Akre Capital Management 13F holdings, Q4 2003
Holdings as of December 31, 2003 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 52 US equity positions worth $422.9m in its Q4 2003 13F filing. The largest position was American Tower A at 13.0% of the reported book, followed by MKL and PENN. Against the Q3 2003 filing, it opened 4 new positions, added to 16 and reduced 2 among the top 50 holdings.
What did Akre Capital Management own in Q4 2003? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2003 |
|---|---|---|---|---|---|---|---|
| 1 | American Tower A | 13.0% | $55.2m | 5,099,050 | 0% | held | |
| 2 | MKL Markel Corporation | Financial Services | 11.5% | $48.7m | 192,069 | 10% | added |
| 3 | PENN Penn National Gaming | Consumer Cyclical | 10.3% | $43.6m | 1,887,340 | 0% | held |
| 4 | Americredit | 6.3% | $26.7m | 1,673,200 | 1% | added | |
| 5 | Multimedia Games | 5.9% | $25.1m | 611,300 | 2% | added | |
| 6 | UNM Unum Corp | Financial Services | 3.2% | $13.6m | 861,000 | 0% | held |
| 7 | Alliance Gaming | 3.1% | $13.1m | 530,275 | 0% | held | |
| 8 | KMX CarMax Inc | Consumer Cyclical | 3.0% | $12.6m | 407,125 | 0% | held |
| 9 | Platinum Underwriter | 2.8% | $12.0m | 400,000 | 0% | held | |
| 10 | AES AES Inc | Utilities | 2.8% | $11.8m | 1,251,320 | 1% | added |
| 11 | PREJF PartnersRe Ltd | 2.7% | $11.6m | 200,000 | 0% | held | |
| 12 | Global Imaging Systems | 2.7% | $11.5m | 361,000 | 0% | held | |
| 13 | DHI DR Horton | Consumer Cyclical | 2.6% | $10.8m | 250,000 | 235% | added |
| 14 | Intl. Speedway B | 2.4% | $10.0m | 224,500 | -0% | held | |
| 15 | Hilb, Rogal, & Hamilton | 2.1% | $9.0m | 280,850 | 28% | added | |
| 16 | MCRI Monarch Casinos | Consumer Cyclical | 2.0% | $8.6m | 782,955 | 94% | added |
| 17 | BRK/A Berkshire Hathaway A | 2.0% | $8.6m | 102 | 1% | added | |
| 18 | TOL Toll Brothers | Consumer Cyclical | 1.9% | $8.0m | 200,000 | 0% | held |
| 19 | Ryland Homes | 1.7% | $7.1m | 80,000 | 0% | held | |
| 20 | Penn Virginia Corp | 1.5% | $6.4m | 115,700 | 0% | held | |
| 21 | Sprint PCS | 1.3% | $5.6m | 991,500 | 98% | added | |
| 22 | Intl. Speedway A | 1.2% | $5.2m | 115,544 | -0% | held | |
| 23 | Kaneb Services | 1.1% | $4.6m | 144,600 | 0% | held | |
| 24 | Citigroup | 1.0% | $4.4m | 90,668 | 2% | added | |
| 25 | American Woodmark | 0.9% | $3.9m | 71,500 | 43% | added | |
| 26 | Fed. Home Loan Mtg | 0.9% | $3.7m | 63,890 | 2% | added | |
| 27 | Burke & Herbert Bank | 0.9% | $3.6m | 1,731 | 3% | added | |
| 28 | AMC Entertainment | 0.8% | $3.4m | 224,000 | 0% | held | |
| 29 | COKE Coca Cola Bottling | Consumer Defensive | 0.8% | $3.2m | 60,000 | 0% | held |
| 30 | WFC Wells Fargo | Financial Services | 0.7% | $3.1m | 53,048 | 0% | held |
| 31 | Berkshire Hathaway B | 0.7% | $3.1m | 1,086 | 5% | added | |
| 32 | Dover Motorsports, Inc | 0.7% | $3.0m | 851,494 | -1% | reduced | |
| 33 | Beazer Homes | 0.7% | $2.9m | 30,000 | 0% | held | |
| 34 | Mark West Hydro | 0.7% | $2.8m | 249,990 | -2% | reduced | |
| 35 | Shuffle Master | 0.6% | $2.4m | 70,000 | 0% | held | |
| 36 | Bank of New York | 0.5% | $2.2m | 66,922 | 0% | held | |
| 37 | Fidelity National Financial In | 0.5% | $1.9m | 50,000 | – | new | |
| 38 | PMA Capital Corporation | 0.4% | $1.5m | 300,000 | – | new | |
| 39 | SCI Service Corporation Internatio | Consumer Cyclical | 0.3% | $1.1m | 200,000 | – | new |
| 40 | Int'l Gaming Tech | 0.2% | $985.0k | 27,580 | 22% | added | |
| 41 | White Mountain | 0.2% | $920.0k | 2,000 | 0% | held | |
| 42 | Allmerica Financial | 0.2% | $852.0k | 27,700 | 0% | held | |
| 43 | Regal Entertainment | 0.2% | $821.0k | 40,000 | 0% | held | |
| 44 | Micros Systems Inc | 0.2% | $817.0k | 18,850 | 0% | held | |
| 45 | Entertainment Properties Trust | 0.2% | $764.0k | 22,000 | 6% | added | |
| 46 | CB Chubb Corporation | Financial Services | 0.2% | $681.0k | 10,000 | 0% | held |
| 47 | First Data Corp | 0.1% | $411.0k | 10,000 | 0% | held | |
| 48 | CSX CSX Corporation | Industrials | 0.1% | $342.0k | 9,518 | 0% | held |
| 49 | American Real Estate Partners | 0.1% | $330.0k | 19,400 | – | new | |
| 50 | Corus Bancshares | 0.1% | $217.0k | 7,000 | 0% | held |
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.