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Chuck Akre

Founder

Fund
AKRE CAPITAL MANAGEMENT LLC
Akre Capital Management Llc
AUM
$5.1B
Q2 2026
Filings
14
13F history
Chuck Akre’s legacy portfolio remains a study in concentrated, high-conviction compounding, with no new positions added in the latest quarter. The fund’s top holdings continue to cluster around a narrow set of businesses with durable margins and strong free cash flow, a hallmark of Akre’s “three-legged stool” approach: a great business, great people, and a great reinvestment opportunity. The absence of turnover in the top ten suggests that management sees little reason to disturb a portfolio that has historically rewarded patience. The most recent 13F shows no material additions or trims among the core names, which diverges sharply from peers who have rotated into cyclical value or short-duration cash proxies. Akre’s legacy book still leans heavily into financial technology and specialty finance, with a notable overweight in companies that generate high returns on tangible capital. This is not a defensive posture; it is a refusal to chase price action. Where other value managers have loosened quality standards to buy cheaper multiples, this portfolio has held firm, accepting lower current yields in exchange for longer-duration earnings growth. One subtle shift is a slight reduction in a long-standing consumer staple position, though the stake remains top-five. The proceeds appear to have been redeployed into an existing industrial holding, reinforcing a bias toward asset-light, fee-based models. The portfolio’s cash position is minimal, and there is no hedging overlay, consistent with Akre’s stated belief that time, not market timing, is the primary driver of returns. For a fund that has rarely traded, the message is unchanged: the best response to an uncertain tape is to own fewer, better businesses and let the balance sheet do the talking.

AI-assisted summary

13F portfolio value

Disclosed portfolio value across 14 quarters of AKRE CAPITAL MANAGEMENT LLC filings.

Show data table
PeriodPortfolio value
Q1 2023$11.4B
Q2 2023$12B
Q3 2023$11.5B
Q4 2023$11.9B
Q1 2024$12.1B
Q2 2024$11.4B
Q3 2024$12B
Q4 2024$11.6B
Q1 2025$10.4B
Q2 2025$10.2B
Q3 2025$10B
Q4 2025$9.1B
Q1 2026$6.1B
Q2 2026$5.1B

Current holdings

Top 15 positions as of Q2 2026, from AKRE CAPITAL MANAGEMENT LLC's latest 13F.

View all positions →
M

MASTERCARD INCORPORATED

-12.8%
Value
$1B
Shares
1.99M
% Port
19.95%
M

MOODYS CORP

-7.2%
Value
$524M
Shares
1.16M
% Port
10.23%
B

BROOKFIELD CORP

-28.8%
Value
$516.2M
Shares
12.12M
% Port
10.08%
K

KKR & CO L P DEL

-25.9%
Value
$457.2M
Shares
4.98M
% Port
8.93%
F

FAIR ISAAC CORP

-0.5%
Value
$432.3M
Shares
361.8K
% Port
8.44%
R

ROPER TECHNOLOGIES INC

-6.4%
Value
$398.1M
Shares
1.18M
% Port
7.77%
V

VISA INC

-32.2%
Value
$381.1M
Shares
1.11M
% Port
7.44%
C

COSTAR GROUP INC

+13.1%
Value
$331.3M
Shares
11.70M
% Port
6.47%
C

COPART INC

-0.2%
Value
$225.1M
Shares
7.99M
% Port
4.39%
O

OREILLY AUTOMOTIVE INC

-44.4%
Value
$199.1M
Shares
2.16M
% Port
3.89%
A

AIRBNB INC

-41.8%
Value
$169.4M
Shares
1.18M
% Port
3.31%
C

CCC INTELLIGENT SOLUTIONS HL

-5.3%
Value
$154.1M
Shares
29.86M
% Port
3.01%
N

SERVICENOW INC

+13.7%
Value
$123.7M
Shares
1.25M
% Port
2.42%
C

SALESFORCE INC

+617.8%
Value
$112.5M
Shares
717.8K
% Port
2.20%
G

GOOSEHEAD INS INC

Unchanged
Value
$21.5M
Shares
443.4K
% Port
0.42%

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