AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Name: AKRE CAPITAL MANAGEMENT LLC Q2 2026 13F Filing | 13F Explorer
Creator: AKRE CAPITAL MANAGEMENT LLC
Published: 2026-08-14

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 14, 2026

Total Value: $5.123B (100.0% shares, 0.0% debt)

Holdings (20)

Increased Positions (2)

CSGP COSTAR GROUP INC 6.5%

Value $331M (-20.6%) Shares 11,699,396 (+13.1%) Share Price $28.32 Est. Cost/Share — Unrealized @ Report Date —

NOW SERVICENOW INC 2.4%

Value $124M (+8.0%) Shares 1,246,099 (+13.7%) Share Price $99.28 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CSGP	COSTAR GROUP INC	11,699,396 (+13.1%)	$331M (-20.6%)	6.5%	$28.32	—	—	COM	22160N109
NOW	SERVICENOW INC	1,246,099 (+13.7%)	$124M (+8.0%)	2.4%	$99.28	—	—	COM	81762P102

Decreased Positions (11)

BN BROOKFIELD CORP 10.1%

Value $516M (-25.1%) Shares 12,119,927 (-28.8%) Share Price $42.59 Est. Cost/Share — Unrealized @ Report Date —

— KKR & CO L P DEL 8.9%

Value $457M (-26.4%) Shares 4,981,486 (-25.8%) Share Price $91.78 Est. Cost/Share — Unrealized @ Report Date —

ORLY OREILLY AUTOMOTIVE INC 3.9%

Value $199M (-44.5%) Shares 2,161,818 (-44.4%) Share Price $92.09 Est. Cost/Share — Unrealized @ Report Date —

MA MASTERCARD INCORPORATED 20.0%

Value $1.022B (-10.3%) Shares 1,989,906 (-12.8%) Share Price $513.60 Est. Cost/Share — Unrealized @ Report Date —

V VISA INC 7.4%

Value $381M (-23.1%) Shares 1,110,881 (-32.2%) Share Price $343.09 Est. Cost/Share — Unrealized @ Report Date —

ABNB AIRBNB INC 3.3%

Value $169M (-34.1%) Shares 1,183,749 (-41.8%) Share Price $143.10 Est. Cost/Share — Unrealized @ Report Date —

ROP ROPER TECHNOLOGIES INC 7.8%

Value $398M (-10.5%) Shares 1,176,562 (-6.4%) Share Price $338.39 Est. Cost/Share — Unrealized @ Report Date —

CCC CCC INTELLIGENT SOLUTIONS HL 3.0%

Value $154M (-18.5%) Shares 29,858,935 (-5.2%) Share Price $5.16 Est. Cost/Share — Unrealized @ Report Date —

MCO MOODYS CORP 10.2%

Value $524M (-3.6%) Shares 1,156,893 (-7.2%) Share Price $452.92 Est. Cost/Share — Unrealized @ Report Date —

AMT AMERICAN TOWER CORP NEW 0.1%

Value $4.785M (-45.4%) Shares 29,254 (-42.4%) Share Price $163.57 Est. Cost/Share — Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $4.095M (-17.3%) Shares 8,184 (-20.8%) Share Price $500.39 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BN	BROOKFIELD CORP	12,119,927 (-28.8%)	$516M (-25.1%)	10.1%	$42.59	—	—	CL A LTD VT SH	11271J107
—	KKR & CO L P DEL	4,981,486 (-25.8%)	$457M (-26.4%)	8.9%	$91.78	—	—	COM UNITS	48251w104
ORLY	OREILLY AUTOMOTIVE INC	2,161,818 (-44.4%)	$199M (-44.5%)	3.9%	$92.09	—	—	COM	67103H107
MA	MASTERCARD INCORPORATED	1,989,906 (-12.8%)	$1.022B (-10.3%)	20.0%	$513.60	—	—	CL A	57636Q104
V	VISA INC	1,110,881 (-32.2%)	$381M (-23.1%)	7.4%	$343.09	—	—	COM CL A	92826C839
ABNB	AIRBNB INC	1,183,749 (-41.8%)	$169M (-34.1%)	3.3%	$143.10	—	—	COM CL A	009066101
ROP	ROPER TECHNOLOGIES INC	1,176,562 (-6.4%)	$398M (-10.5%)	7.8%	$338.39	—	—	COM	776696106
CCC	CCC INTELLIGENT SOLUTIONS HL	29,858,935 (-5.2%)	$154M (-18.5%)	3.0%	$5.16	—	—	COM	12510Q100
MCO	MOODYS CORP	1,156,893 (-7.2%)	$524M (-3.6%)	10.2%	$452.92	—	—	COM	615369105
AMT	AMERICAN TOWER CORP NEW	29,254 (-42.4%)	$4.785M (-45.4%)	0.1%	$163.57	—	—	COM	03027X100
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,184 (-20.8%)	$4.095M (-17.3%)	0.1%	$500.39	—	—	CL B NEW	084670702

Unchanged Positions (7)

FICO FAIR ISAAC CORP 8.4%

Value $432M Shares 361,826 Share Price $1194.78 Est. Cost/Share — Unrealized @ Report Date —

CPRT COPART INC 4.4%

Value $225M Shares 7,985,808 Share Price $28.19 Est. Cost/Share — Unrealized @ Report Date —

CRM SALESFORCE INC 2.2%

Value $112M Shares 717,799 Share Price $156.66 Est. Cost/Share — Unrealized @ Report Date —

SOPH SOPHIA GENETICS SA 0.4%

Value $21.46M Shares 3,719,140 Share Price $5.77 Est. Cost/Share — Unrealized @ Report Date —

CRM SALESFORCE INC 0.3%

Value $15.67M Shares 100,000 Share Price $156.66 Est. Cost/Share — Unrealized @ Report Date —

PRM PERIMETER SOLUTIONS INC 0.2%

Value $8.912M Shares 250,000 Share Price $35.65 Est. Cost/Share — Unrealized @ Report Date —

GSHD GOOSEHEAD INS INC 0.4%

Value $21.5M Shares 443,385 Share Price $48.50 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FICO	FAIR ISAAC CORP	361,826	$432M	8.4%	$1194.78	—	—	COM	303250104
CPRT	COPART INC	7,985,808	$225M	4.4%	$28.19	—	—	COM	217204106
CRM	SALESFORCE INC	717,799	$112M	2.2%	$156.66	—	—	COM	79466L302
SOPH	SOPHIA GENETICS SA	3,719,140	$21.46M	0.4%	$5.77	—	—	ORDINARY SHARES	H82027105
CRM	SALESFORCE INC	100,000	$15.67M	0.3%	$156.66	—	—	CALL	79466L302
PRM	PERIMETER SOLUTIONS INC	250,000	$8.912M	0.2%	$35.65	—	—	COMMON STOCK	71385M107
GSHD	GOOSEHEAD INS INC	443,385	$21.5M	0.4%	$48.50	—	—	COM CL A	38267D109