Bares Capital Management 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 17 US equity positions worth $2.4bn in its Q4 2017 13F filing. The largest position was IBKR at 12.0% of the reported book, followed by FAST and CSGP. Against the Q3 2017 filing, it opened 1 new position, added to 11 and reduced 4 among the top 17 holdings.
What did Bares Capital Management own in Q4 2017? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | IBKR Interactive Brokers Group Inc | Financial Services | 12.0% | $286.7m | 4,842,582 | 6% | added |
| 2 | FAST Fastenal Company | Industrials | 8.5% | $204.2m | 3,733,384 | 2% | added |
| 3 | CSGP CoStar Group | Real Estate | 7.7% | $184.6m | 621,563 | 4% | added |
| 4 | Platform Specialty Products Co | 6.9% | $164.2m | 16,549,499 | 0% | held | |
| 5 | IT Gartner Inc. | Technology | 6.6% | $158.1m | 1,284,122 | 13% | added |
| 6 | AKX Ansys, Inc. | 6.6% | $157.7m | 1,068,507 | 2% | added | |
| 7 | National Instruments Corp. | 6.2% | $147.2m | 3,536,218 | 2% | added | |
| 8 | FDS FactSet Research Systems inc. | Financial Services | 6.1% | $146.7m | 761,077 | 13% | added |
| 9 | MKL Markel Corp. | Financial Services | 6.1% | $145.4m | 127,627 | 2% | added |
| 10 | WAT Waters Corporation | Healthcare | 6.0% | $144.1m | 745,719 | 2% | added |
| 11 | Colfax Corporation | 6.0% | $142.6m | 3,599,952 | -4% | reduced | |
| 12 | BOX Box, Inc | Technology | 5.5% | $130.7m | 6,186,716 | -3% | reduced |
| 13 | UA UNDER ARMOUR INC CL C | Consumer Cyclical | 4.6% | $110.2m | 8,272,828 | 2% | added |
| 14 | ALRM Alarm.com Holdings, Inc. | Technology | 4.2% | $100.8m | 2,669,739 | -1% | reduced |
| 15 | SCOR comScore, Inc. | Technology | 2.9% | $68.3m | 2,397,505 | -5% | reduced |
| 16 | TWLO Twilio Inc. | Technology | 2.2% | $53.7m | 2,273,877 | 21% | added |
| 17 | ELF Elf Beauty Inc | Consumer Defensive | 1.9% | $45.5m | 2,038,065 | – | new |
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.