ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 2, 2023

Total Value: $2.227B (100.0% shares, 0.0% debt)

Holdings (41)

BRK/B BERKSHIRE HATHAWAY INC DEL 8.5%

Value $189M Shares 613,110 Share Price $308.90 * Est. Cost/Share $166.65 Unrealized @ Report Date +78.2%

JPM JPMORGAN CHASE & CO 8.4%

Value $187M Shares 1,395,125 Share Price $134.10 * Est. Cost/Share $89.12 Unrealized @ Report Date +32.0%

LEN LENNAR CORP 8.3%

Value $185M Shares 2,047,957 Share Price $90.50 * Est. Cost/Share $69.41 Unrealized @ Report Date +11.7%

GM GENERAL MTRS CO 8.1%

Value $180M Shares 5,339,474 Share Price $33.64 * Est. Cost/Share $34.92 Unrealized @ Report Date +2.4%

FDX FEDEX CORP 7.6%

Value $170M Shares 979,150 Share Price $173.20 * Est. Cost/Share $196.43 Unrealized @ Report Date -21.1%

MGA MAGNA INTL INC 7.5%

Value $167M Shares 2,978,384 Share Price $56.19 * Est. Cost/Share $47.53 Unrealized @ Report Date +5.3%

JNJ JOHNSON & JOHNSON 7.3%

Value $163M Shares 922,030 Share Price $176.65 * Est. Cost/Share $91.87 Unrealized @ Report Date +71.0%

— LIBERTY GLOBAL PLC 7.2%

Value $161M Shares 8,295,357 Share Price $19.43 Est. Cost/Share $25.52 Unrealized @ Report Date —

C CITIGROUP INC 7.0%

Value $156M Shares 3,445,275 Share Price $45.23 * Est. Cost/Share $50.32 Unrealized @ Report Date -19.4%

MSFT MICROSOFT CORP 6.9%

Value $154M Shares 641,271 Share Price $239.82 * Est. Cost/Share $155.70 Unrealized @ Report Date +50.3%

VOD VODAFONE GROUP PLC NEW 5.7%

Value $126M Shares 12,467,869 Share Price $10.12 Est. Cost/Share $20.72 Unrealized @ Report Date —

CVX CHEVRON CORP NEW 5.5%

Value $122M Shares 677,295 Share Price $179.49 * Est. Cost/Share $74.37 Unrealized @ Report Date +106.0%

THO THOR INDS INC 3.4%

Value $74.64M Shares 988,714 Share Price $75.49 Est. Cost/Share $75.03 Unrealized @ Report Date 0.0%

RPV INVESCO EXCHANGE TRADED FD T 2.9%

Value $64.38M Shares 825,660 Share Price $77.98 Est. Cost/Share $77.07 Unrealized @ Report Date —

LUMN LUMEN TECHNOLOGIES INC 2.3%

Value $51.92M Shares 9,946,840 Share Price $5.22 * Est. Cost/Share $10.80 Unrealized @ Report Date -43.1%

GBIL GOLDMAN SACHS ETF TR 1.0%

Value $21.89M Shares 219,524 Share Price $99.71 Est. Cost/Share $99.82 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.4%

Value $8.466M Shares 113,207 Share Price $74.78 * Est. Cost/Share $53.57 Unrealized @ Report Date +15.0%

JEF JEFFERIES FINL GROUP INC 0.4%

Value $8.091M Shares 236,039 Share Price $34.28 * Est. Cost/Share $20.48 Unrealized @ Report Date +47.1%

BCS BARCLAYS PLC 0.2%

Value $4.964M Shares 636,358 Share Price $7.80 Est. Cost/Share $7.30 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.2%

Value $4.454M Shares 586,093 Share Price $7.60 Est. Cost/Share $13.72 Unrealized @ Report Date -45.1%

DELL DELL TECHNOLOGIES INC 0.2%

Value $3.844M Shares 95,574 Share Price $40.22 * Est. Cost/Share $40.55 Unrealized @ Report Date -8.5%

BSV VANGUARD BD INDEX FDS 0.2%

Value $3.564M Shares 47,347 Share Price $75.28 Est. Cost/Share $79.89 Unrealized @ Report Date —

LQD ISHARES TR 0.1%

Value $3.101M Shares 29,411 Share Price $105.43 Est. Cost/Share $105.43 Unrealized @ Report Date —

— HOWARD HUGHES CORP 0.1%

Value $2.811M Shares 36,781 Share Price $76.42 Est. Cost/Share $93.22 Unrealized @ Report Date —

— RESOLUTE FST PRODS INC 0.1%

Value $1.969M Shares 91,212 Share Price $21.59 Est. Cost/Share $9.67 Unrealized @ Report Date —

MRK MERCK & CO INC 0.1%

Value $1.639M Shares 14,771 Share Price $110.95 * Est. Cost/Share $71.00 Unrealized @ Report Date +30.7%

NRDY NERDY INC 0.1%

Value $1.291M Shares 573,780 Share Price $2.25 * Est. Cost/Share $3.54 Unrealized @ Report Date -38.7%

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $1.245M Shares 534,502 Share Price $2.33 * Est. Cost/Share $7.17 Unrealized @ Report Date -68.4%

— VMWARE INC 0.1%

Value $1.157M Shares 9,426 Share Price $122.76 Est. Cost/Share $115.80 Unrealized @ Report Date —

AER AERCAP HOLDINGS NV 0.0%

Value $1.05M Shares 18,000 Share Price $58.32 * Est. Cost/Share $59.03 Unrealized @ Report Date -7.9%

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $1.001M Shares 21,937 Share Price $45.65 Est. Cost/Share $53.11 Unrealized @ Report Date —

IAC IAC INC 0.0%

Value $861K Shares 19,384 Share Price $44.40 * Est. Cost/Share $83.07 Unrealized @ Report Date -52.4%

VTI VANGUARD INDEX FDS 0.0%

Value $725K Shares 3,791 Share Price $191.17 Est. Cost/Share $185.33 Unrealized @ Report Date —

ACWX ISHARES TR 0.0%

Value $718K Shares 15,787 Share Price $45.50 Est. Cost/Share $39.99 Unrealized @ Report Date —

SMBC SOUTHERN MO BANCORP INC 0.0%

Value $690K Shares 15,047 Share Price $45.83 * Est. Cost/Share $37.95 Unrealized @ Report Date +24.7%

VTV VANGUARD INDEX FDS 0.0%

Value $614K Shares 4,377 Share Price $140.37 Est. Cost/Share $107.51 Unrealized @ Report Date —

IBP INSTALLED BLDG PRODS INC 0.0%

Value $515K Shares 6,019 Share Price $85.60 * Est. Cost/Share $98.07 Unrealized @ Report Date -18.4%

FND FLOOR & DECOR HLDGS INC 0.0%

Value $484K Shares 6,958 Share Price $69.63 * Est. Cost/Share $101.53 Unrealized @ Report Date -28.3%

CRK COMSTOCK RES INC 0.0%

Value $450K Shares 32,858 Share Price $13.71 * Est. Cost/Share $6.45 Unrealized @ Report Date +151.4%

— ACTIVISION BLIZZARD INC 0.0%

Value $261K Shares 3,411 Share Price $76.55 Est. Cost/Share $79.92 Unrealized @ Report Date —

SLDP SOLID POWER INC 0.0%

Value $216K Shares 85,000 Share Price $2.54 * Est. Cost/Share $7.81 Unrealized @ Report Date -45.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	613,110	$189M	8.5%	$308.90 *	$166.65	+78.2%	CL B NEW	084670702
JPM	JPMORGAN CHASE & CO	1,395,125	$187M	8.4%	$134.10 *	$89.12	+32.0%	COM	46625H100
LEN	LENNAR CORP	2,047,957	$185M	8.3%	$90.50 *	$69.41	+11.7%	CL A	526057104
GM	GENERAL MTRS CO	5,339,474	$180M	8.1%	$33.64 *	$34.92	+2.4%	COM	37045V100
FDX	FEDEX CORP	979,150	$170M	7.6%	$173.20 *	$196.43	-21.1%	COM	31428X106
MGA	MAGNA INTL INC	2,978,384	$167M	7.5%	$56.19 *	$47.53	+5.3%	COM	559222401
JNJ	JOHNSON & JOHNSON	922,030	$163M	7.3%	$176.65 *	$91.87	+71.0%	COM	478160104
—	LIBERTY GLOBAL PLC	8,295,357	$161M	7.2%	$19.43	$25.52	—	SHS CL C	G5480U120
C	CITIGROUP INC	3,445,275	$156M	7.0%	$45.23 *	$50.32	-19.4%	COM NEW	172967424
MSFT	MICROSOFT CORP	641,271	$154M	6.9%	$239.82 *	$155.70	+50.3%	COM	594918104
VOD	VODAFONE GROUP PLC NEW	12,467,869	$126M	5.7%	$10.12	$20.72	—	SPONSORED ADR	92857W308
CVX	CHEVRON CORP NEW	677,295	$122M	5.5%	$179.49 *	$74.37	+106.0%	COM	166764100
THO	THOR INDS INC	988,714	$74.64M	3.4%	$75.49	$75.03	0.0%	COM	885160101
RPV	INVESCO EXCHANGE TRADED FD T	825,660	$64.38M	2.9%	$77.98	$77.07	—	S&P500 PUR VAL	46137V258
LUMN	LUMEN TECHNOLOGIES INC	9,946,840	$51.92M	2.3%	$5.22 *	$10.80	-43.1%	COM	550241103
GBIL	GOLDMAN SACHS ETF TR	219,524	$21.89M	1.0%	$99.71	$99.82	—	ACCES TREASURY	381430529
LEN/B	LENNAR CORP	113,207	$8.466M	0.4%	$74.78 *	$53.57	+15.0%	CL B	526057302
JEF	JEFFERIES FINL GROUP INC	236,039	$8.091M	0.4%	$34.28 *	$20.48	+47.1%	COM	47233W109
BCS	BARCLAYS PLC	636,358	$4.964M	0.2%	$7.80	$7.30	—	ADR	06738E204
LILAK	LIBERTY LATIN AMERICA LTD	586,093	$4.454M	0.2%	$7.60	$13.72	-45.1%	COM CL C	G9001E128
DELL	DELL TECHNOLOGIES INC	95,574	$3.844M	0.2%	$40.22 *	$40.55	-8.5%	CL C	24703L202
BSV	VANGUARD BD INDEX FDS	47,347	$3.564M	0.2%	$75.28	$79.89	—	SHORT TRM BOND	921937827
LQD	ISHARES TR	29,411	$3.101M	0.1%	$105.43	$105.43	—	IBOXX INV CP ETF	464287242
—	HOWARD HUGHES CORP	36,781	$2.811M	0.1%	$76.42	$93.22	—	COM	44267D107
—	RESOLUTE FST PRODS INC	91,212	$1.969M	0.1%	$21.59	$9.67	—	COM	76117W109
MRK	MERCK & CO INC	14,771	$1.639M	0.1%	$110.95 *	$71.00	+30.7%	COM	58933Y105
NRDY	NERDY INC	573,780	$1.291M	0.1%	$2.25 *	$3.54	-38.7%	CL A COM	64081V109
FPH	FIVE POINT HOLDINGS LLC	534,502	$1.245M	0.1%	$2.33 *	$7.17	-68.4%	COM CL A	33833Q106
—	VMWARE INC	9,426	$1.157M	0.1%	$122.76	$115.80	—	CL A COM	928563402
AER	AERCAP HOLDINGS NV	18,000	$1.05M	0.0%	$58.32 *	$59.03	-7.9%	SHS	N00985106
SCHZ	SCHWAB STRATEGIC TR	21,937	$1.001M	0.0%	$45.65	$53.11	—	US AGGREGATE B	808524839
IAC	IAC INC	19,384	$861K	0.0%	$44.40 *	$83.07	-52.4%	COM NEW	44891N208
VTI	VANGUARD INDEX FDS	3,791	$725K	0.0%	$191.17	$185.33	—	TOTAL STK MKT	922908769
ACWX	ISHARES TR	15,787	$718K	0.0%	$45.50	$39.99	—	MSCI ACWI EX US	464288240
SMBC	SOUTHERN MO BANCORP INC	15,047	$690K	0.0%	$45.83 *	$37.95	+24.7%	COM	843380106
VTV	VANGUARD INDEX FDS	4,377	$614K	0.0%	$140.37	$107.51	—	VALUE ETF	922908744
IBP	INSTALLED BLDG PRODS INC	6,019	$515K	0.0%	$85.60 *	$98.07	-18.4%	COM	45780R101
FND	FLOOR & DECOR HLDGS INC	6,958	$484K	0.0%	$69.63 *	$101.53	-28.3%	CL A	339750101
CRK	COMSTOCK RES INC	32,858	$450K	0.0%	$13.71 *	$6.45	+151.4%	COM	205768302
—	ACTIVISION BLIZZARD INC	3,411	$261K	0.0%	$76.55	$79.92	—	COM	00507V109
SLDP	SOLID POWER INC	85,000	$216K	0.0%	$2.54 *	$7.81	-45.3%	CLASS A COM	83422N105