Insights from Akre Capital Management (Trades, Portfolio)'s Latest 13F Filing

Akre Capital Management (Trades, Portfolio) recently submitted its 13F filing for the first quarter of 2025, revealing strategic investment adjustments. Founded in 1989, Akre Capital Management (Trades, Portfolio), LLC, is an asset management firm based in Middleburg, Virginia. The firm manages private funds, the Akre Focus Fund, and separately managed account assets. John Neff, CEO and CIO, has been at the helm of the Akre Focus Fund since 2014. With a background in equity research and a strong educational foundation, Neff leads the firm with a focus on investing in extraordinary businesses with talented management. Akre Capital Management (Trades, Portfolio)'s investment philosophy, known as the "three-legged stool," aims to compound investors' capital at above-average rates while minimizing risk. Neff collaborates with Andrew Millette and Trey Tickner on investment decisions.American Tower Corp Sees Significant Reduction in Akre Capital Management's Portfolio

Key Position Increases

Akre Capital Management (Trades, Portfolio) increased its stakes in three stocks during the quarter. The most notable increase was in Airbnb Inc (NASDAQ:ABNB), with an additional 268,335 shares, bringing the total to 2,917,733 shares. This adjustment represents a significant 10.13% increase in share count, impacting the portfolio by 0.31%, with a total value of $348,552,380. The second largest increase was in CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS), with an additional 2,508,986 shares, bringing the total to 13,190,384. This adjustment represents a 23.49% increase in share count, with a total value of $119,109,170.

Key Position Reductions

Akre Capital Management (Trades, Portfolio) reduced its position in 11 stocks, with the most significant changes including:

American Tower Corp (NYSE:AMT) was reduced by 2,914,221 shares, resulting in a -52.95% decrease in shares and a -4.62% impact on the portfolio. The stock traded at an average price of $196.17 during the quarter and has returned 8.53% over the past 3 months and 12.42% year-to-date. Moody's Corp (NYSE:MCO) was reduced by 643,469 shares, resulting in a -20.9% reduction in shares and a -2.64% impact on the portfolio. The stock traded at an average price of $481.85 during the quarter and has returned -7.40% over the past 3 months and 3.18% year-to-date.

Portfolio Overview

As of the first quarter of 2025, Akre Capital Management (Trades, Portfolio)'s portfolio included 18 stocks. The top holdings were 17.56% in Mastercard Inc (NYSE:MA), 11.9% in O'Reilly Automotive Inc (NASDAQ:ORLY), 10.9% in Moody's Corp (NYSE:MCO), 10.7% in Visa Inc (NYSE:V), and 9.83% in KKR & Co Inc (NYSE:KKR). The holdings are primarily concentrated in six of the 11 industries: Financial Services, Consumer Cyclical, Real Estate, Technology, Healthcare, and Industrials.

Story Continues

American Tower Corp Sees Significant Reduction in Akre Capital Management's PortfolioAmerican Tower Corp Sees Significant Reduction in Akre Capital Management's Portfolio

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