Akre Capital Management Trims Portfolio, Boosts Stakes in CoStar and ServiceNow

Akre Capital Management's Q2 2026 13F portfolio saw significant changes with a total value of around $5.12 billion, consisting of 19 positions.

The biggest concentration in terms of assets was in Mastercard (MA), Moody's (MCO), Brookfield (BN), KKR, and FICO.

Akre's aggressive gain harvesting and portfolio rebalancing led to major stake reductions in several companies, including Mastercard, Moody's, Brookfield, KKR, Visa, O'Reilly, and Airbnb.

This strategy is part of the fund's ongoing focus on high-quality, scalable business models and disciplined capital allocation.