SEC 13F Intelligence

Managers / Q3 2025

Bares Capital Management, Inc.

CIK 0001340807 · 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN, TX, 78738 · 512-542-1083

Reported Value
$1.1B
Q3 2025
Positions
24
Filings on Record
28
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Bares Capital Management, Inc. reported $1.1B in U.S.-listed holdings across 24 positions for Q3 2025.

Its largest position, PEGA, represents 17.9% of the portfolio.

Compared with Q2 2025, the fund opened 2 new positions and exited 0.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $3.3BQ4 ’18Q1 ’19: $3.6BQ2 ’19: $3.7BQ3 ’19: $3.3BQ4 ’19: $3.6BQ4 ’19Q1 ’20: $2.8BQ2 ’20: $4.1BQ3 ’20: $4.7BQ4 ’20: $5.4BQ4 ’20Q1 ’21: $5.3BQ2 ’21: $5.6BQ3 ’21: $5.6BQ4 ’21: $5.0BQ4 ’21Q1 ’22: $4.3BQ2 ’22: $2.7BQ3 ’22: $2.6BQ4 ’22: $2.63TQ4 ’22Q1 ’23: $2.8BQ2 ’23: $2.9BQ3 ’23: $2.3BQ4 ’23: $2.5BQ4 ’23Q1 ’24: $2.5BQ2 ’24: $2.1BQ3 ’24: $1.1BQ4 ’24: $1.1BQ4 ’24Q1 ’25: $852MQ2 ’25: $1.0BQ3 ’25: $1.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $1.1B

Quarter-over-Quarter Changes full breakdown →

Holdings — Q3 2025

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#IssuerClass% PortfolioValueShares

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$1.1B24Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B22Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$852M21May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B11Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B22Nov 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.1B29Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.5B31May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.5B32Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.3B37Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.9B38Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.8B39May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.63T38Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B38Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.7B37Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.3B37May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$5.0B35Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.6B35Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.6B25Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.3B26May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$5.4B26Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.7B26Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.1B25Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.8B26May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.6B23Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.3B24Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.7B24Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.6B23May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.3B23Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.