AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 13, 2019

Total Value ($000): $10,144,069 (100.0% shares, 0.0% debt)

Holdings (25)

AMT AMERICAN TOWER CORP NEW 15.7%

Value ($000) $1,589,149 Shares 7,186,492 Est. Cost $68.90 Unrealized +166.2%

MA MASTERCARD INC 14.3%

Value ($000) $1,446,692 Shares 5,327,144 Est. Cost $75.93 Unrealized +250.5%

MCO MOODYS CORP 11.5%

Value ($000) $1,163,804 Shares 5,681,803 Est. Cost $68.74 Unrealized +189.1%

V VISA INC 8.3%

Value ($000) $840,659 Shares 4,887,270 Est. Cost $67.28 Unrealized +153.2%

ORLY O REILLY AUTOMOTIVE INC NEW 7.4%

Value ($000) $752,018 Shares 1,887,074 Est. Cost $11.27 Unrealized +129.2%

MKL MARKEL CORP 6.0%

Value ($000) $606,273 Shares 512,965 Est. Cost $555.69 Unrealized +104.5%

SBAC SBA COMMUNICATIONS CORP 5.9%

Value ($000) $594,435 Shares 2,465,000 Est. Cost $228.64 Unrealized 0.0%

DLTR DOLLAR TREE INC 5.7%

Value ($000) $580,608 Shares 5,085,911 Est. Cost $59.23 Unrealized +76.6%

ROP ROPER INDS INC NEW 5.5%

Value ($000) $558,864 Shares 1,567,202 Est. Cost $140.83 Unrealized +148.3%

KMX CARMAX INC 5.5%

Value ($000) $553,111 Shares 6,285,351 Est. Cost $56.33 Unrealized +52.4%

VRSK VERISK ANALYTICS INC 4.0%

Value ($000) $402,340 Shares 2,544,202 Est. Cost $66.25 Unrealized +124.7%

KKR KKR & CO L P DEL 3.4%

Value ($000) $342,467 Shares 12,754,820 Est. Cost $20.38 Unrealized +21.1%

— BROOKFIELD ASSET MGMT INC 2.8%

Value ($000) $282,663 Shares 5,324,225 Est. Cost $53.09 Unrealized —

DHR DANAHER CORP DEL 2.4%

Value ($000) $239,075 Shares 1,655,300 Est. Cost $34.23 Unrealized +255.6%

ALRM ALARM COM HLDGS INC 0.6%

Value ($000) $63,796 Shares 1,367,840 Est. Cost $38.30 Unrealized +28.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.6%

Value ($000) $59,578 Shares 286,407 Est. Cost $118.69 Unrealized +73.6%

— PRIMO WTR CORP 0.4%

Value ($000) $37,541 Shares 3,057,100 Est. Cost $8.23 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $13,097 Shares 42 Est. Cost $173634.64 Unrealized +78.2%

OLLI OLLIES BARGAIN OUTLT HLDGS I 0.1%

Value ($000) $5,864 Shares 100,000 Est. Cost $74.99 Unrealized 0.0%

GSHD GOOSEHEAD INS INC 0.0%

Value ($000) $5,009 Shares 101,490 Est. Cost $32.40 Unrealized +41.8%

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,976 Shares 48,530 Est. Cost $53.64 Unrealized —

DSGX DESCARTES SYS GROUP INC 0.0%

Value ($000) $2,015 Shares 50,000 Est. Cost $37.00 Unrealized 0.0%

— ENSTAR GROUP LIMITED 0.0%

Value ($000) $549 Shares 2,890 Est. Cost $146.75 Unrealized —

BOC BOSTON OMAHA CORP 0.0%

Value ($000) $426 Shares 21,483 Est. Cost $15.19 Unrealized +40.3%

— COLONY CAP INC NEW 0.0%

Value ($000) $60 Shares 10,000 Est. Cost $6.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	7,186,492	$1,589,149	15.7%	$68.90	+166.2%	COM	03027X100
MA	MASTERCARD INC	5,327,144	$1,446,692	14.3%	$75.93	+250.5%	CL A	57636Q104
MCO	MOODYS CORP	5,681,803	$1,163,804	11.5%	$68.74	+189.1%	COM	615369105
V	VISA INC	4,887,270	$840,659	8.3%	$67.28	+153.2%	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,887,074	$752,018	7.4%	$11.27	+129.2%	COM	67103H107
MKL	MARKEL CORP	512,965	$606,273	6.0%	$555.69	+104.5%	COM	570535104
SBAC	SBA COMMUNICATIONS CORP	2,465,000	$594,435	5.9%	$228.64	0.0%	COM	78410G104
DLTR	DOLLAR TREE INC	5,085,911	$580,608	5.7%	$59.23	+76.6%	COM	256746108
ROP	ROPER INDS INC NEW	1,567,202	$558,864	5.5%	$140.83	+148.3%	COM	776696106
KMX	CARMAX INC	6,285,351	$553,111	5.5%	$56.33	+52.4%	COM	143130102
VRSK	VERISK ANALYTICS INC	2,544,202	$402,340	4.0%	$66.25	+124.7%	CL A	92345Y106
KKR	KKR & CO L P DEL	12,754,820	$342,467	3.4%	$20.38	+21.1%	COM UNITS	48251W104
—	BROOKFIELD ASSET MGMT INC	5,324,225	$282,663	2.8%	$53.09	—	CL A LTD VT SH	112585104
DHR	DANAHER CORP DEL	1,655,300	$239,075	2.4%	$34.23	+255.6%	COM	235851102
ALRM	ALARM COM HLDGS INC	1,367,840	$63,796	0.6%	$38.30	+28.0%	COM	011642105
BRK/B	BERKSHIRE HATHAWAY INC DEL	286,407	$59,578	0.6%	$118.69	+73.6%	CL B NEW	084670702
—	PRIMO WTR CORP	3,057,100	$37,541	0.4%	$8.23	—	COM	74165N105
BRK/A	BERKSHIRE HATHAWAY INC DEL	42	$13,097	0.1%	$173634.64	+78.2%	CL A	084670108
OLLI	OLLIES BARGAIN OUTLT HLDGS I	100,000	$5,864	0.1%	$74.99	0.0%	COM	681116109
GSHD	GOOSEHEAD INS INC	101,490	$5,009	0.0%	$32.40	+41.8%	COM CL A	38267D109
LAMR	LAMAR ADVERTISING CO	48,530	$3,976	0.0%	$53.64	—	CL A	512816109
DSGX	DESCARTES SYS GROUP INC	50,000	$2,015	0.0%	$37.00	0.0%	COM	249906108
—	ENSTAR GROUP LIMITED	2,890	$549	0.0%	$146.75	—	SHS	G3075P101
BOC	BOSTON OMAHA CORP	21,483	$426	0.0%	$15.19	+40.3%	COM	101044105
—	COLONY CAP INC NEW	10,000	$60	0.0%	$6.00	—	CL A COM	19626G108