Chief Compliance Officer

0001058800-20-000008.txt : 20201102 0001058800-20-000008.hdr.sgml : 20201102 20201102150949 ACCESSION NUMBER: 0001058800-20-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201102 DATE AS OF CHANGE: 20201102 EFFECTIVENESS DATE: 20201102 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: 201280165 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 09-30-2020 09-30-2020 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 11-02-2020 0 160 849474 false INFORMATION TABLE 2 inftable.XML AT&T COM 00206r102 2792 97921 SH SOLE 0 0 97921 AllianceBernstein Holdings, LP COM 01881g106 538 19890 SH SOLE 0 0 19890 Ameren Corp COM 023608102 13119 165897 SH SOLE 0 0 165897 Brookfield Renewable Partners COM G16258108 226 4300 SH SOLE 0 0 4300 CatchMark Timber Trust COM 14912y202 156 17500 SH SOLE 0 0 17500 Energy Transfer LP COM 29273V100 17373 3205413 SH SOLE 0 0 3166095 Energy Transfer LP COM 29273V100 332 61290 SH SOLE 0 0 61290 Enterprise Prod Partners COM 293792107 33716 2135304 SH SOLE 0 0 2135304 Enterprise Prod Partners COM 293792107 829 52510 SH SOLE 0 0 52510 Enviva Partners LP COM 29414j107 4402 109350 SH SOLE 0 0 109350 Healthpeak Properties COM 42250P103 4986 183630 SH SOLE 0 0 183630 Iberdrola SA ADR COM 450737101 1335 26975 SH SOLE 0 0 26975 Kennedy-Wilson Holdings Inc. COM 489398107 4515 310926 SH SOLE 0 0 310926 Kinder Morgan Inc. COM 49456b101 2312 187514 SH SOLE 0 0 187514 Kinder Morgan Inc. COM 49456b101 1 95 SH SOLE 0 0 95 Magellan Midstream Partners, L COM 559080106 21655 633185 SH SOLE 0 0 633185 National Grid COM 636274409 5153 89160 SH SOLE 0 0 89160 NextEra Energy Partners COM 65341b106 88350 1473484 SH SOLE 0 0 1473484 NextEra Energy Partners COM 65341b106 7769 129576 SH SOLE 0 0 129576 NextEra Energy, Inc. COM 65339F101 28722 103480 SH SOLE 0 0 103480 Plains All American Pipeline L COM 726503105 66 11050 SH SOLE 0 0 11050 ProLogis Tr SBI COM 74340W103 1250 12425 SH SOLE 0 0 12425 Teekay LNG Partners COM y8564m105 22616 2153944 SH SOLE 0 0 2153944 Teekay LNG Partners COM y8564m105 424 40392 SH SOLE 0 0 40392 Verizon Comm COM 92343V104 5609 94292 SH SOLE 0 0 94292 Weyerhaeuser COM 962166104 8974 314659 SH SOLE 0 0 314659 Williams Companies Inc COM 969457100 491 25007 SH SOLE 0 0 25007 Williams Companies Inc COM 969457100 21 1094 SH SOLE 0 0 1094 XCEL Energy Inc. COM 98389B100 12635 183095 SH SOLE 0 0 183095 3M Company COM 88579y101 2103 13127 SH SOLE 0 0 13127 Abbott Laboratories COM 002824100 15731 144550 SH SOLE 0 0 144550 Abbott Laboratories COM 002824100 2 21 SH SOLE 0 0 21 Air Products COM 009158106 428 1436 SH SOLE 0 0 1436 Alibaba Group Holdings Ltd COM 01609w102 1893 6440 SH SOLE 0 0 6440 Alphabet, Inc. Cl A COM 02079k305 10826 7387 SH SOLE 0 0 7387 Alphabet, Inc. Cl A COM 02079k305 1277 871 SH SOLE 0 0 871 Alphabet, Inc. Cl C COM 02079k107 1919 1306 SH SOLE 0 0 1306 Amazon.com Inc. COM 023135106 21739 6904 SH SOLE 0 0 6904 American Express COM 025816109 775 7733 SH SOLE 0 0 7733 American Intl. Group COM 026874784 329 11948 SH SOLE 0 0 11948 Anheuser-Busch InBev SA/NV COM 03524A108 3560 77020 SH SOLE 0 0 77020 Anheuser-Busch Inbev ADR COM 03524A108 275 5100 SH SOLE 0 0 5100 Apple Computer COM 037833100 21008 181397 SH SOLE 0 0 181397 Automatic Data Processing COM 053015103 2928 20992 SH SOLE 0 0 20992 Bank of America COM 060505104 10578 439090 SH SOLE 0 0 439090 Becton Dickinson COM 075887109 5895 25335 SH SOLE 0 0 2535 Becton Dickinson COM 075887109 206 887 SH SOLE 0 0 887 Berkshire Hathaway A COM 084670108 960 3 SH SOLE 0 0 3 Berkshire Hathaway B COM 084670702 4362 20484 SH SOLE 0 0 20484 Blackstone Group Inc. COM 09260D107 3084 59075 SH SOLE 0 0 59075 Boeing Company COM 097023105 296 1789 SH SOLE 0 0 1789 Bristol Myers Squibb COM 110122108 6235 103424 SH SOLE 0 0 103424 Brookfield Infrastructure Clas COM 11275Q107 790 14271 SH SOLE 0 0 14271 Brookfield Infrastructure Part COM G16252101 6055 127145 SH SOLE 0 0 127145 CVS Health Corp COM 126650100 2929 50153 SH SOLE 0 0 50153 Cadence Design COM 127387108 984 9224 SH SOLE 0 0 9224 Caterpillar COM 149123101 296 1983 SH SOLE 0 0 1983 Centene Corp COM 15135B101 206 3524 SH SOLE 0 0 3524 Century Communities, Inc. COM 156504300 3772 89099 SH SOLE 0 0 89099 Charles Schwab COM 808513105 208 5740 SH SOLE 0 0 5740 Charter Communications, Inc. COM 16119P108 8785 14071 SH SOLE 0 0 14071 Chevron COM 166764100 893 12400 SH SOLE 0 0 12400 Chubb Ltd. COM H1467J104 458 3946 SH SOLE 0 0 3946 Cisco Systems COM 17275R102 2200 55859 SH SOLE 0 0 55859 Citigroup COM 172967424 2508 58188 SH SOLE 0 0 58188 Citigroup COM 172967424 104 2406 SH SOLE 0 0 2406 Coca Cola Co. COM 191216100 10578 214255 SH SOLE 0 0 214255 Colgate Palmolive COM 194162103 1063 13780 SH SOLE 0 0 13780 Comcast Cl A COM 20030N101 441 9524 SH SOLE 0 0 9524 Corning COM 219350105 250 7700 SH SOLE 0 0 7700 Costco Wholesale COM 22160K105 4066 11453 SH SOLE 0 0 11453 Crown Castle Intl. COM 22822V101 643 3860 SH SOLE 0 0 3860 D. R. Horton COM 23331A109 12108 160093 SH SOLE 0 0 160093 D. R. Horton COM 23331A109 105 1389 SH SOLE 0 0 1389 Deere & Co. COM 244199105 716 3231 SH SOLE 0 0 3231 Dentsply Sirona COM 24906P109 1898 43400 SH SOLE 0 0 43400 Discovery Inc. A COM 25470f104 204 9381 SH SOLE 0 0 9381 Discovery Inc. C COM 25470f302 1409 71906 SH SOLE 0 0 71906 Eli Lilly COM 532457108 631 4260 SH SOLE 0 0 4260 Emerson Electric Co. COM 291011104 835 12738 SH SOLE 0 0 12738 Estee Lauder COM 518439104 1247 5715 SH SOLE 0 0 5715 Exxon Mobil COM 30231G102 441 12855 SH SOLE 0 0 12855 Facebook COM 30303M102 14825 56604 SH SOLE 0 0 56604 Facebook COM 30303M102 867 3310 SH SOLE 0 0 3310 Fedex COM 31428x106 2649 10533 SH SOLE 0 0 10533 Fomento Economico Mexicano SA COM 344419106 1003 17855 SH SOLE 0 0 17855 General Electric COM 369604103 239 38414 SH SOLE 0 0 38414 Genuine Parts COM 372460105 652 6852 SH SOLE 0 0 6852 Howard Hughes Corporation COM 44267D107 23510 408158 SH SOLE 0 0 408158 IBM COM 459200101 735 6044 SH SOLE 0 0 6044 Illinois Tool Works COM 452308109 452 2339 SH SOLE 0 0 2339 Intel Corp. COM 458140100 570 11004 SH SOLE 0 0 11004 Invesco COM G491BT108 128 11196 SH SOLE 0 0 11196 J.P. Morgan Chase COM 46625h100 18574 192932 SH SOLE 0 0 192932 J.P. Morgan Chase COM 46625h100 6 64 SH SOLE 0 0 64 Johnson & Johnson COM 478160104 28543 191716 SH SOLE 0 0 191716 KKR & Co. Inc. COM 48251W104 2854 83100 SH SOLE 0 0 83100 Kimberly Clark COM 494368103 2341 15855 SH SOLE 0 0 15855 Lennar Corporation Cl A COM 526057104 8449 103436 SH SOLE 0 0 103436 Liberty Broadband C COM 530307305 247 1731 SH SOLE 0 0 1731 Liberty SiriusXM Series C COM 531229607 261 7898 SH SOLE 0 0 7898 Linde PLC COM G5494J103 536 2250 SH SOLE 0 0 2250 McDonald's Corp. COM 580135101 375 1710 SH SOLE 0 0 1710 Medtronic COM G5960L103 13749 132306 SH SOLE 0 0 132306 Merck COM 58933y105 6102 73564 SH SOLE 0 0 73564 MetLife COM 59156R108 335 9000 SH SOLE 0 0 9000 Microsoft COM 594918104 17220 81870 SH SOLE 0 0 81870 Microsoft COM 594918104 3 15 SH SOLE 0 0 15 Mondelez International Inc. COM 609207105 23627 411267 SH SOLE 0 0 411267 NRG Energy COM 629377508 21305 693065 SH SOLE 0 0 693065 National Fuel Gas Co. COM 636180101 7026 173091 SH SOLE 0 0 173091 Nestle Spons ADR COM 641069406 23241 194884 SH SOLE 0 0 194884 Noble Energy COM 655044105 90 10500 SH SOLE 0 0 10500 Northrup Grumman COM 666807102 315 1000 SH SOLE 0 0 1000 Novartis COM 66987V109 5368 61732 SH SOLE 0 0 61732 Oracle COM 68389X105 400 6700 SH SOLE 0 0 6700 PNC Bank Corp. COM 693475105 7106 64651 SH SOLE 0 0 64651 Pepsico COM 713448108 4602 33205 SH SOLE 0 0 33205 Pfizer COM 717081103 5086 138575 SH SOLE 0 0 138575 Procter & Gamble COM 742718109 8482 61027 SH SOLE 0 0 61027 Pulte Homes Inc. COM 745867101 5483 118446 SH SOLE 0 0 118446 Pulte Homes Inc. COM 745867101 87 1888 SH SOLE 0 0 1888 Qualcomm COM 747525103 9943 84495 SH SOLE 0 0 84495 Raytheon Technologies COM 75513E101 216 3760 SH SOLE 0 0 3760 Roche Holding AG COM 771195104 4812 112410 SH SOLE 0 0 112410 S&P Global Inc. COM 78409V104 577 1600 SH SOLE 0 0 1600 SPDR Index Shs S&P China COM 78463X400 250 2100 SH SOLE 0 0 2100 SPDR S&P 500 ETF COM 78462F103 4675 13960 SH SOLE 0 0 13960 SPDR S&P Midcap 400 EFT COM 78467y107 241 710 SH SOLE 0 0 710 SVB Financial Group COM 78486Q101 2247 9340 SH SOLE 0 0 9340 Sherwin Williams Co. COM 824348106 2543 3650 SH SOLE 0 0 3650 Siemens AG ADR COM 826197501 672 9650 SH SOLE 0 0 9650 State Street Corp COM 857477103 375 6314 SH SOLE 0 0 6314 Stryker Corp COM 863667101 5911 28368 SH SOLE 0 0 28368 Sysco COM 871829107 2292 36834 SH SOLE 0 0 36834 T-Mobile US, Inc. COM 872590104 8062 70496 SH SOLE 0 0 70496 T-Mobile US, Inc. COM 872590104 93 810 SH SOLE 0 0 810 Tencent Holdings Ltd. ADR COM 88032Q109 448 6620 SH SOLE 0 0 6620 Tesla, Inc. COM 88160r101 371 865 SH SOLE 0 0 865 Thermo Fisher Scientific COM 883556102 7907 17909 SH SOLE 0 0 17909 Thomson Reuters Corp. COM 884903709 287 3604 SH SOLE 0 0 3604 Truist Financial Corporation COM 89832q109 4840 127207 SH SOLE 0 0 127207 UBS Group AG COM H42097107 294 26400 SH SOLE 0 0 26400 Unilever NV NY COM 904784709 5124 84830 SH SOLE 0 0 84830 Union Pacific COM 907818108 2689 13660 SH SOLE 0 0 13660 UnitedHealth Group COM 91324P102 14505 46525 SH SOLE 0 0 46525 Veolia Environnement ADR COM 92334N103 1413 65150 SH SOLE 0 0 65150 Visa COM 92826c839 7562 37815 SH SOLE 0 0 37815 Visa COM 92826c839 1 6 SH SOLE 0 0 6 Vistra Energy Corp COM 92840m102 23136 1226703 SH SOLE 0 0 1226703 W. W. Grainger COM 384802104 369 1034 SH SOLE 0 0 1034 Wal-Mart Stores COM 931142103 203 1453 SH SOLE 0 0 1453 Walt Disney COM 254687106 3939 31745 SH SOLE 0 0 31745 Wells Fargo COM 949746101 292 12439 SH SOLE 0 0 12439 WisdomTree Germany Hedged Equi COM 97717w448 301 10500 SH SOLE 0 0 10500 iShares Russell 1000 Growth ET COM 464287614 404 1862 SH SOLE 0 0 1862 iShares Russell 2000 Value ETF COM 464287630 207 2080 SH SOLE 0 0 2080 iShares Russell 3000 ETF COM 464287689 273 1397 SH SOLE 0 0 1397 iShares S&P 500 Growth Index F COM 464287309 217 940 SH SOLE 0 0 940 iShares US Technology COM 464287721 738 2450 SH SOLE 0 0 2450