Portland Investment Counsel Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Magna International
MGA
|
+$17.5M |
| 2 |
Marathon Petroleum
MPC
|
+$10M |
| 3 |
Citigroup
C
|
+$9.26M |
| 4 |
Lumen
LUMN
|
+$8.34M |
| 5 |
Phillips 66
PSX
|
+$4.92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toronto Dominion Bank
TD
|
+$4.96M |
| 2 |
Royal Bank of Canada
RY
|
+$2.09M |
| 3 |
Fortis
FTS
|
+$1.59M |
| 4 |
Goldman Sachs
GS
|
+$955K |
| 5 |
iShares MSCI World ETF
URTH
|
+$744K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 44.34% |
| 2 | Consumer Discretionary | 21.72% |
| 3 | Communication Services | 12.63% |
| 4 | Energy | 10.77% |
| 5 | Healthcare | 3.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BBU
26
DELISTED
Brookfield Business Partners
BBU
| $422K | 0.53% |
+24,886
| New | +$604K |
|
27
Ares Management
ARES
$32.1B
| $403K | 0.51% |
+13,027
| New | +$456K |
|
28
Wabtec
WAB
$49.9B
| $347K | 0.44% |
+7,200
| New | +$494K |
|
29
Repligen
RGEN
$9.35B
| $333K | 0.42% |
+3,445
| New | +$333K |
|
30
Barclays
BCS
$94.4B
| $113K | 0.14% |
25,000
-3,000
| -11% | -$23.2K |
|
31
Baytex Energy
BTE
$3.05B
| $98K | 0.12% |
382,180
-219,139
| -36% | -$202K |
|
|
VRN
32
DELISTED
Veren
VRN
| $95K | 0.12% |
117,070
-210,231
| -64% | -$581K |
|
33
ING
ING
$102B
| $64K | 0.08% |
12,500
-1,500
| -11% | -$14.5K |
|
|
34
Fortis
FTS
$28.7B
| – | – |
-38,352
| Closed | -$1.59M |
|
35
Liberty Latin America Class A
LILA
$1.69B
| – | – |
-23,638
| Closed | -$292K |
|
|
36
Royal Bank of Canada
RY
$297B
| – | – |
-26,400
| Closed | -$2.09M |
|
|
37
iShares MSCI World ETF
URTH
$8.35B
| – | – |
-7,530
| Closed | -$744K |
|
Similar funds
Portland Investment Counsel's Q1 2020 Portfolio in Review
As of Q1 2020, Portland Investment Counsel held 37 positions worth $79.6M, up 6.2% from $74.9M the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Portland Investment Counsel deployed $45.4M of net new capital in Q1 2020, opening 13 new positions and adding to 5 existing holdings. Its largest new stake was Marathon Petroleum: 217,300 shares worth $5.13M.
By sector, the portfolio is most concentrated in Financials at 44% of assets, down from 69% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Toronto Dominion Bank, an estimated $4.96M trimmed.
- Portland Investment Counsel's largest Q1 2020 buy was Marathon Petroleum: 217,300 shares worth $5.13M.
- Portland Investment Counsel added most to Magna International in Q1 2020, an estimated $17.5M increase.
- Portland Investment Counsel's biggest Q1 2020 reduction was Toronto Dominion Bank, cutting an estimated $4.96M.
- Portland Investment Counsel fully exited Royal Bank of Canada in Q1 2020, selling an estimated $2.09M.
- Portland Investment Counsel's ten largest holdings make up 79% of its $79.6M portfolio in Q1 2020.
- Portland Investment Counsel opened 13 new positions and closed 4 in Q1 2020.
- Portland Investment Counsel's portfolio value rose 6.2% quarter-over-quarter to $79.6M.
Based on Portland Investment Counsel's 13F filing for Q1 2020, filed 15 May 2020.