Chuck Akre - Akre Capital Management 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Akre Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2023. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2023, the filing reported:

New Buys - None reported

Increases - American Tower Corporation (REI, Brookfield Corporation, DigitalBridge Group, Inc., KKR & Co. Inc., Mastercard Incorporated

Reductions - Adobe Inc., Dollar Tree, Inc., CarMax Inc, O'Reilly Automotive, Inc.

Complete Exits - Alarm.com Holdings, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2023	ADBE Adobe Inc.	Adobe Inc.	Sell	-40,477	-3.3%	$462.09M	1,199,081
Q1 2023	ALRM Alarm.com Holdings, Inc.	Alarm.com Holdings, Inc.	Sell - Position Exit	-263,939	-100.0%	$0.00	-
Q1 2023	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+5,271	+0.1%	$1.43B	6,998,698
Q1 2023	BN Brookfield Corporation	Brookfield Corporation	Buy	+820,001	+4.7%	$592.71M	18,186,754
Q1 2023	DBRG DigitalBridge Group, Inc.	DigitalBridge Group, Inc.	Buy	+142,815	+2.9%	$61.56M	5,134,535
Q1 2023	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Sell	-143	-0.5%	$4.35M	30,296
Q1 2023	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy	+73,450	+0.5%	$797.06M	15,176,368
Q1 2023	KMX CarMax Inc	CarMax Inc	Sell	-2,192,556	-41.4%	$199.17M	3,098,466
Q1 2023	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+3,433	+0.1%	$2.13B	5,869,459
Q1 2023	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Sell	-115	-0.0%	$1.00B	1,182,168