Akre Capital Management 13F annual report
Akre Capital Management is an investment fund managing more than $11.4 trillion ran by Carolyn Hylton. There are currently 19 companies in Mrs. Hylton’s portfolio. The largest investments include Mastercard and Moodys Corp, together worth $3.56 trillion.
$11.4 trillion Assets Under Management (AUM)
As of 6th August 2024, Akre Capital Management’s top holding is 4,039,349 shares of Mastercard currently worth over $1.78 trillion and making up 15.7% of the portfolio value.
Relative to the number of outstanding shares of Mastercard, Akre Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 4,221,104 shares of Moodys Corp worth $1.78 trillion.
The third-largest holding is Kkr & Co L P Del worth $1.44 trillion and the next is American Tower worth $1.19 trillion, with 6,134,307 shares owned.
Currently, Akre Capital Management's portfolio is worth at least $11.4 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Akre Capital Management
The Akre Capital Management office and employees reside in Middleburg, Virginia. According to the last 13-F report filed with the SEC, Carolyn Hylton serves as the Head Trader - Client Service Director at Akre Capital Management.
Recent trades
In the most recent 13F filing, Akre Capital Management revealed that it had opened a new position in
Airbnb and bought 935,876 shares worth $142 billion.
This means they effectively own approximately 0.1% of the company.
Airbnb makes up
9.9%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in SBA Communications Corp by buying
138,742 additional shares.
This makes their stake in SBA Communications Corp total 500,000 shares worth $98.2 billion.
SBA Communications Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Akre Capital Management is getting rid of from its portfolio.
Akre Capital Management closed its position in Uber Technologies Inc on 13th August 2024.
It sold the previously owned 3,550,000 shares for $273 billion.
Carolyn Hylton also disclosed a decreased stake in Mastercard by 0.6%.
This leaves the value of the investment at $1.78 trillion and 4,039,349 shares.
One of the largest hedge funds
The two most similar investment funds to Akre Capital Management are Newedge Advisors and Sarasin & Partners LL.P.. They manage $11.4 trillion and $11.3 trillion respectively.
Carolyn Hylton investment strategy
Akre Capital Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 23.3% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $179 billion.
The complete list of Akre Capital Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Mastercard Incorporated |
56.19%
4,039,349
|
$1,781,999,205,000 | 15.68% |
| Moodys Corp |
52.60%
4,221,104
|
$1,776,789,307,000 | 15.63% |
| Kkr & Co L P Del |
54.00%
13,689,816
|
$1,440,716,189,000 | 12.68% |
| American Tower Corp. |
50.51%
6,134,307
|
$1,192,386,595,000 | 10.49% |
| Oreilly Automotive Inc |
51.64%
956,079
|
$1,009,676,789,000 | 8.88% |
| Roper Technologies Inc |
50.03%
1,543,679
|
$870,110,105,000 | 7.66% |
| Visa Inc |
50.00%
3,271,740
|
$858,733,598,000 | 7.56% |
| Brookfield Corp |
48.59%
18,465,882
|
$767,072,738,000 | 6.75% |
| Costar Group, Inc. |
39.61%
8,770,423
|
$650,239,161,000 | 5.72% |
| Danaher Corp. |
50.00%
1,775,400
|
$443,583,690,000 | 3.90% |
| Uber Technologies Inc |
Closed
3,550,000
|
$273,314,500,000 | |
| Carmax Inc |
60.30%
2,145,509
|
$157,351,630,000 | 1.38% |
| Airbnb, Inc. |
Opened
935,876
|
$141,906,878,000 | 1.25% |
| SBA Communications Corp |
38.41%
500,000
|
$98,150,000,000 | 0.86% |
| Ccc Intelligent Solutions Hl |
44.17%
7,815,722
|
$86,832,671,000 | 0.76% |
| Digitalbridge Group Inc |
55.67%
3,643,094
|
$49,910,391,000 | 0.44% |
| Goosehead Ins Inc |
24.87%
366,125
|
$21,030,220,000 | 0.19% |
| Sophia Genetics Sa |
567.51%
1,920,432
|
$8,795,579,000 | 0.08% |
| Berkshire Hathaway Inc. |
51.80%
15,895
|
$6,466,086,000 | 0.06% |
| Brookfield Asset Managmt Ltd |
Closed
126,000
|
$5,294,520,000 | |
| Verisk Analytics Inc |
53.62%
16,069
|
$4,331,399,000 | 0.04% |
| Dollar Tree Inc |
Closed
4,458
|
$593,582,000 | |
| No transactions found | |||
| Showing first 500 out of 22 holdings | |||
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