AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

Total Value ($000): $6,083,433 (100.0% shares, 0.0% debt)

Holdings (31)

AMT AMERICAN TOWER CORP NEW 13.4%

Value ($000) $814,208 Shares 6,699,098 Est. Cost $65.14 Unrealized +34.9%

MCO MOODYS CORP 10.5%

Value ($000) $636,368 Shares 5,679,831 Est. Cost $68.74 Unrealized +43.8%

MA MASTERCARD INC 9.9%

Value ($000) $599,373 Shares 5,329,183 Est. Cost $75.93 Unrealized +37.3%

MKL MARKEL CORP 8.2%

Value ($000) $501,508 Shares 513,914 Est. Cost $555.69 Unrealized +70.1%

V VISA INC 7.1%

Value ($000) $434,487 Shares 4,889,020 Est. Cost $67.28 Unrealized +20.2%

DLTR DOLLAR TREE INC 5.4%

Value ($000) $329,211 Shares 4,195,913 Est. Cost $54.55 Unrealized +40.9%

ROP ROPER INDS INC NEW 5.3%

Value ($000) $322,622 Shares 1,562,410 Est. Cost $140.83 Unrealized +35.1%

KMX CARMAX INC 5.0%

Value ($000) $305,426 Shares 5,157,481 Est. Cost $53.67 Unrealized +21.0%

— SBA COMMUNICATIONS CORP 4.9%

Value ($000) $296,712 Shares 2,465,000 Est. Cost $98.63 Unrealized —

— ENSTAR GROUP LIMITED 4.5%

Value ($000) $276,671 Shares 1,446,269 Est. Cost $146.75 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 3.7%

Value ($000) $222,620 Shares 825,009 Est. Cost $7.38 Unrealized +144.8%

VRSK VERISK ANALYTICS INC 3.5%

Value ($000) $210,192 Shares 2,590,486 Est. Cost $66.25 Unrealized +18.5%

— COLFAX CORP 3.0%

Value ($000) $184,416 Shares 4,697,300 Est. Cost $49.29 Unrealized —

DHR DANAHER CORP DEL 2.3%

Value ($000) $141,578 Shares 1,655,300 Est. Cost $34.23 Unrealized +108.2%

— UBIQUITI NETWORKS INC 2.2%

Value ($000) $134,697 Shares 2,680,000 Est. Cost $32.40 Unrealized —

— TD AMERITRADE HLDG CORP 1.9%

Value ($000) $115,317 Shares 2,967,500 Est. Cost $24.45 Unrealized —

DG DOLLAR GEN CORP NEW 1.7%

Value ($000) $104,595 Shares 1,500,000 Est. Cost $64.89 Unrealized +0.6%

LKQ LKQ CORP 1.7%

Value ($000) $103,908 Shares 3,550,000 Est. Cost $26.59 Unrealized +5.0%

MNRO MONRO MUFFLER BRAKE INC 1.4%

Value ($000) $83,237 Shares 1,597,630 Est. Cost $49.63 Unrealized +14.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $64,047 Shares 384,249 Est. Cost $117.86 Unrealized +42.0%

— AMERICAN TOWER CORP NEW 0.9%

Value ($000) $57,497 Shares 514,748 Est. Cost $99.88 Unrealized —

FTV FORTIVE CORP 0.7%

Value ($000) $45,165 Shares 750,000 Est. Cost $30.87 Unrealized +12.0%

DHIL DIAMOND HILL INVESTMENT GROU 0.5%

Value ($000) $28,307 Shares 145,500 Est. Cost $41.91 Unrealized +180.8%

— PRIMO WTR CORP 0.4%

Value ($000) $22,805 Shares 1,679,313 Est. Cost $2.06 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $12,296 Shares 400,000 Est. Cost $16.01 Unrealized +81.4%

— AMERICAN TOWER CORP NEW 0.2%

Value ($000) $11,422 Shares 100,000 Est. Cost $106.40 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $10,494 Shares 42 Est. Cost $173634.64 Unrealized +44.5%

— BANK AMER CORP 0.1%

Value ($000) $8,282 Shares 732,890 Est. Cost $5.49 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,627 Shares 48,530 Est. Cost $53.64 Unrealized —

— WMIH Corp 0.0%

Value ($000) $2,117 Shares 1,460,000 Est. Cost $2.60 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $228 Shares 4,899 Est. Cost $6.66 Unrealized +102.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,699,098	$814,208	13.4%	$65.14	+34.9%	COM	03027X100
MCO	MOODYS CORP	5,679,831	$636,368	10.5%	$68.74	+43.8%	COM	615369105
MA	MASTERCARD INC	5,329,183	$599,373	9.9%	$75.93	+37.3%	CL A	57636Q104
MKL	MARKEL CORP	513,914	$501,508	8.2%	$555.69	+70.1%	COM	570535104
V	VISA INC	4,889,020	$434,487	7.1%	$67.28	+20.2%	COM CL A	92826C839
DLTR	DOLLAR TREE INC	4,195,913	$329,211	5.4%	$54.55	+40.9%	COM	256746108
ROP	ROPER INDS INC NEW	1,562,410	$322,622	5.3%	$140.83	+35.1%	COM	776696106
KMX	CARMAX INC	5,157,481	$305,426	5.0%	$53.67	+21.0%	COM	143130102
—	SBA COMMUNICATIONS CORP	2,465,000	$296,712	4.9%	$98.63	—	COM	78388J106
—	ENSTAR GROUP LIMITED	1,446,269	$276,671	4.5%	$146.75	—	SHS	G3075P101
ORLY	O REILLY AUTOMOTIVE INC NEW	825,009	$222,620	3.7%	$7.38	+144.8%	COM	67103H107
VRSK	VERISK ANALYTICS INC	2,590,486	$210,192	3.5%	$66.25	+18.5%	CL A	92345Y106
—	COLFAX CORP	4,697,300	$184,416	3.0%	$49.29	—	COM	194014106
DHR	DANAHER CORP DEL	1,655,300	$141,578	2.3%	$34.23	+108.2%	COM	235851102
—	UBIQUITI NETWORKS INC	2,680,000	$134,697	2.2%	$32.40	—	COM	90347A100
—	TD AMERITRADE HLDG CORP	2,967,500	$115,317	1.9%	$24.45	—	COM	87236Y108
DG	DOLLAR GEN CORP NEW	1,500,000	$104,595	1.7%	$64.89	+0.6%	COM	256677105
LKQ	LKQ CORP	3,550,000	$103,908	1.7%	$26.59	+5.0%	COM	501889208
MNRO	MONRO MUFFLER BRAKE INC	1,597,630	$83,237	1.4%	$49.63	+14.3%	COM	610236101
BRK/B	BERKSHIRE HATHAWAY INC DEL	384,249	$64,047	1.1%	$117.86	+42.0%	CL B NEW	084670702
—	AMERICAN TOWER CORP NEW	514,748	$57,497	0.9%	$99.88	—	PFD CONV SER B	03027X407
FTV	FORTIVE CORP	750,000	$45,165	0.7%	$30.87	+12.0%	COM	34959J108
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$28,307	0.5%	$41.91	+180.8%	COM NEW	25264R207
—	PRIMO WTR CORP	1,679,313	$22,805	0.4%	$2.06	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	400,000	$12,296	0.2%	$16.01	+81.4%	COM	011642105
—	AMERICAN TOWER CORP NEW	100,000	$11,422	0.2%	$106.40	—	PFD CONV SER A	03027X308
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$10,494	0.2%	$173634.64	+44.5%	CL A	084670108
—	BANK AMER CORP	732,890	$8,282	0.1%	$5.49	—	W EXP 01/16/201	060505146
LAMR	LAMAR ADVERTISING CO	48,530	$3,627	0.1%	$53.64	—	CL A	512816109
—	WMIH Corp	1,460,000	$2,117	0.0%	$2.60	—	COM	92936P100
CSX	CSX CORP	4,899	$228	0.0%	$6.66	+102.6%	COM	126408103