Akre Capital Management 13F holdings, Q3 2008
Holdings as of September 30, 2008 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 24 US equity positions worth $893.4m in its Q3 2008 13F filing. The largest position was AMERICAN TOWER CORP at 21.3% of the reported book, followed by MKL and O REILLY AUTOMOTIVE INC. Against the Q2 2008 filing, it opened 1 new position, added to 3 and reduced 16 among the top 24 holdings.
What did Akre Capital Management own in Q3 2008? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2008 |
|---|---|---|---|---|---|---|---|
| 1 | AMERICAN TOWER CORP | 21.3% | $190.7m | 5,301,857 | -24% | reduced | |
| 2 | MKL MARKEL CORP | Financial Services | 15.9% | $141.6m | 402,933 | -3% | reduced |
| 3 | O REILLY AUTOMOTIVE INC | 9.8% | $87.9m | 3,285,137 | 22% | added | |
| 4 | 99 CENTS ONLY STORES | 9.7% | $86.3m | 7,868,570 | -17% | reduced | |
| 5 | LAMAR ADVERTISING CO | 8.6% | $76.7m | 2,483,087 | -5% | reduced | |
| 6 | BALLY TECHNOLOGIES INC | 7.8% | $69.7m | 2,302,889 | -2% | reduced | |
| 7 | ENSTAR GROUP LIMITED | 6.6% | $59.3m | 609,312 | -0% | held | |
| 8 | POOL POOL CORPORATION | Industrials | 4.5% | $40.2m | 1,725,000 | 0% | held |
| 9 | AMERICREDIT CORP | 3.7% | $32.7m | 3,227,101 | -4% | reduced | |
| 10 | SSD SIMPSON MANUFACTURING CO INC | Basic Materials | 2.3% | $20.8m | 766,329 | -4% | reduced |
| 11 | AMERICAN WOODMARK CORP | 2.0% | $17.9m | 799,500 | -4% | reduced | |
| 12 | DYNAMEX INC | 1.9% | $17.0m | 598,610 | 0% | held | |
| 13 | PINNACLE ENTMT INC | 1.8% | $15.8m | 2,083,495 | 14% | added | |
| 14 | IRON MTN INC | 1.1% | $10.1m | 413,025 | 13% | added | |
| 15 | MERRIL LYNCH & CO INC | 0.6% | $5.7m | 226,481 | – | new | |
| 16 | WFC WELLS FARGO & CO NEW | Financial Services | 0.6% | $5.3m | 140,626 | -0% | held |
| 17 | ISLE OF CAPRI CASINOS INC | 0.6% | $5.0m | 555,943 | -11% | reduced | |
| 18 | AES AES CORP | Utilities | 0.5% | $4.6m | 395,184 | -10% | reduced |
| 19 | WHITE RIVER CAPITAL INC | 0.3% | $2.4m | 173,137 | -9% | reduced | |
| 20 | HFF INC | 0.2% | $1.6m | 401,842 | -54% | reduced | |
| 21 | CSX CSX CORP | Industrials | 0.1% | $970.0k | 17,769 | -6% | reduced |
| 22 | EXMOC EXXON MOBIL CORP | 0.0% | $353.0k | 4,543 | -42% | reduced | |
| 23 | ENTERTAINMENT PPTYS TR | 0.0% | $312.0k | 5,700 | -23% | reduced | |
| 24 | FSP FRANKLIN STREET PPTYS CORP | Real Estate | 0.0% | $260.0k | 20,000 | -40% | reduced |
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.