0001058800-11-000003.txt : 20110808
0001058800-11-000003.hdr.sgml : 20110808
20110808124143
ACCESSION NUMBER: 0001058800-11-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110808
DATE AS OF CHANGE: 20110808
EFFECTIVENESS DATE: 20110808
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: 111016337
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
june201113ftable.txt
JUNE 30, 2011 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 376 19000 SH SOLE 19000
UBS Preferred Funding Trust IV 90263w201 557 31200 SH SOLE 31200
AGL Resources COM 001204106 1192 29275 SH SOLE 29275
Alliance Holdings GP L.P. COM 01861g100 2010 40300 SH SOLE 40300
AllianceBernstein Holdings, LP COM 01881g106 2346 120690 SH SOLE 120690
DCP Midstream Partners, LP COM 23311P100 23308 568902 SH SOLE 568902
Dominion Resources COM 25746u109 475 9850 SH SOLE 9850
Enbridge Energy Mgmt. COM 29250x103 1368 44269 SH SOLE 44269
Enbridge Energy Partners L.P. COM 29250R106 472 15700 SH SOLE 15700
Energy Transfer Equity LP COM 29273V100 21702 482690 SH SOLE 482690
Enterprise Prod Partners COM 293792107 51866 1200334 SH SOLE 1200334
Inergy L.P. COM 456615103 18726 529585 SH SOLE 529585
Kinder Morgan Energy Partners COM 494550106 276 3800 SH SOLE 3800
Kinder Morgan Mgmt COM 49455u100 5428 82755 SH SOLE 82755
Liberty Properties COM 531172104 2629 80700 SH SOLE 80700
Magellan Midstream Partners, L COM 559080106 29984 502000 SH SOLE 502000
MarkWest Energy Partners LP COM 570759100 676 14020 SH SOLE 14020
NextEra Energy COM 65339F101 4098 71326 SH SOLE 71326
Nustar Energy LP COM 67058H102 999 15450 SH SOLE 15450
Nustar GP Holdings LLC COM 67059l102 4037 112130 SH SOLE 112130
Pioneer Southwest Energy Partn COM 72388B106 3626 129100 SH SOLE 129100
Plains All American Pipeline L COM 726503105 27837 434949 SH SOLE 434949
Resource Capital COM 76120W302 5661 895731 SH SOLE 895731
Starwood Property Trust COM 85571b105 649 31660 SH SOLE 31660
Teekay Offshore Partners, L.P. COM y8565j101 8221 280105 SH SOLE 280105
Two Harbors Investment Corp. COM 90187B101 1288 119850 SH SOLE 119850
Vodafone Group PLC COM 92857w209 6735 252061 SH SOLE 252061
3M Company COM 88579y101 1515 15976 SH SOLE 15976
ABB Ltd. COM 000375204 942 36300 SH SOLE 36300
Accenture Ltd. Bermuda COM g1151c101 10351 171310 SH SOLE 171310
Advance Auto Parts COM 00751Y106 4508 77080 SH SOLE 77080
American Express COM 025816109 556 10750 SH SOLE 10750
Anadarko Petroleum COM 032511107 322 4200 SH SOLE 4200
Anheuser-Busch InBev COM b5064a925 15070 260460 SH SOLE 260460
Anheuser-Busch Inbev ADR COM 03524A108 5175 89210 SH SOLE 89210
Apple Computer COM 037833100 21066 62757 SH SOLE 62757
Arch Capital Group COM g0450a105 1326 41550 SH SOLE 41550
Automatic Data Processing COM 053015103 2169 41169 SH SOLE 41169
Avon Products Inc. COM 054303102 215 7688 SH SOLE 7688
BHP Billiton Ltd ADR COM 088606108 2325 24570 SH SOLE 24570
Baker Hughes Inc. COM 057224107 6609 91090 SH SOLE 91090
Bancorp Inc COM 05969a105 6773 648109 SH SOLE 648109
Bank of America COM 060505104 167 15250 SH SOLE 15250
Becton Dickinson COM 075887109 1159 13450 SH SOLE 13450
Boeing Company COM 097023105 7658 103590 SH SOLE 103590
Brkshire Hathaway A COM 084670108 348 3 SH SOLE 3
Brkshire Hathaway B COM 084670702 2247 29035 SH SOLE 29035
CVS/Caremark COM 126650100 923 24555 SH SOLE 24555
Cablevision Systems Corp. COM 12686c109 13800 381110 SH SOLE 381110
Canadian Oil Sands Trust/CAD/ COM 13642L100 2347 84350 SH SOLE 84350
Cash America International, In COM 14754d100 972 16790 SH SOLE 16790
Caterpillar COM 149123101 271 2550 SH SOLE 2550
Chevron COM 166764100 4153 40386 SH SOLE 40386
Chubb COM 171232101 682 10896 SH SOLE 10896
Cisco Systems COM 17275R102 1778 113887 SH SOLE 113887
Coca Cola Co. COM 191216100 21045 312755 SH SOLE 312755
Colgate Palmolive COM 194162103 3854 44095 SH SOLE 44095
ConocoPhillips COM 20825C104 5274 70143 SH SOLE 70143
Costco Wholesale COM 22160K105 1950 24000 SH SOLE 24000
Crown Holdings Inc . COM 228368106 19226 495253 SH SOLE 495253
DST Systems COM 233326107 528 10000 SH SOLE 10000
Deere & Co. COM 244199105 379 4600 SH SOLE 4600
Dell Computer COM 24702r101 240 14400 SH SOLE 14400
Dentsply Intl COM 249030107 2079 54600 SH SOLE 54600
DirectTV Group COM 25490A101 1180 23214 SH SOLE 23214
Discovery Comm C COM 25470f302 468 12800 SH SOLE 12800
Discovery Holding A COM 25470f104 505 12336 SH SOLE 12336
Dollar Tree Inc. COM 256746108 7696 115514 SH SOLE 115514
Dow Chemical COM 260543103 3246 90170 SH SOLE 90170
E-Bay COM 278642103 504 15625 SH SOLE 15625
EMC Corp Mass COM 268648102 356 12925 SH SOLE 12925
Emerson Electric Co. COM 291011104 655 11650 SH SOLE 11650
Estee Lauder COM 518439104 789 7500 SH SOLE 7500
Exxon Mobil COM 30231G102 3687 45304 SH SOLE 45304
Fomento Economico Mexicano SA COM 344419106 4129 62100 SH SOLE 62100
Franklin Resources COM 354613101 3869 29470 SH SOLE 29470
Gamco Investors A COM 361438104 849 18350 SH SOLE 18350
General Electric COM 369604103 3121 165458 SH SOLE 165458
Genuine Parts COM 372460105 560 10300 SH SOLE 10300
Goodrich Corp COM 382388106 7544 78990 SH SOLE 78990
H. J. Heinz COM 423074103 282 5300 SH SOLE 5300
Halliburton Co. COM 406216101 7208 141330 SH SOLE 141330
Henry Schein COM 806407102 4890 68300 SH SOLE 68300
IBM COM 459200101 23061 134426 SH SOLE 134426
Illinois Tool Works COM 452308109 2831 50120 SH SOLE 50120
Intel Corp. COM 458140100 382 17216 SH SOLE 17216
Invesco COM G491BT108 475 20300 SH SOLE 20300
Itau Unibanco Holding S.A. COM 465562106 1720 73037 SH SOLE 73037
J.P. Morgan Chase COM 46625h100 5733 140028 SH SOLE 140028
JF China Region Fund COM 46614T107 1368 89600 SH SOLE 89600
Johnson & Johnson COM 478160104 691 10386 SH SOLE 10386
Kellogg Co. COM 487836108 4004 72386 SH SOLE 72386
Kimberly Clark COM 494368103 1489 22364 SH SOLE 22364
Kraft Foods COM 50075N104 8248 234120 SH SOLE 234120
Liberty Media Hldg COM 53071M302 352 4108 SH SOLE 4108
McCormick & Co. COM 579780206 1694 34170 SH SOLE 34170
McDonald's Corp. COM 580135101 14783 175320 SH SOLE 175320
Medtronic COM 585055106 1345 34919 SH SOLE 34919
Merck COM 58933y105 1083 30696 SH SOLE 30696
Moog Inc. COM 615394202 3886 89300 SH SOLE 89300
Nestle Spons ADR COM 641069406 31731 511332 SH SOLE 511332
News Corp Cl A COM 65248E104 242 13654 SH SOLE 13654
Noble Energy COM 655044105 4778 53312 SH SOLE 53312
Northrup Grumman COM 666807102 1418 20443 SH SOLE 20443
Northway Financial COM 667270201 154 14050 SH SOLE 14050
Novartis COM 66987V109 2002 32753 SH SOLE 32753
Occidental Petroleum COM 674599105 6946 66765 SH SOLE 66765
Oracle COM 68389X105 13105 398200 SH SOLE 398200
Pepsico COM 713448108 6687 94942 SH SOLE 94942
Pfizer COM 717081103 1988 96482 SH SOLE 96482
Philip Morris COM 718172109 11596 173670 SH SOLE 173670
Praxair COM 74005P104 3632 33506 SH SOLE 33506
Procter & Gamble COM 742718109 7908 124396 SH SOLE 124396
Resource America COM 761195205 1683 286765 SH SOLE 286765
Rio Tinto PLC ADR COM 767204100 2451 33890 SH SOLE 33890
Roche Holding AG COM 771195104 3232 77356 SH SOLE 77356
Royal Dutch Shell COM 780259206 9175 128991 SH SOLE 128991
SAB Miller ADR COM 78572M105 353 9670 SH SOLE 9670
SAB Miller PLC/GBP/ COM G77395104 969 26570 SH SOLE 26570
SPDR S&P 500 ETF COM 78462F103 2891 21905 SH SOLE 21905
Schlumberger COM 806857108 6764 78292 SH SOLE 78292
State Street Corp COM 857477103 280 6214 SH SOLE 6214
Stryker Corp COM 863667101 1795 30576 SH SOLE 30576
Suncor Energy Inc. COM 867224107 790 20200 SH SOLE 20200
Sysco COM 871829107 3407 109272 SH SOLE 109272
Tellabs COM 879664100 396 85796 SH SOLE 85796
Thermo Fisher Scientific COM 883556102 2445 37978 SH SOLE 37978
Tiffany & Co. COM 886547108 685 8730 SH SOLE 8730
Time Warner Cable, Inc. COM 88732j207 14357 183969 SH SOLE 183969
Time Warner Inc. COM 887317303 837 23007 SH SOLE 23007
Unilever NV NY COM 904784709 4331 131830 SH SOLE 131830
Union Pacific COM 907818108 582 5578 SH SOLE 5578
United Parcel Service Inc. COM 911312106 11341 155500 SH SOLE 155500
United Technologies COM 913017109 1606 18150 SH SOLE 18150
UnitedHealth Group COM 91324P102 309 6000 SH SOLE 6000
Viacom Class B COM 92553p201 428 8400 SH SOLE 8400
W. W. Grainger COM 384802104 394 2566 SH SOLE 2566
Walgreen COM 931422109 206 4850 SH SOLE 4850
Walt Disney COM 254687106 542 13873 SH SOLE 13873
Wells Fargo COM 949746101 2703 96339 SH SOLE 96339
Xinhua China 25 Index Fund COM 464287184 2157 50225 SH SOLE 50225
duPont COM 263534109 6338 117254 SH SOLE 117254
iShr MSCI Emerg Mkts ET COM 464287234 4091 85940 SH SOLE 85940
Graham Partners II, L.P. 706 672823 SH SOLE 672823
Graham Partners Investments, L 392 1441 SH SOLE 1441
Mill Creek Partners 389419102 3381 10246 SH SOLE 10246
REMS Real Estate Recovery Fund recovery9 683 500000 SH SOLE 500000
REMS Value-Opportunity Fund 432787307 2509 199107 SH SOLE 199107
Rosemont Partners I 777779307 101 157282 SH SOLE 157282
Rosemont Partners II 89 89143 SH SOLE 89143
Resource America warrants rexiwarra 1138 499019 SH SOLE 499019
Filene's Basement 316866102 0 11758 SH SOLE 11758
NETAPP Inc/Rule145/ 64110dxx7 627 11885 SH SOLE 11885
Naturally Advanced Tech nadvf 98 30000 SH SOLE 30000
Naturally Advanced Tech/Rest/ nadvf 49 15000 SH SOLE 15000
Northpoint Comm 666610100 0 229656 SH SOLE 229656
Red Hat 756577102 4705 102497 SH SOLE 102497
Rightnow Technologies 76657r106 1607 49608 SH SOLE 49608
Sagent Technology 786693101 0 31586 SH SOLE 31586
Successfactors 864596101 685 23289 SH SOLE 23289
Sycamore Networks 871206405 265 11934 SH SOLE 11934