ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 17, 2019

Total Value: $1.943B (100.0% shares, 0.0% debt)

Holdings (31)

GBIL GOLDMAN SACHS ETF TR 29.8%

Value $579M Shares 5,777,784 Share Price $100.27 Est. Cost/Share $100.13 Unrealized @ Report Date —

— LIBERTY GLOBAL PLC 8.1%

Value $156M Shares 6,462,856 Share Price $24.21 Est. Cost/Share $29.27 Unrealized @ Report Date —

VOD VODAFONE GROUP PLC NEW 7.5%

Value $147M Shares 8,061,251 Share Price $18.18 Est. Cost/Share $26.18 Unrealized @ Report Date —

— CENTURYLINK INC 6.3%

Value $122M Shares 10,177,422 Share Price $11.99 Est. Cost/Share $14.79 Unrealized @ Report Date —

MSFT MICROSOFT CORP 6.2%

Value $120M Shares 1,020,150 Share Price $117.94 * Est. Cost/Share $31.59 Unrealized @ Report Date +223.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 6.1%

Value $118M Shares 585,345 Share Price $200.89 Est. Cost/Share $136.76 Unrealized @ Report Date +47.6%

JNJ JOHNSON & JOHNSON 5.9%

Value $115M Shares 822,114 Share Price $139.79 * Est. Cost/Share $69.67 Unrealized @ Report Date +58.4%

— GENERAL MTRS CO 5.7%

Value $111M Shares 2,981,470 Share Price $37.10 Est. Cost/Share $34.86 Unrealized @ Report Date —

JPM JPMORGAN CHASE & CO 4.8%

Value $94.01M Shares 928,638 Share Price $101.23 * Est. Cost/Share $55.72 Unrealized @ Report Date +53.2%

C CITIGROUP INC 4.2%

Value $82.56M Shares 1,326,992 Share Price $62.22 * Est. Cost/Share $49.34 Unrealized @ Report Date -1.1%

MGA MAGNA INTL INC 3.9%

Value $75.64M Shares 1,553,510 Share Price $48.69 * Est. Cost/Share $38.72 Unrealized @ Report Date +4.4%

— SPX FLOW INC 3.7%

Value $72.12M Shares 2,260,757 Share Price $31.90 Est. Cost/Share $30.67 Unrealized @ Report Date —

— SPX CORP 3.5%

Value $67.04M Shares 1,926,944 Share Price $34.79 Est. Cost/Share $15.89 Unrealized @ Report Date —

— RESOLUTE FST PRODS INC 2.1%

Value $41.25M Shares 5,221,277 Share Price $7.90 Est. Cost/Share $11.09 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.4%

Value $6.9M Shares 354,789 Share Price $19.45 * Est. Cost/Share $20.53 Unrealized @ Report Date -16.5%

— HOWARD HUGHES CORP 0.3%

Value $6.436M Shares 58,512 Share Price $109.99 Est. Cost/Share $113.55 Unrealized @ Report Date —

BCS BARCLAYS PLC 0.2%

Value $4.713M Shares 589,139 Share Price $8.00 Est. Cost/Share $7.65 Unrealized @ Report Date —

JEF JEFFERIES FINL GROUP INC 0.2%

Value $4.435M Shares 236,037 Share Price $18.79 * Est. Cost/Share $16.48 Unrealized @ Report Date -13.4%

BSV VANGUARD BD INDEX FD INC 0.2%

Value $4.064M Shares 51,058 Share Price $79.60 Est. Cost/Share $80.05 Unrealized @ Report Date —

EMBJ EMBRAER S A 0.2%

Value $4.035M Shares 212,255 Share Price $19.01 Est. Cost/Share $19.59 Unrealized @ Report Date —

JCI JOHNSON CTLS INTL PLC 0.2%

Value $3.582M Shares 96,958 Share Price $36.94 * Est. Cost/Share $31.32 Unrealized @ Report Date -5.5%

CRK COMSTOCK RES INC 0.2%

Value $3.45M Shares 497,784 Share Price $6.93 * Est. Cost/Share $6.96 Unrealized @ Report Date -10.3%

— TENNECO INC 0.1%

Value $2.055M Shares 92,695 Share Price $22.17 Est. Cost/Share $48.61 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $913K Shares 17,590 Share Price $51.90 Est. Cost/Share $51.44 Unrealized @ Report Date —

DELL DELL TECHNOLOGIES INC 0.0%

Value $564K Shares 9,602 Share Price $58.74 * Est. Cost/Share $25.10 Unrealized @ Report Date -3.7%

VTEB VANGUARD MUN BD FD INC 0.0%

Value $460K Shares 8,826 Share Price $52.12 Est. Cost/Share $52.34 Unrealized @ Report Date —

INTC INTEL CORP 0.0%

Value $286K Shares 5,318 Share Price $53.78 * Est. Cost/Share $34.71 Unrealized @ Report Date +26.3%

MRK MERCK & CO INC 0.0%

Value $208K Shares 2,506 Share Price $83.00 * Est. Cost/Share $33.30 Unrealized @ Report Date +81.1%

MBI MBIA INC 0.0%

Value $158K Shares 16,600 Share Price $9.52 * Est. Cost/Share $3.59 Unrealized @ Report Date +19.4%

VTI VANGUARD INDEX FDS 0.0%

Value $119K Shares 819 Share Price $145.30 Est. Cost/Share $92.76 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.0%

Value $41,000 Shares 2,768 Share Price $14.81 * Est. Cost/Share $9.12 Unrealized @ Report Date +58.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	5,777,784	$579M	29.8%	$100.27	$100.13	—	ACCES TREASURY	381430529
—	LIBERTY GLOBAL PLC	6,462,856	$156M	8.1%	$24.21	$29.27	—	SHS CL C	G5480U120
VOD	VODAFONE GROUP PLC NEW	8,061,251	$147M	7.5%	$18.18	$26.18	—	SPONSORED ADR	92857W308
—	CENTURYLINK INC	10,177,422	$122M	6.3%	$11.99	$14.79	—	COM	156700106
MSFT	MICROSOFT CORP	1,020,150	$120M	6.2%	$117.94 *	$31.59	+223.8%	COM	594918104
BRK/B	BERKSHIRE HATHAWAY INC DEL	585,345	$118M	6.1%	$200.89	$136.76	+47.6%	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	822,114	$115M	5.9%	$139.79 *	$69.67	+58.4%	COM	478160104
—	GENERAL MTRS CO	2,981,470	$111M	5.7%	$37.10	$34.86	—	COM	37045v100
JPM	JPMORGAN CHASE & CO	928,638	$94.01M	4.8%	$101.23 *	$55.72	+53.2%	COM	46625H100
C	CITIGROUP INC	1,326,992	$82.56M	4.2%	$62.22 *	$49.34	-1.1%	COM NEW	172967424
MGA	MAGNA INTL INC	1,553,510	$75.64M	3.9%	$48.69 *	$38.72	+4.4%	COM	559222401
—	SPX FLOW INC	2,260,757	$72.12M	3.7%	$31.90	$30.67	—	COM	78469X107
—	SPX CORP	1,926,944	$67.04M	3.5%	$34.79	$15.89	—	COM	784635104
—	RESOLUTE FST PRODS INC	5,221,277	$41.25M	2.1%	$7.90	$11.09	—	COM	76117W109
LILAK	LIBERTY LATIN AMERICA LTD	354,789	$6.9M	0.4%	$19.45 *	$20.53	-16.5%	COM CL C	G9001E128
—	HOWARD HUGHES CORP	58,512	$6.436M	0.3%	$109.99	$113.55	—	COM	44267D107
BCS	BARCLAYS PLC	589,139	$4.713M	0.2%	$8.00	$7.65	—	ADR	06738E204
JEF	JEFFERIES FINL GROUP INC	236,037	$4.435M	0.2%	$18.79 *	$16.48	-13.4%	COM	47233W109
BSV	VANGUARD BD INDEX FD INC	51,058	$4.064M	0.2%	$79.60	$80.05	—	SHORT TRM BOND	921937827
EMBJ	EMBRAER S A	212,255	$4.035M	0.2%	$19.01	$19.59	—	SPONSORED ADS	29082A107
JCI	JOHNSON CTLS INTL PLC	96,958	$3.582M	0.2%	$36.94 *	$31.32	-5.5%	SHS	G51502105
CRK	COMSTOCK RES INC	497,784	$3.45M	0.2%	$6.93 *	$6.96	-10.3%	COM	205768302
—	TENNECO INC	92,695	$2.055M	0.1%	$22.17	$48.61	—	CL A VTG COM STK	880349105
SCHZ	SCHWAB STRATEGIC TR	17,590	$913K	0.0%	$51.90	$51.44	—	US AGGREGATE B	808524839
DELL	DELL TECHNOLOGIES INC	9,602	$564K	0.0%	$58.74 *	$25.10	-3.7%	CL C	24703L202
VTEB	VANGUARD MUN BD FD INC	8,826	$460K	0.0%	$52.12	$52.34	—	TAX EXEMPT BD	922907746
INTC	INTEL CORP	5,318	$286K	0.0%	$53.78 *	$34.71	+26.3%	COM	458140100
MRK	MERCK & CO INC	2,506	$208K	0.0%	$83.00 *	$33.30	+81.1%	COM	58933Y105
MBI	MBIA INC	16,600	$158K	0.0%	$9.52 *	$3.59	+19.4%	COM	55262C100
VTI	VANGUARD INDEX FDS	819	$119K	0.0%	$145.30	$92.76	—	TOTAL STK MKT	922908769
KINS	KINGSTONE COS INC	2,768	$41,000	0.0%	$14.81 *	$9.12	+58.3%	COM	496719105