Chuck Akre acquired 2.44 Million Moody`s shares worth $1.19 Billion. That's 12.41% of their entire equity portfolio (2nd largest holding). The investor owns 1.35% of the outstanding Moody`s stock. The first Moody`s trade was made in Q1 2012. Since then Chuck Akre bought shares 23 more times and sold shares on 26 occasions. The stake costed the investor $202 Million, netting the investor a gain of 490% so far.
Akre Capital Management''s 13F portfolio value declined by 4% in Q3 2023, with top holdings including MasterCard, Moody''s, and Visa. Click here for more.
Akre Capital Management Trims Moody''s, O''Reilly in 2nd Quarter