Bares Capital Management as of Dec. 31, 2012
Portfolio Holdings for Bares Capital Management
Bares Capital Management holds 0 positions in its portfolio as reported in the December 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 115695 5413 X 115695 0 0
Alleghany Corp COM 17175100 1611 540 X 1611 0 0
American Express Company COM 25816109 9107 523 X 9107 0 0
American Public Education COM 2913V103 1088957 39333 X 1088957 0 0
American Science & Engin COM 29429107 111817 7292 X 111817 0 0
Ascent Capital Group CL A 43632108 5221 323 X 5221 0 0
Automatic Data Processing COM 53015103 9744 555 X 9744 0 0
Berkshire Hathaway Inc CL A 84670108 9 1207 X 9 0 0
Berkshire Hathaway Inc CL B 84670207 18281 1640 X 18281 0 0
Brookfield Asset Management Inc COM 112585104 42604 1561 X 42604 0 0
Capital Southwest Corp COM 140501107 5451 543 X 5451 0 0
Cherokee Inc COM 16444H102 602694 8263 X 602694 0 0
Choice Hotels International COM 169905106 10000 336 X 10000 0 0
Colfax Corporation COM 194014106 988460 39884 X 988460 0 0
Conagra Food Inc COM 205887102 10000 295 X 10000 0 0
ConocoPhillips COM 20825C104 30000 1740 X 30000 0 0
Contango Oil & Gas Co. COM 21075N204 10621 450 X 10621 0 0
Corporate Executive Board COM 21988R102 504517 23944 X 504517 0 0
Ebix COM 278715206 255105 4112 X 255105 0 0
Emerson Electric Co COM 291011104 7711 408 X 7711 0 0
Expeditors International COM 302130109 8203 324 X 8203 0 0
Female Health Company COM 314462102 4125298 29620 X 4125298 0 0
Greenlight Capital Re LTD CL A G4095J109 40491 935 X 40491 0 0
Hallmark Financial Services COM 40624Q203 1921855 18046 X 1921855 0 0
HEICO Corp CL A 422806208 466514 14919 X 466514 0 0
Hospitality Properties Trust COM 44106M102 23915 560 X 23915 0 0
Interactive Intelligence Inc. COM 45839M103 2219054 74427 X 2219054 0 0
Interval Leisure Group COM 46113M108 766432 14861 X 766432 0 0
INTL FCStone Inc COM 459028106 3136266 54602 X 3136266 0 0
iShares Trust Treas Inflat US TIP B 464287176 2233 271 X 2233 0 0
Kinder Morgan Energy Partner LTD PTN 494550106 9600 766 X 9600 0 0
Kinder Morgan Management SHS 49455U100 3550 268 X 3550 0 0
Leucadia National Corp COM 527288104 16958 403 X 16958 0 0
Lockheed Martin Corporation COM 539830109 7075 653 X 7075 0 0
Masimo Corp COM 574599106 920161 19333 X 920161 0 0
Microsoft Corp. COM 594918104 23944 640 X 23944 0 0
Morningstar, Inc. COM 617700109 169611 10657 X 169611 0 0
National Retail Properties, Inc. COM 637417106 14000 437 X 14000 0 0
Occidental Petroleum COM 674599105 12000 919 X 12000 0 0
Omega Flex, Inc. COM 682095104 546845 6759 X 546845 0 0
Pennsylvania Real Estate Invt SH BEN IN709102107 10155 179 X 10155 0 0
Pfizer Inc. COM 717081103 16579 416 X 16579 0 0
Phillips 66 COM 718546104 15000 797 X 15000 0 0
Pizza Inn Inc COM 725848105 126530 434 X 126530 0 0
Powershares Emerging Market Sov Debt 73936T573 17063 537 X 17063 0 0
PowerShares Global Trust Nat Muni 73936T474 48713 1254 X 48713 0 0
RealD inc COM 75604L105 2965727 33246 X 2965727 0 0
Sears Holdings Corp COM 812350106 6458 267 X 6458 0 0
SPDR Series Trust-Inter Treas ETF 78464A516 15643 954 X 15643 0 0
SPDR S^P Middle East & Africa Mid East 78463X806 8448 624 X 8448 0 0
Stamps.com COM 852857200 448254 11296 X 448254 0 0
Stratasys Inc. COM 862685104 3598 288 X 3598 0 0
Tandy Leather Factory Inc. COM 87538X105 1634836 9024 X 1634836 0 0
The Dolan Company COM 25659P402 1064510 4141 X 1064510 0 0
The Middleby Corp COM 596278101 172971 22177 X 172971 0 0
TravelCenters of America COM 894174101 30000 141 X 30000 0 0
Travelzoo Inc. COM 89421Q106 616629 11710 X 616629 0 0
Utah Medical Products COM 917488108 425557 15341 X 425557 0 0
Vanguard Scottsdale MBS Mort Bck 92206C771 6659 348 X 6659 0 0
Vanguard Scottsdale Short Term Corp ST Corp 92206C409 10397 835 X 10397 0 0
Vanguard Index ETF VALUE 922908744 14754 868 X 14754 0 0
Vanguard Intern Index Emer Mkt 922042858 19595 873 X 19595 0 0
Vanguard Intern Index Europe 922042874 14189 693 X 14189 0 0
Weingarten Realty SH BEN T 948741103 7900 211 X 7900 0 0
Western Union Co COM 959802109 20539 280 X 20539 0 0
Weyerhaeuser Co COM 962166104 29966 834 X 29966 0 0
White Mountains Insurance Group COM G9618E107 1226 631 X 1226 0 0
Winmark Corp COM 974250102 837022 47710 X 837022 0 0
XCEL Energy Inc. COM 98389B100 26000 694 X 26000 0 0
XPO Logistics Inc COM 983793100 666178 11578 X 666178 0 0
Zimmer Holdings, Inc. COM 98956P102 8551 570 X 8551 0 0