Akre Capital Management 13F holdings, Q2 2014
Holdings as of June 30, 2014 · filings on SEC EDGAR · latest filing →
Akre Capital Management disclosed 39 US equity positions worth $3.4bn in its Q2 2014 13F filing. The largest position was COLFAX CORP at 11.2% of the reported book, followed by AMT and MKL. Against the Q1 2014 filing, it opened 2 new positions, added to 11 and reduced 4 among the top 39 holdings.
What did Akre Capital Management own in Q2 2014? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2014 |
|---|---|---|---|---|---|---|---|
| 1 | COLFAX CORP | 11.2% | $384.7m | 5,161,180 | -0% | held | |
| 2 | AMT AMERICAN TOWER CORP NEW | Real Estate | 10.5% | $362.1m | 4,024,596 | -0% | held |
| 3 | MKL MARKEL CORP | Financial Services | 9.4% | $323.4m | 493,273 | 29% | added |
| 4 | MA MASTERCARD INC | Financial Services | 9.1% | $314.4m | 4,278,795 | 8% | added |
| 5 | MCO MOODYS CORP | Financial Services | 8.9% | $305.2m | 3,482,130 | 0% | held |
| 6 | DISCOVERY COMMUNICATNS NEW | 6.0% | $208.2m | 2,868,230 | 61% | added | |
| 7 | DLTR DOLLAR TREE INC | Consumer Defensive | 5.5% | $189.7m | 3,482,423 | 17% | added |
| 8 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 4.6% | $156.8m | 6,350,000 | 0% | held |
| 9 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 3.6% | $123.7m | 821,267 | -0% | held |
| 10 | SBAC SBA COMMUNICATIONS CORP | Real Estate | 3.6% | $122.8m | 1,200,000 | 23% | added |
| 11 | V VISA INC | Financial Services | 3.5% | $120.2m | 570,430 | 0% | held |
| 12 | DHR DANAHER CORP DEL | Healthcare | 3.4% | $118.1m | 1,500,000 | 400% | added |
| 13 | ROP ROPER INDS INC NEW | Technology | 2.9% | $99.6m | 681,900 | 763% | added |
| 14 | AMT TD AMERITRADE HLDG CORP | Real Estate | 2.9% | $99.0m | 3,158,900 | 0% | held |
| 15 | LPLA LPL FINL HLDGS INC | Financial Services | 2.5% | $85.3m | 1,715,000 | 0% | held |
| 16 | ENSTAR GROUP LIMITED | 2.2% | $75.2m | 498,720 | 0% | held | |
| 17 | AAPL APPLE INC | Technology | 1.7% | $59.2m | 637,238 | 600% | added |
| 18 | MARKWEST ENERGY PARTNERS L P | 1.5% | $50.6m | 706,965 | 0% | held | |
| 19 | VRSK VERISK ANALYTICS INC | Industrials | 1.4% | $48.0m | 800,000 | 0% | held |
| 20 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.1% | $39.3m | 310,611 | -0% | held | |
| 21 | KMX CARMAX INC | Consumer Cyclical | 0.9% | $31.2m | 600,000 | 200% | added |
| 22 | MNRO MONRO MUFFLER BRAKE INC | Consumer Cyclical | 0.8% | $26.6m | 500,000 | 0% | held |
| 23 | BVE DIAMOND HILL INVESTMENT GROU | 0.5% | $18.6m | 145,500 | 0% | held | |
| 24 | LIBERTY INTERACTIVE CORP | 0.4% | $13.3m | 180,000 | 100% | added | |
| 25 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.3% | $11.3m | 314,982 | -1% | reduced |
| 26 | AMERICAN TOWER CORP NEW | 0.3% | $10.6m | 100,000 | – | new | |
| 27 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.3% | $9.9m | 52 | 0% | held | |
| 28 | PRIMO WTR CORP | 0.2% | $7.6m | 1,600,000 | 0% | held | |
| 29 | AKX ANSYS INC | 0.2% | $7.6m | 100,300 | 6% | added | |
| 30 | BANK OF AMERICA CORPORATION | 0.1% | $4.8m | 700,000 | 0% | held | |
| 31 | LAMAR ADVERTISING CO | 0.1% | $3.6m | 67,100 | 0% | held | |
| 32 | LEUCADIA NATL CORP | 0.1% | $3.4m | 131,000 | -93% | reduced | |
| 33 | TDG TRANSDIGM GROUP INC | Industrials | 0.0% | $1.7m | 10,000 | 0% | held |
| 34 | CROWN CASTLE INTL CORP | 0.0% | $1.6m | 15,700 | – | new | |
| 35 | CSX CSX CORP | Industrials | 0.0% | $1.3m | 42,899 | -14% | reduced |
| 36 | NUSTAR GP HOLDINGS LLC | 0.0% | $1.1m | 27,775 | 0% | held | |
| 37 | WMB WILLIAMS COS INC DEL | Energy | 0.0% | $1.1m | 18,230 | -3% | reduced |
| 38 | ANNALY CAP MGMT INC | 0.0% | $572.0k | 50,044 | 0% | held | |
| 39 | ARLINGTON ASSET INVT CORP | 0.0% | $273.0k | 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.