Bares Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 22 US equity positions worth $3.6bn in its Q3 2018 13F filing. The largest position was IT at 9.7% of the reported book, followed by IBKR and FAST. Against the Q2 2018 filing, it opened 0 new positions, added to 19 and reduced 3 among the top 22 holdings.
What did Bares Capital Management own in Q3 2018? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | IT Gartner Inc. | Technology | 9.7% | $347.1m | 2,189,892 | 34% | added |
| 2 | IBKR Interactive Brokers Group Inc | Financial Services | 9.1% | $324.0m | 5,858,183 | 16% | added |
| 3 | FAST Fastenal Company | Industrials | 7.4% | $264.5m | 4,559,271 | 17% | added |
| 4 | TRIP TripAdvisor, Inc | Consumer Cyclical | 7.3% | $260.3m | 5,097,888 | 16% | added |
| 5 | WDAY Workday, Inc. | Technology | 7.2% | $258.2m | 1,769,040 | 54601% | added |
| 6 | MIDD Middleby Corp | Industrials | 7.1% | $251.7m | 1,946,189 | 25% | added |
| 7 | CSGP CoStar Group | Real Estate | 6.7% | $237.6m | 564,648 | -10% | reduced |
| 8 | Platform Specialty Products Co | 6.6% | $234.6m | 18,809,899 | 5% | added | |
| 9 | National Instruments Corp. | 5.9% | $209.0m | 4,324,445 | 16% | added | |
| 10 | ALRM Alarm.com Holdings, Inc. | Technology | 5.7% | $204.3m | 3,559,626 | 5% | added |
| 11 | UA Under Armour INC CL C | Consumer Cyclical | 5.5% | $197.7m | 10,159,533 | 19% | added |
| 12 | BOX Box, Inc | Technology | 5.1% | $180.5m | 7,547,976 | 5% | added |
| 13 | WAT Waters Corporation | Healthcare | 4.9% | $175.1m | 899,589 | 15% | added |
| 14 | Colfax Corporation | 3.0% | $108.8m | 3,017,270 | -4% | reduced | |
| 15 | PZZA Papa John's International Inc. | Consumer Cyclical | 2.4% | $85.5m | 1,667,783 | 20% | added |
| 16 | SCOR comScore, Inc. | Technology | 1.8% | $64.1m | 3,517,355 | 12% | added |
| 17 | ELF Elf Beauty Inc | Consumer Defensive | 1.0% | $37.4m | 2,935,865 | 35% | added |
| 18 | XYZ Square Inc | Technology | 1.0% | $36.8m | 371,448 | 6278% | added |
| 19 | GWRE Guidewire Software, Inc. | Technology | 0.7% | $26.7m | 264,387 | 6366% | added |
| 20 | AKX Ansys, Inc. | 0.7% | $24.4m | 130,503 | -88% | reduced | |
| 21 | TYL Tyler Technologies, Inc. | Technology | 0.7% | $24.1m | 98,393 | 6100% | added |
| 22 | Athenahealth, Inc. | 0.4% | $15.2m | 113,988 | 6035% | 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.