Chief Compliance Officer

0001058800-20-000001.txt : 20200206 0001058800-20-000001.hdr.sgml : 20200206 20200206144007 ACCESSION NUMBER: 0001058800-20-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200206 DATE AS OF CHANGE: 20200206 EFFECTIVENESS DATE: 20200206 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: 20582336 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 12-31-2019 12-31-2019 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 ext 3 Cheri BonVardo West Conshohocken PA 02-06-2020 0 143 908083 false INFORMATION TABLE 2 inftable.XML AT&T COM 00206r102 8626 220733 SH SOLE 0 0 220733 AllianceBernstein Holdings, LP COM 01881g106 611 20190 SH SOLE 0 0 20190 CatchMark Timber Trust COM 14912y202 138 12000 SH SOLE 0 0 12000 Enbridge Inc. COM 29250n105 3866 97206 SH SOLE 0 0 97206 Energy Transfer LP COM 29273V100 42887 3342681 SH SOLE 0 0 3342681 Enterprise Prod Partners COM 293792107 59614 2116979 SH SOLE 0 0 2116979 Enterprise Prod Partners COM 293792107 10 340 SH SOLE 0 0 340 Fortress Transportation Infr I COM 34960p101 662 33880 SH SOLE 0 0 33880 Healthpeak Properties COM 42250P103 6971 202230 SH SOLE 0 0 202230 Kinder Morgan Inc. COM 49456b101 5301 250399 SH SOLE 0 0 250399 Liberty Property Tr COM 531172104 2798 46591 SH SOLE 0 0 46591 Magellan Midstream Partners, L COM 559080106 37961 603794 SH SOLE 0 0 603794 NextEra Energy Partners COM 65341b106 65042 1235375 SH SOLE 0 0 1235375 NextEra Energy, Inc. COM 65339F101 33696 139146 SH SOLE 0 0 139146 Pattern Energy Group, Inc. COM 70338p100 31800 1188573 SH SOLE 0 0 1188573 Pembina Pipeline Corp. COM 706327103 659 17780 SH SOLE 0 0 17780 Plains All American Pipeline L COM 726503105 1987 108075 SH SOLE 0 0 108075 Teekay LNG Partners COM y8564m105 20206 1298578 SH SOLE 0 0 1298578 Verizon Comm COM 92343V104 5863 95492 SH SOLE 0 0 95492 Williams Companies Inc COM 969457100 783 33025 SH SOLE 0 0 33025 Williams Companies Inc COM 969457100 38 1590 SH SOLE 0 0 1590 3M Company COM 88579y101 2408 13647 SH SOLE 0 0 13647 ABB Ltd. COM 000375204 3472 144140 SH SOLE 0 0 144140 Abbott Laboratories COM 002824100 18125 208667 SH SOLE 0 0 208667 Advance Auto Parts COM 00751Y106 1225 7648 SH SOLE 0 0 7648 AerCap Holdings N.V. COM N00985106 575 9350 SH SOLE 0 0 9350 Air Lease COM 00912x302 4736 99657 SH SOLE 0 0 99657 Air Products COM 009158106 379 1611 SH SOLE 0 0 1611 Alphabet, Inc. Cl A COM 02079k305 25286 18879 SH SOLE 0 0 18879 Alphabet, Inc. Cl A COM 02079k305 67 50 SH SOLE 0 0 50 Alphabet, Inc. Cl C COM 02079k107 1417 1060 SH SOLE 0 0 1060 Amazon.com Inc. COM 023135106 17601 9525 SH SOLE 0 0 9525 American Express COM 025816109 963 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 757 14748 SH SOLE 0 0 14748 Anheuser-Busch InBev SA/NV COM 03524A108 6419 78245 SH SOLE 0 0 78245 Anheuser-Busch Inbev ADR COM 03524A108 476 5800 SH SOLE 0 0 5800 Apple Computer COM 037833100 32673 111265 SH SOLE 0 0 111265 Automatic Data Processing COM 053015103 3625 21262 SH SOLE 0 0 21262 Bank of America COM 060505104 10238 290691 SH SOLE 0 0 290691 Becton Dickinson COM 075887109 10310 37907 SH SOLE 0 0 37907 Blackstone Group Inc. COM 09260D107 3517 62875 SH SOLE 0 0 62875 Boeing Company COM 097023105 583 1789 SH SOLE 0 0 1789 Brkshire Hathaway A COM 084670108 1019 3 SH SOLE 0 0 3 Brkshire Hathaway B COM 084670702 18506 81702 SH SOLE 0 0 81702 Brookfield Infrastructure Part COM G16252101 6579 131600 SH SOLE 0 0 131600 CVS Health Corp COM 126650100 3780 50877 SH SOLE 0 0 50877 Cadence Design COM 127387108 640 9224 SH SOLE 0 0 9224 Caterpillar COM 149123101 318 2150 SH SOLE 0 0 2150 Centene Corp COM 15135B101 222 3524 SH SOLE 0 0 3524 Century Communities, Inc. COM 156504300 916 33510 SH SOLE 0 0 33510 Charles Schwab COM 808513105 273 5740 SH SOLE 0 0 5740 Charter Communications, Inc. COM 16119P108 8667 17867 SH SOLE 0 0 17867 Chevron COM 166764100 2831 23491 SH SOLE 0 0 23491 Chubb Ltd. COM H1467J104 614 3946 SH SOLE 0 0 3946 Cisco Systems COM 17275R102 3534 73684 SH SOLE 0 0 73684 Citigroup COM 172967424 16180 202532 SH SOLE 0 0 202532 Coca Cola Co. COM 191216100 8704 157259 SH SOLE 0 0 157259 Colgate Palmolive COM 194162103 1307 18990 SH SOLE 0 0 18990 Comcast Cl A COM 20030N101 428 9524 SH SOLE 0 0 9524 ConocoPhillips COM 20825C104 2323 35729 SH SOLE 0 0 35729 Corning COM 219350105 253 8700 SH SOLE 0 0 8700 Costco Wholesale COM 22160K105 5431 18478 SH SOLE 0 0 18478 Curtiss-Wright COM 231561101 9007 63932 SH SOLE 0 0 63932 D. R. Horton COM 23331A109 4232 80226 SH SOLE 0 0 80226 Deere & Co. COM 244199105 583 3366 SH SOLE 0 0 3366 Delta Airlines COM 247361702 4382 74937 SH SOLE 0 0 74937 Dentsply Sirona COM 24906P109 2545 44970 SH SOLE 0 0 44970 Discovery Inc. A COM 25470f104 313 9566 SH SOLE 0 0 9566 Discovery Inc. C COM 25470f302 982 32206 SH SOLE 0 0 32206 Eli Lilly COM 532457108 639 4860 SH SOLE 0 0 4860 Emerson Electric Co. COM 291011104 987 12938 SH SOLE 0 0 12938 Estee Lauder COM 518439104 1415 6850 SH SOLE 0 0 6850 Exxon Mobil COM 30231G102 2153 30850 SH SOLE 0 0 30850 Facebook COM 30303M102 28141 137105 SH SOLE 0 0 137105 Fedex COM 31428x106 2024 13383 SH SOLE 0 0 13383 Fomento Economico Mexicano SA COM 344419106 1716 18160 SH SOLE 0 0 18160 General Electric COM 369604103 436 39104 SH SOLE 0 0 39104 Genuine Parts COM 372460105 985 9277 SH SOLE 0 0 9277 IBM COM 459200101 847 6319 SH SOLE 0 0 6319 Illinois Tool Works COM 452308109 769 4279 SH SOLE 0 0 4279 Intel Corp. COM 458140100 659 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 369 20546 SH SOLE 0 0 20546 J.B.Hunt Transportation Servic COM 445658107 3402 29130 SH SOLE 0 0 29130 J.P. Morgan Chase COM 46625h100 22463 161141 SH SOLE 0 0 161141 Johnson & Johnson COM 478160104 31233 214113 SH SOLE 0 0 214113 KKR & Co. Inc. COM 48251W104 2555 87600 SH SOLE 0 0 87600 Kimberly Clark COM 494368103 2429 17660 SH SOLE 0 0 17660 Kuehne&Nagel Intl AG COM 100992916 3675 21805 SH SOLE 0 0 21805 Liberty Broadband C COM 530307305 218 1734 SH SOLE 0 0 1734 Liberty Sirius Group C COM 531229607 334 6948 SH SOLE 0 0 6948 Linde PLC COM G5494J103 479 2250 SH SOLE 0 0 2250 McDonald's Corp. COM 580135101 338 1710 SH SOLE 0 0 1710 Medtronic COM G5960L103 16816 148224 SH SOLE 0 0 148224 Merck COM 58933y105 6923 76119 SH SOLE 0 0 76119 MetLife COM 59156R108 7571 148542 SH SOLE 0 0 148542 Microsoft COM 594918104 22776 144428 SH SOLE 0 0 144428 Mondelez International Inc. COM 609207105 562 10200 SH SOLE 0 0 10200 NRG Energy COM 629377508 15308 385107 SH SOLE 0 0 385107 Nestle Spons ADR COM 641069406 21464 198368 SH SOLE 0 0 198368 Noble Energy COM 655044105 1147 46159 SH SOLE 0 0 46159 Northrup Grumman COM 666807102 344 1000 SH SOLE 0 0 1000 Northway Financial COM 667270201 300 8877 SH SOLE 0 0 8877 Novartis COM 66987V109 6055 63945 SH SOLE 0 0 63945 Oracle COM 68389X105 355 6700 SH SOLE 0 0 6700 Pepsico COM 713448108 4632 33891 SH SOLE 0 0 33891 Pfizer COM 717081103 5641 143965 SH SOLE 0 0 143965 Phillips 66 COM 718546104 1952 17518 SH SOLE 0 0 17518 Procter & Gamble COM 742718109 8298 66437 SH SOLE 0 0 66437 Pulte Homes Inc. COM 745867101 4110 105929 SH SOLE 0 0 105929 Roche Holding AG COM 771195104 4577 112910 SH SOLE 0 0 112910 Royal Dutch Shell COM 780259206 1340 22712 SH SOLE 0 0 22712 S&P Global Inc. COM 78409V104 437 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 524 5100 SH SOLE 0 0 5100 SPDR S&P 500 ETF COM 78462f103 4525 14060 SH SOLE 0 0 14060 SPDR S&P Midcap 400 EFT COM 78467y107 267 710 SH SOLE 0 0 710 SVB Financial Group COM 78486Q101 2156 8590 SH SOLE 0 0 8590 Sherwin Williams Co. COM 824348106 2177 3730 SH SOLE 0 0 3730 Southwest Airlines COM 844741108 1178 21819 SH SOLE 0 0 21819 State Street Corp COM 857477103 527 6664 SH SOLE 0 0 6664 Stryker Corp COM 863667101 2910 13862 SH SOLE 0 0 13862 Sysco COM 871829107 3222 37664 SH SOLE 0 0 37664 T-Mobile US, Inc. COM 872590104 7148 91148 SH SOLE 0 0 91148 Thermo Fisher Scientific COM 883556102 7723 23774 SH SOLE 0 0 23774 Thomson Reuters Corp. COM 884903709 269 3754 SH SOLE 0 0 3754 Tiffany & Co. COM 886547108 604 4519 SH SOLE 0 0 4519 UBS Group AG COM H42097107 430 34200 SH SOLE 0 0 34200 Unilever NV NY COM 904784709 4945 86060 SH SOLE 0 0 86060 Union Pacific COM 907818108 2496 13806 SH SOLE 0 0 13806 United Technologies COM 913017109 563 3760 SH SOLE 0 0 3760 UnitedHealth Group COM 91324P102 882 3000 SH SOLE 0 0 3000 Visa COM 92826c839 17017 90564 SH SOLE 0 0 90564 Vistra Energy Corp COM 92840m102 12192 530327 SH SOLE 0 0 530327 W. W. Grainger COM 384802104 350 1034 SH SOLE 0 0 1034 Walt Disney COM 254687106 9998 69126 SH SOLE 0 0 69126 Wells Fargo COM 949746101 847 15739 SH SOLE 0 0 15739 Weyerhaeuser Co. COM 962166104 1867 61834 SH SOLE 0 0 61834 William Lyon Home COM 552074700 200 10000 SH SOLE 0 0 10000 WisdomTree Germany Hedged Equi COM 97717w448 406 12700 SH SOLE 0 0 12700 iShares Russell 1000 Growth ET COM 464287614 424 2412 SH SOLE 0 0 2412 iShares Russell 2000 Value ETF COM 464287630 267 2080 SH SOLE 0 0 2080 iShares Russell 3000 ETF COM 464287689 263 1397 SH SOLE 0 0 1397 iShares S&P 500 Growth Index F COM 464287309 268 1383 SH SOLE 0 0 1383 iShares US Technology COM 464287721 628 2700 SH SOLE 0 0 2700