ACR Alpine Capital Research, LLC — 13F Holdings & Portfolio
CIK 1508822 · latest 13F-HR filed 2026-07-29
ACR Alpine Capital Research, LLC manages $7.04B in 13F-reported U.S. long-equity assets across 70 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GBIL (15.69%), JNJ (6.76%), CVX (5.71%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions and exited 3; 20 existing positions rose in reported value and 10 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$7.04B
Long-equity book
Holdings
70
Distinct positions
Period
2026-06-30
Filed 2026-07-29
Q/Q Activity
+5 / −3 / ↑20 / ↓10
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26GBIL19.2% · +21%JNJ7.7% · -0%CVX6.5% · +1%LEN6.1% · +13%MSFT6.0% · +16%THO5.9% · +13%FDX4.9% · -1%GM4.9% · +10%JPM4.5% · -0%VOD4.5% · -11%MGA4.5% · -1%ARW4.4% · -59%C4.1% · -41%ELV4.1% · newLBTYA3.8% · -0%DG2.8% · +54%BRK.B1.7% · +8%LBTYK1.4% · +28%BRK.A0.9% · 0%DELL0.4% · -50%SGOV0.3% · -17%IAC0.2% · newBCS0.2% · 0%CRK0.1% · newSMBC0.1% · -4%FPH0.1% · +5%SATS0.1% · newJEF0.1% · +4%MRK0.1% · +4%ZD0.1% · +19%MGM0.1% · +3%LEN.B0.1% · +20%APG0.0% · -0%LILAK0.0% · -15%TLN0.0% · newRPV0.0% · newFDXF0.0% · newNFE0.0% · 0%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 70.4%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Jun 24, 2026.
Assets Under Management
$10.79B
Discretionary
$8.19B
Employees
35
Accounts
7,168
Address
190 CARONDELET PLAZA
SUITE 1300
ST. LOUIS, MO 63105
SUITE 1300
ST. LOUIS, MO 63105
Phone
(314) 932-7600
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| ACR ALPINE CAPITAL RESEARCH, LP Control | DIRECT OWNER since May 2018 | 75% or more | Domestic Entity |
| TOMPRAS, NICHOLAS, VIRGIL Control | CHIEF EXECUTIVE OFFICER AND CO-CHIEF INVESTMENT OFFICER since Nov 1999 | Less than 5% | Individual |
| NAKUM, MITUL, DEVJI | CHIEF OPERATING OFFICER since Mar 2017 | Less than 5% | Individual |
| PIECHOWSKI, TIMOTHY, PAUL | CO-CHIEF INVESTMENT OFFICER since May 2025 | Less than 5% | Individual |
| SCHILPZAND, WILLEM, Eduard | PRESIDENT since May 2025 | Less than 5% | Individual |
| STOWELL III, JOSEPH, FRANCIS | CHIEF COMPLIANCE OFFICER since Jul 2018 | Less than 5% | Individual |
| ACR ALPINE CAPITAL GP, LLC Control Indirect owner via ACR ALPINE CAPITAL RESEARCH, LP | GENERAL PARTNER since May 2018 | General partner, trustee or manager | Domestic Entity |
| ALPINE HOLDINGS CORP Control Indirect owner via ALPINE INVESTMENT MANAGEMENT, LLC | SOLE MEMBER since Jul 2022 | 75% or more | Domestic Entity |
| ALPINE INVESTMENT MANAGEMENT, LLC Control Indirect owner via ACR ALPINE CAPITAL GP, LLC | ELECTED MANAGER since May 2018 | 75% or more | Domestic Entity |
| NICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED Control Indirect owner via ALPINE HOLDINGS CORP | SOLE DIRECTOR since Jul 2022 | 75% or more | Domestic Entity |
| TOMPRAS, NICHOLAS, VIRGIL Control Indirect owner via NICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED | TRUSTEE since Dec 2016 | General partner, trustee or manager | Individual |
| Tompras, Jennifer Control Indirect owner via NICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED | TRUSTEE since Dec 2016 | General partner, trustee or manager | Individual |
Ownership & leadership changes · 11 filings with changes since Mar 2, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jul 31, 2025 filing
- No longer listedGRAYSON, DARRYL, STEPHEN · MANAGING DIRECTOR · Less than 5% · listed since Sep 2015
- No longer listedSCIBELLI, ANTHONY, CHRISTOPHER · MANAGING DIRECTOR · Less than 5% · listed since Sep 2016
- AddedPIECHOWSKI, TIMOTHY, PAUL · CO-CHIEF INVESTMENT OFFICER · Less than 5%
- AddedSCHILPZAND, WILLEM, Eduard · PRESIDENT · Less than 5%
- ChangedTOMPRAS, NICHOLAS, VIRGIL · title CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER → CHIEF EXECUTIVE OFFICER AND CO-CHIEF INVESTMENT OFFICER
Mar 29, 2024 filing
- No longer listedTOMPRAS, NICHOLAS, VIRGIL · MANAGING MEMBER · 75% or more · indirect via ALPINE INVESTMENT MANAGEMENT, LLC · control person · listed since Dec 2016
- AddedALPINE HOLDINGS CORP · SOLE MEMBER · 75% or more · indirect via ALPINE INVESTMENT MANAGEMENT, LLC · control person
- AddedNICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED · SOLE DIRECTOR · 75% or more · indirect via ALPINE HOLDINGS CORP · control person
- AddedTOMPRAS, NICHOLAS, VIRGIL · TRUSTEE · General partner, trustee or manager · indirect via NICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED · control person
- AddedTompras, Jennifer · TRUSTEE · General partner, trustee or manager · indirect via NICHOLAS V TOMPRAS LIVING TRUST 9/23/23 AS AMENDED · control person
Mar 30, 2021 filing
- No longer listedMACE, STEPHEN, ALAN · PRESIDENT · Less than 5% · listed since Dec 2016
Jul 12, 2018 filing
- No longer listedHARDIN, MATTHEW, STEPHEN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Oct 2016
- AddedSTOWELL III, JOSEPH, FRANCIS · CHIEF COMPLIANCE OFFICER · Less than 5%
May 7, 2018 filing
- No longer listedALPINE INVESTMENT MANAGEMENT, LLC · MANAGING MEMBER · 75% or more · control person · listed since Dec 2016
- AddedACR ALPINE CAPITAL GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via ACR ALPINE CAPITAL RESEARCH, LP · control person
- AddedACR ALPINE CAPITAL RESEARCH, LP · DIRECT OWNER · 75% or more · control person
- AddedALPINE INVESTMENT MANAGEMENT, LLC · ELECTED MANAGER · 75% or more · indirect via ACR ALPINE CAPITAL GP, LLC · control person
Aug 9, 2017 filing
- AddedNAKUM, MITUL, DEVJI · CHIEF OPERATING OFFICER · Less than 5%
Jan 26, 2017 filing
- No longer listedRUFKAHR, BRETT, ALAN · CHIEF OPERATING OFFICER · Less than 5% · listed since Jun 2013
- No longer listedSTANTON, MICHAEL, PHILIP · MANAGING DIRECTOR · Less than 5% · listed since Jun 2014
- AddedALPINE INVESTMENT MANAGEMENT, LLC · MANAGING MEMBER · 75% or more · control person
- AddedMACE, STEPHEN, ALAN · PRESIDENT · Less than 5%
- AddedTOMPRAS, NICHOLAS, VIRGIL · MANAGING MEMBER · 75% or more · indirect via ALPINE INVESTMENT MANAGEMENT, LLC · control person
- ChangedTOMPRAS, NICHOLAS, VIRGIL · title PRESIDENT → CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER; ownership 75% or more → Less than 5%
Oct 14, 2016 filing
- AddedHARDIN, MATTHEW, STEPHEN · CHIEF COMPLIANCE OFFICER · Less than 5%
- ChangedRUFKAHR, BRETT, ALAN · title CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER → CHIEF OPERATING OFFICER
Mar 31, 2016 filing
- AddedSCIBELLI, ANTHONY, CHRISTOPHER · MANAGING DIRECTOR · Less than 5%
- AddedSTANTON, MICHAEL, PHILIP · MANAGING DIRECTOR · Less than 5%
- ChangedGRAYSON, DARRYL, STEPHEN · title DIRECTOR CLIENT RELATIONS AND BUSINESS DEVELOPMENT → MANAGING DIRECTOR
- ChangedRUFKAHR, BRETT, ALAN · no longer a control person
Nov 6, 2013 filing
- AddedRUFKAHR, BRETT, ALAN · CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER · Less than 5% · control person
- ChangedTOMPRAS, NICHOLAS, VIRGIL · title CHIEF COMPLIANCE OFFICER / PRESIDENT → PRESIDENT
Older changes (2 more filings)
Apr 1, 2013 filing
- ChangedGRAYSON, DARRYL, STEPHEN · title CHIEF OPERATING OFFICER → DIRECTOR CLIENT RELATIONS AND BUSINESS DEVELOPMENT
Mar 2, 2012 filing (earliest on record)
- ListedGRAYSON, DARRYL, STEPHEN · CHIEF OPERATING OFFICER · Less than 5%
- ListedTOMPRAS, NICHOLAS, VIRGIL · CHIEF COMPLIANCE OFFICER / PRESIDENT · 75% or more · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- GOLDMAN SACHS ETF TR$237.9M +21.3%
- DOLLAR GEN CORP$65.5M +49.2%
- LENNAR CORP$63.4M +17.3%
- MICROSOFT CORP$60.5M +16.6%
- MAGNA INTL INC$45.2M +16.7%
Top Trims
- ARROW ELECTRS INC-$202.0M -39.4%
- CITIGROUP INC-$111.5M -27.7%
- CHEVRON CORPORATION-$107.7M -18.9%
- VODAFONE GROUP PLC-$85.7M -21.2%
- FEDEX CORP-$51.9M -13.0%
New Positions
- ELEVANCE HEALTH INC FORMERLY$285.4M
- COMSTOCK RES INC$8.2M
- TALEN ENERGY CORP$2.5M
- INVESCO EXCHANGE TRADED FD T$475.0K
- FEDEX FGHT HLDG CO INC$231.5K
Exited Positions
Show all 3 →ACR Alpine Capital Research, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | GOLDMAN SACHS ETF TR | GBIL | 381430529 | $1.11B | 15.69% | 11,036,603 | SH |
| 2 | JOHNSON & JOHNSON | JNJ | 478160104 | $476.3M | 6.76% | 1,875,601 | SH |
| 3 | CHEVRON CORPORATION | CVX | 166764100 | $402.1M | 5.71% | 2,425,872 | SH |
| 4 | LENNAR CORP | LEN | 526057104 | $378.8M | 5.38% | 4,186,051 | SH |
| 5 | MICROSOFT CORP | MSFT | 594918104 | $367.1M | 5.21% | 984,080 | SH |
| 6 | THOR INDS INC | THO | 885160101 | $366.2M | 5.20% | 4,872,838 | SH |
| 7 | FEDEX CORP | FDX | 31428X106 | $306.4M | 4.35% | 978,484 | SH |
| 8 | GENERAL MTRS CO | GM | 37045V100 | $296.9M | 4.21% | 3,851,688 | SH |
| 9 | JPMORGAN CHASE & CO | JPM | 46625H100 | $274.3M | 3.89% | 838,051 | SH |
| 10 | ARROW ELECTRS INC | ARW | 042735100 | $268.8M | 3.82% | 1,259,563 | SH |
| 11 | VODAFONE GROUP PLC | VOD | 92857W308 | $264.7M | 3.76% | 20,016,153 | SH |
| 12 | ELEVANCE HEALTH INC FORMERLY | ELV | 036752103 | $254.8M | 3.62% | 658,869 | SH |
| 13 | MAGNA INTL INC | MGA | 559222401 | $253.5M | 3.60% | 3,860,918 | SH |
| 14 | CITIGROUP INC | C | 172967424 | $251.0M | 3.56% | 1,793,233 | SH |
| 15 | GOLDMAN SACHS ETF TR | GBIL | 381430529 | $247.9M | 3.52% | 2,475,306 | SH |
| 16 | LIBERTY GLOBAL LTD | LBTYA | G61188101 | $242.1M | 3.44% | 21,293,706 | SH |
| 17 | DOLLAR GEN CORP | DG | 256677105 | $172.5M | 2.45% | 1,498,259 | SH |
| 18 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $101.0M | 1.43% | 201,759 | SH |
| 19 | LIBERTY GLOBAL LTD | LBTYK | G61188127 | $84.4M | 1.20% | 7,673,105 | SH |
| 20 | JOHNSON & JOHNSON | JNJ | 478160104 | $68.8M | 0.98% | 270,887 | SH |
| 21 | MAGNA INTL INC | MGA | 559222401 | $62.3M | 0.88% | 948,160 | SH |
| 22 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $61.4M | 0.87% | 82 | SH |
| 23 | CHEVRON CORPORATION | CVX | 166764100 | $58.9M | 0.84% | 355,119 | SH |
| 24 | MICROSOFT CORP | MSFT | 594918104 | $56.8M | 0.81% | 152,193 | SH |
| 25 | VODAFONE GROUP PLC | VOD | 92857W308 | $52.9M | 0.75% | 4,002,948 | SH |
| 26 | LENNAR CORP | LEN | 526057104 | $50.4M | 0.72% | 557,199 | SH |
| 27 | THOR INDS INC | THO | 885160101 | $49.2M | 0.70% | 654,718 | SH |
| 28 | GENERAL MTRS CO | GM | 37045V100 | $45.9M | 0.65% | 595,583 | SH |
| 29 | JPMORGAN CHASE & CO | JPM | 46625H100 | $45.6M | 0.65% | 139,294 | SH |
| 30 | ARROW ELECTRS INC | ARW | 042735100 | $42.3M | 0.60% | 198,318 | SH |
| 31 | FEDEX CORP | FDX | 31428X106 | $41.9M | 0.60% | 133,855 | SH |
| 32 | CITIGROUP INC | C | 172967424 | $39.5M | 0.56% | 282,469 | SH |
| 33 | ELEVANCE HEALTH INC FORMERLY | ELV | 036752103 | $30.6M | 0.43% | 79,053 | SH |
| 34 | DOLLAR GEN CORP | DG | 256677105 | $26.4M | 0.37% | 229,040 | SH |
| 35 | LIBERTY GLOBAL LTD | LBTYA | G61188101 | $26.2M | 0.37% | 2,301,459 | SH |
| 36 | ISHARES TR | SGOV | 46436E718 | $21.8M | 0.31% | 216,767 | SH |
| 37 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $21.0M | 0.30% | 41,977 | SH |
| 38 | DELL TECHNOLOGIES INC | DELL | 24703L202 | $14.5M | 0.21% | 33,593 | SH |
| 39 | LIBERTY GLOBAL LTD | LBTYK | G61188127 | $12.9M | 0.18% | 1,168,729 | SH |
| 40 | BARCLAYS PLC | BCS | 06738E204 | $12.2M | 0.17% | 454,000 | SH |
| 41 | DELL TECHNOLOGIES INC | DELL | 24703L202 | $10.9M | 0.15% | 25,205 | SH |
| 42 | PEOPLE INC | PPLI | 44891N208 | $7.9M | 0.11% | 171,182 | SH |
| 43 | PEOPLE INC | PPLI | 44891N208 | $5.6M | 0.08% | 120,644 | SH |
| 44 | COMSTOCK RES INC | CRK | 205768302 | $5.5M | 0.08% | 370,116 | SH |
| 45 | ECHOSTAR CORP | ECHO | 278768106 | $5.3M | 0.08% | 52,257 | SH |
| 46 | JEFFERIES FINANCIAL GROUP IN | JEF | 47233W109 | $5.0M | 0.07% | 99,982 | SH |
| 47 | SOUTHERN MO BANCORP INC | SMBC | 843380106 | $4.7M | 0.07% | 61,122 | SH |
| 48 | MERCK & CO INC | MRK | 58933Y105 | $4.6M | 0.06% | 35,614 | SH |
| 49 | FIVE POINT HOLDINGS LLC | FPH | 33833Q106 | $4.3M | 0.06% | 809,516 | SH |
| 50 | LIBERTY LATIN AMERICA LTD | LILAK | G9001E128 | $2.8M | 0.04% | 354,642 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-29 | $7.04B | 70 | 0001508822-26-000005 |
| 2026-03-31 | 2026-04-30 | $6.70B | 67 | 0001508822-26-000004 |
| 2025-12-31 | 2026-02-05 | $6.41B | 64 | 0001508822-26-000002 |
Filer Information
Address
190 CARONDELET PLAZASUITE 1300
ST. LOUIS, MO 63105
Phone
(314) 932-1010
Filing Manager
ACR Alpine Capital Research, LLC
ST. LOUIS, MO
Signatory
Mitul D. Nakum
Chief Operating Officer