JRM Investment Counsel, LLC

Est. AUM

$375.4M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	BERKSHIRE HATHAWAY INC DEL	CL B NEW	$97.2M	202868	25.90%	SOLE
2	AMERICAN CENTY ETF TR	US LARGE CAP VLU	$42.9M	532169	11.43%	SOLE
3	VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	$40.5M	631968	10.79%	SOLE
4	AMERICAN CENTY ETF TR	US EQT ETF	$34.5M	310296	9.19%	SOLE
5	AMERICAN CENTY ETF TR	AVANTIS EMGMKT	$27.1M	336701	7.23%	SOLE
6	AMERICAN CENTY ETF TR	US SML CP VALU	$22.8M	206412	6.07%	SOLE
7	AMERICAN CENTY ETF TR	INTL EQT ETF	$21.7M	256291	5.79%	SOLE
8	ENTERPRISE PRODS PARTNERS L	COM	$20.9M	553284	5.58%	SOLE
9	AMERICAN CENTY ETF TR	INTL SMCP VLU	$17.2M	171919	4.57%	SOLE
10	STURM RUGER & CO INC	COM	$15.9M	397000	4.24%	SOLE
11	BERKSHIRE HATHAWAY INC DEL	CL A	$15.8M	22	4.21%	SOLE
12	PLAINS GP HLDGS L P	LTD PARTNR INT A	$6.2M	255000	1.65%	SOLE
13	SPDR INDEX SHS FDS	STATE STREET SPD	$4.1M	90103	1.10%	SOLE
14	WELLS FARGO & CO	PERP PFD CNV A	$2.1M	1850	0.57%	SOLE
15	TC ENERGY CORP	COM	$1.7M	27000	0.45%	SOLE
16	APPLE INC	COM	$1.4M	5591	0.38%	SOLE
17	ISHARES TR	CORE MSCI EAFE	$1.1M	12461	0.30%	SOLE
18	VANGUARD SPECIALIZED FUNDS	DIV APP ETF	$950K	4416	0.25%	SOLE
19	BANK AMERICA CORP	7.25%CNV PFD L	$549K	461	0.15%	SOLE
20	BLACKSTONE INC	COM	$320K	2786	0.09%	SOLE
21	UNION PAC CORP	COM	$307K	1265	0.08%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.