Akre Capital Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 42 US equity positions worth $3.1bn in its Q1 2014 13F filing. The largest position was COLFAX CORP at 11.8% of the reported book, followed by AMT and MA. Against the Q4 2013 filing, it opened 3 new positions, added to 13 and reduced 5 among the top 42 holdings.
What did Akre Capital Management own in Q1 2014? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | COLFAX CORP | 11.8% | $368.2m | 5,162,070 | 22% | added | |
| 2 | AMT AMERICAN TOWER CORP NEW | Real Estate | 10.5% | $329.7m | 4,027,121 | 21% | added |
| 3 | MA MASTERCARD INC | Financial Services | 9.5% | $296.1m | 3,963,530 | 900% | added |
| 4 | MCO MOODYS CORP | Financial Services | 8.8% | $276.2m | 3,482,130 | 0% | held |
| 5 | MKL MARKEL CORP | Financial Services | 7.3% | $227.1m | 381,007 | 0% | held |
| 6 | DLTR DOLLAR TREE INC | Consumer Defensive | 5.0% | $155.7m | 2,983,023 | 2% | added |
| 7 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 4.4% | $138.1m | 6,350,000 | 39% | added |
| 8 | DISCOVERY COMMUNICATNS NEW | 4.4% | $137.5m | 1,784,200 | 346% | added | |
| 9 | V VISA INC | Financial Services | 3.9% | $123.1m | 570,430 | 14% | added |
| 10 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 3.9% | $122.0m | 821,882 | 0% | held |
| 11 | ROST ROSS STORES INC | Consumer Cyclical | 3.7% | $116.7m | 1,631,038 | -10% | reduced |
| 12 | AMT TD AMERITRADE HLDG CORP | Real Estate | 3.4% | $107.2m | 3,158,900 | 0% | held |
| 13 | LPLA LPL FINL HLDGS INC | Financial Services | 2.9% | $90.1m | 1,715,000 | 0% | held |
| 14 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 2.8% | $88.9m | 977,600 | – | new |
| 15 | ENSTAR GROUP LIMITED | 2.2% | $68.0m | 498,626 | 0% | held | |
| 16 | LEUCADIA NATL CORP | 1.8% | $56.0m | 2,000,000 | 0% | held | |
| 17 | AAPL APPLE INC | Technology | 1.6% | $48.9m | 91,029 | 0% | held |
| 18 | VRSK VERISK ANALYTICS INC | Industrials | 1.5% | $48.0m | 800,000 | 0% | held |
| 19 | MARKWEST ENERGY PARTNERS L P | 1.5% | $46.2m | 706,965 | 0% | held | |
| 20 | EQIX EQUINIX INC | 1.3% | $39.2m | 212,300 | -4% | reduced | |
| 21 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.2% | $39.0m | 312,019 | 3% | added | |
| 22 | DIRECTV | 1.2% | $38.2m | 500,000 | 0% | held | |
| 23 | MNRO MONRO MUFFLER BRAKE INC | Consumer Cyclical | 0.9% | $28.4m | 500,000 | 0% | held |
| 24 | DHR DANAHER CORP DEL | Healthcare | 0.7% | $22.5m | 300,000 | 7% | added |
| 25 | BVE DIAMOND HILL INVESTMENT GROU | 0.6% | $19.1m | 145,500 | 0% | held | |
| 26 | FDS FACTSET RESH SYS INC | Financial Services | 0.4% | $14.0m | 130,000 | 0% | held |
| 27 | LIBERTY INTERACTIVE CORP | 0.4% | $11.7m | 90,000 | 100% | added | |
| 28 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.4% | $11.2m | 317,874 | -0% | held |
| 29 | ROP ROPER INDS INC NEW | Technology | 0.3% | $10.5m | 79,000 | – | new |
| 30 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.3% | $9.7m | 52 | -12% | reduced | |
| 31 | KMX CARMAX INC | Consumer Cyclical | 0.3% | $9.4m | 200,000 | 100% | added |
| 32 | AKX ANSYS INC | 0.2% | $7.3m | 94,800 | 90% | added | |
| 33 | PRIMO WTR CORP | 0.2% | $6.2m | 1,600,000 | 0% | held | |
| 34 | BANK OF AMERICA CORPORATION | 0.2% | $5.8m | 700,000 | 0% | held | |
| 35 | LAMAR ADVERTISING CO | 0.1% | $3.4m | 67,100 | 0% | held | |
| 36 | TDG TRANSDIGM GROUP INC | Industrials | 0.1% | $1.9m | 10,000 | 0% | held |
| 37 | CSX CSX CORP | Industrials | 0.0% | $1.4m | 49,917 | 0% | held |
| 38 | NUSTAR GP HOLDINGS LLC | 0.0% | $945.0k | 27,775 | 18% | added | |
| 39 | WMB WILLIAMS COS INC DEL | Energy | 0.0% | $766.0k | 18,880 | -4% | reduced |
| 40 | ANNALY CAP MGMT INC | 0.0% | $549.0k | 50,044 | -3% | reduced | |
| 41 | EXMOC EXXON MOBIL CORP | 0.0% | $434.0k | 4,446 | – | new | |
| 42 | ARLINGTON ASSET INVT CORP | 0.0% | $265.0k | 10,000 | 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.