AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 18, 2017

Total Value ($000): $4,961,494 (100.0% shares, 0.0% debt)

Holdings (33)

AMT AMERICAN TOWER CORP NEW 14.4%

Value ($000) $715,084 Shares 6,294,196 Est. Cost $63.79 Unrealized +31.3%

MKL MARKEL CORP 9.9%

Value ($000) $489,872 Shares 514,150 Est. Cost $555.69 Unrealized +67.6%

MA MASTERCARD INC 8.3%

Value ($000) $413,892 Shares 4,700,118 Est. Cost $72.15 Unrealized +25.1%

DLTR DOLLAR TREE INC 7.9%

Value ($000) $393,955 Shares 4,180,340 Est. Cost $54.55 Unrealized +55.1%

MCO MOODYS CORP 7.6%

Value ($000) $378,117 Shares 4,034,967 Est. Cost $57.46 Unrealized +53.3%

V VISA INC 5.4%

Value ($000) $268,130 Shares 3,615,080 Est. Cost $62.51 Unrealized +17.1%

ROP ROPER INDS INC NEW 5.2%

Value ($000) $255,693 Shares 1,499,141 Est. Cost $139.84 Unrealized +18.0%

KMX CARMAX INC 4.9%

Value ($000) $243,104 Shares 4,958,266 Est. Cost $53.57 Unrealized -4.1%

— ENSTAR GROUP LIMITED 4.7%

Value ($000) $234,328 Shares 1,446,559 Est. Cost $146.75 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 4.5%

Value ($000) $223,466 Shares 824,295 Est. Cost $7.38 Unrealized +139.7%

VRSK VERISK ANALYTICS INC 4.2%

Value ($000) $209,592 Shares 2,584,998 Est. Cost $66.25 Unrealized +13.2%

— SBA COMMUNICATIONS CORP 4.1%

Value ($000) $201,308 Shares 1,865,000 Est. Cost $97.15 Unrealized —

— COLFAX CORP 3.3%

Value ($000) $161,406 Shares 6,100,000 Est. Cost $49.29 Unrealized —

DHR DANAHER CORP DEL 3.1%

Value ($000) $151,500 Shares 1,500,000 Est. Cost $30.90 Unrealized +29.7%

LKQ LKQ CORP 2.3%

Value ($000) $112,535 Shares 3,550,000 Est. Cost $26.59 Unrealized +9.7%

— UBIQUITI NETWORKS INC 2.1%

Value ($000) $103,609 Shares 2,680,000 Est. Cost $32.40 Unrealized —

MNRO MONRO MUFFLER BRAKE INC 1.9%

Value ($000) $95,844 Shares 1,507,930 Est. Cost $49.28 Unrealized +34.2%

— TD AMERITRADE HLDG CORP 1.7%

Value ($000) $84,500 Shares 2,967,500 Est. Cost $24.45 Unrealized —

— AMERICAN TOWER CORP NEW 1.2%

Value ($000) $57,848 Shares 515,032 Est. Cost $99.88 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $55,499 Shares 383,304 Est. Cost $117.86 Unrealized +21.3%

DHIL DIAMOND HILL INVESTMENT GROU 0.6%

Value ($000) $27,415 Shares 145,500 Est. Cost $41.91 Unrealized +146.9%

— PRIMO WTR CORP 0.4%

Value ($000) $19,833 Shares 1,679,313 Est. Cost $2.06 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $11,283 Shares 52 Est. Cost $173634.64 Unrealized +23.5%

— AMERICAN TOWER CORP NEW 0.2%

Value ($000) $11,250 Shares 100,000 Est. Cost $106.40 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $10,252 Shares 400,000 Est. Cost $16.01 Unrealized +40.6%

— ANSYS INC 0.2%

Value ($000) $9,102 Shares 100,300 Est. Cost $75.00 Unrealized —

DLTH DULUTH HLDGS INC 0.2%

Value ($000) $8,561 Shares 350,000 Est. Cost $15.09 Unrealized +55.7%

— WMIH Corp 0.1%

Value ($000) $3,330 Shares 1,500,000 Est. Cost $2.60 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,268 Shares 49,297 Est. Cost $53.64 Unrealized —

— BANK OF AMERICA CORPORATION 0.1%

Value ($000) $2,550 Shares 732,890 Est. Cost $5.49 Unrealized —

— CROWN CASTLE INTL CORP 0.0%

Value ($000) $2,420 Shares 20,000 Est. Cost $102.60 Unrealized —

— AMERICAN INTL GROUP INC 0.0%

Value ($000) $1,937 Shares 103,628 Est. Cost $24.17 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $1,011 Shares 38,781 Est. Cost $6.66 Unrealized +13.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,294,196	$715,084	14.4%	$63.79	+31.3%	COM	03027X100
MKL	MARKEL CORP	514,150	$489,872	9.9%	$555.69	+67.6%	COM	570535104
MA	MASTERCARD INC	4,700,118	$413,892	8.3%	$72.15	+25.1%	CL A	57636Q104
DLTR	DOLLAR TREE INC	4,180,340	$393,955	7.9%	$54.55	+55.1%	COM	256746108
MCO	MOODYS CORP	4,034,967	$378,117	7.6%	$57.46	+53.3%	COM	615369105
V	VISA INC	3,615,080	$268,130	5.4%	$62.51	+17.1%	COM CL A	92826C839
ROP	ROPER INDS INC NEW	1,499,141	$255,693	5.2%	$139.84	+18.0%	COM	776696106
KMX	CARMAX INC	4,958,266	$243,104	4.9%	$53.57	-4.1%	COM	143130102
—	ENSTAR GROUP LIMITED	1,446,559	$234,328	4.7%	$146.75	—	SHS	G3075P101
ORLY	O REILLY AUTOMOTIVE INC NEW	824,295	$223,466	4.5%	$7.38	+139.7%	COM	67103H107
VRSK	VERISK ANALYTICS INC	2,584,998	$209,592	4.2%	$66.25	+13.2%	CL A	92345Y106
—	SBA COMMUNICATIONS CORP	1,865,000	$201,308	4.1%	$97.15	—	COM	78388J106
—	COLFAX CORP	6,100,000	$161,406	3.3%	$49.29	—	COM	194014106
DHR	DANAHER CORP DEL	1,500,000	$151,500	3.1%	$30.90	+29.7%	COM	235851102
LKQ	LKQ CORP	3,550,000	$112,535	2.3%	$26.59	+9.7%	COM	501889208
—	UBIQUITI NETWORKS INC	2,680,000	$103,609	2.1%	$32.40	—	COM	90347A100
MNRO	MONRO MUFFLER BRAKE INC	1,507,930	$95,844	1.9%	$49.28	+34.2%	COM	610236101
—	TD AMERITRADE HLDG CORP	2,967,500	$84,500	1.7%	$24.45	—	COM	87236Y108
—	AMERICAN TOWER CORP NEW	515,032	$57,848	1.2%	$99.88	—	PFD CONV SER B	03027X407
BRK/B	BERKSHIRE HATHAWAY INC DEL	383,304	$55,499	1.1%	$117.86	+21.3%	CL B NEW	084670702
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$27,415	0.6%	$41.91	+146.9%	COM NEW	25264R207
—	PRIMO WTR CORP	1,679,313	$19,833	0.4%	$2.06	—	COM	74165N105
BRK/A	BERKSHIRE HATHAWAY INC DEL	52	$11,283	0.2%	$173634.64	+23.5%	CL A	084670108
—	AMERICAN TOWER CORP NEW	100,000	$11,250	0.2%	$106.40	—	PFD CONV SER A	03027X308
ALRM	ALARM COM HLDGS INC	400,000	$10,252	0.2%	$16.01	+40.6%	COM	011642105
—	ANSYS INC	100,300	$9,102	0.2%	$75.00	—	COM	03662Q105
DLTH	DULUTH HLDGS INC	350,000	$8,561	0.2%	$15.09	+55.7%	COM CL B	26443V101
—	WMIH Corp	1,500,000	$3,330	0.1%	$2.60	—	COM	92936P100
LAMR	LAMAR ADVERTISING CO	49,297	$3,268	0.1%	$53.64	—	CL A	512816109
—	BANK OF AMERICA CORPORATION	732,890	$2,550	0.1%	$5.49	—	*W EXP 01/16/201	060505146
—	CROWN CASTLE INTL CORP	20,000	$2,420	0.0%	$102.60	—	CNV PFD STK SR A	22822V200
—	AMERICAN INTL GROUP INC	103,628	$1,937	0.0%	$24.17	—	W EXP 01/19/202	026874156
CSX	CSX CORP	38,781	$1,011	0.0%	$6.66	+13.8%	COM	126408103