AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

Name: AKRE CAPITAL MANAGEMENT LLC Q1 2026 13F Filing | 13F Explorer
Creator: AKRE CAPITAL MANAGEMENT LLC
Published: 2026-05-14

Location: Middleburg, VA

CIK: 0001112520 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value: $6.135B (100.0% shares, 0.0% debt)

Holdings (20)

New Positions (4)

CRM SALESFORCE INC 2.2%

Value $134M Shares 717,799 Est. Cost $215.77 Unrealized 0.0%

NOW SERVICENOW INC 1.9%

Value $115M Shares 1,096,099 Est. Cost $121.19 Unrealized 0.0%

CRM SALESFORCE INC 0.3%

Value $18.67M Shares 100,000 Est. Cost $215.77 Unrealized 0.0%

PRM PERIMETER SOLUTIONS INC 0.1%

Value $6.105M Shares 250,000 Est. Cost $27.25 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	717,799	$134M	2.2%	$215.77	0.0%	COM	79466L302
NOW	SERVICENOW INC	1,096,099	$115M	1.9%	$121.19	0.0%	COM	81762P102
CRM	SALESFORCE INC	100,000	$18.67M	0.3%	$215.77	0.0%	CALL	79466L302
PRM	PERIMETER SOLUTIONS INC	250,000	$6.105M	0.1%	$27.25	0.0%	COMMON STOCK	71385M107

Increased Positions (6)

CSGP COSTAR GROUP INC 6.8%

Value $417M (-35.4%) Shares 10,348,273 (+7.6%) Est. Cost $81.44 Unrealized -30.1%

FICO FAIR ISAAC CORP 6.3%

Value $388M (-17.2%) Shares 363,765 (+31.1%) Est. Cost $1514.40 Unrealized -3.1%

ROP ROPER TECHNOLOGIES INC 7.3%

Value $445M (-9.6%) Shares 1,257,232 (+13.8%) Est. Cost $206.61 Unrealized +83.0%

CPRT COPART INC 4.3%

Value $266M (-13.8%) Shares 7,998,938 (+1.7%) Est. Cost $45.75 Unrealized -14.4%

GSHD GOOSEHEAD INS INC 0.3%

Value $18.91M (-30.8%) Shares 443,385 (+19.5%) Est. Cost $59.74 Unrealized +3.8%

CCC CCC INTELLIGENT SOLUTIONS HL 3.1%

Value $189M (-4.2%) Shares 31,513,070 (+26.9%) Est. Cost $9.22 Unrealized -25.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CSGP	COSTAR GROUP INC	10,348,273 (+7.6%)	$417M (-35.4%)	6.8%	$81.44	-30.1%	COM	22160N109
FICO	FAIR ISAAC CORP	363,765 (+31.1%)	$388M (-17.2%)	6.3%	$1514.40	-3.1%	COM	303250104
ROP	ROPER TECHNOLOGIES INC	1,257,232 (+13.8%)	$445M (-9.6%)	7.3%	$206.61	+83.0%	COM	776696106
CPRT	COPART INC	7,998,938 (+1.7%)	$266M (-13.8%)	4.3%	$45.75	-14.4%	COM	217204106
GSHD	GOOSEHEAD INS INC	443,385 (+19.5%)	$18.91M (-30.8%)	0.3%	$59.74	+3.8%	COM CL A	38267D109
CCC	CCC INTELLIGENT SOLUTIONS HL	31,513,070 (+26.9%)	$189M (-4.2%)	3.1%	$9.22	-25.1%	COM	12510Q100

Exited Positions (2)

DHR DANAHER CORPORATION 0.3%

Value $15.91M Shares 69,516 Est. Cost $48.64 Unrealized +361.9%

KMX CARMAX INC 0.1%

Value $5.819M Shares 150,600 Est. Cost $65.34 Unrealized -31.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DHR	DANAHER CORPORATION	69,516	$15.91M	0.3%	$48.64	+361.9%	—	235851102
KMX	CARMAX INC	150,600	$5.819M	0.1%	$65.34	-31.3%	—	143130102

Decreased Positions (9)

MA MASTERCARD INCORPORATED 18.6%

Value $1.14B (-33.6%) Shares 2,281,106 (-24.1%) Est. Cost $95.75 Unrealized +463.0%

BN BROOKFIELD CORP 11.2%

Value $689M (-44.1%) Shares 17,027,077 (-36.6%) Est. Cost $28.90 Unrealized +61.5%

V VISA INC 8.1%

Value $495M (-47.2%) Shares 1,638,798 (-38.8%) Est. Cost $74.98 Unrealized +339.0%

— KKR & CO L P DEL 10.1%

Value $621M (-39.9%) Shares 6,718,078 (-17.1%) Est. Cost $50.04 Unrealized —

MCO MOODYS CORP 8.9%

Value $544M (-38.7%) Shares 1,246,114 (-28.2%) Est. Cost $68.74 Unrealized +612.3%

ORLY OREILLY AUTOMOTIVE INC 5.8%

Value $359M (-41.5%) Shares 3,885,813 (-42.2%) Est. Cost $83.84 Unrealized +13.3%

ABNB AIRBNB INC 4.2%

Value $257M (-45.5%) Shares 2,034,473 (-41.4%) Est. Cost $135.75 Unrealized -4.7%

AMT AMERICAN TOWER CORP NEW 0.1%

Value $8.762M (-80.4%) Shares 50,772 (-80.1%) Est. Cost $70.68 Unrealized +147.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value $4.954M (-17.2%) Shares 10,339 (-13.1%) Est. Cost $126.67 Unrealized +289.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	2,281,106 (-24.1%)	$1.14B (-33.6%)	18.6%	$95.75	+463.0%	CL A	57636Q104
BN	BROOKFIELD CORP	17,027,077 (-36.6%)	$689M (-44.1%)	11.2%	$28.90	+61.5%	CL A LTD VT SH	11271J107
V	VISA INC	1,638,798 (-38.8%)	$495M (-47.2%)	8.1%	$74.98	+339.0%	COM CL A	92826C839
—	KKR & CO L P DEL	6,718,078 (-17.1%)	$621M (-39.9%)	10.1%	$50.04	—	COM UNITS	48251w104
MCO	MOODYS CORP	1,246,114 (-28.2%)	$544M (-38.7%)	8.9%	$68.74	+612.3%	COM	615369105
ORLY	OREILLY AUTOMOTIVE INC	3,885,813 (-42.2%)	$359M (-41.5%)	5.8%	$83.84	+13.3%	COM	67103H107
ABNB	AIRBNB INC	2,034,473 (-41.4%)	$257M (-45.5%)	4.2%	$135.75	-4.7%	COM CL A	009066101
AMT	AMERICAN TOWER CORP NEW	50,772 (-80.1%)	$8.762M (-80.4%)	0.1%	$70.68	+147.3%	COM	03027X100
BRK/B	BERKSHIRE HATHAWAY INC DEL	10,339 (-13.1%)	$4.954M (-17.2%)	0.1%	$126.67	+289.6%	CL B NEW	084670702

Unchanged Positions (1)

SOPH SOPHIA GENETICS SA 0.3%

Value $18.41M Shares 3,719,140 Est. Cost $4.05 Unrealized +23.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SOPH	SOPHIA GENETICS SA	3,719,140	$18.41M	0.3%	$4.05	+23.2%	ORDINARY SHARES	H82027105