ACR Alpine Capital Research, LLC Long-Term Concentrated

CIK: 0001508822 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 30, 2025

Total Value ($000): $5,852,573 (100.0% shares, 0.0% debt)

Holdings (35)

GBIL GOLDMAN SACHS ETF TR 8.2%

Value ($000) $477,962 Shares 4,768,657 Est. Cost $100.17 Unrealized —

GM GENERAL MTRS CO 7.5%

Value ($000) $441,240 Shares 7,236,999 Est. Cost $37.84 Unrealized +46.8%

THO THOR INDS INC 7.3%

Value ($000) $425,862 Shares 4,107,070 Est. Cost $91.11 Unrealized +9.5%

JNJ JOHNSON & JOHNSON 7.1%

Value ($000) $413,872 Shares 2,232,076 Est. Cost $142.92 Unrealized +18.6%

FDX FEDEX CORP 7.0%

Value ($000) $407,165 Shares 1,726,667 Est. Cost $249.41 Unrealized -8.5%

DG DOLLAR GEN CORP NEW 6.9%

Value ($000) $402,590 Shares 3,895,406 Est. Cost $77.02 Unrealized +41.4%

CVX CHEVRON CORP NEW 6.6%

Value ($000) $383,810 Shares 2,471,567 Est. Cost $137.50 Unrealized +10.7%

C CITIGROUP INC 6.2%

Value ($000) $365,531 Shares 3,601,290 Est. Cost $52.12 Unrealized +80.6%

LEN LENNAR CORP 6.2%

Value ($000) $362,999 Shares 2,880,031 Est. Cost $127.59 Unrealized -3.1%

MSFT MICROSOFT CORP 6.1%

Value ($000) $358,981 Shares 693,079 Est. Cost $351.61 Unrealized +44.7%

JPM JPMORGAN CHASE & CO. 5.9%

Value ($000) $347,042 Shares 1,100,218 Est. Cost $157.02 Unrealized +88.5%

VOD VODAFONE GROUP PLC NEW 5.2%

Value ($000) $302,703 Shares 26,095,086 Est. Cost $10.01 Unrealized —

ARW ARROW ELECTRS INC 5.0%

Value ($000) $292,435 Shares 2,416,815 Est. Cost $115.97 Unrealized +8.5%

MGA MAGNA INTL INC 4.9%

Value ($000) $287,881 Shares 6,076,011 Est. Cost $46.71 Unrealized -6.2%

LBTYA LIBERTY GLOBAL LTD 4.2%

Value ($000) $243,384 Shares 21,237,740 Est. Cost $11.25 Unrealized -2.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.9%

Value ($000) $113,644 Shares 226,049 Est. Cost $313.56 Unrealized +54.5%

LBTYK LIBERTY GLOBAL LTD 1.4%

Value ($000) $83,722 Shares 7,125,306 Est. Cost $9.07 Unrealized +23.5%

BRK/A BERKSHIRE HATHAWAY INC DEL 1.1%

Value ($000) $64,107 Shares 85 Est. Cost $692527.00 Unrealized +5.0%

DELL DELL TECHNOLOGIES INC 0.3%

Value ($000) $14,917 Shares 105,217 Est. Cost $67.22 Unrealized +92.2%

SGOV ISHARES TR 0.2%

Value ($000) $9,667 Shares 96,000 Est. Cost $100.70 Unrealized —

BCS BARCLAYS PLC 0.2%

Value ($000) $9,384 Shares 454,000 Est. Cost $7.67 Unrealized —

FPH FIVE POINT HOLDINGS LLC 0.1%

Value ($000) $6,514 Shares 1,062,657 Est. Cost $4.02 Unrealized +44.5%

MGM MGM RESORTS INTERNATIONAL 0.1%

Value ($000) $6,266 Shares 180,789 Est. Cost $40.77 Unrealized -10.0%

IAC IAC INC 0.1%

Value ($000) $6,191 Shares 181,719 Est. Cost $42.43 Unrealized -12.1%

LILAK LIBERTY LATIN AMERICA LTD 0.1%

Value ($000) $4,955 Shares 587,130 Est. Cost $6.91 Unrealized +8.7%

JEF JEFFERIES FINL GROUP INC 0.1%

Value ($000) $3,490 Shares 53,352 Est. Cost $34.99 Unrealized +71.2%

LEN/B LENNAR CORP 0.1%

Value ($000) $3,466 Shares 28,883 Est. Cost $90.25 Unrealized +30.1%

MRK MERCK & CO INC 0.1%

Value ($000) $3,033 Shares 36,139 Est. Cost $89.23 Unrealized -9.2%

SMBC SOUTHERN MO BANCORP INC 0.0%

Value ($000) $2,797 Shares 53,207 Est. Cost $40.97 Unrealized +34.6%

CORZ CORE SCIENTIFIC INC NEW 0.0%

Value ($000) $2,781 Shares 155,000 Est. Cost $10.70 Unrealized +37.1%

APG API GROUP CORP 0.0%

Value ($000) $2,067 Shares 60,153 Est. Cost $29.21 Unrealized +19.5%

KW KENNEDY-WILSON HOLDINGS INC 0.0%

Value ($000) $1,544 Shares 185,589 Est. Cost $8.19 Unrealized -2.0%

SLDP SOLID POWER INC 0.0%

Value ($000) $295 Shares 85,000 Est. Cost $4.69 Unrealized -19.7%

NFE NEW FORTRESS ENERGY INC 0.0%

Value ($000) $265 Shares 120,000 Est. Cost $2.85 Unrealized 0.0%

NINEQ NINE ENERGY SERVICE INC 0.0%

Value ($000) $9 Shares 15,000 Est. Cost $5.47 Unrealized -87.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GBIL	GOLDMAN SACHS ETF TR	4,768,657	$477,962	8.2%	$100.17	—	ACCES TREASURY	381430529
GM	GENERAL MTRS CO	7,236,999	$441,240	7.5%	$37.84	+46.8%	COM	37045V100
THO	THOR INDS INC	4,107,070	$425,862	7.3%	$91.11	+9.5%	COM	885160101
JNJ	JOHNSON & JOHNSON	2,232,076	$413,872	7.1%	$142.92	+18.6%	COM	478160104
FDX	FEDEX CORP	1,726,667	$407,165	7.0%	$249.41	-8.5%	COM	31428X106
DG	DOLLAR GEN CORP NEW	3,895,406	$402,590	6.9%	$77.02	+41.4%	COM	256677105
CVX	CHEVRON CORP NEW	2,471,567	$383,810	6.6%	$137.50	+10.7%	COM	166764100
C	CITIGROUP INC	3,601,290	$365,531	6.2%	$52.12	+80.6%	COM NEW	172967424
LEN	LENNAR CORP	2,880,031	$362,999	6.2%	$127.59	-3.1%	CL A	526057104
MSFT	MICROSOFT CORP	693,079	$358,981	6.1%	$351.61	+44.7%	COM	594918104
JPM	JPMORGAN CHASE & CO.	1,100,218	$347,042	5.9%	$157.02	+88.5%	COM	46625H100
VOD	VODAFONE GROUP PLC NEW	26,095,086	$302,703	5.2%	$10.01	—	SPONSORED ADR	92857W308
ARW	ARROW ELECTRS INC	2,416,815	$292,435	5.0%	$115.97	+8.5%	COM	042735100
MGA	MAGNA INTL INC	6,076,011	$287,881	4.9%	$46.71	-6.2%	COM	559222401
LBTYA	LIBERTY GLOBAL LTD	21,237,740	$243,384	4.2%	$11.25	-2.2%	COM CL A	G61188101
BRK/B	BERKSHIRE HATHAWAY INC DEL	226,049	$113,644	1.9%	$313.56	+54.5%	CL B NEW	084670702
LBTYK	LIBERTY GLOBAL LTD	7,125,306	$83,722	1.4%	$9.07	+23.5%	COM CL C	G61188127
BRK/A	BERKSHIRE HATHAWAY INC DEL	85	$64,107	1.1%	$692527.00	+5.0%	CL A	084670108
DELL	DELL TECHNOLOGIES INC	105,217	$14,917	0.3%	$67.22	+92.2%	CL C	24703L202
SGOV	ISHARES TR	96,000	$9,667	0.2%	$100.70	—	0-3 MNTH TREASRY	46436E718
BCS	BARCLAYS PLC	454,000	$9,384	0.2%	$7.67	—	ADR	06738E204
FPH	FIVE POINT HOLDINGS LLC	1,062,657	$6,514	0.1%	$4.02	+44.5%	COM CL A	33833Q106
MGM	MGM RESORTS INTERNATIONAL	180,789	$6,266	0.1%	$40.77	-10.0%	COM	552953101
IAC	IAC INC	181,719	$6,191	0.1%	$42.43	-12.1%	COM NEW	44891N208
LILAK	LIBERTY LATIN AMERICA LTD	587,130	$4,955	0.1%	$6.91	+8.7%	COM CL C	G9001E128
JEF	JEFFERIES FINL GROUP INC	53,352	$3,490	0.1%	$34.99	+71.2%	COM	47233W109
LEN/B	LENNAR CORP	28,883	$3,466	0.1%	$90.25	+30.1%	CL B	526057302
MRK	MERCK & CO INC	36,139	$3,033	0.1%	$89.23	-9.2%	COM	58933Y105
SMBC	SOUTHERN MO BANCORP INC	53,207	$2,797	0.0%	$40.97	+34.6%	COM	843380106
CORZ	CORE SCIENTIFIC INC NEW	155,000	$2,781	0.0%	$10.70	+37.1%	COM	21874A106
APG	API GROUP CORP	60,153	$2,067	0.0%	$29.21	+19.5%	COM STK	00187Y100
KW	KENNEDY-WILSON HOLDINGS INC	185,589	$1,544	0.0%	$8.19	-2.0%	COM	489398107
SLDP	SOLID POWER INC	85,000	$295	0.0%	$4.69	-19.7%	CLASS A COM	83422N105
NFE	NEW FORTRESS ENERGY INC	120,000	$265	0.0%	$2.85	0.0%	COM CL A	644393100
NINEQ	NINE ENERGY SERVICE INC	15,000	$9	0.0%	$5.47	-87.0%	COM	65441V101