13F filing recap · Q4 2019

What did Akre Capital Management buy in Q4 2019?

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

Stock value

$10.91B

Positions

Estimated turnover

2.9%

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.

New positions

CSGPCostar Group, Inc.$149.57Mreported value+250.0K shares ANSSAnsys Inc$42.15Mreported value+163.7K shares

Increased positions

KMXCarmax, Inc.$591.57Mreported value+462.3K shares+7.4%BAMBrookfield Corporation$361.25Mreported value+925.8K shares+17.4%ALRMAlarm.com Holdings, Inc.$69.07Mreported value+239.7K shares+17.5%PRMWPrimo Water Corporation$36.17Mreported value+165.1K shares

Reduced positions

AMTAmerican Tower Corp /ma/$1.65Breported value-280 shares-0.0%MAMastercard Inc$1.59Breported value-295 shares-0.0%MCOMoody’s Corporation$1.35Breported value-160 shares-0.0%ORLYO Reilly Automotive Inc$826.96Mreported value-148 shares

Exited positions

ESGREnstar Group Limited$549.0Kprior reported value-2.9K shares-100.0%BOCBoston Omaha Corporation$426.0Kprior reported value-21.5K shares-100.0%