-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EpkZ1pevlOUFE5EI6fe8fNMyXJuJOasXBTx5zvljrTC6EARLNSmhLOIRLd6jVdxG 6Uds750lf/8FRt48VsY6ZQ== <SEC-DOCUMENT>0001058800-04-000002.txt : 20040419 <SEC-HEADER>0001058800-04-000002.hdr.sgml : 20040419 <ACCEPTANCE-DATETIME>20040419132043 ACCESSION NUMBER: 0001058800-04-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040331 FILED AS OF DATE: 20040419 EFFECTIVENESS DATE: 20040419 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: 04739964 BUSINESS ADDRESS: STREET 1: 3 RADNOR CORPORATE CENTER STREET 2: SUITE 410 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6102251100 MAIL ADDRESS: STREET 1: 3 RANDNOR CORP CTR STE 410 CITY: RADNOR STATE: PA ZIP: 19087 </SEC-HEADER> <DOCUMENT> <TYPE>13F-HR <SEQUENCE>1 <FILENAME>mar13ftable.txt <DESCRIPTION>1Q04 13 F <TEXT> <TABLE> FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- <S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> JPMorgan Chase 46625H209 1034 10400 SH SOLE 10400 Baxter Intl. 071813406 481 8900 SH SOLE 8900 Intl. Paper Cap. Trust 460137300 564 11300 SH SOLE 11300 Northrup Grumman 666807409 346 3350 SH SOLE 3350 3M Company COM 88579y101 1511 18456 SH SOLE 18456 Abbott Labs COM 002824100 732 17800 SH SOLE 17800 Ace Ltd. COM G0070K103 4892 114671 SH SOLE 114671 Air Products COM 009158106 301 6000 SH SOLE 6000 Alcoa COM 013817101 1225 35300 SH SOLE 35300 Ambac Finl Group COM 023139108 15810 214292 SH SOLE 214292 Amdocs International COM G02602103 2791 100420 SH SOLE 100420 American Express COM 025816109 560 10800 SH SOLE 10800 American Intl. Group COM 026874107 6581 92230 SH SOLE 92230 Amsouth Bancorp COM 032165102 535 22750 SH SOLE 22750 Anadarko Pete COM 032511107 561 10822 SH SOLE 10822 Anheuser Busch COM 035229103 589 11550 SH SOLE 11550 Anthem Inc. COM 03674B104 6822 75261 SH SOLE 75261 Applied Biosystems COM 038020103 554 28000 SH SOLE 28000 Automatic Data Processing COM 053015103 986 23472 SH SOLE 23472 Avon Products Inc. COM 054303102 11597 152849 SH SOLE 152849 BP Amoco ADR COM 055622104 1798 35117 SH SOLE 35117 Bank New York Inc COM 064057102 334 10600 SH SOLE 10600 Bank of America COM 060505104 7798 96295 SH SOLE 96295 Beckman Coulter COM 075811109 2111 38700 SH SOLE 38700 Becton Dickinson COM 075887109 840 17325 SH SOLE 17325 BellSouth COM 079860102 434 15668 SH SOLE 15668 Bristol Myers Squibb COM 110122108 1300 53670 SH SOLE 53670 Brkshire Hathaway B COM 084670207 13928 4477 SH SOLE 4477 Burlington Northern Santa Fe C COM 12189T104 212 6730 SH SOLE 6730 Burlington Resources COM 122014103 3277 51505 SH SOLE 51505 Cadence Design COM 127387108 317 21474 SH SOLE 21474 Charles Schwab COM 808513105 280 24158 SH SOLE 24158 Charter One Financial COM 160903100 6779 191701 SH SOLE 191701 ChevronTexaco COM 166764100 2013 22930 SH SOLE 22930 Chubb COM 171232101 608 8740 SH SOLE 8740 Cinergy Corp Ohio COM 172474108 949 23200 SH SOLE 23200 Cisco Systems COM 17275R102 2647 112324 SH SOLE 112324 Citigroup COM 172967101 10535 203772 SH SOLE 203772 Colgate Palmolive COM 194162103 5977 108477 SH SOLE 108477 Comcast Cl A COM 200300101 454 15777 SH SOLE 15777 Comcast Spl A COM 20030N200 5567 199890 SH SOLE 199890 Comm First Bankshares COM 203902101 221 6872 SH SOLE 6872 Companhia de Bebidas (AmBev) COM 20441W203 3830 191510 SH SOLE 191510 ConocoPhillips COM 20825C104 3004 43024 SH SOLE 43024 Corning COM 219350105 140 12520 SH SOLE 12520 Costco Wholesale COM 22160K105 1128 30000 SH SOLE 30000 Cox Communications COM 224044107 1868 59100 SH SOLE 59100 DST Systems COM 233326107 453 10000 SH SOLE 10000 Dell Computer COM 24702r101 266 7900 SH SOLE 7900 Devon Energy COM 25179M103 2448 42100 SH SOLE 42100 DirectTV Group, Inc. COM 444418107 4179 271734 SH SOLE 271734 Dominion Resources COM 25746u109 399 6200 SH SOLE 6200 Dover Corp. COM 260003108 349 9000 SH SOLE 9000 Dow Chemical COM 260543103 257 6378 SH SOLE 6378 E-bay COM 278642103 4778 68960 SH SOLE 68960 EMC Corp Mass COM 268648102 205 15050 SH SOLE 15050 EchoStar COM 278762109 3272 99895 SH SOLE 99895 Eli Lilly COM 532457108 563 8410 SH SOLE 8410 Emerson Electric Co. COM 291011104 240 4000 SH SOLE 4000 Estee Lauder COM 518439104 612 13800 SH SOLE 13800 Exxon Mobil COM 30231G102 3030 72856 SH SOLE 72856 Fed. Natl. Mtge. COM 313586109 2886 38820 SH SOLE 38820 Fleet Boston Corp. COM 339030108 1200 26723 SH SOLE 26723 Gannett COM 364730101 1256 14250 SH SOLE 14250 General Electric COM 369604103 4620 151385 SH SOLE 151385 Genuine Parts COM 372460105 1664 50853 SH SOLE 50853 Gillette COM 375766102 915 23394 SH SOLE 23394 GlaxoSmithkline PLC COM 37733w105 784 19622 SH SOLE 19622 H. J. Heinz COM 423074103 388 10400 SH SOLE 10400 Health Mgmt Assocs COM 421933102 4626 199320 SH SOLE 199320 Henry Schein Inc. COM 806407102 6686 93780 SH SOLE 93780 Hewlett Packard COM 428236103 1012 44300 SH SOLE 44300 Home Depot COM 437076102 540 14464 SH SOLE 14464 Honeywell COM 438516106 306 9050 SH SOLE 9050 Hormel Food COM 440452100 3612 123160 SH SOLE 123160 IBM COM 459200101 2349 25580 SH SOLE 25580 Illinois Tool Works COM 452308109 1716 21660 SH SOLE 21660 Intel Corp. COM 458140100 871 32015 SH SOLE 32015 InterActiveCorp COM 45840Q101 1100 34790 SH SOLE 34790 J.P. Morgan Chase COM 46625h100 748 17823 SH SOLE 17823 Johnson & Johnson COM 478160104 4977 98125 SH SOLE 98125 Kimberly Clark COM 494368103 952 15084 SH SOLE 15084 Knight Ridder COM 499040103 707 9655 SH SOLE 9655 LaQuinta Corp. COM 50419U202 1131 150000 SH SOLE 150000 Liberty Media COM 530718105 10755 982219 SH SOLE 982219 Lincare Holdings Inc. COM 532791100 1098 34983 SH SOLE 34983 Lucent Technologies COM 549463107 85 20757 SH SOLE 20757 May Dept. Stores COM 577778103 482 13934 SH SOLE 13934 McCormick & Co. COM 579780206 296 8834 SH SOLE 8834 Medco Health Solutions COM 58405u102 260 7637 SH SOLE 7637 Medtronic Inc. COM 585055106 5073 106250 SH SOLE 106250 Merck COM 589331107 2669 60389 SH SOLE 60389 Microsoft COM 594918104 1184 47492 SH SOLE 47492 Murphy Oil COM 626717102 327 5200 SH SOLE 5200 NASDAQ Biotechnology COM 464287556 3306 42770 SH SOLE 42770 Nestle Spons ADR COM 641069406 3652 57300 SH SOLE 57300 New York Times A COM 650111107 1088 24622 SH SOLE 24622 News Corp Ltd. ADR COM 652487802 9400 296442 SH SOLE 296442 Nike Inc. COM 654106103 2665 34230 SH SOLE 34230 Noble Energy COM 654894104 1778 37750 SH SOLE 37750 Nortel Networks COM 656568102 351 59074 SH SOLE 59074 Northrup Grumman COM 666807102 772 7840 SH SOLE 7840 Northway Financial COM 667270102 714 18800 SH SOLE 18800 Occidental Petroleum COM 674599105 5040 109440 SH SOLE 109440 Odyssey COM 67612W108 724 26800 SH SOLE 26800 Outback Steakhouse Inc. COM 689899102 3759 77188 SH SOLE 77188 Pepsico COM 713448108 8236 152952 SH SOLE 152952 Pfizer COM 717081103 6428 183392 SH SOLE 183392 Praxair COM 74005P104 1611 43400 SH SOLE 43400 Procter & Gamble COM 742718109 9386 89493 SH SOLE 89493 Proquest COM 74346p102 758 26000 SH SOLE 26000 Renaissance Re Hldg. COM G7496G103 4364 83931 SH SOLE 83931 Resource America COM 761195205 9160 496502 SH SOLE 496502 Reuters Group COM 76132M102 371 8684 SH SOLE 8684 Royal Dutch Pete COM 780257804 1911 40170 SH SOLE 40170 S&P 500 Index Notes COM 4662A0CK5 570 500 SH SOLE 500 Schering Plough COM 806605101 316 19500 SH SOLE 19500 Semiconductor HOLDERs Trust COM 816636203 6277 158900 SH SOLE 158900 St. Paul Cos. COM 792860108 213 5336 SH SOLE 5336 Staples COM 855030102 556 21974 SH SOLE 21974 State Street Corp COM 857477103 444 8508 SH SOLE 8508 Stryker Corp COM 863667101 1300 14688 SH SOLE 14688 Sungard Data Sys COM 867363103 271 9900 SH SOLE 9900 Suntrust Banks Inc. COM 867914103 1241 17800 SH SOLE 17800 Sysco COM 871829107 10375 265695 SH SOLE 265695 Tellabs COM 879664100 743 85796 SH SOLE 85796 The Bancorp COM 05969f104 720 40000 SH SOLE 40000 Tiffany & Co. COM 886547108 576 15100 SH SOLE 15100 Time Warner Inc. COM 887317105 1420 84232 SH SOLE 84232 Total SA COM 89151e109 1397 15190 SH SOLE 15190 Tribune COM 896047107 770 15256 SH SOLE 15256 UBS AG /CHF/ COM H8920M855 335 4500 SH SOLE 4500 Unilever NV NY COM 904784709 1295 18642 SH SOLE 18642 Union Pacific COM 907818108 382 6382 SH SOLE 6382 UnitedHealth Group COM 91324P102 309 4800 SH SOLE 4800 Universal Health Service COM 913903100 871 18900 SH SOLE 18900 Verizon Comm COM 92343V104 505 13826 SH SOLE 13826 Viacom Class A COM 925524100 217 5500 SH SOLE 5500 Viacom Class B COM 925524308 841 21442 SH SOLE 21442 Vodafone Airtouch COM 92857w100 6452 269970 SH SOLE 269970 Wachovia Bank COM 929903102 1058 22502 SH SOLE 22502 Wal-Mart Stores COM 931142103 344 5764 SH SOLE 5764 Walgreen COM 931422109 474 14400 SH SOLE 14400 Walt Disney COM 254687106 361 14462 SH SOLE 14462 Wells Fargo COM 949746101 531 9368 SH SOLE 9368 Willis Group Holdings COM G96655108 1302 35000 SH SOLE 35000 Wyeth COM 983024100 314 8375 SH SOLE 8375 XL Capital Ltd Cl A COM G98255105 877 11530 SH SOLE 11530 Yellow Roadway COM 985577105 7090 210380 SH SOLE 210380 duPont COM 263534109 1296 30688 SH SOLE 30688 iShr MSCI EAFE COM 464287465 6175 43610 SH SOLE 43610 iShr MSCI Emerg Mkts ET COM 464287234 5018 28590 SH SOLE 28590 BRE Properties COM 05564e106 609 17750 SH SOLE 17750 Boca Resorts COM 09688T106 4806 275410 SH SOLE 275410 Boston Properties COM 101121101 1100 20250 SH SOLE 20250 CenterPoint Properties COM 151895109 3830 46425 SH SOLE 46425 Duke Realty COM 264411505 1561 44950 SH SOLE 44950 Enbridge Energy Mgmt. COM 29250x103 4341 87733 SH SOLE 87733 Enbridge Energy Partners COM 29250R106 734 14350 SH SOLE 14350 Enterprise Prod. Partns. COM 293792107 6114 260502 SH SOLE 260502 Istar Financial COM 45031U101 14089 333076 SH SOLE 333076 Kimco Realty COM 49446R109 1369 26850 SH SOLE 26850 Kinder Morgan Energy Partners COM 494550106 7425 164670 SH SOLE 164670 Kinder Morgan Mgmt COM 49455u100 4657 110091 SH SOLE 110091 Macerich COM 554382101 5168 95890 SH SOLE 95890 Magellan Midstream Partners, L COM 559080106 5426 98840 SH SOLE 98840 Penn VA Res Partners LP COM 707884102 1196 33870 SH SOLE 33870 Plains All American Pipeline COM 726503105 5326 152575 SH SOLE 152575 Prentiss Properties COM 740706106 3247 87999 SH SOLE 87999 ProLogis Tr SBI COM 743410102 1205 33600 SH SOLE 33600 Valero LP COM 91913w104 892 16300 SH SOLE 16300 Vornado Rlty Tr COM 929042109 1576 26050 SH SOLE 26050 Wash R/E Inv Trust COM 939653101 312 9600 SH SOLE 9600 BBH&CO 1818 Partners LP 6083 5000000 SH SOLE 5000000 BBH&CO Private Equity Partners 1185 1935844 SH SOLE 1935844 GRAT cash grat 589 588798 SH SOLE 588798 Health Management Assoc. (12/1 421933102 297 15863 SH SOLE 15863 Lincare Holdings (12/10/01) 532791100 337 12415 SH SOLE 12415 Renaissancere Holdings Ltd. g7496g103 215 6157 SH SOLE 6157 Resource America (10/22/01) 761195205 369 42811 SH SOLE 42811 The Bancorp (01/30/04) 05969f104 625 50000 SH SOLE 50000 Applied Micro Circuits 03822W109 182 31952 SH SOLE 31952 Ciena/Restricted 171779XX4 58 11754 SH SOLE 11754 Doubleclick 258609304 372 33060 SH SOLE 33060 E.Piphany/Rest/ 26881V100 157 21750 SH SOLE 21750 Filene's Basement 316866102 0 11758 SH SOLE 11758 Internet Sec Sys 46060X107 313 17740 SH SOLE 17740 Jupiter Media Metrix 48206U104 5 22796 SH SOLE 22796 Knight-Ridder 499040103 3002 40980 SH SOLE 40980 Northpoint Comm 666610100 0 229656 SH SOLE 229656 Red Hat 756577102 5536 240188 SH SOLE 240188 Sagent Technology 786693101 4 31586 SH SOLE 31586 StorageNetworks 86211E103 0 34804 SH SOLE 34804 StorageNetworks/Rest/ 86211E103 0 43869 SH SOLE 43869 Sycamore Net/Rest/ 871206108 49 11928 SH SOLE 11928 Sycamore Networks 871206108 439 107547 SH SOLE 107547 Visual Networks 928444108 52 15741 SH SOLE 15741 </TABLE> </TEXT> </DOCUMENT> </SEC-DOCUMENT> -----END PRIVACY-ENHANCED MESSAGE-----