Chuck Akre's (Akre Capital Management) Trades and Holdings in Q2 2025

Breaking down the stocks Chuck Akre (Akre) bought, sold, and held in Q2 2025, including their holdings at the end of the quarter. All data sourced from Akre's 13F filed on August 14, 2025.

Who is Akre?

Akre Capital Management is an investment firm founded in 1989 by Charles "Chuck" Akre, known for his "three-legged stool" approach to identifying exceptional investments. The firm focuses on a concentrated portfolio of extraordinary businesses characterized by superior returns on capital, talented and ethical management teams, and the ability to reinvest free cash flow at high rates of return. This disciplined strategy has enabled Akre to deliver market-beating returns over multiple decades through long-term ownership of compounding machines rather than frequent trading.

Akrecapital.com
Wikipedia on Chuck Akre
Q2 '25 13F filed with SEC

Portfolio Changes in Q2 2025

New positions

Akre initiated two new positions during Q2 2025, taking significant stakes in Copart (CPRT) with 1.2 million shares valued at $58.9 billion, and Fair Isaac (FICO) with 9,148 shares worth $16.7 billion.

Bought

Akre made substantial additions to several existing holdings, most notably increasing its O'Reilly Automotive (ORLY) position by over 8.5 million shares, and adding meaningfully to CCC Intelligent Solutions (CCCS), Sophia Genetics (SOPH), Airbnb (ABNB), and Brookfield (BN).

Sold

Akre completely liquidated its DigitalBridge (DBRG) position and significantly reduced its American Tower (AMT) holding by 1.7 million shares, while making smaller trims to positions in Moody's (MCO), CarMax (KMX), Mastercard (MA), Roper Technologies (ROP), and CoStar (CSGP).

New Investments in Q2 2025

Copart CPRT

Chuck Akre bought $58.88B of Copart in Q2 2025. Copart demonstrated robust financial performance in its most recent quarter, delivering $1.16 billion in revenue with a strong 14.0% year-over-year growth rate and net income of $387.4 million, representing a 19.0% increase. The company's earnings momentum continued into Q3 2025 with EPS of $0.42 meeting analyst expectations, while maintaining healthy gross margins above 45% throughout the period. Copart's diversified revenue streams showed resilience with international fee units growing 11% and global average selling prices increasing 2%, positioning the company well in the vehicle auction and salvage marketplace.

• Earnings per share surged 21.2% to $0.40 in Q2 2025 compared to $0.33 in the prior year period.
• Six-month revenue increased 13.2% to $2.31 billion with gross profit margin expansion of 11.8%.
• Q3 2025 EPS of $0.42 met consensus estimates, maintaining consistent earnings growth trajectory.

Fair Isaac FICO

Chuck Akre bought $16.72B of Fair Isaac in Q2 2025. Fair Isaac demonstrated strong financial performance in Q2 2025, delivering $7.81 non-GAAP EPS and $499 million in revenue, representing 27.2% and 15% year-over-year growth respectively. The company consistently beat Wall Street estimates with EPS exceeding expectations by 5.68% and revenue by 0.51%, driven primarily by robust mortgage origination revenues that surged 48% year-over-year. Despite strong fundamentals, shares declined 2.37% in after-hours trading following earnings due to investor concerns about increased debt levels and reduced free cash flow, though the stock has gained 5.4% over the past month.

• Non-GAAP EPS grew 27.2% year-over-year to $7.81 in Q2 2025, beating consensus estimates by 5.68%.
• Revenue increased 15% year-over-year to $499 million, with Scores segment revenue up 25% driven by mortgage originations.
• Free cash flow reached $677 million over the trailing 12 months, representing a 45% increase from the prior year period.

Holdings at the end of Q2 2025

Disclaimer: All posts are for informational purposes only. They are NOT a recommendation to buy or sell the securities discussed. Please do your own research and due diligence before investing your money.