13F filing recap · Q2 2025

What did Akre Capital Management buy in Q2 2025?

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

Stock value

$10.21B

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 opened new positions in Copart and Fair Isaac, while exiting Digitalbridge Group entirely. The firm dramatically increased its stake in O’Reilly Automotive and substantially added to Sophia Genetics, while substantially trimming American Tower. It also moderately increased holdings in Airbnb and CCC Intelligent Solutions, and moderately reduced CarMax and Verisk Analytics.

New positions

CPRTCopart, Inc.$58.88Mreported value+1.20M shares FICOFair Isaac Corp$16.72Mreported value+9.1K shares

Increased positions

BNBrookfield Corporation$1.19Breported value+125.3K shares+0.7%ORLYO Reilly Automotive Inc$848.19Mreported value+8.55M shares+989.3%ABNBAirbnb, Inc.$459.65Mreported value+555.5K shares+19.0%CCCCcc Intelligent Solutions Holdings Inc.$138.99Mreported value+1.58M shares

Reduced positions

MAMastercard Inc$1.85Breported value-35.8K shares-1.1%MCOMoody’s Corporation$1.16Breported value-130.0K shares-5.3%ROPRoper Technologies Inc$815.95Mreported value-9.7K shares-0.7%CSGPCostar Group, Inc.$748.46Mreported value-4.4K shares

Exited positions

DBRGDigitalbridge Group, Inc.$1.45Mprior reported value-164.7K shares-100.0%