ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Jan 26, 2022

Total Value: $1.861B (100.0% shares, 0.0% debt)

Holdings (32)

GM GENERAL MTRS CO 9.9%

Value $184M Shares 3,142,912 Share Price $58.63 * Est. Cost/Share $29.70 Unrealized @ Report Date +89.8%

— LIBERTY GLOBAL PLC 9.7%

Value $181M Shares 6,455,633 Share Price $28.09 Est. Cost/Share $27.10 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 9.1%

Value $170M Shares 569,384 Share Price $299.00 * Est. Cost/Share $148.81 Unrealized @ Report Date +92.5%

CVX CHEVRON CORP NEW 9.0%

Value $168M Shares 1,428,313 Share Price $117.35 * Est. Cost/Share $73.46 Unrealized @ Report Date +30.8%

MGA MAGNA INTL INC 8.6%

Value $160M Shares 1,979,531 Share Price $80.94 * Est. Cost/Share $40.38 Unrealized @ Report Date +74.6%

VOD VODAFONE GROUP PLC NEW 8.6%

Value $160M Shares 10,696,928 Share Price $14.93 Est. Cost/Share $22.46 Unrealized @ Report Date —

C CITIGROUP INC 8.5%

Value $158M Shares 2,612,595 Share Price $60.39 * Est. Cost/Share $51.40 Unrealized @ Report Date +11.2%

JNJ JOHNSON & JOHNSON 8.1%

Value $151M Shares 885,416 Share Price $171.07 * Est. Cost/Share $88.41 Unrealized @ Report Date +64.1%

JPM JPMORGAN CHASE & CO 7.3%

Value $136M Shares 859,307 Share Price $158.35 * Est. Cost/Share $71.04 Unrealized @ Report Date +108.1%

LUMN LUMEN TECHNOLOGIES INC 7.1%

Value $131M Shares 10,467,339 Share Price $12.55 * Est. Cost/Share $10.84 Unrealized @ Report Date +8.4%

MSFT MICROSOFT CORP 5.8%

Value $108M Shares 322,014 Share Price $336.32 * Est. Cost/Share $38.86 Unrealized @ Report Date +706.4%

— SPX FLOW INC 2.8%

Value $51.33M Shares 593,484 Share Price $86.48 Est. Cost/Share $29.77 Unrealized @ Report Date —

— RESOLUTE FST PRODS INC 2.1%

Value $39.52M Shares 2,588,072 Share Price $15.27 Est. Cost/Share $9.67 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.5%

Value $10.2M Shares 106,703 Share Price $95.62 * Est. Cost/Share $52.39 Unrealized @ Report Date +45.8%

JEF JEFFERIES FINL GROUP INC 0.4%

Value $7.831M Shares 201,845 Share Price $38.80 * Est. Cost/Share $18.97 Unrealized @ Report Date +77.7%

BCS BARCLAYS PLC 0.4%

Value $6.586M Shares 636,358 Share Price $10.35 Est. Cost/Share $7.30 Unrealized @ Report Date —

RPV INVESCO EXCHANGE TRADED FD T 0.3%

Value $4.696M Shares 58,092 Share Price $80.84 Est. Cost/Share $71.42 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.2%

Value $4.622M Shares 571,323 Share Price $8.09 * Est. Cost/Share $6.45 Unrealized @ Report Date +34.3%

LILAK LIBERTY LATIN AMERICA LTD 0.2%

Value $4.073M Shares 357,246 Share Price $11.40 * Est. Cost/Share $17.11 Unrealized @ Report Date -29.1%

BSV VANGUARD BD INDEX FDS 0.2%

Value $3.702M Shares 45,796 Share Price $80.84 Est. Cost/Share $80.48 Unrealized @ Report Date —

FPH FIVE POINT HOLDINGS LLC 0.2%

Value $3.309M Shares 505,912 Share Price $6.54 * Est. Cost/Share $7.28 Unrealized @ Report Date -7.2%

— HOWARD HUGHES CORP 0.2%

Value $3.195M Shares 31,387 Share Price $101.79 Est. Cost/Share $97.30 Unrealized @ Report Date —

DELL DELL TECHNOLOGIES INC 0.1%

Value $2.394M Shares 42,614 Share Price $56.18 * Est. Cost/Share $33.32 Unrealized @ Report Date +53.4%

GBIL GOLDMAN SACHS ETF TR 0.1%

Value $2.258M Shares 22,572 Share Price $100.04 Est. Cost/Share $100.18 Unrealized @ Report Date —

— VMWARE INC 0.1%

Value $1.916M Shares 16,534 Share Price $115.88 Est. Cost/Share $115.88 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.1%

Value $1.8M Shares 359,974 Share Price $5.00 * Est. Cost/Share $5.30 Unrealized @ Report Date -1.8%

SCHZ SCHWAB STRATEGIC TR 0.1%

Value $1.351M Shares 25,057 Share Price $53.92 Est. Cost/Share $53.11 Unrealized @ Report Date —

IAC IAC INTERACTIVECORP NEW 0.0%

Value $906K Shares 6,934 Share Price $130.66 * Est. Cost/Share $116.69 Unrealized @ Report Date -3.3%

VTI VANGUARD INDEX FDS 0.0%

Value $881K Shares 3,648 Share Price $241.50 Est. Cost/Share $185.95 Unrealized @ Report Date —

SMBC SOUTHERN MO BANCORP INC 0.0%

Value $864K Shares 16,556 Share Price $52.19 * Est. Cost/Share $37.49 Unrealized @ Report Date +28.7%

VTV VANGUARD INDEX FDS 0.0%

Value $710K Shares 4,829 Share Price $147.03 Est. Cost/Share $107.51 Unrealized @ Report Date —

FND FLOOR & DECOR HLDGS INC 0.0%

Value $378K Shares 2,905 Share Price $130.12 Est. Cost/Share $105.78 Unrealized @ Report Date +21.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GM	GENERAL MTRS CO	3,142,912	$184M	9.9%	$58.63 *	$29.70	+89.8%	COM	37045V100
—	LIBERTY GLOBAL PLC	6,455,633	$181M	9.7%	$28.09	$27.10	—	SHS CL C	G5480U120
BRK/B	BERKSHIRE HATHAWAY INC DEL	569,384	$170M	9.1%	$299.00 *	$148.81	+92.5%	CL B NEW	084670702
CVX	CHEVRON CORP NEW	1,428,313	$168M	9.0%	$117.35 *	$73.46	+30.8%	COM	166764100
MGA	MAGNA INTL INC	1,979,531	$160M	8.6%	$80.94 *	$40.38	+74.6%	COM	559222401
VOD	VODAFONE GROUP PLC NEW	10,696,928	$160M	8.6%	$14.93	$22.46	—	SPONSORED ADR	92857W308
C	CITIGROUP INC	2,612,595	$158M	8.5%	$60.39 *	$51.40	+11.2%	COM NEW	172967424
JNJ	JOHNSON & JOHNSON	885,416	$151M	8.1%	$171.07 *	$88.41	+64.1%	COM	478160104
JPM	JPMORGAN CHASE & CO	859,307	$136M	7.3%	$158.35 *	$71.04	+108.1%	COM	46625H100
LUMN	LUMEN TECHNOLOGIES INC	10,467,339	$131M	7.1%	$12.55 *	$10.84	+8.4%	COM	550241103
MSFT	MICROSOFT CORP	322,014	$108M	5.8%	$336.32 *	$38.86	+706.4%	COM	594918104
—	SPX FLOW INC	593,484	$51.33M	2.8%	$86.48	$29.77	—	COM	78469X107
—	RESOLUTE FST PRODS INC	2,588,072	$39.52M	2.1%	$15.27	$9.67	—	COM	76117W109
LEN/B	LENNAR CORP	106,703	$10.2M	0.5%	$95.62 *	$52.39	+45.8%	CL B	526057302
JEF	JEFFERIES FINL GROUP INC	201,845	$7.831M	0.4%	$38.80 *	$18.97	+77.7%	COM	47233W109
BCS	BARCLAYS PLC	636,358	$6.586M	0.4%	$10.35	$7.30	—	ADR	06738E204
RPV	INVESCO EXCHANGE TRADED FD T	58,092	$4.696M	0.3%	$80.84	$71.42	—	S&P500 PUR VAL	46137V258
CRK	COMSTOCK RES INC	571,323	$4.622M	0.2%	$8.09 *	$6.45	+34.3%	COM	205768302
LILAK	LIBERTY LATIN AMERICA LTD	357,246	$4.073M	0.2%	$11.40 *	$17.11	-29.1%	COM CL C	G9001E128
BSV	VANGUARD BD INDEX FDS	45,796	$3.702M	0.2%	$80.84	$80.48	—	SHORT TRM BOND	921937827
FPH	FIVE POINT HOLDINGS LLC	505,912	$3.309M	0.2%	$6.54 *	$7.28	-7.2%	COM CL A	33833Q106
—	HOWARD HUGHES CORP	31,387	$3.195M	0.2%	$101.79	$97.30	—	COM	44267D107
DELL	DELL TECHNOLOGIES INC	42,614	$2.394M	0.1%	$56.18 *	$33.32	+53.4%	CL C	24703L202
GBIL	GOLDMAN SACHS ETF TR	22,572	$2.258M	0.1%	$100.04	$100.18	—	ACCES TREASURY	381430529
—	VMWARE INC	16,534	$1.916M	0.1%	$115.88	$115.88	—	CL A COM	928563402
KINS	KINGSTONE COS INC	359,974	$1.8M	0.1%	$5.00 *	$5.30	-1.8%	COM	496719105
SCHZ	SCHWAB STRATEGIC TR	25,057	$1.351M	0.1%	$53.92	$53.11	—	US AGGREGATE B	808524839
IAC	IAC INTERACTIVECORP NEW	6,934	$906K	0.0%	$130.66 *	$116.69	-3.3%	COM NEW	44891N208
VTI	VANGUARD INDEX FDS	3,648	$881K	0.0%	$241.50	$185.95	—	TOTAL STK MKT	922908769
SMBC	SOUTHERN MO BANCORP INC	16,556	$864K	0.0%	$52.19 *	$37.49	+28.7%	COM	843380106
VTV	VANGUARD INDEX FDS	4,829	$710K	0.0%	$147.03	$107.51	—	VALUE ETF	922908744
FND	FLOOR & DECOR HLDGS INC	2,905	$378K	0.0%	$130.12	$105.78	+21.8%	CL A	339750101