AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 13, 2019

Total Value: $9.861B (100.0% shares, 0.0% debt)

Holdings (24)

AMT AMERICAN TOWER CORP NEW 14.9%

Value $1.469B Shares 7,186,528 Share Price $204.45 Est. Cost/Share — Unrealized @ Report Date —

MA MASTERCARD INC 14.3%

Value $1.409B Shares 5,327,599 Share Price $264.53 Est. Cost/Share — Unrealized @ Report Date —

MCO MOODYS CORP 11.3%

Value $1.11B Shares 5,682,156 Share Price $195.31 Est. Cost/Share — Unrealized @ Report Date —

V VISA INC 8.6%

Value $848M Shares 4,887,270 Share Price $173.55 Est. Cost/Share — Unrealized @ Report Date —

ORLY O REILLY AUTOMOTIVE INC NEW 7.1%

Value $697M Shares 1,887,238 Share Price $369.32 Est. Cost/Share — Unrealized @ Report Date —

ROP ROPER INDS INC NEW 5.8%

Value $574M Shares 1,567,314 Share Price $366.26 Est. Cost/Share — Unrealized @ Report Date —

MKL MARKEL CORP 5.7%

Value $559M Shares 513,062 Share Price $1089.60 Est. Cost/Share — Unrealized @ Report Date —

— SBA COMMUNICATIONS CORP 5.6%

Value $554M Shares 2,465,000 Share Price $224.84 Est. Cost/Share — Unrealized @ Report Date —

DLTR DOLLAR TREE INC 5.5%

Value $546M Shares 5,086,395 Share Price $107.39 Est. Cost/Share — Unrealized @ Report Date —

KMX CARMAX INC 5.4%

Value $528M Shares 6,077,981 Share Price $86.83 Est. Cost/Share — Unrealized @ Report Date —

VRSK VERISK ANALYTICS INC 3.8%

Value $373M Shares 2,543,662 Share Price $146.46 Est. Cost/Share — Unrealized @ Report Date —

KKR KKR & CO L P DEL 3.3%

Value $322M Shares 12,753,600 Share Price $25.27 Est. Cost/Share — Unrealized @ Report Date —

— UBIQUITI NETWORKS INC 2.8%

Value $278M Shares 2,111,375 Share Price $131.50 Est. Cost/Share — Unrealized @ Report Date —

DHR DANAHER CORP DEL 2.4%

Value $237M Shares 1,655,300 Share Price $142.92 Est. Cost/Share — Unrealized @ Report Date —

— TD AMERITRADE HLDG CORP 1.7%

Value $167M Shares 3,350,000 Share Price $49.92 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.6%

Value $60.99M Shares 286,129 Share Price $213.17 Est. Cost/Share — Unrealized @ Report Date —

— PRIMO WTR CORP 0.4%

Value $37.5M Shares 3,049,100 Share Price $12.30 Est. Cost/Share — Unrealized @ Report Date —

ALRM ALARM COM HLDGS INC 0.3%

Value $32.14M Shares 600,770 Share Price $53.50 Est. Cost/Share — Unrealized @ Report Date —

— ENSTAR GROUP LIMITED 0.2%

Value $23.77M Shares 136,400 Share Price $174.28 Est. Cost/Share — Unrealized @ Report Date —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value $13.37M Shares 42 Share Price $318357.14 Est. Cost/Share — Unrealized @ Report Date —

DHIL DIAMOND HILL INVESTMENT GROU 0.1%

Value $8.035M Shares 56,694 Share Price $141.73 Est. Cost/Share — Unrealized @ Report Date —

BOC BOSTON OMAHA CORP 0.1%

Value $5.611M Shares 242,396 Share Price $23.15 Est. Cost/Share — Unrealized @ Report Date —

GSHD GOOSEHEAD INS INC 0.0%

Value $4.851M Shares 101,490 Share Price $47.80 Est. Cost/Share — Unrealized @ Report Date —

LAMR LAMAR ADVERTISING CO 0.0%

Value $3.917M Shares 48,530 Share Price $80.71 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	7,186,528	$1.469B	14.9%	$204.45	—	—	COM	03027X100
MA	MASTERCARD INC	5,327,599	$1.409B	14.3%	$264.53	—	—	CL A	57636Q104
MCO	MOODYS CORP	5,682,156	$1.11B	11.3%	$195.31	—	—	COM	615369105
V	VISA INC	4,887,270	$848M	8.6%	$173.55	—	—	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,887,238	$697M	7.1%	$369.32	—	—	COM	67103H107
ROP	ROPER INDS INC NEW	1,567,314	$574M	5.8%	$366.26	—	—	COM	776696106
MKL	MARKEL CORP	513,062	$559M	5.7%	$1089.60	—	—	COM	570535104
—	SBA COMMUNICATIONS CORP	2,465,000	$554M	5.6%	$224.84	—	—	COM	78388J106
DLTR	DOLLAR TREE INC	5,086,395	$546M	5.5%	$107.39	—	—	COM	256746108
KMX	CARMAX INC	6,077,981	$528M	5.4%	$86.83	—	—	COM	143130102
VRSK	VERISK ANALYTICS INC	2,543,662	$373M	3.8%	$146.46	—	—	CL A	92345Y106
KKR	KKR & CO L P DEL	12,753,600	$322M	3.3%	$25.27	—	—	COM UNITS	48251W104
—	UBIQUITI NETWORKS INC	2,111,375	$278M	2.8%	$131.50	—	—	COM	90347A100
DHR	DANAHER CORP DEL	1,655,300	$237M	2.4%	$142.92	—	—	COM	235851102
—	TD AMERITRADE HLDG CORP	3,350,000	$167M	1.7%	$49.92	—	—	COM	87236Y108
BRK/B	BERKSHIRE HATHAWAY INC DEL	286,129	$60.99M	0.6%	$213.17	—	—	CL B NEW	084670702
—	PRIMO WTR CORP	3,049,100	$37.5M	0.4%	$12.30	—	—	COM	74165N105
ALRM	ALARM COM HLDGS INC	600,770	$32.14M	0.3%	$53.50	—	—	COM	011642105
—	ENSTAR GROUP LIMITED	136,400	$23.77M	0.2%	$174.28	—	—	SHS	G3075P101
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$13.37M	0.1%	$318357.14	—	—	CL A	084670108
DHIL	DIAMOND HILL INVESTMENT GROU	56,694	$8.035M	0.1%	$141.73	—	—	COM NEW	25264R207
BOC	BOSTON OMAHA CORP	242,396	$5.611M	0.1%	$23.15	—	—	COM	101044105
GSHD	GOOSEHEAD INS INC	101,490	$4.851M	0.0%	$47.80	—	—	COM CL A	38267D109
LAMR	LAMAR ADVERTISING CO	48,530	$3.917M	0.0%	$80.71	—	—	CL A	512816109