Akre Capital Management 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 32 US equity positions worth $1.2bn in its Q1 2008 13F filing. The largest position was AMERICAN TOWER CORP at 27.3% of the reported book, followed by MKL and 99 CENTS ONLY STORES. Against the Q4 2007 filing, it opened 2 new positions, added to 11 and reduced 7 among the top 32 holdings.
What did Akre Capital Management own in Q1 2008? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | AMERICAN TOWER CORP | 27.3% | $318.4m | 8,119,136 | -0% | held | |
| 2 | MKL MARKEL CORP | Financial Services | 15.6% | $182.5m | 414,730 | -0% | held |
| 3 | 99 CENTS ONLY STORES | 8.0% | $93.5m | 9,453,464 | 1% | added | |
| 4 | LAMAR ADVERTISING CO | 7.5% | $87.9m | 2,447,578 | 331% | added | |
| 5 | BALLY TECHNOLOGIES INC | 7.0% | $81.9m | 2,386,330 | 0% | held | |
| 6 | O REILLY AUTOMOTIVE INC | 6.0% | $70.6m | 2,474,316 | 61% | added | |
| 7 | CSK AUTO CORP | 3.7% | $43.1m | 4,629,862 | 11% | added | |
| 8 | ENSTAR GROUP LIMITED | 3.0% | $35.0m | 314,823 | – | new | |
| 9 | AMERICREDIT CORP | 3.0% | $34.5m | 3,426,914 | -0% | held | |
| 10 | POOL POOL CORPORATION | Industrials | 2.8% | $32.6m | 1,725,000 | 0% | held |
| 11 | AES AES CORP | Utilities | 2.1% | $24.2m | 1,453,420 | -11% | reduced |
| 12 | PINNACLE ENTMT INC | 2.0% | $23.4m | 1,829,798 | 3% | added | |
| 13 | SSD SIMPSON MANUFACTURING CO INC | Basic Materials | 1.9% | $21.6m | 794,829 | 0% | held |
| 14 | HILB ROGAL & HOBBS CO | 1.5% | $17.4m | 553,239 | -0% | held | |
| 15 | AMERICAN WOODMARK CORP | 1.5% | $17.1m | 829,500 | 0% | held | |
| 16 | DYNAMEX INC | 1.3% | $15.1m | 598,610 | 1% | added | |
| 17 | TOL TOLL BROTHERS INC | Consumer Cyclical | 1.2% | $14.1m | 600,000 | -34% | reduced |
| 18 | PENN VA CORP | 0.8% | $9.3m | 211,800 | 0% | held | |
| 19 | IRON MTN INC | 0.8% | $9.1m | 344,322 | 3% | added | |
| 20 | HTH HILLTOP HOLDINGS INC | Financial Services | 0.5% | $6.3m | 604,425 | 21% | added |
| 21 | ISLE OF CAPRI CASINOS INC | 0.4% | $4.5m | 628,347 | -5% | reduced | |
| 22 | HFF INC | 0.4% | $4.4m | 881,700 | 44% | added | |
| 23 | WFC WELLS FARGO & CO NEW | Financial Services | 0.4% | $4.4m | 151,528 | -3% | reduced |
| 24 | LEHMAN BROS HLDGS INC | 0.3% | $3.8m | 100,000 | – | new | |
| 25 | FEDERAL HOME LN MTG CORP | 0.3% | $3.2m | 126,158 | 15% | added | |
| 26 | WHITE RIVER CAPITAL INC | 0.3% | $3.1m | 190,837 | 37% | added | |
| 27 | DOVER MOTORSPORTS INC | 0.2% | $2.4m | 396,300 | 0% | held | |
| 28 | CSX CSX CORP | Industrials | 0.1% | $1.1m | 18,833 | -1% | reduced |
| 29 | INTERNATIONAL SPEEDWAY CORP | 0.1% | $759.0k | 18,420 | -19% | reduced | |
| 30 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.1% | $704.0k | 4,255 | 0% | held |
| 31 | EXMOC EXXON MOBIL CORP | 0.1% | $665.0k | 7,863 | -7% | reduced | |
| 32 | ENTERTAINMENT PPTYS TR | 0.0% | $365.0k | 7,400 | 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.