13F HOLDINGS REPORT
ACR Alpine Capital Research, LLC
Quarter ended Q4 2025 · Filed February 5, 2026 · Accession 0001508822-26-000002
Total Value
$6.41B
Positions
64
Other Managers
1
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | GOLDMAN SACHS ETF TR | NVGLF | 6,539,954 | $653.6M | 10.19% |
| 2 | FEDEX CORP | FDX | 1,534,628 | $443.3M | 6.91% |
| 3 | JOHNSON & JOHNSON | JNJ | 1,963,454 | $406.3M | 6.34% |
| 4 | THOR INDS INC | 885160101 | 3,625,750 | $372.3M | 5.80% |
| 5 | CITIGROUP INC | C-PR | 3,096,643 | $361.3M | 5.63% |
| 6 | CHEVRON CORP NEW | CVX | 2,369,304 | $361.1M | 5.63% |
| 7 | ARROW ELECTRS INC | 042735100 | 3,016,321 | $332.3M | 5.18% |
| 8 | GENERAL MTRS CO | 37045V100 | 4,004,319 | $325.6M | 5.08% |
| 9 | DOLLAR GEN CORP NEW | 256677105 | 2,267,084 | $301.0M | 4.69% |
| 10 | MICROSOFT CORP | MSFT | 600,725 | $290.5M | 4.53% |
| 11 | LENNAR CORP | LEN-B | 2,797,529 | $287.6M | 4.48% |
| 12 | VODAFONE GROUP PLC NEW | 92857W308 | 21,389,215 | $282.6M | 4.41% |
| 13 | JPMORGAN CHASE & CO. | VYLD | 835,664 | $269.3M | 4.20% |
| 14 | MAGNA INTL INC | 559222401 | 4,805,264 | $256.1M | 3.99% |
| 15 | LIBERTY GLOBAL LTD | LBTYK | 19,450,885 | $216.7M | 3.38% |
| 16 | GOLDMAN SACHS ETF TR | NVGLF | 1,575,497 | $157.5M | 2.46% |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 183,679 | $92.3M | 1.44% |
| 18 | MAGNA INTL INC | 559222401 | 1,201,004 | $64.0M | 1.00% |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 82 | $61.9M | 0.97% |
| 20 | VODAFONE GROUP PLC NEW | 92857W308 | 4,681,432 | $61.8M | 0.96% |
| 21 | FEDEX CORP | FDX | 206,006 | $59.5M | 0.93% |
| 22 | LIBERTY GLOBAL LTD | LBTYK | 5,302,402 | $58.5M | 0.91% |
| 23 | CITIGROUP INC | C-PR | 493,053 | $57.5M | 0.90% |
| 24 | JOHNSON & JOHNSON | JNJ | 273,594 | $56.6M | 0.88% |
| 25 | GENERAL MTRS CO | 37045V100 | 680,705 | $55.4M | 0.86% |
| 26 | THOR INDS INC | 885160101 | 508,032 | $52.2M | 0.81% |
| 27 | CHEVRON CORP NEW | CVX | 340,893 | $52.0M | 0.81% |
| 28 | DOLLAR GEN CORP NEW | 256677105 | 358,527 | $47.6M | 0.74% |
| 29 | ARROW ELECTRS INC | 042735100 | 429,272 | $47.3M | 0.74% |
| 30 | MICROSOFT CORP | MSFT | 94,654 | $45.8M | 0.71% |
| 31 | JPMORGAN CHASE & CO. | VYLD | 141,524 | $45.6M | 0.71% |
| 32 | LENNAR CORP | LEN-B | 417,543 | $42.9M | 0.67% |
| 33 | INVESCO EXCHANGE TRADED FD T | IVZ | 344,851 | $35.6M | 0.56% |
| 34 | LIBERTY GLOBAL LTD | LBTYK | 2,096,085 | $23.4M | 0.36% |
| 35 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 41,309 | $20.8M | 0.32% |
| 36 | ISHARES TR | 46436E718 | 162,305 | $16.3M | 0.25% |
| 37 | LIBERTY GLOBAL LTD | LBTYK | 1,114,353 | $12.3M | 0.19% |
| 38 | BARCLAYS PLC | BCLYF | 454,000 | $11.6M | 0.18% |
| 39 | IAC INC | IAC | 240,080 | $9.4M | 0.15% |
| 40 | DELL TECHNOLOGIES INC | DELL | 63,301 | $8.0M | 0.12% |
| 41 | IAC INC | IAC | 190,907 | $7.5M | 0.12% |
| 42 | JEFFERIES FINL GROUP INC | 47233W109 | 90,478 | $5.6M | 0.09% |
| 43 | DELL TECHNOLOGIES INC | DELL | 43,521 | $5.5M | 0.09% |
| 44 | VANGUARD SCOTTSDALE FDS | 92206C102 | 86,500 | $5.1M | 0.08% |
| 45 | FIVE POINT HOLDINGS LLC | FPH | 764,264 | $4.3M | 0.07% |
| 46 | SOUTHERN MO BANCORP INC | SOMN | 67,116 | $4.0M | 0.06% |
| 47 | MERCK & CO INC | MRK | 35,061 | $3.7M | 0.06% |
| 48 | LIBERTY LATIN AMERICA LTD | LILAB | 396,983 | $3.0M | 0.05% |
| 49 | KENNEDY-WILSON HOLDINGS INC | KW | 252,044 | $2.4M | 0.04% |
| 50 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3 | $2.3M | 0.04% |
| 51 | API GROUP CORP | APG | 58,387 | $2.2M | 0.03% |
| 52 | KENNEDY-WILSON HOLDINGS INC | KW | 216,432 | $2.1M | 0.03% |
| 53 | FIVE POINT HOLDINGS LLC | FPH | 350,493 | $2.0M | 0.03% |
| 54 | LENNAR CORP | LEN-B | 18,744 | $1.8M | 0.03% |
| 55 | SOUTHERN MO BANCORP INC | SOMN | 23,916 | $1.4M | 0.02% |
| 56 | MGM RESORTS INTERNATIONAL | MGM | 33,074 | $1.2M | 0.02% |
| 57 | MGM RESORTS INTERNATIONAL | MGM | 32,432 | $1.2M | 0.02% |
| 58 | LENNAR CORP | LEN-B | 11,444 | $1.1M | 0.02% |
| 59 | INVESCO EXCHANGE TRADED FD T | IVZ | 8,143 | $841,660 | 0.01% |
| 60 | JEFFERIES FINL GROUP INC | 47233W109 | 5,280 | $327,202 | 0.01% |
| 61 | MERCK & CO INC | MRK | 1,835 | $193,152 | 0.00% |
| 62 | LIBERTY LATIN AMERICA LTD | LILAB | 20,989 | $156,578 | 0.00% |
| 63 | NEW FORTRESS ENERGY INC | NFE | 120,000 | $136,800 | 0.00% |
| 64 | API GROUP CORP | APG | 3,173 | $121,399 | 0.00% |