Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q4 2017)
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, 2017. 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 2017, the filing reported:
New Buys - e.l.f. Beauty, Inc.
Increases - ANSYS, Inc., CoStar Group, Inc., Fastenal Company, FactSet Research Systems Inc., Interactive Brokers Group, Inc., and 5 more
Reductions - Alarm.com Holdings, Inc., Box, Inc.
Complete Exits - America's Car-Mart, 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 2017
|
ALRM
Alarm.com Holdings, Inc.
|
Sell |
-32,147
|
|
Q4 2017
|
ANSS
ANSYS, Inc.
|
Buy |
+17,775
|
|
Q4 2017
|
BOX
Box, Inc.
|
Sell |
-204,745
|
|
Q4 2017
|
CRMT
America's Car-Mart, Inc.
|
Sell - Position Exit |
-294,477
|
|
Q4 2017
|
CSGP
CoStar Group, Inc.
|
Buy |
+21,558
|
|
Q4 2017
|
ELF
e.l.f. Beauty, Inc.
|
Buy - Position Entry |
+2,038,065
|
|
Q4 2017
|
FAST
Fastenal Company
|
Buy |
+70,469
|
|
Q4 2017
|
FDS
FactSet Research Systems Inc.
|
Buy |
+88,810
|
|
Q4 2017
|
IBKR
Interactive Brokers Group, Inc.
|
Buy |
+280,574
|
|
Q4 2017
|
IT
Gartner, Inc.
|
Buy |
+145,204
|
|
Q4 2017
|
MKL
Markel Group Inc.
|
Buy |
+2,475
|
|
Q4 2017
|
TWLO
Twilio Inc.
|
Buy |
+395,471
|
|
Q4 2017
|
UA
Under Armour, Inc.
|
Buy |
+181,265
|
|
Q4 2017
|
WAT
Waters Corporation
|
Buy |
+16,771
|