JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 10, 2020

Total Value ($000): $164,814 (100.0% shares, 0.0% debt)

Holdings (29)

BRK/B BERKSHIRE HATHAWAY INC DEL 15.0%

Value ($000) $24,697 Shares 109,036 Est. Cost $166.55 Unrealized +30.4%

BXMT BLACKSTONE MTG TR INC 9.3%

Value ($000) $15,401 Shares 413,774 Est. Cost $31.22 Unrealized —

VTI VANGUARD INDEX FDS 7.8%

Value ($000) $12,892 Shares 78,794 Est. Cost $119.28 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 7.4%

Value ($000) $12,213 Shares 433,714 Est. Cost $30.15 Unrealized —

BX BLACKSTONE GROUP INC 7.0%

Value ($000) $11,510 Shares 205,752 Est. Cost $39.22 Unrealized +7.3%

VIG VANGUARD GROUP 6.7%

Value ($000) $11,027 Shares 88,456 Est. Cost $115.48 Unrealized —

AAPL APPLE INC 5.8%

Value ($000) $9,604 Shares 32,706 Est. Cost $26.83 Unrealized +131.2%

EFAV ISHARES TR 4.4%

Value ($000) $7,181 Shares 96,340 Est. Cost $67.77 Unrealized —

— WELLS FARGO CO NEW 4.1%

Value ($000) $6,690 Shares 4,614 Est. Cost $1239.75 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 3.6%

Value ($000) $5,905 Shares 321,083 Est. Cost $18.39 Unrealized —

MINT PIMCO ETF TR 2.8%

Value ($000) $4,610 Shares 45,374 Est. Cost $101.60 Unrealized —

KMI KINDER MORGAN INC DEL 2.7%

Value ($000) $4,443 Shares 209,871 Est. Cost $15.11 Unrealized -7.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 2.7%

Value ($000) $4,415 Shares 13 Est. Cost $226185.19 Unrealized +44.0%

VEA VANGUARD TAX MANAGED INTL FD 2.7%

Value ($000) $4,384 Shares 99,501 Est. Cost $40.48 Unrealized —

EEMV ISHARES INC 2.3%

Value ($000) $3,751 Shares 63,938 Est. Cost $57.48 Unrealized —

TRP TC ENERGY CORP 1.9%

Value ($000) $3,183 Shares 59,699 Est. Cost $34.25 Unrealized +9.2%

SCHD SCHWAB STRATEGIC TR 1.9%

Value ($000) $3,062 Shares 52,862 Est. Cost $44.54 Unrealized —

SPSB SPDR SERIES TRUST 1.7%

Value ($000) $2,837 Shares 92,007 Est. Cost $30.70 Unrealized —

SPDW SPDR INDEX SHS FDS 1.6%

Value ($000) $2,695 Shares 85,956 Est. Cost $28.75 Unrealized —

SPTM SPDR SERIES TRUST 1.6%

Value ($000) $2,691 Shares 67,501 Est. Cost $33.63 Unrealized —

KREF KKR REAL ESTATE FIN TR INC 1.6%

Value ($000) $2,606 Shares 127,615 Est. Cost $20.42 Unrealized —

— BANK AMER CORP 1.6%

Value ($000) $2,569 Shares 1,773 Est. Cost $1212.29 Unrealized —

VYM VANGUARD WHITEHALL FDS INC 1.2%

Value ($000) $1,957 Shares 20,885 Est. Cost $69.95 Unrealized —

PAGP PLAINS GP HLDGS L P 0.9%

Value ($000) $1,410 Shares 74,400 Est. Cost $22.95 Unrealized —

VBR VANGUARD INDEX FDS 0.8%

Value ($000) $1,374 Shares 10,026 Est. Cost $127.97 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 0.6%

Value ($000) $964 Shares 66,563 Est. Cost $12.60 Unrealized —

VOE VANGUARD INDEX FDS 0.2%

Value ($000) $302 Shares 2,533 Est. Cost $90.42 Unrealized —

— AMERICA FIRST MULTIFAMILY IN 0.1%

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

— NUVEEN S&P 500 BUY-WRITE INC 0.1%

Value ($000) $210 Shares 15,248 Est. Cost $13.51 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	109,036	$24,697	15.0%	$166.55	+30.4%	CL B NEW	084670702
BXMT	BLACKSTONE MTG TR INC	413,774	$15,401	9.3%	$31.22	—	COM CL A	09257W100
VTI	VANGUARD INDEX FDS	78,794	$12,892	7.8%	$119.28	—	TOTAL STK MKT	922908769
EPD	ENTERPRISE PRODS PARTNERS L	433,714	$12,213	7.4%	$30.15	—	COM	293792107
BX	BLACKSTONE GROUP INC	205,752	$11,510	7.0%	$39.22	+7.3%	COM CL A	09260D107
VIG	VANGUARD GROUP	88,456	$11,027	6.7%	$115.48	—	DIV APP ETF	921908844
AAPL	APPLE INC	32,706	$9,604	5.8%	$26.83	+131.2%	COM	037833100
EFAV	ISHARES TR	96,340	$7,181	4.4%	$67.77	—	MIN VOL EAFE ETF	46429B689
—	WELLS FARGO CO NEW	4,614	$6,690	4.1%	$1239.75	—	PERP PFD CNV A	949746804
PAA	PLAINS ALL AMERN PIPELINE L	321,083	$5,905	3.6%	$18.39	—	UNIT LTD PARTN	726503105
MINT	PIMCO ETF TR	45,374	$4,610	2.8%	$101.60	—	ENHAN SHRT MA AC	72201R833
KMI	KINDER MORGAN INC DEL	209,871	$4,443	2.7%	$15.11	-7.0%	COM	49456B101
BRK/A	BERKSHIRE HATHAWAY INC DEL	13	$4,415	2.7%	$226185.19	+44.0%	CL A	084670108
VEA	VANGUARD TAX MANAGED INTL FD	99,501	$4,384	2.7%	$40.48	—	FTSE DEV MKT ETF	921943858
EEMV	ISHARES INC	63,938	$3,751	2.3%	$57.48	—	MIN VOL EMRG MKT	464286533
TRP	TC ENERGY CORP	59,699	$3,183	1.9%	$34.25	+9.2%	COM	87807B107
SCHD	SCHWAB STRATEGIC TR	52,862	$3,062	1.9%	$44.54	—	US DIVIDEND EQ	808524797
SPSB	SPDR SERIES TRUST	92,007	$2,837	1.7%	$30.70	—	PORTFOLIO SHORT	78464A474
SPDW	SPDR INDEX SHS FDS	85,956	$2,695	1.6%	$28.75	—	PORTFOLIO DEVLPD	78463X889
SPTM	SPDR SERIES TRUST	67,501	$2,691	1.6%	$33.63	—	PORTFOLIO TL STK	78464A805
KREF	KKR REAL ESTATE FIN TR INC	127,615	$2,606	1.6%	$20.42	—	COM	48251K100
—	BANK AMER CORP	1,773	$2,569	1.6%	$1212.29	—	7.25%CNV PFD L	060505682
VYM	VANGUARD WHITEHALL FDS INC	20,885	$1,957	1.2%	$69.95	—	HIGH DIV YLD	921946406
PAGP	PLAINS GP HLDGS L P	74,400	$1,410	0.9%	$22.95	—	LTD PARTNR INT A	72651A207
VBR	VANGUARD INDEX FDS	10,026	$1,374	0.8%	$127.97	—	SM CP VAL ETF	922908611
—	MONMOUTH REAL ESTATE INVT CO	66,563	$964	0.6%	$12.60	—	CL A	609720107
VOE	VANGUARD INDEX FDS	2,533	$302	0.2%	$90.42	—	MCAP VL IDXVIP	922908512
—	AMERICA FIRST MULTIFAMILY IN	30,000	$231	0.1%	$8.17	—	BEN UNIT CTF	02364V107
—	NUVEEN S&P 500 BUY-WRITE INC	15,248	$210	0.1%	$13.51	—	COM	6706ER101