JRM Investment Counsel, LLC
JRM Investment Counsel, LLC reported 21 US-listed holdings worth $413.3 million in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: Berkshire Hathaway Inc. Class B (24.5%), American Centy ETF Trust (12.0%) and Vanguard Ftse Developed Markets (10.7%). Against the quarter before, it opened 0 positions, added to 9, trimmed 8 and sold out of 0.
The 14 largest of its 21 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +23.2% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Added to 9
- Sturm Ruger & Co. Inc. RGR+213,000 shares · +54%
- American Centy ETF Trust AVUV+9,578 shares · +5%
- American Centy ETF Trust AVLV+9,558 shares · +2%
- American Century ETF Trust AVDE+3,844 shares · +1%
- American Century ETF Trust AVDV+3,301 shares · +2%
- American Century ETF Trust AVEM+1,056 shares · +0%
- Wells Fargo Co. New+31 shares · +2%
- Bank America Corp.+5 shares · +1%
and 1 more in the table below
Trimmed 8
- American Centy ETF Trust AVUS-8,965 shares · -3%
- Vanguard Ftse Developed Markets VEA-12,997 shares · -2%
- SPDR Portfolio Developed World SPDW-6,205 shares · -7%
- Berkshire Hathaway Inc. Class B BRKB-360 shares · -0%
- Apple Inc. AAPL-620 shares · -11%
- Enterprise Products Partners L.P. EPD-3,939 shares · -1%
- Vanguard Specialized Funds VIG-72 shares · -2%
- Blackstone Inc. BX-45 shares · -2%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Berkshire Hathaway Inc. Class B BRKB | 202.5K | $101.3 million | 24.52% | -360 |
| American Centy ETF Trust AVLV | 541.7K | $49.4 million | 11.96% | +9.6K |
| Vanguard Ftse Developed Markets VEA | 619.0K | $44.1 million | 10.67% | -13.0K |
| American Centy ETF Trust AVUS | 301.3K | $38.6 million | 9.34% | -9.0K |
| American Century ETF Trust AVEM | 337.8K | $32.6 million | 7.89% | +1.1K |
| American Centy ETF Trust AVUV | 216.0K | $26.9 million | 6.52% | +9.6K |
| American Century ETF Trust AVDE | 260.1K | $23.2 million | 5.61% | +3.8K |
| Sturm Ruger & Co. Inc. RGR | 610.0K | $23.1 million | 5.59% | +213.0K |
| Enterprise Products Partners L.P. EPD | 549.3K | $20.2 million | 4.89% | -3.9K |
| American Century ETF Trust AVDV | 175.2K | $18.1 million | 4.37% | +3.3K |
| Berkshire Hathaway Inc. Del | 22 | $16.5 million | 3.99% | no change |
| Plains GP Holdings LP PAGP | 255.0K | $6.2 million | 1.50% | no change |
| SPDR Portfolio Developed World SPDW | 83.9K | $4.2 million | 1.02% | -6.2K |
| Wells Fargo Co. New | 1.9K | $2.2 million | 0.53% | +31 |
| TC Energy Corporation TRP | 27.0K | $1.8 million | 0.43% | no change |
| Apple Inc. AAPL | 5.0K | $1.4 million | 0.35% | -620 |
| iShares Core MSCI Eafe ETF IEFA | 12.5K | $1.2 million | 0.29% | +20 |
| Vanguard Specialized Funds VIG | 4.3K | $1.0 million | 0.25% | -72 |
| Bank America Corp. | 466 | $584,029 | 0.14% | +5 |
| Union Pacific Corp. UNP | 1.3K | $344,080 | 0.08% | no change |
| Blackstone Inc. BX | 2.7K | $322,509 | 0.08% | -45 |