Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q3 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 Sep 30, 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 Q3 2018, the filing reported:
New Buys - None reported
Increases - Alarm.com Holdings, Inc., Box, Inc., e.l.f. Beauty, Inc., Fastenal Company, Guidewire Software, Inc., and 10 more
Reductions - ANSYS, Inc., CoStar Group, Inc.
Complete Exits - None reported
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 |
|---|---|---|---|
|
Q3 2018
|
ALRM
Alarm.com Holdings, Inc.
|
Buy |
+156,982
|
|
Q3 2018
|
ANSS
ANSYS, Inc.
|
Sell |
-944,783
|
|
Q3 2018
|
BOX
Box, Inc.
|
Buy |
+333,780
|
|
Q3 2018
|
CSGP
CoStar Group, Inc.
|
Sell |
-63,132
|
|
Q3 2018
|
ELF
e.l.f. Beauty, Inc.
|
Buy |
+767,108
|
|
Q3 2018
|
FAST
Fastenal Company
|
Buy |
+657,073
|
|
Q3 2018
|
GWRE
Guidewire Software, Inc.
|
Buy |
+260,298
|
|
Q3 2018
|
IBKR
Interactive Brokers Group, Inc.
|
Buy |
+814,046
|
|
Q3 2018
|
IT
Gartner, Inc.
|
Buy |
+555,868
|
|
Q3 2018
|
MIDD
The Middleby Corporation
|
Buy |
+384,695
|
|
Q3 2018
|
PZZA
Papa John's International, Inc.
|
Buy |
+282,854
|
|
Q3 2018
|
SQ
Block, Inc.
|
Buy |
+365,624
|
|
Q3 2018
|
TRIP
TripAdvisor, Inc.
|
Buy |
+703,220
|
|
Q3 2018
|
TYL
Tyler Technologies, Inc.
|
Buy |
+96,806
|
|
Q3 2018
|
UA
Under Armour, Inc.
|
Buy |
+1,623,852
|
|
Q3 2018
|
WAT
Waters Corporation
|
Buy |
+118,126
|
|
Q3 2018
|
WDAY
Workday, Inc.
|
Buy |
+1,765,806
|