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

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, 2016. 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