AKRE CAPITAL MANAGEMENT LLC Long-Term Concentrated

CIK: 0001112520 · Show all filings

Period: Q2 2013 (← Previous) (Next →)

Filing Date: Aug 14, 2013

Total Value ($000): $2,210,576 (100.0% shares, 0.0% debt)

Holdings (37)

MA MASTERCARD INC 10.3%

Value ($000) $227,553 Shares 396,088 Est. Cost $51.54 Unrealized 0.0%

MCO MOODYS CORP 9.6%

Value ($000) $211,900 Shares 3,477,765 Est. Cost $53.10 Unrealized 0.0%

— COLFAX CORP 9.2%

Value ($000) $203,229 Shares 3,899,995 Est. Cost $52.11 Unrealized —

— DIRECTV 9.1%

Value ($000) $200,946 Shares 3,260,000 Est. Cost $61.64 Unrealized —

AMT AMERICAN TOWER CORP NEW 6.3%

Value ($000) $139,768 Shares 1,910,180 Est. Cost $59.51 Unrealized 0.0%

MKL MARKEL CORP 5.9%

Value ($000) $129,706 Shares 246,144 Est. Cost $523.59 Unrealized 0.0%

DLTR DOLLAR TREE INC 5.6%

Value ($000) $123,105 Shares 2,421,423 Est. Cost $48.73 Unrealized 0.0%

ROST ROSS STORES INC 4.8%

Value ($000) $105,708 Shares 1,631,048 Est. Cost $28.26 Unrealized 0.0%

ORLY O REILLY AUTOMOTIVE INC NEW 4.2%

Value ($000) $92,328 Shares 819,818 Est. Cost $7.19 Unrealized 0.0%

V VISA INC 4.2%

Value ($000) $91,819 Shares 502,430 Est. Cost $40.02 Unrealized 0.0%

— TD AMERITRADE HLDG CORP 3.5%

Value ($000) $76,730 Shares 3,158,900 Est. Cost $24.29 Unrealized —

— ENSTAR GROUP LIMITED 3.0%

Value ($000) $66,196 Shares 497,791 Est. Cost $132.98 Unrealized —

LPLA LPL FINL HLDGS INC 2.9%

Value ($000) $64,192 Shares 1,700,000 Est. Cost $35.76 Unrealized 0.0%

HIG HARTFORD FINL SVCS GROUP INC 2.8%

Value ($000) $62,714 Shares 2,028,270 Est. Cost $22.20 Unrealized 0.0%

— LEUCADIA NATL CORP 2.4%

Value ($000) $52,440 Shares 2,000,000 Est. Cost $26.22 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 2.3%

Value ($000) $50,375 Shares 3,250,000 Est. Cost $13.58 Unrealized 0.0%

— NUSTAR ENERGY LP 2.2%

Value ($000) $47,932 Shares 1,050,000 Est. Cost $45.65 Unrealized —

VRSK VERISK ANALYTICS INC 2.2%

Value ($000) $47,760 Shares 800,000 Est. Cost $57.10 Unrealized 0.0%

AAPL APPLE INC 1.6%

Value ($000) $36,125 Shares 91,104 Est. Cost $13.16 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value ($000) $33,828 Shares 302,251 Est. Cost $110.02 Unrealized 0.0%

— DISCOVERY COMMUNICATNS NEW 1.3%

Value ($000) $27,909 Shares 400,000 Est. Cost $69.62 Unrealized —

MNRO MONRO MUFFLER BRAKE INC 1.1%

Value ($000) $24,025 Shares 500,000 Est. Cost $44.03 Unrealized 0.0%

FDS FACTSET RESH SYS INC 0.6%

Value ($000) $13,252 Shares 130,000 Est. Cost $83.78 Unrealized 0.0%

— SEARS HLDGS CORP 0.6%

Value ($000) $12,624 Shares 300,000 Est. Cost $42.08 Unrealized —

DHIL DIAMOND HILL INVESTMENT GROU 0.6%

Value ($000) $12,453 Shares 145,500 Est. Cost $41.91 Unrealized 0.0%

— AMERICA MOVIL SAB DE CV 0.5%

Value ($000) $10,875 Shares 500,000 Est. Cost $21.75 Unrealized —

BAC BANK OF AMERICA CORPORATION 0.5%

Value ($000) $10,288 Shares 800,000 Est. Cost $10.03 Unrealized 0.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.4%

Value ($000) $9,947 Shares 59 Est. Cost $165023.42 Unrealized 0.0%

— MARKWEST ENERGY PARTNERS L P 0.4%

Value ($000) $8,873 Shares 132,735 Est. Cost $66.85 Unrealized —

— BANK OF AMERICA CORPORATION 0.2%

Value ($000) $3,822 Shares 700,000 Est. Cost $5.46 Unrealized —

— ANSYS INC 0.2%

Value ($000) $3,655 Shares 50,000 Est. Cost $73.10 Unrealized —

— PRIMO WTR CORP 0.1%

Value ($000) $2,912 Shares 1,600,000 Est. Cost $1.82 Unrealized —

— NUSTAR GP HOLDINGS LLC 0.1%

Value ($000) $1,779 Shares 66,560 Est. Cost $26.73 Unrealized —

TDG TRANSDIGM GROUP INC 0.1%

Value ($000) $1,568 Shares 10,000 Est. Cost $70.58 Unrealized 0.0%

CSX CSX CORP 0.1%

Value ($000) $1,184 Shares 51,061 Est. Cost $6.66 Unrealized 0.0%

EPD ENTERPRISE PRODS PARTNERS L 0.0%

Value ($000) $636 Shares 10,232 Est. Cost $62.16 Unrealized —

— ANNALY CAP MGMT INC 0.0%

Value ($000) $420 Shares 33,409 Est. Cost $12.57 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INC	396,088	$227,553	10.3%	$51.54	0.0%	CL A	57636Q104
MCO	MOODYS CORP	3,477,765	$211,900	9.6%	$53.10	0.0%	COM	615369105
—	COLFAX CORP	3,899,995	$203,229	9.2%	$52.11	—	COM	194014106
—	DIRECTV	3,260,000	$200,946	9.1%	$61.64	—	COM	25490A309
AMT	AMERICAN TOWER CORP NEW	1,910,180	$139,768	6.3%	$59.51	0.0%	COM	03027X100
MKL	MARKEL CORP	246,144	$129,706	5.9%	$523.59	0.0%	COM	570535104
DLTR	DOLLAR TREE INC	2,421,423	$123,105	5.6%	$48.73	0.0%	COM	256746108
ROST	ROSS STORES INC	1,631,048	$105,708	4.8%	$28.26	0.0%	COM	778296103
ORLY	O REILLY AUTOMOTIVE INC NEW	819,818	$92,328	4.2%	$7.19	0.0%	COM	67103H107
V	VISA INC	502,430	$91,819	4.2%	$40.02	0.0%	COM CL A	92826C839
—	TD AMERITRADE HLDG CORP	3,158,900	$76,730	3.5%	$24.29	—	COM	87236Y108
—	ENSTAR GROUP LIMITED	497,791	$66,196	3.0%	$132.98	—	SHS	G3075P101
LPLA	LPL FINL HLDGS INC	1,700,000	$64,192	2.9%	$35.76	0.0%	COM	50212V100
HIG	HARTFORD FINL SVCS GROUP INC	2,028,270	$62,714	2.8%	$22.20	0.0%	COM	416515104
—	LEUCADIA NATL CORP	2,000,000	$52,440	2.4%	$26.22	—	COM	527288104
LYV	LIVE NATION ENTERTAINMENT IN	3,250,000	$50,375	2.3%	$13.58	0.0%	COM	538034109
—	NUSTAR ENERGY LP	1,050,000	$47,932	2.2%	$45.65	—	UNIT COM	67058H102
VRSK	VERISK ANALYTICS INC	800,000	$47,760	2.2%	$57.10	0.0%	CL A	92345Y106
AAPL	APPLE INC	91,104	$36,125	1.6%	$13.16	0.0%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC DEL	302,251	$33,828	1.5%	$110.02	0.0%	CL B NEW	084670702
—	DISCOVERY COMMUNICATNS NEW	400,000	$27,909	1.3%	$69.62	—	COM SER C	25470F302
MNRO	MONRO MUFFLER BRAKE INC	500,000	$24,025	1.1%	$44.03	0.0%	COM	610236101
FDS	FACTSET RESH SYS INC	130,000	$13,252	0.6%	$83.78	0.0%	COM	303075105
—	SEARS HLDGS CORP	300,000	$12,624	0.6%	$42.08	—	COM	812350106
DHIL	DIAMOND HILL INVESTMENT GROU	145,500	$12,453	0.6%	$41.91	0.0%	COM NEW	25264R207
—	AMERICA MOVIL SAB DE CV	500,000	$10,875	0.5%	$21.75	—	SPON ADR L SHS	02364W105
BAC	BANK OF AMERICA CORPORATION	800,000	$10,288	0.5%	$10.03	0.0%	COM	060505104
BRK/A	BERKSHIRE HATHAWAY INC DEL	59	$9,947	0.4%	$165023.42	0.0%	CL A	084670108
—	MARKWEST ENERGY PARTNERS L P	132,735	$8,873	0.4%	$66.85	—	UNIT LTD PARTN	570759100
—	BANK OF AMERICA CORPORATION	700,000	$3,822	0.2%	$5.46	—	*W EXP 01/16/201	060505146
—	ANSYS INC	50,000	$3,655	0.2%	$73.10	—	COM	03662Q105
—	PRIMO WTR CORP	1,600,000	$2,912	0.1%	$1.82	—	COM	74165N105
—	NUSTAR GP HOLDINGS LLC	66,560	$1,779	0.1%	$26.73	—	UNIT RESTG LLC	67059L102
TDG	TRANSDIGM GROUP INC	10,000	$1,568	0.1%	$70.58	0.0%	COM	893641100
CSX	CSX CORP	51,061	$1,184	0.1%	$6.66	0.0%	COM	126408103
EPD	ENTERPRISE PRODS PARTNERS L	10,232	$636	0.0%	$62.16	—	COM	293792107
—	ANNALY CAP MGMT INC	33,409	$420	0.0%	$12.57	—	COM	035710409