Institutional
JRM Investment Counsel, LLC
CIK 0001631084
$375.4M
Reported AUM
21
Positions
Q1 2026
Period
2026-05-14
Filed
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%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $97.2M | 25.90% | — | HELD |
| 2 | AVLV | AMERICAN CENTY ETF TR | $92.03 | 0.94% | 35.06% | 85.91% | $42.9M | 11.43% | — | HELD |
| 3 | VEA | VANGUARD TAX-MANAGED FDS | $71.09 | 3.10% | 26.64% | 53.50% | $40.5M | 10.79% | — | HELD |
| 4 | AVUS | AMERICAN CENTY ETF TR | $126.88 | 1.68% | 24.28% | 73.66% | $34.5M | 9.19% | — | HELD |
| 5 | AVEM | AMERICAN CENTY ETF TR | $89.42 | 4.13% | 28.04% | 47.37% | $27.1M | 7.23% | — | HELD |
| 6 | AVUV | AMERICAN CENTY ETF TR | $125.24 | 0.10% | 40.12% | 79.72% | $22.8M | 6.07% | — | HELD |
| 7 | AVDE | AMERICAN CENTY ETF TR | $91.63 | 2.59% | 27.76% | 64.00% | $21.7M | 5.79% | — | HELD |
| 8 | EPD | ENTERPRISE PRODS PARTNERS L | $38.12 | -1.42% | 31.98% | 143.98% | $20.9M | 5.58% | — | HELD |
| 9 | AVDV | AMERICAN CENTY ETF TR | $105.14 | 2.86% | 31.10% | 83.17% | $17.2M | 4.57% | — | HELD |
| 10 | RGR | STURM RUGER & CO INC | $39.06 | 3.33% | 20.35% | -40.92% | $15.9M | 4.24% | — | HELD |
| 11 | BRK/A | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $15.8M | 4.21% | — | HELD |
| 12 | PAGP | PLAINS GP HLDGS L P | $26.59 | -0.26% | 46.52% | 285.94% | $6.2M | 1.65% | — | HELD |
| 13 | SPDW | SPDR INDEX SHS FDS | $50.42 | 3.05% | 30.79% | 57.65% | $4.1M | 1.10% | — | HELD |
| 14 | WFC 7.5 PERP L | WELLS FARGO & CO | — | — | — | — | $2.1M | 0.57% | — | HELD |
| 15 | TRP | TC ENERGY CORP | $68.09 | 1.20% | 43.49% | 83.62% | $1.7M | 0.45% | — | HELD |
| 16 | AAPL | APPLE INC | $333.43 | -1.41% | 65.41% | 124.96% | $1.4M | 0.38% | — | HELD |
| 17 | IEFA | ISHARES TR | $98.88 | 2.75% | 22.02% | 47.71% | $1.1M | 0.30% | — | HELD |
| 18 | VIG | VANGUARD SPECIALIZED FUNDS | $240.06 | 0.63% | 18.96% | 61.34% | $950K | 0.25% | — | HELD |
| 19 | BAC 7.25 PERP L | BANK AMERICA CORP | — | — | — | — | $549K | 0.15% | — | HELD |
| 20 | BX | BLACKSTONE INC | $128.07 | -1.03% | -21.30% | 21.33% | $320K | 0.09% | — | HELD |
| 21 | UNP | UNION PAC CORP | $289.46 | -0.93% | 34.09% | 47.81% | $307K | 0.08% | — | HELD |
Source: SEC EDGAR · accession 0001631084-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.