ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 13, 2015

Total Value: $823M (100.0% shares, 0.0% debt)

Holdings (21)

JPM J P Morgan Chase & Co. 10.5%

Value $86.26M Shares 1,423,868 Share Price $60.58 * Est. Cost/Share $39.24 Unrealized @ Report Date +12.8%

MSFT Microsoft 10.3%

Value $84.89M Shares 2,087,924 Share Price $40.66 * Est. Cost/Share $30.13 Unrealized @ Report Date +23.6%

JNJ Johnson & Johnson 10.3%

Value $84.58M Shares 840,753 Share Price $100.60 * Est. Cost/Share $65.35 Unrealized @ Report Date +14.9%

— Vodafone Group PlC NEW 9.6%

Value $79.41M Shares 2,429,944 Share Price $32.68 Est. Cost/Share $31.62 Unrealized @ Report Date —

INTC Intel Corporation 9.1%

Value $74.69M Shares 2,388,429 Share Price $31.27 * Est. Cost/Share $22.41 Unrealized @ Report Date +16.0%

HUM Humana Inc 8.3%

Value $68.29M Shares 383,629 Share Price $178.02 * Est. Cost/Share $81.39 Unrealized @ Report Date +78.3%

SYY Sysco Corporation 8.3%

Value $68.16M Shares 1,806,389 Share Price $37.73 * Est. Cost/Share $25.22 Unrealized @ Report Date +17.2%

— Express Scripts Hldg Co 8.2%

Value $67.15M Shares 773,936 Share Price $86.77 Est. Cost/Share $74.99 Unrealized @ Report Date —

MRK Merck & Co Inc 8.0%

Value $66.21M Shares 1,151,953 Share Price $57.48 * Est. Cost/Share $31.62 Unrealized @ Report Date +27.5%

WMT Wal-Mart Stores Inc 6.3%

Value $51.71M Shares 628,693 Share Price $82.25 * Est. Cost/Share $20.14 Unrealized @ Report Date +14.4%

— Resolute Forest Products 6.1%

Value $49.81M Shares 2,887,705 Share Price $17.25 Est. Cost/Share $17.77 Unrealized @ Report Date —

BRK/B Berkshire Hathaway Inc 4.5%

Value $37.17M Shares 257,554 Share Price $144.32 Est. Cost/Share $111.45 Unrealized @ Report Date +32.0%

VTI Vanguard Stock Index 0.1%

Value $1.105M Shares 10,302 Share Price $107.26 Est. Cost/Share $83.75 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.1%

Value $1.081M Shares 13,421 Share Price $80.55 Est. Cost/Share $80.19 Unrealized @ Report Date —

SCHZ Schwab Strategic Tr 0.1%

Value $614K Shares 11,612 Share Price $52.88 Est. Cost/Share $52.88 Unrealized @ Report Date —

— Berkshire Hathaway Inc 0.1%

Value $435K Shares 2 Share Price $217500.00 Est. Cost/Share $168500.00 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.1%

Value $413K Shares 21,900 Share Price $18.86 * Est. Cost/Share $14.42 Unrealized @ Report Date +8.3%

— Liberty Global Plc 0.0%

Value $376K Shares 7,550 Share Price $49.80 Est. Cost/Share $49.80 Unrealized @ Report Date —

KINS Kingstone Companies Inc 0.0%

Value $334K Shares 44,361 Share Price $7.53 * Est. Cost/Share $5.32 Unrealized @ Report Date +18.1%

PG Proctor & Gamble 0.0%

Value $256K Shares 3,119 Share Price $82.08 * Est. Cost/Share $55.55 Unrealized @ Report Date +14.5%

— J P Morgan Chase & Co. 0.0%

Value $88,000 Shares 4,000 Share Price $22.00 Est. Cost/Share $15.60 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JPM	J P Morgan Chase & Co.	1,423,868	$86.26M	10.5%	$60.58 *	$39.24	+12.8%	COM	46625H100
MSFT	Microsoft	2,087,924	$84.89M	10.3%	$40.66 *	$30.13	+23.6%	COM	594918104
JNJ	Johnson & Johnson	840,753	$84.58M	10.3%	$100.60 *	$65.35	+14.9%	COM	478160104
—	Vodafone Group PlC NEW	2,429,944	$79.41M	9.6%	$32.68	$31.62	—	SPONS ADR NEW	92857W209
INTC	Intel Corporation	2,388,429	$74.69M	9.1%	$31.27 *	$22.41	+16.0%	COM	458140100
HUM	Humana Inc	383,629	$68.29M	8.3%	$178.02 *	$81.39	+78.3%	COM	444859102
SYY	Sysco Corporation	1,806,389	$68.16M	8.3%	$37.73 *	$25.22	+17.2%	COM	871829107
—	Express Scripts Hldg Co	773,936	$67.15M	8.2%	$86.77	$74.99	—	COM	30219G108
MRK	Merck & Co Inc	1,151,953	$66.21M	8.0%	$57.48 *	$31.62	+27.5%	COM	58933Y105
WMT	Wal-Mart Stores Inc	628,693	$51.71M	6.3%	$82.25 *	$20.14	+14.4%	COM	931142103
—	Resolute Forest Products	2,887,705	$49.81M	6.1%	$17.25	$17.77	—	COM	76117W109
BRK/B	Berkshire Hathaway Inc	257,554	$37.17M	4.5%	$144.32	$111.45	+32.0%	CL B New	084670702
VTI	Vanguard Stock Index	10,302	$1.105M	0.1%	$107.26	$83.75	—	TOT STK MKT	922908769
BSV	Vanguard Bond Index Fund	13,421	$1.081M	0.1%	$80.55	$80.19	—	SHORT TRM BOND	921937827
SCHZ	Schwab Strategic Tr	11,612	$614K	0.1%	$52.88	$52.88	—	US AGGREGATE B	808524839
—	Berkshire Hathaway Inc	2	$435K	0.1%	$217500.00	$168500.00	—	COM	084990175
SMBC	Southern Missouri Bancorp	21,900	$413K	0.1%	$18.86 *	$14.42	+8.3%	COM	843380106
—	Liberty Global Plc	7,550	$376K	0.0%	$49.80	$49.80	—	SHS CL C	G5480U120
KINS	Kingstone Companies Inc	44,361	$334K	0.0%	$7.53 *	$5.32	+18.1%	COM	496719105
PG	Proctor & Gamble	3,119	$256K	0.0%	$82.08 *	$55.55	+14.5%	COM	742718109
—	J P Morgan Chase & Co.	4,000	$88,000	0.0%	$22.00	$15.60	—	*W EXP 10/28/2018	46634E114