13F filing recap · Q1 2017

What did Akre Capital Management buy in Q1 2017?

Reported stock-position changes between this filing and the previous one.

Stock value

$6.08B

Positions

Estimated turnover

5.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Increased positions

MCOMoody’s Corporation$636.37Mreported value+1.02M shares+21.9%MAMastercard Inc$599.37Mreported value+627.8K shares+13.4%VVisa Inc.$434.49Mreported value+1.27M shares+35.0%DLTRDollar Tree, Inc.$329.21Mreported value+9.2K shares+0.2%ROPRoper Technologies Inc$322.62Mreported value+2.9K shares+0.2%ORLYO Reilly Automotive Inc$222.62Mreported value+1.1K shares+0.1%VRSKVerisk Analytics, Inc.$210.19Mreported value+5.9K shares+0.2%MNROMonro, Inc.$83.24Mreported value+75.0K shares+4.9%BRK.BBerkshire Hathaway Inc$64.05Mreported value+360 shares+0.1%

Reduced positions

AMTAmerican Tower Corp /ma/$814.21Mreported value-2.4K shares-0.0%MKLMarkel Group Inc.$501.51Mreported value-25 shares-0.0%ESGREnstar Group Limited$276.67Mreported value-1.5K shares-0.1%CFXEnovis Corp$184.42Mreported value-2.7K shares

Exited positions

DLTHDuluth Holdings Inc.$8.93Mprior reported value-351.4K shares-100.0%AIG WSAmerican International Group, Inc.$2.48Mprior reported value-105.7K shares-100.0%DISWalt Disney Co/$406.0Kprior reported value-3.9K shares-100.0%