ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 6, 2024

Total Value: $2.96B (100.0% shares, 0.0% debt)

Holdings (39)

GBIL GOLDMAN SACHS ETF TR 11.4%

Value $337M Shares 3,382,758 Share Price $99.74 Est. Cost/Share $99.80 Unrealized @ Report Date —

LEN LENNAR CORP 8.0%

Value $237M Shares 1,590,098 Share Price $149.04 * Est. Cost/Share $107.80 Unrealized @ Report Date +8.4%

JPM JPMORGAN CHASE & CO 7.9%

Value $233M Shares 1,372,428 Share Price $170.10 * Est. Cost/Share $134.06 Unrealized @ Report Date +8.1%

C CITIGROUP INC 7.5%

Value $222M Shares 4,309,072 Share Price $51.44 * Est. Cost/Share $43.06 Unrealized @ Report Date -4.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 7.3%

Value $215M Shares 602,653 Share Price $356.66 Est. Cost/Share $313.56 Unrealized @ Report Date +11.9%

MSFT MICROSOFT CORP 7.2%

Value $214M Shares 568,464 Share Price $376.04 * Est. Cost/Share $310.72 Unrealized @ Report Date +12.8%

MGA MAGNA INTL INC 7.1%

Value $211M Shares 3,566,427 Share Price $59.08 * Est. Cost/Share $49.36 Unrealized @ Report Date +0.6%

GM GENERAL MTRS CO 7.1%

Value $210M Shares 5,844,854 Share Price $35.92 * Est. Cost/Share $31.17 Unrealized @ Report Date -3.0%

THO THOR INDS INC 5.9%

Value $174M Shares 1,472,852 Share Price $118.25 * Est. Cost/Share $92.00 Unrealized @ Report Date +3.6%

JNJ JOHNSON & JOHNSON 5.4%

Value $158M Shares 1,011,135 Share Price $156.74 * Est. Cost/Share $134.27 Unrealized @ Report Date +6.9%

LBTYK LIBERTY GLOBAL LTD 5.3%

Value $156M Shares 8,348,460 Share Price $18.64 * Est. Cost/Share $9.07 Unrealized @ Report Date 0.0%

CVX CHEVRON CORP NEW 5.2%

Value $153M Shares 1,027,428 Share Price $149.16 * Est. Cost/Share $129.93 Unrealized @ Report Date +6.1%

FDX FEDEX CORP 5.0%

Value $149M Shares 588,399 Share Price $252.97 * Est. Cost/Share $234.83 Unrealized @ Report Date +3.2%

VOD VODAFONE GROUP PLC NEW 4.5%

Value $134M Shares 15,392,151 Share Price $8.70 Est. Cost/Share $10.62 Unrealized @ Report Date —

RPV INVESCO EXCHANGE TRADED FD T 2.8%

Value $84.21M Shares 1,025,958 Share Price $82.08 Est. Cost/Share $81.57 Unrealized @ Report Date —

LBTYA LIBERTY GLOBAL LTD 0.3%

Value $10.26M Shares 577,252 Share Price $17.77 * Est. Cost/Share $8.35 Unrealized @ Report Date 0.0%

LEN/B LENNAR CORP 0.3%

Value $9.753M Shares 72,758 Share Price $134.05 * Est. Cost/Share $89.41 Unrealized @ Report Date +17.0%

JEF JEFFERIES FINL GROUP INC 0.3%

Value $9.364M Shares 231,729 Share Price $40.41 * Est. Cost/Share $28.27 Unrealized @ Report Date +17.4%

DELL DELL TECHNOLOGIES INC 0.3%

Value $8.385M Shares 109,610 Share Price $76.50 * Est. Cost/Share $53.05 Unrealized @ Report Date +28.7%

BCS BARCLAYS PLC 0.2%

Value $7.343M Shares 931,858 Share Price $7.88 Est. Cost/Share $7.41 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.1%

Value $3.603M Shares 490,857 Share Price $7.34 * Est. Cost/Share $7.49 Unrealized @ Report Date -4.9%

BSV VANGUARD BD INDEX FDS 0.1%

Value $3.21M Shares 41,682 Share Price $77.02 Est. Cost/Share $79.70 Unrealized @ Report Date —

IAC IAC INC 0.1%

Value $2.838M Shares 54,186 Share Price $52.38 * Est. Cost/Share $52.67 Unrealized @ Report Date -25.6%

NRDY NERDY INC 0.1%

Value $2.823M Shares 822,972 Share Price $3.43 * Est. Cost/Share $3.27 Unrealized @ Report Date -6.1%

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $2.131M Shares 694,225 Share Price $3.07 * Est. Cost/Share $4.28 Unrealized @ Report Date -38.8%

HHH HOWARD HUGHES HOLDINGS INC 0.1%

Value $2.096M Shares 24,496 Share Price $85.55 * Est. Cost/Share $73.02 Unrealized @ Report Date -3.9%

SMBC SOUTHERN MO BANCORP INC 0.1%

Value $1.912M Shares 35,810 Share Price $53.39 * Est. Cost/Share $37.40 Unrealized @ Report Date +14.2%

MRK MERCK & CO INC 0.1%

Value $1.854M Shares 17,007 Share Price $109.02 * Est. Cost/Share $74.40 Unrealized @ Report Date +30.1%

AER AERCAP HOLDINGS NV 0.0%

Value $1.338M Shares 18,000 Share Price $74.32 * Est. Cost/Share $59.03 Unrealized @ Report Date +10.1%

— HESS CORP 0.0%

Value $1.048M Shares 7,273 Share Price $144.16 Est. Cost/Share $144.16 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $943K Shares 20,232 Share Price $46.62 Est. Cost/Share $52.15 Unrealized @ Report Date —

VTI VANGUARD INDEX FDS 0.0%

Value $864K Shares 3,642 Share Price $237.22 Est. Cost/Share $186.03 Unrealized @ Report Date —

— NATIONAL WESTN LIFE GROUP IN 0.0%

Value $812K Shares 1,681 Share Price $483.02 Est. Cost/Share $483.02 Unrealized @ Report Date —

FND FLOOR & DECOR HLDGS INC 0.0%

Value $777K Shares 6,967 Share Price $111.56 * Est. Cost/Share $100.56 Unrealized @ Report Date -8.4%

VTV VANGUARD INDEX FDS 0.0%

Value $615K Shares 4,116 Share Price $149.51 Est. Cost/Share $107.51 Unrealized @ Report Date —

CRK COMSTOCK RES INC 0.0%

Value $290K Shares 32,738 Share Price $8.85 * Est. Cost/Share $6.45 Unrealized @ Report Date +66.1%

SLDP SOLID POWER INC 0.0%

Value $123K Shares 85,000 Share Price $1.45 Est. Cost/Share $7.81 Unrealized @ Report Date -80.8%

EARN ELLINGTON RESIDENTIAL MTG RE 0.0%

Value $76,791 Shares 12,527 Share Price $6.13 Est. Cost/Share $7.30 Unrealized @ Report Date —

NINEQ NINE ENERGY SERVICE INC 0.0%

Value $40,200 Shares 15,000 Share Price $2.68 * Est. Cost/Share $8.17 Unrealized @ Report Date -64.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	3,382,758	$337M	11.4%	$99.74	$99.80	—	ACCES TREASURY	381430529
LEN	LENNAR CORP	1,590,098	$237M	8.0%	$149.04 *	$107.80	+8.4%	CL A	526057104
JPM	JPMORGAN CHASE & CO	1,372,428	$233M	7.9%	$170.10 *	$134.06	+8.1%	COM	46625H100
C	CITIGROUP INC	4,309,072	$222M	7.5%	$51.44 *	$43.06	-4.0%	COM NEW	172967424
BRK/B	BERKSHIRE HATHAWAY INC DEL	602,653	$215M	7.3%	$356.66	$313.56	+11.9%	CL B NEW	084670702
MSFT	MICROSOFT CORP	568,464	$214M	7.2%	$376.04 *	$310.72	+12.8%	COM	594918104
MGA	MAGNA INTL INC	3,566,427	$211M	7.1%	$59.08 *	$49.36	+0.6%	COM	559222401
GM	GENERAL MTRS CO	5,844,854	$210M	7.1%	$35.92 *	$31.17	-3.0%	COM	37045V100
THO	THOR INDS INC	1,472,852	$174M	5.9%	$118.25 *	$92.00	+3.6%	COM	885160101
JNJ	JOHNSON & JOHNSON	1,011,135	$158M	5.4%	$156.74 *	$134.27	+6.9%	COM	478160104
LBTYK	LIBERTY GLOBAL LTD	8,348,460	$156M	5.3%	$18.64 *	$9.07	0.0%	COM CL C	G61188127
CVX	CHEVRON CORP NEW	1,027,428	$153M	5.2%	$149.16 *	$129.93	+6.1%	COM	166764100
FDX	FEDEX CORP	588,399	$149M	5.0%	$252.97 *	$234.83	+3.2%	COM	31428X106
VOD	VODAFONE GROUP PLC NEW	15,392,151	$134M	4.5%	$8.70	$10.62	—	SPONSORED ADR	92857W308
RPV	INVESCO EXCHANGE TRADED FD T	1,025,958	$84.21M	2.8%	$82.08	$81.57	—	S&P500 PUR VAL	46137V258
LBTYA	LIBERTY GLOBAL LTD	577,252	$10.26M	0.3%	$17.77 *	$8.35	0.0%	COM CL A	G61188101
LEN/B	LENNAR CORP	72,758	$9.753M	0.3%	$134.05 *	$89.41	+17.0%	CL B	526057302
JEF	JEFFERIES FINL GROUP INC	231,729	$9.364M	0.3%	$40.41 *	$28.27	+17.4%	COM	47233W109
DELL	DELL TECHNOLOGIES INC	109,610	$8.385M	0.3%	$76.50 *	$53.05	+28.7%	CL C	24703L202
BCS	BARCLAYS PLC	931,858	$7.343M	0.2%	$7.88	$7.41	—	ADR	06738E204
LILAK	LIBERTY LATIN AMERICA LTD	490,857	$3.603M	0.1%	$7.34 *	$7.49	-4.9%	COM CL C	G9001E128
BSV	VANGUARD BD INDEX FDS	41,682	$3.21M	0.1%	$77.02	$79.70	—	SHORT TRM BOND	921937827
IAC	IAC INC	54,186	$2.838M	0.1%	$52.38 *	$52.67	-25.6%	COM NEW	44891N208
NRDY	NERDY INC	822,972	$2.823M	0.1%	$3.43 *	$3.27	-6.1%	CL A COM	64081V109
FPH	FIVE POINT HOLDINGS LLC	694,225	$2.131M	0.1%	$3.07 *	$4.28	-38.8%	COM CL A	33833Q106
HHH	HOWARD HUGHES HOLDINGS INC	24,496	$2.096M	0.1%	$85.55 *	$73.02	-3.9%	COM	44267T102
SMBC	SOUTHERN MO BANCORP INC	35,810	$1.912M	0.1%	$53.39 *	$37.40	+14.2%	COM	843380106
MRK	MERCK & CO INC	17,007	$1.854M	0.1%	$109.02 *	$74.40	+30.1%	COM	58933Y105
AER	AERCAP HOLDINGS NV	18,000	$1.338M	0.0%	$74.32 *	$59.03	+10.1%	SHS	N00985106
—	HESS CORP	7,273	$1.048M	0.0%	$144.16	$144.16	—	COM	42809H107
SCHZ	SCHWAB STRATEGIC TR	20,232	$943K	0.0%	$46.62	$52.15	—	US AGGREGATE B	808524839
VTI	VANGUARD INDEX FDS	3,642	$864K	0.0%	$237.22	$186.03	—	TOTAL STK MKT	922908769
—	NATIONAL WESTN LIFE GROUP IN	1,681	$812K	0.0%	$483.02	$483.02	—	CL A	638517102
FND	FLOOR & DECOR HLDGS INC	6,967	$777K	0.0%	$111.56 *	$100.56	-8.4%	CL A	339750101
VTV	VANGUARD INDEX FDS	4,116	$615K	0.0%	$149.51	$107.51	—	VALUE ETF	922908744
CRK	COMSTOCK RES INC	32,738	$290K	0.0%	$8.85 *	$6.45	+66.1%	COM	205768302
SLDP	SOLID POWER INC	85,000	$123K	0.0%	$1.45	$7.81	-80.8%	CLASS A COM	83422N105
EARN	ELLINGTON RESIDENTIAL MTG RE	12,527	$76,791	0.0%	$6.13	$7.30	—	COM SHS BEN INT	288578107
NINEQ	NINE ENERGY SERVICE INC	15,000	$40,200	0.0%	$2.68 *	$8.17	-64.6%	COM	65441V101