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Bares Capital Management, Inc.

12600 Hill Country Blvd Suite R-230
Austin, Texas 78738
United States
Contact :      Todd Povondra
Phone :       512-542-1083
Fax :             512-772-2728
Email :
Web : 

Bares Capital Management, Inc. Information

Type of organization : S Corporation
Total Assets Managed ($Mil) : $210
Tax-Exempt Managed ($Mil) : $0
Taxable Assets Managed ($Mil) :
Year Founded : 2000
Wrap Programs Offered? : No
# of Accounts Managed : 82
In-House Research : %
Carries liability insurance? : No
Errors & Omission Insurance? : No
Socially Responsible? : No
Minority Owned? : No
Wrap Program Description  
In $ Thousands

Bares Capital Management, Inc. History

Mr. Bares began his investing career at First Austin Capital Management, Inc. where he learned the operational aspects of individual and institutional account management. Early in his career with First Austin, he became compliance officer while the firm had approximately $25 million under management. The firm had a fledgling investment company, Texas Capital Value Funds, Inc. with approximately $8 million in assets when Mr. Bares was hired. First Austin used a back-tested, quantitative, small-cap value strategy that performed well in the late 1990s. The investment company received favorable press and subsequently assets under management ballooned to well over $100 million including five institutional accounts. As the organization expanded, Mr. Bares built the trading desk and developed his expertise in small company execution through institutional brokerage relationships and various ECNs. He aggressively moved the firm into electronic direct-to-institution trading services. He was one of five traders in the region to become Optimark certified, and built extensive experience with Instinet and POSIT matching. Mr. Bares became a portfolio manager at First Austin and oversaw the launch of the Bear 500 Fund. In addition to writing the registration statement, Mr. Bares implemented the fund?s strategy using a combination of futures and Exchange Traded Funds to inversely correlate the fund?s performance to the S&P 500 Index. Mr. Bares was also part of the investment management team overseeing client portfolios and interpreting results of the quantitative strategy. The transition to Bares Capital Management, Inc. occurred in June 2000. Mr. Bares began the firm without any clients from his previous employer and based his investment strategy on fundamental small company analysis rather than using a purely quantitative security selection process. Mr. Bares based his investment approach on the Graham-Dodd value philosophy where fundamental factors are used to identify securities available at a discount to their intrinsic value. He extended the Graham-Dodd model to incorporate other intangible concepts such as sustainable competitive advantage, management effectiveness, and franchise quality. He additionally identified small and micro-cap companies as a universe where the level of competition is greatly reduced and opportunities to exploit inefficiencies were more abundant. For 2001, Bares Capital Management was ranked the #1 Small-Cap manager by Money Manager Review. Mr. Bares has been quoted in various business publications and newspapers including Barrons, the Dallas Morning News, the Austin Business Journal, and the Austin American-Statesman.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
Limited Partnership :
Foundations :
Unions, Taft-Hartley :
Public :
Others :
Total # of Professional : 0 Analysts : 0
Portfolio Managers : 0 Traders : 0
Client Service : 0 Operation : 0

Bares Capital Management, Inc. Personnel

Mr.  Jim Bradshaw

Tel : (512) 542-1083

Mr.  Brian Bares

Tel : (512) 542-1083

Mr.  Todd Povondra

Tel : (512) 542-1083

Bares Capital Management, Inc. Product Name

Micro-Cap Equity:Privately Managed Accounts
Small Cap Equity:Privately Managed Accounts
Bares Capital Mid-Large Cap:Privately Managed Accounts
Report Created: March,28 2020.  Copyright Money Manager Review , All rights Reserved.

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