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

According to the SEC 13F filed on May 12, 2023, the Akre Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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