Q3 2025 · 13F-HR
JRM Investment Counsel, LLCholdings as filed
Filed 2025-11-12 · accession 0001631084-25-000006
$334.1M
Reported value
21
Positions
2025-09-30
Period end
The Brief · JRM Investment Counsel, LLC · Q3 2025
AI · grounded in 13F
JRM Investment Counsel, LLC established a new position in BRK/B valued at $99.96M. The fund also added new holdings in VEA for $37.12M and AVLV for $35.22M. Other new positions include AVUS at $34.84M, AVEM at $23.42M, and AVDE at $18.38M. Total assets under management stand at $334.06M across 21 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $100.0M | 29.9% | 198,831 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $37.1M | 11.1% | 619,537 | Common | NONE |
| 025072349 | AVLV | AMERICAN CENTY ETF TR | $35.2M | 10.5% | 487,352 | Common | NONE |
| 025072885 | AVUS | AMERICAN CENTY ETF TR | $34.8M | 10.4% | 320,470 | Common | NONE |
| 025072604 | AVEM | AMERICAN CENTY ETF TR | $23.4M | 7.01% | 311,836 | Common | NONE |
| 025072703 | AVDE | AMERICAN CENTY ETF TR | $18.4M | 5.50% | 232,924 | Common | NONE |
| 025072877 | AVUV | AMERICAN CENTY ETF TR | $17.3M | 5.17% | 173,495 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $16.7M | 5.00% | 533,937 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $16.6M | 4.97% | 22 | Common | NONE |
| 025072802 | AVDV | AMERICAN CENTY ETF TR | $13.7M | 4.10% | 153,715 | Common | NONE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $4.2M | 1.25% | 229,000 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $3.8M | 1.14% | 88,913 | Common | NONE |
| 14316J108 | CG | CARLYLE GROUP INC | $3.4M | 1.02% | 54,240 | Common | NONE |
| 949746804 | WFC 7.5 PERP L | WELLS FARGO CO NEW | $2.3M | 0.70% | 1,889 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $1.7M | 0.52% | 6,811 | Common | NONE |
| 87807B107 | TRP | TC ENERGY CORP | $1.5M | 0.44% | 27,000 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $1.4M | 0.43% | 16,462 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $922,348 | 0.28% | 4,274 | Common | NONE |
| 060505682 | BAC 7.25 PERP L | BANK AMERICA CORP | $728,944 | 0.22% | 569 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $578,207 | 0.17% | 3,384 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $299,008 | 0.09% | 1,265 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.