JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 5, 2016

Total Value ($000): $92,310 (100.0% shares, 0.0% debt)

Holdings (25)

— BERKSHIRE HATHAWAY INC DEL 13.4%

Value ($000) $12,353 Shares 87,067 Est. Cost $139.54 Unrealized —

VTI VANGUARD INDEX FDS 7.3%

Value ($000) $6,708 Shares 63,994 Est. Cost $103.69 Unrealized —

EFAV ISHARES TR 6.3%

Value ($000) $5,816 Shares 87,544 Est. Cost $66.44 Unrealized —

BXMT BLACKSTONE MTG TR INC 5.7%

Value ($000) $5,234 Shares 194,880 Est. Cost $28.37 Unrealized —

— APPLE INC 5.1%

Value ($000) $4,690 Shares 43,028 Est. Cost $124.43 Unrealized —

— BANK AMER CORP 5.1%

Value ($000) $4,685 Shares 4,117 Est. Cost $1117.74 Unrealized —

— WELLS FARGO & CO NEW 4.9%

Value ($000) $4,512 Shares 3,744 Est. Cost $1186.05 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 4.7%

Value ($000) $4,374 Shares 177,666 Est. Cost $35.30 Unrealized —

— HUNTINGTON BANCSHARES INC 4.3%

Value ($000) $4,005 Shares 2,913 Est. Cost $1333.29 Unrealized —

— ENERGY TRANSFER PRTNRS L P 3.8%

Value ($000) $3,528 Shares 109,100 Est. Cost $41.57 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 3.7%

Value ($000) $3,414 Shares 49,446 Est. Cost $69.05 Unrealized —

KMI KINDER MORGAN INC DEL 3.6%

Value ($000) $3,281 Shares 183,705 Est. Cost $22.58 Unrealized -55.9%

VOE VANGUARD INDEX FDS 3.2%

Value ($000) $2,967 Shares 34,059 Est. Cost $87.11 Unrealized —

VBR VANGUARD INDEX FDS 3.2%

Value ($000) $2,929 Shares 28,745 Est. Cost $101.44 Unrealized —

— TRANSCANADA CORP 3.0%

Value ($000) $2,752 Shares 70,000 Est. Cost $49.10 Unrealized —

WMB WILLIAMS COS INC DEL 3.0%

Value ($000) $2,739 Shares 170,468 Est. Cost $25.32 Unrealized -60.9%

PAA PLAINS ALL AMERN PIPELINE L 2.9%

Value ($000) $2,670 Shares 127,310 Est. Cost $44.11 Unrealized —

— BERKSHIRE HATHAWAY INC DEL 2.8%

Value ($000) $2,561 Shares 12 Est. Cost $217500.00 Unrealized —

WFC WELLS FARGO & CO NEW 2.7%

Value ($000) $2,466 Shares 51,000 Est. Cost $39.35 Unrealized -5.7%

— GOLAR LNG PARTNERS LP 2.6%

Value ($000) $2,401 Shares 163,450 Est. Cost $24.48 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 2.2%

Value ($000) $2,054 Shares 172,749 Est. Cost $10.97 Unrealized —

— BLACKSTONE GROUP L P 2.1%

Value ($000) $1,930 Shares 68,805 Est. Cost $33.83 Unrealized —

— ENLINK MIDSTREAM PARTNERS LP 2.1%

Value ($000) $1,915 Shares 158,650 Est. Cost $28.81 Unrealized —

ET ENERGY TRANSFER EQUITY L P 1.8%

Value ($000) $1,626 Shares 228,000 Est. Cost $39.93 Unrealized —

EEMV ISHARES 0.8%

Value ($000) $700 Shares 13,626 Est. Cost $51.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BERKSHIRE HATHAWAY INC DEL	87,067	$12,353	13.4%	$139.54	—	CL B NEW	84670702
VTI	VANGUARD INDEX FDS	63,994	$6,708	7.3%	$103.69	—	TOTAL STK MKT	922908769
EFAV	ISHARES TR	87,544	$5,816	6.3%	$66.44	—	EAFE MIN VOL ETF	46429B689
BXMT	BLACKSTONE MTG TR INC	194,880	$5,234	5.7%	$28.37	—	COM CL A	09257W100
—	APPLE INC	43,028	$4,690	5.1%	$124.43	—	COM	37833100
—	BANK AMER CORP	4,117	$4,685	5.1%	$1117.74	—	7.25%CNV PFD L	60505682
—	WELLS FARGO & CO NEW	3,744	$4,512	4.9%	$1186.05	—	PERP PFD CNV A	949746804
EPD	ENTERPRISE PRODS PARTNERS L	177,666	$4,374	4.7%	$35.30	—	COM	293792107
—	HUNTINGTON BANCSHARES INC	2,913	$4,005	4.3%	$1333.29	—	PFD CONV SER A	446150401
—	ENERGY TRANSFER PRTNRS L P	109,100	$3,528	3.8%	$41.57	—	UNIT LTD PARTN	29273R109
VYM	VANGUARD WHITEHALL FDS INC	49,446	$3,414	3.7%	$69.05	—	HIGH DIV YLD	921946406
KMI	KINDER MORGAN INC DEL	183,705	$3,281	3.6%	$22.58	-55.9%	COM	49456B101
VOE	VANGUARD INDEX FDS	34,059	$2,967	3.2%	$87.11	—	MCAP VL IDXVIP	922908512
VBR	VANGUARD INDEX FDS	28,745	$2,929	3.2%	$101.44	—	SM CP VAL ETF	922908611
—	TRANSCANADA CORP	70,000	$2,752	3.0%	$49.10	—	COM	89353D107
WMB	WILLIAMS COS INC DEL	170,468	$2,739	3.0%	$25.32	-60.9%	COM	969457100
PAA	PLAINS ALL AMERN PIPELINE L	127,310	$2,670	2.9%	$44.11	—	UNIT LTD PARTN	726503105
—	BERKSHIRE HATHAWAY INC DEL	12	$2,561	2.8%	$217500.00	—	CL A	84670108
WFC	WELLS FARGO & CO NEW	51,000	$2,466	2.7%	$39.35	-5.7%	COM	949746101
—	GOLAR LNG PARTNERS LP	163,450	$2,401	2.6%	$24.48	—	COM UNIT LPI	Y2745C102
—	MONMOUTH REAL ESTATE INVT CO	172,749	$2,054	2.2%	$10.97	—	CL A	609720107
—	BLACKSTONE GROUP L P	68,805	$1,930	2.1%	$33.83	—	COM UNIT LTD	09253U108
—	ENLINK MIDSTREAM PARTNERS LP	158,650	$1,915	2.1%	$28.81	—	COM UNIT REP LTD	29336U107
ET	ENERGY TRANSFER EQUITY L P	228,000	$1,626	1.8%	$39.93	—	COM UT LTD PTN	29273V100
EEMV	ISHARES	13,626	$700	0.8%	$51.37	—	EM MK MINVOL ETF	464286533