North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 10, 2019

Total Value: $374M (100.0% shares, 0.0% debt)

Holdings (42)

CSCO CISCO SYSTEMS 7.0%

Value $26.19M Shares 485,000 Share Price $53.99 * Est. Cost/Share $27.97 Unrealized @ Report Date +57.0%

FSLR FIRST SOLAR INC 5.1%

Value $19.21M Shares 364,000 Share Price $52.78 Est. Cost/Share $55.40 Unrealized @ Report Date -4.6%

— CELGENE 4.5%

Value $16.81M Shares 178,000 Share Price $94.44 Est. Cost/Share $86.92 Unrealized @ Report Date —

INTC INTEL 4.5%

Value $16.76M Shares 312,000 Share Price $53.71 * Est. Cost/Share $36.55 Unrealized @ Report Date +27.2%

AEO AMERICAN EAGLE OUTFITTERS 3.9%

Value $14.77M Shares 666,000 Share Price $22.18 * Est. Cost/Share $13.01 Unrealized @ Report Date +42.4%

AMAT APPLIED MATERIALS 3.8%

Value $14.33M Shares 361,000 Share Price $39.70 * Est. Cost/Share $47.26 Unrealized @ Report Date -21.7%

CIEN CIENA 3.2%

Value $12.12M Shares 325,000 Share Price $37.28 Est. Cost/Share $21.20 Unrealized @ Report Date +76.2%

AMGN AMGEN 3.1%

Value $11.43M Shares 60,000 Share Price $190.42 * Est. Cost/Share $138.21 Unrealized @ Report Date +11.8%

ZBH ZIMMER BIOMET 3.0%

Value $11.05M Shares 87,000 Share Price $127.00 * Est. Cost/Share $105.33 Unrealized @ Report Date +11.5%

Value $10.71M Shares 403,000 Share Price $26.58 * Est. Cost/Share $26.72 Unrealized @ Report Date -4.0%

AAPL APPLE 2.9%

Value $10.69M Shares 56,000 Share Price $190.96 * Est. Cost/Share $39.08 Unrealized @ Report Date +16.0%

GILD GILEAD SCIENCES INC 2.8%

Value $10.39M Shares 160,000 Share Price $64.93 * Est. Cost/Share $55.54 Unrealized @ Report Date -9.7%

ABT ABBOTT 2.6%

Value $9.693M Shares 121,000 Share Price $80.11 * Est. Cost/Share $48.12 Unrealized @ Report Date +47.7%

JCI JOHNSON CONTROLS 2.5%

Value $9.44M Shares 256,000 Share Price $36.88 * Est. Cost/Share $31.16 Unrealized @ Report Date +2.8%

EA ELECTRONIC ARTS INC 2.5%

Value $9.408M Shares 93,000 Share Price $101.16 * Est. Cost/Share $96.10 Unrealized @ Report Date +2.8%

MSI MOTOROLA SOLUTIONS 2.5%

Value $9.366M Shares 67,000 Share Price $139.79 * Est. Cost/Share $99.23 Unrealized @ Report Date +29.5%

BSX BOSTON SCIENTIFIC 2.5%

Value $9.315M Shares 243,000 Share Price $38.33 Est. Cost/Share $27.58 Unrealized @ Report Date +39.2%

PFE PFIZER 2.5%

Value $9.199M Shares 217,000 Share Price $42.39 * Est. Cost/Share $23.85 Unrealized @ Report Date +23.7%

Value $9.142M Shares 471,000 Share Price $19.41 * Est. Cost/Share $16.80 Unrealized @ Report Date -8.2%

FDX FEDEX CORP 2.4%

Value $8.944M Shares 49,000 Share Price $182.53 * Est. Cost/Share $196.36 Unrealized @ Report Date -18.3%

TPICQ TPI COMPOSITES 2.3%

Value $8.783M Shares 307,000 Share Price $28.61 * Est. Cost/Share $23.90 Unrealized @ Report Date +23.9%

— CERNER 2.2%

Value $8.229M Shares 144,000 Share Price $57.15 Est. Cost/Share $64.55 Unrealized @ Report Date —

MLKN HERMAN MILLER 2.2%

Value $8.066M Shares 229,000 Share Price $35.22 * Est. Cost/Share $28.52 Unrealized @ Report Date +3.3%

— DSP GROUP 2.1%

Value $7.783M Shares 553,000 Share Price $14.07 Est. Cost/Share $12.51 Unrealized @ Report Date —

— SKECHERS 2.1%

Value $7.734M Shares 230,000 Share Price $33.63 Est. Cost/Share $27.61 Unrealized @ Report Date —

ITRI ITRON INC 2.0%

Value $7.666M Shares 164,000 Share Price $46.74 Est. Cost/Share $70.44 Unrealized @ Report Date -33.8%

TXN TEXAS INSTRUMENTS 1.8%

Value $6.838M Shares 64,000 Share Price $106.84 * Est. Cost/Share $77.65 Unrealized @ Report Date +12.8%

MSFT MICROSOFT 1.8%

Value $6.571M Shares 56,000 Share Price $117.34 * Est. Cost/Share $75.26 Unrealized @ Report Date +47.3%

ELV ANTHEM 1.7%

Value $6.259M Shares 22,000 Share Price $284.50 * Est. Cost/Share $191.44 Unrealized @ Report Date +37.0%

— CITRIX SYSTEMS 1.6%

Value $6.058M Shares 61,000 Share Price $99.31 Est. Cost/Share $88.14 Unrealized @ Report Date —

SEDG SOLAREDGE 1.6%

Value $5.955M Shares 158,000 Share Price $37.69 Est. Cost/Share $38.21 Unrealized @ Report Date -1.4%

— VARIAN MEDICAL SYSTEMS 1.6%

Value $5.803M Shares 41,000 Share Price $141.54 Est. Cost/Share $111.79 Unrealized @ Report Date —

Value $5.7M Shares 145,000 Share Price $39.31 * Est. Cost/Share $27.68 Unrealized @ Report Date +27.1%

ULTA ULTA BEAUTY 1.4%

Value $5.283M Shares 15,000 Share Price $352.20 Est. Cost/Share $216.39 Unrealized @ Report Date +61.2%

Value $5.251M Shares 141,000 Share Price $37.24 Est. Cost/Share $32.46 Unrealized @ Report Date —

BBY BEST BUY 1.3%

Value $4.974M Shares 70,000 Share Price $71.06 * Est. Cost/Share $49.67 Unrealized @ Report Date +10.2%

FBIN FORTUNE BRANDS 1.3%

Value $4.949M Shares 104,000 Share Price $47.59 * Est. Cost/Share $33.84 Unrealized @ Report Date +8.5%

— LOGMEIN INC 1.2%

Value $4.462M Shares 56,000 Share Price $79.68 Est. Cost/Share $97.65 Unrealized @ Report Date —

VREX VAREX 1.1%

Value $4.221M Shares 125,000 Share Price $33.77 Est. Cost/Share $35.95 Unrealized @ Report Date -5.8%

URBN URBAN OUTFITTERS 0.6%

Value $2.179M Shares 74,000 Share Price $29.45 Est. Cost/Share $30.80 Unrealized @ Report Date -3.8%

— COHERENT 0.5%

Value $1.892M Shares 13,000 Share Price $145.54 Est. Cost/Share $176.85 Unrealized @ Report Date —

NOVT NOVANTA 0.2%

Value $763K Shares 9,000 Share Price $84.78 Est. Cost/Share $48.73 Unrealized @ Report Date +73.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CSCO	CISCO SYSTEMS	485,000	$26.19M	7.0%	$53.99 *	$27.97	+57.0%	COM	17275R102
FSLR	FIRST SOLAR INC	364,000	$19.21M	5.1%	$52.78	$55.40	-4.6%	COM	336433107
—	CELGENE	178,000	$16.81M	4.5%	$94.44	$86.92	—	COM	151020104
INTC	INTEL	312,000	$16.76M	4.5%	$53.71 *	$36.55	+27.2%	COM	458140100
AEO	AMERICAN EAGLE OUTFITTERS	666,000	$14.77M	3.9%	$22.18 *	$13.01	+42.4%	COM	02553E106
AMAT	APPLIED MATERIALS	361,000	$14.33M	3.8%	$39.70 *	$47.26	-21.7%	COM	038222105
CIEN	CIENA	325,000	$12.12M	3.2%	$37.28	$21.20	+76.2%	COM	171779309
AMGN	AMGEN	60,000	$11.43M	3.1%	$190.42 *	$138.21	+11.8%	COM	031162100
ZBH	ZIMMER BIOMET	87,000	$11.05M	3.0%	$127.00 *	$105.33	+11.5%	COM	98956P102
JBL	JABIL	403,000	$10.71M	2.9%	$26.58 *	$26.72	-4.0%	COM	466313103
AAPL	APPLE	56,000	$10.69M	2.9%	$190.96 *	$39.08	+16.0%	COM	037833100
GILD	GILEAD SCIENCES INC	160,000	$10.39M	2.8%	$64.93 *	$55.54	-9.7%	COM	375558103
ABT	ABBOTT	121,000	$9.693M	2.6%	$80.11 *	$48.12	+47.7%	COM	002824100
JCI	JOHNSON CONTROLS	256,000	$9.44M	2.5%	$36.88 *	$31.16	+2.8%	COM	G51502105
EA	ELECTRONIC ARTS INC	93,000	$9.408M	2.5%	$101.16 *	$96.10	+2.8%	COM	285512109
MSI	MOTOROLA SOLUTIONS	67,000	$9.366M	2.5%	$139.79 *	$99.23	+29.5%	COM	620076307
BSX	BOSTON SCIENTIFIC	243,000	$9.315M	2.5%	$38.33	$27.58	+39.2%	COM	101137107
PFE	PFIZER	217,000	$9.199M	2.5%	$42.39 *	$23.85	+23.7%	COM	717081103
HPQ	HP	471,000	$9.142M	2.4%	$19.41 *	$16.80	-8.2%	COM	40434L105
FDX	FEDEX CORP	49,000	$8.944M	2.4%	$182.53 *	$196.36	-18.3%	COM	31428X106
TPICQ	TPI COMPOSITES	307,000	$8.783M	2.3%	$28.61 *	$23.90	+23.9%	COM	87266J104
—	CERNER	144,000	$8.229M	2.2%	$57.15	$64.55	—	COM	156782104
MLKN	HERMAN MILLER	229,000	$8.066M	2.2%	$35.22 *	$28.52	+3.3%	COM	600544100
—	DSP GROUP	553,000	$7.783M	2.1%	$14.07	$12.51	—	COM	23332B106
—	SKECHERS	230,000	$7.734M	2.1%	$33.63	$27.61	—	COM	830566105
ITRI	ITRON INC	164,000	$7.666M	2.0%	$46.74	$70.44	-33.8%	COM	465741106
TXN	TEXAS INSTRUMENTS	64,000	$6.838M	1.8%	$106.84 *	$77.65	+12.8%	COM	882508104
MSFT	MICROSOFT	56,000	$6.571M	1.8%	$117.34 *	$75.26	+47.3%	COM	594918104
ELV	ANTHEM	22,000	$6.259M	1.7%	$284.50 *	$191.44	+37.0%	COM	036752103
—	CITRIX SYSTEMS	61,000	$6.058M	1.6%	$99.31	$88.14	—	COM	177376100
SEDG	SOLAREDGE	158,000	$5.955M	1.6%	$37.69	$38.21	-1.4%	COM	83417M104
—	VARIAN MEDICAL SYSTEMS	41,000	$5.803M	1.6%	$141.54	$111.79	—	COM	92220P105
MAS	MASCO	145,000	$5.7M	1.5%	$39.31 *	$27.68	+27.1%	COM	574599106
ULTA	ULTA BEAUTY	15,000	$5.283M	1.4%	$352.20	$216.39	+61.2%	COM	90384S303
—	II-VI	141,000	$5.251M	1.4%	$37.24	$32.46	—	COM	902104108
BBY	BEST BUY	70,000	$4.974M	1.3%	$71.06 *	$49.67	+10.2%	COM	086516101
FBIN	FORTUNE BRANDS	104,000	$4.949M	1.3%	$47.59 *	$33.84	+8.5%	COM	34964C106
—	LOGMEIN INC	56,000	$4.462M	1.2%	$79.68	$97.65	—	COM	54142L109
VREX	VAREX	125,000	$4.221M	1.1%	$33.77	$35.95	-5.8%	COM	92214X106
URBN	URBAN OUTFITTERS	74,000	$2.179M	0.6%	$29.45	$30.80	-3.8%	COM	917047102
—	COHERENT	13,000	$1.892M	0.5%	$145.54	$176.85	—	COM	192479103
NOVT	NOVANTA	9,000	$763K	0.2%	$84.78	$48.73	+73.9%	COM	67000B104