Chuck Akre portfolio & holdings
Akre Capital Management
Historical clone performance and limitations
Chuck Akre (Akre Capital Management) discloses a $5.11B portfolio across 19 US-listed positions in the latest 13F filing (2026Q2, filed Aug 14, 2026). The largest holding is MA at 20.0% of the book.
A material reported change · Q2 2026
Chuck Akre reduced reported V shares by 32.2%.
Holdings as of Jun 30, 2026 · filed Aug 14, 2026. Position at period end: 7.5% of the reported portfolio. The filing does not reveal the trade date, price, or reason.
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Holdings (19) · click any column to sort
| #↑ | Ticker | Issuer | % Port. | This Q | History | Value |
|---|---|---|---|---|---|---|
| 1 | MA | 20.0% | $1.02B | |||
| 2 | MCO | 10.3% | $524M | |||
| 3 | BN | 10.1% | $516M | |||
| 4 | KKR | 9.0% | $457M | |||
| 5 | FICO | 8.5% | $432M | |||
| 6 | ROP | 7.8% | $398M | |||
| 7 | V | 7.5% | $381M | |||
| 8 | CSGP | 6.5% | $331M | |||
| 9 | CPRT | 4.4% | $225M | |||
| 10 | ORLY | 3.9% | $199M | |||
| 11 | ABNB | 3.3% | $169M | |||
| 12 | CCC | 3.0% | $154M | |||
| 13 | NOW | 2.4% | $124M | |||
| 14 | CRM | 2.2% | $112M | |||
| 15 | GSHD | 0.4% | $22M | |||
| 16 | H82027105 | 0.4% | $21M | |||
| 17 | PRM | 0.2% | $9M | |||
| 18 | AMT | 0.1% | $5M | |||
| 19 | BRK/B | 0.1% | $4M |
- 1MAport20.0%val$1.02BMastercard Inc - Athis Q hold·40q
- 2MCOport10.3%val$524MMoody's Corpthis Q hold·40q
- 3BNport10.1%val$516MBrookfield Corpthis Q -29%·15q
- 4KKRport9.0%val$457MKkr & CO Incthis Q -26%·33q
- 5FICOport8.5%val$432MFair Isaac Corpthis Q hold·5q
- 6ROPport7.8%val$398MRoper Technologies Incthis Q hold·40q
- 7Vport7.5%val$381MVisa Inc-class A Sharesthis Q -32%·40q
- 8CSGPport6.5%val$331MCostar Group Incthis Q hold·27q
- 9CPRTport4.4%val$225MCopart Incthis Q hold·5q
- 10ORLYport3.9%val$199MO'reilly Automotive Incthis Q -44%·40q
- 11ABNBport3.3%val$169MAirbnb Inc-class Athis Q -42%·9q
- 12CCCport3.0%val$154MCcc Intelligent Solutions HOthis Q hold·10q
- 13NOWport2.4%val$124MServicenow Incthis Q hold·2q
- 14CRMport2.2%val$112MSalesforce Incthis Q hold·8q
- 15GSHDport0.4%val$22MGoosehead Insurance Inc -Athis Q hold·31q
- 16H82027105port0.4%val$21MSophia Genetics SAthis Q hold·10q
- 17PRMport0.2%val$9MPerimeter Solutions Incthis Q hold·2q
- 18AMTport0.1%val$5MAmerican Tower Corpthis Q -42%·40q
- 19BRK/Bport0.1%val$4MBerkshire Hathaway Inc-cl Bthis Q -21%·40q
Beyond the 13F
as of 2025-07-31Across Chuck Akre’s registered funds — $12.38B disclosed in SEC Form N-PORT — just 85.3% sits in US-listed equity, the only slice a 13F reports. The other $1.82B is foreign listings and cash — none of which a 13F can show.
Where the hidden money is
| Netherlands | 6.6% | |
| France | 1.9% |
Largest positions no 13F shows
| Topicus.com Inc · Netherlands · CAD | $819M |
| U.S. Bank Money Market Deposit Account · United States · USD | $766M |
| LVMH Moet Hennessy Louis Vuitt · France · EUR | $232M |
From SEC Form N-PORT, which registered funds file with their full portfolio — every currency, asset class and short. Covers 1 fund. The percentage above is the composition of those funds, not a ratio between two filings: a 13F spans every discretionary account but only US-listed securities, while N-PORT covers only the registered funds but every asset inside them — different universes, so the totals are not comparable (the 13F itself reports $5.11B for 2026-06-30). None of this feeds the backtest above, which stays a pure 13F clone.
2026Q2 moves, by size (7)(expand ↓)
| Ticker | Issuer | Move | % Port. | Δ Shares | Value |
|---|---|---|---|---|---|
| BN | Brookfield Corp | TRIM | 10.1% | -29% | $516M |
| KKR | Kkr & CO Inc | TRIM | 9.0% | -26% | $457M |
| V | Visa Inc-class A Shares | TRIM | 7.5% | -32% | $381M |
| ORLY | O'reilly Automotive Inc | TRIM | 3.9% | -44% | $199M |
| ABNB | Airbnb Inc-class A | TRIM | 3.3% | -42% | $169M |
| AMT | American Tower Corp | TRIM | 0.1% | -42% | $5M |
| BRK/B | Berkshire Hathaway Inc-cl B | TRIM | 0.1% | -21% | $4M |
- TRIMBN10.1%Brookfield CorpΔ -29%·$516M
- TRIMKKR9.0%Kkr & CO IncΔ -26%·$457M
- TRIMV7.5%Visa Inc-class A SharesΔ -32%·$381M
- TRIMORLY3.9%O'reilly Automotive IncΔ -44%·$199M
- TRIMABNB3.3%Airbnb Inc-class AΔ -42%·$169M
- TRIMAMT0.1%American Tower CorpΔ -42%·$5M
- TRIMBRK/B0.1%Berkshire Hathaway Inc-cl BΔ -21%·$4M
About Chuck Akre
Chuck Akre built Akre Capital Management around a framework he calls the "three-legged stool" — businesses with high returns on equity, skilled reinvestment-minded management, and long runways for compounding — and the 19-position, roughly 57%-in-top-five portfolio visible in the 13F reflects that discipline in practice. The current book is anchored in financial-infrastructure compounders: Mastercard, Brookfield, KKR, Moody's, and Visa collectively represent the thesis that toll-road-style businesses with embedded pricing power and capital-light models can compound intrinsic value over decades without requiring active trading. Akre is known for near-zero turnover; positions like Moody's have been held across multiple market cycles. What the 13F captures accurately here is the actual strategy — Akre does not run a significant options overlay or short book, so filings are a reasonably faithful snapshot. The latticework backtest showing roughly -2 percentage points of annual drag versus SPY over twelve years reflects the cost of concentration and low turnover in periods when momentum and breadth rewarded different behavior, not a strategy malfunction.
2026Q2 brief
Akre Capital's characteristically still $5.1B portfolio turned surprisingly active on the sell side, with meaningful trims across several core positions but zero new buys — a posture that reads more like valuation discipline than thesis abandonment. The deepest cuts hit ORLY (-44%, now 3.9%), V (-32%, 7.5%), ABNB (-42%, 3.3%), and AMT (-42%, 0.1%), while BN (-29%, 10.1%) and KKR (-26%, 9.0%) saw meaningful reductions despite remaining top holdings. With MA still the anchor at 20% and MCO at 10.3%, Akre appears to be concentrating further into his highest-conviction compounder pair while harvesting gains elsewhere — a pattern consistent with his "three-legged stool" framework favoring reinvestment moats. The across-the-board trimming without a single add or new position is unusual; watch whether Q3 brings fresh capital deployment into a new name or continued consolidation around the MA/MCO core.
AI-generated. Not investment advice.
Filing history
Chuck Akre's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.
| Quarter | Positions | Portfolio value |
|---|---|---|
| Q2 2026 — what changed → | 20 | $5.12B |
| Q1 2026 — what changed → | 20 | $6.13B |
| Q4 2025 — what changed → | 18 | $9.12B |
| Q3 2025 — what changed → | 19 | $10.03B |
| Q2 2025 — what changed → | 19 | $10.21B |
| Q1 2025 — what changed → | 18 | $10.40B |
| Q4 2024 holdings | 18 | $11.56B |
| Q3 2024 holdings | 18 | $12.02B |
| Q2 2024 holdings | 19 | $11.37B |
| Q1 2024 holdings | 21 | $12.09B |
| Q4 2023 holdings | 18 | $11.88B |
| Q3 2023 holdings | 18 | $11.52B |
Values as disclosed at each quarter end. Older filings on EDGAR.
Manager evidence
10 material decisions, preserved in sequence.
See what Chuck Akre bought, added, trimmed, or exited across eight quarters—plus disclosure lag, SEC sources, and observed outcomes versus SPY. No guru grade.
Open Chuck Akre's decision evidence →Frequently asked questions
- What stocks does Chuck Akre own?
- As of 2026Q2, Chuck Akre's 13F discloses 19 positions worth $5.11B. The top five holdings: MA (20.0%), MCO (10.3%), BN (10.1%), KKR (9.0%), FICO (8.5%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
- What did Chuck Akre buy this quarter?
- The 2026Q2 filing shows no new purchases — no new positions were opened and no existing holdings were added to this quarter.
- How big is Chuck Akre's portfolio?
- $5.11B across 19 positions per the latest 13F (filed Aug 14, 2026). The top five holdings account for 58% of the disclosed book.
Similar portfolios
Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0001112520). Not investment advice.