ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: Apr 28, 2021

Total Value: $1.851B (100.0% shares, 0.0% debt)

Holdings (32)

C CITIGROUP INC 9.6%

Value $179M Shares 2,454,904 Share Price $72.75 * Est. Cost/Share $51.00 Unrealized @ Report Date +10.2%

GM GENERAL MTRS CO 9.6%

Value $177M Shares 3,083,283 Share Price $57.46 * Est. Cost/Share $29.19 Unrealized @ Report Date +75.6%

MGA MAGNA INTL INC 9.1%

Value $169M Shares 1,915,447 Share Price $88.04 * Est. Cost/Share $38.41 Unrealized @ Report Date +80.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 8.3%

Value $154M Shares 604,170 Share Price $255.47 * Est. Cost/Share $148.81 Unrealized @ Report Date +63.2%

— LIBERTY GLOBAL PLC 8.3%

Value $154M Shares 6,034,826 Share Price $25.54 Est. Cost/Share $27.05 Unrealized @ Report Date —

VOD VODAFONE GROUP PLC NEW 8.3%

Value $154M Shares 8,340,174 Share Price $18.43 Est. Cost/Share $24.36 Unrealized @ Report Date —

CVX CHEVRON CORP NEW 7.7%

Value $142M Shares 1,359,530 Share Price $104.79 * Est. Cost/Share $73.09 Unrealized @ Report Date +8.9%

JPM JPMORGAN CHASE & CO 7.5%

Value $140M Shares 917,831 Share Price $152.23 * Est. Cost/Share $71.04 Unrealized @ Report Date +79.1%

LUMN LUMEN TECHNOLOGIES INC 7.3%

Value $135M Shares 10,092,466 Share Price $13.35 * Est. Cost/Share $10.83 Unrealized @ Report Date 0.0%

JNJ JOHNSON & JOHNSON 6.3%

Value $116M Shares 704,842 Share Price $164.35 * Est. Cost/Share $73.74 Unrealized @ Report Date +90.9%

AMG AFFILIATED MANAGERS GROUP IN 4.7%

Value $86.97M Shares 583,547 Share Price $149.03 * Est. Cost/Share $74.64 Unrealized @ Report Date +74.9%

— SPX FLOW INC 4.2%

Value $78.35M Shares 1,237,228 Share Price $63.33 Est. Cost/Share $29.77 Unrealized @ Report Date —

MSFT MICROSOFT CORP 4.1%

Value $76.63M Shares 325,023 Share Price $235.77 * Est. Cost/Share $34.40 Unrealized @ Report Date +548.0%

— RESOLUTE FST PRODS INC 1.7%

Value $32.04M Shares 2,925,697 Share Price $10.95 Est. Cost/Share $9.67 Unrealized @ Report Date —

WHR WHIRLPOOL CORP 0.4%

Value $7.682M Shares 34,863 Share Price $220.35 * Est. Cost/Share $131.37 Unrealized @ Report Date +51.1%

BCS BARCLAYS PLC 0.4%

Value $6.51M Shares 636,358 Share Price $10.23 Est. Cost/Share $7.30 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.3%

Value $6.466M Shares 78,529 Share Price $82.34 * Est. Cost/Share $45.65 Unrealized @ Report Date +34.1%

JEF JEFFERIES FINL GROUP INC 0.3%

Value $4.827M Shares 160,353 Share Price $30.10 * Est. Cost/Share $16.41 Unrealized @ Report Date +42.7%

LILAK LIBERTY LATIN AMERICA LTD 0.3%

Value $4.734M Shares 364,719 Share Price $12.98 * Est. Cost/Share $17.11 Unrealized @ Report Date -29.6%

BSV VANGUARD BD INDEX FDS 0.2%

Value $4.257M Shares 51,792 Share Price $82.19 Est. Cost/Share $80.48 Unrealized @ Report Date —

RPV INVESCO EXCHANGE TRADED FD T 0.2%

Value $4.14M Shares 55,960 Share Price $73.98 Est. Cost/Share $71.08 Unrealized @ Report Date —

GBIL GOLDMAN SACHS ETF TR 0.2%

Value $3.838M Shares 38,332 Share Price $100.13 Est. Cost/Share $100.18 Unrealized @ Report Date —

— HOWARD HUGHES CORP 0.2%

Value $3.671M Shares 38,581 Share Price $95.15 Est. Cost/Share $97.97 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.2%

Value $2.891M Shares 521,885 Share Price $5.54 * Est. Cost/Share $6.53 Unrealized @ Report Date -22.1%

DELL DELL TECHNOLOGIES INC 0.1%

Value $2.375M Shares 26,945 Share Price $88.14 * Est. Cost/Share $24.78 Unrealized @ Report Date +51.5%

KINS KINGSTONE COS INC 0.1%

Value $1.9M Shares 222,504 Share Price $8.54 * Est. Cost/Share $4.75 Unrealized @ Report Date +45.4%

SCHZ SCHWAB STRATEGIC TR 0.1%

Value $1.354M Shares 25,100 Share Price $53.94 Est. Cost/Share $53.09 Unrealized @ Report Date —

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $1.294M Shares 171,199 Share Price $7.56 * Est. Cost/Share $6.54 Unrealized @ Report Date +2.2%

VTI VANGUARD INDEX FDS 0.0%

Value $685K Shares 3,314 Share Price $206.70 Est. Cost/Share $178.65 Unrealized @ Report Date —

VTV VANGUARD INDEX FDS 0.0%

Value $669K Shares 5,086 Share Price $131.54 Est. Cost/Share $107.51 Unrealized @ Report Date —

VTEB VANGUARD MUN BD FDS 0.0%

Value $517K Shares 9,470 Share Price $54.59 Est. Cost/Share $52.89 Unrealized @ Report Date —

SMBC SOUTHERN MO BANCORP INC 0.0%

Value $249K Shares 6,311 Share Price $39.45 * Est. Cost/Share $32.74 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
C	CITIGROUP INC	2,454,904	$179M	9.6%	$72.75 *	$51.00	+10.2%	COM NEW	172967424
GM	GENERAL MTRS CO	3,083,283	$177M	9.6%	$57.46 *	$29.19	+75.6%	COM	37045V100
MGA	MAGNA INTL INC	1,915,447	$169M	9.1%	$88.04 *	$38.41	+80.4%	COM	559222401
BRK/B	BERKSHIRE HATHAWAY INC DEL	604,170	$154M	8.3%	$255.47 *	$148.81	+63.2%	CL B NEW	084670702
—	LIBERTY GLOBAL PLC	6,034,826	$154M	8.3%	$25.54	$27.05	—	SHS CL C	G5480U120
VOD	VODAFONE GROUP PLC NEW	8,340,174	$154M	8.3%	$18.43	$24.36	—	SPONSORED ADR	92857W308
CVX	CHEVRON CORP NEW	1,359,530	$142M	7.7%	$104.79 *	$73.09	+8.9%	COM	166764100
JPM	JPMORGAN CHASE & CO	917,831	$140M	7.5%	$152.23 *	$71.04	+79.1%	COM	46625H100
LUMN	LUMEN TECHNOLOGIES INC	10,092,466	$135M	7.3%	$13.35 *	$10.83	0.0%	COM	550241103
JNJ	JOHNSON & JOHNSON	704,842	$116M	6.3%	$164.35 *	$73.74	+90.9%	COM	478160104
AMG	AFFILIATED MANAGERS GROUP IN	583,547	$86.97M	4.7%	$149.03 *	$74.64	+74.9%	COM	008252108
—	SPX FLOW INC	1,237,228	$78.35M	4.2%	$63.33	$29.77	—	COM	78469X107
MSFT	MICROSOFT CORP	325,023	$76.63M	4.1%	$235.77 *	$34.40	+548.0%	COM	594918104
—	RESOLUTE FST PRODS INC	2,925,697	$32.04M	1.7%	$10.95	$9.67	—	COM	76117W109
WHR	WHIRLPOOL CORP	34,863	$7.682M	0.4%	$220.35 *	$131.37	+51.1%	COM	963320106
BCS	BARCLAYS PLC	636,358	$6.51M	0.4%	$10.23	$7.30	—	ADR	06738E204
LEN/B	LENNAR CORP	78,529	$6.466M	0.3%	$82.34 *	$45.65	+34.1%	CL B	526057302
JEF	JEFFERIES FINL GROUP INC	160,353	$4.827M	0.3%	$30.10 *	$16.41	+42.7%	COM	47233W109
LILAK	LIBERTY LATIN AMERICA LTD	364,719	$4.734M	0.3%	$12.98 *	$17.11	-29.6%	COM CL C	G9001E128
BSV	VANGUARD BD INDEX FDS	51,792	$4.257M	0.2%	$82.19	$80.48	—	SHORT TRM BOND	921937827
RPV	INVESCO EXCHANGE TRADED FD T	55,960	$4.14M	0.2%	$73.98	$71.08	—	S&P500 PUR VAL	46137V258
GBIL	GOLDMAN SACHS ETF TR	38,332	$3.838M	0.2%	$100.13	$100.18	—	ACCES TREASURY	381430529
—	HOWARD HUGHES CORP	38,581	$3.671M	0.2%	$95.15	$97.97	—	COM	44267D107
CRK	COMSTOCK RES INC	521,885	$2.891M	0.2%	$5.54 *	$6.53	-22.1%	COM	205768302
DELL	DELL TECHNOLOGIES INC	26,945	$2.375M	0.1%	$88.14 *	$24.78	+51.5%	CL C	24703L202
KINS	KINGSTONE COS INC	222,504	$1.9M	0.1%	$8.54 *	$4.75	+45.4%	COM	496719105
SCHZ	SCHWAB STRATEGIC TR	25,100	$1.354M	0.1%	$53.94	$53.09	—	US AGGREGATE B	808524839
FPH	FIVE POINT HOLDINGS LLC	171,199	$1.294M	0.1%	$7.56 *	$6.54	+2.2%	COM CL A	33833Q106
VTI	VANGUARD INDEX FDS	3,314	$685K	0.0%	$206.70	$178.65	—	TOTAL STK MKT	922908769
VTV	VANGUARD INDEX FDS	5,086	$669K	0.0%	$131.54	$107.51	—	VALUE ETF	922908744
VTEB	VANGUARD MUN BD FDS	9,470	$517K	0.0%	$54.59	$52.89	—	TAX EXEMPT BD	922907746
SMBC	SOUTHERN MO BANCORP INC	6,311	$249K	0.0%	$39.45 *	$32.74	0.0%	COM	843380106