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 |
Brookfield
BN
|
+$4.72M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Markel Group
MKL
|
+$16.2M |
| 2 |
BNT
Brookfield Wealth Solutions
BNT
|
+$4.68M |
| 3 |
Mastercard
MA
|
+$2.94M |
| 4 |
American Tower
AMT
|
+$2.42M |
| 5 |
Moody's
MCO
|
+$1.97M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 42.56% |
| 2 | Real Estate | 20.55% |
| 3 | Technology | 16.9% |
| 4 | Consumer Discretionary | 11.54% |
| 5 | Healthcare | 3.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Mastercard
MA
$509B
| $2.04B | 12.54% |
5,858,416
-8,094
| -0.1% | -$2.94M |
|
|
2
Moody's
MCO
$87.2B
| $2B | 12.29% |
5,620,036
-5,219
| -0.1% | -$1.97M |
|
|
3
American Tower
AMT
$81.9B
| $1.86B | 11.45% |
7,007,787
-8,475
| -0.1% | -$2.42M |
|
4
Visa
V
$693B
| $1.17B | 7.19% |
5,244,738
| – | – |
|
5
O'Reilly Automotive
ORLY
$72.1B
| $965M | 5.94% |
23,680,605
-42,105
| -0.2% | -$1.69M |
|
6
CarMax
KMX
$8.82B
| $910M | 5.6% |
7,109,082
-4,025
| -0.1% | -$536K |
|
7
KKR & Co
KKR
$97.4B
| $897M | 5.52% |
14,730,028
-2,716
| -0% | -$171K |
|
8
Adobe
ADBE
$109B
| $881M | 5.42% |
1,529,985
-105
| -0% | -$66.1K |
|
9
CoStar Group
CSGP
$13.1B
| $840M | 5.17% |
9,763,000
-4,600
| -0% | -$398K |
|
10
Salesforce
CRM
$171B
| $759M | 4.68% |
2,800,000
| – | – |
|
11
Roper Technologies
ROP
$40.7B
| $742M | 4.57% |
1,662,585
-2,443
| -0.1% | -$1.17M |
|
|
12
Brookfield
BN
$93.1B
| $702M | 4.32% |
24,357,646
+161,750
| +0.7% | +$4.72M |
|
13
SBA Communications
SBAC
$19.4B
| $638M | 3.93% |
1,930,190
| – | – |
|
14
Danaher
DHR
$154B
| $504M | 3.1% |
1,867,178
| – | – |
|
15
Verisk Analytics
VRSK
$24.4B
| $490M | 3.01% |
2,444,255
-2,661
| -0.1% | -$516K |
|
16
Dollar Tree
DLTR
$25.3B
| $343M | 2.11% |
3,581,673
-5,993
| -0.2% | -$576K |
|
|
ANSS
17
DELISTED
Ansys
ANSS
| $208M | 1.28% |
609,764
| – | – |
|
18
Alarm.com
ALRM
$2.82B
| $155M | 0.95% |
1,978,658
| – | – |
|
19
DigitalBridge
DBRG
$2.95B
| $63.3M | 0.39% |
2,626,200
| – | – |
|
20
Goosehead Insurance
GSHD
$2.58B
| $44.7M | 0.28% |
293,366
| – | – |
|
21
Ollie's Bargain Outlet
OLLI
$4.6B
| $30.1M | 0.19% |
500,000
| – | – |
|
22
Berkshire Hathaway Class B
BRK.B
$1.06T
| $4.78M | 0.03% |
17,504
-445
| -2% | -$125K |
|
|
23
CALL
Mastercard
MA
$509B
| $3.48M | 0.02% |
+10,000
| New | +$3.64M |
|
|
24
CALL
American Tower
AMT
$81.9B
| $1.73M | 0.01% |
+6,500
| New | +$1.85M |
|
25
ThredUp
TDUP
$366M
| $488K | ﹤0.01% |
22,500
| – | – |
|
Similar funds
Chuck Akre's Q3 2021 Portfolio in Review
As of Q3 2021, Chuck Akre held 27 positions worth $16.2B, up 0.03% from $16.2B the previous quarter. Its ten largest holdings account for 76% of the portfolio.
Chuck Akre's Q3 2021 filing shows 2 new, 1 increased, 12 reduced and 2 closed positions. The largest sale was Markel Group, an estimated $16.2M.
By sector, the portfolio is most concentrated in Financials at 43% of assets, down from 44% a quarter earlier, followed by Real Estate and Technology.
- Chuck Akre added most to Brookfield in Q3 2021, an estimated $4.72M increase.
- Chuck Akre's biggest Q3 2021 reduction was Mastercard, cutting an estimated $2.94M.
- Chuck Akre fully exited Markel Group in Q3 2021, selling an estimated $16.2M.
- Chuck Akre's ten largest holdings make up 76% of its $16.2B portfolio in Q3 2021.
- Chuck Akre opened 2 new positions and closed 2 in Q3 2021.
- Chuck Akre's portfolio value rose 0.03% quarter-over-quarter to $16.2B.
Based on AKRE Capital Management's 13F filing for Q3 2021, filed 12 Nov 2021.