Cross Staff Loads Up on 289,000 Shares of AKRE

Company Overview - Akre Focus ETF is an actively-managed fund that offers a diversified portfolio of U.S. equities, including common and preferred stocks, REITs, partnership interests, and convertible securities [4] - The fund employs a disciplined, quality-focused investment strategy, concentrating on U.S. companies with strong shareholder returns and proven management [5] - As of February 27, 2026, the fund's price was $56.14, with an AUM of $8.42 billion [3] Recent Developments - Cross Staff Investments Inc established a new position in Akre Focus ETF by purchasing 289,630 shares valued at approximately $18.97 million, representing 10.45% of the fund's 13F reportable AUM as of December 31, 2025 [1][2] - The top five holdings after the filing include significant investments in companies like Costco, Apple, Berkshire Hathaway, and Amazon [8] Performance Metrics - As of February 28, 2026, shares of Akre Focus ETF were priced at $56.14, reflecting a decline of 20.61% over the past year and underperforming the S&P 500 by 37.97 percentage points [2][10] - The fund has historically outperformed the S&P 500 since its launch in 2009, but has faced challenges in recent years, with a price drop of over 20% in the last 12 months [10] Investment Strategy - The ETF's competitive edge lies in its rigorous selection process and dynamic capital allocation, allowing for the sale of positions when valuations become excessive or better opportunities arise [6] - The fund requires that no more than 25% of assets be allocated to a single stock and no more than 35% to international stocks, although it remains concentrated with under 20 holdings [9]