Bares Capital Management 13F holdings, Q3 2013
Holdings as of September 30, 2013 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 68 US equity positions worth $1.1bn in its Q3 2013 13F filing. The largest position was Actuant Corporation at 8.4% of the reported book, followed by Corporate Executive Board and Colfax Corporation. Against the Q2 2013 filing, it opened 1 new position, added to 14 and reduced 14 among the top 50 holdings.
What did Bares Capital Management own in Q3 2013? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2013 |
|---|---|---|---|---|---|---|---|
| 1 | Actuant Corporation | 8.4% | $90.2m | 2,322,340 | -0% | held | |
| 2 | Corporate Executive Board | 8.0% | $86.1m | 1,186,659 | -0% | held | |
| 3 | Colfax Corporation | 7.4% | $79.0m | 1,398,792 | -5% | reduced | |
| 4 | MIDD The Middleby Corporation | Industrials | 6.6% | $70.8m | 339,150 | -3% | reduced |
| 5 | APEI American Public Education | Consumer Defensive | 6.3% | $67.1m | 1,775,604 | -34% | reduced |
| 6 | XPO XPO Logistics Inc | Industrials | 6.1% | $65.3m | 3,015,029 | 63% | added |
| 7 | MASI* Masimo Corporation | 5.9% | $63.7m | 2,390,406 | -21% | reduced | |
| 8 | INTL FCStone Inc | 5.8% | $61.9m | 3,029,210 | -4% | reduced | |
| 9 | WINA Winmark Corp | Consumer Cyclical | 5.7% | $61.6m | 836,080 | -0% | held |
| 10 | POST Post Holdings Inc | Consumer Defensive | 5.7% | $61.0m | 1,510,543 | 141% | added |
| 11 | RealD Inc | 5.2% | $55.7m | 7,960,011 | 35% | added | |
| 12 | Interactive Intelligence | 4.9% | $52.9m | 834,165 | -50% | reduced | |
| 13 | HEI/A Heico CP CL A | 3.9% | $42.2m | 842,584 | -0% | held | |
| 14 | Female Health Co | 3.8% | $40.9m | 4,146,219 | 1% | added | |
| 15 | Americas Car Mart Inc | 2.5% | $27.2m | 603,025 | – | new | |
| 16 | TZOO Travelzoo Inc | 2.5% | $26.8m | 1,009,552 | -1% | reduced | |
| 17 | UTMD Utah Medical Products | 2.3% | $25.1m | 421,842 | -0% | held | |
| 18 | Cherokee Inc | 1.3% | $13.6m | 1,048,660 | 9% | added | |
| 19 | TLF Tandy Leather Factory Inc | 1.2% | $12.8m | 1,631,829 | -0% | held | |
| 20 | Hallmark Financial Servic | 1.2% | $12.5m | 1,410,438 | -17% | reduced | |
| 21 | OFLX Omega Flex Inc | Industrials | 1.0% | $10.3m | 547,009 | 0% | held |
| 22 | Reis Inc | 0.8% | $8.2m | 508,880 | 145% | added | |
| 23 | COP ConocoPhillips | Energy | 0.2% | $2.1m | 30,000 | 0% | held |
| 24 | Berkshire Hathaway Inc B | 0.2% | $1.9m | 16,896 | -6% | reduced | |
| 25 | VWO Vanguard Emerging Markets | 0.2% | $1.9m | 46,798 | 85% | added | |
| 26 | Brookfield Asset Manageme | 0.2% | $1.8m | 48,089 | 2% | added | |
| 27 | Berkshire Hathaway Inc A | 0.1% | $1.5m | 9 | 0% | held | |
| 28 | MORN Morningstar Inc | Financial Services | 0.1% | $1.5m | 19,315 | -89% | reduced |
| 29 | GLRE Greenlight Capital Re Lt | Financial Services | 0.1% | $1.3m | 44,616 | -0% | held |
| 30 | EXPD Expeditors International | Industrials | 0.1% | $1.2m | 28,214 | -1% | reduced |
| 31 | OXY Occidental Petroleum | Energy | 0.1% | $1.1m | 12,000 | 0% | held |
| 32 | Ultra Petroleum Corp | 0.1% | $1.1m | 53,948 | 13% | added | |
| 33 | Brookfield Property Partn | 0.1% | $1.1m | 56,697 | 4% | added | |
| 34 | CSWC Capital Southwest Corpora | 0.1% | $1.1m | 31,556 | 300% | added | |
| 35 | VCSH Vanguard ST Corp Bond ETF | 0.1% | $1.0m | 12,747 | -1% | reduced | |
| 36 | Pizza Inn Holdings | 0.1% | $987.0k | 126,530 | 0% | held | |
| 37 | SPDR Lehman Intl Treasury | 0.1% | $944.0k | 16,178 | -4% | reduced | |
| 38 | Vanguard Value ETF | 0.1% | $934.0k | 13,383 | -3% | reduced | |
| 39 | Alleghany Corp | 0.1% | $886.0k | 2,164 | 5% | added | |
| 40 | Leucadia National Corp | 0.1% | $884.0k | 32,436 | 61% | added | |
| 41 | PSX Phillips 66 Common Stock | Energy | 0.1% | $867.0k | 15,000 | 0% | held |
| 42 | WY Weyehaeuser Company | Real Estate | 0.1% | $854.0k | 29,838 | -0% | held |
| 43 | White Mountains Insurance | 0.1% | $832.0k | 1,465 | 2% | added | |
| 44 | MSFT Microsoft Corp | Technology | 0.1% | $794.0k | 23,869 | -0% | held |
| 45 | Kinder Morgan Energy LP | 0.1% | $766.0k | 9,600 | 0% | held | |
| 46 | VGK Vanguard European VIPER | 0.1% | $758.0k | 13,917 | 0% | held | |
| 47 | XEL XCEL Energy Inc | Utilities | 0.1% | $718.0k | 26,000 | 0% | held |
| 48 | Automatic Data Processing | 0.1% | $705.0k | 9,744 | 0% | held | |
| 49 | ZBH Zimmer Holdings Inc | Healthcare | 0.1% | $702.0k | 8,551 | 0% | held |
| 50 | American Express Company | 0.1% | $682.0k | 9,107 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.