Akre Capital Management 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 58 US equity positions worth $532.3m in its Q1 2004 13F filing. The largest position was PENN at 11.4% of the reported book, followed by American Tower A and MKL. Against the Q4 2003 filing, it opened 10 new positions, added to 28 and reduced 1 among the top 50 holdings.
What did Akre Capital Management own in Q1 2004? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2003 |
|---|---|---|---|---|---|---|---|
| 1 | PENN Penn National Gaming | Consumer Cyclical | 11.4% | $60.5m | 2,101,756 | 11% | added |
| 2 | American Tower A | 11.3% | $60.4m | 5,321,417 | 4% | added | |
| 3 | MKL Markel Corporation | Financial Services | 10.7% | $56.9m | 197,754 | 3% | added |
| 4 | Americredit | 5.5% | $29.2m | 1,713,072 | 2% | added | |
| 5 | Alliance Gaming | 4.0% | $21.0m | 654,975 | 24% | added | |
| 6 | KMX CarMax Inc | Consumer Cyclical | 3.8% | $20.4m | 699,700 | 72% | added |
| 7 | DHI DR Horton | Consumer Cyclical | 3.3% | $17.7m | 500,000 | 100% | added |
| 8 | Hilb, Rogal, & Hamilton | 2.7% | $14.4m | 378,203 | 35% | added | |
| 9 | Global Imaging Systems | 2.6% | $13.6m | 410,000 | 14% | added | |
| 10 | UPBD Rent-A-Center | Technology | 2.5% | $13.2m | 400,000 | – | new |
| 11 | Platinum Underwriter | 2.4% | $12.8m | 400,000 | 0% | held | |
| 12 | AES AES Inc | Utilities | 2.2% | $11.8m | 1,384,420 | 11% | added |
| 13 | PREJF PartnersRe Ltd | 2.1% | $11.3m | 200,000 | 0% | held | |
| 14 | Station Casinos | 2.1% | $11.1m | 251,000 | – | new | |
| 15 | Allmerica Financial | 2.1% | $11.1m | 320,000 | 1055% | added | |
| 16 | MCRI Monarch Casinos | Consumer Cyclical | 2.1% | $11.0m | 795,572 | 2% | added |
| 17 | TOL Toll Brothers | Consumer Cyclical | 2.0% | $10.9m | 240,000 | 20% | added |
| 18 | Intl. Speedway B | 2.0% | $10.5m | 226,900 | 1% | added | |
| 19 | BRK/A Berkshire Hathaway A | 1.8% | $9.7m | 104 | 2% | added | |
| 20 | Kaneb Services | 1.6% | $8.2m | 250,000 | 73% | added | |
| 21 | Aeropostale, Inc | 1.4% | $7.3m | 200,000 | – | new | |
| 22 | Ryland Homes | 1.3% | $7.1m | 80,000 | 0% | held | |
| 23 | Int'l Gaming Tech | 1.2% | $6.4m | 143,355 | 420% | added | |
| 24 | Penn Virginia Corp | 1.2% | $6.4m | 105,900 | -8% | reduced | |
| 25 | SSD Simpson Manufacturing | Basic Materials | 1.1% | $5.7m | 116,000 | – | new |
| 26 | Intl. Speedway A | 1.0% | $5.6m | 118,442 | 3% | added | |
| 27 | Fidelity National Financial In | 1.0% | $5.3m | 134,501 | 169% | added | |
| 28 | Willis Group Holdings | 1.0% | $5.3m | 142,220 | – | new | |
| 29 | Providian Financial Corporatio | 1.0% | $5.2m | 400,000 | – | new | |
| 30 | Citigroup | 0.9% | $5.0m | 96,295 | 6% | added | |
| 31 | American Woodmark | 0.9% | $4.8m | 71,500 | 0% | held | |
| 32 | Burke & Herbert Bank | 0.9% | $4.6m | 2,027 | 17% | added | |
| 33 | Mark West Hydro | 0.8% | $4.1m | 326,290 | 31% | added | |
| 34 | Fed. Home Loan Mtg | 0.8% | $4.0m | 68,287 | 7% | added | |
| 35 | Berkshire Hathaway B | 0.7% | $3.6m | 1,146 | 6% | added | |
| 36 | AMC Entertainment | 0.6% | $3.4m | 224,000 | 0% | held | |
| 37 | Dover Motorsports, Inc | 0.6% | $3.3m | 857,262 | 1% | added | |
| 38 | Shuffle Master | 0.6% | $3.3m | 70,000 | 0% | held | |
| 39 | WFC Wells Fargo | Financial Services | 0.6% | $3.2m | 56,868 | 7% | added |
| 40 | Beazer Homes | 0.6% | $3.2m | 30,000 | 0% | held | |
| 41 | COKE Coca Cola Bottling | Consumer Defensive | 0.6% | $3.1m | 60,000 | 0% | held |
| 42 | Bank of New York | 0.4% | $2.4m | 75,977 | 14% | added | |
| 43 | PMA Capital Corporation | 0.3% | $1.8m | 300,000 | 0% | held | |
| 44 | SCI Service Corporation Internatio | Consumer Cyclical | 0.3% | $1.5m | 200,000 | 0% | held |
| 45 | AT&T Wireless | 0.3% | $1.5m | 108,065 | – | new | |
| 46 | ITIC Investment Title Corporation | Financial Services | 0.3% | $1.4m | 44,200 | – | new |
| 47 | White Mountain | 0.2% | $1.2m | 2,214 | 11% | added | |
| 48 | GS Goldman Sachs | Financial Services | 0.2% | $1.0m | 10,000 | – | new |
| 49 | Citizens Communication | 0.2% | $970.0k | 75,000 | – | new | |
| 50 | Entertainment Properties Trust | 0.2% | $900.0k | 22,000 | 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.