AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Nov 14, 2017

Total Value: $6.843B (100.0% shares, 0.0% debt)

Holdings (26)

AMT AMERICAN TOWER CORP NEW 13.6%

Value $928M Shares 6,790,527 Share Price $136.68 Est. Cost/Share — Unrealized @ Report Date —

MCO MOODYS CORP 11.6%

Value $791M Shares 5,684,286 Share Price $139.21 Est. Cost/Share — Unrealized @ Report Date —

MA MASTERCARD INC 11.0%

Value $752M Shares 5,325,084 Share Price $141.20 Est. Cost/Share — Unrealized @ Report Date —

MKL MARKEL CORP 8.0%

Value $548M Shares 513,348 Share Price $1067.98 Est. Cost/Share — Unrealized @ Report Date —

V VISA INC 7.5%

Value $515M Shares 4,889,020 Share Price $105.24 Est. Cost/Share — Unrealized @ Report Date —

DLTR DOLLAR TREE INC 6.1%

Value $420M Shares 4,837,794 Share Price $86.82 Est. Cost/Share — Unrealized @ Report Date —

ORLY O REILLY AUTOMOTIVE INC NEW 6.0%

Value $408M Shares 1,893,626 Share Price $215.37 Est. Cost/Share — Unrealized @ Report Date —

KMX CARMAX INC 5.7%

Value $391M Shares 5,154,513 Share Price $75.81 Est. Cost/Share — Unrealized @ Report Date —

ROP ROPER INDS INC NEW 5.5%

Value $378M Shares 1,554,366 Share Price $243.40 Est. Cost/Share — Unrealized @ Report Date —

— SBA COMMUNICATIONS CORP 5.2%

Value $355M Shares 2,465,000 Share Price $144.05 Est. Cost/Share — Unrealized @ Report Date —

— ENSTAR GROUP LIMITED 4.7%

Value $321M Shares 1,445,300 Share Price $222.35 Est. Cost/Share — Unrealized @ Report Date —

VRSK VERISK ANALYTICS INC 3.1%

Value $215M Shares 2,580,946 Share Price $83.19 Est. Cost/Share — Unrealized @ Report Date —

— UBIQUITI NETWORKS INC 2.2%

Value $150M Shares 2,680,000 Share Price $56.02 Est. Cost/Share — Unrealized @ Report Date —

— TD AMERITRADE HLDG CORP 2.1%

Value $145M Shares 2,967,500 Share Price $48.80 Est. Cost/Share — Unrealized @ Report Date —

DHR DANAHER CORP DEL 2.1%

Value $142M Shares 1,655,300 Share Price $85.78 Est. Cost/Share — Unrealized @ Report Date —

LKQ LKQ CORP 1.7%

Value $113M Shares 3,150,000 Share Price $35.99 Est. Cost/Share — Unrealized @ Report Date —

MNRO MONRO MUFFLER BRAKE INC 1.3%

Value $89.68M Shares 1,600,000 Share Price $56.05 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value $52.69M Shares 287,403 Share Price $183.32 Est. Cost/Share — Unrealized @ Report Date —

— AMERICAN TOWER CORP NEW 0.6%

Value $38.39M Shares 314,457 Share Price $122.08 Est. Cost/Share — Unrealized @ Report Date —

DHIL DIAMOND HILL INVESTMENT GROU 0.5%

Value $30.9M Shares 145,500 Share Price $212.35 Est. Cost/Share — Unrealized @ Report Date —

— PRIMO WTR CORP 0.3%

Value $20.21M Shares 1,705,868 Share Price $11.85 Est. Cost/Share — Unrealized @ Report Date —

ALRM ALARM COM HLDGS INC 0.3%

Value $18.07M Shares 400,000 Share Price $45.18 Est. Cost/Share — Unrealized @ Report Date —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value $11.54M Shares 42 Share Price $274738.10 Est. Cost/Share — Unrealized @ Report Date —

BOC BOSTON OMAHA CORP 0.1%

Value $5.425M Shares 350,000 Share Price $15.50 Est. Cost/Share — Unrealized @ Report Date —

LAMR LAMAR ADVERTISING CO 0.0%

Value $3.326M Shares 48,530 Share Price $68.53 Est. Cost/Share — Unrealized @ Report Date —

CSX CSX CORP 0.0%

Value $266K Shares 4,899 Share Price $54.30 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,790,527	$928M	13.6%	$136.68	—	—	COM	03027X100
MCO	MOODYS CORP	5,684,286	$791M	11.6%	$139.21	—	—	COM	615369105
MA	MASTERCARD INC	5,325,084	$752M	11.0%	$141.20	—	—	CL A	57636Q104
MKL	MARKEL CORP	513,348	$548M	8.0%	$1067.98	—	—	COM	570535104
V	VISA INC	4,889,020	$515M	7.5%	$105.24	—	—	COM CL A	92826C839
DLTR	DOLLAR TREE INC	4,837,794	$420M	6.1%	$86.82	—	—	COM	256746108
ORLY	O REILLY AUTOMOTIVE INC NEW	1,893,626	$408M	6.0%	$215.37	—	—	COM	67103H107
KMX	CARMAX INC	5,154,513	$391M	5.7%	$75.81	—	—	COM	143130102
ROP	ROPER INDS INC NEW	1,554,366	$378M	5.5%	$243.40	—	—	COM	776696106
—	SBA COMMUNICATIONS CORP	2,465,000	$355M	5.2%	$144.05	—	—	COM	78388J106
—	ENSTAR GROUP LIMITED	1,445,300	$321M	4.7%	$222.35	—	—	SHS	G3075P101
VRSK	VERISK ANALYTICS INC	2,580,946	$215M	3.1%	$83.19	—	—	CL A	92345Y106
—	UBIQUITI NETWORKS INC	2,680,000	$150M	2.2%	$56.02	—	—	COM	90347A100
—	TD AMERITRADE HLDG CORP	2,967,500	$145M	2.1%	$48.80	—	—	COM	87236Y108
DHR	DANAHER CORP DEL	1,655,300	$142M	2.1%	$85.78	—	—	COM	235851102
LKQ	LKQ CORP	3,150,000	$113M	1.7%	$35.99	—	—	COM	501889208
MNRO	MONRO MUFFLER BRAKE INC	1,600,000	$89.68M	1.3%	$56.05	—	—	COM	610236101
BRK/B	BERKSHIRE HATHAWAY INC DEL	287,403	$52.69M	0.8%	$183.32	—	—	CL B NEW	084670702
—	AMERICAN TOWER CORP NEW	314,457	$38.39M	0.6%	$122.08	—	—	PFD CONV SER B	03027X407
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$30.9M	0.5%	$212.35	—	—	COM NEW	25264R207
—	PRIMO WTR CORP	1,705,868	$20.21M	0.3%	$11.85	—	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	400,000	$18.07M	0.3%	$45.18	—	—	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$11.54M	0.2%	$274738.10	—	—	CL A	084670108
BOC	BOSTON OMAHA CORP	350,000	$5.425M	0.1%	$15.50	—	—	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3.326M	0.0%	$68.53	—	—	CL A	512816109
CSX	CSX CORP	4,899	$266K	0.0%	$54.30	—	—	COM	126408103