ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 12, 2015

Total Value: $801M (100.0% shares, 0.0% debt)

Holdings (22)

JPM J P Morgan Chase & Co. 12.1%

Value $97.28M Shares 1,435,696 Share Price $67.76 * Est. Cost/Share $39.24 Unrealized @ Report Date +25.2%

MSFT Microsoft 12.1%

Value $96.61M Shares 2,188,107 Share Price $44.15 * Est. Cost/Share $30.55 Unrealized @ Report Date +28.6%

— Vodafone Group PlC NEW 11.6%

Value $92.57M Shares 2,539,750 Share Price $36.45 Est. Cost/Share $31.83 Unrealized @ Report Date —

JNJ Johnson & Johnson 11.0%

Value $87.97M Shares 902,653 Share Price $97.46 * Est. Cost/Share $65.98 Unrealized @ Report Date +12.9%

INTC Intel Corporation 10.2%

Value $81.83M Shares 2,690,340 Share Price $30.42 * Est. Cost/Share $22.71 Unrealized @ Report Date +10.5%

— Express Scripts Hldg Co 9.7%

Value $77.82M Shares 874,985 Share Price $88.94 Est. Cost/Share $76.60 Unrealized @ Report Date —

SYY Sysco Corporation 8.7%

Value $69.81M Shares 1,933,722 Share Price $36.10 * Est. Cost/Share $25.42 Unrealized @ Report Date +11.2%

MRK Merck & Co Inc 8.1%

Value $64.95M Shares 1,140,929 Share Price $56.93 * Est. Cost/Share $31.62 Unrealized @ Report Date +27.3%

WMT Wal-Mart Stores Inc 7.0%

Value $55.72M Shares 785,491 Share Price $70.93 * Est. Cost/Share $20.29 Unrealized @ Report Date +2.9%

— Resolute Forest Products 4.5%

Value $35.66M Shares 3,169,596 Share Price $11.25 Est. Cost/Share $17.19 Unrealized @ Report Date —

BRK/B Berkshire Hathaway Inc 4.4%

Value $35.52M Shares 260,937 Share Price $136.11 * Est. Cost/Share $111.85 Unrealized @ Report Date +27.5%

BSV Vanguard Bond Index Fund 0.2%

Value $1.231M Shares 15,354 Share Price $80.17 Est. Cost/Share $80.19 Unrealized @ Report Date —

VTI Vanguard Stock Index 0.1%

Value $1.119M Shares 10,452 Share Price $107.06 Est. Cost/Share $84.08 Unrealized @ Report Date —

SCHZ Schwab Strategic Tr 0.1%

Value $674K Shares 13,037 Share Price $51.70 Est. Cost/Share $52.75 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.1%

Value $432K Shares 22,900 Share Price $18.86 * Est. Cost/Share $14.48 Unrealized @ Report Date +9.6%

— Berkshire Hathaway Inc 0.1%

Value $410K Shares 2 Share Price $205000.00 Est. Cost/Share $168500.00 Unrealized @ Report Date —

— Liberty Global Plc 0.0%

Value $382K Shares 7,550 Share Price $50.60 Est. Cost/Share $49.80 Unrealized @ Report Date —

KINS Kingstone Companies Inc 0.0%

Value $368K Shares 48,387 Share Price $7.61 * Est. Cost/Share $5.38 Unrealized @ Report Date +13.2%

PG Proctor & Gamble 0.0%

Value $239K Shares 3,056 Share Price $78.21 * Est. Cost/Share $55.55 Unrealized @ Report Date +7.9%

MBI MBIA Inc 0.0%

Value $175K Shares 29,100 Share Price $6.01 * Est. Cost/Share $3.94 Unrealized @ Report Date 0.0%

— J P Morgan Chase & Co. 0.0%

Value $99,000 Shares 4,000 Share Price $24.75 Est. Cost/Share $15.60 Unrealized @ Report Date —

HUM Humana Inc 0.0%

Value $80,000 Shares 418 Share Price $191.39 * Est. Cost/Share $81.39 Unrealized @ Report Date +109.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JPM	J P Morgan Chase & Co.	1,435,696	$97.28M	12.1%	$67.76 *	$39.24	+25.2%	COM	46625H100
MSFT	Microsoft	2,188,107	$96.61M	12.1%	$44.15 *	$30.55	+28.6%	COM	594918104
—	Vodafone Group PlC NEW	2,539,750	$92.57M	11.6%	$36.45	$31.83	—	SPONS ADR NEW	92857W209
JNJ	Johnson & Johnson	902,653	$87.97M	11.0%	$97.46 *	$65.98	+12.9%	COM	478160104
INTC	Intel Corporation	2,690,340	$81.83M	10.2%	$30.42 *	$22.71	+10.5%	COM	458140100
—	Express Scripts Hldg Co	874,985	$77.82M	9.7%	$88.94	$76.60	—	COM	30219G108
SYY	Sysco Corporation	1,933,722	$69.81M	8.7%	$36.10 *	$25.42	+11.2%	COM	871829107
MRK	Merck & Co Inc	1,140,929	$64.95M	8.1%	$56.93 *	$31.62	+27.3%	COM	58933Y105
WMT	Wal-Mart Stores Inc	785,491	$55.72M	7.0%	$70.93 *	$20.29	+2.9%	COM	931142103
—	Resolute Forest Products	3,169,596	$35.66M	4.5%	$11.25	$17.19	—	COM	76117W109
BRK/B	Berkshire Hathaway Inc	260,937	$35.52M	4.4%	$136.11 *	$111.85	+27.5%	CL B New	084670702
BSV	Vanguard Bond Index Fund	15,354	$1.231M	0.2%	$80.17	$80.19	—	SHORT TRM BOND	921937827
VTI	Vanguard Stock Index	10,452	$1.119M	0.1%	$107.06	$84.08	—	TOT STK MKT	922908769
SCHZ	Schwab Strategic Tr	13,037	$674K	0.1%	$51.70	$52.75	—	US AGGREGATE B	808524839
SMBC	Southern Missouri Bancorp	22,900	$432K	0.1%	$18.86 *	$14.48	+9.6%	COM	843380106
—	Berkshire Hathaway Inc	2	$410K	0.1%	$205000.00	$168500.00	—	COM	084990175
—	Liberty Global Plc	7,550	$382K	0.0%	$50.60	$49.80	—	SHS CL C	G5480U120
KINS	Kingstone Companies Inc	48,387	$368K	0.0%	$7.61 *	$5.38	+13.2%	COM	496719105
PG	Proctor & Gamble	3,056	$239K	0.0%	$78.21 *	$55.55	+7.9%	COM	742718109
MBI	MBIA Inc	29,100	$175K	0.0%	$6.01 *	$3.94	0.0%	COM	55262C100
—	J P Morgan Chase & Co.	4,000	$99,000	0.0%	$24.75	$15.60	—	*W EXP 10/28/2018	46634E114
HUM	Humana Inc	418	$80,000	0.0%	$191.39 *	$81.39	+109.9%	COM	444859102