13F filing recap · Q1 2025

What did Akre Capital Management buy in Q1 2025?

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

Stock value

$10.40B

Positions

Estimated turnover

13.7%

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.

Quarter in review

Akre Capital Management trimmed Mastercard, Moody’s, and Kkr & Co. during the quarter, while also reducing American Tower, Carmax, and Digitalbridge Group substantially. It added to Airbnb and Ccc Intelligent Solutions Holdings, and made a slight increase to Brookfield Corporation. Other modest reductions included O Reilly Automotive, Visa, Roper Technologies, Costar Group, Berkshire Hathaway, and Verisk Analytics.

Increased positions

BNBrookfield Corporation$1.00Breported value+124.8K shares+0.7%ABNBAirbnb, Inc.$348.55Mreported value+268.3K shares+10.1%CCCCcc Intelligent Solutions Holdings Inc.$119.11Mreported value+2.51M shares+23.5%

Reduced positions

MAMastercard Inc$1.83Breported value-372.7K shares-10.1%ORLYO Reilly Automotive Inc$1.24Breported value-31.4K shares-3.5%MCOMoody’s Corporation$1.13Breported value-643.5K shares-20.9%VVisa Inc.$1.11Breported value-96.5K shares