PORTLAND INVESTMENT COUNSEL INC. Long-Term Concentrated

CIK: 0001081668 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 12, 2016

Total Value ($000): $48,686 (100.0% shares, 0.0% debt)

Holdings (37)

— CRESCENT PT ENERGY CORP 18.4%

Value ($000) $8,937 Shares 645,051 Est. Cost $18.39 Unrealized —

BTE BAYTEX ENERGY CORP 18.2%

Value ($000) $8,854 Shares 2,239,154 Est. Cost $7.86 Unrealized -68.2%

BNS BANK N S HALIFAX 12.7%

Value ($000) $6,201 Shares 126,884 Est. Cost $30.79 Unrealized -17.2%

RY ROYAL BK CDA MONTREAL QUE 7.7%

Value ($000) $3,768 Shares 65,400 Est. Cost $64.64 Unrealized -19.8%

ARCC ARES CAP CORP 3.7%

Value ($000) $1,778 Shares 119,825 Est. Cost $5.58 Unrealized -3.8%

— BROOKFIELD PPTY PARTNERS L P 3.5%

Value ($000) $1,716 Shares 74,189 Est. Cost $22.53 Unrealized —

IVZ INVESCO LTD 2.9%

Value ($000) $1,425 Shares 46,306 Est. Cost $22.11 Unrealized -16.8%

— BERKSHIRE HATHAWAY INC DEL 2.9%

Value ($000) $1,389 Shares 9,790 Est. Cost $141.88 Unrealized —

JPM JPMORGAN CHASE & CO 2.8%

Value ($000) $1,368 Shares 23,095 Est. Cost $37.69 Unrealized +19.0%

BIP BROOKFIELD INFRAST PARTNERS 2.3%

Value ($000) $1,111 Shares 26,375 Est. Cost $43.25 Unrealized —

C CITIGROUP INC 2.2%

Value ($000) $1,048 Shares 25,112 Est. Cost $35.62 Unrealized -12.3%

TD TORONTO DOMINION BK ONT 2.1%

Value ($000) $1,025 Shares 23,735 Est. Cost $48.30 Unrealized -20.1%

BCE BCE INC 2.0%

Value ($000) $969 Shares 21,251 Est. Cost $23.31 Unrealized -0.2%

CM CDN IMPERIAL BK COMM TORONTO 1.9%

Value ($000) $949 Shares 12,700 Est. Cost $22.68 Unrealized -8.0%

AFL AFLAC INC 1.7%

Value ($000) $808 Shares 12,800 Est. Cost $23.30 Unrealized +1.2%

BMO BANK MONTREAL QUE 1.5%

Value ($000) $735 Shares 12,110 Est. Cost $45.57 Unrealized -19.2%

BCS BARCLAYS PLC 1.3%

Value ($000) $641 Shares 74,343 Est. Cost $17.11 Unrealized —

— BROOKFIELD ASSET MGMT INC 1.2%

Value ($000) $576 Shares 16,570 Est. Cost $34.97 Unrealized —

— ROYAL DUTCH SHELL PLC 0.9%

Value ($000) $442 Shares 9,117 Est. Cost $57.65 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.8%

Value ($000) $408 Shares 2,600 Est. Cost $129.30 Unrealized -2.4%

— SYNGENTA AG 0.8%

Value ($000) $403 Shares 4,870 Est. Cost $74.11 Unrealized —

— FIFTH STR SR FLOATNG RATE CO 0.8%

Value ($000) $376 Shares 47,390 Est. Cost $9.61 Unrealized —

BAC BANK AMER CORP 0.7%

Value ($000) $365 Shares 27,000 Est. Cost $10.79 Unrealized +0.6%

PG PROCTER & GAMBLE 0.7%

Value ($000) $346 Shares 4,200 Est. Cost $61.64 Unrealized 0.0%

— TOTAL S A 0.7%

Value ($000) $335 Shares 7,371 Est. Cost $49.06 Unrealized —

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $326 Shares 3,014 Est. Cost $78.77 Unrealized 0.0%

T AT&T INC 0.7%

Value ($000) $320 Shares 8,170 Est. Cost $11.81 Unrealized +17.2%

— ROYAL BK SCOTLAND GROUP PLC 0.6%

Value ($000) $287 Shares 45,000 Est. Cost $8.54 Unrealized —

— BHP BILLITON PLC 0.6%

Value ($000) $275 Shares 12,088 Est. Cost $47.52 Unrealized —

ING ING GROEP N V 0.5%

Value ($000) $251 Shares 21,000 Est. Cost $10.25 Unrealized —

DEO DIAGEO P L C 0.5%

Value ($000) $251 Shares 2,324 Est. Cost $112.97 Unrealized —

— iSHARES DOW JONES EPAC 0.4%

Value ($000) $203 Shares 7,000 Est. Cost $29.00 Unrealized —

ABBNY ABB LTD 0.4%

Value ($000) $202 Shares 10,377 Est. Cost $21.65 Unrealized —

— ALCENTRA CAP CORP 0.4%

Value ($000) $195 Shares 16,793 Est. Cost $11.58 Unrealized —

— BLACKROCK CAPITAL INVESTMENT 0.3%

Value ($000) $160 Shares 17,000 Est. Cost $9.42 Unrealized —

— HERTZ GLOBAL HOLDINGS INC 0.3%

Value ($000) $135 Shares 12,775 Est. Cost $13.72 Unrealized —

SMFG SUMITOMO MITSUI FINL GROUP I 0.2%

Value ($000) $108 Shares 18,000 Est. Cost $8.33 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	CRESCENT PT ENERGY CORP	645,051	$8,937	18.4%	$18.39	—	COM	22576C101
BTE	BAYTEX ENERGY CORP	2,239,154	$8,854	18.2%	$7.86	-68.2%	COM	07317Q105
BNS	BANK N S HALIFAX	126,884	$6,201	12.7%	$30.79	-17.2%	COM	064149107
RY	ROYAL BK CDA MONTREAL QUE	65,400	$3,768	7.7%	$64.64	-19.8%	COM	780087102
ARCC	ARES CAP CORP	119,825	$1,778	3.7%	$5.58	-3.8%	COM	04010L103
—	BROOKFIELD PPTY PARTNERS L P	74,189	$1,716	3.5%	$22.53	—	UNIT LTD PARTN	G16249107
IVZ	INVESCO LTD	46,306	$1,425	2.9%	$22.11	-16.8%	SHS	G491BT108
—	BERKSHIRE HATHAWAY INC DEL	9,790	$1,389	2.9%	$141.88	—	CL B NEW	84670702
JPM	JPMORGAN CHASE & CO	23,095	$1,368	2.8%	$37.69	+19.0%	COM	46625H100
BIP	BROOKFIELD INFRAST PARTNERS	26,375	$1,111	2.3%	$43.25	—	LP INT UNIT	G16252101
C	CITIGROUP INC	25,112	$1,048	2.2%	$35.62	-12.3%	COM NEW	172967424
TD	TORONTO DOMINION BK ONT	23,735	$1,025	2.1%	$48.30	-20.1%	COM NEW	891160509
BCE	BCE INC	21,251	$969	2.0%	$23.31	-0.2%	COM NEW	05534B760
CM	CDN IMPERIAL BK COMM TORONTO	12,700	$949	1.9%	$22.68	-8.0%	COM	136069101
AFL	AFLAC INC	12,800	$808	1.7%	$23.30	+1.2%	COM	001055102
BMO	BANK MONTREAL QUE	12,110	$735	1.5%	$45.57	-19.2%	COM	063671101
BCS	BARCLAYS PLC	74,343	$641	1.3%	$17.11	—	ADR	06738E204
—	BROOKFIELD ASSET MGMT INC	16,570	$576	1.2%	$34.97	—	CL A LTD VT SH	112585104
—	ROYAL DUTCH SHELL PLC	9,117	$442	0.9%	$57.65	—	SPONS ADR A	780259206
GS	GOLDMAN SACHS GROUP INC	2,600	$408	0.8%	$129.30	-2.4%	COM	38141G104
—	SYNGENTA AG	4,870	$403	0.8%	$74.11	—	SPONSORED ADR	87160A100
—	FIFTH STR SR FLOATNG RATE CO	47,390	$376	0.8%	$9.61	—	COM	31679F101
BAC	BANK AMER CORP	27,000	$365	0.7%	$10.79	+0.6%	COM	060505104
PG	PROCTER & GAMBLE	4,200	$346	0.7%	$61.64	0.0%	COM	742718109
—	TOTAL S A	7,371	$335	0.7%	$49.06	—	SPONSORED ADR	89151E109
JNJ	JOHNSON & JOHNSON	3,014	$326	0.7%	$78.77	0.0%	COM	478160104
T	AT&T INC	8,170	$320	0.7%	$11.81	+17.2%	COM	00206R102
—	ROYAL BK SCOTLAND GROUP PLC	45,000	$287	0.6%	$8.54	—	SPONS ADR 20 ORD	780097689
—	BHP BILLITON PLC	12,088	$275	0.6%	$47.52	—	SPONSORED ADR	05545E209
ING	ING GROEP N V	21,000	$251	0.5%	$10.25	—	SPONSORED ADR	456837103
DEO	DIAGEO P L C	2,324	$251	0.5%	$112.97	—	SPON ADR NEW	25243Q205
—	iSHARES DOW JONES EPAC	7,000	$203	0.4%	$29.00	—	SHS BEN INT	45032K102
ABBNY	ABB LTD	10,377	$202	0.4%	$21.65	—	SPONSORED ADR	000375204
—	ALCENTRA CAP CORP	16,793	$195	0.4%	$11.58	—	COM	01374T102
—	BLACKROCK CAPITAL INVESTMENT	17,000	$160	0.3%	$9.42	—	COM	092533108
—	HERTZ GLOBAL HOLDINGS INC	12,775	$135	0.3%	$13.72	—	COM	42805T105
SMFG	SUMITOMO MITSUI FINL GROUP I	18,000	$108	0.2%	$8.33	—	SPONSORED ADR	86562M209