ACR Alpine Capital Research, LLC
Filing Date
Global Rank
#633
/ 8,622
▲ 21
· as of Mar 2026
Top Industry
Banks - Diversified
12.9%
3Y Alpha vs SPY
+0.5%
Period ended 4 months ago
Filed Apr 30, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+73.7%
SPY
+67.9%
Annualised alpha
+1.4%
Max drawdown
−17.4%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
30 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
10.5%
+1.2 pts
Top 5
44.6%
+3.5 pts
Top 10
78.3%
+4.1 pts
HHI
727
Diversified+36
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 24.6% | $1,331,285,556 |
| Technology | 16.6% | $895,726,265 |
| Financial Services | 15.2% | $822,379,145 |
| Communication Services | 13.2% | $711,785,284 |
| Energy | 10.5% | $569,154,818 |
| Healthcare | 9.8% | $532,096,263 |
| Industrials | 7.4% | $402,926,517 |
| Consumer Defensive | 2.5% | $133,282,142 |
| Real Estate | 0.2% | $9,786,483 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
16 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| LBTYA | Liberty Global Ltd. | +2,097,847 | 23,644,817 | $285,865,837 | |
| LEN | Lennar Corp /New/ | +997,039 | 4,212,111 | $365,779,719 | |
| VOD | Vodafone Group Public Ltd Co | +784,305 | 26,854,952 | $403,361,378 | |
| THO | Thor Industries Inc | +769,342 | 4,903,124 | $391,710,576 | |
| MSFT | Microsoft Corp | +286,267 | 981,646 | $363,375,899 | |
| ARW | Arrow Electronics, Inc. | +132,720 | 3,578,313 | $513,165,867 | |
| FPH | Five Point Holdings, LLC | +114,498 | 1,229,255 | $5,949,593 | |
| CVX | Chevron Corp | +38,487 | 2,748,684 | $568,702,718 | |
| JEF | Jefferies Financial Group Inc. | +29,012 | 124,770 | $5,149,257 | |
| MGM | MGM Resorts International | +24,930 | 90,436 | $3,347,035 | |
| PPLI | People Inc | +19,801 | 450,788 | $18,045,042 | |
| DELL | Dell Technologies Inc. | +10,064 | 116,886 | $19,184,499 | |
| APG | APi Group Corp | +4,894 | 66,454 | $2,692,716 | |
| SMBC | Southern Missouri Bancorp, Inc. | +3,675 | 94,707 | $6,055,565 | |
| MRK | Merck & Co., Inc. | +2,553 | 39,449 | $4,745,319 | |
| JPM | Jpmorgan Chase & Co | +1,307 | 978,495 | $287,834,088 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DG | Dollar General Corp | −1,503,046 | 1,122,565 | $133,282,142 | |
| MGA | Magna International Inc | −1,158,822 | 4,847,446 | $270,535,960 | |
| GM | General Motors Co | −659,356 | 4,025,668 | $299,912,266 | |
| FDX | Fedex Corp | −616,950 | 1,123,684 | $400,233,801 | |
| KW | Kennedy-Wilson Holdings, Inc. | −113,865 | 354,611 | $3,836,890 | |
| JNJ | Johnson & Johnson | −79,664 | 2,157,384 | $527,350,944 | |
| C | Citigroup Inc | −45,141 | 3,544,555 | $401,987,982 | |
| BRK-B | Berkshire Hathaway Inc | −327 | 224,661 | $107,657,551 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
4 positions
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
30 tracked positions ·
$5,408,422,473 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CVX |
Chevron Corp
Energy
|
Added | 2,748,684 | $568,702,718 | 10.52% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 2,157,384 | $527,350,944 | 9.75% | |
| ARW |
Arrow Electronics, Inc.
Technology
|
Reduced | 3,578,313 | $513,165,867 | 9.49% | |
| VOD |
Vodafone Group Public Ltd Co
Communication Services
|
Added | 26,854,952 | $403,361,378 | 7.46% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 3,544,555 | $401,987,982 | 7.43% | |
| FDX |
Fedex Corp
Industrials
|
Reduced | 1,123,684 | $400,233,801 | 7.40% | |
| THO |
Thor Industries Inc
Consumer Cyclical
|
Added | 4,903,124 | $391,710,576 | 7.24% | |
| LEN |
Lennar Corp /New/
Consumer Cyclical
|
Added | 4,212,111 | $365,779,719 | 6.76% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 981,646 | $363,375,899 | 6.72% | |
| GM |
General Motors Co
Consumer Cyclical
|
Reduced | 4,025,668 | $299,912,266 | 5.55% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 978,495 | $287,834,088 | 5.32% | |
| LBTYA |
Liberty Global Ltd.
Communication Services
|
Added | 23,644,817 | $285,865,837 | 5.29% | |
| MGA |
Magna International Inc
Consumer Cyclical
|
Reduced | 4,847,446 | $270,535,960 | 5.00% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Reduced | 1,122,565 | $133,282,142 | 2.46% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 224,661 | $107,657,551 | 1.99% | |
| DELL |
Dell Technologies Inc.
Technology
|
Added | 116,886 | $19,184,499 | 0.35% | |
| PPLI |
People Inc
Communication Services
|
Added | 450,788 | $18,045,042 | 0.33% | |
| BCS |
Barclays PLC
Financial Services
|
Held | 454,000 | $9,606,640 | 0.18% | |
| SMBC |
Southern Missouri Bancorp, Inc.
Financial Services
|
Added | 94,707 | $6,055,565 | 0.11% | |
| FPH |
Five Point Holdings, LLC
Real Estate
|
Added | 1,229,255 | $5,949,593 | 0.11% | |
| JEF |
Jefferies Financial Group Inc.
Financial Services
|
Added | 124,770 | $5,149,257 | 0.10% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 39,449 | $4,745,319 | 0.09% | |
| DHIL |
DIAMOND HILL INVESTMENT GROUP INC
Financial Services
|
NEW | 23,754 | $4,088,062 | 0.08% | |
| KW |
Kennedy-Wilson Holdings, Inc.
Real Estate
|
Reduced | 354,611 | $3,836,890 | 0.07% | |
| MGM |
MGM Resorts International
Consumer Cyclical
|
Added | 90,436 | $3,347,035 | 0.06% | |
| ZD |
Ziff Davis, Inc.
Communication Services
|
NEW | 72,680 | $3,049,652 | 0.06% | |
| APG |
APi Group Corp
Industrials
|
Added | 66,454 | $2,692,716 | 0.05% | |
| ECHO |
EchoStar CORP
Communication Services
|
NEW | 12,500 | $1,463,375 | 0.03% | |
| NINE |
Nine Energy Service, Inc.
Energy
|
NEW | 46,500 | $381,300 | 0.01% | |
| NFE |
New Fortress Energy Inc.
Energy
|
Held | 120,000 | $70,800 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.