中文
Value GiantsValue investors’ 13F holdings, as a whole
Q2 2026 13FData as of Aug 18, 2026
Quality value

Chuck Akre

Q2 2026 13F: 19 holdings worth about $5.1B; that quarter 0 new, 2 added, 12 trimmed, 0 sold out.

Firm: Akre Capital Management LLC
Filer: AKRE CAPITAL MANAGEMENT LLC CIK 1112520
Last filed: Aug 14, 2026 | Quality value | Counted in this quarter’s totals

13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.

Why This Giant Is Included

  • Rule numbers (Q2 2026): 19 holdings, top 10 = 88%, stocks $5.1B, options 0%; all four rules met
  • Source for the value approach: Our Investment Philosophy | Akre Capital Management (Akre Capital Management, LLC): “what we look for in an investment: (1) extraordinary business, (2) talented management and (3) great reinvestment opportunities and histories” (checked 2026-10-11)

Full selection rules →

13F value
$5.1B
previous $6.1B (−16.5%)
Holdings
19
0 new / 0 sold out
Net deploymentest.
−16.0%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
88%
overlap with the composite 8%
Turnoverest.
1.1%
held 31 quarters on average
I

Trades in Q2 2026

Sorted by position shift: how many percentage points of the portfolio the trade moved.

How to Read This

Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.

MoveCompanyChange in sharesChange %Position shift (pts)Start → end priceEst. trade price
TrimmedBNBrookfield Corp−4.91M−29%−4.09$40.47 → $42.59$41.53
TrimmedVVisa Inc−527.9K−32%−3.55$302.24 → $343.09$322.66
TrimmedKKRKKR & Co Inc−1.74M−26%−3.12$92.50 → $91.78$92.14
TrimmedORLYO’Reilly Automotive Inc−1.72M−44%−3.11$92.31 → $92.09$92.20
TrimmedMAMastercard Inc−291.2K−13%−2.93$499.66 → $513.60$506.63
TrimmedABNBAirbnb, Inc−850.7K−42%−2.38$126.28 → $143.10$134.69
TrimmedMCOMoody’s Corp−89.2K−7%−0.79$436.25 → $452.92$444.59
AddedCSGPCoStar Group Inc+1.35M+13%+0.75$40.34 → $28.32$34.33
TrimmedROPRoper Technologies Inc−80.7K−6%−0.53$353.86 → $338.39$346.12
AddedNOWServiceNow, Inc+150.0K+14%+0.29$104.55 → $99.28$101.91
TrimmedCCCCCC Intelligent Solutions−1.65M−5%−0.17$6.00 → $5.16$5.58
TrimmedAMTAmerican Tower Corp−21.5K−42%−0.07$172.58 → $163.57$168.08
TrimmedFICOFair Isaac Corp−1.9K−1%−0.05$1,068 → $1,195$1,131
TrimmedBRK.BBerkshire Hathaway Inc−2.2K−21%−0.02$479.20 → $500.39$489.79
II

All Holdings (19 Companies)

Share classes of one company are combined; click a heading to re-sort.

How to Read This

Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.

CompanySectorWeight (prev.)SharesValueThis quarterFirst boughtQuarters heldEst. avg costQuarter-end pricevs costHistory
MAMastercard IncFinancials20.0%18.6%1.99M$1.0BTrimmed −13%Q1 201066$71.10est.$513.60+622%History
MCOMoody’s CorpFinancials10.3%8.9%1.16M$524.0MTrimmed −7%Q1 201258$71.13est.$452.92+537%History
BNBrookfield CorpFinancials10.1%11.3%12.12M$516.2MTrimmed −29%Q3 201928$23.51est.$42.59+81%
KKRKKR & Co IncFinancials9.0%10.2%4.98M$457.2MTrimmed −26%Q2 201833$29.41est.$91.78+212%History
FICOFair Isaac CorpInformation technology8.5%6.3%361.8K$432.3MTrimmed −1%Q2 20255$1,596est.$1,195−25%History
ROPRoper Technologies IncInformation technology7.8%7.3%1.18M$398.1MTrimmed −6%Q1 201450$215.36est.$338.39+57%History
VVisa IncFinancials7.5%8.1%1.11M$381.1MTrimmed −32%Q1 201258$66.34est.$343.09+417%History
CSGPCoStar Group IncIndustrials6.5%6.8%11.70M$331.3MAdded +13%Q4 201927$63.03est.$28.32−55%History
CPRTCopart IncConsumer discretionary4.4%4.3%7.99M$225.1MHeldQ2 20255$45.46est.$28.19−38%History
ORLYO’Reilly Automotive IncConsumer discretionary3.9%5.9%2.16M$199.1MTrimmed −44%Q1 201162$10.63est.$92.09+767%History
ABNBAirbnb, IncIndustrials3.3%4.2%1.18M$169.4MTrimmed −42%Q2 20249$141.16est.$143.10+1%History
CCCCCC Intelligent SolutionsInformation technology3.0%3.1%29.86M$154.1MTrimmed −5%Q1 202410$9.49est.$5.16−46%History
NOWServiceNow, IncInformation technology2.4%1.9%1.25M$123.7MAdded +14%Q1 20262$125.63est.$99.28−21%History
CRMSalesforce, IncInformation technology2.2%2.2%717.8K$112.5MHeldQ1 20262$225.79est.$156.66−31%History
GSHDGoosehead Insurance, IncFinancials0.4%0.3%443.4K$21.5MHeldQ4 201831$61.13est.$48.50−21%History
SOPHSophia Genetics SAInformation technology0.4%0.3%3.72M$21.5MHeldQ1 202410$4.10est.$5.77+41%History
PRMPerimeter Solutions, IncMaterials0.2%0.1%250.0K$8.9MHeldQ1 20262$25.98est.$35.65+37%History
AMTAmerican Tower CorpReal estate0.1%0.1%29.3K$4.8MTrimmed −42%Q1 201258$87.49est.$163.57+87%History
BRK.BBerkshire Hathaway IncFinancials0.1%0.1%8.2K$4.1MTrimmed −21%Q1 201066$105.28est.$500.39+375%History
III

Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost

How to Read This

Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.

above costbelow costwithin 5%
Portfolio MapMAMastercard IncMCOMoody’s CorpBNBrookfield CorpKKRKKR & Co IncFICOFair Isaac CorpROPRoper Technologies IncVVisa IncCSGPCoStar Group IncCPRTCopart IncORLYO’Reilly Automot…ABNBAirbnb, IncCCCCCC Intel…NOWServiceNow, IncCRMSalesforce, Inc
IV

Over Time

From Q4 2000, 103 quarters (this giant’s electronic 13F filings).

13F Value

13F Value$0$5.0B$10.0B$15.0BQ4 2000Q3 2003Q2 2006Q1 2009Q4 2011Q3 2014Q2 2017Q1 2020Q4 2022Q2 2026

Holdings

Holdings0204060Q4 2000Q3 2003Q2 2006Q1 2009Q4 2011Q3 2014Q2 2017Q1 2020Q4 2022Q2 2026

Top-10 Concentration

Top-10 Concentration0%25%50%75%100%Q4 2000Q3 2003Q2 2006Q1 2009Q4 2011Q3 2014Q2 2017Q1 2020Q4 2022Q2 2026

Turnover (Est.)

Turnover0%20%40%Q4 2000Q3 2003Q2 2006Q1 2009Q4 2011Q3 2014Q2 2017Q1 2020Q4 2022Q2 2026

Sector Mix

Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
Sector Mix0%25%50%75%100%Q4 2000Q3 2003Q2 2006Q1 2009Q4 2011Q3 2014Q2 2017Q1 2020Q4 2022Q2 2026
V

Quarter by Quarter, with the Original Filings

* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.

Show 103 Quarters
QuarterHoldingsNewSold out13F valueTurnoverNet deploymentSEC
Q2 20261900$5.1B1.1%−16.0%13F-HR
Q1 20261932$6.1B7.7%−16.0%13F-HR
Q4 20251801$9.1B2.9%−6.9%13F-HR
Q3 20251900$10.0B5.7%−1.8%13F-HR
Q2 20251921$10.2B1.7%−5.9%13F-HR
Q1 20251800$10.4B0.6%−11.6%13F-HR
Q4 20241800$11.6B0.2%−4.8%13F-HR
Q3 20241801$12.0B2.6%−6.1%13F-HR
Q2 20241913$11.4B3.3%−2.7%13F-HR
Q1 20242130$12.1B1.7%−5.7%13F-HR 13F-HR/A
Q4 20231810$11.9B0.4%−7.0%13F-HR
Q3 20231701$10.9B1.0%−5.3%13F-HR
Q2 20231800$12.0B0.0%−2.9%13F-HR
Q1 20231801$11.4B0.2%−1.2%13F-HR
Q4 20221912$11.1B2.6%−11.3%13F-HR
Q3 20222012$11.3B0.5%−0.7%13F-HR
Q2 20222111$12.5B2.6%−0.2%13F-HR
Q1 20222101$14.4B0.4%−5.7%13F-HR
Q4 20212201$17.2B0.1%−1.6%13F-HR
Q3 20212302$16.2B0.0%−0.1%13F-HR
Q2 20212532$16.2B4.4%+0.4%13F-HR
Q1 20212415$14.7B1.4%−3.8%13F-HR 13F-HR/A
Q4 20202800$14.8B0.2%−1.1%13F-HR
Q3 20202811$14.2B0.7%+0.6%13F-HR
Q2 20202800$13.3B0.1%+4.3%13F-HR
Q1 20202841$10.3B2.2%+10.3%13F-HR
Q4 20192522$10.9B0.0%+2.9%13F-HR
Q3 20192554$10.1B9.1%−1.2%13F-HR
Q2 20192401$9.9B0.1%−2.4%13F-HR
Q1 20192500$9.5B0.5%−0.4%13F-HR
Q4 20182510$7.9B0.6%+0.9%13F-HR
Q3 20182410$8.6B0.4%+1.3%13F-HR
Q2 20182312$7.9B3.3%+0.4%13F-HR
Q1 20182411$7.6B0.6%+1.3%13F-HR
Q4 20172402$7.2B0.1%−1.2%13F-HR
Q3 20172602$6.8B1.2%+1.2%13F-HR
Q2 20172814$6.2B2.7%−3.1%13F-HR
Q1 20173103$6.1B0.3%+4.9%13F-HR
Q4 20163421$5.5B0.9%+4.9%13F-HR 13F-HR/A
Q3 20163311$5.2B0.2%+0.8%13F-HR
Q2 20163301$5.0B0.9%+2.7%13F-HR 13F-HR/A
Q1 20163400$4.7B0.2%+3.1%13F-HR
Q4 20153412$4.5B4.0%−0.7%13F-HR
Q3 20153513$4.3B0.6%+11.1%13F-HR
Q2 20153742$4.2B4.8%+3.1%13F-HR
Q1 20153501$3.9B0.5%+1.2%13F-HR 13F-HR/A
Q4 20143603$3.8B3.1%+0.2%13F-HR
Q3 20143911$3.5B1.8%+4.0%13F-HR
Q2 20143925$3.4B7.9%+5.5%13F-HR
Q1 20144230$3.1B0.6%+14.3%13F-HR
Q4 20133951$2.7B4.9%+4.4%13F-HR 13F-HR/A
Q3 20133524$2.3B6.9%−1.6%13F-HR
Q2 20133734$2.2B10.1%+17.3%13F-HR
Q1 20133853$1.8B0.9%+13.3%13F-HR 13F-HR/A
Q4 20123623$1.4B1.8%+9.6%13F-HR
Q3 20123723$1.3B5.6%+0.0%13F-HR
Q2 20123824$1.2B1.1%+29.7%13F-HR 13F-HR/A
Q1 201240113$996.3M12.4%+38.7%13F-HR 13F-HR/A 13F-HR/A
Q4 20113221$642.5M2.2%+17.0%13F-HR
Q3 20113124$519.9M4.0%+0.9%13F-HR 13F-HR/A
Q2 20113333$558.6M3.3%+6.4%13F-HR
Q1 20113346$515.0M9.7%+3.4%13F-HR
Q4 20103547$476.9M2.1%+9.4%13F-HR
Q3 20103834$395.2M4.0%+0.9%13F-HR
Q2 20103971$350.8M8.7%+17.6%13F-HR
Q1 201033112$326.1M20.3%+2.9%13F-HR 13F-HR/A
Q4 20092462$297.9M13.4%+3.8%13F-HR
Q3 200920215$279.9M0.4%−80.6%13F-HR
Q2 20093340$941.5M1.3%+1.1%13F-HR
Q1 20092913$758.1M2.6%−13.5%13F-HR
Q4 20083111$905.9M0.9%−3.7%13F-HR
Q3 200831111$1.2B1.9%−13.7%13F-HR
Q2 20084112$1.4B0.9%−5.6%13F-HR
Q1 20084222$1.7B0.7%+8.2%13F-HR
Q4 200742315$1.8B4.0%−4.0%13F-HR 13F-HR/A 13F-HR/A
Q3 20075424$1.9B3.5%+1.1%13F-HR
Q2 20075632$2.0B4.6%+0.0%13F-HR
Q1 20075553$1.8B1.0%+6.1%13F-HR
Q4 20065350$1.7B0.1%+4.6%13F-HR
Q3 20064810$1.5B1.1%+1.9%13F-HR
Q2 20064728$1.4B2.3%+1.3%13F-HR
Q1 200653713$1.4B6.0%−2.7%13F-HR
Q4 20055938$1.3B4.7%−1.9%13F-HR
Q3 20056444$1.3B5.7%+0.2%13F-HR
Q2 200564312$1.3B2.8%+3.6%13F-HR
Q1 20057391$1.1B2.5%+17.3%13F-HR
Q4 200465511$1.0B2.9%+17.6%13F-HR
Q3 200471143$739.9M5.4%+20.8%13F-HR
Q2 20046075$591.4M3.5%+10.5%13F-HR
Q1 200458115$532.3M8.7%+16.2%13F-HR 13F-HR/A
Q4 20035245$422.9M2.9%+4.5%13F-HR
Q3 200353244$365.9M42.3%−5.8%13F-HR
Q2 20033326$290.9M11.8%+102.3%13F-HR
Q1 200337158$147.3M8.1%+54.9%13F-HR
Q4 200230415$97.5M15.7%−11.4%13F-HR
Q3 20024196$107.5M4.9%+7.5%13F-HR
Q2 2002 *3837$106.9M6.6%+18.5%13F-HR 13F-HR/A
Q1 2002 *4284$116.1M9.4%−4.7%13F-HR
Q4 2001 *3841$115.8M5.2%−2.4%13F-HR
Q3 2001 *35127$99.3M3.9%−82.4%13F-HR
Q2 2001 *3046$861.5M1.0%+755.5%13F-HR 13F-HR/A 13F-HR/A 13F-HR/A 13F-HR/A 13F-HR/A
Q1 2001 *3238$94.4M3.0%−2.2%13F-HR 13F-HR/A
Q4 2000 *3700$99.3M——13F-HR
VI

Large Positions Sold Out

Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.

How to Read This

Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.

CompanyHeldPeak weightCompany since
KMXCarMax IncQ4 2013 – Q1 20266%—
DHRDanaher CorpQ4 2013 – Q1 20264%—
VRSKVerisk Analytics, IncQ1 2012 – Q4 20254%—
DLTRDollar Tree IncQ1 2010 – Q2 202410%—
ADBEAdobe IncQ1 2020 – Q3 20236%—
CRMSalesforce, IncQ2 2021 – Q4 20225%—
SBACSBA Communications CorpQ3 2019 – Q1 20226%—
MKLMarkel Group IncQ4 2000 – Q3 202162%—
LYVLive Nation Entertainment, IncQ1 2020 – Q2 20213%—
BRK.BBerkshire Hathaway IncQ1 2003 – Q1 20215%—
ESGREnstar Group LtdQ1 2008 – Q4 201913%Acquired or delisted Jul 24, 2025
—SBA Communications CorpQ1 2014 – Q3 20196%Still filing with the SEC
—Ameritrade Holding LLCQ4 2009 – Q3 20195%Acquired or delisted Oct 16, 2020
—Ubiquiti IncQ3 2014 – Q3 20194%Still filing with the SEC
LKQLKQ CorpQ2 2015 – Q2 20182%—
MNROMonro IncQ3 2012 – Q4 20172%—
—Enovis CorpQ3 2012 – Q2 201712%Still filing with the SEC
DGDollar General CorpQ4 2016 – Q2 20172%—
LYVLive Nation Entertainment, IncQ2 2013 – Q4 20155%—
LPLALPL Financial Holdings IncQ4 2010 – Q4 20153%—
NLYAnnaly Capital Management IncQ4 2008 – Q3 20153%—
DISCKDiscovery IncQ1 2013 – Q2 20156%Still filing with the SEC
HIGHartford Insurance Group, IncQ3 2011 – Q1 20153%Still filing with the SEC
—Jefferies Financial Group IncQ1 2012 – Q4 20143%Still filing with the SEC
AAPLApple IncQ3 2011 – Q4 20142%—
ROSTRoss Stores IncQ1 2010 – Q2 201411%—
—DirectvQ2 2013 – Q2 20149%Acquired or delisted Nov 9, 2015
FDSFactSet Research Systems IncQ4 2009 – Q2 20145%—
NSNustar Energy LPQ1 2013 – Q4 20133%—
LAMRLamar Advertising CoQ4 2006 – Q2 201310%—
—DirectvQ1 2012 – Q2 20135%Acquired or delisted Nov 9, 2015
—Hartford Financial Services Group Inc Dep Conv PFDQ2 2010 – Q2 20135%—
KMXCarMax IncQ3 2003 – Q4 20127%—
TROWT. Rowe Price GroupQ1 2009 – Q4 20127%—
TJXTJX Companies IncQ1 2010 – Q4 20124%—
PENNPenn Entertainment IncQ4 2000 – Q2 201224%—
—American Tower Corp /maQ4 2000 – Q1 201220%Still filing with the SEC
—WMS Industries IncQ4 2009 – Q3 20113%—
OXPSOptionsxpress Holdings IncQ4 2009 – Q2 20112%—
—O Reilly Automotive IncQ1 2005 – Q1 201111%Still filing with the SEC