Akre Capital uses an investment strategy called the “three-legged stool” approach, describing what the Middleburg, Virginia-based company looks for in an investment:

• Extraordinary business
• Talented management
• Great reinvestment opportunities and histories.

When Akre, founded by CEO Charles T. “Chuck” Akre, finds a business that satisfies all three of its requirements, it is referred to as a “compounding machine.”

Here are two dividend stocks Akre increased its stake in, which could become the next “compounding machines.”

See Also: This Hedge Funder With Over $197B Under Management Just Increased His Stake In 2 High Yielding ETFs

Akre Capital Management was launched in 1989. Chuck Akre has spent 21 years in the securities business at NYSE member firm Johnston Lemon & Co.

At the NYSE-member firm, Akre managed various parts of the business, including branch management, research and asset management.

Akre is also Akre Capital's chief investment officer. The firm touts approximately $14.9 billion in private funds, mutual fund (Akre Focus Fund), and separately managed account assets as of Nov. 30, 2022.

Photo William Potter via Shutterstock