We are live on ! Find out more
BCM

Bares Capital Management Portfolio holdings

AUM $1.08B
1-Year Est. Return 38.13%
This Fund
S&P 500
This Quarter Est. Return
-10.39%
1 Year Est. Return
+38.13%
3 Year Est. Return
+137.82%
5 Year Est. Return
+31.6%
10 Year Est. Return
+374.72%
AUM
$819M
AUM Growth
-$401M
Cap. Flow
-$284M
Cap. Flow %
-34.64%
Top 10 Hldgs %
90.93%
Holding
66
New
3
Increased
13
Reduced
24
Closed
14

Top Buys

Rank Stock Value
1
ININ
Interactive Intelligence Group, inc.
ININ
+$62.9M
2
PZZA icon
Papa John's
PZZA
+$34M
3
HEI.A icon
HEICO Corp Class A
HEI.A
+$19M
4
ENOV icon
Enovis
ENOV
+$9.76M
5
SPE
Special Opportunities Fund
SPE
+$1.22M

Top Sells

Rank Stock Value
1
POST icon
Post Holdings
POST
+$98.9M
2
XPO icon
XPO
XPO
+$92.2M
3
SNEX icon
StoneX
SNEX
+$35.7M
4
WINA icon
Winmark
WINA
+$34.7M
5
GHM icon
Graham Corp
GHM
+$20.4M

Sector Composition

Rank Sector Weight
1 Industrials 48.69%
2 Healthcare 12.19%
3 Consumer Discretionary 10.21%
4 Real Estate 9.5%
5 Materials 8.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EPAC icon
1
Enerpac Tool Group
EPAC
$1.86B
$107M 13.05%
3,500,556
-6,430
-0.2% -$213K
ENOV icon
2
Enovis
ENOV
$1.74B
$98.2M 12%
1,001,331
+86,892
+10% +$9.76M
MIDD icon
3
Middleby
MIDD
$6.01B
$90.1M 11.01%
1,022,890
-35,180
-3% -$2.91M
HEI.A icon
4
HEICO Corp Class A
HEI.A
$36B
$76.4M 9.33%
3,703,010
+897,012
+32% +$19M
RLD
5
DELISTED
REALD INC COM STK
RLD
$74.7M 9.12%
7,969,080
-194,378
-2% -$1.96M
ESI icon
6
Element Solutions
ESI
$8.48B
$65.7M 8.03%
2,627,380
-135,905
-5% -$3.59M
ECOL
7
DELISTED
US Ecology, Inc.
ECOL
$63.6M 7.77%
1,360,337
-3,656
-0.3% -$168K
ININ
8
DELISTED
Interactive Intelligence Group, inc.
ININ
$60.1M 7.34%
1,437,220
+1,400,014
+3,763% +$62.9M
CEB
9
DELISTED
CEB Inc.
CEB
$59M 7.21%
981,791
-299,727
-23% -$19.6M
CRMT icon
10
America's Car Mart
CRMT
$25.9M
$49.6M 6.06%
1,253,425
-872
-0.1% -$34.8K
PZZA icon
11
Papa John's
PZZA
$1.01B
$33.2M 4.05%
+829,791
New +$34M
BN icon
12
Brookfield
BN
$102B
$2.46M 0.3%
233,473
+25,778
+12% +$277K
VWO icon
13
Vanguard FTSE Emerging Markets ETF
VWO
$117B
$2.44M 0.3%
58,493
+3,942
+7% +$175K
COP icon
14
ConocoPhillips
COP
$144B
$2.3M 0.28%
30,000
– –
BRK.B icon
15
Berkshire Hathaway Class B
BRK.B
$1.1T
$2.02M 0.25%
14,625
-1,887
-11% -$251K
BRK.A icon
16
Berkshire Hathaway Class A
BRK.A
$1.1T
$1.86M 0.23%
9
– –
BPY
17
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
$1.72M 0.21%
81,521
+6,835
+9% +$144K
WTM icon
18
White Mountains Insurance
WTM
$5.33B
$1.58M 0.19%
2,503
+577
+30% +$360K
POST icon
19
Post Holdings
POST
$4.42B
$1.46M 0.18%
67,293
-3,704,874
-98% -$98.9M
EXPD icon
20
Expeditors International
EXPD
$22.3B
$1.43M 0.17%
35,248
+7,280
+26% +$310K
CSWC icon
21
Capital Southwest
CSWC
$1.47B
$1.35M 0.17%
103,218
+19,362
+23% +$264K
PSX icon
22
Phillips 66
PSX
$82.9B
$1.22M 0.15%
15,000
– –
SPE
23
Special Opportunities Fund
SPE
$139M
$1.21M 0.15%
+75,771
New +$1.22M
GLRE icon
24
Greenlight Captial
GLRE
$579M
$1.19M 0.15%
36,650
-884
-2% -$29.7K
OXY icon
25
Occidental Petroleum
OXY
$55.7B
$1.15M 0.14%
12,525
– –
1
2 3

Similar funds

SAM
Shell Asset Management The Hague, Netherlands $996M AUM 26.19% 1-Year Est. Return
BA
Bristlecone Advisors Bellevue, Washington $1.2B AUM 19.79% 1-Year Est. Return
WCWM
Willow Creek Wealth Management Sebastopol, California $1.21B AUM 7.45% 1-Year Est. Return
BFS
Bard Financial Services Branford, Connecticut $911M AUM 19.14% 1-Year Est. Return
IAM
Ion Asset Management Herzliya, Israel $911M AUM 24.97% 1-Year Est. Return
NSEDCP
NJ State Employees Deferred Compensation Plan Trenton, New Jersey $906M AUM 24.85% 1-Year Est. Return
P
Pitcairn Conshohocken, Pennsylvania $1.27B AUM 23.64% 1-Year Est. Return
SFI
SPC Financial Inc Rockville, Maryland $1.28B AUM 12.6% 1-Year Est. Return

Bares Capital Management's Q3 2014 Portfolio in Review

As of Q3 2014, Bares Capital Management held 66 positions worth $819M, down 33% from $1.22B the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Bares Capital Management withdrew a net $284M in Q3 2014, closing 14 positions and reducing 24 holdings. Its most notable exit was XPO, an estimated $92.2M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 49% of assets, up from 46% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Bares Capital Management opened a new position in Papa John's worth $33.2M.

  • Bares Capital Management's largest Q3 2014 buy was Papa John's: 829,791 shares worth $33.2M.
  • Bares Capital Management added most to Interactive Intelligence Group, inc. in Q3 2014, an estimated $62.9M increase.
  • Bares Capital Management's biggest Q3 2014 reduction was Post Holdings, cutting an estimated $98.9M.
  • Bares Capital Management fully exited XPO in Q3 2014, selling an estimated $92.2M.
  • Bares Capital Management's ten largest holdings make up 91% of its $819M portfolio in Q3 2014.
  • Bares Capital Management opened 3 new positions and closed 14 in Q3 2014.
  • Bares Capital Management's portfolio value fell 33% quarter-over-quarter to $819M.

Based on Bares Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.