JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 11, 2019

Total Value ($000): $127,603 (100.0% shares, 0.0% debt)

Holdings (31)

BRK/B BERKSHIRE HATHAWAY INC DEL 14.2%

Value ($000) $18,063 Shares 88,464 Est. Cost $157.24 Unrealized +32.8%

VTI VANGUARD INDEX FDS 11.1%

Value ($000) $14,209 Shares 111,329 Est. Cost $119.28 Unrealized —

BXMT BLACKSTONE MTG TR INC 9.3%

Value ($000) $11,888 Shares 373,125 Est. Cost $30.26 Unrealized —

— WELLS FARGO CO NEW 7.7%

Value ($000) $9,873 Shares 7,824 Est. Cost $1239.75 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 6.5%

Value ($000) $8,257 Shares 335,782 Est. Cost $30.60 Unrealized —

— BLACKSTONE GROUP L P 5.8%

Value ($000) $7,394 Shares 248,034 Est. Cost $30.76 Unrealized —

EFAV ISHARES TR 4.5%

Value ($000) $5,748 Shares 86,223 Est. Cost $66.97 Unrealized —

AAPL APPLE INC 3.9%

Value ($000) $4,948 Shares 31,369 Est. Cost $25.96 Unrealized +77.2%

— BANK AMER CORP 3.8%

Value ($000) $4,843 Shares 3,867 Est. Cost $1212.29 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 3.1%

Value ($000) $3,978 Shares 13 Est. Cost $226185.19 Unrealized +38.4%

EEMV ISHARES INC 3.0%

Value ($000) $3,784 Shares 67,730 Est. Cost $57.34 Unrealized —

SPDW SPDR INDEX SHS FDS 2.7%

Value ($000) $3,506 Shares 132,534 Est. Cost $28.67 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 2.7%

Value ($000) $3,414 Shares 275,291 Est. Cost $12.60 Unrealized —

SPTM SPDR SERIES TRUST 2.4%

Value ($000) $3,038 Shares 98,298 Est. Cost $33.37 Unrealized —

SCHD SCHWAB STRATEGIC TR 2.3%

Value ($000) $2,934 Shares 62,459 Est. Cost $44.54 Unrealized —

PAGP PLAINS GP HLDGS L P 2.2%

Value ($000) $2,805 Shares 139,566 Est. Cost $23.21 Unrealized —

KMI KINDER MORGAN INC DEL 1.9%

Value ($000) $2,402 Shares 156,163 Est. Cost $16.19 Unrealized -30.8%

— TRANSCANADA CORP 1.8%

Value ($000) $2,249 Shares 63,000 Est. Cost $49.10 Unrealized —

VEA VANGUARD TAX MANAGED INTL FD 1.6%

Value ($000) $2,024 Shares 54,549 Est. Cost $39.69 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.6%

Value ($000) $1,981 Shares 25,403 Est. Cost $69.95 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 1.3%

Value ($000) $1,607 Shares 133,135 Est. Cost $13.51 Unrealized —

VOE VANGUARD INDEX FDS 1.2%

Value ($000) $1,509 Shares 15,839 Est. Cost $90.42 Unrealized —

VIG VANGUARD GROUP 1.1%

Value ($000) $1,423 Shares 14,528 Est. Cost $93.52 Unrealized —

VBR VANGUARD INDEX FDS 1.1%

Value ($000) $1,362 Shares 11,945 Est. Cost $111.46 Unrealized —

ILPT INDUSTRIAL LOGISTICS PPTYS T 0.9%

Value ($000) $1,164 Shares 59,153 Est. Cost $22.09 Unrealized —

IJR ISHARES TR 0.9%

Value ($000) $1,126 Shares 16,247 Est. Cost $85.86 Unrealized —

— GOVERNMENT PPTYS INCOME TR 0.6%

Value ($000) $752 Shares 109,520 Est. Cost $6.87 Unrealized —

SPSB SPDR SERIES TRUST 0.5%

Value ($000) $688 Shares 22,835 Est. Cost $30.29 Unrealized —

IJH ISHARES TR 0.2%

Value ($000) $252 Shares 1,517 Est. Cost $199.93 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 0.2%

Value ($000) $234 Shares 11,684 Est. Cost $43.44 Unrealized —

— SELECT INCOME REIT 0.1%

Value ($000) $148 Shares 20,081 Est. Cost $22.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	88,464	$18,063	14.2%	$157.24	+32.8%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	111,329	$14,209	11.1%	$119.28	—	TOTAL STK MKT	922908769
BXMT	BLACKSTONE MTG TR INC	373,125	$11,888	9.3%	$30.26	—	COM CL A	09257W100
—	WELLS FARGO CO NEW	7,824	$9,873	7.7%	$1239.75	—	PERP PFD CNV A	949746804
EPD	ENTERPRISE PRODS PARTNERS L	335,782	$8,257	6.5%	$30.60	—	COM	293792107
—	BLACKSTONE GROUP L P	248,034	$7,394	5.8%	$30.76	—	COM UNIT LTD	09253U108
EFAV	ISHARES TR	86,223	$5,748	4.5%	$66.97	—	MIN VOL EAFE ETF	46429B689
AAPL	APPLE INC	31,369	$4,948	3.9%	$25.96	+77.2%	COM	037833100
—	BANK AMER CORP	3,867	$4,843	3.8%	$1212.29	—	7.25%CNV PFD L	060505682
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$3,978	3.1%	$226185.19	+38.4%	CL A	084670108
EEMV	ISHARES INC	67,730	$3,784	3.0%	$57.34	—	MIN VOL EMRG MKT	464286533
SPDW	SPDR INDEX SHS FDS	132,534	$3,506	2.7%	$28.67	—	PORTFOLIO DEVLPD	78463X889
—	MONMOUTH REAL ESTATE INVT CO	275,291	$3,414	2.7%	$12.60	—	CL A	609720107
SPTM	SPDR SERIES TRUST	98,298	$3,038	2.4%	$33.37	—	PORTFOLIO TL STK	78464A805
SCHD	SCHWAB STRATEGIC TR	62,459	$2,934	2.3%	$44.54	—	US DIVIDEND EQ	808524797
PAGP	PLAINS GP HLDGS L P	139,566	$2,805	2.2%	$23.21	—	LTD PARTNR INT A	72651A207
KMI	KINDER MORGAN INC DEL	156,163	$2,402	1.9%	$16.19	-30.8%	COM	49456B101
—	TRANSCANADA CORP	63,000	$2,249	1.8%	$49.10	—	COM	89353D107
VEA	VANGUARD TAX MANAGED INTL FD	54,549	$2,024	1.6%	$39.69	—	FTSE DEV MKT ETF	921943858
VYM	VANGUARD WHITEHALL FDS INC	25,403	$1,981	1.6%	$69.95	—	HIGH DIV YLD	921946406
—	NUVEEN S&P 500 BUY-WRITE INC	133,135	$1,607	1.3%	$13.51	—	COM	6706ER101
VOE	VANGUARD INDEX FDS	15,839	$1,509	1.2%	$90.42	—	MCAP VL IDXVIP	922908512
VIG	VANGUARD GROUP	14,528	$1,423	1.1%	$93.52	—	DIV APP ETF	921908844
VBR	VANGUARD INDEX FDS	11,945	$1,362	1.1%	$111.46	—	SM CP VAL ETF	922908611
ILPT	INDUSTRIAL LOGISTICS PPTYS T	59,153	$1,164	0.9%	$22.09	—	COM SHS BEN INT	456237106
IJR	ISHARES TR	16,247	$1,126	0.9%	$85.86	—	CORE S&P SCP ETF	464287804
—	GOVERNMENT PPTYS INCOME TR	109,520	$752	0.6%	$6.87	—	COM SHS BEN INT	38376A103
SPSB	SPDR SERIES TRUST	22,835	$688	0.5%	$30.29	—	PORTFOLIO SHORT	78464A474
IJH	ISHARES TR	1,517	$252	0.2%	$199.93	—	CORE S&P MCP ETF	464287507
PAA	PLAINS ALL AMERN PIPELINE L	11,684	$234	0.2%	$43.44	—	UNIT LTD PARTN	726503105
—	SELECT INCOME REIT	20,081	$148	0.1%	$22.32	—	COM SH BEN INT	81618T100