Akre Capital Management
Chuck Akre, John Neff, Chris Cerrone
- Latest Filed Book
- Q2 2026 (2026-06-30)
- Filed
- 14 Aug 2026
- Reported value
- $5.11B
- Positions
- 19
- Next filing deadline
- 16 Nov 2026
Q2 2026 · Filed Book as of 2026-06-30
What changed
Akre Capital Management cut Mastercard by 13% and added 13% to CoStar Group. Top 10 = 88% of reported value; turnover 6.3%.
New Buys 0
none
Adds 2 · weight before → after
- CoStar Group CSGP 6.83% → 6.49% +13.1% shares
- ServiceNow NOW 1.87% → 2.42% +13.7% shares
Trims 11 · weight before → after
- Mastercard MA 18.64% → 20.01% -12.8% shares
- Moody's Corporation MCO 8.89% → 10.26% -7.2% shares
- Brookfield Corp BN 11.27% → 10.11% -28.8% shares
- KKR & Co. KKR 10.16% → 8.95% -25.8% shares
- Roper Technologies ROP 7.27% → 7.80% -6.4% shares
- Visa Inc. V 8.10% → 7.46% -32.2% shares
- O'Reilly Automotive ORLY 5.87% → 3.90% -44.4% shares
- Airbnb ABNB 4.20% → 3.32% -41.8% shares
- CCC Intelligent Solutions Holdings Inc. CCC 3.09% → 3.02% -5.2% shares
- American Tower AMT 0.14% → 0.09% -42.4% shares
- Berkshire Hathaway BRK-B 0.08% → 0.08% -20.8% shares
Exits 0
none
Holdings · Q2 2026
| # | Name | Ticker | Sector | Weight | Value (USD B) | Filing Change | Shares chg |
|---|---|---|---|---|---|---|---|
| 1 | Mastercard | MA | Financials | 20.01% | 1.02 | Trim | -12.8% |
| 2 | Moody's Corporation | MCO | Financials | 10.26% | 0.52 | Trim | -7.2% |
| 3 | Brookfield Corp | BN | Real Estate | 10.11% | 0.52 | Trim | -28.8% |
| 4 | KKR & Co. | KKR | Financials | 8.95% | 0.46 | Trim | -25.8% |
| 5 | Fair Isaac | FICO | Information Technology | 8.47% | 0.43 | Hold | -0.5% |
| 6 | Roper Technologies | ROP | Information Technology | 7.80% | 0.40 | Trim | -6.4% |
| 7 | Visa Inc. | V | Financials | 7.46% | 0.38 | Trim | -32.2% |
| 8 | CoStar Group | CSGP | Real Estate | 6.49% | 0.33 | Add | +13.1% |
| 9 | Copart | CPRT | Industrials | 4.41% | 0.23 | Hold | -0.2% |
| 10 | O'Reilly Automotive | ORLY | Consumer Discretionary | 3.90% | 0.20 | Trim | -44.4% |
| 11 | Airbnb | ABNB | Consumer Discretionary | 3.32% | 0.17 | Trim | -41.8% |
| 12 | CCC Intelligent Solutions Holdings Inc. | CCC | Information Technology | 3.02% | 0.15 | Trim | -5.2% |
| 13 | ServiceNow | NOW | Information Technology | 2.42% | 0.12 | Add | +13.7% |
| 14 | Salesforce | CRM | Information Technology | 2.20% | 0.11 | Hold | 0.0% |
| 15 | Goosehead Insurance, Inc. | GSHD | Financials | 0.42% | 0.02 | Hold | 0.0% |
| 16 | SOPHiA Genetics SA | SOPH | Information Technology | 0.42% | 0.02 | Hold | 0.0% |
| 17 | Perimeter Solutions, Inc. | PRM | Materials | 0.17% | 0.01 | Hold | 0.0% |
| 18 | American Tower | AMT | Real Estate | 0.09% | <0.01 | Trim | -42.4% |
| 19 | Berkshire Hathaway | BRK-B | Financials | 0.08% | <0.01 | Trim | -20.8% |
Source: 13F filing on EDGAR ↗
Q1 2026 · Filed Book as of 2026-03-31
What changed
Akre Capital Management opened 3 new positions (largest: Salesforce, 2.2%), exited 2 (largest: Danaher Corporation, 0.2% before), cut Mastercard by 24% and added 14% to Roper Technologies. Top 10 = 88% of reported value; turnover 9.3%.
New Buys 3
- Salesforce CRM 2.19% new
- ServiceNow NOW 1.87% new
- Perimeter Solutions, Inc. PRM 0.10% new
Adds 5 · weight before → after
- Roper Technologies ROP 5.39% → 7.27% +13.8% shares
- CoStar Group CSGP 7.09% → 6.83% +7.6% shares
- Fair Isaac FICO 5.14% → 6.35% +31.1% shares
- CCC Intelligent Solutions Holdings Inc. CCC 2.16% → 3.09% +26.9% shares
- Goosehead Insurance, Inc. GSHD 0.30% → 0.31% +19.5% shares
Trims 9 · weight before → after
- Mastercard MA 18.81% → 18.64% -24.1% shares
- Brookfield Corp BN 13.51% → 11.27% -36.6% shares
- KKR & Co. KKR 11.33% → 10.16% -17.1% shares
- Moody's Corporation MCO 9.72% → 8.89% -28.2% shares
- Visa Inc. V 10.29% → 8.10% -38.8% shares
- O'Reilly Automotive ORLY 6.72% → 5.87% -42.2% shares
- Airbnb ABNB 5.17% → 4.20% -41.4% shares
- American Tower AMT 0.49% → 0.14% -80.1% shares
- Berkshire Hathaway BRK-B 0.07% → 0.08% -13.1% shares
Exits 2
- Danaher Corporation DHR was 0.17% sold out
- CarMax KMX was 0.06% sold out
Q4 2025 · Filed Book as of 2025-12-31
What changed
Akre Capital Management exited 1 (largest: Verisk Analytics, 0.02% before), cut Mastercard by 5% and added 3% to CoStar Group. Top 10 = 93% of reported value; turnover 5.9%.
New Buys 0
none
Adds 4 · weight before → after
- CoStar Group CSGP 7.83% → 7.09% +3.3% shares
- Fair Isaac FICO 3.89% → 5.14% +6.4% shares
- Copart CPRT 1.90% → 3.38% +85.7% shares
- CCC Intelligent Solutions Holdings Inc. CCC 1.48% → 2.16% +52.7% shares
Trims 10 · weight before → after
- Mastercard MA 17.89% → 18.81% -4.8% shares
- Brookfield Corp BN 13.14% → 13.51% -6.9% shares
- KKR & Co. KKR 11.29% → 11.33% -7.0% shares
- Visa Inc. V 10.12% → 10.29% -10.0% shares
- Moody's Corporation MCO 10.07% → 9.72% -18.1% shares
- O'Reilly Automotive ORLY 9.26% → 6.72% -22.0% shares
- Roper Technologies ROP 5.75% → 5.39% -4.5% shares
- American Tower AMT 0.85% → 0.49% -42.4% shares
- Danaher Corporation DHR 1.73% → 0.17% -92.1% shares
- Berkshire Hathaway BRK-B 0.07% → 0.07% -14.9% shares
Exits 1
- Verisk Analytics VRSK was 0.02% sold out
Q3 2025 · Filed Book as of 2025-09-30
What changed
Akre Capital Management cut Mastercard by 4% and added 2751% to Fair Isaac. Top 10 = 93% of reported value; turnover 8.2%.
New Buys 0
none
Adds 3 · weight before → after
- Fair Isaac FICO 0.16% → 3.89% +2751.4% shares
- Copart CPRT 0.58% → 1.90% +253.1% shares
- CCC Intelligent Solutions Holdings Inc. CCC 1.36% → 1.48% +10.2% shares
Trims 8 · weight before → after
- Mastercard MA 18.14% → 17.89% -4.2% shares
- Visa Inc. V 11.04% → 10.12% -6.3% shares
- Moody's Corporation MCO 11.33% → 10.07% -8.1% shares
- O'Reilly Automotive ORLY 8.31% → 9.26% -8.5% shares
- Roper Technologies ROP 7.99% → 5.75% -19.6% shares
- Danaher Corporation DHR 3.43% → 1.73% -50.7% shares
- American Tower AMT 1.98% → 0.85% -51.6% shares
- Verisk Analytics VRSK 0.03% → 0.02% -4.2% shares
Exits 0
none
Q2 2025 · Filed Book as of 2025-06-30
What changed
Akre Capital Management opened 2 new positions (largest: Copart, 0.6%), exited 1 (largest: Digitalbridge Group Inc, 0.01% before), cut Moody's Corporation by 5% and added 19% to Airbnb. Top 10 = 95% of reported value; turnover 7.4%.
New Buys 2
- Copart CPRT 0.58% new
- Fair Isaac FICO 0.16% new
Adds 3 · weight before → after
- Airbnb ABNB 3.35% → 4.50% +19.0% shares
- CCC Intelligent Solutions Holdings Inc. CCC 1.15% → 1.36% +12.0% shares
- SOPHiA Genetics SA SOPH 0.07% → 0.11% +66.2% shares
Trims 6 · weight before → after
- Moody's Corporation MCO 10.90% → 11.33% -5.3% shares
- O'Reilly Automotive ORLY 11.90% → 8.31% -27.4% shares
- American Tower AMT 5.42% → 1.98% -64.7% shares
- CarMax KMX 0.15% → 0.10% -26.6% shares
- Berkshire Hathaway BRK-B 0.08% → 0.07% -7.8% shares
- Verisk Analytics VRSK 0.03% → 0.03% -14.8% shares
Exits 1
- Digitalbridge Group Inc was 0.01% sold out
Q1 2025 · Filed Book as of 2025-03-31
What changed
Akre Capital Management cut Mastercard by 10% and added 10% to Airbnb. Top 10 = 95% of reported value; turnover 8.7%.
New Buys 0
none
Adds 2 · weight before → after
- Airbnb ABNB 3.01% → 3.35% +10.1% shares
- CCC Intelligent Solutions Holdings Inc. CCC 1.08% → 1.15% +23.5% shares
Trims 10 · weight before → after
- Mastercard MA 16.87% → 17.56% -10.1% shares
- O'Reilly Automotive ORLY 9.18% → 11.90% -3.5% shares
- Moody's Corporation MCO 12.61% → 10.90% -20.9% shares
- Visa Inc. V 8.94% → 10.70% -2.9% shares
- KKR & Co. KKR 13.16% → 9.83% -14.0% shares
- Roper Technologies ROP 6.66% → 8.22% -2.2% shares
- American Tower AMT 8.73% → 5.42% -53.0% shares
- CarMax KMX 0.47% → 0.15% -69.2% shares
- Verisk Analytics VRSK 0.03% → 0.03% -10.3% shares
- Digitalbridge Group Inc 0.07% → 0.01% -78.5% shares
Exits 0
none
Q4 2024 · Filed Book as of 2024-12-31
What changed
Akre Capital Management cut Mastercard by 6% and added 4% to CoStar Group. Top 10 = 95% of reported value; turnover 5.0%.
New Buys 0
none
Adds 1 · weight before → after
- CoStar Group CSGP 5.61% → 5.77% +4.3% shares
Trims 8 · weight before → after
- Mastercard MA 16.11% → 16.87% -5.5% shares
- KKR & Co. KKR 12.38% → 13.16% -9.7% shares
- Moody's Corporation MCO 13.28% → 12.61% -8.4% shares
- O'Reilly Automotive ORLY 8.81% → 9.18% -2.6% shares
- American Tower AMT 11.71% → 8.73% -9.1% shares
- CarMax KMX 0.84% → 0.47% -48.5% shares
- Digitalbridge Group Inc 0.15% → 0.07% -41.8% shares
- Verisk Analytics VRSK 0.03% → 0.03% -8.7% shares
Exits 0
none
Q3 2024 · Filed Book as of 2024-09-30
What changed
Akre Capital Management exited 1 (largest: SBA Communications, 0.9% before), cut Mastercard by 3% and added 3% to Brookfield Corp. Top 10 = 95% of reported value; turnover 5.3%.
New Buys 0
none
Adds 4 · weight before → after
- Brookfield Corp BN 6.75% → 8.38% +2.6% shares
- Airbnb ABNB 1.25% → 2.80% +183.1% shares
- CCC Intelligent Solutions Holdings Inc. CCC 0.76% → 0.98% +36.7% shares
- SOPHiA Genetics SA SOPH 0.08% → 0.07% +16.5% shares
Trims 9 · weight before → after
- Mastercard MA 15.68% → 16.11% -2.9% shares
- Moody's Corporation MCO 15.63% → 13.28% -20.3% shares
- KKR & Co. KKR 12.68% → 12.38% -16.8% shares
- O'Reilly Automotive ORLY 8.88% → 8.81% -3.9% shares
- Roper Technologies ROP 7.66% → 6.94% -2.9% shares
- CarMax KMX 1.38% → 0.84% -39.5% shares
- Digitalbridge Group Inc 0.44% → 0.15% -63.9% shares
- Berkshire Hathaway BRK-B 0.06% → 0.06% -3.9% shares
- Verisk Analytics VRSK 0.04% → 0.03% -23.0% shares
Exits 1
- SBA Communications SBAC was 0.86% sold out
Q2 2024 · Filed Book as of 2024-06-30
What changed
Akre Capital Management opened 1 new position (largest: Airbnb, 1.2%), exited 3 (largest: Uber, 1.1% before), cut Mastercard by 12% and added 3% to Brookfield Corp. Top 10 = 95% of reported value; turnover 5.0%.
New Buys 1
- Airbnb ABNB 1.25% new
Adds 5 · weight before → after
- Brookfield Corp BN 6.22% → 6.75% +2.8% shares
- CoStar Group CSGP 5.80% → 5.72% +20.8% shares
- SBA Communications SBAC 0.32% → 0.86% +176.8% shares
- CCC Intelligent Solutions Holdings Inc. CCC 0.69% → 0.76% +11.7% shares
- SOPHiA Genetics SA SOPH 0.01% → 0.08% +567.5% shares
Trims 8 · weight before → after
- Mastercard MA 18.37% → 15.68% -12.4% shares
- Moody's Corporation MCO 14.48% → 15.63% -5.2% shares
- KKR & Co. KKR 12.38% → 12.68% -8.0% shares
- O'Reilly Automotive ORLY 9.23% → 8.88% -3.3% shares
- CarMax KMX 1.95% → 1.38% -20.6% shares
- Digitalbridge Group Inc 0.65% → 0.44% -11.3% shares
- Berkshire Hathaway BRK-B 0.06% → 0.06% -3.6% shares
- Verisk Analytics VRSK 0.03% → 0.04% -7.2% shares
Exits 3
- Uber UBER was 1.13% sold out
- Brookfield Asset Management Ltd. BAM was 0.02% sold out
- Dollar Tree DLTR was <0.01% sold out
Q1 2024 · Filed Book as of 2024-03-31
What changed
Akre Capital Management opened 3 new positions (largest: Uber, 1.1%) and cut Mastercard by 9%. Top 10 = 95% of reported value; turnover 4.9%.
New Buys 3
- Uber UBER 1.13% new
- CCC Intelligent Solutions Holdings Inc. CCC 0.69% new
- SOPHiA Genetics SA SOPH 0.01% new
Adds 0 · weight before → after
none
Trims 9 · weight before → after
- Mastercard MA 18.17% → 18.37% -8.9% shares
- Moody's Corporation MCO 15.70% → 14.48% -6.8% shares
- KKR & Co. KKR 11.61% → 12.38% -10.6% shares
- American Tower AMT 12.36% → 10.13% -8.9% shares
- O'Reilly Automotive ORLY 8.15% → 9.23% -3.1% shares
- Visa Inc. V 7.69% → 7.55% -6.8% shares
- Digitalbridge Group Inc 0.65% → 0.65% -6.7% shares
- Brookfield Asset Management Ltd. BAM 1.17% → 0.02% -98.2% shares
- Dollar Tree DLTR 0.03% → <0.01% -89.8% shares
Exits 0
none
Q4 2023 · Filed Book as of 2023-12-31
What changed
Akre Capital Management opened 1 new position (largest: SBA Communications, 0.4%) and cut Mastercard by 14%. Top 10 = 96% of reported value; turnover 6.9%.
New Buys 1
- SBA Communications SBAC 0.39% new
Adds 0 · weight before → after
none
Trims 8 · weight before → after
- Mastercard MA 21.27% → 18.17% -13.5% shares
- Moody's Corporation MCO 14.79% → 15.70% -6.2% shares
- O'Reilly Automotive ORLY 8.81% → 8.15% -3.4% shares
- Visa Inc. V 10.14% → 7.69% -26.9% shares
- Danaher Corporation DHR 4.04% → 3.46% -11.3% shares
- Berkshire Hathaway BRK-B 0.06% → 0.05% -3.2% shares
- Verisk Analytics VRSK 0.04% → 0.03% -7.0% shares
- Dollar Tree DLTR 0.03% → 0.03% -24.7% shares
Exits 0
none
Q3 2023 · Filed Book as of 2023-09-30
What changed
Akre Capital Management exited 1 (largest: Adobe Inc., 4.3% before), cut Moody's Corporation by 4% and added 11% to KKR & Co.. Top 10 = 96% of reported value; turnover 6.0%.
Coverage caveat. This Filed Book covers 94.6% of the fund's reported value.
New Buys 0
none
Adds 1 · weight before → after
- KKR & Co. KKR 7.11% → 9.56% +11.0% shares
Trims 8 · weight before → after
- Moody's Corporation MCO 15.31% → 14.79% -3.5% shares
- Visa Inc. V 9.74% → 10.14% -2.5% shares
- O'Reilly Automotive ORLY 8.87% → 8.81% -5.2% shares
- Roper Technologies ROP 6.64% → 7.00% -4.9% shares
- CarMax KMX 1.99% → 1.78% -4.1% shares
- Brookfield Asset Management Ltd. BAM 1.00% → 1.06% -6.2% shares
- Digitalbridge Group Inc 0.62% → 0.72% -11.4% shares
- Dollar Tree DLTR 0.04% → 0.03% -4.6% shares
Exits 1
- Adobe Inc. ADBE was 4.34% sold out
Q2 2023 · Filed Book as of 2023-06-30
What changed
Akre Capital Management cut Moody's Corporation by 7%. Top 10 = 93% of reported value; turnover 2.3%.
New Buys 0
none
Adds 0 · weight before → after
none
Trims 6 · weight before → after
- Moody's Corporation MCO 15.38% → 15.31% -7.4% shares
- American Tower AMT 12.60% → 10.90% -3.6% shares
- O'Reilly Automotive ORLY 8.84% → 8.87% -5.8% shares
- Adobe Inc. ADBE 4.07% → 4.34% -11.3% shares
- CarMax KMX 1.75% → 1.99% -8.0% shares
- Digitalbridge Group Inc 0.54% → 0.62% -2.2% shares
Exits 0
none
Q1 2023 · Filed Book as of 2023-03-31
What changed
Akre Capital Management exited 1 (largest: Alarm.com Holdings, Inc., 0.1% before), cut Adobe Inc. by 3% and added 5% to Brookfield Corp. Top 10 = 92% of reported value; turnover 3.3%.
New Buys 0
none
Adds 2 · weight before → after
- Brookfield Corp BN 4.94% → 5.22% +4.7% shares
- Digitalbridge Group Inc 0.49% → 0.54% +2.9% shares
Trims 2 · weight before → after
- Adobe Inc. ADBE 3.77% → 4.07% -3.3% shares
- CarMax KMX 2.91% → 1.75% -41.4% shares
Exits 1
- Alarm.com Holdings, Inc. ALRM was 0.12% sold out
Q4 2022 · Filed Book as of 2022-12-31
What changed
Akre Capital Management opened 2 new positions (largest: Brookfield Corp, 4.9%), exited 3 (largest: Brookfield Asset Mgmt Inc, 4.8% before), cut Visa Inc. by 6% and added 8% to Danaher Corporation. Top 10 = 92% of reported value; turnover 15.7%.
New Buys 2
- Brookfield Corp BN 4.94% new
- Brookfield Asset Management Ltd. BAM 0.96% new
Adds 2 · weight before → after
- Danaher Corporation DHR 3.78% → 4.29% +8.0% shares
- Digitalbridge Group Inc 0.51% → 0.49% +8.0% shares
Trims 7 · weight before → after
- Visa Inc. V 8.23% → 9.25% -6.2% shares
- O'Reilly Automotive ORLY 9.14% → 9.03% -19.7% shares
- KKR & Co. KKR 5.87% → 6.34% -2.3% shares
- Adobe Inc. ADBE 4.05% → 3.77% -25.6% shares
- CarMax KMX 4.29% → 2.91% -28.0% shares
- Dollar Tree DLTR 0.04% → 0.04% -7.5% shares
- Verisk Analytics VRSK 3.68% → 0.03% -99.2% shares
Exits 3
- Brookfield Asset Mgmt Inc was 4.83% sold out
- Salesforce CRM was 3.93% sold out
- Snowflake Inc. SNOW was 1.50% sold out
Q3 2022 · Filed Book as of 2022-09-30
What changed
Akre Capital Management exited 1 (largest: ThredUp Inc., <0.01% before) and cut O'Reilly Automotive by 6%. Top 10 = 82% of reported value; turnover 3.5%.
New Buys 0
none
Adds 0 · weight before → after
none
Trims 3 · weight before → after
- O'Reilly Automotive ORLY 7.96% → 9.14% -6.4% shares
- Digitalbridge Group Inc 0.64% → 0.51% -71.8% shares
- Goosehead Insurance, Inc. GSHD 0.13% → 0.08% -30.1% shares
Exits 1
- ThredUp Inc. TDUP was <0.01% sold out
Q2 2022 · Filed Book as of 2022-06-30
What changed
Akre Capital Management opened 1 new position (largest: Snowflake Inc., 1.1%), exited 1 (largest: Ansys Inc, 1.3% before), cut CoStar Group by 26% and added 3% to KKR & Co.. Top 10 = 84% of reported value; turnover 4.8%.
New Buys 1
- Snowflake Inc. SNOW 1.11% new
Adds 6 · weight before → after
- KKR & Co. KKR 6.02% → 5.70% +3.4% shares
- Adobe Inc. ADBE 4.94% → 4.87% +6.0% shares
- Salesforce CRM 4.17% → 4.06% +8.2% shares
- Digitalbridge Group Inc 0.52% → 0.64% +56.0% shares
- Goosehead Insurance, Inc. GSHD 0.16% → 0.13% +18.7% shares
- Berkshire Hathaway BRK-B 0.04% → 0.04% +4.3% shares
Trims 2 · weight before → after
- CoStar Group CSGP 4.46% → 3.44% -26.4% shares
- Alarm.com Holdings, Inc. ALRM 0.45% → 0.13% -72.8% shares
Exits 1
- Ansys Inc was 1.34% sold out
Q1 2022 · Filed Book as of 2022-03-31
What changed
Akre Capital Management exited 1 (largest: SBA Communications, 3.5% before), cut Alarm.com Holdings, Inc. by 51% and added 2% to Adobe Inc.. Top 10 = 82% of reported value; turnover 7.4%.
Coverage caveat. This Filed Book covers 98.5% of the fund's reported value.
New Buys 0
none
Adds 1 · weight before → after
- Adobe Inc. ADBE 5.03% → 4.94% +2.4% shares
Trims 3 · weight before → after
- Alarm.com Holdings, Inc. ALRM 0.97% → 0.45% -51.0% shares
- Berkshire Hathaway BRK-B 0.03% → 0.04% -6.2% shares
- Dollar Tree DLTR 2.16% → 0.04% -98.8% shares
Exits 1
- SBA Communications SBAC was 3.49% sold out
Q4 2021 · Filed Book as of 2021-12-31
What changed
Akre Capital Management exited 1 (largest: Ollie's Bargain Outlet Holdings, Inc., 0.2% before), cut SBA Communications by 20% and added 2% to CarMax. Top 10 = 76% of reported value; turnover 3.3%.
Coverage caveat. This Filed Book covers 96.2% of the fund's reported value.
New Buys 0
none
Adds 1 · weight before → after
- CarMax KMX 5.60% → 5.51% +2.5% shares
Trims 2 · weight before → after
- SBA Communications SBAC 3.93% → 3.49% -19.8% shares
- Dollar Tree DLTR 2.11% → 2.16% -26.0% shares
Exits 1
- Ollie's Bargain Outlet Holdings, Inc. OLLI was 0.19% sold out
Q3 2021 · Filed Book as of 2021-09-30
What changed
Akre Capital Management exited 2 (largest: Markel Group Inc, 0.1% before) and cut Berkshire Hathaway by 2%. Top 10 = 76% of reported value; turnover 2.4%.
New Buys 0
none
Adds 0 · weight before → after
none
Trims 1 · weight before → after
- Berkshire Hathaway BRK-B 0.03% → 0.03% -2.5% shares
Exits 2
- Markel Group Inc MKL was 0.10% sold out
- Brookfield Asset Mgmt Reins was 0.03% sold out
Q2 2021 · Filed Book as of 2021-06-30
What changed
Akre Capital Management opened 3 new positions (largest: Salesforce, 4.2%), exited 2 (largest: Live Nation Entertainment, 3.1% before), cut Roper Technologies by 4% and added 20% to Goosehead Insurance, Inc.. Top 10 = 77% of reported value; turnover 7.7%.
New Buys 3
- Salesforce CRM 4.21% new
- Digitalbridge Group Inc 0.51% new
- Brookfield Asset Mgmt Reins 0.03% new
Adds 1 · weight before → after
- Goosehead Insurance, Inc. GSHD 0.18% → 0.23% +20.5% shares
Trims 3 · weight before → after
- Roper Technologies ROP 4.77% → 4.82% -4.1% shares
- SBA Communications SBAC 4.32% → 3.79% -15.5% shares
- ThredUp Inc. TDUP 0.03% → <0.01% -88.8% shares
Exits 2
- Live Nation Entertainment LYV was 3.15% sold out
- Colony Cap Inc was 0.46% sold out
Q1 2021 · Filed Book as of 2021-03-31
What changed
Akre Capital Management opened 1 new position (largest: ThredUp Inc., 0.03%), exited 5 (largest: Descartes Systems Group Inc, 0.08% before), cut CarMax by 5% and added 34% to Adobe Inc.. Top 10 = 77% of reported value; turnover 5.6%.
New Buys 1
- ThredUp Inc. TDUP 0.03% new
Adds 1 · weight before → after
- Adobe Inc. ADBE 3.85% → 4.95% +34.2% shares
Trims 7 · weight before → after
- CarMax KMX 4.77% → 6.43% -4.9% shares
- O'Reilly Automotive ORLY 5.63% → 5.46% -14.0% shares
- Roper Technologies ROP 5.57% → 4.77% -9.3% shares
- SBA Communications SBAC 4.70% → 4.32% -7.3% shares
- Dollar Tree DLTR 3.30% → 2.80% -20.7% shares
- Markel Group Inc MKL 2.17% → 0.11% -95.6% shares
- Berkshire Hathaway BRK-B 0.03% → 0.03% -3.6% shares
Exits 5
- Descartes Systems Group Inc DSGX was 0.08% sold out
- Lamar Advertising Co/ LAMR was 0.03% sold out
- Berkshire Hathaway Inc BRK-A was 0.01% sold out
- Primo Wtr Corp was <0.01% sold out
- The Trade Desk TTD was <0.01% sold out
Q4 2020 · Filed Book as of 2020-12-31
What changed
Akre Capital Management opened 1 new position (largest: Primo Wtr Corp, <0.01%), exited 1 (largest: Primo Water Corporation, 0.06% before) and cut Brookfield Asset Mgmt Inc by 4%. Top 10 = 75% of reported value; turnover 4.2%.
New Buys 1
- Primo Wtr Corp <0.01% new
Adds 0 · weight before → after
none
Trims 2 · weight before → after
- Brookfield Asset Mgmt Inc 3.16% → 3.64% -3.7% shares
- Markel Group Inc MKL 3.26% → 2.17% -34.5% shares
Exits 1
- Primo Water Corporation was 0.06% sold out
Q3 2020 · Filed Book as of 2020-09-30
What changed
Akre Capital Management opened 2 new positions (largest: Primo Water Corporation, 0.06%), exited 2 (largest: Primo Wtr Corp, 0.1% before), cut CarMax by 8% and added 10% to Roper Technologies. Top 10 = 76% of reported value; turnover 3.5%.
New Buys 2
- Primo Water Corporation 0.06% new
- The Trade Desk TTD <0.01% new
Adds 5 · weight before → after
- Roper Technologies ROP 5.07% → 5.33% +10.3% shares
- Brookfield Asset Mgmt Inc 2.85% → 3.16% +17.7% shares
- Alarm.com Holdings, Inc. ALRM 0.87% → 0.77% +11.0% shares
- Colony Cap Inc 0.03% → 0.21% +613.7% shares
- Goosehead Insurance, Inc. GSHD 0.11% → 0.15% +29.0% shares
Trims 4 · weight before → after
- CarMax KMX 5.50% → 4.85% -8.3% shares
- Markel Group Inc MKL 3.41% → 3.26% -3.3% shares
- Live Nation Entertainment LYV 1.87% → 2.08% -2.1% shares
- Berkshire Hathaway BRK-B 0.06% → 0.03% -60.0% shares
Exits 2
- Primo Wtr Corp was 0.11% sold out
- Marriott International MAR was <0.01% sold out
Q2 2020 · Filed Book as of 2020-06-30
What changed
Akre Capital Management cut Primo Wtr Corp by 31% and added 118% to CoStar Group. Top 10 = 77% of reported value; turnover 5.5%.
New Buys 0
none
Adds 5 · weight before → after
- CoStar Group CSGP 2.50% → 5.11% +118.0% shares
- KKR & Co. KKR 3.23% → 3.42% +3.8% shares
- Brookfield Asset Mgmt Inc 3.09% → 2.85% +59.9% shares
- Ansys Inc 1.06% → 1.34% +30.1% shares
- Goosehead Insurance, Inc. GSHD 0.07% → 0.11% +9.6% shares
Trims 1 · weight before → after
- Primo Wtr Corp 0.14% → 0.11% -31.1% shares
Exits 0
none
Q1 2020 · Filed Book as of 2020-03-31
What changed
Akre Capital Management opened 3 new positions (largest: Adobe Inc., 3.5%), cut American Tower by 2% and added 9% to Mastercard. Top 10 = 78% of reported value; turnover 9.1%.
New Buys 3
- Adobe Inc. ADBE 3.52% new
- Live Nation Entertainment LYV 2.42% new
- Marriott International MAR 0.01% new
Adds 12 · weight before → after
- Mastercard MA 14.59% → 13.58% +8.6% shares
- Visa Inc. V 8.42% → 8.21% +7.3% shares
- Roper Technologies ROP 5.09% → 5.17% +8.8% shares
- CarMax KMX 5.42% → 4.28% +21.4% shares
- KKR & Co. KKR 3.41% → 3.23% +11.2% shares
- Brookfield Asset Mgmt Inc 3.31% → 3.09% +15.1% shares
- CoStar Group CSGP 1.37% → 2.50% +75.3% shares
- Ansys Inc 0.39% → 1.06% +186.2% shares
- Alarm.com Holdings, Inc. ALRM 0.63% → 0.67% +10.2% shares
- Ollie's Bargain Outlet Holdings, Inc. OLLI 0.06% → 0.23% +369.8% shares
- Descartes Systems Group Inc DSGX 0.02% → 0.07% +314.6% shares
- Colony Cap Inc <0.01% → 0.03% +14883.8% shares
Trims 8 · weight before → after
- American Tower AMT 15.14% → 14.90% -2.0% shares
- O'Reilly Automotive ORLY 7.58% → 5.39% -2.3% shares
- Markel Group Inc MKL 5.38% → 4.48% -3.0% shares
- Verisk Analytics VRSK 3.48% → 3.32% -3.7% shares
- Dollar Tree DLTR 4.39% → 3.25% -10.5% shares
- Primo Wtr Corp 0.33% → 0.14% -50.9% shares
- Berkshire Hathaway BRK-B 0.59% → 0.08% -83.5% shares
- Berkshire Hathaway Inc BRK-A 0.13% → 0.01% -92.9% shares
Exits 0
none
Q4 2019 · Filed Book as of 2019-12-31
What changed
Akre Capital Management opened 2 new positions (largest: CoStar Group, 1.4%), exited 2 (largest: Enstar Group Limited, 0.01% before) and added 7% to CarMax. Top 10 = 84% of reported value; turnover 3.9%.
New Buys 2
- CoStar Group CSGP 1.37% new
- Ansys Inc 0.39% new
Adds 6 · weight before → after
- CarMax KMX 5.45% → 5.42% +7.4% shares
- Brookfield Asset Mgmt Inc 2.79% → 3.31% +17.4% shares
- Alarm.com Holdings, Inc. ALRM 0.63% → 0.63% +17.5% shares
- Primo Wtr Corp 0.37% → 0.33% +5.4% shares
- Goosehead Insurance, Inc. GSHD 0.05% → 0.07% +69.6% shares
- Ollie's Bargain Outlet Holdings, Inc. OLLI 0.06% → 0.06% +6.4% shares
Trims 0 · weight before → after
none
Exits 2
- Enstar Group Limited was 0.01% sold out
- Boston Omaha Corp BOC was <0.01% sold out
Q3 2019 · Filed Book as of 2019-09-30
What changed
Akre Capital Management opened 4 new positions (largest: Brookfield Asset Mgmt Inc, 2.8%), exited 3 (largest: Ubiquiti Networks Inc, 2.8% before), cut Enstar Group Limited by 98% and added 3% to CarMax. Top 10 = 86% of reported value; turnover 5.6%.
New Buys 4
- Brookfield Asset Mgmt Inc 2.79% new
- Ollie's Bargain Outlet Holdings, Inc. OLLI 0.06% new
- Descartes Systems Group Inc DSGX 0.02% new
- Colony Cap Inc <0.01% new
Adds 2 · weight before → after
- CarMax KMX 5.35% → 5.45% +3.4% shares
- Alarm.com Holdings, Inc. ALRM 0.33% → 0.63% +127.7% shares
Trims 2 · weight before → after
- Enstar Group Limited 0.24% → 0.01% -97.9% shares
- Boston Omaha Corp BOC 0.06% → <0.01% -91.1% shares
Exits 3
- Ubiquiti Networks Inc was 2.82% sold out
- Td Ameritrade Hldg Corp was 1.70% sold out
- Diamond Hill Investment Grou was 0.08% sold out
Q2 2019 · Filed Book as of 2019-06-30
What changed
Akre Capital Management exited 1 (largest: Focus Finl Partners Inc, 1.1% before), cut Ubiquiti Networks Inc by 21% and added 7% to Primo Wtr Corp. Top 10 = 84% of reported value; turnover 4.2%.
New Buys 0
none
Adds 2 · weight before → after
- Primo Wtr Corp 0.47% → 0.38% +6.7% shares
- Goosehead Insurance, Inc. GSHD 0.01% → 0.05% +164.8% shares
Trims 2 · weight before → after
- Ubiquiti Networks Inc 4.23% → 2.82% -21.2% shares
- Enstar Group Limited 0.84% → 0.24% -70.1% shares
Exits 1
- Focus Finl Partners Inc was 1.12% sold out
Q1 2019 · Filed Book as of 2019-03-31
What changed
Akre Capital Management cut Enstar Group Limited by 49% and added 5% to CarMax. Top 10 = 81% of reported value; turnover 3.9%.
New Buys 0
none
Adds 2 · weight before → after
- CarMax KMX 4.59% → 4.48% +5.2% shares
- Goosehead Insurance, Inc. GSHD <0.01% → 0.01% +224.0% shares
Trims 2 · weight before → after
- Enstar Group Limited 1.90% → 0.84% -49.1% shares
- Diamond Hill Investment Grou 0.12% → 0.08% -13.9% shares
Exits 0
none
Q4 2018 · Filed Book as of 2018-12-31
What changed
Akre Capital Management opened 1 new position (largest: Goosehead Insurance, Inc., <0.01%), cut Enstar Group Limited by 24% and added 10% to CarMax. Top 10 = 81% of reported value; turnover 4.8%.
New Buys 1
- Goosehead Insurance, Inc. GSHD <0.01% new
Adds 4 · weight before → after
- CarMax KMX 4.58% → 4.59% +9.9% shares
- KKR & Co. KKR 3.18% → 3.14% +26.5% shares
- Td Ameritrade Hldg Corp 1.83% → 2.08% +12.9% shares
- Focus Finl Partners Inc 1.52% → 0.99% +8.0% shares
Trims 2 · weight before → after
- Enstar Group Limited 2.85% → 1.90% -23.6% shares
- Boston Omaha Corp BOC 0.09% → 0.07% -8.1% shares
Exits 0
none
Q3 2018 · Filed Book as of 2018-09-30
What changed
Akre Capital Management opened 1 new position (largest: Focus Finl Partners Inc, 1.5%) and cut Enstar Group Limited by 11%. Top 10 = 80% of reported value; turnover 4.3%.
New Buys 1
- Focus Finl Partners Inc 1.52% new
Adds 0 · weight before → after
none
Trims 2 · weight before → after
- Enstar Group Limited 3.45% → 2.85% -11.2% shares
- Boston Omaha Corp BOC 0.09% → 0.09% -24.6% shares
Exits 0
none
Q2 2018 · Filed Book as of 2018-06-30
What changed
Akre Capital Management opened 1 new position (largest: KKR & Co., 3.1%), exited 2 (largest: LKQ Corporation, 1.6% before), cut Enstar Group Limited by 6% and added 4% to Dollar Tree. Top 10 = 81% of reported value; turnover 6.7%.
New Buys 1
- KKR & Co. KKR 3.14% new
Adds 3 · weight before → after
- Dollar Tree DLTR 6.02% → 5.40% +4.0% shares
- Primo Wtr Corp 0.29% → 0.63% +48.6% shares
- Alarm.com Holdings, Inc. ALRM 0.24% → 0.31% +24.3% shares
Trims 2 · weight before → after
- Enstar Group Limited 3.88% → 3.45% -6.3% shares
- Diamond Hill Investment Grou 0.39% → 0.16% -54.7% shares
Exits 2
- LKQ Corporation LKQ was 1.57% sold out
- KKR & Co L P was 1.28% sold out
Q1 2018 · Filed Book as of 2018-03-31
What changed
Akre Capital Management opened 1 new position (largest: KKR & Co L P, 1.3%), exited 1 (largest: American Tower Corp, 0.6% before), cut Enstar Group Limited by 3% and added 4% to American Tower. Top 10 = 81% of reported value; turnover 3.3%.
New Buys 1
- KKR & Co L P 1.28% new
Adds 2 · weight before → after
- American Tower AMT 13.41% → 13.46% +3.9% shares
- Alarm.com Holdings, Inc. ALRM 0.24% → 0.24% +3.6% shares
Trims 1 · weight before → after
- Enstar Group Limited 4.02% → 3.88% -2.9% shares
Exits 1
- American Tower Corp was 0.55% sold out
Q4 2017 · Filed Book as of 2017-12-31
What changed
Akre Capital Management exited 2 (largest: Monro, Inc, 1.3% before) and added 12% to Primo Wtr Corp. Top 10 = 81% of reported value; turnover 3.4%.
New Buys 0
none
Adds 2 · weight before → after
- Primo Wtr Corp 0.30% → 0.33% +12.2% shares
- Alarm.com Holdings, Inc. ALRM 0.26% → 0.24% +16.7% shares
Trims 0 · weight before → after
none
Exits 2
- Monro, Inc MNRO was 1.31% sold out
- CSX Corporation CSX was <0.01% sold out
Q3 2017 · Filed Book as of 2017-09-30
What changed
Akre Capital Management exited 2 (largest: Bank Amer Corp, 0.1% before), cut LKQ Corporation by 11% and added 59% to O'Reilly Automotive. Top 10 = 80% of reported value; turnover 3.8%.
New Buys 0
none
Adds 1 · weight before → after
- O'Reilly Automotive ORLY 4.24% → 5.96% +58.7% shares
Trims 3 · weight before → after
- LKQ Corporation LKQ 1.90% → 1.66% -11.3% shares
- Berkshire Hathaway BRK-B 1.08% → 0.77% -26.5% shares
- American Tower Corp 1.01% → 0.56% -38.9% shares
Exits 2
- Bank Amer Corp was 0.14% sold out
- Wmih Corp was 0.03% sold out
Q2 2017 · Filed Book as of 2017-06-30
What changed
Akre Capital Management opened 1 new position (largest: Boston Omaha Corp, 0.08%), exited 3 (largest: Colfax Corp, 3.0% before), cut American Tower Corp by 16% and added 16% to Dollar Tree. Top 10 = 79% of reported value; turnover 6.0%.
New Buys 1
- Boston Omaha Corp BOC 0.08% new
Adds 2 · weight before → after
- Dollar Tree DLTR 5.41% → 5.51% +15.5% shares
- O'Reilly Automotive ORLY 3.66% → 4.24% +44.6% shares
Trims 1 · weight before → after
- American Tower Corp 1.13% → 1.01% -16.3% shares
Exits 3
- Colfax Corp was 3.03% sold out
- Dollar General DG was 1.72% sold out
- Fortive FTV was 0.74% sold out
Q1 2017 · Filed Book as of 2017-03-31
What changed
Akre Capital Management opened 1 new position (largest: Bank Amer Corp, 0.1%), exited 4 (largest: Duluth Holdings Inc, 0.2% before), cut Berkshire Hathaway Inc by 19% and added 22% to Moody's Corporation. Top 10 = 74% of reported value; turnover 6.1%.
New Buys 1
- Bank Amer Corp 0.14% new
Adds 4 · weight before → after
- Moody's Corporation MCO 8.06% → 10.46% +21.9% shares
- Mastercard MA 8.90% → 9.85% +13.4% shares
- Visa Inc. V 5.18% → 7.14% +35.0% shares
- Monro, Inc MNRO 1.60% → 1.37% +4.9% shares
Trims 2 · weight before → after
- Berkshire Hathaway Inc BRK-A 0.23% → 0.17% -19.2% shares
- CSX Corporation CSX 0.03% → <0.01% -87.4% shares
Exits 4
- Duluth Holdings Inc DLTH was 0.16% sold out
- Bank of America Corporation was 0.06% sold out
- American Intl Group Inc was 0.05% sold out
- Walt Disney Company (The) DIS was 0.01% sold out
Q4 2016 · Filed Book as of 2016-12-31
What changed
Akre Capital Management opened 2 new positions (largest: Dollar General, 2.0%), exited 1 (largest: Crown Castle Intl Corp, 0.04% before), cut Colfax Corp by 23% and added 6% to American Tower. Top 10 = 71% of reported value; turnover 5.1%.
New Buys 2
- Dollar General DG 2.04% new
- Walt Disney Company (The) DIS 0.01% new
Adds 6 · weight before → after
- American Tower AMT 13.71% → 12.98% +6.4% shares
- Moody's Corporation MCO 8.40% → 8.06% +15.4% shares
- CarMax KMX 5.08% → 6.09% +4.0% shares
- SBA Communications SBAC 4.02% → 4.67% +32.2% shares
- Danaher Corporation DHR 2.26% → 2.36% +10.4% shares
- American Intl Group Inc 0.04% → 0.05% +2.0% shares
Trims 2 · weight before → after
- Colfax Corp 3.68% → 3.10% -23.0% shares
- Wmih Corp 0.07% → 0.04% -2.7% shares
Exits 1
- Crown Castle Intl Corp was 0.04% sold out
Q3 2016 · Filed Book as of 2016-09-30
What changed
Akre Capital Management opened 1 new position (largest: Fortive, 0.7%), exited 1 (largest: Ansys Inc, 0.2% before), cut Danaher Corporation by 24% and added 4% to Roper Technologies. Top 10 = 72% of reported value; turnover 4.8%.
New Buys 1
- Fortive FTV 0.73% new
Adds 1 · weight before → after
- Roper Technologies ROP 5.15% → 5.47% +4.1% shares
Trims 1 · weight before → after
- Danaher Corporation DHR 3.05% → 2.26% -24.2% shares
Exits 1
- Ansys Inc was 0.18% sold out
Q2 2016 · Filed Book as of 2016-06-30
What changed
Akre Capital Management exited 1 (largest: Arlington Asset Invt Corp, <0.01% before), cut Colfax Corp by 20% and added 58% to Visa Inc.. Top 10 = 73% of reported value; turnover 4.3%.
New Buys 0
none
Adds 4 · weight before → after
- Visa Inc. V 3.68% → 5.40% +58.1% shares
- Roper Technologies ROP 5.05% → 5.15% +14.3% shares
- CarMax KMX 4.65% → 4.90% +14.8% shares
- LKQ Corporation LKQ 2.29% → 2.27% +4.4% shares
Trims 3 · weight before → after
- Colfax Corp 4.59% → 3.25% -20.0% shares
- Lamar Advertising Co/ LAMR 0.07% → 0.07% -5.2% shares
- American Intl Group Inc 0.06% → 0.04% -29.6% shares
Exits 1
- Arlington Asset Invt Corp was <0.01% sold out
Q1 2016 · Filed Book as of 2016-03-31
What changed
Akre Capital Management cut Roper Technologies by 3% and added 10% to Moody's Corporation. Top 10 = 72% of reported value; turnover 3.1%.
New Buys 0
none
Adds 6 · weight before → after
- Moody's Corporation MCO 8.15% → 8.17% +9.8% shares
- Enstar Group Limited 3.92% → 4.97% +23.5% shares
- CarMax KMX 4.10% → 4.65% +26.4% shares
- Colfax Corp 3.81% → 4.59% +3.8% shares
- SBA Communications SBAC 4.20% → 3.93% +3.6% shares
- LKQ Corporation LKQ 2.09% → 2.29% +7.2% shares
Trims 3 · weight before → after
- Roper Technologies ROP 5.69% → 5.05% -2.8% shares
- Lamar Advertising Co/ LAMR 0.07% → 0.07% -5.5% shares
- CSX Corporation CSX 0.02% → 0.02% -4.7% shares
Exits 0
none
Q4 2015 · Filed Book as of 2015-12-31
What changed
Akre Capital Management opened 1 new position (largest: Duluth Holdings Inc, 0.1%), exited 2 (largest: Live Nation Entertainment, 3.5% before), cut Td Ameritrade Hldg Corp by 8% and added 21% to Verisk Analytics. Top 10 = 72% of reported value; turnover 6.3%.
New Buys 1
- Duluth Holdings Inc DLTH 0.11% new
Adds 6 · weight before → after
- Verisk Analytics VRSK 3.67% → 4.41% +20.6% shares
- SBA Communications SBAC 3.28% → 4.20% +33.3% shares
- CarMax KMX 3.82% → 4.10% +23.2% shares
- Enstar Group Limited 3.65% → 3.92% +12.1% shares
- Colfax Corp 4.88% → 3.81% +4.5% shares
- LKQ Corporation LKQ 1.69% → 2.09% +23.2% shares
Trims 4 · weight before → after
- Td Ameritrade Hldg Corp 2.38% → 2.29% -8.0% shares
- Berkshire Hathaway BRK-B 1.24% → 1.13% -6.1% shares
- Primo Wtr Corp 0.30% → 0.30% -2.7% shares
- American Intl Group Inc 0.27% → 0.08% -71.1% shares
Exits 2
- Live Nation Entertainment LYV was 3.49% sold out
- LPL Financial Holdings Inc. LPLA was 0.69% sold out
Q3 2015 · Filed Book as of 2015-09-30
What changed
Akre Capital Management opened 1 new position (largest: Wmih Corp, 0.09%), exited 3 (largest: Nustar Gp Holdings LLC, 0.03% before), cut LPL Financial Holdings Inc. by 43% and added 20% to American Tower. Top 10 = 69% of reported value; turnover 6.1%.
New Buys 1
- Wmih Corp 0.09% new
Adds 15 · weight before → after
- American Tower AMT 11.85% → 12.86% +19.5% shares
- Mastercard MA 9.75% → 9.84% +8.7% shares
- Dollar Tree DLTR 6.76% → 6.41% +16.8% shares
- Roper Technologies ROP 5.30% → 4.90% +5.8% shares
- Colfax Corp 6.48% → 4.88% +20.7% shares
- CarMax KMX 2.71% → 3.82% +63.2% shares
- Verisk Analytics VRSK 3.48% → 3.67% +7.7% shares
- Enstar Group Limited 2.13% → 3.65% +84.2% shares
- SBA Communications SBAC 3.32% → 3.28% +12.5% shares
- Td Ameritrade Hldg Corp 2.80% → 2.38% +2.1% shares
- LKQ Corporation LKQ 0.51% → 1.69% +267.9% shares
- American Tower Corp 1.45% → 1.38% +2.7% shares
- Berkshire Hathaway BRK-B 1.03% → 1.24% +30.7% shares
- American Intl Group Inc 0.10% → 0.27% +239.9% shares
- Berkshire Hathaway Inc BRK-A 0.21% → 0.24% +23.3% shares
Trims 2 · weight before → after
- LPL Financial Holdings Inc. LPLA 1.48% → 0.69% -43.1% shares
- Lamar Advertising Co/ LAMR 0.09% → 0.07% -18.0% shares
Exits 3
- Nustar Gp Holdings LLC was 0.03% sold out
- Williams Companies WMB was 0.02% sold out
- Annaly Cap Mgmt Inc was <0.01% sold out
Q2 2015 · Filed Book as of 2015-06-30
What changed
Akre Capital Management opened 3 new positions (largest: LKQ Corporation, 0.5%), exited 2 (largest: Discovery Communicatns, 4.5% before), cut LPL Financial Holdings Inc. by 10% and added 32% to American Tower. Top 10 = 72% of reported value; turnover 7.2%.
New Buys 3
- LKQ Corporation LKQ 0.51% new
- Alarm.com Holdings, Inc. ALRM 0.15% new
- American Intl Group Inc 0.10% new
Adds 10 · weight before → after
- American Tower AMT 9.57% → 11.85% +31.6% shares
- O'Reilly Automotive ORLY 4.44% → 4.52% +2.5% shares
- Verisk Analytics VRSK 1.76% → 3.48% +104.4% shares
- Enstar Group Limited 1.87% → 2.13% +9.6% shares
- Ubiquiti Networks Inc 1.89% → 2.06% +6.2% shares
- American Tower Corp 0.26% → 1.45% +500.0% shares
- Berkshire Hathaway BRK-B 1.09% → 1.03% +5.7% shares
- Primo Wtr Corp 0.22% → 0.24% +2.4% shares
- Bank of America Corporation 0.11% → 0.11% +2.5% shares
- Nustar Gp Holdings LLC 0.02% → 0.03% +41.7% shares
Trims 4 · weight before → after
- LPL Financial Holdings Inc. LPLA 1.63% → 1.48% -10.0% shares
- Berkshire Hathaway Inc BRK-A 0.29% → 0.21% -17.3% shares
- CSX Corporation CSX 0.04% → 0.03% -5.1% shares
- Williams Companies WMB 0.02% → 0.02% -11.5% shares
Exits 2
- Discovery Communicatns was 4.50% sold out
- Markwest Energy Partners L P was 0.01% sold out
Q1 2015 · Filed Book as of 2015-03-31
What changed
Akre Capital Management exited 1 (largest: Hartford (The), 0.06% before), cut LPL Financial Holdings Inc. by 15% and added 9% to Roper Technologies. Top 10 = 71% of reported value; turnover 4.1%.
New Buys 0
none
Adds 6 · weight before → after
- Roper Technologies ROP 4.72% → 5.46% +9.2% shares
- Discovery Communicatns 5.10% → 4.50% +4.7% shares
- Ubiquiti Networks Inc 1.44% → 1.89% +36.4% shares
- Verisk Analytics VRSK 1.35% → 1.76% +21.5% shares
- Primo Wtr Corp 0.19% → 0.22% +2.1% shares
- Bank of America Corporation 0.13% → 0.11% +2.2% shares
Trims 3 · weight before → after
- LPL Financial Holdings Inc. LPLA 2.01% → 1.63% -14.6% shares
- Nustar Gp Holdings LLC 0.03% → 0.02% -29.5% shares
- Markwest Energy Partners L P 0.01% → 0.01% -53.8% shares
Exits 1
- Hartford (The) HIG was 0.06% sold out
Q4 2014 · Filed Book as of 2014-12-31
What changed
Akre Capital Management exited 3 (largest: Apple Inc., 1.8% before), cut Danaher Corporation by 21% and added 12% to Colfax Corp. Top 10 = 71% of reported value; turnover 5.7%.
New Buys 0
none
Adds 6 · weight before → after
- Colfax Corp 8.35% → 7.88% +12.4% shares
- Roper Technologies ROP 4.52% → 4.72% +5.3% shares
- CarMax KMX 1.57% → 2.98% +42.3% shares
- Monro, Inc MNRO 1.73% → 2.29% +19.4% shares
- Enstar Group Limited 1.92% → 2.06% +3.2% shares
- Ubiquiti Networks Inc 0.96% → 1.44% +105.6% shares
Trims 3 · weight before → after
- Danaher Corporation DHR 4.10% → 3.39% -21.1% shares
- Hartford (The) HIG 0.32% → 0.06% -83.4% shares
- Annaly Cap Mgmt Inc 0.02% → 0.01% -59.9% shares
Exits 3
- Apple Inc. AAPL was 1.82% sold out
- Leucadia Natl Corp was 0.07% sold out
- TransDigm Group TDG was 0.05% sold out
Q3 2014 · Filed Book as of 2014-09-30
What changed
Akre Capital Management opened 1 new position (largest: Ubiquiti Networks Inc, 1.0%), exited 1 (largest: Liberty Interactive Corp, 0.4% before), cut Hartford (The) by 3% and added 3% to Markel Group Inc. Top 10 = 71% of reported value; turnover 6.1%.
New Buys 1
- Ubiquiti Networks Inc 0.96% new
Adds 7 · weight before → after
- Markel Group Inc MKL 9.40% → 9.18% +3.2% shares
- Roper Technologies ROP 2.89% → 4.52% +59.6% shares
- Danaher Corporation DHR 3.43% → 4.10% +26.7% shares
- Monro, Inc MNRO 0.77% → 1.73% +152.0% shares
- CarMax KMX 0.91% → 1.57% +99.2% shares
- Primo Wtr Corp 0.22% → 0.20% +3.1% shares
- Crown Castle Intl Corp 0.05% → 0.06% +27.4% shares
Trims 3 · weight before → after
- Hartford (The) HIG 0.33% → 0.32% -2.8% shares
- Leucadia Natl Corp 0.10% → 0.07% -24.0% shares
- Markwest Energy Partners L P 1.47% → 0.02% -99.0% shares
Exits 1
- Liberty Interactive Corp was 0.39% sold out
Q2 2014 · Filed Book as of 2014-06-30
What changed
Akre Capital Management opened 2 new positions (largest: American Tower Corp, 0.3%), exited 5 (largest: Ross Stores, 3.7% before), cut Leucadia Natl Corp by 94% and added 30% to Markel Group Inc. Top 10 = 72% of reported value; turnover 11.6%.
New Buys 2
- American Tower Corp 0.31% new
- Crown Castle Intl Corp 0.05% new
Adds 9 · weight before → after
- Markel Group Inc MKL 7.27% → 9.40% +29.5% shares
- Mastercard MA 9.47% → 9.13% +8.0% shares
- Discovery Communicatns 4.40% → 6.05% +60.8% shares
- Dollar Tree DLTR 4.98% → 5.51% +16.7% shares
- SBA Communications SBAC 2.84% → 3.57% +22.7% shares
- Danaher Corporation DHR 0.72% → 3.43% +400.0% shares
- Roper Technologies ROP 0.34% → 2.89% +763.2% shares
- CarMax KMX 0.30% → 0.91% +200.0% shares
- Ansys Inc 0.23% → 0.22% +5.8% shares
Trims 3 · weight before → after
- Leucadia Natl Corp 1.79% → 0.10% -93.5% shares
- CSX Corporation CSX 0.05% → 0.04% -14.1% shares
- Williams Companies WMB 0.02% → 0.03% -3.4% shares
Exits 5
- Ross Stores ROST was 3.73% sold out
- Equinix EQIX was 1.26% sold out
- Directv was 1.22% sold out
- FactSet FDS was 0.45% sold out
- ExxonMobil XOM was 0.01% sold out
Q1 2014 · Filed Book as of 2014-03-31
What changed
Akre Capital Management opened 3 new positions (largest: SBA Communications, 2.8%), cut Ross Stores by 10% and added 22% to Colfax Corp. Top 10 = 70% of reported value; turnover 10.4%.
New Buys 3
- SBA Communications SBAC 2.84% new
- Roper Technologies ROP 0.34% new
- ExxonMobil XOM 0.01% new
Adds 12 · weight before → after
- Colfax Corp 9.96% → 11.78% +22.2% shares
- American Tower AMT 9.83% → 10.55% +21.1% shares
- Dollar Tree DLTR 6.11% → 4.98% +2.0% shares
- Live Nation Entertainment LYV 3.34% → 4.42% +39.3% shares
- Discovery Communicatns 1.24% → 4.40% +346.0% shares
- Visa Inc. V 4.14% → 3.94% +13.5% shares
- Berkshire Hathaway BRK-B 1.33% → 1.25% +3.0% shares
- Danaher Corporation DHR 0.80% → 0.72% +7.1% shares
- Liberty Interactive Corp 0.20% → 0.38% +100.0% shares
- CarMax KMX 0.17% → 0.30% +100.0% shares
- Ansys Inc 0.16% → 0.23% +89.6% shares
- Nustar Gp Holdings LLC 0.02% → 0.03% +17.8% shares
Trims 5 · weight before → after
- Ross Stores ROST 5.03% → 3.73% -10.0% shares
- Equinix EQIX 1.46% → 1.26% -4.5% shares
- Berkshire Hathaway Inc BRK-A 0.39% → 0.31% -11.9% shares
- Williams Companies WMB 0.03% → 0.02% -3.7% shares
- Annaly Cap Mgmt Inc 0.02% → 0.02% -2.6% shares
Exits 0
none
Q4 2013 · Filed Book as of 2013-12-31
What changed
Akre Capital Management opened 5 new positions (largest: Danaher Corporation, 0.8%), exited 1 (largest: Nustar Energy LP, 1.7% before), cut Directv by 71% and added 8% to Colfax Corp. Top 10 = 73% of reported value; turnover 7.0%.
New Buys 5
- Danaher Corporation DHR 0.80% new
- Liberty Interactive Corp 0.20% new
- CarMax KMX 0.17% new
- Lamar Advertising Co/ LAMR 0.13% new
- Arlington Asset Invt Corp 0.01% new
Adds 9 · weight before → after
- Colfax Corp 9.43% → 9.96% +8.0% shares
- American Tower AMT 8.95% → 9.83% +17.6% shares
- Markel Group Inc MKL 7.71% → 8.18% +9.1% shares
- Dollar Tree DLTR 5.91% → 6.11% +20.6% shares
- Ross Stores ROST 4.76% → 5.03% +18.2% shares
- Live Nation Entertainment LYV 2.57% → 3.34% +40.3% shares
- Markwest Energy Partners L P 0.94% → 1.73% +131.2% shares
- Equinix EQIX 0.96% → 1.46% +81.5% shares
- Annaly Cap Mgmt Inc 0.02% → 0.02% +4.7% shares
Trims 3 · weight before → after
- Directv 4.34% → 1.28% -70.6% shares
- CSX Corporation CSX 0.06% → 0.05% -2.2% shares
- Nustar Gp Holdings LLC 0.06% → 0.02% -59.3% shares
Exits 1
- Nustar Energy LP was 1.74% sold out
Q3 2013 · Filed Book as of 2013-09-30
What changed
Akre Capital Management opened 2 new positions (largest: Equinix, 1.0%), exited 4 (largest: Sears Hldgs Corp, 0.6% before), cut Ross Stores by 6% and added 48% to American Tower. Top 10 = 72% of reported value; turnover 9.7%.
New Buys 2
- Equinix EQIX 0.96% new
- Williams Companies WMB 0.03% new
Adds 4 · weight before → after
- American Tower AMT 6.32% → 8.95% +48.1% shares
- Markel Group Inc MKL 5.87% → 7.71% +41.8% shares
- Markwest Energy Partners L P 0.40% → 0.94% +129.7% shares
- Annaly Cap Mgmt Inc 0.02% → 0.02% +46.9% shares
Trims 5 · weight before → after
- Ross Stores ROST 4.78% → 4.76% -6.0% shares
- Directv 9.09% → 4.34% -47.9% shares
- Nustar Energy LP 2.17% → 1.74% -3.0% shares
- Hartford (The) HIG 2.84% → 0.42% -84.2% shares
- Nustar Gp Holdings LLC 0.08% → 0.06% -13.0% shares
Exits 4
- Sears Hldgs Corp was 0.57% sold out
- America Movil Sab de Cv was 0.49% sold out
- Bank of America BAC was 0.47% sold out
- Enterprise Products Partners L.p EPD was 0.03% sold out
Q2 2013 · Filed Book as of 2013-06-30
What changed
Akre Capital Management reported 37 positions; the top 10 were 69% of reported value.
Oldest Filed Book in this series — there is no prior quarter to compare against, so every row is shown as Hold.
New Buys 0
none
Adds 0 · weight before → after
none
Trims 0 · weight before → after
none
Exits 0
none
All 53 Filed Books
Weight over time
- MA 20.0%
- MCO 10.3%
- BN 10.1%
- KKR 8.9%
- FICO 8.5%
- ROP 7.8%
- V 7.5%
- CSGP 6.5%
- CPRT 4.4%
- ORLY 3.9%
- Other 12.1%
Metrics over time
Positions
19 Q2 2026
range 17 – 42
Top-10 share
87.9% Q2 2026
range 69.0% – 96.2%
Turnover
6.3% Q2 2026
range 2.3% – 15.7%
Sources and caveats
- Every figure comes from Akre Capital Management's Form 13F filings on SEC EDGAR, parsed from the machine-readable information tables (available since mid-2013). A filing covers long positions in US-listed securities only — no shorts, cash, bonds, hedges or non-US holdings — so weights are shares of the reported book, not of the whole fund.
- Filings are due up to 45 days after quarter end and may be amended later; the data shown is the latest effective version of each Filed Book. A Filing Change is classified on split-adjusted shares held (±2% band for Hold), never on weight.
- Share changes can reflect corporate actions such as mergers or exchanges, not only purchases or sales.
- Some quarters carry a coverage caveat: part of the book was omitted under confidential treatment or the parsed table covers less than 99% of the reported total. Those quarters say so above their holdings.
- A ticker shown as "—" means the issuer could not be mapped to a listed ticker; the name is as reported in the filing.
- An asterisk (*) on a share change means a stock split was inferred from the filing rather than confirmed from market data.
- algo2alpha has no affiliation with Akre Capital Management or its managers. Nothing here is investment advice or a recommendation to buy or sell any security. Reported values are at fund scale in USD billions; share counts are never shown.
All 53 filings on EDGAR
- Q2 2026 filed 14 Aug 2026 13F ↗
- Q1 2026 filed 14 May 2026 13F ↗
- Q4 2025 filed 13 Feb 2026 13F ↗
- Q3 2025 filed 13 Nov 2025 13F ↗
- Q2 2025 filed 14 Aug 2025 13F ↗
- Q1 2025 filed 13 May 2025 13F ↗
- Q4 2024 filed 13 Feb 2025 13F ↗
- Q3 2024 filed 13 Nov 2024 13F ↗
- Q2 2024 filed 13 Aug 2024 13F ↗
- Q1 2024 filed 13 May 2024 13F ↗ · 13F/A 1 ↗
- Q4 2023 filed 9 Feb 2024 13F ↗
- Q3 2023 filed 13 Nov 2023 13F ↗
- Q2 2023 filed 11 Aug 2023 13F ↗
- Q1 2023 filed 12 May 2023 13F ↗
- Q4 2022 filed 13 Feb 2023 13F ↗
- Q3 2022 filed 14 Nov 2022 13F ↗
- Q2 2022 filed 11 Aug 2022 13F ↗
- Q1 2022 filed 13 May 2022 13F ↗
- Q4 2021 filed 11 Feb 2022 13F ↗
- Q3 2021 filed 12 Nov 2021 13F ↗
- Q2 2021 filed 13 Aug 2021 13F ↗
- Q1 2021 filed 13 May 2021 13F ↗ · 13F/A 1 ↗
- Q4 2020 filed 10 Feb 2021 13F ↗
- Q3 2020 filed 13 Nov 2020 13F ↗
- Q2 2020 filed 11 Aug 2020 13F ↗
- Q1 2020 filed 11 May 2020 13F ↗
- Q4 2019 filed 14 Feb 2020 13F ↗
- Q3 2019 filed 13 Nov 2019 13F ↗
- Q2 2019 filed 13 Aug 2019 13F ↗
- Q1 2019 filed 13 May 2019 13F ↗
- Q4 2018 filed 14 Feb 2019 13F ↗
- Q3 2018 filed 15 Nov 2018 13F ↗
- Q2 2018 filed 14 Aug 2018 13F ↗
- Q1 2018 filed 15 May 2018 13F ↗
- Q4 2017 filed 14 Feb 2018 13F ↗
- Q3 2017 filed 14 Nov 2017 13F ↗
- Q2 2017 filed 14 Aug 2017 13F ↗
- Q1 2017 filed 15 May 2017 13F ↗
- Q4 2016 filed 13 Feb 2017 13F ↗ · 13F/A 1 ↗
- Q3 2016 filed 15 Nov 2016 13F ↗
- Q2 2016 filed 12 Aug 2016 13F ↗ · 13F/A 1 ↗
- Q1 2016 filed 13 May 2016 13F ↗
- Q4 2015 filed 12 Feb 2016 13F ↗
- Q3 2015 filed 12 Nov 2015 13F ↗
- Q2 2015 filed 14 Aug 2015 13F ↗
- Q1 2015 filed 14 May 2015 13F ↗ · 13F/A 1 ↗
- Q4 2014 filed 13 Feb 2015 13F ↗
- Q3 2014 filed 13 Nov 2014 13F ↗
- Q2 2014 filed 13 Aug 2014 13F ↗
- Q1 2014 filed 13 May 2014 13F ↗
- Q4 2013 filed 12 Feb 2014 13F ↗ · 13F/A 1 ↗
- Q3 2013 filed 13 Nov 2013 13F ↗
- Q2 2013 filed 14 Aug 2013 13F ↗