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Portfolio (Quarterly) Guide ↗

PORTLAND INVESTMENT COUNSEL INC.

· CIK 0001081668
13F Portfolio $312M AUM 55 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 6 New 20 Added 3 Reduced 4 Exited
Page 3 of 3  ·  55 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 COIN COINBASE GLOBAL INC Financial Services 3,905.0 $682K 0.22% +768.0 +24.5% $174.61 +3.1%
42 AMGEN INC 1,500.0 $528K 0.17% $351.85
43 REGN REGENERON PHARMACEUTICALS Healthcare 654.0 $505K 0.16% NEW $772.64 -17.9%
44 IOVA IOVANCE BIOTHERAPEUTICS INC Healthcare 130,000.0 $456K 0.15% $3.51 +16.8%
45 ICLR ICON PLC Healthcare 3,000.0 $332K 0.11% $110.66 +2.9%
46 PANW PALO ALTO NETWORKS INC Technology 1,796.0 $288K 0.09% NEW $160.32 +60.1%
47 CRWD CROWDSTRIKE HLDGS INC Technology 716.0 $280K 0.09% NEW $390.41 +72.0%
48 PLTR PALANTIR TECHNOLOGIES INC Technology 1,895.0 $277K 0.09% NEW $146.28 -6.6%
49 ZS ZSCALER INC Technology 1,679.0 $236K 0.08% NEW $140.29 +31.4%
50 NUVL NUVALENT INC Healthcare 2,000.0 $205K 0.07% $102.45 +2.4%
51 ARVN ARVINAS INC Healthcare 14,000.0 $148K 0.05% $10.60 -15.8%
52 SDGR SCHRODINGER INC Healthcare 10,000.0 $114K 0.04% $11.36 +15.8%
53 PLUG PLUG POWER INC Industrials 50,000.0 $113K 0.04% $2.26 +69.9%
54 RLAY RELAY THERAPEUTICS INC Healthcare 10,000.0 $100K 0.03% $9.95 +42.4%
55 BCYC BICYCLE THERAPEUTICS PLC Healthcare 15,000.0 $70K 0.02% $4.64 -1.5%
Page 3 of 3  ·  55 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 27.4%
Communication Services 23.2%
Financial Services 21.3%
Utilities 16.0%
Technology 3.4%
Industrials 3.1%
Energy 3.0%
Consumer Cyclical 2.7%