Bares Capital Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 17 US equity positions worth $2.6bn in its Q1 2018 13F filing. The largest position was IBKR at 12.5% of the reported book, followed by CSGP and FAST. Against the Q4 2017 filing, it opened 1 new position, added to 6 and reduced 2 among the top 17 holdings.
What did Bares Capital Management own in Q1 2018? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | IBKR Interactive Brokers Group Inc | Financial Services | 12.5% | $326.2m | 4,852,017 | 0% | held |
| 2 | CSGP CoStar Group | Real Estate | 8.6% | $225.8m | 622,557 | 0% | held |
| 3 | FAST Fastenal Company | Industrials | 7.8% | $204.2m | 3,740,893 | 0% | held |
| 4 | IT Gartner Inc. | Technology | 7.1% | $186.7m | 1,587,571 | 24% | added |
| 5 | National Instruments Corp. | 6.9% | $179.2m | 3,543,046 | 0% | held | |
| 6 | TRIP TripAdvisor, Inc | Consumer Cyclical | 6.6% | $173.4m | 4,240,302 | – | new |
| 7 | Platform Specialty Products Co | 6.6% | $172.4m | 17,897,653 | 8% | added | |
| 8 | AKX Ansys, Inc. | 6.4% | $167.7m | 1,070,534 | 0% | held | |
| 9 | FDS FactSet Research Systems inc. | Financial Services | 5.8% | $151.8m | 761,077 | 0% | held |
| 10 | BOX Box, Inc | Technology | 5.7% | $149.5m | 7,272,749 | 18% | added |
| 11 | WAT Waters Corporation | Healthcare | 5.7% | $148.4m | 747,260 | 0% | held |
| 12 | ALRM Alarm.com Holdings, Inc. | Technology | 4.9% | $129.0m | 3,416,891 | 28% | added |
| 13 | UA UNDER ARMOUR INC CL C | Consumer Cyclical | 4.6% | $119.0m | 8,290,316 | 0% | held |
| 14 | Colfax Corporation | 3.9% | $102.0m | 3,196,676 | -11% | reduced | |
| 15 | TWLO Twilio Inc. | Technology | 2.8% | $73.8m | 1,932,511 | -15% | reduced |
| 16 | SCOR comScore, Inc. | Technology | 2.3% | $60.5m | 2,512,285 | 5% | added |
| 17 | ELF Elf Beauty Inc | Consumer Defensive | 1.6% | $42.3m | 2,184,372 | 7% | added |
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.