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 |
Uber
UBER
|
+$127M |
| 2 |
CCC
CCC Intelligent Solutions
CCC
|
+$79.8M |
| 3 |
SOPHiA GENETICS
SOPH
|
+$1.39M |
| 4 |
CoStar Group
CSGP
|
+$513K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mastercard
MA
|
+$206M |
| 2 |
KKR & Co
KKR
|
+$163M |
| 3 |
Brookfield Asset Management
BAM
|
+$137M |
| 4 |
Moody's
MCO
|
+$125M |
| 5 |
American Tower
AMT
|
+$121M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 59.86% |
| 2 | Real Estate | 16.26% |
| 3 | Consumer Discretionary | 11.18% |
| 4 | Technology | 8.99% |
| 5 | Healthcare | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Mastercard
MA
$509B
| $2.22B | 18.37% |
4,610,292
-451,542
| -9% | -$206M |
|
|
2
Moody's
MCO
$87.2B
| $1.75B | 14.48% |
4,452,967
-323,973
| -7% | -$125M |
|
|
3
KKR & Co
KKR
$97.4B
| $1.5B | 12.38% |
14,879,551
-1,768,668
| -11% | -$163M |
|
|
4
American Tower
AMT
$81.9B
| $1.22B | 10.13% |
6,197,825
-606,774
| -9% | -$121M |
|
5
O'Reilly Automotive
ORLY
$72.1B
| $1.12B | 9.23% |
14,826,210
-471,750
| -3% | -$33M |
|
6
Visa
V
$693B
| $913M | 7.55% |
3,271,740
-237,000
| -7% | -$65.4M |
|
7
Roper Technologies
ROP
$40.7B
| $866M | 7.17% |
1,544,700
-27,992
| -2% | -$15.3M |
|
8
Brookfield
BN
$93.1B
| $752M | 6.22% |
26,937,623
-142,614
| -0.5% | -$3.85M |
|
|
9
CoStar Group
CSGP
$13.1B
| $701M | 5.8% |
7,261,626
+5,957
| +0.1% | +$513K |
|
10
Danaher
DHR
$154B
| $443M | 3.67% |
1,775,400
| – | – |
|
11
CarMax
KMX
$8.82B
| $235M | 1.95% |
2,701,829
-24,866
| -0.9% | -$1.88M |
|
|
12
Uber
UBER
$161B
| $137M | 1.13% |
+1,775,000
| New | +$127M |
|
|
CCC
13
CCC Intelligent Solutions
CCC
$4.39B
| $83.7M | 0.69% |
+7,000,000
| New | +$79.8M |
|
14
DigitalBridge
DBRG
$2.95B
| $79.2M | 0.66% |
4,109,005
-293,215
| -7% | -$5.52M |
|
15
SBA Communications
SBAC
$19.4B
| $39.1M | 0.32% |
180,629
| – | – |
|
16
Goosehead Insurance
GSHD
$2.58B
| $16.2M | 0.13% |
243,672
| – | – |
|
17
Berkshire Hathaway Class B
BRK.B
$1.06T
| $6.93M | 0.06% |
16,490
-70
| -0.4% | -$27.5K |
|
18
Verisk Analytics
VRSK
$24.4B
| $4.08M | 0.03% |
17,325
| – | – |
|
|
19
Brookfield Asset Management
BAM
$83.5B
| $2.65M | 0.02% |
63,000
-3,392,966
| -98% | -$137M |
|
|
20
SOPHiA GENETICS
SOPH
$736M
| $1.42M | 0.01% |
+287,699
| New | +$1.39M |
|
21
Dollar Tree
DLTR
$25.3B
| $297K | ﹤0.01% |
2,229
-19,542
| -90% | -$2.69M |
|
Similar funds
Chuck Akre's Q1 2024 Portfolio in Review
As of Q1 2024, Chuck Akre held 21 positions worth $12.1B, up 1.7% from $11.9B the previous quarter. Its ten largest holdings account for 95% of the portfolio.
Chuck Akre withdrew a net $671M in Q1 2024, reducing 13 holdings. Its largest reduction was Mastercard, cutting an estimated $206M.
By sector, the portfolio is most concentrated in Financials at 60% of assets, down from 61% a quarter earlier, followed by Real Estate and Consumer Discretionary.
Against the trend, Chuck Akre opened a new position in Uber worth $137M.
- Chuck Akre's largest Q1 2024 buy was Uber: 1,775,000 shares worth $137M.
- Chuck Akre added most to CoStar Group in Q1 2024, an estimated $513K increase.
- Chuck Akre's biggest Q1 2024 reduction was Mastercard, cutting an estimated $206M.
- Chuck Akre's ten largest holdings make up 95% of its $12.1B portfolio in Q1 2024.
- Chuck Akre opened 3 new positions and closed 0 in Q1 2024.
- Chuck Akre's portfolio value rose 1.7% quarter-over-quarter to $12.1B.
Based on AKRE Capital Management's 13F filing for Q1 2024, filed 13 May 2024.