ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 13, 2015

Total Value: $913M (100.0% shares, 0.0% debt)

Holdings (24)

MSFT Microsoft 11.2%

Value $102M Shares 2,311,964 Share Price $44.26 * Est. Cost/Share $31.00 Unrealized @ Report Date +25.6%

INTC Intel Corporation 11.0%

Value $101M Shares 3,335,259 Share Price $30.14 * Est. Cost/Share $22.69 Unrealized @ Report Date -0.3%

JPM J P Morgan Chase & Co. 10.6%

Value $96.57M Shares 1,583,826 Share Price $60.97 * Est. Cost/Share $40.21 Unrealized @ Report Date +23.4%

JNJ Johnson & Johnson 9.8%

Value $89.08M Shares 954,296 Share Price $93.35 * Est. Cost/Share $66.33 Unrealized @ Report Date +9.3%

WMT Wal-Mart Stores Inc 9.6%

Value $87.25M Shares 1,345,673 Share Price $64.84 * Est. Cost/Share $19.72 Unrealized @ Report Date -4.1%

— Vodafone Group PlC NEW 9.4%

Value $86.17M Shares 2,714,764 Share Price $31.74 Est. Cost/Share $31.83 Unrealized @ Report Date —

— Express Scripts Hldg Co 9.1%

Value $83.42M Shares 1,030,446 Share Price $80.96 Est. Cost/Share $77.26 Unrealized @ Report Date —

— Precision Castparts Corp 9.0%

Value $81.87M Shares 356,402 Share Price $229.71 Est. Cost/Share $229.71 Unrealized @ Report Date —

MRK Merck & Co Inc 6.0%

Value $55.2M Shares 1,117,620 Share Price $49.39 * Est. Cost/Share $31.62 Unrealized @ Report Date +21.5%

— SPX Flow Inc 4.8%

Value $43.37M Shares 1,259,742 Share Price $34.43 Est. Cost/Share $34.43 Unrealized @ Report Date —

BRK/B Berkshire Hathaway Inc 3.7%

Value $34.2M Shares 262,288 Share Price $130.40 * Est. Cost/Share $111.85 Unrealized @ Report Date +22.5%

— Resolute Forest Products 3.5%

Value $31.9M Shares 3,836,275 Share Price $8.31 Est. Cost/Share $15.64 Unrealized @ Report Date —

— SPX Corp 1.7%

Value $15.13M Shares 1,269,612 Share Price $11.92 Est. Cost/Share $11.92 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.1%

Value $1.252M Shares 15,572 Share Price $80.40 Est. Cost/Share $80.19 Unrealized @ Report Date —

VTI Vanguard Stock Index 0.1%

Value $983K Shares 9,958 Share Price $98.71 Est. Cost/Share $84.08 Unrealized @ Report Date —

KINS Kingstone Companies Inc 0.1%

Value $757K Shares 87,587 Share Price $8.64 * Est. Cost/Share $5.96 Unrealized @ Report Date +12.0%

SCHZ Schwab Strategic Tr 0.1%

Value $680K Shares 13,037 Share Price $52.16 Est. Cost/Share $52.75 Unrealized @ Report Date —

— Liberty Global Plc 0.1%

Value $498K Shares 12,150 Share Price $40.99 Est. Cost/Share $46.46 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.1%

Value $474K Shares 22,900 Share Price $20.70 * Est. Cost/Share $14.48 Unrealized @ Report Date +14.2%

— Berkshire Hathaway Inc 0.0%

Value $390K Shares 200 Share Price $1950.00 Est. Cost/Share $3615.50 Unrealized @ Report Date —

PG Proctor & Gamble 0.0%

Value $247K Shares 3,427 Share Price $72.07 * Est. Cost/Share $55.64 Unrealized @ Report Date +1.3%

MBI MBIA Inc 0.0%

Value $177K Shares 29,100 Share Price $6.08 * Est. Cost/Share $3.94 Unrealized @ Report Date -28.8%

— J P Morgan Chase & Co. 0.0%

Value $80,000 Shares 4,000 Share Price $20.00 Est. Cost/Share $15.60 Unrealized @ Report Date —

SYY Sysco Corporation 0.0%

Value $5,000 Shares 140 Share Price $35.71 * Est. Cost/Share $25.42 Unrealized @ Report Date +14.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	Microsoft	2,311,964	$102M	11.2%	$44.26 *	$31.00	+25.6%	COM	594918104
INTC	Intel Corporation	3,335,259	$101M	11.0%	$30.14 *	$22.69	-0.3%	COM	458140100
JPM	J P Morgan Chase & Co.	1,583,826	$96.57M	10.6%	$60.97 *	$40.21	+23.4%	COM	46625H100
JNJ	Johnson & Johnson	954,296	$89.08M	9.8%	$93.35 *	$66.33	+9.3%	COM	478160104
WMT	Wal-Mart Stores Inc	1,345,673	$87.25M	9.6%	$64.84 *	$19.72	-4.1%	COM	931142103
—	Vodafone Group PlC NEW	2,714,764	$86.17M	9.4%	$31.74	$31.83	—	SPONS ADR NEW	92857W209
—	Express Scripts Hldg Co	1,030,446	$83.42M	9.1%	$80.96	$77.26	—	COM	30219G108
—	Precision Castparts Corp	356,402	$81.87M	9.0%	$229.71	$229.71	—	COM	740189105
MRK	Merck & Co Inc	1,117,620	$55.2M	6.0%	$49.39 *	$31.62	+21.5%	COM	58933Y105
—	SPX Flow Inc	1,259,742	$43.37M	4.8%	$34.43	$34.43	—	COM	78469X107
BRK/B	Berkshire Hathaway Inc	262,288	$34.2M	3.7%	$130.40 *	$111.85	+22.5%	CL B New	084670702
—	Resolute Forest Products	3,836,275	$31.9M	3.5%	$8.31	$15.64	—	COM	76117W109
—	SPX Corp	1,269,612	$15.13M	1.7%	$11.92	$11.92	—	COM	784635104
BSV	Vanguard Bond Index Fund	15,572	$1.252M	0.1%	$80.40	$80.19	—	SHORT TRM BOND	921937827
VTI	Vanguard Stock Index	9,958	$983K	0.1%	$98.71	$84.08	—	TOT STK MKT	922908769
KINS	Kingstone Companies Inc	87,587	$757K	0.1%	$8.64 *	$5.96	+12.0%	COM	496719105
SCHZ	Schwab Strategic Tr	13,037	$680K	0.1%	$52.16	$52.75	—	US AGGREGATE B	808524839
—	Liberty Global Plc	12,150	$498K	0.1%	$40.99	$46.46	—	SHS CL C	G5480U120
SMBC	Southern Missouri Bancorp	22,900	$474K	0.1%	$20.70 *	$14.48	+14.2%	COM	843380106
—	Berkshire Hathaway Inc	200	$390K	0.0%	$1950.00	$3615.50	—	COM	084990175
PG	Proctor & Gamble	3,427	$247K	0.0%	$72.07 *	$55.64	+1.3%	COM	742718109
MBI	MBIA Inc	29,100	$177K	0.0%	$6.08 *	$3.94	-28.8%	COM	55262C100
—	J P Morgan Chase & Co.	4,000	$80,000	0.0%	$20.00	$15.60	—	*W EXP 10/28/2018	46634E114
SYY	Sysco Corporation	140	$5,000	0.0%	$35.71 *	$25.42	+14.4%	COM	871829107