North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 8, 2019

Total Value: $404M (100.0% shares, 0.0% debt)

Holdings (46)

CSCO CISCO SYSTEMS 6.6%

Value $26.55M Shares 485,000 Share Price $54.73 * Est. Cost/Share $27.97 Unrealized @ Report Date +60.1%

FSLR FIRST SOLAR INC 5.9%

Value $23.88M Shares 364,000 Share Price $65.61 Est. Cost/Share $55.40 Unrealized @ Report Date +18.5%

AMAT APPLIED MATERIALS 4.0%

Value $16.23M Shares 361,000 Share Price $44.96 * Est. Cost/Share $47.26 Unrealized @ Report Date -10.9%

INTC INTEL 3.7%

Value $14.94M Shares 312,000 Share Price $47.88 * Est. Cost/Share $36.55 Unrealized @ Report Date +14.1%

CIEN CIENA 3.3%

Value $13.35M Shares 325,000 Share Price $41.07 Est. Cost/Share $21.20 Unrealized @ Report Date +94.0%

AEO AMERICAN EAGLE OUTFITTERS 3.2%

Value $13.12M Shares 776,000 Share Price $16.91 * Est. Cost/Share $13.58 Unrealized @ Report Date +4.6%

Value $12.73M Shares 403,000 Share Price $31.59 * Est. Cost/Share $26.72 Unrealized @ Report Date +14.4%

AAPL APPLE 2.8%

Value $11.14M Shares 56,000 Share Price $198.98 * Est. Cost/Share $39.08 Unrealized @ Report Date +21.4%

MSI MOTOROLA SOLUTIONS 2.8%

Value $11.12M Shares 67,000 Share Price $165.99 * Est. Cost/Share $99.23 Unrealized @ Report Date +54.3%

AMGN AMGEN 2.7%

Value $11.08M Shares 60,000 Share Price $184.72 * Est. Cost/Share $138.21 Unrealized @ Report Date +9.3%

GILD GILEAD SCIENCES INC 2.7%

Value $10.8M Shares 160,000 Share Price $67.47 * Est. Cost/Share $55.54 Unrealized @ Report Date -5.3%

JCI JOHNSON CONTROLS 2.6%

Value $10.56M Shares 256,000 Share Price $41.24 * Est. Cost/Share $31.16 Unrealized @ Report Date +15.7%

— CERNER 2.6%

Value $10.54M Shares 144,000 Share Price $73.22 Est. Cost/Share $64.55 Unrealized @ Report Date —

BSX BOSTON SCIENTIFIC 2.6%

Value $10.43M Shares 243,000 Share Price $42.93 Est. Cost/Share $27.58 Unrealized @ Report Date +55.8%

ITRI ITRON INC 2.5%

Value $10.28M Shares 164,000 Share Price $62.70 Est. Cost/Share $70.44 Unrealized @ Report Date -11.2%

MLKN HERMAN MILLER 2.5%

Value $10.25M Shares 229,000 Share Price $44.75 * Est. Cost/Share $28.52 Unrealized @ Report Date +32.0%

ABT ABBOTT 2.5%

Value $10.2M Shares 121,000 Share Price $84.27 * Est. Cost/Share $48.12 Unrealized @ Report Date +56.0%

ZBH ZIMMER BIOMET 2.5%

Value $10.19M Shares 87,000 Share Price $117.09 * Est. Cost/Share $105.33 Unrealized @ Report Date +3.0%

SEDG SOLAREDGE 2.4%

Value $9.872M Shares 158,000 Share Price $62.48 Est. Cost/Share $38.21 Unrealized @ Report Date +63.5%

Value $9.782M Shares 471,000 Share Price $20.77 * Est. Cost/Share $16.80 Unrealized @ Report Date -1.0%

PFE PFIZER 2.3%

Value $9.383M Shares 217,000 Share Price $43.24 * Est. Cost/Share $23.85 Unrealized @ Report Date +27.3%

EA ELECTRONIC ARTS INC 2.3%

Value $9.374M Shares 93,000 Share Price $100.80 * Est. Cost/Share $96.10 Unrealized @ Report Date +2.5%

FDX FEDEX CORP 2.0%

Value $8.095M Shares 49,000 Share Price $165.20 * Est. Cost/Share $196.36 Unrealized @ Report Date -25.8%

— DSP GROUP 2.0%

Value $7.943M Shares 553,000 Share Price $14.36 Est. Cost/Share $12.51 Unrealized @ Report Date —

TPICQ TPI COMPOSITES 1.9%

Value $7.586M Shares 307,000 Share Price $24.71 * Est. Cost/Share $23.90 Unrealized @ Report Date +7.0%

MSFT MICROSOFT 1.8%

Value $7.464M Shares 56,000 Share Price $133.29 * Est. Cost/Share $75.26 Unrealized @ Report Date +67.9%

TXN TEXAS INSTRUMENTS 1.8%

Value $7.399M Shares 64,000 Share Price $115.61 * Est. Cost/Share $77.65 Unrealized @ Report Date +22.9%

Value $7.286M Shares 199,000 Share Price $36.61 Est. Cost/Share $33.67 Unrealized @ Report Date —

— SKECHERS 1.8%

Value $7.246M Shares 230,000 Share Price $31.50 Est. Cost/Share $27.61 Unrealized @ Report Date —

ELV ANTHEM 1.5%

Value $6.155M Shares 22,000 Share Price $279.77 * Est. Cost/Share $191.44 Unrealized @ Report Date +35.1%

— CITRIX SYSTEMS 1.5%

Value $5.966M Shares 61,000 Share Price $97.80 Est. Cost/Share $88.14 Unrealized @ Report Date —

FBIN FORTUNE BRANDS 1.5%

Value $5.939M Shares 104,000 Share Price $57.11 * Est. Cost/Share $33.84 Unrealized @ Report Date +30.8%

DIS WALT DISNEY 1.5%

Value $5.865M Shares 42,000 Share Price $139.64 * Est. Cost/Share $128.01 Unrealized @ Report Date +5.3%

Value $5.69M Shares 145,000 Share Price $39.24 * Est. Cost/Share $27.68 Unrealized @ Report Date +27.2%

— VARIAN MEDICAL SYSTEMS 1.4%

Value $5.575M Shares 41,000 Share Price $135.98 Est. Cost/Share $111.79 Unrealized @ Report Date —

ULTA ULTA BEAUTY 1.3%

Value $5.255M Shares 15,000 Share Price $350.33 Est. Cost/Share $216.39 Unrealized @ Report Date +60.3%

BBY BEST BUY 1.2%

Value $4.881M Shares 70,000 Share Price $69.73 * Est. Cost/Share $49.67 Unrealized @ Report Date +9.0%

— FOOT LOCKER 1.2%

Value $4.699M Shares 112,000 Share Price $41.96 Est. Cost/Share $41.96 Unrealized @ Report Date —

URBN URBAN OUTFITTERS 1.2%

Value $4.677M Shares 206,000 Share Price $22.70 Est. Cost/Share $28.42 Unrealized @ Report Date -19.9%

BMY BRISTOL-MYERS SQUIBB 1.1%

Value $4.626M Shares 102,000 Share Price $45.35 * Est. Cost/Share $36.12 Unrealized @ Report Date -2.6%

— LOGMEIN INC 1.0%

Value $4.105M Shares 56,000 Share Price $73.30 Est. Cost/Share $97.65 Unrealized @ Report Date —

VREX VAREX 0.9%

Value $3.818M Shares 125,000 Share Price $30.54 Est. Cost/Share $35.95 Unrealized @ Report Date -14.7%

WTS WATTS WATER 0.7%

Value $2.632M Shares 28,000 Share Price $94.00 Est. Cost/Share $85.37 Unrealized @ Report Date +9.2%

— JACOBS ENGINEERING 0.6%

Value $2.565M Shares 30,000 Share Price $85.50 Est. Cost/Share $85.50 Unrealized @ Report Date —

— COHERENT 0.5%

Value $1.821M Shares 13,000 Share Price $140.08 Est. Cost/Share $176.85 Unrealized @ Report Date —

NOVT NOVANTA 0.2%

Value $849K Shares 9,000 Share Price $94.33 Est. Cost/Share $48.73 Unrealized @ Report Date +93.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CSCO	CISCO SYSTEMS	485,000	$26.55M	6.6%	$54.73 *	$27.97	+60.1%	COM	17275R102
FSLR	FIRST SOLAR INC	364,000	$23.88M	5.9%	$65.61	$55.40	+18.5%	COM	336433107
AMAT	APPLIED MATERIALS	361,000	$16.23M	4.0%	$44.96 *	$47.26	-10.9%	COM	038222105
INTC	INTEL	312,000	$14.94M	3.7%	$47.88 *	$36.55	+14.1%	COM	458140100
CIEN	CIENA	325,000	$13.35M	3.3%	$41.07	$21.20	+94.0%	COM	171779309
AEO	AMERICAN EAGLE OUTFITTERS	776,000	$13.12M	3.2%	$16.91 *	$13.58	+4.6%	COM	02553E106
JBL	JABIL	403,000	$12.73M	3.2%	$31.59 *	$26.72	+14.4%	COM	466313103
AAPL	APPLE	56,000	$11.14M	2.8%	$198.98 *	$39.08	+21.4%	COM	037833100
MSI	MOTOROLA SOLUTIONS	67,000	$11.12M	2.8%	$165.99 *	$99.23	+54.3%	COM	620076307
AMGN	AMGEN	60,000	$11.08M	2.7%	$184.72 *	$138.21	+9.3%	COM	031162100
GILD	GILEAD SCIENCES INC	160,000	$10.8M	2.7%	$67.47 *	$55.54	-5.3%	COM	375558103
JCI	JOHNSON CONTROLS	256,000	$10.56M	2.6%	$41.24 *	$31.16	+15.7%	COM	G51502105
—	CERNER	144,000	$10.54M	2.6%	$73.22	$64.55	—	COM	156782104
BSX	BOSTON SCIENTIFIC	243,000	$10.43M	2.6%	$42.93	$27.58	+55.8%	COM	101137107
ITRI	ITRON INC	164,000	$10.28M	2.5%	$62.70	$70.44	-11.2%	COM	465741106
MLKN	HERMAN MILLER	229,000	$10.25M	2.5%	$44.75 *	$28.52	+32.0%	COM	600544100
ABT	ABBOTT	121,000	$10.2M	2.5%	$84.27 *	$48.12	+56.0%	COM	002824100
ZBH	ZIMMER BIOMET	87,000	$10.19M	2.5%	$117.09 *	$105.33	+3.0%	COM	98956P102
SEDG	SOLAREDGE	158,000	$9.872M	2.4%	$62.48	$38.21	+63.5%	COM	83417M104
HPQ	HP	471,000	$9.782M	2.4%	$20.77 *	$16.80	-1.0%	COM	40434L105
PFE	PFIZER	217,000	$9.383M	2.3%	$43.24 *	$23.85	+27.3%	COM	717081103
EA	ELECTRONIC ARTS INC	93,000	$9.374M	2.3%	$100.80 *	$96.10	+2.5%	COM	285512109
FDX	FEDEX CORP	49,000	$8.095M	2.0%	$165.20 *	$196.36	-25.8%	COM	31428X106
—	DSP GROUP	553,000	$7.943M	2.0%	$14.36	$12.51	—	COM	23332B106
TPICQ	TPI COMPOSITES	307,000	$7.586M	1.9%	$24.71 *	$23.90	+7.0%	COM	87266J104
MSFT	MICROSOFT	56,000	$7.464M	1.8%	$133.29 *	$75.26	+67.9%	COM	594918104
TXN	TEXAS INSTRUMENTS	64,000	$7.399M	1.8%	$115.61 *	$77.65	+22.9%	COM	882508104
—	II-VI	199,000	$7.286M	1.8%	$36.61	$33.67	—	COM	902104108
—	SKECHERS	230,000	$7.246M	1.8%	$31.50	$27.61	—	COM	830566105
ELV	ANTHEM	22,000	$6.155M	1.5%	$279.77 *	$191.44	+35.1%	COM	036752103
—	CITRIX SYSTEMS	61,000	$5.966M	1.5%	$97.80	$88.14	—	COM	177376100
FBIN	FORTUNE BRANDS	104,000	$5.939M	1.5%	$57.11 *	$33.84	+30.8%	COM	34964C106
DIS	WALT DISNEY	42,000	$5.865M	1.5%	$139.64 *	$128.01	+5.3%	COM	254687106
MAS	MASCO	145,000	$5.69M	1.4%	$39.24 *	$27.68	+27.2%	COM	574599106
—	VARIAN MEDICAL SYSTEMS	41,000	$5.575M	1.4%	$135.98	$111.79	—	COM	92220P105
ULTA	ULTA BEAUTY	15,000	$5.255M	1.3%	$350.33	$216.39	+60.3%	COM	90384S303
BBY	BEST BUY	70,000	$4.881M	1.2%	$69.73 *	$49.67	+9.0%	COM	086516101
—	FOOT LOCKER	112,000	$4.699M	1.2%	$41.96	$41.96	—	COM	344849104
URBN	URBAN OUTFITTERS	206,000	$4.677M	1.2%	$22.70	$28.42	-19.9%	COM	917047102
BMY	BRISTOL-MYERS SQUIBB	102,000	$4.626M	1.1%	$45.35 *	$36.12	-2.6%	COM	110122108
—	LOGMEIN INC	56,000	$4.105M	1.0%	$73.30	$97.65	—	COM	54142L109
VREX	VAREX	125,000	$3.818M	0.9%	$30.54	$35.95	-14.7%	COM	92214X106
WTS	WATTS WATER	28,000	$2.632M	0.7%	$94.00	$85.37	+9.2%	COM	942749102
—	JACOBS ENGINEERING	30,000	$2.565M	0.6%	$85.50	$85.50	—	COM	469814107
—	COHERENT	13,000	$1.821M	0.5%	$140.08	$176.85	—	COM	192479103
NOVT	NOVANTA	9,000	$849K	0.2%	$94.33	$48.73	+93.5%	COM	67000B104