Bares Capital Management, Inc.

AUSTIN, TX · CIK 1340807 · 13F filing filed 2025-11-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyAustin, TX

As an employer

US visa salary filings

Filings FY20241
Median salary offered$95,000
Middle half$95,000 – $95,000
Job titles1

Job title	Filings	Median	Range
Research AnalystAustin, TX	1	$95,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Bares Capital Management, Inc..

$1.1bn reported value +5.2% vs Q2 2025

24positions

96.4%in top 10

2 new 3 added 9 reduced 0 sold out vs Q2 2025

Holdings, Q3 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	PEGASYSTEMS INC COM PEGA	PEGA	3,380,345	$194.4m17.93%	17.93%	Reduced -162.4k	-162,371 -4.6%
2	BLOCK INC CL A XYZ	XYZ	1,991,847	$144.0m13.28%	13.28%	Reduced -157.1k	-157,116 -7.3%
3	WORKDAY INC CL A WDAY	WDAY	593,755	$142.9m13.19%	13.19%	Added +60.9k	+60,920 11.4%
4	INTERACTIVE BROKERS GROUP IN COM CL A IBKR	IBKR	2,060,589	$141.8m13.08%	13.08%	Reduced -950.5k	-950,511 -31.6%
5	COSTAR GROUP INC COM CSGP	CSGP	1,226,251	$103.5m9.54%	9.54%	Added +11.6k	+11,599 0.9%
6	ETSY INC COM ETSY	ETSY	1,425,825	$94.7m8.73%	8.73%	Reduced -7.6k	-7,646 -0.5%
7	ALIGN TECHNOLOGY INC COM ALGN	ALGN	609,722	$76.3m7.04%	7.04%	Added +97.4k	+97,378 19.0%
8	WAYFAIR INC CL A W	W	672,486	$60.1m5.54%	5.54%	Reduced -63.5k	-63,526 -8.6%
9	MEDPACE HLDGS INC COM MEDP	MEDP	111,507	$57.3m5.29%	5.29%	Reduced -45.6k	-45,577 -29.0%
10	GLOBUS MED INC CL A GMED	GMED	521,129	$29.8m2.75%	2.75%	New
11	VEEVA SYS INC CL A COM VEEV	VEEV	73,360	$21.9m2.02%	2.02%	Reduced -20.0k	-20,001 -21.4%
12	ONTO INNOVATION INC COM ONTO	ONTO	75,450	$9.7m0.90%	0.90%	New
13	MIDDLEBY CORP COM MIDD	MIDD	54,625	$7.3m0.67%	0.67%	Unchanged
14	AMPHENOL CORP CL A APH	APH	353	$43.7k0.00%	0.00%	Unchanged
15	STONEX GROUP INC COM SNEX	SNEX	402	$40.6k0.00%	0.00%	Reduced -99.5k	-99,500 -99.6%
16	HEICO CORP NEW CL A HEI.A	HEI.A	122	$31.0k0.00%	0.00%	Unchanged
17	API GROUP CORP COM STK APG	APG	877	$30.1k0.00%	0.00%	Reduced -0	-0 -0.1%
18	AMETEK INC COM AME	AME	152	$28.6k0.00%	0.00%	Unchanged
19	BROWN & BROWN INC COM BRO	BRO	259	$24.3k0.00%	0.00%	Unchanged
20	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	103	$23.1k0.00%	0.00%	Unchanged
21	WATSCO INC COM WSO	WSO	45	$18.2k0.00%	0.00%	Unchanged
22	MOODYS CORP COM MCO	MCO	34	$16.2k0.00%	0.00%	Unchanged
23	TYLER TECHNOLOGIES INC COM TYL	TYL	28	$14.6k0.00%	0.00%	Unchanged
24	VERISK ANALYTICS INC COM VRSK	VRSK	58	$14.6k0.00%	0.00%	Unchanged