Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q4 2015)
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 Dec 31, 2015. 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 Q4 2015, the filing reported:
New Buys - Moody's Corporation
Increases - ANSYS, Inc., America's Car-Mart, Inc., Fastenal Company, FactSet Research Systems Inc., Interactive Brokers Group, Inc., and 4 more
Reductions - Heico Corporation
Complete Exits - Polaris 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 |
|---|---|---|---|
|
Q4 2015
|
ANSS
ANSYS, Inc.
|
Buy |
+270,694
|
|
Q4 2015
|
CRMT
America's Car-Mart, Inc.
|
Buy |
+206,264
|
|
Q4 2015
|
FAST
Fastenal Company
|
Buy |
+441,154
|
|
Q4 2015
|
FDS
FactSet Research Systems Inc.
|
Buy |
+72,952
|
|
Q4 2015
|
HEI-A
Heico Corporation
|
Sell |
-309,214
|
|
Q4 2015
|
IBKR
Interactive Brokers Group, Inc.
|
Buy |
+477,834
|
|
Q4 2015
|
IT
Gartner, Inc.
|
Buy |
+293,224
|
|
Q4 2015
|
MCO
Moody's Corporation
|
Buy - Position Entry |
+636,913
|
|
Q4 2015
|
MKL
Markel Group Inc.
|
Buy |
+22,552
|
|
Q4 2015
|
PII
Polaris Inc.
|
Sell - Position Exit |
-157,024
|
|
Q4 2015
|
VRSK
Verisk Analytics, Inc.
|
Buy |
+352,601
|
|
Q4 2015
|
WAT
Waters Corporation
|
Buy |
+141,806
|