BEACH INVESTMENT COUNSEL INC PA's Q3 2024 13F: 3 new positions, 14 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Oct 15, 2024 · 218 reported positions · accession 0001058800-24-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | NextEra Energy Partners (XIFR) | 4.1% | 1.6% | −2.5 pts | −748K sh | −62% |
| Reduced | Shell PLC ADR (SHEL) | 1.1% | 0.0% | −1.1 pts | −120K sh | −96% |
| Increased | Cheniere Energy Inc (LNG) | 0.9% | 1.9% | +1.0 pts | +42,496 sh | +103% |
| Reduced | Nestle Spons ADR (NSRGY) | 1.5% | 0.6% | −0.9 pts | −69,862 sh | −59% |
| Reduced | Mondelez Internat Inc. (MDLZ) | 1.2% | 0.7% | −0.5 pts | −71,817 sh | −48% |
| Reduced | Emerson Electric Co. (EMR) | 0.7% | 0.1% | −0.6 pts | −46,015 sh | −87% |
| Increased | Caterpillar (CAT) | 0.7% | 1.2% | +0.5 pts | +7,271 sh | +43% |
| Exited | Freeport McMoran Inc. (FCX) | 0.3% | — | −0.3 pts | −58,230 sh | −100% |
| Reduced | CenterPoint Energy, Inc. (CNP) | 1.3% | 0.9% | −0.4 pts | −92,474 sh | −27% |
| Reduced | Fedex (FDX) | 0.5% | 0.2% | −0.3 pts | −7,440 sh | −52% |
| Reduced | Enterprise Prod Partners (EPD) | 7.8% | 7.7% | −0.1 pts | −46,872 sh | −2% |
| Reduced | Energy Transfer LP (ET) | 5.9% | 5.7% | −0.2 pts | −82,604 sh | −3% |
| Reduced | Amazon.com Inc. (AMZN) | 4.7% | 4.4% | −0.3 pts | −5,963 sh | −3% |
| Reduced | MPLX LP (MPLX) | 4.7% | 4.8% | +0.1 pts | −20,333 sh | −2% |
| Reduced | NextEra Energy, Inc. (NEE) | 4.5% | 5.3% | +0.8 pts | −9,989 sh | −2% |
| Reduced | Alphabet, Inc. Cl A (GOOGL) | 4.4% | 4.0% | −0.5 pts | −4,807 sh | −2% |
| Reduced | Healthcare Realty (HR) | 3.3% | 3.6% | +0.3 pts | −38,880 sh | −2% |
| Reduced | Vistra Energy Corp (VST) | 3.8% | 5.2% | +1.4 pts | −5,434 sh | −1% |
| New | Duolingo, Inc Class A (DUOL) | — | 0.1% | +0.1 pts | +2,083 sh | new |
| Reduced | Coca Cola Co. (KO) | 2.4% | 2.7% | +0.3 pts | −8,152 sh | −3% |
| Reduced | Microsoft (MSFT) | 3.0% | 2.8% | −0.2 pts | −1,279 sh | −2% |
| Reduced | Apollo Global Mgmt. (APO) | 2.3% | 2.4% | +0.1 pts | −3,259 sh | −2% |
| Reduced | Meta Platforms, Inc. (META) | 2.1% | 2.3% | +0.2 pts | −711 sh | −2% |
| Reduced | CRH plc ADR (CRH) | 1.7% | 2.0% | +0.4 pts | −3,699 sh | −2% |
| Reduced | MasterCard Inc. (MA) | 1.7% | 1.8% | +0.2 pts | −668 sh | −2% |
| Reduced | Berkshire Hathaway B (BRK-B) | 0.4% | 0.4% | 0.0 pts | −680 sh | −8% |
| Reduced | Nvidia Corporation (NVDA) | 0.5% | 0.4% | 0.0 pts | −2,575 sh | −8% |
| Reduced | Boston Scientific (BSX) | 1.6% | 1.7% | +0.1 pts | −3,650 sh | −2% |
| Reduced | Citigroup (C) | 1.9% | 1.9% | −0.1 pts | −4,865 sh | −2% |
| Reduced | Visa (V) | 1.4% | 1.4% | 0.0 pts | −1,080 sh | −3% |
| Reduced | J.P. Morgan Chase (JPM) | 2.3% | 2.4% | +0.1 pts | −1,253 sh | −1% |
| Reduced | Clearway Energy, Inc. (CWEN) | 1.5% | 1.8% | +0.3 pts | −8,290 sh | −2% |
| Reduced | DTE Energy (DTE) | 0.9% | 1.1% | +0.1 pts | −1,843 sh | −3% |
| Reduced | Apple Computer (AAPL) | 2.0% | 2.2% | +0.2 pts | −975 sh | −1% |
| New | Seaport Entertainment Grp (SEG) | — | 0.0% | 0.0 pts | +8,041 sh | new |
| Reduced | Alphabet, Inc. Cl C (GOOG) | 0.6% | 0.5% | −0.1 pts | −1,285 sh | −5% |
| Reduced | BAE Systems PLC Sponsored ADR (BAESY) | 0.9% | 0.9% | 0.0 pts | −2,985 sh | −3% |
| Reduced | PNC Bank Corp. (PNC) | 0.7% | 0.8% | +0.1 pts | −907 sh | −2% |
| Reduced | Johnson & Johnson (JNJ) | 0.7% | 0.8% | +0.1 pts | −1,023 sh | −3% |
| Reduced | Bank of America (BAC) | 1.1% | 1.0% | 0.0 pts | −3,978 sh | −2% |
| Reduced | American Express (AXP) | 0.2% | 0.2% | 0.0 pts | −573 sh | −8% |
| Reduced | PG&E Corp. (PCG) | 0.8% | 0.9% | +0.1 pts | −6,804 sh | −2% |
| Reduced | Cummins Inc. (CMI) | 0.0% | 0.0% | 0.0 pts | −383 sh | −37% |
| New | Smith and Nephew PLC (SNN) | — | 0.0% | 0.0 pts | +3,797 sh | new |
| Reduced | Chubb Ltd. (CB) | 0.1% | 0.1% | 0.0 pts | −396 sh | −12% |
| Reduced | Deere & Co. (DE) | 0.1% | 0.1% | 0.0 pts | −266 sh | −13% |
| Reduced | HealthPeak Properties (PEAK) | 0.1% | 0.1% | 0.0 pts | −4,700 sh | −10% |
| Reduced | Chevron (CVX) | 0.1% | 0.1% | 0.0 pts | −710 sh | −9% |
| Reduced | Medtronic (MDT) | 0.3% | 0.3% | 0.0 pts | −1,128 sh | −4% |
| Reduced | Unilever PLC (UL) | 0.3% | 0.4% | 0.0 pts | −1,500 sh | −3% |
The 50 largest of 128 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 46.2% of the equity book
Changes in the top 10 this quarter: KO entered · XIFR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Enterprise Prod Partners (EPD) | 7.8% | 7.7% | |
| 2 | Energy Transfer LP (ET) | 5.9% | 5.7% | |
| 3 | NextEra Energy, Inc. (NEE) | 4.5% | 5.3% | |
| 4 | Vistra Energy Corp (VST) | 3.8% | 5.2% | |
| 5 | MPLX LP (MPLX) | 4.7% | 4.8% | |
| 6 | Amazon.com Inc. (AMZN) | 4.7% | 4.4% | |
| 7 | Alphabet, Inc. Cl A (GOOGL) | 4.4% | 4.0% | |
| 8 | Healthcare Realty (HR) | 3.3% | 3.6% | |
| 9 | Microsoft (MSFT) | 3.0% | 2.8% | |
| 10 | Coca Cola Co. (KO) | 2.4% | 2.7% | Entered the top 10 |
| — | NextEra Energy Partners (XIFR) | 4.1% | 1.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).