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 portfolio showcases a strategic focus on the financial services, automotive, and real estate sectors. The top holding is Mastercard Incorporated (Class A shares), which represents 19.4% of his investments, reflecting confidence in the enduring value of electronic payment systems in the global economy. Moody’s Corp., occupying 15.0% of the portfolio, underscores Akre’s trust in the company’s vital role in credit ratings and risk analysis for investors.
Investments in KKR & Co. Inc, with a solid 13.0%, reveals Akre's belief in the strength of alternative asset management firms amidst varied market conditions. A significant stake in American Tower Corp., totaling 9.8%, indicates an understanding of the growth potential within wireless infrastructure, particularly as technological advancements like 5G unfold.
Lastly, O’Reilly Automotive, Inc., at 9.4% of the portfolio, shows reliance on robust consumer spending in the aftermarket automotive parts industry. This diverse lineup within Chuck Akre's stocks portfolio exemplifies a calculated balance between steady income generators and growth-oriented securities.