Brian Bares - Bares Capital Management 13F Activity & Position Changes (Q4 2021)

According to the SEC 13F filed on Feb 14, 2022, the Bares Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2021. 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 2021, the filing reported:

New Buys - None reported

Increases - Agilysys, Inc., Alarm.com Holdings, Inc., Evertec, Inc., Cimpress, InMode, and 7 more

Reductions - Align Technology, Inc., Astronics Corporation, CoStar Group, Inc., Element Solutions Inc., Etsy, Inc., and 5 more

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	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2021	AGYS Agilysys, Inc.	Agilysys, Inc.	Buy	+147,100	+53.0%	$18.87K	424,500
Q4 2021	ALGN Align Technology, Inc.	Align Technology, Inc.	Sell	-35,377	-6.4%	$340.40K	517,977
Q4 2021	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Buy	+30,000	+4.6%	$57.58K	678,922
Q4 2021	ATRO Astronics Corporation	Astronics Corporation	Sell	-37,665	-3.1%	$13.96K	1,163,789
Q4 2021	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Sell	-80,110	-2.5%	$245.14K	3,101,856
Q4 2021	ESI Element Solutions Inc.	Element Solutions Inc.	Sell	-217,033	-15.1%	$29.64K	1,220,755
Q4 2021	ETSY Etsy, Inc.	Etsy, Inc.	Sell	-1,500	-0.4%	$92.08K	420,553
Q4 2021	EVTC Evertec, Inc.	Evertec, Inc.	Buy	+16,016	+5.5%	$15.25K	305,200
Q4 2021	G2143T103 Cimpress	Cimpress	Buy	+56,204	+18.2%	$26.16K	365,243
Q4 2021	GWRE Guidewire Software, Inc.	Guidewire Software, Inc.	Sell	-30,000	-9.1%	$33.91K	298,715
Q4 2021	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-1,883	-0.0%	$411.98K	5,187,311
Q4 2021	M5425M103 InMode	InMode	Buy	+51,200	+100.0%	$7.23K	102,400
Q4 2021	ONTO Onto Innovation Inc.	Onto Innovation Inc.	Buy	+7,499	+4.9%	$16.22K	160,200
Q4 2021	PD PagerDuty, Inc.	PagerDuty, Inc.	Buy	+456,791	+38.7%	$56.87K	1,636,425
Q4 2021	PEGA Pegasystems Inc.	Pegasystems Inc.	Sell	-65,578	-1.3%	$548.27K	4,903,185
Q4 2021	RDFN Redfin Corporation	Redfin Corporation	Buy	+2,444,167	+23.5%	$493.27K	12,848,888
Q4 2021	SFIX Stitch Fix, Inc.	Stitch Fix, Inc.	Buy	+944,240	+74.6%	$41.80K	2,209,283
Q4 2021	SQ Block, Inc.	Block, Inc.	Sell	-19,381	-0.4%	$705.23K	4,366,505
Q4 2021	W Wayfair Inc.	Wayfair Inc.	Buy	+179,344	+6.6%	$551.41K	2,902,633
Q4 2021	WDAY Workday, Inc.	Workday, Inc.	Sell	-117,826	-4.5%	$685.67K	2,509,963
Q4 2021	WOW WideOpenWest, Inc.	WideOpenWest, Inc.	Buy	+68,665	+15.6%	$10.93K	508,000
Q4 2021	XPEL XPEL, Inc.	XPEL, Inc.	Buy	+195,254	+53.5%	$38.24K	560,060