Canal Capital Management, LLC disclosed a new position in Akre Focus ETF, acquiring 175,232 shares worth $11.5 million, accounting for 1.6% of its assets under management as of the fourth quarter. The ETF’s top holdings include ODFL, AAPL, MSFT, LQD, and AVGO. Shares of AKRE were priced at $66.59 on Jan. 6.

Akre Focus ETF pursues high returns on capital with a concentrated portfolio strategy. Canal Capital Management’s investment accounted for 1.6% of its equity assets under management. The ETF’s 10 largest holdings make up over 81% of its assets, including Mastercard, Brookfield, and KKR.

In 2025, Akre Focus ETF underperformed the S&P 500, with a 1.1% return compared to the index’s 17.9%. The ETF’s 10-year total return of 13.8% lagged the S&P 500 by over 1 percentage point. Canal Capital’s investment reflects confidence in the ETF’s strategy and potential for growth.

Assets under management (AUM) represent total market value managed by a firm. ETFs are investment funds traded on stock exchanges. Concentrated investment strategies focus on a small number of securities. Convertible securities can be exchanged for common stock. Warrants allow purchasing stock at a set price.

Institutional investors like Canal Capital seek to add alpha by making strategic investment decisions based on their investment thesis. A REIT is a company investing in income-producing real estate. Understanding these terms can help investors make informed decisions about where to allocate their funds.

Read more at Nasdaq: Canal Capital Management adds Akre Focus ETF