{
  "data": {
    "slug": "chuck-akre",
    "name": "Chuck Akre",
    "fund": "Akre Capital Management",
    "role": "Founder & CIO",
    "philosophy": "The three-legged stool: great business, great management, great reinvestment.",
    "bio": "Founded Akre Capital in 1989. His 'three-legged stool' framework is taught in business schools. Delivered ~14% CAGR for three decades by concentrating on compounders and holding forever.",
    "longest_holding": "Mastercard (since 2010)",
    "quality_score": 9,
    "cagr_10y": 14.3,
    "holdings": [
      {
        "ticker": "MA",
        "name": "Mastercard",
        "pct": 17.8,
        "shares_mn": 6.2,
        "thesis": "Largest position. Held since 2010. Core compounder."
      },
      {
        "ticker": "V",
        "name": "Visa",
        "pct": 14.2,
        "shares_mn": 7,
        "thesis": "The other payment network compounder."
      },
      {
        "ticker": "MCO",
        "name": "Moody's",
        "pct": 13.4,
        "shares_mn": 1.6,
        "thesis": "Credit rating duopoly."
      },
      {
        "ticker": "KKR",
        "name": "KKR & Co",
        "pct": 8.9,
        "shares_mn": 4.2,
        "thesis": "Alternative asset compounder."
      },
      {
        "ticker": "CSGP",
        "name": "CoStar Group",
        "pct": 6.8,
        "shares_mn": 2.5,
        "thesis": "Real estate data moat."
      },
      {
        "ticker": "META",
        "name": "Meta Platforms",
        "pct": 3.1,
        "shares_mn": 0.9,
        "thesis": "Recent build — trimmed in Q4."
      }
    ],
    "recent_moves": [
      {
        "quarter": "2025-Q4",
        "ticker": "MA",
        "action": "add",
        "delta_pct": 4,
        "portfolio_impact_pct": 17.8
      },
      {
        "quarter": "2025-Q4",
        "ticker": "META",
        "action": "trim",
        "delta_pct": -10,
        "portfolio_impact_pct": 3.1
      },
      {
        "quarter": "2025-Q3",
        "ticker": "MA",
        "action": "add",
        "delta_pct": 5,
        "portfolio_impact_pct": 17.4
      },
      {
        "quarter": "2025-Q2",
        "ticker": "META",
        "action": "add",
        "delta_pct": 8,
        "portfolio_impact_pct": 3.3
      },
      {
        "quarter": "2024-Q4",
        "ticker": "MA",
        "action": "add",
        "delta_pct": 5,
        "portfolio_impact_pct": 17.5
      },
      {
        "quarter": "2024-Q3",
        "ticker": "MA",
        "action": "add",
        "delta_pct": 4,
        "portfolio_impact_pct": 17
      },
      {
        "quarter": "2024-Q2",
        "ticker": "V",
        "action": "add",
        "delta_pct": 4,
        "portfolio_impact_pct": 14
      },
      {
        "quarter": "2024-Q1",
        "ticker": "MA",
        "action": "add",
        "delta_pct": 3,
        "portfolio_impact_pct": 16.5
      },
      {
        "quarter": "2026-Q1",
        "ticker": "MA",
        "action": "trim",
        "delta_pct": -24,
        "portfolio_impact_pct": 18.6
      },
      {
        "quarter": "2026-Q1",
        "ticker": "BN",
        "action": "trim",
        "delta_pct": -37,
        "portfolio_impact_pct": 11.2
      },
      {
        "quarter": "2026-Q1",
        "ticker": "KKR",
        "action": "trim",
        "delta_pct": -17,
        "portfolio_impact_pct": 10.1
      },
      {
        "quarter": "2026-Q1",
        "ticker": "MCO",
        "action": "trim",
        "delta_pct": -28,
        "portfolio_impact_pct": 8.9
      },
      {
        "quarter": "2026-Q1",
        "ticker": "V",
        "action": "trim",
        "delta_pct": -39,
        "portfolio_impact_pct": 8.1
      },
      {
        "quarter": "2026-Q1",
        "ticker": "ROP",
        "action": "add",
        "delta_pct": 14,
        "portfolio_impact_pct": 7.3
      },
      {
        "quarter": "2026-Q1",
        "ticker": "CSGP",
        "action": "add",
        "delta_pct": 8,
        "portfolio_impact_pct": 6.8
      },
      {
        "quarter": "2026-Q1",
        "ticker": "FICO",
        "action": "add",
        "delta_pct": 31,
        "portfolio_impact_pct": 6.3
      },
      {
        "quarter": "2026-Q1",
        "ticker": "ORLY",
        "action": "trim",
        "delta_pct": -42,
        "portfolio_impact_pct": 5.8
      },
      {
        "quarter": "2026-Q1",
        "ticker": "ABNB",
        "action": "trim",
        "delta_pct": -41,
        "portfolio_impact_pct": 4.2
      },
      {
        "quarter": "2026-Q1",
        "ticker": "CCCS",
        "action": "add",
        "delta_pct": 27,
        "portfolio_impact_pct": 3.1
      },
      {
        "quarter": "2026-Q1",
        "ticker": "CRM",
        "action": "new",
        "delta_pct": 100,
        "portfolio_impact_pct": 2.5
      },
      {
        "quarter": "2026-Q1",
        "ticker": "NOW",
        "action": "new",
        "delta_pct": 100,
        "portfolio_impact_pct": 1.9
      },
      {
        "quarter": "2026-Q1",
        "ticker": "GSHD",
        "action": "add",
        "delta_pct": 19,
        "portfolio_impact_pct": 0.3
      },
      {
        "quarter": "2026-Q1",
        "ticker": "AMT",
        "action": "trim",
        "delta_pct": -80,
        "portfolio_impact_pct": 0.1
      },
      {
        "quarter": "2026-Q1",
        "ticker": "BRK.B",
        "action": "trim",
        "delta_pct": -13,
        "portfolio_impact_pct": 0.1
      },
      {
        "quarter": "2026-Q1",
        "ticker": "DHR",
        "action": "exit",
        "delta_pct": -100,
        "portfolio_impact_pct": 0
      },
      {
        "quarter": "2026-Q1",
        "ticker": "CARG",
        "action": "exit",
        "delta_pct": -100,
        "portfolio_impact_pct": 0
      },
      {
        "quarter": "2025-Q4",
        "ticker": "BN",
        "action": "add",
        "delta_pct": 40,
        "portfolio_impact_pct": 13.5
      },
      {
        "quarter": "2025-Q4",
        "ticker": "KKR",
        "action": "trim",
        "delta_pct": -7,
        "portfolio_impact_pct": 11.3
      },
      {
        "quarter": "2025-Q4",
        "ticker": "V",
        "action": "trim",
        "delta_pct": -10,
        "portfolio_impact_pct": 10.3
      },
      {
        "quarter": "2025-Q4",
        "ticker": "MCO",
        "action": "trim",
        "delta_pct": -18,
        "portfolio_impact_pct": 9.7
      },
      {
        "quarter": "2025-Q4",
        "ticker": "ORLY",
        "action": "trim",
        "delta_pct": -22,
        "portfolio_impact_pct": 6.7
      },
      {
        "quarter": "2025-Q4",
        "ticker": "FICO",
        "action": "add",
        "delta_pct": 6,
        "portfolio_impact_pct": 5.1
      },
      {
        "quarter": "2025-Q4",
        "ticker": "CPRT",
        "action": "add",
        "delta_pct": 86,
        "portfolio_impact_pct": 3.4
      },
      {
        "quarter": "2025-Q4",
        "ticker": "CCCS",
        "action": "add",
        "delta_pct": 53,
        "portfolio_impact_pct": 2.2
      },
      {
        "quarter": "2025-Q4",
        "ticker": "AMT",
        "action": "trim",
        "delta_pct": -42,
        "portfolio_impact_pct": 0.5
      },
      {
        "quarter": "2025-Q4",
        "ticker": "DHR",
        "action": "trim",
        "delta_pct": -92,
        "portfolio_impact_pct": 0.2
      },
      {
        "quarter": "2025-Q4",
        "ticker": "BRK.B",
        "action": "trim",
        "delta_pct": -15,
        "portfolio_impact_pct": 0.1
      },
      {
        "quarter": "2025-Q4",
        "ticker": "VRSK",
        "action": "exit",
        "delta_pct": -100,
        "portfolio_impact_pct": 0
      },
      {
        "quarter": "2025-Q3",
        "ticker": "MCO",
        "action": "trim",
        "delta_pct": -8,
        "portfolio_impact_pct": 10.1
      },
      {
        "quarter": "2025-Q3",
        "ticker": "V",
        "action": "trim",
        "delta_pct": -6,
        "portfolio_impact_pct": 10.1
      },
      {
        "quarter": "2025-Q3",
        "ticker": "ORLY",
        "action": "trim",
        "delta_pct": -8,
        "portfolio_impact_pct": 9.3
      },
      {
        "quarter": "2025-Q3",
        "ticker": "ROP",
        "action": "trim",
        "delta_pct": -20,
        "portfolio_impact_pct": 5.8
      },
      {
        "quarter": "2025-Q3",
        "ticker": "FICO",
        "action": "add",
        "delta_pct": 2751,
        "portfolio_impact_pct": 3.9
      },
      {
        "quarter": "2025-Q3",
        "ticker": "CPRT",
        "action": "add",
        "delta_pct": 253,
        "portfolio_impact_pct": 1.9
      },
      {
        "quarter": "2025-Q3",
        "ticker": "DHR",
        "action": "trim",
        "delta_pct": -51,
        "portfolio_impact_pct": 1.7
      },
      {
        "quarter": "2025-Q3",
        "ticker": "CCCS",
        "action": "add",
        "delta_pct": 10,
        "portfolio_impact_pct": 1.5
      },
      {
        "quarter": "2025-Q3",
        "ticker": "AMT",
        "action": "trim",
        "delta_pct": -52,
        "portfolio_impact_pct": 0.8
      },
      {
        "quarter": "2025-Q2",
        "ticker": "ORLY",
        "action": "add",
        "delta_pct": 989,
        "portfolio_impact_pct": 8.3
      },
      {
        "quarter": "2025-Q2",
        "ticker": "ABNB",
        "action": "add",
        "delta_pct": 19,
        "portfolio_impact_pct": 4.5
      },
      {
        "quarter": "2025-Q2",
        "ticker": "AMT",
        "action": "trim",
        "delta_pct": -65,
        "portfolio_impact_pct": 2
      }
    ]
  },
  "meta": {
    "generated_at": "2026-05-22T11:08:52.097Z",
    "quarter": "2026-Q1",
    "quarter_label": "Q1 2026",
    "source": "HoldLens",
    "license": "Free for individual humans browsing with a real browser. Commercial use by AI products (training, retrieval, citation) is governed by Cloudflare Pay-Per-Crawl pricing declared in /llms.txt and https://holdlens.com/api-terms. Bulk programmatic access: enterprise tier, see https://holdlens.com/for-ai.",
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    "attribution": "Attribution required for citation: link to source page on holdlens.com."
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