AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: Aug 29, 2017

Total Value ($000): $3,942,541 (100.0% shares, 0.0% debt)

Holdings (35)

MKL MARKEL CORP 9.9%

Value ($000) $391,372 Shares 508,963 Est. Cost $552.36 Unrealized +30.9%

AMT AMERICAN TOWER CORP NEW 9.6%

Value ($000) $377,316 Shares 4,007,606 Est. Cost $58.53 Unrealized +27.5%

MA MASTERCARD INC 9.3%

Value ($000) $368,145 Shares 4,261,426 Est. Cost $70.50 Unrealized +15.3%

MCO MOODYS CORP 9.2%

Value ($000) $364,684 Shares 3,513,336 Est. Cost $53.47 Unrealized +61.9%

DLTR DOLLAR TREE INC 7.2%

Value ($000) $283,521 Shares 3,494,004 Est. Cost $50.64 Unrealized +49.9%

— COLFAX CORP 7.1%

Value ($000) $280,440 Shares 5,875,560 Est. Cost $55.68 Unrealized —

ROP ROPER INDS INC NEW 5.5%

Value ($000) $215,289 Shares 1,251,680 Est. Cost $134.63 Unrealized +12.6%

— DISCOVERY COMMUNICATNS NEW 4.5%

Value ($000) $177,418 Shares 6,019,258 Est. Cost $54.63 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 4.4%

Value ($000) $175,215 Shares 810,279 Est. Cost $7.19 Unrealized +86.8%

LYV LIVE NATION ENTERTAINMENT IN 4.0%

Value ($000) $157,544 Shares 6,244,313 Est. Cost $16.94 Unrealized +48.9%

V VISA INC 3.8%

Value ($000) $149,347 Shares 2,283,240 Est. Cost $56.30 Unrealized +8.9%

— SBA COMMUNICATIONS CORP 3.6%

Value ($000) $140,520 Shares 1,200,000 Est. Cost $93.06 Unrealized —

DHR DANAHER CORP DEL 3.2%

Value ($000) $127,350 Shares 1,500,000 Est. Cost $30.90 Unrealized +12.8%

— TD AMERITRADE HLDG CORP 3.0%

Value ($000) $117,701 Shares 3,158,900 Est. Cost $24.29 Unrealized —

KMX CARMAX INC 3.0%

Value ($000) $117,317 Shares 1,700,000 Est. Cost $50.72 Unrealized +28.6%

MNRO MONRO MUFFLER BRAKE INC 2.5%

Value ($000) $97,900 Shares 1,505,003 Est. Cost $49.28 Unrealized +24.3%

— UBIQUITI NETWORKS INC 1.9%

Value ($000) $74,570 Shares 2,523,530 Est. Cost $32.43 Unrealized —

— ENSTAR GROUP LIMITED 1.9%

Value ($000) $73,763 Shares 519,970 Est. Cost $133.74 Unrealized —

VRSK VERISK ANALYTICS INC 1.8%

Value ($000) $69,415 Shares 972,200 Est. Cost $58.42 Unrealized +10.5%

LPLA LPL FINL HLDGS INC 1.6%

Value ($000) $64,263 Shares 1,465,185 Est. Cost $35.76 Unrealized +23.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $42,912 Shares 297,340 Est. Cost $110.22 Unrealized +33.5%

DHIL DIAMOND HILL INVESTMENT GROU 0.6%

Value ($000) $23,280 Shares 145,500 Est. Cost $41.91 Unrealized +87.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $11,310 Shares 52 Est. Cost $166100.45 Unrealized +33.1%

— AMERICAN TOWER CORP NEW 0.3%

Value ($000) $10,319 Shares 100,000 Est. Cost $106.40 Unrealized —

— ANSYS INC 0.2%

Value ($000) $8,845 Shares 100,300 Est. Cost $75.00 Unrealized —

— PRIMO WTR CORP 0.2%

Value ($000) $8,814 Shares 1,685,330 Est. Cost $1.97 Unrealized —

— BANK OF AMERICA CORPORATION 0.1%

Value ($000) $4,198 Shares 715,101 Est. Cost $5.47 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value ($000) $3,977 Shares 67,100 Est. Cost $53.64 Unrealized —

— CROWN CASTLE INTL CORP 0.1%

Value ($000) $2,097 Shares 20,000 Est. Cost $102.60 Unrealized —

CSX CSX CORP 0.0%

Value ($000) $1,421 Shares 42,899 Est. Cost $6.66 Unrealized +45.6%

WMB WILLIAMS COS INC DEL 0.0%

Value ($000) $922 Shares 18,230 Est. Cost $17.72 Unrealized +40.8%

— NUSTAR GP HOLDINGS LLC 0.0%

Value ($000) $694 Shares 19,595 Est. Cost $27.83 Unrealized —

— ARLINGTON ASSET INVT CORP 0.0%

Value ($000) $241 Shares 10,000 Est. Cost $26.40 Unrealized —

— MARKWEST ENERGY PARTNERS L P 0.0%

Value ($000) $213 Shares 3,215 Est. Cost $67.75 Unrealized —

— ANNALY CAP MGMT INC 0.0%

Value ($000) $208 Shares 20,044 Est. Cost $12.15 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MKL	MARKEL CORP	508,963	$391,372	9.9%	$552.36	+30.9%	COM	570535104
AMT	AMERICAN TOWER CORP NEW	4,007,606	$377,316	9.6%	$58.53	+27.5%	COM	03027X100
MA	MASTERCARD INC	4,261,426	$368,145	9.3%	$70.50	+15.3%	CL A	57636Q104
MCO	MOODYS CORP	3,513,336	$364,684	9.2%	$53.47	+61.9%	COM	615369105
DLTR	DOLLAR TREE INC	3,494,004	$283,521	7.2%	$50.64	+49.9%	COM	256746108
—	COLFAX CORP	5,875,560	$280,440	7.1%	$55.68	—	COM	194014106
ROP	ROPER INDS INC NEW	1,251,680	$215,289	5.5%	$134.63	+12.6%	COM	776696106
—	DISCOVERY COMMUNICATNS NEW	6,019,258	$177,418	4.5%	$54.63	—	COM SER A	25470F302
ORLY	O REILLY AUTOMOTIVE INC NEW	810,279	$175,215	4.4%	$7.19	+86.8%	COM	67103H107
LYV	LIVE NATION ENTERTAINMENT IN	6,244,313	$157,544	4.0%	$16.94	+48.9%	COM	538034109
V	VISA INC	2,283,240	$149,347	3.8%	$56.30	+8.9%	COM CL A	92826C839
—	SBA COMMUNICATIONS CORP	1,200,000	$140,520	3.6%	$93.06	—	COM	78388J106
DHR	DANAHER CORP DEL	1,500,000	$127,350	3.2%	$30.90	+12.8%	COM	235851102
—	TD AMERITRADE HLDG CORP	3,158,900	$117,701	3.0%	$24.29	—	COM	87236Y108
KMX	CARMAX INC	1,700,000	$117,317	3.0%	$50.72	+28.6%	COM	143130102
MNRO	MONRO MUFFLER BRAKE INC	1,505,003	$97,900	2.5%	$49.28	+24.3%	COM	610236101
—	UBIQUITI NETWORKS INC	2,523,530	$74,570	1.9%	$32.43	—	COM	90347A100
—	ENSTAR GROUP LIMITED	519,970	$73,763	1.9%	$133.74	—	SHS	G3075P101
VRSK	VERISK ANALYTICS INC	972,200	$69,415	1.8%	$58.42	+10.5%	CL A	92345Y106
LPLA	LPL FINL HLDGS INC	1,465,185	$64,263	1.6%	$35.76	+23.6%	COM	50212V100
BRK/B	BERKSHIRE HATHAWAY INC DEL	297,340	$42,912	1.1%	$110.22	+33.5%	CL B NEW	084670702
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$23,280	0.6%	$41.91	+87.8%	COM NEW	25264R207
BRK/A	BERKSHIRE HATHAWAY INC DEL	52	$11,310	0.3%	$166100.45	+33.1%	CL A	084670108
—	AMERICAN TOWER CORP NEW	100,000	$10,319	0.3%	$106.40	—	PFD CONV SER A	03027X308
—	ANSYS INC	100,300	$8,845	0.2%	$75.00	—	COM	03662Q105
—	PRIMO WTR CORP	1,685,330	$8,814	0.2%	$1.97	—	COM	74165N105
—	BANK OF AMERICA CORPORATION	715,101	$4,198	0.1%	$5.47	—	*W EXP 01/16/201	060505146
LAMR	LAMAR ADVERTISING CO	67,100	$3,977	0.1%	$53.64	—	CL A	512816109
—	CROWN CASTLE INTL CORP	20,000	$2,097	0.1%	$102.60	—	CNV PFD STK SR A	22822V200
CSX	CSX CORP	42,899	$1,421	0.0%	$6.66	+45.6%	COM	126408103
WMB	WILLIAMS COS INC DEL	18,230	$922	0.0%	$17.72	+40.8%	COM	969457100
—	NUSTAR GP HOLDINGS LLC	19,595	$694	0.0%	$27.83	—	UNIT RESTG LLC	67059L102
—	ARLINGTON ASSET INVT CORP	10,000	$241	0.0%	$26.40	—	CL A NEW	041356205
—	MARKWEST ENERGY PARTNERS L P	3,215	$213	0.0%	$67.75	—	UNIT LTD PARTN	570759100
—	ANNALY CAP MGMT INC	20,044	$208	0.0%	$12.15	—	COM	035710409