PORTLAND INVESTMENT COUNSEL INC. Long-Term Concentrated

CIK: 0001081668 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 14, 2019

Total Value ($000): $130,153 (100.0% shares, 0.0% debt)

Holdings (31)

MGA MAGNA INTL INC 14.9%

Value ($000) $19,337 Shares 426,000 Est. Cost $38.61 Unrealized 0.0%

TD TORONTO DOMINION BK ONT 14.3%

Value ($000) $18,669 Shares 375,580 Est. Cost $55.59 Unrealized -1.5%

C CITIGROUP INC 14.1%

Value ($000) $18,399 Shares 353,412 Est. Cost $48.91 Unrealized +0.9%

BNS BANK N S HALIFAX 14.0%

Value ($000) $18,202 Shares 365,170 Est. Cost $37.53 Unrealized -1.8%

GS GOLDMAN SACHS GROUP INC 11.5%

Value ($000) $14,984 Shares 89,700 Est. Cost $170.43 Unrealized +0.3%

MCK MCKESSON CORP 11.2%

Value ($000) $14,549 Shares 131,700 Est. Cost $118.11 Unrealized 0.0%

CM CDN IMPERIAL BK COMM TORONTO 7.6%

Value ($000) $9,871 Shares 132,538 Est. Cost $29.97 Unrealized +0.8%

— BROOKFIELD PPTY PARTNERS L P 1.7%

Value ($000) $2,270 Shares 140,715 Est. Cost $21.76 Unrealized —

RY ROYAL BK CDA MONTREAL QUE 1.4%

Value ($000) $1,807 Shares 26,400 Est. Cost $71.29 Unrealized +2.4%

BMO BANK MONTREAL QUE 1.0%

Value ($000) $1,288 Shares 19,710 Est. Cost $49.10 Unrealized +11.5%

BTE BAYTEX ENERGY CORP 0.9%

Value ($000) $1,194 Shares 676,319 Est. Cost $6.62 Unrealized -70.6%

LILAK LIBERTY LATIN AMERICA LTD 0.9%

Value ($000) $1,173 Shares 80,961 Est. Cost $20.25 Unrealized -16.2%

ARCC ARES CAP CORP 0.9%

Value ($000) $1,157 Shares 74,236 Est. Cost $5.79 Unrealized +44.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $1,130 Shares 5,534 Est. Cost $189.88 Unrealized +10.0%

— CRESCENT PT ENERGY CORP 0.6%

Value ($000) $819 Shares 269,995 Est. Cost $15.86 Unrealized —

IVZ INVESCO LTD 0.6%

Value ($000) $721 Shares 43,100 Est. Cost $22.06 Unrealized -35.7%

— OAKTREE STRATEGIC INCOME COR 0.3%

Value ($000) $418 Shares 54,000 Est. Cost $8.40 Unrealized —

JPM JPMORGAN CHASE & CO 0.3%

Value ($000) $417 Shares 4,273 Est. Cost $45.31 Unrealized +93.2%

— BHP GROUP PLC 0.3%

Value ($000) $383 Shares 9,138 Est. Cost $47.18 Unrealized —

VOO VANGUARD INDEX FDS 0.3%

Value ($000) $363 Shares 1,580 Est. Cost $241.77 Unrealized —

— ROYAL DUTCH SHELL PLC 0.3%

Value ($000) $362 Shares 6,217 Est. Cost $58.16 Unrealized —

— BLACKROCK CAPITAL INVESTMENT 0.3%

Value ($000) $360 Shares 68,000 Est. Cost $6.93 Unrealized —

BAC BANK AMER CORP 0.3%

Value ($000) $345 Shares 14,000 Est. Cost $10.79 Unrealized +111.3%

LILA LIBERTY LATIN AMERICA LTD 0.2%

Value ($000) $310 Shares 21,401 Est. Cost $20.27 Unrealized -16.1%

— BROOKFIELD ASSET MGMT INC 0.2%

Value ($000) $305 Shares 7,953 Est. Cost $34.90 Unrealized —

BCS BARCLAYS PLC 0.2%

Value ($000) $304 Shares 40,343 Est. Cost $16.62 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.2%

Value ($000) $279 Shares 50,000 Est. Cost $8.09 Unrealized —

BBU BROOKFIELD BUSINESS PARTNERS 0.2%

Value ($000) $229 Shares 7,525 Est. Cost $26.41 Unrealized —

NOMD NOMAD FOODS LTD 0.1%

Value ($000) $191 Shares 11,430 Est. Cost $11.58 Unrealized +64.2%

— ALCENTRA CAP CORP 0.1%

Value ($000) $168 Shares 26,000 Est. Cost $10.04 Unrealized —

ING ING GROEP N V 0.1%

Value ($000) $149 Shares 14,000 Est. Cost $10.65 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MGA	MAGNA INTL INC	426,000	$19,337	14.9%	$38.61	0.0%	COM	559222401
TD	TORONTO DOMINION BK ONT	375,580	$18,669	14.3%	$55.59	-1.5%	COM NEW	891160509
C	CITIGROUP INC	353,412	$18,399	14.1%	$48.91	+0.9%	COM NEW	172967424
BNS	BANK N S HALIFAX	365,170	$18,202	14.0%	$37.53	-1.8%	COM	064149107
GS	GOLDMAN SACHS GROUP INC	89,700	$14,984	11.5%	$170.43	+0.3%	COM	38141G104
MCK	MCKESSON CORP	131,700	$14,549	11.2%	$118.11	0.0%	COM	58155Q103
CM	CDN IMPERIAL BK COMM TORONTO	132,538	$9,871	7.6%	$29.97	+0.8%	COM	136069101
—	BROOKFIELD PPTY PARTNERS L P	140,715	$2,270	1.7%	$21.76	—	UNIT LTD PARTN	G16249107
RY	ROYAL BK CDA MONTREAL QUE	26,400	$1,807	1.4%	$71.29	+2.4%	COM	780087102
BMO	BANK MONTREAL QUE	19,710	$1,288	1.0%	$49.10	+11.5%	COM	063671101
BTE	BAYTEX ENERGY CORP	676,319	$1,194	0.9%	$6.62	-70.6%	COM	07317Q105
LILAK	LIBERTY LATIN AMERICA LTD	80,961	$1,173	0.9%	$20.25	-16.2%	COM CL C	G9001E128
ARCC	ARES CAP CORP	74,236	$1,157	0.9%	$5.79	+44.4%	COM	04010L103
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,534	$1,130	0.9%	$189.88	+10.0%	CL B NEW	084670702
—	CRESCENT PT ENERGY CORP	269,995	$819	0.6%	$15.86	—	COM	22576C101
IVZ	INVESCO LTD	43,100	$721	0.6%	$22.06	-35.7%	SHS	G491BT108
—	OAKTREE STRATEGIC INCOME COR	54,000	$418	0.3%	$8.40	—	COM	67402D104
JPM	JPMORGAN CHASE & CO	4,273	$417	0.3%	$45.31	+93.2%	COM	46625H100
—	BHP GROUP PLC	9,138	$383	0.3%	$47.18	—	SPONSORED ADR	05545E209
VOO	VANGUARD INDEX FDS	1,580	$363	0.3%	$241.77	—	S&P 500 ETF SHS	922908363
—	ROYAL DUTCH SHELL PLC	6,217	$362	0.3%	$58.16	—	SPONS ADR A	780259206
—	BLACKROCK CAPITAL INVESTMENT	68,000	$360	0.3%	$6.93	—	COM	092533108
BAC	BANK AMER CORP	14,000	$345	0.3%	$10.79	+111.3%	COM	060505104
LILA	LIBERTY LATIN AMERICA LTD	21,401	$310	0.2%	$20.27	-16.1%	COM CL A	G9001E102
—	BROOKFIELD ASSET MGMT INC	7,953	$305	0.2%	$34.90	—	CL A LTD VT SH	112585104
BCS	BARCLAYS PLC	40,343	$304	0.2%	$16.62	—	ADR	06738E204
—	ROYAL BK SCOTLAND GROUP PLC	50,000	$279	0.2%	$8.09	—	SPONS ADR 2 ORD	780097689
BBU	BROOKFIELD BUSINESS PARTNERS	7,525	$229	0.2%	$26.41	—	UNIT LTD LP	G16234109
NOMD	NOMAD FOODS LTD	11,430	$191	0.1%	$11.58	+64.2%	USD ORD SHS	G6564A105
—	ALCENTRA CAP CORP	26,000	$168	0.1%	$10.04	—	COM	01374T102
ING	ING GROEP N V	14,000	$149	0.1%	$10.65	—	SPONSORED ADR	456837103