Akre Capital Management LLC — Full 13F Portfolio Breakdown

CIK: 0001112520

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$6.1B

Reporting period: 2026-03-31 · Number of holdings: 20

AKRE CAPITAL MANAGEMENT LLC disclosed 20 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $6.1B and a quarterly turnover rate of 46.3%.

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Personality snowflake

Concentration: 37.86
Portfolio Stability: 46.34
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 38
Sizing Uniformity: 90.82

Akre Capital Management LLC's disclosed holdings carry a Herfindahl concentration index of 0.095 — mathematically equivalent to about 11 equally-sized positions, well below its 20 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.92), suggesting a disciplined, rules-based approach to how much capital goes into each idea.

Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 2.4 percentage-point tilt) — a pattern consistent with a momentum-following approach.

Recent moves

Trim BN
-36.6%　-$542.8M
Trim V
-38.8%　-$443.4M
Add ROP
+13.8%　-$47.1M
Trim 48251w104
-17.1%　-$411.9M
Add FICO
+31.1%　-$80.7M
Trim ABNB
-41.4%　-$214.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 19 holdings (of 20 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MA	Mastercard INC - A	Stock-Financials	18.58%	-0.23%	-24.10%
2	BN	Brookfield CORP	Stock-Financials	11.23%	-2.28%	-36.57%
3	✓	KKR & Co. Inc.	Stock-Other	10.13%	-1.20%	-17.12%
4	MCO	Moody's CORP	Stock-Financials	8.86%	-0.86%	-28.19%
5	V	Visa Inc-class A Shares	Stock-Financials	8.07%	-2.22%	-38.77%
6	ROP	Roper Technologies INC	Stock-Tech	7.25%	+1.86%	+13.76%
7	CSGP	Costar Group INC	Stock-Real Estate	6.80%	-0.29%	+7.59%
8	FICO	Fair Isaac CORP	Stock-Tech	6.33%	+1.19%	+31.11%
9	ORLY	O'reilly Automotive INC	Stock-Consumer Disc	5.85%	-0.87%	-42.17%
10	CPRT	Copart INC	Stock-Industrials	4.33%	+0.95%	+1.66%
11	ABNB	Airbnb Inc-class A	Stock-Consumer Disc	4.19%	-0.98%	-41.42%
12	CCC	Ccc Intelligent Solutions Ho	Stock-Tech	3.08%	+0.92%	+26.88%
13	CRM	Salesforce INC	Stock-Tech	2.49%	+2.49%	NEW
14	NOW	Servicenow INC	Stock-Tech	1.87%	+1.87%	NEW
15	GSHD	Goosehead Insurance INC -a	Stock-Other	0.31%	+0.01%	+19.48%
16	SOPH	SOPHiA GENETICS SA	Stock-Other	0.30%	+0.11%	—
17	AMT	American Tower CORP	Stock-Real Estate	0.14%	-0.35%	-80.11%
18	PRM	Perimeter Solutions INC	Stock-Other	0.10%	+0.10%	NEW
19	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.08%	+0.01%	-13.13%

Portfolio Performance

Performance for Q3 2026

+2.3%

Performance Last 4 Quarters

-16.2%

Based on 85% of reported portfolio value with available pricing

Stdev: +17.7%
Beta: +0.9
Alpha: -8.1%
Max Drawdown: -22%
Annualized Perf: +7.3%
Batting Avg vs S&P: +38.9%
Sortino: +0.84
Stutzer: +0.14
Treynor: +0.1
Sterling: +0.33
Calmar: +0.33
Information Ratio: -0.75
Tracking Error: +13.3%
Stdev Down: +10.2%
Winning Months %: +55.6%
Losing Months %: +44.4%
Best 12 Months: +43%
Worst 12 Months: -18.8%
Efficiency Ratio: +0.16
Sharpe: +0.48
Stdev Sectors: +19.5%
Skewness: +0.51
Kurtosis: +0.39
Upside Potential: +2.81

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	20	$6.1B	46	1MA 2BN348251w Top holdings2026-03-31 1.MA 2.BN 3.48251w 4.MCO 5.V 6.ROP 7.CSGP 8.FICO 9.ORLY 10.CPRT
2025-12-31	18	$9.1B	16	1MA 2BN348251w Top holdings2025-12-31 1.MA 2.BN 3.48251w 4.V 5.MCO 6.CSGP 7.ORLY 8.ROP 9.ABNB 10.FICO
2025-09-30	19	$10.0B	27	1MA 2BN348251w Top holdings2025-09-30 1.MA 2.BN 3.48251w 4.V 5.MCO 6.ORLY 7.CSGP 8.ROP 9.ABNB 10.FICO
2025-06-30	19	$10.2B	0	1MA 2BN348251w Top holdings2025-06-30 1.MA 2.BN 3.48251w 4.MCO 5.V 6.ORLY 7.ROP 8.CSGP 9.ABNB 10.DHR
2025-03-31	18	$10.4B	100	1MA 2ORLY 3MCO Top holdings2025-03-31 1.MA 2.ORLY 3.MCO 4.V 5.48251w 6.BN 7.ROP 8.CSGP 9.AMT 10.DHR
2024-12-31	18	$11.6B	0	1MA248251w3MCO Top holdings2024-12-31 1.MA 2.48251w 3.MCO 4.BN 5.ORLY 6.V 7.AMT 8.ROP 9.CSGP 10.DHR
2024-09-30	18	$12.0B	0	1MA 2MCO348251w Top holdings2024-09-30 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.BN 7.V 8.ROP 9.CSGP 10.DHR
2024-06-30	19	$11.4B	0	1MA 2MCO348251w Top holdings2024-06-30 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.ROP 7.V 8.BN 9.CSGP 10.DHR
2024-03-31	21	$12.1B	0	1MA 2MCO348251w Top holdings2024-03-31 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.V 7.ROP 8.BN 9.CSGP 10.DHR
2023-12-31	18	$11.9B	0	1MA 2MCO 3AMT Top holdings2023-12-31 1.MA 2.MCO 3.AMT 4.48251w 5.ORLY 6.V 7.ROP 8.BN 9.CSGP 10.DHR
2023-09-30	18	$11.5B	0	1MA 2MCO 3AMT Top holdings2023-09-30 1.MA 2.MCO 3.AMT 4.V 5.48251w 6.ORLY 7.ROP 8.BN 9.CSGP 10.DHR
2023-06-30	19	$12.0B	0	1MA 2MCO 3AMT Top holdings2023-06-30 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.CSGP 9.BN 10.ADBE
2023-03-31	20	$11.4B	0	1MA 2MCO 3AMT Top holdings2023-03-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.BN 9.CSGP 10.ADBE
2022-12-31	21	$11.1B	0	1MA 2MCO 3AMT Top holdings2022-12-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.ROP 7.48251w 8.CSGP 9.BN 10.DHR
2022-09-30	22	$11.3B	0	1MA 2AMT 3MCO Top holdings2022-09-30 1.MA 2.AMT 3.MCO 4.ORLY 5.V 6.48251w 7.ROP 8.BAM 9.CSGP 10.KMX
2022-06-30	23	$12.5B	0	1MA 2AMT 3MCO Top holdings2022-06-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.48251w 7.KMX 8.ROP 9.ADBE 10.BAM
2022-03-31	22	$14.7B	0	1MA 2MCO 3AMT Top holdings2022-03-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.BAM 9.ADBE 10.KMX
2021-12-31	24	$17.9B	0	1AMT 2MA 3MCO Top holdings2021-12-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.48251w 7.KMX 8.ADBE 9.ROP 10.BAM
2021-09-30	25	$16.2B	0	1MA 2MCO 3AMT Top holdings2021-09-30 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.KMX 7.48251w 8.ADBE 9.CSGP 10.CRM
2021-06-30	25	$16.2B	—	1MA 2MCO 3AMT Top holdings2021-06-30 1.MA 2.MCO 3.AMT 4.V 5.KMX 6.ADBE 7.ORLY 8.48251w 9.CSGP 10.ROP
2021-03-31	24	$14.7B	100	1MA 2MCO 3AMT Top holdings2021-03-31 1.MA 2.MCO 3.AMT 4.V 5.KMX 6.CSGP 7.ORLY 8.ADBE 9.48251w 10.ROP
2020-12-31	28	$14.8B	9	1MA 2MCO 3AMT Top holdings2020-12-31 1.MA 2.MCO 3.AMT 4.V 5.CSGP 6.ORLY 7.ROP 8.KMX 9.SBAC 10.KKR
2020-09-30	28	$14.2B	9	1MA 2AMT 3MCO Top holdings2020-09-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.CSGP 7.SBAC 8.ROP 9.KMX 10.ADBE
2020-06-30	28	$13.3B	25	1AMT 2MA 3MCO Top holdings2020-06-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.SBAC 7.KMX 8.CSGP 9.ROP 10.ADBE
2020-03-31	28	$10.3B	23	1AMT 2MA 3MCO Top holdings2020-03-31 1.AMT 2.MA 3.MCO 4.V 5.SBAC 6.ORLY 7.ROP 8.MKL 9.KMX 10.ADBE
2019-12-31	25	$10.9B	10	1AMT 2MA 3MCO Top holdings2019-12-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.SBAC 7.KMX 8.MKL 9.ROP 10.DLTR
2019-09-30	25	$10.1B	24	1AMT 2MA 3MCO Top holdings2019-09-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.MKL 7.SBAC 8.DLTR 9.ROP 10.KMX
2019-06-30	24	$9.9B	11	1AMT 2MA 3MCO Top holdings2019-06-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.ROP 7.MKL 8.SBAC 9.DLTR 10.KMX
2019-03-31	25	$9.5B	20	1AMT 2MA 3MCO Top holdings2019-03-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.ROP 7.DLTR 8.MKL 9.SBAC 10.KMX
2018-12-31	25	$7.9B	12	1AMT 2MA 3MCO Top holdings2018-12-31 1.AMT 2.MA 3.MCO 4.ORLY 5.V 6.MKL 7.DLTR 8.ROP 9.SBAC 10.KMX
2018-09-30	24	$8.6B	10	1MA 2AMT 3MCO Top holdings2018-09-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.MKL 7.ROP 8.DLTR 9.SBAC 10.KMX
2018-06-30	23	$7.9B	14	1MA 2AMT 3MCO Top holdings2018-06-30 1.MA 2.AMT 3.MCO 4.V 5.MKL 6.ORLY 7.ROP 8.DLTR 9.SBAC 10.KMX
2018-03-31	24	$7.6B	9	1AMT 2MA 3MCO Top holdings2018-03-31 1.AMT 2.MA 3.MCO 4.MKL 5.V 6.ORLY 7.DLTR 8.ROP 9.SBAC 10.KMX
2017-12-31	24	$7.2B	11	1AMT 2MCO 3MA Top holdings2017-12-31 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ORLY 8.ROP 9.SBAC 10.KMX
2017-09-30	26	$6.8B	12	1AMT 2MCO 3MA Top holdings2017-09-30 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ORLY 8.KMX 9.ROP 10.SBAC
2017-06-30	28	$6.2B	13	1AMT 2MCO 3MA Top holdings2017-06-30 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.ROP 7.DLTR 8.SBAC 9.KMX 10.ESGRP
2017-03-31	31	$6.1B	15	1AMT 2MCO 3MA Top holdings2017-03-31 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ROP 8.KMX 9.SBAC 10.ESGRP
2016-12-31	34	$5.5B	8	1AMT 2MA 3MKL Top holdings2016-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.KMX 6.DLTR 7.ESGRP 8.ROP 9.V 10.SBAC
2016-09-30	33	$5.2B	10	1AMT 2MA 3MKL Top holdings2016-09-30 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.V 7.ROP 8.KMX 9.ESGRP 10.ORLY
2016-06-30	33	$5.0B	10	1AMT 2MKL 3MA Top holdings2016-06-30 1.AMT 2.MKL 3.MA 4.DLTR 5.MCO 6.V 7.ROP 8.KMX 9.ESGRP 10.ORLY
2016-03-31	34	$4.7B	7	1AMT 2MKL 3MA Top holdings2016-03-31 1.AMT 2.MKL 3.MA 4.MCO 5.DLTR 6.ROP 7.ESGRP 8.ORLY 9.KMX 10.ENOV
2015-12-31	34	$4.5B	15	1AMT 2MA 3MKL Top holdings2015-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.ROP 7.ORLY 8.VRSK 9.SBAC 10.KMX
2015-09-30	35	$4.3B	12	1AMT 2MA 3MKL Top holdings2015-09-30 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.ROP 7.ENOV 8.ORLY 9.KMX 10.V
2015-06-30	37	$4.2B	16	1AMT 2MKL 3MA Top holdings2015-06-30 1.AMT 2.MKL 3.MA 4.MCO 5.DLTR 6.ENOV 7.ROP 8.ORLY 9.LYV 10.V
2015-03-31	35	$3.9B	8	1MKL 2AMT 3MA Top holdings2015-03-31 1.MKL 2.AMT 3.MA 4.MCO 5.DLTR 6.ENOV 7.ROP 8.DISCKUSD 9.ORLY 10.LYV
2014-12-31	36	$3.8B	14	1AMT 2MA 3MKL Top holdings2014-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.ENOV 6.DLTR 7.DISCKUSD 8.ROP 9.LYV 10.ORLY
2014-09-30	39	$3.5B	12	1AMT 2MCO 3MKL Top holdings2014-09-30 1.AMT 2.MCO 3.MKL 4.MA 5.ENOV 6.DISCKUSD 7.DLTR 8.ROP 9.LYV 10.DHR
2014-06-30	39	$3.4B	27	1ENOV 2AMT 3MKL Top holdings2014-06-30 1.ENOV 2.AMT 3.MKL 4.MA 5.MCO 6.DISCKUSD 7.DLTR 8.LYV 9.ORLY 10.SBAC
2014-03-31	42	$3.1B	20	1ENOV 2AMT 3MA Top holdings2014-03-31 1.ENOV 2.AMT 3.MA 4.MCO 5.MKL 6.DLTR 7.LYV 8.DISCKUSD 9.V 10.ORLY
2013-12-31	39	$2.7B	23	1MA 2MCO 3ENOV Top holdings2013-12-31 1.MA 2.MCO 3.ENOV 4.AMT 5.MKL 6.DLTR 7.ROST 8.V 9.ORLY 10.AMT
2013-09-30	35	$2.3B	23	1MA 2MCO 3ENOV Top holdings2013-09-30 1.MA 2.MCO 3.ENOV 4.AMT 5.MKL 6.DLTR 7.ROST 8.ORLY 9.25490A 10.V
2013-06-30	37	$2.2B	100	1MA 2MCO 3ENOV Top holdings2013-06-30 1.MA 2.MCO 3.ENOV 4.25490A 5.AMT 6.MKL 7.DLTR 8.ROST 9.ORLY 10.V

Holding changes this quarter

Akre Capital Management LLC's most significant position changes for 2026-03-31: New buy: Salesforce INC (CRM); New buy: Servicenow INC (NOW); Sold out: Danaher CORP (DHR); New buy: Perimeter Solutions INC (PRM); Sold out: Carmax INC (KMX).

Position changes disclosed by Akre Capital Management LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	ROP	Roper Technologies INC	+1.9%	+13.76%	Add
2	FICO	Fair Isaac CORP	+1.2%	+31.11%	Add
3	CPRT	Copart INC	+1%	+1.66%	Add
4	CCC	Ccc Intelligent Solutions Ho	+0.9%	+26.88%	Add
5	SOPH	SOPHiA GENETICS SA	+0.1%	—	Unchanged
6	GSHD	Goosehead Insurance INC -a	0%	+19.48%	Add
7	BRK-B	Berkshire Hathaway Inc-cl B	0%	-13.13%	Trim
8	MA	Mastercard INC - A	-0.2%	-24.10%	Trim
9	CSGP	Costar Group INC	-0.3%	+7.59%	Add
10	AMT	American Tower CORP	-0.4%	-80.11%	Trim
11	MCO	Moody's CORP	-0.9%	-28.19%	Trim
12	ORLY	O'reilly Automotive INC	-0.9%	-42.17%	Trim
13	ABNB	Airbnb Inc-class A	-1%	-41.42%	Trim
14	✓	KKR & Co. Inc.	-1.2%	-17.12%	Trim
15	V	Visa Inc-class A Shares	-2.2%	-38.77%	Trim
16	BN	Brookfield CORP	-2.3%	-36.57%	Trim
17	CRM	Salesforce INC	—	NEW	New buy
18	NOW	Servicenow INC	—	NEW	New buy
19	DHR	Danaher CORP	—	EXIT	Sold out
20	PRM	Perimeter Solutions INC	—	NEW	New buy
21	KMX	Carmax INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-14	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-13	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-13	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-13	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-05-23	Amendment	View on EDGAR
2024-03-31	2024-05-13	13F-HR	View on EDGAR
2023-12-31	2024-02-09	13F-HR	View on EDGAR
2023-09-30	2023-11-13	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-13	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-11	13F-HR	View on EDGAR
2022-03-31	2022-05-13	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-13	13F-HR	View on EDGAR
2021-03-31	2021-07-09	Amendment	View on EDGAR
2021-03-31	2021-05-13	13F-HR	View on EDGAR
2020-12-31	2021-02-10	13F-HR	View on EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-11	13F-HR	View on EDGAR
2020-03-31	2020-05-11	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-13	13F-HR	View on EDGAR
2019-06-30	2019-08-13	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-15	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-15	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-05-09	Amendment	View on EDGAR
2016-12-31	2017-02-13	13F-HR	View on EDGAR
2016-09-30	2016-11-15	13F-HR	View on EDGAR
2016-06-30	2017-08-18	Amendment	View on EDGAR
2016-06-30	2016-08-12	13F-HR	View on EDGAR
2016-03-31	2016-05-13	13F-HR	View on EDGAR
2015-12-31	2016-02-12	13F-HR	View on EDGAR
2015-09-30	2015-11-12	13F-HR	View on EDGAR
2015-06-30	2015-08-14	13F-HR	View on EDGAR
2015-03-31	2017-08-29	Amendment	View on EDGAR
2015-03-31	2015-05-14	13F-HR	View on EDGAR
2014-12-31	2015-02-13	13F-HR	View on EDGAR
2014-09-30	2014-11-13	13F-HR	View on EDGAR
2014-06-30	2014-08-13	13F-HR	View on EDGAR
2014-03-31	2014-05-13	13F-HR	View on EDGAR
2013-12-31	2014-02-14	Amendment	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-13	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR

FAQ

What is Akre Capital Management LLC and what type of investor is it?

Akre Capital Management LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $6.1B, spread across 20 disclosed positions.

What are Akre Capital Management LLC's largest equity positions?

Based on the latest 13F filing, Akre Capital Management LLC's top holdings by market value are: 1. Mastercard INC - A (MA) — $1.1B (18.6%) 2. Brookfield CORP (BN) — $689.1M (11.2%) 3. KKR & Co. Inc. — $621.4M (10.1%) 4. Moody's CORP (MCO) — $543.6M (8.9%) 5. Visa Inc-class A Shares (V) — $495.3M (8.1%)

What changes did Akre Capital Management LLC make in its most recent portfolio filing?

In the latest reported quarter, Akre Capital Management LLC made 20 notable position adjustments: 3 new positions were initiated, 6 existing holdings were added to, 9 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Salesforce INC (CRM); New buy: Servicenow INC (NOW); Sold out: Danaher CORP (DHR); New buy: Perimeter Solutions INC (PRM); Sold out: Carmax INC (KMX)

What sectors does Akre Capital Management LLC focus on?

Akre Capital Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 57.4% • Information Technology: 21.2% • Consumer Discretionary: 10.1% • Real Estate: 7.0% • Industrials: 4.4%

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$30.5B

152 stks

2026-03-31

Concentration19.5

Portfolio Stability24.2

Sector conviction77.6

2 of the top 5 holdings overlap, including Visa Inc-class A Shares

View detail

Bel Air Investment Advisors LLC

CIK 0001078727

Total reported value

$3.3B

385 stks

2021-06-30

Stale — no recent filing

Concentration10.6

Portfolio Stability24.8

Sector conviction53.7

2 of the top 5 holdings overlap, including Moody's CORP

View detail

Akre Capital Management LLC — Full 13F Portfolio Breakdown

CIK: 0001112520

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$6.1B

Reporting period: 2026-03-31 · Number of holdings: 20

AKRE CAPITAL MANAGEMENT LLC disclosed 20 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $6.1B and a quarterly turnover rate of 46.3%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "A"

Personality snowflake

Concentration: 37.86
Portfolio Stability: 46.34
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 38
Sizing Uniformity: 90.82

Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.92), suggesting a disciplined, rules-based approach to how much capital goes into each idea.

Recent moves

Trim BN
-36.6%　-$542.8M
Trim V
-38.8%　-$443.4M
Add ROP
+13.8%　-$47.1M
Trim 48251w104
-17.1%　-$411.9M
Add FICO
+31.1%　-$80.7M
Trim ABNB
-41.4%　-$214.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 19 holdings (of 20 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MA	Mastercard INC - A	Stock-Financials	18.58%	-0.23%	-24.10%
2	BN	Brookfield CORP	Stock-Financials	11.23%	-2.28%	-36.57%
3	✓	KKR & Co. Inc.	Stock-Other	10.13%	-1.20%	-17.12%
4	MCO	Moody's CORP	Stock-Financials	8.86%	-0.86%	-28.19%
5	V	Visa Inc-class A Shares	Stock-Financials	8.07%	-2.22%	-38.77%
6	ROP	Roper Technologies INC	Stock-Tech	7.25%	+1.86%	+13.76%
7	CSGP	Costar Group INC	Stock-Real Estate	6.80%	-0.29%	+7.59%
8	FICO	Fair Isaac CORP	Stock-Tech	6.33%	+1.19%	+31.11%
9	ORLY	O'reilly Automotive INC	Stock-Consumer Disc	5.85%	-0.87%	-42.17%
10	CPRT	Copart INC	Stock-Industrials	4.33%	+0.95%	+1.66%
11	ABNB	Airbnb Inc-class A	Stock-Consumer Disc	4.19%	-0.98%	-41.42%
12	CCC	Ccc Intelligent Solutions Ho	Stock-Tech	3.08%	+0.92%	+26.88%
13	CRM	Salesforce INC	Stock-Tech	2.49%	+2.49%	NEW
14	NOW	Servicenow INC	Stock-Tech	1.87%	+1.87%	NEW
15	GSHD	Goosehead Insurance INC -a	Stock-Other	0.31%	+0.01%	+19.48%
16	SOPH	SOPHiA GENETICS SA	Stock-Other	0.30%	+0.11%	—
17	AMT	American Tower CORP	Stock-Real Estate	0.14%	-0.35%	-80.11%
18	PRM	Perimeter Solutions INC	Stock-Other	0.10%	+0.10%	NEW
19	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.08%	+0.01%	-13.13%

Portfolio Performance

Performance for Q3 2026

+2.3%

Performance Last 4 Quarters

-16.2%

Based on 85% of reported portfolio value with available pricing

Stdev: +17.7%
Beta: +0.9
Alpha: -8.1%
Max Drawdown: -22%
Annualized Perf: +7.3%
Batting Avg vs S&P: +38.9%
Sortino: +0.84
Stutzer: +0.14
Treynor: +0.1
Sterling: +0.33
Calmar: +0.33
Information Ratio: -0.75
Tracking Error: +13.3%
Stdev Down: +10.2%
Winning Months %: +55.6%
Losing Months %: +44.4%
Best 12 Months: +43%
Worst 12 Months: -18.8%
Efficiency Ratio: +0.16
Sharpe: +0.48
Stdev Sectors: +19.5%
Skewness: +0.51
Kurtosis: +0.39
Upside Potential: +2.81

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	20	$6.1B	46	1MA 2BN348251w Top holdings2026-03-31 1.MA 2.BN 3.48251w 4.MCO 5.V 6.ROP 7.CSGP 8.FICO 9.ORLY 10.CPRT
2025-12-31	18	$9.1B	16	1MA 2BN348251w Top holdings2025-12-31 1.MA 2.BN 3.48251w 4.V 5.MCO 6.CSGP 7.ORLY 8.ROP 9.ABNB 10.FICO
2025-09-30	19	$10.0B	27	1MA 2BN348251w Top holdings2025-09-30 1.MA 2.BN 3.48251w 4.V 5.MCO 6.ORLY 7.CSGP 8.ROP 9.ABNB 10.FICO
2025-06-30	19	$10.2B	0	1MA 2BN348251w Top holdings2025-06-30 1.MA 2.BN 3.48251w 4.MCO 5.V 6.ORLY 7.ROP 8.CSGP 9.ABNB 10.DHR
2025-03-31	18	$10.4B	100	1MA 2ORLY 3MCO Top holdings2025-03-31 1.MA 2.ORLY 3.MCO 4.V 5.48251w 6.BN 7.ROP 8.CSGP 9.AMT 10.DHR
2024-12-31	18	$11.6B	0	1MA248251w3MCO Top holdings2024-12-31 1.MA 2.48251w 3.MCO 4.BN 5.ORLY 6.V 7.AMT 8.ROP 9.CSGP 10.DHR
2024-09-30	18	$12.0B	0	1MA 2MCO348251w Top holdings2024-09-30 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.BN 7.V 8.ROP 9.CSGP 10.DHR
2024-06-30	19	$11.4B	0	1MA 2MCO348251w Top holdings2024-06-30 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.ROP 7.V 8.BN 9.CSGP 10.DHR
2024-03-31	21	$12.1B	0	1MA 2MCO348251w Top holdings2024-03-31 1.MA 2.MCO 3.48251w 4.AMT 5.ORLY 6.V 7.ROP 8.BN 9.CSGP 10.DHR
2023-12-31	18	$11.9B	0	1MA 2MCO 3AMT Top holdings2023-12-31 1.MA 2.MCO 3.AMT 4.48251w 5.ORLY 6.V 7.ROP 8.BN 9.CSGP 10.DHR
2023-09-30	18	$11.5B	0	1MA 2MCO 3AMT Top holdings2023-09-30 1.MA 2.MCO 3.AMT 4.V 5.48251w 6.ORLY 7.ROP 8.BN 9.CSGP 10.DHR
2023-06-30	19	$12.0B	0	1MA 2MCO 3AMT Top holdings2023-06-30 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.CSGP 9.BN 10.ADBE
2023-03-31	20	$11.4B	0	1MA 2MCO 3AMT Top holdings2023-03-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.BN 9.CSGP 10.ADBE
2022-12-31	21	$11.1B	0	1MA 2MCO 3AMT Top holdings2022-12-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.ROP 7.48251w 8.CSGP 9.BN 10.DHR
2022-09-30	22	$11.3B	0	1MA 2AMT 3MCO Top holdings2022-09-30 1.MA 2.AMT 3.MCO 4.ORLY 5.V 6.48251w 7.ROP 8.BAM 9.CSGP 10.KMX
2022-06-30	23	$12.5B	0	1MA 2AMT 3MCO Top holdings2022-06-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.48251w 7.KMX 8.ROP 9.ADBE 10.BAM
2022-03-31	22	$14.7B	0	1MA 2MCO 3AMT Top holdings2022-03-31 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.48251w 7.ROP 8.BAM 9.ADBE 10.KMX
2021-12-31	24	$17.9B	0	1AMT 2MA 3MCO Top holdings2021-12-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.48251w 7.KMX 8.ADBE 9.ROP 10.BAM
2021-09-30	25	$16.2B	0	1MA 2MCO 3AMT Top holdings2021-09-30 1.MA 2.MCO 3.AMT 4.V 5.ORLY 6.KMX 7.48251w 8.ADBE 9.CSGP 10.CRM
2021-06-30	25	$16.2B	—	1MA 2MCO 3AMT Top holdings2021-06-30 1.MA 2.MCO 3.AMT 4.V 5.KMX 6.ADBE 7.ORLY 8.48251w 9.CSGP 10.ROP
2021-03-31	24	$14.7B	100	1MA 2MCO 3AMT Top holdings2021-03-31 1.MA 2.MCO 3.AMT 4.V 5.KMX 6.CSGP 7.ORLY 8.ADBE 9.48251w 10.ROP
2020-12-31	28	$14.8B	9	1MA 2MCO 3AMT Top holdings2020-12-31 1.MA 2.MCO 3.AMT 4.V 5.CSGP 6.ORLY 7.ROP 8.KMX 9.SBAC 10.KKR
2020-09-30	28	$14.2B	9	1MA 2AMT 3MCO Top holdings2020-09-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.CSGP 7.SBAC 8.ROP 9.KMX 10.ADBE
2020-06-30	28	$13.3B	25	1AMT 2MA 3MCO Top holdings2020-06-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.SBAC 7.KMX 8.CSGP 9.ROP 10.ADBE
2020-03-31	28	$10.3B	23	1AMT 2MA 3MCO Top holdings2020-03-31 1.AMT 2.MA 3.MCO 4.V 5.SBAC 6.ORLY 7.ROP 8.MKL 9.KMX 10.ADBE
2019-12-31	25	$10.9B	10	1AMT 2MA 3MCO Top holdings2019-12-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.SBAC 7.KMX 8.MKL 9.ROP 10.DLTR
2019-09-30	25	$10.1B	24	1AMT 2MA 3MCO Top holdings2019-09-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.MKL 7.SBAC 8.DLTR 9.ROP 10.KMX
2019-06-30	24	$9.9B	11	1AMT 2MA 3MCO Top holdings2019-06-30 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.ROP 7.MKL 8.SBAC 9.DLTR 10.KMX
2019-03-31	25	$9.5B	20	1AMT 2MA 3MCO Top holdings2019-03-31 1.AMT 2.MA 3.MCO 4.V 5.ORLY 6.ROP 7.DLTR 8.MKL 9.SBAC 10.KMX
2018-12-31	25	$7.9B	12	1AMT 2MA 3MCO Top holdings2018-12-31 1.AMT 2.MA 3.MCO 4.ORLY 5.V 6.MKL 7.DLTR 8.ROP 9.SBAC 10.KMX
2018-09-30	24	$8.6B	10	1MA 2AMT 3MCO Top holdings2018-09-30 1.MA 2.AMT 3.MCO 4.V 5.ORLY 6.MKL 7.ROP 8.DLTR 9.SBAC 10.KMX
2018-06-30	23	$7.9B	14	1MA 2AMT 3MCO Top holdings2018-06-30 1.MA 2.AMT 3.MCO 4.V 5.MKL 6.ORLY 7.ROP 8.DLTR 9.SBAC 10.KMX
2018-03-31	24	$7.6B	9	1AMT 2MA 3MCO Top holdings2018-03-31 1.AMT 2.MA 3.MCO 4.MKL 5.V 6.ORLY 7.DLTR 8.ROP 9.SBAC 10.KMX
2017-12-31	24	$7.2B	11	1AMT 2MCO 3MA Top holdings2017-12-31 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ORLY 8.ROP 9.SBAC 10.KMX
2017-09-30	26	$6.8B	12	1AMT 2MCO 3MA Top holdings2017-09-30 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ORLY 8.KMX 9.ROP 10.SBAC
2017-06-30	28	$6.2B	13	1AMT 2MCO 3MA Top holdings2017-06-30 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.ROP 7.DLTR 8.SBAC 9.KMX 10.ESGRP
2017-03-31	31	$6.1B	15	1AMT 2MCO 3MA Top holdings2017-03-31 1.AMT 2.MCO 3.MA 4.MKL 5.V 6.DLTR 7.ROP 8.KMX 9.SBAC 10.ESGRP
2016-12-31	34	$5.5B	8	1AMT 2MA 3MKL Top holdings2016-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.KMX 6.DLTR 7.ESGRP 8.ROP 9.V 10.SBAC
2016-09-30	33	$5.2B	10	1AMT 2MA 3MKL Top holdings2016-09-30 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.V 7.ROP 8.KMX 9.ESGRP 10.ORLY
2016-06-30	33	$5.0B	10	1AMT 2MKL 3MA Top holdings2016-06-30 1.AMT 2.MKL 3.MA 4.DLTR 5.MCO 6.V 7.ROP 8.KMX 9.ESGRP 10.ORLY
2016-03-31	34	$4.7B	7	1AMT 2MKL 3MA Top holdings2016-03-31 1.AMT 2.MKL 3.MA 4.MCO 5.DLTR 6.ROP 7.ESGRP 8.ORLY 9.KMX 10.ENOV
2015-12-31	34	$4.5B	15	1AMT 2MA 3MKL Top holdings2015-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.ROP 7.ORLY 8.VRSK 9.SBAC 10.KMX
2015-09-30	35	$4.3B	12	1AMT 2MA 3MKL Top holdings2015-09-30 1.AMT 2.MA 3.MKL 4.MCO 5.DLTR 6.ROP 7.ENOV 8.ORLY 9.KMX 10.V
2015-06-30	37	$4.2B	16	1AMT 2MKL 3MA Top holdings2015-06-30 1.AMT 2.MKL 3.MA 4.MCO 5.DLTR 6.ENOV 7.ROP 8.ORLY 9.LYV 10.V
2015-03-31	35	$3.9B	8	1MKL 2AMT 3MA Top holdings2015-03-31 1.MKL 2.AMT 3.MA 4.MCO 5.DLTR 6.ENOV 7.ROP 8.DISCKUSD 9.ORLY 10.LYV
2014-12-31	36	$3.8B	14	1AMT 2MA 3MKL Top holdings2014-12-31 1.AMT 2.MA 3.MKL 4.MCO 5.ENOV 6.DLTR 7.DISCKUSD 8.ROP 9.LYV 10.ORLY
2014-09-30	39	$3.5B	12	1AMT 2MCO 3MKL Top holdings2014-09-30 1.AMT 2.MCO 3.MKL 4.MA 5.ENOV 6.DISCKUSD 7.DLTR 8.ROP 9.LYV 10.DHR
2014-06-30	39	$3.4B	27	1ENOV 2AMT 3MKL Top holdings2014-06-30 1.ENOV 2.AMT 3.MKL 4.MA 5.MCO 6.DISCKUSD 7.DLTR 8.LYV 9.ORLY 10.SBAC
2014-03-31	42	$3.1B	20	1ENOV 2AMT 3MA Top holdings2014-03-31 1.ENOV 2.AMT 3.MA 4.MCO 5.MKL 6.DLTR 7.LYV 8.DISCKUSD 9.V 10.ORLY
2013-12-31	39	$2.7B	23	1MA 2MCO 3ENOV Top holdings2013-12-31 1.MA 2.MCO 3.ENOV 4.AMT 5.MKL 6.DLTR 7.ROST 8.V 9.ORLY 10.AMT
2013-09-30	35	$2.3B	23	1MA 2MCO 3ENOV Top holdings2013-09-30 1.MA 2.MCO 3.ENOV 4.AMT 5.MKL 6.DLTR 7.ROST 8.ORLY 9.25490A 10.V
2013-06-30	37	$2.2B	100	1MA 2MCO 3ENOV Top holdings2013-06-30 1.MA 2.MCO 3.ENOV 4.25490A 5.AMT 6.MKL 7.DLTR 8.ROST 9.ORLY 10.V

Holding changes this quarter

Position changes disclosed by Akre Capital Management LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	ROP	Roper Technologies INC	+1.9%	+13.76%	Add
2	FICO	Fair Isaac CORP	+1.2%	+31.11%	Add
3	CPRT	Copart INC	+1%	+1.66%	Add
4	CCC	Ccc Intelligent Solutions Ho	+0.9%	+26.88%	Add
5	SOPH	SOPHiA GENETICS SA	+0.1%	—	Unchanged
6	GSHD	Goosehead Insurance INC -a	0%	+19.48%	Add
7	BRK-B	Berkshire Hathaway Inc-cl B	0%	-13.13%	Trim
8	MA	Mastercard INC - A	-0.2%	-24.10%	Trim
9	CSGP	Costar Group INC	-0.3%	+7.59%	Add
10	AMT	American Tower CORP	-0.4%	-80.11%	Trim
11	MCO	Moody's CORP	-0.9%	-28.19%	Trim
12	ORLY	O'reilly Automotive INC	-0.9%	-42.17%	Trim
13	ABNB	Airbnb Inc-class A	-1%	-41.42%	Trim
14	✓	KKR & Co. Inc.	-1.2%	-17.12%	Trim
15	V	Visa Inc-class A Shares	-2.2%	-38.77%	Trim
16	BN	Brookfield CORP	-2.3%	-36.57%	Trim
17	CRM	Salesforce INC	—	NEW	New buy
18	NOW	Servicenow INC	—	NEW	New buy
19	DHR	Danaher CORP	—	EXIT	Sold out
20	PRM	Perimeter Solutions INC	—	NEW	New buy
21	KMX	Carmax INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-14	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-13	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-13	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-13	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-05-23	Amendment	View on EDGAR
2024-03-31	2024-05-13	13F-HR	View on EDGAR
2023-12-31	2024-02-09	13F-HR	View on EDGAR
2023-09-30	2023-11-13	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-13	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-11	13F-HR	View on EDGAR
2022-03-31	2022-05-13	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-13	13F-HR	View on EDGAR
2021-03-31	2021-07-09	Amendment	View on EDGAR
2021-03-31	2021-05-13	13F-HR	View on EDGAR
2020-12-31	2021-02-10	13F-HR	View on EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-11	13F-HR	View on EDGAR
2020-03-31	2020-05-11	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-13	13F-HR	View on EDGAR
2019-06-30	2019-08-13	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-15	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-15	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-05-09	Amendment	View on EDGAR
2016-12-31	2017-02-13	13F-HR	View on EDGAR
2016-09-30	2016-11-15	13F-HR	View on EDGAR
2016-06-30	2017-08-18	Amendment	View on EDGAR
2016-06-30	2016-08-12	13F-HR	View on EDGAR
2016-03-31	2016-05-13	13F-HR	View on EDGAR
2015-12-31	2016-02-12	13F-HR	View on EDGAR
2015-09-30	2015-11-12	13F-HR	View on EDGAR
2015-06-30	2015-08-14	13F-HR	View on EDGAR
2015-03-31	2017-08-29	Amendment	View on EDGAR
2015-03-31	2015-05-14	13F-HR	View on EDGAR
2014-12-31	2015-02-13	13F-HR	View on EDGAR
2014-09-30	2014-11-13	13F-HR	View on EDGAR
2014-06-30	2014-08-13	13F-HR	View on EDGAR
2014-03-31	2014-05-13	13F-HR	View on EDGAR
2013-12-31	2014-02-14	Amendment	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-13	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR