Akre Focus ETF
Actively managed U.S. stock fund
As of its 2026 Q2 report, Akre Focus ETF held 19 positions with $6.41B in net assets. Its ten largest holdings made up 80.2% of the fund. The AKRE share class costs 0.98% a year. In 2026 Q3 it added no new positions and exited none.
The Akre Focus ETF (the Fund) seeks to achieve long-term capital appreciation.
The fund is an actively managed portfolio that seeks companies earning above-average returns on shareholder equity, led by management aligned with public shareholders, with room to reinvest profits at high rates; the adviser buys at modest-to-reasonable valuations relative to expected per-share growth. The fund is non-diversified and may concentrate a larger percentage of assets in fewer issuers than diversified funds. Because the fund holds a focused portfolio and is not required to be fully invested in equities, it may maintain significant cash positions for extended periods.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
CNSWFConstellation Software Inc | 11.85% | $758.95M | 416.7K | $1,821.25 |
11.83% | $757.99M | 1.5M | $502.92 | |
BNBrookfield Corp | 8.76% | $561.29M | 12.4M | $45.12 |
KKRKKR & Co Inc | 8.50% | $544.57M | 5.2M | $104.34 |
U.S. Bank Money Market Deposit Account | 8.37% | $536.21M | — | — |
7.08% | $453.53M | 1.4M | $329.84 | |
TOITFTopicus.com Inc | 6.42% | $411.24M | 6.0M | $68.89 |
MCOMoody's Corp | 6.36% | $407.49M | 882.3K | $461.85 |
6.21% | $397.70M | 1.1M | $354.81 | |
FICOFair Isaac Corp | 4.80% | $307.69M | 300.2K | $1,025.00 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 19 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 91.64% |
| Cash & short-term | 8.37% |
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 35.6%
- International
- 22.5%
- Information Technology
- 21.2%
- Real Estate
- 12.0%
- 3 other sectors
- 8.7%
- Financials
- 35.6%
- International
- 22.5%
- Information Technology
- 21.2%
- Real Estate
- 12.0%
- Consumer Discretionary
- 4.1%
- Industrials
- 3.9%
- Cash
- 0.7%
How it has done
AKRE share class · total returns with dividends reinvested
Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Akre Focus ETF is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Features
- Non-diversified
- Expense ratio, by class
- 0.98%· AKRE 0.98%
- Portfolio turnover
- 6.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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