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Portfolio (Quarterly) Guide ↗

PORTLAND INVESTMENT COUNSEL INC.

· CIK 0001081668
13F Portfolio $332M AUM Filed Feb 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 53 New
Page 3 of 3  ·  53 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 COIN COINBASE GLOBAL INC Financial Services 3,137.0 $727K 0.22% NEW $231.60 -21.5%
42 PERSPECTIVE THERAPEUTICS INC 250,000.0 $688K 0.21% NEW $2.75
43 LILAK LIBERTY LATIN AMERICA LTD Communication Services 82,703.0 $619K 0.19% NEW $7.48 +9.0%
44 ICLR ICON PLC Healthcare 3,000.0 $547K 0.17% NEW $182.22 -37.3%
45 LILA LIBERTY LATIN AMERICA LTD Communication Services 71,100.0 $526K 0.16% NEW $7.40 +8.5%
46 AMGEN INC 1,500.0 $491K 0.15% NEW $327.31
47 IOVA IOVANCE BIOTHERAPEUTICS INC Healthcare 130,000.0 $355K 0.11% NEW $2.73 +46.5%
48 NUVL NUVALENT INC Healthcare 2,000.0 $201K 0.06% NEW $100.59 +3.6%
49 SDGR SCHRODINGER INC Healthcare 10,000.0 $179K 0.05% NEW $17.88 -25.8%
50 ARVN ARVINAS INC Healthcare 14,000.0 $166K 0.05% NEW $11.86 -24.7%
51 BCYC BICYCLE THERAPEUTICS PLC Healthcare 15,000.0 $106K 0.03% NEW $7.08 -35.7%
52 PLUG PLUG POWER INC Industrials 50,000.0 $98K 0.03% NEW $1.97 +101.6%
53 RLAY RELAY THERAPEUTICS INC Healthcare 10,000.0 $85K 0.03% NEW $8.46 +65.2%
Page 3 of 3  ·  53 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 27.5%
Utilities 20.9%
Financial Services 18.8%
Communication Services 17.7%
Basic Materials 5.7%
Consumer Cyclical 2.6%
Technology 2.5%
Energy 2.4%
Industrials 2.0%