JRM Investment Counsel, LLC Long-Term Concentrated

CIK: 0001631084 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 12, 2020

Total Value ($000): $145,201 (100.0% shares, 0.0% debt)

Holdings (18)

BRK/B BERKSHIRE HATHAWAY INC DEL 19.5%

Value ($000) $28,348 Shares 133,129 Est. Cost $172.54 Unrealized +18.6%

VIG VANGUARD SPECIALIZED FUNDS 15.2%

Value ($000) $22,065 Shares 171,495 Est. Cost $112.62 Unrealized —

— WELLS FARGO CO NEW 8.2%

Value ($000) $11,962 Shares 8,913 Est. Cost $1268.42 Unrealized —

VTI VANGUARD INDEX FDS 8.0%

Value ($000) $11,565 Shares 67,903 Est. Cost $130.51 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 7.2%

Value ($000) $10,443 Shares 661,346 Est. Cost $24.85 Unrealized —

BX BLACKSTONE GROUP INC 6.6%

Value ($000) $9,550 Shares 182,947 Est. Cost $39.22 Unrealized +13.5%

KREF KKR REAL ESTATE FIN TR INC 6.0%

Value ($000) $8,737 Shares 528,564 Est. Cost $16.89 Unrealized —

EFAV ISHARES TR 4.9%

Value ($000) $7,073 Shares 103,810 Est. Cost $67.22 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 4.8%

Value ($000) $7,040 Shares 22 Est. Cost $245759.83 Unrealized +24.9%

AAPL APPLE INC 4.4%

Value ($000) $6,438 Shares 55,588 Est. Cost $63.02 Unrealized +68.1%

— BK OF AMERICA CORP 4.2%

Value ($000) $6,071 Shares 4,080 Est. Cost $1251.03 Unrealized —

BXMT BLACKSTONE MTG TR INC 3.0%

Value ($000) $4,397 Shares 200,138 Est. Cost $30.32 Unrealized —

VEA VANGUARD TAX-MANAGED INTL FD 2.9%

Value ($000) $4,158 Shares 101,661 Est. Cost $40.04 Unrealized —

SPDW SPDR INDEX SHS FDS 1.9%

Value ($000) $2,797 Shares 95,591 Est. Cost $28.69 Unrealized —

TRP TC ENERGY CORP 1.7%

Value ($000) $2,408 Shares 57,299 Est. Cost $34.25 Unrealized +0.9%

SPTM SPDR SER TR 1.0%

Value ($000) $1,407 Shares 34,417 Est. Cost $33.63 Unrealized —

— MONMOUTH REAL ESTATE INVT CO 0.3%

Value ($000) $390 Shares 28,187 Est. Cost $12.66 Unrealized —

FBND FIDELITY MERRIMACK STR TR 0.2%

Value ($000) $352 Shares 6,433 Est. Cost $54.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	133,129	$28,348	19.5%	$172.54	+18.6%	CL B NEW	084670702
VIG	VANGUARD SPECIALIZED FUNDS	171,495	$22,065	15.2%	$112.62	—	DIV APP ETF	921908844
—	WELLS FARGO CO NEW	8,913	$11,962	8.2%	$1268.42	—	PERP PFD CNV A	949746804
VTI	VANGUARD INDEX FDS	67,903	$11,565	8.0%	$130.51	—	TOTAL STK MKT	922908769
EPD	ENTERPRISE PRODS PARTNERS L	661,346	$10,443	7.2%	$24.85	—	COM	293792107
BX	BLACKSTONE GROUP INC	182,947	$9,550	6.6%	$39.22	+13.5%	COM CL A	09260D107
KREF	KKR REAL ESTATE FIN TR INC	528,564	$8,737	6.0%	$16.89	—	COM	48251K100
EFAV	ISHARES TR	103,810	$7,073	4.9%	$67.22	—	MSCI EAFE MIN VL	46429B689
BRK/A	BERKSHIRE HATHAWAY INC DEL	22	$7,040	4.8%	$245759.83	+24.9%	CL A	084670108
AAPL	APPLE INC	55,588	$6,438	4.4%	$63.02	+68.1%	COM	037833100
—	BK OF AMERICA CORP	4,080	$6,071	4.2%	$1251.03	—	7.25%CNV PFD L	060505682
BXMT	BLACKSTONE MTG TR INC	200,138	$4,397	3.0%	$30.32	—	COM CL A	09257W100
VEA	VANGUARD TAX-MANAGED INTL FD	101,661	$4,158	2.9%	$40.04	—	FTSE DEV MKT ETF	921943858
SPDW	SPDR INDEX SHS FDS	95,591	$2,797	1.9%	$28.69	—	PORTFOLIO DEVLPD	78463X889
TRP	TC ENERGY CORP	57,299	$2,408	1.7%	$34.25	+0.9%	COM	87807B107
SPTM	SPDR SER TR	34,417	$1,407	1.0%	$33.63	—	PORTFOLI S&P1500	78464A805
—	MONMOUTH REAL ESTATE INVT CO	28,187	$390	0.3%	$12.66	—	CL A	609720107
FBND	FIDELITY MERRIMACK STR TR	6,433	$352	0.2%	$54.72	—	TOTAL BD ETF	316188309