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Brian Bares

Bares Capital Management

Bares Capital Management Pegasystems Inc stake

total: 156

Bares Capital Management PEGA trades

Total transactions:
25
New positions:
1
Added:
11
Reduced:
13
Held since:
2019 Q3
Held for:
25 quarters
Latest activity:
2025 Q3
According to 2025 Q3 report, Bares Capital Management holds 3,380,345 Pegasystems Inc (PEGA) shares with a market value of roughly $194.37M accounting for 17.93% of the overall portfolio. To date, the estimated cost basis is nearly $74.33 for "buy" trades and estimated average "sell" price is $75. Bares Capital Management first purchased PEGA in 2019 Q3, initially acquiring 461,363 shares. Since the initial investment in Pegasystems Inc (PEGA), Bares Capital Management has made 24 more transactions.

How many PEGA shares does Bares Capital Management currently hold?

According to 2025 Q3 report, Bares Capital Management holds 3,380,345 shares of Pegasystems Inc (PEGA), valued at around $194.37M.

When did Bares Capital Management buy Pegasystems Inc (PEGA)?

Bares Capital Management first invested in Pegasystems Inc (PEGA) in 2019 Q3 at the reported quarter-end price of $68.05 per share.

What's the cost basis of Bares Capital Management's PEGA stake?

The estimated cost basis for Pegasystems Inc (PEGA) stake is around $74.33 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$74.32
Weighted AVG sell price:
$75.00

Bares Capital Management's historical trades in Pegasystems Inc

25 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2025 Q3
17.93%
3,380,345
$57.50
$194,369,838
-4.58% (-162,371)
-0.91%
2025 Q2
18.62%
3,542,716
$54.13
$191,767,217
+76.61% (+1,536,726)
+8.08%
2025 Q1
16.37%
2,005,990
$69.52
$139,456,425
-15.18% (-358,959)
-2.25%
2024 Q4
19.84%
2,364,949
$93.20
$220,413,247
-10.94% (-290,403)
-2.46%
2024 Q3
17.67%
2,655,352
$73.09
$194,079,678
-51.26% (-2,792,514)
-9.82%
2024 Q2
15.86%
5,447,866
$60.53
$329,759,329
-2.31% (-128,960)
-0.31%
2024 Q1
14.31%
5,576,826
$64.64
$360,486,033
-4.87% (-285,520)
-0.72%
2023 Q4
11.24%
5,862,346
$48.86
$286,434,226
+1.58% (+90,993)
+0.17%
2023 Q3
10.70%
5,771,353
$43.41
$250,534,434
-0.62% (-36,240)
-0.05%
2023 Q2
9.90%
5,807,593
$49.30
$286,314,335
+8.56% (+457,888)
+0.78%
2023 Q1
9.18%
$48.48
-3.62% (-200,996)
2022 Q4
7.24%
$34.24
+1.19% (+65,467)
2022 Q3
6.87%
$32.14
+3.81% (+201,420)
2022 Q2
9.24%
$47.84
+4.19% (+212,729)
2022 Q1
9.52%
$80.65
+3.42% (+167,900)
2021 Q4
10.96%
$111.82
-1.32% (-65,578)
2021 Q3
11.33%
$127.10
-1.46% (-73,830)
2021 Q2
12.48%
$139.19
-1.99% (-102,127)
2021 Q1
11.00%
$114.34
-1.20% (-62,566)
2020 Q4
12.83%
$133.26
+10.86% (+510,121)
2020 Q3
12.00%
$121.04
-0.41% (-19,322)
2020 Q2
11.78%
$101.17
+16.77% (+677,306)
2020 Q1
10.37%
$71.23
+12.94% (+462,818)
2019 Q4
7.99%
$79.65
+675.17% (+3,115,000)
2019 Q3
0.94%
$68.05
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.