AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $7,226,939 (100.0% shares, 0.0% debt)

Holdings (24)

AMT AMERICAN TOWER CORP NEW 13.4%

Value ($000) $969,041 Shares 6,792,187 Est. Cost $65.76 Unrealized +76.0%

MCO MOODYS CORP 11.6%

Value ($000) $839,453 Shares 5,686,967 Est. Cost $68.74 Unrealized +98.3%

MA MASTERCARD INC 11.2%

Value ($000) $806,606 Shares 5,329,057 Est. Cost $75.93 Unrealized +87.3%

MKL MARKEL CORP 8.1%

Value ($000) $585,425 Shares 513,923 Est. Cost $555.69 Unrealized +96.7%

V VISA INC 7.7%

Value ($000) $557,446 Shares 4,889,020 Est. Cost $67.28 Unrealized +55.2%

DLTR DOLLAR TREE INC 7.2%

Value ($000) $519,447 Shares 4,840,619 Est. Cost $57.58 Unrealized +69.7%

ORLY O REILLY AUTOMOTIVE INC NEW 6.3%

Value ($000) $455,726 Shares 1,894,595 Est. Cost $11.27 Unrealized +32.1%

ROP ROPER INDS INC NEW 5.6%

Value ($000) $402,859 Shares 1,555,441 Est. Cost $140.83 Unrealized +73.7%

— SBA COMMUNICATIONS CORP 5.6%

Value ($000) $402,682 Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 4.6%

Value ($000) $330,520 Shares 5,153,910 Est. Cost $53.67 Unrealized +32.9%

— ENSTAR GROUP LIMITED 4.0%

Value ($000) $290,484 Shares 1,446,996 Est. Cost $146.75 Unrealized —

VRSK VERISK ANALYTICS INC 3.4%

Value ($000) $247,686 Shares 2,580,065 Est. Cost $66.25 Unrealized +30.6%

— UBIQUITI NETWORKS INC 2.6%

Value ($000) $190,334 Shares 2,680,000 Est. Cost $32.40 Unrealized —

DHR DANAHER CORP DEL 2.1%

Value ($000) $153,645 Shares 1,655,300 Est. Cost $34.23 Unrealized +128.5%

— TD AMERITRADE HLDG CORP 2.1%

Value ($000) $151,728 Shares 2,967,500 Est. Cost $24.45 Unrealized —

LKQ LKQ CORP 1.8%

Value ($000) $128,110 Shares 3,150,000 Est. Cost $26.59 Unrealized +29.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value ($000) $57,115 Shares 288,137 Est. Cost $118.69 Unrealized +60.0%

— AMERICAN TOWER CORP NEW 0.5%

Value ($000) $39,458 Shares 313,782 Est. Cost $99.88 Unrealized —

DHIL DIAMOND HILL INVESTMENT GROU 0.4%

Value ($000) $30,069 Shares 145,500 Est. Cost $41.91 Unrealized +198.7%

— PRIMO WTR CORP 0.3%

Value ($000) $24,049 Shares 1,913,220 Est. Cost $3.33 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $17,618 Shares 466,698 Est. Cost $19.89 Unrealized +117.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $12,499 Shares 42 Est. Cost $173634.64 Unrealized +64.0%

BOC BOSTON OMAHA CORP 0.2%

Value ($000) $11,336 Shares 350,000 Est. Cost $15.19 Unrealized +35.9%

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,603 Shares 48,530 Est. Cost $53.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	6,792,187	$969,041	13.4%	$65.76	+76.0%	COM	03027X100
MCO	MOODYS CORP	5,686,967	$839,453	11.6%	$68.74	+98.3%	COM	615369105
MA	MASTERCARD INC	5,329,057	$806,606	11.2%	$75.93	+87.3%	CL A	57636Q104
MKL	MARKEL CORP	513,923	$585,425	8.1%	$555.69	+96.7%	COM	570535104
V	VISA INC	4,889,020	$557,446	7.7%	$67.28	+55.2%	COM CL A	92826C839
DLTR	DOLLAR TREE INC	4,840,619	$519,447	7.2%	$57.58	+69.7%	COM	256746108
ORLY	O REILLY AUTOMOTIVE INC NEW	1,894,595	$455,726	6.3%	$11.27	+32.1%	COM	67103H107
ROP	ROPER INDS INC NEW	1,555,441	$402,859	5.6%	$140.83	+73.7%	COM	776696106
—	SBA COMMUNICATIONS CORP	2,465,000	$402,682	5.6%	$98.63	—	COM	78388J106
KMX	CARMAX INC	5,153,910	$330,520	4.6%	$53.67	+32.9%	COM	143130102
—	ENSTAR GROUP LIMITED	1,446,996	$290,484	4.0%	$146.75	—	SHS	G3075P101
VRSK	VERISK ANALYTICS INC	2,580,065	$247,686	3.4%	$66.25	+30.6%	CL A	92345Y106
—	UBIQUITI NETWORKS INC	2,680,000	$190,334	2.6%	$32.40	—	COM	90347A100
DHR	DANAHER CORP DEL	1,655,300	$153,645	2.1%	$34.23	+128.5%	COM	235851102
—	TD AMERITRADE HLDG CORP	2,967,500	$151,728	2.1%	$24.45	—	COM	87236Y108
LKQ	LKQ CORP	3,150,000	$128,110	1.8%	$26.59	+29.2%	COM	501889208
BRK/B	BERKSHIRE HATHAWAY INC DEL	288,137	$57,115	0.8%	$118.69	+60.0%	CL B NEW	084670702
—	AMERICAN TOWER CORP NEW	313,782	$39,458	0.5%	$99.88	—	PFD CONV SER B	03027X407
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$30,069	0.4%	$41.91	+198.7%	COM NEW	25264R207
—	PRIMO WTR CORP	1,913,220	$24,049	0.3%	$3.33	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	466,698	$17,618	0.2%	$19.89	+117.0%	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$12,499	0.2%	$173634.64	+64.0%	CL A	084670108
BOC	BOSTON OMAHA CORP	350,000	$11,336	0.2%	$15.19	+35.9%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3,603	0.0%	$53.64	—	CL A	512816109