Akre Capital Management 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 24 US equity positions worth $504.6m in its Q4 2011 13F filing. The largest position was AMERICAN TOWER CORP at 16.5% of the reported book, followed by MA and DLTR. Against the Q2 2011 filing, it opened 3 new positions, added to 11 and reduced 6 among the top 24 holdings.
What did Akre Capital Management own in Q4 2011? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AMERICAN TOWER CORP | 16.5% | $83.2m | 1,387,074 | 4% | added | |
| 2 | MA MASTERCARD INC | Financial Services | 14.2% | $71.4m | 191,636 | 3% | added |
| 3 | DLTR DOLLAR TREE INC | Consumer Defensive | 12.1% | $61.0m | 733,500 | 2% | added |
| 4 | MKL MARKEL CORP | Financial Services | 11.1% | $56.1m | 135,285 | 21% | added |
| 5 | ENSTAR GROUP LIMITED | 9.6% | $48.3m | 491,660 | 5% | added | |
| 6 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 8.7% | $44.0m | 550,361 | -10% | reduced |
| 7 | LAMAR ADVERTISING CO | 7.0% | $35.3m | 1,281,887 | -19% | reduced | |
| 8 | AMT TD AMERITRADE HLDG CORP | Real Estate | 4.2% | $21.1m | 1,350,000 | 238% | added |
| 9 | TJX TJX COS INC NEW | Consumer Cyclical | 3.4% | $17.2m | 265,760 | 6% | added |
| 10 | HARTFORD FINL SVCS GROUP INC DEP CONV | 2.8% | $14.0m | 744,952 | -1% | reduced | |
| 11 | FDS FACTSET RESH SYS INC | Financial Services | 2.2% | $11.3m | 130,000 | -15% | reduced |
| 12 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 2.0% | $9.9m | 607,900 | – | new |
| 13 | LPL INVT HLDGS INC | 1.8% | $9.2m | 300,000 | 205% | added | |
| 14 | BVE DIAMOND HILL INVESTMENT GROU | 1.2% | $6.1m | 82,600 | 173% | added | |
| 15 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.9% | $4.4m | 800,000 | – | new |
| 16 | TECHNE CORP | 0.7% | $3.4m | 50,000 | 0% | held | |
| 17 | WHITE RIVER CAPITAL INC | 0.4% | $1.9m | 93,273 | 0% | held | |
| 18 | TROW PRICE T ROWE GROUP INC | Financial Services | 0.4% | $1.9m | 32,800 | -68% | reduced |
| 19 | AAPL APPLE INC | Technology | 0.3% | $1.7m | 4,100 | – | new |
| 20 | PRIMO WTR CORP | 0.3% | $1.4m | 476,500 | 535% | added | |
| 21 | CSX CSX CORP | Industrials | 0.2% | $955.0k | 45,347 | -15% | reduced |
| 22 | NUSTAR GP HOLDINGS LLC UNIT RESTG LLC | 0.1% | $458.0k | 13,770 | 1% | added | |
| 23 | ENTERTAINMENT PPTYS TR | 0.0% | $230.0k | 5,265 | 0% | held | |
| 24 | EXMOC EXXON MOBIL CORP | 0.0% | $214.0k | 2,528 | 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.