Bares Capital Management 13F holdings, Q2 2021
Holdings as of June 30, 2021 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 25 US equity positions worth $5.6bn in its Q2 2021 13F filing. The largest position was XYZ at 20.9% of the reported book, followed by W and PEGA. Against the Q1 2021 filing, it opened 2 new positions, added to 11 and reduced 11 among the top 25 holdings.
What did Bares Capital Management own in Q2 2021? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2021 |
|---|---|---|---|---|---|---|---|
| 1 | XYZ Square Inc | Technology | 20.9% | $1.2bn | 4,812,304 | -3% | reduced |
| 2 | W Wayfair Inc | Consumer Cyclical | 14.2% | $795.8m | 2,520,622 | -3% | reduced |
| 3 | PEGA Pegasystems Inc | Technology | 12.5% | $701.9m | 5,042,593 | -2% | reduced |
| 4 | WDAY Workday, Inc. | Technology | 11.1% | $625.5m | 2,620,172 | -3% | reduced |
| 5 | RDFN Redfin Corp | 9.0% | $507.0m | 7,994,900 | 56% | added | |
| 6 | ALGN Align Technology Inc. | Healthcare | 6.7% | $378.8m | 620,041 | -19% | reduced |
| 7 | Alteryx Inc | 6.7% | $377.3m | 4,386,339 | 13% | added | |
| 8 | IBKR Interactive Brokers Group Inc | Financial Services | 6.0% | $335.1m | 5,097,799 | -6% | reduced |
| 9 | CSGP CoStar Group | Real Estate | 4.7% | $263.9m | 3,186,570 | 852% | added |
| 10 | ETSY Etsy Inc | Consumer Cyclical | 1.5% | $83.8m | 407,053 | – | new |
| 11 | PLNT Planet Fitness Inc | Consumer Cyclical | 0.7% | $41.7m | 553,818 | – | new |
| 12 | GWRE Guidewire Software, Inc. | Technology | 0.7% | $37.3m | 330,715 | -2% | reduced |
| 13 | TWLO Twilio Inc. | Technology | 0.7% | $36.6m | 92,822 | -3% | reduced |
| 14 | National Instruments Corp. | 0.6% | $35.1m | 831,102 | -3% | reduced | |
| 15 | SFIX Stitch Fix | Consumer Cyclical | 0.6% | $33.3m | 552,293 | 7% | added |
| 16 | ALRM Alarm.com Holdings, Inc. | Technology | 0.5% | $30.0m | 354,100 | 17% | added |
| 17 | FTCHQ Farfetch Ltd | Consumer Cyclical | 0.5% | $29.3m | 582,296 | 0% | held |
| 18 | PD Pagerduty Inc | Technology | 0.5% | $29.2m | 686,834 | 15% | added |
| 19 | Mimecast Limited | 0.5% | $28.5m | 537,726 | 24% | added | |
| 20 | ESI Element Solutions Inc. | Basic Materials | 0.4% | $22.5m | 962,953 | -15% | reduced |
| 21 | CMPR Cimpress NV | Industrials | 0.3% | $16.8m | 155,133 | 22% | added |
| 22 | Zuora Inc | 0.2% | $12.5m | 723,838 | 14% | added | |
| 23 | Despegar.com Corp | 0.2% | $11.4m | 862,137 | 28% | added | |
| 24 | ATRO Astronics Corporation | Industrials | 0.2% | $9.9m | 564,616 | 60% | added |
| 25 | PZZA Papa John's International Inc. | Consumer Cyclical | 0.1% | $6.1m | 57,933 | -10% | 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.