Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q1 2020)
According to the SEC 13F filed on May 15, 2020, the Bares Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2020. 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 2020, the filing reported:
Increases - Align Technology, Inc., CoStar Group, Inc., Guidewire Software, Inc., Gartner, Inc., The Middleby Corporation, and 4 more
Reductions - Alarm.com Holdings, Inc., Box, Inc., Element Solutions Inc., Cimpress, Interactive Brokers Group, Inc., and 4 more
Complete Exits - Fastenal Company, TripAdvisor, 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 2020
|
ALGN
Align Technology, Inc.
|
Buy |
+357,504
|
|
Q1 2020
|
ALRM
Alarm.com Holdings, Inc.
|
Sell |
-512,036
|
|
Q1 2020
|
ATRO
Astronics Corporation
|
Buy - Position Entry |
+282,622
|
|
Q1 2020
|
BOX
Box, Inc.
|
Sell |
-2,444,269
|
|
Q1 2020
|
CSGP
CoStar Group, Inc.
|
Buy |
+10,000
|
|
Q1 2020
|
ESI
Element Solutions Inc.
|
Sell |
-4,285,795
|
|
Q1 2020
|
FAST
Fastenal Company
|
Sell - Position Exit |
-902,881
|
|
Q1 2020
|
G2143T103
Cimpress
|
Sell |
-174,686
|
|
Q1 2020
|
GWRE
Guidewire Software, Inc.
|
Buy |
+155,100
|
|
Q1 2020
|
IBKR
Interactive Brokers Group, Inc.
|
Sell |
-1,393,503
|
|
Q1 2020
|
IT
Gartner, Inc.
|
Buy |
+120,047
|
|
Q1 2020
|
MIDD
The Middleby Corporation
|
Buy |
+60,589
|
|
Q1 2020
|
PD
PagerDuty, Inc.
|
Buy - Position Entry |
+559,573
|
|
Q1 2020
|
PEGA
Pegasystems Inc.
|
Buy |
+462,818
|
|
Q1 2020
|
PZZA
Papa John's International, Inc.
|
Sell |
-838,753
|
|
Q1 2020
|
SQ
Block, Inc.
|
Buy |
+2,073,081
|
|
Q1 2020
|
TRIP
TripAdvisor, Inc.
|
Sell - Position Exit |
-680,611
|
|
Q1 2020
|
TWLO
Twilio Inc.
|
Buy - Position Entry |
+276,438
|
|
Q1 2020
|
TYL
Tyler Technologies, Inc.
|
Sell |
-19,367
|
|
Q1 2020
|
UA
Under Armour, Inc.
|
Sell |
-1,279,847
|
|
Q1 2020
|
W
Wayfair Inc.
|
Buy |
+345,873
|
|
Q1 2020
|
WDAY
Workday, Inc.
|
Buy |
+573,757
|
|
Q1 2020
|
ZUO
Zuora, Inc.
|
Sell |
-573,216
|