13-F holdings, Q3 2026
ACR Alpine Capital Research, LLC
A 13-F is the report large US investment managers file with the SEC each quarter, listing the stocks they held at quarter end.
- Reported value
- $7.4B
- Positions
- 40
- Filed
- Data as of
These holdings are as of , 41 days ago.
13-Fs for Q4 2026 are due by .
See this manager's Holder IQ and how the book overlaps yours
Free to start, with no card. Holder IQ scores a manager's past record. It describes the past and is not a recommendation to buy or sell anything. Sign up and you can follow this manager: one notice for each new 13-F, naming what changed and which of those positions you hold or watch.
Top holdings
- GBIL$1.4B13,660,162 shares18.6% of the book
- MSFT$584M1,138,644 shares7.9% of the book
- CVX$568.5M2,783,736 shares7.7% of the book
- JNJ$564.4M2,131,745 shares7.7% of the book
- LEN$438.9M5,379,210 shares6% of the book
- THO$399.5M5,781,882 shares5.4% of the book
- VOD$388.6M24,060,313 shares5.3% of the book
- GM$357.7M4,645,689 shares4.9% of the book
- ELV$357.3M919,031 shares4.9% of the book
- ARW$329M1,449,437 shares4.5% of the book
What changed this quarter
3 new positions and 1 sold out, against Q2 2026. Added and trimmed positions use the change in split-adjusted shares at the Q3 2026 implied price; full exits use their Q2 2026 reported value, not sale proceeds.
Largest buys
- ELV
ELEVANCE HEALTH INC FORMERLY
+$70.4M
+24.5% shares
Your stake and evidence for ELV
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares increased between Q2 2026 and Q3 2026.
Displayed change: +$70.4M. The current book reports 919,031 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
919,031 current shares − 737,922 prior shares on the same basis = +181,109 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: 70418763.65778522 USD. Current reported shares: 919031. Prior shares on current basis: 737922.
- LEN
LENNAR CORP
+$51.9M
+13.4% shares
Your stake and evidence for LEN
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares increased between Q2 2026 and Q3 2026.
Displayed change: +$51.9M. The current book reports 5,379,210 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
5,379,210 current shares − 4,743,250 prior shares on the same basis = +635,960 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: 51887973.21973301 USD. Current reported shares: 5379210. Prior shares on current basis: 4743250.
- RPV
INVESCO EXCHANGE TRADED FD T
+$28.3M
+5,917.1% shares
Your stake and evidence for RPV
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares increased between Q2 2026 and Q3 2026.
Displayed change: +$28.3M. The current book reports 251,095 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
251,095 current shares − 4,173 prior shares on the same basis = +246,922 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: 28329360.71581672 USD. Current reported shares: 251095. Prior shares on current basis: 4173.
- THO
THOR INDS INC
+$17.6M
+4.6% shares
Your stake and evidence for THO
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares increased between Q2 2026 and Q3 2026.
Displayed change: +$17.6M. The current book reports 5,781,882 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
5,781,882 current shares − 5,527,556 prior shares on the same basis = +254,326 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: 17573927.294990107 USD. Current reported shares: 5781882. Prior shares on current basis: 5527556.
- GM
GENERAL MTRS CO
+$15.3M
+4.5% shares
Your stake and evidence for GM
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares increased between Q2 2026 and Q3 2026.
Displayed change: +$15.3M. The current book reports 4,645,689 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
4,645,689 current shares − 4,447,271 prior shares on the same basis = +198,418 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: 15278185.57289866 USD. Current reported shares: 4645689. Prior shares on current basis: 4447271.
Largest sells
- FDX
FEDEX CORP
−$74.2M
-23.4% shares
Your stake and evidence for FDX
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares decreased between Q2 2026 and Q3 2026.
Displayed change: −$74.2M. The current book reports 851,944 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
851,944 current shares − 1,112,339 prior shares on the same basis = -260,395 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: -74236032.87453167 USD. Current reported shares: 851944. Prior shares on current basis: 1112339.
- LBTYA
LIBERTY GLOBAL LTD
−$14.7M
-6.8% shares
Your stake and evidence for LBTYA
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares decreased between Q2 2026 and Q3 2026.
Displayed change: −$14.7M. The current book reports 21,979,807 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
21,979,807 current shares − 23,595,165 prior shares on the same basis = -1,615,358 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: -14748218.179150254 USD. Current reported shares: 21979807. Prior shares on current basis: 23595165.
- DELL
DELL TECHNOLOGIES INC
−$10.6M
-33.6% shares
Your stake and evidence for DELL
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares decreased between Q2 2026 and Q3 2026.
Displayed change: −$10.6M. The current book reports 39,066 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
39,066 current shares − 58,798 prior shares on the same basis = -19,732 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: -10614829.04643424 USD. Current reported shares: 39066. Prior shares on current basis: 58798.
- JNJ
JOHNSON & JOHNSON
−$3.9M
-0.7% shares
Your stake and evidence for JNJ
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares decreased between Q2 2026 and Q3 2026.
Displayed change: −$3.9M. The current book reports 2,131,745 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
2,131,745 current shares − 2,146,488 prior shares on the same basis = -14,743 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: -3903062.0323190624 USD. Current reported shares: 2131745. Prior shares on current basis: 2146488.
- MGA
MAGNA INTL INC
−$2.2M
-0.7% shares
Your stake and evidence for MGA
What it means for you
This public view does not read your holdings or watchlist; open the member view to check your stake.
Use this to decide what to research, rather than as an instruction to copy a trade.
What happened
Reported shares decreased between Q2 2026 and Q3 2026.
Displayed change: −$2.2M. The current book reports 4,773,926 shares.
Why it can matter
A change between quarter-end disclosures can prompt a question about the manager's exposure. It does not reveal the trade date, the execution price or why the position changed; a full exit is not proof of a bearish decision.
How we got this
For an added or trimmed position, subtract split-adjusted prior shares from current shares, then multiply by the current book's reported value per share; this is not the execution price.
4,773,926 current shares − 4,809,078 prior shares on the same basis = -35,152 shares.
Comparable books exclude identified CUSIP, share-basis and new-security events from trades. Exit-size bands describe prior book weight, not the manager's intent.
Where the data comes from
SEC 13F quarter-end holdings for Q2 2026 and Q3 2026; these delayed disclosures omit shorts and many other assets.
Current source filed .
Technical details
Reported dollar change: -2238127.6601874433 USD. Current reported shares: 4773926. Prior shares on current basis: 4809078.
What was sold out, by size
- 1 slivers under 0.015%, often rounding or client flows
Not counted as trades: NFE (new CUSIP).
All of this comes from the filer's public SEC filings. A 13-F shows long positions in US-listed securities at quarter end and can leave out short positions, cash and non-US holdings, so it is not the whole portfolio. This is filing data, not investment advice.