Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q2 2020)

According to the SEC 13F filed on Aug 14, 2020, the Bares Capital Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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 Q2 2020, the filing reported:

New Buys - None reported

Increases - The Middleby Corporation, Pegasystems Inc.

Reductions - Align Technology, Inc., Alarm.com Holdings, Inc., Astronics Corporation, Box, Inc., CoStar Group, Inc., and 13 more

Complete Exits - Under Armour, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2020	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-146,251	-9.4%	$384.67K	1,401,657
Q2 2020	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell	-551,919	-54.5%	$29.84K	460,431
Q2 2020	ATRO Astronics Corporation	Astronics Corporation	Sell	-97,682	-34.6%	$1.95K	184,940
Q2 2020	BOX Box, Inc.	Box, Inc.	Sell	-2,065,391	-59.0%	$29.75K	1,433,211
Q2 2020	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Sell	-5,601	-1.5%	$264.23K	371,810
Q2 2020	ESI Element Solutions Inc.	Element Solutions Inc.	Sell	-5,039,914	-74.1%	$19.13K	1,762,994
Q2 2020	G2143T103 Cimpress	Cimpress	Sell	-81,309	-61.2%	$3.94K	51,606
Q2 2020	GWRE Guidewire Software, Inc.	Guidewire Software, Inc.	Sell	-44,000	-8.9%	$50.05K	451,544
Q2 2020	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-368,809	-6.1%	$238.56K	5,711,303
Q2 2020	IT Gartner, Inc.	Gartner, Inc.	Sell	-105,645	-4.2%	$293.41K	2,418,294
Q2 2020	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+22,916	+5.8%	$32.90K	416,726
Q2 2020	PD PagerDuty, Inc.	PagerDuty, Inc.	Sell	-246,057	-44.0%	$8.97K	313,516
Q2 2020	PEGA Pegasystems Inc.	Pegasystems Inc.	Buy	+677,306	+16.8%	$477.17K	4,716,487
Q2 2020	PZZA Papa John's International, Inc.	Papa John's International, Inc.	Sell	-214,772	-63.9%	$9.64K	121,438
Q2 2020	SQ Block, Inc.	Block, Inc.	Sell	-1,012,667	-14.0%	$655.49K	6,246,363
Q2 2020	TWLO Twilio Inc.	Twilio Inc.	Sell	-7,000	-2.5%	$59.12K	269,438
Q2 2020	TYL Tyler Technologies, Inc.	Tyler Technologies, Inc.	Sell	-24,450	-22.2%	$29.78K	85,840
Q2 2020	UA Under Armour, Inc.	Under Armour, Inc.	Sell - Position Exit	-9,038,426	-100.0%	$0.00	-
Q2 2020	W Wayfair Inc.	Wayfair Inc.	Sell	-1,768,933	-37.2%	$590.86K	2,990,042
Q2 2020	WDAY Workday, Inc.	Workday, Inc.	Sell	-182,427	-6.0%	$533.83K	2,849,238
Q2 2020	ZUO Zuora, Inc.	Zuora, Inc.	Sell	-1,401,547	-57.3%	$13.31K	1,044,134