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Chuck Akre

Akre Capital Management

2026Q1 · filed May 14, 202619 positions · $6.12Btop-5 57%

Chuck Akre (Akre Capital Management) discloses a $6.12B portfolio across 19 US-listed positions in the latest 13F filing (2026Q1, filed May 14, 2026). The largest holding is MA at 18.6% of the book. The biggest move of the quarter: trimmed the MA share count by 24% (position now $1.14B). Latticework's clone backtest puts this 13F book at -2.1%/yr vs SPY over 12.0 years.

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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.

2026Q1 brief

Akre Capital's $6.1B book saw broad-based trimming of its core compounders alongside targeted new additions in software, a notable stylistic evolution for a manager historically anchored in payments, financial data, and real assets. The heaviest trims hit V (-39%, still 8.1%), BN (-37%), ORLY (-42%), ABNB (-41%), and MCO (-28%) — all quality names but clearly sources of funds for reallocation. The payments trim is particularly interesting as Akre simultaneously added to FICO (+31%, now 6.4%) and initiated CRM (2.2%) and NOW (1.9%), signaling a rotation within the quality-compounder universe from network-effect payments toward software-driven pricing power. MA (18.6%) holds as the largest position despite a -24% trim. New entry PRM (0.1%) is a small insurance-adjacent name to watch. The three new software positions — CRM, NOW, and the continued build in FICO — may represent Akre's bet that enterprise software durability now rivals the compounding profile he has historically sourced from financial infrastructure. Watch whether CRM and NOW get scaled toward top-10 weights in Q2.

AI-generated. Not investment advice.

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Holdings (19) · click any column to sort

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  • port18.6%
    val$1.14B
    Mastercard Inc - A
    this Q -24%·40q
  • port11.3%
    val$689M
    Brookfield Corp
    this Q -37%·14q
  • port10.2%
    val$621M
    Kkr & CO Inc
    this Q hold·32q
  • port8.9%
    val$544M
    Moody's Corp
    this Q -28%·40q
  • 5V
    port8.1%
    val$495M
    Visa Inc-class A Shares
    this Q -39%·40q
  • port7.3%
    val$445M
    Roper Technologies Inc
    this Q hold·40q
  • port6.8%
    val$417M
    Costar Group Inc
    this Q hold·26q
  • port6.3%
    val$388M
    Fair Isaac Corp
    this Q +31%·4q
  • port5.9%
    val$359M
    O'reilly Automotive Inc
    this Q -42%·40q
  • port4.3%
    val$266M
    Copart Inc
    this Q hold·4q
  • port4.2%
    val$257M
    Airbnb Inc-class A
    this Q -41%·8q
  • 12CCC
    port3.1%
    val$189M
    Ccc Intelligent Solutions HO
    this Q +27%·9q
  • 13CRM
    port2.2%
    val$134M
    Salesforce Inc
    this Q New·7q
  • 14NOW
    port1.9%
    val$115M
    Servicenow Inc
    this Q New·1q
  • port0.3%
    val$19M
    Goosehead Insurance Inc -A
    this Q hold·30q
  • 16H82027105
    port0.3%
    val$18M
    Sophia Genetics SA
    this Q hold·9q
  • 17AMT
    port0.1%
    val$9M
    American Tower Corp
    this Q -80%·40q
  • 18PRM
    port0.1%
    val$6M
    Perimeter Solutions Inc
    this Q New·1q
  • port0.1%
    val$5M
    Berkshire Hathaway Inc-cl B
    this Q hold·40q

All activity (2026Q1)

  • TRIMMA
    18.6%
    Mastercard Inc - A
    Δ -24%·$1.14B
  • TRIMBN
    11.3%
    Brookfield Corp
    Δ -37%·$689M
  • TRIMV
    8.1%
    Visa Inc-class A Shares
    Δ -39%·$495M
  • TRIMMCO
    8.9%
    Moody's Corp
    Δ -28%·$544M
  • TRIMORLY
    5.9%
    O'reilly Automotive Inc
    Δ -42%·$359M
  • ADDFICO
    6.3%
    Fair Isaac Corp
    Δ +31%·$388M
  • TRIMABNB
    4.2%
    Airbnb Inc-class A
    Δ -41%·$257M
  • ADDCCC
    3.1%
    Ccc Intelligent Solutions HO
    Δ +27%·$189M
  • NEWCRM
    2.2%
    Salesforce Inc
    Δ +100%·$134M
  • NEWNOW
    1.9%
    Servicenow Inc
    Δ +100%·$115M
  • TRIMAMT
    0.1%
    American Tower Corp
    Δ -80%·$9M
  • EXITDHR
    0.2%
    Danaher Corp
    Δ -100%·$0
  • NEWPRM
    0.1%
    Perimeter Solutions Inc
    Δ +100%·$6M
  • EXITKMX
    0.1%
    Carmax Inc
    Δ -100%·$0

Frequently asked questions

What stocks does Chuck Akre own?
As of 2026Q1, Chuck Akre's 13F discloses 19 positions worth $6.12B. The top five holdings: MA (18.6%), BN (11.3%), KKR (10.2%), MCO (8.9%), V (8.1%). 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?
In 2026Q1, the filing shows 3 new positions and 2 additions to existing holdings. The largest positions touched by buying: FICO, CCC, CRM, NOW, PRM.
How big is Chuck Akre's portfolio?
$6.12B across 19 positions per the latest 13F (filed May 14, 2026). The top five holdings account for 57% of the disclosed book.

Explore more

Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0001112520). Not investment advice.