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 |
|---|---|---|---|
Q1 2016Mar 31, 2016 | FAST Fastenal Company | Sell | -29,832-1.5% |
Q1 2016Mar 31, 2016 | CRMT America's Car-Mart, Inc. | Sell | -112,224-7.6% |
Q1 2016Mar 31, 2016 | HEI-A Heico Corporation | Sell | -1,234,114-77.9% |
Q4 2015Dec 31, 2015 | MCO Moody's Corporation | Buy - Position Entry | +636,913 |
Q4 2015Dec 31, 2015 | IBKR Interactive Brokers Group, Inc. | Buy | +477,834+51.7% |
Q4 2015Dec 31, 2015 | FAST Fastenal Company | Buy | +441,154+28.8% |
Q4 2015Dec 31, 2015 | VRSK Verisk Analytics, Inc. | Buy | +352,601+67.0% |
Q4 2015Dec 31, 2015 | IT Gartner, Inc. | Buy | +293,224+50.4% |
Q4 2015Dec 31, 2015 | ANSS ANSYS, Inc. | Buy | +270,694+64.6% |
Q4 2015Dec 31, 2015 | CRMT America's Car-Mart, Inc. | Buy | +206,264+16.2% |
Q4 2015Dec 31, 2015 | WAT Waters Corporation | Buy | +141,806+40.9% |
Q4 2015Dec 31, 2015 | FDS FactSet Research Systems Inc. | Buy | +72,952+23.9% |
Q4 2015Dec 31, 2015 | MKL Markel Group Inc. | Buy | +22,552+46.4% |
Q4 2015Dec 31, 2015 | PII Polaris Inc. | Sell - Position Exit | -157,024-100.0% |
Q4 2015Dec 31, 2015 | HEI-A Heico Corporation | Sell | -309,214-16.3% |
Q3 2015Sep 30, 2015 | IBKR Interactive Brokers Group, Inc. | Buy - Position Entry | +924,715 |
Q3 2015Sep 30, 2015 | FAST Fastenal Company | Buy | +911,752+146.8% |
Q3 2015Sep 30, 2015 | IT Gartner, Inc. | Buy | +280,575+93.1% |
Q3 2015Sep 30, 2015 | VRSK Verisk Analytics, Inc. | Buy | +242,694+85.5% |
Q3 2015Sep 30, 2015 | WAT Waters Corporation | Buy | +231,009+199.0% |
Q3 2015Sep 30, 2015 | ANSS ANSYS, Inc. | Buy | +187,802+81.3% |
Q3 2015Sep 30, 2015 | FDS FactSet Research Systems Inc. | Buy | +178,144+140.5% |
Q3 2015Sep 30, 2015 | MKL Markel Group Inc. | Buy | +15,624+47.4% |
Q3 2015Sep 30, 2015 | CRMT America's Car-Mart, Inc. | Buy | +14,448+1.1% |
Q3 2015Sep 30, 2015 | PII Polaris Inc. | Buy | +11,852+8.2% |
Q3 2015Sep 30, 2015 | HEI-A Heico Corporation | Sell | -52,316-2.7% |
Q3 2015Sep 30, 2015 | DORM Dorman Products, Inc. | Sell - Position Exit | -661,965-100.0% |
Q2 2015Jun 30, 2015 | FAST Fastenal Company | Buy - Position Entry | +621,258 |
Q2 2015Jun 30, 2015 | IT Gartner, Inc. | Buy - Position Entry | +301,494 |
Q2 2015Jun 30, 2015 | VRSK Verisk Analytics, Inc. | Buy - Position Entry | +283,952 |