Bares Capital Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 32 US equity positions worth $2.5bn in its Q4 2023 13F filing. The largest position was WDAY at 14.6% of the reported book, followed by XYZ and ETSY. Against the Q3 2023 filing, it opened 0 new positions, added to 16 and reduced 11 among the top 32 holdings.
What did Bares Capital Management own in Q4 2023? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | WDAY Workday Inc. | Technology | 14.6% | $372.3m | 1,348,467 | -18% | reduced |
| 2 | XYZ Block Inc | Technology | 13.6% | $347.1m | 4,487,251 | 2% | added |
| 3 | ETSY Etsy Inc | Consumer Cyclical | 13.0% | $330.7m | 4,080,338 | 1% | added |
| 4 | PEGA Pegasystems Inc | Technology | 11.2% | $286.4m | 5,862,346 | 2% | added |
| 5 | IBKR Interactive Brokers Group Inc | Financial Services | 8.3% | $211.0m | 2,545,588 | -1% | reduced |
| 6 | CSGP CoStar Group | Real Estate | 6.8% | $172.6m | 1,975,195 | -4% | reduced |
| 7 | ALGN Align Technology Inc. | Healthcare | 6.1% | $155.6m | 567,710 | 23% | added |
| 8 | W Wayfair Inc | Consumer Cyclical | 5.4% | $137.3m | 2,224,907 | -2% | reduced |
| 9 | Alteryx Inc | 4.6% | $117.2m | 2,484,321 | 5% | added | |
| 10 | ALRM Alarm.com Holdings Inc. | Technology | 1.7% | $43.0m | 665,134 | -0% | held |
| 11 | XPEL XPEL Inc. | 1.5% | $39.1m | 726,082 | 13% | added | |
| 12 | TWLO Twilio Inc. | Technology | 1.3% | $32.5m | 428,730 | 29% | added |
| 13 | CMPR Cimpress NV | Industrials | 0.8% | $20.9m | 260,623 | -6% | reduced |
| 14 | Triumph Financial Inc | 0.8% | $20.5m | 256,235 | 11% | added | |
| 15 | GWRE Guidewire Software Inc. | Technology | 0.8% | $20.1m | 184,664 | -9% | reduced |
| 16 | FC FRANKLIN COVEY CO COM | Consumer Defensive | 0.8% | $19.9m | 458,091 | 11% | added |
| 17 | Despegar.com Corp | 0.8% | $19.7m | 2,079,163 | -9% | reduced | |
| 18 | SSTI Soundthinking Inc | Technology | 0.7% | $18.9m | 739,213 | 11% | added |
| 19 | AGYS AGILYSYS INC COM | Technology | 0.7% | $17.8m | 210,000 | -24% | reduced |
| 20 | ONTO Onto Innovation Inc. | Technology | 0.7% | $17.1m | 112,000 | 0% | held |
| 21 | UPWK Upwork Inc | Communication Services | 0.7% | $16.8m | 1,130,000 | -23% | reduced |
| 22 | ESI Element Solutions Inc. | Basic Materials | 0.6% | $16.0m | 692,772 | -0% | held |
| 23 | Model N Inc | 0.6% | $15.2m | 565,000 | 64% | added | |
| 24 | ATRO Astronics Corporation | Industrials | 0.6% | $14.2m | 814,692 | 13% | added |
| 25 | EVTC Evertec Inc | Technology | 0.5% | $13.9m | 340,000 | 0% | held |
| 26 | PD Pagerduty Inc | Technology | 0.5% | $13.5m | 584,970 | -16% | reduced |
| 27 | IRMD IRADIMED CORP | Healthcare | 0.5% | $13.1m | 277,000 | 0% | held |
| 28 | SNEX StoneX Group Inc | Financial Services | 0.5% | $12.2m | 165,000 | 4% | added |
| 29 | Zuora Inc | 0.5% | $11.6m | 1,235,000 | 54% | added | |
| 30 | WideOpenWest Inc | 0.4% | $10.7m | 2,630,434 | 14% | added | |
| 31 | TDUP ThredUp Inc - Ordinary Shares - Class A | Consumer Cyclical | 0.3% | $7.2m | 3,186,579 | 6% | added |
| 32 | HCAT Health Catalyst Inc | Healthcare | 0.2% | $4.2m | 450,000 | -36% | 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.