BEACH INVESTMENT COUNSEL INC PA
Q1 2025 Form 13-F
WEST CONSHOHOCKEN, PENNSYLVANIA
CIK 0001058800
· CRD 107615
· Institutional investment manager
$679.4M Reported Value Total
BEACH INVESTMENT COUNSEL INC reports 81 total accounts under management (AUM). There are 81 discretionary accounts valued at $981,697,260, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Discretionary Manager
Private funds (Form ADV)
1 fund
· $55.5M gross asset value
Hedge Fund: $55.5M
Source: Form ADV filed 2025-03-07
Reported value
$679.4M
Quarter over quarter
-1.2%
Holdings
117
Top-10 concentration
50.0%
Key People
Form ADV owners & control persons
Walter Thomas Beach
MANAGING DIRECTOR
Thomas Earl Beach
MANAGING DIRECTOR
Cheri Ann Bonvardo
CHIEF COMPLIANCE OFFICER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q1 2025 13F record
Q1 2025 13F filing summary
| Period of report | March 31, 2025 |
|---|---|
| Filed | April 14, 2025 |
| Form | 13F-HR |
| Reported value | $679.4M |
| Positions | 117 |
| Change in reported value | -8.2% |
| New positions | 7 |
| Exited positions | 10 |
| Position turnover | 13.4% |
| Top-10 concentration | 50.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q1 2025 13F
Filed Apr 14, 2025
|
117 | $679.4M |
|
Q4 2024 13F
Filed Jan 27, 2025
|
120 | $739.9M |
|
Q3 2024 13F
Filed Oct 15, 2024
|
218 | $808.5M |
|
Q2 2024 13F
Filed Jul 8, 2024
|
226 | $812.1M |
|
Q1 2024 13F
Filed Apr 15, 2024
|
143 | $810.8M |
|
Q4 2023 13F
Filed Jan 5, 2024
|
143 | $810.4M |
|
Q3 2023 13F
Filed Oct 24, 2023
|
151 | $800.1M |
|
Q2 2023 13F
Filed Jul 20, 2023
|
155 | $840.6M |
|
Q1 2023 13F
Filed Apr 21, 2023
|
152 | $750.6M |
|
Q4 2022 13F
Filed Feb 16, 2023
|
154 | $800.8M |
|
Q3 2022 13F
Filed Oct 26, 2022
|
146 | $703.2M |
|
Q2 2022 13F
Filed Aug 22, 2022
|
157 | $798.5M |
|
Q1 2022 13F
Filed Apr 28, 2022
|
164 | $946.8M |
|
Q4 2021 13F
Filed Mar 21, 2022
|
141 | $756.3M |
|
Q3 2021 13F
Filed Nov 4, 2021
|
174 | $1.1B |
|
Q2 2021 13F
Filed Jul 28, 2021
|
177 | $1.1B |
|
Q1 2021 13F
Filed May 7, 2021
|
161 | $1.1B |
|
Q4 2020 13F
Filed Feb 10, 2021
|
150 | $1.1B |
|
Q3 2020 13F
Filed Nov 2, 2020
|
142 | $849.5M |
|
Q2 2020 13F
Filed Aug 4, 2020
|
140 | $747.3M |
28 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q1 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | EPD Enterprise Prod Partners | $69.0M | 10.16% |
| 2 | ET Energy Transfer LP | $49.6M | 7.3% |
| 3 | MPLX MPLX LP | $45.4M | 6.68% |
| 4 | VST Vistra Energy Corp | $33.4M | 4.91% |
| 5 | AMZN Amazon.com Inc. | $30.3M | 4.45% |
| 6 | LNG Cheniere Energy Inc | $26.8M | 3.95% |
| 7 | NEE NextEra Energy, Inc. | $24.7M | 3.64% |
| 8 | GOOGL Alphabet, Inc. Cl A | $23.8M | 3.5% |
| 9 | HR Healthcare Realty | $18.7M | 2.76% |
| 10 | JPM J.P. Morgan Chase | $17.7M | 2.6% |
| 11 | KO Coca Cola Co. | $17.6M | 2.58% |
| 12 | META Meta Platforms, Inc. | $16.8M | 2.47% |
| 13 | MSFT Microsoft | $16.3M | 2.4% |
| 14 | MA MasterCard Inc. | $15.8M | 2.33% |
| 15 | BAC Bank of America | $15.5M | 2.28% |
| 16 | C Citigroup | $14.1M | 2.07% |
| 17 | V Visa | $13.9M | 2.04% |
| 18 | CWEN Clearway Energy, Inc. | $12.2M | 1.8% |
| 19 | APO Apollo Global Mgmt. | $12.1M | 1.77% |
| 20 | AAPL Apple Computer | $11.4M | 1.68% |
Values as reported on the Q1 2025 Form 13F. Every position is in the holdings table below.