PORTLAND INVESTMENT COUNSEL INC. Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$365.4B

Holdings

52

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (52 positions)

#StockSharesValue% PortfolioType
1
OKLOOKLO INC
766,480$85.6B23.42%
2
BRK/BBERKSHIRE HATHAWAY INC DEL
100,783$50.7B13.87%
3
BNSBANK NOVA SCOTIA B C
409,629$26.5B7.25%
4
BAMBROOKFIELD ASSET MANAGMT LTD
414,100$23.5B6.44%
5
TDTORONTO DOMINION BK ONT
281,700$22.5B6.16%
6
SOBOSOUTH BOW CORP
751,044$21.3B5.82%
7
MGAMAGNA INTL INC
442,068$20.9B5.73%
8
CITHE CIGNA GROUP
72,200$20.8B5.70%
9
ELVELEVANCE HEALTH INC
58,100$18.8B5.14%
10
ARESARES MANAGEMENT CORPORATION
90,624$14.5B3.97%
11
DHRDANAHER CORPORATION
59,754$11.8B3.24%
12
BNBROOKFIELD CORP
60,219$4.1B1.13%
13
LEUCENTRUS ENERGY CORP
11,250$3.5B0.95%
14
RDNTRADNET INC
42,000$3.2B0.88%
15
CCLCARNIVAL CORP
110,702$3.2B0.88%
16
NVDANVIDIA CORPORATION
12,271$2.3B0.63%
17
CCOCAMECO CORP
24,000$2.0B0.55%
18
GOOGLALPHABET INC
8,266$2.0B0.55%
19
GSGOLDMAN SACHS GROUP INC
2,251$1.8B0.49%
20
METAMETA PLATFORMS INC
2,250$1.7B0.45%
21
SMRNUSCALE PWR CORP
45,000$1.6B0.44%
22
AMZNAMAZON COM INC
7,120$1.6B0.43%
23
AAPLAPPLE INC
6,134$1.6B0.43%
24
BEBLOOM ENERGY CORP
18,000$1.5B0.42%
25
MSFTMICROSOFT CORP
2,637$1.4B0.37%
26
BWXTBWX TECHNOLOGIES INC
7,000$1.3B0.35%
27
TLXTELIX PHARMACEUTICAL LTD
128,000$1.2B0.34%
28
BILSPDR SER TR
31,821$1.1B0.31%
29
CEGCONSTELLATION ENERGY CORP
3,400$1.1B0.31%
30
ONCBEONE MEDICINES LTD
3,000$1.0B0.28%
31
JPMJPMORGAN CHASE & CO
3,000$946.3M0.26%
32
LNTHLANTHEUS HLDGS INC
18,000$923.2M0.25%
33
ISREURPERSPECTIVE THERAPEUTICS INC
250,000$857.5M0.23%
34
MAMASTERCARD INCORPORATED
1,363$775.3M0.21%
35
UPSUNITED PARCEL SERVICE INC
9,100$760.1M0.21%
36
HEIHEICO CORP
2,244$724.4M0.20%
37
LILALIBERTY LATIN AMERICA LTD
82,703$698.0M0.19%
38
LLYELI LILLY & CO
865$660.0M0.18%
39
BTEBAYTEX ENERGY CORP
280,300$655.8M0.18%
40
LILALIBERTY LATIN AMERICA LTD
71,100$589.4M0.16%
41
ICLRICON PLC
3,000$525.0M0.14%
42
COINCOINBASE GLOBAL INC
1,526$515.0M0.14%
43
CRMSALESFORCE INC
2,102$498.2M0.14%
44
OLMAOLEMA PHARMACEUTICALS INC
50,000$489.5M0.13%
45
AMGNAMGEN INC
1,500$423.3M0.12%
46
GEVGE VERNOVA INC
600$368.9M0.10%
47
IOVAIOVANCE BIOTHERAPEUTICS INC
130,000$282.1M0.08%
48
SDGRSCHRODINGER INC
10,000$200.6M0.05%
49
ARVNARVINAS INC
14,000$119.3M0.03%
50
PLUNPLUG POWER INC
50,000$116.5M0.03%
51
BCYCBICYCLE THERAPEUTICS PLC
15,000$116.1M0.03%
52
RLAYRELAY THERAPEUTICS INC
10,000$52.2M0.01%