13F filing recap · Q1 2005

What did Akre Capital Management buy in Q1 2005?

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

Stock value

$1.14B

Positions

Estimated turnover

26.2%

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

LFGLandamerica Financial Group, Inc.$12.51Mreported value+250.0K shares ORLYO Reilly Automotive Inc$6.05Mreported value+122.2K shares BHRBBurke & Herbert Financial Services Corp.$4.09Mreported value+2.3K shares MECAMagna Entertainment Corp.$1.17Mreported value+190.0K shares DRYSDryships Inc.$877.0Kreported value+45.0K shares PGRProgressive Corp/oh/$303.0Kreported value+3.3K shares MERMerrill Lynch & Co., Inc.$301.0Kreported value+5.3K shares MRSHMarsh & Mclennan Companies, Inc.$205.0Kreported value+6.7K shares EQUUSEquus Gaming Company$58.0Kreported value+61.6K shares

Increased positions

PENNPenn Entertainment, Inc.$195.16Mreported value+4.31M shares+184.6%MKLMarkel Group Inc.$120.77Mreported value+9.1K shares+2.7%AMTAmerican Tower Corporation$110.79Mreported value+261.1K shares+4.5%KMXCarmax, Inc.$61.02Mreported value+43.1K shares

Reduced positions

ISCBInternational Speedway Corporation$12.30Mreported value-245 shares-0.1%EPREpr Properties$984.0Kreported value-2.0K shares-7.8%

Exited positions

DLTRDollar Tree, Inc.$27.44Mprior reported value-953.7K shares-100.0%