JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 5, 2016

Total Value ($000): $104,257 (100.0% shares, 0.0% debt)

Holdings (27)

— BERKSHIRE HATHAWAY INC DEL 11.9%

Value ($000) $12,431 Shares 85,855 Est. Cost $139.54 Unrealized —

VTI VANGUARD INDEX FDS 7.0%

Value ($000) $7,348 Shares 68,572 Est. Cost $103.92 Unrealized —

EFAV ISHARES TR 6.5%

Value ($000) $6,816 Shares 102,659 Est. Cost $66.43 Unrealized —

— WELLS FARGO & CO NEW 5.5%

Value ($000) $5,753 Shares 4,428 Est. Cost $1203.54 Unrealized —

BXMT BLACKSTONE MTG TR INC 5.5%

Value ($000) $5,723 Shares 206,840 Est. Cost $28.33 Unrealized —

— BANK AMER CORP 5.4%

Value ($000) $5,664 Shares 4,740 Est. Cost $1127.89 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 4.7%

Value ($000) $4,877 Shares 166,661 Est. Cost $35.30 Unrealized —

— HUNTINGTON BANCSHARES INC 4.1%

Value ($000) $4,239 Shares 2,985 Est. Cost $1335.39 Unrealized —

— APPLE INC 4.1%

Value ($000) $4,225 Shares 44,200 Est. Cost $123.67 Unrealized —

— ENERGY TRANSFER PRTNRS L P 3.7%

Value ($000) $3,829 Shares 100,590 Est. Cost $41.57 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 3.6%

Value ($000) $3,800 Shares 53,176 Est. Cost $69.21 Unrealized —

WMB WILLIAMS COS INC DEL 3.5%

Value ($000) $3,631 Shares 167,863 Est. Cost $25.32 Unrealized -52.8%

VOE VANGUARD INDEX FDS 3.5%

Value ($000) $3,597 Shares 40,380 Est. Cost $87.42 Unrealized —

VBR VANGUARD INDEX FDS 3.5%

Value ($000) $3,597 Shares 34,153 Est. Cost $102.06 Unrealized —

KMI KINDER MORGAN INC DEL 3.1%

Value ($000) $3,190 Shares 170,419 Est. Cost $22.58 Unrealized -51.7%

— TRANSCANADA CORP 3.0%

Value ($000) $3,165 Shares 70,000 Est. Cost $49.10 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 2.9%

Value ($000) $3,051 Shares 230,126 Est. Cost $11.54 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 2.9%

Value ($000) $2,978 Shares 108,340 Est. Cost $44.11 Unrealized —

WFC WELLS FARGO & CO NEW 2.8%

Value ($000) $2,949 Shares 62,300 Est. Cost $38.96 Unrealized -4.5%

— GOLAR LNG PARTNERS LP 2.6%

Value ($000) $2,750 Shares 150,000 Est. Cost $24.48 Unrealized —

— BERKSHIRE HATHAWAY INC DEL 2.5%

Value ($000) $2,604 Shares 12 Est. Cost $217500.00 Unrealized —

— BLACKSTONE GROUP L P 2.2%

Value ($000) $2,268 Shares 92,405 Est. Cost $31.46 Unrealized —

ET ENERGY TRANSFER EQUITY L P 2.2%

Value ($000) $2,252 Shares 156,700 Est. Cost $39.93 Unrealized —

— ENLINK MIDSTREAM PARTNERS LP 1.6%

Value ($000) $1,720 Shares 103,450 Est. Cost $28.81 Unrealized —

EEMV ISHARES 1.0%

Value ($000) $1,006 Shares 19,504 Est. Cost $51.43 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.5%

Value ($000) $559 Shares 6,912 Est. Cost $80.87 Unrealized —

VCIT VANGUARD SCOTTSDALE FDS 0.2%

Value ($000) $235 Shares 2,628 Est. Cost $89.42 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BERKSHIRE HATHAWAY INC DEL	85,855	$12,431	11.9%	$139.54	—	CL B NEW	84670702
VTI	VANGUARD INDEX FDS	68,572	$7,348	7.0%	$103.92	—	TOTAL STK MKT	922908769
EFAV	ISHARES TR	102,659	$6,816	6.5%	$66.43	—	MIN VOL EAFE ETF	46429B689
—	WELLS FARGO & CO NEW	4,428	$5,753	5.5%	$1203.54	—	PERP PFD CNV A	949746804
BXMT	BLACKSTONE MTG TR INC	206,840	$5,723	5.5%	$28.33	—	COM CL A	09257W100
—	BANK AMER CORP	4,740	$5,664	5.4%	$1127.89	—	7.25%CNV PFD L	60505682
EPD	ENTERPRISE PRODS PARTNERS L	166,661	$4,877	4.7%	$35.30	—	COM	293792107
—	HUNTINGTON BANCSHARES INC	2,985	$4,239	4.1%	$1335.39	—	PFD CONV SER A	446150401
—	APPLE INC	44,200	$4,225	4.1%	$123.67	—	COM	37833100
—	ENERGY TRANSFER PRTNRS L P	100,590	$3,829	3.7%	$41.57	—	UNIT LTD PARTN	29273R109
VYM	VANGUARD WHITEHALL FDS INC	53,176	$3,800	3.6%	$69.21	—	HIGH DIV YLD	921946406
WMB	WILLIAMS COS INC DEL	167,863	$3,631	3.5%	$25.32	-52.8%	COM	969457100
VOE	VANGUARD INDEX FDS	40,380	$3,597	3.5%	$87.42	—	MCAP VL IDXVIP	922908512
VBR	VANGUARD INDEX FDS	34,153	$3,597	3.5%	$102.06	—	SM CP VAL ETF	922908611
KMI	KINDER MORGAN INC DEL	170,419	$3,190	3.1%	$22.58	-51.7%	COM	49456B101
—	TRANSCANADA CORP	70,000	$3,165	3.0%	$49.10	—	COM	89353D107
—	MONMOUTH REAL ESTATE INVT CO	230,126	$3,051	2.9%	$11.54	—	CL A	609720107
PAA	PLAINS ALL AMERN PIPELINE L	108,340	$2,978	2.9%	$44.11	—	UNIT LTD PARTN	726503105
WFC	WELLS FARGO & CO NEW	62,300	$2,949	2.8%	$38.96	-4.5%	COM	949746101
—	GOLAR LNG PARTNERS LP	150,000	$2,750	2.6%	$24.48	—	COM UNIT LPI	Y2745C102
—	BERKSHIRE HATHAWAY INC DEL	12	$2,604	2.5%	$217500.00	—	CL A	84670108
—	BLACKSTONE GROUP L P	92,405	$2,268	2.2%	$31.46	—	COM UNIT LTD	09253U108
ET	ENERGY TRANSFER EQUITY L P	156,700	$2,252	2.2%	$39.93	—	COM UT LTD PTN	29273V100
—	ENLINK MIDSTREAM PARTNERS LP	103,450	$1,720	1.6%	$28.81	—	COM UNIT REP LTD	29336U107
EEMV	ISHARES	19,504	$1,006	1.0%	$51.43	—	MIN VOL EMRG MKT	464286533
VCSH	VANGUARD SCOTTSDALE FDS	6,912	$559	0.5%	$80.87	—	SHRT TRM CORP BD	92206C409
VCIT	VANGUARD SCOTTSDALE FDS	2,628	$235	0.2%	$89.42	—	INT-TERM CORP	92206C870