Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q4 2019)
According to the SEC 13F filed on Feb 14, 2020, the Bares Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2019. 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 2019, the filing reported:
New Buys - Cimpress
Increases - Align Technology, Inc., Alarm.com Holdings, Inc., CoStar Group, Inc., Guidewire Software, Inc., Interactive Brokers Group, Inc., and 7 more
Reductions - Box, Inc., Element Solutions Inc., Fastenal Company, Gartner, Inc., Papa John's International, Inc., and 2 more
Complete Exits - e.l.f. Beauty, 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 2019
|
ALGN
Align Technology, Inc.
|
Buy |
+140,891
|
|
Q4 2019
|
ALRM
Alarm.com Holdings, Inc.
|
Buy |
+321,796
|
|
Q4 2019
|
BOX
Box, Inc.
|
Sell |
-514,671
|
|
Q4 2019
|
CSGP
CoStar Group, Inc.
|
Buy |
+4,257
|
|
Q4 2019
|
ELF
e.l.f. Beauty, Inc.
|
Sell - Position Exit |
-11,052
|
|
Q4 2019
|
ESI
Element Solutions Inc.
|
Sell |
-1,415,548
|
|
Q4 2019
|
FAST
Fastenal Company
|
Sell |
-5,993,892
|
|
Q4 2019
|
G2143T103
Cimpress
|
Buy - Position Entry |
+307,601
|
|
Q4 2019
|
GWRE
Guidewire Software, Inc.
|
Buy |
+34,843
|
|
Q4 2019
|
IBKR
Interactive Brokers Group, Inc.
|
Buy |
+35,401
|
|
Q4 2019
|
IT
Gartner, Inc.
|
Sell |
-22,690
|
|
Q4 2019
|
MIDD
The Middleby Corporation
|
Buy |
+14,526
|
|
Q4 2019
|
PEGA
Pegasystems Inc.
|
Buy |
+3,115,000
|
|
Q4 2019
|
PZZA
Papa John's International, Inc.
|
Sell |
-272,440
|
|
Q4 2019
|
SQ
Block, Inc.
|
Buy |
+321,411
|
|
Q4 2019
|
TRIP
TripAdvisor, Inc.
|
Sell |
-3,771,309
|
|
Q4 2019
|
TYL
Tyler Technologies, Inc.
|
Buy |
+1,452
|
|
Q4 2019
|
UA
Under Armour, Inc.
|
Sell |
-15,026
|
|
Q4 2019
|
W
Wayfair Inc.
|
Buy |
+2,011,660
|
|
Q4 2019
|
WDAY
Workday, Inc.
|
Buy |
+409,763
|
|
Q4 2019
|
ZUO
Zuora, Inc.
|
Buy |
+300,150
|