13F HOLDINGS REPORT
PORTLAND INVESTMENT COUNSEL INC.
Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001081668-25-000006
Total Value
$329.2M
Positions
49
Other Managers
0
Confidential Omitted
No
Holdings (49)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 106,458 | $56.7M | 17.22% |
| 2 | THE CIGNA GROUP | 125523100 | 102,600 | $33.8M | 10.25% |
| 3 | SOUTH BOW CORP | SOBO | 1,146,228 | $29.3M | 8.89% |
| 4 | TORONTO DOMINION BK ONT | TORO | 462,900 | $27.7M | 8.43% |
| 5 | ELEVANCE HEALTH INC | ELV | 58,100 | $25.3M | 7.68% |
| 6 | MAGNA INTL INC | 559222401 | 695,800 | $23.6M | 7.18% |
| 7 | CENOVUS ENERGY INC | CVE | 1,435,000 | $19.9M | 6.06% |
| 8 | BANK NOVA SCOTIA B C | 064149107 | 409,629 | $19.4M | 5.90% |
| 9 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 394,150 | $19.1M | 5.80% |
| 10 | OKLO INC | OKLO | 807,580 | $17.4M | 5.27% |
| 11 | ARES MANAGEMENT CORPORATION | ARES-PB | 95,774 | $14.0M | 4.27% |
| 12 | DANAHER CORPORATION | 235851102 | 54,754 | $11.2M | 3.41% |
| 13 | BROOKFIELD CORP | 11271J107 | 60,219 | $3.2M | 0.96% |
| 14 | CARNIVAL CORP | CUKPF | 110,702 | $2.2M | 0.66% |
| 15 | SPDR SER TR | 78468R663 | 23,214 | $2.1M | 0.65% |
| 16 | RADNET INC | RDNT | 40,000 | $2.0M | 0.60% |
| 17 | JPMORGAN CHASE & CO | VYLD | 6,251 | $1.5M | 0.47% |
| 18 | META PLATFORMS INC | META | 2,626 | $1.5M | 0.46% |
| 19 | AMAZON COM INC | AMZN | 7,120 | $1.4M | 0.41% |
| 20 | ALPHABET INC | GOOG | 8,266 | $1.3M | 0.39% |
| 21 | LANTHEUS HLDGS INC | LNTH | 13,000 | $1.3M | 0.39% |
| 22 | GOLDMAN SACHS GROUP INC | GSCE | 2,251 | $1.2M | 0.37% |
| 23 | APPLE INC | AAPL | 5,134 | $1.1M | 0.35% |
| 24 | CAMECO CORP | CCJ | 24,000 | $987,985 | 0.30% |
| 25 | BEIGENE LTD | BEIGF | 3,000 | $816,510 | 0.25% |
| 26 | MICROSOFT CORP | MSFT | 2,137 | $802,208 | 0.24% |
| 27 | NVIDIA CORPORATION | NVDA | 6,948 | $753,024 | 0.23% |
| 28 | MASTERCARD INCORPORATED | MA | 1,363 | $747,088 | 0.23% |
| 29 | LIBERTY LATIN AMERICA LTD | LILAB | 115,803 | $727,669 | 0.22% |
| 30 | ELI LILLY & CO | LLY | 865 | $714,412 | 0.22% |
| 31 | TRANSDIGM GROUP INC | TDG | 496 | $686,112 | 0.21% |
| 32 | VEREN INC | 92340V107 | 101,200 | $669,772 | 0.20% |
| 33 | BWX TECHNOLOGIES INC | BWXT | 6,500 | $641,225 | 0.19% |
| 34 | BAYTEX ENERGY CORP | BTE | 280,300 | $621,618 | 0.19% |
| 35 | HEICO CORP | HEI-A | 2,244 | $599,574 | 0.18% |
| 36 | NUSCALE PWR CORP | NU | 40,000 | $566,400 | 0.17% |
| 37 | CONSTELLATION ENERGY CORP | CEG | 2,600 | $524,238 | 0.16% |
| 38 | CENTRUS ENERGY CORP | LEU | 10,000 | $497,042 | 0.15% |
| 39 | AMGEN INC | AMGN | 1,500 | $467,325 | 0.14% |
| 40 | PERSPECTIVE THERAPEUTICS INC | CATX | 190,000 | $404,700 | 0.12% |
| 41 | ICON PLC | ICLR | 2,000 | $349,980 | 0.11% |
| 42 | IOVANCE BIOTHERAPEUTICS INC | IOVA | 100,000 | $333,000 | 0.10% |
| 43 | BLOOM ENERGY CORP | BE | 15,000 | $294,900 | 0.09% |
| 44 | OKTA INC | OKTA | 2,450 | $257,789 | 0.08% |
| 45 | OLEMA PHARMACEUTICALS INC | OLMA | 50,000 | $188,000 | 0.06% |
| 46 | BICYCLE THERAPEUTICS PLC | BCYC | 15,000 | $127,350 | 0.04% |
| 47 | ARVINAS INC | ARVN | 14,000 | $98,280 | 0.03% |
| 48 | PLUG POWER INC | PLUG | 50,000 | $67,500 | 0.02% |
| 49 | RELAY THERAPEUTICS INC | RLAY | 10,000 | $26,200 | 0.01% |