AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value: $7.62B (100.0% shares, 0.0% debt)

Holdings (24)

AMT AMERICAN TOWER CORP NEW 13.5%

Value $1.026B Shares 7,056,211 Share Price $145.34 Est. Cost/Share — Unrealized @ Report Date —

MA MASTERCARD INC 12.2%

Value $932M Shares 5,322,781 Share Price $175.16 Est. Cost/Share — Unrealized @ Report Date —

MCO MOODYS CORP 12.0%

Value $917M Shares 5,684,806 Share Price $161.30 Est. Cost/Share — Unrealized @ Report Date —

MKL MARKEL CORP 7.9%

Value $601M Shares 513,271 Share Price $1170.25 Est. Cost/Share — Unrealized @ Report Date —

V VISA INC 7.7%

Value $585M Shares 4,887,270 Share Price $119.62 Est. Cost/Share — Unrealized @ Report Date —

ORLY O REILLY AUTOMOTIVE INC NEW 6.1%

Value $468M Shares 1,893,659 Share Price $247.38 Est. Cost/Share — Unrealized @ Report Date —

DLTR DOLLAR TREE INC 6.0%

Value $459M Shares 4,836,865 Share Price $94.90 Est. Cost/Share — Unrealized @ Report Date —

ROP ROPER INDS INC NEW 5.7%

Value $437M Shares 1,555,919 Share Price $280.69 Est. Cost/Share — Unrealized @ Report Date —

— SBA COMMUNICATIONS CORP 5.5%

Value $421M Shares 2,465,000 Share Price $170.92 Est. Cost/Share — Unrealized @ Report Date —

KMX CARMAX INC 4.2%

Value $320M Shares 5,162,166 Share Price $61.94 Est. Cost/Share — Unrealized @ Report Date —

— ENSTAR GROUP LIMITED 3.9%

Value $295M Shares 1,404,884 Share Price $210.25 Est. Cost/Share — Unrealized @ Report Date —

VRSK VERISK ANALYTICS INC 3.5%

Value $267M Shares 2,569,932 Share Price $104.00 Est. Cost/Share — Unrealized @ Report Date —

— UBIQUITI NETWORKS INC 2.4%

Value $184M Shares 2,680,000 Share Price $68.80 Est. Cost/Share — Unrealized @ Report Date —

— TD AMERITRADE HLDG CORP 2.3%

Value $177M Shares 2,984,578 Share Price $59.23 Est. Cost/Share — Unrealized @ Report Date —

DHR DANAHER CORP DEL 2.1%

Value $162M Shares 1,655,300 Share Price $97.91 Est. Cost/Share — Unrealized @ Report Date —

LKQ LKQ CORP 1.6%

Value $120M Shares 3,150,000 Share Price $37.95 Est. Cost/Share — Unrealized @ Report Date —

— KKR & CO L P DEL 1.3%

Value $97.44M Shares 4,800,000 Share Price $20.30 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value $57.39M Shares 287,713 Share Price $199.48 Est. Cost/Share — Unrealized @ Report Date —

DHIL DIAMOND HILL INVESTMENT GROU 0.4%

Value $30.05M Shares 145,500 Share Price $206.56 Est. Cost/Share — Unrealized @ Report Date —

— PRIMO WTR CORP 0.3%

Value $22.4M Shares 1,913,220 Share Price $11.71 Est. Cost/Share — Unrealized @ Report Date —

ALRM ALARM COM HLDGS INC 0.2%

Value $18.25M Shares 483,487 Share Price $37.74 Est. Cost/Share — Unrealized @ Report Date —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value $12.56M Shares 42 Share Price $299095.24 Est. Cost/Share — Unrealized @ Report Date —

BOC BOSTON OMAHA CORP 0.1%

Value $7.651M Shares 350,000 Share Price $21.86 Est. Cost/Share — Unrealized @ Report Date —

LAMR LAMAR ADVERTISING CO 0.0%

Value $3.089M Shares 48,530 Share Price $63.65 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	7,056,211	$1.026B	13.5%	$145.34	—	—	COM	03027X100
MA	MASTERCARD INC	5,322,781	$932M	12.2%	$175.16	—	—	CL A	57636Q104
MCO	MOODYS CORP	5,684,806	$917M	12.0%	$161.30	—	—	COM	615369105
MKL	MARKEL CORP	513,271	$601M	7.9%	$1170.25	—	—	COM	570535104
V	VISA INC	4,887,270	$585M	7.7%	$119.62	—	—	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,893,659	$468M	6.1%	$247.38	—	—	COM	67103H107
DLTR	DOLLAR TREE INC	4,836,865	$459M	6.0%	$94.90	—	—	COM	256746108
ROP	ROPER INDS INC NEW	1,555,919	$437M	5.7%	$280.69	—	—	COM	776696106
—	SBA COMMUNICATIONS CORP	2,465,000	$421M	5.5%	$170.92	—	—	COM	78388J106
KMX	CARMAX INC	5,162,166	$320M	4.2%	$61.94	—	—	COM	143130102
—	ENSTAR GROUP LIMITED	1,404,884	$295M	3.9%	$210.25	—	—	SHS	G3075P101
VRSK	VERISK ANALYTICS INC	2,569,932	$267M	3.5%	$104.00	—	—	CL A	92345Y106
—	UBIQUITI NETWORKS INC	2,680,000	$184M	2.4%	$68.80	—	—	COM	90347A100
—	TD AMERITRADE HLDG CORP	2,984,578	$177M	2.3%	$59.23	—	—	COM	87236Y108
DHR	DANAHER CORP DEL	1,655,300	$162M	2.1%	$97.91	—	—	COM	235851102
LKQ	LKQ CORP	3,150,000	$120M	1.6%	$37.95	—	—	COM	501889208
—	KKR & CO L P DEL	4,800,000	$97.44M	1.3%	$20.30	—	—	COM UNITS	48248M102
BRK/B	BERKSHIRE HATHAWAY INC DEL	287,713	$57.39M	0.8%	$199.48	—	—	CL B NEW	084670702
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$30.05M	0.4%	$206.56	—	—	COM NEW	25264R207
—	PRIMO WTR CORP	1,913,220	$22.4M	0.3%	$11.71	—	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	483,487	$18.25M	0.2%	$37.74	—	—	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$12.56M	0.2%	$299095.24	—	—	CL A	084670108
BOC	BOSTON OMAHA CORP	350,000	$7.651M	0.1%	$21.86	—	—	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3.089M	0.0%	$63.65	—	—	CL A	512816109