Chuck Akre AKRE Capital Management
Chuck Akre is the founder of Akre Capital Management, known for a “compounding machine” philosophy focused on exceptional businesses, capable management, and reinvestment opportunity. The firm is famous for long holding periods and a concentrated portfolio of high-quality companies. Akre’s annual letters are a staple for investors studying quality-growth compounding.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Enovis
ENOV
|
+$33.6M |
| 2 |
Ubiquiti
UI
|
+$30.3M |
| 3 |
CarMax
KMX
|
+$28M |
| 4 |
Monro
MNRO
|
+$13.1M |
| 5 |
Roper Technologies
ROP
|
+$8.89M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$64.2M |
| 2 |
Danaher
DHR
|
+$32.3M |
| 3 |
Hartford Financial Services
HIG
|
+$10.1M |
| 4 |
Jefferies Financial Group
JEF
|
+$2.37M |
| 5 |
TransDigm Group
TDG
|
+$1.84M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 40.8% |
| 2 | Real Estate | 14.06% |
| 3 | Healthcare | 11.26% |
| 4 | Consumer Discretionary | 9.6% |
| 5 | Communication Services | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
American Tower
AMT
$81.9B
| $397M | 10.46% |
4,017,081
-290
| -0% | -$28.5K |
|
2
Mastercard
MA
$509B
| $368M | 9.68% |
4,266,670
-6,510
| -0.2% | -$531K |
|
3
Markel Group
MKL
$22.2B
| $348M | 9.17% |
510,004
+1,160
| +0.2% | +$787K |
|
4
Moody's
MCO
$87.2B
| $337M | 8.88% |
3,519,180
+38,635
| +1% | +$3.75M |
|
|
5
Enovis
ENOV
$1.5B
| $299M | 7.88% |
3,371,000
+370,821
| +12% | +$33.6M |
|
6
Dollar Tree
DLTR
$25.3B
| $246M | 6.48% |
3,499,138
+14,540
| +0.4% | +$917K |
|
|
DISCK
7
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $194M | 5.1% |
5,747,540
+15,200
| +0.3% | +$518K |
|
|
8
Roper Technologies
ROP
$40.7B
| $179M | 4.72% |
1,146,390
+57,990
| +5% | +$8.89M |
|
9
Live Nation Entertainment
LYV
$42.4B
| $166M | 4.37% |
6,350,000
| – | – |
|
10
O'Reilly Automotive
ORLY
$72.1B
| $157M | 4.14% |
12,250,320
-13,650
| -0.1% | -$160K |
|
11
Visa
V
$693B
| $150M | 3.94% |
2,283,240
+1,520
| +0.1% | +$91.5K |
|
12
SBA Communications
SBAC
$19.4B
| $133M | 3.5% |
1,200,000
| – | – |
|
|
13
Danaher
DHR
$154B
| $129M | 3.39% |
2,231,748
-595,133
| -21% | -$32.3M |
|
|
14
CarMax
KMX
$8.82B
| $113M | 2.98% |
1,700,000
+505,000
| +42% | +$28M |
|
|
AMTD
15
DELISTED
TD Ameritrade Holding Corp
AMTD
| $113M | 2.98% |
3,158,900
| – | – |
|
|
16
Monro
MNRO
$392M
| $87M | 2.29% |
1,505,003
+245,003
| +19% | +$13.1M |
|
|
ESGR
17
DELISTED
Enstar Group
ESGR
| $78.2M | 2.06% |
511,402
+15,918
| +3% | +$2.31M |
|
18
LPL Financial
LPLA
$28.5B
| $76.4M | 2.01% |
1,715,000
| – | – |
|
|
19
Ubiquiti
UI
$33.8B
| $54.8M | 1.44% |
1,850,000
+950,000
| +106% | +$30.3M |
|
20
Verisk Analytics
VRSK
$24.4B
| $51.2M | 1.35% |
800,000
| – | – |
|
21
Berkshire Hathaway Class B
BRK.B
$1.06T
| $45.5M | 1.2% |
303,175
-5,005
| -2% | -$723K |
|
|
DHIL
22
DELISTED
Diamond Hill
DHIL
| $20.1M | 0.53% |
145,500
| – | – |
|
|
23
Berkshire Hathaway Class A
BRK.A
$1.06T
| $11.5M | 0.3% |
51
-1
| -2% | -$216K |
|
|
AMT.PRA
24
DELISTED
American Tower Corporation
AMT.PRA
| $11.5M | 0.3% |
100,000
| – | – |
|
|
ANSS
25
DELISTED
Ansys
ANSS
| $8.22M | 0.22% |
100,300
| – | – |
|
Similar funds
Chuck Akre's Q4 2014 Portfolio in Review
As of Q4 2014, Chuck Akre held 39 positions worth $3.8B, up 7.7% from $3.53B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Chuck Akre's Q4 2014 filing shows 11 increased, 8 reduced and 3 closed positions. The largest sale was Apple, an estimated $64.2M.
By sector, the portfolio is most concentrated in Financials at 41% of assets, up from 40% a quarter earlier, followed by Real Estate and Healthcare.
- Chuck Akre added most to Enovis in Q4 2014, an estimated $33.6M increase.
- Chuck Akre's biggest Q4 2014 reduction was Danaher, cutting an estimated $32.3M.
- Chuck Akre fully exited Apple in Q4 2014, selling an estimated $64.2M.
- Chuck Akre's ten largest holdings make up 71% of its $3.8B portfolio in Q4 2014.
- Chuck Akre opened 0 new positions and closed 3 in Q4 2014.
- Chuck Akre's portfolio value rose 7.7% quarter-over-quarter to $3.8B.
Based on AKRE Capital Management's 13F filing for Q4 2014, filed 13 Feb 2015.