ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Jan 22, 2021

Total Value: $1.739B (100.0% shares, 0.0% debt)

Holdings (31)

MGA MAGNA INTL INC 10.0%

Value $174M Shares 2,452,081 Share Price $70.80 * Est. Cost/Share $38.41 Unrealized @ Report Date +57.1%

GM GENERAL MTRS CO 9.7%

Value $169M Shares 4,057,322 Share Price $41.64 * Est. Cost/Share $29.19 Unrealized @ Report Date +37.7%

C CITIGROUP INC 8.7%

Value $151M Shares 2,450,571 Share Price $61.66 * Est. Cost/Share $51.00 Unrealized @ Report Date +1.1%

AMG AFFILIATED MANAGERS GROUP IN 8.3%

Value $145M Shares 1,421,797 Share Price $101.70 Est. Cost/Share $74.64 Unrealized @ Report Date +36.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 8.1%

Value $140M Shares 605,072 Share Price $231.87 Est. Cost/Share $148.81 Unrealized @ Report Date +55.8%

VOD VODAFONE GROUP PLC NEW 7.2%

Value $126M Shares 7,627,440 Share Price $16.48 Est. Cost/Share $25.06 Unrealized @ Report Date -34.2%

JPM JPMORGAN CHASE & CO 6.9%

Value $120M Shares 943,730 Share Price $127.07 * Est. Cost/Share $71.04 Unrealized @ Report Date +57.1%

— LIBERTY GLOBAL PLC 6.7%

Value $116M Shares 4,903,190 Share Price $23.65 Est. Cost/Share $27.40 Unrealized @ Report Date —

CVX CHEVRON CORP NEW 6.6%

Value $115M Shares 1,365,875 Share Price $84.45 * Est. Cost/Share $73.09 Unrealized @ Report Date -6.6%

JNJ JOHNSON & JOHNSON 6.3%

Value $110M Shares 696,052 Share Price $157.38 * Est. Cost/Share $72.90 Unrealized @ Report Date +87.3%

— SPX FLOW INC 6.2%

Value $109M Shares 1,872,385 Share Price $57.96 Est. Cost/Share $29.77 Unrealized @ Report Date —

— LUMEN TECHNOLOGIES INC 5.1%

Value $89.55M Shares 9,185,023 Share Price $9.75 Est. Cost/Share $14.53 Unrealized @ Report Date —

MSFT MICROSOFT CORP 4.1%

Value $71.23M Shares 320,248 Share Price $222.42 * Est. Cost/Share $31.59 Unrealized @ Report Date +575.6%

WHR WHIRLPOOL CORP 2.2%

Value $37.94M Shares 210,221 Share Price $180.49 Est. Cost/Share $131.37 Unrealized @ Report Date +37.4%

— RESOLUTE FST PRODS INC 1.6%

Value $27.84M Shares 4,256,166 Share Price $6.54 Est. Cost/Share $9.67 Unrealized @ Report Date —

BCS BARCLAYS PLC 0.3%

Value $5.252M Shares 657,358 Share Price $7.99 Est. Cost/Share $8.09 Unrealized @ Report Date -1.3%

BSV VANGUARD BD INDEX FDS 0.3%

Value $5.04M Shares 60,794 Share Price $82.90 Est. Cost/Share $80.50 Unrealized @ Report Date +3.0%

GBIL GOLDMAN SACHS ETF TR 0.2%

Value $4.253M Shares 42,479 Share Price $100.12 Est. Cost/Share $100.12 Unrealized @ Report Date +0.0%

LILAK LIBERTY LATIN AMERICA LTD 0.2%

Value $4.097M Shares 369,400 Share Price $11.09 Est. Cost/Share $17.11 Unrealized @ Report Date -35.2%

JEF JEFFERIES FINL GROUP INC 0.2%

Value $4.073M Shares 165,577 Share Price $24.60 * Est. Cost/Share $16.41 Unrealized @ Report Date +22.5%

— HOWARD HUGHES CORP 0.2%

Value $3.824M Shares 48,442 Share Price $78.94 Est. Cost/Share $97.97 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.2%

Value $3.251M Shares 53,114 Share Price $61.21 * Est. Cost/Share $38.20 Unrealized @ Report Date +39.6%

CRK COMSTOCK RES INC 0.1%

Value $2.234M Shares 511,353 Share Price $4.37 * Est. Cost/Share $6.56 Unrealized @ Report Date -36.9%

DELL DELL TECHNOLOGIES INC 0.1%

Value $1.883M Shares 25,701 Share Price $73.27 * Est. Cost/Share $24.17 Unrealized @ Report Date +40.9%

SCHZ SCHWAB STRATEGIC TR 0.1%

Value $1.802M Shares 32,153 Share Price $56.04 * Est. Cost/Share $26.50 Unrealized @ Report Date +5.7%

KINS KINGSTONE COS INC 0.1%

Value $1.265M Shares 190,308 Share Price $6.65 * Est. Cost/Share $4.38 Unrealized @ Report Date +42.9%

VTV VANGUARD INDEX FDS 0.0%

Value $725K Shares 6,095 Share Price $118.95 Est. Cost/Share $108.62 Unrealized @ Report Date +9.5%

VTEB VANGUARD MUN BD FDS 0.0%

Value $516K Shares 9,357 Share Price $55.15 Est. Cost/Share $52.48 Unrealized @ Report Date +5.2%

RPV INVESCO EXCHANGE TRADED FD T 0.0%

Value $472K Shares 7,682 Share Price $61.44 Est. Cost/Share $51.89 Unrealized @ Report Date +18.4%

VTI VANGUARD INDEX FDS 0.0%

Value $464K Shares 2,385 Share Price $194.55 Est. Cost/Share $159.74 Unrealized @ Report Date +21.8%

FPH FIVE POINT HOLDINGS LLC 0.0%

Value $78,000 Shares 14,327 Share Price $5.44 Est. Cost/Share $4.99 Unrealized @ Report Date +9.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MGA	MAGNA INTL INC	2,452,081	$174M	10.0%	$70.80 *	$38.41	+57.1%	COM	559222401
GM	GENERAL MTRS CO	4,057,322	$169M	9.7%	$41.64 *	$29.19	+37.7%	COM	37045V100
C	CITIGROUP INC	2,450,571	$151M	8.7%	$61.66 *	$51.00	+1.1%	COM NEW	172967424
AMG	AFFILIATED MANAGERS GROUP IN	1,421,797	$145M	8.3%	$101.70	$74.64	+36.1%	COM	008252108
BRK/B	BERKSHIRE HATHAWAY INC DEL	605,072	$140M	8.1%	$231.87	$148.81	+55.8%	CL B NEW	084670702
VOD	VODAFONE GROUP PLC NEW	7,627,440	$126M	7.2%	$16.48	$25.06	-34.2%	SPONSORED ADR	92857W308
JPM	JPMORGAN CHASE & CO	943,730	$120M	6.9%	$127.07 *	$71.04	+57.1%	COM	46625H100
—	LIBERTY GLOBAL PLC	4,903,190	$116M	6.7%	$23.65	$27.40	—	SHS CL C	G5480U120
CVX	CHEVRON CORP NEW	1,365,875	$115M	6.6%	$84.45 *	$73.09	-6.6%	COM	166764100
JNJ	JOHNSON & JOHNSON	696,052	$110M	6.3%	$157.38 *	$72.90	+87.3%	COM	478160104
—	SPX FLOW INC	1,872,385	$109M	6.2%	$57.96	$29.77	—	COM	78469X107
—	LUMEN TECHNOLOGIES INC	9,185,023	$89.55M	5.1%	$9.75	$14.53	—	COM	156700106
MSFT	MICROSOFT CORP	320,248	$71.23M	4.1%	$222.42 *	$31.59	+575.6%	COM	594918104
WHR	WHIRLPOOL CORP	210,221	$37.94M	2.2%	$180.49	$131.37	+37.4%	COM	963320106
—	RESOLUTE FST PRODS INC	4,256,166	$27.84M	1.6%	$6.54	$9.67	—	COM	76117W109
BCS	BARCLAYS PLC	657,358	$5.252M	0.3%	$7.99	$8.09	-1.3%	ADR	06738E204
BSV	VANGUARD BD INDEX FDS	60,794	$5.04M	0.3%	$82.90	$80.50	+3.0%	SHORT TRM BOND	921937827
GBIL	GOLDMAN SACHS ETF TR	42,479	$4.253M	0.2%	$100.12	$100.12	+0.0%	ACCES TREASURY	381430529
LILAK	LIBERTY LATIN AMERICA LTD	369,400	$4.097M	0.2%	$11.09	$17.11	-35.2%	COM CL C	G9001E128
JEF	JEFFERIES FINL GROUP INC	165,577	$4.073M	0.2%	$24.60 *	$16.41	+22.5%	COM	47233W109
—	HOWARD HUGHES CORP	48,442	$3.824M	0.2%	$78.94	$97.97	—	COM	44267D107
LEN/B	LENNAR CORP	53,114	$3.251M	0.2%	$61.21 *	$38.20	+39.6%	CL B	526057302
CRK	COMSTOCK RES INC	511,353	$2.234M	0.1%	$4.37 *	$6.56	-36.9%	COM	205768302
DELL	DELL TECHNOLOGIES INC	25,701	$1.883M	0.1%	$73.27 *	$24.17	+40.9%	CL C	24703L202
SCHZ	SCHWAB STRATEGIC TR	32,153	$1.802M	0.1%	$56.04 *	$26.50	+5.7%	US AGGREGATE B	808524839
KINS	KINGSTONE COS INC	190,308	$1.265M	0.1%	$6.65 *	$4.38	+42.9%	COM	496719105
VTV	VANGUARD INDEX FDS	6,095	$725K	0.0%	$118.95	$108.62	+9.5%	VALUE ETF	922908744
VTEB	VANGUARD MUN BD FDS	9,357	$516K	0.0%	$55.15	$52.48	+5.2%	TAX EXEMPT BD	922907746
RPV	INVESCO EXCHANGE TRADED FD T	7,682	$472K	0.0%	$61.44	$51.89	+18.4%	S&P500 PUR VAL	46137V258
VTI	VANGUARD INDEX FDS	2,385	$464K	0.0%	$194.55	$159.74	+21.8%	TOTAL STK MKT	922908769
FPH	FIVE POINT HOLDINGS LLC	14,327	$78,000	0.0%	$5.44	$4.99	+9.4%	COM CL A	33833Q106