JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 7, 2018

Total Value ($000): $149,752 (100.0% shares, 0.0% debt)

Holdings (33)

BRK/B BERKSHIRE HATHAWAY INC DEL 11.7%

Value ($000) $17,575 Shares 82,084 Est. Cost $153.23 Unrealized +33.9%

VTI VANGUARD INDEX FDS 11.1%

Value ($000) $16,585 Shares 110,827 Est. Cost $119.28 Unrealized —

BXMT BLACKSTONE MTG TR INC 9.9%

Value ($000) $14,865 Shares 443,606 Est. Cost $30.26 Unrealized —

— WELLS FARGO CO NEW 6.6%

Value ($000) $9,906 Shares 7,674 Est. Cost $1239.32 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 6.2%

Value ($000) $9,210 Shares 320,563 Est. Cost $30.89 Unrealized —

— BLACKSTONE GROUP L P 6.1%

Value ($000) $9,145 Shares 240,158 Est. Cost $30.79 Unrealized —

AAPL APPLE INC 4.7%

Value ($000) $6,985 Shares 30,941 Est. Cost $25.69 Unrealized +91.8%

EFAV ISHARES TR 3.8%

Value ($000) $5,718 Shares 78,539 Est. Cost $67.00 Unrealized —

— BANK AMER CORP 3.4%

Value ($000) $5,083 Shares 3,927 Est. Cost $1212.29 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 3.0%

Value ($000) $4,475 Shares 267,658 Est. Cost $12.60 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 2.8%

Value ($000) $4,160 Shares 13 Est. Cost $226185.19 Unrealized +36.9%

VEA VANGUARD TAX MANAGED INTL FD 2.7%

Value ($000) $4,024 Shares 92,992 Est. Cost $39.69 Unrealized —

EEMV ISHARES INC 2.6%

Value ($000) $3,902 Shares 65,799 Est. Cost $57.38 Unrealized —

SPTM SPDR SERIES TRUST 2.6%

Value ($000) $3,850 Shares 106,347 Est. Cost $33.37 Unrealized —

SCHD SCHWAB STRATEGIC TR 2.2%

Value ($000) $3,294 Shares 62,148 Est. Cost $44.54 Unrealized —

KMI KINDER MORGAN INC DEL 2.2%

Value ($000) $3,266 Shares 184,234 Est. Cost $16.19 Unrealized -27.8%

WFC WELLS FARGO CO NEW 1.9%

Value ($000) $2,889 Shares 54,957 Est. Cost $39.52 Unrealized +17.7%

— NUVEEN S&P 500 BUY-WRITE INC 1.8%

Value ($000) $2,666 Shares 185,531 Est. Cost $13.51 Unrealized —

IJR ISHARES TR 1.7%

Value ($000) $2,587 Shares 29,652 Est. Cost $85.86 Unrealized —

— TRANSCANADA CORP 1.7%

Value ($000) $2,549 Shares 63,000 Est. Cost $49.10 Unrealized —

— SELECT INCOME REIT 1.6%

Value ($000) $2,343 Shares 106,773 Est. Cost $22.32 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.5%

Value ($000) $2,225 Shares 25,548 Est. Cost $69.95 Unrealized —

PAGP PLAINS GP HLDGS L P 1.5%

Value ($000) $2,208 Shares 90,003 Est. Cost $24.92 Unrealized —

VOE VANGUARD INDEX FDS 1.3%

Value ($000) $1,979 Shares 17,499 Est. Cost $90.42 Unrealized —

SPDW SPDR INDEX SHS FDS 1.3%

Value ($000) $1,912 Shares 62,151 Est. Cost $31.18 Unrealized —

VIG VANGUARD GROUP 1.1%

Value ($000) $1,593 Shares 14,387 Est. Cost $93.52 Unrealized —

IJH ISHARES TR 1.0%

Value ($000) $1,502 Shares 7,461 Est. Cost $199.93 Unrealized —

ILPT INDUSTRIAL LOGISTICS PPTYS T 0.7%

Value ($000) $987 Shares 42,900 Est. Cost $23.01 Unrealized —

WMB WILLIAMS COS INC DEL 0.6%

Value ($000) $939 Shares 34,550 Est. Cost $24.25 Unrealized -20.7%

VBR VANGUARD INDEX FDS 0.3%

Value ($000) $433 Shares 3,111 Est. Cost $104.18 Unrealized —

SPSB SPDR SERIES TRUST 0.3%

Value ($000) $396 Shares 13,135 Est. Cost $30.42 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 0.2%

Value ($000) $292 Shares 11,684 Est. Cost $43.44 Unrealized —

SPMD SPDR SERIES TRUST 0.1%

Value ($000) $209 Shares 5,784 Est. Cost $33.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	82,084	$17,575	11.7%	$153.23	+33.9%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	110,827	$16,585	11.1%	$119.28	—	TOTAL STK MKT	922908769
BXMT	BLACKSTONE MTG TR INC	443,606	$14,865	9.9%	$30.26	—	COM CL A	09257W100
—	WELLS FARGO CO NEW	7,674	$9,906	6.6%	$1239.32	—	PERP PFD CNV A	949746804
EPD	ENTERPRISE PRODS PARTNERS L	320,563	$9,210	6.2%	$30.89	—	COM	293792107
—	BLACKSTONE GROUP L P	240,158	$9,145	6.1%	$30.79	—	COM UNIT LTD	09253U108
AAPL	APPLE INC	30,941	$6,985	4.7%	$25.69	+91.8%	COM	037833100
EFAV	ISHARES TR	78,539	$5,718	3.8%	$67.00	—	MIN VOL EAFE ETF	46429B689
—	BANK AMER CORP	3,927	$5,083	3.4%	$1212.29	—	7.25%CNV PFD L	060505682
—	MONMOUTH REAL ESTATE INVT CO	267,658	$4,475	3.0%	$12.60	—	CL A	609720107
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$4,160	2.8%	$226185.19	+36.9%	CL A	084670108
VEA	VANGUARD TAX MANAGED INTL FD	92,992	$4,024	2.7%	$39.69	—	FTSE DEV MKT ETF	921943858
EEMV	ISHARES INC	65,799	$3,902	2.6%	$57.38	—	MIN VOL EMRG MKT	464286533
SPTM	SPDR SERIES TRUST	106,347	$3,850	2.6%	$33.37	—	PORTFOLIO TL STK	78464A805
SCHD	SCHWAB STRATEGIC TR	62,148	$3,294	2.2%	$44.54	—	US DIVIDEND EQ	808524797
KMI	KINDER MORGAN INC DEL	184,234	$3,266	2.2%	$16.19	-27.8%	COM	49456B101
WFC	WELLS FARGO CO NEW	54,957	$2,889	1.9%	$39.52	+17.7%	COM	949746101
—	NUVEEN S&P 500 BUY-WRITE INC	185,531	$2,666	1.8%	$13.51	—	COM	6706ER101
IJR	ISHARES TR	29,652	$2,587	1.7%	$85.86	—	CORE S&P SCP ETF	464287804
—	TRANSCANADA CORP	63,000	$2,549	1.7%	$49.10	—	COM	89353D107
—	SELECT INCOME REIT	106,773	$2,343	1.6%	$22.32	—	COM SH BEN INT	81618T100
VYM	VANGUARD WHITEHALL FDS INC	25,548	$2,225	1.5%	$69.95	—	HIGH DIV YLD	921946406
PAGP	PLAINS GP HLDGS L P	90,003	$2,208	1.5%	$24.92	—	LTD PARTNR INT A	72651A207
VOE	VANGUARD INDEX FDS	17,499	$1,979	1.3%	$90.42	—	MCAP VL IDXVIP	922908512
SPDW	SPDR INDEX SHS FDS	62,151	$1,912	1.3%	$31.18	—	PORTFOLIO DEVLPD	78463X889
VIG	VANGUARD GROUP	14,387	$1,593	1.1%	$93.52	—	DIV APP ETF	921908844
IJH	ISHARES TR	7,461	$1,502	1.0%	$199.93	—	CORE S&P MCP ETF	464287507
ILPT	INDUSTRIAL LOGISTICS PPTYS T	42,900	$987	0.7%	$23.01	—	COM SHS BEN INT	456237106
WMB	WILLIAMS COS INC DEL	34,550	$939	0.6%	$24.25	-20.7%	COM	969457100
VBR	VANGUARD INDEX FDS	3,111	$433	0.3%	$104.18	—	SM CP VAL ETF	922908611
SPSB	SPDR SERIES TRUST	13,135	$396	0.3%	$30.42	—	PORTFOLIO SHORT	78464A474
PAA	PLAINS ALL AMERN PIPELINE L	11,684	$292	0.2%	$43.44	—	UNIT LTD PARTN	726503105
SPMD	SPDR SERIES TRUST	5,784	$209	0.1%	$33.28	—	PORTFOLIO MD ETF	78464A847