AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 15, 2018

Total Value ($000): $8,564,933 (100.0% shares, 0.0% debt)

Holdings (24)

MA MASTERCARD INC 13.8%

Value ($000) $1,185,880 Shares 5,327,165 Est. Cost $75.93 Unrealized +163.8%

AMT AMERICAN TOWER CORP NEW 12.0%

Value ($000) $1,026,987 Shares 7,068,048 Est. Cost $67.59 Unrealized +78.7%

MCO MOODYS CORP 11.1%

Value ($000) $949,967 Shares 5,681,621 Est. Cost $68.74 Unrealized +139.9%

V VISA INC 8.6%

Value ($000) $733,530 Shares 4,887,270 Est. Cost $67.28 Unrealized +100.8%

ORLY O REILLY AUTOMOTIVE INC NEW 7.7%

Value ($000) $655,499 Shares 1,887,307 Est. Cost $11.27 Unrealized +88.6%

MKL MARKEL CORP 7.1%

Value ($000) $609,802 Shares 513,090 Est. Cost $555.69 Unrealized +111.8%

ROP ROPER INDS INC NEW 5.4%

Value ($000) $461,849 Shares 1,559,194 Est. Cost $140.83 Unrealized +100.5%

DLTR DOLLAR TREE INC 4.8%

Value ($000) $414,766 Shares 5,086,035 Est. Cost $59.23 Unrealized +48.2%

— SBA COMMUNICATIONS CORP 4.6%

Value ($000) $395,953 Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 4.6%

Value ($000) $392,353 Shares 5,254,491 Est. Cost $53.90 Unrealized +41.5%

VRSK VERISK ANALYTICS INC 3.6%

Value ($000) $306,612 Shares 2,543,442 Est. Cost $66.25 Unrealized +67.9%

KKR KKR & CO L P DEL 3.2%

Value ($000) $272,700 Shares 10,000,000 Est. Cost $20.20 Unrealized +21.1%

— UBIQUITI NETWORKS INC 3.1%

Value ($000) $264,945 Shares 2,680,000 Est. Cost $32.40 Unrealized —

— ENSTAR GROUP LIMITED 2.8%

Value ($000) $243,885 Shares 1,169,714 Est. Cost $146.75 Unrealized —

DHR DANAHER CORP DEL 2.1%

Value ($000) $179,865 Shares 1,655,300 Est. Cost $34.23 Unrealized +157.2%

— TD AMERITRADE HLDG CORP 1.8%

Value ($000) $156,773 Shares 2,967,500 Est. Cost $24.45 Unrealized —

— FOCUS FINL PARTNERS INC 1.5%

Value ($000) $130,515 Shares 2,750,000 Est. Cost $47.46 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.7%

Value ($000) $61,252 Shares 286,076 Est. Cost $118.69 Unrealized +72.9%

— PRIMO WTR CORP 0.6%

Value ($000) $51,320 Shares 2,843,220 Est. Cost $7.96 Unrealized —

ALRM ALARM COM HLDGS INC 0.4%

Value ($000) $34,484 Shares 600,770 Est. Cost $24.61 Unrealized +104.3%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $13,440 Shares 42 Est. Cost $173634.64 Unrealized +78.3%

DHIL DIAMOND HILL INVESTMENT GROU 0.1%

Value ($000) $10,891 Shares 65,848 Est. Cost $41.91 Unrealized +167.9%

BOC BOSTON OMAHA CORP 0.1%

Value ($000) $7,889 Shares 263,834 Est. Cost $15.19 Unrealized +55.7%

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,776 Shares 48,530 Est. Cost $53.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INC	5,327,165	$1,185,880	13.8%	$75.93	+163.8%	CL A	57636Q104
AMT	AMERICAN TOWER CORP NEW	7,068,048	$1,026,987	12.0%	$67.59	+78.7%	COM	03027X100
MCO	MOODYS CORP	5,681,621	$949,967	11.1%	$68.74	+139.9%	COM	615369105
V	VISA INC	4,887,270	$733,530	8.6%	$67.28	+100.8%	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,887,307	$655,499	7.7%	$11.27	+88.6%	COM	67103H107
MKL	MARKEL CORP	513,090	$609,802	7.1%	$555.69	+111.8%	COM	570535104
ROP	ROPER INDS INC NEW	1,559,194	$461,849	5.4%	$140.83	+100.5%	COM	776696106
DLTR	DOLLAR TREE INC	5,086,035	$414,766	4.8%	$59.23	+48.2%	COM	256746108
—	SBA COMMUNICATIONS CORP	2,465,000	$395,953	4.6%	$98.63	—	COM	78388J106
KMX	CARMAX INC	5,254,491	$392,353	4.6%	$53.90	+41.5%	COM	143130102
VRSK	VERISK ANALYTICS INC	2,543,442	$306,612	3.6%	$66.25	+67.9%	CL A	92345Y106
KKR	KKR & CO L P DEL	10,000,000	$272,700	3.2%	$20.20	+21.1%	COM UNITS	48251W104
—	UBIQUITI NETWORKS INC	2,680,000	$264,945	3.1%	$32.40	—	COM	90347A100
—	ENSTAR GROUP LIMITED	1,169,714	$243,885	2.8%	$146.75	—	SHS	G3075P101
DHR	DANAHER CORP DEL	1,655,300	$179,865	2.1%	$34.23	+157.2%	COM	235851102
—	TD AMERITRADE HLDG CORP	2,967,500	$156,773	1.8%	$24.45	—	COM	87236Y108
—	FOCUS FINL PARTNERS INC	2,750,000	$130,515	1.5%	$47.46	—	COM CL A	34417P100
BRK/B	BERKSHIRE HATHAWAY INC DEL	286,076	$61,252	0.7%	$118.69	+72.9%	CL B NEW	084670702
—	PRIMO WTR CORP	2,843,220	$51,320	0.6%	$7.96	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	600,770	$34,484	0.4%	$24.61	+104.3%	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$13,440	0.2%	$173634.64	+78.3%	CL A	084670108
DHIL	DIAMOND HILL INVESTMENT GROU	65,848	$10,891	0.1%	$41.91	+167.9%	COM NEW	25264R207
BOC	BOSTON OMAHA CORP	263,834	$7,889	0.1%	$15.19	+55.7%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3,776	0.0%	$53.64	—	CL A	512816109