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 |
|---|---|---|---|
Q3 2024Sep 30, 2024 | TDUP ThredUp Inc. | Sell - Position Exit | -4,250,000-100.0% |
Q2 2024Jun 30, 2024 | TDUP ThredUp Inc. | Buy | +701,200+19.8% |
Q2 2024Jun 30, 2024 | UPWK Upwork Inc. | Buy | +355,000+33.2% |
Q2 2024Jun 30, 2024 | ZUO Zuora, Inc. | Buy | +193,708+11.1% |
Q2 2024Jun 30, 2024 | WOW WideOpenWest, Inc. | Buy | +68,666+2.2% |
Q2 2024Jun 30, 2024 | WDAY Workday, Inc. | Buy | +30,719+2.7% |
Q2 2024Jun 30, 2024 | SNEX StoneX Group Inc. | Buy | +30,000+26.7% |
Q2 2024Jun 30, 2024 | VEEV Veeva Systems Inc. | Buy | +8,095+7.5% |
Q2 2024Jun 30, 2024 | ATRO Astronics Corporation | Buy | +5,000+0.6% |
Q2 2024Jun 30, 2024 | FC Franklin Covey Company | Buy | +5,000+1.1% |
Q2 2024Jun 30, 2024 | IRMD iRadimed Corporation | Buy | +4,600+1.6% |
Q2 2024Jun 30, 2024 | SQ Block, Inc. | Sell | -19,200-0.5% |
Q2 2024Jun 30, 2024 | ALRM Alarm.com Holdings, Inc. | Sell | -20,000-3.4% |
Q2 2024Jun 30, 2024 | AGYS Agilysys, Inc. | Sell | -20,000-11.1% |
Q2 2024Jun 30, 2024 | ETSY Etsy, Inc. | Sell | -24,336-0.6% |
Q2 2024Jun 30, 2024 | EVTC Evertec, Inc. | Sell | -37,449-11.6% |
Q2 2024Jun 30, 2024 | ONTO Onto Innovation Inc. | Sell | -39,000-49.4% |
Q2 2024Jun 30, 2024 | TWLO Twilio Inc. | Sell | -42,595-16.5% |
Q2 2024Jun 30, 2024 | ALGN Align Technology, Inc. | Sell | -48,737-5.9% |
Q2 2024Jun 30, 2024 | G2143T103 Cimpress | Sell | -49,000-21.8% |
Q2 2024Jun 30, 2024 | XPEL XPEL, Inc. | Sell | -50,000-6.9% |
Q2 2024Jun 30, 2024 | ESI Element Solutions Inc. | Sell | -50,000-7.2% |
Q2 2024Jun 30, 2024 | PEGA Pegasystems Inc. | Sell | -128,960-2.3% |
Q2 2024Jun 30, 2024 | SSTI SoundThinking, Inc. | Sell | -179,934-23.2% |
Q2 2024Jun 30, 2024 | CSGP CoStar Group, Inc. | Sell | -195,900-12.4% |
Q2 2024Jun 30, 2024 | IBKR Interactive Brokers Group, Inc. | Sell | -277,466-9.9% |
Q2 2024Jun 30, 2024 | W Wayfair Inc. | Sell | -430,500-23.4% |
Q2 2024Jun 30, 2024 | HCAT Health Catalyst, Inc | Sell - Position Exit | -450,000-100.0% |
Q1 2024Mar 31, 2024 | WOW WideOpenWest, Inc. | Buy | +538,770+20.5% |
Q1 2024Mar 31, 2024 | ZUO Zuora, Inc. | Buy | +511,292+41.4% |