Chief Compliance Officer

0001058800-20-000006.txt : 20200505 0001058800-20-000006.hdr.sgml : 20200505 20200505155348 ACCESSION NUMBER: 0001058800-20-000006 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200505 DATE AS OF CHANGE: 20200505 EFFECTIVENESS DATE: 20200505 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-03561 FILM NUMBER: 20848684 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/A 1 primary_doc.xml 13F-HR/A LIVE false true false 0001058800 XXXXXXXX 03-31-2020 03-31-2020 true 1 NEW HOLDINGS 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 BonVardo Chief Compliance Officer 640-940-1111 Cheri BonVardo West Conshohocken PA 05-05-2020 0 135 597536 INFORMATION TABLE 2 inftable.XML AT&T COM 00206r102 3166 108620 SH SOLE 0 0 108620 AllianceBernstein Holdings, LP COM 01881g106 375 20190 SH SOLE 0 0 20190 Ameren Corp COM 023608102 2917 40047 SH SOLE 0 0 40047 CatchMark Timber Trust COM 14912y202 126 17500 SH SOLE 0 0 17500 Enbridge Inc. COM 29250n105 694 23845 SH SOLE 0 0 23845 Energy Transfer LP COM 29273V100 16718 3634371 SH SOLE 0 0 3634371 Enterprise Prod Partners COM 293792107 32541 2275619 SH SOLE 0 0 2275619 Enterprise Prod Partners COM 293792107 5 340 SH SOLE 0 0 340 Healthpeak Properties COM 42250P103 4818 202030 SH SOLE 0 0 202030 Kinder Morgan Inc. COM 49456b101 3492 250861 SH SOLE 0 0 250861 Magellan Midstream Partners, L COM 559080106 23782 651731 SH SOLE 0 0 651731 National Grid COM 636274409 2657 45600 SH SOLE 0 0 45600 NextEra Energy Partners COM 65341b106 57641 1340492 SH SOLE 0 0 1340492 NextEra Energy, Inc. COM 65339F101 12637 52520 SH SOLE 0 0 52520 Pembina Pipeline Corp. COM 706327103 334 17780 SH SOLE 0 0 17780 Plains All American Pipeline L COM 726503105 518 98075 SH SOLE 0 0 98075 ProLogis Tr SBI COM 74340W103 1043 12975 SH SOLE 0 0 12975 Teekay LNG Partners COM y8564m105 13657 1394955 SH SOLE 0 0 1394955 Verizon Comm COM 92343V104 5193 96642 SH SOLE 0 0 96642 Weyerhaeuser COM 962166104 3848 227034 SH SOLE 0 0 227034 Williams Companies Inc COM 969457100 477 33684 SH SOLE 0 0 33684 Williams Companies Inc COM 969457100 22 1590 SH SOLE 0 0 477 XCEL Energy Inc. COM 98389B100 9633 159758 SH SOLE 0 0 1590 3M Company COM 88579y101 1853 13572 SH SOLE 0 0 13572 ABB Ltd. COM 000375204 2561 148390 SH SOLE 0 0 148390 Abbott Laboratories COM 002824100 14041 177935 SH SOLE 0 0 177935 Advance Auto Parts COM 00751Y106 527 5648 SH SOLE 0 0 5648 Air Lease COM 00912x302 1409 63619 SH SOLE 0 0 63619 Air Products COM 009158106 302 1511 SH SOLE 0 0 1511 Alphabet, Inc. Cl A COM 02079k305 10650 9166 SH SOLE 0 0 9166 Alphabet, Inc. Cl A COM 02079k305 58 50 SH SOLE 0 0 50 Alphabet, Inc. Cl C COM 02079k107 1486 1278 SH SOLE 0 0 1278 Amazon.com Inc. COM 023135106 20975 10758 SH SOLE 0 0 10758 American Express COM 025816109 662 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 358 14748 SH SOLE 0 0 14748 Anheuser-Busch InBev SA/NV COM 03524A108 3167 78245 SH SOLE 0 0 78245 Anheuser-Busch Inbev ADR COM 03524A108 256 5800 SH SOLE 0 0 5800 Apple Computer COM 037833100 13913 54715 SH SOLE 0 0 54715 Automatic Data Processing COM 053015103 2906 21262 SH SOLE 0 0 21262 Bank of America COM 060505104 6094 287043 SH SOLE 0 0 287043 Becton Dickinson COM 075887109 8959 38991 SH SOLE 0 0 38991 Berkshire Hathaway A COM 084670108 816 3 SH SOLE 0 0 3 Berkshire Hathaway B COM 084670702 10693 58485 SH SOLE 0 0 58485 Blackstone Group Inc. COM 09260D107 2865 62875 SH SOLE 0 0 62875 Boeing Company COM 097023105 267 1789 SH SOLE 0 0 1789 Brookfield Infrastructure Part COM G16252101 4730 131500 SH SOLE 0 0 131500 CVS Health Corp COM 126650100 3119 52577 SH SOLE 0 0 52577 Cadence Design COM 127387108 609 9224 SH SOLE 0 0 9224 Caterpillar COM 149123101 242 2083 SH SOLE 0 0 2083 Centene Corp COM 15135B101 209 3524 SH SOLE 0 0 3524 Century Communities, Inc. COM 156504300 486 33510 SH SOLE 0 0 33510 Charter Communications, Inc. COM 16119P108 6675 15298 SH SOLE 0 0 15298 Chevron COM 166764100 1399 19314 SH SOLE 0 0 19314 Chubb Ltd. COM H1467J104 441 3946 SH SOLE 0 0 3946 Cisco Systems COM 17275R102 3066 77984 SH SOLE 0 0 77984 Citigroup COM 172967424 3185 75622 SH SOLE 0 0 75622 Coca Cola Co. COM 191216100 8199 185290 SH SOLE 0 0 185290 Colgate Palmolive COM 194162103 1142 17215 SH SOLE 0 0 17215 Comcast Cl A COM 20030N101 327 9524 SH SOLE 0 0 9524 ConocoPhillips COM 20825C104 981 31855 SH SOLE 0 0 31855 Costco Wholesale COM 22160K105 4984 17478 SH SOLE 0 0 17478 D. R. Horton COM 23331A109 2898 85231 SH SOLE 0 0 85231 Deere & Co. COM 244199105 457 3306 SH SOLE 0 0 3306 Delta Airlines COM 247361702 1706 59781 SH SOLE 0 0 59781 Dentsply Sirona COM 24906P109 1740 44820 SH SOLE 0 0 44820 Discovery Inc. C COM 25470f302 1887 107606 SH SOLE 0 0 107606 Eli Lilly COM 532457108 674 4860 SH SOLE 0 0 4860 Emerson Electric Co. COM 291011104 616 12938 SH SOLE 0 0 12938 Estee Lauder COM 518439104 1091 6850 SH SOLE 0 0 6850 Exxon Mobil COM 30231G102 1044 27500 SH SOLE 0 0 27500 Facebook COM 30303M102 12874 77183 SH SOLE 0 0 77183 Fedex COM 31428x106 1623 13383 SH SOLE 0 0 13383 Fomento Economico Mexicano SA COM 344419106 1099 18160 SH SOLE 0 0 18160 General Electric COM 369604103 310 39104 SH SOLE 0 0 39104 Genuine Parts COM 372460105 625 9277 SH SOLE 0 0 9277 IBM COM 459200101 687 6194 SH SOLE 0 0 6194 Illinois Tool Works COM 452308109 601 4229 SH SOLE 0 0 4229 Intel Corp. COM 458140100 596 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 187 20546 SH SOLE 0 0 20546 J.P. Morgan Chase COM 46625h100 14287 158687 SH SOLE 0 0 158687 Johnson & Johnson COM 478160104 25747 196346 SH SOLE 0 0 196346 KKR & Co. Inc. COM 48251W104 2056 87600 SH SOLE 0 0 87600 Kimberly Clark COM 494368103 2258 17660 SH SOLE 0 0 17660 Liberty Sirius Group C COM 531229607 220 6948 SH SOLE 0 0 6948 Linde PLC COM G5494J103 389 2250 SH SOLE 0 0 2250 McDonald's Corp. COM 580135101 283 1710 SH SOLE 0 0 1710 Medtronic COM G5960L103 10816 119935 SH SOLE 0 0 119935 Merck COM 58933y105 5857 76119 SH SOLE 0 0 76119 MetLife COM 59156R108 3660 119738 SH SOLE 0 0 119935 Microsoft COM 594918104 19253 122076 SH SOLE 0 0 122076 Mondelez International Inc. COM 609207105 511 10200 SH SOLE 0 0 10200 NRG Energy COM 629377508 9511 348901 SH SOLE 0 0 348901 Nestle Spons ADR COM 641069406 20487 198925 SH SOLE 0 0 198925 Noble Energy COM 655044105 279 46159 SH SOLE 0 0 46159 Northrup Grumman COM 666807102 303 1000 SH SOLE 0 0 1000 Northway Financial COM 667270201 208 8577 SH SOLE 0 0 8577 Novartis COM 66987V109 5266 63875 SH SOLE 0 0 63875 Oracle COM 68389X105 324 6700 SH SOLE 0 0 6700 Pepsico COM 713448108 4041 33645 SH SOLE 0 0 33645 Pfizer COM 717081103 4692 143765 SH SOLE 0 0 143765 Phillips 66 COM 718546104 940 17518 SH SOLE 0 0 17518 Procter & Gamble COM 742718109 7268 66077 SH SOLE 0 0 66077 Pulte Homes Inc. COM 745867101 2529 113322 SH SOLE 0 0 113322 Roche Holding AG COM 771195104 4581 112910 SH SOLE 0 0 112910 Royal Dutch Shell COM 780259206 792 22712 SH SOLE 0 0 22712 S&P Global Inc. COM 78409V104 392 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 347 3800 SH SOLE 0 0 3800 SPDR S&P 500 ETF COM 78462f103 3624 14060 SH SOLE 0 0 14060 SVB Financial Group COM 78486Q101 1298 8590 SH SOLE 0 0 8590 Sherwin Williams Co. COM 824348106 1677 3650 SH SOLE 0 0 3650 Siemens AG ADR COM 826197501 447 10650 SH SOLE 0 0 10650 Southwest Airlines COM 844741108 451 12656 SH SOLE 0 0 12656 State Street Corp COM 857477103 347 6514 SH SOLE 0 0 6514 Stryker Corp COM 863667101 8791 52802 SH SOLE 0 0 52802 Sysco COM 871829107 1719 37664 SH SOLE 0 0 37664 T-Mobile US, Inc. COM 872590104 6162 73443 SH SOLE 0 0 73443 Tencent Holdings Ltd. ADR COM 88032Q109 325 6620 SH SOLE 0 0 6620 Thermo Fisher Scientific COM 883556102 6473 22824 SH SOLE 0 0 22824 Thomson Reuters Corp. COM 884903709 255 3754 SH SOLE 0 0 3754 UBS Group AG COM H42097107 317 34200 SH SOLE 0 0 34200 Uber Technologies, Inc. COM 90353t100 347 12440 SH SOLE 0 0 12440 Unilever NV NY COM 904784709 4199 86060 SH SOLE 0 0 86060 Union Pacific COM 907818108 1941 13760 SH SOLE 0 0 13760 United Technologies COM 913017109 355 3760 SH SOLE 0 0 3760 UnitedHealth Group COM 91324P102 10141 40664 SH SOLE 0 0 40664 Visa COM 92826c839 15048 93397 SH SOLE 0 0 93397 Vistra Energy Corp COM 92840m102 10641 666723 SH SOLE 0 0 666723 W. W. Grainger COM 384802104 257 1034 SH SOLE 0 0 1034 Walt Disney COM 254687106 1716 17760 SH SOLE 0 0 17760 Wells Fargo COM 949746101 452 15739 SH SOLE 0 0 15739 WisdomTree Germany Hedged Equi COM 97717w448 285 12700 SH SOLE 0 0 12700 iShares Russell 1000 Growth ET COM 464287614 363 2412 SH SOLE 0 0 2412 iShares Russell 3000 ETF COM 464287689 207 1397 SH SOLE 0 0 1397 iShares S&P 500 Growth Index F COM 464287309 228 1383 SH SOLE 0 0 1383 iShares US Technology COM 464287721 552 2700 SH SOLE 0 0 2700