JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 12, 2018

Total Value ($000): $129,943 (100.0% shares, 0.0% debt)

Holdings (35)

BRK/B BERKSHIRE HATHAWAY INC DEL 11.7%

Value ($000) $15,196 Shares 76,664 Est. Cost $149.71 Unrealized +26.8%

VTI VANGUARD INDEX FDS 8.7%

Value ($000) $11,315 Shares 82,441 Est. Cost $108.74 Unrealized —

BXMT BLACKSTONE MTG TR INC 8.6%

Value ($000) $11,218 Shares 348,607 Est. Cost $29.66 Unrealized —

— WELLS FARGO CO NEW 5.6%

Value ($000) $7,223 Shares 5,514 Est. Cost $1220.30 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 5.5%

Value ($000) $7,084 Shares 267,225 Est. Cost $31.92 Unrealized —

— BLACKSTONE GROUP L P 5.4%

Value ($000) $6,979 Shares 217,956 Est. Cost $30.51 Unrealized —

— HUNTINGTON BANCSHARES INC 4.9%

Value ($000) $6,342 Shares 4,513 Est. Cost $1385.67 Unrealized —

EFAV ISHARES TR 4.8%

Value ($000) $6,255 Shares 85,704 Est. Cost $66.81 Unrealized —

— BANK AMER CORP 4.8%

Value ($000) $6,218 Shares 4,714 Est. Cost $1212.29 Unrealized —

AAPL APPLE INC 3.7%

Value ($000) $4,827 Shares 28,523 Est. Cost $24.48 Unrealized +59.7%

— MONMOUTH REAL ESTATE INVT CO 3.2%

Value ($000) $4,192 Shares 235,491 Est. Cost $12.16 Unrealized —

SCHD SCHWAB STRATEGIC TR 3.0%

Value ($000) $3,886 Shares 75,945 Est. Cost $43.89 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 2.7%

Value ($000) $3,571 Shares 12 Est. Cost $219349.66 Unrealized +29.8%

WFC WELLS FARGO CO NEW 2.6%

Value ($000) $3,318 Shares 54,690 Est. Cost $39.00 Unrealized +15.6%

VEA VANGUARD TAX MANAGED INTL FD 2.5%

Value ($000) $3,205 Shares 71,455 Est. Cost $38.57 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 2.4%

Value ($000) $3,111 Shares 36,325 Est. Cost $69.95 Unrealized —

— TRANSCANADA CORP 2.4%

Value ($000) $3,064 Shares 63,000 Est. Cost $49.10 Unrealized —

SPTM SPDR SERIES TRUST 2.2%

Value ($000) $2,898 Shares 87,248 Est. Cost $33.22 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 2.2%

Value ($000) $2,885 Shares 202,432 Est. Cost $13.51 Unrealized —

WMB WILLIAMS COS INC DEL 1.9%

Value ($000) $2,447 Shares 80,247 Est. Cost $24.85 Unrealized -25.2%

VOE VANGUARD INDEX FDS 1.7%

Value ($000) $2,178 Shares 19,518 Est. Cost $90.42 Unrealized —

KMI KINDER MORGAN INC DEL 1.6%

Value ($000) $2,067 Shares 114,374 Est. Cost $19.85 Unrealized -42.6%

PAGP PLAINS GP HLDGS L P 1.6%

Value ($000) $2,059 Shares 93,790 Est. Cost $24.92 Unrealized —

EEMV ISHARES INC 1.5%

Value ($000) $1,997 Shares 32,865 Est. Cost $55.41 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 1.1%

Value ($000) $1,463 Shares 14,340 Est. Cost $93.52 Unrealized —

SPDW SPDR INDEX SHS FDS 0.7%

Value ($000) $898 Shares 28,344 Est. Cost $31.68 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.7%

Value ($000) $892 Shares 19,419 Est. Cost $38.21 Unrealized —

SPSB SPDR SERIES TRUST 0.5%

Value ($000) $639 Shares 21,002 Est. Cost $30.43 Unrealized —

SPSM SPDR SER TR 0.5%

Value ($000) $628 Shares 20,821 Est. Cost $30.16 Unrealized —

VBR VANGUARD INDEX FDS 0.4%

Value ($000) $502 Shares 3,777 Est. Cost $104.18 Unrealized —

SPEM SPDR INDEX SHS FDS 0.3%

Value ($000) $427 Shares 11,185 Est. Cost $38.18 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 0.2%

Value ($000) $314 Shares 15,211 Est. Cost $43.44 Unrealized —

DVY ISHARES TR 0.2%

Value ($000) $227 Shares 2,300 Est. Cost $93.48 Unrealized —

SPMD SPDR SERIES TRUST 0.2%

Value ($000) $216 Shares 6,467 Est. Cost $33.40 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.2%

Value ($000) $202 Shares 2,541 Est. Cost $80.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	76,664	$15,196	11.7%	$149.71	+26.8%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	82,441	$11,315	8.7%	$108.74	—	TOTAL STK MKT	922908769
BXMT	BLACKSTONE MTG TR INC	348,607	$11,218	8.6%	$29.66	—	COM CL A	09257W100
—	WELLS FARGO CO NEW	5,514	$7,223	5.6%	$1220.30	—	PERP PFD CNV A	949746804
EPD	ENTERPRISE PRODS PARTNERS L	267,225	$7,084	5.5%	$31.92	—	COM	293792107
—	BLACKSTONE GROUP L P	217,956	$6,979	5.4%	$30.51	—	COM UNIT LTD	09253U108
—	HUNTINGTON BANCSHARES INC	4,513	$6,342	4.9%	$1385.67	—	PFD CONV SER A	446150401
EFAV	ISHARES TR	85,704	$6,255	4.8%	$66.81	—	MIN VOL EAFE ETF	46429B689
—	BANK AMER CORP	4,714	$6,218	4.8%	$1212.29	—	7.25%CNV PFD L	060505682
AAPL	APPLE INC	28,523	$4,827	3.7%	$24.48	+59.7%	COM	037833100
—	MONMOUTH REAL ESTATE INVT CO	235,491	$4,192	3.2%	$12.16	—	CL A	609720107
SCHD	SCHWAB STRATEGIC TR	75,945	$3,886	3.0%	$43.89	—	US DIVIDEND EQ	808524797
BRK/A	BERKSHIRE HATHAWAY INC DEL	12	$3,571	2.7%	$219349.66	+29.8%	CL A	084670108
WFC	WELLS FARGO CO NEW	54,690	$3,318	2.6%	$39.00	+15.6%	COM	949746101
VEA	VANGUARD TAX MANAGED INTL FD	71,455	$3,205	2.5%	$38.57	—	FTSE DEV MKT ETF	921943858
VYM	VANGUARD WHITEHALL FDS INC	36,325	$3,111	2.4%	$69.95	—	HIGH DIV YLD	921946406
—	TRANSCANADA CORP	63,000	$3,064	2.4%	$49.10	—	COM	89353D107
SPTM	SPDR SERIES TRUST	87,248	$2,898	2.2%	$33.22	—	PORTFOLIO TL STK	78464A805
—	NUVEEN S&P 500 BUY-WRITE INC	202,432	$2,885	2.2%	$13.51	—	COM	6706ER101
WMB	WILLIAMS COS INC DEL	80,247	$2,447	1.9%	$24.85	-25.2%	COM	969457100
VOE	VANGUARD INDEX FDS	19,518	$2,178	1.7%	$90.42	—	MCAP VL IDXVIP	922908512
KMI	KINDER MORGAN INC DEL	114,374	$2,067	1.6%	$19.85	-42.6%	COM	49456B101
PAGP	PLAINS GP HLDGS L P	93,790	$2,059	1.6%	$24.92	—	LTD PARTNR INT A	72651A207
EEMV	ISHARES INC	32,865	$1,997	1.5%	$55.41	—	MIN VOL EMRG MKT	464286533
VIG	VANGUARD SPECIALIZED FUNDS	14,340	$1,463	1.1%	$93.52	—	DIV APP ETF	921908844
SPDW	SPDR INDEX SHS FDS	28,344	$898	0.7%	$31.68	—	PORTFOLIO DEVLPD	78463X889
VWO	VANGUARD INTL EQUITY INDEX F	19,419	$892	0.7%	$38.21	—	FTSE EMR MKT ETF	922042858
SPSB	SPDR SERIES TRUST	21,002	$639	0.5%	$30.43	—	PORTFOLIO SHORT	78464A474
SPSM	SPDR SER TR	20,821	$628	0.5%	$30.16	—	PORTFOLIO SM ETF	78468R853
VBR	VANGUARD INDEX FDS	3,777	$502	0.4%	$104.18	—	SM CP VAL ETF	922908611
SPEM	SPDR INDEX SHS FDS	11,185	$427	0.3%	$38.18	—	PORTFOLIO EMG MK	78463X509
PAA	PLAINS ALL AMERN PIPELINE L	15,211	$314	0.2%	$43.44	—	UNIT LTD PARTN	726503105
DVY	ISHARES TR	2,300	$227	0.2%	$93.48	—	SELECT DIVID ETF	464287168
SPMD	SPDR SERIES TRUST	6,467	$216	0.2%	$33.40	—	PORTFOLIO MD ETF	78464A847
VCSH	VANGUARD SCOTTSDALE FDS	2,541	$202	0.2%	$80.69	—	SHRT TRM CORP BD	92206C409