13F filing recap · Q3 2023

What did Akre Capital Management buy in Q3 2023?

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

Stock value

$10.89B

Positions

Estimated turnover

7.5%

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

AMTAmerican Tower Corp /ma/$1.11Breported value+23.3K shares+0.3%KKRKkr & Co. Inc.$1.04Breported value+1.68M shares+11.0%CSGPCostar Group, Inc.$557.39Mreported value+137.8K shares+1.9%

Reduced positions

MAMastercard Inc$2.32Breported value-18.7K shares-0.3%MCOMoody’s Corporation$1.61Breported value-186.6K shares-3.5%VVisa Inc.$1.10Breported value-121.2K shares-2.5%ORLYO Reilly Automotive Inc$959.28Mreported value-58.3K shares

Exited positions

ADBEAdobe Inc.$520.32Mprior reported value-1.06M shares-100.0%