Filed: 8/13/2026ACC: 0001081668-26-000008
📋 What this filing means
PORTLAND INVESTMENT COUNSEL INC. filed this quarterly 13F‑HR report disclosing 58 equity positions with a total reported market value of $357.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
58
Positions
$357.92M
Total AUM (reported)
5.19M
Total Shares
Allocation by class
COM$191.69M53.6%
CL B NEW$48.28M13.5%
COM CL A$36.15M10.1%
COM NEW$22.84M6.4%
CL A LMT VTG SHS$18.91M5.3%
CL A COM STK$13.48M3.8%
CL A$5.94M1.7%
Portfolio Concentration
Top 3$148.44M41.5%
4–10$140.10M39.1%
11–25$43.39M12.1%
Rest$25.99M7.3%
Top 3 weight
41.5%
Top 10 weight
80.6%
Voting Authority Distribution
Total shares with voting rights: 5.19M
Sole
Full voting authority
5.19M
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)
Sole58
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings58
Rows:
THE CIGNA GROUP
SOLEShares226K
TypeSH
Market value$62.30M
17.41%
Sole
226K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares96.48K
TypeSH
Market value$48.28M
13.49%
Sole
96.48K
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares894.20K
TypeSH
Market value$37.86M
10.58%
Sole
894.20K
Shared
0.00
None
0.00
SOUTH BOW CORP
SOLEShares951.82K
TypeSH
Market value$33.53M
9.37%
Sole
951.82K
Shared
0.00
None
0.00
OKLO INC
SOLEShares589.48K
TypeSH
Market value$30.85M
8.62%
Sole
589.48K
Shared
0.00
None
0.00
TORONTO DOMINION BK ONT
SOLEShares186.70K
TypeSH
Market value$22.70M
6.34%
Sole
186.70K
Shared
0.00
None
0.00
BROOKFIELD ASSET MANAGMT LTD
SOLEShares422.39K
TypeSH
Market value$18.91M
5.28%
Sole
422.39K
Shared
0.00
None
0.00
ARES MANAGEMENT CORPORATION
SOLEShares121.07K
TypeSH
Market value$13.48M
3.77%
Sole
121.07K
Shared
0.00
None
0.00
DANAHER CORPORATION
SOLEShares62.65K
TypeSH
Market value$11.93M
3.33%
Sole
62.65K
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares120.50K
TypeSH
Market value$8.70M
2.43%
Sole
120.50K
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares112.66K
TypeSH
Market value$4.80M
1.34%
Sole
112.66K
Shared
0.00
None
0.00
CARNIVAL CORP
SOLEShares139.60K
TypeSH
Market value$3.99M
1.11%
Sole
139.60K
Shared
0.00
None
0.00
BLOOM ENERGY CORP
SOLEShares12K
TypeSH
Market value$3.63M
1.01%
Sole
12K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares32.50K
TypeSH
Market value$3.31M
0.93%
Sole
32.50K
Shared
0.00
None
0.00
BANK NOVA SCOTIA B C
SOLEShares37.80K
TypeSH
Market value$3.29M
0.92%
Sole
37.80K
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares34.52K
TypeSH
Market value$3.16M
0.88%
Sole
34.52K
Shared
0.00
None
0.00
TELIX PHARMACEUTICAL LTD
SOLEShares266.20K
TypeSH
Market value$3.07M
0.86%
Sole
266.20K
Shared
0.00
None
0.00
RADNET INC
SOLEShares42K
TypeSH
Market value$2.59M
0.72%
Sole
42K
Shared
0.00
None
0.00
CENTRUS ENERGY CORP
SOLEShares14.75K
TypeSH
Market value$2.48M
0.69%
Sole
14.75K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares6.79K
TypeSH
Market value$2.43M
0.68%
Sole
6.79K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares11.30K
TypeSH
Market value$2.26M
0.63%
Sole
11.30K
Shared
0.00
None
0.00
APPLE INC
SOLEShares7.54K
TypeSH
Market value$2.18M
0.61%
Sole
7.54K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares8.82K
TypeSH
Market value$2.10M
0.59%
Sole
8.82K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
SOLEShares2.08K
TypeSH
Market value$2.10M
0.59%
Sole
2.08K
Shared
0.00
None
0.00
LANTHEUS HLDGS INC
SOLEShares18K
TypeSH
Market value$2.00M
0.56%
Sole
18K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
THE CIGNA GROUPSOLE | COM | 226K | SH | $62.30M 17.41% | 226K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 96.48K | SH | $48.28M 13.49% | 96.48K | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 894.20K | SH | $37.86M 10.58% | 894.20K | 0.00 | 0.00 |
SOUTH BOW CORPSOLE | COM | 951.82K | SH | $33.53M 9.37% | 951.82K | 0.00 | 0.00 |
OKLO INCSOLE | COM CL A | 589.48K | SH | $30.85M 8.62% | 589.48K | 0.00 | 0.00 |
TORONTO DOMINION BK ONTSOLE | COM NEW | 186.70K | SH | $22.70M 6.34% | 186.70K | 0.00 | 0.00 |
BROOKFIELD ASSET MANAGMT LTDSOLE | CL A LMT VTG SHS | 422.39K | SH | $18.91M 5.28% | 422.39K | 0.00 | 0.00 |
ARES MANAGEMENT CORPORATIONSOLE | CL A COM STK | 121.07K | SH | $13.48M 3.77% | 121.07K | 0.00 | 0.00 |
DANAHER CORPORATIONSOLE | COM | 62.65K | SH | $11.93M 3.33% | 62.65K | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 120.50K | SH | $8.70M 2.43% | 120.50K | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 112.66K | SH | $4.80M 1.34% | 112.66K | 0.00 | 0.00 |
CARNIVAL CORPSOLE | COMMON STOCK | 139.60K | SH | $3.99M 1.11% | 139.60K | 0.00 | 0.00 |
BLOOM ENERGY CORPSOLE | COM CL A | 12K | SH | $3.63M 1.01% | 12K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 32.50K | SH | $3.31M 0.93% | 32.50K | 0.00 | 0.00 |
BANK NOVA SCOTIA B CSOLE | COM | 37.80K | SH | $3.29M 0.92% | 37.80K | 0.00 | 0.00 |
SPDR SER TRSOLE | BLOOMBERG 1-3 MO | 34.52K | SH | $3.16M 0.88% | 34.52K | 0.00 | 0.00 |
TELIX PHARMACEUTICAL LTDSOLE | SPONSORED ADS | 266.20K | SH | $3.07M 0.86% | 266.20K | 0.00 | 0.00 |
RADNET INCSOLE | COM | 42K | SH | $2.59M 0.72% | 42K | 0.00 | 0.00 |
CENTRUS ENERGY CORPSOLE | CL A | 14.75K | SH | $2.48M 0.69% | 14.75K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 6.79K | SH | $2.43M 0.68% | 6.79K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 11.30K | SH | $2.26M 0.63% | 11.30K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 7.54K | SH | $2.18M 0.61% | 7.54K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 8.82K | SH | $2.10M 0.59% | 8.82K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCSOLE | COM | 2.08K | SH | $2.10M 0.59% | 2.08K | 0.00 | 0.00 |
LANTHEUS HLDGS INCSOLE | COM | 18K | SH | $2.00M 0.56% | 18K | 0.00 | 0.00 |
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