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ACR Alpine Capital Research, LLC

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13F filer, CIK 1508822, ST. LOUIS, MO

ACR Alpine Capital Research, LLC reported $6,413,298,180 across 34 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-05. Its ten largest share positions make up 69.96% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001508822-26-000002

Period
2025-12-31
Reported value
$6.41B
Holdings
34
Top 10 weight
69.96%
New
2
Sold out
3

Part of the filer group ACR Alpine Capital Research, LLC

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
GBILadded+3,346,794$334M
ARWadded+1,028,778$113M
RPVnew+352,994$36.5M
CVXadded+238,630$36.4M
LENadded+335,041$34.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GMreduced-2,551,975-$208M
DGreduced-1,269,795-$169M
JPMreduced-123,030-$39.6M
LBTYKreduced-708,551-$7.82M
MGMreduced-115,283-$4.21M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001508822-26-000002, largest first. % of portfolio is the value over $6,413,298,180, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GBILGOLDMAN SACHS ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,170,045 shares; 2024Q4: 5,145,235 shares; 2025Q1: 4,177,961 shares; 2025Q2: 4,993,717 shares; 2025Q3: 4,768,657 shares; 2025Q4: 8,115,451 shares 8,115,451$811M12.65%+3,346,794Timeline
FDXFEDEX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 523,597 shares; 2024Q4: 852,767 shares; 2025Q1: 1,585,033 shares; 2025Q2: 1,594,721 shares; 2025Q3: 1,726,667 shares; 2025Q4: 1,740,634 shares 1,740,634$503M7.84%+13,967Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,184,419 shares; 2024Q4: 1,840,237 shares; 2025Q1: 2,226,559 shares; 2025Q2: 2,228,942 shares; 2025Q3: 2,232,076 shares; 2025Q4: 2,237,048 shares 2,237,048$463M7.22%+4,972Timeline
THOTHOR INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,523,648 shares; 2024Q4: 2,142,966 shares; 2025Q1: 3,482,917 shares; 2025Q2: 4,265,031 shares; 2025Q3: 4,107,070 shares; 2025Q4: 4,133,782 shares 4,133,782$424M6.62%+26,712Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,043,284 shares; 2024Q4: 5,760,128 shares; 2025Q1: 5,177,452 shares; 2025Q2: 5,695,946 shares; 2025Q3: 3,601,290 shares; 2025Q4: 3,589,696 shares 3,589,696$419M6.53%-11,594Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,424,914 shares; 2024Q4: 2,159,396 shares; 2025Q1: 2,193,567 shares; 2025Q2: 2,419,150 shares; 2025Q3: 2,471,567 shares; 2025Q4: 2,710,197 shares 2,710,197$413M6.44%+238,630Timeline
GMGENERAL MTRS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,292,876 shares; 2024Q4: 7,397,404 shares; 2025Q1: 7,691,140 shares; 2025Q2: 7,690,243 shares; 2025Q3: 7,236,999 shares; 2025Q4: 4,685,024 shares 4,685,024$381M5.94%-2,551,975Timeline
ARWARROW ELECTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,180 shares; 2024Q4: 17,327 shares; 2025Q1: 86,541 shares; 2025Q2: 2,156,373 shares; 2025Q3: 2,416,815 shares; 2025Q4: 3,445,593 shares 3,445,593$380M5.92%+1,028,778Timeline
DGDOLLAR GEN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,401 shares; 2024Q4: 4,041,471 shares; 2025Q1: 4,197,437 shares; 2025Q2: 4,177,842 shares; 2025Q3: 3,895,406 shares; 2025Q4: 2,625,611 shares 2,625,611$349M5.44%-1,269,795Timeline
VODVODAFONE GROUP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,908,675 shares; 2024Q4: 22,006,311 shares; 2025Q1: 25,696,928 shares; 2025Q2: 25,866,761 shares; 2025Q3: 26,095,086 shares; 2025Q4: 26,070,647 shares 26,070,647$344M5.37%-24,439Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 451,237 shares; 2024Q4: 693,056 shares; 2025Q1: 700,762 shares; 2025Q2: 712,318 shares; 2025Q3: 693,079 shares; 2025Q4: 695,379 shares 695,379$336M5.24%+2,300Timeline
LENLENNAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 834,121 shares; 2024Q4: 1,663,322 shares; 2025Q1: 2,679,944 shares; 2025Q2: 2,955,813 shares; 2025Q3: 2,880,031 shares; 2025Q4: 3,215,072 shares 3,215,072$331M5.15%+335,041Timeline
MGAMAGNA INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,631,939 shares; 2024Q4: 5,535,698 shares; 2025Q1: 5,982,399 shares; 2025Q2: 6,018,606 shares; 2025Q3: 6,076,011 shares; 2025Q4: 6,006,268 shares 6,006,268$320M4.99%-69,743Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 996,942 shares; 2024Q4: 1,296,290 shares; 2025Q1: 1,124,542 shares; 2025Q2: 1,139,366 shares; 2025Q3: 1,100,218 shares; 2025Q4: 977,188 shares 977,188$315M4.91%-123,030Timeline
LBTYALIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,010,235 shares; 2024Q4: 17,376,978 shares; 2025Q1: 19,835,384 shares; 2025Q2: 20,518,151 shares; 2025Q3: 21,237,740 shares; 2025Q4: 21,546,970 shares 21,546,970$240M3.74%+309,230Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 467,186 shares; 2024Q4: 457,508 shares; 2025Q1: 229,287 shares; 2025Q2: 226,321 shares; 2025Q3: 226,049 shares; 2025Q4: 224,988 shares 224,988$113M1.76%-1,061Timeline
LBTYKLIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,843,270 shares; 2024Q4: 7,475,928 shares; 2025Q1: 7,303,923 shares; 2025Q2: 7,188,227 shares; 2025Q3: 7,125,306 shares; 2025Q4: 6,416,755 shares 6,416,755$70.8M1.1%-708,551Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 148 shares; 2025Q1: 85 shares; 2025Q2: 85 shares; 2025Q3: 85 shares; 2025Q4: 85 shares 85$64.2M1%0Timeline
RPVINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 88,380 shares; 2024Q4: 229,614 shares; 2025Q1: 4,091 shares; 2025Q2: 21,062 shares; 2025Q3: not reported; 2025Q4: 352,994 shares 352,994$36.5M0.57%newTimeline
PPLIPEOPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 88,551 shares; 2024Q4: 87,610 shares; 2025Q1: 163,727 shares; 2025Q2: 168,437 shares; 2025Q3: 181,719 shares; 2025Q4: 430,987 shares 430,987$16.9M0.26%+249,268Timeline
SGOVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 96,000 shares; 2025Q4: 162,305 shares 162,305$16.3M0.25%+66,305Timeline
DELLDELL TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 85,380 shares; 2024Q4: 90,396 shares; 2025Q1: 106,642 shares; 2025Q2: 104,395 shares; 2025Q3: 105,217 shares; 2025Q4: 106,822 shares 106,822$13.4M0.21%+1,605Timeline
BCSBARCLAYS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,020,922 shares; 2024Q4: 936,922 shares; 2025Q1: 793,122 shares; 2025Q2: 658,122 shares; 2025Q3: 454,000 shares; 2025Q4: 454,000 shares 454,000$11.6M0.18%0Timeline
FPHFIVE POINT HOLDINGS LLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,097,165 shares; 2024Q4: 965,658 shares; 2025Q1: 998,198 shares; 2025Q2: 1,008,398 shares; 2025Q3: 1,062,657 shares; 2025Q4: 1,114,757 shares 1,114,757$6.23M0.1%+52,100Timeline
JEFJEFFERIES FINANCIAL GROUP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 143,348 shares; 2024Q4: 106,814 shares; 2025Q1: 36,155 shares; 2025Q2: 53,280 shares; 2025Q3: 53,352 shares; 2025Q4: 95,758 shares 95,758$5.93M0.09%+42,406Timeline
SMBCSOUTHERN MO BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,991 shares; 2024Q4: 47,476 shares; 2025Q1: 48,543 shares; 2025Q2: 48,565 shares; 2025Q3: 53,207 shares; 2025Q4: 91,032 shares 91,032$5.38M0.08%+37,825Timeline
VGSHVANGUARD SCOTTSDALE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 86,500 shares 86,500$5.08M0.08%newTimeline
KWKENNEDY-WILSON HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 113,483 shares; 2025Q2: 181,868 shares; 2025Q3: 185,589 shares; 2025Q4: 468,476 shares 468,476$4.53M0.07%+282,887Timeline
MRKMERCK & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,625 shares; 2024Q4: 27,539 shares; 2025Q1: 33,126 shares; 2025Q2: 33,822 shares; 2025Q3: 36,139 shares; 2025Q4: 36,896 shares 36,896$3.88M0.06%+757Timeline
LILAKLIBERTY LATIN AMERICA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 435,975 shares; 2024Q4: 430,914 shares; 2025Q1: 426,505 shares; 2025Q2: 588,958 shares; 2025Q3: 587,130 shares; 2025Q4: 417,972 shares 417,972$3.12M0.05%-169,158Timeline
LEN-BLENNAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 38,710 shares; 2024Q4: 38,723 shares; 2025Q1: 33,347 shares; 2025Q2: 35,761 shares; 2025Q3: 28,883 shares; 2025Q4: 30,188 shares 30,188$2.87M0.04%+1,305Timeline
MGMMGM RESORTS INTERNATIONALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 131,385 shares; 2024Q4: 161,990 shares; 2025Q1: 173,221 shares; 2025Q2: 175,194 shares; 2025Q3: 180,789 shares; 2025Q4: 65,506 shares 65,506$2.39M0.04%-115,283Timeline
APGAPI GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 26,490 shares; 2025Q2: 39,472 shares; 2025Q3: 60,153 shares; 2025Q4: 61,560 shares 61,560$2.36M0.04%+1,407Timeline
NFENEW FORTRESS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 120,000 shares; 2025Q4: 120,000 shares 120,000$137K<0.01%0Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CORZCORE SCIENTIFIC INC NEW155,000$2.78Mshares
SLDPSOLID POWER INC85,000$295Kshares
NINE ENERGY SERVICE INCNINE ENERGY SERVICE INC15,000$9.48Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001508822-26-000002 base2026-02-05acceptance time not in the bulk data set