Q2 2025 · 13F-HR
PORTLAND INVESTMENT COUNSEL INC.holdings as filed
Filed 2025-08-13 · accession 0001081668-25-000011
$340.0M
Reported value
48
Positions
2025-06-30
Period end
The Brief · PORTLAND INVESTMENT COUNSEL INC. · Q2 2025
AI · grounded in 13F
PORTLAND INVESTMENT COUNSEL INC. established a new position in BRK/B valued at $48.96M. The fund also initiated new stakes in OKLO for $42.8M and MGA for $35.97M. Additional new positions include TD at $27.94M and SOBO at $25.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $49.0M | 14.4% | 100,783 | Common | SOLE |
| 02156V109 | OKLO | OKLO INC | $42.8M | 12.6% | 766,480 | Common | SOLE |
| 559222401 | MGA | MAGNA INTL INC | $36.0M | 10.6% | 930,400 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $27.9M | 8.22% | 380,100 | Common | SOLE |
| 83671M105 | SOBO | SOUTH BOW CORP | $25.8M | 7.59% | 993,644 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $23.9M | 7.01% | 72,200 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $22.9M | 6.74% | 414,100 | Common | SOLE |
| 064149107 | BNS | BANK NOVA SCOTIA B C | $22.6M | 6.66% | 409,629 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $22.6M | 6.64% | 58,100 | Common | SOLE |
| 03990B101 | ARES | ARES MANAGEMENT CORPORATION | $15.7M | 4.62% | 90,624 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $11.8M | 3.48% | 59,754 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $3.7M | 1.09% | 60,219 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $3.0M | 0.89% | 110,702 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $2.4M | 0.70% | 42,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.9M | 0.57% | 12,271 | Common | SOLE |
| 15643U104 | LEU | CENTRUS ENERGY CORP | $1.9M | 0.56% | 11,250 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.8M | 0.54% | 2,500 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $1.8M | 0.52% | 24,000 | Common | SOLE |
| 67079K100 | SMR | NUSCALE PWR CORP | $1.7M | 0.51% | 45,000 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $1.6M | 0.47% | 2,251 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.6M | 0.46% | 7,120 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.5M | 0.43% | 8,266 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $1.3M | 0.39% | 2,637 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.3M | 0.37% | 6,134 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $1.1M | 0.32% | 3,400 | Common | SOLE |
| 516544103 | LNTH | LANTHEUS HLDGS INC | $1.1M | 0.31% | 13,000 | Common | SOLE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $1.0M | 0.29% | 7,000 | Common | SOLE |
| G9001E128 | LILAK | LIBERTY LATIN AMERICA LTD | $948,123 | 0.28% | 153,803 | Common | SOLE |
| 46489V104 | ISREUR | PERSPECTIVE THERAPEUTICS INC | $940,000 | 0.28% | 250,000 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $920,738 | 0.27% | 9,100 | Common | SOLE |
| 78468R663 | BIL | SPDR SER TR | $897,863 | 0.26% | 9,789 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $869,730 | 0.26% | 3,000 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $765,924 | 0.23% | 1,363 | Common | SOLE |
| 422806109 | HEI | HEICO CORP | $736,032 | 0.22% | 2,244 | Common | SOLE |
| 07725L102 | ONC | BEIGENE LTD | $723,600 | 0.21% | 3,000 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $674,293 | 0.20% | 865 | Common | SOLE |
| 07317Q105 | BTE | BAYTEX ENERGY CORP | $502,075 | 0.15% | 280,300 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $433,680 | 0.13% | 3,000 | Common | SOLE |
| 031162101 | AMGN | AMGEN INC | $415,695 | 0.12% | 1,500 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $399,240 | 0.12% | 18,000 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $248,555 | 0.07% | 18,100 | Common | SOLE |
| 68062P106 | OLMA | OLEMA PHARMACEUTICALS INC | $231,000 | 0.07% | 50,000 | Common | SOLE |
| 462260100 | IOVA | IOVANCE BIOTHERAPEUTICS INC | $219,700 | 0.06% | 130,000 | Common | SOLE |
| 80810D103 | SDGR | SCHRODINGER INC | $206,100 | 0.06% | 10,000 | Common | SOLE |
| 088786108 | BCYC | BICYCLE THERAPEUTICS PLC | $108,600 | 0.03% | 15,000 | Common | SOLE |
| 04335A105 | ARVN | ARVINAS INC | $105,560 | 0.03% | 14,000 | Common | SOLE |
| 72919P202 | PLUG | PLUG POWER INC | $58,000 | 0.02% | 50,000 | Common | SOLE |
| 75943R102 | RLAY | RELAY THERAPEUTICS INC | $33,000 | 0.01% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.