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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
-16.29%
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
$230M
AUM Growth
-$19.9M
Cap. Flow
+$24.9M
Cap. Flow %
10.87%
Top 10 Hldgs %
89.48%
Holding
18
New
1
Increased
9
Reduced
6
Closed
1
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
BRK.B icon
1
Berkshire Hathaway Class B
BRK.B
$1.08T
$60.4M 26.29%
221,049
+30,757
+16% +$9.65M
SCHD icon
2
Schwab US Dividend Equity ETF
SCHD
$108B
$26.1M 11.36%
1,092,150
+488,973
+81% +$12.4M
VEA icon
3
Vanguard FTSE Developed Markets ETF
VEA
$239B
$22.9M 9.96%
560,638
+207,882
+59% +$9.24M
WFC.PRL icon
4
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.65B
$17.2M 7.5%
14,163
+8,876
+168% +$10.9M
VIG icon
5
Vanguard Dividend Appreciation ETF
VIG
$114B
$16.4M 7.12%
113,963
+7,948
+7% +$1.21M
BX icon
6
Blackstone
BX
$108B
$16.1M 7%
176,229
+4,407
+3% +$476K
BXMT icon
7
Blackstone Mortgage Trust
BXMT
$2.44B
$13.2M 5.77%
478,453
+66,395
+16% +$2.01M
KREF
8
KKR Real Estate Finance Trust
KREF
$490M
$12.3M 5.35%
704,432
+38,874
+6% +$750K
EPD icon
9
Enterprise Products Partners
EPD
$84B
$11.9M 5.2%
489,866
+13,842
+3% +$364K
BRK.A icon
10
Berkshire Hathaway Class A
BRK.A
$1.08T
$9M 3.92%
22
SPDW icon
11
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42.1B
$7.61M 3.31%
263,834
-198,705
-43% -$6.29M
AAPL icon
12
Apple
AAPL
$4.46T
$6M 2.61%
43,870
-200
-0.5% -$30.3K
VTI icon
13
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
$4.08M 1.78%
21,631
-40,236
-65% -$8.27M
TRP icon
14
TC Energy
TRP
$66.7B
$2.55M 1.11%
49,199
-500
-1% -$27.9K
BAC.PRL icon
15
Bank of America Series L
BAC.PRL
$4.02B
$2.41M 1.05%
1,998
-6,347
-76% -$7.79M
SPTM icon
16
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
$785K 0.34%
16,884
-2,268
-12% -$115K
VGSH icon
17
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
$716K 0.31%
+12,160
New +$717K
FBND icon
18
Fidelity Total Bond ETF
FBND
$27.3B
-6,028
Closed -$300K

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JRM Investment Counsel's Q2 2022 Portfolio in Review

As of Q2 2022, JRM Investment Counsel held 18 positions worth $230M, down 8% from $249M the previous quarter. Its ten largest holdings account for 89% of the portfolio.

JRM Investment Counsel deployed $24.9M of net new capital in Q2 2022, opening 1 new position and adding to 9 existing holdings. Its largest new stake was Vanguard Short-Term Treasury ETF: 12,160 shares worth $716K.

By sector, the portfolio is most concentrated in Financials at 37% of assets, down from 40% a quarter earlier, followed by Real Estate and Energy.

On the sell side, the largest reduction was Vanguard Morningstar Total Stock Market ETF, an estimated $8.27M trimmed.

  • JRM Investment Counsel's largest Q2 2022 buy was Vanguard Short-Term Treasury ETF: 12,160 shares worth $716K.
  • JRM Investment Counsel added most to Schwab US Dividend Equity ETF in Q2 2022, an estimated $12.4M increase.
  • JRM Investment Counsel's biggest Q2 2022 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $8.27M.
  • JRM Investment Counsel fully exited Fidelity Total Bond ETF in Q2 2022, selling an estimated $300K.
  • JRM Investment Counsel's ten largest holdings make up 89% of its $230M portfolio in Q2 2022.
  • JRM Investment Counsel opened 1 new position and closed 1 in Q2 2022.
  • JRM Investment Counsel's portfolio value fell 8% quarter-over-quarter to $230M.

Based on JRM Investment Counsel's 13F filing for Q2 2022, filed 5 Aug 2022.