13F filing recap · Q2 2004

What did Akre Capital Management buy in Q2 2004?

Reported stock-position changes between this filing and the previous one.

Stock value

$591.37M

Positions

Estimated turnover

16.2%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

PRAProassurance Corp$2.56Mreported value+75.0K shares TGICTriad Guaranty Inc.$1.75Mreported value+30.0K shares MTLGMetrologic Instruments$997.0Kreported value+50.0K shares SSPE.w. Scripps Co.$525.0Kreported value+5.0K shares DDMXDynamex Inc$512.0Kreported value+36.8K shares XOMExxon Mobil Corp.$201.0Kreported value+4.5K shares EQUUSEquus Gaming Company$42.0Kreported value+23.3K shares

Increased positions

AMTAmerican Tower Corporation$82.75Mreported value+123.0K shares+2.3%MKLMarkel Group Inc.$71.19Mreported value+58.8K shares+29.7%PENNPenn Entertainment, Inc.$70.88Mreported value+33.2K shares+1.6%KMXCarmax, Inc.$34.50Mreported value+877.8K shares

Reduced positions

AESAes Corp$13.73Mreported value-1.8K shares-0.1%ISCAInternational Speedway Corporation$10.98Mreported value-400 shares-0.2%UPBDUpbound Group, Inc$10.47Mreported value-50.0K shares-12.5%BRK.ABerkshire Hathaway Inc$8.27Mreported value-11 shares

Exited positions

RYLCalatlantic Group Inc$7.11Mprior reported value-80.0K shares-100.0%PVNProvidian Financial Corporation$5.24Mprior reported value-400.0K shares-100.0%BZHBeazer Homes Usa, Inc.$3.18Mprior reported value-30.0K shares-100.0%CBChubb Limited$695.0Kprior reported value-10.0K shares