AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 11, 2020

Total Value ($000): $10,293,636 (100.0% shares, 0.0% debt)

Holdings (28)

AMT AMERICAN TOWER CORP NEW 14.9%

Value ($000) $1,533,315 Shares 7,041,629 Est. Cost $68.90 Unrealized +186.3%

MA MASTERCARD INC 13.6%

Value ($000) $1,397,735 Shares 5,786,287 Est. Cost $92.75 Unrealized +210.3%

MCO MOODYS CORP 11.6%

Value ($000) $1,192,509 Shares 5,638,341 Est. Cost $68.74 Unrealized +236.6%

V VISA INC 8.2%

Value ($000) $844,812 Shares 5,243,370 Est. Cost $74.98 Unrealized +141.0%

SBAC SBA COMMUNICATIONS CORP 6.5%

Value ($000) $665,476 Shares 2,465,000 Est. Cost $228.64 Unrealized +6.9%

ORLY O REILLY AUTOMOTIVE INC NEW 5.4%

Value ($000) $554,827 Shares 1,842,974 Est. Cost $11.27 Unrealized +126.7%

ROP ROPER INDS INC NEW 5.2%

Value ($000) $531,670 Shares 1,705,110 Est. Cost $157.12 Unrealized +117.8%

MKL MARKEL CORP 4.5%

Value ($000) $461,524 Shares 497,391 Est. Cost $555.69 Unrealized +105.8%

KMX CARMAX INC 4.3%

Value ($000) $440,888 Shares 8,190,371 Est. Cost $63.44 Unrealized +33.4%

ADBE ADOBE INC 3.5%

Value ($000) $362,794 Shares 1,140,000 Est. Cost $342.05 Unrealized 0.0%

VRSK VERISK ANALYTICS INC 3.3%

Value ($000) $341,348 Shares 2,449,047 Est. Cost $66.25 Unrealized +127.8%

DLTR DOLLAR TREE INC 3.2%

Value ($000) $334,452 Shares 4,552,230 Est. Cost $59.23 Unrealized +43.8%

KKR KKR & CO L P DEL 3.2%

Value ($000) $332,981 Shares 14,187,536 Est. Cost $21.06 Unrealized +28.6%

— BROOKFIELD ASSET MGMT INC 3.1%

Value ($000) $318,334 Shares 7,194,000 Est. Cost $52.54 Unrealized —

CSGP COSTAR GROUP INC 2.5%

Value ($000) $257,381 Shares 438,312 Est. Cost $61.30 Unrealized +6.3%

LYV LIVE NATION ENTERTAINMENT IN 2.4%

Value ($000) $249,177 Shares 5,481,238 Est. Cost $61.78 Unrealized 0.0%

DHR DANAHER CORP DEL 2.2%

Value ($000) $229,110 Shares 1,655,300 Est. Cost $34.23 Unrealized +283.6%

— ANSYS INC 1.1%

Value ($000) $108,948 Shares 468,656 Est. Cost $241.18 Unrealized —

ALRM ALARM COM HLDGS INC 0.7%

Value ($000) $68,928 Shares 1,771,470 Est. Cost $39.71 Unrealized +9.8%

OLLI OLLIES BARGAIN OUTLT HLDGS I 0.2%

Value ($000) $23,170 Shares 500,000 Est. Cost $56.18 Unrealized -8.7%

— PRIMO WTR CORP 0.1%

Value ($000) $14,323 Shares 1,580,878 Est. Cost $9.06 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $8,633 Shares 47,216 Est. Cost $118.69 Unrealized +79.1%

GSHD GOOSEHEAD INS INC 0.1%

Value ($000) $7,684 Shares 172,168 Est. Cost $37.27 Unrealized +32.9%

DSGX DESCARTES SYS GROUP INC 0.1%

Value ($000) $7,129 Shares 207,300 Est. Cost $40.47 Unrealized +2.7%

— COLONY CAP INC NEW 0.0%

Value ($000) $2,622 Shares 1,498,382 Est. Cost $1.78 Unrealized —

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $2,489 Shares 48,530 Est. Cost $53.64 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $816 Shares 3 Est. Cost $173634.64 Unrealized +83.6%

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $561 Shares 7,500 Est. Cost $119.64 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	7,041,629	$1,533,315	14.9%	$68.90	+186.3%	COM	03027X100
MA	MASTERCARD INC	5,786,287	$1,397,735	13.6%	$92.75	+210.3%	CL A	57636Q104
MCO	MOODYS CORP	5,638,341	$1,192,509	11.6%	$68.74	+236.6%	COM	615369105
V	VISA INC	5,243,370	$844,812	8.2%	$74.98	+141.0%	COM CL A	92826C839
SBAC	SBA COMMUNICATIONS CORP	2,465,000	$665,476	6.5%	$228.64	+6.9%	COM	78410G104
ORLY	O REILLY AUTOMOTIVE INC NEW	1,842,974	$554,827	5.4%	$11.27	+126.7%	COM	67103H107
ROP	ROPER INDS INC NEW	1,705,110	$531,670	5.2%	$157.12	+117.8%	COM	776696106
MKL	MARKEL CORP	497,391	$461,524	4.5%	$555.69	+105.8%	COM	570535104
KMX	CARMAX INC	8,190,371	$440,888	4.3%	$63.44	+33.4%	COM	143130102
ADBE	ADOBE INC	1,140,000	$362,794	3.5%	$342.05	0.0%	COM	00724F101
VRSK	VERISK ANALYTICS INC	2,449,047	$341,348	3.3%	$66.25	+127.8%	CL A	92345Y106
DLTR	DOLLAR TREE INC	4,552,230	$334,452	3.2%	$59.23	+43.8%	COM	256746108
KKR	KKR & CO L P DEL	14,187,536	$332,981	3.2%	$21.06	+28.6%	COM UNITS	48251W104
—	BROOKFIELD ASSET MGMT INC	7,194,000	$318,334	3.1%	$52.54	—	CL A LTD VT SH	112585104
CSGP	COSTAR GROUP INC	438,312	$257,381	2.5%	$61.30	+6.3%	COM	22160N109
LYV	LIVE NATION ENTERTAINMENT IN	5,481,238	$249,177	2.4%	$61.78	0.0%	COM	538034109
DHR	DANAHER CORP DEL	1,655,300	$229,110	2.2%	$34.23	+283.6%	COM	235851102
—	ANSYS INC	468,656	$108,948	1.1%	$241.18	—	COM	03662Q105
ALRM	ALARM COM HLDGS INC	1,771,470	$68,928	0.7%	$39.71	+9.8%	COM	011642105
OLLI	OLLIES BARGAIN OUTLT HLDGS I	500,000	$23,170	0.2%	$56.18	-8.7%	COM	681116109
—	PRIMO WTR CORP	1,580,878	$14,323	0.1%	$9.06	—	COM	74167P108
BRK/B	BERKSHIRE HATHAWAY INC DEL	47,216	$8,633	0.1%	$118.69	+79.1%	CL B NEW	084670702
GSHD	GOOSEHEAD INS INC	172,168	$7,684	0.1%	$37.27	+32.9%	COM CL A	38267D109
DSGX	DESCARTES SYS GROUP INC	207,300	$7,129	0.1%	$40.47	+2.7%	COM	249906108
—	COLONY CAP INC NEW	1,498,382	$2,622	0.0%	$1.78	—	CL A COM	19626G108
LAMR	LAMAR ADVERTISING CO	48,530	$2,489	0.0%	$53.64	—	CL A	512816109
BRK/A	BERKSHIRE HATHAWAY INC DEL	3	$816	0.0%	$173634.64	+83.6%	CL A	084670108
MAR	MARRIOTT INTL INC NEW	7,500	$561	0.0%	$119.64	0.0%	CL A	571903202