operations

0001058800-22-000011.txt : 20221026 0001058800-22-000011.hdr.sgml : 20221026 20221026155830 ACCESSION NUMBER: 0001058800-22-000011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220930 FILED AS OF DATE: 20221026 DATE AS OF CHANGE: 20221026 EFFECTIVENESS DATE: 20221026 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: 221333228 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 false 0001058800 XXXXXXXX 09-30-2022 09-30-2022 BEACH INVESTMENT COUNSEL INC/PA

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

13F HOLDINGS REPORT 028-03561 N tania zapalski operations 6109401111 tania zapalski Naples FL 10-26-2022 0 147 703185 false INFORMATION TABLE 2 september2022.xml AT&T COM 00206r102 726 47307 SH SOLE 0 0 47307 AllianceBernstein Holdings, LP COM 01881g106 587 16740 SH SOLE 0 0 16740 Ameren Corp COM 023608102 7137 88606 SH SOLE 0 0 88606 CenterPoint Energy, Inc. COM 15189t107 7200 255490 SH SOLE 0 0 255490 Clearway Energy, Inc. COM 18539c204 8806 276475 SH SOLE 0 0 276475 DTE Energy COM 233331107 5189 45099 SH SOLE 0 0 45099 Deutsche Telekom AG ADR COM 251566105 1755 102860 SH SOLE 0 0 102860 Dominion Energy COM 25746u109 9490 137311 SH SOLE 0 0 137311 E.ON SE ADR COM 268780103 1046 137300 SH SOLE 0 0 137300 Enbridge Inc. COM 29250n105 202 5455 SH SOLE 0 0 5455 Enel S.p.A. ADR COM 29265w207 80 19700 SH SOLE 0 0 19700 Energy Transfer LP COM 29273V100 31593 2864261 SH SOLE 0 0 2864261 Enterprise Prod Partners COM 293792107 55745 2344211 SH SOLE 0 0 2344211 Enviva Partners LP COM 29415B103 4015 66850 SH SOLE 0 0 66850 Healthpeak Properties COM 42250P103 3696 161235 SH SOLE 0 0 161235 Iberdrola SA ADR COM 450737101 958 25755 SH SOLE 0 0 25755 Kennedy-Wilson Holdings Inc. COM 489398107 9974 645138 SH SOLE 0 0 645138 Kinder Morgan Inc. COM 49456b101 896 53871 SH SOLE 0 0 53871 MPLX LP COM 55336v100 21548 718013 SH SOLE 0 0 718013 Magellan Midstream Partners, L COM 559080106 22809 480083 SH SOLE 0 0 480083 National Grid COM 636274409 3065 59480 SH SOLE 0 0 59480 NextEra Energy Partners COM 65341b106 94069 1300906 SH SOLE 0 0 1300906 NextEra Energy, Inc. COM 65339F101 19668 250833 SH SOLE 0 0 250833 Plains GP Holdings LP COM 72651A207 1707 156486 SH SOLE 0 0 156486 ProLogis Tr SBI COM 74340W103 1232 12125 SH SOLE 0 0 12125 STAG Industrial COM 85254j102 248 8725 SH SOLE 0 0 8725 Verizon Comm COM 92343V104 1777 46800 SH SOLE 0 0 46800 Weyerhaeuser COM 962166104 6706 234820 SH SOLE 0 0 234820 Williams Companies Inc COM 969457100 1822 63646 SH SOLE 0 0 63646 XCEL Energy Inc. COM 98389B100 7886 123215 SH SOLE 0 0 123215 3M Company COM 88579y101 1081 9786 SH SOLE 0 0 9786 Abbott Laboratories COM 002824100 481 4968 SH SOLE 0 0 4968 Air Products COM 009158106 328 1411 SH SOLE 0 0 1411 Alphabet, Inc. Cl A COM 02079k305 4950 51754 SH SOLE 0 0 51754 Alphabet, Inc. Cl C COM 02079k107 2764 28745 SH SOLE 0 0 28745 Amazon.com Inc. COM 023135106 4006 35451 SH SOLE 0 0 35451 American Express COM 025816109 1043 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 567 11948 SH SOLE 0 0 11948 Anheuser-Busch InBev SA/NV COM 03524A108 3239 70721 SH SOLE 0 0 70721 Anheuser-Busch Inbev ADR COM 03524A108 224 4950 SH SOLE 0 0 4950 Apple Computer COM 037833100 20633 149296 SH SOLE 0 0 149296 Automatic Data Processing COM 053015103 3332 14732 SH SOLE 0 0 14732 BAE Systems PLC Sponsored ADR COM 05523r107 9899 282291 SH SOLE 0 0 282291 Bank of America COM 060505104 2769 91673 SH SOLE 0 0 91673 Becton Dickinson COM 075887109 617 2770 SH SOLE 0 0 2770 Berkshire Hathaway A COM 084670108 1219 3 SH SOLE 0 0 3 Berkshire Hathaway B COM 084670702 6532 24463 SH SOLE 0 0 24463 Blackstone Inc. COM 09260D107 4088 48836 SH SOLE 0 0 48836 Boeing Company COM 097023105 217 1789 SH SOLE 0 0 1789 Boswell J G Co. COM 101205102 273 300 SH SOLE 0 0 300 Brookfield Infrastructure Clas COM 11275Q107 825 20258 SH SOLE 0 0 20258 Brookfield Infrastructure Part COM G16252101 6038 168193 SH SOLE 0 0 168193 Brookfield Renewable Partners COM G16258108 202 6450 SH SOLE 0 0 6450 CVS Health Corp COM 126650100 3281 34400 SH SOLE 0 0 34400 Cadence Design COM 127387108 1295 7924 SH SOLE 0 0 7924 Caterpillar COM 149123101 281 1713 SH SOLE 0 0 1713 Century Communities, Inc. COM 156504300 708 16555 SH SOLE 0 0 16555 Charles Schwab COM 808513105 563 7840 SH SOLE 0 0 7840 Chevron COM 166764100 14293 99483 SH SOLE 0 0 99483 Chubb Ltd. COM H1467J104 2795 15367 SH SOLE 0 0 15367 Cisco Systems COM 17275R102 2138 53459 SH SOLE 0 0 53459 Citigroup COM 172967424 2412 57887 SH SOLE 0 0 57887 Coca Cola Co. COM 191216100 10537 188094 SH SOLE 0 0 188094 Colgate Palmolive COM 194162103 278 3957 SH SOLE 0 0 3957 Comcast Cl A COM 20030N101 382 13036 SH SOLE 0 0 13036 Corning COM 219350105 223 7700 SH SOLE 0 0 7700 Costco Wholesale COM 22160K105 2673 5659 SH SOLE 0 0 5659 Crown Castle Intl. COM 22822V101 332 2300 SH SOLE 0 0 2300 Crown Holdings Inc . COM 228368106 4795 59173 SH SOLE 0 0 59173 Cummins Inc. COM 231021106 209 1026 SH SOLE 0 0 1026 Deere & Co. COM 244199105 737 2206 SH SOLE 0 0 2206 Dentsply Sirona COM 24906P109 931 32850 SH SOLE 0 0 32850 Deutsche Post AG ADR COM 25157y202 525 17456 SH SOLE 0 0 17456 Eli Lilly COM 532457108 1348 4170 SH SOLE 0 0 4170 Emerson Electric Co. COM 291011104 2036 27809 SH SOLE 0 0 27809 Estee Lauder COM 518439104 853 3950 SH SOLE 0 0 3950 Exxon Mobil COM 30231G102 1026 11755 SH SOLE 0 0 11755 Fedex COM 31428x106 1508 10156 SH SOLE 0 0 10156 Flushing Financial COM 343873105 2516 129876 SH SOLE 0 0 129876 Fomento Economico Mexicano SA COM 344419106 1073 17100 SH SOLE 0 0 17100 Freeport McMoran Inc. COM 35671D857 8037 294083 SH SOLE 0 0 294083 General Electric COM 369604301 273 4410 SH SOLE 0 0 4410 Genuine Parts COM 372460105 913 6117 SH SOLE 0 0 6117 Howard Hughes Corp. COM 44267D107 19233 347232 SH SOLE 0 0 347232 IBM COM 459200101 583 4903 SH SOLE 0 0 4903 Illinois Tool Works COM 452308109 423 2339 SH SOLE 0 0 2339 Intel Corp. COM 458140100 284 11004 SH SOLE 0 0 11004 J.P. Morgan Chase COM 46625h100 9219 88220 SH SOLE 0 0 88220 Johnson & Johnson COM 478160104 15546 95166 SH SOLE 0 0 95166 KKR & Co. Inc. COM 48251W104 3461 80500 SH SOLE 0 0 80500 Kimberly Clark COM 494368103 642 5709 SH SOLE 0 0 5709 Leidos Holdings Inc. COM 525327102 457 5220 SH SOLE 0 0 5220 Liberty SiriusXM Series C COM 531229607 282 7480 SH SOLE 0 0 7480 Linde PLC COM G5494J103 607 2250 SH SOLE 0 0 2250 MasterCard Inc. COM 57636q104 1351 4750 SH SOLE 0 0 4750 McDonald's Corp. COM 580135101 377 1635 SH SOLE 0 0 1635 Medtronic COM G5960L103 2945 36466 SH SOLE 0 0 36466 Merck COM 58933y105 5461 63413 SH SOLE 0 0 63413 MetLife COM 59156R108 474 7800 SH SOLE 0 0 7800 Meta Platforms, Inc. COM 30303M102 704 5190 SH SOLE 0 0 5190 Microsoft COM 594918104 9040 38815 SH SOLE 0 0 38815 Mondelez International Inc. COM 609207105 8742 159436 SH SOLE 0 0 159436 National Fuel Gas Co. COM 636180101 7067 114811 SH SOLE 0 0 114811 Nestle Spons ADR COM 641069406 13204 122700 SH SOLE 0 0 122700 Northrup Grumman COM 666807102 4963 10552 SH SOLE 0 0 10552 Novartis COM 66987V109 3337 43905 SH SOLE 0 0 43905 Oracle COM 68389X105 409 6700 SH SOLE 0 0 6700 PNC Bank Corp. COM 693475105 1539 10302 SH SOLE 0 0 10302 Paramount Global B COM 92556H206 404 21194 SH SOLE 0 0 21194 Pepsico COM 713448108 3995 24470 SH SOLE 0 0 24470 Pfizer COM 717081103 5945 135860 SH SOLE 0 0 135860 Procter & Gamble COM 742718109 5888 46636 SH SOLE 0 0 46636 Raytheon Technologies COM 75513E101 2915 35614 SH SOLE 0 0 35614 Roche Holding AG COM 771195104 4203 103466 SH SOLE 0 0 103466 S&P Global Inc. COM 78409V104 489 1600 SH SOLE 0 0 1600 SPDR S&P 500 ETF COM 78462F103 4986 13960 SH SOLE 0 0 13960 SPDR S&P Midcap 400 EFT COM 78467y107 285 710 SH SOLE 0 0 710 SVB Financial Group COM 78486Q101 2802 8345 SH SOLE 0 0 8345 Schlumberger COM 806857108 10221 284697 SH SOLE 0 0 284697 Shell PLC ADR COM 780259305 6231 125219 SH SOLE 0 0 125219 Siemens AG ADR COM 826197501 2981 60907 SH SOLE 0 0 60907 State Street Corp COM 857477103 329 5418 SH SOLE 0 0 5418 Stryker Corp COM 863667101 2585 12762 SH SOLE 0 0 12762 Swiss Re ADR COM 870886108 439 23915 SH SOLE 0 0 23915 Sysco COM 871829107 2605 36834 SH SOLE 0 0 36834 T-Mobile US, Inc. COM 872590104 5038 37553 SH SOLE 0 0 37553 Thermo Fisher Scientific COM 883556102 5858 11550 SH SOLE 0 0 11550 Thomson Reuters Corp. COM 884903709 344 3354 SH SOLE 0 0 3354 Truist Financial Corporation COM 89832q109 1643 37736 SH SOLE 0 0 37736 UBS Group AG COM H42097107 256 17650 SH SOLE 0 0 17650 Uber Technologies, Inc. COM 90353t100 5561 209844 SH SOLE 0 0 209844 Unilever PLC COM 904767704 3076 70167 SH SOLE 0 0 70167 Union Pacific COM 907818108 2619 13442 SH SOLE 0 0 13442 UnitedHealth Group COM 91324P102 10205 20207 SH SOLE 0 0 20207 Veolia Environnement ADR COM 92334N103 1045 54713 SH SOLE 0 0 54713 Viatris COM 92556v106 125 14695 SH SOLE 0 0 14695 Visa COM 92826c839 3131 17627 SH SOLE 0 0 17627 Vistra Energy Corp COM 92840m102 13885 661180 SH SOLE 0 0 661180 W. W. Grainger COM 384802104 415 848 SH SOLE 0 0 848 Walt Disney COM 254687106 2910 30850 SH SOLE 0 0 30850 Warner Bros. Discovery A COM 934423104 1004 87314 SH SOLE 0 0 87314 Wells Fargo COM 949746101 529 13164 SH SOLE 0 0 13164 WisdomTree Germany Hedged Equi COM 97717w448 291 10500 SH SOLE 0 0 10500 iShares Russell 1000 Growth ET COM 464287614 392 1862 SH SOLE 0 0 1862 iShares Russell 2000 Value ETF COM 464287630 268 2080 SH SOLE 0 0 2080 iShares Russell 3000 ETF COM 464287689 289 1397 SH SOLE 0 0 1397 iShares US Technology COM 464287721 719 9800 SH SOLE 0 0 9800