-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EGuUFM+u5b9KvUrEQO3XllEHv4MPY4OzqKM5kndSX5pRtJKp9K2j4kxCwqHRe3Mj NZ2hMmSPp3Hz7nnguHfWCg== 0001058800-08-000002.txt : 20080417 0001058800-08-000002.hdr.sgml : 20080417 20080417103405 ACCESSION NUMBER: 0001058800-08-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080417 DATE AS OF CHANGE: 20080417 EFFECTIVENESS DATE: 20080417 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: 08761308 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 march0813ftable.txt 1Q08 13F FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Cabco Ser 2004-101 Tr Goldman 12679n203 371 23000 SH SOLE 23000 Fannie Mae 7.00% Floater Pfd 313586794 1415 31400 SH SOLE 31400 Goldman Sachs Group Floater Se 38143y665 1377 77400 SH SOLE 77400 UBS Preferred Funding Trust IV 90263w201 659 40700 SH SOLE 40700 AT&T COM 00206r102 207 5402 SH SOLE 5402 Alliance Holdings GP L.P. COM 01861g100 7025 306242 SH SOLE 306242 AllianceBernstein Holdings, LP COM 01881g106 25357 400081 SH SOLE 400081 Bank of America COM 060505104 643 16952 SH SOLE 16952 Dominion Resources COM 25746u109 394 9650 SH SOLE 9650 Enbridge Energy Mgmt. COM 29250x103 1653 33990 SH SOLE 33990 Enbridge Energy Partners L.P. COM 29250R106 668 14050 SH SOLE 14050 Enterprise GP Holdings LP COM 293716106 4939 165300 SH SOLE 165300 Enterprise Prod Partners COM 293792107 21177 713042 SH SOLE 713042 FPL Group Inc. COM 302571104 6762 107776 SH SOLE 107776 Inergy Holdings LP COM 45661Q107 1152 29580 SH SOLE 29580 Inergy L.P. COM 456615103 4595 164620 SH SOLE 164620 Istar Financial COM 45031U101 859 61225 SH SOLE 61225 Kinder Morgan Energy Partners COM 494550106 9359 171120 SH SOLE 171120 Kinder Morgan Mgmt COM 49455u100 7342 144041 SH SOLE 144041 Magellan Midstream Partners, L COM 559080106 11433 282301 SH SOLE 282301 MarkWest Energy Partners LP COM 570759100 2606 84490 SH SOLE 84490 Nustar Energy LP COM 67058H102 790 16300 SH SOLE 16300 Nustar Group Holdings LLC COM 67059l102 6896 272460 SH SOLE 272460 Plains All American Pipeline L COM 726503105 19908 418764 SH SOLE 418764 Resource Capital COM 76120W302 6258 826642 SH SOLE 826642 Teppco Partners LP COM 872384102 555 16100 SH SOLE 16100 3M Company COM 88579y101 1217 15370 SH SOLE 15370 ABB Ltd. COM 000375204 10135 376490 SH SOLE 376490 AFLAC Incorporated COM 001055102 10484 161415 SH SOLE 161415 Abbott Laboratories COM 002824100 982 17800 SH SOLE 17800 Advance Auto Parts COM 00751Y106 3809 111861 SH SOLE 111861 Air Products COM 009158106 472 5135 SH SOLE 5135 Alcoa COM 013817101 1212 33600 SH SOLE 33600 Alcon, Inc. COM H01301102 9655 67870 SH SOLE 67870 Ambac Finl Group COM 023139108 657 114270 SH SOLE 114270 American Express COM 025816109 6905 157935 SH SOLE 157935 American Intl. Group COM 026874107 27590 637912 SH SOLE 637912 Anadarko Petroleum COM 032511107 4985 79092 SH SOLE 79092 Anheuser Busch COM 035229103 403 8500 SH SOLE 8500 Arch Capital Group COM g0450a105 4593 66880 SH SOLE 66880 Assured Guaranty Ltd. COM g0585r106 5014 211200 SH SOLE 211200 Atlas America, Inc. COM 049167109 7288 120587 SH SOLE 120587 Automatic Data Processing COM 053015103 14090 332396 SH SOLE 332396 Avon Products Inc. COM 054303102 4455 112676 SH SOLE 112676 BP Amoco ADR COM 055622104 1853 30556 SH SOLE 30556 Bancorp Inc COM 05969a105 6046 500475 SH SOLE 500475 Bank New York Mellon COM 064058100 3127 74946 SH SOLE 74946 Beckman Coulter COM 075811109 1982 30700 SH SOLE 30700 Becton Dickinson COM 075887109 1487 17325 SH SOLE 17325 Brkshire Hathaway A COM 084670108 400 3 SH SOLE 3 Brkshire Hathaway B COM 084670207 2420 541 SH SOLE 541 Burlington Northern Santa Fe COM 12189T104 539 5840 SH SOLE 5840 CVS/Caremark COM 126650100 26331 649986 SH SOLE 649986 Cadence Design COM 127387108 205 19224 SH SOLE 19224 Caterpillar COM 149123101 211 2700 SH SOLE 2700 Charles Schwab COM 808513105 429 22787 SH SOLE 22787 Chesapeake Energy Corp. COM 165167107 24202 524430 SH SOLE 524430 Chevron COM 166764100 3953 46312 SH SOLE 46312 Chubb COM 171232101 722 14596 SH SOLE 14596 Cisco Systems COM 17275R102 10124 420268 SH SOLE 420268 Coca Cola Co. COM 191216100 25767 423320 SH SOLE 423320 Colgate Palmolive COM 194162103 29393 377265 SH SOLE 377265 ConocoPhillips COM 20825C104 6609 86718 SH SOLE 86718 Costco Wholesale COM 22160K105 1631 25100 SH SOLE 25100 DST Systems COM 233326107 657 10000 SH SOLE 10000 Deere & Co. COM 244199105 378 4700 SH SOLE 4700 Discovery Holding A COM 25468y107 848 39961 SH SOLE 39961 Dover Corp. COM 260003108 1095 26200 SH SOLE 26200 E-Bay COM 278642103 2117 70950 SH SOLE 70950 EMC Corp Mass COM 268648102 185 12925 SH SOLE 12925 Eli Lilly COM 532457108 266 5160 SH SOLE 5160 Emerson Electric Co. COM 291011104 7048 136970 SH SOLE 136970 Estee Lauder COM 518439104 344 7500 SH SOLE 7500 Exxon Mobil COM 30231G102 9494 112243 SH SOLE 112243 Fomento Economico Mexicano SA COM 344419106 3296 78900 SH SOLE 78900 Franklin Resources COM 354613101 7806 80481 SH SOLE 80481 General Electric COM 369604103 23648 638969 SH SOLE 638969 Google COM 38259P508 6055 13746 SH SOLE 13746 Henry Schein COM 806407102 9089 158348 SH SOLE 158348 Hewlett Packard COM 428236103 952 20853 SH SOLE 20853 IBM COM 459200101 3062 26593 SH SOLE 26593 Illinois Tool Works COM 452308109 2483 51486 SH SOLE 51486 InBev COM B5096U121 419 4800 SH SOLE 4800 Intel Corp. COM 458140100 439 20712 SH SOLE 20712 Investors Bancorp Inc COM 46146p102 771 50200 SH SOLE 50200 J.P. Morgan Chase COM 46625h100 1083 25224 SH SOLE 25224 Johnson & Johnson COM 478160104 804 12400 SH SOLE 12400 Kaydon Corp. COM 486587108 3777 86010 SH SOLE 86010 Kimberly Clark COM 494368103 974 15084 SH SOLE 15084 Korn Ferry Intl COM 500643200 193 11400 SH SOLE 11400 Liberty Entertainment-Cl A COM 53071m500 1816 80228 SH SOLE 80228 Liberty Media Hldg COM 53071M302 316 20057 SH SOLE 20057 Medtronic COM 585055106 2448 50610 SH SOLE 50610 Microsoft COM 594918104 1220 42972 SH SOLE 42972 Moog Inc. COM 615394202 14290 338540 SH SOLE 338540 Murphy Oil COM 626717102 598 7280 SH SOLE 7280 Nestle Spons ADR COM 641069406 45922 366936 SH SOLE 366936 News Corp Cl A COM 65248E104 2484 132503 SH SOLE 132503 Noble Energy COM 655044105 5381 73910 SH SOLE 73910 Nokia Spons ADR COM 654902204 9434 296390 SH SOLE 296390 Northrup Grumman COM 666807102 1859 23896 SH SOLE 23896 Northway Financial COM 667270201 289 16063 SH SOLE 16063 Oracle COM 68389X105 7660 391631 SH SOLE 391631 Pepsico COM 713448108 27759 384469 SH SOLE 384469 Pfizer COM 717081103 2216 105853 SH SOLE 105853 Praxair COM 74005P104 3652 43356 SH SOLE 43356 Procter & Gamble COM 742718109 40801 582288 SH SOLE 582288 Resource America COM 761195205 2715 287285 SH SOLE 287285 Reuters Group COM 76132M102 318 4590 SH SOLE 4590 Roche Holding AG COM 771195104 4459 47265 SH SOLE 47265 Royal Dutch Shell COM 780259206 2654 38470 SH SOLE 38470 SEI Investments Co. COM 784117103 7688 311390 SH SOLE 311390 SPDR S&P 500 ETF COM 78462F103 3491 26455 SH SOLE 26455 Schlumberger COM 806857108 19432 223360 SH SOLE 223360 Staples COM 855030102 396 17909 SH SOLE 17909 State Street Corp COM 857477103 5204 65868 SH SOLE 65868 Stryker Corp COM 863667101 1911 29376 SH SOLE 29376 Suntrust Banks COM 867914103 221 4000 SH SOLE 4000 Sysco COM 871829107 4639 159840 SH SOLE 159840 Tellabs COM 879664100 468 85796 SH SOLE 85796 Thermo Fisher Scientific COM 883556102 18376 323300 SH SOLE 323300 Tiffany & Co. COM 886547108 3051 72920 SH SOLE 72920 Time Warner Inc. COM 887317105 1031 73532 SH SOLE 73532 UBS AG COM H89231338 2497 86710 SH SOLE 86710 Unilever NV NY COM 904784709 593 17576 SH SOLE 17576 Union Pacific COM 907818108 205 1639 SH SOLE 1639 United Technologies COM 913017109 7894 114705 SH SOLE 114705 UnitedHealth Group COM 91324P102 275 8000 SH SOLE 8000 Viacom Class B COM 92553p201 333 8400 SH SOLE 8400 W. W. Grainger COM 384802104 260 3400 SH SOLE 3400 Wal-Mart Stores COM 931142103 248 4710 SH SOLE 4710 Walgreen COM 931422109 548 14400 SH SOLE 14400 Walt Disney COM 254687106 401 12786 SH SOLE 12786 Wells Fargo COM 949746101 487 16729 SH SOLE 16729 Wyeth COM 983024100 332 7940 SH SOLE 7940 Zimmer Holdings Inc. COM 98956p102 462 5935 SH SOLE 5935 duPont COM 263534109 1431 30599 SH SOLE 30599 iShr MSCI Emerg Mkts ET COM 464287234 6088 45305 SH SOLE 45305 BBH&CO 1818 Partners LP 7373 5000000 SH SOLE 5000000 BBH&CO Private Equity Partners 317 2000000 SH SOLE 2000000 Clearview Investment Fund 2343 32050 SH SOLE 32050 Garden Lane Investment Fund 679 4379 SH SOLE 4379 Graham Partners II, L.P. 339 370084 SH SOLE 370084 Graham Partners Investments, L 685 1300 SH SOLE 1300 Load Control Technologies-B innoB 375 300000 SH SOLE 300000 Load Control Technologies-C 95 76000 SH SOLE 76000 Load Control Techonlogies E 312 249520 SH SOLE 249520 Load Control Techonlogies Escr 688 688100 SH SOLE 688100 Mill Creek Partners 4198 14983 SH SOLE 14983 REMS Value-Opportunity Fund 432787307 2439 216622 SH SOLE 216622 Rosemont Partners 478 477513 SH SOLE 477513 Filene's Basement 316866102 0 11758 SH SOLE 11758 Jupiter Media Metrix 48206U104 5 22796 SH SOLE 22796 Network Appliance/Rest/ 64120L104 238 11885 SH SOLE 11885 Northpoint Comm 666610100 0 229656 SH SOLE 229656 Red Hat 756577102 3681 200188 SH SOLE 200188 Rush Creek Land & Live Stock RCLLS 210 350 SH SOLE 350 StorageNetworks 86211E103 0 34804 SH SOLE 34804 StorageNetworks/Rest/ 86211E103 0 43869 SH SOLE 43869 Sycamore Networks 871206108 437 119371 SH SOLE 119371
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