Bares Capital Management as of June 30, 2012
Portfolio Holdings for Bares Capital Management
Bares Capital Management holds 0 positions in its portfolio as reported in the June 2012 quarterly 13F filing
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVESTMENT VOTING AUTHORITY
DISCRETION (SHARES)
MARKET SHARED
VALUE SOLE SHARED OTHER SOLE SHARED NONE
SECURITY DESCRIPTION CLASS CUSIP SHARES ($000) (A) (B) (C) MGR (A) (B) (C)
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
Advisory Board Co COM 762W107 115855 5745 X 115855 0 0
Alleghany Corp COM 17175100 1598 543 X 1598 0 0
AltiGen Communications Inc COM 21489109 267100 69 X 267100 0 0
American Express Company COM 25816109 9107 530 X 9107 0 0
American Public Education COM 2913V103 580183 18566 X 580183 0 0
American Science & Engin COM 29429107 200021 11291 X 200021 0 0
Ascent Capital Group CL A 43632108 5221 270 X 5221 0 0
Asure Software COM 4649U102 51400 213 X 51400 0 0
Automatic Data Processing COM 53015103 9744 542 X 9744 0 0
Berkshire Hathaway Inc CL A 84670108 9 1125 X 9 0 0
Berkshire Hathaway Inc CL B 84670207 18283 1524 X 18283 0 0
Brookfield Asset Management Inc COM 112585104 42256 1399 X 42256 0 0
Capital Southwest Corp COM 140501107 5451 561 X 5451 0 0
Central European Distribution COM 153435102 10300 29 X 10300 0 0
Choice Hotels International COM 169905106 10000 399 X 10000 0 0
Colfax Corporation COM 194014106 575090 15855 X 575090 0 0
Conagra Food Inc COM 205887102 10000 259 X 10000 0 0
ConocoPhillips COM 20825C104 30000 1676 X 30000 0 0
Contango Oil & Gas Co. COM 21075N204 10621 629 X 10621 0 0
Corporate Executive Board COM 21988R102 295007 12060 X 295007 0 0
Ebix COM 278715206 17629 352 X 17629 0 0
Emerson Electric Co COM 291011104 7711 359 X 7711 0 0
Exelon Corp COM 30161N101 5738 216 X 5738 0 0
Expeditors International COM 302130109 10601 411 X 10601 0 0
Female Health Company COM 314462102 4118187 24174 X 4118187 0 0
Greenlight Capital Re LTD CL A G4095J109 26165 665 X 26165 0 0
Hallmark Financial Services COM 40624Q203 1893797 14772 X 1893797 0 0
HEICO Corp CL A 422806208 208419 6724 X 208419 0 0
Hospitality Properties Trust COM 44106M102 23915 592 X 23915 0 0
Interactive Intelligence Inc. COM 45839M103 2222146 62687 X 2222146 0 0
Interval Leisure Group COM 46113M108 565599 10752 X 565599 0 0
INTL FCStone Inc COM 459028106 3033317 58695 X 3033317 0 0
iShares Trust Treas Inflat US TIP B 464287176 5830 698 X 5830 0 0
Kinder Morgan Energy Partner LTD PTN 494550106 9600 754 X 9600 0 0
Kinder Morgan Management SHS 49455U100 3451 253 X 3451 0 0
Leucadia National Corp COM 527288104 16833 358 X 16833 0 0
Lockheed Martin Corporation COM 539830109 7075 616 X 7075 0 0
Microsoft Corp. COM 594918104 23944 732 X 23944 0 0
Morningstar, Inc. COM 617700109 120041 6943 X 120041 0 0
National Retail Properties, Inc. COM 637417106 14000 396 X 14000 0 0
Occidental Petroleum COM 674599105 12000 1029 X 12000 0 0
Omega Flex, Inc. COM 682095104 530648 6320 X 530648 0 0
Pennsylvania Real Estate Invt SH BEN IN709102107 10155 152 X 10155 0 0
Pfizer Inc. COM 717081103 16579 381 X 16579 0 0
Phillips 66 COM 718546104 15000 499 X 15000 0 0
Pizza Inn Inc COM 725848105 126530 345 X 126530 0 0
Powershares Emerging Market Sov Debt 73936T573 18013 519 X 18013 0 0
PowerShares Global Trust Nat Muni 73936T474 52213 1316 X 52213 0 0
Schwab Strategic US LC Value LC Val 808524409 6826 208 X 6826 0 0
Sears Holdings Corp COM 812350106 7108 424 X 7108 0 0
Simulations Plus Inc COM 829214105 34603 144 X 34603 0 0
SPDR Series Trust-Inter Treas ETF 78464A516 17573 1039 X 17573 0 0
SPDR Barclays Capital High Yield High Yld 78464A417 6187 244 X 6187 0 0
SPDR S^P Middle East & Africa Mid East 78463X806 8343 554 X 8343 0 0
Stamps.com COM 852857200 446987 12535 X 446987 0 0
Stratasys Inc. COM 862685104 259635 12852 X 259635 0 0
Tandy Leather Factory Inc. COM 87538X105 1630636 8414 X 1630636 0 0
The Dolan Company COM 25659P402 3255794 21911 X 3255794 0 0
The Middleby Corp COM 596278101 132643 13213 X 132643 0 0
TravelCenters of America COM 894174101 30000 152 X 30000 0 0
Travelzoo Inc. COM 89421Q106 300989 6838 X 300989 0 0
Utah Medical Products COM 917488108 423877 14213 X 423877 0 0
Vanguard Scottsdale MBS Mort Bck 92206C771 6659 349 X 6659 0 0
Vanguard Scottsdale Short Term Corp ST Corp 92206C409 10728 849 X 10728 0 0
Vanguard Index ETF VALUE 922908744 16982 950 X 16982 0 0
Vanguard Intern Index Emer Mkt 922042858 19751 789 X 19751 0 0
Vanguard Intern Index Europe 922042874 14189 608 X 14189 0 0
Weingarten Realty SH BEN T 948741103 7900 208 X 7900 0 0
Western Union Co COM 959802109 20539 346 X 20539 0 0
Weyerhaeuser Co COM 962166104 29966 670 X 29966 0 0
White Mountains Insurance Group COM G9618E107 542 283 X 542 0 0
Winmark Corp COM 974250102 843000 49358 X 843000 0 0
XCEL Energy Inc. COM 98389B100 26000 739 X 26000 0 0
Zimmer Holdings, Inc. COM 98956P102 8551 550 X 8551 0 0