PORTLAND INVESTMENT COUNSEL INC. Long-Term Concentrated

CIK: 0001081668 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $97,815 (100.0% shares, 0.0% debt)

Holdings (37)

— WALGREENS BOOTS ALLIANCE INC 17.8%

Value ($000) $17,438 Shares 239,209 Est. Cost $71.34 Unrealized —

FTS FORTIS INC 15.5%

Value ($000) $15,127 Shares 466,534 Est. Cost $26.85 Unrealized -8.3%

BNS BANK N S HALIFAX 14.1%

Value ($000) $13,836 Shares 227,485 Est. Cost $37.93 Unrealized +4.0%

TD TORONTO DOMINION BK ONT 12.9%

Value ($000) $12,629 Shares 207,825 Est. Cost $56.27 Unrealized +5.8%

CM CDN IMPERIAL BK COMM TORONTO 8.5%

Value ($000) $8,268 Shares 88,238 Est. Cost $29.85 Unrealized +8.0%

— CRESCENT PT ENERGY CORP 3.3%

Value ($000) $3,273 Shares 514,364 Est. Cost $15.86 Unrealized —

— BROOKFIELD PPTY PARTNERS L P 3.1%

Value ($000) $3,023 Shares 144,597 Est. Cost $21.76 Unrealized —

BTE BAYTEX ENERGY CORP 2.7%

Value ($000) $2,647 Shares 911,994 Est. Cost $6.62 Unrealized -55.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.5%

Value ($000) $2,433 Shares 11,362 Est. Cost $189.88 Unrealized +8.1%

RY ROYAL BK CDA MONTREAL QUE 2.1%

Value ($000) $2,052 Shares 25,600 Est. Cost $71.23 Unrealized +10.1%

ARCC ARES CAP CORP 2.0%

Value ($000) $1,929 Shares 112,211 Est. Cost $5.79 Unrealized +46.2%

LILAK LIBERTY LATIN AMERICA LTD 1.8%

Value ($000) $1,775 Shares 85,291 Est. Cost $20.25 Unrealized -8.4%

— PATTERN ENERGY GROUP INC 1.3%

Value ($000) $1,295 Shares 65,176 Est. Cost $21.86 Unrealized —

BMO BANK MONTREAL QUE 1.0%

Value ($000) $999 Shares 12,110 Est. Cost $45.57 Unrealized +29.5%

IVZ INVESCO LTD 1.0%

Value ($000) $986 Shares 43,100 Est. Cost $22.06 Unrealized -20.7%

BCE BCE INC 0.9%

Value ($000) $832 Shares 20,526 Est. Cost $24.82 Unrealized +4.3%

C CITIGROUP INC 0.7%

Value ($000) $725 Shares 10,112 Est. Cost $33.53 Unrealized +63.4%

T AT&T INC 0.7%

Value ($000) $719 Shares 21,400 Est. Cost $14.45 Unrealized +0.2%

— BROOKFIELD ASSET MGMT INC 0.7%

Value ($000) $684 Shares 15,358 Est. Cost $34.90 Unrealized —

BCS BARCLAYS PLC 0.7%

Value ($000) $674 Shares 75,343 Est. Cost $16.62 Unrealized —

BIP BROOKFIELD INFRAST PARTNERS 0.6%

Value ($000) $627 Shares 15,723 Est. Cost $37.60 Unrealized —

— BHP BILLITON PLC 0.6%

Value ($000) $556 Shares 12,638 Est. Cost $47.18 Unrealized —

LILA LIBERTY LATIN AMERICA LTD 0.5%

Value ($000) $506 Shares 24,271 Est. Cost $20.27 Unrealized -8.7%

— OAKTREE STRATEGIC INCOME COR 0.5%

Value ($000) $497 Shares 57,400 Est. Cost $8.40 Unrealized —

JPM JPMORGAN CHASE & CO 0.5%

Value ($000) $485 Shares 4,295 Est. Cost $45.31 Unrealized +104.4%

BBU BROOKFIELD BUSINESS PARTNERS 0.5%

Value ($000) $479 Shares 10,465 Est. Cost $26.41 Unrealized —

— ROYAL DUTCH SHELL PLC 0.5%

Value ($000) $458 Shares 6,717 Est. Cost $58.16 Unrealized —

VOO VANGUARD INDEX FDS 0.4%

Value ($000) $422 Shares 1,580 Est. Cost $241.77 Unrealized —

BAC BANK AMER CORP 0.4%

Value ($000) $412 Shares 14,000 Est. Cost $10.79 Unrealized +136.0%

— BLACKROCK CAPITAL INVESTMENT 0.4%

Value ($000) $372 Shares 63,000 Est. Cost $7.06 Unrealized —

NOMD NOMAD FOODS LTD 0.3%

Value ($000) $309 Shares 15,250 Est. Cost $11.58 Unrealized +70.8%

— ROYAL BK SCOTLAND GROUP PLC 0.3%

Value ($000) $304 Shares 46,500 Est. Cost $8.28 Unrealized —

— TOTAL S A 0.3%

Value ($000) $266 Shares 4,126 Est. Cost $49.50 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.2%

Value ($000) $224 Shares 1,000 Est. Cost $129.30 Unrealized +51.9%

KHC KRAFT HEINZ CO 0.2%

Value ($000) $217 Shares 3,944 Est. Cost $41.08 Unrealized +1.8%

ING ING GROEP N V 0.2%

Value ($000) $182 Shares 14,000 Est. Cost $10.65 Unrealized —

— ALCENTRA CAP CORP 0.2%

Value ($000) $155 Shares 26,000 Est. Cost $10.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	WALGREENS BOOTS ALLIANCE INC	239,209	$17,438	17.8%	$71.34	—	COM	931427108
FTS	FORTIS INC	466,534	$15,127	15.5%	$26.85	-8.3%	COM	349553107
BNS	BANK N S HALIFAX	227,485	$13,836	14.1%	$37.93	+4.0%	COM	064149107
TD	TORONTO DOMINION BK ONT	207,825	$12,629	12.9%	$56.27	+5.8%	COM NEW	891160509
CM	CDN IMPERIAL BK COMM TORONTO	88,238	$8,268	8.5%	$29.85	+8.0%	COM	136069101
—	CRESCENT PT ENERGY CORP	514,364	$3,273	3.3%	$15.86	—	COM	22576C101
—	BROOKFIELD PPTY PARTNERS L P	144,597	$3,023	3.1%	$21.76	—	UNIT LTD PARTN	G16249107
BTE	BAYTEX ENERGY CORP	911,994	$2,647	2.7%	$6.62	-55.8%	COM	07317Q105
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,362	$2,433	2.5%	$189.88	+8.1%	CL B NEW	084670702
RY	ROYAL BK CDA MONTREAL QUE	25,600	$2,052	2.1%	$71.23	+10.1%	COM	780087102
ARCC	ARES CAP CORP	112,211	$1,929	2.0%	$5.79	+46.2%	COM	04010L103
LILAK	LIBERTY LATIN AMERICA LTD	85,291	$1,775	1.8%	$20.25	-8.4%	COM CL C	G9001E128
—	PATTERN ENERGY GROUP INC	65,176	$1,295	1.3%	$21.86	—	CL A	70338P100
BMO	BANK MONTREAL QUE	12,110	$999	1.0%	$45.57	+29.5%	COM	063671101
IVZ	INVESCO LTD	43,100	$986	1.0%	$22.06	-20.7%	SHS	G491BT108
BCE	BCE INC	20,526	$832	0.9%	$24.82	+4.3%	COM NEW	05534B760
C	CITIGROUP INC	10,112	$725	0.7%	$33.53	+63.4%	COM NEW	172967424
T	AT&T INC	21,400	$719	0.7%	$14.45	+0.2%	COM	00206R102
—	BROOKFIELD ASSET MGMT INC	15,358	$684	0.7%	$34.90	—	CL A LTD VT SH	112585104
BCS	BARCLAYS PLC	75,343	$674	0.7%	$16.62	—	ADR	06738E204
BIP	BROOKFIELD INFRAST PARTNERS	15,723	$627	0.6%	$37.60	—	LP INT UNIT	G16252101
—	BHP BILLITON PLC	12,638	$556	0.6%	$47.18	—	SPONSORED ADR	05545E209
LILA	LIBERTY LATIN AMERICA LTD	24,271	$506	0.5%	$20.27	-8.7%	COM CL A	G9001E102
—	OAKTREE STRATEGIC INCOME COR	57,400	$497	0.5%	$8.40	—	COM	67402D104
JPM	JPMORGAN CHASE & CO	4,295	$485	0.5%	$45.31	+104.4%	COM	46625H100
BBU	BROOKFIELD BUSINESS PARTNERS	10,465	$479	0.5%	$26.41	—	UNIT LTD LP	G16234109
—	ROYAL DUTCH SHELL PLC	6,717	$458	0.5%	$58.16	—	SPONS ADR A	780259206
VOO	VANGUARD INDEX FDS	1,580	$422	0.4%	$241.77	—	S&P 500 ETF SHS	922908363
BAC	BANK AMER CORP	14,000	$412	0.4%	$10.79	+136.0%	COM	060505104
—	BLACKROCK CAPITAL INVESTMENT	63,000	$372	0.4%	$7.06	—	COM	092533108
NOMD	NOMAD FOODS LTD	15,250	$309	0.3%	$11.58	+70.8%	USD ORD SHS	G6564A105
—	ROYAL BK SCOTLAND GROUP PLC	46,500	$304	0.3%	$8.28	—	SPONS ADR 2 ORD	780097689
—	TOTAL S A	4,126	$266	0.3%	$49.50	—	SPONSORED ADR	89151E109
GS	GOLDMAN SACHS GROUP INC	1,000	$224	0.2%	$129.30	+51.9%	COM	38141G104
KHC	KRAFT HEINZ CO	3,944	$217	0.2%	$41.08	+1.8%	COM	500754106
ING	ING GROEP N V	14,000	$182	0.2%	$10.65	—	SPONSORED ADR	456837103
—	ALCENTRA CAP CORP	26,000	$155	0.2%	$10.04	—	COM	01374T102