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
|
+$3.74M |
| 2 |
KKR & Co
KKR
|
+$3.01M |
| 3 |
Danaher
DHR
|
+$501K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Moody's
MCO
|
+$134M |
| 2 |
O'Reilly Automotive
ORLY
|
+$62.7M |
| 3 |
Adobe
ADBE
|
+$54.4M |
| 4 |
American Tower
AMT
|
+$49.6M |
| 5 |
CarMax
KMX
|
+$18.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 58.3% |
| 2 | Real Estate | 16.17% |
| 3 | Technology | 10.97% |
| 4 | Consumer Discretionary | 10.85% |
| 5 | Healthcare | 3.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Mastercard
MA
$509B
| $2.31B | 19.23% |
5,869,459
| – | – |
|
|
2
Moody's
MCO
$87.2B
| $1.84B | 15.3% |
5,281,223
-422,562
| -7% | -$134M |
|
|
3
American Tower
AMT
$81.9B
| $1.31B | 10.9% |
6,744,947
-253,751
| -4% | -$49.6M |
|
4
Visa
V
$693B
| $1.17B | 9.74% |
4,922,138
| – | – |
|
|
5
O'Reilly Automotive
ORLY
$72.1B
| $1.06B | 8.86% |
16,706,295
-1,026,225
| -6% | -$62.7M |
|
|
6
KKR & Co
KKR
$97.4B
| $853M | 7.11% |
15,233,868
+57,500
| +0.4% | +$3.01M |
|
7
Roper Technologies
ROP
$40.7B
| $796M | 6.63% |
1,655,625
| – | – |
|
8
CoStar Group
CSGP
$13.1B
| $633M | 5.27% |
7,111,430
| – | – |
|
|
9
Brookfield
BN
$93.1B
| $616M | 5.13% |
27,456,470
+176,339
| +0.6% | +$3.74M |
|
|
10
Adobe
ADBE
$109B
| $520M | 4.33% |
1,064,081
-135,000
| -11% | -$54.4M |
|
|
11
Danaher
DHR
$154B
| $430M | 3.58% |
2,019,458
+2,368
| +0.1% | +$501K |
|
|
12
CarMax
KMX
$8.82B
| $239M | 1.99% |
2,850,806
-247,660
| -8% | -$18.1M |
|
13
Brookfield Asset Management
BAM
$83.5B
| $120M | 1% |
3,691,684
| – | – |
|
14
DigitalBridge
DBRG
$2.95B
| $73.9M | 0.62% |
5,020,631
-113,904
| -2% | -$1.4M |
|
15
Goosehead Insurance
GSHD
$2.58B
| $15.3M | 0.13% |
243,672
| – | – |
|
|
16
CALL
Mastercard
MA
$509B
| $7.46M | 0.06% |
10,000
| – | – |
|
17
Berkshire Hathaway Class B
BRK.B
$1.06T
| $5.84M | 0.05% |
17,114
| – | – |
|
18
Dollar Tree
DLTR
$25.3B
| $4.35M | 0.04% |
30,296
| – | – |
|
19
Verisk Analytics
VRSK
$24.4B
| $4.29M | 0.04% |
18,976
| – | – |
|
20
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| – | – |
-100,000
| Closed | -$10.4M |
|
Similar funds
Chuck Akre's Q2 2023 Portfolio in Review
As of Q2 2023, Chuck Akre held 20 positions worth $12B, up 5.6% from $11.4B the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Chuck Akre's Q2 2023 filing shows 3 increased, 6 reduced and 1 closed positions. The largest sale was Moody's, an estimated $134M.
By sector, the portfolio is most concentrated in Financials at 58% of assets, up from 58% a quarter earlier, followed by Real Estate and Technology.
- Chuck Akre added most to Brookfield in Q2 2023, an estimated $3.74M increase.
- Chuck Akre's biggest Q2 2023 reduction was Moody's, cutting an estimated $134M.
- Chuck Akre's ten largest holdings make up 93% of its $12B portfolio in Q2 2023.
- Chuck Akre opened 0 new positions and closed 1 in Q2 2023.
- Chuck Akre's portfolio value rose 5.6% quarter-over-quarter to $12B.
Based on AKRE Capital Management's 13F filing for Q2 2023, filed 11 Aug 2023.