Akre Capital Management 13F holdings, Q1 2006
Holdings as of March 31, 2006 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 53 US equity positions worth $1.4bn in its Q1 2006 13F filing. The largest position was PENN at 20.7% of the reported book, followed by American Tower A/amt and MKL. Against the Q3 2005 filing, it opened 8 new positions, added to 24 and reduced 9 among the top 50 holdings.
What did Akre Capital Management own in Q1 2006? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2005 |
|---|---|---|---|---|---|---|---|
| 1 | PENN Penn National Gaming/penn | Consumer Cyclical | 20.7% | $296.1m | 7,020,179 | 1% | added |
| 2 | American Tower A/amt | 16.6% | $238.0m | 7,850,996 | 1% | added | |
| 3 | MKL Markel Corporation/mkl | Financial Services | 9.0% | $129.1m | 382,434 | 1% | added |
| 4 | 99 Cent Stores/ndn | 5.3% | $75.7m | 5,583,706 | 16% | added | |
| 5 | Americredit/acf | 4.9% | $70.7m | 2,300,829 | 4% | added | |
| 6 | KMX CarMax Inc./kmx | Consumer Cyclical | 4.7% | $68.0m | 2,080,091 | 2% | added |
| 7 | Pinnacle Entertainment Inc./pn | 4.4% | $62.8m | 2,229,621 | 21% | added | |
| 8 | MCRI Monarch Casinos/mcri | Consumer Cyclical | 3.8% | $55.0m | 1,936,049 | 3% | added |
| 9 | Bally Technologies/byi | 2.6% | $37.3m | 2,196,914 | – | new | |
| 10 | O'Reilly Automotive/orly | 2.1% | $29.9m | 817,731 | 11% | added | |
| 11 | SSD Simpson Manufacturing/ssd | Basic Materials | 2.0% | $28.3m | 652,720 | 10% | added |
| 12 | American Woodmark/amwd | 2.0% | $28.0m | 788,492 | 68% | added | |
| 13 | TOL Toll Brothers/tol | Consumer Cyclical | 1.8% | $25.8m | 744,055 | 24% | added |
| 14 | AES AES Inc./aes | Utilities | 1.8% | $25.5m | 1,495,125 | -17% | reduced |
| 15 | Hilb, Rogal, & Hobbs/hrh | 1.8% | $25.3m | 613,494 | 3% | added | |
| 16 | Isle of Capri Casinos/isle | 1.6% | $22.7m | 682,326 | 55% | added | |
| 17 | Station Casinos/stn | 1.6% | $22.3m | 280,926 | 1% | added | |
| 18 | DHI DR Horton/dhi | Consumer Cyclical | 1.5% | $21.2m | 638,865 | 13% | added |
| 19 | Global Imaging Systems/gisx | 1.4% | $20.6m | 542,700 | 0% | held | |
| 20 | BYD Boyd Gaming | Consumer Cyclical | 1.2% | $16.5m | 330,589 | – | new |
| 21 | Int'l Gaming Tech/igt | 1.0% | $14.7m | 417,514 | 7% | added | |
| 22 | Intl. Speedway A/isca | 0.8% | $10.9m | 213,779 | 25% | added | |
| 23 | BRK/A Berkshire Hathaway A/brk.a | 0.7% | $10.2m | 113 | -3% | reduced | |
| 24 | Intl. Speedway B/iscb | 0.7% | $9.6m | 190,031 | -14% | reduced | |
| 25 | Dynamex Inc/ddmx | 0.6% | $9.0m | 464,997 | 0% | held | |
| 26 | Mark West Hydro/mwp | 0.5% | $7.5m | 329,090 | 1% | added | |
| 27 | Penn Virginia Corp/pva | 0.5% | $7.5m | 105,900 | 0% | held | |
| 28 | Bradley Pharmaceutical/bdy | 0.4% | $6.3m | 422,704 | -51% | reduced | |
| 29 | Berkshire Hathaway B/brk.b | 0.4% | $5.9m | 1,958 | 1% | added | |
| 30 | ING Pref 6.125% 01/15/11 | 0.3% | $4.9m | 200,000 | 0% | held | |
| 31 | Dover Motorsports, Inc./dvd | 0.3% | $4.2m | 770,260 | -12% | reduced | |
| 32 | Fed. Home Loan Mtg./fre | 0.3% | $4.1m | 67,473 | -12% | reduced | |
| 33 | WFC Wells Fargo/wfc | Financial Services | 0.3% | $3.8m | 60,057 | -4% | reduced |
| 34 | GS Goldman Sachs/gs | Financial Services | 0.2% | $3.5m | 22,425 | 5% | added |
| 35 | Fairfax Financial Holdings/ffh | 0.2% | $3.5m | 32,700 | -66% | reduced | |
| 36 | WP Cary & Co LLC/wpc | 0.2% | $3.1m | 116,900 | 53% | added | |
| 37 | ITIC Investment Title Co/itic | Financial Services | 0.2% | $2.6m | 61,000 | 0% | held |
| 38 | Shuffle Master/shfl | 0.2% | $2.5m | 70,000 | 0% | held | |
| 39 | LEN Lennar Corp/len | Consumer Cyclical | 0.2% | $2.4m | 39,950 | – | new |
| 40 | PHM Pulte Homes/phm | Consumer Cyclical | 0.2% | $2.4m | 61,670 | – | new |
| 41 | White Mountain/wtm | 0.2% | $2.4m | 3,959 | 9% | added | |
| 42 | KBH KB Homes/kbh | Consumer Cyclical | 0.2% | $2.3m | 35,800 | – | new |
| 43 | Big 5 Sporting Goods Corp/bgfv | 0.2% | $2.3m | 116,300 | – | new | |
| 44 | Odyssey Re Corp./orh | 0.2% | $2.2m | 100,000 | – | new | |
| 45 | Micros Systems Inc./mcrs | 0.1% | $1.8m | 38,900 | 0% | held | |
| 46 | Quanta/qnta | 0.1% | $991.0k | 330,342 | – | new | |
| 47 | BRO Brown and Brown/bro | Financial Services | 0.1% | $830.0k | 25,000 | 0% | held |
| 48 | CSX CSX Corporation/csx | Industrials | 0.0% | $569.0k | 9,518 | 0% | held |
| 49 | EXMOC Exxon Mobil/xom | 0.0% | $519.0k | 8,528 | -10% | reduced | |
| 50 | PGR Progressive Insurance/pgr | Financial Services | 0.0% | $505.0k | 4,846 | 1% | 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.