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 |
|---|---|---|---|
Q1 2015Mar 31, 2015 | PFE Pfizer, Inc. | Sell - Position Exit | -16,579-100.0% |
Q1 2015Mar 31, 2015 | MORN Morningstar, Inc. | Sell - Position Exit | -16,695-100.0% |
Q1 2015Mar 31, 2015 | XEL Xcel Energy Inc. | Sell - Position Exit | -26,000-100.0% |
Q1 2015Mar 31, 2015 | WY Weyerhaeuser Company | Sell - Position Exit | -27,023-100.0% |
Q1 2015Mar 31, 2015 | COP ConocoPhillips | Sell - Position Exit | -30,000-100.0% |
Q1 2015Mar 31, 2015 | EXPD Expeditors International of Was | Sell - Position Exit | -35,146-100.0% |
Q1 2015Mar 31, 2015 | CSWC Capital Southwest Corporation | Sell - Position Exit | -36,282-100.0% |
Q1 2015Mar 31, 2015 | POST Post Holdings, Inc. | Sell - Position Exit | -44,040-100.0% |
Q1 2015Mar 31, 2015 | KMI Kinder Morgan, Inc. | Sell - Position Exit | -46,378-100.0% |
Q1 2015Mar 31, 2015 | CRMT America's Car-Mart, Inc. | Sell | -48,711-4.0% |
Q1 2015Mar 31, 2015 | HEI-A Heico Corporation | Sell | -52,273-2.6% |
Q1 2015Mar 31, 2015 | BAM Brookfield Asset Management Ltd. | Sell - Position Exit | -54,659-100.0% |
Q1 2015Mar 31, 2015 | VWO Vanguard FTSE Emerging Markets | Sell - Position Exit | -59,272-100.0% |
Q1 2015Mar 31, 2015 | SPE Special Opportunities Fund, Inc | Sell - Position Exit | -124,640-100.0% |
Q1 2015Mar 31, 2015 | MIDD The Middleby Corporation | Sell - Position Exit | -586,120-100.0% |
Q4 2014Dec 31, 2014 | HEI-A Heico Corporation | Buy | +109,720+5.8% |
Q4 2014Dec 31, 2014 | SPE Special Opportunities Fund, Inc | Buy | +52,257+72.2% |
Q4 2014Dec 31, 2014 | KMI Kinder Morgan, Inc. | Buy - Position Entry | +46,378 |
Q4 2014Dec 31, 2014 | EXC Exelon Corporation | Buy - Position Entry | +5,725 |
Q4 2014Dec 31, 2014 | BMY Bristol-Myers Squibb Company | Buy - Position Entry | +3,834 |
Q4 2014Dec 31, 2014 | VWO Vanguard FTSE Emerging Markets | Buy | +779+1.3% |
Q4 2014Dec 31, 2014 | BAM Brookfield Asset Management Ltd. | Sell | -1-0.0% |
Q4 2014Dec 31, 2014 | UGI UGI Corporation | Sell | -1-0.0% |
Q4 2014Dec 31, 2014 | VMBS Vanguard Mortgage-Backed Securi | Sell | -29-0.7% |
Q4 2014Dec 31, 2014 | VCSH Vanguard Short-Term Corporate B | Sell | -75-0.9% |
Q4 2014Dec 31, 2014 | BRK-B Berkshire Hathaway Inc. New | Sell | -92-0.6% |
Q4 2014Dec 31, 2014 | EXPD Expeditors International of Was | Sell | -102-0.3% |
Q4 2014Dec 31, 2014 | WY Weyerhaeuser Company | Sell | -1,497-5.2% |
Q4 2014Dec 31, 2014 | CSWC Capital Southwest Corporation | Sell | -1,610-4.2% |
Q4 2014Dec 31, 2014 | CRMT America's Car-Mart, Inc. | Sell | -43,208-3.4% |