Akre Capital Management 13F holdings, Q1 2013
Holdings as of March 31, 2013 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 38 US equity positions worth $1.8bn in its Q1 2013 13F filing. The largest position was MA at 10.4% of the reported book, followed by MCO and AMT. Against the Q4 2012 filing, it opened 5 new positions, added to 8 and reduced 3 among the top 38 holdings.
What did Akre Capital Management own in Q1 2013? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2012 |
|---|---|---|---|---|---|---|---|
| 1 | MA Mastercard/ma | Financial Services | 10.4% | $185.0m | 341,828 | 0% | held |
| 2 | MCO Moodys Corp/mco | Financial Services | 7.6% | $135.3m | 2,538,375 | 14% | added |
| 3 | AMT American Tower/amt | Real Estate | 7.3% | $130.0m | 1,689,673 | -1% | reduced |
| 4 | MKL Markel/mkl | Financial Services | 7.0% | $124.2m | 246,769 | 5% | added |
| 5 | DLTR Dollar Tree/dltr | Consumer Defensive | 6.7% | $120.1m | 2,478,884 | 9% | added |
| 6 | ROST Ross Stores/rost | Consumer Cyclical | 6.6% | $117.4m | 1,937,469 | -0% | held |
| 7 | DirecTv/dtv | 5.1% | $90.5m | 1,600,000 | 60% | added | |
| 8 | ORLY O Reilly auto/orly | Consumer Cyclical | 4.7% | $84.4m | 823,683 | -0% | held |
| 9 | Colfax Corp/cfx | 4.2% | $75.3m | 1,617,330 | 33% | added | |
| 10 | AMT TD Ameritrade/amtd | Real Estate | 3.6% | $65.1m | 3,158,900 | -0% | held |
| 11 | V Visa/v | Financial Services | 3.5% | $63.3m | 372,430 | 0% | held |
| 12 | Enstar/esgr | 3.5% | $62.6m | 503,341 | -0% | held | |
| 13 | NuStar Energy LP/ns UNIT | 3.1% | $56.0m | 1,050,000 | – | new | |
| 14 | Leucadia Nat/luk | 3.1% | $54.9m | 2,000,000 | 11% | added | |
| 15 | LPL Financial/lpla | 3.1% | $54.8m | 1,700,000 | 0% | held | |
| 16 | VRSK Verisk Analytics/vrsk | Industrials | 2.8% | $49.3m | 800,000 | 0% | held |
| 17 | AAPL Apple Inc/aapl | Technology | 2.2% | $38.6m | 87,106 | 148% | added |
| 18 | HIG Hartford/hig | Financial Services | 2.0% | $35.2m | 1,366,200 | 0% | held |
| 19 | Annaly Capital/nly | 2.0% | $34.9m | 2,198,409 | -13% | reduced | |
| 20 | BRK/B Berks-Hath B/brk.b | 1.8% | $32.0m | 307,561 | -0% | held | |
| 21 | Lamar Advertising/lamr | 1.7% | $30.2m | 621,348 | 0% | held | |
| 22 | MNRO Monro Muf-Brake/mnro | Consumer Cyclical | 1.1% | $19.9m | 500,000 | 0% | held |
| 23 | DISCOVERY COMMUNICATIONS | 1.0% | $18.4m | 265,000 | – | new | |
| 24 | Hartford Financial | 1.0% | $17.2m | 725,097 | -1% | reduced | |
| 25 | Sears Hldg/shld | 0.8% | $15.0m | 300,000 | 0% | held | |
| 26 | FDS FactSet/fds | Financial Services | 0.7% | $12.0m | 130,000 | 0% | held |
| 27 | America Movil/amx SPON | 0.6% | $11.5m | 550,000 | – | new | |
| 28 | BVE Diamond Hill/dhil | 0.6% | $11.3m | 145,500 | 0% | held | |
| 29 | BAC Bank of America/bac | Financial Services | 0.5% | $9.7m | 800,000 | 0% | held |
| 30 | BRK/A Berksh-Hath A/brk.a | 0.4% | $7.7m | 59 | 0% | held | |
| 31 | NuStar GP Holdings/nsh UNIT RESTG LLC | 0.4% | $7.0m | 216,560 | 255% | added | |
| 32 | MarkWest Energy/mwe UNIT LTD PARTN | 0.3% | $6.2m | 101,935 | – | new | |
| 33 | Bank Of America *W EXP 01/16/201 | 0.2% | $4.0m | 700,000 | 0% | held | |
| 34 | Primo Water Corp/prmw | 0.1% | $1.8m | 1,600,000 | 0% | held | |
| 35 | TDG TransDigm Group/tdg | Industrials | 0.1% | $1.5m | 10,000 | 0% | held |
| 36 | Crimson Wine/cwgl | 0.1% | $1.4m | 155,000 | – | new | |
| 37 | CSX CSX Corporation/csx | Industrials | 0.1% | $1.3m | 51,061 | 0% | held |
| 38 | EPD Enterprise Products/epd | Energy | 0.0% | $617.0k | 10,232 | 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.