ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Jul 29, 2016

Total Value: $1.306B (100.0% shares, 0.0% debt)

Holdings (28)

INTC Intel Corporation 9.4%

Value $123M Shares 3,748,382 Share Price $32.80 * Est. Cost/Share $22.91 Unrealized @ Report Date +9.6%

MSFT Microsoft 9.3%

Value $121M Shares 2,374,194 Share Price $51.17 * Est. Cost/Share $31.59 Unrealized @ Report Date +45.6%

JNJ Johnson & Johnson 9.2%

Value $120M Shares 988,646 Share Price $121.30 * Est. Cost/Share $66.92 Unrealized @ Report Date +30.1%

— Express Scripts Hldg Co 8.6%

Value $112M Shares 1,478,279 Share Price $75.80 Est. Cost/Share $75.95 Unrealized @ Report Date —

JPM J P Morgan Chase & Co. 8.5%

Value $111M Shares 1,785,402 Share Price $62.14 * Est. Cost/Share $40.84 Unrealized @ Report Date +18.3%

— Liberty Global Plc 7.7%

Value $101M Shares 3,520,666 Share Price $28.65 Est. Cost/Share $33.03 Unrealized @ Report Date —

WMT Wal-Mart Stores Inc 7.7%

Value $100M Shares 1,370,841 Share Price $73.02 * Est. Cost/Share $19.62 Unrealized @ Report Date -0.6%

— Vodafone Group PlC NEW 7.7%

Value $100M Shares 3,239,546 Share Price $30.89 Est. Cost/Share $31.77 Unrealized @ Report Date —

BRK/B Berkshire Hathaway Inc 7.1%

Value $92.87M Shares 641,437 Share Price $144.79 Est. Cost/Share $124.92 Unrealized @ Report Date +14.4%

MRK Merck & Co Inc 6.7%

Value $87.74M Shares 1,523,008 Share Price $57.61 * Est. Cost/Share $32.92 Unrealized @ Report Date +19.9%

— Level 3 Communications 5.4%

Value $69.96M Shares 1,358,683 Share Price $51.49 Est. Cost/Share $52.64 Unrealized @ Report Date —

— SPX Flow Inc 5.2%

Value $68.44M Shares 2,625,177 Share Price $26.07 Est. Cost/Share $29.52 Unrealized @ Report Date —

— SPX Corp 4.0%

Value $52.56M Shares 3,539,214 Share Price $14.85 Est. Cost/Share $13.83 Unrealized @ Report Date —

— Resolute Forest Products 2.2%

Value $28.77M Shares 5,438,914 Share Price $5.29 Est. Cost/Share $12.68 Unrealized @ Report Date —

— Liberty Global Plc Cl C 0.6%

Value $7.622M Shares 234,607 Share Price $32.49 Est. Cost/Share $32.49 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.2%

Value $2.409M Shares 29,717 Share Price $81.06 Est. Cost/Share $80.57 Unrealized @ Report Date —

KINS Kingstone Companies Inc 0.1%

Value $1.31M Shares 148,052 Share Price $8.85 * Est. Cost/Share $6.41 Unrealized @ Report Date +15.9%

VTEB Vanguard Muni Bnd Tax 0.1%

Value $1.148M Shares 21,788 Share Price $52.69 Est. Cost/Share $52.69 Unrealized @ Report Date —

— TE Connectivity LTD 0.1%

Value $932K Shares 16,328 Share Price $57.08 Est. Cost/Share $57.08 Unrealized @ Report Date —

— LinkedIn Corporation 0.1%

Value $842K Shares 4,450 Share Price $189.21 Est. Cost/Share $189.21 Unrealized @ Report Date —

— E M C Corp Mass 0.0%

Value $598K Shares 22,000 Share Price $27.18 Est. Cost/Share $25.74 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.0%

Value $598K Shares 25,400 Share Price $23.54 * Est. Cost/Share $15.01 Unrealized @ Report Date +36.1%

PG Proctor & Gamble 0.0%

Value $434K Shares 5,129 Share Price $84.62 * Est. Cost/Share $58.79 Unrealized @ Report Date +7.7%

— Berkshire Hathaway Inc 0.0%

Value $434K Shares 200 Share Price $2170.00 Est. Cost/Share $2149.80 Unrealized @ Report Date —

MBI MBIA Inc 0.0%

Value $352K Shares 51,600 Share Price $6.82 * Est. Cost/Share $3.59 Unrealized @ Report Date -9.6%

SCHZ Schwab Strategic Tr 0.0%

Value $330K Shares 6,148 Share Price $53.68 Est. Cost/Share $52.75 Unrealized @ Report Date —

VTI Vanguard Stock Index 0.0%

Value $284K Shares 2,651 Share Price $107.13 Est. Cost/Share $84.08 Unrealized @ Report Date —

— J P Morgan Chase & Co. 0.0%

Value $81,000 Shares 4,000 Share Price $20.25 Est. Cost/Share $15.60 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
INTC	Intel Corporation	3,748,382	$123M	9.4%	$32.80 *	$22.91	+9.6%	COM	458140100
MSFT	Microsoft	2,374,194	$121M	9.3%	$51.17 *	$31.59	+45.6%	COM	594918104
JNJ	Johnson & Johnson	988,646	$120M	9.2%	$121.30 *	$66.92	+30.1%	COM	478160104
—	Express Scripts Hldg Co	1,478,279	$112M	8.6%	$75.80	$75.95	—	COM	30219G108
JPM	J P Morgan Chase & Co.	1,785,402	$111M	8.5%	$62.14 *	$40.84	+18.3%	COM	46625H100
—	Liberty Global Plc	3,520,666	$101M	7.7%	$28.65	$33.03	—	COM	G5480U120
WMT	Wal-Mart Stores Inc	1,370,841	$100M	7.7%	$73.02 *	$19.62	-0.6%	COM	931142103
—	Vodafone Group PlC NEW	3,239,546	$100M	7.7%	$30.89	$31.77	—	SPONS ADR NEW	92857W209
BRK/B	Berkshire Hathaway Inc	641,437	$92.87M	7.1%	$144.79	$124.92	+14.4%	CL B New	084670702
MRK	Merck & Co Inc	1,523,008	$87.74M	6.7%	$57.61 *	$32.92	+19.9%	COM	58933Y105
—	Level 3 Communications	1,358,683	$69.96M	5.4%	$51.49	$52.64	—	COM	52729N308
—	SPX Flow Inc	2,625,177	$68.44M	5.2%	$26.07	$29.52	—	COM	78469X107
—	SPX Corp	3,539,214	$52.56M	4.0%	$14.85	$13.83	—	COM	784635104
—	Resolute Forest Products	5,438,914	$28.77M	2.2%	$5.29	$12.68	—	COM	76117W109
—	Liberty Global Plc Cl C	234,607	$7.622M	0.6%	$32.49	$32.49	—	SHS CL C	G5480U153
BSV	Vanguard Bond Index Fund	29,717	$2.409M	0.2%	$81.06	$80.57	—	SHORT TRM BOND	921937827
KINS	Kingstone Companies Inc	148,052	$1.31M	0.1%	$8.85 *	$6.41	+15.9%	COM	496719105
VTEB	Vanguard Muni Bnd Tax	21,788	$1.148M	0.1%	$52.69	$52.69	—	MUNI BOND	922907746
—	TE Connectivity LTD	16,328	$932K	0.1%	$57.08	$57.08	—	COM	H84989104
—	LinkedIn Corporation	4,450	$842K	0.1%	$189.21	$189.21	—	COM	53578A108
—	E M C Corp Mass	22,000	$598K	0.0%	$27.18	$25.74	—	COM	268648102
SMBC	Southern Missouri Bancorp	25,400	$598K	0.0%	$23.54 *	$15.01	+36.1%	COM	843380106
PG	Proctor & Gamble	5,129	$434K	0.0%	$84.62 *	$58.79	+7.7%	COM	742718109
—	Berkshire Hathaway Inc	200	$434K	0.0%	$2170.00	$2149.80	—	COM	084990175
MBI	MBIA Inc	51,600	$352K	0.0%	$6.82 *	$3.59	-9.6%	COM	55262C100
SCHZ	Schwab Strategic Tr	6,148	$330K	0.0%	$53.68	$52.75	—	US AGGREGATE B	808524839
VTI	Vanguard Stock Index	2,651	$284K	0.0%	$107.13	$84.08	—	TOT STK MKT	922908769
—	J P Morgan Chase & Co.	4,000	$81,000	0.0%	$20.25	$15.60	—	*W EXP 10/28/2018	46634E114