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 2023Sep 30, 2023 | SQ Block, Inc. | Buy | +11,376+0.3% |
Q3 2023Sep 30, 2023 | FC Franklin Covey Company | Buy | +6,340+1.6% |
Q3 2023Sep 30, 2023 | AGYS Agilysys, Inc. | Buy | +5,000+1.9% |
Q3 2023Sep 30, 2023 | TWLO Twilio Inc. | Buy | +1,095+0.3% |
Q3 2023Sep 30, 2023 | ALRM Alarm.com Holdings, Inc. | Sell | -231-0.0% |
Q3 2023Sep 30, 2023 | SNEX StoneX Group Inc. | Sell | -1,000-0.6% |
Q3 2023Sep 30, 2023 | XPEL XPEL, Inc. | Sell | -1,077-0.2% |
Q3 2023Sep 30, 2023 | G2143T103 Cimpress | Sell | -3,382-1.2% |
Q3 2023Sep 30, 2023 | IBKR Interactive Brokers Group, Inc. | Sell | -4,904-0.2% |
Q3 2023Sep 30, 2023 | W Wayfair Inc. | Sell | -7,949-0.4% |
Q3 2023Sep 30, 2023 | ATRO Astronics Corporation | Sell | -8,500-1.2% |
Q3 2023Sep 30, 2023 | GWRE Guidewire Software, Inc. | Sell | -24,000-10.6% |
Q3 2023Sep 30, 2023 | ONTO Onto Innovation Inc. | Sell | -25,000-18.2% |
Q3 2023Sep 30, 2023 | CSGP CoStar Group, Inc. | Sell | -27,522-1.3% |
Q3 2023Sep 30, 2023 | PEGA Pegasystems Inc. | Sell | -36,240-0.6% |
Q3 2023Sep 30, 2023 | PZZA Papa John's International, Inc. | Sell | -50,000-43.1% |
Q3 2023Sep 30, 2023 | HCAT Health Catalyst, Inc | Sell | -80,000-10.3% |
Q3 2023Sep 30, 2023 | ALGN Align Technology, Inc. | Sell | -87,725-15.9% |
Q3 2023Sep 30, 2023 | ZUO Zuora, Inc. | Sell | -100,000-11.1% |
Q3 2023Sep 30, 2023 | ESI Element Solutions Inc. | Sell | -112,535-13.9% |
Q3 2023Sep 30, 2023 | WDAY Workday, Inc. | Sell | -468,585-22.2% |
Q3 2023Sep 30, 2023 | OLO Olo Inc. | Sell | -518,436-23.9% |
Q3 2023Sep 30, 2023 | RDFN Redfin Corporation | Sell | -716,723-4.1% |
Q3 2023Sep 30, 2023 | PLNT Planet Fitness, Inc. | Sell - Position Exit | -1,998,888-100.0% |
Q2 2023Jun 30, 2023 | UPWK Upwork Inc. | Buy | +660,000+82.5% |
Q2 2023Jun 30, 2023 | ETSY Etsy, Inc. | Buy | +558,757+27.9% |
Q2 2023Jun 30, 2023 | WOW WideOpenWest, Inc. | Buy | +507,520+35.5% |
Q2 2023Jun 30, 2023 | PEGA Pegasystems Inc. | Buy | +457,888+8.6% |
Q2 2023Jun 30, 2023 | SSTI SoundThinking, Inc. | Buy | +346,298+140.4% |
Q2 2023Jun 30, 2023 | HCAT Health Catalyst, Inc | Buy | +330,000+73.3% |