Chuck Akre - Akre Capital Management 13F Activity & Position Changes (Q4 2016)

As of Dec 31, 2016, the Akre Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. 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 2016, the filing reported:

New Buys - Dollar General Corporation, Walt Disney Company (The)

Increases - American Tower Corporation (REI, Danaher Corporation, Duluth Holdings Inc., Dollar Tree, Inc., CarMax Inc, and 3 more

Reductions - Berkshire Hathaway Inc. New, Enstar Group, Lamar Advertising Company, Mastercard Incorporated, Markel Group Inc., and 3 more

Complete Exits - None reported

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 2016	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+400,654	+6.4%	$708.21K	6,701,490
Q4 2016	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-1,525	-0.4%	$62.57K	383,889
Q4 2016	DG Dollar General Corporation	Dollar General Corporation	Buy - Position Entry	+1,500,000	-	$111.11K	1,500,000
Q4 2016	DHR Danaher Corporation	Danaher Corporation	Buy	+155,300	+10.4%	$128.85K	1,655,300
Q4 2016	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy - Position Entry	+3,891	-	$406.00	3,891
Q4 2016	DLTH Duluth Holdings Inc.	Duluth Holdings Inc.	Buy	+1,400	+0.4%	$8.93K	351,400
Q4 2016	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Buy	+790	+0.0%	$323.13K	4,186,715
Q4 2016	G3075P101 Enstar Group	Enstar Group	Sell	-2,615	-0.2%	$286.22K	1,447,760
Q4 2016	KMX CarMax Inc	CarMax Inc	Buy	+199,215	+4.0%	$332.09K	5,157,481
Q4 2016	LAMR Lamar Advertising Company	Lamar Advertising Company	Sell	-767	-1.6%	$3.26K	48,530
Q4 2016	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-5,697	-0.1%	$485.42K	4,701,391
Q4 2016	MCO Moody's Corporation	Moody's Corporation	Buy	+620,770	+15.4%	$439.36K	4,660,664
Q4 2016	MKL Markel Group Inc.	Markel Group Inc.	Sell	-970	-0.2%	$464.86K	513,939
Q4 2016	MNRO Monro, Inc.	Monro, Inc.	Buy	+14,700	+1.0%	$87.09K	1,522,630
Q4 2016	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Sell	-2,775	-0.3%	$229.37K	823,873
Q4 2016	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Sell	-1,410	-0.1%	$285.52K	1,559,542
Q4 2016	V Visa Inc.	Visa Inc.	Buy	+6,860	+0.2%	$282.58K	3,621,940
Q4 2016	VRSK Verisk Analytics, Inc.	Verisk Analytics, Inc.	Sell	-1,320	-0.1%	$209.79K	2,584,593