PORTLAND INVESTMENT COUNSEL INC.

CIK: 0001081668SEC EDGAR →

Portfolio Value

$332.1M

Holdings

53

As of

Q4 2025

New Positions

51

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

BERKSHIRE HATHAWAY INC DEL

104,083$52.4M
15.78%
2

OKLO INC

622,830$44.6M
13.44%
3

VERIZON COMMUNICATIONS INC

865,000$35.2M
10.61%
4

BROOKFIELD ASSET MANAGMT LTD

421,200$22.2M
6.68%
5

SOUTH BOW CORP

751,044$20.7M
6.22%
6

ELEVANCE HEALTH INC

58,100$20.4M
6.13%
7

THE CIGNA GROUP

72,200$19.9M
5.98%
8

TORONTO DOMINION BK ONT

192,000$18.1M
5.45%
9

ARES MANAGEMENT CORPORATION

95,724$15.6M
4.70%
10

DANAHER CORPORATION

62,654$14.4M
4.35%

Quarterly Changes

Top Buys

BACNEW
$35.2M
MOSNEW
$13.0M
DHR↑ Increased
$2.6M
BRK/B↑ Increased
$1.7M
BAM↑ Increased
$1.3M

Top Sells

OKLO↓ Decreased
$40.9M
BNSCLOSED
$26.5M
MGACLOSED
$20.9M
TD↓ Decreased
$4.4M
BIL↓ Decreased
$1.6M

New Positions (3)

$35.2M · 865K shares
$13.0M · 541K shares
$201K · 2K shares

Closed Positions (2)

$26.5M · 410K shares
$20.9M · 442K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services10$103.2M31.1%
Healthcare17$66.5M20.0%
Unknown3$53.2M16.0%
Utilities4$47.8M14.4%
Energy3$24.3M7.3%
Basic Materials1$13.0M3.9%
Communication Services5$8.0M2.4%
Consumer Cyclical2$5.9M1.8%
Technology4$5.7M1.7%
Industrials4$4.4M1.3%