0001058800-16-000007.txt : 20160204
0001058800-16-000007.hdr.sgml : 20160204
20160204100812
ACCESSION NUMBER: 0001058800-16-000007
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20151231
FILED AS OF DATE: 20160204
DATE AS OF CHANGE: 20160204
EFFECTIVENESS DATE: 20160204
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: 161387122
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
false
true
0001058800
XXXXXXXX
12-31-2015
12-31-2015
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 Cecchin
Executive Director, CCO
610-940-1111
Cheri Cecchin
West Conshohocken
PA
02-04-2016
0
167
883605
false
INFORMATION TABLE
2
Dec2015.xml
8point3 Energy Partners, LP
COM
282539105
6218
385239
SH
SOLE
0
0
385239
AGL Resources
COM
001204106
1430
22404
SH
SOLE
0
0
22404
AT&T
COM
00206r102
1060
30809
SH
SOLE
0
0
30809
Abengoa Yield PLC
COM
g00349103
4433
229830
SH
SOLE
0
0
229830
AllianceBernstein Holdings, LP
COM
01881g106
647
27128
SH
SOLE
0
0
27128
BioMed Realty Trust
COM
09063H107
1593
67250
SH
SOLE
0
0
67250
Brandywine Realty
COM
105368203
13026
953620
SH
SOLE
0
0
953620
Calumet Specialty Products Par
COM
131476103
279
14004
SH
SOLE
0
0
14004
DCP Midstream Partners, LP
COM
23311P100
4544
184203
SH
SOLE
0
0
184203
Dominion Resources
COM
25746u109
220
3250
SH
SOLE
0
0
3250
Duke Realty
COM
264411505
996
47400
SH
SOLE
0
0
47400
Enbridge Energy Mgmt.
COM
29250x103
1092
48915
SH
SOLE
0
0
48915
Enbridge Energy Partners L.P.
COM
29250R106
353
15300
SH
SOLE
0
0
15300
Energy Transfer Equity LP
COM
29273V100
25331
1843616
SH
SOLE
0
0
1843616
Energy Transfer Partners LP
COM
29273R109
600
17800
SH
SOLE
0
0
17800
Enterprise Prod Partners
COM
293792107
44487
1739143
SH
SOLE
0
0
1739143
Hersha Hospitality Trust Class
COM
427825500
2158
99194
SH
SOLE
0
0
99194
Kinder Morgan Inc.
COM
49456b101
1693
113471
SH
SOLE
0
0
113471
Kinder Morgan Inc. Mandatory C
COM
49456b200
505
12535
SH
SOLE
0
0
12535
Liberty Property Tr
COM
531172104
13563
436796
SH
SOLE
0
0
436796
MPLX LP
COM
55336v100
1343
34145
SH
SOLE
0
0
34145
Magellan Midstream Partners, L
COM
559080106
56764
835741
SH
SOLE
0
0
835741
NRG Yield, Inc.Class C
COM
62942X405
9317
631205
SH
SOLE
0
0
631205
Next Era Energy Partners
COM
65341b106
37210
1246571
SH
SOLE
0
0
1246571
NextEra Energy, Inc.
COM
65339F101
21460
206566
SH
SOLE
0
0
206566
Pattern Energy Group, Inc. Cla
COM
70338p100
15792
755260
SH
SOLE
0
0
755260
Plains All American Pipeline L
COM
726503105
11021
477088
SH
SOLE
0
0
477088
Plains GP Holdings LP
COM
72651a108
628
66465
SH
SOLE
0
0
66465
Resource Capital
COM
76120W708
764
59899
SH
SOLE
0
0
59899
SPDR Dow Jones REIT ETF
COM
78464a607
438
4780
SH
SOLE
0
0
4780
Sempra Energy
COM
816851109
9392
99900
SH
SOLE
0
0
99900
Spectra Energy
COM
847560109
2558
106850
SH
SOLE
0
0
106850
StoneMor Partners LP
COM
86183q100
864
32316
SH
SOLE
0
0
32316
Teekay LNG Partners
COM
y8564m105
334
25392
SH
SOLE
0
0
25392
Two Harbors Investment Corp.
COM
90187B101
485
59920
SH
SOLE
0
0
59920
Verizon Comm
COM
92343V104
4949
107072
SH
SOLE
0
0
107072
Williams Companies Inc
COM
969457100
5289
205783
SH
SOLE
0
0
205783
Williams Partners, LP
COM
96949l105
317
11369
SH
SOLE
0
0
11369
3M Company
COM
88579y101
2313
15353
SH
SOLE
0
0
15353
ABB Ltd.
COM
000375204
245
13800
SH
SOLE
0
0
13800
AbbVie, Inc.
COM
00287y109
452
7625
SH
SOLE
0
0
7625
Abbott Laboratories
COM
002824100
310
6893
SH
SOLE
0
0
6893
Advance Auto Parts
COM
00751Y106
1706
11338
SH
SOLE
0
0
11338
Air Products
COM
009158106
216
1661
SH
SOLE
0
0
1661
Airgas Inc.
COM
009363102
264
1907
SH
SOLE
0
0
1907
Alaska Airlines
COM
011659109
12741
158250
SH
SOLE
0
0
158250
Alexion Pharmaceutical
COM
015351109
5321
27895
SH
SOLE
0
0
27895
Allergan Inc.
COM
G0177J108
38533
123305
SH
SOLE
0
0
123305
Alphabet, Inc. Cl A
COM
02079k305
10320
13265
SH
SOLE
0
0
13265
Alphabet, Inc. Cl C
COM
02079k107
224
295
SH
SOLE
0
0
295
American Airlines Group
COM
02376r102
13576
320574
SH
SOLE
0
0
320574
American Express
COM
025816109
598
8604
SH
SOLE
0
0
8604
American Intl. Group
COM
026874784
23127
373191
SH
SOLE
0
0
373191
Anheuser-Busch InBev
COM
b5064a925
12253
98814
SH
SOLE
0
0
98814
Anheuser-Busch Inbev ADR
COM
03524A108
800
6400
SH
SOLE
0
0
6400
Apple Computer
COM
037833100
10040
95380
SH
SOLE
0
0
95380
Associated Capital Group
COM
045528106
363
11888
SH
SOLE
0
0
11888
Automatic Data Processing
COM
053015103
1894
22360
SH
SOLE
0
0
22360
Bancorp Inc
COM
05969a105
1565
245705
SH
SOLE
0
0
245705
Becton Dickinson
COM
075887109
1790
11618
SH
SOLE
0
0
11618
Blackstone Group
COM
09253U108
1513
51750
SH
SOLE
0
0
51750
Boeing Company
COM
097023105
314
2169
SH
SOLE
0
0
2169
Breeze Eastern
COM
106990542
232
11704
SH
SOLE
0
0
11704
Brkshire Hathaway A
COM
084670108
593
3
SH
SOLE
0
0
3
Brkshire Hathaway B
COM
084670702
2957
22395
SH
SOLE
0
0
22395
CVS Health Corp
COM
126650100
3561
36422
SH
SOLE
0
0
36422
Celgne Corp
COM
151020104
4765
39790
SH
SOLE
0
0
39790
Centurylink Inc
COM
156700106
205
8144
SH
SOLE
0
0
8144
Chevron
COM
166764100
2553
28383
SH
SOLE
0
0
28383
Chubb Ltd.
COM
H1467J104
1424
10735
SH
SOLE
0
0
10735
Cisco Systems
COM
17275R102
927
34144
SH
SOLE
0
0
34144
Citigroup
COM
172967424
5758
111267
SH
SOLE
0
0
111267
Coca Cola Co.
COM
191216100
755
17566
SH
SOLE
0
0
17566
Colgate Palmolive
COM
194162103
4481
67264
SH
SOLE
0
0
67264
Comcast Cl A
COM
20030N101
269
4762
SH
SOLE
0
0
4762
ConocoPhillips
COM
20825C104
2263
48462
SH
SOLE
0
0
48462
Costco Wholesale
COM
22160K105
3693
22867
SH
SOLE
0
0
22867
DST Systems
COM
233326107
1100
9645
SH
SOLE
0
0
9645
Danaher Corp
COM
235851102
9915
106750
SH
SOLE
0
0
106750
Deere & Co.
COM
244199105
296
3875
SH
SOLE
0
0
3875
Delta Airlines
COM
247361702
17144
338216
SH
SOLE
0
0
338216
Dentsply Intl
COM
249030107
2899
47640
SH
SOLE
0
0
47640
Discovery Comm C
COM
25470f302
840
33290
SH
SOLE
0
0
33290
Discovery Holding A
COM
25470f104
286
10704
SH
SOLE
0
0
10704
Dow Chemical
COM
260543103
396
7701
SH
SOLE
0
0
7701
Eli Lilly
COM
532457108
359
4260
SH
SOLE
0
0
4260
Emerson Electric Co.
COM
291011104
655
13687
SH
SOLE
0
0
13687
Estee Lauder
COM
518439104
722
8200
SH
SOLE
0
0
8200
Exelon Corp.
COM
30161N101
679
24468
SH
SOLE
0
0
24468
Exxon Mobil
COM
30231G102
2861
36697
SH
SOLE
0
0
36697
Facebook
COM
30303M102
15730
150300
SH
SOLE
0
0
150300
Ferro Corp
COM
315405100
485
43656
SH
SOLE
0
0
43656
Fomento Economico Mexicano SA
COM
344419106
3913
42370
SH
SOLE
0
0
42370
Gamco Investors A
COM
361438104
369
11888
SH
SOLE
0
0
11888
General Electric
COM
369604103
5549
178132
SH
SOLE
0
0
178132
General Mills
COM
370334104
262
4544
SH
SOLE
0
0
4544
General Motors
COM
37045v100
12193
358520
SH
SOLE
0
0
358520
Genuine Parts
COM
372460105
1127
13127
SH
SOLE
0
0
13127
Gilead Science
COM
375558103
375
3705
SH
SOLE
0
0
3705
GlaxoSmithKline PLC
COM
37733w105
722
17900
SH
SOLE
0
0
17900
Henry Schein
COM
806407102
4960
31356
SH
SOLE
0
0
31356
Home Depot
COM
437076102
26904
203430
SH
SOLE
0
0
203430
IBM
COM
459200101
1440
10461
SH
SOLE
0
0
10461
Illinois Tool Works
COM
452308109
701
7559
SH
SOLE
0
0
7559
Intel Corp.
COM
458140100
379
11004
SH
SOLE
0
0
11004
Invesco
COM
G491BT108
1322
39496
SH
SOLE
0
0
39496
J.P. Morgan Chase
COM
46625h100
9165
138806
SH
SOLE
0
0
138806
JPMorgan China Region Fund
COM
48126T104
858
56009
SH
SOLE
0
0
56009
Johnson & Johnson
COM
478160104
36634
356642
SH
SOLE
0
0
356642
KKR & Co. LP
COM
48248M102
539
34600
SH
SOLE
0
0
34600
Kimberly Clark
COM
494368103
2510
19716
SH
SOLE
0
0
19716
LKQ Corporation
COM
501889208
2123
71650
SH
SOLE
0
0
71650
Lehman Note
COM
524ESC100
0
12800
SH
SOLE
0
0
12800
Liberty Media Series C
COM
531229300
282
7412
SH
SOLE
0
0
7412
MasterCard Inc.
COM
57636q104
16988
174485
SH
SOLE
0
0
174485
McCormick & Co.
COM
579780206
8512
99490
SH
SOLE
0
0
99490
McDonald's Corp.
COM
580135101
240
2035
SH
SOLE
0
0
2035
Medtronic
COM
G5960L103
23676
307794
SH
SOLE
0
0
307794
Merck
COM
58933y105
3509
66428
SH
SOLE
0
0
66428
MetLife
COM
59156R108
1850
38378
SH
SOLE
0
0
38378
Microsoft
COM
594918104
10669
192300
SH
SOLE
0
0
192300
Mondelez International Inc.
COM
609207105
614
13683
SH
SOLE
0
0
13683
NVR, Inc.
COM
62944t105
9792
5960
SH
SOLE
0
0
5960
Nestle Spons ADR
COM
641069406
37682
505963
SH
SOLE
0
0
505963
Nielsen Holdings PLC
COM
G6518L108
14577
312818
SH
SOLE
0
0
312818
Noble Energy
COM
655044105
1717
52130
SH
SOLE
0
0
52130
Novartis
COM
66987V109
2805
32600
SH
SOLE
0
0
32600
Ohr Pharmaceutical Inc.
COM
67778h200
318
51872
SH
SOLE
0
0
51872
Oracle
COM
68389X105
245
6700
SH
SOLE
0
0
6700
Pepsico
COM
713448108
3925
39278
SH
SOLE
0
0
39278
Pfizer
COM
717081103
3125
96804
SH
SOLE
0
0
96804
Phillips 66
COM
718546104
1685
20601
SH
SOLE
0
0
20601
Praxair
COM
74005P104
4242
41426
SH
SOLE
0
0
41426
Procter & Gamble
COM
742718109
7786
98052
SH
SOLE
0
0
98052
Resource America
COM
761195205
2570
419203
SH
SOLE
0
0
419203
Roche Holding AG
COM
771195104
4701
136190
SH
SOLE
0
0
136190
Royal Dutch Shell
COM
780259206
1241
27112
SH
SOLE
0
0
27112
SAB Miller PLC/GBP/
COM
G77395104
1290
21499
SH
SOLE
0
0
21499
SPDR Index Shs S&P China
COM
78463X400
2550
34700
SH
SOLE
0
0
34700
SPDR S&P 500 ETF
COM
78462F103
2917
14310
SH
SOLE
0
0
14310
Silicon Motion Technologies Co
COM
82706c108
453
14435
SH
SOLE
0
0
14435
Southwest Airlines
COM
844741108
8950
207850
SH
SOLE
0
0
207850
State Street Corp
COM
857477103
442
6664
SH
SOLE
0
0
6664
Stryker Corp
COM
863667101
1288
13862
SH
SOLE
0
0
13862
SunEdison Semiconductor, Inc.
COM
y8213l102
184
23423
SH
SOLE
0
0
23423
Synaptics Incorporated
COM
87157d109
584
7267
SH
SOLE
0
0
7267
Sysco
COM
871829107
1843
44962
SH
SOLE
0
0
44962
Thermo Fisher Scientific
COM
883556102
15388
108482
SH
SOLE
0
0
108482
Tiffany & Co.
COM
886547108
646
8469
SH
SOLE
0
0
8469
Time Warner Inc.
COM
887317303
2529
39099
SH
SOLE
0
0
39099
Twenty-First Century Fox
COM
90130A101
888
32697
SH
SOLE
0
0
32697
UBS Group AG
COM
H42097107
3655
188700
SH
SOLE
0
0
188700
Unilever NV NY
COM
904784709
4802
110845
SH
SOLE
0
0
110845
Union Pacific
COM
907818108
1146
14656
SH
SOLE
0
0
14656
United Continental Holdings, I
COM
910047109
13139
229297
SH
SOLE
0
0
229297
United Technologies
COM
913017109
347
3608
SH
SOLE
0
0
3608
UnitedHealth Group
COM
91324P102
353
3000
SH
SOLE
0
0
3000
Univest Corporation
COM
915271100
372
17856
SH
SOLE
0
0
17856
Viacom Class B
COM
92553p201
334
8116
SH
SOLE
0
0
8116
W. W. Grainger
COM
384802104
413
2041
SH
SOLE
0
0
2041
WPP Plc American Depository Sh
COM
92937A102
2881
25105
SH
SOLE
0
0
25105
Walt Disney
COM
254687106
1430
13604
SH
SOLE
0
0
13604
Wells Fargo
COM
949746101
976
17956
SH
SOLE
0
0
17956
WisdomTree Germany Hedged Equi
COM
97717w448
1370
51450
SH
SOLE
0
0
51450
Xinhua China 25 Index Fund
COM
464287184
487
13792
SH
SOLE
0
0
13792
iShares Russell 1000 Growth In
COM
464287614
298
3000
SH
SOLE
0
0
3000
iShares US Technology
COM
464287721
460
4300
SH
SOLE
0
0
4300