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Portfolio (Quarterly) Guide ↗

ACR Alpine Capital Research, LLC

· CIK 0001508822
13F Portfolio $6.7B AUM 67 positions Filed Apr 30, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 4 New 19 Added 7 Reduced 2 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 JNJ JOHNSON & JOHNSON Healthcare 2,157,384.0 $527.4M 7.87% -80K -3.6% $244.44 -5.2%
2 C CITIGROUP INC Financial Services 3,544,555.0 $402.0M 6.00% -45K -1.3% $113.41 +10.4%
3 FDX FEDEX CORP Industrials 1,123,684.0 $400.2M 5.97% -617K -35.4% $356.18 +9.2%
4 GM GENERAL MTRS CO Consumer Cyclical 4,025,668.0 $299.9M 4.48% -659K -14.1% $74.50 +3.6%
5 MGA MAGNA INTL INC Consumer Cyclical 4,847,446.0 $270.5M 4.04% -1.2M -19.3% $55.81 +13.0%
6 DG DOLLAR GEN CORP Consumer Defensive 1,122,565.0 $133.3M 1.99% -1.5M -57.2% $118.73 -11.5%
7 KW KENNEDY-WILSON HOLDINGS INC Real Estate 354,611.0 $3.8M 0.06% -114K -24.3% $10.82 +1.7%

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 26.5%
Technology 18.2%
Financial Services 14.2%
Energy 11.3%
Healthcare 10.6%
Communication Services 8.2%
Industrials 8.0%
Consumer Defensive 2.7%
Real Estate 0.2%
Utilities 0.0%