ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 6, 2024

Total Value: $3.298B (100.0% shares, 0.0% debt)

Holdings (39)

GBIL GOLDMAN SACHS ETF TR 15.3%

Value $503M Shares 4,984,835 Share Price $100.89 Est. Cost/Share $100.15 Unrealized @ Report Date —

C CITIGROUP INC 8.9%

Value $295M Shares 4,656,970 Share Price $63.24 * Est. Cost/Share $43.77 Unrealized @ Report Date +20.0%

GM GENERAL MTRS CO 8.7%

Value $287M Shares 6,337,547 Share Price $45.35 * Est. Cost/Share $31.70 Unrealized @ Report Date +19.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 7.6%

Value $252M Shares 598,662 Share Price $420.52 * Est. Cost/Share $313.56 Unrealized @ Report Date +25.4%

MGA MAGNA INTL INC 6.6%

Value $217M Shares 3,986,843 Share Price $54.48 * Est. Cost/Share $49.55 Unrealized @ Report Date +3.3%

JPM JPMORGAN CHASE & CO 6.2%

Value $204M Shares 1,017,609 Share Price $200.30 * Est. Cost/Share $134.06 Unrealized @ Report Date +29.5%

MSFT MICROSOFT CORP 5.9%

Value $194M Shares 462,298 Share Price $420.72 * Est. Cost/Share $310.72 Unrealized @ Report Date +28.5%

LEN LENNAR CORP 5.9%

Value $194M Shares 1,130,775 Share Price $171.98 * Est. Cost/Share $107.80 Unrealized @ Report Date +35.7%

VOD VODAFONE GROUP PLC NEW 5.8%

Value $192M Shares 21,608,956 Share Price $8.90 Est. Cost/Share $10.13 Unrealized @ Report Date —

CVX CHEVRON CORP NEW 5.7%

Value $187M Shares 1,186,600 Share Price $157.74 * Est. Cost/Share $131.15 Unrealized @ Report Date +6.0%

JNJ JOHNSON & JOHNSON 5.4%

Value $178M Shares 1,122,972 Share Price $158.19 * Est. Cost/Share $135.86 Unrealized @ Report Date +10.6%

THO THOR INDS INC 5.2%

Value $172M Shares 1,461,587 Share Price $117.34 * Est. Cost/Share $92.00 Unrealized @ Report Date +19.4%

FDX FEDEX CORP 4.7%

Value $154M Shares 530,833 Share Price $289.74 * Est. Cost/Share $234.83 Unrealized @ Report Date +2.1%

LBTYK LIBERTY GLOBAL LTD 4.4%

Value $144M Shares 8,171,390 Share Price $17.64 * Est. Cost/Share $9.07 Unrealized @ Report Date +11.1%

LBTYA LIBERTY GLOBAL LTD 1.4%

Value $46.43M Shares 2,744,184 Share Price $16.92 * Est. Cost/Share $9.18 Unrealized @ Report Date +2.4%

DELL DELL TECHNOLOGIES INC 0.3%

Value $11.12M Shares 97,463 Share Price $114.11 * Est. Cost/Share $53.05 Unrealized @ Report Date +70.7%

JEF JEFFERIES FINL GROUP INC 0.3%

Value $10.47M Shares 237,381 Share Price $44.10 * Est. Cost/Share $28.54 Unrealized @ Report Date +38.1%

BCS BARCLAYS PLC 0.3%

Value $10.11M Shares 1,069,922 Share Price $9.45 Est. Cost/Share $7.67 Unrealized @ Report Date —

LEN/B LENNAR CORP 0.3%

Value $9.507M Shares 61,660 Share Price $154.18 * Est. Cost/Share $89.41 Unrealized @ Report Date +46.3%

IAC IAC INC 0.1%

Value $3.923M Shares 73,548 Share Price $53.34 * Est. Cost/Share $50.17 Unrealized @ Report Date -13.9%

MGM MGM RESORTS INTERNATIONAL 0.1%

Value $3.922M Shares 83,083 Share Price $47.21 * Est. Cost/Share $43.73 Unrealized @ Report Date 0.0%

RPV INVESCO EXCHANGE TRADED FD T 0.1%

Value $3.604M Shares 40,755 Share Price $88.44 Est. Cost/Share $81.57 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 0.1%

Value $3.409M Shares 487,763 Share Price $6.99 * Est. Cost/Share $7.49 Unrealized @ Report Date -9.1%

BSV VANGUARD BD INDEX FDS 0.1%

Value $3.4M Shares 44,350 Share Price $76.67 Est. Cost/Share $79.52 Unrealized @ Report Date —

NRDY NERDY INC 0.1%

Value $2.771M Shares 952,062 Share Price $2.91 * Est. Cost/Share $3.24 Unrealized @ Report Date -4.9%

FPH FIVE POINT HOLDINGS LLC 0.1%

Value $2.592M Shares 828,123 Share Price $3.13 Est. Cost/Share $4.10 Unrealized @ Report Date -23.0%

MRK MERCK & CO INC 0.1%

Value $2.34M Shares 17,733 Share Price $131.95 * Est. Cost/Share $76.10 Unrealized @ Report Date +52.1%

SMBC SOUTHERN MO BANCORP INC 0.1%

Value $2.13M Shares 48,735 Share Price $43.71 Est. Cost/Share $39.00 Unrealized @ Report Date +11.3%

HHH HOWARD HUGHES HOLDINGS INC 0.1%

Value $1.996M Shares 27,479 Share Price $72.62 * Est. Cost/Share $73.15 Unrealized @ Report Date +1.5%

— HESS CORP 0.1%

Value $1.762M Shares 11,546 Share Price $152.64 Est. Cost/Share $147.30 Unrealized @ Report Date —

SCHZ SCHWAB STRATEGIC TR 0.0%

Value $1.093M Shares 23,764 Share Price $46.00 Est. Cost/Share $51.24 Unrealized @ Report Date —

— NATIONAL WESTN LIFE GROUP IN 0.0%

Value $1.052M Shares 2,138 Share Price $491.96 Est. Cost/Share $484.93 Unrealized @ Report Date —

VTI VANGUARD INDEX FDS 0.0%

Value $1.006M Shares 3,871 Share Price $259.87 Est. Cost/Share $190.40 Unrealized @ Report Date —

VTV VANGUARD INDEX FDS 0.0%

Value $666K Shares 4,089 Share Price $162.86 Est. Cost/Share $107.51 Unrealized @ Report Date —

FND FLOOR & DECOR HLDGS INC 0.0%

Value $527K Shares 4,069 Share Price $129.62 * Est. Cost/Share $100.56 Unrealized @ Report Date +12.9%

CRK COMSTOCK RES INC 0.0%

Value $304K Shares 32,738 Share Price $9.28 * Est. Cost/Share $6.45 Unrealized @ Report Date +27.4%

SLDP SOLID POWER INC 0.0%

Value $173K Shares 85,000 Share Price $2.03 * Est. Cost/Share $7.81 Unrealized @ Report Date -80.5%

EARN ELLINGTON RESIDENTIAL MTG RE 0.0%

Value $86,562 Shares 12,527 Share Price $6.91 Est. Cost/Share $7.30 Unrealized @ Report Date —

NINEQ NINE ENERGY SERVICE INC 0.0%

Value $33,600 Shares 15,000 Share Price $2.24 * Est. Cost/Share $8.17 Unrealized @ Report Date -71.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	4,984,835	$503M	15.3%	$100.89	$100.15	—	ACCES TREASURY	381430529
C	CITIGROUP INC	4,656,970	$295M	8.9%	$63.24 *	$43.77	+20.0%	COM NEW	172967424
GM	GENERAL MTRS CO	6,337,547	$287M	8.7%	$45.35 *	$31.70	+19.9%	COM	37045V100
BRK/B	BERKSHIRE HATHAWAY INC DEL	598,662	$252M	7.6%	$420.52 *	$313.56	+25.4%	CL B NEW	084670702
MGA	MAGNA INTL INC	3,986,843	$217M	6.6%	$54.48 *	$49.55	+3.3%	COM	559222401
JPM	JPMORGAN CHASE & CO	1,017,609	$204M	6.2%	$200.30 *	$134.06	+29.5%	COM	46625H100
MSFT	MICROSOFT CORP	462,298	$194M	5.9%	$420.72 *	$310.72	+28.5%	COM	594918104
LEN	LENNAR CORP	1,130,775	$194M	5.9%	$171.98 *	$107.80	+35.7%	CL A	526057104
VOD	VODAFONE GROUP PLC NEW	21,608,956	$192M	5.8%	$8.90	$10.13	—	SPONSORED ADR	92857W308
CVX	CHEVRON CORP NEW	1,186,600	$187M	5.7%	$157.74 *	$131.15	+6.0%	COM	166764100
JNJ	JOHNSON & JOHNSON	1,122,972	$178M	5.4%	$158.19 *	$135.86	+10.6%	COM	478160104
THO	THOR INDS INC	1,461,587	$172M	5.2%	$117.34 *	$92.00	+19.4%	COM	885160101
FDX	FEDEX CORP	530,833	$154M	4.7%	$289.74 *	$234.83	+2.1%	COM	31428X106
LBTYK	LIBERTY GLOBAL LTD	8,171,390	$144M	4.4%	$17.64 *	$9.07	+11.1%	COM CL C	G61188127
LBTYA	LIBERTY GLOBAL LTD	2,744,184	$46.43M	1.4%	$16.92 *	$9.18	+2.4%	COM CL A	G61188101
DELL	DELL TECHNOLOGIES INC	97,463	$11.12M	0.3%	$114.11 *	$53.05	+70.7%	CL C	24703L202
JEF	JEFFERIES FINL GROUP INC	237,381	$10.47M	0.3%	$44.10 *	$28.54	+38.1%	COM	47233W109
BCS	BARCLAYS PLC	1,069,922	$10.11M	0.3%	$9.45	$7.67	—	ADR	06738E204
LEN/B	LENNAR CORP	61,660	$9.507M	0.3%	$154.18 *	$89.41	+46.3%	CL B	526057302
IAC	IAC INC	73,548	$3.923M	0.1%	$53.34 *	$50.17	-13.9%	COM NEW	44891N208
MGM	MGM RESORTS INTERNATIONAL	83,083	$3.922M	0.1%	$47.21 *	$43.73	0.0%	COM	552953101
RPV	INVESCO EXCHANGE TRADED FD T	40,755	$3.604M	0.1%	$88.44	$81.57	—	S&P500 PUR VAL	46137V258
LILAK	LIBERTY LATIN AMERICA LTD	487,763	$3.409M	0.1%	$6.99 *	$7.49	-9.1%	COM CL C	G9001E128
BSV	VANGUARD BD INDEX FDS	44,350	$3.4M	0.1%	$76.67	$79.52	—	SHORT TRM BOND	921937827
NRDY	NERDY INC	952,062	$2.771M	0.1%	$2.91 *	$3.24	-4.9%	CL A COM	64081V109
FPH	FIVE POINT HOLDINGS LLC	828,123	$2.592M	0.1%	$3.13	$4.10	-23.0%	COM CL A	33833Q106
MRK	MERCK & CO INC	17,733	$2.34M	0.1%	$131.95 *	$76.10	+52.1%	COM	58933Y105
SMBC	SOUTHERN MO BANCORP INC	48,735	$2.13M	0.1%	$43.71	$39.00	+11.3%	COM	843380106
HHH	HOWARD HUGHES HOLDINGS INC	27,479	$1.996M	0.1%	$72.62 *	$73.15	+1.5%	COM	44267T102
—	HESS CORP	11,546	$1.762M	0.1%	$152.64	$147.30	—	COM	42809H107
SCHZ	SCHWAB STRATEGIC TR	23,764	$1.093M	0.0%	$46.00	$51.24	—	US AGGREGATE B	808524839
—	NATIONAL WESTN LIFE GROUP IN	2,138	$1.052M	0.0%	$491.96	$484.93	—	CL A	638517102
VTI	VANGUARD INDEX FDS	3,871	$1.006M	0.0%	$259.87	$190.40	—	TOTAL STK MKT	922908769
VTV	VANGUARD INDEX FDS	4,089	$666K	0.0%	$162.86	$107.51	—	VALUE ETF	922908744
FND	FLOOR & DECOR HLDGS INC	4,069	$527K	0.0%	$129.62 *	$100.56	+12.9%	CL A	339750101
CRK	COMSTOCK RES INC	32,738	$304K	0.0%	$9.28 *	$6.45	+27.4%	COM	205768302
SLDP	SOLID POWER INC	85,000	$173K	0.0%	$2.03 *	$7.81	-80.5%	CLASS A COM	83422N105
EARN	ELLINGTON RESIDENTIAL MTG RE	12,527	$86,562	0.0%	$6.91	$7.30	—	COM SHS BEN INT	288578107
NINEQ	NINE ENERGY SERVICE INC	15,000	$33,600	0.0%	$2.24 *	$8.17	-71.9%	COM	65441V101