JRM Investment Counsel Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
|
+$3.41M |
| 2 |
BXMX
Nuveen S&P 500 Buy-Write Income Fund
BXMX
|
+$1.8M |
| 3 |
Bank of America Series L
BAC.PRL
|
+$1.27M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$1.08M |
| 5 |
Williams Companies
WMB
|
+$188K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$4.45M |
| 2 |
Vanguard Morningstar Small-Cap Value ETF
VBR
|
+$3.29M |
| 3 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$2.72M |
| 4 |
Energy Transfer Partners
ET
|
+$2.63M |
| 5 |
Wells Fargo
WFC
|
+$1.56M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.48% |
| 2 | Energy | 16.54% |
| 3 | Real Estate | 9.32% |
| 4 | Technology | 4.17% |
| 5 | Industrials | 2.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $964K | 0.81% |
12,084
-2,078
| -15% | -$165K |
|
27
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $590K | 0.5% |
14,860
+4,680
| +46% | +$181K |
|
|
PKY
28
DELISTED
Parkway, Inc.
PKY
| $491K | 0.41% |
24,664
-5,676
| -19% | -$119K |
|
|
29
Energy Transfer Partners
ET
$72.5B
| – | – |
-136,100
| Closed | -$2.63M |
|
|
ENLK
30
DELISTED
EnLink Midstream Partners, LP
ENLK
| – | – |
-58,500
| Closed | -$1.08M |
|
|
ETP
31
DELISTED
Energy Transfer Partners L.p.
ETP
| – | – |
-75,950
| Closed | -$2.72M |
|
Similar funds
JRM Investment Counsel's Q1 2017 Portfolio in Review
As of Q1 2017, JRM Investment Counsel held 31 positions worth $119M, down 8.4% from $130M the previous quarter. Its ten largest holdings account for 60% of the portfolio.
JRM Investment Counsel withdrew a net $14.9M in Q1 2017, closing 3 positions and reducing 19 holdings. Its most notable exit was Energy Transfer Partners L.p., an estimated $2.72M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 21% a quarter earlier, followed by Energy and Real Estate.
Against the trend, JRM Investment Counsel opened a new position in Nuveen S&P 500 Buy-Write Income Fund worth $1.81M.
- JRM Investment Counsel's largest Q1 2017 buy was Nuveen S&P 500 Buy-Write Income Fund: 136,795 shares worth $1.81M.
- JRM Investment Counsel added most to Wells Fargo 7.5% Non Cumv Perp Conv in Q1 2017, an estimated $3.41M increase.
- JRM Investment Counsel's biggest Q1 2017 reduction was Berkshire Hathaway Class B, cutting an estimated $4.45M.
- JRM Investment Counsel fully exited Energy Transfer Partners L.p. in Q1 2017, selling an estimated $2.72M.
- JRM Investment Counsel's ten largest holdings make up 60% of its $119M portfolio in Q1 2017.
- JRM Investment Counsel opened 1 new position and closed 3 in Q1 2017.
- JRM Investment Counsel's portfolio value fell 8.4% quarter-over-quarter to $119M.
Based on JRM Investment Counsel's 13F filing for Q1 2017, filed 1 May 2017.