Latest Transactions of Chuck Akre Q1 2025

Highlights

Biggest Buys

1. Airbnb Inc. (ABNB) Akre Capital added 268,335 shares of Airbnb Inc. to its portfolio, increasing its position by 10.13%, at an average purchase price of approximately $133 per share. Airbnb is a leading online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. This further investment underscores Akre's confidence in Airbnb's unique business model, powerful network effects, and long-term growth prospects in the evolving travel industry.

2. CCC Intelligent Solutions Hldgs Inc. (CCCS) The firm increased its stake in CCC Intelligent Solutions Hldgs Inc. by 2,508,986 shares, representing a 23.49% increase, at an average purchase price of around $11 per share. CCC Intelligent Solutions provides cloud-based software, data, and analytics to the property and casualty (P&C) insurance economy. This bolstered position highlights Akre's belief in the company's critical role within its industry, its potential for strong recurring revenue, and its capacity for sustained value compounding.

Biggest Sells

1. American Tower Corp. (AMT) Akre Capital sold 2,914,221 shares of American Tower Corp., significantly reducing its position by 52.95%, at an average selling price of approximately $192 per share. American Tower is one of the largest global Real Estate Investment Trusts (REITs) and a leading independent owner, operator, and developer of multitenant communications real estate. This substantial reduction in a long-term core holding may indicate a reassessment of its future growth and reinvestment runway, valuation concerns, or a strategic decision to reallocate capital after a successful, extended investment period.

2. Moody's Corp. (MCO) The firm reduced its position in Moody's Corp. by 643,469 shares, a 20.90% decrease, at an average selling price of around $480 per share. Moody's Corporation is a global integrated risk assessment firm, renowned for its credit ratings, research, and analytical tools. The trim in this long-held compounder could reflect meticulous portfolio rebalancing, valuation considerations, or adjustments based on Akre's forward-looking view of the financial services landscape.

3. KKR & Co. L.P. (KKR) Akre Capital sold 1,436,000 shares of KKR & Co. L.P., decreasing its stake by 13.96%, at an average selling price of approximately $137 per share. KKR is a prominent global investment company that manages multiple alternative asset classes, including private equity, credit, and real assets. This reduction might suggest strategic trimming due to position sizing, overall market conditions influencing alternative asset managers, or a comparative preference for other investment opportunities.

These Q1 2025 transactions for Akre Capital demonstrate a continued focus on strengthening positions in select growth companies with strong business models (Airbnb, CCCS) while taking significant profits or strategically reducing exposure in some of his hallmark long-term holdings like American Tower and Moody's, alongside a trim in KKR. These adjustments likely reflect Akre Capital's disciplined approach to active portfolio management and its unwavering search for the best compounding opportunities.

All Transactions

The information is provided for educational purposes only and does not constitute financial advice or recommendation and should not be considered as such. Do your own research.