Akre Capital Management 13F holdings, Q2 2004
Holdings as of June 30, 2004 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 60 US equity positions worth $591.4m in its Q2 2004 13F filing. The largest position was American Tower A at 14.0% of the reported book, followed by MKL and PENN. Against the Q1 2004 filing, it opened 3 new positions, added to 19 and reduced 4 among the top 50 holdings.
What did Akre Capital Management own in Q2 2004? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2004 |
|---|---|---|---|---|---|---|---|
| 1 | American Tower A | 14.0% | $82.8m | 5,444,400 | 2% | added | |
| 2 | MKL Markel Corporation | Financial Services | 12.0% | $71.2m | 256,539 | 30% | added |
| 3 | PENN Penn National Gaming | Consumer Cyclical | 12.0% | $70.9m | 2,134,941 | 2% | added |
| 4 | KMX CarMax Inc | Consumer Cyclical | 5.8% | $34.5m | 1,577,465 | 125% | added |
| 5 | Americredit | 5.7% | $33.6m | 1,718,782 | 0% | held | |
| 6 | Global Imaging Systems | 3.1% | $18.3m | 500,000 | 22% | added | |
| 7 | DHI DR Horton | Consumer Cyclical | 2.5% | $14.9m | 525,000 | 5% | added |
| 8 | TOL Toll Brothers | Consumer Cyclical | 2.5% | $14.8m | 350,000 | 46% | added |
| 9 | AES AES Inc | Utilities | 2.3% | $13.7m | 1,382,650 | -0% | held |
| 10 | Platinum Underwriter | 2.3% | $13.7m | 450,000 | 12% | added | |
| 11 | Hilb, Rogal, & Hamilton | 2.3% | $13.5m | 378,203 | 0% | held | |
| 12 | Alliance Gaming | 2.2% | $12.9m | 753,955 | 15% | added | |
| 13 | Station Casinos | 2.1% | $12.1m | 251,000 | 0% | held | |
| 14 | Kaneb Services | 1.9% | $11.4m | 403,100 | 61% | added | |
| 15 | PREJF PartnersRe Ltd | 1.9% | $11.3m | 200,000 | 0% | held | |
| 16 | MCRI Monarch Casinos | Consumer Cyclical | 1.9% | $11.2m | 795,572 | 0% | held |
| 17 | Intl. Speedway B | 1.9% | $11.0m | 226,500 | -0% | held | |
| 18 | Allmerica Financial | 1.8% | $10.8m | 320,000 | 0% | held | |
| 19 | UPBD Rent-A-Center | Technology | 1.8% | $10.5m | 350,000 | -12% | reduced |
| 20 | COKE Coca Cola Bottling | Consumer Defensive | 1.7% | $9.9m | 170,800 | 185% | added |
| 21 | BRK/A Berkshire Hathaway A | 1.4% | $8.3m | 93 | -11% | reduced | |
| 22 | Aeropostale, Inc | 1.3% | $7.4m | 275,000 | 38% | added | |
| 23 | SSD Simpson Manufacturing | Basic Materials | 1.1% | $6.6m | 118,200 | 2% | added |
| 24 | Int'l Gaming Tech | 1.0% | $5.8m | 150,340 | 5% | added | |
| 25 | Intl. Speedway A | 0.9% | $5.6m | 114,482 | -3% | reduced | |
| 26 | Willis Group Holdings | 0.9% | $5.4m | 143,245 | 1% | added | |
| 27 | Fidelity National Financial In | 0.8% | $5.0m | 134,501 | 0% | held | |
| 28 | Citigroup | 0.8% | $4.5m | 97,408 | 1% | added | |
| 29 | American Woodmark | 0.7% | $4.3m | 71,500 | 0% | held | |
| 30 | Burke & Herbert Bank | 0.7% | $4.1m | 2,027 | 0% | held | |
| 31 | Fed. Home Loan Mtg | 0.7% | $4.1m | 64,359 | -6% | reduced | |
| 32 | Berkshire Hathaway B | 0.7% | $4.0m | 1,364 | 19% | added | |
| 33 | Mark West Hydro | 0.6% | $3.8m | 326,290 | 0% | held | |
| 34 | Penn Virginia Corp | 0.6% | $3.8m | 105,900 | 0% | held | |
| 35 | AMC Entertainment | 0.6% | $3.4m | 224,000 | 0% | held | |
| 36 | Dover Motorsports, Inc | 0.6% | $3.4m | 853,317 | -0% | held | |
| 37 | WFC Wells Fargo | Financial Services | 0.6% | $3.3m | 56,848 | -0% | held |
| 38 | PMA Capital Corporation | 0.5% | $2.7m | 300,000 | 0% | held | |
| 39 | PRA Proassurance Corporation | 0.4% | $2.6m | 75,000 | – | new | |
| 40 | Shuffle Master | 0.4% | $2.5m | 70,000 | 0% | held | |
| 41 | Bank of New York | 0.4% | $2.3m | 76,772 | 1% | added | |
| 42 | Triad Guaranty | 0.3% | $1.7m | 30,000 | – | new | |
| 43 | ITIC Investment Title Corporation | Financial Services | 0.3% | $1.7m | 54,200 | 23% | added |
| 44 | AT&T Wireless | 0.3% | $1.5m | 108,065 | 0% | held | |
| 45 | SCI Service Corporation Internatio | Consumer Cyclical | 0.2% | $1.5m | 200,000 | 0% | held |
| 46 | White Mountain | 0.2% | $1.1m | 2,214 | 0% | held | |
| 47 | Metrologic Instruments | 0.2% | $997.0k | 50,000 | – | new | |
| 48 | GS Goldman Sachs | Financial Services | 0.2% | $942.0k | 10,000 | 0% | held |
| 49 | Citizens Communication | 0.2% | $907.0k | 75,000 | 0% | held | |
| 50 | Micros Systems Inc | 0.2% | $904.0k | 18,850 | 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.