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Affiance Financial Bets $43 Million on Chuck Akre's "Compounding Machines" ETF
Yahoo Finance· 2026-02-01 22:21
Core Insights - Affiance Financial initiated a new position in the Akre Focus ETF, acquiring 656,658 shares valued at approximately $43.02 million based on quarterly average pricing [1][2] Company Overview - The Akre Focus ETF is focused on long-term capital appreciation through a concentrated portfolio of U.S. and select international equities, emphasizing business quality and sustainable growth [6] - As of January 21, 2026, the ETF's price was $61.41, with net assets totaling $9.37 billion, and it operates within the Financial Services sector, specifically in Asset Management [4] Investment Strategy - The fund employs a disciplined investment process that allows for the identification and holding of companies with strong fundamentals and attractive reinvestment prospects [6] - The Akre Focus ETF's competitive advantage lies in its rigorous stock selection and the ability to adapt allocations across various equity instruments to optimize risk-adjusted returns [6] Affiance Financial's Positioning - The new position in the Akre Focus ETF represents 6.92% of Affiance Financial's 13F reportable assets under management as of December 31, 2025 [7] - Following this acquisition, the top holdings of Affiance Financial include VOO, AGG, VTI, and AKRE, with AKRE now representing around 7% of the portfolio [7][9]