AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 14, 2018

Total Value: $7.916B (100.0% shares, 0.0% debt)

Holdings (23)

MA MASTERCARD INC 13.2%

Value $1.047B Shares 5,329,671 Est. Cost $75.93 Unrealized +137.5%

AMT AMERICAN TOWER CORP NEW 12.9%

Value $1.019B Shares 7,071,319 Est. Cost $67.59 Unrealized +68.4%

MCO MOODYS CORP 12.2%

Value $969M Shares 5,682,813 Est. Cost $68.74 Unrealized +130.3%

V VISA INC 8.2%

Value $647M Shares 4,887,270 Est. Cost $67.28 Unrealized +81.5%

MKL MARKEL CORP 7.0%

Value $557M Shares 513,418 Est. Cost $555.69 Unrealized +103.2%

ORLY O REILLY AUTOMOTIVE INC NEW 6.5%

Value $517M Shares 1,888,330 Est. Cost $11.27 Unrealized +54.4%

ROP ROPER INDS INC NEW 5.4%

Value $430M Shares 1,559,634 Est. Cost $140.83 Unrealized +87.3%

DLTR DOLLAR TREE INC 5.4%

Value $428M Shares 5,032,556 Est. Cost $58.92 Unrealized +56.5%

— SBA COMMUNICATIONS CORP 5.1%

Value $407M Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 4.8%

Value $383M Shares 5,254,491 Est. Cost $53.90 Unrealized +23.9%

VRSK VERISK ANALYTICS INC 3.5%

Value $274M Shares 2,544,553 Est. Cost $66.25 Unrealized +53.6%

— ENSTAR GROUP LIMITED 3.4%

Value $273M Shares 1,317,002 Est. Cost $146.75 Unrealized —

KKR KKR & CO L P DEL 3.1%

Value $249M Shares 10,000,000 Est. Cost $20.20 Unrealized 0.0%

— UBIQUITI NETWORKS INC 2.9%

Value $227M Shares 2,680,000 Est. Cost $32.40 Unrealized —

DHR DANAHER CORP DEL 2.1%

Value $163M Shares 1,655,300 Est. Cost $34.23 Unrealized +151.2%

— TD AMERITRADE HLDG CORP 2.1%

Value $163M Shares 2,967,500 Est. Cost $24.45 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.7%

Value $53.49M Shares 286,576 Est. Cost $118.69 Unrealized +64.2%

— PRIMO WTR CORP 0.6%

Value $49.73M Shares 2,843,220 Est. Cost $7.96 Unrealized —

ALRM ALARM COM HLDGS INC 0.3%

Value $24.26M Shares 600,770 Est. Cost $24.61 Unrealized +68.6%

DHIL DIAMOND HILL INVESTMENT GROU 0.2%

Value $12.8M Shares 65,848 Est. Cost $41.91 Unrealized +187.6%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value $11.85M Shares 42 Est. Cost $173634.64 Unrealized +68.7%

BOC BOSTON OMAHA CORP 0.1%

Value $7.374M Shares 350,000 Est. Cost $15.19 Unrealized +54.0%

LAMR LAMAR ADVERTISING CO 0.0%

Value $3.315M Shares 48,530 Est. Cost $53.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INC	5,329,671	$1.047B	13.2%	$75.93	+137.5%	CL A	57636Q104
AMT	AMERICAN TOWER CORP NEW	7,071,319	$1.019B	12.9%	$67.59	+68.4%	COM	03027X100
MCO	MOODYS CORP	5,682,813	$969M	12.2%	$68.74	+130.3%	COM	615369105
V	VISA INC	4,887,270	$647M	8.2%	$67.28	+81.5%	COM CL A	92826C839
MKL	MARKEL CORP	513,418	$557M	7.0%	$555.69	+103.2%	COM	570535104
ORLY	O REILLY AUTOMOTIVE INC NEW	1,888,330	$517M	6.5%	$11.27	+54.4%	COM	67103H107
ROP	ROPER INDS INC NEW	1,559,634	$430M	5.4%	$140.83	+87.3%	COM	776696106
DLTR	DOLLAR TREE INC	5,032,556	$428M	5.4%	$58.92	+56.5%	COM	256746108
—	SBA COMMUNICATIONS CORP	2,465,000	$407M	5.1%	$98.63	—	COM	78388J106
KMX	CARMAX INC	5,254,491	$383M	4.8%	$53.90	+23.9%	COM	143130102
VRSK	VERISK ANALYTICS INC	2,544,553	$274M	3.5%	$66.25	+53.6%	CL A	92345Y106
—	ENSTAR GROUP LIMITED	1,317,002	$273M	3.4%	$146.75	—	SHS	G3075P101
KKR	KKR & CO L P DEL	10,000,000	$249M	3.1%	$20.20	0.0%	COM UNITS	48251W104
—	UBIQUITI NETWORKS INC	2,680,000	$227M	2.9%	$32.40	—	COM	90347A100
DHR	DANAHER CORP DEL	1,655,300	$163M	2.1%	$34.23	+151.2%	COM	235851102
—	TD AMERITRADE HLDG CORP	2,967,500	$163M	2.1%	$24.45	—	COM	87236Y108
BRK/B	BERKSHIRE HATHAWAY INC DEL	286,576	$53.49M	0.7%	$118.69	+64.2%	CL B NEW	084670702
—	PRIMO WTR CORP	2,843,220	$49.73M	0.6%	$7.96	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	600,770	$24.26M	0.3%	$24.61	+68.6%	COM	011642105
DHIL	DIAMOND HILL INVESTMENT GROU	65,848	$12.8M	0.2%	$41.91	+187.6%	COM NEW	25264R207
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$11.85M	0.1%	$173634.64	+68.7%	CL A	084670108
BOC	BOSTON OMAHA CORP	350,000	$7.374M	0.1%	$15.19	+54.0%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3.315M	0.0%	$53.64	—	CL A	512816109