JRM Investment Counsel, LLC Long-Term Concentrated

Location: Omaha, NE

CIK: 0001631084 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 10, 2020

Total Value: $165M (100.0% shares, 0.0% debt)

Holdings (29)

BRK/B BERKSHIRE HATHAWAY INC DEL 15.0%

Value $24.7M Shares 109,036 Est. Cost $166.55 Unrealized +30.4%

BXMT BLACKSTONE MTG TR INC 9.3%

Value $15.4M Shares 413,774 Est. Cost $31.22 Unrealized —

VTI VANGUARD INDEX FDS 7.8%

Value $12.89M Shares 78,794 Est. Cost $119.28 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 7.4%

Value $12.21M Shares 433,714 Est. Cost $30.15 Unrealized —

BX BLACKSTONE GROUP INC 7.0%

Value $11.51M Shares 205,752 Est. Cost $39.22 Unrealized +7.3%

VIG VANGUARD GROUP 6.7%

Value $11.03M Shares 88,456 Est. Cost $115.48 Unrealized —

AAPL APPLE INC 5.8%

Value $9.604M Shares 32,706 Est. Cost $26.83 Unrealized +131.2%

EFAV ISHARES TR 4.4%

Value $7.181M Shares 96,340 Est. Cost $67.77 Unrealized —

— WELLS FARGO CO NEW 4.1%

Value $6.69M Shares 4,614 Est. Cost $1239.75 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 3.6%

Value $5.905M Shares 321,083 Est. Cost $18.39 Unrealized —

MINT PIMCO ETF TR 2.8%

Value $4.61M Shares 45,374 Est. Cost $101.60 Unrealized —

KMI KINDER MORGAN INC DEL 2.7%

Value $4.443M Shares 209,871 Est. Cost $15.11 Unrealized -7.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 2.7%

Value $4.415M Shares 13 Est. Cost $226185.19 Unrealized +44.0%

VEA VANGUARD TAX MANAGED INTL FD 2.7%

Value $4.384M Shares 99,501 Est. Cost $40.48 Unrealized —

EEMV ISHARES INC 2.3%

Value $3.751M Shares 63,938 Est. Cost $57.48 Unrealized —

TRP TC ENERGY CORP 1.9%

Value $3.183M Shares 59,699 Est. Cost $34.25 Unrealized +9.2%

SCHD SCHWAB STRATEGIC TR 1.9%

Value $3.062M Shares 52,862 Est. Cost $44.54 Unrealized —

SPSB SPDR SERIES TRUST 1.7%

Value $2.837M Shares 92,007 Est. Cost $30.70 Unrealized —

SPDW SPDR INDEX SHS FDS 1.6%

Value $2.695M Shares 85,956 Est. Cost $28.75 Unrealized —

SPTM SPDR SERIES TRUST 1.6%

Value $2.691M Shares 67,501 Est. Cost $33.63 Unrealized —

KREF KKR REAL ESTATE FIN TR INC 1.6%

Value $2.606M Shares 127,615 Est. Cost $20.42 Unrealized —

— BANK AMER CORP 1.6%

Value $2.569M Shares 1,773 Est. Cost $1212.29 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.2%

Value $1.957M Shares 20,885 Est. Cost $69.95 Unrealized —

PAGP PLAINS GP HLDGS L P 0.9%

Value $1.41M Shares 74,400 Est. Cost $22.95 Unrealized —

VBR VANGUARD INDEX FDS 0.8%

Value $1.374M Shares 10,026 Est. Cost $127.97 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 0.6%

Value $964K Shares 66,563 Est. Cost $12.60 Unrealized —

VOE VANGUARD INDEX FDS 0.2%

Value $302K Shares 2,533 Est. Cost $90.42 Unrealized —

— AMERICA FIRST MULTIFAMILY IN 0.1%

Value $231K Shares 30,000 Est. Cost $8.17 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 0.1%

Value $210K Shares 15,248 Est. Cost $13.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	109,036	$24.7M	15.0%	$166.55	+30.4%	CL B NEW	084670702
BXMT	BLACKSTONE MTG TR INC	413,774	$15.4M	9.3%	$31.22	—	COM CL A	09257W100
VTI	VANGUARD INDEX FDS	78,794	$12.89M	7.8%	$119.28	—	TOTAL STK MKT	922908769
EPD	ENTERPRISE PRODS PARTNERS L	433,714	$12.21M	7.4%	$30.15	—	COM	293792107
BX	BLACKSTONE GROUP INC	205,752	$11.51M	7.0%	$39.22	+7.3%	COM CL A	09260D107
VIG	VANGUARD GROUP	88,456	$11.03M	6.7%	$115.48	—	DIV APP ETF	921908844
AAPL	APPLE INC	32,706	$9.604M	5.8%	$26.83	+131.2%	COM	037833100
EFAV	ISHARES TR	96,340	$7.181M	4.4%	$67.77	—	MIN VOL EAFE ETF	46429B689
—	WELLS FARGO CO NEW	4,614	$6.69M	4.1%	$1239.75	—	PERP PFD CNV A	949746804
PAA	PLAINS ALL AMERN PIPELINE L	321,083	$5.905M	3.6%	$18.39	—	UNIT LTD PARTN	726503105
MINT	PIMCO ETF TR	45,374	$4.61M	2.8%	$101.60	—	ENHAN SHRT MA AC	72201R833
KMI	KINDER MORGAN INC DEL	209,871	$4.443M	2.7%	$15.11	-7.0%	COM	49456B101
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$4.415M	2.7%	$226185.19	+44.0%	CL A	084670108
VEA	VANGUARD TAX MANAGED INTL FD	99,501	$4.384M	2.7%	$40.48	—	FTSE DEV MKT ETF	921943858
EEMV	ISHARES INC	63,938	$3.751M	2.3%	$57.48	—	MIN VOL EMRG MKT	464286533
TRP	TC ENERGY CORP	59,699	$3.183M	1.9%	$34.25	+9.2%	COM	87807B107
SCHD	SCHWAB STRATEGIC TR	52,862	$3.062M	1.9%	$44.54	—	US DIVIDEND EQ	808524797
SPSB	SPDR SERIES TRUST	92,007	$2.837M	1.7%	$30.70	—	PORTFOLIO SHORT	78464A474
SPDW	SPDR INDEX SHS FDS	85,956	$2.695M	1.6%	$28.75	—	PORTFOLIO DEVLPD	78463X889
SPTM	SPDR SERIES TRUST	67,501	$2.691M	1.6%	$33.63	—	PORTFOLIO TL STK	78464A805
KREF	KKR REAL ESTATE FIN TR INC	127,615	$2.606M	1.6%	$20.42	—	COM	48251K100
—	BANK AMER CORP	1,773	$2.569M	1.6%	$1212.29	—	7.25%CNV PFD L	060505682
VYM	VANGUARD WHITEHALL FDS INC	20,885	$1.957M	1.2%	$69.95	—	HIGH DIV YLD	921946406
PAGP	PLAINS GP HLDGS L P	74,400	$1.41M	0.9%	$22.95	—	LTD PARTNR INT A	72651A207
VBR	VANGUARD INDEX FDS	10,026	$1.374M	0.8%	$127.97	—	SM CP VAL ETF	922908611
—	MONMOUTH REAL ESTATE INVT CO	66,563	$964K	0.6%	$12.60	—	CL A	609720107
VOE	VANGUARD INDEX FDS	2,533	$302K	0.2%	$90.42	—	MCAP VL IDXVIP	922908512
—	AMERICA FIRST MULTIFAMILY IN	30,000	$231K	0.1%	$8.17	—	BEN UNIT CTF	02364V107
—	NUVEEN S&P 500 BUY-WRITE INC	15,248	$210K	0.1%	$13.51	—	COM	6706ER101