Beach Investment Counsel

Beach Investment Counsel as of Sept. 30, 2014

Portfolio Holdings for Beach Investment Counsel

Beach Investment Counsel holds 170 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Magellan Midstream Partners 7.0 $75M 890k 84.18
Enterprise Products Partners (EPD) 6.8 $73M 1.8M 40.30
Energy Transfer Equity (ET) 5.6 $60M 972k 61.69
Apple (AAPL) 4.9 $52M 520k 100.75
Plains All American Pipeline (PAA) 4.7 $51M 859k 58.86
Johnson & Johnson (JNJ) 4.4 $47M 444k 106.59
Dcp Midstream Partners 3.8 $40M 742k 54.45
JPMorgan Chase & Co. (JPM) 3.6 $38M 638k 60.24
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 3.5 $38M 512k 73.52
American International (AIG) 2.8 $30M 560k 54.02
Verizon Communications (VZ) 2.3 $24M 485k 49.99
Hldgs (UAL) 2.0 $22M 468k 46.79
Google Inc Class C 2.0 $22M 37k 577.35
Roche Holding (RHHBY) 1.9 $20M 551k 37.04
Google 1.8 $19M 33k 588.42
Schlumberger (SLB) 1.8 $19M 188k 101.69
BlackRock (BLK) 1.6 $18M 54k 328.32
Gilead Sciences (GILD) 1.4 $15M 139k 106.45
Coca-Cola Company (KO) 1.3 $14M 334k 42.66
Advance Auto Parts (AAP) 1.3 $14M 106k 130.30
CVS Caremark Corporation (CVS) 1.2 $13M 165k 79.59
Delta Air Lines (DAL) 1.2 $13M 359k 36.15
Morgan Stanley (MS) 1.1 $12M 344k 34.57
American Airls (AAL) 1.1 $12M 334k 35.48
Anheuser-busch Inbev 1.1 $11M 102k 110.81
Union Pacific Corporation (UNP) 1.1 $11M 104k 108.42
Anheuser-Busch InBev NV (BUD) 1.0 $11M 98k 110.85
Celgene Corporation 1.0 $11M 113k 94.78
Capital One Financial (COF) 0.9 $9.2M 113k 81.62
Alexion Pharmaceuticals 0.8 $9.1M 55k 165.82
Procter & Gamble Company (PG) 0.8 $8.4M 100k 83.74
Marriott International (MAR) 0.8 $8.3M 119k 69.90
Resource America 0.7 $7.3M 786k 9.31
Twenty-first Century Fox 0.7 $7.0M 204k 34.29
Wells Fargo & Company (WFC) 0.6 $6.1M 118k 51.87
Micron Technology (MU) 0.6 $6.0M 176k 34.26
Nextera Energy (NEE) 0.5 $5.8M 62k 93.89
Ban (TBBK) 0.5 $5.7M 668k 8.59
Alaska Air (ALK) 0.5 $5.2M 120k 43.54
Dow Chemical Company 0.5 $5.2M 98k 52.44
General Electric Company 0.5 $4.9M 190k 25.62
Bank of America Corporation (BAC) 0.4 $4.7M 279k 17.05
Resource Capital 0.4 $4.6M 947k 4.87
Citigroup (C) 0.4 $4.6M 90k 51.82
Kinder Morgan Management 0.4 $4.5M 47k 94.15
Colgate-Palmolive Company (CL) 0.4 $4.5M 69k 65.22
Unilever 0.4 $4.4M 112k 39.68
MetLife (MET) 0.4 $4.4M 82k 53.72
Ubs Ag Cmn 0.4 $4.2M 240k 17.37
E.I. du Pont de Nemours & Company 0.4 $4.1M 57k 71.76
Thermo Fisher Scientific (TMO) 0.4 $4.1M 33k 121.69
Fomento Economico Mexicano SAB (FMX) 0.4 $3.9M 43k 92.04
Bayer (BAYRY) 0.4 $3.9M 28k 140.11
ConocoPhillips (COP) 0.3 $3.7M 49k 76.51
International Business Machines (IBM) 0.3 $3.8M 20k 189.85
Praxair 0.3 $3.7M 29k 129.01
Henry Schein (HSIC) 0.3 $3.7M 32k 116.46
Pepsi (PEP) 0.3 $3.7M 40k 93.09
Exxon Mobil Corporation (XOM) 0.3 $3.5M 37k 94.04
Noble Energy 0.3 $3.6M 52k 68.35
Pfizer (PFE) 0.3 $3.4M 116k 29.57
Chevron Corporation (CVX) 0.3 $3.5M 29k 119.33
Merck & Co (MRK) 0.3 $3.3M 56k 59.27
Ultra Short Russell 2000 0.3 $3.2M 65k 49.22
Berkshire Hathaway (BRK.B) 0.3 $3.1M 22k 138.16
MarkWest Energy Partners 0.3 $3.0M 39k 76.83
Costco Wholesale Corporation (COST) 0.3 $2.9M 23k 125.32
Liberty Property Trust 0.2 $2.6M 78k 33.26
SPDR S&P China (GXC) 0.2 $2.5M 33k 76.64
Automatic Data Processing (ADP) 0.2 $2.5M 30k 83.09
Novartis (NVS) 0.2 $2.5M 27k 94.13
Time Warner 0.2 $2.2M 30k 75.22
3M Company (MMM) 0.2 $2.1M 15k 141.71
DENTSPLY International 0.2 $2.2M 48k 45.59
Kimberly-Clark Corporation (KMB) 0.2 $2.1M 20k 107.57
Royal Dutch Shell 0.2 $2.1M 28k 76.11
Proshares Trust Ultrapro Short S&p500 etf 0.2 $2.0M 45k 45.37
Blackstone 0.2 $2.0M 63k 31.48
SYSCO Corporation (SYY) 0.2 $1.9M 51k 37.95
KKR & Co 0.2 $2.0M 88k 22.30
Spdr S&p 500 Etf (SPY) 0.2 $1.8M 9.3k 196.99
Franklin Resources (BEN) 0.2 $1.8M 33k 54.60
Teekay Offshore Partners 0.2 $1.8M 55k 33.60
GlaxoSmithKline 0.2 $1.7M 37k 45.96
Enbridge Energy Management 0.2 $1.7M 45k 37.21
Phillips 66 (PSX) 0.2 $1.7M 21k 81.31
Ferro Corporation 0.1 $1.6M 113k 14.49
Silicon Motion Technology (SIMO) 0.1 $1.6M 58k 26.94
Occidental Petroleum Corporation (OXY) 0.1 $1.5M 15k 96.14
Invesco (IVZ) 0.1 $1.4M 34k 39.48
AGL Resources 0.1 $1.3M 26k 51.33
Becton, Dickinson and (BDX) 0.1 $1.3M 12k 113.80
Discovery Communications 0.1 $1.2M 33k 37.28
Sabmiller 0.1 $1.3M 23k 55.59
Northstar Rlty Fin 0.1 $1.3M 74k 17.67
Two Harbors Investment 0.1 $1.2M 120k 9.67
Walt Disney Company (DIS) 0.1 $1.2M 13k 89.06
Williams Companies (WMB) 0.1 $1.2M 22k 55.33
Diebold Incorporated 0.1 $1.0M 29k 35.33
Stryker Corporation (SYK) 0.1 $1.1M 13k 80.75
TriQuint Semiconductor 0.1 $1.1M 56k 19.07
Nordic Amern Offshore 0.1 $1.0M 58k 17.61
Chubb Corporation 0.1 $978k 11k 91.10
Genuine Parts Company (GPC) 0.1 $932k 11k 87.70
Enbridge (ENB) 0.1 $927k 19k 47.88
Atlas Pipeline Partners 0.1 $977k 27k 36.48
Gamco Investors (GAMI) 0.1 $926k 13k 70.75
Duke Realty Corporation 0.1 $998k 58k 17.18
Suncor Energy (SU) 0.1 $986k 27k 36.15
DST Systems 0.1 $809k 9.6k 83.88
Tiffany & Co. 0.1 $816k 8.5k 96.35
Canadian Oil Sands (COS) 0.1 $832k 45k 18.47
USD.001 Atlas Energy Lp ltd part 0.1 $854k 19k 43.99
Kinder Morgan (KMI) 0.1 $804k 21k 38.35
Directv 0.1 $881k 10k 86.53
Jpmorgan China Region 0.1 $852k 56k 15.21
American Express Company (AXP) 0.1 $766k 8.8k 87.50
LKQ Corporation (LKQ) 0.1 $803k 30k 26.59
Emerson Electric (EMR) 0.1 $700k 11k 62.57
Exelon Corporation (EXC) 0.1 $737k 22k 34.07
AllianceBernstein Holding (AB) 0.1 $737k 28k 26.02
Williams Partners 0.1 $778k 15k 53.05
Chemtura Corporation 0.1 $711k 31k 23.31
SPDR DJ Wilshire REIT (RWR) 0.1 $763k 9.6k 79.81
State Street Corporation (STT) 0.1 $645k 8.8k 73.60
Via 0.1 $624k 8.1k 76.89
Berkshire Hathaway (BRK.A) 0.1 $621k 3.00 207000.00
Energy Xxi 0.1 $611k 54k 11.34
Estee Lauder Companies (EL) 0.1 $613k 8.2k 74.76
Enbridge Energy Partners 0.1 $594k 15k 38.82
Suburban Propane Partners (SPH) 0.1 $625k 14k 44.57
Abb (ABBNY) 0.1 $652k 29k 22.41
Time Warner Cable 0.1 $548k 3.8k 143.53
iShares FTSE/Xinhua China 25 Index (FXI) 0.1 $528k 14k 38.28
Microsoft Corporation (MSFT) 0.1 $537k 12k 46.33
McDonald's Corporation (MCD) 0.1 $511k 5.4k 94.88
W.W. Grainger (GWW) 0.1 $520k 2.1k 251.69
Intel Corporation (INTC) 0.1 $533k 15k 34.83
Medtronic 0.1 $580k 9.4k 61.91
Illinois Tool Works (ITW) 0.1 $554k 6.6k 84.46
StoneMor Partners 0.1 $587k 23k 25.77
Mondelez Int (MDLZ) 0.1 $483k 14k 34.30
Sunedison Semiconductor 0.1 $509k 26k 19.34
Cisco Systems (CSCO) 0.0 $402k 16k 25.19
NuStar GP Holdings 0.0 $387k 8.9k 43.48
Discovery Communications 0.0 $405k 11k 37.84
F.N.B. Corporation (FNB) 0.0 $419k 35k 11.98
Golar Lng Partners Lp unit 0.0 $449k 13k 34.70
Tronox 0.0 $398k 15k 26.06
Crestwood Eqty Ptrns Lp equs 0.0 $384k 36k 10.57
Apache Corporation 0.0 $367k 3.9k 93.96
Spectra Energy 0.0 $326k 8.3k 39.28
Deere & Company (DE) 0.0 $329k 4.0k 82.09
United Technologies Corporation 0.0 $341k 3.2k 105.47
Oracle Corporation (ORCL) 0.0 $363k 9.5k 38.23
EXACT Sciences Corporation (EXAS) 0.0 $328k 17k 19.38
Crestwood Midstream Partners 0.0 $356k 16k 22.68
Liberty Media Corp Del Com Ser C 0.0 $348k 7.4k 46.95
Comcast Corporation (CMCSA) 0.0 $256k 4.8k 53.76
Caterpillar (CAT) 0.0 $233k 2.4k 99.15
Abbott Laboratories (ABT) 0.0 $265k 6.4k 41.61
Dominion Resources (D) 0.0 $231k 3.4k 68.96
Airgas 0.0 $211k 1.9k 110.64
Air Products & Chemicals (APD) 0.0 $216k 1.7k 130.04
Aegon 0.0 $197k 24k 8.21
Diageo (DEO) 0.0 $202k 1.8k 115.23
General Mills (GIS) 0.0 $239k 4.7k 50.38
UnitedHealth (UNH) 0.0 $259k 3.0k 86.33
Teekay Lng Partners 0.0 $208k 4.8k 43.51
Lehman Brothers Hldg Xxx 0.0 $0 13k 0.00