Chuck Akre - Akre Capital Management 13F Activity & Position Changes (Q4 2014)

According to the SEC 13F filed on Aug 14, 2026, the Akre Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2014. 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 Q4 2014, the filing reported:

New Buys - Lamar Advertising Company

Increases - Dollar Tree, Inc., Enstar Group, CarMax Inc, Moody's Corporation, Markel Group Inc., and 3 more

Reductions - American Tower Corporation (REI, Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Danaher Corporation, Hartford Financial Services Gro, and 2 more

Complete Exits - Apple Inc., Transdigm Group Incorporated

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
Q4 2014	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-637,338	-100.0%	$0.00	-
Q4 2014	AMT American Tower Corporation (REI	American Tower Corporation (REI	Sell	-290	-0.0%	$397.09K	4,017,081
Q4 2014	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-1	-1.9%	$11.53K	51
Q4 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-5,005	-1.6%	$45.52K	303,175
Q4 2014	DHR Danaher Corporation	Danaher Corporation	Sell	-400,000	-21.1%	$128.56K	1,500,000
Q4 2014	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Buy	+14,540	+0.4%	$246.27K	3,499,138
Q4 2014	G3075P101 Enstar Group	Enstar Group	Buy	+15,918	+3.2%	$78.19K	511,402
Q4 2014	HIG Hartford Financial Services Gro	Hartford Financial Services Gro	Sell	-255,340	-83.4%	$2.12K	50,761
Q4 2014	KMX CarMax Inc	CarMax Inc	Buy	+505,000	+42.3%	$113.19K	1,700,000
Q4 2014	LAMR Lamar Advertising Company	Lamar Advertising Company	Buy - Position Entry	+67,100	-	$3.60K	67,100
Q4 2014	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-6,510	-0.2%	$367.62K	4,266,670
Q4 2014	MCO Moody's Corporation	Moody's Corporation	Buy	+38,635	+1.1%	$337.17K	3,519,180
Q4 2014	MKL Markel Group Inc.	Markel Group Inc.	Buy	+1,160	+0.2%	$348.25K	510,004
Q4 2014	MNRO Monro, Inc.	Monro, Inc.	Buy	+245,003	+19.4%	$86.99K	1,505,003
Q4 2014	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Sell	-910	-0.1%	$157.31K	816,688
Q4 2014	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Buy	+57,990	+5.3%	$179.24K	1,146,390
Q4 2014	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Sell - Position Exit	-10,000	-100.0%	$0.00	-
Q4 2014	V Visa Inc.	Visa Inc.	Buy	+380	+0.1%	$149.67K	570,810