North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 12, 2019

Total Value: $358M (100.0% shares, 0.0% debt)

Holdings (43)

CSCO CISCO SYSTEMS 6.8%

Value $24.46M Shares 565,000 Share Price $43.29 * Est. Cost/Share $27.97 Unrealized @ Report Date +25.0%

INTC INTEL 5.0%

Value $17.91M Shares 382,000 Share Price $46.87 * Est. Cost/Share $36.55 Unrealized @ Report Date +10.5%

FSLR FIRST SOLAR INC 4.3%

Value $15.44M Shares 364,000 Share Price $42.41 Est. Cost/Share $55.40 Unrealized @ Report Date -23.4%

AAPL APPLE 4.2%

Value $14.89M Shares 94,000 Share Price $158.41 * Est. Cost/Share $39.08 Unrealized @ Report Date -4.1%

SEDG SOLAREDGE 3.7%

Value $13.28M Shares 378,000 Share Price $35.12 Est. Cost/Share $38.21 Unrealized @ Report Date -8.1%

AEO AMERICAN EAGLE OUTFITTERS 3.6%

Value $12.88M Shares 666,000 Share Price $19.34 * Est. Cost/Share $13.01 Unrealized @ Report Date +24.1%

AMAT APPLIED MATERIALS 3.3%

Value $11.83M Shares 361,000 Share Price $32.78 * Est. Cost/Share $47.26 Unrealized @ Report Date -35.7%

AMGN AMGEN 3.3%

Value $11.71M Shares 60,000 Share Price $195.12 * Est. Cost/Share $138.21 Unrealized @ Report Date +13.6%

— CELGENE 3.2%

Value $11.42M Shares 178,000 Share Price $64.16 Est. Cost/Share $86.92 Unrealized @ Report Date —

CIEN CIENA 3.1%

Value $11M Shares 325,000 Share Price $33.86 Est. Cost/Share $21.20 Unrealized @ Report Date +60.0%

ABT ABBOTT 3.0%

Value $10.63M Shares 147,000 Share Price $72.28 * Est. Cost/Share $48.12 Unrealized @ Report Date +33.0%

BSX BOSTON SCIENTIFIC 2.9%

Value $10.34M Shares 293,000 Share Price $35.30 Est. Cost/Share $27.58 Unrealized @ Report Date +28.1%

GILD GILEAD SCIENCES INC 2.8%

Value $9.995M Shares 160,000 Share Price $62.47 * Est. Cost/Share $55.54 Unrealized @ Report Date -14.0%

Value $9.988M Shares 403,000 Share Price $24.78 * Est. Cost/Share $26.72 Unrealized @ Report Date -10.8%

Value $9.626M Shares 471,000 Share Price $20.44 * Est. Cost/Share $16.80 Unrealized @ Report Date -4.2%

PFE PFIZER 2.6%

Value $9.455M Shares 217,000 Share Price $43.57 * Est. Cost/Share $23.85 Unrealized @ Report Date +26.0%

— FINISAR 2.5%

Value $8.996M Shares 417,000 Share Price $21.57 Est. Cost/Share $17.98 Unrealized @ Report Date —

ZBH ZIMMER BIOMET 2.5%

Value $8.974M Shares 87,000 Share Price $103.15 * Est. Cost/Share $105.33 Unrealized @ Report Date -9.6%

— DSP GROUP 2.5%

Value $8.93M Shares 797,000 Share Price $11.20 Est. Cost/Share $12.51 Unrealized @ Report Date —

FDX FEDEX CORP 2.2%

Value $7.954M Shares 49,000 Share Price $162.33 * Est. Cost/Share $196.36 Unrealized @ Report Date -27.6%

ELV ANTHEM 2.2%

Value $7.829M Shares 30,000 Share Price $260.97 * Est. Cost/Share $191.44 Unrealized @ Report Date +25.0%

ITRI ITRON INC 2.2%

Value $7.771M Shares 164,000 Share Price $47.38 Est. Cost/Share $70.44 Unrealized @ Report Date -32.9%

MSI MOTOROLA SOLUTIONS 2.1%

Value $7.673M Shares 67,000 Share Price $114.52 * Est. Cost/Share $99.23 Unrealized @ Report Date +5.6%

JCI JOHNSON CONTROLS 2.1%

Value $7.577M Shares 256,000 Share Price $29.60 * Est. Cost/Share $31.16 Unrealized @ Report Date -18.1%

TPICQ TPI COMPOSITES 2.1%

Value $7.543M Shares 307,000 Share Price $24.57 * Est. Cost/Share $23.90 Unrealized @ Report Date +6.4%

— CERNER 2.1%

Value $7.543M Shares 144,000 Share Price $52.38 Est. Cost/Share $64.55 Unrealized @ Report Date —

EA ELECTRONIC ARTS INC 2.0%

Value $7.305M Shares 93,000 Share Price $78.55 * Est. Cost/Share $96.10 Unrealized @ Report Date -20.2%

MLKN HERMAN MILLER 1.9%

Value $6.935M Shares 229,000 Share Price $30.28 * Est. Cost/Share $28.52 Unrealized @ Report Date -11.6%

— CITRIX SYSTEMS 1.7%

Value $6.229M Shares 61,000 Share Price $102.11 Est. Cost/Share $88.14 Unrealized @ Report Date —

TXN TEXAS INSTRUMENTS 1.7%

Value $6.092M Shares 64,000 Share Price $95.19 * Est. Cost/Share $77.65 Unrealized @ Report Date -0.2%

MSFT MICROSOFT 1.6%

Value $5.659M Shares 56,000 Share Price $101.05 * Est. Cost/Share $75.26 Unrealized @ Report Date +26.3%

— SKECHERS 1.5%

Value $5.267M Shares 230,000 Share Price $22.90 Est. Cost/Share $27.61 Unrealized @ Report Date —

— VARIAN MEDICAL SYSTEMS 1.3%

Value $4.64M Shares 41,000 Share Price $113.17 Est. Cost/Share $111.79 Unrealized @ Report Date —

Value $4.577M Shares 141,000 Share Price $32.46 Est. Cost/Share $32.46 Unrealized @ Report Date —

— LOGMEIN INC 1.3%

Value $4.544M Shares 56,000 Share Price $81.14 Est. Cost/Share $97.65 Unrealized @ Report Date —

Value $4.24M Shares 145,000 Share Price $29.24 * Est. Cost/Share $27.68 Unrealized @ Report Date -5.8%

FBIN FORTUNE BRANDS 1.1%

Value $3.949M Shares 104,000 Share Price $37.97 * Est. Cost/Share $33.84 Unrealized @ Report Date -13.8%

ULTA ULTA BEAUTY 1.0%

Value $3.709M Shares 15,000 Share Price $247.27 Est. Cost/Share $216.39 Unrealized @ Report Date +13.1%

BBY BEST BUY 1.0%

Value $3.707M Shares 70,000 Share Price $52.96 * Est. Cost/Share $49.67 Unrealized @ Report Date -18.4%

VREX VAREX 0.8%

Value $2.95M Shares 125,000 Share Price $23.60 Est. Cost/Share $35.95 Unrealized @ Report Date -34.1%

— COHERENT 0.4%

Value $1.411M Shares 13,000 Share Price $108.54 Est. Cost/Share $176.85 Unrealized @ Report Date —

NOVT NOVANTA 0.2%

Value $567K Shares 9,000 Share Price $63.00 Est. Cost/Share $48.73 Unrealized @ Report Date +29.3%

— PIXELWORKS 0.0%

Value $98,000 Shares 34,000 Share Price $2.88 Est. Cost/Share $6.29 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CSCO	CISCO SYSTEMS	565,000	$24.46M	6.8%	$43.29 *	$27.97	+25.0%	COM	17275R102
INTC	INTEL	382,000	$17.91M	5.0%	$46.87 *	$36.55	+10.5%	COM	458140100
FSLR	FIRST SOLAR INC	364,000	$15.44M	4.3%	$42.41	$55.40	-23.4%	COM	336433107
AAPL	APPLE	94,000	$14.89M	4.2%	$158.41 *	$39.08	-4.1%	COM	037833100
SEDG	SOLAREDGE	378,000	$13.28M	3.7%	$35.12	$38.21	-8.1%	COM	83417M104
AEO	AMERICAN EAGLE OUTFITTERS	666,000	$12.88M	3.6%	$19.34 *	$13.01	+24.1%	COM	02553E106
AMAT	APPLIED MATERIALS	361,000	$11.83M	3.3%	$32.78 *	$47.26	-35.7%	COM	038222105
AMGN	AMGEN	60,000	$11.71M	3.3%	$195.12 *	$138.21	+13.6%	COM	031162100
—	CELGENE	178,000	$11.42M	3.2%	$64.16	$86.92	—	COM	151020104
CIEN	CIENA	325,000	$11M	3.1%	$33.86	$21.20	+60.0%	COM	171779309
ABT	ABBOTT	147,000	$10.63M	3.0%	$72.28 *	$48.12	+33.0%	COM	002824100
BSX	BOSTON SCIENTIFIC	293,000	$10.34M	2.9%	$35.30	$27.58	+28.1%	COM	101137107
GILD	GILEAD SCIENCES INC	160,000	$9.995M	2.8%	$62.47 *	$55.54	-14.0%	COM	375558103
JBL	JABIL	403,000	$9.988M	2.8%	$24.78 *	$26.72	-10.8%	COM	466313103
HPQ	HP	471,000	$9.626M	2.7%	$20.44 *	$16.80	-4.2%	COM	40434L105
PFE	PFIZER	217,000	$9.455M	2.6%	$43.57 *	$23.85	+26.0%	COM	717081103
—	FINISAR	417,000	$8.996M	2.5%	$21.57	$17.98	—	COM	31787A507
ZBH	ZIMMER BIOMET	87,000	$8.974M	2.5%	$103.15 *	$105.33	-9.6%	COM	98956P102
—	DSP GROUP	797,000	$8.93M	2.5%	$11.20	$12.51	—	COM	23332B106
FDX	FEDEX CORP	49,000	$7.954M	2.2%	$162.33 *	$196.36	-27.6%	COM	31428X106
ELV	ANTHEM	30,000	$7.829M	2.2%	$260.97 *	$191.44	+25.0%	COM	036752103
ITRI	ITRON INC	164,000	$7.771M	2.2%	$47.38	$70.44	-32.9%	COM	465741106
MSI	MOTOROLA SOLUTIONS	67,000	$7.673M	2.1%	$114.52 *	$99.23	+5.6%	COM	620076307
JCI	JOHNSON CONTROLS	256,000	$7.577M	2.1%	$29.60 *	$31.16	-18.1%	COM	G51502105
TPICQ	TPI COMPOSITES	307,000	$7.543M	2.1%	$24.57 *	$23.90	+6.4%	COM	87266J104
—	CERNER	144,000	$7.543M	2.1%	$52.38	$64.55	—	COM	156782104
EA	ELECTRONIC ARTS INC	93,000	$7.305M	2.0%	$78.55 *	$96.10	-20.2%	COM	285512109
MLKN	HERMAN MILLER	229,000	$6.935M	1.9%	$30.28 *	$28.52	-11.6%	COM	600544100
—	CITRIX SYSTEMS	61,000	$6.229M	1.7%	$102.11	$88.14	—	COM	177376100
TXN	TEXAS INSTRUMENTS	64,000	$6.092M	1.7%	$95.19 *	$77.65	-0.2%	COM	882508104
MSFT	MICROSOFT	56,000	$5.659M	1.6%	$101.05 *	$75.26	+26.3%	COM	594918104
—	SKECHERS	230,000	$5.267M	1.5%	$22.90	$27.61	—	COM	830566105
—	VARIAN MEDICAL SYSTEMS	41,000	$4.64M	1.3%	$113.17	$111.79	—	COM	92220P105
—	II-VI	141,000	$4.577M	1.3%	$32.46	$32.46	—	COM	902104108
—	LOGMEIN INC	56,000	$4.544M	1.3%	$81.14	$97.65	—	COM	54142L109
MAS	MASCO	145,000	$4.24M	1.2%	$29.24 *	$27.68	-5.8%	COM	574599106
FBIN	FORTUNE BRANDS	104,000	$3.949M	1.1%	$37.97 *	$33.84	-13.8%	COM	34964C106
ULTA	ULTA BEAUTY	15,000	$3.709M	1.0%	$247.27	$216.39	+13.1%	COM	90384S303
BBY	BEST BUY	70,000	$3.707M	1.0%	$52.96 *	$49.67	-18.4%	COM	086516101
VREX	VAREX	125,000	$2.95M	0.8%	$23.60	$35.95	-34.1%	COM	92214X106
—	COHERENT	13,000	$1.411M	0.4%	$108.54	$176.85	—	COM	192479103
NOVT	NOVANTA	9,000	$567K	0.2%	$63.00	$48.73	+29.3%	COM	67000B104
—	PIXELWORKS	34,000	$98,000	0.0%	$2.88	$6.29	—	COM	72581M305