AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 12, 2016

Total Value ($000): $4,503,867 (100.0% shares, 0.0% debt)

Holdings (34)

AMT AMERICAN TOWER CORP NEW 13.6%

Value ($000) $611,659 Shares 6,309,016 Est. Cost $63.79 Unrealized +19.0%

MA MASTERCARD INC 10.2%

Value ($000) $458,471 Shares 4,709,033 Est. Cost $72.15 Unrealized +27.8%

MKL MARKEL CORP 10.1%

Value ($000) $455,329 Shares 515,457 Est. Cost $555.69 Unrealized +56.6%

MCO MOODYS CORP 8.2%

Value ($000) $367,188 Shares 3,659,439 Est. Cost $55.10 Unrealized +64.4%

DLTR DOLLAR TREE INC 7.2%

Value ($000) $323,119 Shares 4,184,400 Est. Cost $54.55 Unrealized +28.2%

ROP ROPER INDS INC NEW 5.7%

Value ($000) $256,220 Shares 1,350,018 Est. Cost $136.24 Unrealized +26.5%

ORLY O REILLY AUTOMOTIVE INC NEW 4.7%

Value ($000) $209,772 Shares 827,766 Est. Cost $7.38 Unrealized +135.1%

VRSK VERISK ANALYTICS INC 4.4%

Value ($000) $198,472 Shares 2,581,579 Est. Cost $66.25 Unrealized +9.6%

— SBA COMMUNICATIONS CORP 4.2%

Value ($000) $189,126 Shares 1,800,000 Est. Cost $97.04 Unrealized —

KMX CARMAX INC 4.1%

Value ($000) $184,435 Shares 3,417,359 Est. Cost $55.67 Unrealized +2.5%

V VISA INC 3.9%

Value ($000) $177,065 Shares 2,283,240 Est. Cost $56.30 Unrealized +28.2%

— ENSTAR GROUP LIMITED 3.9%

Value ($000) $176,488 Shares 1,176,274 Est. Cost $143.02 Unrealized —

— COLFAX CORP 3.8%

Value ($000) $171,527 Shares 7,345,908 Est. Cost $50.06 Unrealized —

DHR DANAHER CORP DEL 3.1%

Value ($000) $139,320 Shares 1,500,000 Est. Cost $30.90 Unrealized +23.7%

— TD AMERITRADE HLDG CORP 2.3%

Value ($000) $103,002 Shares 2,967,500 Est. Cost $24.45 Unrealized —

MNRO MONRO MUFFLER BRAKE INC 2.2%

Value ($000) $99,855 Shares 1,507,930 Est. Cost $49.28 Unrealized +44.4%

LKQ LKQ CORP 2.1%

Value ($000) $94,019 Shares 3,173,100 Est. Cost $26.58 Unrealized -1.9%

— UBIQUITI NETWORKS INC 1.9%

Value ($000) $84,929 Shares 2,680,000 Est. Cost $32.40 Unrealized —

— AMERICAN TOWER CORP NEW 1.2%

Value ($000) $52,114 Shares 515,984 Est. Cost $99.88 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $50,973 Shares 386,043 Est. Cost $117.86 Unrealized +13.9%

DHIL DIAMOND HILL INVESTMENT GROU 0.6%

Value ($000) $27,499 Shares 145,500 Est. Cost $41.91 Unrealized +169.1%

— PRIMO WTR CORP 0.3%

Value ($000) $13,435 Shares 1,679,313 Est. Cost $2.06 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $10,286 Shares 52 Est. Cost $173634.64 Unrealized +15.9%

— AMERICAN TOWER CORP NEW 0.2%

Value ($000) $10,226 Shares 100,000 Est. Cost $106.40 Unrealized —

— ANSYS INC 0.2%

Value ($000) $9,278 Shares 100,300 Est. Cost $75.00 Unrealized —

ALRM ALARM COM HLDGS INC 0.1%

Value ($000) $6,672 Shares 400,000 Est. Cost $16.01 Unrealized -4.9%

DLTH DULUTH HLDGS INC 0.1%

Value ($000) $5,106 Shares 350,000 Est. Cost $15.09 Unrealized 0.0%

— BANK OF AMERICA CORPORATION 0.1%

Value ($000) $4,265 Shares 732,890 Est. Cost $5.49 Unrealized —

— WMIH Corp 0.1%

Value ($000) $3,885 Shares 1,500,000 Est. Cost $2.60 Unrealized —

— AMERICAN INTL GROUP INC 0.1%

Value ($000) $3,500 Shares 147,295 Est. Cost $24.17 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,299 Shares 55,000 Est. Cost $53.64 Unrealized —

— CROWN CASTLE INTL CORP 0.0%

Value ($000) $2,145 Shares 20,000 Est. Cost $102.60 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $1,056 Shares 40,695 Est. Cost $6.66 Unrealized +17.0%

— ARLINGTON ASSET INVT CORP 0.0%

Value ($000) $132 Shares 10,000 Est. Cost $26.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,309,016	$611,659	13.6%	$63.79	+19.0%	COM	03027X100
MA	MASTERCARD INC	4,709,033	$458,471	10.2%	$72.15	+27.8%	CL A	57636Q104
MKL	MARKEL CORP	515,457	$455,329	10.1%	$555.69	+56.6%	COM	570535104
MCO	MOODYS CORP	3,659,439	$367,188	8.2%	$55.10	+64.4%	COM	615369105
DLTR	DOLLAR TREE INC	4,184,400	$323,119	7.2%	$54.55	+28.2%	COM	256746108
ROP	ROPER INDS INC NEW	1,350,018	$256,220	5.7%	$136.24	+26.5%	COM	776696106
ORLY	O REILLY AUTOMOTIVE INC NEW	827,766	$209,772	4.7%	$7.38	+135.1%	COM	67103H107
VRSK	VERISK ANALYTICS INC	2,581,579	$198,472	4.4%	$66.25	+9.6%	CL A	92345Y106
—	SBA COMMUNICATIONS CORP	1,800,000	$189,126	4.2%	$97.04	—	COM	78388J106
KMX	CARMAX INC	3,417,359	$184,435	4.1%	$55.67	+2.5%	COM	143130102
V	VISA INC	2,283,240	$177,065	3.9%	$56.30	+28.2%	COM CL A	92826C839
—	ENSTAR GROUP LIMITED	1,176,274	$176,488	3.9%	$143.02	—	SHS	G3075P101
—	COLFAX CORP	7,345,908	$171,527	3.8%	$50.06	—	COM	194014106
DHR	DANAHER CORP DEL	1,500,000	$139,320	3.1%	$30.90	+23.7%	COM	235851102
—	TD AMERITRADE HLDG CORP	2,967,500	$103,002	2.3%	$24.45	—	COM	87236Y108
MNRO	MONRO MUFFLER BRAKE INC	1,507,930	$99,855	2.2%	$49.28	+44.4%	COM	610236101
LKQ	LKQ CORP	3,173,100	$94,019	2.1%	$26.58	-1.9%	COM	501889208
—	UBIQUITI NETWORKS INC	2,680,000	$84,929	1.9%	$32.40	—	COM	90347A100
—	AMERICAN TOWER CORP NEW	515,984	$52,114	1.2%	$99.88	—	PFD CONV SER B	03027X407
BRK/B	BERKSHIRE HATHAWAY INC DEL	386,043	$50,973	1.1%	$117.86	+13.9%	CL B NEW	084670702
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$27,499	0.6%	$41.91	+169.1%	COM NEW	25264R207
—	PRIMO WTR CORP	1,679,313	$13,435	0.3%	$2.06	—	COM	74165N105
BRK/A	BERKSHIRE HATHAWAY INC DEL	52	$10,286	0.2%	$173634.64	+15.9%	CL A	084670108
—	AMERICAN TOWER CORP NEW	100,000	$10,226	0.2%	$106.40	—	PFD CONV SER A	03027X308
—	ANSYS INC	100,300	$9,278	0.2%	$75.00	—	COM	03662Q105
ALRM	ALARM COM HLDGS INC	400,000	$6,672	0.1%	$16.01	-4.9%	COM	011642105
DLTH	DULUTH HLDGS INC	350,000	$5,106	0.1%	$15.09	0.0%	COM CL B	26443V101
—	BANK OF AMERICA CORPORATION	732,890	$4,265	0.1%	$5.49	—	*W EXP 01/16/201	060505146
—	WMIH Corp	1,500,000	$3,885	0.1%	$2.60	—	COM	92936P100
—	AMERICAN INTL GROUP INC	147,295	$3,500	0.1%	$24.17	—	W EXP 01/19/202	026874156
LAMR	LAMAR ADVERTISING CO	55,000	$3,299	0.1%	$53.64	—	CL A	512816109
—	CROWN CASTLE INTL CORP	20,000	$2,145	0.0%	$102.60	—	CNV PFD STK SR A	22822V200
CSX	CSX CORP	40,695	$1,056	0.0%	$6.66	+17.0%	COM	126408103
—	ARLINGTON ASSET INVT CORP	10,000	$132	0.0%	$26.40	—	CL A NEW	041356205