JRM Investment Counsel, LLC
CIK 1631084 · View on SEC EDGAR ↗
- Portfolio value
- $413.3M
- Positions
- 21
- As of
- June 30, 2026
#4,279 of 9,443 by 13F value · top 45.3%
Portfolio value QoQ: +10.1% 13F does not disclose cash
- Top 10 holdings weight
- 91.34%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 13
- Effective number of positions
- 8.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.74% Est. buys $10,957,796 · sells $2,913,620
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.5% still held
- New positions
- 0
- Increased
- 9
- Decreased
- 8
- Closed
- 1
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Energy
6.8%
Consumer Discretionary
5.6%
Technology
0.3%
Industrials
0.1%
Financial Services
0.1%
Other/Unmapped
87.1%
Full portfolio 21 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BRKB | $101,332,978 | 24.52% | 202,508 | $4,118,632 | Down ×1 | ||
| AVLV | $49,410,922 | 11.96% | 541,727 | $6,512,775 | Up ×6 | ||
| VEA | $44,101,700 | 10.67% | 618,971 | $3,605,180 | Down ×1 | ||
| AVUS | $38,594,447 | 9.34% | 301,331 | $4,095,708 | Down ×2 | ||
| AVEM | $32,590,197 | 7.89% | 337,757 | $5,458,854 | Up ×5 | ||
| AVUV | $26,946,946 | 6.52% | 215,990 | $4,144,625 | Up ×5 | ||
| AVDE | $23,204,036 | 5.61% | 260,135 | $1,460,329 | Up ×4 | ||
| RGR Sturm, Ruger & Company, Inc. Common Stock | $23,088,500 | 5.59% | 610,000 | $7,172,770 | Up ×1 | ||
| EPD Enterprise Products Partners L.P. Common Stock | $20,193,924 | 4.89% | 549,345 | $-742,361 | Down ×1 | ||
| AVDV | $18,056,405 | 4.37% | 175,220 | $888,615 | Up ×5 | ||
| BRKA | $16,474,700 | 3.99% | 22 | $675,620 | |||
| PAGP Plains GP Holdings, L.P. - Class A Shares representing limited partner interests | $6,188,850 | 1.50% | 255,000 | $-2,550 | |||
| SPDW | $4,227,637 | 1.02% | 83,898 | $114,436 | Down ×1 | ||
| WFCPRL | $2,176,158 | 0.53% | 1,881 | $39,046 | Up ×1 | ||
| TRP TC Energy Corporation Common Stock | $1,789,830 | 0.43% | 27,000 | $99,630 | |||
| AAPL Apple Inc. - Common Stock | $1,438,448 | 0.35% | 4,971 | $19,474 | Down ×6 | ||
| IEFA | $1,205,448 | 0.29% | 12,481 | $77,352 | Up ×1 | ||
| VIG | $1,027,789 | 0.25% | 4,344 | $78,023 | Down ×1 | ||
| BACPRL | $584,029 | 0.14% | 466 | $34,861 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $344,080 | 0.08% | 1,265 | $37,166 | |||
| BX Blackstone Inc. Common Stock | $322,509 | 0.08% | 2,741 | $2,171 | Down ×6 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| AVLV | $49,410,922 | 11.96% | up ×6 |
| AVEM | $32,590,197 | 7.89% | up ×5 |
| AVUV | $26,946,946 | 6.52% | up ×5 |
| AVDE | $23,204,036 | 5.61% | up ×4 |
| AVDV | $18,056,405 | 4.37% | up ×5 |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| CG | March 31, 2026 | 54,921 | $3,246,367 | 0.9% |
| VTI | June 30, 2025 | 850 | $233,619 | No longer tracked |
| TFLO | March 31, 2025 | 3,964 | $200,057 | No longer tracked |