0001112520-13-000005.txt : 20130212
0001112520-13-000005.hdr.sgml : 20130212
20130212161140
ACCESSION NUMBER: 0001112520-13-000005
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130212
DATE AS OF CHANGE: 20130212
EFFECTIVENESS DATE: 20130212
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AKRE CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001112520
IRS NUMBER: 541968332
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06599
FILM NUMBER: 13597313
BUSINESS ADDRESS:
STREET 1: 2 WEST MARSHALL STREET
CITY: MIDDLEBURG
STATE: VA
ZIP: 20117
BUSINESS PHONE: 540-687-3880
MAIL ADDRESS:
STREET 1: 2 WEST MARSHALL STREET
CITY: MIDDLEBURG
STATE: VA
ZIP: 20117
13F-HR
1
d1350059_13f-hr.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended: December 31, 2012
Check here if Amendment: |_|; Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding entries.
Institutional Manager Filing this Report:
Name: Akre Capital Management, LLC
Address: 2 West Marshall Street
P.O. Box 998
Middleburg, Virginia 20118
13F File Number: 028-06599
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Charles T. Akre
Title: Managing Member
Phone: (540) 687-8928
Signature, Place and Date of Signing:
/s/ Charles T. Akre Middleburg, VA February 13, 2013
------------------------- -------------------------- --------------------
[Signature] [City, State] [Date]
Report Type: (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report).
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting managers(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion
are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager: None
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 36
Form 13F Information Table Value Total: $1,418,248
(x1000)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
--- --------------------- -----
1. 028-13109 Braddock Partners, LP
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MNGRS SOLE SHARED NONE
American Tower/amt CL A 03027X100 131,264 1,698,769 SH Sole 1,698,769
Apple Inc/aapl COM 037833100 18,682 35,106 SH Sole 35,106
Artio Global/art COM CL A 04315B107 1,520 800,000 SH Sole 800,000
Bank of America/bac COM 060505104 9,288 800,000 SH Sole 800,000
Berks-Hath B/brk.b CL B NEW 084670702 27,649 308,236 SH Sole 308,236
Berksh-Hath A/brk.a COM 084670108 7,910 59 SH Sole 59
CSX Corporation/csx COM 126408103 1,007 51,061 SH Sole 51,061
Colfax Corp/cfx COM 194014106 49,198 1,219,280 SH Sole 1,219,280
Diamond Hill/dhil COM NEW 25264R207 9,874 145,500 SH Sole 145,500
DirecTv/dtv COM 25490A101 50,160 1,000,000 SH Sole 1,000,000
Dollar Tree/dltr COM 256746108 91,871 2,265,058 SH Sole 2,265,058
Enstar/esgr SHS G3075P101 56,586 505,325 SH Sole 505,325
FactSet/fds COM 303075105 11,448 130,000 SH Sole 130,000
Hartford/hig COM 416515104 30,658 1,366,200 SH Sole 1,366,200
Jeffries Group/jef COM 472319102 4,585 246,914 SH Sole 246,914
LPL Financial/lpla COM 50213H100 47,872 1,700,000 SH Sole 1,700,000
Lamar Advertising/lamr CL A 512815101 24,077 621,348 SH Sole 621,348
Leucadia Nat/luk COM 527288104 42,822 1,800,000 SH Sole 1,800,000
Markel/mkl COM 570535104 101,461 234,094 SH Sole 234,094
Mastercard/ma CL A 57636Q104 167,909 341,778 SH Sole 341,778
Monro Muf-Brake/mnro COM 610236101 17,450 500,000 SH Sole 500,000
Moodys Corp/mco COM 615369105 111,562 2,217,054 SH Sole 2,217,054
O Reilly auto/orly COM 67103H107 73,759 824,863 SH Sole 824,863
Primo Water Corp/prmw COM 74165N105 1,904 1,600,000 SH Sole 1,600,000
Ross Stores/rost COM 778296103 104,811 1,937,709 SH Sole 1,937,709
Sears Hldg/shld COM 812350106 12,408 300,000 SH Sole 300,000
TD Ameritrade/amtd COM 87236Y108 53,185 3,163,900 SH Sole 3,163,900
TransDigm Group/tdg COM 893641100 1,364 10,000 SH Sole 10,000
Verisk Analytics/vrsk COM 92345Y106 40,776 800,000 SH Sole 800,000
Visa/v COM CL A 92826C839 56,453 372,430 SH Sole 372,430
White River Cap/rvr COM 96445P105 1,982 93,273 SH Sole 93,273
Annaly Capital/nly COM 035710409 35,585 2,534,525 SH Sole 2,534,525
Enterprise Products/epd COM 293792107 512 10,232 SH Sole 10,232
Hartford Financial Pfd. DEP CONV PFD 416515708 15,175 734,881 SH Sole 734,881
NuStar GP Holdings/nsh UNIT RESTG LLC 67059L102 1,688 60,970 SH Sole 60,970
Bank Of America *W EXP 01/16/201 060505146 3,793 700,000 SH Sole 700,000
1,418,248