ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Oct 22, 2021

Total Value: $1.763B (100.0% shares, 0.0% debt)

Holdings (32)

— LIBERTY GLOBAL PLC 10.7%

Value $188M Shares 6,381,401 Share Price $29.46 Est. Cost/Share $27.09 Unrealized @ Report Date —

C CITIGROUP INC 9.9%

Value $174M Shares 2,482,009 Share Price $70.18 * Est. Cost/Share $51.09 Unrealized @ Report Date +16.8%

VOD VODAFONE GROUP PLC NEW 9.6%

Value $169M Shares 10,951,367 Share Price $15.45 Est. Cost/Share $22.46 Unrealized @ Report Date —

GM GENERAL MTRS CO 9.3%

Value $164M Shares 3,120,345 Share Price $52.71 * Est. Cost/Share $29.70 Unrealized @ Report Date +72.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 9.0%

Value $159M Shares 582,724 Share Price $272.94 * Est. Cost/Share $148.81 Unrealized @ Report Date +88.7%

MGA MAGNA INTL INC 8.3%

Value $147M Shares 1,955,094 Share Price $75.24 * Est. Cost/Share $40.01 Unrealized @ Report Date +77.3%

CVX CHEVRON CORP NEW 8.2%

Value $144M Shares 1,418,897 Share Price $101.45 * Est. Cost/Share $73.46 Unrealized @ Report Date +13.4%

JPM JPMORGAN CHASE & CO 8.2%

Value $144M Shares 879,375 Share Price $163.69 * Est. Cost/Share $71.04 Unrealized @ Report Date +97.5%

LUMN LUMEN TECHNOLOGIES INC 7.3%

Value $129M Shares 10,393,571 Share Price $12.39 * Est. Cost/Share $10.84 Unrealized @ Report Date +4.7%

JNJ JOHNSON & JOHNSON 6.6%

Value $116M Shares 719,491 Share Price $161.50 * Est. Cost/Share $75.34 Unrealized @ Report Date +99.4%

MSFT MICROSOFT CORP 5.2%

Value $92.01M Shares 326,384 Share Price $281.92 Est. Cost/Share $38.86 Unrealized @ Report Date +622.3%

— SPX FLOW INC 2.6%

Value $45.03M Shares 615,942 Share Price $73.10 Est. Cost/Share $29.77 Unrealized @ Report Date —

— RESOLUTE FST PRODS INC 1.8%

Value $31.49M Shares 2,646,509 Share Price $11.90 Est. Cost/Share $9.67 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.5%

Value $8.012M Shares 103,255 Share Price $77.59 * Est. Cost/Share $51.59 Unrealized @ Report Date +43.0%

JEF JEFFERIES FINL GROUP INC 0.4%

Value $7.134M Shares 192,152 Share Price $37.13 * Est. Cost/Share $18.23 Unrealized @ Report Date +59.7%

BCS BARCLAYS PLC 0.4%

Value $6.567M Shares 636,358 Share Price $10.32 Est. Cost/Share $7.30 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.3%

Value $5.868M Shares 566,885 Share Price $10.35 * Est. Cost/Share $6.45 Unrealized @ Report Date -0.4%

LILAK LIBERTY LATIN AMERICA LTD 0.3%

Value $4.738M Shares 361,120 Share Price $13.12 * Est. Cost/Share $17.11 Unrealized @ Report Date -20.1%

RPV INVESCO EXCHANGE TRADED FD T 0.2%

Value $4.297M Shares 56,680 Share Price $75.81 Est. Cost/Share $71.19 Unrealized @ Report Date —

BSV VANGUARD BD INDEX FDS 0.2%

Value $3.845M Shares 46,927 Share Price $81.94 Est. Cost/Share $80.48 Unrealized @ Report Date —

DELL DELL TECHNOLOGIES INC 0.2%

Value $3.756M Shares 36,101 Share Price $104.04 * Est. Cost/Share $30.11 Unrealized @ Report Date +51.8%

FPH FIVE POINT HOLDINGS LLC 0.2%

Value $3.698M Shares 472,267 Share Price $7.83 * Est. Cost/Share $7.31 Unrealized @ Report Date +11.0%

— HOWARD HUGHES CORP 0.2%

Value $2.646M Shares 30,136 Share Price $87.80 Est. Cost/Share $97.12 Unrealized @ Report Date —

GBIL GOLDMAN SACHS ETF TR 0.1%

Value $2.556M Shares 25,536 Share Price $100.09 Est. Cost/Share $100.18 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.1%

Value $1.927M Shares 291,085 Share Price $6.62 * Est. Cost/Share $5.32 Unrealized @ Report Date +30.1%

SCHZ SCHWAB STRATEGIC TR 0.1%

Value $1.369M Shares 25,224 Share Price $54.27 Est. Cost/Share $53.11 Unrealized @ Report Date —

VTI VANGUARD INDEX FDS 0.0%

Value $797K Shares 3,588 Share Price $222.13 Est. Cost/Share $185.03 Unrealized @ Report Date —

SMBC SOUTHERN MO BANCORP INC 0.0%

Value $714K Shares 15,915 Share Price $44.86 * Est. Cost/Share $37.06 Unrealized @ Report Date +11.3%

VTV VANGUARD INDEX FDS 0.0%

Value $651K Shares 4,809 Share Price $135.37 Est. Cost/Share $107.51 Unrealized @ Report Date —

— GP STRATEGIES CORP 0.0%

Value $364K Shares 17,572 Share Price $20.71 Est. Cost/Share $20.71 Unrealized @ Report Date —

FND FLOOR & DECOR HLDGS INC 0.0%

Value $342K Shares 2,830 Share Price $120.85 Est. Cost/Share $105.17 Unrealized @ Report Date +13.5%

IAC IAC INTERACTIVECORP NEW 0.0%

Value $338K Shares 2,598 Share Price $130.10 * Est. Cost/Share $123.20 Unrealized @ Report Date -10.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	LIBERTY GLOBAL PLC	6,381,401	$188M	10.7%	$29.46	$27.09	—	SHS CL C	G5480U120
C	CITIGROUP INC	2,482,009	$174M	9.9%	$70.18 *	$51.09	+16.8%	COM NEW	172967424
VOD	VODAFONE GROUP PLC NEW	10,951,367	$169M	9.6%	$15.45	$22.46	—	SPONSORED ADR	92857W308
GM	GENERAL MTRS CO	3,120,345	$164M	9.3%	$52.71 *	$29.70	+72.7%	COM	37045V100
BRK/B	BERKSHIRE HATHAWAY INC DEL	582,724	$159M	9.0%	$272.94 *	$148.81	+88.7%	CL B NEW	084670702
MGA	MAGNA INTL INC	1,955,094	$147M	8.3%	$75.24 *	$40.01	+77.3%	COM	559222401
CVX	CHEVRON CORP NEW	1,418,897	$144M	8.2%	$101.45 *	$73.46	+13.4%	COM	166764100
JPM	JPMORGAN CHASE & CO	879,375	$144M	8.2%	$163.69 *	$71.04	+97.5%	COM	46625H100
LUMN	LUMEN TECHNOLOGIES INC	10,393,571	$129M	7.3%	$12.39 *	$10.84	+4.7%	COM	550241103
JNJ	JOHNSON & JOHNSON	719,491	$116M	6.6%	$161.50 *	$75.34	+99.4%	COM	478160104
MSFT	MICROSOFT CORP	326,384	$92.01M	5.2%	$281.92	$38.86	+622.3%	COM	594918104
—	SPX FLOW INC	615,942	$45.03M	2.6%	$73.10	$29.77	—	COM	78469X107
—	RESOLUTE FST PRODS INC	2,646,509	$31.49M	1.8%	$11.90	$9.67	—	COM	76117W109
LEN/B	LENNAR CORP	103,255	$8.012M	0.5%	$77.59 *	$51.59	+43.0%	CL B	526057302
JEF	JEFFERIES FINL GROUP INC	192,152	$7.134M	0.4%	$37.13 *	$18.23	+59.7%	COM	47233W109
BCS	BARCLAYS PLC	636,358	$6.567M	0.4%	$10.32	$7.30	—	ADR	06738E204
CRK	COMSTOCK RES INC	566,885	$5.868M	0.3%	$10.35 *	$6.45	-0.4%	COM	205768302
LILAK	LIBERTY LATIN AMERICA LTD	361,120	$4.738M	0.3%	$13.12 *	$17.11	-20.1%	COM CL C	G9001E128
RPV	INVESCO EXCHANGE TRADED FD T	56,680	$4.297M	0.2%	$75.81	$71.19	—	S&P500 PUR VAL	46137V258
BSV	VANGUARD BD INDEX FDS	46,927	$3.845M	0.2%	$81.94	$80.48	—	SHORT TRM BOND	921937827
DELL	DELL TECHNOLOGIES INC	36,101	$3.756M	0.2%	$104.04 *	$30.11	+51.8%	CL C	24703L202
FPH	FIVE POINT HOLDINGS LLC	472,267	$3.698M	0.2%	$7.83 *	$7.31	+11.0%	COM CL A	33833Q106
—	HOWARD HUGHES CORP	30,136	$2.646M	0.2%	$87.80	$97.12	—	COM	44267D107
GBIL	GOLDMAN SACHS ETF TR	25,536	$2.556M	0.1%	$100.09	$100.18	—	ACCES TREASURY	381430529
KINS	KINGSTONE COS INC	291,085	$1.927M	0.1%	$6.62 *	$5.32	+30.1%	COM	496719105
SCHZ	SCHWAB STRATEGIC TR	25,224	$1.369M	0.1%	$54.27	$53.11	—	US AGGREGATE B	808524839
VTI	VANGUARD INDEX FDS	3,588	$797K	0.0%	$222.13	$185.03	—	TOTAL STK MKT	922908769
SMBC	SOUTHERN MO BANCORP INC	15,915	$714K	0.0%	$44.86 *	$37.06	+11.3%	COM	843380106
VTV	VANGUARD INDEX FDS	4,809	$651K	0.0%	$135.37	$107.51	—	VALUE ETF	922908744
—	GP STRATEGIES CORP	17,572	$364K	0.0%	$20.71	$20.71	—	COM	36225V104
FND	FLOOR & DECOR HLDGS INC	2,830	$342K	0.0%	$120.85	$105.17	+13.5%	CL A	339750101
IAC	IAC INTERACTIVECORP NEW	2,598	$338K	0.0%	$130.10 *	$123.20	-10.5%	COM NEW	44891N208