Akre Capital Management 13F holdings, Q3 2004
Holdings as of September 30, 2004 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 71 US equity positions worth $739.9m in its Q3 2004 13F filing. The largest position was MKL at 12.7% of the reported book, followed by PENN and American Tower A. Against the Q2 2004 filing, it opened 12 new positions, added to 25 and reduced 3 among the top 50 holdings.
What did Akre Capital Management own in Q3 2004? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2004 |
|---|---|---|---|---|---|---|---|
| 1 | MKL Markel Corporation | Financial Services | 12.7% | $94.3m | 305,655 | 19% | added |
| 2 | PENN Penn National Gaming | Consumer Cyclical | 11.8% | $87.7m | 2,170,154 | 2% | added |
| 3 | American Tower A | 11.7% | $86.3m | 5,620,401 | 3% | added | |
| 4 | KMX CarMax Inc | Consumer Cyclical | 5.5% | $40.5m | 1,877,146 | 19% | added |
| 5 | Americredit | 4.9% | $36.3m | 1,738,252 | 1% | added | |
| 6 | 99 Cent Stores | 3.3% | $24.2m | 1,703,250 | – | new | |
| 7 | AES AES Inc | Utilities | 2.3% | $17.2m | 1,718,010 | 24% | added |
| 8 | Global Imaging Systems | 2.3% | $17.1m | 550,000 | 10% | added | |
| 9 | Dollar Tree | 2.2% | $16.4m | 609,600 | – | new | |
| 10 | MCRI Monarch Casinos | Consumer Cyclical | 2.1% | $15.3m | 803,311 | 1% | added |
| 11 | PREJF PartnersRe Ltd | 2.0% | $15.0m | 275,000 | 38% | added | |
| 12 | Platinum Underwriter | 2.0% | $14.6m | 500,000 | 11% | added | |
| 13 | Alliance Gaming | 1.9% | $14.2m | 942,112 | 25% | added | |
| 14 | DHI DR Horton | Consumer Cyclical | 1.9% | $14.1m | 425,000 | -19% | reduced |
| 15 | Allmerica Financial | 1.9% | $14.1m | 523,000 | 63% | added | |
| 16 | Hilb, Rogal, & Hamilton | 1.9% | $13.9m | 384,348 | 2% | added | |
| 17 | TOL Toll Brothers | Consumer Cyclical | 1.9% | $13.9m | 300,000 | -14% | reduced |
| 18 | Kaneb Services | 1.8% | $13.1m | 405,525 | 1% | added | |
| 19 | Station Casinos | 1.7% | $12.3m | 251,000 | 0% | held | |
| 20 | Intl. Speedway B | 1.6% | $11.5m | 230,375 | – | new | |
| 21 | BRK/A Berkshire Hathaway A | 1.3% | $9.3m | 107 | 15% | added | |
| 22 | COKE Coca Cola Bottling | Consumer Defensive | 1.2% | $9.2m | 170,800 | 0% | held |
| 23 | Pinnacle Entertainment Inc | 1.2% | $8.7m | 633,900 | – | new | |
| 24 | Int'l Gaming Tech | 1.1% | $8.3m | 230,590 | 53% | added | |
| 25 | Briggs & Stratton | 1.1% | $8.1m | 100,000 | – | new | |
| 26 | Aeropostale, Inc | 1.0% | $7.2m | 275,000 | 0% | held | |
| 27 | SSD Simpson Manufacturing | Basic Materials | 0.9% | $6.8m | 107,471 | -9% | reduced |
| 28 | AAP Advanced Auto Parts | Consumer Cyclical | 0.8% | $6.0m | 175,000 | – | new |
| 29 | Intl. Speedway A | 0.8% | $6.0m | 119,617 | 4% | added | |
| 30 | Willis Group Holdings | 0.7% | $5.5m | 147,228 | 3% | added | |
| 31 | Krispy Kreme Doughnuts | 0.7% | $5.1m | 400,000 | – | new | |
| 32 | Mark West Hydro | 0.7% | $4.9m | 326,290 | 0% | held | |
| 33 | Spectrasite Inc | 0.6% | $4.7m | 100,000 | – | new | |
| 34 | Citigroup | 0.6% | $4.5m | 101,877 | 5% | added | |
| 35 | Fed. Home Loan Mtg | 0.6% | $4.3m | 66,349 | 3% | added | |
| 36 | AMC Entertainment | 0.6% | $4.3m | 224,000 | 0% | held | |
| 37 | Penn Virginia Corp | 0.6% | $4.2m | 105,900 | 0% | held | |
| 38 | Burke & Herbert Bank | 0.6% | $4.2m | 2,043 | 1% | added | |
| 39 | Berkshire Hathaway B | 0.6% | $4.1m | 1,439 | 5% | added | |
| 40 | Fairfax Financial Holdings | 0.6% | $4.1m | 33,000 | – | new | |
| 41 | Dover Motorsports, Inc | 0.5% | $3.7m | 873,772 | 2% | added | |
| 42 | Hovnanian Enterprises | 0.5% | $3.6m | 90,000 | – | new | |
| 43 | Bradley Pharma | 0.5% | $3.6m | 175,000 | – | new | |
| 44 | WFC Wells Fargo | Financial Services | 0.5% | $3.5m | 58,443 | 3% | added |
| 45 | Standard Pacific | 0.5% | $3.4m | 60,000 | – | new | |
| 46 | American Woodmark | 0.4% | $2.6m | 71,500 | 0% | held | |
| 47 | PRA Proassurance Corporation | 0.4% | $2.6m | 75,000 | 0% | held | |
| 48 | Shuffle Master | 0.4% | $2.6m | 70,000 | 0% | held | |
| 49 | PMA Capital Corporation | 0.3% | $2.3m | 300,000 | 0% | held | |
| 50 | Metrologic Instruments | 0.3% | $1.9m | 118,500 | 137% | added |
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.