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Chuck Akre Buys BRK.B, MKL, BAC, HIG, AAPL, Sells ARO, WMS, AGO, XOM

gurufocus

gurufocus

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Chuck Akre is one of the best performing gurus this year. He has a very good handle with risks and he focuses his portfolio on high quality companies. As of 09/30/2011, Akre Capital Management, LLC owns 32 stocks with a total value of $589 million. These are the details of the buys and sells.

To learn more about how Chuck Akre invests, please read:

Chuck Akre Value Investing Conference Talk: 'An Investor's Odyssey: The Search for Outstanding Investments'

Answers from GuruFocus' Q&A with Chuck Akre

Chuck Akre buys Berkshire Hathaway B, Markel Corp., Bank Of America Corp., Hartford Financial Svcs., Lpl Investment Holdings Inc., Diamond Hill Investment Group Inc., Td Ameritrade Holding Corp., American Tower Corp. Cl A, Apple Inc., Ross Stores Inc., T. Rowe Price Group Inc., sells Aeropostale Inc., Wms Industries Inc., O Reilly Automotive Inc., Lamar Advertising Company, Assured Guaranty Ltd., Exxon Mobil Corp. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Akre Capital Management, LLC.

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 42.8%
Financials 39.7%
Technology 13.1%
Not Assigned 2.7%
Health Care 1.3%
Industrials 0.2%
Oil & Gas 0.2%
Consumer Goods 0.1%


These are the top 5 holdings of Chuck Akre

  1. American Tower Corp. Cl A (AMT) - 1,372,350 shares, 12.8% of the total portfolio. Shares added by 3.14%
  2. MasterCard Cl A (MA) - 187,070 shares, 11.0% of the total portfolio. Shares added by 0.84%
  3. Dollar Tree Inc. (DLTR) - 718,082 shares, 9.7% of the total portfolio. Shares added by 0.19%
  4. Ross Stores Inc. (ROST) - 641,480 shares, 9.6% of the total portfolio. Shares added by 1.55%
  5. Markel Corp. (MKL) - 132,079 shares, 8.7% of the total portfolio. Shares added by 18.3%


New Purchase: Bank Of America Corp. (BAC)

Chuck Akre initiated holdings in Bank Of America Corp.. His purchase prices were between $6.06 and $11, with an estimated average price of $8.26. The impact to his portfolio due to this purchase was 1.28%. His holdings were 1,100,000 shares as of 09/30/2011. Bank of America Corp. is one of the world's financial services companies. Bank Of America Corp. has a market cap of $59.79 billion; its shares were traded at around $5.9 with and P/S ratio of 0.5. The dividend yield of Bank Of America Corp. stocks is 0.7%.

New Purchase: Hartford Financial Svcs. (HIG)

Chuck Akre initiated holdings in Hartford Financial Svcs.. His purchase prices were between $15.82 and $27.03, with an estimated average price of $20.4. The impact to his portfolio due to this purchase was 0.98%. His holdings were 300,000 shares as of 09/30/2011. Hartford Financial Services is one of the nation's largest investment and insurance companies, offers a complete line of insurance and financial service products to customers all over the world. Hartford Financial Svcs. has a market cap of $7.84 billion; its shares were traded at around $17.59 with a P/E ratio of 7.7 and P/S ratio of 0.3. The dividend yield of Hartford Financial Svcs. stocks is 2.3%.

New Purchase: Apple Inc. (AAPL)

Chuck Akre initiated holdings in Apple Inc.. His purchase prices were between $349.43 and $413.45, with an estimated average price of $381.98. The impact to his portfolio due to this purchase was 0.28%. His holdings were 4,100 shares as of 09/30/2011. Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $356.72 billion; its shares were traded at around $384.77 with a P/E ratio of 13.9 and P/S ratio of 3.3. Apple Inc. had an annual average earnings growth of 112.4% over the past 10 years.

Sold Out: Aeropostale Inc. (ARO)

Chuck Akre sold out his holdings in Aeropostale Inc.. His sale prices were between $9.31 and $18.56, with an estimated average price of $13.44. 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 $1.36 billion; its shares were traded at around $16.85 with a P/E ratio of 9.4 and P/S ratio of 0.6. Aeropostale Inc. had an annual average earnings growth of 31.8% over the past 10 years.

Sold Out: Wms Industries Inc. (WMS)

Chuck Akre sold out his holdings in Wms Industries Inc.. His sale prices were between $17.59 and $29.85, with an estimated average price of $23.31. WMS Industries Inc. current businesses are reported in the following three operating segments: gaming; pinball and cabinets; and contract manufacturing. Wms Industries Inc. has a market cap of $1.14 billion; its shares were traded at around $19.92 with a P/E ratio of 13 and P/S ratio of 1.4. Wms Industries Inc. had an annual average earnings growth of 32.7% over the past 10 years. GuruFocus rated Wms Industries Inc. the business predictability rank of 3-star.

Sold Out: Assured Guaranty Ltd. (AGO)

Chuck Akre sold out his holdings in Assured Guaranty Ltd.. His sale prices were between $9.93 and $16.86, with an estimated average price of $13.07. Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance, structured finance and mortgage markets. Assured Guaranty Ltd. has a market cap of $1.93 billion; its shares were traded at around $10.5 with a P/E ratio of 2.6 and P/S ratio of 1.4. The dividend yield of Assured Guaranty Ltd. stocks is 1.7%.

Sold Out: Exxon Mobil Corp. (XOM)

Chuck Akre sold out his holdings in Exxon Mobil Corp.. His sale prices were between $68.03 and $85.22, with an estimated average price of $76.14. 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 $380.46 billion; its shares were traded at around $78.25 with a P/E ratio of 9.4 and P/S ratio of 1. The dividend yield of Exxon Mobil Corp. stocks is 2.4%. Exxon Mobil Corp. had an annual average earnings growth of 9.1% over the past 10 years.

Added: Berkshire Hathaway B (BRK.B)

Chuck Akre added to his holdings in Berkshire Hathaway B by 129.05%. His purchase prices were between $66 and $77.77, with an estimated average price of $72.28. The impact to his portfolio due to this purchase was 1.57%. His holdings were 211,300 shares as of 09/30/2011. Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway B has a market cap of $184.95 billion; its shares were traded at around $74.67 with a P/E ratio of 12.3 and P/S ratio of 1.4. Berkshire Hathaway B had an annual average earnings growth of 18.2% over the past 10 years.

Added: Markel Corp. (MKL)

Chuck Akre added to his holdings in Markel Corp. by 18.3%. His purchase prices were between $351.13 and $401.75, with an estimated average price of $384.94. The impact to his portfolio due to this purchase was 1.34%. His holdings were 132,079 shares as of 09/30/2011. Markel Corporation markets and underwrites specialty insurance products andprograms to a variety of niche markets. Markel Corp. has a market cap of $3.82 billion; its shares were traded at around $394.07 with a P/E ratio of 17.3 and P/S ratio of 1.7.

Added: Lpl Investment Holdings Inc. (LPLA)

Chuck Akre added to his holdings in Lpl Investment Holdings Inc. by 193.98%. His purchase prices were between $24.47 and $34.65, with an estimated average price of $29.37. The impact to his portfolio due to this purchase was 0.94%. His holdings were 289,425 shares as of 09/30/2011. 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 $3.1 billion; its shares were traded at around $28.74 with a P/E ratio of 15.2 and P/S ratio of 1.

Added: Diamond Hill Investment Group Inc. (DHIL)

Chuck Akre added to his holdings in Diamond Hill Investment Group Inc. by 164.81%. His purchase prices were between $66.63 and $84.96, with an estimated average price of $75.62. The impact to his portfolio due to this purchase was 0.64%. His holdings were 80,000 shares as of 09/30/2011. Diamond Hill Investment Group, Inc. provides investment management services to institutions and financial intermediaries seeking to preserve and build capital. Diamond Hill Investment Group Inc. has a market cap of $220.8 million; its shares were traded at around $73.51 with a P/E ratio of 14.8 and P/S ratio of 4. Diamond Hill Investment Group Inc. had an annual average earnings growth of 32.4% over the past 5 years.

Added: Td Ameritrade Holding Corp. (AMTD)

Chuck Akre added to his holdings in Td Ameritrade Holding Corp. by 42.5%. His purchase prices were between $13.76 and $19.96, with an estimated average price of $16.22. The impact to his portfolio due to this purchase was 0.48%. His holdings were 570,000 shares as of 09/30/2011. TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Td Ameritrade Holding Corp. has a market cap of $9.27 billion; its shares were traded at around $16.4 with a P/E ratio of 14.8 and P/S ratio of 3.4. The dividend yield of Td Ameritrade Holding Corp. stocks is 1.5%. Td Ameritrade Holding Corp. had an annual average earnings growth of 2% over the past 5 years.

Added: American Tower Corp. Cl A (AMT)

Chuck Akre added to his holdings in American Tower Corp. Cl A by 3.14%. His purchase prices were between $46.35 and $55.21, with an estimated average price of $52.49. The impact to his portfolio due to this purchase was 0.39%. His holdings were 1,372,350 shares as of 09/30/2011. American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. American Tower Corp. Cl A has a market cap of $22.63 billion; its shares were traded at around $57.17 with a P/E ratio of 82.8 and P/S ratio of 11.4. American Tower Corp. Cl A had an annual average earnings growth of 9.1% over the past 10 years.

Added: Ross Stores Inc. (ROST)

Chuck Akre added to his holdings in Ross Stores Inc. by 1.55%. His purchase prices were between $68.49 and $81.27, with an estimated average price of $76.39. The impact to his portfolio due to this purchase was 0.15%. His holdings were 641,480 shares as of 09/30/2011. 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 $10.16 billion; its shares were traded at around $87.89 with a P/E ratio of 17.1 and P/S ratio of 1.3. The dividend yield of Ross Stores Inc. stocks is 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: T. Rowe Price Group Inc. (TROW)

Chuck Akre added to his holdings in T. Rowe Price Group Inc. by 9.12%. His purchase prices were between $46.44 and $61.87, with an estimated average price of $53.47. The impact to his portfolio due to this purchase was 0.08%. His holdings were 110,130 shares as of 09/30/2011. T. Rowe Price Associates, Inc. is an investment adviser to individual and institutional investors in the sponsored T. T. Rowe Price Group Inc. has a market cap of $13.71 billion; its shares were traded at around $53.47 with a P/E ratio of 18.4 and P/S ratio of 5.8. The dividend yield of T. Rowe Price Group Inc. stocks is 2.4%. T. Rowe Price Group Inc. had an annual average earnings growth of 12.8% over the past 10 years. GuruFocus rated T. Rowe Price Group Inc. the business predictability rank of 4-star.

Reduced: O Reilly Automotive Inc. (ORLY)

Chuck Akre reduced to his holdings in O Reilly Automotive Inc. by 11.42%. His sale prices were between $56.91 and $71.72, with an estimated average price of $64.26. The impact to his portfolio due to this sale was -0.82%. Chuck Akre still held 540,525 shares as of 09/30/2011. 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 $10.42 billion; its shares were traded at around $76.62 with a P/E ratio of 21.3 and P/S ratio of 2. 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.

Reduced: Lamar Advertising Company (LAMR)

Chuck Akre reduced to his holdings in Lamar Advertising Company by 9.49%. His sale prices were between $16.96 and $28.35, with an estimated average price of $22.07. The impact to his portfolio due to this sale was -0.74%. Chuck Akre still held 1,438,798 shares as of 09/30/2011. 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 $2.68 billion; its shares were traded at around $24.35 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.

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gurufocus
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