JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Aug 7, 2018

Total Value ($000): $127,467 (100.0% shares, 0.0% debt)

Holdings (34)

BRK/B BERKSHIRE HATHAWAY INC DEL 11.7%

Value ($000) $14,895 Shares 79,801 Est. Cost $151.74 Unrealized +28.5%

BXMT BLACKSTONE MTG TR INC 9.8%

Value ($000) $12,478 Shares 396,994 Est. Cost $29.87 Unrealized —

VTI VANGUARD INDEX FDS 9.1%

Value ($000) $11,554 Shares 82,273 Est. Cost $108.74 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 6.8%

Value ($000) $8,687 Shares 313,955 Est. Cost $30.93 Unrealized —

— BLACKSTONE GROUP L P 5.9%

Value ($000) $7,556 Shares 234,877 Est. Cost $30.62 Unrealized —

— WELLS FARGO CO NEW 5.6%

Value ($000) $7,198 Shares 5,717 Est. Cost $1221.67 Unrealized —

AAPL APPLE INC 4.5%

Value ($000) $5,703 Shares 30,807 Est. Cost $25.69 Unrealized +66.4%

EFAV ISHARES TR 4.4%

Value ($000) $5,627 Shares 79,104 Est. Cost $67.00 Unrealized —

— BANK AMER CORP 3.9%

Value ($000) $4,953 Shares 3,961 Est. Cost $1212.29 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 3.3%

Value ($000) $4,222 Shares 255,428 Est. Cost $12.40 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 2.9%

Value ($000) $3,667 Shares 13 Est. Cost $226185.19 Unrealized +29.5%

KMI KINDER MORGAN INC DEL 2.7%

Value ($000) $3,384 Shares 191,492 Est. Cost $16.19 Unrealized -34.7%

SPTM SPDR SERIES TRUST 2.7%

Value ($000) $3,378 Shares 99,376 Est. Cost $33.17 Unrealized —

SCHD SCHWAB STRATEGIC TR 2.5%

Value ($000) $3,191 Shares 64,747 Est. Cost $44.54 Unrealized —

WFC WELLS FARGO CO NEW 2.5%

Value ($000) $3,156 Shares 56,933 Est. Cost $39.52 Unrealized +9.7%

VEA VANGUARD TAX MANAGED INTL FD 2.4%

Value ($000) $3,038 Shares 70,814 Est. Cost $38.57 Unrealized —

EEMV ISHARES INC 2.4%

Value ($000) $3,019 Shares 52,189 Est. Cost $56.89 Unrealized —

— TRANSCANADA CORP 2.1%

Value ($000) $2,722 Shares 63,000 Est. Cost $49.10 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 2.1%

Value ($000) $2,645 Shares 187,740 Est. Cost $13.51 Unrealized —

WMB WILLIAMS COS INC DEL 1.9%

Value ($000) $2,406 Shares 88,747 Est. Cost $24.25 Unrealized -28.8%

PAGP PLAINS GP HLDGS L P 1.7%

Value ($000) $2,157 Shares 90,224 Est. Cost $24.92 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.7%

Value ($000) $2,122 Shares 25,548 Est. Cost $69.95 Unrealized —

VOE VANGUARD INDEX FDS 1.5%

Value ($000) $1,933 Shares 17,499 Est. Cost $90.42 Unrealized —

— SELECT INCOME REIT 1.4%

Value ($000) $1,755 Shares 78,125 Est. Cost $22.46 Unrealized —

VIG VANGUARD GROUP 1.1%

Value ($000) $1,462 Shares 14,387 Est. Cost $93.52 Unrealized —

SPDW SPDR INDEX SHS FDS 0.7%

Value ($000) $936 Shares 30,792 Est. Cost $31.61 Unrealized —

IJR ISHARES TR 0.7%

Value ($000) $896 Shares 10,740 Est. Cost $83.43 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.5%

Value ($000) $584 Shares 13,834 Est. Cost $39.69 Unrealized —

SPSM SPDR SER TR 0.4%

Value ($000) $465 Shares 14,402 Est. Cost $30.11 Unrealized —

SPSB SPDR SERIES TRUST 0.4%

Value ($000) $464 Shares 15,385 Est. Cost $30.42 Unrealized —

VBR VANGUARD INDEX FDS 0.3%

Value ($000) $422 Shares 3,111 Est. Cost $104.18 Unrealized —

IJH ISHARES TR 0.2%

Value ($000) $315 Shares 1,616 Est. Cost $194.93 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 0.2%

Value ($000) $276 Shares 11,684 Est. Cost $43.44 Unrealized —

SPMD SPDR SERIES TRUST 0.2%

Value ($000) $201 Shares 5,760 Est. Cost $33.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	79,801	$14,895	11.7%	$151.74	+28.5%	CL B NEW	084670702
BXMT	BLACKSTONE MTG TR INC	396,994	$12,478	9.8%	$29.87	—	COM CL A	09257W100
VTI	VANGUARD INDEX FDS	82,273	$11,554	9.1%	$108.74	—	TOTAL STK MKT	922908769
EPD	ENTERPRISE PRODS PARTNERS L	313,955	$8,687	6.8%	$30.93	—	COM	293792107
—	BLACKSTONE GROUP L P	234,877	$7,556	5.9%	$30.62	—	COM UNIT LTD	09253U108
—	WELLS FARGO CO NEW	5,717	$7,198	5.6%	$1221.67	—	PERP PFD CNV A	949746804
AAPL	APPLE INC	30,807	$5,703	4.5%	$25.69	+66.4%	COM	037833100
EFAV	ISHARES TR	79,104	$5,627	4.4%	$67.00	—	MIN VOL EAFE ETF	46429B689
—	BANK AMER CORP	3,961	$4,953	3.9%	$1212.29	—	7.25%CNV PFD L	060505682
—	MONMOUTH REAL ESTATE INVT CO	255,428	$4,222	3.3%	$12.40	—	CL A	609720107
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$3,667	2.9%	$226185.19	+29.5%	CL A	084670108
KMI	KINDER MORGAN INC DEL	191,492	$3,384	2.7%	$16.19	-34.7%	COM	49456B101
SPTM	SPDR SERIES TRUST	99,376	$3,378	2.7%	$33.17	—	PORTFOLIO TL STK	78464A805
SCHD	SCHWAB STRATEGIC TR	64,747	$3,191	2.5%	$44.54	—	US DIVIDEND EQ	808524797
WFC	WELLS FARGO CO NEW	56,933	$3,156	2.5%	$39.52	+9.7%	COM	949746101
VEA	VANGUARD TAX MANAGED INTL FD	70,814	$3,038	2.4%	$38.57	—	FTSE DEV MKT ETF	921943858
EEMV	ISHARES INC	52,189	$3,019	2.4%	$56.89	—	MIN VOL EMRG MKT	464286533
—	TRANSCANADA CORP	63,000	$2,722	2.1%	$49.10	—	COM	89353D107
—	NUVEEN S&P 500 BUY-WRITE INC	187,740	$2,645	2.1%	$13.51	—	COM	6706ER101
WMB	WILLIAMS COS INC DEL	88,747	$2,406	1.9%	$24.25	-28.8%	COM	969457100
PAGP	PLAINS GP HLDGS L P	90,224	$2,157	1.7%	$24.92	—	LTD PARTNR INT A	72651A207
VYM	VANGUARD WHITEHALL FDS INC	25,548	$2,122	1.7%	$69.95	—	HIGH DIV YLD	921946406
VOE	VANGUARD INDEX FDS	17,499	$1,933	1.5%	$90.42	—	MCAP VL IDXVIP	922908512
—	SELECT INCOME REIT	78,125	$1,755	1.4%	$22.46	—	COM SH BEN INT	81618T100
VIG	VANGUARD GROUP	14,387	$1,462	1.1%	$93.52	—	DIV APP ETF	921908844
SPDW	SPDR INDEX SHS FDS	30,792	$936	0.7%	$31.61	—	PORTFOLIO DEVLPD	78463X889
IJR	ISHARES TR	10,740	$896	0.7%	$83.43	—	CORE S&P SCP ETF	464287804
VWO	VANGUARD INTL EQUITY INDEX F	13,834	$584	0.5%	$39.69	—	FTSE EMR MKT ETF	922042858
SPSM	SPDR SER TR	14,402	$465	0.4%	$30.11	—	PORTFOLIO SM ETF	78468R853
SPSB	SPDR SERIES TRUST	15,385	$464	0.4%	$30.42	—	PORTFOLIO SHORT	78464A474
VBR	VANGUARD INDEX FDS	3,111	$422	0.3%	$104.18	—	SM CP VAL ETF	922908611
IJH	ISHARES TR	1,616	$315	0.2%	$194.93	—	CORE S&P MCP ETF	464287507
PAA	PLAINS ALL AMERN PIPELINE L	11,684	$276	0.2%	$43.44	—	UNIT LTD PARTN	726503105
SPMD	SPDR SERIES TRUST	5,760	$201	0.2%	$33.28	—	PORTFOLIO MD ETF	78464A847