13F filing recap · Q4 2010

What did Akre Capital Management buy in Q4 2010?

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

Stock value

$476.92M

Positions

Estimated turnover

13.0%

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

TECHBio-Techne Corp$3.28Mreported value+50.0K shares KMBKimberly-Clark Corporation$1.89Mreported value+30.0K shares PRMWPrimo Water Corporation$1.07Mreported value+75.0K shares LPLALpl Financial Holdings Inc.$727.0Kreported value+20.0K shares

Increased positions

AMTAmerican Tower Corporation$66.40Mreported value+213.9K shares+20.0%LAMRLamar Advertising Co/new$49.37Mreported value+985 shares+0.1%MKLMarkel Group Inc.$43.69Mreported value+443 shares+0.4%ESGREnstar Group Limited$39.19Mreported value+67.8K shares

Reduced positions

TRADTradestation Group Inc$1.82Mreported value-135.0K shares-33.3%

Exited positions

WRBW. R. Berkley Corp$2.71Mprior reported value-100.0K shares-100.0%CRICarter'S, Inc.$2.63Mprior reported value-100.0K shares-100.0%GLREGreenlight Capital Re, Ltd.$1.25Mprior reported value-50.0K shares-100.0%EPEEnterprise Gp Holdings L.p.$517.0Kprior reported value-8.8K shares