AKRE CAPITAL MANAGEMENT LLC 13F: Quarter-over-Quarter Portfolio Changes
AKRE CAPITAL MANAGEMENT LLC reported a disclosed portfolio value of approximately $6.1 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 32.9% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 6 holdings, trimmed 9 holdings, and exited 2 positions.
AKRE CAPITAL MANAGEMENT LLC's top buy was a new stake in Salesforce INC (CRM) , equal to 2.2% of the disclosed portfolio. Its top sell was American Tower CORP (AMT) . The fund sold 80.1% of its previously reported shares, reducing the position's portfolio weight by 0.3 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SALESFORCE INC | CRM | 2.2% | Holders → |
| SERVICENOW | NOW | 1.9% | Holders → |
| PERIMETER SOLUTIONS INC | PRM | 0.1% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| FAIR ISAAC CORP | FICO | +1.2% | +31.1% | History → |
| CCC INTELLIGENT SOLUTIONS HL | CCC | +0.9% | +26.9% | Holders → |
| GOOSEHEAD INS INC | GSHD | +0.0% | +19.5% | Holders → |
| ROPER TECHNOLOGIES INC | ROP | +1.9% | +13.8% | History → |
| COSTAR GROUP INC | CSGP | +-0.3% | +7.6% | History → |
| COPART INC | CPRT | +1.0% | +1.7% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| AMERICAN TOWER CORP | AMT | -0.3% | 80.1% | Holders → |
| O'REILLY AUTOMOTIVE | ORLY | -0.9% | 42.2% | History → |
| AIRBNB, INC. | ABNB | -1.0% | 41.4% | Holders → |
| VISA | V | -2.2% | 38.8% | History → |
| BROOKFIELD CORP | BN | -2.2% | 36.6% | History → |
| MOODYS CORP | MCO | -0.8% | 28.2% | History → |
| MASTERCARD INCORPORATED | MA | -0.2% | 24.1% | History → |
| KKR & CO INC | KKR | -1.2% | 17.1% | History → |
| BERKSHIRE HATHAWAY B | BRK/B | 0.0% | 13.1% | — |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| DANAHER | DHR | 0.2% |
| CARMAX INC | KMX | 0.1% |
Net Portfolio Value ChangeQ1 2026
- $9.1BPrior quarter
- $6.1BCurrent quarter
- $-3.0BNet delta
- -32.9%% change
Methodology & FAQ
How AKRE CAPITAL MANAGEMENT LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for AKRE CAPITAL MANAGEMENT LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did AKRE CAPITAL MANAGEMENT LLC buy in Q1 2026?
In Q1 2026, AKRE CAPITAL MANAGEMENT LLC initiated 3 new positions (SALESFORCE INC (CRM), SERVICENOW (NOW), PERIMETER SOLUTIONS INC (PRM)); bought more shares of FAIR ISAAC CORP (FICO), CCC INTELLIGENT SOLUTIONS HL (CCC), GOOSEHEAD INS INC (GSHD), ROPER TECHNOLOGIES INC (ROP), COSTAR GROUP INC (CSGP) — the largest 5 of 6 adds.
What stocks did AKRE CAPITAL MANAGEMENT LLC sell in Q1 2026?
In Q1 2026, AKRE CAPITAL MANAGEMENT LLC fully sold 2 positions (DANAHER (DHR), CARMAX INC (KMX)); reduced holdings in AMERICAN TOWER CORP (AMT), O'REILLY AUTOMOTIVE (ORLY), AIRBNB, INC. (ABNB), VISA (V), BROOKFIELD CORP (BN) — the largest 5 of 9 reductions.
Which positions did AKRE CAPITAL MANAGEMENT LLC initiate in Q1 2026?
AKRE CAPITAL MANAGEMENT LLC established 3 new positions in Q1 2026: SALESFORCE INC (CRM, 2.2%), SERVICENOW (NOW, 1.9%), PERIMETER SOLUTIONS INC (PRM, 0.1%).
Which existing positions saw the largest allocation increases for AKRE CAPITAL MANAGEMENT LLC in Q1 2026?
Of 6 existing positions with share-count increases in Q1 2026, the largest were: FAIR ISAAC CORP (FICO, +1.2% weight, +31.1% shares), CCC INTELLIGENT SOLUTIONS HL (CCC, +0.9% weight, +26.9% shares), GOOSEHEAD INS INC (GSHD, +0.0% weight, +19.5% shares), ROPER TECHNOLOGIES INC (ROP, +1.9% weight, +13.8% shares), COSTAR GROUP INC (CSGP, +-0.3% weight, +7.6% shares), COPART INC (CPRT, +1.0% weight, +1.7% shares).
Which positions did AKRE CAPITAL MANAGEMENT LLC fully exit in Q1 2026?
AKRE CAPITAL MANAGEMENT LLC fully exited 2 positions in Q1 2026: DANAHER (DHR, last-reported weight 0.2%), CARMAX INC (KMX, last-reported weight 0.1%).
Which existing positions saw the largest allocation reductions for AKRE CAPITAL MANAGEMENT LLC in Q1 2026?
Of 9 existing positions with share-count reductions in Q1 2026, the largest were: AMERICAN TOWER CORP (AMT, -0.3% weight, -80.1% shares), O'REILLY AUTOMOTIVE (ORLY, -0.9% weight, -42.2% shares), AIRBNB, INC. (ABNB, -1.0% weight, -41.4% shares), VISA (V, -2.2% weight, -38.8% shares), BROOKFIELD CORP (BN, -2.2% weight, -36.6% shares), MOODYS CORP (MCO, -0.8% weight, -28.2% shares), MASTERCARD INCORPORATED (MA, -0.2% weight, -24.1% shares), KKR & CO INC (KKR, -1.2% weight, -17.1% shares), BERKSHIRE HATHAWAY B (BRK/B, 0.0% weight, -13.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.