JRM Investment Counsel, LLC
CIK
1631084
Location
OMAHA, NE
Portfolio Value
Small
$143,994,156
Diversification
Highly concentrated
Filing Date
Global Rank
#4,915
/ 8,603
▲ 382
· as of Mar 2026
Top Industry
Insurance - Diversified
67.5%
3Y Alpha vs SPY
-5.0%
Period ended 3 months ago
Filed May 14, 2026 · 56d
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+54.1%
SPY
+76.5%
Annualised alpha
-5.4%
Max drawdown
−12.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
8 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
67.5%
−10.2 pts
Top 5
98.6%
+0.3 pts
Top 10
100.0%
0.0 pts
HHI
4,912
Highly concentrated−1,326
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 67.7% | $97,534,707 |
| Energy | 20.0% | $28,817,866 |
| Industrials | 11.3% | $16,222,644 |
| Technology | 1.0% | $1,418,939 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
3 positions
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| RGR | Sturm Ruger & Co Inc | 397,000 | $15,915,730 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CG | Carlyle Group Inc. | 54,921 | $3,246,380 | |
| No positions match the current search. | ||||
8 positions ·
$143,994,156 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 202,868 | $97,214,345 | 67.51% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Added | 553,284 | $20,936,266 | 14.54% | |
| RGR |
Sturm Ruger & Co Inc
Industrials
|
NEW | 397,000 | $15,915,730 | 11.05% | |
| PAGP |
Plains Gp Holdings LP
Energy
|
Added | 255,000 | $6,191,400 | 4.30% | |
| TRP |
Tc Energy Corp
Energy
|
Held | 27,000 | $1,690,200 | 1.17% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 5,591 | $1,418,939 | 0.99% | |
| BX |
Blackstone Inc.
Financial Services
|
Reduced | 2,786 | $320,362 | 0.22% | |
| UNP |
Union Pacific Corp
Industrials
|
Held | 1,265 | $306,914 | 0.21% |