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
+13.44%
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
$1.11B
AUM Growth
+$12.3M
Cap. Flow
-$107M
Cap. Flow %
-9.67%
Top 10 Hldgs %
99.96%
Holding
22
New
–
Increased
3
Reduced
8
Closed
11

Top Buys

Rank Stock Value
1
VEEV icon
Veeva Systems
VEEV
+$1.85M
2
ALGN icon
Align Technology
ALGN
+$1.62M
3
CSGP icon
CoStar Group
CSGP
+$55.7K

Top Sells

Rank Stock Value
1
XYZ
Block Inc
XYZ
+$29.9M
2
IBKR icon
Interactive Brokers
IBKR
+$27.8M
3
PEGA icon
Pegasystems
PEGA
+$24.8M
4
DESP
Despegar.com
DESP
+$8.78M
5
WDAY icon
Workday
WDAY
+$7.29M

Sector Composition

Rank Sector Weight
1 Technology 55.67%
2 Financials 15.13%
3 Consumer Discretionary 12.91%
4 Healthcare 12.1%
5 Real Estate 4.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PEGA icon
1
Pegasystems
PEGA
$5.09B
$220M 19.84%
4,729,898
-580,806
-11% -$24.8M
XYZ
2
Block Inc
XYZ
$48.9B
$220M 19.8%
2,588,616
-364,618
-12% -$29.9M
IBKR icon
3
Interactive Brokers
IBKR
$38.4B
$168M 15.13%
3,806,588
-659,508
-15% -$27.8M
WDAY icon
4
Workday
WDAY
$41.5B
$161M 14.48%
623,585
-28,547
-4% -$7.29M
ALGN icon
5
Align Technology
ALGN
$12.9B
$107M 9.63%
513,125
+7,237
+1% +$1.62M
ETSY icon
6
Etsy
ETSY
$8.12B
$100M 9.01%
1,891,645
-30,474
-2% -$1.62M
CSGP icon
7
CoStar Group
CSGP
$12.2B
$46.5M 4.18%
649,205
+738
+0.1% +$55.7K
W icon
8
Wayfair
W
$11.8B
$42.9M 3.86%
968,349
-15,173
-2% -$716K
VEEV icon
9
Veeva Systems
VEEV
$33.8B
$27.4M 2.46%
130,230
+8,400
+7% +$1.85M
TWLO icon
10
Twilio
TWLO
$28.6B
$17.2M 1.55%
159,045
-55,090
-26% -$5.03M
DESP
11
DELISTED
Despegar.com
DESP
$490K 0.04%
25,443
-558,004
-96% -$8.78M
ALRM icon
12
Alarm.com
ALRM
$2.75B
– –
-12,998
Closed -$711K
ATRO icon
13
Astronics
ATRO
$3.21B
– –
-29,821
Closed -$484K
CMPR icon
14
Cimpress
CMPR
$2.37B
– –
-5,031
Closed -$412K
ESI icon
15
Element Solutions
ESI
$8.48B
– –
-16,389
Closed -$445K
FC icon
16
Franklin Covey
FC
$239M
– –
-12,061
Closed -$496K
IIIV icon
17
i3 Verticals
IIIV
$419M
– –
-15,655
Closed -$334K
PD icon
18
PagerDuty
PD
$830M
– –
-13,709
Closed -$254K
PZZA icon
19
Papa John's
PZZA
$1.01B
– –
-6,747
Closed -$363K
TFIN icon
20
Triumph Financial Inc
TFIN
$1.81B
– –
-4,759
Closed -$379K
WOW
21
DELISTED
WideOpenWest
WOW
– –
-80,729
Closed -$424K
XPEL icon
22
XPEL
XPEL
$1.22B
– –
-15,070
Closed -$654K

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 Q4 2024 Portfolio in Review

As of Q4 2024, Bares Capital Management held 22 positions worth $1.11B, up 1.1% from $1.1B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Bares Capital Management withdrew a net $107M in Q4 2024, closing 11 positions and reducing 8 holdings. Its most notable exit was Alarm.com, an estimated $711K position sold in full.

By sector, the portfolio is most concentrated in Technology at 56% of assets, up from 52% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Bares Capital Management added an estimated $1.85M to Veeva Systems.

  • Bares Capital Management added most to Veeva Systems in Q4 2024, an estimated $1.85M increase.
  • Bares Capital Management's biggest Q4 2024 reduction was Block Inc, cutting an estimated $29.9M.
  • Bares Capital Management fully exited Alarm.com in Q4 2024, selling an estimated $711K.
  • Bares Capital Management's ten largest holdings make up 100% of its $1.11B portfolio in Q4 2024.
  • Bares Capital Management opened 0 new positions and closed 11 in Q4 2024.
  • Bares Capital Management's portfolio value rose 1.1% quarter-over-quarter to $1.11B.

Based on Bares Capital Management's 13F filing for Q4 2024, filed 14 Feb 2025.