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Portfolio (Quarterly) Guide ↗

ACR Alpine Capital Research, LLC

· CIK 0001508822
13F Portfolio $6.4B AUM Filed Feb 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 34 New
Page 1 of 2  ·  34 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GBIL GOLDMAN SACHS ETF TR 8,115,451.0 $811.1M 12.65% NEW $99.94 +0.1%
2 FDX FEDEX CORP Industrials 1,740,634.0 $502.8M 7.84% NEW $288.86 +31.5%
3 JNJ JOHNSON & JOHNSON Healthcare 2,237,048.0 $463.0M 7.22% NEW $206.95 +11.5%
4 THO THOR INDS INC Consumer Cyclical 4,133,782.0 $424.4M 6.62% NEW $102.67 -24.7%
5 C CITIGROUP INC Financial Services 3,589,696.0 $418.9M 6.53% NEW $116.69 +5.8%
6 CVX CHEVRON CORP NEW Energy 2,710,197.0 $413.1M 6.44% NEW $152.41 +22.5%
7 GM GENERAL MTRS CO Consumer Cyclical 4,685,024.0 $381.0M 5.94% NEW $81.32 -4.4%
8 ARW ARROW ELECTRS INC Technology 3,445,593.0 $379.6M 5.92% NEW $110.18 +89.1%
9 DG DOLLAR GEN CORP NEW Consumer Defensive 2,625,611.0 $348.6M 5.44% NEW $132.77 -20.9%
10 VOD VODAFONE GROUP PLC NEW Communication Services 26,070,647.0 $344.4M 5.37% NEW $13.21 +17.2%
11 MSFT MICROSOFT CORP Technology 695,379.0 $336.3M 5.24% NEW $483.62 -15.3%
12 LEN LENNAR CORP Consumer Cyclical 3,215,072.0 $330.5M 5.15% NEW $102.80 -17.1%
13 MGA MAGNA INTL INC Consumer Cyclical 6,006,268.0 $320.1M 4.99% NEW $53.30 +18.8%
14 JPM JPMORGAN CHASE & CO. Financial Services 977,188.0 $314.9M 4.91% NEW $322.22 -6.9%
15 LIBERTY GLOBAL LTD 21,546,970.0 $240.0M 3.74% NEW $11.14
16 BERKSHIRE HATHAWAY INC DEL 224,988.0 $113.1M 1.76% NEW $502.65
17 LIBERTY GLOBAL LTD 6,416,755.0 $70.8M 1.10% NEW $11.04
18 BERKSHIRE HATHAWAY INC DEL 85.0 $64.2M 1.00% NEW $754800.00
19 RPV INVESCO EXCHANGE TRADED FD T 352,994.0 $36.5M 0.57% NEW $103.36 +6.9%
20 IAC IAC INC Technology 430,987.0 $16.9M 0.26% NEW $39.10 +2.4%
Page 1 of 2  ·  34 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 28.9%
Financial Services 15.0%
Technology 14.8%
Industrials 10.0%
Healthcare 9.2%
Energy 8.2%
Consumer Defensive 6.9%
Communication Services 6.9%
Real Estate 0.2%
Utilities 0.0%