Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q1 2018)
According to the SEC 13F filed on Nov 14, 2025, the Bares Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2018. 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 Q1 2018, the filing reported:
New Buys - TripAdvisor, Inc.
Increases - Alarm.com Holdings, Inc., ANSYS, Inc., Box, Inc., CoStar Group, Inc., e.l.f. Beauty, Inc., and 5 more
Reductions - Twilio Inc.
Complete Exits - Markel Group Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2018
|
ALRM
Alarm.com Holdings, Inc.
|
Buy |
+747,152
|
|
Q1 2018
|
ANSS
ANSYS, Inc.
|
Buy |
+2,027
|
|
Q1 2018
|
BOX
Box, Inc.
|
Buy |
+1,086,033
|
|
Q1 2018
|
CSGP
CoStar Group, Inc.
|
Buy |
+994
|
|
Q1 2018
|
ELF
e.l.f. Beauty, Inc.
|
Buy |
+146,307
|
|
Q1 2018
|
FAST
Fastenal Company
|
Buy |
+7,509
|
|
Q1 2018
|
IBKR
Interactive Brokers Group, Inc.
|
Buy |
+9,435
|
|
Q1 2018
|
IT
Gartner, Inc.
|
Buy |
+303,449
|
|
Q1 2018
|
MKL
Markel Group Inc.
|
Sell - Position Exit |
-127,627
|
|
Q1 2018
|
TRIP
TripAdvisor, Inc.
|
Buy - Position Entry |
+4,240,302
|
|
Q1 2018
|
TWLO
Twilio Inc.
|
Sell |
-341,366
|
|
Q1 2018
|
UA
Under Armour, Inc.
|
Buy |
+17,488
|
|
Q1 2018
|
WAT
Waters Corporation
|
Buy |
+1,541
|