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 |
|---|---|---|---|
Q2 2018Jun 30, 2018 | ELF e.l.f. Beauty, Inc. | Sell | -15,615-0.7% |
Q2 2018Jun 30, 2018 | BOX Box, Inc. | Sell | -58,553-0.8% |
Q2 2018Jun 30, 2018 | FDS FactSet Research Systems Inc. | Sell - Position Exit | -761,077-100.0% |
Q2 2018Jun 30, 2018 | TWLO Twilio Inc. | Sell - Position Exit | -1,932,511-100.0% |
Q1 2018Mar 31, 2018 | TRIP TripAdvisor, Inc. | Buy - Position Entry | +4,240,302 |
Q1 2018Mar 31, 2018 | BOX Box, Inc. | Buy | +1,086,033+17.6% |
Q1 2018Mar 31, 2018 | ALRM Alarm.com Holdings, Inc. | Buy | +747,152+28.0% |
Q1 2018Mar 31, 2018 | IT Gartner, Inc. | Buy | +303,449+23.6% |
Q1 2018Mar 31, 2018 | ELF e.l.f. Beauty, Inc. | Buy | +146,307+7.2% |
Q1 2018Mar 31, 2018 | UA Under Armour, Inc. | Buy | +17,488+0.2% |
Q1 2018Mar 31, 2018 | IBKR Interactive Brokers Group, Inc. | Buy | +9,435+0.2% |
Q1 2018Mar 31, 2018 | FAST Fastenal Company | Buy | +7,509+0.2% |
Q1 2018Mar 31, 2018 | ANSS ANSYS, Inc. | Buy | +2,027+0.2% |
Q1 2018Mar 31, 2018 | WAT Waters Corporation | Buy | +1,541+0.2% |
Q1 2018Mar 31, 2018 | CSGP CoStar Group, Inc. | Buy | +994+0.2% |
Q1 2018Mar 31, 2018 | MKL Markel Group Inc. | Sell - Position Exit | -127,627-100.0% |
Q1 2018Mar 31, 2018 | TWLO Twilio Inc. | Sell | -341,366-15.0% |
Q4 2017Dec 31, 2017 | ELF e.l.f. Beauty, Inc. | Buy - Position Entry | +2,038,065 |
Q4 2017Dec 31, 2017 | TWLO Twilio Inc. | Buy | +395,471+21.1% |
Q4 2017Dec 31, 2017 | IBKR Interactive Brokers Group, Inc. | Buy | +280,574+6.2% |
Q4 2017Dec 31, 2017 | UA Under Armour, Inc. | Buy | +181,265+2.2% |
Q4 2017Dec 31, 2017 | IT Gartner, Inc. | Buy | +145,204+12.7% |
Q4 2017Dec 31, 2017 | FDS FactSet Research Systems Inc. | Buy | +88,810+13.2% |
Q4 2017Dec 31, 2017 | FAST Fastenal Company | Buy | +70,469+1.9% |
Q4 2017Dec 31, 2017 | CSGP CoStar Group, Inc. | Buy | +21,558+3.6% |
Q4 2017Dec 31, 2017 | ANSS ANSYS, Inc. | Buy | +17,775+1.7% |
Q4 2017Dec 31, 2017 | WAT Waters Corporation | Buy | +16,771+2.3% |
Q4 2017Dec 31, 2017 | MKL Markel Group Inc. | Buy | +2,475+2.0% |
Q4 2017Dec 31, 2017 | ALRM Alarm.com Holdings, Inc. | Sell | -32,147-1.2% |
Q4 2017Dec 31, 2017 | BOX Box, Inc. | Sell | -204,745-3.2% |