Akre Capital Management 13F holdings, Q2 2007
Holdings as of June 30, 2007 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 55 US equity positions worth $2.0bn in its Q2 2007 13F filing. The largest position was PENN at 22.3% of the reported book, followed by American Tower A/amt and MKL. Against the Q1 2007 filing, it opened 4 new positions, added to 20 and reduced 11 among the top 50 holdings.
What did Akre Capital Management own in Q2 2007? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2007 |
|---|---|---|---|---|---|---|---|
| 1 | PENN Penn National Gaming/penn | Consumer Cyclical | 22.3% | $448.2m | 7,458,289 | 1% | added |
| 2 | American Tower A/amt | 17.3% | $346.7m | 8,255,000 | 1% | added | |
| 3 | MKL Markel Corporation/mkl | Financial Services | 10.0% | $200.6m | 414,034 | 1% | added |
| 4 | KMX CarMax Inc./kmx | Consumer Cyclical | 5.6% | $113.2m | 4,441,071 | 1% | added |
| 5 | 99 Cent Stores/ndn | 4.6% | $91.7m | 6,996,231 | 1% | added | |
| 6 | Americredit/acf | 4.3% | $86.9m | 3,273,834 | 2% | added | |
| 7 | Bally Technologies/byi | 3.2% | $63.3m | 2,395,432 | 1% | added | |
| 8 | POOL Pool Corp./pool | Industrials | 3.1% | $62.4m | 1,597,620 | 80% | added |
| 9 | Pinnacle Entertainment Inc./pn | 2.9% | $57.9m | 2,055,825 | 1% | added | |
| 10 | O'Reilly Automotive/orly | 2.5% | $49.4m | 1,352,311 | 2% | added | |
| 11 | MCRI Monarch Casinos/mcri | Consumer Cyclical | 2.2% | $44.5m | 1,656,090 | -8% | reduced |
| 12 | SSD Simpson Manufacturing/ssd | Basic Materials | 2.2% | $43.9m | 1,301,929 | -6% | reduced |
| 13 | AES AES Inc./aes | Utilities | 1.8% | $35.3m | 1,611,534 | 1% | added |
| 14 | Alimentation Couche-Tard SVS C | 1.4% | $27.9m | 1,350,913 | – | new | |
| 15 | Isle of Capri Casinos/isle | 1.4% | $27.1m | 1,132,609 | 2% | added | |
| 16 | Hilb, Rogal, & Hobbs/hrh | 1.4% | $27.1m | 633,012 | 1% | added | |
| 17 | American Woodmark/amwd | 1.3% | $25.4m | 734,148 | -8% | reduced | |
| 18 | Flagstone Reinsurance Holdings | 1.1% | $21.6m | 1,621,375 | 23% | added | |
| 19 | Mark West Hydro/mwp | 1.0% | $20.8m | 361,998 | 0% | held | |
| 20 | Station Casinos/stn | 1.0% | $20.4m | 234,861 | 0% | held | |
| 21 | Lamar Advertising/lamr | 0.9% | $18.4m | 293,751 | 44% | added | |
| 22 | Peyto Energy Trust/peyuf | 0.8% | $15.4m | 900,000 | – | new | |
| 23 | TOL Toll Brothers/tol | Consumer Cyclical | 0.7% | $15.0m | 600,000 | 0% | held |
| 24 | BRK/A Berkshire Hathaway A/brk.a | 0.7% | $14.1m | 129 | 2% | added | |
| 25 | Int'l Gaming Tech/igt | 0.7% | $13.9m | 349,881 | -26% | reduced | |
| 26 | Dynamex Inc/ddmx | 0.6% | $12.5m | 490,680 | 0% | held | |
| 27 | DHI DR Horton/dhi | Consumer Cyclical | 0.6% | $11.3m | 566,665 | 0% | held |
| 28 | BYD Boyd Gaming | Consumer Cyclical | 0.5% | $9.1m | 184,000 | -65% | reduced |
| 29 | Iron Mountain/irm | 0.4% | $8.3m | 319,056 | 3% | added | |
| 30 | Berkshire Hathaway B/brk.b | 0.4% | $7.5m | 2,071 | -3% | reduced | |
| 31 | HTH Hilltop Holdings/hth | Financial Services | 0.3% | $5.9m | 500,225 | – | new |
| 32 | GS Goldman Sachs/gs | Financial Services | 0.3% | $5.3m | 24,331 | 2% | added |
| 33 | WFC Wells Fargo/wfc | Financial Services | 0.2% | $5.0m | 141,743 | 6% | added |
| 34 | Intl. Speedway A/isca | 0.2% | $5.0m | 94,175 | -56% | reduced | |
| 35 | Bradley Pharmaceutical/bdy | 0.2% | $5.0m | 228,100 | -48% | reduced | |
| 36 | Fed. Home Loan Mtg./fre | 0.2% | $4.7m | 78,238 | 5% | added | |
| 37 | Knight Transportation Inc./knx | 0.2% | $4.7m | 243,140 | 0% | held | |
| 38 | ING Pref 6.125% 01/15/11 | 0.2% | $4.7m | 200,000 | 0% | held | |
| 39 | Penn Virginia Corp/pva | 0.2% | $4.3m | 105,900 | 0% | held | |
| 40 | Dover Motorsports, Inc./dvd | 0.2% | $3.7m | 603,800 | -29% | reduced | |
| 41 | ITIC Investors Title Co/itic | Financial Services | 0.2% | $3.1m | 61,000 | 0% | held |
| 42 | Big 5 Sporting Goods Corp/bgfv | 0.1% | $2.8m | 107,900 | 0% | held | |
| 43 | Intl. Speedway B/iscb | 0.1% | $2.7m | 50,026 | -61% | reduced | |
| 44 | Burke & Herbert Bank/bhrb | 0.1% | $2.6m | 1,744 | – | new | |
| 45 | Micros Systems Inc./mcrs | 0.1% | $2.0m | 36,800 | 0% | held | |
| 46 | BLKB Blackbaud Inc | Technology | 0.1% | $1.8m | 80,000 | 0% | held |
| 47 | Shuffle Master/shfl | 0.1% | $1.2m | 70,000 | 0% | held | |
| 48 | Quanta | 0.1% | $1.0m | 50,400 | -89% | reduced | |
| 49 | CSX CSX Corporation/csx | Industrials | 0.0% | $858.0k | 19,036 | 0% | held |
| 50 | EXMOC Exxon Mobil/xom | 0.0% | $709.0k | 8,453 | 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.