Chief Compliance Officer

0001058800-16-000017.txt : 20161114 0001058800-16-000017.hdr.sgml : 20161111 20161114120817 ACCESSION NUMBER: 0001058800-16-000017 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161114 DATE AS OF CHANGE: 20161114 EFFECTIVENESS DATE: 20161114 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: 161992571 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 09-30-2016 09-30-2016 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 Chief Compliance Officer 610-940-1111 ext 228 Cheri Cecchin West Conshohocken PA 11-14-2016 0 164 880128 false INFORMATION TABLE 2 Sept2016.XML SEPTEMBER 30,2016 13F 8point3 Energy Partners, LP COM 282539105 22689 1575644 SH SOLE 0 0 1575644 AT&T COM 00206r102 1251 30809 SH SOLE 0 0 30809 AllianceBernstein Holdings, LP COM 01881g106 619 27128 SH SOLE 0 0 27128 Brandywine Realty COM 105368203 2059 131799 SH SOLE 0 0 131799 Dominion Resources COM 25746u109 241 3250 SH SOLE 0 0 3250 Enbridge Energy Mgmt. COM 29250x103 1714 67392 SH SOLE 0 0 67392 Enbridge Energy Partners L.P. COM 29250R106 389 15300 SH SOLE 0 0 15300 Energy Transfer Equity LP COM 29273V100 12109 721221 SH SOLE 0 0 721221 Energy Transfer Partners LP COM 29273R109 659 17800 SH SOLE 0 0 17800 Enterprise Prod Partners COM 293792107 52375 1895574 SH SOLE 0 0 1895574 Kinder Morgan Inc. COM 49456b101 2710 117146 SH SOLE 0 0 117146 Liberty Property Tr COM 531172104 5155 127746 SH SOLE 0 0 127746 MPLX LP COM 55336v100 1059 31271 SH SOLE 0 0 31271 Magellan Midstream Partners, L COM 559080106 58674 829425 SH SOLE 0 0 829425 NRG Yield, Inc.Class C COM 62942X405 17749 1046506 SH SOLE 0 0 1046506 Next Era Energy Partners COM 65341b106 33096 1183252 SH SOLE 0 0 1183252 NextEra Energy, Inc. COM 65339F101 27756 226917 SH SOLE 0 0 226917 Nustar GP Holdings LLC COM 67059l102 202 7900 SH SOLE 0 0 7900 Pattern Energy Group, Inc. Cla COM 70338p100 35604 1583093 SH SOLE 0 0 1583093 Phillips 66 Partners LP COM 718549207 370 7617 SH SOLE 0 0 7617 Plains All American Pipeline L COM 726503105 7100 226044 SH SOLE 0 0 226044 Plains GP Holdings LP COM 72651a108 299 23082 SH SOLE 0 0 23082 Resource Capital COM 76120W708 753 58760 SH SOLE 0 0 58760 Sempra Energy COM 816851109 20202 188472 SH SOLE 0 0 188472 Shell Midstream Partners LP COM 822634101 369 11505 SH SOLE 0 0 11505 Spectra Energy COM 847560109 15406 360378 SH SOLE 0 0 360378 Spectra Energy Partners LP COM 84756n109 10772 246546 SH SOLE 0 0 246546 StoneMor Partners LP COM 86183q100 1017 40621 SH SOLE 0 0 40621 Sunoco LP COM 86765k109 440 15172 SH SOLE 0 0 15172 Teekay LNG Partners COM y8564m105 341 22557 SH SOLE 0 0 22557 Verizon Comm COM 92343V104 9782 188191 SH SOLE 0 0 188191 Williams Companies Inc COM 969457100 1397 45462 SH SOLE 0 0 45462 3M Company COM 88579y101 2706 15353 SH SOLE 0 0 15353 A. Schulman COM 808194104 302 10372 SH SOLE 0 0 10372 ABB Ltd. COM 000375204 311 13800 SH SOLE 0 0 13800 AbbVie, Inc. COM 00287y109 410 6505 SH SOLE 0 0 6505 Abbott Laboratories COM 002824100 8940 211393 SH SOLE 0 0 211393 Advance Auto Parts COM 00751Y106 1691 11338 SH SOLE 0 0 11338 Air Products COM 009158106 250 1661 SH SOLE 0 0 1661 Allergan Inc. COM G0177J108 30110 130739 SH SOLE 0 0 130739 Alphabet, Inc. Cl A COM 02079k305 14082 17513 SH SOLE 0 0 17513 Alphabet, Inc. Cl C COM 02079k107 229 295 SH SOLE 0 0 295 Amazon.com Inc. COM 023135106 25566 30534 SH SOLE 0 0 30534 American Express COM 025816109 525 8204 SH SOLE 0 0 8204 American Intl. Group COM 026874784 2677 45105 SH SOLE 0 0 45105 Anheuser-Busch InBev SA/NV COM 150142925 11575 88640 SH SOLE 0 0 88640 Anheuser-Busch Inbev ADR COM 03524A108 775 5900 SH SOLE 0 0 5900 Apple Computer COM 037833100 6797 60121 SH SOLE 0 0 60121 Associated Capital Group COM 045528106 422 11888 SH SOLE 0 0 11888 Automatic Data Processing COM 053015103 1972 22360 SH SOLE 0 0 22360 Bancorp Inc COM 05969a105 995 155020 SH SOLE 0 0 155020 Bayer AG COM 072733918 2688 26750 SH SOLE 0 0 26750 Becton Dickinson COM 075887109 2088 11618 SH SOLE 0 0 11618 Blackstone Group COM 09253U108 2356 92299 SH SOLE 0 0 92299 Boeing Company COM 097023105 286 2169 SH SOLE 0 0 2169 Brkshire Hathaway A COM 084670108 649 3 SH SOLE 0 0 3 Brkshire Hathaway B COM 084670702 3235 22395 SH SOLE 0 0 22395 CVS Health Corp COM 126650100 2758 30988 SH SOLE 0 0 30988 Cadence Design COM 127387108 235 9224 SH SOLE 0 0 9224 Caterpillar COM 149123101 209 2350 SH SOLE 0 0 2350 Chevron COM 166764100 2739 26609 SH SOLE 0 0 26609 Chubb Ltd. COM H1467J104 539 4286 SH SOLE 0 0 4286 Cisco Systems COM 17275R102 1083 34142 SH SOLE 0 0 34142 Citigroup COM 172967424 10464 221558 SH SOLE 0 0 221558 Coca Cola Co. COM 191216100 1739 41081 SH SOLE 0 0 41081 Colgate Palmolive COM 194162103 4736 63874 SH SOLE 0 0 63874 Comcast Cl A COM 20030N101 316 4762 SH SOLE 0 0 4762 ConocoPhillips COM 20825C104 2072 47662 SH SOLE 0 0 47662 Corning COM 219350105 206 8700 SH SOLE 0 0 8700 Costco Wholesale COM 22160K105 3472 22767 SH SOLE 0 0 22767 DST Systems COM 233326107 1137 9645 SH SOLE 0 0 9645 Danaher Corp COM 235851102 8485 108244 SH SOLE 0 0 108244 Deere & Co. COM 244199105 331 3875 SH SOLE 0 0 3875 Dentsply Sirona COM 24906P109 2831 47640 SH SOLE 0 0 47640 Diageo PLC Spon ADR COM 25243q205 203 1753 SH SOLE 0 0 1753 Diebold COM 253651103 292 11770 SH SOLE 0 0 11770 Discovery Comm C COM 25470f302 876 33290 SH SOLE 0 0 33290 Discovery Holding A COM 25470f104 288 10704 SH SOLE 0 0 10704 Dow Chemical COM 260543103 553 10674 SH SOLE 0 0 10674 Eli Lilly COM 532457108 390 4860 SH SOLE 0 0 4860 Emerson Electric Co. COM 291011104 719 13188 SH SOLE 0 0 13188 Estee Lauder COM 518439104 673 7600 SH SOLE 0 0 7600 Exelon Corp. COM 30161N101 217 6523 SH SOLE 0 0 6523 Exxon Mobil COM 30231G102 3171 36327 SH SOLE 0 0 36327 Facebook COM 30303M102 18941 147662 SH SOLE 0 0 147662 Ferro Corp COM 315405100 379 27470 SH SOLE 0 0 27470 Fomento Economico Mexicano SA COM 344419106 3610 39220 SH SOLE 0 0 39220 Fortive Corp. COM 34959J108 2755 54122 SH SOLE 0 0 54122 Gamco Investors A COM 361438104 338 11888 SH SOLE 0 0 11888 General Electric COM 369604103 20693 698631 SH SOLE 0 0 698631 General Mills COM 370334104 287 4500 SH SOLE 0 0 4500 Genuine Parts COM 372460105 1319 13127 SH SOLE 0 0 13127 Gilead Science COM 375558103 267 3376 SH SOLE 0 0 3376 GlaxoSmithKline PLC COM 37733w105 750 17400 SH SOLE 0 0 17400 Henry Schein COM 806407102 2496 15316 SH SOLE 0 0 15316 Home Depot COM 437076102 23873 185522 SH SOLE 0 0 185522 IBM COM 459200101 1439 9060 SH SOLE 0 0 9060 Illinois Tool Works COM 452308109 906 7559 SH SOLE 0 0 7559 Intel Corp. COM 458140100 415 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 1235 39496 SH SOLE 0 0 39496 J.M. Smucker COM 832696405 836 6170 SH SOLE 0 0 6170 J.P. Morgan Chase COM 46625h100 18741 281438 SH SOLE 0 0 281438 JPMorgan China Region Fund COM 48126T104 641 37208 SH SOLE 0 0 37208 Johnson & Johnson COM 478160104 41709 353076 SH SOLE 0 0 353076 Johnson Controls International COM g51502105 8012 172192 SH SOLE 0 0 172192 KKR & Co. LP COM 48248M102 1590 111500 SH SOLE 0 0 111500 Key Corp. COM 493267108 180 14750 SH SOLE 0 0 14750 Kimberly Clark COM 494368103 2487 19716 SH SOLE 0 0 19716 LKQ Corporation COM 501889208 1856 52349 SH SOLE 0 0 52349 Lehman Note COM 524ESC100 0 12800 SH SOLE 0 0 12800 Liberty Sirius Group C COM 531229607 245 7348 SH SOLE 0 0 7348 McCormick & Co. COM 579780206 8611 86178 SH SOLE 0 0 86178 McDonald's Corp. COM 580135101 223 1935 SH SOLE 0 0 1935 Medtronic COM G5960L103 24402 282436 SH SOLE 0 0 282436 Merck COM 58933y105 4177 66927 SH SOLE 0 0 66927 MetLife COM 59156R108 1261 28379 SH SOLE 0 0 28379 Microsoft COM 594918104 336 5834 SH SOLE 0 0 5834 Mondelez International Inc. COM 609207105 592 13483 SH SOLE 0 0 13483 Nestle Spons ADR COM 641069406 36913 467455 SH SOLE 0 0 467455 Nielsen Holdings PLC COM G6518L108 16369 305563 SH SOLE 0 0 305563 Noble Energy COM 655044105 1863 52130 SH SOLE 0 0 52130 Northrup Grumman COM 666807102 214 1000 SH SOLE 0 0 1000 Novartis COM 66987V109 2598 32900 SH SOLE 0 0 32900 Ohr Pharmaceutical Inc. COM 67778h200 123 43368 SH SOLE 0 0 43368 Oracle COM 68389X105 263 6700 SH SOLE 0 0 6700 Pepsico COM 713448108 15647 143853 SH SOLE 0 0 143853 Pfizer COM 717081103 3279 96804 SH SOLE 0 0 96804 Phillips 66 COM 718546104 1659 20600 SH SOLE 0 0 20600 Praxair COM 74005P104 5006 41426 SH SOLE 0 0 41426 Procter & Gamble COM 742718109 8754 97543 SH SOLE 0 0 97543 Roche Holding AG COM 771195104 3680 118420 SH SOLE 0 0 118420 Royal Dutch Shell COM 780259206 1357 27112 SH SOLE 0 0 27112 S&P Global Inc. COM 78409V104 202 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 779 9750 SH SOLE 0 0 9750 SPDR Midcap Index COM 78467y107 200 710 SH SOLE 0 0 710 SPDR S&P 500 ETF COM 78462f103 3095 14310 SH SOLE 0 0 14310 Schlumberger COM 806857108 214 2722 SH SOLE 0 0 2722 Sherwin Williams Co. COM 824348106 1776 6420 SH SOLE 0 0 6420 Southwest Airlines COM 844741108 2993 76951 SH SOLE 0 0 76951 State Street Corp COM 857477103 464 6664 SH SOLE 0 0 6664 Stryker Corp COM 863667101 1614 13862 SH SOLE 0 0 13862 SunEdison Semiconductor, Inc. COM y8213l102 750 65837 SH SOLE 0 0 65837 Synaptics Incorporated COM 87157d109 491 8381 SH SOLE 0 0 8381 Sysco COM 871829107 2204 44961 SH SOLE 0 0 44961 Thermo Fisher Scientific COM 883556102 24883 156435 SH SOLE 0 0 156435 Tiffany & Co. COM 886547108 615 8469 SH SOLE 0 0 8469 Time Warner Inc. COM 887317303 3113 39099 SH SOLE 0 0 39099 Twenty-First Century Fox COM 90130A101 763 31497 SH SOLE 0 0 31497 UBS Group AG COM H42097107 2607 191399 SH SOLE 0 0 191399 Unilever NV NY COM 904784709 4912 106543 SH SOLE 0 0 106543 Union Pacific COM 907818108 1429 14656 SH SOLE 0 0 14656 United Technologies COM 913017109 367 3608 SH SOLE 0 0 3608 UnitedHealth Group COM 91324P102 420 3000 SH SOLE 0 0 3000 Univest Corporation COM 915271100 325 13932 SH SOLE 0 0 13932 Viacom Class B COM 92553p201 309 8116 SH SOLE 0 0 8116 Visa COM 92826c839 7801 94330 SH SOLE 0 0 94330 W. W. Grainger COM 384802104 459 2041 SH SOLE 0 0 2041 WPP Plc American Depository Sh COM 92937A102 2955 25105 SH SOLE 0 0 25105 Walt Disney COM 254687106 1254 13504 SH SOLE 0 0 13504 Wells Fargo COM 949746101 794 17936 SH SOLE 0 0 17936 WisdomTree Germany Hedged Equi COM 97717w448 1348 51450 SH SOLE 0 0 51450 iShares Russell 1000 Growth In COM 464287614 313 3000 SH SOLE 0 0 3000 iShares Russell 2000 Value COM 464287630 218 2080 SH SOLE 0 0 2080 iShares US Technology COM 464287721 405 3400 SH SOLE 0 0 3400