AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 11, 2020

Total Value: $13.27B (100.0% shares, 0.0% debt)

Holdings (28)

AMT AMERICAN TOWER CORP NEW 13.7%

Value $1.82B Shares 7,037,939 Share Price $258.54 Est. Cost/Share — Unrealized @ Report Date —

MA MASTERCARD INC 13.1%

Value $1.74B Shares 5,883,862 Share Price $295.70 Est. Cost/Share — Unrealized @ Report Date —

MCO MOODYS CORP 11.7%

Value $1.548B Shares 5,636,344 Share Price $274.73 Est. Cost/Share — Unrealized @ Report Date —

V VISA INC 7.6%

Value $1.013B Shares 5,243,370 Share Price $193.17 Est. Cost/Share — Unrealized @ Report Date —

ORLY O REILLY AUTOMOTIVE INC NEW 5.9%

Value $777M Shares 1,841,899 Share Price $421.67 Est. Cost/Share — Unrealized @ Report Date —

SBAC SBA COMMUNICATIONS CORP 5.5%

Value $734M Shares 2,465,000 Share Price $297.92 Est. Cost/Share — Unrealized @ Report Date —

KMX CARMAX INC 5.5%

Value $730M Shares 8,154,026 Share Price $89.55 Est. Cost/Share — Unrealized @ Report Date —

CSGP COSTAR GROUP INC 5.1%

Value $679M Shares 955,353 Share Price $710.67 Est. Cost/Share — Unrealized @ Report Date —

ROP ROPER INDS INC NEW 5.1%

Value $674M Shares 1,734,754 Share Price $388.26 Est. Cost/Share — Unrealized @ Report Date —

ADBE ADOBE INC 3.7%

Value $496M Shares 1,140,000 Share Price $435.31 Est. Cost/Share — Unrealized @ Report Date —

KKR KKR & CO L P DEL 3.4%

Value $455M Shares 14,721,857 Share Price $30.88 Est. Cost/Share — Unrealized @ Report Date —

MKL MARKEL CORP 3.4%

Value $453M Shares 490,388 Share Price $923.17 Est. Cost/Share — Unrealized @ Report Date —

DLTR DOLLAR TREE INC 3.2%

Value $422M Shares 4,549,586 Share Price $92.68 Est. Cost/Share — Unrealized @ Report Date —

VRSK VERISK ANALYTICS INC 3.1%

Value $417M Shares 2,448,048 Share Price $170.20 Est. Cost/Share — Unrealized @ Report Date —

— BROOKFIELD ASSET MGMT INC 2.9%

Value $378M Shares 11,502,025 Share Price $32.90 Est. Cost/Share — Unrealized @ Report Date —

DHR DANAHER CORP DEL 2.2%

Value $293M Shares 1,655,300 Share Price $176.83 Est. Cost/Share — Unrealized @ Report Date —

LYV LIVE NATION ENTERTAINMENT IN 1.9%

Value $248M Shares 5,587,638 Share Price $44.33 Est. Cost/Share — Unrealized @ Report Date —

— ANSYS INC 1.3%

Value $178M Shares 609,764 Share Price $291.73 Est. Cost/Share — Unrealized @ Report Date —

ALRM ALARM COM HLDGS INC 0.9%

Value $116M Shares 1,784,870 Share Price $64.81 Est. Cost/Share — Unrealized @ Report Date —

OLLI OLLIES BARGAIN OUTLT HLDGS I 0.4%

Value $48.83M Shares 500,000 Share Price $97.65 Est. Cost/Share — Unrealized @ Report Date —

— PRIMO WTR CORP 0.1%

Value $14.97M Shares 1,088,678 Share Price $13.75 Est. Cost/Share — Unrealized @ Report Date —

GSHD GOOSEHEAD INS INC 0.1%

Value $14.18M Shares 188,672 Share Price $75.16 Est. Cost/Share — Unrealized @ Report Date —

DSGX DESCARTES SYS GROUP INC 0.1%

Value $10.97M Shares 207,300 Share Price $52.90 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $8.302M Shares 46,506 Share Price $178.51 Est. Cost/Share — Unrealized @ Report Date —

— COLONY CAP INC NEW 0.0%

Value $3.6M Shares 1,500,000 Share Price $2.40 Est. Cost/Share — Unrealized @ Report Date —

LAMR LAMAR ADVERTISING CO 0.0%

Value $3.24M Shares 48,530 Share Price $66.76 Est. Cost/Share — Unrealized @ Report Date —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value $802K Shares 3 Share Price $267333.33 Est. Cost/Share — Unrealized @ Report Date —

MAR MARRIOTT INTL INC NEW 0.0%

Value $643K Shares 7,500 Share Price $85.73 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	7,037,939	$1.82B	13.7%	$258.54	—	—	COM	03027X100
MA	MASTERCARD INC	5,883,862	$1.74B	13.1%	$295.70	—	—	CL A	57636Q104
MCO	MOODYS CORP	5,636,344	$1.548B	11.7%	$274.73	—	—	COM	615369105
V	VISA INC	5,243,370	$1.013B	7.6%	$193.17	—	—	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,841,899	$777M	5.9%	$421.67	—	—	COM	67103H107
SBAC	SBA COMMUNICATIONS CORP	2,465,000	$734M	5.5%	$297.92	—	—	COM	78410G104
KMX	CARMAX INC	8,154,026	$730M	5.5%	$89.55	—	—	COM	143130102
CSGP	COSTAR GROUP INC	955,353	$679M	5.1%	$710.67	—	—	COM	22160N109
ROP	ROPER INDS INC NEW	1,734,754	$674M	5.1%	$388.26	—	—	COM	776696106
ADBE	ADOBE INC	1,140,000	$496M	3.7%	$435.31	—	—	COM	00724F101
KKR	KKR & CO L P DEL	14,721,857	$455M	3.4%	$30.88	—	—	COM UNITS	48251W104
MKL	MARKEL CORP	490,388	$453M	3.4%	$923.17	—	—	COM	570535104
DLTR	DOLLAR TREE INC	4,549,586	$422M	3.2%	$92.68	—	—	COM	256746108
VRSK	VERISK ANALYTICS INC	2,448,048	$417M	3.1%	$170.20	—	—	CL A	92345Y106
—	BROOKFIELD ASSET MGMT INC	11,502,025	$378M	2.9%	$32.90	—	—	CL A LTD VT SH	112585104
DHR	DANAHER CORP DEL	1,655,300	$293M	2.2%	$176.83	—	—	COM	235851102
LYV	LIVE NATION ENTERTAINMENT IN	5,587,638	$248M	1.9%	$44.33	—	—	COM	538034109
—	ANSYS INC	609,764	$178M	1.3%	$291.73	—	—	COM	03662Q105
ALRM	ALARM COM HLDGS INC	1,784,870	$116M	0.9%	$64.81	—	—	COM	011642105
OLLI	OLLIES BARGAIN OUTLT HLDGS I	500,000	$48.83M	0.4%	$97.65	—	—	COM	681116109
—	PRIMO WTR CORP	1,088,678	$14.97M	0.1%	$13.75	—	—	COM	74167P108
GSHD	GOOSEHEAD INS INC	188,672	$14.18M	0.1%	$75.16	—	—	COM CL A	38267D109
DSGX	DESCARTES SYS GROUP INC	207,300	$10.97M	0.1%	$52.90	—	—	COM	249906108
BRK/B	BERKSHIRE HATHAWAY INC DEL	46,506	$8.302M	0.1%	$178.51	—	—	CL B NEW	084670702
—	COLONY CAP INC NEW	1,500,000	$3.6M	0.0%	$2.40	—	—	CL A COM	19626G108
LAMR	LAMAR ADVERTISING CO	48,530	$3.24M	0.0%	$66.76	—	—	CL A	512816109
BRK/A	BERKSHIRE HATHAWAY INC DEL	3	$802K	0.0%	$267333.33	—	—	CL A	084670108
MAR	MARRIOTT INTL INC NEW	7,500	$643K	0.0%	$85.73	—	—	CL A	571903202