ACR Alpine Capital Research, LLC reported 36 positions worth $5.94B for the quarter ended Sep 30, 2026, up 4.7% on the prior quarter. It opened 3 new positions, added to 22, trimmed 9 and exited 2. Its largest holding is Microsoft Corp at 9.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ELV Elevance Health, Inc. | +181.1K | +24.5% | $70.42M | 6.02% |
| LEN Lennar Corp | +636.0K | +13.4% | $51.89M | 7.39% |
| THO Thor Industries Inc | +254.3K | +4.6% | $17.57M | 6.73% |
| GM General Motors Co | +198.4K | +4.5% | $15.28M | 6.03% |
| LBTYK Liberty Global Ltd. | +1.32M | +14.9% | $11.73M | 1.52% |
| C Citigroup Inc | +45.0K | +2.2% | $5.82M | 4.63% |
| BRC Brady Corp | +65.3K | – | $5.45M | 0.092% |
| TSN Tyson Foods, Inc. | +98.2K | – | $4.96M | 0.084% |
| ACN Accenture plc | +17.0K | – | $3.12M | 0.053% |
| PPLI People Inc | +71.2K | +24.4% | $2.99M | 0.257% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| FDX Fedex Corp | -260.4K | -23.4% | $74.24M | 4.09% |
| LBTYA Liberty Global Ltd. | -1.62M | -6.8% | $14.75M | 3.38% |
| DELL Dell Technologies Inc. | -19.7K | -33.6% | $10.61M | 0.354% |
| JNJ Johnson & Johnson | -14.7K | -0.7% | $3.90M | 9.51% |
| MGA Magna International Inc | -35.2K | -0.7% | $2.24M | 5.12% |
| SMBC Southern Missouri Bancorp, Inc. | -28.5K | -31.3% | $2.02M | 0.075% |
| ARW Arrow Electronics, Inc. | -8,444 | -0.6% | $1.92M | 5.54% |
| JPM Jpmorgan Chase & Co | -4,810 | -0.5% | $1.59M | 5.42% |
| BCS Barclays Plc | -24.0K | -5.3% | $582.48K | 0.176% |
| FDXF FedEx Freight Holding Company, Inc. | -1,533 | -100.0% | $231.48K | Exited |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 1.14M | $584.01M | 9.84% | +2,371 | +0.2% | Added | 0.02% |
| 2 | CVX Chevron Corp | Energy | 2.78M | $568.47M | 9.58% | +2,745 | +0.1% | Added | 0.14% |
| 3 | JNJ Johnson & Johnson | Healthcare | 2.13M | $564.36M | 9.51% | -14.7K | -0.7% | Reduced | 0.09% |
| 4 | LEN Lennar Corp | Consumer Discretionary | 5.38M | $438.89M | 7.39% | +636.0K | +13.4% | Added | 2.26% |
| 5 | THO Thor Industries Inc | Consumer Discretionary | 5.78M | $399.53M | 6.73% | +254.3K | +4.6% | Added | 11.04% |
| 6 | VOD Vodafone Group Public Ltd Co | Communication Services | 24.06M | $388.57M | 6.55% | +41.2K | +0.2% | Added | 0.99% |
| 7 | GM General Motors Co | Consumer Discretionary | 4.65M | $357.72M | 6.03% | +198.4K | +4.5% | Added | 0.53% |
| 8 | ELV Elevance Health, Inc. | Healthcare | 919.0K | $357.34M | 6.02% | +181.1K | +24.5% | Added | 0.42% |
| 9 | ARW Arrow Electronics, Inc. | Technology | 1.45M | $329.02M | 5.54% | -8,444 | -0.6% | Reduced | 2.83% |
| 10 | JPM Jpmorgan Chase & Co | Financial Services | 972.5K | $321.74M | 5.42% | -4,810 | -0.5% | Reduced | 0.04% |
| 11 | MGA Magna International Inc | Consumer Discretionary | 4.77M | $303.96M | 5.12% | -35.2K | -0.7% | Reduced | 1.69% |
| 12 | C Citigroup Inc | Others | 2.12M | $274.58M | 4.63% | +45.0K | +2.2% | Added | 0.12% |
| 13 | FDX Fedex Corp | Industrials | 851.9K | $242.88M | 4.09% | -260.4K | -23.4% | Reduced | 0.36% |
| 14 | DG Dollar General Corp | Consumer Staples | 1.74M | $207.78M | 3.5% | +10.3K | +0.6% | Added | 0.79% |
| 15 | LBTYA Liberty Global Ltd. | Communication Services | 21.98M | $200.68M | 3.38% | -1.62M | -6.8% | Reduced | 12.87% |
Tip. Select a row to see that position’s full history at ACR Alpine Capital Research.
As of its Q3 2026 13F filing, ACR Alpine Capital Research, LLC’s five largest positions were Microsoft Corp (MSFT) at 9.8%, Chevron Corp (CVX) at 9.6%, Johnson & Johnson (JNJ) at 9.5%, Lennar Corp (LEN) at 7.4%, Thor Industries Inc (THO) at 6.7% of the reported portfolio.
ACR Alpine Capital Research, LLC reported a 13F portfolio worth $5.94B across 36 positions for Q3 2026. That is up 4.7% from the previous quarter.
Its largest purchases by value were Elevance Health, Inc. ($70.42M), Lennar Corp ($51.89M), Thor Industries Inc ($17.57M). It opened 3 new positions.
Its largest sales by value were Fedex Corp ($74.24M), Liberty Global Ltd. ($14.75M), Dell Technologies Inc. ($10.61M). It exited 2 positions entirely.
From the Form 13F-HR reports ACR Alpine Capital Research, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.