PORTLAND INVESTMENT COUNSEL INC. Long-Term Concentrated

CIK: 0001081668 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 14, 2016

Total Value ($000): $63,616 (100.0% shares, 0.0% debt)

Holdings (40)

WFC WELLS FARGO & CO NEW 9.1%

Value ($000) $5,761 Shares 130,100 Est. Cost $36.83 Unrealized 0.0%

— LIBERTY GLOBAL PLC 8.9%

Value ($000) $5,651 Shares 201,479 Est. Cost $30.94 Unrealized —

— CRESCENT PT ENERGY CORP 8.8%

Value ($000) $5,610 Shares 425,417 Est. Cost $18.31 Unrealized —

C CITIGROUP INC 8.7%

Value ($000) $5,550 Shares 117,512 Est. Cost $33.53 Unrealized +1.9%

JPM JPMORGAN CHASE & CO 8.0%

Value ($000) $5,074 Shares 76,195 Est. Cost $45.31 Unrealized +12.2%

— LIBERTY GLOBAL PLC 7.7%

Value ($000) $4,887 Shares 177,132 Est. Cost $32.26 Unrealized —

BNS BANK N S HALIFAX 6.8%

Value ($000) $4,357 Shares 82,229 Est. Cost $30.93 Unrealized +4.2%

BTE BAYTEX ENERGY CORP 5.4%

Value ($000) $3,457 Shares 814,204 Est. Cost $7.86 Unrealized -41.4%

ARCC ARES CAP CORP 3.4%

Value ($000) $2,144 Shares 138,325 Est. Cost $5.63 Unrealized +12.0%

— BROOKFIELD PPTY PARTNERS L P 3.1%

Value ($000) $1,956 Shares 85,439 Est. Cost $22.55 Unrealized —

— BERKSHIRE HATHAWAY INC DEL 2.6%

Value ($000) $1,631 Shares 11,290 Est. Cost $142.23 Unrealized —

IVZ INVESCO LTD 2.3%

Value ($000) $1,441 Shares 46,095 Est. Cost $22.06 Unrealized -13.4%

BIP BROOKFIELD INFRAST PARTNERS 2.0%

Value ($000) $1,295 Shares 37,372 Est. Cost $41.14 Unrealized —

BCE BCE INC 1.9%

Value ($000) $1,207 Shares 26,141 Est. Cost $23.96 Unrealized +12.7%

TD TORONTO DOMINION BK ONT 1.7%

Value ($000) $1,054 Shares 23,735 Est. Cost $48.30 Unrealized -9.3%

— PATTERN ENERGY GROUP INC 1.6%

Value ($000) $1,028 Shares 45,714 Est. Cost $22.49 Unrealized —

CM CDN IMPERIAL BK COMM TORONTO 1.5%

Value ($000) $985 Shares 12,700 Est. Cost $22.68 Unrealized +8.8%

RY ROYAL BK CDA MONTREAL QUE 1.5%

Value ($000) $954 Shares 15,400 Est. Cost $64.64 Unrealized -4.9%

AFL AFLAC INC 1.4%

Value ($000) $920 Shares 12,800 Est. Cost $23.30 Unrealized +25.4%

T AT&T INC 1.4%

Value ($000) $917 Shares 22,570 Est. Cost $14.23 Unrealized +14.5%

— ITC HLDGS CORP 1.4%

Value ($000) $874 Shares 18,800 Est. Cost $46.83 Unrealized —

BMO BANK MONTREAL QUE 1.2%

Value ($000) $794 Shares 12,110 Est. Cost $45.57 Unrealized -2.2%

— BROOKFIELD ASSET MGMT INC 1.1%

Value ($000) $709 Shares 20,160 Est. Cost $34.90 Unrealized —

BCS BARCLAYS PLC 1.0%

Value ($000) $655 Shares 75,343 Est. Cost $16.62 Unrealized —

PG PROCTER & GAMBLE CO 0.8%

Value ($000) $512 Shares 5,700 Est. Cost $62.56 Unrealized +7.9%

BAC BANK AMER CORP 0.7%

Value ($000) $423 Shares 27,000 Est. Cost $10.79 Unrealized +11.8%

— ROYAL DUTCH SHELL PLC 0.7%

Value ($000) $421 Shares 8,417 Est. Cost $57.65 Unrealized —

— SYNGENTA AG 0.6%

Value ($000) $392 Shares 4,470 Est. Cost $74.11 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.6%

Value ($000) $387 Shares 2,400 Est. Cost $129.30 Unrealized +3.5%

— BHP BILLITON PLC 0.6%

Value ($000) $369 Shares 12,138 Est. Cost $47.52 Unrealized —

— FIFTH STR SR FLOATNG RATE CO 0.5%

Value ($000) $325 Shares 38,000 Est. Cost $9.61 Unrealized —

BBU BROOKFIELD BUSINESS PARTNERS 0.5%

Value ($000) $298 Shares 11,285 Est. Cost $26.41 Unrealized —

— TOTAL S A 0.4%

Value ($000) $263 Shares 5,515 Est. Cost $49.06 Unrealized —

JNJ JOHNSON & JOHNSON 0.4%

Value ($000) $238 Shares 2,014 Est. Cost $78.77 Unrealized +18.8%

— ALCENTRA CAP CORP 0.3%

Value ($000) $218 Shares 16,793 Est. Cost $11.58 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.3%

Value ($000) $217 Shares 46,500 Est. Cost $8.41 Unrealized —

ABBNY ABB LTD 0.3%

Value ($000) $207 Shares 9,177 Est. Cost $22.56 Unrealized —

— BLACKROCK CAPITAL INVESTMENT 0.2%

Value ($000) $157 Shares 19,000 Est. Cost $9.24 Unrealized —

ING ING GROEP N V 0.2%

Value ($000) $148 Shares 12,000 Est. Cost $10.25 Unrealized —

NOMD NOMAD HLDGS LTD 0.2%

Value ($000) $130 Shares 11,000 Est. Cost $10.05 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WFC	WELLS FARGO & CO NEW	130,100	$5,761	9.1%	$36.83	0.0%	COM	949746101
—	LIBERTY GLOBAL PLC	201,479	$5,651	8.9%	$30.94	—	LILAC SHS CL C	G5480U153
—	CRESCENT PT ENERGY CORP	425,417	$5,610	8.8%	$18.31	—	COM	22576C101
C	CITIGROUP INC	117,512	$5,550	8.7%	$33.53	+1.9%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	76,195	$5,074	8.0%	$45.31	+12.2%	COM	46625H100
—	LIBERTY GLOBAL PLC	177,132	$4,887	7.7%	$32.26	—	LILAC SHS CL A	G5480U138
BNS	BANK N S HALIFAX	82,229	$4,357	6.8%	$30.93	+4.2%	COM	064149107
BTE	BAYTEX ENERGY CORP	814,204	$3,457	5.4%	$7.86	-41.4%	COM	07317Q105
ARCC	ARES CAP CORP	138,325	$2,144	3.4%	$5.63	+12.0%	COM	04010L103
—	BROOKFIELD PPTY PARTNERS L P	85,439	$1,956	3.1%	$22.55	—	UNIT LTD PARTN	G16249107
—	BERKSHIRE HATHAWAY INC DEL	11,290	$1,631	2.6%	$142.23	—	CL B NEW	84670702
IVZ	INVESCO LTD	46,095	$1,441	2.3%	$22.06	-13.4%	SHS	G491BT108
BIP	BROOKFIELD INFRAST PARTNERS	37,372	$1,295	2.0%	$41.14	—	LP INT UNIT	G16252101
BCE	BCE INC	26,141	$1,207	1.9%	$23.96	+12.7%	COM NEW	05534B760
TD	TORONTO DOMINION BK ONT	23,735	$1,054	1.7%	$48.30	-9.3%	COM NEW	891160509
—	PATTERN ENERGY GROUP INC	45,714	$1,028	1.6%	$22.49	—	CL A	70338P100
CM	CDN IMPERIAL BK COMM TORONTO	12,700	$985	1.5%	$22.68	+8.8%	COM	136069101
RY	ROYAL BK CDA MONTREAL QUE	15,400	$954	1.5%	$64.64	-4.9%	COM	780087102
AFL	AFLAC INC	12,800	$920	1.4%	$23.30	+25.4%	COM	001055102
T	AT&T INC	22,570	$917	1.4%	$14.23	+14.5%	COM	00206R102
—	ITC HLDGS CORP	18,800	$874	1.4%	$46.83	—	COM	465685105
BMO	BANK MONTREAL QUE	12,110	$794	1.2%	$45.57	-2.2%	COM	063671101
—	BROOKFIELD ASSET MGMT INC	20,160	$709	1.1%	$34.90	—	CL A LTD VT SH	112585104
BCS	BARCLAYS PLC	75,343	$655	1.0%	$16.62	—	ADR	06738E204
PG	PROCTER & GAMBLE CO	5,700	$512	0.8%	$62.56	+7.9%	COM	742718109
BAC	BANK AMER CORP	27,000	$423	0.7%	$10.79	+11.8%	COM	060505104
—	ROYAL DUTCH SHELL PLC	8,417	$421	0.7%	$57.65	—	SPONS ADR A	780259206
—	SYNGENTA AG	4,470	$392	0.6%	$74.11	—	SPONSORED ADR	87160A100
GS	GOLDMAN SACHS GROUP INC	2,400	$387	0.6%	$129.30	+3.5%	COM	38141G104
—	BHP BILLITON PLC	12,138	$369	0.6%	$47.52	—	SPONSORED ADR	05545E209
—	FIFTH STR SR FLOATNG RATE CO	38,000	$325	0.5%	$9.61	—	COM	31679F101
BBU	BROOKFIELD BUSINESS PARTNERS	11,285	$298	0.5%	$26.41	—	UNIT LTD LP	G16234109
—	TOTAL S A	5,515	$263	0.4%	$49.06	—	SPONSORED ADR	89151E109
JNJ	JOHNSON & JOHNSON	2,014	$238	0.4%	$78.77	+18.8%	COM	478160104
—	ALCENTRA CAP CORP	16,793	$218	0.3%	$11.58	—	COM	01374T102
—	ROYAL BK SCOTLAND GROUP PLC	46,500	$217	0.3%	$8.41	—	SPONS ADR 20 ORD	780097689
ABBNY	ABB LTD	9,177	$207	0.3%	$22.56	—	SPONSORED ADR	000375204
—	BLACKROCK CAPITAL INVESTMENT	19,000	$157	0.2%	$9.24	—	COM	092533108
ING	ING GROEP N V	12,000	$148	0.2%	$10.25	—	SPONSORED ADR	456837103
NOMD	NOMAD HLDGS LTD	11,000	$130	0.2%	$10.05	0.0%	USD ORD SHS	G6564A105