AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $7,619,645 (100.0% shares, 0.0% debt)

Holdings (24)

AMT AMERICAN TOWER CORP NEW 13.5%

Value ($000) $1,025,550 Shares 7,056,211 Est. Cost $67.59 Unrealized +69.8%

MA MASTERCARD INC 12.2%

Value ($000) $932,338 Shares 5,322,781 Est. Cost $75.93 Unrealized +115.6%

MCO MOODYS CORP 12.0%

Value ($000) $916,959 Shares 5,684,806 Est. Cost $68.74 Unrealized +119.7%

MKL MARKEL CORP 7.9%

Value ($000) $600,655 Shares 513,271 Est. Cost $555.69 Unrealized +102.6%

V VISA INC 7.7%

Value ($000) $584,615 Shares 4,887,270 Est. Cost $67.28 Unrealized +70.6%

ORLY O REILLY AUTOMOTIVE INC NEW 6.1%

Value ($000) $468,453 Shares 1,893,659 Est. Cost $11.27 Unrealized +50.1%

DLTR DOLLAR TREE INC 6.0%

Value ($000) $459,018 Shares 4,836,865 Est. Cost $57.58 Unrealized +82.1%

ROP ROPER INDS INC NEW 5.7%

Value ($000) $436,731 Shares 1,555,919 Est. Cost $140.83 Unrealized +87.0%

— SBA COMMUNICATIONS CORP 5.5%

Value ($000) $421,318 Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 4.2%

Value ($000) $319,745 Shares 5,162,166 Est. Cost $53.67 Unrealized +21.8%

— ENSTAR GROUP LIMITED 3.9%

Value ($000) $295,377 Shares 1,404,884 Est. Cost $146.75 Unrealized —

VRSK VERISK ANALYTICS INC 3.5%

Value ($000) $267,273 Shares 2,569,932 Est. Cost $66.25 Unrealized +44.0%

— UBIQUITI NETWORKS INC 2.4%

Value ($000) $184,384 Shares 2,680,000 Est. Cost $32.40 Unrealized —

— TD AMERITRADE HLDG CORP 2.3%

Value ($000) $176,777 Shares 2,984,578 Est. Cost $24.45 Unrealized —

DHR DANAHER CORP DEL 2.1%

Value ($000) $162,070 Shares 1,655,300 Est. Cost $34.23 Unrealized +146.2%

LKQ LKQ CORP 1.6%

Value ($000) $119,542 Shares 3,150,000 Est. Cost $26.59 Unrealized +37.1%

— KKR & CO L P DEL 1.3%

Value ($000) $97,440 Shares 4,800,000 Est. Cost $20.30 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value ($000) $57,393 Shares 287,713 Est. Cost $118.69 Unrealized +73.0%

DHIL DIAMOND HILL INVESTMENT GROU 0.4%

Value ($000) $30,054 Shares 145,500 Est. Cost $41.91 Unrealized +202.4%

— PRIMO WTR CORP 0.3%

Value ($000) $22,404 Shares 1,913,220 Est. Cost $3.33 Unrealized —

ALRM ALARM COM HLDGS INC 0.2%

Value ($000) $18,247 Shares 483,487 Est. Cost $20.51 Unrealized +83.9%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $12,562 Shares 42 Est. Cost $173634.64 Unrealized +77.5%

BOC BOSTON OMAHA CORP 0.1%

Value ($000) $7,651 Shares 350,000 Est. Cost $15.19 Unrealized +51.6%

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,089 Shares 48,530 Est. Cost $53.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	7,056,211	$1,025,550	13.5%	$67.59	+69.8%	COM	03027X100
MA	MASTERCARD INC	5,322,781	$932,338	12.2%	$75.93	+115.6%	CL A	57636Q104
MCO	MOODYS CORP	5,684,806	$916,959	12.0%	$68.74	+119.7%	COM	615369105
MKL	MARKEL CORP	513,271	$600,655	7.9%	$555.69	+102.6%	COM	570535104
V	VISA INC	4,887,270	$584,615	7.7%	$67.28	+70.6%	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,893,659	$468,453	6.1%	$11.27	+50.1%	COM	67103H107
DLTR	DOLLAR TREE INC	4,836,865	$459,018	6.0%	$57.58	+82.1%	COM	256746108
ROP	ROPER INDS INC NEW	1,555,919	$436,731	5.7%	$140.83	+87.0%	COM	776696106
—	SBA COMMUNICATIONS CORP	2,465,000	$421,318	5.5%	$98.63	—	COM	78388J106
KMX	CARMAX INC	5,162,166	$319,745	4.2%	$53.67	+21.8%	COM	143130102
—	ENSTAR GROUP LIMITED	1,404,884	$295,377	3.9%	$146.75	—	SHS	G3075P101
VRSK	VERISK ANALYTICS INC	2,569,932	$267,273	3.5%	$66.25	+44.0%	CL A	92345Y106
—	UBIQUITI NETWORKS INC	2,680,000	$184,384	2.4%	$32.40	—	COM	90347A100
—	TD AMERITRADE HLDG CORP	2,984,578	$176,777	2.3%	$24.45	—	COM	87236Y108
DHR	DANAHER CORP DEL	1,655,300	$162,070	2.1%	$34.23	+146.2%	COM	235851102
LKQ	LKQ CORP	3,150,000	$119,542	1.6%	$26.59	+37.1%	COM	501889208
—	KKR & CO L P DEL	4,800,000	$97,440	1.3%	$20.30	—	COM UNITS	48248M102
BRK/B	BERKSHIRE HATHAWAY INC DEL	287,713	$57,393	0.8%	$118.69	+73.0%	CL B NEW	084670702
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$30,054	0.4%	$41.91	+202.4%	COM NEW	25264R207
—	PRIMO WTR CORP	1,913,220	$22,404	0.3%	$3.33	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	483,487	$18,247	0.2%	$20.51	+83.9%	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$12,562	0.2%	$173634.64	+77.5%	CL A	084670108
BOC	BOSTON OMAHA CORP	350,000	$7,651	0.1%	$15.19	+51.6%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3,089	0.0%	$53.64	—	CL A	512816109