Bares Capital Management 13F holdings, Q2 2024
Holdings as of June 30, 2024 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 29 US equity positions worth $2.1bn in its Q2 2024 13F filing. The largest position was PEGA at 15.9% of the reported book, followed by IBKR and WDAY. Against the Q1 2024 filing, it opened 0 new positions, added to 10 and reduced 16 among the top 29 holdings.
What did Bares Capital Management own in Q2 2024? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2024 |
|---|---|---|---|---|---|---|---|
| 1 | PEGA Pegasystems Inc | Technology | 15.9% | $329.8m | 5,447,866 | -2% | reduced |
| 2 | IBKR Interactive Brokers Group Inc | Financial Services | 14.9% | $310.5m | 2,532,665 | -10% | reduced |
| 3 | WDAY Workday Inc. | Technology | 12.4% | $258.4m | 1,155,675 | 3% | added |
| 4 | XYZ Block Inc | Technology | 12.3% | $255.8m | 3,966,279 | -0% | held |
| 5 | ETSY Etsy Inc | Consumer Cyclical | 10.9% | $226.1m | 3,833,881 | -1% | reduced |
| 6 | ALGN Align Technology Inc. | Healthcare | 9.0% | $186.2m | 771,193 | -6% | reduced |
| 7 | CSGP CoStar Group | Real Estate | 4.9% | $102.5m | 1,382,835 | -12% | reduced |
| 8 | W Wayfair Inc | Consumer Cyclical | 3.6% | $74.1m | 1,405,582 | -23% | reduced |
| 9 | ALRM Alarm.com Holdings Inc. | Technology | 1.8% | $36.5m | 573,911 | -3% | reduced |
| 10 | XPEL XPEL Inc. | 1.2% | $24.0m | 676,082 | -7% | reduced | |
| 11 | VEEV Veeva Systems Inc. | Healthcare | 1.0% | $21.3m | 116,599 | 7% | added |
| 12 | Triumph Financial Inc | 1.0% | $20.9m | 256,235 | 0% | held | |
| 13 | Zuora Inc | 0.9% | $19.3m | 1,940,000 | 11% | added | |
| 14 | ATRO Astronics Corporation | Industrials | 0.9% | $18.1m | 904,351 | 1% | added |
| 15 | FC FRANKLIN COVEY CO COM | Consumer Defensive | 0.9% | $17.7m | 466,661 | 1% | added |
| 16 | WideOpenWest Inc | 0.8% | $17.5m | 3,237,870 | 2% | added | |
| 17 | ESI Element Solutions Inc. | Basic Materials | 0.8% | $17.4m | 641,389 | -7% | reduced |
| 18 | AGYS AGILYSYS INC COM | Technology | 0.8% | $16.7m | 160,000 | -11% | reduced |
| 19 | Despegar.com Corp | 0.7% | $15.5m | 1,174,447 | -32% | reduced | |
| 20 | CMPR Cimpress NV | Industrials | 0.7% | $15.4m | 176,031 | -22% | reduced |
| 21 | UPWK Upwork Inc | Communication Services | 0.7% | $15.3m | 1,425,000 | 33% | added |
| 22 | IRMD IRADIMED CORP | Healthcare | 0.6% | $12.5m | 283,600 | 2% | added |
| 23 | TWLO Twilio Inc. | Technology | 0.6% | $12.3m | 216,135 | -16% | reduced |
| 24 | PD Pagerduty Inc | Technology | 0.6% | $11.9m | 519,286 | 0% | held |
| 25 | SNEX StoneX Group Inc | Financial Services | 0.5% | $10.7m | 142,500 | 27% | added |
| 26 | EVTC Evertec Inc | Technology | 0.5% | $9.5m | 285,000 | -12% | reduced |
| 27 | ONTO Onto Innovation Inc. | Technology | 0.4% | $8.8m | 40,000 | -49% | reduced |
| 28 | SSTI Soundthinking Inc | Technology | 0.3% | $7.3m | 595,466 | -23% | reduced |
| 29 | TDUP ThredUp Inc - Ordinary Shares - Class A | Consumer Cyclical | 0.3% | $7.2m | 4,250,000 | 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.