13F filing recap · Q1 2006

What did Akre Capital Management buy in Q1 2006?

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

Stock value

$1.43B

Positions

Estimated turnover

14.9%

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

BYIBally Technologies Inc$37.33Mreported value+2.20M shares ISCBInternational Speedway Corporation$9.60Mreported value+190.0K shares LENLennar Corp /new/$2.41Mreported value+40.0K shares PHMPultegroup, Inc.$2.37Mreported value+61.7K shares KBHKb Home$2.33Mreported value+35.8K shares ORHOdyssey Re Holdings Corp.$2.17Mreported value+100.0K shares RVRWhite River Capital Inc$481.0Kreported value+28.2K shares

Increased positions

AMTAmerican Tower Corporation$238.04Mreported value+3.1K shares+0.0%MKLMarkel Group Inc.$129.14Mreported value+1.6K shares+0.4%NDN99 Cents Only Stores$75.72Mreported value+598.8K shares+12.0%ACFGeneral Motors Financial Co Inc$70.70Mreported value+20.4K shares

Reduced positions

PENNPenn Entertainment, Inc.$296.11Mreported value-35.2K shares-0.5%AESAes Corp$25.51Mreported value-311.8K shares-17.3%BRK.ABerkshire Hathaway Inc$10.21Mreported value-8 shares-6.6%BDYBradley Pharmaceuticals, Inc.$6.29Mreported value-454.1K shares

Exited positions

AGIAlliance Gaming Corp$29.52Mprior reported value-2.27M shares-100.0%LFGLandamerica Financial Group, Inc.$15.60Mprior reported value-250.0K shares-100.0%AAPAdvance Auto Parts, Inc.$12.53Mprior reported value-288.2K shares-100.0%PREPartnerre Ltd$9.44Mprior reported value-143.8K shares