ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value: $1.887B (100.0% shares, 0.0% debt)

Holdings (29)

GBIL GOLDMAN SACHS ETF TR 32.6%

Value $616M Shares 6,147,386 Share Price $100.16 Est. Cost/Share $100.15 Unrealized @ Report Date —

— LIBERTY GLOBAL PLC 8.4%

Value $159M Shares 5,660,237 Share Price $28.16 Est. Cost/Share $30.22 Unrealized @ Report Date —

VOD VODAFONE GROUP PLC NEW 7.8%

Value $147M Shares 6,772,359 Share Price $21.70 Est. Cost/Share $28.01 Unrealized @ Report Date —

MSFT MICROSOFT CORP 6.9%

Value $130M Shares 1,137,665 Share Price $114.37 * Est. Cost/Share $31.59 Unrealized @ Report Date +219.1%

— CENTURYLINK INC 6.8%

Value $129M Shares 6,078,948 Share Price $21.20 Est. Cost/Share $16.60 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 6.5%

Value $123M Shares 576,157 Share Price $214.11 * Est. Cost/Share $135.37 Unrealized @ Report Date +51.6%

JNJ JOHNSON & JOHNSON 6.2%

Value $117M Shares 846,250 Share Price $138.17 * Est. Cost/Share $69.67 Unrealized @ Report Date +55.1%

— GENERAL MTRS CO 5.2%

Value $97.85M Shares 2,906,276 Share Price $33.67 Est. Cost/Share $34.92 Unrealized @ Report Date —

— SPX FLOW INC 4.5%

Value $84.51M Shares 1,625,262 Share Price $52.00 Est. Cost/Share $30.62 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 3.8%

Value $71.27M Shares 631,568 Share Price $112.84 * Est. Cost/Share $40.84 Unrealized @ Report Date +126.8%

— RESOLUTE FST PRODS INC 3.5%

Value $65.61M Shares 5,066,217 Share Price $12.95 Est. Cost/Share $11.19 Unrealized @ Report Date —

— SPX CORP 3.2%

Value $59.82M Shares 1,795,888 Share Price $33.31 Est. Cost/Share $13.96 Unrealized @ Report Date —

AAP ADVANCE AUTO PARTS INC 2.1%

Value $39.83M Shares 236,625 Share Price $168.33 * Est. Cost/Share $86.20 Unrealized @ Report Date +56.8%

LILAK LIBERTY LATIN AMERICA LTD 0.4%

Value $8.348M Shares 404,661 Share Price $20.63 * Est. Cost/Share $20.53 Unrealized @ Report Date -9.7%

JCI JOHNSON CTLS INTL PLC 0.4%

Value $7.093M Shares 202,666 Share Price $35.00 * Est. Cost/Share $31.32 Unrealized @ Report Date -0.1%

— HOWARD HUGHES CORP 0.3%

Value $5.684M Shares 45,760 Share Price $124.21 Est. Cost/Share $119.01 Unrealized @ Report Date —

JEF JEFFERIES FINL GROUP INC 0.3%

Value $4.831M Shares 219,980 Share Price $21.96 * Est. Cost/Share $16.62 Unrealized @ Report Date 0.0%

BSV VANGUARD BD INDEX FD INC 0.2%

Value $4.443M Shares 56,941 Share Price $78.03 Est. Cost/Share $80.05 Unrealized @ Report Date —

EMBJ EMBRAER S A 0.2%

Value $4.153M Shares 212,012 Share Price $19.59 Est. Cost/Share $19.59 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.2%

Value $4.101M Shares 215,856 Share Price $19.00 * Est. Cost/Share $9.12 Unrealized @ Report Date +67.7%

— TENNECO INC 0.2%

Value $3.452M Shares 81,916 Share Price $42.14 Est. Cost/Share $51.21 Unrealized @ Report Date —

— DELL TECHNOLOGIES INC 0.1%

Value $2.019M Shares 20,792 Share Price $97.10 Est. Cost/Share $60.07 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $842K Shares 16,748 Share Price $50.27 Est. Cost/Share $51.37 Unrealized @ Report Date —

MBI MBIA INC 0.0%

Value $552K Shares 51,600 Share Price $10.70 * Est. Cost/Share $3.59 Unrealized @ Report Date +24.4%

VTEB VANGUARD MUN BD FD INC 0.0%

Value $446K Shares 8,826 Share Price $50.53 Est. Cost/Share $52.34 Unrealized @ Report Date —

INTC INTEL CORP 0.0%

Value $251K Shares 5,308 Share Price $47.29 * Est. Cost/Share $34.71 Unrealized @ Report Date +19.6%

MRK MERCK & CO INC 0.0%

Value $177K Shares 2,491 Share Price $71.06 * Est. Cost/Share $33.30 Unrealized @ Report Date +52.1%

VTI VANGUARD INDEX FDS 0.0%

Value $123K Shares 819 Share Price $150.18 Est. Cost/Share $92.76 Unrealized @ Report Date —

— EXPRESS SCRIPTS HLDG CO 0.0%

Value $33,000 Shares 350 Share Price $94.29 Est. Cost/Share $73.33 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	6,147,386	$616M	32.6%	$100.16	$100.15	—	ACCES TREASURY	381430529
—	LIBERTY GLOBAL PLC	5,660,237	$159M	8.4%	$28.16	$30.22	—	SHS CL C	G5480U120
VOD	VODAFONE GROUP PLC NEW	6,772,359	$147M	7.8%	$21.70	$28.01	—	SPONSORED ADR	92857W308
MSFT	MICROSOFT CORP	1,137,665	$130M	6.9%	$114.37 *	$31.59	+219.1%	COM	594918104
—	CENTURYLINK INC	6,078,948	$129M	6.8%	$21.20	$16.60	—	COM	156700106
BRK/B	BERKSHIRE HATHAWAY INC DEL	576,157	$123M	6.5%	$214.11 *	$135.37	+51.6%	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	846,250	$117M	6.2%	$138.17 *	$69.67	+55.1%	COM	478160104
—	GENERAL MTRS CO	2,906,276	$97.85M	5.2%	$33.67	$34.92	—	COM	37045v100
—	SPX FLOW INC	1,625,262	$84.51M	4.5%	$52.00	$30.62	—	COM	78469X107
JPM	JPMORGAN CHASE & CO	631,568	$71.27M	3.8%	$112.84 *	$40.84	+126.8%	COM	46625H100
—	RESOLUTE FST PRODS INC	5,066,217	$65.61M	3.5%	$12.95	$11.19	—	COM	76117W109
—	SPX CORP	1,795,888	$59.82M	3.2%	$33.31	$13.96	—	COM	784635104
AAP	ADVANCE AUTO PARTS INC	236,625	$39.83M	2.1%	$168.33 *	$86.20	+56.8%	COM	00751Y106
LILAK	LIBERTY LATIN AMERICA LTD	404,661	$8.348M	0.4%	$20.63 *	$20.53	-9.7%	COM CL C	G9001E128
JCI	JOHNSON CTLS INTL PLC	202,666	$7.093M	0.4%	$35.00 *	$31.32	-0.1%	SHS	G51502105
—	HOWARD HUGHES CORP	45,760	$5.684M	0.3%	$124.21	$119.01	—	COM	44267D107
JEF	JEFFERIES FINL GROUP INC	219,980	$4.831M	0.3%	$21.96 *	$16.62	0.0%	COM	47233W109
BSV	VANGUARD BD INDEX FD INC	56,941	$4.443M	0.2%	$78.03	$80.05	—	SHORT TRM BOND	921937827
EMBJ	EMBRAER S A	212,012	$4.153M	0.2%	$19.59	$19.59	—	SP ADR REP 4 COM	29082A107
KINS	KINGSTONE COS INC	215,856	$4.101M	0.2%	$19.00 *	$9.12	+67.7%	COM	496719105
—	TENNECO INC	81,916	$3.452M	0.2%	$42.14	$51.21	—	COM	880349105
—	DELL TECHNOLOGIES INC	20,792	$2.019M	0.1%	$97.10	$60.07	—	COM CL V	24703L103
SCHZ	SCHWAB STRATEGIC TR	16,748	$842K	0.0%	$50.27	$51.37	—	US AGGREGATE B	808524839
MBI	MBIA INC	51,600	$552K	0.0%	$10.70 *	$3.59	+24.4%	COM	55262C100
VTEB	VANGUARD MUN BD FD INC	8,826	$446K	0.0%	$50.53	$52.34	—	TAX EXEMPT BD	922907746
INTC	INTEL CORP	5,308	$251K	0.0%	$47.29 *	$34.71	+19.6%	COM	458140100
MRK	MERCK & CO INC	2,491	$177K	0.0%	$71.06 *	$33.30	+52.1%	COM	58933Y105
VTI	VANGUARD INDEX FDS	819	$123K	0.0%	$150.18	$92.76	—	TOTAL STK MKT	922908769
—	EXPRESS SCRIPTS HLDG CO	350	$33,000	0.0%	$94.29	$73.33	—	COM	30219G108