AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 13, 2019

Total Value ($000): $9,476,279 (100.0% shares, 0.0% debt)

Holdings (25)

AMT AMERICAN TOWER CORP NEW 14.9%

Value ($000) $1,416,236 Shares 7,186,828 Est. Cost $68.90 Unrealized +112.0%

MA MASTERCARD INC 13.2%

Value ($000) $1,254,458 Shares 5,327,915 Est. Cost $75.93 Unrealized +172.9%

MCO MOODYS CORP 10.9%

Value ($000) $1,029,021 Shares 5,682,371 Est. Cost $68.74 Unrealized +125.4%

V VISA INC 8.1%

Value ($000) $763,343 Shares 4,887,270 Est. Cost $67.28 Unrealized +104.2%

ORLY O REILLY AUTOMOTIVE INC NEW 7.7%

Value ($000) $732,852 Shares 1,887,335 Est. Cost $11.27 Unrealized +114.6%

ROP ROPER INDS INC NEW 5.7%

Value ($000) $536,003 Shares 1,567,399 Est. Cost $140.83 Unrealized +107.0%

DLTR DOLLAR TREE INC 5.6%

Value ($000) $534,298 Shares 5,086,615 Est. Cost $59.23 Unrealized +65.7%

MKL MARKEL CORP 5.4%

Value ($000) $511,201 Shares 513,130 Est. Cost $555.69 Unrealized +82.7%

— SBA COMMUNICATIONS CORP 5.2%

Value ($000) $492,162 Shares 2,465,000 Est. Cost $98.63 Unrealized —

KMX CARMAX INC 4.5%

Value ($000) $424,243 Shares 6,077,981 Est. Cost $55.32 Unrealized +11.4%

— UBIQUITI NETWORKS INC 4.2%

Value ($000) $401,223 Shares 2,680,000 Est. Cost $32.40 Unrealized —

VRSK VERISK ANALYTICS INC 3.6%

Value ($000) $338,322 Shares 2,543,775 Est. Cost $66.25 Unrealized +75.6%

KKR KKR & CO L P DEL 3.2%

Value ($000) $299,582 Shares 12,753,600 Est. Cost $20.38 Unrealized +3.4%

DHR DANAHER CORP DEL 2.3%

Value ($000) $218,533 Shares 1,655,300 Est. Cost $34.23 Unrealized +190.4%

— TD AMERITRADE HLDG CORP 1.8%

Value ($000) $167,466 Shares 3,350,000 Est. Cost $27.25 Unrealized —

— FOCUS FINL PARTNERS INC 1.1%

Value ($000) $105,851 Shares 2,970,000 Est. Cost $45.89 Unrealized —

— ENSTAR GROUP LIMITED 0.8%

Value ($000) $79,248 Shares 455,447 Est. Cost $146.75 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.6%

Value ($000) $57,504 Shares 286,246 Est. Cost $118.69 Unrealized +70.1%

— PRIMO WTR CORP 0.5%

Value ($000) $44,195 Shares 2,858,679 Est. Cost $7.96 Unrealized —

ALRM ALARM COM HLDGS INC 0.4%

Value ($000) $38,990 Shares 600,770 Est. Cost $24.61 Unrealized +146.5%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $12,651 Shares 42 Est. Cost $173634.64 Unrealized +74.4%

DHIL DIAMOND HILL INVESTMENT GROU 0.1%

Value ($000) $7,937 Shares 56,694 Est. Cost $41.91 Unrealized +125.3%

BOC BOSTON OMAHA CORP 0.1%

Value ($000) $6,045 Shares 242,396 Est. Cost $15.19 Unrealized +64.7%

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,846 Shares 48,530 Est. Cost $53.64 Unrealized —

GSHD GOOSEHEAD INS INC 0.0%

Value ($000) $1,069 Shares 38,331 Est. Cost $28.39 Unrealized +0.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	7,186,828	$1,416,236	14.9%	$68.90	+112.0%	COM	03027X100
MA	MASTERCARD INC	5,327,915	$1,254,458	13.2%	$75.93	+172.9%	CL A	57636Q104
MCO	MOODYS CORP	5,682,371	$1,029,021	10.9%	$68.74	+125.4%	COM	615369105
V	VISA INC	4,887,270	$763,343	8.1%	$67.28	+104.2%	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,887,335	$732,852	7.7%	$11.27	+114.6%	COM	67103H107
ROP	ROPER INDS INC NEW	1,567,399	$536,003	5.7%	$140.83	+107.0%	COM	776696106
DLTR	DOLLAR TREE INC	5,086,615	$534,298	5.6%	$59.23	+65.7%	COM	256746108
MKL	MARKEL CORP	513,130	$511,201	5.4%	$555.69	+82.7%	COM	570535104
—	SBA COMMUNICATIONS CORP	2,465,000	$492,162	5.2%	$98.63	—	COM	78388J106
KMX	CARMAX INC	6,077,981	$424,243	4.5%	$55.32	+11.4%	COM	143130102
—	UBIQUITI NETWORKS INC	2,680,000	$401,223	4.2%	$32.40	—	COM	90347A100
VRSK	VERISK ANALYTICS INC	2,543,775	$338,322	3.6%	$66.25	+75.6%	CL A	92345Y106
KKR	KKR & CO L P DEL	12,753,600	$299,582	3.2%	$20.38	+3.4%	COM UNITS	48251W104
DHR	DANAHER CORP DEL	1,655,300	$218,533	2.3%	$34.23	+190.4%	COM	235851102
—	TD AMERITRADE HLDG CORP	3,350,000	$167,466	1.8%	$27.25	—	COM	87236Y108
—	FOCUS FINL PARTNERS INC	2,970,000	$105,851	1.1%	$45.89	—	COM CL A	34417P100
—	ENSTAR GROUP LIMITED	455,447	$79,248	0.8%	$146.75	—	SHS	G3075P101
BRK/B	BERKSHIRE HATHAWAY INC DEL	286,246	$57,504	0.6%	$118.69	+70.1%	CL B NEW	084670702
—	PRIMO WTR CORP	2,858,679	$44,195	0.5%	$7.96	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	600,770	$38,990	0.4%	$24.61	+146.5%	COM	011642105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$12,651	0.1%	$173634.64	+74.4%	CL A	084670108
DHIL	DIAMOND HILL INVESTMENT GROU	56,694	$7,937	0.1%	$41.91	+125.3%	COM NEW	25264R207
BOC	BOSTON OMAHA CORP	242,396	$6,045	0.1%	$15.19	+64.7%	COM	101044105
LAMR	LAMAR ADVERTISING CO	48,530	$3,846	0.0%	$53.64	—	CL A	512816109
GSHD	GOOSEHEAD INS INC	38,331	$1,069	0.0%	$28.39	+0.9%	COM CL A	38267D109