10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Value Investor Chuck Akre Reports Q1 Portfolio; Buys ARO, EPD, XOM, DLTR, AMT, MA

Value investor Chuck Akre likes to buy companies that have good business, good management and the ability to reinvest. He calls this the three-leg stool. He thinks that reinvesting is extremely important for future business growth. As of 03/31/2011, Akre Capital Management, LLC owns 33 stocks with a total value of $515 million. These are the details of the buys and sells.

Chuck Akre has outperformed the market in 9 out of 10 years over the past decade. The only year he underperformed was 2008, when he lost about 43% and the S&P500 lost 37%. Over the past 10 years, his portfolio gained more than 164%, while the market gained just 16%.

After the deep loss in 2008, Chuck Akre appreciates more about macro economy and market valuations. This is also the case with a lot of other value investors, including David Einhorn.

This is the portfolio chart of Chuck Akre. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Chuck Akre's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Chuck+Akre

This is the sector weightings of his portfolio:

Consumer Services 43.6%
Financials 35.6%
Technology 14%
Health Care 1.5%
Consumer Goods 0.4%
Industrials 0.3%
Oil & Gas 0.3%


These are the top 5 holdings of Chuck Akre

  1. AMERICAN TOWER CORP. (AMT) - 1,389,005 shares, 13.98% of the total portfolio. Shares added by 8.03%
  2. MARKEL Corp. (MKL) - 112,116 shares, 9.02% of the total portfolio. Shares reduced by 2.96%
  3. Lamar Advertising Company (LAMR) - 1,257,423 shares, 9.02% of the total portfolio. Shares added by 1.46%
  4. Enstar Group Ltd. (ESGR) - 458,868 shares, 8.9% of the total portfolio. Shares reduced by 0.97%
  5. Ross Stores Inc. (ROST) - 632,385 shares, 8.73% of the total portfolio. Shares added by 12.21%


Added: Dollar Tree Inc. (DLTR)

Chuck Akre added to his holdings in Dollar Tree Inc. by 15.9%. His purchase prices were between $49.26 and $56.55, with an estimated average price of $52.1. The impact to his portfolio due to this purchase was 1.05%. His holdings were 711,004 shares as of 03/31/2011.

Dollar Tree Stores, Inc is an operator of discount variety stores offering merchandise at a fixed price point of $1. Dollar Tree Inc. has a market cap of $7.36 billion; its shares were traded at around $60.3 with a P/E ratio of 18.6 and P/S ratio of 1.3. Dollar Tree Inc. had an annual average earnings growth of 13.4% over the past 10 years. GuruFocus rated Dollar Tree Inc. the business predictability rank of 3-star.

Added: American Tower Corp. (AMT)

Chuck Akre added to his holdings in American Tower Corp. by 8.03%. His purchase prices were between $46.61 and $56.73, with an estimated average price of $51.75. The impact to his portfolio due to this purchase was 1.04%. His holdings were 1,389,005 shares as of 03/31/2011.

American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. American Tower Corp. has a market cap of $20.81 billion; its shares were traded at around $52.2 with a P/E ratio of 56.8 and P/S ratio of 10.4. American Tower Corp. had an annual average earnings growth of 9.1% over the past 10 years.

Added: Mastercard Inc. (MA)

Chuck Akre added to his holdings in Mastercard Inc. by 13.83%. His purchase prices were between $220.85 and $254.96, with an estimated average price of $242.76. The impact to his portfolio due to this purchase was 0.95%. His holdings were 159,220 shares as of 03/31/2011.

MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. Mastercard Inc. has a market cap of $36.83 billion; its shares were traded at around $282.05 with a P/E ratio of 19 and P/S ratio of 6.7. The dividend yield of Mastercard Inc. stocks is 0.2%.

Added: Ross Stores Inc. (ROST)

Chuck Akre added to his holdings in Ross Stores Inc. by 12.21%. His purchase prices were between $62.2 and $72.41, with an estimated average price of $68.25. The impact to his portfolio due to this purchase was 0.95%. His holdings were 632,385 shares as of 03/31/2011.

Ross Stores, Inc. operates a chain of off-price retail apparel and home accessories stores, which target value conscious men and women between the ages of 25 and 54 in middle-to-upper middle income households. Ross Stores Inc. has a market cap of $9.52 billion; its shares were traded at around $81 with a P/E ratio of 17.5 and P/S ratio of 1.2. The dividend yield of Ross Stores Inc. stocks is 1.1%. Ross Stores Inc. had an annual average earnings growth of 15% over the past 10 years. GuruFocus rated Ross Stores Inc. the business predictability rank of 3-star.

Added: Optionsxpress Holdings Inc. (OXPS)

Chuck Akre added to his holdings in Optionsxpress Holdings Inc. by 57.71%. His purchase prices were between $14.105 and $18.49, with an estimated average price of $15.66. The impact to his portfolio due to this purchase was 0.82%. His holdings were 630,853 shares as of 03/31/2011.

optionsXpress Holdings, Inc. provides innovative securities brokerage products and services for investor education, strategy evaluation and trade execution. Optionsxpress Holdings Inc. has a market cap of $1.01 billion; its shares were traded at around $17.57 with a P/E ratio of 19.1 and P/S ratio of 4.4. Optionsxpress Holdings Inc. had an annual average earnings growth of 16.8% over the past 10 years.

Added: Annaly Capital Management. Inc. (NLY)

Chuck Akre added to his holdings in Annaly Capital Management. Inc. by 842.19%. His purchase prices were between $17.35 and $18.12, with an estimated average price of $17.8. The impact to his portfolio due to this purchase was 0.63%. His holdings were 208,225 shares as of 03/31/2011.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly Capital Management. Inc. has a market cap of $14.35 billion; its shares were traded at around $17.84 with a P/E ratio of 7.2 and P/S ratio of 5.4. The dividend yield of Annaly Capital Management. Inc. stocks is 13.9%. Annaly Capital Management. Inc. had an annual average earnings growth of 2% over the past 10 years.

Added: Lpl Investment Holdings Inc. (LPLA)

Chuck Akre added to his holdings in Lpl Investment Holdings Inc. by 392.25%. His purchase prices were between $32.29 and $36.37, with an estimated average price of $33.81. The impact to his portfolio due to this purchase was 0.54%. His holdings were 98,450 shares as of 03/31/2011.

LPL Investment Holdings is an independent broker- offer proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to independent financial advisors and financial advisors at financial institutions. Lpl Investment Holdings Inc. has a market cap of $3.71 billion; its shares were traded at around $34.12 with a P/E ratio of 19 and P/S ratio of 1.2.

Added: O Reilly Automotive Inc. (ORLY)

Chuck Akre added to his holdings in O Reilly Automotive Inc. by 6.6%. His purchase prices were between $54.58 and $60.69, with an estimated average price of $56.76. The impact to his portfolio due to this purchase was 0.35%. His holdings were 504,345 shares as of 03/31/2011.

O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O Reilly Automotive Inc. has a market cap of $8.38 billion; its shares were traded at around $59.51 with a P/E ratio of 18.7 and P/S ratio of 1.6. O Reilly Automotive Inc. had an annual average earnings growth of 16.7% over the past 10 years. GuruFocus rated O Reilly Automotive Inc. the business predictability rank of 5-star.

Added: Lamar Advertising Company (LAMR)

Chuck Akre added to his holdings in Lamar Advertising Company by 1.46%. His purchase prices were between $34.93 and $41.54, with an estimated average price of $38.3. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,257,423 shares as of 03/31/2011.

Lamar Advertising Company is one of the largest and most experienced owners and operators of outdoor advertising structures in the United States. Lamar Advertising Company has a market cap of $2.73 billion; its shares were traded at around $29.49 with and P/S ratio of 2.5. Lamar Advertising Company had an annual average earnings growth of 5.9% over the past 10 years. GuruFocus rated Lamar Advertising Company the business predictability rank of 3.5-star.

New Purchase: Aeropostale Inc (ARO)

Chuck Akre initiated holdings in Aeropostale Inc. His purchase prices were between $23.05 and $26.64, with an estimated average price of $24.87. The impact to his portfolio due to this purchase was 0.47%. His holdings were 100,000 shares as of 03/31/2011.

Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting fourteen to seventeen year-old young women and men. Aeropostale Inc has a market cap of $1.73 billion; its shares were traded at around $21.15 with a P/E ratio of 8.3 and P/S ratio of 0.7. Aeropostale Inc had an annual average earnings growth of 31.8% over the past 10 years.

New Purchase: Enterprise Products Part. (EPD)

Chuck Akre initiated holdings in Enterprise Products Part.. His purchase prices were between $39.51 and $44, with an estimated average price of $42.67. The impact to his portfolio due to this purchase was 0.11%. His holdings were 13,207 shares as of 03/31/2011.

Enterprise Products Partners L.P. is a integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. Enterprise Products Part. has a market cap of $33.41 billion; its shares were traded at around $39.6 with a P/E ratio of 21.2 and P/S ratio of 1. The dividend yield of Enterprise Products Part. stocks is 6%. Enterprise Products Part. had an annual average earnings growth of 7% over the past 10 years.

New Purchase: Exxon Mobil Corp. (XOM)

Chuck Akre initiated holdings in Exxon Mobil Corp.. His purchase prices were between $73.12 and $85.97, with an estimated average price of $81.35. The impact to his portfolio due to this purchase was 0.04%. His holdings were 2,528 shares as of 03/31/2011.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $398.72 billion; its shares were traded at around $80.41 with a P/E ratio of 11.4 and P/S ratio of 1. The dividend yield of Exxon Mobil Corp. stocks is 2.3%. Exxon Mobil Corp. had an annual average earnings growth of 9.1% over the past 10 years.

Reduced: Tradestation Group Inc (TRAD)

Chuck Akre reduced to his holdings in Tradestation Group Inc by 33.49%. His sale prices were between $6.54 and $7.19, with an estimated average price of $6.94. The impact to his portfolio due to this sale was -0.13%. Chuck Akre still held 179,574 shares as of 03/31/2011.

TradeStation Group, Inc., through its operating subsidiary, TradeStation Securities, Inc. Tradestation Group Inc has a market cap of $389.6 million; its shares were traded at around $9.71 with a P/E ratio of 57.1 and P/S ratio of 3.

Sold Out: Msci Inc. (MSCI)

Chuck Akre sold out his holdings in Msci Inc.. His sale prices were between $33.91 and $39.72, with an estimated average price of $36.04.

MSCI Inc. is a provider of investment decision support tools to investment institutions worldwide. Msci Inc. has a market cap of $4.36 billion; its shares were traded at around $36.28 with a P/E ratio of 25.9 and P/S ratio of 6.5.

Sold Out: 99 Cents Only Stores (NDN)

Chuck Akre sold out his holdings in 99 Cents Only Stores. His sale prices were between $14.77 and $19.74, with an estimated average price of $16.76.

99 Cents Only Stores is a deep-discount retailer of name-brand, consumable general merchandise. 99 Cents Only Stores has a market cap of $1.42 billion; its shares were traded at around $20.26 with a P/E ratio of 18.9 and P/S ratio of 1. 99 Cents Only Stores had an annual average earnings growth of 15.7% over the past 10 years. GuruFocus rated 99 Cents Only Stores the business predictability rank of 3.5-star.

Sold Out: Ensco Plc (ESV)

Chuck Akre sold out his holdings in Ensco Plc. His sale prices were between $50.1 and $58.7, with an estimated average price of $54.32.

Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. Ensco Plc has a market cap of $7.71 billion; its shares were traded at around $54.11 with a P/E ratio of 17.4 and P/S ratio of 4.5. The dividend yield of Ensco Plc stocks is 2.6%. Ensco Plc had an annual average earnings growth of 19.2% over the past 10 years. GuruFocus rated Ensco Plc the business predictability rank of 4.5-star.

Sold Out: Fox Chase Bancorp Inc. (FXCB)

Chuck Akre sold out his holdings in Fox Chase Bancorp Inc.. His sale prices were between $11.36 and $14.01, with an estimated average price of $12.59.

FOX CHASE BANCORP, INC. is the mid-tier stock holding company of Fox Chase Bank, a federally chartered savings bank. Fox Chase Bancorp Inc. has a market cap of $193.1 million; its shares were traded at around $13.28 with a P/E ratio of 53.1 and P/S ratio of 3.6. The dividend yield of Fox Chase Bancorp Inc. stocks is 0.3%.

Sold Out: Primo Water Corp. (PRMW)

Chuck Akre sold out his holdings in Primo Water Corp.. His sale prices were between $10.29 and $14.49, with an estimated average price of $12.8.

Prime Water Corporation operates as a provider of three- and five-gallon purified bottled water and water dispensers sold through major retailers nationwide. Primo Water Corp. has a market cap of $269 million; its shares were traded at around $14.07 with and P/S ratio of 6.


Rating: 3.2/5 (9 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK