Value investor Chuck Akre's firm, Akre Capital Management, significantly reduced its holding in Brookfield Corp. during the second quarter of 2026. According to its latest 13F filing, the firm sold 4.9 million shares, a reduction of 28.82%, bringing its total position down to 12.12 million shares. The estimated value of the shares sold is approximately $209 million, with the market value of the remaining stake reported at $516.19 million.
This trade information was disclosed on August 14 in a filing that reflects portfolio changes during the quarter that ended on June 30, 2026. Despite the large disposition, Brookfield remains a top-three position for the fund, with its portfolio weight decreasing modestly from 11.23% to 10.08%. The firm did not publicly comment on its motive for the trade.