Institutional Manager · CIK 0001631084
JRM Investment Counsel, LLC
OMAHA, NE · File #028-16420
Latest AUM
$345.7M
Positions
21
Top-10 Concentration
93.9%
Filings
11
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | BERKSHIRE HATHAWAY INC DEL | BRK-A | +2,311 | +$1.2M | -$17,895 |
| ADD | AMERICAN CENTY ETF TR | 025072349 | +11,714 | +$887,569 | +$1.7M |
| ADD | VANGUARD TAX-MANAGED FDS | 921943858 | +12,186 | +$761,259 | +$1.6M |
| ADD | AMERICAN CENTY ETF TR | 025072703 | +4,843 | +$398,675 | +$796,563 |
| ADD | AMERICAN CENTY ETF TR | 025072604 | +4,925 | +$379,323 | +$595,622 |
| ADD | AMERICAN CENTY ETF TR | 025072802 | +2,847 | +$267,532 | +$759,328 |
| ADD | ENTERPRISE PRODS PARTNERS L | 293792107 | +7,259 | +$232,724 | +$421,816 |
| ADD | AMERICAN CENTY ETF TR | 025072877 | +1,407 | +$143,485 | +$424,991 |
| REDUCE | BANK AMERICA CORP | 060505682 | -102 | -$127,802 | -$16,008 |
| ADD | AMERICAN CENTY ETF TR | 025072885 | +1,026 | +$114,686 | +$987,014 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202521 pos · $345.7M
- 13F HOLDINGS REPORTQ/E Sep 202521 pos · $334.1M
- 13F HOLDINGS REPORTQ/E Jun 202520 pos · $311.1M
- 13F HOLDINGS REPORTQ/E Mar 202520 pos · $293.4M
- 13F HOLDINGS REPORTQ/E Dec 202420 pos · $282.9M
- 13F HOLDINGS REPORTQ/E Sep 202420 pos · $290.4M
- 13F HOLDINGS REPORTQ/E Jun 202421 pos · $296.5M
- 13F HOLDINGS REPORTQ/E Mar 202420 pos · $302.8M
- 13F HOLDINGS REPORT (Amended)Q/E Mar 20241 pos · $11.7M
- 13F HOLDINGS REPORT (Amended)Q/E Mar 20241 pos · $11.9M
- 13F HOLDINGS REPORTQ/E Dec 202321 pos · $214.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 201,142 | $101.1M | 29.24% |
| 2 | VANGUARD TAX-MANAGED FDS | 921943858 | 631,723 | $39.5M | 11.41% |
| 3 | AMERICAN CENTY ETF TR | 025072349 | 499,066 | $37.8M | 10.94% |
| 4 | AMERICAN CENTY ETF TR | 025072885 | 321,496 | $35.9M | 10.39% |
| 5 | AMERICAN CENTY ETF TR | 025072604 | 316,761 | $24.4M | 7.06% |
| 6 | AMERICAN CENTY ETF TR | 025072703 | 237,767 | $19.6M | 5.66% |
| 7 | AMERICAN CENTY ETF TR | 025072877 | 174,902 | $17.8M | 5.16% |
| 8 | ENTERPRISE PRODS PARTNERS L | 293792107 | 541,196 | $17.4M | 5.02% |
| 9 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 22 | $16.6M | 4.80% |
| 10 | AMERICAN CENTY ETF TR | 025072802 | 156,562 | $14.7M | 4.26% |
| 11 | PLAINS GP HLDGS L P | PAGP | 229,000 | $4.4M | 1.27% |
| 12 | SPDR INDEX SHS FDS | 78463X889 | 90,103 | $4.0M | 1.16% |
| 13 | CARLYLE GROUP INC | CGABL | 54,921 | $3.2M | 0.94% |
| 14 | WELLS FARGO CO NEW | 949746804 | 1,850 | $2.2M | 0.65% |
| 15 | APPLE INC | AAPL | 6,546 | $1.8M | 0.51% |
| 16 | ISHARES TR | 46432F842 | 16,644 | $1.5M | 0.43% |
| 17 | TC ENERGY CORP | TRPRF | 27,000 | $1.5M | 0.43% |
| 18 | VANGUARD SPECIALIZED FUNDS | 921908844 | 4,416 | $970,611 | 0.28% |
| 19 | BANK AMERICA CORP | 060505682 | 467 | $585,134 | 0.17% |
| 20 | BLACKSTONE INC | BX | 2,954 | $455,267 | 0.13% |