Latest JRM Investment Counsel, LLC Stock Portfolio

JRM Investment Counsel, LLC Performance:

2025 Q4: 2.27%YTD: 14.47%2024: 15.86%

Performance for 2025 Q4 is 2.27%, and YTD is 14.47%, and 2024 is 15.86%.

About JRM Investment Counsel, LLC and 13F Hedge Fund Stock Holdings

JRM Investment Counsel, LLC is a hedge fund based in Omaha, NE. On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, JRM Investment Counsel, LLC reported an equity portfolio of $345.7 Millions as of 31 Dec, 2025.

The top stock holdings of JRM Investment Counsel, LLC are , VEA, AEMB. The fund has invested 29.2% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 11.4% of portfolio in VANGUARD TAX-MANAGED FDS.

They significantly reduced their stock positions in BLACKSTONE INC (BX) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD SPECIALIZED FUNDS (VIG), AMERICAN CENTY ETF TR (AEMB) and VANGUARD TAX-MANAGED FDS (VEA).

JRM Investment Counsel, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that JRM Investment Counsel, LLC made a return of 2.27% in the last quarter. In trailing 12 months, it's portfolio return was 14.47%.

Performance
S&P 500

New Buys

No new stocks were added by JRM Investment Counsel, LLC

Additions

Ticker	% Inc.
vanguard specialized funds	3.32
american centy etf tr	2.4
american centy etf tr	2.08
vanguard tax-managed fds	1.97
american centy etf tr	1.85
american centy etf tr	1.58
enterprise prods partners l	1.36
spdr index shs fds	1.34

Additions to existing portfolio by JRM Investment Counsel, LLC

Reductions

Ticker	% Reduced
bank america corp	-17.93
blackstone inc	-12.71
apple inc	-3.89
wells fargo co new	-2.06

JRM Investment Counsel, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by JRM Investment Counsel, LLC

Sector Distribution

JRM Investment Counsel, LLC has about 92% of it's holdings in Others sector.

Sector	%
Others	92
Energy	6.3
Financial Services	1.1

Market Cap. Distribution

JRM Investment Counsel, LLC has about 6.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	92
LARGE-CAP	6.2
MID-CAP	1.3

Stocks belong to which Index?

About 0% of the stocks held by JRM Investment Counsel, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	99.3

Top 5 Winners (%)		%
AAPL	apple inc	6.6 %
AEMB	american centy etf tr	5.5 %
PAGP	plains gp hldgs l p	4.9 %
AEMB	american centy etf tr	4.8 %
AEMB	american centy etf tr	4.3 %

Top 5 Winners ($)		$
AEMB	american centy etf tr	1.7 M
VEA	vanguard tax-managed fds	1.6 M
AEMB	american centy etf tr	1.0 M
AEMB	american centy etf tr	0.8 M
AEMB	american centy etf tr	0.8 M

Top 5 Losers (%)		%
BX	blackstone inc	-9.2 %
CG	carlyle group inc	-5.7 %
UNP	union pac corp	-2.1 %
	berkshire hathaway inc del	-0.0 %

Top 5 Losers ($)		$
CG	carlyle group inc	-0.2 M
BX	blackstone inc	-0.1 M
	berkshire hathaway inc del	0.0 M
UNP	union pac corp	0.0 M

JRM Investment Counsel, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of JRM Investment Counsel, LLC

JRM Investment Counsel, LLC has 19 stocks in it's portfolio. About 93.9% of the portfolio is in top 10 stocks. CG proved to be the most loss making stock for the portfolio. AEMB was the most profitable stock for JRM Investment Counsel, LLC last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.52	6,546	1,779,630	reduced	-3.89

AEMB	american centy etf tr	10.94	499,066	37,814,200	added	2.4

AEMB	american centy etf tr	10.39	321,496	35,936,800	added	0.32

AEMB	american centy etf tr	7.06	316,761	24,396,900	added	1.58

AEMB	american centy etf tr	5.66	237,767	19,572,900	added	2.08

AEMB	american centy etf tr	5.16	174,902	17,836,500	added	0.81

AEMB	american centy etf tr	4.26	156,562	14,712,100	added	1.85

BAC	bank america corp	0.17	467	585,134	reduced	-17.93

BX	blackstone inc	0.13	2,954	455,267	reduced	-12.71

CG	carlyle group inc	0.94	54,921	3,246,370	added	1.26

CWI	spdr index shs fds	1.16	90,103	4,001,470	added	1.34

EPD	enterprise prods partners l	5.02	541,196	17,350,700	added	1.36

IBCE	ishares tr	0.43	16,644	1,488,930	added	1.11

PAGP	plains gp hldgs l p	1.27	229,000	4,383,060	unchanged	0.00

TRP	tc energy corp	0.43	27,000	1,485,270	unchanged	0.00

UNP	union pac corp	0.09	1,265	292,620	unchanged	0.00

VEA	vanguard tax-managed fds	11.41	631,723	39,463,700	added	1.97

VIG	vanguard specialized funds	0.28	4,416	970,611	added	3.32

WFC	wells fargo co new	0.65	1,850	2,241,960	reduced	-2.06

	berkshire hathaway inc del	29.24	201,142	101,104,000	added	1.16