Akre Capital Management 13F holdings, Q3 2012
Holdings as of September 30, 2012 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 37 US equity positions worth $1.3bn in its Q3 2012 13F filing. The largest position was MA at 12.1% of the reported book, followed by ROST and AMT. Against the Q1 2012 filing, it opened 10 new positions, added to 17 and reduced 4 among the top 37 holdings.
What did Akre Capital Management own in Q3 2012? Top 37 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2012 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard/ma | Financial Services | 12.1% | $155.0m | 343,270 | 25% | added |
| 2 | ROST Ross Stores/rost | Consumer Cyclical | 9.8% | $125.9m | 1,948,522 | – | new |
| 3 | AMT American Tower/amt | Real Estate | 9.7% | $124.6m | 1,745,074 | 3% | added |
| 4 | MKL Markel/mkl | Financial Services | 7.2% | $91.6m | 199,858 | 47% | added |
| 5 | MCO Moodys Corp/mco | Financial Services | 6.2% | $79.8m | 1,807,735 | 81% | added |
| 6 | DLTR Dollar Tree/dltr | Consumer Defensive | 5.7% | $73.0m | 1,511,366 | 105% | added |
| 7 | ORLY O Reilly auto/orly | Consumer Cyclical | 5.4% | $69.3m | 828,559 | 50% | added |
| 8 | DirecTv/dtv | 4.1% | $52.4m | 1,000,000 | 194% | added | |
| 9 | Enstar/esgr | 4.0% | $51.2m | 513,434 | 5% | added | |
| 10 | V Visa/v | Financial Services | 3.9% | $50.0m | 372,430 | 24% | added |
| 11 | AMT TD Ameritrade/amtd | Real Estate | 3.8% | $48.6m | 3,163,900 | 35% | added |
| 12 | LPL Financial/lpla | 3.3% | $42.8m | 1,500,000 | 88% | added | |
| 13 | Leucadia Nat/luk | 3.0% | $38.7m | 1,700,000 | 181% | added | |
| 14 | VRSK Verisk Analytics/vrsk | Industrials | 2.5% | $32.2m | 676,500 | – | new |
| 15 | BRK/B Berks-Hath B/brk.b | 2.2% | $27.7m | 313,520 | – | new | |
| 16 | HIG Hartford/hig | Financial Services | 2.1% | $26.6m | 1,366,200 | 69% | added |
| 17 | Annaly Capital/nly | 2.0% | $25.9m | 1,535,925 | – | new | |
| 18 | AAPL Apple Inc/aapl | Technology | 1.8% | $23.4m | 35,106 | 149% | added |
| 19 | Lamar Advertising/lamr | 1.8% | $23.0m | 621,348 | -42% | reduced | |
| 20 | Sears Hldg/shld | 1.3% | $16.6m | 300,000 | 0% | held | |
| 21 | KMX Carmax Inc/kmx | Consumer Cyclical | 1.1% | $14.2m | 503,474 | – | new |
| 22 | Hartford Financial | 1.1% | $14.2m | 745,285 | 0% | held | |
| 23 | MNRO Monro Muf-Brake/mnro | Consumer Cyclical | 1.1% | $14.1m | 400,000 | – | new |
| 24 | FDS FactSet/fds | Financial Services | 1.0% | $12.5m | 130,000 | 0% | held |
| 25 | BVE Diamond Hill/dhil | 0.9% | $11.2m | 145,500 | 24% | added | |
| 26 | BRK/A Berksh-Hath A/brk.a | 0.6% | $7.8m | 59 | – | new | |
| 27 | Colfax Corp/cfx | 0.6% | $7.7m | 209,280 | – | new | |
| 28 | BAC Bank of America/bac | Financial Services | 0.6% | $7.1m | 800,000 | 0% | held |
| 29 | Bank of America *W EXP 01/16/201 | 0.2% | $2.5m | 700,000 | 3584% | added | |
| 30 | White River Cap/rvr | 0.2% | $2.1m | 93,273 | 0% | held | |
| 31 | Artio Global/art | 0.1% | $1.9m | 625,000 | – | new | |
| 32 | TJX TJX Cos/tjx | Consumer Cyclical | 0.1% | $1.9m | 41,520 | -96% | reduced |
| 33 | Primo Water Corp/prmw | 0.1% | $1.6m | 1,500,000 | 36% | added | |
| 34 | CSX CSX Corporation/csx | Industrials | 0.1% | $1.1m | 51,061 | 0% | held |
| 35 | EPD Enterprise Products/epd | Energy | 0.0% | $548.0k | 10,232 | – | new |
| 36 | NuStar GP Holdings/nsh UNIT RESTG LLC | 0.0% | $349.0k | 10,970 | -20% | reduced | |
| 37 | TROW T Rowe Price/trow | Financial Services | 0.0% | $216.0k | 3,405 | -90% | 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.