Chuck Akre
Akre Capital Management · 三脚凳框架：商业质量、管理层、再投资 runway
Akre Capital Management 的核心价值在于高度可操作的 compounder 框架，Chuck Akre 的三条腿模型把商业质量、管理层和再投资空间放在同等重要的位置。最值得看的是 Akre letters、Focus Fund 材料和长期持仓中的资本回报率、再投资 runway 变化。
| 股票 | 股数 | 市值 | 权重 |
|---|---|---|---|
MA
|
2,281,106 | $1.1B | 18.6% |
BN
|
17,027,077 | $689.1M | 11.2% |
KKR
|
6,718,078 | $621.4M | 10.1% |
MCO
|
1,246,114 | $543.6M | 8.9% |
V
|
1,638,798 | $495.3M | 8.1% |
ROP
|
1,257,232 | $444.9M | 7.3% |
CSGP
|
10,348,273 | $417.4M | 6.8% |
FICO
|
363,765 | $388.3M | 6.3% |
ORLY
|
3,885,813 | $358.7M | 5.8% |
CPRT
|
7,998,938 | $265.6M | 4.3% |
ABNB
|
2,034,473 | $256.9M | 4.2% |
CCC
|
31,513,070 | $189.1M | 3.1% |
CRM
|
717,799 | $134.0M | 2.2% |
NOW
|
1,096,099 | $114.6M | 1.9% |
GSHD
|
443,385 | $18.9M | 0.3% |
SOPH
|
3,719,140 | $18.4M | 0.3% |
AMT
|
50,772 | $8.8M | 0.1% |
| 股票 | 动作 | 13F 时间 | 当前股数 | 上期股数 | 股数变化 | 13F市值变化 |
|---|---|---|---|---|---|---|
|
MA
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 2,281,106 | 3,005,280 | -24.1% | -$575.9M |
|
BN
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 17,027,077 | 26,843,633 | -36.6% | -$542.8M |
|
V
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 1,638,798 | 2,676,628 | -38.8% | -$443.4M |
|
KKR
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 6,718,078 | 8,106,049 | -17.1% | -$411.9M |
|
MCO
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 1,246,114 | 1,735,231 | -28.2% | -$342.8M |
|
ORLY
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 3,885,813 | 6,719,819 | -42.2% | -$254.2M |
|
CSGP
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 10,348,273 | 9,617,805 | 7.6% | -$229.3M |
|
ABNB
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 2,034,473 | 3,473,243 | -41.4% | -$214.5M |
|
CRM
|
新增 | 2026-03-31 披露 2026-05-14 | 717,799 | 0 | - | +$134.0M |
|
NOW
|
新增 | 2026-03-31 披露 2026-05-14 | 1,096,099 | 0 | - | +$114.6M |
|
FICO
|
大幅增持 | 2026-03-31 披露 2026-05-14 | 363,765 | 277,445 | 31.1% | -$80.7M |
|
ROP
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 1,257,232 | 1,105,153 | 13.8% | -$47.1M |
|
CPRT
|
小幅增持 | 2026-03-31 披露 2026-05-14 | 7,998,938 | 7,867,967 | 1.7% | -$42.5M |
|
AMT
|
大幅减持 | 2026-03-31 披露 2026-05-14 | 50,772 | 255,267 | -80.1% | -$36.1M |
DHR
|
清仓 | 2026-03-31 披露 2026-05-14 | 0 | 69,516 | -100.0% | -$15.9M |
|
GSHD
|
大幅增持 | 2026-03-31 披露 2026-05-14 | 443,385 | 371,096 | 19.5% | -$8.4M |
|
CCC
|
大幅增持 | 2026-03-31 披露 2026-05-14 | 31,513,070 | 24,836,984 | 26.9% | -$8.4M |
|
ORLY
|
大幅减持 | 2025-12-31 披露 2026-02-13 | 6,719,819 | 8,612,428 | -22.0% | -$315.6M |
|
DHR
|
大幅减持 | 2025-12-31 披露 2026-02-13 | 69,516 | 874,831 | -92.1% | -$157.5M |
|
CSGP
|
小幅增持 | 2025-12-31 披露 2026-02-13 | 9,617,805 | 9,306,485 | 3.3% | -$138.5M |
|
MCO
|
大幅减持 | 2025-12-31 披露 2026-02-13 | 1,735,231 | 2,118,949 | -18.1% | -$123.2M |
|
CPRT
|
大幅增持 | 2025-12-31 披露 2026-02-13 | 7,867,967 | 4,236,760 | 85.7% | +$117.5M |
|
KKR
|
小幅减持 | 2025-12-31 披露 2026-02-13 | 8,106,049 | 8,713,264 | -7.0% | -$98.9M |
|
BN
|
大幅增持 | 2025-12-31 披露 2026-02-13 | 26,843,633 | 19,215,941 | 39.7% | -$86.0M |
|
ROP
|
小幅减持 | 2025-12-31 披露 2026-02-13 | 1,105,153 | 1,156,673 | -4.5% | -$84.9M |
|
MA
|
小幅减持 | 2025-12-31 披露 2026-02-13 | 3,005,280 | 3,155,594 | -4.8% | -$79.3M |
|
FICO
|
小幅增持 | 2025-12-31 披露 2026-02-13 | 277,445 | 260,849 | 6.4% | +$78.7M |
|
V
|
小幅减持 | 2025-12-31 披露 2026-02-13 | 2,676,628 | 2,973,760 | -10.0% | -$76.5M |
|
CCC
|
大幅增持 | 2025-12-31 披露 2026-02-13 | 24,836,984 | 16,270,128 | 52.7% | +$49.2M |
|
AMT
|
大幅减持 | 2025-12-31 披露 2026-02-13 | 255,267 | 442,843 | -42.4% | -$40.4M |
|
GSHD
|
小幅增持 | 2025-12-31 披露 2026-02-13 | 371,096 | 366,125 | 1.4% | +$84,198 |
|
FICO
|
大幅增持 | 2025-09-30 披露 2025-11-13 | 260,849 | 9,148 | 2751.4% | +$373.6M |
|
ROP
|
大幅减持 | 2025-09-30 披露 2025-11-13 | 1,156,673 | 1,439,468 | -19.6% | -$239.1M |
|
DHR
|
大幅减持 | 2025-09-30 披露 2025-11-13 | 874,831 | 1,775,400 | -50.7% | -$177.3M |
|
MCO
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 2,118,949 | 2,305,424 | -8.1% | -$146.7M |
|
CPRT
|
大幅增持 | 2025-09-30 披露 2025-11-13 | 4,236,760 | 1,200,000 | 253.1% | +$131.6M |
|
BN
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 19,215,941 | 19,219,290 | -0.0% | +$129.1M |
|
AMT
|
大幅减持 | 2025-09-30 披露 2025-11-13 | 442,843 | 915,249 | -51.6% | -$117.1M |
|
V
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 2,973,760 | 3,175,240 | -6.3% | -$112.2M |
|
ORLY
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 8,612,428 | 9,410,714 | -8.5% | +$80.3M |
|
MA
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 3,155,594 | 3,295,286 | -4.2% | -$56.8M |
|
KKR
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 8,713,264 | 8,847,564 | -1.5% | -$44.7M |
|
CSGP
|
小幅减持 | 2025-09-30 披露 2025-11-13 | 9,306,485 | 9,309,232 | -0.0% | +$36.7M |
|
CCC
|
小幅增持 | 2025-09-30 披露 2025-11-13 | 16,270,128 | 14,770,128 | 10.2% | +$9.2M |
Akre Funds 官方资料提供 Akre Focus Fund 年报、半年报和股东材料，是跟踪 Chuck Akre 质量复利框架的主要公开来源。
Chuck Akre 公开访谈系统解释 three-legged stool 框架，即优秀生意、优秀管理层和可再投资现金流。