Chief Compliance Officer

0001058800-19-000007.txt : 20191112 0001058800-19-000007.hdr.sgml : 20191112 20191112120525 ACCESSION NUMBER: 0001058800-19-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191112 DATE AS OF CHANGE: 20191112 EFFECTIVENESS DATE: 20191112 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: 191207722 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 09-30-2019 09-30-2019 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 BonVardo Chief Compliance Officer 610-940-1111 Cheri BonVardo West Conshohocken PA 11-12-2019 0 147 869928 false INFORMATION TABLE 2 Sept2019.XML 13 F REPORT AT&T COM 00206r102 10243 270680 SH SOLE 0 0 270680 AllianceBernstein Holdings, LP COM 01881g106 605 20625 SH SOLE 0 0 20625 Ameren Corp COM 023608102 12143 151690 SH SOLE 0 0 151690 CatchMark Timber Trust COM 14912y202 128 12000 SH SOLE 0 0 12000 Clearway Energy, Inc. COM 18539c204 2893 158504 SH SOLE 0 0 158504 Enbridge Inc. COM 29250n105 3452 98411 SH SOLE 0 0 98411 Energy Transfer LP COM 29273V100 36922 2822754 SH SOLE 0 0 2822754 Enterprise Prod Partners COM 293792107 64010 2239683 SH SOLE 0 0 2239683 Enterprise Prod Partners COM 293792107 10 340 SH SOLE 0 0 340 Evergy, Inc. COM 30034w106 1692 25423 SH SOLE 0 0 25423 Fortress Transportation Infr I COM 34960p101 1076 71040 SH SOLE 0 0 71040 HCP, Inc. COM 40414l109 7338 205950 SH SOLE 0 0 205950 Kinder Morgan Inc. COM 49456b101 4818 233776 SH SOLE 0 0 233776 Liberty Property Tr COM 531172104 5373 104683 SH SOLE 0 0 104683 Magellan Midstream Partners, L COM 559080106 43832 661422 SH SOLE 0 0 661422 NextEra Energy Partners COM 65341b106 68555 1297414 SH SOLE 0 0 1297414 NextEra Energy, Inc. COM 65339F101 35745 153419 SH SOLE 0 0 153419 Pattern Energy Group, Inc. COM 70338p100 39015 1448763 SH SOLE 0 0 1448763 Pembina Pipeline Corp. COM 706327103 1284 34630 SH SOLE 0 0 34630 Plains All American Pipeline L COM 726503105 2294 110550 SH SOLE 0 0 110550 Teekay LNG Partners COM y8564m105 16816 1231921 SH SOLE 0 0 1231921 Verizon Comm COM 92343V104 5764 95492 SH SOLE 0 0 95492 Williams Companies Inc COM 969457100 988 41060 SH SOLE 0 0 41060 Williams Companies Inc COM 969457100 38 1590 SH SOLE 0 0 1590 3M Company COM 88579y101 2349 14287 SH SOLE 0 0 14287 ABB Ltd. COM 000375204 2893 147100 SH SOLE 0 0 147100 Abbott Laboratories COM 002824100 18332 219103 SH SOLE 0 0 219103 Advance Auto Parts COM 00751Y106 1363 8238 SH SOLE 0 0 8238 AerCap Holdings N.V. COM N00985106 556 10150 SH SOLE 0 0 10150 Air Lease COM 00912x302 4646 111102 SH SOLE 0 0 111102 Air Products COM 009158106 369 1661 SH SOLE 0 0 1661 Allergan Inc. COM G0177J108 387 2300 SH SOLE 0 0 2300 Alphabet, Inc. Cl A COM 02079k305 13351 10933 SH SOLE 0 0 10933 Alphabet, Inc. Cl A COM 02079k305 61 50 SH SOLE 0 0 50 Alphabet, Inc. Cl C COM 02079k107 1292 1060 SH SOLE 0 0 1060 Amazon.com Inc. COM 023135106 18885 10879 SH SOLE 0 0 10879 American Express COM 025816109 915 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 821 14748 SH SOLE 0 0 14748 Anheuser-Busch InBev SA/NV COM 03524A108 7502 78845 SH SOLE 0 0 78845 Anheuser-Busch Inbev ADR COM 03524A108 552 5800 SH SOLE 0 0 5800 Apple Computer COM 037833100 12825 57262 SH SOLE 0 0 57262 Automatic Data Processing COM 053015103 3456 21410 SH SOLE 0 0 21410 Bank of America COM 060505104 4510 154625 SH SOLE 0 0 154625 Becton Dickinson COM 075887109 16972 67095 SH SOLE 0 0 67095 Blackstone Group Inc. COM 09260D107 3927 80400 SH SOLE 0 0 80400 Boeing Company COM 097023105 681 1789 SH SOLE 0 0 1789 Brkshire Hathaway A COM 084670108 935 3 SH SOLE 0 0 3 Brkshire Hathaway B COM 084670702 19837 95359 SH SOLE 0 0 95359 Brookfield Infrastructure Part COM G16252101 6620 133450 SH SOLE 0 0 133450 CVS Health Corp COM 126650100 3279 51987 SH SOLE 0 0 51987 Cadence Design COM 127387108 610 9224 SH SOLE 0 0 9224 Carnival Corporation COM 143658300 452 10350 SH SOLE 0 0 10350 Caterpillar COM 149123101 272 2150 SH SOLE 0 0 2150 Century Communities, Inc. COM 156504300 990 32310 SH SOLE 0 0 32310 Charles Schwab COM 808513105 244 5825 SH SOLE 0 0 5825 Chevron COM 166764100 2838 23931 SH SOLE 0 0 23931 Chubb Ltd. COM H1467J104 637 3946 SH SOLE 0 0 3946 Cisco Systems COM 17275R102 3292 66634 SH SOLE 0 0 66634 Citigroup COM 172967424 10928 158191 SH SOLE 0 0 158191 Coca Cola Co. COM 191216100 8446 155141 SH SOLE 0 0 155141 Colgate Palmolive COM 194162103 1460 19865 SH SOLE 0 0 19865 Comcast Cl A COM 20030N101 429 9524 SH SOLE 0 0 9524 ConocoPhillips COM 20825C104 2099 36831 SH SOLE 0 0 36831 Corning COM 219350105 248 8700 SH SOLE 0 0 8700 Costco Wholesale COM 22160K105 5731 19892 SH SOLE 0 0 19892 D. R. Horton COM 23331A109 4155 78820 SH SOLE 0 0 78820 Deere & Co. COM 244199105 568 3366 SH SOLE 0 0 3366 Delta Airlines COM 247361702 5224 90690 SH SOLE 0 0 90690 Dentsply Sirona COM 24906P109 2497 46840 SH SOLE 0 0 46840 Discovery Inc. A COM 25470f104 262 9831 SH SOLE 0 0 9831 Discovery Inc. C COM 25470f302 813 33011 SH SOLE 0 0 33011 Eli Lilly COM 532457108 543 4860 SH SOLE 0 0 4860 Emerson Electric Co. COM 291011104 865 12938 SH SOLE 0 0 12938 Estee Lauder COM 518439104 1363 6850 SH SOLE 0 0 6850 Exxon Mobil COM 30231G102 2389 33840 SH SOLE 0 0 33840 Facebook COM 30303M102 10366 58210 SH SOLE 0 0 58210 Fedex COM 31428x106 2239 15378 SH SOLE 0 0 15378 Fomento Economico Mexicano SA COM 344419106 1703 18600 SH SOLE 0 0 18600 General Electric COM 369604103 359 40119 SH SOLE 0 0 40119 Genuine Parts COM 372460105 954 9577 SH SOLE 0 0 9577 Huntington Bancshares Inc. COM 446150104 533 37350 SH SOLE 0 0 37350 IBM COM 459200101 954 6562 SH SOLE 0 0 6562 Illinois Tool Works COM 452308109 761 4864 SH SOLE 0 0 4864 Intel Corp. COM 458140100 567 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 561 33096 SH SOLE 0 0 33096 J.P. Morgan Chase COM 46625h100 17004 144484 SH SOLE 0 0 144484 Johnson & Johnson COM 478160104 28424 219693 SH SOLE 0 0 219693 KKR & Co. Inc. COM 48251W104 2857 106400 SH SOLE 0 0 106400 Kimberly Clark COM 494368103 2614 18400 SH SOLE 0 0 18400 Kuehne&Nagel Intl AG COM 100992916 3214 21805 SH SOLE 0 0 21805 Liberty Sirius Group C COM 531229607 292 6948 SH SOLE 0 0 6948 Linde PLC COM G5494J103 446 2300 SH SOLE 0 0 2300 M&T Bank Corp COM 55261F104 2711 17162 SH SOLE 0 0 17162 McDonald's Corp. COM 580135101 367 1710 SH SOLE 0 0 1710 Medtronic COM G5960L103 17697 162929 SH SOLE 0 0 162929 Merck COM 58933y105 6510 77329 SH SOLE 0 0 77329 MetLife COM 59156R108 487 10330 SH SOLE 0 0 10330 Microsoft COM 594918104 21157 152178 SH SOLE 0 0 152178 Mondelez International Inc. COM 609207105 564 10200 SH SOLE 0 0 10200 NRG Energy COM 629377508 16726 422369 SH SOLE 0 0 422369 Nestle Spons ADR COM 641069406 21890 201938 SH SOLE 0 0 201938 Noble Energy COM 655044105 1071 47694 SH SOLE 0 0 47694 Norfolk Southern COM 655844108 4751 26445 SH SOLE 0 0 26445 Northrup Grumman COM 666807102 375 1000 SH SOLE 0 0 1000 Northway Financial COM 667270201 284 8952 SH SOLE 0 0 8952 Novartis COM 66987V109 5730 65943 SH SOLE 0 0 65943 Oracle COM 68389X105 369 6700 SH SOLE 0 0 6700 Pepsico COM 713448108 9249 67462 SH SOLE 0 0 67462 Pfizer COM 717081103 5344 148730 SH SOLE 0 0 148730 Phillips 66 COM 718546104 1857 18138 SH SOLE 0 0 18138 Procter & Gamble COM 742718109 8667 69682 SH SOLE 0 0 69682 Pulte Homes Inc. COM 745867101 3802 104025 SH SOLE 0 0 104025 Roche Holding AG COM 771195104 4152 113910 SH SOLE 0 0 113910 Royal Dutch Shell COM 780259206 1357 23052 SH SOLE 0 0 23052 S&P Global Inc. COM 78409V104 392 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 469 5200 SH SOLE 0 0 5200 SPDR S&P 500 ETF COM 78462f103 4276 14410 SH SOLE 0 0 14410 SPDR S&P Midcap 400 EFT COM 78467y107 250 710 SH SOLE 0 0 710 SVB Financial Group COM 78486Q101 1795 8590 SH SOLE 0 0 8590 Sherwin Williams Co. COM 824348106 2051 3730 SH SOLE 0 0 3730 Southwest Airlines COM 844741108 2004 37106 SH SOLE 0 0 37106 State Street Corp COM 857477103 394 6664 SH SOLE 0 0 6664 Stryker Corp COM 863667101 2998 13862 SH SOLE 0 0 13862 Sysco COM 871829107 3126 39369 SH SOLE 0 0 39369 T. Rowe Price Group COM 74144T108 206 1800 SH SOLE 0 0 1800 Thermo Fisher Scientific COM 883556102 7767 26667 SH SOLE 0 0 26667 Thomson Reuters Corp. COM 884903709 266 3974 SH SOLE 0 0 3974 Tiffany & Co. COM 886547108 784 8469 SH SOLE 0 0 8469 UBS Group AG COM H42097107 575 50850 SH SOLE 0 0 50850 Unilever NV NY COM 904784709 5258 87585 SH SOLE 0 0 87585 Union Pacific COM 907818108 6916 42696 SH SOLE 0 0 42696 United Technologies COM 913017109 513 3760 SH SOLE 0 0 3760 UnitedHealth Group COM 91324P102 652 3000 SH SOLE 0 0 3000 Visa COM 92826c839 20119 116965 SH SOLE 0 0 116965 Vistra Energy Corp COM 92840m102 13952 521970 SH SOLE 0 0 521970 W. W. Grainger COM 384802104 307 1034 SH SOLE 0 0 1034 WPP Plc ADR COM 92937A102 257 4100 SH SOLE 0 0 4100 Walt Disney COM 254687106 10336 79309 SH SOLE 0 0 79309 Wells Fargo COM 949746101 794 15739 SH SOLE 0 0 15739 Weyerhaeuser Co. COM 962166104 1713 61834 SH SOLE 0 0 61834 William Lyon Home COM 552074700 812 39890 SH SOLE 0 0 39890 WisdomTree Germany Hedged Equi COM 97717w448 456 15350 SH SOLE 0 0 15350 iShares Russell 1000 Growth ET COM 464287614 385 2412 SH SOLE 0 0 2412 iShares Russell 2000 Value ETF COM 464287630 248 2080 SH SOLE 0 0 2080 iShares Russell 3000 ETF COM 464287689 243 1397 SH SOLE 0 0 1397 iShares S&P 500 Growth Index F COM 464287309 249 1383 SH SOLE 0 0 1383 iShares US Technology COM 464287721 694 3400 SH SOLE 0 0 3400