Bares Capital Management’s Vanguard Mortgage-Backed Securities ETF VMBS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-4,167	Closed	-$221K	–	42
2014 Q4	$221K	Sell	4,167 -29	-0.7%	-$1.54K	0.03%	49
2014 Q3	$221K	Sell	4,196 -1,520	-27%	-$79.8K	0.03%	51
2014 Q2	$301K	Sell	5,716 -839	-13%	-$43.8K	0.02%	60
2014 Q1	$339K	Sell	6,555 -639	-9%	-$33K	0.03%	62
2013 Q4	$367K	Sell	7,194 -10	-0.1%	-$514	0.03%	58
2013 Q3	$371K	Sell	7,204 -302	-4%	-$15.4K	0.03%	60
2013 Q2	$383K	Buy	+7,506	New	+$390K	0.04%	60

Other funds holding VMBS

AUIM

Aegon USA Investment Management Cedar Rapids, Iowa $140M AUM 12.2% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

LNC

Lincoln National Corp Radnor, Pennsylvania $3.91B AUM 14.77% 1-Year Est. Return

WBI Investments Red Bank, New Jersey $403M AUM 42.23% 1-Year Est. Return

AssetMark Inc Concord, California $58.2B AUM 22.78% 1-Year Est. Return

RFS

Rockefeller Financial Services New York $6.34B AUM 27.35% 1-Year Est. Return

CSIA

Charles Schwab Investment Advisory San Francisco, California $72.8B AUM 10.03% 1-Year Est. Return

PAS

Park Avenue Securities New York $16B AUM 26.77% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $44.6B AUM 28.94% 1-Year Est. Return

Bares Capital Management's VMBS Position: Q1 2015 in Review

Bares Capital Management sold out of Vanguard Mortgage-Backed Securities ETF (VMBS) in Q1 2015, closing a stake of 4,167 shares — an estimated $221K sold.

Bares Capital Management first reported a position in VMBS in Q2 2013 and held it in 7 quarters. The position peaked at $383K in Q2 2013. 84 funds tracked by Wall St. Rank hold VMBS as of Q1 2015.

Bares Capital Management reported no remaining Vanguard Mortgage-Backed Securities ETF position as of Q1 2015 after selling out during the quarter.
Bares Capital Management sold 4,167 Vanguard Mortgage-Backed Securities ETF shares in Q1 2015, an estimated $221K.
Bares Capital Management first reported a position in Vanguard Mortgage-Backed Securities ETF in Q2 2013 and held it in 7 quarters.
Bares Capital Management's Vanguard Mortgage-Backed Securities ETF position peaked at $383K in Q2 2013.
84 funds tracked by Wall St. Rank held Vanguard Mortgage-Backed Securities ETF as of Q1 2015.

Based on Bares Capital Management's 13F filing for Q1 2015, filed 15 May 2015.