# PORTLAND INVESTMENT COUNSEL INC.: Form 13F holdings

An institutional investment manager in BURLINGTON. SEC CIK 1081668.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $357.9m
- Positions: 58 (58 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1081668/000108166826000008/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [THE CIGNA GROUP (CI)](/companies/ci.md) | COM | $62.3m | 17.4% | 226,000 |  | Added +153,800 |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL B NEW | $48.3m | 13.5% | 96,477 |  | Reduced −8,400 |
| [VERIZON COMMUNICATIONS INC (VZ)](/companies/vz.md) | COM | $37.9m | 10.6% | 894,200 |  | Added +29,200 |
| [SOUTH BOW CORP (SOBO)](/companies/sobo.md) | COM | $33.5m | 9.4% | 951,824 |  | Reduced −18,237 |
| [OKLO INC (OKLO)](/companies/oklo.md) | COM CL A | $30.8m | 8.6% | 589,480 |  | Unchanged |
| [TORONTO DOMINION BK ONT (TD)](/companies/td.md) | COM NEW | $22.7m | 6.3% | 186,700 |  | Reduced −5,300 |
| [BROOKFIELD ASSET MANAGMT LTD (BAM)](/companies/bam.md) | CL A LMT VTG SHS | $18.9m | 5.3% | 422,387 |  | Unchanged |
| [ARES MANAGEMENT CORPORATION (ARES)](/companies/ares.md) | CL A COM STK | $13.5m | 3.8% | 121,074 |  | Unchanged |
| [DANAHER CORPORATION (DHR)](/companies/dhr.md) | COM | $11.9m | 3.3% | 62,654 |  | Unchanged |
| [UBER TECHNOLOGIES INC (UBER)](/companies/uber.md) | COM | $8.7m | 2.4% | 120,500 |  | New +120,500 |
| [BROOKFIELD CORP (BN)](/companies/bn.md) | CL A LTD VT SH | $4.8m | 1.3% | 112,663 |  | Unchanged |
| CARNIVAL CORP | COMMON STOCK | $4.0m | 1.1% | 139,602 |  | Unchanged |
| [BLOOM ENERGY CORP (BE)](/companies/be.md) | COM CL A | $3.6m | 1.0% | 12,000 |  | Reduced −6,000 |
| [CAMECO CORP (CCJ)](/companies/ccj.md) | COM | $3.3m | 0.9% | 32,500 |  | Unchanged |
| [BANK NOVA SCOTIA B C (BNS)](/companies/bns.md) | COM | $3.3m | 0.9% | 37,800 |  | Unchanged |
| SPDR SER TR | BLOOMBERG 1-3 MO | $3.2m | 0.9% | 34,524 |  | Added +18,750 |
| [TELIX PHARMACEUTICAL LTD (TLX)](/companies/tlx.md) | SPONSORED ADS | $3.1m | 0.9% | 266,200 |  | Unchanged |
| [RADNET INC (RDNT)](/companies/rdnt.md) | COM | $2.6m | 0.7% | 42,000 |  | Unchanged |
| [CENTRUS ENERGY CORP (LEU)](/companies/leu.md) | CL A | $2.5m | 0.7% | 14,750 |  | Unchanged |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $2.4m | 0.7% | 6,787 |  | Unchanged |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $2.3m | 0.6% | 11,300 |  | Unchanged |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $2.2m | 0.6% | 7,535 |  | Unchanged |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $2.1m | 0.6% | 8,825 |  | Unchanged |
| [GOLDMAN SACHS GROUP INC (GS)](/companies/gs.md) | COM | $2.1m | 0.6% | 2,078 |  | Reduced −200 |
| [LANTHEUS HLDGS INC (LNTH)](/companies/lnth.md) | COM | $2.0m | 0.6% | 18,000 |  | Unchanged |
| [BWX TECHNOLOGIES INC (BWXT)](/companies/bwxt.md) | COM | $1.9m | 0.5% | 10,000 |  | Unchanged |
| [JPMORGAN CHASE & CO (JPM)](/companies/jpm.md) | COM | $1.9m | 0.5% | 5,752 |  | Unchanged |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $1.8m | 0.5% | 3,257 |  | Unchanged |
| [GE VERNOVA INC (GEV)](/companies/gev.md) | COM | $1.8m | 0.5% | 1,500 |  | Unchanged |
| [ELI LILLY & CO (LLY)](/companies/lly.md) | COM | $1.7m | 0.5% | 1,458 |  | Unchanged |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $1.2m | 0.3% | 3,279 |  | Unchanged |
| [X-ENERGY INC (XE)](/companies/xe.md) | COM CL A | $1.1m | 0.3% | 60,000 |  | New +60,000 |
| [NUSCALE PWR CORP (SMR)](/companies/smr.md) | CL A COM | $1.1m | 0.3% | 105,000 |  | Unchanged |
| [SYSCO CORP (SYY)](/companies/syy.md) | COM | $1.0m | 0.3% | 12,125 |  | New +12,125 |
| [HEICO CORP (HEI)](/companies/hei.md) | COM | $994.5k | 0.3% | 2,792 |  | Unchanged |
| [UNITED PARCEL SERVICE INC (UPS)](/companies/ups.md) | COM | $978.3k | 0.3% | 9,100 |  | Unchanged |
| [MASTERCARD INCORPORATED (MA)](/companies/ma.md) | CL A | $863.9k | 0.2% | 1,682 |  | Unchanged |
| [BEONE MEDICINES LTD (ONC)](/companies/onc.md) | SPONSORED ADS | $854.9k | 0.2% | 3,000 |  | Unchanged |
| PERSPECTIVE THERAPEUTICS INC | COM | $852.5k | 0.2% | 250,000 |  | Unchanged |
| [CONSTELLATION ENERGY CORP (CEG)](/companies/ceg.md) | COM | $844.5k | 0.2% | 3,400 |  | Unchanged |
| [SPACE EXPLORATION TECHN CORP (SPCX)](/companies/spcx.md) | CLASS A COM STK | $693.7k | 0.2% | 4,060 |  | New +4,060 |
| [OLEMA PHARMACEUTICALS INC (OLMA)](/companies/olma.md) | COM | $625.5k | 0.2% | 50,000 |  | Unchanged |
| [PALO ALTO NETWORKS INC (PANW)](/companies/panw.md) | COM | $612.5k | 0.2% | 1,796 |  | Unchanged |
| [SALESFORCE INC (CRM)](/companies/crm.md) | COM | $607.1k | 0.2% | 3,875 |  | Unchanged |
| [COINBASE GLOBAL INC (COIN)](/companies/coin.md) | COM CL A | $570.9k | 0.2% | 3,905 |  | Unchanged |
| [CROWDSTRIKE HLDGS INC (CRWD)](/companies/crwd.md) | CL A | $546.4k | 0.2% | 716 |  | Unchanged |
| AMGEN INC | COM | $543.2k | 0.2% | 1,500 |  | Unchanged |
| [IOVANCE BIOTHERAPEUTICS INC (IOVA)](/companies/iova.md) | COM | $540.8k | 0.2% | 130,000 |  | Unchanged |
| ICON PLC | SHS | $521.1k | 0.1% | 3,000 |  | Unchanged |
| [REGENERON PHARMACEUTICALS (REGN)](/companies/regn.md) | COM | $407.8k | 0.1% | 654 |  | Unchanged |
| NUVALENT INC | COM | $247.0k | <0.1% | 2,000 |  | Unchanged |
| [ZSCALER INC (ZS)](/companies/zs.md) | COM | $237.0k | <0.1% | 1,679 |  | Unchanged |
| [PALANTIR TECHNOLOGIES INC (PLTR)](/companies/pltr.md) | CL A | $221.1k | <0.1% | 1,895 |  | Unchanged |
| [RELAY THERAPEUTICS INC (RLAY)](/companies/rlay.md) | COM | $187.1k | <0.1% | 10,000 |  | Unchanged |
| [SCHRODINGER INC (SDGR)](/companies/sdgr.md) | COM | $162.5k | <0.1% | 10,000 |  | Unchanged |
| [PLUG POWER INC (PLUG)](/companies/plug.md) | COM NEW | $135.5k | <0.1% | 50,000 |  | Unchanged |
| [ARVINAS INC (ARVN)](/companies/arvn.md) | COM | $116.3k | <0.1% | 14,000 |  | Unchanged |
| [BICYCLE THERAPEUTICS PLC (BCYC)](/companies/bcyc.md) | SPONSORED ADS | $63.6k | <0.1% | 15,000 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ELEVANCE HEALTH INC (ELV)](/companies/elv.md) | COM | $0 | 0.0% | 0 |  | Sold out −58,100 |

Source: SEC EDGAR, Form 13F-HR, accession 0001081668-26-000008. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.