AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 13, 2016

Total Value ($000): $4,748,927 (100.0% shares, 0.0% debt)

Holdings (34)

AMT AMERICAN TOWER CORP NEW 13.6%

Value ($000) $646,300 Shares 6,313,375 Est. Cost $63.79 Unrealized +14.7%

MKL MARKEL CORP 9.7%

Value ($000) $459,725 Shares 515,635 Est. Cost $555.69 Unrealized +54.7%

MA MASTERCARD INC 9.4%

Value ($000) $445,427 Shares 4,713,511 Est. Cost $72.15 Unrealized +15.6%

MCO MOODYS CORP 8.2%

Value ($000) $387,915 Shares 4,017,349 Est. Cost $57.46 Unrealized +42.0%

DLTR DOLLAR TREE INC 7.3%

Value ($000) $345,390 Shares 4,188,576 Est. Cost $54.55 Unrealized +44.6%

ROP ROPER INDS INC NEW 5.0%

Value ($000) $239,762 Shares 1,311,826 Est. Cost $136.24 Unrealized +19.1%

— ENSTAR GROUP LIMITED 5.0%

Value ($000) $236,224 Shares 1,452,971 Est. Cost $146.75 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 4.8%

Value ($000) $226,525 Shares 827,761 Est. Cost $7.38 Unrealized +131.5%

KMX CARMAX INC 4.6%

Value ($000) $220,666 Shares 4,318,321 Est. Cost $53.90 Unrealized -12.4%

— COLFAX CORP 4.6%

Value ($000) $217,904 Shares 7,621,678 Est. Cost $49.29 Unrealized —

VRSK VERISK ANALYTICS INC 4.4%

Value ($000) $206,709 Shares 2,586,444 Est. Cost $66.25 Unrealized +5.4%

— SBA COMMUNICATIONS CORP 3.9%

Value ($000) $186,817 Shares 1,865,000 Est. Cost $97.15 Unrealized —

V VISA INC 3.7%

Value ($000) $174,916 Shares 2,287,080 Est. Cost $56.30 Unrealized +20.4%

DHR DANAHER CORP DEL 3.0%

Value ($000) $142,290 Shares 1,500,000 Est. Cost $30.90 Unrealized +18.0%

LKQ LKQ CORP 2.3%

Value ($000) $108,562 Shares 3,400,000 Est. Cost $26.47 Unrealized -5.4%

MNRO MONRO MUFFLER BRAKE INC 2.3%

Value ($000) $107,772 Shares 1,507,930 Est. Cost $49.28 Unrealized +34.3%

— TD AMERITRADE HLDG CORP 2.0%

Value ($000) $93,565 Shares 2,967,500 Est. Cost $24.45 Unrealized —

— UBIQUITI NETWORKS INC 1.9%

Value ($000) $89,164 Shares 2,680,000 Est. Cost $32.40 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.2%

Value ($000) $54,871 Shares 386,745 Est. Cost $117.86 Unrealized +12.5%

— AMERICAN TOWER CORP NEW 1.1%

Value ($000) $53,224 Shares 515,984 Est. Cost $99.88 Unrealized —

DHIL DIAMOND HILL INVESTMENT GROU 0.5%

Value ($000) $25,806 Shares 145,500 Est. Cost $41.91 Unrealized +137.8%

— PRIMO WTR CORP 0.4%

Value ($000) $16,944 Shares 1,679,313 Est. Cost $2.06 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $11,099 Shares 52 Est. Cost $173634.64 Unrealized +14.9%

— AMERICAN TOWER CORP NEW 0.2%

Value ($000) $10,495 Shares 100,000 Est. Cost $106.40 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $9,480 Shares 400,000 Est. Cost $16.01 Unrealized +14.0%

— ANSYS INC 0.2%

Value ($000) $8,973 Shares 100,300 Est. Cost $75.00 Unrealized —

DLTH DULUTH HLDGS INC 0.1%

Value ($000) $6,821 Shares 350,000 Est. Cost $15.09 Unrealized +9.8%

— WMIH Corp 0.1%

Value ($000) $3,510 Shares 1,500,000 Est. Cost $2.60 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,198 Shares 51,997 Est. Cost $53.64 Unrealized —

— BANK OF AMERICA CORPORATION 0.1%

Value ($000) $2,851 Shares 732,890 Est. Cost $5.49 Unrealized —

— AMERICAN INTL GROUP INC 0.1%

Value ($000) $2,754 Shares 147,295 Est. Cost $24.17 Unrealized —

— CROWN CASTLE INTL CORP 0.0%

Value ($000) $2,144 Shares 20,000 Est. Cost $102.60 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $999 Shares 38,781 Est. Cost $6.66 Unrealized +5.2%

— ARLINGTON ASSET INVT CORP 0.0%

Value ($000) $125 Shares 10,000 Est. Cost $26.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,313,375	$646,300	13.6%	$63.79	+14.7%	COM	03027X100
MKL	MARKEL CORP	515,635	$459,725	9.7%	$555.69	+54.7%	COM	570535104
MA	MASTERCARD INC	4,713,511	$445,427	9.4%	$72.15	+15.6%	CL A	57636Q104
MCO	MOODYS CORP	4,017,349	$387,915	8.2%	$57.46	+42.0%	COM	615369105
DLTR	DOLLAR TREE INC	4,188,576	$345,390	7.3%	$54.55	+44.6%	COM	256746108
ROP	ROPER INDS INC NEW	1,311,826	$239,762	5.0%	$136.24	+19.1%	COM	776696106
—	ENSTAR GROUP LIMITED	1,452,971	$236,224	5.0%	$146.75	—	SHS	G3075P101
ORLY	O REILLY AUTOMOTIVE INC NEW	827,761	$226,525	4.8%	$7.38	+131.5%	COM	67103H107
KMX	CARMAX INC	4,318,321	$220,666	4.6%	$53.90	-12.4%	COM	143130102
—	COLFAX CORP	7,621,678	$217,904	4.6%	$49.29	—	COM	194014106
VRSK	VERISK ANALYTICS INC	2,586,444	$206,709	4.4%	$66.25	+5.4%	CL A	92345Y106
—	SBA COMMUNICATIONS CORP	1,865,000	$186,817	3.9%	$97.15	—	COM	78388J106
V	VISA INC	2,287,080	$174,916	3.7%	$56.30	+20.4%	COM CL A	92826C839
DHR	DANAHER CORP DEL	1,500,000	$142,290	3.0%	$30.90	+18.0%	COM	235851102
LKQ	LKQ CORP	3,400,000	$108,562	2.3%	$26.47	-5.4%	COM	501889208
MNRO	MONRO MUFFLER BRAKE INC	1,507,930	$107,772	2.3%	$49.28	+34.3%	COM	610236101
—	TD AMERITRADE HLDG CORP	2,967,500	$93,565	2.0%	$24.45	—	COM	87236Y108
—	UBIQUITI NETWORKS INC	2,680,000	$89,164	1.9%	$32.40	—	COM	90347A100
BRK/B	BERKSHIRE HATHAWAY INC DEL	386,745	$54,871	1.2%	$117.86	+12.5%	CL B NEW	084670702
—	AMERICAN TOWER CORP NEW	515,984	$53,224	1.1%	$99.88	—	PFD CONV SER B	03027X407
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$25,806	0.5%	$41.91	+137.8%	COM NEW	25264R207
—	PRIMO WTR CORP	1,679,313	$16,944	0.4%	$2.06	—	COM	74165N105
BRK/A	BERKSHIRE HATHAWAY INC DEL	52	$11,099	0.2%	$173634.64	+14.9%	CL A	084670108
—	AMERICAN TOWER CORP NEW	100,000	$10,495	0.2%	$106.40	—	PFD CONV SER A	03027X308
ALRM	ALARM COM HLDGS INC	400,000	$9,480	0.2%	$16.01	+14.0%	COM	011642105
—	ANSYS INC	100,300	$8,973	0.2%	$75.00	—	COM	03662Q105
DLTH	DULUTH HLDGS INC	350,000	$6,821	0.1%	$15.09	+9.8%	COM CL B	26443V101
—	WMIH Corp	1,500,000	$3,510	0.1%	$2.60	—	COM	92936P100
LAMR	LAMAR ADVERTISING CO	51,997	$3,198	0.1%	$53.64	—	CL A	512816109
—	BANK OF AMERICA CORPORATION	732,890	$2,851	0.1%	$5.49	—	*W EXP 01/16/201	060505146
—	AMERICAN INTL GROUP INC	147,295	$2,754	0.1%	$24.17	—	W EXP 01/19/202	026874156
—	CROWN CASTLE INTL CORP	20,000	$2,144	0.0%	$102.60	—	CNV PFD STK SR A	22822V200
CSX	CSX CORP	38,781	$999	0.0%	$6.66	+5.2%	COM	126408103
—	ARLINGTON ASSET INVT CORP	10,000	$125	0.0%	$26.40	—	CL A NEW	041356205