Akre Focus Institutional Shares (NASDAQ: AKRIX) is the institutional share class of the Akre Focus Fund, an open-end, diversified equity investment vehicle managed by Akre Capital Management LLC. The fund concentrates its portfolio in a relatively small number of high-conviction holdings, seeking to invest in companies that exhibit durable competitive advantages, strong free cash flow generation and capable management teams. Its bottom-up, fundamental research process aims to identify mispriced securities of non-utility businesses across sectors that can deliver long-term capital appreciation.
The fund generally targets U.S. and, to a lesser extent, international equity markets, with flexibility to allocate among large-cap and mid-cap companies. By focusing on enduring business franchises and management quality rather than short-term market trends, Akre Focus Institutional Shares aims to build a concentrated portfolio of businesses poised for sustainable growth. The strategy may employ an absolute valuation framework to assess downside risk and maintain a disciplined approach to position sizing.
Akre Capital Management, founded in 1989 by Steve Akre and based in Richmond, Virginia, oversees the fund’s investment activities. Leadership is provided by Brent J. Taylor, CFA, President and Chief Investment Officer, who leads a team of portfolio analysts and traders. The firm’s boutique structure emphasizes alignment of interests with institutional and retirement-plan investors, supporting a long-term, patient investment philosophy grounded in independent fundamental analysis.
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