Bares Capital Management 13F holdings, Q3 2024
Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 22 US equity positions worth $1.1bn in its Q3 2024 13F filing. The largest position was XYZ at 18.0% of the reported book, followed by PEGA and WDAY. Against the Q2 2024 filing, it opened 2 new positions, added to 1 and reduced 19 among the top 22 holdings.
What did Bares Capital Management own in Q3 2024? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2024 |
|---|---|---|---|---|---|---|---|
| 1 | XYZ Block Inc | Technology | 18.0% | $198.3m | 2,953,234 | -26% | reduced |
| 2 | PEGA Pegasystems Inc | Technology | 17.7% | $194.1m | 2,655,352 | -51% | reduced |
| 3 | WDAY Workday Inc. | Technology | 14.5% | $159.4m | 652,132 | -44% | reduced |
| 4 | IBKR Interactive Brokers Group Inc | Financial Services | 14.2% | $155.6m | 1,116,524 | -56% | reduced |
| 5 | ALGN Align Technology Inc. | Healthcare | 11.7% | $128.7m | 505,888 | -34% | reduced |
| 6 | ETSY Etsy Inc | Consumer Cyclical | 9.7% | $106.7m | 1,922,119 | -50% | reduced |
| 7 | W Wayfair Inc | Consumer Cyclical | 5.0% | $55.3m | 983,522 | -30% | reduced |
| 8 | CSGP CoStar Group | Real Estate | 4.5% | $48.9m | 648,467 | -53% | reduced |
| 9 | VEEV Veeva Systems Inc. | Healthcare | 2.3% | $25.6m | 121,830 | 4% | added |
| 10 | TWLO Twilio Inc. | Technology | 1.3% | $14.0m | 214,135 | -1% | reduced |
| 11 | Despegar.com Corp | 0.7% | $7.2m | 583,447 | -50% | reduced | |
| 12 | ALRM Alarm.com Holdings Inc. | Technology | 0.1% | $710.6k | 12,998 | -98% | reduced |
| 13 | XPEL XPEL Inc. | 0.1% | $653.6k | 15,070 | -98% | reduced | |
| 14 | FC FRANKLIN COVEY CO COM | Consumer Defensive | 0.0% | $496.1k | 12,061 | -97% | reduced |
| 15 | ATRO Astronics Corporation | Industrials | 0.0% | $484.1k | 24,851 | -97% | reduced |
| 16 | ESI Element Solutions Inc. | Basic Materials | 0.0% | $445.1k | 16,389 | -97% | reduced |
| 17 | WideOpenWest Inc | 0.0% | $423.8k | 80,729 | -98% | reduced | |
| 18 | CMPR Cimpress NV | Industrials | 0.0% | $412.1k | 5,031 | -97% | reduced |
| 19 | Triumph Financial Inc | 0.0% | $378.5k | 4,759 | -98% | reduced | |
| 20 | PZZA Papa John`s International Inc. | Consumer Cyclical | 0.0% | $363.5k | 6,747 | – | new |
| 21 | IIIV i3 Verticals Inc. Class A | 0.0% | $333.6k | 15,655 | – | new | |
| 22 | PD Pagerduty Inc | Technology | 0.0% | $254.3k | 13,709 | -97% | 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.