Bares Capital Management 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 26 US equity positions worth $5.3bn in its Q1 2021 13F filing. The largest position was XYZ at 21.0% of the reported book, followed by W and WDAY. Against the Q4 2020 filing, it opened 1 new position, added to 7 and reduced 16 among the top 26 holdings.
What did Bares Capital Management own in Q1 2021? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | XYZ Square Inc | Technology | 21.0% | $1.1bn | 4,943,377 | -7% | reduced |
| 2 | W Wayfair Inc | Consumer Cyclical | 15.2% | $814.6m | 2,587,948 | 0% | held |
| 3 | WDAY Workday, Inc. | Technology | 12.5% | $671.0m | 2,700,830 | -1% | reduced |
| 4 | PEGA Pegasystems Inc | Technology | 11.0% | $588.2m | 5,144,720 | -1% | reduced |
| 5 | ALGN Align Technology Inc. | Healthcare | 7.8% | $416.9m | 769,911 | -4% | reduced |
| 6 | IBKR Interactive Brokers Group Inc | Financial Services | 7.4% | $397.3m | 5,439,955 | -1% | reduced |
| 7 | RDFN Redfin Corp | 6.4% | $341.6m | 5,130,215 | – | new | |
| 8 | Alteryx Inc | 6.0% | $322.3m | 3,884,949 | 16% | added | |
| 9 | CSGP CoStar Group | Real Estate | 5.1% | $275.1m | 334,758 | -3% | reduced |
| 10 | IT Gartner Inc. | Technology | 1.0% | $53.4m | 292,270 | -88% | reduced |
| 11 | MIDD Middleby Corp | Industrials | 0.7% | $39.5m | 238,020 | -26% | reduced |
| 12 | National Instruments Corp. | 0.7% | $36.9m | 853,602 | 0% | held | |
| 13 | GWRE Guidewire Software, Inc. | Technology | 0.6% | $34.4m | 338,215 | -8% | reduced |
| 14 | TWLO Twilio Inc. | Technology | 0.6% | $32.5m | 95,322 | -32% | reduced |
| 15 | FTCHQ Farfetch Ltd | Consumer Cyclical | 0.6% | $30.9m | 582,296 | -32% | reduced |
| 16 | ALRM Alarm.com Holdings, Inc. | Technology | 0.5% | $26.1m | 302,234 | -14% | reduced |
| 17 | SFIX Stitch Fix | Consumer Cyclical | 0.5% | $25.5m | 514,796 | 10% | added |
| 18 | PD Pagerduty Inc | Technology | 0.4% | $24.0m | 596,881 | -9% | reduced |
| 19 | ESI Element Solutions Inc. | Basic Materials | 0.4% | $20.7m | 1,131,910 | -9% | reduced |
| 20 | Mimecast Limited | 0.3% | $17.4m | 432,027 | 47% | added | |
| 21 | BOX Box, Inc | Technology | 0.3% | $14.5m | 630,768 | -36% | reduced |
| 22 | CMPR Cimpress NV | Industrials | 0.2% | $12.7m | 127,055 | 24% | added |
| 23 | Zuora Inc | 0.2% | $9.4m | 632,677 | 90% | added | |
| 24 | Despegar.com Corp | 0.2% | $9.2m | 675,045 | 12% | added | |
| 25 | ATRO Astronics Corporation | Industrials | 0.1% | $6.4m | 353,445 | 73% | added |
| 26 | PZZA Papa John's International Inc. | Consumer Cyclical | 0.1% | $5.7m | 64,193 | -12% | reduced |
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.