Bares Capital Management 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 11 US equity positions worth $1.1bn in its Q4 2024 13F filing. The largest position was PEGA at 19.8% of the reported book, followed by XYZ and IBKR. Against the Q3 2024 filing, it opened 0 new positions, added to 2 and reduced 8 among the top 11 holdings.
What did Bares Capital Management own in Q4 2024? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | PEGA Pegasystems Inc | Technology | 19.8% | $220.4m | 2,364,949 | -11% | reduced |
| 2 | XYZ Block Inc | Technology | 19.8% | $220.0m | 2,588,616 | -12% | reduced |
| 3 | IBKR Interactive Brokers Group Inc | Financial Services | 15.1% | $168.1m | 951,647 | -15% | reduced |
| 4 | WDAY Workday Inc. | Technology | 14.5% | $160.9m | 623,585 | -4% | reduced |
| 5 | ALGN Align Technology Inc. | Healthcare | 9.6% | $107.0m | 513,125 | 1% | added |
| 6 | ETSY Etsy Inc | Consumer Cyclical | 9.0% | $100.0m | 1,891,645 | -2% | reduced |
| 7 | CSGP CoStar Group | Real Estate | 4.2% | $46.5m | 649,205 | 0% | held |
| 8 | W Wayfair Inc | Consumer Cyclical | 3.9% | $42.9m | 968,349 | -2% | reduced |
| 9 | VEEV Veeva Systems Inc. | Healthcare | 2.5% | $27.4m | 130,230 | 7% | added |
| 10 | TWLO Twilio Inc. | Technology | 1.5% | $17.2m | 159,045 | -26% | reduced |
| 11 | Despegar.com Corp | 0.0% | $489.8k | 25,443 | -96% | 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.