AKRE CAPITAL MANAGEMENT LLC Information

2 WEST MARSHALL STREET, MIDDLEBURG, Virginia, 20117, (540) 687-3880

Report Date: 09/30/2014

Position Statistics

Total Positions 41
New Positions 1
Increased Positions 11
Decreased Positions 12
Positions with Activity 23
Sold Out Positions 2
Total Mkt Value (in $ millions) 3,847

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.06%
Capital Goods 7.32%
Conglomerates
Consumer Cyclical 4.15%
Consumer/Non-Cyclical
Energy 0.05%
Financial 33.59%
Healthcare
Services 43.16%
Technology 11.63%
Transportation 0.04%
Utilities 0.01%

12 DECREASED Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AMERICAN TOWER CORP NEW COM 404,348 -727 (0.18) 4,017,371
MASTERCARD INC CL A 374,459 -492 (0.13) 4,273,180
MOODYS CORP COM 341,093 -155 (0.05) 3,480,545
DISCOVERY COMMUNICATNS NEW COM SER C 196,046 -141 (0.07) 5,732,340
O REILLY AUTOMOTIVE INC NEW COM 159,481 -716 (0.45) 817,598
ENSTAR GROUP LIMITED SHS 75,997 -496 (0.65) 495,484
BERKSHIRE HATHAWAY INC DEL CL B NEW 46,766 -369 (0.78) 308,180
HARTFORD FINL SVCS GROUP INC COM 12,933 -375 (2.82) 306,101
LEUCADIA NATL CORP COM 2,260 -715 (24.05) 99,500
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 466 -46,788 (99.02) 6,965
LIBERTY INTERACTIVE CORP LBT VENT COM A -6,818 Sold Out 0
LIBERTY TRIPADVISOR HLDGS INC COM SER A -4,853 Sold Out 0