Akre Capital Management - Q2 2023 holdings

$12 Billion is the total value of Akre Capital Management's 19 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 5.0% .

 Value Shares↓ Weighting
MA  MASTERCARD INCORPORATEDcl a$2,308,458,225
+8.2%
5,869,4590.0%19.23%
+2.5%
MCO SellMOODYS CORP$1,836,386,862
+5.2%
5,281,223
-7.4%
15.30%
-0.4%
AMT SellAMERICAN TOWER CORP NEW$1,308,115,021
-8.5%
6,744,947
-3.6%
10.90%
-13.4%
V  VISA INC$1,168,909,332
+5.3%
4,922,1380.0%9.74%
-0.3%
ORLY SellOREILLY AUTOMOTIVE INC$1,063,968,241
+6.0%
1,113,753
-5.8%
8.86%
+0.4%
KKR BuyKKR & CO L P DEL$853,096,583
+7.0%
15,233,868
+0.4%
7.11%
+1.3%
ROP  ROPER TECHNOLOGIES INC$796,024,500
+9.1%
1,655,6250.0%6.63%
+3.3%
CSGP  COSTAR GROUP INC$632,917,270
+29.3%
7,111,4300.0%5.27%
+22.4%
BuyBROOKFIELD CORPcl a ltd vt sh$615,940,132
+3.9%
18,304,313
+0.6%
5.13%
-1.6%
ADBE SellADOBE SYSTEMS INCORPORATED$520,324,968
+12.6%
1,064,081
-11.3%
4.34%
+6.6%
DHR BuyDANAHER CORPORATION$429,672,000
-4.7%
1,790,300
+0.1%
3.58%
-9.8%
KMX SellCARMAX INC$238,612,462
+19.8%
2,850,806
-8.0%
1.99%
+13.5%
 BROOKFIELD ASSET MANAGMT LTD$120,459,649
-0.3%
3,691,6840.0%1.00%
-5.6%
SellDIGITALBRIDGE GROUP INC$73,853,480
+20.0%
5,020,631
-2.2%
0.62%
+13.5%
GSHD  GOOSEHEAD INS INC$15,324,532
+20.5%
243,6720.0%0.13%
+14.3%
MA  MASTERCARD INCORPORATEDcall$7,463,261
+105.4%
10,0000.0%0.06%
+93.8%
BRKB  BERKSHIRE HATHAWAY INC DELcl b new$5,835,874
+10.4%
17,1140.0%0.05%
+6.5%
DLTR  DOLLAR TREE INC$4,347,476
-0.0%
30,2960.0%0.04%
-5.3%
VRSK  VERISK ANALYTICS INCcl a$4,289,145
+17.8%
18,9760.0%0.04%
+12.5%
GOOG ExitALPHABET INCcall$0-100,000
-100.0%
-0.09%
Other managers

Other managers that, in addition to the filing manager(s), that filed the EDGAR filing(s):

Original filings

The following EDGAR filing(s) were analyzed to create this report:

  • View 13F-HR filed 2023-08-11
Signatures

The EDGAR filing(s) were signed by:

About Akre Capital Management

Akre Capital Management is a Virginia-based investment management firm that was founded in 1989 by Chuck Akre. The firm is known for its long-term investment approach and its focus on high-quality businesses with sustainable competitive advantages. Akre Capital Management manages over $15 billion in assets and has a team of experienced investment professionals, including Chuck Akre, who serves as the firm's CEO and Chief Investment Officer.

One of the key principles of Akre Capital Management's investment philosophy is the importance of investing in businesses with strong economic moats. The firm believes that companies with sustainable competitive advantages are more likely to generate consistent earnings growth and create long-term value for shareholders. Akre Capital Management also places a strong emphasis on management quality and looks for companies with strong leadership teams that are aligned with shareholders' interests.

Akre Capital Management's investment strategy has been successful over the years, with the firm's flagship fund, the Akre Focus Fund, consistently outperforming its benchmark index. The fund has delivered an annualized return of over 16% since its inception in 2009, compared to the S&P 500's annualized return of 13.9% over the same period.

Overall, Akre Capital Management is a respected investment management firm with a strong track record of delivering long-term value to its clients. The firm's focus on high-quality businesses with sustainable competitive advantages has proven to be a successful investment strategy, and its experienced team of investment professionals is well-equipped to continue delivering strong results in the years ahead.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Top long-term holdings
NameQuarters ownedLatest quarter ownedMax weighting
MASTERCARD INCORPORATED42Q3 202320.1%
AMERICAN TOWER CORP NEW42Q3 202315.7%
MOODYS CORP42Q3 202315.4%
VISA INC42Q3 20239.8%
O REILLY AUTOMOTIVE INC NEW42Q3 20239.1%
DOLLAR TREE INC42Q3 20237.9%
VERISK ANALYTICS INC42Q3 20234.4%
BERKSHIRE HATHAWAY INC DEL42Q3 20231.5%
CARMAX INC40Q3 20236.4%
DANAHER CORPORATION40Q3 20234.3%

View Akre Capital Management's complete holdings history.

Latest significant ownerships (13-D/G)
Akre Capital Management Q2 2023 significant holdings filed using form 13D/G when ownership exceeds 5% of a company's total stock issue.
FiledShares Percentage
Primo Water Holdings LLCFebruary 11, 202112,5990.0%
Enstar Group LTDSold outFebruary 10, 202000.0%
Focus Financial Partners Inc.Sold outFebruary 10, 202000.0%
Colfax CORPFebruary 13, 20174,700,0003.8%
AMERICAN WOODMARK CORPSold outSeptember 25, 200900.0%
DYNAMEX INCSold outSeptember 25, 200900.0%
MONARCH CASINO & RESORT INCSeptember 25, 20093,0000.0%
PENN NATIONAL GAMING INCSeptember 25, 20091,132,8951.4%
99 CENTS ONLY STORESAugust 27, 2009930,3441.4%
CSK AUTO CORPJanuary 18, 20084,418,02010.0%

View Akre Capital Management's complete significant-ownership history.

Latest filings
TypeFiled
13F-HR/A2024-05-23
13F-HR2024-05-13
13F-HR2024-02-09
13F-HR2023-11-13
13F-HR2023-08-11
13F-HR2023-05-12
13F-HR2023-02-13
13F-HR2022-11-14
13F-HR2022-08-11
13F-HR2022-05-13

View Akre Capital Management's complete filings history.

Compare quarters

Export Akre Capital Management's holdings