ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Oct 19, 2022

Total Value: $2.018B (100.0% shares, 0.0% debt)

Holdings (41)

GM GENERAL MTRS CO 8.5%

Value $172M Shares 5,346,804 Share Price $32.09 * Est. Cost/Share $34.92 Unrealized @ Report Date +1.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 8.3%

Value $167M Shares 625,478 Share Price $267.02 * Est. Cost/Share $166.65 Unrealized @ Report Date +70.8%

C CITIGROUP INC 7.6%

Value $154M Shares 3,704,185 Share Price $41.67 * Est. Cost/Share $50.32 Unrealized @ Report Date -13.2%

FDX FEDEX CORP 7.6%

Value $154M Shares 1,036,732 Share Price $148.47 * Est. Cost/Share $196.43 Unrealized @ Report Date -0.3%

JNJ JOHNSON & JOHNSON 7.6%

Value $154M Shares 940,218 Share Price $163.36 * Est. Cost/Share $91.87 Unrealized @ Report Date +66.4%

VOD VODAFONE GROUP PLC NEW 7.6%

Value $153M Shares 13,504,877 Share Price $11.33 Est. Cost/Share $20.72 Unrealized @ Report Date —

LEN LENNAR CORP 7.6%

Value $153M Shares 2,050,992 Share Price $74.55 Est. Cost/Share $69.41 Unrealized @ Report Date +6.6%

CVX CHEVRON CORP NEW 7.5%

Value $151M Shares 1,051,526 Share Price $143.67 * Est. Cost/Share $74.37 Unrealized @ Report Date +78.6%

MSFT MICROSOFT CORP 7.4%

Value $150M Shares 644,163 Share Price $232.90 * Est. Cost/Share $155.70 Unrealized @ Report Date +65.0%

JPM JPMORGAN CHASE & CO 7.3%

Value $147M Shares 1,410,053 Share Price $104.50 Est. Cost/Share $89.12 Unrealized @ Report Date +18.5%

— LIBERTY GLOBAL PLC 7.2%

Value $145M Shares 8,796,475 Share Price $16.50 Est. Cost/Share $25.52 Unrealized @ Report Date —

MGA MAGNA INTL INC 7.0%

Value $141M Shares 2,968,739 Share Price $47.42 * Est. Cost/Share $47.53 Unrealized @ Report Date +8.3%

LUMN LUMEN TECHNOLOGIES INC 5.3%

Value $107M Shares 14,710,805 Share Price $7.28 * Est. Cost/Share $10.80 Unrealized @ Report Date -7.3%

GBIL GOLDMAN SACHS ETF TR 0.7%

Value $14.46M Shares 144,847 Share Price $99.85 Est. Cost/Share $99.88 Unrealized @ Report Date —

RPV INVESCO EXCHANGE TRADED FD T 0.4%

Value $7.539M Shares 107,951 Share Price $69.84 Est. Cost/Share $71.04 Unrealized @ Report Date —

JEF JEFFERIES FINL GROUP INC 0.4%

Value $7.078M Shares 239,927 Share Price $29.50 * Est. Cost/Share $20.48 Unrealized @ Report Date +32.8%

LEN/B LENNAR CORP 0.3%

Value $6.909M Shares 116,101 Share Price $59.51 * Est. Cost/Share $53.57 Unrealized @ Report Date +7.1%

BCS BARCLAYS PLC 0.2%

Value $4.073M Shares 636,358 Share Price $6.40 Est. Cost/Share $7.30 Unrealized @ Report Date —

BSV VANGUARD BD INDEX FDS 0.2%

Value $3.946M Shares 52,736 Share Price $74.83 Est. Cost/Share $79.89 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.2%

Value $3.628M Shares 589,976 Share Price $6.15 * Est. Cost/Share $13.72 Unrealized @ Report Date -48.4%

DELL DELL TECHNOLOGIES INC 0.2%

Value $3.345M Shares 97,902 Share Price $34.17 * Est. Cost/Share $40.55 Unrealized @ Report Date -3.6%

— HOWARD HUGHES CORP 0.1%

Value $1.96M Shares 35,378 Share Price $55.40 Est. Cost/Share $93.89 Unrealized @ Report Date —

— RESOLUTE FST PRODS INC 0.1%

Value $1.909M Shares 95,466 Share Price $20.00 Est. Cost/Share $9.67 Unrealized @ Report Date —

AER AERCAP HOLDINGS NV 0.1%

Value $1.611M Shares 38,053 Share Price $42.34 * Est. Cost/Share $59.03 Unrealized @ Report Date -26.3%

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $1.465M Shares 563,674 Share Price $2.60 * Est. Cost/Share $7.17 Unrealized @ Report Date -49.0%

MRK MERCK & CO INC 0.1%

Value $1.437M Shares 16,687 Share Price $86.11 * Est. Cost/Share $71.00 Unrealized @ Report Date +13.3%

NRDY NERDY INC 0.1%

Value $1.225M Shares 580,453 Share Price $2.11 * Est. Cost/Share $3.54 Unrealized @ Report Date -24.3%

ACWX ISHARES TR 0.1%

Value $1.107M Shares 27,679 Share Price $39.99 Est. Cost/Share $39.99 Unrealized @ Report Date —

IAC IAC INC 0.1%

Value $1.018M Shares 18,374 Share Price $55.40 Est. Cost/Share $85.46 Unrealized @ Report Date -34.1%

— VMWARE INC 0.0%

Value $1.003M Shares 9,426 Share Price $106.41 Est. Cost/Share $115.80 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $991K Shares 21,882 Share Price $45.29 Est. Cost/Share $53.11 Unrealized @ Report Date —

KINS KINGSTONE COS INC 0.0%

Value $913K Shares 343,152 Share Price $2.66 * Est. Cost/Share $5.29 Unrealized @ Report Date -32.9%

SMBC SOUTHERN MO BANCORP INC 0.0%

Value $775K Shares 15,180 Share Price $51.05 * Est. Cost/Share $37.95 Unrealized @ Report Date +26.1%

VTI VANGUARD INDEX FDS 0.0%

Value $702K Shares 3,911 Share Price $179.49 Est. Cost/Share $185.33 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.0%

Value $591K Shares 34,187 Share Price $17.29 * Est. Cost/Share $6.45 Unrealized @ Report Date +143.3%

VTV VANGUARD INDEX FDS 0.0%

Value $553K Shares 4,476 Share Price $123.55 Est. Cost/Share $107.51 Unrealized @ Report Date —

IBP INSTALLED BLDG PRODS INC 0.0%

Value $506K Shares 6,249 Share Price $80.97 * Est. Cost/Share $98.07 Unrealized @ Report Date -10.7%

FND FLOOR & DECOR HLDGS INC 0.0%

Value $476K Shares 6,781 Share Price $70.20 * Est. Cost/Share $102.28 Unrealized @ Report Date -21.5%

SLDP SOLID POWER INC 0.0%

Value $447K Shares 85,000 Share Price $5.26 * Est. Cost/Share $7.81 Unrealized @ Report Date -19.1%

— ALLEGHANY CORP MD 0.0%

Value $291K Shares 347 Share Price $838.62 Est. Cost/Share $833.03 Unrealized @ Report Date —

— ACTIVISION BLIZZARD INC 0.0%

Value $270K Shares 3,628 Share Price $74.42 Est. Cost/Share $79.92 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GM	GENERAL MTRS CO	5,346,804	$172M	8.5%	$32.09 *	$34.92	+1.5%	COM	37045V100
BRK/B	BERKSHIRE HATHAWAY INC DEL	625,478	$167M	8.3%	$267.02 *	$166.65	+70.8%	CL B NEW	084670702
C	CITIGROUP INC	3,704,185	$154M	7.6%	$41.67 *	$50.32	-13.2%	COM NEW	172967424
FDX	FEDEX CORP	1,036,732	$154M	7.6%	$148.47 *	$196.43	-0.3%	COM	31428X106
JNJ	JOHNSON & JOHNSON	940,218	$154M	7.6%	$163.36 *	$91.87	+66.4%	COM	478160104
VOD	VODAFONE GROUP PLC NEW	13,504,877	$153M	7.6%	$11.33	$20.72	—	SPONSORED ADR	92857W308
LEN	LENNAR CORP	2,050,992	$153M	7.6%	$74.55	$69.41	+6.6%	CL A	526057104
CVX	CHEVRON CORP NEW	1,051,526	$151M	7.5%	$143.67 *	$74.37	+78.6%	COM	166764100
MSFT	MICROSOFT CORP	644,163	$150M	7.4%	$232.90 *	$155.70	+65.0%	COM	594918104
JPM	JPMORGAN CHASE & CO	1,410,053	$147M	7.3%	$104.50	$89.12	+18.5%	COM	46625H100
—	LIBERTY GLOBAL PLC	8,796,475	$145M	7.2%	$16.50	$25.52	—	SHS CL C	G5480U120
MGA	MAGNA INTL INC	2,968,739	$141M	7.0%	$47.42 *	$47.53	+8.3%	COM	559222401
LUMN	LUMEN TECHNOLOGIES INC	14,710,805	$107M	5.3%	$7.28 *	$10.80	-7.3%	COM	550241103
GBIL	GOLDMAN SACHS ETF TR	144,847	$14.46M	0.7%	$99.85	$99.88	—	ACCES TREASURY	381430529
RPV	INVESCO EXCHANGE TRADED FD T	107,951	$7.539M	0.4%	$69.84	$71.04	—	S&P500 PUR VAL	46137V258
JEF	JEFFERIES FINL GROUP INC	239,927	$7.078M	0.4%	$29.50 *	$20.48	+32.8%	COM	47233W109
LEN/B	LENNAR CORP	116,101	$6.909M	0.3%	$59.51 *	$53.57	+7.1%	CL B	526057302
BCS	BARCLAYS PLC	636,358	$4.073M	0.2%	$6.40	$7.30	—	ADR	06738E204
BSV	VANGUARD BD INDEX FDS	52,736	$3.946M	0.2%	$74.83	$79.89	—	SHORT TRM BOND	921937827
LILAK	LIBERTY LATIN AMERICA LTD	589,976	$3.628M	0.2%	$6.15 *	$13.72	-48.4%	COM CL C	G9001E128
DELL	DELL TECHNOLOGIES INC	97,902	$3.345M	0.2%	$34.17 *	$40.55	-3.6%	CL C	24703L202
—	HOWARD HUGHES CORP	35,378	$1.96M	0.1%	$55.40	$93.89	—	COM	44267D107
—	RESOLUTE FST PRODS INC	95,466	$1.909M	0.1%	$20.00	$9.67	—	COM	76117W109
AER	AERCAP HOLDINGS NV	38,053	$1.611M	0.1%	$42.34 *	$59.03	-26.3%	SHS	N00985106
FPH	FIVE POINT HOLDINGS LLC	563,674	$1.465M	0.1%	$2.60 *	$7.17	-49.0%	COM CL A	33833Q106
MRK	MERCK & CO INC	16,687	$1.437M	0.1%	$86.11 *	$71.00	+13.3%	COM	58933Y105
NRDY	NERDY INC	580,453	$1.225M	0.1%	$2.11 *	$3.54	-24.3%	CL A COM	64081V109
ACWX	ISHARES TR	27,679	$1.107M	0.1%	$39.99	$39.99	—	MSCI ACWI EX US	464288240
IAC	IAC INC	18,374	$1.018M	0.1%	$55.40	$85.46	-34.1%	COM NEW	44891N208
—	VMWARE INC	9,426	$1.003M	0.0%	$106.41	$115.80	—	CL A COM	928563402
SCHZ	SCHWAB STRATEGIC TR	21,882	$991K	0.0%	$45.29	$53.11	—	US AGGREGATE B	808524839
KINS	KINGSTONE COS INC	343,152	$913K	0.0%	$2.66 *	$5.29	-32.9%	COM	496719105
SMBC	SOUTHERN MO BANCORP INC	15,180	$775K	0.0%	$51.05 *	$37.95	+26.1%	COM	843380106
VTI	VANGUARD INDEX FDS	3,911	$702K	0.0%	$179.49	$185.33	—	TOTAL STK MKT	922908769
CRK	COMSTOCK RES INC	34,187	$591K	0.0%	$17.29 *	$6.45	+143.3%	COM	205768302
VTV	VANGUARD INDEX FDS	4,476	$553K	0.0%	$123.55	$107.51	—	VALUE ETF	922908744
IBP	INSTALLED BLDG PRODS INC	6,249	$506K	0.0%	$80.97 *	$98.07	-10.7%	COM	45780R101
FND	FLOOR & DECOR HLDGS INC	6,781	$476K	0.0%	$70.20 *	$102.28	-21.5%	CL A	339750101
SLDP	SOLID POWER INC	85,000	$447K	0.0%	$5.26 *	$7.81	-19.1%	CLASS A COM	83422N105
—	ALLEGHANY CORP MD	347	$291K	0.0%	$838.62	$833.03	—	COM	017175100
—	ACTIVISION BLIZZARD INC	3,628	$270K	0.0%	$74.42	$79.92	—	COM	00507V109