ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 3, 2018

Total Value: $1.861B (99.7% shares, 0.3% debt)

Holdings (30)

GBIL GOLDMAN SACHS ETF TR 29.5%

Value $548M Shares 5,477,235 Share Price $100.12 Est. Cost/Share $100.15 Unrealized @ Report Date —

— EXPRESS SCRIPTS HLDG CO 7.4%

Value $138M Shares 1,786,786 Share Price $77.21 Est. Cost/Share $73.33 Unrealized @ Report Date —

VOD VODAFONE GROUP PLC NEW 6.2%

Value $116M Shares 4,777,428 Share Price $24.31 Est. Cost/Share $30.64 Unrealized @ Report Date —

MSFT MICROSOFT CORP 6.2%

Value $116M Shares 1,172,218 Share Price $98.61 * Est. Cost/Share $31.59 Unrealized @ Report Date +184.1%

— LIBERTY GLOBAL PLC 6.1%

Value $113M Shares 4,252,303 Share Price $26.61 Est. Cost/Share $30.90 Unrealized @ Report Date —

— CENTURYLINK INC 6.1%

Value $113M Shares 6,059,559 Share Price $18.64 Est. Cost/Share $16.60 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 5.8%

Value $107M Shares 574,123 Share Price $186.65 * Est. Cost/Share $135.37 Unrealized @ Report Date +44.0%

JNJ JOHNSON & JOHNSON 5.5%

Value $102M Shares 843,429 Share Price $121.34 * Est. Cost/Share $69.67 Unrealized @ Report Date +44.5%

AAP ADVANCE AUTO PARTS INC 5.5%

Value $101M Shares 747,468 Share Price $135.70 * Est. Cost/Share $86.20 Unrealized @ Report Date +24.0%

— GENERAL MTRS CO 5.2%

Value $97.23M Shares 2,467,744 Share Price $39.40 Est. Cost/Share $35.14 Unrealized @ Report Date —

— SPX CORP 4.3%

Value $79.23M Shares 2,260,519 Share Price $35.05 Est. Cost/Share $13.96 Unrealized @ Report Date —

— SPX FLOW INC 3.7%

Value $68.06M Shares 1,554,972 Share Price $43.77 Est. Cost/Share $29.66 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 3.5%

Value $65.61M Shares 629,659 Share Price $104.20 * Est. Cost/Share $40.84 Unrealized @ Report Date +118.0%

— RESOLUTE FST PRODS INC 2.9%

Value $53.52M Shares 5,170,732 Share Price $10.35 Est. Cost/Share $11.19 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.4%

Value $7.835M Shares 404,289 Share Price $19.38 Est. Cost/Share $20.53 Unrealized @ Report Date -6.5%

JCI JOHNSON CTLS INTL PLC 0.4%

Value $7.026M Shares 210,040 Share Price $33.45 * Est. Cost/Share $31.32 Unrealized @ Report Date -6.6%

— HOWARD HUGHES CORP 0.3%

Value $5.394M Shares 40,711 Share Price $132.49 Est. Cost/Share $118.36 Unrealized @ Report Date —

BSV VANGUARD BD INDEX FD INC 0.2%

Value $4.278M Shares 54,695 Share Price $78.22 Est. Cost/Share $80.13 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.2%

Value $3.848M Shares 227,668 Share Price $16.90 * Est. Cost/Share $9.12 Unrealized @ Report Date +65.1%

— TENNECO INC 0.2%

Value $3.59M Shares 81,676 Share Price $43.95 Est. Cost/Share $51.21 Unrealized @ Report Date —

— COMSTOCK RES INC 0.2%

Value $2.963M Shares 3,017,454 Share Price $0.98 Est. Cost/Share $0.92 Unrealized @ Report Date —

— COMSTOCK RES INC 0.1%

Value $2.116M Shares 2,158,001 Share Price $0.98 Est. Cost/Share $0.81 Unrealized @ Report Date —

— DELL TECHNOLOGIES INC 0.1%

Value $1.759M Shares 20,792 Share Price $84.60 Est. Cost/Share $60.07 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $749K Shares 14,795 Share Price $50.63 Est. Cost/Share $51.52 Unrealized @ Report Date —

MRK MERCK & CO INC 0.0%

Value $590K Shares 9,731 Share Price $60.63 * Est. Cost/Share $33.30 Unrealized @ Report Date +33.7%

CRK COMSTOCK RES INC 0.0%

Value $526K Shares 50,000 Share Price $10.52 * Est. Cost/Share $6.16 Unrealized @ Report Date +29.5%

VTEB VANGUARD MUN BD FD INC 0.0%

Value $500K Shares 9,806 Share Price $50.99 Est. Cost/Share $52.34 Unrealized @ Report Date —

MBI MBIA INC 0.0%

Value $466K Shares 51,600 Share Price $9.03 * Est. Cost/Share $3.59 Unrealized @ Report Date +9.7%

VTI VANGUARD INDEX FDS 0.0%

Value $188K Shares 1,341 Share Price $140.19 Est. Cost/Share $92.76 Unrealized @ Report Date —

INTC INTEL CORP 0.0%

Value $99,000 Shares 1,993 Share Price $49.67 * Est. Cost/Share $23.38 Unrealized @ Report Date +92.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	5,477,235	$548M	29.5%	$100.12	$100.15	—	TREASURYACCESS	381430529
—	EXPRESS SCRIPTS HLDG CO	1,786,786	$138M	7.4%	$77.21	$73.33	—	COM	30219G108
VOD	VODAFONE GROUP PLC NEW	4,777,428	$116M	6.2%	$24.31	$30.64	—	SPONSORED ADR	92857W308
MSFT	MICROSOFT CORP	1,172,218	$116M	6.2%	$98.61 *	$31.59	+184.1%	COM	594918104
—	LIBERTY GLOBAL PLC	4,252,303	$113M	6.1%	$26.61	$30.90	—	SHS CL C	G5480U120
—	CENTURYLINK INC	6,059,559	$113M	6.1%	$18.64	$16.60	—	COM	156700106
BRK/B	BERKSHIRE HATHAWAY INC DEL	574,123	$107M	5.8%	$186.65 *	$135.37	+44.0%	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	843,429	$102M	5.5%	$121.34 *	$69.67	+44.5%	COM	478160104
AAP	ADVANCE AUTO PARTS INC	747,468	$101M	5.5%	$135.70 *	$86.20	+24.0%	COM	00751Y106
—	GENERAL MTRS CO	2,467,744	$97.23M	5.2%	$39.40	$35.14	—	COM	37045v100
—	SPX CORP	2,260,519	$79.23M	4.3%	$35.05	$13.96	—	COM	784635104
—	SPX FLOW INC	1,554,972	$68.06M	3.7%	$43.77	$29.66	—	COM	78469X107
JPM	JPMORGAN CHASE & CO	629,659	$65.61M	3.5%	$104.20 *	$40.84	+118.0%	COM	46625H100
—	RESOLUTE FST PRODS INC	5,170,732	$53.52M	2.9%	$10.35	$11.19	—	COM	76117W109
LILAK	LIBERTY LATIN AMERICA LTD	404,289	$7.835M	0.4%	$19.38	$20.53	-6.5%	COM CL C	G9001E128
JCI	JOHNSON CTLS INTL PLC	210,040	$7.026M	0.4%	$33.45 *	$31.32	-6.6%	SHS	G51502105
—	HOWARD HUGHES CORP	40,711	$5.394M	0.3%	$132.49	$118.36	—	COM	44267D107
BSV	VANGUARD BD INDEX FD INC	54,695	$4.278M	0.2%	$78.22	$80.13	—	SHORT TRM BOND	921937827
KINS	KINGSTONE COS INC	227,668	$3.848M	0.2%	$16.90 *	$9.12	+65.1%	COM	496719105
—	TENNECO INC	81,676	$3.59M	0.2%	$43.95	$51.21	—	COM	880349105
—	COMSTOCK RES INC	3,017,454	$2.963M	0.2%	$0.98	$0.92	—	NOTE 9.500% 6/1	205768an4
—	COMSTOCK RES INC	2,158,001	$2.116M	0.1%	$0.98	$0.81	—	NOTE 7.750% 4/0	205768am6
—	DELL TECHNOLOGIES INC	20,792	$1.759M	0.1%	$84.60	$60.07	—	COM CL V	24703L103
SCHZ	SCHWAB STRATEGIC TR	14,795	$749K	0.0%	$50.63	$51.52	—	US AGGREGATE B	808524839
MRK	MERCK & CO INC	9,731	$590K	0.0%	$60.63 *	$33.30	+33.7%	COM	58933Y105
CRK	COMSTOCK RES INC	50,000	$526K	0.0%	$10.52 *	$6.16	+29.5%	COM	205768302
VTEB	VANGUARD MUN BD FD INC	9,806	$500K	0.0%	$50.99	$52.34	—	TAX EXEMPT BD	922907746
MBI	MBIA INC	51,600	$466K	0.0%	$9.03 *	$3.59	+9.7%	COM	55262C100
VTI	VANGUARD INDEX FDS	1,341	$188K	0.0%	$140.19	$92.76	—	TOTAL STK MKT	922908769
INTC	INTEL CORP	1,993	$99,000	0.0%	$49.67 *	$23.38	+92.7%	COM	458140100