ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 12, 2015

Total Value: $761M (100.0% shares, 0.0% debt)

Holdings (20)

HUM Humana Inc 11.9%

Value $90.76M Shares 631,885 Share Price $143.63 * Est. Cost/Share $81.39 Unrealized @ Report Date +53.6%

MSFT Microsoft 10.6%

Value $80.37M Shares 1,730,300 Share Price $46.45 * Est. Cost/Share $28.66 Unrealized @ Report Date +39.1%

JNJ Johnson & Johnson 9.9%

Value $75.51M Shares 722,068 Share Price $104.57 * Est. Cost/Share $63.75 Unrealized @ Report Date +21.3%

JPM J P Morgan Chase & Co. 9.4%

Value $71.61M Shares 1,144,246 Share Price $62.58 * Est. Cost/Share $38.01 Unrealized @ Report Date +17.6%

SYY Sysco Corporation 9.0%

Value $68.33M Shares 1,721,629 Share Price $39.69 * Est. Cost/Share $25.00 Unrealized @ Report Date +15.4%

— Vodafone Group PlC NEW 8.9%

Value $67.79M Shares 1,983,849 Share Price $34.17 Est. Cost/Share $31.38 Unrealized @ Report Date —

MRK Merck & Co Inc 8.6%

Value $65.55M Shares 1,154,184 Share Price $56.79 * Est. Cost/Share $31.62 Unrealized @ Report Date +24.5%

— Express Scripts Hldg Co 8.1%

Value $61.35M Shares 724,636 Share Price $84.67 Est. Cost/Share $74.19 Unrealized @ Report Date —

WMT Wal-Mart Stores Inc 7.2%

Value $54.85M Shares 638,733 Share Price $85.88 * Est. Cost/Share $20.14 Unrealized @ Report Date +8.4%

— Resolute Forest Products 5.8%

Value $43.85M Shares 2,490,357 Share Price $17.61 Est. Cost/Share $17.85 Unrealized @ Report Date —

INTC Intel Corporation 5.1%

Value $39.07M Shares 1,076,571 Share Price $36.29 * Est. Cost/Share $18.03 Unrealized @ Report Date +47.7%

BRK/B Berkshire Hathaway Inc 5.1%

Value $38.62M Shares 257,199 Share Price $150.15 * Est. Cost/Share $111.45 Unrealized @ Report Date +29.5%

VTI Vanguard Stock Index 0.1%

Value $1.044M Shares 9,848 Share Price $106.01 Est. Cost/Share $82.66 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.1%

Value $876K Shares 10,952 Share Price $79.99 Est. Cost/Share $80.11 Unrealized @ Report Date —

— Berkshire Hathaway Inc 0.1%

Value $452K Shares 2 Share Price $226000.00 Est. Cost/Share $168500.00 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.0%

Value $365K Shares 9,619 Share Price $37.95 * Est. Cost/Share $12.90 Unrealized @ Report Date +19.2%

PG Proctor & Gamble 0.0%

Value $301K Shares 3,308 Share Price $90.99 * Est. Cost/Share $55.55 Unrealized @ Report Date +16.3%

KINS Kingstone Companies Inc 0.0%

Value $224K Shares 27,442 Share Price $8.16 * Est. Cost/Share $4.73 Unrealized @ Report Date +38.4%

— J P Morgan Chase & Co. 0.0%

Value $83,000 Shares 4,000 Share Price $20.75 Est. Cost/Share $15.60 Unrealized @ Report Date —

MET Metlife Inc 0.0%

Value $7,000 Shares 137 Share Price $51.09 * Est. Cost/Share $31.07 Unrealized @ Report Date +5.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HUM	Humana Inc	631,885	$90.76M	11.9%	$143.63 *	$81.39	+53.6%	COM	444859102
MSFT	Microsoft	1,730,300	$80.37M	10.6%	$46.45 *	$28.66	+39.1%	COM	594918104
JNJ	Johnson & Johnson	722,068	$75.51M	9.9%	$104.57 *	$63.75	+21.3%	COM	478160104
JPM	J P Morgan Chase & Co.	1,144,246	$71.61M	9.4%	$62.58 *	$38.01	+17.6%	COM	46625H100
SYY	Sysco Corporation	1,721,629	$68.33M	9.0%	$39.69 *	$25.00	+15.4%	COM	871829107
—	Vodafone Group PlC NEW	1,983,849	$67.79M	8.9%	$34.17	$31.38	—	SPONS ADR NEW	92857W209
MRK	Merck & Co Inc	1,154,184	$65.55M	8.6%	$56.79 *	$31.62	+24.5%	COM	58933Y105
—	Express Scripts Hldg Co	724,636	$61.35M	8.1%	$84.67	$74.19	—	COM	30219G108
WMT	Wal-Mart Stores Inc	638,733	$54.85M	7.2%	$85.88 *	$20.14	+8.4%	COM	931142103
—	Resolute Forest Products	2,490,357	$43.85M	5.8%	$17.61	$17.85	—	COM	76117W109
INTC	Intel Corporation	1,076,571	$39.07M	5.1%	$36.29 *	$18.03	+47.7%	COM	458140100
BRK/B	Berkshire Hathaway Inc	257,199	$38.62M	5.1%	$150.15 *	$111.45	+29.5%	CL B New	084670702
VTI	Vanguard Stock Index	9,848	$1.044M	0.1%	$106.01	$82.66	—	TOT STK MKT	922908769
BSV	Vanguard Bond Index Fund	10,952	$876K	0.1%	$79.99	$80.11	—	SHORT TRM BOND	921937827
—	Berkshire Hathaway Inc	2	$452K	0.1%	$226000.00	$168500.00	—	COM	084990175
SMBC	Southern Missouri Bancorp	9,619	$365K	0.0%	$37.95 *	$12.90	+19.2%	COM	843380106
PG	Proctor & Gamble	3,308	$301K	0.0%	$90.99 *	$55.55	+16.3%	COM	742718109
KINS	Kingstone Companies Inc	27,442	$224K	0.0%	$8.16 *	$4.73	+38.4%	COM	496719105
—	J P Morgan Chase & Co.	4,000	$83,000	0.0%	$20.75	$15.60	—	*W EXP 10/28/2018	46634E114
MET	Metlife Inc	137	$7,000	0.0%	$51.09 *	$31.07	+5.5%	COM	59156R108