Is KKR & Co. Inc. (KKR) the Top Stock to Buy According to Akre Capital Management?
From Yahoo Finance: 2025-03-29 16:35:00
Akre Capital Management focuses on exceptional businesses, strong management, and reinvestment strategies. They aim to compound capital at above-average rates with lower risk. Chuck Akre’s leadership has been key to the firm’s success, emphasizing a long-term investment approach. As of Q4 2024, Akre Capital manages $11.56 billion in 13F securities.
KKR & Co. Inc. (NYSE:KKR) reported mixed Q4 performance, with AUM rising 15% to $638 billion, slightly below projections. Net income surged 33% to $1.19 billion, exceeding estimates. KKR aims to surpass $1 trillion in assets in five years and expand stakes in companies like USI Insurance Services and 1-800 Contacts.
Akre Capital Management holds over 10 million shares of KKR & Co. Inc. (NYSE:KKR), valued at $1.5 billion in Q4 2024. Hedge fund interest in KKR increased, with 83 out of 1,009 funds holding positions worth nearly $5.33 billion by the end of the quarter. KKR ranks 2nd on Akre Capital’s list of top stocks to buy.
In the world of investing, Akre Capital Management is known for its disciplined approach. Chuck Akre, the firm’s founder, has over five decades of experience in the field. Akre Capital’s strategy focuses on compounding capital at superior rates while mitigating risks. The firm’s long-term investment philosophy sets it apart from others in the industry.
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