ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2013 (← Previous) (Next →)

Filing Date: Feb 18, 2014

Total Value: $496M (100.0% shares, 0.0% debt)

Holdings (20)

JPM J P Morgan Chase & Co. 10.7%

Value $53.19M Shares 909,533 Share Price $58.48 * Est. Cost/Share $36.84 Unrealized @ Report Date +7.6%

HUM Humana Inc 10.5%

Value $52.11M Shares 504,826 Share Price $103.22 * Est. Cost/Share $74.33 Unrealized @ Report Date +19.5%

MSFT Microsoft 10.4%

Value $51.8M Shares 1,384,572 Share Price $37.41 * Est. Cost/Share $27.02 Unrealized @ Report Date +11.1%

INTC Intel Corporation 10.1%

Value $49.99M Shares 1,926,015 Share Price $25.96 * Est. Cost/Share $17.21 Unrealized @ Report Date +4.1%

MRK Merck & Co Inc 10.0%

Value $49.46M Shares 988,168 Share Price $50.05 * Est. Cost/Share $30.31 Unrealized @ Report Date +3.2%

SYY Sysco Corporation 9.7%

Value $48.2M Shares 1,335,030 Share Price $36.10 * Est. Cost/Share $24.39 Unrealized @ Report Date -0.1%

JNJ Johnson & Johnson 9.1%

Value $45.08M Shares 492,184 Share Price $91.59 * Est. Cost/Share $60.36 Unrealized @ Report Date +8.9%

— Vodafone Group PlC NEW 7.8%

Value $38.67M Shares 983,653 Share Price $39.31 Est. Cost/Share $28.75 Unrealized @ Report Date —

BRK/B Berkshire Hathaway Inc 5.8%

Value $28.93M Shares 244,005 Share Price $118.56 * Est. Cost/Share $110.23 Unrealized @ Report Date +4.9%

WMT Wal-Mart Stores Inc 5.5%

Value $27.32M Shares 347,170 Share Price $78.69 * Est. Cost/Share $20.13 Unrealized @ Report Date +1.1%

LMT Lockheed Martin 5.2%

Value $25.97M Shares 174,686 Share Price $148.66 * Est. Cost/Share $72.60 Unrealized @ Report Date +33.8%

ITW Illinois Tool Works Inc 4.3%

Value $21.32M Shares 253,525 Share Price $84.08 * Est. Cost/Share $50.40 Unrealized @ Report Date +17.9%

VTI Vanguard Stock Index 0.2%

Value $940K Shares 9,797 Share Price $95.95 Est. Cost/Share $82.66 Unrealized @ Report Date —

— J P Morgan Chase & Co. 0.2%

Value $814K Shares 42,000 Share Price $19.38 Est. Cost/Share $15.60 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.1%

Value $607K Shares 7,588 Share Price $79.99 Est. Cost/Share $80.13 Unrealized @ Report Date —

— Berkshire Hathaway Inc 0.1%

Value $356K Shares 2 Share Price $178000.00 Est. Cost/Share $168500.00 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.1%

Value $283K Shares 8,500 Share Price $33.29 * Est. Cost/Share $12.57 Unrealized @ Report Date 0.0%

PG Proctor & Gamble 0.1%

Value $259K Shares 3,183 Share Price $81.37 * Est. Cost/Share $55.00 Unrealized @ Report Date +5.5%

— Resolute Forest Products 0.0%

Value $224K Shares 14,000 Share Price $16.00 Est. Cost/Share $13.14 Unrealized @ Report Date —

KINS Kingstone Companies Inc 0.0%

Value $182K Shares 25,000 Share Price $7.28 * Est. Cost/Share $4.55 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JPM	J P Morgan Chase & Co.	909,533	$53.19M	10.7%	$58.48 *	$36.84	+7.6%	COM	46625H100
HUM	Humana Inc	504,826	$52.11M	10.5%	$103.22 *	$74.33	+19.5%	COM	444859102
MSFT	Microsoft	1,384,572	$51.8M	10.4%	$37.41 *	$27.02	+11.1%	COM	594918104
INTC	Intel Corporation	1,926,015	$49.99M	10.1%	$25.96 *	$17.21	+4.1%	COM	458140100
MRK	Merck & Co Inc	988,168	$49.46M	10.0%	$50.05 *	$30.31	+3.2%	COM	58933Y105
SYY	Sysco Corporation	1,335,030	$48.2M	9.7%	$36.10 *	$24.39	-0.1%	COM	871829107
JNJ	Johnson & Johnson	492,184	$45.08M	9.1%	$91.59 *	$60.36	+8.9%	COM	478160104
—	Vodafone Group PlC NEW	983,653	$38.67M	7.8%	$39.31	$28.75	—	SPONS ADR NEW	92857W209
BRK/B	Berkshire Hathaway Inc	244,005	$28.93M	5.8%	$118.56 *	$110.23	+4.9%	CL B New	084670702
WMT	Wal-Mart Stores Inc	347,170	$27.32M	5.5%	$78.69 *	$20.13	+1.1%	COM	931142103
LMT	Lockheed Martin	174,686	$25.97M	5.2%	$148.66 *	$72.60	+33.8%	COM	539830109
ITW	Illinois Tool Works Inc	253,525	$21.32M	4.3%	$84.08 *	$50.40	+17.9%	COM	452308109
VTI	Vanguard Stock Index	9,797	$940K	0.2%	$95.95	$82.66	—	TOT STK MKT	922908769
—	J P Morgan Chase & Co.	42,000	$814K	0.2%	$19.38	$15.60	—	*W EXP 10/28/2018	46634E114
BSV	Vanguard Bond Index Fund	7,588	$607K	0.1%	$79.99	$80.13	—	SHORT TRM BOND	921937827
—	Berkshire Hathaway Inc	2	$356K	0.1%	$178000.00	$168500.00	—	COM	084990175
SMBC	Southern Missouri Bancorp	8,500	$283K	0.1%	$33.29 *	$12.57	0.0%	COM	843380106
PG	Proctor & Gamble	3,183	$259K	0.1%	$81.37 *	$55.00	+5.5%	COM	742718109
—	Resolute Forest Products	14,000	$224K	0.0%	$16.00	$13.14	—	COM	76117W109
KINS	Kingstone Companies Inc	25,000	$182K	0.0%	$7.28 *	$4.55	0.0%	COM	496719105