AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 11, 2020

Total Value ($000): $13,274,303 (100.0% shares, 0.0% debt)

Holdings (28)

AMT AMERICAN TOWER CORP NEW 13.7%

Value ($000) $1,819,589 Shares 7,037,939 Est. Cost $68.90 Unrealized +205.6%

MA MASTERCARD INC 13.1%

Value ($000) $1,739,858 Shares 5,883,862 Est. Cost $95.75 Unrealized +185.5%

MCO MOODYS CORP 11.7%

Value ($000) $1,548,473 Shares 5,636,344 Est. Cost $68.74 Unrealized +252.7%

V VISA INC 7.6%

Value ($000) $1,012,862 Shares 5,243,370 Est. Cost $74.98 Unrealized +134.1%

ORLY O REILLY AUTOMOTIVE INC NEW 5.9%

Value ($000) $776,674 Shares 1,841,899 Est. Cost $11.27 Unrealized +131.9%

SBAC SBA COMMUNICATIONS CORP 5.5%

Value ($000) $734,373 Shares 2,465,000 Est. Cost $228.64 Unrealized +19.9%

KMX CARMAX INC 5.5%

Value ($000) $730,193 Shares 8,154,026 Est. Cost $63.44 Unrealized +23.5%

CSGP COSTAR GROUP INC 5.1%

Value ($000) $678,941 Shares 955,353 Est. Cost $63.11 Unrealized +2.4%

ROP ROPER INDS INC NEW 5.1%

Value ($000) $673,536 Shares 1,734,754 Est. Cost $160.36 Unrealized +116.1%

ADBE ADOBE INC 3.7%

Value ($000) $496,253 Shares 1,140,000 Est. Cost $342.05 Unrealized +8.3%

KKR KKR & CO L P DEL 3.4%

Value ($000) $454,611 Shares 14,721,857 Est. Cost $21.22 Unrealized +20.0%

MKL MARKEL CORP 3.4%

Value ($000) $452,711 Shares 490,388 Est. Cost $555.69 Unrealized +63.6%

DLTR DOLLAR TREE INC 3.2%

Value ($000) $421,656 Shares 4,549,586 Est. Cost $59.23 Unrealized +40.8%

VRSK VERISK ANALYTICS INC 3.1%

Value ($000) $416,658 Shares 2,448,048 Est. Cost $66.25 Unrealized +130.1%

— BROOKFIELD ASSET MGMT INC 2.9%

Value ($000) $378,417 Shares 11,502,025 Est. Cost $45.18 Unrealized —

DHR DANAHER CORP DEL 2.2%

Value ($000) $292,707 Shares 1,655,300 Est. Cost $34.23 Unrealized +309.1%

LYV LIVE NATION ENTERTAINMENT IN 1.9%

Value ($000) $247,700 Shares 5,587,638 Est. Cost $61.44 Unrealized -28.7%

— ANSYS INC 1.3%

Value ($000) $177,886 Shares 609,764 Est. Cost $252.88 Unrealized —

ALRM ALARM COM HLDGS INC 0.9%

Value ($000) $115,677 Shares 1,784,870 Est. Cost $39.71 Unrealized +26.7%

OLLI OLLIES BARGAIN OUTLT HLDGS I 0.4%

Value ($000) $48,825 Shares 500,000 Est. Cost $56.18 Unrealized +36.8%

— PRIMO WTR CORP 0.1%

Value ($000) $14,969 Shares 1,088,678 Est. Cost $9.06 Unrealized —

GSHD GOOSEHEAD INS INC 0.1%

Value ($000) $14,181 Shares 188,672 Est. Cost $39.08 Unrealized +48.3%

DSGX DESCARTES SYS GROUP INC 0.1%

Value ($000) $10,966 Shares 207,300 Est. Cost $40.47 Unrealized +9.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $8,302 Shares 46,506 Est. Cost $118.69 Unrealized +53.9%

— COLONY CAP INC NEW 0.0%

Value ($000) $3,600 Shares 1,500,000 Est. Cost $1.78 Unrealized —

LAMR LAMAR ADVERTISING CO 0.0%

Value ($000) $3,240 Shares 48,530 Est. Cost $53.64 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $802 Shares 3 Est. Cost $173634.64 Unrealized +57.8%

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $643 Shares 7,500 Est. Cost $119.64 Unrealized -30.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMT	AMERICAN TOWER CORP NEW	7,037,939	$1,819,589	13.7%	$68.90	+205.6%	COM	03027X100
MA	MASTERCARD INC	5,883,862	$1,739,858	13.1%	$95.75	+185.5%	CL A	57636Q104
MCO	MOODYS CORP	5,636,344	$1,548,473	11.7%	$68.74	+252.7%	COM	615369105
V	VISA INC	5,243,370	$1,012,862	7.6%	$74.98	+134.1%	COM CL A	92826C839
ORLY	O REILLY AUTOMOTIVE INC NEW	1,841,899	$776,674	5.9%	$11.27	+131.9%	COM	67103H107
SBAC	SBA COMMUNICATIONS CORP	2,465,000	$734,373	5.5%	$228.64	+19.9%	COM	78410G104
KMX	CARMAX INC	8,154,026	$730,193	5.5%	$63.44	+23.5%	COM	143130102
CSGP	COSTAR GROUP INC	955,353	$678,941	5.1%	$63.11	+2.4%	COM	22160N109
ROP	ROPER INDS INC NEW	1,734,754	$673,536	5.1%	$160.36	+116.1%	COM	776696106
ADBE	ADOBE INC	1,140,000	$496,253	3.7%	$342.05	+8.3%	COM	00724F101
KKR	KKR & CO L P DEL	14,721,857	$454,611	3.4%	$21.22	+20.0%	COM UNITS	48251W104
MKL	MARKEL CORP	490,388	$452,711	3.4%	$555.69	+63.6%	COM	570535104
DLTR	DOLLAR TREE INC	4,549,586	$421,656	3.2%	$59.23	+40.8%	COM	256746108
VRSK	VERISK ANALYTICS INC	2,448,048	$416,658	3.1%	$66.25	+130.1%	CL A	92345Y106
—	BROOKFIELD ASSET MGMT INC	11,502,025	$378,417	2.9%	$45.18	—	CL A LTD VT SH	112585104
DHR	DANAHER CORP DEL	1,655,300	$292,707	2.2%	$34.23	+309.1%	COM	235851102
LYV	LIVE NATION ENTERTAINMENT IN	5,587,638	$247,700	1.9%	$61.44	-28.7%	COM	538034109
—	ANSYS INC	609,764	$177,886	1.3%	$252.88	—	COM	03662Q105
ALRM	ALARM COM HLDGS INC	1,784,870	$115,677	0.9%	$39.71	+26.7%	COM	011642105
OLLI	OLLIES BARGAIN OUTLT HLDGS I	500,000	$48,825	0.4%	$56.18	+36.8%	COM	681116109
—	PRIMO WTR CORP	1,088,678	$14,969	0.1%	$9.06	—	COM	74167P108
GSHD	GOOSEHEAD INS INC	188,672	$14,181	0.1%	$39.08	+48.3%	COM CL A	38267D109
DSGX	DESCARTES SYS GROUP INC	207,300	$10,966	0.1%	$40.47	+9.8%	COM	249906108
BRK/B	BERKSHIRE HATHAWAY INC DEL	46,506	$8,302	0.1%	$118.69	+53.9%	CL B NEW	084670702
—	COLONY CAP INC NEW	1,500,000	$3,600	0.0%	$1.78	—	CL A COM	19626G108
LAMR	LAMAR ADVERTISING CO	48,530	$3,240	0.0%	$53.64	—	CL A	512816109
BRK/A	BERKSHIRE HATHAWAY INC DEL	3	$802	0.0%	$173634.64	+57.8%	CL A	084670108
MAR	MARRIOTT INTL INC NEW	7,500	$643	0.0%	$119.64	-30.0%	CL A	571903202