Akre Capital Management
Chuck AkreMiddleburg, VAfiles as AKRE CAPITAL MANAGEMENT LLC
$5.1bn in 19 US stocks at the end of 30 June 2026. The top 10 are 87.9% of the money. It changed about 6.3% of the portfolio this quarter.
Value
$5.1bn
Stocks
19
Top 10 share
87.9%
Turnover
6.3%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- Costar GroupCSGP6.5% of the fund+13%
- ServiceNowNOW2.4% of the fund+14%
Cut
Sold some of their stake.
- MastercardMA20.0% of the fund-13%
- Moody'sMCO10.3% of the fund-7%
- BrookfieldBN10.1% of the fund-29%
- KKRKKR9.0% of the fund-26%
- Roper TechnologiesROP7.8% of the fund-6%
- VisaV7.5% of the fund-32%
- O'Reilly AutomotiveORLY3.9% of the fund-44%
- AirbnbABNB3.3% of the fund-42%
- CCC Intelligent Solutions HoldingsCCC3.0% of the fund-5%
- American TowerAMT<0.1% of the fund-42%
- Berkshire HathawayBRK-B<0.1% of the fund-21%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- BrookfieldBN
- Share
- 10.1%
- Value
- $516m
- Shares
- 12,119,927
-29%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MastercardMA | 20.0% | $1.0bn | 1,989,906 | -13% |
| Moody'sMCO | 10.3% | $524m | 1,156,893 | -7% |
| BrookfieldBN | 10.1% | $516m | 12,119,927 | -29% |
| KKRKKR | 9.0% | $457m | 4,981,486 | -26% |
| Fair IsaacFICO | 8.5% | $432m | 361,826 | Held |
| Roper TechnologiesROP | 7.8% | $398m | 1,176,562 | -6% |
| VisaV | 7.5% | $381m | 1,110,881 | -32% |
| Costar GroupCSGP | 6.5% | $331m | 11,699,396 | +13% |
| CopartCPRT | 4.4% | $225m | 7,985,808 | Held |
| O'Reilly AutomotiveORLY | 3.9% | $199m | 2,161,818 | -44% |
| AirbnbABNB | 3.3% | $169m | 1,183,749 | -42% |
| CCC Intelligent Solutions HoldingsCCC | 3.0% | $154m | 29,858,935 | -5% |
| ServiceNowNOW | 2.4% | $124m | 1,246,099 | +14% |
| SalesforceCRM | 2.2% | $112m | 717,799 | Held |
| Goosehead InsuranceGSHD | 0.4% | $22m | 443,385 | Held |
| SOPHiA GENETICS SASOPH | 0.4% | $21m | 3,719,140 | Held |
| Perimeter SolutionsPRM | 0.2% | $9m | 250,000 | Held |
| American TowerAMT | <0.1% | $5m | 29,254 | -42% |
| Berkshire HathawayBRK-B | <0.1% | $4m | 8,184 | -21% |
Options (1)
- SalesforceCRM
- Type
- Call
- Value
- $16m
- Contracts
- 100,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| SalesforceCRM | Call | $16m | 100,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 50.0% since 30 June 2025.
Where the money is
Financial services47.2%
Technology24.3%
Real estate16.7%
Retail & consumer7.2%
Industrials4.4%
Materials0.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.