Filed: 5/14/2026ACC: 0001081668-26-000007
📋 What this filing means
PORTLAND INVESTMENT COUNSEL INC. filed this quarterly 13F‑HR report disclosing 55 equity positions with a total reported market value of $311.62M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
55
Positions
$311.62M
Total AUM (reported)
4.89M
Total Shares
Allocation by class
COM$156.66M50.3%
CL B NEW$50.26M16.1%
COM CL A$32.35M10.4%
CL A LMT VTG SHS$18.72M6.0%
COM NEW$18.04M5.8%
CL A COM STK$13.21M4.2%
CL A$5.82M1.9%
Portfolio Concentration
Top 3$125.95M40.4%
4–10$127.24M40.8%
11–25$37.73M12.1%
Rest$20.69M6.6%
Top 3 weight
40.4%
Top 10 weight
81.3%
Voting Authority Distribution
Total shares with voting rights: 4.89M
Sole
Full voting authority
4.89M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole55
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings55
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares104.88K
TypeSH
Market value$50.26M
16.13%
Sole
104.88K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares865K
TypeSH
Market value$43.42M
13.93%
Sole
865K
Shared
0.00
None
0.00
SOUTH BOW CORP
SOLEShares970.06K
TypeSH
Market value$32.27M
10.36%
Sole
970.06K
Shared
0.00
None
0.00
OKLO INC
SOLEShares589.48K
TypeSH
Market value$29.23M
9.38%
Sole
589.48K
Shared
0.00
None
0.00
THE CIGNA GROUP
SOLEShares72.20K
TypeSH
Market value$19.26M
6.18%
Sole
72.20K
Shared
0.00
None
0.00
BROOKFIELD ASSET MANAGMT LTD
SOLEShares422.39K
TypeSH
Market value$18.72M
6.01%
Sole
422.39K
Shared
0.00
None
0.00
TORONTO DOMINION BK ONT
SOLEShares192K
TypeSH
Market value$17.93M
5.75%
Sole
192K
Shared
0.00
None
0.00
ELEVANCE HEALTH INC
SOLEShares58.10K
TypeSH
Market value$17.01M
5.46%
Sole
58.10K
Shared
0.00
None
0.00
ARES MANAGEMENT CORPORATION
SOLEShares121.07K
TypeSH
Market value$13.21M
4.24%
Sole
121.07K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares62.65K
TypeSH
Market value$11.88M
3.81%
Sole
62.65K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares112.66K
TypeSH
Market value$4.56M
1.46%
Sole
112.66K
Shared
0.00
None
0.00
CARNIVAL CORP
SOLEShares139.60K
TypeSH
Market value$3.61M
1.16%
Sole
139.60K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares32.50K
TypeSH
Market value$3.53M
1.13%
Sole
32.50K
Shared
0.00
None
0.00
BANK NOVA SCOTIA B C
SOLEShares37.80K
TypeSH
Market value$2.62M
0.84%
Sole
37.80K
Shared
0.00
None
0.00
CENTRUS ENERGY CORP
SOLEShares14.75K
TypeSH
Market value$2.56M
0.82%
Sole
14.75K
Shared
0.00
None
0.00
TELIX PHARMACEUTICAL LTD
SOLEShares266.20K
TypeSH
Market value$2.55M
0.82%
Sole
266.20K
Shared
0.00
None
0.00
BLOOM ENERGY CORP
SOLEShares18K
TypeSH
Market value$2.44M
0.78%
Sole
18K
Shared
0.00
None
0.00
RADNET INC
SOLEShares42K
TypeSH
Market value$2.35M
0.75%
Sole
42K
Shared
0.00
None
0.00
BWX TECHNOLOGIES INC
SOLEShares10K
TypeSH
Market value$2.04M
0.66%
Sole
10K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares11.30K
TypeSH
Market value$1.97M
0.63%
Sole
11.30K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares6.79K
TypeSH
Market value$1.95M
0.63%
Sole
6.79K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
SOLEShares2.28K
TypeSH
Market value$1.93M
0.62%
Sole
2.28K
Shared
0.00
None
0.00
APPLE INC
SOLEShares7.54K
TypeSH
Market value$1.91M
0.61%
Sole
7.54K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares3.26K
TypeSH
Market value$1.86M
0.60%
Sole
3.26K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares8.82K
TypeSH
Market value$1.84M
0.59%
Sole
8.82K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 104.88K | SH | $50.26M 16.13% | 104.88K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 865K | SH | $43.42M 13.93% | 865K | 0.00 | 0.00 |
SOUTH BOW CORPSOLE | COM | 970.06K | SH | $32.27M 10.36% | 970.06K | 0.00 | 0.00 |
OKLO INCSOLE | COM CL A | 589.48K | SH | $29.23M 9.38% | 589.48K | 0.00 | 0.00 |
THE CIGNA GROUPSOLE | COM | 72.20K | SH | $19.26M 6.18% | 72.20K | 0.00 | 0.00 |
BROOKFIELD ASSET MANAGMT LTDSOLE | CL A LMT VTG SHS | 422.39K | SH | $18.72M 6.01% | 422.39K | 0.00 | 0.00 |
TORONTO DOMINION BK ONTSOLE | COM NEW | 192K | SH | $17.93M 5.75% | 192K | 0.00 | 0.00 |
ELEVANCE HEALTH INCSOLE | COM | 58.10K | SH | $17.01M 5.46% | 58.10K | 0.00 | 0.00 |
ARES MANAGEMENT CORPORATIONSOLE | CL A COM STK | 121.07K | SH | $13.21M 4.24% | 121.07K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 62.65K | SH | $11.88M 3.81% | 62.65K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 112.66K | SH | $4.56M 1.46% | 112.66K | 0.00 | 0.00 |
CARNIVAL CORPSOLE | COMMON STOCK | 139.60K | SH | $3.61M 1.16% | 139.60K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 32.50K | SH | $3.53M 1.13% | 32.50K | 0.00 | 0.00 |
BANK NOVA SCOTIA B CSOLE | COM | 37.80K | SH | $2.62M 0.84% | 37.80K | 0.00 | 0.00 |
CENTRUS ENERGY CORPSOLE | CL A | 14.75K | SH | $2.56M 0.82% | 14.75K | 0.00 | 0.00 |
TELIX PHARMACEUTICAL LTDSOLE | SPONSORED ADS | 266.20K | SH | $2.55M 0.82% | 266.20K | 0.00 | 0.00 |
BLOOM ENERGY CORPSOLE | COM CL A | 18K | SH | $2.44M 0.78% | 18K | 0.00 | 0.00 |
RADNET INCSOLE | COM | 42K | SH | $2.35M 0.75% | 42K | 0.00 | 0.00 |
BWX TECHNOLOGIES INCSOLE | COM | 10K | SH | $2.04M 0.66% | 10K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 11.30K | SH | $1.97M 0.63% | 11.30K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 6.79K | SH | $1.95M 0.63% | 6.79K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCSOLE | COM | 2.28K | SH | $1.93M 0.62% | 2.28K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 7.54K | SH | $1.91M 0.61% | 7.54K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 3.26K | SH | $1.86M 0.60% | 3.26K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 8.82K | SH | $1.84M 0.59% | 8.82K | 0.00 | 0.00 |
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