Bares Capital (Brian Bares)
Tier 2 · solid recordConcentrated
Breadth-test add 2026-06-08 (survivorship-flagged).
Positions
24
as of Q3 2025
Top-5 concentration
67%
of equity portfolio
Latest filing
Q3 2025
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| PEGA Pegasystems Inc | Information Technology | 17.9% | $194M | TRIM |
| XYZ Block Inc | Information Technology | 13.3% | $144M | TRIM |
| WDAY Workday Inc. | Information Technology | 13.2% | $143M | ADD |
| IBKR Interactive Brokers Group Inc | Financials | 13.1% | $142M | TRIM |
| CSGP CoStar Group | Industrials | 9.5% | $103M | ADD |
| ETSY Etsy Inc | Industrials | 8.7% | $95M | TRIM |
| ALGN Align Technology Inc. | Health Care | 7.0% | $76M | ADD |
| W Wayfair Inc | Consumer Discretionary | 5.5% | $60M | TRIM |
| MEDP Medpace Holdings, Inc. | Health Care | 5.3% | $57M | TRIM |
| GMED Globus Medical Inc Class A | Health Care | 2.8% | $30M | NEW |
| VEEV Veeva Systems Inc. | Information Technology | 2.0% | $22M | TRIM |
| ONTO Onto Innovation Inc. | Health Care | 0.9% | $10M | NEW |
| MIDD Middleby Corp | Industrials | 0.7% | $7M | HOLD |
| APH Amphenol Corporation Class A | Information Technology | 0.0% | $44K | HOLD |
| SNEX StoneX Group Inc | Financials | 0.0% | $41K | TRIM |
| HEI/A HEICO Corporation Class A | — | 0.0% | $31K | HOLD |
| APG APi Group Corporation | Industrials | 0.0% | $30K | ADD |
| AME AMETEK Inc | Industrials | 0.0% | $29K | HOLD |
| BRO Brown & Brown Inc | Financials | 0.0% | $24K | HOLD |
| FERG Ferguson Enterprises Inc. | Other | 0.0% | $23K | HOLD |
| WSO Watsco Inc | Other | 0.0% | $18K | HOLD |
| MCO Moody`s Corporation | Industrials | 0.0% | $16K | HOLD |
| TYL Tyler Technologies, Inc. | Information Technology | 0.0% | $15K | HOLD |
| VRSK Verisk Analytics Inc. | Information Technology | 0.0% | $15K | HOLD |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.