Chief Compliance Officer

0001058800-18-000004.txt : 20180730 0001058800-18-000004.hdr.sgml : 20180730 20180730131837 ACCESSION NUMBER: 0001058800-18-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180730 DATE AS OF CHANGE: 20180730 EFFECTIVENESS DATE: 20180730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEACH INVESTMENT COUNSEL INC/PA CENTRAL INDEX KEY: 0001058800 IRS NUMBER: 232845611 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03561 FILM NUMBER: 18976921 BUSINESS ADDRESS: STREET 1: FIVE TOWER BRIDGE STREET 2: 300 BARR HARBOR DRIVE SUITE 220 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 BUSINESS PHONE: 6109401111 MAIL ADDRESS: STREET 1: FIVE TOWER BRIDGE STREET 2: 300 BARR HARBOR DRIVE SUITE 220 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428 13F-HR 1 primary_doc.xml 13F-HR LIVE false true true 0001058800 XXXXXXXX 06-30-2018 06-30-2018 BEACH INVESTMENT COUNSEL INC/PA

FIVE TOWER BRIDGE 300 BARR HARBOR DRIVE SUITE 220 WEST CONSHOHOCKEN PA 19428

13F HOLDINGS REPORT 028-03561 N Cheri Cecchin Chief Compliance Officer 6109401111 Cheri Cecchin West Conshohocken PA 07-30-2018 0 157 658108 false INFORMATION TABLE 2 June2018inftable.XML 13 F REPORT AT&T COM 00206r102 2737 85234 SH SOLE 0 0 85234 AllianceBernstein Holdings, LP COM 01881g106 589 20625 SH SOLE 0 0 20625 Ameren Corp COM 023608102 20606 338630 SH SOLE 0 0 338630 Enbridge Energy Mgmt. COM 29250x103 635 61894 SH SOLE 0 0 61894 Enbridge Energy Partners L.P. COM 29250R106 156 14300 SH SOLE 0 0 14300 Enbridge Inc. COM 29250n105 2648 74184 SH SOLE 0 0 74184 Energy Transfer Equity LP COM 29273V100 23617 1369089 SH SOLE 0 0 1369089 Energy Transfer Partners LP COM 29278n103 548 28774 SH SOLE 0 0 28774 Enterprise Prod Partners COM 293792107 59946 2166454 SH SOLE 0 0 2166454 Evergy, Inc. COM 30034w106 11298 201214 SH SOLE 0 0 201214 HCP, Inc. COM 40414l109 6278 243150 SH SOLE 0 0 243150 Kinder Morgan Inc. COM 49456b101 2273 128622 SH SOLE 0 0 128622 Liberty Property Tr COM 531172104 4924 111083 SH SOLE 0 0 111083 MPLX LP COM 55336v100 738 21603 SH SOLE 0 0 21603 Magellan Midstream Partners, L COM 559080106 51510 745651 SH SOLE 0 0 745651 NRG Yield, Inc.Class C COM 62942X405 20042 1165247 SH SOLE 0 0 1165247 NextEra Energy Partners COM 65341b106 59914 1283779 SH SOLE 0 0 1283779 NextEra Energy, Inc. COM 65339F101 27317 163547 SH SOLE 0 0 163547 PPL Corporation COM 69351t106 8826 309138 SH SOLE 0 0 309138 Pattern Energy Group, Inc. Cla COM 70338p100 32230 1718921 SH SOLE 0 0 1718921 Pembina Pipeline Corp. COM 706327103 517 14930 SH SOLE 0 0 14930 Plains All American Pipeline L COM 726503105 2630 111250 SH SOLE 0 0 111250 Sunoco LP COM 86765k109 457 18294 SH SOLE 0 0 18294 Teekay LNG Partners COM y8564m105 603 35785 SH SOLE 0 0 35785 Verizon Comm COM 92343V104 4804 95492 SH SOLE 0 0 95492 Williams Companies Inc COM 969457100 2520 92950 SH SOLE 0 0 92950 Williams Companies Inc COM 969457100 43 1590 SH SOLE 0 0 1590 3M Company COM 88579y101 2904 14761 SH SOLE 0 0 14761 A. Schulman COM 808194104 938 21082 SH SOLE 0 0 21082 ABB Ltd. COM 000375204 300 13800 SH SOLE 0 0 13800 Abbott Laboratories COM 002824100 13334 218621 SH SOLE 0 0 218621 Advance Auto Parts COM 00751Y106 1118 8238 SH SOLE 0 0 8238 AerCap Holdings N.V. COM N00985106 2350 43400 SH SOLE 0 0 43400 Air Lease COM 00912x302 11114 264809 SH SOLE 0 0 264809 Air Products COM 009158106 266 1711 SH SOLE 0 0 1711 Alibaba Group Holdings Ltd COM 01609w102 14482 78056 SH SOLE 0 0 78056 Allergan Inc. COM G0177J108 2399 14390 SH SOLE 0 0 14390 Alphabet, Inc. Cl A COM 02079k305 22596 20011 SH SOLE 0 0 20011 Alphabet, Inc. Cl C COM 02079k107 329 295 SH SOLE 0 0 295 Amazon.com Inc. COM 023135106 27102 15944 SH SOLE 0 0 15944 American Express COM 025816109 758 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 2349 44306 SH SOLE 0 0 44306 Anheuser-Busch InBev SA/NV COM 03524A108 8116 80545 SH SOLE 0 0 80545 Anheuser-Busch Inbev ADR COM 03524A108 584 5800 SH SOLE 0 0 5800 Apple Computer COM 037833100 23229 125485 SH SOLE 0 0 125485 Ashland Inc. COM 044186104 456 5838 SH SOLE 0 0 5838 Automatic Data Processing COM 053015103 2922 21785 SH SOLE 0 0 21785 Bank of America COM 060505104 21052 746801 SH SOLE 0 0 746801 Becton Dickinson COM 075887109 2735 11418 SH SOLE 0 0 11418 Blackstone Group COM 09253U108 2586 80400 SH SOLE 0 0 80400 Boeing Company COM 097023105 635 1894 SH SOLE 0 0 1894 Brkshire Hathaway A COM 084670108 846 3 SH SOLE 0 0 3 Brkshire Hathaway B COM 084670702 4080 21859 SH SOLE 0 0 21859 CSX Corp. COM 126408103 9798 153620 SH SOLE 0 0 153620 CVS Health Corp COM 126650100 1779 27638 SH SOLE 0 0 27638 Cadence Design COM 127387108 399 9224 SH SOLE 0 0 9224 Carnival Corporation COM 143658300 4195 73207 SH SOLE 0 0 73207 Caterpillar COM 149123101 292 2150 SH SOLE 0 0 2150 Centene Corp COM 15135B101 217 1762 SH SOLE 0 0 1762 Charles Schwab COM 808513105 298 5825 SH SOLE 0 0 5825 Chevron COM 166764100 3067 24256 SH SOLE 0 0 24256 Chubb Ltd. COM H1467J104 501 3946 SH SOLE 0 0 3946 Cisco Systems COM 17275R102 1416 32909 SH SOLE 0 0 32909 Citigroup COM 172967424 18638 278507 SH SOLE 0 0 278507 Coca Cola Co. COM 191216100 687 15666 SH SOLE 0 0 15666 Colgate Palmolive COM 194162103 3379 52136 SH SOLE 0 0 52136 Comcast Cl A COM 20030N101 312 9524 SH SOLE 0 0 9524 ConocoPhillips COM 20825C104 2613 37531 SH SOLE 0 0 37531 Corning COM 219350105 239 8700 SH SOLE 0 0 8700 Costco Wholesale COM 22160K105 4204 20117 SH SOLE 0 0 20117 D. R. Horton COM 23331A109 4109 100210 SH SOLE 0 0 100210 Deere & Co. COM 244199105 471 3366 SH SOLE 0 0 3366 Delta Airlines COM 247361702 8673 175070 SH SOLE 0 0 175070 Dentsply Sirona COM 24906P109 2063 47140 SH SOLE 0 0 47140 Discovery Inc. A COM 25470f104 270 9831 SH SOLE 0 0 9831 Discovery Inc. C COM 25470f302 842 33011 SH SOLE 0 0 33011 DowDuPont COM 26078j100 9098 138015 SH SOLE 0 0 138015 EQT Corporation COM 26884l109 248 4496 SH SOLE 0 0 4496 Eli Lilly COM 532457108 415 4860 SH SOLE 0 0 4860 Emerson Electric Co. COM 291011104 895 12938 SH SOLE 0 0 12938 Estee Lauder COM 518439104 1042 7300 SH SOLE 0 0 7300 EverQuote COM 30041r108 290 16000 SH SOLE 0 0 16000 Exxon Mobil COM 30231G102 2870 34690 SH SOLE 0 0 34690 Facebook COM 30303M102 22121 113837 SH SOLE 0 0 113837 Facebook COM 30303M102 66 340 SH SOLE 0 0 340 Fedex COM 31428x106 24374 107344 SH SOLE 0 0 107344 First Quantum Minerals, Ltd. COM 335934105 562 38160 SH SOLE 0 0 38160 Fomento Economico Mexicano SA COM 344419106 3434 39120 SH SOLE 0 0 39120 Freeport McMoran Inc. COM 35671D857 8115 470144 SH SOLE 0 0 470144 Gamco Investors A COM 361438104 318 11888 SH SOLE 0 0 11888 General Electric COM 369604103 918 67483 SH SOLE 0 0 67483 Genuine Parts COM 372460105 888 9677 SH SOLE 0 0 9677 Glencore PC ADR COM 37827X100 16168 1701944 SH SOLE 0 0 1701944 Henry Schein COM 806407102 2080 28640 SH SOLE 0 0 28640 Home Depot COM 437076102 9718 49808 SH SOLE 0 0 49808 IBM COM 459200101 1047 7498 SH SOLE 0 0 7498 Illinois Tool Works COM 452308109 1038 7489 SH SOLE 0 0 7489 Intel Corp. COM 458140100 547 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 1049 39496 SH SOLE 0 0 39496 J.P. Morgan Chase COM 46625h100 49611 476109 SH SOLE 0 0 476109 Johnson & Johnson COM 478160104 10361 85389 SH SOLE 0 0 85389 KKR & Co. Inc. COM 48251W104 2644 106400 SH SOLE 0 0 106400 Kimberly Clark COM 494368103 1938 18400 SH SOLE 0 0 18400 LKQ Corporation COM 501889208 547 17150 SH SOLE 0 0 17150 Lennar Corporation Cl A COM 526057104 4235 80660 SH SOLE 0 0 80660 Liberty Sirius Group C COM 531229607 315 6948 SH SOLE 0 0 6948 McDonald's Corp. COM 580135101 299 1910 SH SOLE 0 0 1910 Medtronic COM G5960L103 16422 191829 SH SOLE 0 0 191829 Merck COM 58933y105 4797 79029 SH SOLE 0 0 79029 Mesabi Trust COM 590672101 348 14178 SH SOLE 0 0 14178 MetLife COM 59156R108 1159 26580 SH SOLE 0 0 26580 Microsoft COM 594918104 24013 243517 SH SOLE 0 0 243517 Mondelez International Inc. COM 609207105 418 10200 SH SOLE 0 0 10200 NRG Energy COM 629377508 10469 341007 SH SOLE 0 0 341007 Nestle Spons ADR COM 641069406 8850 114303 SH SOLE 0 0 114303 Noble Energy COM 655044105 1811 51330 SH SOLE 0 0 51330 Northrup Grumman COM 666807102 308 1000 SH SOLE 0 0 1000 Northway Financial COM 667270201 278 8952 SH SOLE 0 0 8952 Novartis COM 66987V109 4985 65993 SH SOLE 0 0 65993 Oracle COM 68389X105 295 6700 SH SOLE 0 0 6700 Pepsico COM 713448108 3934 36132 SH SOLE 0 0 36132 Pfizer COM 717081103 5581 153828 SH SOLE 0 0 153828 Phillips 66 COM 718546104 2044 18202 SH SOLE 0 0 18202 Praxair COM 74005P104 6571 41551 SH SOLE 0 0 41551 Procter & Gamble COM 742718109 5862 75096 SH SOLE 0 0 75096 Roche Holding AG COM 771195104 3156 114210 SH SOLE 0 0 114210 Royal Caribbean Cruise Ltd. COM v7780t103 4355 42037 SH SOLE 0 0 42037 Royal Dutch Shell COM 780259206 17042 246171 SH SOLE 0 0 246171 S&P Global Inc. COM 78409V104 326 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 775 7400 SH SOLE 0 0 7400 SPDR S&P 500 ETF COM 78462f103 3882 14310 SH SOLE 0 0 14310 SPDR S&P Midcap 400 EFT COM 78467y107 252 710 SH SOLE 0 0 710 Sherwin Williams Co. COM 824348106 1983 4865 SH SOLE 0 0 4865 Southwest Airlines COM 844741108 7916 155591 SH SOLE 0 0 155591 State Street Corp COM 857477103 620 6664 SH SOLE 0 0 6664 Stryker Corp COM 863667101 2341 13862 SH SOLE 0 0 13862 Sysco COM 871829107 2702 39569 SH SOLE 0 0 39569 T. Rowe Price Group COM 74144T108 209 1800 SH SOLE 0 0 1800 Thermo Fisher Scientific COM 883556102 5576 26917 SH SOLE 0 0 26917 Tiffany & Co. COM 886547108 1115 8469 SH SOLE 0 0 8469 Twenty-First Century Fox COM 90130A101 840 16897 SH SOLE 0 0 16897 UBS Group AG COM H42097107 657 42850 SH SOLE 0 0 42850 Unilever NV NY COM 904784709 5173 92835 SH SOLE 0 0 92835 Union Pacific COM 907818108 11106 78386 SH SOLE 0 0 78386 United Technologies COM 913017109 407 3258 SH SOLE 0 0 3258 UnitedHealth Group COM 91324P102 736 3000 SH SOLE 0 0 3000 Viacom Class B COM 92553p201 245 8116 SH SOLE 0 0 8116 Visa COM 92826c839 18389 138839 SH SOLE 0 0 138839 W. W. Grainger COM 384802104 362 1173 SH SOLE 0 0 1173 W.R.Grace& Co. COM 38388f108 296 4034 SH SOLE 0 0 4034 WPP Plc ADR COM 92937A102 1519 19330 SH SOLE 0 0 19330 Walt Disney COM 254687106 1321 12604 SH SOLE 0 0 12604 Wells Fargo COM 949746101 917 16537 SH SOLE 0 0 16537 WisdomTree Germany Hedged Equi COM 97717w448 865 29050 SH SOLE 0 0 29050 iShares Russell 1000 Growth ET COM 464287614 302 2100 SH SOLE 0 0 2100 iShares Russell 2000 Value ETF COM 464287630 274 2080 SH SOLE 0 0 2080 iShares US Technology COM 464287721 606 3400 SH SOLE 0 0 3400