PORTLAND INVESTMENT COUNSEL INC. Long-Term Concentrated

CIK: 0001081668 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 14, 2014

Total Value ($000): $152,492 (100.0% shares, 0.0% debt)

Holdings (40)

— CRESCENT PT ENERGY CORP 34.8%

Value ($000) $53,124 Shares 1,476,230 Est. Cost $41.49 Unrealized —

BTE BAYTEX ENERGY CORP 30.6%

Value ($000) $46,738 Shares 1,230,375 Est. Cost $37.16 Unrealized +0.9%

— BROOKFIELD PPTY PARTNERS L P 9.3%

Value ($000) $14,132 Shares 673,530 Est. Cost $20.71 Unrealized —

BCE BCE INC 5.3%

Value ($000) $8,029 Shares 188,050 Est. Cost $23.04 Unrealized +0.4%

JPM JPMORGAN CHASE & CO 3.5%

Value ($000) $5,312 Shares 95,840 Est. Cost $36.24 Unrealized +19.0%

— DIRECTV 1.6%

Value ($000) $2,390 Shares 40,000 Est. Cost $59.75 Unrealized —

BIP BROOKFIELD INFRAST PARTNERS 1.5%

Value ($000) $2,300 Shares 60,474 Est. Cost $41.30 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 1.5%

Value ($000) $2,251 Shares 12,094 Est. Cost $111.55 Unrealized +2.5%

IVZ INVESCO LTD 1.2%

Value ($000) $1,776 Shares 44,983 Est. Cost $21.95 Unrealized +9.4%

BNS BANK N S HALIFAX 1.1%

Value ($000) $1,628 Shares 26,372 Est. Cost $37.52 Unrealized 0.0%

BCS BARCLAYS PLC 0.9%

Value ($000) $1,321 Shares 89,343 Est. Cost $17.11 Unrealized —

C CITIGROUP INC 0.9%

Value ($000) $1,299 Shares 25,060 Est. Cost $35.62 Unrealized +5.1%

HSBC HSBC HLDGS PLC 0.7%

Value ($000) $1,123 Shares 22,065 Est. Cost $52.33 Unrealized —

JNJ JOHNSON & JOHNSON 0.5%

Value ($000) $798 Shares 7,491 Est. Cost $75.58 Unrealized 0.0%

BEN FRANKLIN RES INC 0.5%

Value ($000) $783 Shares 14,337 Est. Cost $32.75 Unrealized +2.6%

PG PROCTER & GAMBLE CO 0.5%

Value ($000) $780 Shares 9,319 Est. Cost $59.73 Unrealized 0.0%

AFL AFLAC INC 0.5%

Value ($000) $687 Shares 11,800 Est. Cost $23.24 Unrealized 0.0%

— ENSCO PLC 0.4%

Value ($000) $644 Shares 15,600 Est. Cost $55.56 Unrealized —

ING ING GROEP N V 0.4%

Value ($000) $639 Shares 45,000 Est. Cost $10.18 Unrealized —

ARCC ARES CAP CORP 0.4%

Value ($000) $609 Shares 37,704 Est. Cost $5.67 Unrealized +0.3%

— ROYAL BK SCOTLAND GROUP PLC 0.4%

Value ($000) $537 Shares 45,000 Est. Cost $8.41 Unrealized —

— BHP BILLITON PLC 0.3%

Value ($000) $463 Shares 8,385 Est. Cost $51.63 Unrealized —

ABBNY ABB LTD 0.3%

Value ($000) $452 Shares 20,177 Est. Cost $21.65 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $441 Shares 2,400 Est. Cost $128.71 Unrealized +9.2%

BAC BANK AMER CORP 0.3%

Value ($000) $389 Shares 22,840 Est. Cost $10.03 Unrealized +25.4%

— SYNGENTA AG 0.3%

Value ($000) $385 Shares 6,070 Est. Cost $77.83 Unrealized —

TD TORONTO DOMINION BK ONT 0.2%

Value ($000) $372 Shares 7,548 Est. Cost $48.94 Unrealized +6.0%

WFC WELLS FARGO & CO NEW 0.2%

Value ($000) $353 Shares 6,800 Est. Cost $27.36 Unrealized +36.7%

— CREDIT SUISSE GROUP 0.2%

Value ($000) $346 Shares 12,500 Est. Cost $28.40 Unrealized —

STT STATE STR CORP 0.2%

Value ($000) $265 Shares 3,600 Est. Cost $47.89 Unrealized +8.7%

— TOTAL S A 0.2%

Value ($000) $258 Shares 4,000 Est. Cost $51.85 Unrealized —

— ROYAL DUTCH SHELL PLC 0.2%

Value ($000) $250 Shares 3,279 Est. Cost $63.78 Unrealized —

DE DEERE & CO 0.2%

Value ($000) $246 Shares 3,000 Est. Cost $69.38 Unrealized 0.0%

Value ($000) $218 Shares 2,866 Est. Cost $74.67 Unrealized —

IDV ISHARES 0.1%

Value ($000) $215 Shares 6,000 Est. Cost $39.83 Unrealized —

— ALCENTRA CAP CORP 0.1%

Value ($000) $212 Shares 16,000 Est. Cost $13.25 Unrealized —

TM TOYOTA MOTOR CORP 0.1%

Value ($000) $212 Shares 1,800 Est. Cost $120.67 Unrealized —

— BROOKFIELD ASSET MGMT INC 0.1%

Value ($000) $208 Shares 4,632 Est. Cost $44.91 Unrealized —

— BARRICK GOLD CORP 0.1%

Value ($000) $159 Shares 10,675 Est. Cost $18.27 Unrealized —

SMFG SUMITOMO MITSUI FINL GROUP I 0.1%

Value ($000) $148 Shares 18,000 Est. Cost $8.44 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	CRESCENT PT ENERGY CORP	1,476,230	$53,124	34.8%	$41.49	—	COM	22576C101
BTE	BAYTEX ENERGY CORP	1,230,375	$46,738	30.6%	$37.16	+0.9%	COM	07317Q105
—	BROOKFIELD PPTY PARTNERS L P	673,530	$14,132	9.3%	$20.71	—	UNIT LTD PARTN	G16249107
BCE	BCE INC	188,050	$8,029	5.3%	$23.04	+0.4%	COM NEW	05534B760
JPM	JPMORGAN CHASE & CO	95,840	$5,312	3.5%	$36.24	+19.0%	COM	46625H100
—	DIRECTV	40,000	$2,390	1.6%	$59.75	—	COM	25490A309
BIP	BROOKFIELD INFRAST PARTNERS	60,474	$2,300	1.5%	$41.30	—	LP INT UNIT	G16252101
IBM	INTERNATIONAL BUSINESS MACHS	12,094	$2,251	1.5%	$111.55	+2.5%	COM	459200101
IVZ	INVESCO LTD	44,983	$1,776	1.2%	$21.95	+9.4%	SHS	G491BT108
BNS	BANK N S HALIFAX	26,372	$1,628	1.1%	$37.52	0.0%	COM	064149107
BCS	BARCLAYS PLC	89,343	$1,321	0.9%	$17.11	—	ADR	06738E204
C	CITIGROUP INC	25,060	$1,299	0.9%	$35.62	+5.1%	COM NEW	172967424
HSBC	HSBC HLDGS PLC	22,065	$1,123	0.7%	$52.33	—	SPON ADR NEW	404280406
JNJ	JOHNSON & JOHNSON	7,491	$798	0.5%	$75.58	0.0%	COM	478160104
BEN	FRANKLIN RES INC	14,337	$783	0.5%	$32.75	+2.6%	COM	354613101
PG	PROCTER & GAMBLE CO	9,319	$780	0.5%	$59.73	0.0%	COM	742718109
AFL	AFLAC INC	11,800	$687	0.5%	$23.24	0.0%	COM	001055102
—	ENSCO PLC	15,600	$644	0.4%	$55.56	—	SHS CLASS A	G3157S106
ING	ING GROEP N V	45,000	$639	0.4%	$10.18	—	SPONSORED ADR	456837103
ARCC	ARES CAP CORP	37,704	$609	0.4%	$5.67	+0.3%	COM	04010L103
—	ROYAL BK SCOTLAND GROUP PLC	45,000	$537	0.4%	$8.41	—	SPONS ADR 20 ORD	780097689
—	BHP BILLITON PLC	8,385	$463	0.3%	$51.63	—	SPONSORED ADR	05545E209
ABBNY	ABB LTD	20,177	$452	0.3%	$21.65	—	SPONSORED ADR	000375204
GS	GOLDMAN SACHS GROUP INC	2,400	$441	0.3%	$128.71	+9.2%	COM	38141G104
BAC	BANK AMER CORP	22,840	$389	0.3%	$10.03	+25.4%	COM	060505104
—	SYNGENTA AG	6,070	$385	0.3%	$77.83	—	SPONSORED ADR	87160A100
TD	TORONTO DOMINION BK ONT	7,548	$372	0.2%	$48.94	+6.0%	COM NEW	891160509
WFC	WELLS FARGO & CO NEW	6,800	$353	0.2%	$27.36	+36.7%	COM	949746101
—	CREDIT SUISSE GROUP	12,500	$346	0.2%	$28.40	—	SPONSORED ADR	225401108
STT	STATE STR CORP	3,600	$265	0.2%	$47.89	+8.7%	COM	857477103
—	TOTAL S A	4,000	$258	0.2%	$51.85	—	SPONSORED ADR	89151E109
—	ROYAL DUTCH SHELL PLC	3,279	$250	0.2%	$63.78	—	SPONS ADR A	780259206
DE	DEERE & CO	3,000	$246	0.2%	$69.38	0.0%	COM	244199105
PKX	POSCO	2,866	$218	0.1%	$74.67	—	SPONSORED ADR	693483109
IDV	ISHARES	6,000	$215	0.1%	$39.83	—	INTL SEL DIV ETF	464288448
—	ALCENTRA CAP CORP	16,000	$212	0.1%	$13.25	—	COM	01374T102
TM	TOYOTA MOTOR CORP	1,800	$212	0.1%	$120.67	—	SP ADR REP2COM	892331307
—	BROOKFIELD ASSET MGMT INC	4,632	$208	0.1%	$44.91	—	CL A LTD VT SH	112585104
—	BARRICK GOLD CORP	10,675	$159	0.1%	$18.27	—	COM	067901108
SMFG	SUMITOMO MITSUI FINL GROUP I	18,000	$148	0.1%	$8.44	—	SPONSORED ADR	86562M209