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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
Page 1 of 2  ·  36 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GBIL GOLDMAN SACHS ETF TR 11,133,728.0 $1.12B 16.65% +3.0M +37.2% $100.19 -0.1%
2 CVX CHEVRON CORPORATION Energy 2,748,684.0 $568.7M 8.49% +38K +1.4% $206.90 -7.7%
3 JNJ JOHNSON & JOHNSON Healthcare 2,157,384.0 $527.4M 7.87% -80K -3.6% $244.44 -5.2%
4 ARW ARROW ELECTRS INC Technology 3,578,313.0 $513.2M 7.66% +133K +3.9% $143.41 +48.4%
5 VOD VODAFONE GROUP PLC Communication Services 26,854,952.0 $403.4M 6.02% +784K +3.0% $15.02 +1.5%
6 C CITIGROUP INC Financial Services 3,544,555.0 $402.0M 6.00% -45K -1.3% $113.41 +10.4%
7 FDX FEDEX CORP Industrials 1,123,684.0 $400.2M 5.97% -617K -35.4% $356.18 +9.2%
8 THO THOR INDS INC Consumer Cyclical 4,903,124.0 $391.7M 5.85% +769K +18.6% $79.89 -6.4%
9 LEN LENNAR CORP Consumer Cyclical 4,212,111.0 $365.8M 5.46% +997K +31.0% $86.84 +2.3%
10 MSFT MICROSOFT CORP Technology 981,646.0 $363.4M 5.42% +286K +41.2% $370.17 +13.2%
11 GM GENERAL MTRS CO Consumer Cyclical 4,025,668.0 $299.9M 4.48% -659K -14.1% $74.50 +3.6%
12 JPM JPMORGAN CHASE & CO Financial Services 978,495.0 $287.8M 4.30% $294.16 +3.0%
13 LIBERTY GLOBAL LTD 23,644,817.0 $285.9M 4.27% +2.1M +9.7% $12.09
14 MGA MAGNA INTL INC Consumer Cyclical 4,847,446.0 $270.5M 4.04% -1.2M -19.3% $55.81 +13.0%
15 DG DOLLAR GEN CORP Consumer Defensive 1,122,565.0 $133.3M 1.99% -1.5M -57.2% $118.73 -11.5%
16 BERKSHIRE HATHAWAY INC DEL 224,661.0 $107.7M 1.61% $479.20
17 LIBERTY GLOBAL LTD 6,884,624.0 $80.8M 1.21% +468K +7.3% $11.73
18 BERKSHIRE HATHAWAY INC DEL 85.0 $61.0M 0.91% $718140.00
19 SGOV ISHARES TR 261,367.0 $26.3M 0.39% +99K +61.0% $100.66 -0.1%
20 DELL DELL TECHNOLOGIES INC Technology 116,886.0 $19.2M 0.29% +10K +9.4% $164.13 +54.1%
Page 1 of 2  ·  36 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 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%