Fund HoldingsPORTLAND INVESTMENT COUNSEL INC.

Total Portfolio Value
$332.10M
Total Bought
$61.36M
Total Sold
$94.89M
Net Transaction
-$33.53M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
VERIZON COMMUNICATIONS INC(VZ)0865,000+865,000035,23110.61%+35,231
MOSAIC CO NEW(MOS)0541,202+541,202013,0383.93%+13,038
DANAHER CORPORATION(DHR)59,75462,654+2,90011,84714,4354.35%+2,588
BERKSHIRE HATHAWAY INC DEL100,783104,083+3,30050,66852,41415.78%+1,747
SPDR SER TR
ST STR BLO 1 ETF
31,82129,821-2,0001,1262,7250.82%+1,599
ELEVANCE HEALTH INC(ELV)58,10058,100018,77320,3676.13%+1,594
ARES MANAGEMENT CORPORATION(ARES)90,62495,724+5,10014,49015,5934.70%+1,103
CARNIVAL CORP110,702139,602+28,9003,2004,2721.29%+1,071
TELIX PHARMACEUTICAL LTD(TLX)128,000266,200+138,2001,2252,0630.62%+838
OLEMA PHARMACEUTICALS INC(OLMA)50,00050,00004901,2500.38%+761
BROOKFIELD CORP(BN)60,219105,728+45,5094,1304,8701.47%+740
CAMECO CORP(CCJ)24,00030,000+6,0002,0142,7470.83%+733
GE VERNOVA INC(GEV)6001,500+9003699800.30%+611
ELI LILLY & CO(LLY)8651,167+3026601,2600.38%+600
META PLATFORMS INC(META)2,2502,991+7411,6521,9920.60%+340
SALESFORCE INC(CRM)2,1023,116+1,0144988290.25%+330
LANTHEUS HLDGS INC(LNTH)18,00018,00009231,1980.36%+275
BAYTEX ENERGY CORP(BTE)280,300280,30006569120.27%+256
COINBASE GLOBAL INC(COIN)1,5263,137+1,6115157270.22%+212
NUVALENT INC02,000+2,00002010.06%+201
GOLDMAN SACHS GROUP INC(GS)2,2512,25101,7931,9910.60%+198
UNITED PARCEL SERVICE INC(UPS)9,1009,10007609030.27%+143
ALPHABET INC(GOOG)8,2666,837-1,4292,0092,1460.65%+136
APPLE INC(AAPL)6,1346,13401,5621,6750.50%+113
AMAZON COM INC(AMZN)7,1207,12001,5631,6560.50%+92
CONSTELLATION ENERGY CORP(CEG)3,4003,40001,1191,2010.36%+82
IOVANCE BIOTHERAPEUTICS INC(IOVA)130,000130,00002823550.11%+73
AMGEN INC1,5001,50004234910.15%+68
ARVINAS INC14,00014,00001191660.05%+47
BLOOM ENERGY CORP18,00018,00001,5221,5640.47%+42
RELAY THERAPEUTICS INC(RLAY)10,00010,000052850.03%+32
JPMORGAN CHASE & CO(JPM)3,0003,00009469700.29%+24
ICON PLC(ICLR)3,0003,00005255470.16%+22
HEICO CORP(HEI)2,2442,24407247370.22%+12
MASTERCARD INCORPORATED(MA)1,3631,36307757870.24%+12
BICYCLE THERAPEUTICS PLC15,00015,00001161060.03%-10
PLUG POWER INC(PLUG)50,00050,0000117990.03%-18
SCHRODINGER INC(SDGR)10,00010,00002011790.05%-22
LIBERTY LATIN AMERICA LTD(LILA)71,10071,10005895260.16%-63
LIBERTY LATIN AMERICA LTD(LILA)82,70382,70306986190.19%-79
MICROSOFT CORP(MSFT)2,6372,63701,3661,2850.39%-80
BWX TECHNOLOGIES INC(BWXT)7,0007,00001,2911,2100.36%-81
BEONE MEDICINES LTD(ONC)3,0003,00001,0229110.27%-111
PERSPECTIVE THERAPEUTICS INC250,000250,00008586880.21%-170
RADNET INC(RDNT)42,00042,00003,2013,0010.90%-200
NVIDIA CORPORATION(NVDA)12,27110,330-1,9412,2901,9370.58%-352
SOUTH BOW CORP(SOBO)751,044751,044021,25220,6566.22%-595
NUSCALE PWR CORP(SMR)45,00070,000+25,0001,6209920.30%-628
CENTRUS ENERGY CORP(LEU)11,25011,25003,4882,7310.82%-757
THE CIGNA GROUP(CI)72,20072,200020,81219,8725.98%-940
BROOKFIELD ASSET MANAGMT LTD(BAM)414,100421,200+7,10023,54122,1946.68%-1,347
TORONTO DOMINION BK ONT(TD)281,700192,000-89,70022,52518,0965.45%-4,429
MAGNA INTL INC(MGA)442,0680-442,06820,9460-20,946
BANK NOVA SCOTIA B C409,6290-409,62926,4870-26,487
OKLO INC(OKLO)766,480622,830-143,65085,56244,62613.44%-40,937
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