Brian Bares – Bares Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Bares Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
New Buys – The Middleby Corporation (MIDD), APi Group Corporation (APG), Ferguson Enterprises Inc. (FERG)
Increases – Interactive Brokers Group, Inc. (IBKR), Pegasystems Inc. (PEGA), Medpace Holdings, Inc. (MEDP), CoStar Group, Inc. (CSGP), Brown & Brown, Inc. (BRO), and 1 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Bares Capital Management Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q4 2022Dec 31, 2022 | WOW WideOpenWest, Inc. | Buy | +500,000+66.0% |
Q4 2022Dec 31, 2022 | PEGA Pegasystems Inc. | Buy | +65,467+1.2% |
Q4 2022Dec 31, 2022 | PLNT Planet Fitness, Inc. | Buy | +48,955+2.4% |
Q4 2022Dec 31, 2022 | IRMD iRadimed Corporation | Buy | +47,298+21.1% |
Q4 2022Dec 31, 2022 | TWLO Twilio Inc. | Buy | +27,000+7.3% |
Q4 2022Dec 31, 2022 | ALGN Align Technology, Inc. | Buy | +21,922+2.4% |
Q4 2022Dec 31, 2022 | FC Franklin Covey Company | Buy | +20,000+13.3% |
Q4 2022Dec 31, 2022 | SNEX StoneX Group Inc. | Buy | +9,387+23.5% |
Q4 2022Dec 31, 2022 | SQ Block, Inc. | Buy | +344+0.0% |
Q4 2022Dec 31, 2022 | G2143T103 Cimpress | Sell | -8,370-1.9% |
Q4 2022Dec 31, 2022 | WDAY Workday, Inc. | Sell | -8,944-0.4% |
Q4 2022Dec 31, 2022 | ALRM Alarm.com Holdings, Inc. | Sell | -17,799-2.7% |
Q4 2022Dec 31, 2022 | GWRE Guidewire Software, Inc. | Sell | -24,592-7.8% |
Q4 2022Dec 31, 2022 | ONTO Onto Innovation Inc. | Sell | -25,000-11.0% |
Q4 2022Dec 31, 2022 | PZZA Papa John's International, Inc. | Sell | -50,000-24.8% |
Q4 2022Dec 31, 2022 | ETSY Etsy, Inc. | Sell | -60,190-3.9% |
Q4 2022Dec 31, 2022 | IBKR Interactive Brokers Group, Inc. | Sell | -86,234-2.7% |
Q4 2022Dec 31, 2022 | XPEL XPEL, Inc. | Sell | -94,774-12.4% |
Q4 2022Dec 31, 2022 | CSGP CoStar Group, Inc. | Sell | -96,855-4.3% |
Q4 2022Dec 31, 2022 | AGYS Agilysys, Inc. | Sell | -100,000-16.5% |
Q4 2022Dec 31, 2022 | ESI Element Solutions Inc. | Sell | -132,518-12.2% |
Q4 2022Dec 31, 2022 | ATRO Astronics Corporation | Sell | -148,096-8.8% |
Q4 2022Dec 31, 2022 | ZUO Zuora, Inc. | Sell | -260,970-13.4% |
Q4 2022Dec 31, 2022 | OLO Olo Inc. | Sell | -275,559-10.4% |
Q4 2022Dec 31, 2022 | W Wayfair Inc. | Sell | -400,000-14.0% |
Q4 2022Dec 31, 2022 | PD PagerDuty, Inc. | Sell | -476,643-37.5% |
Q3 2022Sep 30, 2022 | TDUP ThredUp Inc. | Buy | +1,000,000+66.2% |
Q3 2022Sep 30, 2022 | ETSY Etsy, Inc. | Buy | +716,680+86.7% |
Q3 2022Sep 30, 2022 | PLNT Planet Fitness, Inc. | Buy | +575,627+40.0% |
Q3 2022Sep 30, 2022 | OLO Olo Inc. | Buy | +537,650+25.5% |