Chuck Akre recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. At Johnston, Lemon & Co., he managed various parts of the business, including branch management, research and asset management. Beginning in June of 1993, Akre operated the firm under the umbrella of Friedman, Billings, Ramsey & Co. Taking the business private again in 2000, he moved the firm to the rural village of Middleburg, Virginia.
As of the latest 13F report, the guru’s equity portfolio contained 21 stocks valued at a total of $11.07Bil. The top holdings were MA(18.44%), MCO(14.36%), and AMT(13.39%).
According to GuruFocus data, these were Chuck Akre (Trades, Portfolio)’s top five trades of the quarter.
Salesforce Inc
The guru sold out of their 3,095,500-share investment in NYSE:CRM. Previously, the stock had a 3.93% weight in the equity portfolio. Shares traded for an average price of $145.92 during the quarter.
On 02/13/2023, Salesforce Inc traded for a price of $170.49 per share and a market cap of $170.49Bil. The stock has returned -18.01% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Salesforce Inc has a price-earnings ratio of 608.89, a price-book ratio of 2.85, a price-earnings-to-growth (PEG) ratio of 22.80, a EV-to-Ebitda ratio of 40.41 and a price-sales ratio of 5.60.
The price-to-GF Value ratio is 0.60, earning the stock a GF Value rank of 8.
Verisk Analytics Inc
Chuck Akre (Trades, Portfolio) reduced their investment in NAS:VRSK by 2,425,310 shares. The trade had a 3.65% impact on the equity portfolio. During the quarter, the stock traded for an average price of $175.72.
On 02/13/2023, Verisk Analytics Inc traded for a price of $178.8655 per share and a market cap of $27.97Bil. The stock has returned -6.52% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Verisk Analytics Inc has a price-earnings ratio of 27.77, a price-book ratio of 14.11, a price-earnings-to-growth (PEG) ratio of 3.47, a EV-to-Ebitda ratio of 17.63 and a price-sales ratio of 9.47.
The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 7.
O'Reilly Automotive Inc
Chuck Akre (Trades, Portfolio) reduced their investment in NAS:ORLY by 289,263 shares. The trade had a 1.79% impact on the equity portfolio. During the quarter, the stock traded for an average price of $806.52.
On 02/13/2023, O'Reilly Automotive Inc traded for a price of $846.71 per share and a market cap of $52.80Bil. The stock has returned 26.60% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, O'Reilly Automotive Inc has a price-earnings ratio of 25.28, a price-earnings-to-growth (PEG) ratio of 1.27, a EV-to-Ebitda ratio of 17.46 and a price-sales ratio of 3.84.
The price-to-GF Value ratio is 1.12, earning the stock a GF Value rank of 5.
Snowflake Inc
The guru sold out of their 1,000,000-share investment in NYSE:SNOW. Previously, the stock had a 1.5% weight in the equity portfolio. Shares traded for an average price of $152.57 during the quarter.
On 02/13/2023, Snowflake Inc traded for a price of $163.095 per share and a market cap of $52.45Bil. The stock has returned -44.06% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 2 out of 10.
In terms of valuation, Snowflake Inc has a price-book ratio of 9.69, a EV-to-Ebitda ratio of -66.41 and a price-sales ratio of 27.72.
CarMax Inc
Chuck Akre (Trades, Portfolio) reduced their investment in NYSE:KMX by 2,062,000 shares. The trade had a 1.2% impact on the equity portfolio. During the quarter, the stock traded for an average price of $64.2.
On 02/13/2023, CarMax Inc traded for a price of $74.87 per share and a market cap of $11.83Bil. The stock has returned -30.80% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, CarMax Inc has a price-earnings ratio of 20.97, a price-book ratio of 2.16, a price-earnings-to-growth (PEG) ratio of 1.53, a EV-to-Ebitda ratio of 21.25 and a price-sales ratio of 0.37.
The price-to-GF Value ratio is 0.47, earning the stock a GF Value rank of 4.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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