PORTLAND INVESTMENT COUNSEL INC.
•CIK: 1081668•Filing: Q4 2025
**PORTLAND INVESTMENT COUNSEL INC.** manages $332M across a concentrated portfolio of 53 positions. The fund exhibits significant conviction in value and industrial names, highlighted by the top holdings including BRK/B at $52.4M and OKLO at $44.6M. Further substantial allocations are directed toward financial and infrastructure sectors, notably BAC ($35.2M) and BAM ($22.2M). This positioning suggests a focused, deep-value approach targeting established market leaders.
Total AUM
$332.1M
QoQ Performance
-9.1%
Positions
52
Top 10 Concentration
79.3%
Latest Filing
Q4 2025
Top Holdings Allocation
BRK/B
OKLO
BAC
BAM
SOBO
ELV
CI
TD
BRK/B15.8%
OKLO13.4%
BAC10.6%
BAM6.7%
SOBO6.2%
ELV6.1%
CI6.0%
TD5.4%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other56.6%
Financial29.0%
Healthcare10.7%
Technology3.0%
Consumer0.5%
Industrial0.3%
Changes from Q3 2025
NEW3 new positions
↑14 increased
↓5 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023