13F-HR 1 bcm13f-hr20090630.txt 2009-06-30 BCM 13F-HR FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F-HR COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2009 Check here if Amendment: | |; Amendment Number: This Amendment (Check only one): | | is a restatement. | | adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Bares Capital Management, Inc. Address: 221 W 6th Street, Suite 1225 Austin, TX 78701 Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Brian T Bares Title: President Phone: 512-542-1083 Signature, Place, and Date of Signing: /s/Brian T Bares Brian T Bares Austin, Texas August 14, 2009 Report Type (Check one only): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 52 Form 13F Information Table Value Total: $164,744 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file nember(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------- ----------------- -------- --------------------------- ------ ------------------- 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) AAON, Inc. COM 360206 364889 7269 X 364889 0 0 Advisory Board Co COM 762W107 77261 1986 X 77261 0 0 Alaska Communications Systems COM 01167P101 40000 293 X 40000 0 0 Align Technology Inc COM 16255101 290839 3083 X 290839 0 0 AltiGen Communications Inc COM 21489109 267600 193 X 267600 0 0 American Dental Partners COM 25353103 1327572 12041 X 1327572 0 0 American Express Company COM 25816109 24111 560 X 24111 0 0 American Public Education COM 2913V103 71594 2832 X 71594 0 0 AutoZone Inc. COM 53332102 3390 512 X 3390 0 0 Berkshire Hathaway Inc CL A 84670108 5 450 X 5 0 0 Berkshire Hathaway Inc CL B 84670207 106 307 X 106 0 0 BIDZ.com Inc. COM 08883T200 1376546 3882 X 1376546 0 0 Brookfield Asset Management Inc COM 112585104 31492 538 X 31492 0 0 Choice Hotels International COM 169905106 10000 266 X 10000 0 0 Conagra Food Inc COM 205887102 10000 191 X 10000 0 0 ConocoPhillips COM 20825C104 30000 1262 X 30000 0 0 Corporate Executive Board COM 21988R102 120416 2500 X 120416 0 0 Diamond Hill Investment Group Inc. COM 25264R207 31748 1276 X 31748 0 0 Emerson Electric Co COM 291011104 10601 343 X 10601 0 0 Greenlight Capital Re LTD CL A G4095J109 142368 2464 X 142368 0 0 Hospitality Properties Trust COM 44106M102 23915 284 X 23915 0 0 Interactive Intelligence Inc. COM 45839M103 2391028 29314 X 2391028 0 0 International Assets Holding Corp COM 459028106 1260045 18737 X 1260045 0 0 iShares Trust Global Infras GLO INFR 464288372 7071 207 X 7071 0 0 iShares Trust Treas Inflat US TIP B 464287176 4475 455 X 4475 0 0 K Tron International Inc COM 482730108 34138 2731 X 34138 0 0 Kinder Morgan Energy Partner LTD PTN 494550106 9600 491 X 9600 0 0 Leucadia National Corp. COM 527288104 19679 415 X 19679 0 0 Level 3 Communications COM 52729N100 14500 22 X 14500 0 0 Microsoft Corp. COM 594918104 29430 700 X 29430 0 0 Morningstar, Inc. COM 617700109 74085 3055 X 74085 0 0 MSCI, Inc. CL A 55354G100 64917 1587 X 64917 0 0 National Retail Properties, Inc. COM 637417106 14000 243 X 14000 0 0 Occidental Petroleum COM 674599105 12000 790 X 12000 0 0 OneBeacon Insurance Group CL A G67742109 116721 1364 X 116721 0 0 Pennsylvania Real Estate Invt SH BEN IN709102107 10155 51 X 10155 0 0 Pfizer Inc. COM 717081103 10000 150 X 10000 0 0 Rentrak Corp COM 760174102 504764 8293 X 504764 0 0 Sears Holdings Corp COM 812350106 15677 1043 X 15677 0 0 SPDR Series Trust G RE ETF 78463X749 10970 270 X 10970 0 0 SPDR Series Trust IN SC ETF78463X871 11417 242 X 11417 0 0 SPDR Series Trust IN TR ETF78464A516 11385 622 X 11385 0 0 Stamps.com COM 852857200 777150 6590 X 777150 0 0 Stratasys Inc. COM 862685104 1426758 15566 X 1426758 0 0 Tandy Leather Factory Inc. COM 87538X105 1540372 3666 X 1540372 0 0 Travelzoo Inc. COM 89421Q106 114734 1257 X 114734 0 0 Utah Medical Products COM 917488108 308944 8252 X 308944 0 0 Walgreens Co COM 931422109 23388 688 X 23388 0 0 Washington Post Co CL B 939640108 1232 434 X 1232 0 0 White Mountains Insurance Group COM G9618E107 1284 294 X 1284 0 0 Winmark Corp COM 974250102 811895 14208 X 811895 0 0 XCEL Energy Inc. COM 98389B100 26000 479 X 26000 0 0