ACR Alpine Capital Research, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), ACR Alpine Capital Research, LLC reported 35 stock positions worth $3.2 billion. Its top holding was Goldman Sachs Access Treasur (GBIL) at 15.3% of the portfolio, followed by Citigroup (C, 9.1%) and General Motors (GM, 9.1%). Compared with Q1 2024, it opened 1 new position, sold out of 5, added to 15 and reduced 13. The biggest buy was Liberty Global Class A (LBTYA, shares +11%) and the biggest sale Lennar Class A (LEN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0001508822
- Portfolio Value
- $3.2B (Q2 2024)
- SEC Filing
- 0001085146-24-003380 ↗ filed Aug 1, 2024
Holdings Value
Holdings 35 stocks · $3.2B
| GBIL Goldman Sachs Access Treasur | 15.30% | 4,950,929 | $495.5M | Reduce -0.7% |
| C Citigroup Inc. | 9.13% | 4,655,969 | $295.5M | Reduce -0.0% |
| GM General Motors Co. | 9.07% | 6,321,758 | $293.7M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.40% | 589,000 | $239.6M | Reduce -1.6% |
| MGA Magna International Inc. | 6.62% | 5,116,081 | $214.4M | Add +28.3% |
| MSFT Microsoft Corp. | 6.30% | 456,557 | $204.1M | Reduce -1.2% |
| JPM JPMorgan Chase & Co. | 6.29% | 1,006,985 | $203.7M | Reduce -1.0% |
| VOD Vodafone Group PLC-SP ADR | 5.99% | 21,870,016 | $194.0M | Add +1.2% |
| CVX Chevron Corp. | 5.75% | 1,190,921 | $186.3M | Add +0.4% |
| JNJ Johnson & Johnson | 5.32% | 1,178,374 | $172.2M | Add +4.9% |
| LEN Lennar Corp. Class A | 5.22% | 1,127,073 | $168.9M | Reduce -0.3% |
| FDX FedEx Corp. | 4.89% | 527,926 | $158.3M | Reduce -0.6% |
| LBTYK Liberty Global Ltd. Class C | 4.47% | 8,104,082 | $144.7M | Reduce -0.8% |
| THO Thor Industries Inc. | 4.40% | 1,524,303 | $142.4M | Add +4.3% |
| LBTYA Liberty Global Ltd. Class A | 1.65% | 3,058,910 | $53.3M | Add +11.5% |
| JEF Jefferies Financial Group Inc. | 0.37% | 240,196 | $12.0M | Add +1.2% |
| BCS Barclays PLC-Spons ADR | 0.35% | 1,069,922 | $11.5M | No change |
| DELL Dell Technologies -C | 0.34% | 79,986 | $11.0M | Reduce -17.9% |
| LEN.B Lennar Corp. Class B | 0.27% | 61,909 | $8.6M | Add +0.4% |
| LILAK Liberty Latin Americ Class C | 0.14% | 484,098 | $4.7M | Reduce -0.8% |
| MGM MGM Resorts International | 0.13% | 94,326 | $4.2M | Add +13.5% |
| PPLI People Inc. filed as IAC INC | 0.11% | 77,639 | $3.6M | Add +5.6% |
| FPH Five Point Holdings LLC Class A | 0.09% | 962,595 | $2.8M | Add +16.2% |
| SMBC Southern Missouri Bancorp | 0.08% | 60,860 | $2.7M | Add +24.9% |
| HHH Howard Hughes Holdings Inc. | 0.06% | 28,581 | $1.9M | Add +4.0% |
| HES Hess Corp. | 0.06% | 12,147 | $1.8M | Add +5.2% |
| NRDY Nerdy Inc. | 0.05% | 991,332 | $1.7M | Add +4.1% |
| MRK Merck & Co. Inc. | 0.05% | 12,514 | $1.5M | Reduce -29.4% |
| ARW Arrow Electronics Inc. | 0.04% | 10,182 | $1.2M | New |
| RPV Invesco S&P 500 Pure Value E | 0.02% | 9,264 | $773K | Reduce -77.3% |
| FND Floor & Decor Holdings Inc. Class A | 0.01% | 4,069 | $404K | No change |
| CRK Comstock Resources Inc. | 0.01% | 32,738 | $340K | No change |
| SLDP Solid Power Inc. | 0.00% | 85,000 | $140K | No change |
| EARN Ellington Credit Co. | 0.00% | 12,527 | $87K | No change |
| NINEQ Nine Energy Service Inc. | 0.00% | 15,000 | $25K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| LEN Lennar Corp. Class A | Reduce -0.3% | 5.22% | −0.68 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 7.40% | −0.23 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.10 |
| RPV Invesco S&P 500 Pure Value E | Reduce -77.3% | 0.02% | −0.09 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.03 |
| NWLI National Western Life Grou-A | Sold out | 0.00% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -29.4% | 0.05% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.02 |
| DELL Dell Technologies -C | Reduce -17.9% | 0.34% | +0.00 |
| LILAK Liberty Latin Americ Class C | Reduce -0.8% | 0.14% | +0.04 |
| GBIL Goldman Sachs Access Treasur | Reduce -0.7% | 15.30% | +0.05 |
| LBTYK Liberty Global Ltd. Class C | Reduce -0.8% | 4.47% | +0.10 |
| JPM JPMorgan Chase & Co. | Reduce -1.0% | 6.29% | +0.11 |
| C Citigroup Inc. | Reduce -0.0% | 9.13% | +0.20 |
| FDX FedEx Corp. | Reduce -0.6% | 4.89% | +0.23 |
| GM General Motors Co. | Reduce -0.3% | 9.07% | +0.36 |
| MSFT Microsoft Corp. | Reduce -1.2% | 6.30% | +0.40 |
Portfolio Buys Q1 2024 → Q2 2024
| LBTYA Liberty Global Ltd. Class A | Add +11.5% | 1.65% | +0.24 |
| VOD Vodafone Group PLC-SP ADR | Add +1.2% | 5.99% | +0.16 |
| CVX Chevron Corp. | Add +0.4% | 5.75% | +0.08 |
| JEF Jefferies Financial Group Inc. | Add +1.2% | 0.37% | +0.05 |
| ARW Arrow Electronics Inc. | New | 0.04% | +0.04 |
| MGA Magna International Inc. | Add +28.3% | 6.62% | +0.03 |
| SMBC Southern Missouri Bancorp | Add +24.9% | 0.08% | +0.02 |
| MGM MGM Resorts International | Add +13.5% | 0.13% | +0.01 |
| FPH Five Point Holdings LLC Class A | Add +16.2% | 0.09% | +0.01 |
| HES Hess Corp. | Add +5.2% | 0.06% | +0.00 |
| HHH Howard Hughes Holdings Inc. | Add +4.0% | 0.06% | −0.00 |
| PPLI People Inc. | Add +5.6% | 0.11% | −0.01 |
| LEN.B Lennar Corp. Class B | Add +0.4% | 0.27% | −0.02 |
| NRDY Nerdy Inc. | Add +4.1% | 0.05% | −0.03 |
| JNJ Johnson & Johnson | Add +4.9% | 5.32% | −0.07 |
| THO Thor Industries Inc. | Add +4.3% | 4.40% | −0.80 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $7.0B | GBIL, JNJ, CVX, LEN, MSFT |
| Q1 2026 | 36 | $6.7B | GBIL, CVX, JNJ, ARW, VOD |
| Q4 2025 | 34 | $6.4B | GBIL, FDX, JNJ, THO, C |
| Q3 2025 | 35 | $5.9B | GBIL, GM, THO, JNJ, FDX |
| Q2 2025 | 36 | $5.6B | GBIL, C, DG, THO, GM |
| Q1 2025 | 41 | $4.8B | GBIL, FDX, JNJ, DG, C |
| Q4 2024 | 38 | $4.6B | GBIL, C, GM, CVX, JPM |
| Q3 2024 | 37 | $3.4B | GBIL, C, GM, MGA, VOD |
| Q2 2024 | 35 | $3.2B | GBIL, C, GM, BRK.B, MGA |
| Q1 2024 | 39 | $3.3B | GBIL, C, GM, BRK.B, MGA |