Q1 2026 · 13F-HR
JRM Investment Counsel, LLCholdings as filed
Filed 2026-05-14 · accession 0001631084-26-000002
$375.4M
Reported value
21
Positions
2026-03-31
Period end
The Brief · JRM Investment Counsel, LLC · Q1 2026
AI · grounded in 13F
JRM Investment Counsel, LLC established a new position in RGR valued at $15.9M. The fund closed its entire position in CG, resulting in a decrease of $3.2M. Additionally, the manager increased holdings in AVUV by 18.0% and trimmed its stake in IEFA by 25.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $97.2M | 25.9% | 202,868 | Common | NONE |
| 025072349 | AVLV | AMERICAN CENTY ETF TR | $42.9M | 11.4% | 532,169 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $40.5M | 10.8% | 631,968 | Common | NONE |
| 025072885 | AVUS | AMERICAN CENTY ETF TR | $34.5M | 9.19% | 310,296 | Common | NONE |
| 025072604 | AVEM | AMERICAN CENTY ETF TR | $27.1M | 7.23% | 336,701 | Common | NONE |
| 025072877 | AVUV | AMERICAN CENTY ETF TR | $22.8M | 6.07% | 206,412 | Common | NONE |
| 025072703 | AVDE | AMERICAN CENTY ETF TR | $21.7M | 5.79% | 256,291 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $20.9M | 5.58% | 553,284 | Common | NONE |
| 025072802 | AVDV | AMERICAN CENTY ETF TR | $17.2M | 4.57% | 171,919 | Common | NONE |
| 864159108 | RGR | STURM RUGER & CO INC | $15.9M | 4.24% | 397,000 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $15.8M | 4.21% | 22 | Common | NONE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $6.2M | 1.65% | 255,000 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $4.1M | 1.10% | 90,103 | Common | NONE |
| 949746804 | WFC 7.5 PERP L | WELLS FARGO & CO | $2.1M | 0.57% | 1,850 | Common | NONE |
| 87807B107 | TRP | TC ENERGY CORP | $1.7M | 0.45% | 27,000 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $1.4M | 0.38% | 5,591 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $1.1M | 0.30% | 12,461 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $949,766 | 0.25% | 4,416 | Common | NONE |
| 060505682 | BAC 7.25 PERP L | BANK AMERICA CORP | $549,168 | 0.15% | 461 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $320,338 | 0.09% | 2,786 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $306,914 | 0.08% | 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.