ACR Alpine Capital Research, LLC
CIK 0001508822
Annualised vol
9.318917%
Beta
0.374239
HHI
568.779052
Top-10 weight
60.227076%
VaR 95%
0.794711%
VaR 99%
1.553199%
Max drawdown
19.852293%
Matched value
50.961381%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| JNJ | REDUCED | 2,146,488 | 2,157,384 | -0.51% | 545,143,514 |
| CVX | ADDED | 2,780,991 | 2,748,684 | 1.18% | 460,977,055 |
| LEN | ADDED | 4,783,876 | 4,246,066 | 12.67% | 432,820,595 |
| MSFT | ADDED | 1,136,273 | 981,646 | 15.75% | 423,852,417 |
| LBTYA | ADDED | 32,436,999 | 30,529,441 | 6.25% | 365,537,195 |
| FDX | REDUCED | 1,112,339 | 1,123,684 | -1.01% | 348,306,800 |
| JPM | REDUCED | 977,345 | 978,495 | -0.12% | 319,914,395 |
| MGA | REDUCED | 4,809,078 | 4,847,446 | -0.79% | 315,764,059 |
| C | REDUCED | 2,075,702 | 3,544,555 | -41.44% | 290,515,280 |
| DELL | REDUCED | 58,798 | 116,886 | -49.7% | 25,368,985 |
| PPLI | NEW | 291,826 | - | - | 13,470,688 |
| BCS | UNCHANGED | 454,000 | 454,000 | 0.0% | 12,194,440 |
| FPH | ADDED | 1,288,800 | 1,229,255 | 4.84% | 6,791,976 |
| ECHO | ADDED | 66,050 | 12,500 | 428.4% | 6,704,076 |
| MRK | ADDED | 41,146 | 39,449 | 4.3% | 5,287,261 |
| ZD | ADDED | 86,526 | 72,680 | 19.05% | 4,531,367 |
| MGM | ADDED | 92,792 | 90,436 | 2.61% | 4,436,386 |
| APG | REDUCED | 66,358 | 66,454 | -0.14% | 2,810,262 |
| LILA | REDUCED | 354,642 | 416,217 | -14.79% | 2,762,661 |
| TLN | NEW | 6,500 | - | - | 2,497,690 |
| NFE | UNCHANGED | 120,000 | 120,000 | 0.0% | 43,572 |
| NINE | CLOSED OUT | 0 | 46,500 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 | 1,105,426,126 | 15.69 | 1.1036603E7 | |
| JNJ | REDUCED | JOHNSON & JOHNSON | COM | 478160104 | 476,346,389 | 6.76 | 1875601.0 |
| CVX | ADDED | CHEVRON CORPORATION | COM | 166764100 | 402,112,604 | 5.71 | 2425872.0 |
| LEN | ADDED | LENNAR CORP | CL A | 526057104 | 378,795,725 | 5.38 | 4186051.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 367,081,454 | 5.21 | 984080.0 |
| - | THOR INDS INC | COM | 885160101 | 366,242,520 | 5.2 | 4872838.0 | |
| FDX | REDUCED | FEDEX CORP | COM | 31428X106 | 306,392,784 | 4.35 | 978484.0 |
| - | GENERAL MTRS CO | COM | 37045V100 | 296,888,136 | 4.21 | 3851688.0 | |
| JPM | REDUCED | JPMORGAN CHASE & CO | COM | 46625H100 | 274,319,290 | 3.89 | 838051.0 |
| - | ARROW ELECTRS INC | COM | 042735100 | 268,803,233 | 3.82 | 1259563.0 | |
| - | VODAFONE GROUP PLC | SPONSORED ADR | 92857W308 | 264,713,620 | 3.76 | 2.0016153E7 | |
| - | ELEVANCE HEALTH INC FORMERLY | COM | 036752103 | 254,804,222 | 3.62 | 658869.0 | |
| MGA | REDUCED | MAGNA INTL INC | COM | 559222401 | 253,507,873 | 3.6 | 3860918.0 |
| C | REDUCED | CITIGROUP INC | COM NEW | 172967424 | 250,980,919 | 3.56 | 1793233.0 |
| - | GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 | 247,926,649 | 3.52 | 2475306.0 | |
| LBTYA | ADDED | LIBERTY GLOBAL LTD | COM CL A | G61188101 | 242,109,432 | 3.44 | 2.1293706E7 |
| - | DOLLAR GEN CORP | COM | 256677105 | 172,464,645 | 2.45 | 1498259.0 | |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 100,958,298 | 1.43 | 201759.0 | |
| LBTYA | ADDED | LIBERTY GLOBAL LTD | COM CL C | G61188127 | 84,404,155 | 1.2 | 7673105.0 |
| JNJ | REDUCED | JOHNSON & JOHNSON | COM | 478160104 | 68,797,125 | 0.98 | 270887.0 |
| MGA | REDUCED | MAGNA INTL INC | COM | 559222401 | 62,256,186 | 0.88 | 948160.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 61,405,700 | 0.87 | 82.0 | |
| CVX | ADDED | CHEVRON CORPORATION | COM | 166764100 | 58,864,451 | 0.84 | 355119.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 56,770,963 | 0.81 | 152193.0 |
| - | VODAFONE GROUP PLC | SPONSORED ADR | 92857W308 | 52,938,987 | 0.75 | 4002948.0 | |
| LEN | ADDED | LENNAR CORP | CL A | 526057104 | 50,420,938 | 0.72 | 557199.0 |
| - | THOR INDS INC | COM | 885160101 | 49,208,605 | 0.7 | 654718.0 | |
| - | GENERAL MTRS CO | COM | 37045V100 | 45,907,538 | 0.65 | 595583.0 | |
| JPM | REDUCED | JPMORGAN CHASE & CO | COM | 46625H100 | 45,595,105 | 0.65 | 139294.0 |
| - | ARROW ELECTRS INC | COM | 042735100 | 42,323,044 | 0.6 | 198318.0 | |
| FDX | REDUCED | FEDEX CORP | COM | 31428X106 | 41,914,016 | 0.6 | 133855.0 |
| C | REDUCED | CITIGROUP INC | COM NEW | 172967424 | 39,534,361 | 0.56 | 282469.0 |
| - | ELEVANCE HEALTH INC FORMERLY | COM | 036752103 | 30,572,167 | 0.43 | 79053.0 | |
| - | DOLLAR GEN CORP | COM | 256677105 | 26,364,794 | 0.37 | 229040.0 | |
| LBTYA | ADDED | LIBERTY GLOBAL LTD | COM CL A | G61188101 | 26,167,589 | 0.37 | 2301459.0 |
| - | ISHARES TR | 0-3 MTH TREASURY | 46436E718 | 21,821,934 | 0.31 | 216767.0 | |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 21,004,871 | 0.3 | 41977.0 | |
| DELL | REDUCED | DELL TECHNOLOGIES INC | CL C | 24703L202 | 14,494,036 | 0.21 | 33593.0 |
| LBTYA | ADDED | LIBERTY GLOBAL LTD | COM CL C | G61188127 | 12,856,019 | 0.18 | 1168729.0 |
| BCS | UNCHANGED | BARCLAYS PLC | ADR | 06738E204 | 12,194,440 | 0.17 | 454000.0 |
| DELL | REDUCED | DELL TECHNOLOGIES INC | CL C | 24703L202 | 10,874,949 | 0.15 | 25205.0 |
| PPLI | NEW | PEOPLE INC | COM NEW | 44891N208 | 7,901,761 | 0.11 | 171182.0 |
| PPLI | NEW | PEOPLE INC | COM NEW | 44891N208 | 5,568,927 | 0.08 | 120644.0 |
| - | COMSTOCK RES INC | COM | 205768302 | 5,522,131 | 0.08 | 370116.0 | |
| ECHO | ADDED | ECHOSTAR CORP | CL A | 278768106 | 5,304,086 | 0.08 | 52257.0 |
| - | JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 | 4,997,100 | 0.07 | 99982.0 | |
| - | SOUTHERN MO BANCORP INC | COM | 843380106 | 4,658,108 | 0.07 | 61122.0 | |
| MRK | ADDED | MERCK & CO INC | COM | 58933Y105 | 4,576,399 | 0.06 | 35614.0 |
| FPH | ADDED | FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 | 4,266,149 | 0.06 | 809516.0 |
| LILA | REDUCED | LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | 2,762,661 | 0.04 | 354642.0 |
| - | COMSTOCK RES INC | COM | 205768302 | 2,630,351 | 0.04 | 176297.0 | |
| MGM | ADDED | MGM RESORTS INTERNATIONAL | COM | 552953101 | 2,554,058 | 0.04 | 53421.0 |
| FPH | ADDED | FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 | 2,525,827 | 0.04 | 479284.0 |
| TLN | NEW | TALEN ENERGY CORP | COM | 87422Q109 | 2,497,690 | 0.04 | 6500.0 |
| APG | REDUCED | API GROUP CORP | COM STK | 00187Y100 | 2,487,597 | 0.04 | 58739.0 |
| ZD | ADDED | ZIFF DAVIS INC | COM | 48123V102 | 2,444,108 | 0.03 | 46670.0 |
| - | SOUTHERN MO BANCORP INC | COM | 843380106 | 2,278,527 | 0.03 | 29898.0 | |
| - | BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 2,246,550 | 0.03 | 3.0 | |
| ZD | ADDED | ZIFF DAVIS INC | COM | 48123V102 | 2,087,259 | 0.03 | 39856.0 |
| LEN | ADDED | LENNAR CORP | CL B | 526057302 | 1,935,918 | 0.03 | 21823.0 |
| MGM | ADDED | MGM RESORTS INTERNATIONAL | COM | 552953101 | 1,882,328 | 0.03 | 39371.0 |
| LEN | ADDED | LENNAR CORP | CL B | 526057302 | 1,668,014 | 0.02 | 18803.0 |
| - | JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 | 1,476,659 | 0.02 | 29545.0 | |
| ECHO | ADDED | ECHOSTAR CORP | CL A | 278768106 | 1,399,990 | 0.02 | 13793.0 |
| MRK | ADDED | MERCK & CO INC | COM | 58933Y105 | 710,862 | 0.01 | 5532.0 |
| - | INVESCO EXCHANGE TRADED FD T | S&P500 PUR VAL | 46137V258 | 474,971 | 0.01 | 4173.0 | |
| APG | REDUCED | API GROUP CORP | COM STK | 00187Y100 | 322,665 | 0.0 | 7619.0 |
| - | FEDEX FGHT HLDG CO INC | COMMON STOCK | 314352105 | 229,973 | 0.0 | 1523.0 | |
| NFE | UNCHANGED | NEW FORTRESS ENERGY INC | COM CL A | 644393100 | 43,572 | 0.0 | 120000.0 |
| - | FEDEX FGHT HLDG CO INC | COMMON STOCK | 314352105 | 1,510 | 0.0 | 10.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-29 | 7,044,021,643 | 70 | 9.318917 | 0.374239 | 19.852293 |
| 2026-03-31 | 2026-04-30 | 6,698,443,239 | 67 | 10.102597 | 0.398969 | 21.776582 |
| 2025-12-31 | 2026-02-05 | 6,413,298,180 | 64 | 10.052245 | 0.399027 | 21.414112 |
| 2025-09-30 | 2025-10-30 | 5,852,572,901 | 64 | 10.624154 | 0.423834 | 22.291214 |
| 2025-03-31 | 2025-05-06 | 4,779,708,638 | 72 | 11.689679 | 0.457991 | 25.22526 |
| 2024-12-31 | 2025-02-06 | 4,615,466,222 | 66 | 11.074602 | 0.434719 | 23.089453 |