ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 8, 2023

Total Value: $550M (100.0% shares, 0.0% debt)

Holdings (39)

GBIL GOLDMAN SACHS ETF TR 11.0%

Value $60.46M Shares 603,948 Share Price $100.11 Est. Cost/Share $100.08 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 7.8%

Value $42.87M Shares 122,380 Share Price $350.30 Est. Cost/Share $166.65 Unrealized @ Report Date +112.9%

JPM JPMORGAN CHASE & CO 7.0%

Value $38.66M Shares 266,584 Share Price $145.02 Est. Cost/Share $89.12 Unrealized @ Report Date +59.7%

GM GENERAL MTRS CO 7.0%

Value $38.64M Shares 1,172,051 Share Price $32.97 * Est. Cost/Share $34.89 Unrealized @ Report Date -0.7%

C CITIGROUP INC 6.9%

Value $38.08M Shares 925,883 Share Price $41.13 Est. Cost/Share $49.32 Unrealized @ Report Date -18.0%

MSFT MICROSOFT CORP 6.8%

Value $37.31M Shares 118,156 Share Price $315.75 * Est. Cost/Share $159.66 Unrealized @ Report Date +103.3%

— LIBERTY GLOBAL PLC 6.5%

Value $35.92M Shares 1,935,343 Share Price $18.56 Est. Cost/Share $24.10 Unrealized @ Report Date —

MGA MAGNA INTL INC 6.5%

Value $35.67M Shares 665,402 Share Price $53.61 Est. Cost/Share $48.10 Unrealized @ Report Date +10.6%

LEN LENNAR CORP 6.2%

Value $34.13M Shares 304,121 Share Price $112.23 Est. Cost/Share $69.41 Unrealized @ Report Date +63.5%

VOD VODAFONE GROUP PLC NEW 5.9%

Value $32.61M Shares 3,440,107 Share Price $9.48 Est. Cost/Share $17.30 Unrealized @ Report Date —

CVX CHEVRON CORP NEW 5.8%

Value $32.15M Shares 190,657 Share Price $168.62 * Est. Cost/Share $95.40 Unrealized @ Report Date +52.8%

JNJ JOHNSON & JOHNSON 5.3%

Value $29.22M Shares 187,599 Share Price $155.75 Est. Cost/Share $93.39 Unrealized @ Report Date +64.1%

THO THOR INDS INC 4.8%

Value $26.26M Shares 276,040 Share Price $95.13 * Est. Cost/Share $77.47 Unrealized @ Report Date +28.1%

FDX FEDEX CORP 4.6%

Value $25.37M Shares 95,766 Share Price $264.92 * Est. Cost/Share $196.27 Unrealized @ Report Date +25.7%

RPV INVESCO EXCHANGE TRADED FD T 1.4%

Value $7.724M Shares 104,972 Share Price $73.58 Est. Cost/Share $77.07 Unrealized @ Report Date —

BCS BARCLAYS PLC 1.2%

Value $6.597M Shares 846,858 Share Price $7.79 Est. Cost/Share $7.36 Unrealized @ Report Date —

DELL DELL TECHNOLOGIES INC 0.7%

Value $4.12M Shares 59,794 Share Price $68.90 * Est. Cost/Share $40.37 Unrealized @ Report Date +41.7%

JEF JEFFERIES FINL GROUP INC 0.6%

Value $3.289M Shares 89,789 Share Price $36.63 * Est. Cost/Share $20.48 Unrealized @ Report Date +62.8%

BSV VANGUARD BD INDEX FDS 0.6%

Value $3.253M Shares 43,276 Share Price $75.17 Est. Cost/Share $79.70 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.4%

Value $2.21M Shares 21,622 Share Price $102.23 * Est. Cost/Share $53.57 Unrealized @ Report Date +86.8%

IAC IAC INC 0.3%

Value $1.557M Shares 30,897 Share Price $50.39 * Est. Cost/Share $62.84 Unrealized @ Report Date -22.8%

MRK MERCK & CO INC 0.3%

Value $1.52M Shares 14,767 Share Price $102.95 * Est. Cost/Share $71.00 Unrealized @ Report Date +40.6%

— ACTIVISION BLIZZARD INC 0.3%

Value $1.51M Shares 16,126 Share Price $93.63 Est. Cost/Share $90.62 Unrealized @ Report Date —

NRDY NERDY INC 0.3%

Value $1.448M Shares 391,318 Share Price $3.70 * Est. Cost/Share $3.49 Unrealized @ Report Date +24.3%

SMBC SOUTHERN MO BANCORP INC 0.2%

Value $1.338M Shares 34,583 Share Price $38.69 * Est. Cost/Share $37.21 Unrealized @ Report Date +9.7%

AER AERCAP HOLDINGS NV 0.2%

Value $1.128M Shares 18,000 Share Price $62.67 Est. Cost/Share $59.03 Unrealized @ Report Date +5.0%

HHH HOWARD HUGHES HOLDINGS INC 0.2%

Value $983K Shares 13,264 Share Price $74.13 Est. Cost/Share $75.45 Unrealized @ Report Date 0.0%

SCHZ SCHWAB STRATEGIC TR 0.2%

Value $899K Shares 20,334 Share Price $44.23 Est. Cost/Share $52.15 Unrealized @ Report Date —

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $804K Shares 270,730 Share Price $2.97 * Est. Cost/Share $6.88 Unrealized @ Report Date -54.9%

VTI VANGUARD INDEX FDS 0.1%

Value $788K Shares 3,711 Share Price $212.42 Est. Cost/Share $186.03 Unrealized @ Report Date —

FND FLOOR & DECOR HLDGS INC 0.1%

Value $738K Shares 8,158 Share Price $90.50 * Est. Cost/Share $100.56 Unrealized @ Report Date +1.3%

IBP INSTALLED BLDG PRODS INC 0.1%

Value $614K Shares 4,920 Share Price $124.89 * Est. Cost/Share $98.30 Unrealized @ Report Date +38.8%

VTV VANGUARD INDEX FDS 0.1%

Value $565K Shares 4,096 Share Price $137.94 Est. Cost/Share $107.51 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.1%

Value $361K Shares 32,738 Share Price $11.03 * Est. Cost/Share $6.45 Unrealized @ Report Date +79.1%

LILAK LIBERTY LATIN AMERICA LTD 0.0%

Value $221K Shares 27,058 Share Price $8.16 * Est. Cost/Share $13.72 Unrealized @ Report Date -38.2%

VTS VITESSE ENERGY INC 0.0%

Value $202K Shares 8,823 Share Price $22.89 * Est. Cost/Share $17.24 Unrealized @ Report Date +36.1%

SLDP SOLID POWER INC 0.0%

Value $172K Shares 85,000 Share Price $2.02 * Est. Cost/Share $7.81 Unrealized @ Report Date -69.7%

EARN ELLINGTON RESIDENTIAL MTG RE 0.0%

Value $92,225 Shares 14,851 Share Price $6.21 Est. Cost/Share $7.30 Unrealized @ Report Date —

NINEQ NINE ENERGY SERVICE INC 0.0%

Value $61,800 Shares 15,000 Share Price $4.12 * Est. Cost/Share $8.17 Unrealized @ Report Date -44.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	603,948	$60.46M	11.0%	$100.11	$100.08	—	ACCES TREASURY	381430529
BRK/B	BERKSHIRE HATHAWAY INC DEL	122,380	$42.87M	7.8%	$350.30	$166.65	+112.9%	CL B NEW	084670702
JPM	JPMORGAN CHASE & CO	266,584	$38.66M	7.0%	$145.02	$89.12	+59.7%	COM	46625H100
GM	GENERAL MTRS CO	1,172,051	$38.64M	7.0%	$32.97 *	$34.89	-0.7%	COM	37045V100
C	CITIGROUP INC	925,883	$38.08M	6.9%	$41.13	$49.32	-18.0%	COM NEW	172967424
MSFT	MICROSOFT CORP	118,156	$37.31M	6.8%	$315.75 *	$159.66	+103.3%	COM	594918104
—	LIBERTY GLOBAL PLC	1,935,343	$35.92M	6.5%	$18.56	$24.10	—	SHS CL C	G5480U120
MGA	MAGNA INTL INC	665,402	$35.67M	6.5%	$53.61	$48.10	+10.6%	COM	559222401
LEN	LENNAR CORP	304,121	$34.13M	6.2%	$112.23	$69.41	+63.5%	CL A	526057104
VOD	VODAFONE GROUP PLC NEW	3,440,107	$32.61M	5.9%	$9.48	$17.30	—	SPONSORED ADR	92857W308
CVX	CHEVRON CORP NEW	190,657	$32.15M	5.8%	$168.62 *	$95.40	+52.8%	COM	166764100
JNJ	JOHNSON & JOHNSON	187,599	$29.22M	5.3%	$155.75	$93.39	+64.1%	COM	478160104
THO	THOR INDS INC	276,040	$26.26M	4.8%	$95.13 *	$77.47	+28.1%	COM	885160101
FDX	FEDEX CORP	95,766	$25.37M	4.6%	$264.92 *	$196.27	+25.7%	COM	31428X106
RPV	INVESCO EXCHANGE TRADED FD T	104,972	$7.724M	1.4%	$73.58	$77.07	—	S&P500 PUR VAL	46137V258
BCS	BARCLAYS PLC	846,858	$6.597M	1.2%	$7.79	$7.36	—	ADR	06738E204
DELL	DELL TECHNOLOGIES INC	59,794	$4.12M	0.7%	$68.90 *	$40.37	+41.7%	CL C	24703L202
JEF	JEFFERIES FINL GROUP INC	89,789	$3.289M	0.6%	$36.63 *	$20.48	+62.8%	COM	47233W109
BSV	VANGUARD BD INDEX FDS	43,276	$3.253M	0.6%	$75.17	$79.70	—	SHORT TRM BOND	921937827
LEN/B	LENNAR CORP	21,622	$2.21M	0.4%	$102.23 *	$53.57	+86.8%	CL B	526057302
IAC	IAC INC	30,897	$1.557M	0.3%	$50.39 *	$62.84	-22.8%	COM NEW	44891N208
MRK	MERCK & CO INC	14,767	$1.52M	0.3%	$102.95 *	$71.00	+40.6%	COM	58933Y105
—	ACTIVISION BLIZZARD INC	16,126	$1.51M	0.3%	$93.63	$90.62	—	COM	00507V109
NRDY	NERDY INC	391,318	$1.448M	0.3%	$3.70 *	$3.49	+24.3%	CL A COM	64081V109
SMBC	SOUTHERN MO BANCORP INC	34,583	$1.338M	0.2%	$38.69 *	$37.21	+9.7%	COM	843380106
AER	AERCAP HOLDINGS NV	18,000	$1.128M	0.2%	$62.67	$59.03	+5.0%	SHS	N00985106
HHH	HOWARD HUGHES HOLDINGS INC	13,264	$983K	0.2%	$74.13	$75.45	0.0%	COM	44267T102
SCHZ	SCHWAB STRATEGIC TR	20,334	$899K	0.2%	$44.23	$52.15	—	US AGGREGATE B	808524839
FPH	FIVE POINT HOLDINGS LLC	270,730	$804K	0.1%	$2.97 *	$6.88	-54.9%	COM CL A	33833Q106
VTI	VANGUARD INDEX FDS	3,711	$788K	0.1%	$212.42	$186.03	—	TOTAL STK MKT	922908769
FND	FLOOR & DECOR HLDGS INC	8,158	$738K	0.1%	$90.50 *	$100.56	+1.3%	CL A	339750101
IBP	INSTALLED BLDG PRODS INC	4,920	$614K	0.1%	$124.89 *	$98.30	+38.8%	COM	45780R101
VTV	VANGUARD INDEX FDS	4,096	$565K	0.1%	$137.94	$107.51	—	VALUE ETF	922908744
CRK	COMSTOCK RES INC	32,738	$361K	0.1%	$11.03 *	$6.45	+79.1%	COM	205768302
LILAK	LIBERTY LATIN AMERICA LTD	27,058	$221K	0.0%	$8.16 *	$13.72	-38.2%	COM CL C	G9001E128
VTS	VITESSE ENERGY INC	8,823	$202K	0.0%	$22.89 *	$17.24	+36.1%	COMMON STOCK	92852X103
SLDP	SOLID POWER INC	85,000	$172K	0.0%	$2.02 *	$7.81	-69.7%	CLASS A COM	83422N105
EARN	ELLINGTON RESIDENTIAL MTG RE	14,851	$92,225	0.0%	$6.21	$7.30	—	COM SHS BEN INT	288578107
NINEQ	NINE ENERGY SERVICE INC	15,000	$61,800	0.0%	$4.12 *	$8.17	-44.9%	COM	65441V101