Breaking down the stocks Chuck Akre (Akre) bought, sold, and held in Q4 2025, including their holdings at the end of the quarter. All data sourced from Akre's 13F filed on February 13, 2026.
Who are Chuck Akre and Akre Capital Management?
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
Q4 '25 13F filed with SEC
Holdings in Q4 2025
| Ticker | Company | Weight | Change | Value |
|---|---|---|---|---|
| MA | Mastercard | 18.8% | Trimmed (-5%) | $1.72B |
| BN | Brookfield | 13.5% | Added (+40%) | $1.23B |
| KKR | KKR | 11.3% | Trimmed (-7%) | $1.03B |
| V | Visa | 10.3% | Trimmed (-10%) | $938.72M |
| MCO | Moody's | 9.7% | Trimmed (-18%) | $886.44M |
| CSGP | CoStar | 7.1% | Added (+3%) | $646.7M |
| ORLY | O'Reilly Automotive | 6.7% | Trimmed (-22%) | $612.91M |
| ROP | Roper Technologies | 5.4% | Trimmed (-4%) | $491.94M |
| ABNB | Airbnb | 5.2% | $471.39M | |
| FICO | Fair Isaac | 5.1% | Added (+6%) | $469.05M |
| CPRT | Copart | 3.4% | Added (+86%) | $308.03M |
| CCCS | CCC Intelligent Solutions | 2.2% | Added (+53%) | $197.45M |
| AMT | American Tower | 0.5% | Trimmed (-42%) | $44.82M |
| GSHD | Goosehead | 0.3% | Added (+1%) | $27.33M |
| SOPH | Sophia Genetics | 0.2% | $17.37M | |
| DHR | Danaher | 0.2% | Trimmed (-92%) | $15.91M |
| BRK-B | Berkshire Hathaway | 0.1% | Trimmed (-15%) | $5.98M |
| KMX | CarMax | 0.1% | $5.82M | |
| VRSK | Verisk | 0.0% | Exited | $-2.08M |
Current Investment Strategy
Akre Capital Management's concentrated, 18-stock portfolio at year-end 2025 remains anchored in its signature "compounding machines" philosophy, with nearly two-thirds of its roughly $10 billion in disclosed holdings parked in dominant financial-infrastructure and alternative-asset franchises led by Mastercard, Brookfield Corp, KKR, Visa, and Moody's. The firm continued its pattern of disciplined profit-taking in Q4—substantially trimming O'Reilly Automotive and Moody's while fully exiting Verisk Analytics—adding no new positions as it harvested gains from long-held winners and maintained elevated cash levels relative to its historical norms.
New Investments
Akre did not open any new positions during Q4 2025.
Added, Trimmed, and Exited
Added
Akre made aggressive additions to three core holdings: CCC Intelligent Solutions (CCCS) saw the largest increase with over 8.5 million shares added (~53% increase), Brookfield (BN) grew by roughly 7.6 million shares (~40% increase), and Copart (CPRT) nearly doubled with 3.6 million shares added. Smaller additions were made to CoStar (CSGP), Fair Isaac (FICO), and Goosehead (GSHD).
What it means: The enormous build-ups in CCCS, BN, and CPRT signal high conviction in these compounders at current valuations. Brookfield was added to despite a negative return in the quarter, suggesting Akre views the pullback as an opportunity. The aggressive accumulation of CCC Intelligent Solutions — a software platform serving the insurance and auto claims industry — and Copart, which dominates online vehicle auctions, reflects continued commitment to asset-light, high-return-on-capital business models that fit the firm's "three-legged stool" framework.
Trimmed
Akre meaningfully reduced several positions: Danaher (DHR) was cut by over 92% to a nominal stub of ~69,500 shares, O'Reilly Automotive (ORLY) was trimmed by nearly 1.9 million shares (~22%), and American Tower (AMT) was cut by roughly 42%. More modest trims were made to KKR (KKR), Moody's (MCO), Visa (V), Mastercard (MA), Roper Technologies (ROP), and Berkshire Hathaway (BRK-B).
What it means: The near-complete exit of Danaher — once a meaningful position — suggests the firm may have lost confidence in the company's reinvestment runway following its life sciences spinoffs. The sizable trim of O'Reilly Automotive, which suffered a ~34% decline in value during the quarter, could reflect both profit-taking and a reassessment of growth potential. The broad paring of payment network giants Visa and Mastercard, along with KKR and Moody's, appears to be a disciplined reallocation of capital from mature, large-cap compounders into the higher-growth opportunities noted above.
Exited
Akre fully liquidated its small position in Verisk (VRSK), selling all 8,279 shares (~$2.1M).
What it means: This was a very minor position and its exit has negligible impact on the overall portfolio. It likely reflects a clean-up of a residual holding that no longer met the firm's concentration and conviction threshold rather than a significant strategic shift.
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.
