Akre Capital Management 13F holdings, Q1 2012
Holdings as of March 31, 2012 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 31 US equity positions worth $816.5m in its Q1 2012 13F filing. The largest position was MA at 14.2% of the reported book, followed by AMT and DLTR. Against the Q4 2011 filing, it opened 9 new positions, added to 11 and reduced 1 among the top 31 holdings.
What did Akre Capital Management own in Q1 2012? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | MA MASTERCARD INC | Financial Services | 14.2% | $115.9m | 275,640 | 44% | added |
| 2 | AMT AMERICAN TOWER CORP NEW | Real Estate | 13.0% | $106.4m | 1,687,609 | – | new |
| 3 | DLTR DOLLAR TREE INC | Consumer Defensive | 8.5% | $69.7m | 738,020 | 1% | added |
| 4 | MKL MARKEL CORP | Financial Services | 7.5% | $60.9m | 135,603 | 0% | held |
| 5 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 6.2% | $50.4m | 552,205 | 0% | held |
| 6 | ENSTAR GROUP LIMITED | 6.0% | $48.6m | 490,988 | -0% | held | |
| 7 | AMT TD AMERITRADE HLDG CORP | Real Estate | 5.7% | $46.4m | 2,350,000 | 74% | added |
| 8 | MCO MOODYS CORP | Financial Services | 5.2% | $42.1m | 1,000,000 | – | new |
| 9 | TJX TJX COS INC NEW | Consumer Cyclical | 4.7% | $38.6m | 971,520 | 266% | added |
| 10 | V VISA INC | Financial Services | 4.3% | $35.4m | 300,000 | – | new |
| 11 | LAMAR ADVERTISING CO | 4.2% | $34.6m | 1,067,440 | -17% | reduced | |
| 12 | LPL INVT HLDGS INC | 3.7% | $30.4m | 800,000 | 167% | added | |
| 13 | SEARS HLDGS CORP | 2.4% | $19.9m | 300,000 | – | new | |
| 14 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 2.1% | $17.0m | 807,900 | 33% | added |
| 15 | DIRECTV | 2.1% | $16.8m | 340,000 | – | new | |
| 16 | HARTFORD FINL SVCS GROUP INC DEP CONV | 1.9% | $15.9m | 741,635 | -0% | held | |
| 17 | LEUCADIA NATL CORP | 1.9% | $15.8m | 604,200 | – | new | |
| 18 | FDS FACTSET RESH SYS INC | Financial Services | 1.6% | $12.9m | 130,000 | 0% | held |
| 19 | BVE DIAMOND HILL INVESTMENT GROU | 1.1% | $8.7m | 117,718 | 43% | added | |
| 20 | AAPL APPLE INC | Technology | 1.0% | $8.5m | 14,100 | 244% | added |
| 21 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.9% | $7.7m | 800,000 | 0% | held |
| 22 | LENDER PROCESSING SVCS INC | 0.4% | $3.6m | 140,000 | – | new | |
| 23 | TROW PRICE T ROWE GROUP INC | Financial Services | 0.3% | $2.2m | 33,405 | 2% | added |
| 24 | PRIMO WTR CORP | 0.3% | $2.1m | 1,100,000 | 131% | added | |
| 25 | WHITE RIVER CAPITAL INC | 0.3% | $2.1m | 93,273 | 0% | held | |
| 26 | MTG MGIC INVT CORP WIS | Financial Services | 0.2% | $2.0m | 400,000 | – | new |
| 27 | CSX CSX CORP | Industrials | 0.1% | $1.1m | 51,061 | 13% | added |
| 28 | NUSTAR GP HOLDINGS LLC UNIT RESTG LLC | 0.1% | $477.0k | 13,770 | 0% | held | |
| 29 | ENTERTAINMENT PPTYS TR | 0.0% | $244.0k | 5,265 | 0% | held | |
| 30 | EXMOC EXXON MOBIL CORP | 0.0% | $219.0k | 2,528 | 0% | held | |
| 31 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 0.0% | $88.0k | 19,000 | – | new |
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.