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JIC
JRM Investment Counsel Portfolio holdings
AUM
$413M
1-Year Est. Return
20.78%
This Fund
S&P 500
This Quarter
Est. Return
+5.15%
1 Year Est. Return
+20.78%
3 Year Est. Return
+65.46%
5 Year Est. Return
+71.39%
10 Year Est. Return
+215.46%
AUM
$118M
AUM Growth
+$14.2M
(+14%)
Cap. Flow
+$9.04M
Cap. Flow
% of AUM
7.63%
Top 10 Holdings %
Top 10 Hldgs %
58.53%
Holding
28
New
1
Increased
17
Reduced
7
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$1.54M |
| 2 |
iShares MSCI EAFE Min Vol Factor ETF
EFAV
|
+$1.28M |
| 3 |
Schwab US Dividend Equity ETF
SCHD
|
+$1.23M |
| 4 |
Bank of America Series L
BAC.PRL
|
+$1.15M |
| 5 |
Wells Fargo
WFC
|
+$910K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Williams Companies
WMB
|
+$1.22M |
| 2 |
Energy Transfer Partners
ET
|
+$601K |
| 3 |
ENLK
EnLink Midstream Partners, LP
ENLK
|
+$550K |
| 4 |
Kinder Morgan
KMI
|
+$365K |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$235K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 22.36% |
| 2 | Financials | 18.6% |
| 3 | Real Estate | 8.6% |
| 4 | Technology | 4.14% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Berkshire Hathaway Class B
BRK.B
$1.08T
| $13.2M | 11.11% |
91,083
+5,228
| +6% | +$765K |
|
|
2
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $9.18M | 7.75% |
82,462
+13,890
| +20% | +$1.54M |
|
|
3
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.48B
| $8.23M | 6.95% |
121,712
+19,053
| +19% | +$1.28M |
|
|
4
Bank of America Series L
BAC.PRL
$4.02B
| $6.93M | 5.85% |
5,676
+936
| +20% | +$1.15M |
|
5
Blackstone Mortgage Trust
BXMT
$2.44B
| $6.56M | 5.54% |
222,760
+15,920
| +8% | +$461K |
|
|
6
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.65B
| $5.99M | 5.06% |
4,576
+148
| +3% | +$198K |
|
7
Enterprise Products Partners
EPD
$84B
| $5.25M | 4.43% |
189,938
+23,277
| +14% | +$643K |
|
8
Apple
AAPL
$4.46T
| $4.91M | 4.14% |
173,700
-3,100
| -2% | -$82K |
|
9
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $4.58M | 3.87% |
41,404
+7,251
| +21% | +$795K |
|
10
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $4.57M | 3.86% |
48,835
+8,455
| +21% | +$782K |
|
|
HBANP
11
DELISTED
Huntington Bancshars Inc. Pfd Ser A
HBANP
| $4.51M | 3.81% |
3,135
+150
| +5% | +$217K |
|
|
ETP
12
DELISTED
Energy Transfer Partners L.p.
ETP
| $4.02M | 3.39% |
108,590
+8,000
| +8% | +$314K |
|
|
13
Williams Companies
WMB
$92B
| $3.75M | 3.16% |
121,868
-45,995
| -27% | -$1.22M |
|
14
Vanguard High Dividend Yield ETF
VYM
$84B
| $3.71M | 3.13% |
51,488
-1,688
| -3% | -$123K |
|
|
MNR
15
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $3.63M | 3.06% |
254,332
+24,206
| +11% | +$336K |
|
|
16
Wells Fargo
WFC
$269B
| $3.6M | 3.04% |
81,325
+19,025
| +31% | +$910K |
|
|
17
Kinder Morgan
KMI
$73.1B
| $3.54M | 2.99% |
153,212
-17,207
| -10% | -$365K |
|
18
TC Energy
TRP
$66.7B
| $3.33M | 2.81% |
70,000
| – | – |
|
19
Plains All American Pipeline
PAA
$16.9B
| $3.3M | 2.79% |
105,140
-3,200
| -3% | -$91.5K |
|
|
GMLP
20
DELISTED
Golar LNG Partners LP
GMLP
| $3.16M | 2.66% |
160,755
+10,755
| +7% | +$203K |
|
21
Blackstone
BX
$108B
| $2.68M | 2.26% |
105,105
+12,700
| +14% | +$335K |
|
|
22
Berkshire Hathaway Class A
BRK.A
$1.08T
| $2.6M | 2.19% |
12
| – | – |
|
|
23
Energy Transfer Partners
ET
$72.5B
| $2.03M | 1.72% |
121,100
-35,600
| -23% | -$601K |
|
24
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $1.58M | 1.33% |
29,247
+9,743
| +50% | +$520K |
|
|
ENLK
25
DELISTED
EnLink Midstream Partners, LP
ENLK
| $1.28M | 1.08% |
72,100
-31,350
| -30% | -$550K |
|
Similar funds
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SCP
BWM
VR
HCM
RBWA
CGFA
JRM Investment Counsel's Q3 2016 Portfolio in Review
As of Q3 2016, JRM Investment Counsel held 28 positions worth $118M, up 14% from $104M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
JRM Investment Counsel deployed $9.04M of net new capital in Q3 2016, opening 1 new position and adding to 17 existing holdings. Its largest new stake was Schwab US Dividend Equity ETF: 87,345 shares worth $1.23M.
By sector, the portfolio is most concentrated in Energy at 22% of assets, down from 25% a quarter earlier, followed by Financials and Real Estate.
On the sell side, the largest reduction was Williams Companies, an estimated $1.22M trimmed.
- JRM Investment Counsel's largest Q3 2016 buy was Schwab US Dividend Equity ETF: 87,345 shares worth $1.23M.
- JRM Investment Counsel added most to Vanguard Morningstar Total Stock Market ETF in Q3 2016, an estimated $1.54M increase.
- JRM Investment Counsel's biggest Q3 2016 reduction was Williams Companies, cutting an estimated $1.22M.
- JRM Investment Counsel fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q3 2016, selling an estimated $235K.
- JRM Investment Counsel's ten largest holdings make up 59% of its $118M portfolio in Q3 2016.
- JRM Investment Counsel opened 1 new position and closed 1 in Q3 2016.
- JRM Investment Counsel's portfolio value rose 14% quarter-over-quarter to $118M.
Based on JRM Investment Counsel's 13F filing for Q3 2016, filed 3 Nov 2016.