Charles T. Akre founded Akre Capital Management in 1989. The Investment philosophy is long-term value investing. The "three-legged stool" approach to investing was created by Charles Akre and it requires examining business models, rates of return, as well as reinvestment opportunities. They invest in a small number of stocks that they believe to be exceptional businesses.
Chuck Akre's investment strategy is showcased through his top five stock allocations. The largest holding is Mastercard Incorporated - Ordinary Shares - Class A, which represents 19.4% of his portfolio, indicating a strong conviction in the financial services sector’s growth potential. Moody’s Corp., with its significant role in credit ratings and risk analysis, forms 14.8% of his holdings, reflecting confidence in the firm's market dominance and stability.
Private equity and alternative asset management are clearly part of Akre's focus, as evidenced by KKR & Co. Inc, making up 13.3% of the investment mix. This shows an inclination towards companies capitalizing on diverse investment strategies. American Tower Corp., accounting for 10.0%, suggests a strategic investment in digital infrastructure given its vast network of communications sites.
Finally, O'Reilly Automotive, Inc., at 9.0%, highlights a bet on the resilience and steady performance of the retail automotive parts industry. Collectively, these stocks present insights into Chuck Akre's portfolio composition, signaling a preference for established businesses with enduring competitive advantages and long-term growth prospects in their respective industries.