ACR Alpine Capital Research, LLC Long-Term Concentrated

Location: St. Louis, MO

CIK: 0001508822 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Oct 26, 2016

Total Value: $1.445B (100.0% shares, 0.0% debt)

Holdings (28)

INTC Intel Corporation 9.7%

Value $141M Shares 3,728,841 Share Price $37.75 * Est. Cost/Share $22.91 Unrealized @ Report Date +33.5%

MSFT Microsoft 9.4%

Value $136M Shares 2,356,906 Share Price $57.60 * Est. Cost/Share $31.59 Unrealized @ Report Date +62.9%

— Liberty Global Plc Cl C 8.3%

Value $120M Shares 3,636,952 Share Price $33.04 Est. Cost/Share $33.00 Unrealized @ Report Date —

JPM J P Morgan Chase & Co. 8.3%

Value $120M Shares 1,800,018 Share Price $66.59 * Est. Cost/Share $40.84 Unrealized @ Report Date +27.2%

JNJ Johnson & Johnson 8.2%

Value $118M Shares 1,001,515 Share Price $118.13 * Est. Cost/Share $67.26 Unrealized @ Report Date +36.0%

— Express Scripts Hldg Co 7.6%

Value $110M Shares 1,566,561 Share Price $70.53 Est. Cost/Share $75.65 Unrealized @ Report Date —

— Level 3 Communications 7.6%

Value $110M Shares 2,362,863 Share Price $46.38 Est. Cost/Share $49.98 Unrealized @ Report Date —

— Vodafone Group PlC NEW 7.5%

Value $108M Shares 3,697,336 Share Price $29.15 Est. Cost/Share $31.45 Unrealized @ Report Date —

WMT Wal-Mart Stores Inc 6.8%

Value $97.53M Shares 1,352,295 Share Price $72.12 * Est. Cost/Share $19.62 Unrealized @ Report Date +4.3%

MRK Merck & Co Inc 6.5%

Value $93.54M Shares 1,498,786 Share Price $62.41 * Est. Cost/Share $32.92 Unrealized @ Report Date +36.0%

BRK/B Berkshire Hathaway Inc 6.4%

Value $92.57M Shares 640,730 Share Price $144.47 Est. Cost/Share $124.92 Unrealized @ Report Date +15.7%

— SPX Flow Inc 5.8%

Value $83.09M Shares 2,687,115 Share Price $30.92 Est. Cost/Share $29.56 Unrealized @ Report Date —

— SPX Corp 5.0%

Value $71.78M Shares 3,564,084 Share Price $20.14 Est. Cost/Share $13.83 Unrealized @ Report Date —

— Resolute Forest Products 1.9%

Value $26.75M Shares 5,654,346 Share Price $4.73 Est. Cost/Share $12.38 Unrealized @ Report Date —

— Liberty Global Plc 0.4%

Value $6.455M Shares 230,110 Share Price $28.05 Est. Cost/Share $33.03 Unrealized @ Report Date —

BSV Vanguard Bond Index Fund 0.2%

Value $2.477M Shares 30,641 Share Price $80.84 Est. Cost/Share $80.48 Unrealized @ Report Date +0.4%

KINS Kingstone Companies Inc 0.1%

Value $1.505M Shares 163,052 Share Price $9.23 * Est. Cost/Share $6.52 Unrealized @ Report Date +19.5%

VTEB Vanguard Muni Bnd Tax 0.1%

Value $1.127M Shares 21,596 Share Price $52.19 Est. Cost/Share $51.95 Unrealized @ Report Date +0.5%

— LinkedIn Corporation 0.1%

Value $1.051M Shares 5,500 Share Price $191.09 Est. Cost/Share $189.57 Unrealized @ Report Date —

— TE Connectivity LTD 0.1%

Value $1.051M Shares 16,328 Share Price $64.37 Est. Cost/Share $57.08 Unrealized @ Report Date —

SMBC Southern Missouri Bancorp 0.0%

Value $632K Shares 25,400 Share Price $24.88 * Est. Cost/Share $15.01 Unrealized @ Report Date +41.3%

— DEL Tech Cl V 0.0%

Value $509K Shares 10,657 Share Price $47.76 Est. Cost/Share $47.76 Unrealized @ Report Date —

— Berkshire Hathaway Inc 0.0%

Value $432K Shares 200 Share Price $2160.00 Est. Cost/Share $2149.80 Unrealized @ Report Date —

MBI MBIA Inc 0.0%

Value $402K Shares 51,600 Share Price $7.79 * Est. Cost/Share $3.59 Unrealized @ Report Date -5.3%

SCHZ Schwab Strategic Tr 0.0%

Value $400K Shares 7,459 Share Price $53.63 * Est. Cost/Share $26.41 Unrealized @ Report Date +1.6%

PG Proctor & Gamble 0.0%

Value $273K Shares 3,039 Share Price $89.83 * Est. Cost/Share $58.79 Unrealized @ Report Date +18.9%

VTI Vanguard Stock Index 0.0%

Value $147K Shares 1,318 Share Price $111.53 Est. Cost/Share $84.38 Unrealized @ Report Date +31.9%

— 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 —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
INTC	Intel Corporation	3,728,841	$141M	9.7%	$37.75 *	$22.91	+33.5%	COM	458140100
MSFT	Microsoft	2,356,906	$136M	9.4%	$57.60 *	$31.59	+62.9%	COM	594918104
—	Liberty Global Plc Cl C	3,636,952	$120M	8.3%	$33.04	$33.00	—	SHS CL C	G5480U153
JPM	J P Morgan Chase & Co.	1,800,018	$120M	8.3%	$66.59 *	$40.84	+27.2%	COM	46625H100
JNJ	Johnson & Johnson	1,001,515	$118M	8.2%	$118.13 *	$67.26	+36.0%	COM	478160104
—	Express Scripts Hldg Co	1,566,561	$110M	7.6%	$70.53	$75.65	—	COM	30219G108
—	Level 3 Communications	2,362,863	$110M	7.6%	$46.38	$49.98	—	COM	52729N308
—	Vodafone Group PlC NEW	3,697,336	$108M	7.5%	$29.15	$31.45	—	SPONS ADR NEW	92857W209
WMT	Wal-Mart Stores Inc	1,352,295	$97.53M	6.8%	$72.12 *	$19.62	+4.3%	COM	931142103
MRK	Merck & Co Inc	1,498,786	$93.54M	6.5%	$62.41 *	$32.92	+36.0%	COM	58933Y105
BRK/B	Berkshire Hathaway Inc	640,730	$92.57M	6.4%	$144.47	$124.92	+15.7%	CL B New	084670702
—	SPX Flow Inc	2,687,115	$83.09M	5.8%	$30.92	$29.56	—	COM	78469X107
—	SPX Corp	3,564,084	$71.78M	5.0%	$20.14	$13.83	—	COM	784635104
—	Resolute Forest Products	5,654,346	$26.75M	1.9%	$4.73	$12.38	—	COM	76117W109
—	Liberty Global Plc	230,110	$6.455M	0.4%	$28.05	$33.03	—	COM	G5480U120
BSV	Vanguard Bond Index Fund	30,641	$2.477M	0.2%	$80.84	$80.48	+0.4%	SHORT TRM BOND	921937827
KINS	Kingstone Companies Inc	163,052	$1.505M	0.1%	$9.23 *	$6.52	+19.5%	COM	496719105
VTEB	Vanguard Muni Bnd Tax	21,596	$1.127M	0.1%	$52.19	$51.95	+0.5%	MUNI BOND	922907746
—	LinkedIn Corporation	5,500	$1.051M	0.1%	$191.09	$189.57	—	COM	53578A108
—	TE Connectivity LTD	16,328	$1.051M	0.1%	$64.37	$57.08	—	COM	H84989104
SMBC	Southern Missouri Bancorp	25,400	$632K	0.0%	$24.88 *	$15.01	+41.3%	COM	843380106
—	DEL Tech Cl V	10,657	$509K	0.0%	$47.76	$47.76	—	COM	24703L103
—	Berkshire Hathaway Inc	200	$432K	0.0%	$2160.00	$2149.80	—	COM	084990175
MBI	MBIA Inc	51,600	$402K	0.0%	$7.79 *	$3.59	-5.3%	COM	55262C100
SCHZ	Schwab Strategic Tr	7,459	$400K	0.0%	$53.63 *	$26.41	+1.6%	US AGGREGATE B	808524839
PG	Proctor & Gamble	3,039	$273K	0.0%	$89.83 *	$58.79	+18.9%	COM	742718109
VTI	Vanguard Stock Index	1,318	$147K	0.0%	$111.53	$84.38	+31.9%	TOT STK MKT	922908769
—	J P Morgan Chase & Co.	4,000	$99,000	0.0%	$24.75	$15.60	—	*W EXP 10/28/2018	46634E114