BEACH INVESTMENT COUNSEL INC/PA

PrivateCIK: 1058800

Location

WEST CONSHOHOCKEN, PA

117

Positions

$679.4K

Total AUM (reported)

13.01M

Total Shares

Allocation by class

COM$679.4K100.0%

Portfolio Concentration

Top 3$164.0K24.1%

4–10$175.4K25.8%

11–25$190.5K28.0%

Rest$149.5K22.0%

Top 3 weight

24.1%

Top 10 weight

50.0%

Voting Authority Distribution

Total shares with voting rights: 13.01M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

13.01M

% of voting shares100.0%

Investment Discretion (by position count)

Sole117

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings117

Rows:

Enterprise Prod Partners

SOLE

COM

Shares2.02M

TypeSH

Market value$69.0K

10.16%

Sole

0.00

Shared

0.00

None

2.02M

Energy Transfer LP

SOLE

COM

Shares2.67M

TypeSH

Market value$49.6K

7.30%

Sole

0.00

Shared

0.00

None

2.67M

MPLX LP

SOLE

COM

Shares848.33K

TypeSH

Market value$45.4K

6.68%

Sole

0.00

Shared

0.00

None

848.33K

Vistra Energy Corp

SOLE

COM

Shares284.09K

TypeSH

Market value$33.4K

4.91%

Sole

0.00

Shared

0.00

None

284.09K

Amazon.com Inc.

SOLE

COM

Shares159.05K

TypeSH

Market value$30.3K

4.45%

Sole

0.00

Shared

0.00

None

159.05K

Cheniere Energy Inc

SOLE

COM

Shares115.89K

TypeSH

Market value$26.8K

3.95%

Sole

0.00

Shared

0.00

None

115.89K

NextEra Energy, Inc.

SOLE

COM

Shares349.12K

TypeSH

Market value$24.7K

3.64%

Sole

0.00

Shared

0.00

None

349.12K

Alphabet, Inc. Cl A

SOLE

COM

Shares153.78K

TypeSH

Market value$23.8K

3.50%

Sole

0.00

Shared

0.00

None

153.78K

Healthcare Realty

SOLE

COM

Shares1.11M

TypeSH

Market value$18.7K

2.76%

Sole

0.00

Shared

0.00

None

1.11M

J.P. Morgan Chase

SOLE

COM

Shares72.06K

TypeSH

Market value$17.7K

2.60%

Sole

0.00

Shared

0.00

None

72.06K

Coca Cola Co.

SOLE

COM

Shares245.05K

TypeSH

Market value$17.6K

2.58%

Sole

0.00

Shared

0.00

None

245.05K

Meta Platforms, Inc.

SOLE

COM

Shares29.07K

TypeSH

Market value$16.8K

2.47%

Sole

0.00

Shared

0.00

None

29.07K

Microsoft

SOLE

COM

Shares43.40K

TypeSH

Market value$16.3K

2.40%

Sole

0.00

Shared

0.00

None

43.40K

MasterCard Inc.

SOLE

COM

Shares28.91K

TypeSH

Market value$15.8K

2.33%

Sole

0.00

Shared

0.00

None

28.91K

Bank of America

SOLE

COM

Shares371.69K

TypeSH

Market value$15.5K

2.28%

Sole

0.00

Shared

0.00

None

371.69K

Citigroup

SOLE

COM

Shares198.26K

TypeSH

Market value$14.1K

2.07%

Sole

0.00

Shared

0.00

None

198.26K

Visa

SOLE

COM

Shares39.59K

TypeSH

Market value$13.9K

2.04%

Sole

0.00

Shared

0.00

None

39.59K

Clearway Energy, Inc.

SOLE

COM

Shares404.33K

TypeSH

Market value$12.2K

1.80%

Sole

0.00

Shared

0.00

None

404.33K

Apollo Global Mgmt.

SOLE

COM

Shares88.02K

TypeSH

Market value$12.1K

1.77%

Sole

0.00

Shared

0.00

None

88.02K

Apple Computer

SOLE

COM

Shares51.49K

TypeSH

Market value$11.4K

1.68%

Sole

0.00

Shared

0.00

None

51.49K

CRH plc ADR

SOLE

COM

Shares116.80K

TypeSH

Market value$10.3K

1.51%

Sole

0.00

Shared

0.00

None

116.80K

PG&E Corp.

SOLE

COM

Shares575.05K

TypeSH

Market value$9.9K

1.45%

Sole

0.00

Shared

0.00

None

575.05K

Howard Hughes Holdings

SOLE

COM

Shares112.70K

TypeSH

Market value$8.3K

1.23%

Sole

0.00

Shared

0.00

None

112.70K

DTE Energy

SOLE

COM

Shares59.65K

TypeSH

Market value$8.2K

1.21%

Sole

0.00

Shared

0.00

None

59.65K

BAE Systems PLC Sponsored ADR

SOLE

COM

Shares98.68K

TypeSH

Market value$8.1K

1.19%

Sole

0.00

Shared

0.00

None

98.68K

Issuer	Class	Shares	Type	Value / Portfolio %	None
Enterprise Prod PartnersSOLE	COM	2.02M	SH	$69.0K 10.16%	2.02M
Energy Transfer LPSOLE	COM	2.67M	SH	$49.6K 7.30%	2.67M
MPLX LPSOLE	COM	848.33K	SH	$45.4K 6.68%	848.33K
Vistra Energy CorpSOLE	COM	284.09K	SH	$33.4K 4.91%	284.09K
Amazon.com Inc.SOLE	COM	159.05K	SH	$30.3K 4.45%	159.05K
Cheniere Energy IncSOLE	COM	115.89K	SH	$26.8K 3.95%	115.89K
NextEra Energy, Inc.SOLE	COM	349.12K	SH	$24.7K 3.64%	349.12K
Alphabet, Inc. Cl ASOLE	COM	153.78K	SH	$23.8K 3.50%	153.78K
Healthcare RealtySOLE	COM	1.11M	SH	$18.7K 2.76%	1.11M
J.P. Morgan ChaseSOLE	COM	72.06K	SH	$17.7K 2.60%	72.06K
Coca Cola Co.SOLE	COM	245.05K	SH	$17.6K 2.58%	245.05K
Meta Platforms, Inc.SOLE	COM	29.07K	SH	$16.8K 2.47%	29.07K
MicrosoftSOLE	COM	43.40K	SH	$16.3K 2.40%	43.40K
MasterCard Inc.SOLE	COM	28.91K	SH	$15.8K 2.33%	28.91K
Bank of AmericaSOLE	COM	371.69K	SH	$15.5K 2.28%	371.69K
CitigroupSOLE	COM	198.26K	SH	$14.1K 2.07%	198.26K
VisaSOLE	COM	39.59K	SH	$13.9K 2.04%	39.59K
Clearway Energy, Inc.SOLE	COM	404.33K	SH	$12.2K 1.80%	404.33K
Apollo Global Mgmt.SOLE	COM	88.02K	SH	$12.1K 1.77%	88.02K
Apple ComputerSOLE	COM	51.49K	SH	$11.4K 1.68%	51.49K
CRH plc ADRSOLE	COM	116.80K	SH	$10.3K 1.51%	116.80K
PG&E Corp.SOLE	COM	575.05K	SH	$9.9K 1.45%	575.05K
Howard Hughes HoldingsSOLE	COM	112.70K	SH	$8.3K 1.23%	112.70K
DTE EnergySOLE	COM	59.65K	SH	$8.2K 1.21%	59.65K
BAE Systems PLC Sponsored ADRSOLE	COM	98.68K	SH	$8.1K 1.19%	98.68K

Page 1 of 5

…