JRM Investment Counsel, LLC Long-Term Concentrated

Location: Omaha, NE

CIK: 0001631084 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 12, 2026

Total Value: $346M (100.0% shares, 0.0% debt)

Holdings (21)

BRK/B BERKSHIRE HATHAWAY INC DEL 29.2%

Value $101M Shares 201,142 Est. Cost $237.02 Unrealized +109.9%

VEA VANGUARD TAX-MANAGED FDS 11.4%

Value $39.46M Shares 631,723 Est. Cost $47.84 Unrealized —

AVLV AMERICAN CENTY ETF TR 10.9%

Value $37.81M Shares 499,066 Est. Cost $52.82 Unrealized —

AVUS AMERICAN CENTY ETF TR 10.4%

Value $35.94M Shares 321,496 Est. Cost $81.40 Unrealized —

AVEM AMERICAN CENTY ETF TR 7.1%

Value $24.4M Shares 316,761 Est. Cost $58.76 Unrealized —

AVDE AMERICAN CENTY ETF TR 5.7%

Value $19.57M Shares 237,767 Est. Cost $74.40 Unrealized —

AVUV AMERICAN CENTY ETF TR 5.2%

Value $17.84M Shares 174,902 Est. Cost $79.66 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 5.0%

Value $17.35M Shares 541,196 Est. Cost $25.94 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 4.8%

Value $16.61M Shares 22 Est. Cost $245759.83 Unrealized +203.7%

AVDV AMERICAN CENTY ETF TR 4.3%

Value $14.71M Shares 156,562 Est. Cost $55.71 Unrealized —

PAGP PLAINS GP HLDGS L P 1.3%

Value $4.383M Shares 229,000 Est. Cost $20.76 Unrealized —

SPDW SPDR INDEX SHS FDS 1.2%

Value $4.001M Shares 90,103 Est. Cost $33.72 Unrealized —

CG CARLYLE GROUP INC 0.9%

Value $3.246M Shares 54,921 Est. Cost $61.42 Unrealized -8.4%

— WELLS FARGO CO NEW 0.6%

Value $2.242M Shares 1,850 Est. Cost $1294.04 Unrealized —

AAPL APPLE INC 0.5%

Value $1.78M Shares 6,546 Est. Cost $70.21 Unrealized +282.2%

IEFA ISHARES TR 0.4%

Value $1.489M Shares 16,644 Est. Cost $72.24 Unrealized —

TRP TC ENERGY CORP 0.4%

Value $1.485M Shares 27,000 Est. Cost $34.25 Unrealized +55.8%

VIG VANGUARD SPECIALIZED FUNDS 0.3%

Value $971K Shares 4,416 Est. Cost $120.62 Unrealized —

— BANK AMERICA CORP 0.2%

Value $585K Shares 467 Est. Cost $1208.89 Unrealized —

BX BLACKSTONE INC 0.1%

Value $455K Shares 2,954 Est. Cost $40.65 Unrealized +272.6%

UNP UNION PAC CORP 0.1%

Value $293K Shares 1,265 Est. Cost $211.45 Unrealized +7.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	201,142	$101M	29.2%	$237.02	+109.9%	CL B NEW	084670702
VEA	VANGUARD TAX-MANAGED FDS	631,723	$39.46M	11.4%	$47.84	—	VAN FTSE DEV MKT	921943858
AVLV	AMERICAN CENTY ETF TR	499,066	$37.81M	10.9%	$52.82	—	US LARGE CAP VLU	025072349
AVUS	AMERICAN CENTY ETF TR	321,496	$35.94M	10.4%	$81.40	—	US EQT ETF	025072885
AVEM	AMERICAN CENTY ETF TR	316,761	$24.4M	7.1%	$58.76	—	AVANTIS EMGMKT	025072604
AVDE	AMERICAN CENTY ETF TR	237,767	$19.57M	5.7%	$74.40	—	INTL EQT ETF	025072703
AVUV	AMERICAN CENTY ETF TR	174,902	$17.84M	5.2%	$79.66	—	US SML CP VALU	025072877
EPD	ENTERPRISE PRODS PARTNERS L	541,196	$17.35M	5.0%	$25.94	—	COM	293792107
BRK/A	BERKSHIRE HATHAWAY INC DEL	22	$16.61M	4.8%	$245759.83	+203.7%	CL A	084670108
AVDV	AMERICAN CENTY ETF TR	156,562	$14.71M	4.3%	$55.71	—	INTL SMCP VLU	025072802
PAGP	PLAINS GP HLDGS L P	229,000	$4.383M	1.3%	$20.76	—	LTD PARTNR INT A	72651A207
SPDW	SPDR INDEX SHS FDS	90,103	$4.001M	1.2%	$33.72	—	PORTFOLIO DEVLPD	78463X889
CG	CARLYLE GROUP INC	54,921	$3.246M	0.9%	$61.42	-8.4%	COM	14316J108
—	WELLS FARGO CO NEW	1,850	$2.242M	0.6%	$1294.04	—	PERP PFD CNV A	949746804
AAPL	APPLE INC	6,546	$1.78M	0.5%	$70.21	+282.2%	COM	037833100
IEFA	ISHARES TR	16,644	$1.489M	0.4%	$72.24	—	CORE MSCI EAFE	46432F842
TRP	TC ENERGY CORP	27,000	$1.485M	0.4%	$34.25	+55.8%	COM	87807B107
VIG	VANGUARD SPECIALIZED FUNDS	4,416	$971K	0.3%	$120.62	—	DIV APP ETF	921908844
—	BANK AMERICA CORP	467	$585K	0.2%	$1208.89	—	7.25%CNV PFD L	060505682
BX	BLACKSTONE INC	2,954	$455K	0.1%	$40.65	+272.6%	COM	09260D107
UNP	UNION PAC CORP	1,265	$293K	0.1%	$211.45	+7.5%	COM	907818108