Bares Capital Management, Inc.

Overview

Bares Capital Management, Inc. (BCM) is an employee-owned asset management firm based in Austin, Texas, founded in 2000. The firm specializes in concentrated equity portfolios, focusing on publicly traded companies that exhibit competitive excellence, business quality, sustainability, management talent, and growth potential. BCM's investment approach is grounded in original fundamental research, aiming to identify companies capable of compounding shareholder value at exceptionally high rates over extended periods. The firm's investment strategy emphasizes a disciplined process that includes extensive fieldwork, such as company visits, management meetings, and industry events. This approach ensures a deep understanding of each investment opportunity. BCM's portfolio is diversified across various industries, including technology, healthcare, consumer goods, financial services, and energy, reflecting a broad interest in sectors with strong growth prospects. BCM is committed to maintaining a culture of integrity, excellence, curiosity, ownership, and collegiality. The firm has moderated asset growth, kept fees low, and aligned its incentives with the long-term goals of its clients, demonstrating a dedication to delivering category-leading returns through focused investments in competitively advantaged public companies with talented management teams and substantial growth opportunities.

Investment Focus

• Focus on growth, late-stage, and pre-IPO companies
• Interest in sectors such as technology, healthcare, consumer goods, financial services, and energy

Portfolio Companies