Bares Capital Management 13F holdings, Q4 2022
Holdings as of December 31, 2022 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 38 US equity positions worth $2.6bn in its Q4 2022 13F filing. The largest position was XYZ at 15.8% of the reported book, followed by WDAY and IBKR. Against the Q3 2022 filing, it opened 0 new positions, added to 9 and reduced 21 among the top 38 holdings.
What did Bares Capital Management own in Q4 2022? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2022 |
|---|---|---|---|---|---|---|---|
| 1 | XYZ Block Inc | Technology | 15.8% | $415.2m | 6,606,774 | 0% | held |
| 2 | WDAY Workday, Inc. | Technology | 15.2% | $398.0m | 2,378,311 | -0% | held |
| 3 | IBKR Interactive Brokers Group Inc | Financial Services | 8.4% | $221.7m | 3,064,820 | -3% | reduced |
| 4 | ALGN Align Technology Inc. | Healthcare | 7.5% | $197.2m | 935,246 | 2% | added |
| 5 | PEGA Pegasystems Inc | Technology | 7.2% | $190.1m | 5,550,701 | 1% | added |
| 6 | ETSY Etsy Inc | Consumer Cyclical | 6.8% | $177.6m | 1,483,043 | -4% | reduced |
| 7 | CSGP CoStar Group | Real Estate | 6.4% | $166.8m | 2,158,448 | -4% | reduced |
| 8 | PLNT Planet Fitness Inc | Consumer Cyclical | 6.2% | $162.6m | 2,063,152 | 2% | added |
| 9 | Alteryx Inc | 4.9% | $127.9m | 2,523,265 | -14% | reduced | |
| 10 | RDFN Redfin Corp | 3.2% | $84.3m | 19,883,921 | 0% | held | |
| 11 | W Wayfair Inc | Consumer Cyclical | 3.1% | $80.8m | 2,456,699 | -14% | reduced |
| 12 | XPEL XPEL Inc. | 1.5% | $40.1m | 667,778 | -12% | reduced | |
| 13 | AGYS AGILYSYS INC COM | Technology | 1.5% | $39.9m | 504,500 | -17% | reduced |
| 14 | ALRM Alarm.com Holdings, Inc. | Technology | 1.2% | $31.7m | 640,858 | -3% | reduced |
| 15 | FTCHQ Farfetch Ltd | Consumer Cyclical | 0.8% | $21.9m | 4,620,887 | -24% | reduced |
| 16 | PD Pagerduty Inc | Technology | 0.8% | $21.1m | 792,982 | -38% | reduced |
| 17 | TWLO Twilio Inc. | Technology | 0.7% | $19.5m | 398,377 | 7% | added |
| 18 | GWRE Guidewire Software, Inc. | Technology | 0.7% | $18.2m | 290,664 | -8% | reduced |
| 19 | ESI Element Solutions Inc. | Basic Materials | 0.7% | $17.4m | 953,988 | -12% | reduced |
| 20 | National Instruments Corp. | 0.7% | $17.1m | 464,225 | -14% | reduced | |
| 21 | Model N Inc | 0.6% | $16.5m | 407,000 | -33% | reduced | |
| 22 | ATRO Astronics Corporation | Industrials | 0.6% | $15.8m | 1,538,107 | -9% | reduced |
| 23 | OLOGBX OLO Inc | 0.6% | $14.8m | 2,373,303 | -10% | reduced | |
| 24 | ONTO Onto Innovation Inc. | Technology | 0.5% | $13.8m | 202,700 | -11% | reduced |
| 25 | EVTC Evertec Inc | Technology | 0.5% | $13.1m | 405,200 | 0% | held |
| 26 | PZZA Papa John`s International Inc. | Consumer Cyclical | 0.5% | $12.5m | 151,600 | -25% | reduced |
| 27 | CMPR Cimpress NV | Industrials | 0.5% | $12.1m | 439,574 | -2% | reduced |
| 28 | WideOpenWest Inc | 0.4% | $11.5m | 1,258,000 | 66% | added | |
| 29 | Zuora Inc | 0.4% | $10.7m | 1,682,272 | -13% | reduced | |
| 30 | Despegar.com Corp | 0.4% | $10.1m | 1,969,823 | -1% | reduced | |
| 31 | FC FRANKLIN COVEY CO COM | Consumer Defensive | 0.3% | $8.0m | 170,000 | 13% | added |
| 32 | IRMD IRADIMED CORP | Healthcare | 0.3% | $7.7m | 271,300 | 21% | added |
| 33 | HESKA CORP COM RESTRC NEW | 0.3% | $6.9m | 110,500 | 0% | held | |
| 34 | INMD Inmode Ltd | Healthcare | 0.2% | $5.4m | 152,400 | 0% | held |
| 35 | UPWK Upwork Inc | Communication Services | 0.2% | $5.2m | 500,000 | 0% | held |
| 36 | HCAT Health Catalyst Inc | Healthcare | 0.2% | $4.8m | 452,400 | 0% | held |
| 37 | SNEX StoneX Group Inc | Financial Services | 0.2% | $4.7m | 49,387 | 23% | added |
| 38 | TDUP ThredUp Inc - Ordinary Shares - Class A | Consumer Cyclical | 0.2% | $3.9m | 3,010,000 | 20% | 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.