Brian Bares – Bares Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Bares Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. 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 Q2 2025, the filing reported:
New Buys – The Middleby Corporation (MIDD), APi Group Corporation (APG), Ferguson Enterprises Inc. (FERG)
Increases – Interactive Brokers Group, Inc. (IBKR), Pegasystems Inc. (PEGA), Medpace Holdings, Inc. (MEDP), CoStar Group, Inc. (CSGP), Brown & Brown, Inc. (BRO), and 1 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Bares Capital Management Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2021Jun 30, 2021 | ALGN Align Technology, Inc. | Sell | -149,870-19.5% |
Q2 2021Jun 30, 2021 | ESI Element Solutions Inc. | Sell | -168,957-14.9% |
Q2 2021Jun 30, 2021 | MIDD The Middleby Corporation | Sell - Position Exit | -238,020-100.0% |
Q2 2021Jun 30, 2021 | IT Gartner, Inc. | Sell - Position Exit | -292,270-100.0% |
Q2 2021Jun 30, 2021 | IBKR Interactive Brokers Group, Inc. | Sell | -342,156-6.3% |
Q2 2021Jun 30, 2021 | BOX Box, Inc. | Sell - Position Exit | -630,768-100.0% |
Q1 2021Mar 31, 2021 | RDFN Redfin Corporation | Buy - Position Entry | +5,130,215 |
Q1 2021Mar 31, 2021 | ZUO Zuora, Inc. | Buy | +300,004+90.2% |
Q1 2021Mar 31, 2021 | ATRO Astronics Corporation | Buy | +148,943+72.8% |
Q1 2021Mar 31, 2021 | SFIX Stitch Fix, Inc. | Buy | +47,594+10.2% |
Q1 2021Mar 31, 2021 | G2143T103 Cimpress | Buy | +24,347+23.7% |
Q1 2021Mar 31, 2021 | W Wayfair Inc. | Buy | +1,724+0.1% |
Q1 2021Mar 31, 2021 | PZZA Papa John's International, Inc. | Sell | -9,039-12.3% |
Q1 2021Mar 31, 2021 | CSGP CoStar Group, Inc. | Sell | -11,295-3.3% |
Q1 2021Mar 31, 2021 | GWRE Guidewire Software, Inc. | Sell | -30,000-8.1% |
Q1 2021Mar 31, 2021 | ALGN Align Technology, Inc. | Sell | -34,500-4.3% |
Q1 2021Mar 31, 2021 | WDAY Workday, Inc. | Sell | -36,400-1.3% |
Q1 2021Mar 31, 2021 | TWLO Twilio Inc. | Sell | -45,739-32.4% |
Q1 2021Mar 31, 2021 | ALRM Alarm.com Holdings, Inc. | Sell | -49,324-14.0% |
Q1 2021Mar 31, 2021 | IBKR Interactive Brokers Group, Inc. | Sell | -56,600-1.0% |
Q1 2021Mar 31, 2021 | PD PagerDuty, Inc. | Sell | -59,473-9.1% |
Q1 2021Mar 31, 2021 | PEGA Pegasystems Inc. | Sell | -62,566-1.2% |
Q1 2021Mar 31, 2021 | TYL Tyler Technologies, Inc. | Sell - Position Exit | -74,557-100.0% |
Q1 2021Mar 31, 2021 | MIDD The Middleby Corporation | Sell | -82,950-25.8% |
Q1 2021Mar 31, 2021 | ESI Element Solutions Inc. | Sell | -114,169-9.2% |
Q1 2021Mar 31, 2021 | BOX Box, Inc. | Sell | -356,013-36.1% |
Q1 2021Mar 31, 2021 | SQ Block, Inc. | Sell | -361,299-6.8% |
Q1 2021Mar 31, 2021 | IT Gartner, Inc. | Sell | -2,119,759-87.9% |
Q4 2020Dec 31, 2020 | PEGA Pegasystems Inc. | Buy | +510,121+10.9% |
Q4 2020Dec 31, 2020 | BOX Box, Inc. | Buy | +199,988+25.4% |