AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 14, 2017

Total Value ($000): $6,151,596 (100.0% shares, 0.0% debt)

Holdings (28)

AMT AMERICAN TOWER CORP NEW 14.7%

Value ($000) $901,219 Shares 6,810,903 Est. Cost $65.76 Unrealized +56.4%

MCO MOODYS CORP 11.3%

Value ($000) $693,537 Shares 5,699,676 Est. Cost $68.74 Unrealized +57.5%

MA MASTERCARD INC 10.6%

Value ($000) $649,199 Shares 5,345,399 Est. Cost $75.93 Unrealized +48.9%

MKL MARKEL CORP 8.2%

Value ($000) $503,654 Shares 516,113 Est. Cost $555.69 Unrealized +74.7%

V VISA INC 7.5%

Value ($000) $458,492 Shares 4,889,020 Est. Cost $67.28 Unrealized +30.0%

ROP ROPER INDS INC NEW 5.9%

Value ($000) $362,892 Shares 1,567,365 Est. Cost $140.83 Unrealized +49.4%

DLTR DOLLAR TREE INC 5.5%

Value ($000) $338,711 Shares 4,844,272 Est. Cost $57.58 Unrealized +34.1%

— SBA COMMUNICATIONS CORP 5.4%

Value ($000) $332,528 Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 5.3%

Value ($000) $326,058 Shares 5,170,601 Est. Cost $53.67 Unrealized +12.6%

— ENSTAR GROUP LIMITED 4.7%

Value ($000) $289,485 Shares 1,457,264 Est. Cost $146.75 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 4.2%

Value ($000) $260,963 Shares 1,193,026 Est. Cost $10.14 Unrealized +61.1%

VRSK VERISK ANALYTICS INC 3.6%

Value ($000) $219,782 Shares 2,604,982 Est. Cost $66.25 Unrealized +16.8%

DHR DANAHER CORP DEL 2.3%

Value ($000) $139,691 Shares 1,655,300 Est. Cost $34.23 Unrealized +109.7%

— UBIQUITI NETWORKS INC 2.3%

Value ($000) $139,280 Shares 2,680,000 Est. Cost $32.40 Unrealized —

— TD AMERITRADE HLDG CORP 2.1%

Value ($000) $127,573 Shares 2,967,500 Est. Cost $24.45 Unrealized —

LKQ LKQ CORP 1.9%

Value ($000) $116,972 Shares 3,550,000 Est. Cost $26.59 Unrealized +4.4%

MNRO MONRO MUFFLER BRAKE INC 1.1%

Value ($000) $67,748 Shares 1,622,700 Est. Cost $49.63 Unrealized +0.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $66,219 Shares 390,974 Est. Cost $118.69 Unrealized +40.1%

— AMERICAN TOWER CORP NEW 1.0%

Value ($000) $62,403 Shares 514,748 Est. Cost $99.88 Unrealized —

DHIL DIAMOND HILL INVESTMENT GROU 0.5%

Value ($000) $29,013 Shares 145,500 Est. Cost $41.91 Unrealized +179.6%

— PRIMO WTR CORP 0.3%

Value ($000) $21,327 Shares 1,679,313 Est. Cost $2.06 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $15,052 Shares 400,000 Est. Cost $16.01 Unrealized +109.3%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $10,697 Shares 42 Est. Cost $173634.64 Unrealized +43.8%

— BANK AMER CORP 0.1%

Value ($000) $8,824 Shares 732,890 Est. Cost $5.49 Unrealized —

BOC BOSTON OMAHA CORP 0.1%

Value ($000) $4,615 Shares 350,000 Est. Cost $15.19 Unrealized 0.0%

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,570 Shares 48,530 Est. Cost $53.64 Unrealized —

— WMIH Corp 0.0%

Value ($000) $1,825 Shares 1,460,000 Est. Cost $2.60 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $267 Shares 4,899 Est. Cost $6.66 Unrealized +128.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,810,903	$901,219	14.7%	$65.76	+56.4%	COM	03027X100
MCO	MOODYS CORP	5,699,676	$693,537	11.3%	$68.74	+57.5%	COM	615369105
MA	MASTERCARD INC	5,345,399	$649,199	10.6%	$75.93	+48.9%	CL A	57636Q104
MKL	MARKEL CORP	516,113	$503,654	8.2%	$555.69	+74.7%	COM	570535104
V	VISA INC	4,889,020	$458,492	7.5%	$67.28	+30.0%	COM CL A	92826C839
ROP	ROPER INDS INC NEW	1,567,365	$362,892	5.9%	$140.83	+49.4%	COM	776696106
DLTR	DOLLAR TREE INC	4,844,272	$338,711	5.5%	$57.58	+34.1%	COM	256746108
—	SBA COMMUNICATIONS CORP	2,465,000	$332,528	5.4%	$98.63	—	COM	78388J106
KMX	CARMAX INC	5,170,601	$326,058	5.3%	$53.67	+12.6%	COM	143130102
—	ENSTAR GROUP LIMITED	1,457,264	$289,485	4.7%	$146.75	—	SHS	G3075P101
ORLY	O REILLY AUTOMOTIVE INC NEW	1,193,026	$260,963	4.2%	$10.14	+61.1%	COM	67103H107
VRSK	VERISK ANALYTICS INC	2,604,982	$219,782	3.6%	$66.25	+16.8%	CL A	92345Y106
DHR	DANAHER CORP DEL	1,655,300	$139,691	2.3%	$34.23	+109.7%	COM	235851102
—	UBIQUITI NETWORKS INC	2,680,000	$139,280	2.3%	$32.40	—	COM	90347A100
—	TD AMERITRADE HLDG CORP	2,967,500	$127,573	2.1%	$24.45	—	COM	87236Y108
LKQ	LKQ CORP	3,550,000	$116,972	1.9%	$26.59	+4.4%	COM	501889208
MNRO	MONRO MUFFLER BRAKE INC	1,622,700	$67,748	1.1%	$49.63	+0.4%	COM	610236101
BRK/B	BERKSHIRE HATHAWAY INC DEL	390,974	$66,219	1.1%	$118.69	+40.1%	CL B NEW	084670702
—	AMERICAN TOWER CORP NEW	514,748	$62,403	1.0%	$99.88	—	PFD CONV SER B	03027X407
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$29,013	0.5%	$41.91	+179.6%	COM NEW	25264R207
—	PRIMO WTR CORP	1,679,313	$21,327	0.3%	$2.06	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	400,000	$15,052	0.2%	$16.01	+109.3%	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$10,697	0.2%	$173634.64	+43.8%	CL A	084670108
—	BANK AMER CORP	732,890	$8,824	0.1%	$5.49	—	W EXP 01/16/201	060505146
BOC	BOSTON OMAHA CORP	350,000	$4,615	0.1%	$15.19	0.0%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3,570	0.1%	$53.64	—	CL A	512816109
—	WMIH Corp	1,460,000	$1,825	0.0%	$2.60	—	COM	92936P100
CSX	CSX CORP	4,899	$267	0.0%	$6.66	+128.6%	COM	126408103