Akre Capital Management 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 30 US equity positions worth $1.0bn in its Q2 2008 13F filing. The largest position was AMERICAN TOWER CORP at 28.0% of the reported book, followed by MKL and LAMAR ADVERTISING CO. Against the Q1 2008 filing, it opened 1 new position, added to 4 and reduced 7 among the top 30 holdings.
What did Akre Capital Management own in Q2 2008? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | AMERICAN TOWER CORP | 28.0% | $293.2m | 6,939,006 | -15% | reduced | |
| 2 | MKL MARKEL CORP | Financial Services | 14.5% | $152.2m | 414,751 | 0% | held |
| 3 | LAMAR ADVERTISING CO | 9.0% | $93.8m | 2,602,137 | 6% | added | |
| 4 | BALLY TECHNOLOGIES INC | 7.6% | $79.7m | 2,358,737 | -1% | reduced | |
| 5 | 99 CENTS ONLY STORES | 5.9% | $62.3m | 9,439,540 | -0% | held | |
| 6 | O REILLY AUTOMOTIVE INC | 5.8% | $60.3m | 2,699,391 | 9% | added | |
| 7 | ENSTAR GROUP LIMITED | 5.1% | $53.5m | 611,338 | 94% | added | |
| 8 | CSK AUTO CORP | 4.6% | $48.5m | 4,629,862 | 0% | held | |
| 9 | POOL POOL CORPORATION | Industrials | 2.9% | $30.6m | 1,725,000 | 0% | held |
| 10 | AMERICREDIT CORP | 2.8% | $29.1m | 3,370,227 | -2% | reduced | |
| 11 | PINNACLE ENTMT INC | 1.8% | $19.1m | 1,822,534 | -0% | held | |
| 12 | SSD SIMPSON MANUFACTURING CO INC | Basic Materials | 1.8% | $18.9m | 794,829 | 0% | held |
| 13 | AMERICAN WOODMARK CORP | 1.7% | $17.5m | 828,500 | -0% | held | |
| 14 | DYNAMEX INC | 1.5% | $16.0m | 598,610 | 0% | held | |
| 15 | PENN VA CORP | 1.5% | $16.0m | 211,800 | 0% | held | |
| 16 | TOL TOLL BROTHERS INC | Consumer Cyclical | 1.1% | $11.2m | 600,000 | 0% | held |
| 17 | IRON MTN INC | 0.9% | $9.7m | 365,085 | 6% | added | |
| 18 | AES AES CORP | Utilities | 0.8% | $8.4m | 437,390 | -70% | reduced |
| 19 | HTH HILLTOP HOLDINGS INC | Financial Services | 0.6% | $6.2m | 604,425 | 0% | held |
| 20 | HFF INC | 0.5% | $5.0m | 881,700 | 0% | held | |
| 21 | WFC WELLS FARGO & CO NEW | Financial Services | 0.3% | $3.4m | 141,072 | -7% | reduced |
| 22 | ISLE OF CAPRI CASINOS INC | 0.3% | $3.0m | 625,555 | -0% | held | |
| 23 | WHITE RIVER CAPITAL INC | 0.3% | $2.9m | 190,837 | 0% | held | |
| 24 | DOVER MOTORSPORTS INC | 0.2% | $1.7m | 340,946 | -14% | reduced | |
| 25 | FEDERAL HOME LN MTG CORP | 0.2% | $1.7m | 105,675 | -16% | reduced | |
| 26 | CSX CSX CORP | Industrials | 0.1% | $1.2m | 18,833 | 0% | held |
| 27 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.1% | $744.0k | 4,255 | 0% | held |
| 28 | EXMOC EXXON MOBIL CORP | 0.1% | $693.0k | 7,863 | 0% | held | |
| 29 | FSP FRANKLIN STREET PPTYS CORP | Real Estate | 0.0% | $419.0k | 33,146 | – | new |
| 30 | ENTERTAINMENT PPTYS TR | 0.0% | $366.0k | 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.