JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 12, 2019

Total Value ($000): $150,982 (100.0% shares, 0.0% debt)

Holdings (26)

BRK/B BERKSHIRE HATHAWAY INC DEL 14.8%

Value ($000) $22,333 Shares 107,358 Est. Cost $165.76 Unrealized +24.3%

BXMT BLACKSTONE MTG TR INC 9.9%

Value ($000) $15,013 Shares 418,777 Est. Cost $31.22 Unrealized —

VTI VANGUARD INDEX FDS 8.3%

Value ($000) $12,478 Shares 82,638 Est. Cost $119.28 Unrealized —

BX BLACKSTONE GROUP INC 7.9%

Value ($000) $11,877 Shares 243,185 Est. Cost $39.22 Unrealized 0.0%

EPD ENTERPRISE PRODS PARTNERS L 7.8%

Value ($000) $11,846 Shares 414,489 Est. Cost $30.24 Unrealized —

— WELLS FARGO CO NEW 7.7%

Value ($000) $11,659 Shares 7,658 Est. Cost $1239.75 Unrealized —

VIG VANGUARD GROUP 6.6%

Value ($000) $10,012 Shares 83,729 Est. Cost $114.96 Unrealized —

AAPL APPLE INC 5.0%

Value ($000) $7,550 Shares 33,710 Est. Cost $26.83 Unrealized +87.2%

EFAV ISHARES TR 4.4%

Value ($000) $6,589 Shares 89,911 Est. Cost $67.28 Unrealized —

KMI KINDER MORGAN INC DEL 2.9%

Value ($000) $4,311 Shares 209,170 Est. Cost $15.11 Unrealized -6.8%

PAGP PLAINS GP HLDGS L P 2.8%

Value ($000) $4,231 Shares 199,307 Est. Cost $22.95 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 2.7%

Value ($000) $4,054 Shares 13 Est. Cost $226185.19 Unrealized +36.8%

VEA VANGUARD TAX MANAGED INTL FD 2.6%

Value ($000) $3,915 Shares 95,306 Est. Cost $40.32 Unrealized —

EEMV ISHARES INC 2.4%

Value ($000) $3,666 Shares 64,214 Est. Cost $57.48 Unrealized —

SCHD SCHWAB STRATEGIC TR 2.1%

Value ($000) $3,163 Shares 57,748 Est. Cost $44.54 Unrealized —

TRP TC ENERGY CORP 2.1%

Value ($000) $3,154 Shares 60,900 Est. Cost $34.25 Unrealized +5.2%

— BANK AMER CORP 2.1%

Value ($000) $3,141 Shares 2,095 Est. Cost $1212.29 Unrealized —

SPTM SPDR SERIES TRUST 2.0%

Value ($000) $3,056 Shares 83,179 Est. Cost $33.63 Unrealized —

SPDW SPDR INDEX SHS FDS 1.7%

Value ($000) $2,542 Shares 86,564 Est. Cost $28.75 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.2%

Value ($000) $1,852 Shares 20,877 Est. Cost $69.95 Unrealized —

SPSB SPDR SERIES TRUST 1.1%

Value ($000) $1,653 Shares 53,569 Est. Cost $30.60 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 0.7%

Value ($000) $1,111 Shares 77,069 Est. Cost $12.60 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 0.4%

Value ($000) $657 Shares 50,244 Est. Cost $13.51 Unrealized —

VBR VANGUARD INDEX FDS 0.4%

Value ($000) $587 Shares 4,556 Est. Cost $117.07 Unrealized —

VOE VANGUARD INDEX FDS 0.2%

Value ($000) $287 Shares 2,539 Est. Cost $90.42 Unrealized —

— AMERICA FIRST MULTIFAMILY IN 0.2%

Value ($000) $245 Shares 30,000 Est. Cost $8.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	107,358	$22,333	14.8%	$165.76	+24.3%	CL B NEW	084670702
BXMT	BLACKSTONE MTG TR INC	418,777	$15,013	9.9%	$31.22	—	COM CL A	09257W100
VTI	VANGUARD INDEX FDS	82,638	$12,478	8.3%	$119.28	—	TOTAL STK MKT	922908769
BX	BLACKSTONE GROUP INC	243,185	$11,877	7.9%	$39.22	0.0%	COM CL A	09260D107
EPD	ENTERPRISE PRODS PARTNERS L	414,489	$11,846	7.8%	$30.24	—	COM	293792107
—	WELLS FARGO CO NEW	7,658	$11,659	7.7%	$1239.75	—	PERP PFD CNV A	949746804
VIG	VANGUARD GROUP	83,729	$10,012	6.6%	$114.96	—	DIV APP ETF	921908844
AAPL	APPLE INC	33,710	$7,550	5.0%	$26.83	+87.2%	COM	037833100
EFAV	ISHARES TR	89,911	$6,589	4.4%	$67.28	—	MIN VOL EAFE ETF	46429B689
KMI	KINDER MORGAN INC DEL	209,170	$4,311	2.9%	$15.11	-6.8%	COM	49456B101
PAGP	PLAINS GP HLDGS L P	199,307	$4,231	2.8%	$22.95	—	LTD PARTNR INT A	72651A207
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$4,054	2.7%	$226185.19	+36.8%	CL A	084670108
VEA	VANGUARD TAX MANAGED INTL FD	95,306	$3,915	2.6%	$40.32	—	FTSE DEV MKT ETF	921943858
EEMV	ISHARES INC	64,214	$3,666	2.4%	$57.48	—	MIN VOL EMRG MKT	464286533
SCHD	SCHWAB STRATEGIC TR	57,748	$3,163	2.1%	$44.54	—	US DIVIDEND EQ	808524797
TRP	TC ENERGY CORP	60,900	$3,154	2.1%	$34.25	+5.2%	COM	87807B107
—	BANK AMER CORP	2,095	$3,141	2.1%	$1212.29	—	7.25%CNV PFD L	060505682
SPTM	SPDR SERIES TRUST	83,179	$3,056	2.0%	$33.63	—	PORTFOLIO TL STK	78464A805
SPDW	SPDR INDEX SHS FDS	86,564	$2,542	1.7%	$28.75	—	PORTFOLIO DEVLPD	78463X889
VYM	VANGUARD WHITEHALL FDS INC	20,877	$1,852	1.2%	$69.95	—	HIGH DIV YLD	921946406
SPSB	SPDR SERIES TRUST	53,569	$1,653	1.1%	$30.60	—	PORTFOLIO SHORT	78464A474
—	MONMOUTH REAL ESTATE INVT CO	77,069	$1,111	0.7%	$12.60	—	CL A	609720107
—	NUVEEN S&P 500 BUY-WRITE INC	50,244	$657	0.4%	$13.51	—	COM	6706ER101
VBR	VANGUARD INDEX FDS	4,556	$587	0.4%	$117.07	—	SM CP VAL ETF	922908611
VOE	VANGUARD INDEX FDS	2,539	$287	0.2%	$90.42	—	MCAP VL IDXVIP	922908512
—	AMERICA FIRST MULTIFAMILY IN	30,000	$245	0.2%	$8.17	—	BEN UNIT CTF	02364V107