Akre Capital Management 13F holdings, Q3 2003
Holdings as of September 30, 2003 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 52 US equity positions worth $361.1m in its Q3 2003 13F filing. The largest position was American Tower A at 14.3% of the reported book, followed by MKL and PENN. Against the Q2 2003 filing, it opened 23 new positions, added to 5 and reduced 9 among the top 50 holdings.
What did Akre Capital Management own in Q3 2003? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2003 |
|---|---|---|---|---|---|---|---|
| 1 | American Tower A | 14.3% | $51.6m | 5,087,650 | 28% | added | |
| 2 | MKL Markel Corporation | Financial Services | 13.0% | $46.8m | 175,394 | 6% | added |
| 3 | PENN Penn National Gaming | Consumer Cyclical | 11.1% | $40.2m | 1,886,340 | -1% | reduced |
| 4 | Multimedia Games | 6.0% | $21.8m | 600,050 | – | new | |
| 5 | Americredit | 4.7% | $17.1m | 1,663,200 | 12% | added | |
| 6 | KMX CarMax | Consumer Cyclical | 3.7% | $13.3m | 407,000 | – | new |
| 7 | UNM Unum Corp | Financial Services | 3.5% | $12.7m | 861,000 | – | new |
| 8 | Platinum Underwriter | 3.1% | $11.2m | 400,000 | – | new | |
| 9 | Alliance Gaming | 3.0% | $10.8m | 530,275 | 0% | held | |
| 10 | PREJF PartnersRe Ltd | 2.8% | $10.1m | 200,000 | – | new | |
| 11 | Intl. Speedway B | 2.7% | $9.9m | 224,890 | -4% | reduced | |
| 12 | AES AES Inc | Utilities | 2.6% | $9.2m | 1,242,145 | 27% | added |
| 13 | Global Imaging Systems | 2.5% | $8.9m | 361,000 | – | new | |
| 14 | BRK/A Berkshire Hathaway A | 2.1% | $7.6m | 101 | -18% | reduced | |
| 15 | Hilb, Rogal, & Hamilton | 1.9% | $6.8m | 220,000 | – | new | |
| 16 | TOL Toll Brothers | Consumer Cyclical | 1.7% | $6.1m | 200,000 | – | new |
| 17 | Ryland Homes | 1.6% | $5.8m | 80,000 | – | new | |
| 18 | Penn Virginia Corp | 1.4% | $5.1m | 115,700 | – | new | |
| 19 | Intl. Speedway A | 1.4% | $5.1m | 115,599 | -25% | reduced | |
| 20 | MCRI Monarch Casinos | Consumer Cyclical | 1.2% | $4.5m | 402,700 | – | new |
| 21 | LNWO Scientific Games | Consumer Cyclical | 1.2% | $4.2m | 367,200 | 0% | held |
| 22 | Citigroup | 1.1% | $4.1m | 89,010 | -2% | reduced | |
| 23 | Kaneb Services | 1.1% | $3.9m | 144,600 | – | new | |
| 24 | Burke & Herbert Bank | 0.9% | $3.4m | 1,678 | 0% | held | |
| 25 | Fed. Home Loan Mtg | 0.9% | $3.3m | 62,692 | -22% | reduced | |
| 26 | Dover Motorsports, Inc | 0.9% | $3.2m | 856,709 | -1% | reduced | |
| 27 | COKE Coca Cola Bottling | Consumer Defensive | 0.8% | $3.0m | 60,000 | – | new |
| 28 | AMC Entertainment | 0.8% | $3.0m | 224,000 | 0% | held | |
| 29 | Sprint PCS | 0.8% | $2.9m | 500,000 | – | new | |
| 30 | WFC Wells Fargo | Financial Services | 0.8% | $2.7m | 53,048 | -8% | reduced |
| 31 | Berkshire Hathaway B | 0.7% | $2.6m | 1,038 | -4% | reduced | |
| 32 | Beazer Homes | 0.7% | $2.5m | 30,000 | – | new | |
| 33 | DHI DR Horton | Consumer Cyclical | 0.7% | $2.4m | 74,600 | 0% | held |
| 34 | American Woodmark | 0.6% | $2.2m | 50,000 | – | new | |
| 35 | Bank of New York | 0.5% | $1.9m | 66,917 | 0% | held | |
| 36 | Shuffle Master | 0.5% | $1.9m | 70,000 | 0% | held | |
| 37 | Mark West Hydro | 0.5% | $1.9m | 255,390 | – | new | |
| 38 | BCPC Balchem Corp | Basic Materials | 0.2% | $814.0k | 40,000 | 0% | held |
| 39 | White Mountain | 0.2% | $794.0k | 2,000 | – | new | |
| 40 | Regal Entertainment | 0.2% | $744.0k | 40,000 | – | new | |
| 41 | Allmerica Financial | 0.2% | $660.0k | 27,700 | – | new | |
| 42 | CB Chubb Corp | Financial Services | 0.2% | $649.0k | 10,000 | – | new |
| 43 | Micros Systems Inc | 0.2% | $644.0k | 18,850 | 0% | held | |
| 44 | Int'l Gaming Tech | 0.2% | $636.0k | 22,580 | 300% | added | |
| 45 | Entertainment Properties Trust | 0.2% | $624.0k | 20,800 | 0% | held | |
| 46 | First Data Corp | 0.1% | $400.0k | 10,000 | 0% | held | |
| 47 | Corus Bancshares | 0.1% | $374.0k | 7,000 | 0% | held | |
| 48 | CSX CSX Corporation | Industrials | 0.1% | $278.0k | 9,518 | 0% | held |
| 49 | DelMonte Foods | 0.1% | $261.0k | 30,000 | – | new | |
| 50 | PDS Gaming | 0.0% | $165.0k | 106,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.