AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 13, 2020

Total Value ($000): $14,185,865 (100.0% shares, 0.0% debt)

Holdings (28)

MA MASTERCARD INCORPORATED 14.0%

Value ($000) $1,988,964 Shares 5,881,552 Est. Cost $95.75 Unrealized +229.7%

AMT AMERICAN TOWER CORP NEW 12.0%

Value ($000) $1,700,176 Shares 7,033,369 Est. Cost $68.90 Unrealized +214.6%

MCO MOODYS CORP 11.5%

Value ($000) $1,633,116 Shares 5,634,349 Est. Cost $68.74 Unrealized +297.0%

V VISA INC 7.4%

Value ($000) $1,048,517 Shares 5,243,370 Est. Cost $74.98 Unrealized +156.4%

ORLY OREILLY AUTOMOTIVE INC 6.0%

Value ($000) $848,621 Shares 1,840,508 Est. Cost $11.27 Unrealized +169.6%

CSGP COSTAR GROUP INC 5.7%

Value ($000) $813,545 Shares 958,793 Est. Cost $63.11 Unrealized +26.3%

SBAC SBA COMMUNICATIONS CORP NEW 5.5%

Value ($000) $785,053 Shares 2,465,000 Est. Cost $228.64 Unrealized +24.3%

ROP ROPER TECHNOLOGIES INC 5.3%

Value ($000) $756,100 Shares 1,913,645 Est. Cost $183.01 Unrealized +120.0%

KMX CARMAX INC 4.8%

Value ($000) $687,500 Shares 7,480,147 Est. Cost $63.44 Unrealized +57.5%

ADBE ADOBE SYSTEMS INCORPORATED 3.9%

Value ($000) $559,090 Shares 1,140,000 Est. Cost $342.05 Unrealized +36.0%

KKR KKR & CO INC 3.6%

Value ($000) $505,738 Shares 14,727,368 Est. Cost $21.22 Unrealized +56.9%

MKL MARKEL CORP 3.3%

Value ($000) $461,758 Shares 474,230 Est. Cost $555.69 Unrealized +82.8%

VRSK VERISK ANALYTICS INC 3.2%

Value ($000) $454,095 Shares 2,450,461 Est. Cost $66.25 Unrealized +167.0%

— BROOKFIELD ASSET MGMT INC 3.2%

Value ($000) $447,651 Shares 13,540,575 Est. Cost $43.36 Unrealized —

DLTR DOLLAR TREE INC 2.9%

Value ($000) $413,644 Shares 4,528,621 Est. Cost $59.23 Unrealized +58.9%

DHR DANAHER CORPORATION 2.5%

Value ($000) $356,436 Shares 1,655,300 Est. Cost $34.23 Unrealized +407.5%

LYV LIVE NATION ENTERTAINMENT IN 2.1%

Value ($000) $294,691 Shares 5,469,400 Est. Cost $61.44 Unrealized -16.1%

— ANSYS INC 1.4%

Value ($000) $199,533 Shares 609,764 Est. Cost $252.88 Unrealized —

ALRM ALARM COM HLDGS INC 0.8%

Value ($000) $109,498 Shares 1,981,858 Est. Cost $41.90 Unrealized +47.5%

OLLI OLLIES BARGAIN OUTLET HLDGS 0.3%

Value ($000) $43,675 Shares 500,000 Est. Cost $56.18 Unrealized +74.1%

— COLONY CAP INC NEW 0.2%

Value ($000) $29,224 Shares 10,704,800 Est. Cost $2.60 Unrealized —

GSHD GOOSEHEAD INS INC 0.1%

Value ($000) $21,073 Shares 243,366 Est. Cost $50.77 Unrealized +79.5%

DSGX DESCARTES SYS GROUP INC 0.1%

Value ($000) $11,812 Shares 207,300 Est. Cost $40.47 Unrealized +36.7%

— PRIMO WATER CORPORATION 0.1%

Value ($000) $7,989 Shares 562,599 Est. Cost $9.06 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $3,964 Shares 18,614 Est. Cost $118.69 Unrealized +72.3%

LAMR LAMAR ADVERTISING CO NEW 0.0%

Value ($000) $3,211 Shares 48,530 Est. Cost $53.64 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.0%

Value ($000) $960 Shares 3 Est. Cost $173634.64 Unrealized +76.7%

TTD THE TRADE DESK INC 0.0%

Value ($000) $231 Shares 445 Est. Cost $45.67 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	5,881,552	$1,988,964	14.0%	$95.75	+229.7%	CL A	57636Q104
AMT	AMERICAN TOWER CORP NEW	7,033,369	$1,700,176	12.0%	$68.90	+214.6%	COM	03027X100
MCO	MOODYS CORP	5,634,349	$1,633,116	11.5%	$68.74	+297.0%	COM	615369105
V	VISA INC	5,243,370	$1,048,517	7.4%	$74.98	+156.4%	COM CL A	92826C839
ORLY	OREILLY AUTOMOTIVE INC	1,840,508	$848,621	6.0%	$11.27	+169.6%	COM	67103H107
CSGP	COSTAR GROUP INC	958,793	$813,545	5.7%	$63.11	+26.3%	COM	22160N109
SBAC	SBA COMMUNICATIONS CORP NEW	2,465,000	$785,053	5.5%	$228.64	+24.3%	COM	78410G104
ROP	ROPER TECHNOLOGIES INC	1,913,645	$756,100	5.3%	$183.01	+120.0%	COM	776696106
KMX	CARMAX INC	7,480,147	$687,500	4.8%	$63.44	+57.5%	COM	143130102
ADBE	ADOBE SYSTEMS INCORPORATED	1,140,000	$559,090	3.9%	$342.05	+36.0%	COM	00724F101
KKR	KKR & CO INC	14,727,368	$505,738	3.6%	$21.22	+56.9%	COM UNITS	48251W104
MKL	MARKEL CORP	474,230	$461,758	3.3%	$555.69	+82.8%	COM	570535104
VRSK	VERISK ANALYTICS INC	2,450,461	$454,095	3.2%	$66.25	+167.0%	CL A	92345Y106
—	BROOKFIELD ASSET MGMT INC	13,540,575	$447,651	3.2%	$43.36	—	CL A LTD VT SH	112585104
DLTR	DOLLAR TREE INC	4,528,621	$413,644	2.9%	$59.23	+58.9%	COM	256746108
DHR	DANAHER CORPORATION	1,655,300	$356,436	2.5%	$34.23	+407.5%	COM	235851102
LYV	LIVE NATION ENTERTAINMENT IN	5,469,400	$294,691	2.1%	$61.44	-16.1%	COM	538034109
—	ANSYS INC	609,764	$199,533	1.4%	$252.88	—	COM	03662Q105
ALRM	ALARM COM HLDGS INC	1,981,858	$109,498	0.8%	$41.90	+47.5%	COM	011642105
OLLI	OLLIES BARGAIN OUTLET HLDGS	500,000	$43,675	0.3%	$56.18	+74.1%	COM	681116109
—	COLONY CAP INC NEW	10,704,800	$29,224	0.2%	$2.60	—	CL A COM	19626G108
GSHD	GOOSEHEAD INS INC	243,366	$21,073	0.1%	$50.77	+79.5%	COM CL A	38267D109
DSGX	DESCARTES SYS GROUP INC	207,300	$11,812	0.1%	$40.47	+36.7%	COM	249906108
—	PRIMO WATER CORPORATION	562,599	$7,989	0.1%	$9.06	—	COM	74167P108
BRK/B	BERKSHIRE HATHAWAY INC DEL	18,614	$3,964	0.0%	$118.69	+72.3%	CL B NEW	084670702
LAMR	LAMAR ADVERTISING CO NEW	48,530	$3,211	0.0%	$53.64	—	CL A	512816109
BRK/A	BERKSHIRE HATHAWAY INC DEL	3	$960	0.0%	$173634.64	+76.7%	CL A	084670108
TTD	THE TRADE DESK INC	445	$231	0.0%	$45.67	0.0%	COM CL A	88339J105