Bares Capital Management’s Hallmark Financial Services, Inc. HALL Stock Holding History

Bares Capital Management’s Portfolio HALL Stock Details HALL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-7,584	Closed	-$630K	–	68
2014 Q1	$630K	Sell	7,584 -77,948	-91%	-$6.82M	0.05%	54
2013 Q4	$7.6M	Sell	85,532 -55,512	-39%	-$4.93M	0.66%	22
2013 Q3	$12.5M	Sell	141,044 -28,680	-17%	-$2.6M	1.17%	20
2013 Q2	$15.5M	Buy	+169,724	New	+$15.3M	1.52%	17

Other funds holding HALL

Killen Group Berwyn, Pennsylvania $866M AUM 0.25% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

CSC

Cove Street Capital El Segundo, California $76.6M AUM 36% 1-Year Est. Return

SCA

STALEY CAPITAL ADVISERS Pittsburgh, Pennsylvania $2.36B AUM 23.72% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

FAM

Fenimore Asset Management Cobleskill, New York $4.83B AUM 9.09% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

JAM

Jupiter Asset Management London, United Kingdom $18.8B AUM 29.2% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

Bares Capital Management's HALL Position: Q2 2014 in Review

Bares Capital Management sold out of Hallmark Financial Services, Inc. (HALL) in Q2 2014, closing a stake of 7,584 shares — an estimated $630K sold.

Bares Capital Management first reported a position in HALL in Q2 2013 and held it in 4 quarters. The position peaked at $15.5M in Q2 2013. 61 funds tracked by Wall St. Rank hold HALL as of Q2 2014.

Bares Capital Management reported no remaining Hallmark Financial Services, Inc. position as of Q2 2014 after selling out during the quarter.
Bares Capital Management sold 7,584 Hallmark Financial Services, Inc. shares in Q2 2014, an estimated $630K.
Bares Capital Management first reported a position in Hallmark Financial Services, Inc. in Q2 2013 and held it in 4 quarters.
Bares Capital Management's Hallmark Financial Services, Inc. position peaked at $15.5M in Q2 2013.
61 funds tracked by Wall St. Rank held Hallmark Financial Services, Inc. as of Q2 2014.

Based on Bares Capital Management's 13F filing for Q2 2014, filed 14 Aug 2014.