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