North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 13, 2020

Total Value: $446M (100.0% shares, 0.0% debt)

Holdings (45)

CSCO CISCO SYSTEMS 5.2%

Value $23.34M Shares 487,000 Share Price $47.92 * Est. Cost/Share $27.97 Unrealized @ Report Date +42.3%

AMAT APPLIED MATERIALS 4.4%

Value $19.4M Shares 318,000 Share Price $61.00 * Est. Cost/Share $47.26 Unrealized @ Report Date +22.0%

INTC INTEL 4.2%

Value $18.73M Shares 313,000 Share Price $59.86 * Est. Cost/Share $36.55 Unrealized @ Report Date +44.4%

Value $16.74M Shares 405,000 Share Price $41.33 * Est. Cost/Share $26.72 Unrealized @ Report Date +50.3%

FSLR FIRST SOLAR INC 3.7%

Value $16.54M Shares 296,000 Share Price $55.86 Est. Cost/Share $55.40 Unrealized @ Report Date +1.0%

AAPL APPLE 3.7%

Value $16.53M Shares 56,000 Share Price $295.21 * Est. Cost/Share $39.08 Unrealized @ Report Date +81.3%

SEDG SOLAREDGE 3.4%

Value $15.03M Shares 158,000 Share Price $95.12 Est. Cost/Share $38.21 Unrealized @ Report Date +148.9%

AMGN AMGEN 3.3%

Value $14.6M Shares 61,000 Share Price $239.41 * Est. Cost/Share $138.53 Unrealized @ Report Date +44.7%

CIEN CIENA 3.1%

Value $14.02M Shares 328,000 Share Price $42.75 Est. Cost/Share $21.20 Unrealized @ Report Date +101.4%

ITRI ITRON INC 3.1%

Value $13.87M Shares 165,000 Share Price $84.07 Est. Cost/Share $70.44 Unrealized @ Report Date +19.2%

ZBH ZIMMER BIOMET 2.9%

Value $13.02M Shares 87,000 Share Price $149.67 * Est. Cost/Share $105.33 Unrealized @ Report Date +31.4%

AEO AMERICAN EAGLE OUTFITTERS 2.8%

Value $12.31M Shares 838,000 Share Price $14.70 * Est. Cost/Share $13.62 Unrealized @ Report Date -7.6%

— SKECHERS 2.6%

Value $11.58M Shares 268,000 Share Price $43.22 Est. Cost/Share $29.00 Unrealized @ Report Date —

GILD GILEAD SCIENCES INC 2.5%

Value $11.36M Shares 175,000 Share Price $64.91 * Est. Cost/Share $55.15 Unrealized @ Report Date -6.6%

BSX BOSTON SCIENTIFIC 2.5%

Value $10.97M Shares 243,000 Share Price $45.16 Est. Cost/Share $27.58 Unrealized @ Report Date +64.0%

MSI MOTOROLA SOLUTIONS 2.4%

Value $10.8M Shares 67,000 Share Price $161.21 * Est. Cost/Share $99.23 Unrealized @ Report Date +50.2%

— CERNER 2.4%

Value $10.56M Shares 144,000 Share Price $73.31 Est. Cost/Share $64.55 Unrealized @ Report Date —

ABT ABBOTT 2.4%

Value $10.53M Shares 121,000 Share Price $87.04 * Est. Cost/Share $48.12 Unrealized @ Report Date +62.4%

JCI JOHNSON CONTROLS 2.3%

Value $10.46M Shares 257,000 Share Price $40.69 * Est. Cost/Share $31.16 Unrealized @ Report Date +15.4%

EA ELECTRONIC ARTS INC 2.2%

Value $10.02M Shares 93,000 Share Price $107.72 * Est. Cost/Share $96.10 Unrealized @ Report Date +8.8%

Value $9.737M Shares 474,000 Share Price $20.54 * Est. Cost/Share $16.80 Unrealized @ Report Date -0.5%

MLKN HERMAN MILLER 2.2%

Value $9.621M Shares 231,000 Share Price $41.65 * Est. Cost/Share $28.52 Unrealized @ Report Date +24.2%

BMY BRISTOL-MYERS SQUIBB 2.1%

Value $9.526M Shares 148,000 Share Price $64.36 * Est. Cost/Share $36.32 Unrealized @ Report Date +39.5%

BBY BEST BUY 2.1%

Value $9.447M Shares 108,000 Share Price $87.47 * Est. Cost/Share $51.26 Unrealized @ Report Date +34.7%

ELV ANTHEM 2.1%

Value $9.185M Shares 30,000 Share Price $306.17 * Est. Cost/Share $207.40 Unrealized @ Report Date +34.3%

Value $8.956M Shares 266,000 Share Price $33.67 Est. Cost/Share $33.87 Unrealized @ Report Date —

MSFT MICROSOFT 2.0%

Value $8.846M Shares 56,000 Share Price $157.96 * Est. Cost/Share $75.26 Unrealized @ Report Date +99.0%

PFE PFIZER 1.9%

Value $8.545M Shares 218,000 Share Price $39.20 * Est. Cost/Share $23.85 Unrealized @ Report Date +17.3%

TXN TEXAS INSTRUMENTS 1.9%

Value $8.323M Shares 65,000 Share Price $128.05 * Est. Cost/Share $78.04 Unrealized @ Report Date +38.5%

FDX FEDEX CORP 1.7%

Value $7.507M Shares 50,000 Share Price $150.14 * Est. Cost/Share $195.30 Unrealized @ Report Date -30.7%

— DSP GROUP 1.7%

Value $7.473M Shares 475,000 Share Price $15.73 Est. Cost/Share $12.51 Unrealized @ Report Date —

— JACOBS ENGINEERING 1.7%

Value $7.389M Shares 82,000 Share Price $90.11 Est. Cost/Share $89.48 Unrealized @ Report Date —

Value $6.959M Shares 145,000 Share Price $47.99 * Est. Cost/Share $27.68 Unrealized @ Report Date +56.6%

FBIN FORTUNE BRANDS 1.5%

Value $6.792M Shares 104,000 Share Price $65.31 * Est. Cost/Share $33.84 Unrealized @ Report Date +50.8%

— CITRIX SYSTEMS 1.5%

Value $6.742M Shares 61,000 Share Price $110.52 Est. Cost/Share $88.14 Unrealized @ Report Date —

— FOOT LOCKER 1.4%

Value $6.153M Shares 158,000 Share Price $38.94 Est. Cost/Share $41.35 Unrealized @ Report Date —

DIS WALT DISNEY 1.4%

Value $6.074M Shares 42,000 Share Price $144.62 * Est. Cost/Share $128.01 Unrealized @ Report Date +10.4%

— VARIAN MEDICAL SYSTEMS 1.3%

Value $5.815M Shares 41,000 Share Price $141.83 Est. Cost/Share $111.79 Unrealized @ Report Date —

URBN URBAN OUTFITTERS 1.3%

Value $5.71M Shares 206,000 Share Price $27.72 Est. Cost/Share $28.42 Unrealized @ Report Date -2.3%

— LOGMEIN INC 1.1%

Value $4.776M Shares 56,000 Share Price $85.29 Est. Cost/Share $97.65 Unrealized @ Report Date —

VREX VAREX 0.8%

Value $3.714M Shares 125,000 Share Price $29.71 Est. Cost/Share $35.95 Unrealized @ Report Date -17.1%

WTS WATTS WATER 0.6%

Value $2.818M Shares 28,000 Share Price $100.64 Est. Cost/Share $85.37 Unrealized @ Report Date +16.9%

— ZYMEWORKS INC 0.5%

Value $2.237M Shares 49,000 Share Price $45.65 Est. Cost/Share $24.90 Unrealized @ Report Date —

— COHERENT 0.5%

Value $2.221M Shares 13,000 Share Price $170.85 Est. Cost/Share $176.85 Unrealized @ Report Date —

NOVT NOVANTA 0.2%

Value $796K Shares 9,000 Share Price $88.44 Est. Cost/Share $48.73 Unrealized @ Report Date +81.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CSCO	CISCO SYSTEMS	487,000	$23.34M	5.2%	$47.92 *	$27.97	+42.3%	COM	17275R102
AMAT	APPLIED MATERIALS	318,000	$19.4M	4.4%	$61.00 *	$47.26	+22.0%	COM	038222105
INTC	INTEL	313,000	$18.73M	4.2%	$59.86 *	$36.55	+44.4%	COM	458140100
JBL	JABIL	405,000	$16.74M	3.8%	$41.33 *	$26.72	+50.3%	COM	466313103
FSLR	FIRST SOLAR INC	296,000	$16.54M	3.7%	$55.86	$55.40	+1.0%	COM	336433107
AAPL	APPLE	56,000	$16.53M	3.7%	$295.21 *	$39.08	+81.3%	COM	037833100
SEDG	SOLAREDGE	158,000	$15.03M	3.4%	$95.12	$38.21	+148.9%	COM	83417M104
AMGN	AMGEN	61,000	$14.6M	3.3%	$239.41 *	$138.53	+44.7%	COM	031162100
CIEN	CIENA	328,000	$14.02M	3.1%	$42.75	$21.20	+101.4%	COM	171779309
ITRI	ITRON INC	165,000	$13.87M	3.1%	$84.07	$70.44	+19.2%	COM	465741106
ZBH	ZIMMER BIOMET	87,000	$13.02M	2.9%	$149.67 *	$105.33	+31.4%	COM	98956P102
AEO	AMERICAN EAGLE OUTFITTERS	838,000	$12.31M	2.8%	$14.70 *	$13.62	-7.6%	COM	02553E106
—	SKECHERS	268,000	$11.58M	2.6%	$43.22	$29.00	—	COM	830566105
GILD	GILEAD SCIENCES INC	175,000	$11.36M	2.5%	$64.91 *	$55.15	-6.6%	COM	375558103
BSX	BOSTON SCIENTIFIC	243,000	$10.97M	2.5%	$45.16	$27.58	+64.0%	COM	101137107
MSI	MOTOROLA SOLUTIONS	67,000	$10.8M	2.4%	$161.21 *	$99.23	+50.2%	COM	620076307
—	CERNER	144,000	$10.56M	2.4%	$73.31	$64.55	—	COM	156782104
ABT	ABBOTT	121,000	$10.53M	2.4%	$87.04 *	$48.12	+62.4%	COM	002824100
JCI	JOHNSON CONTROLS	257,000	$10.46M	2.3%	$40.69 *	$31.16	+15.4%	COM	G51502105
EA	ELECTRONIC ARTS INC	93,000	$10.02M	2.2%	$107.72 *	$96.10	+8.8%	COM	285512109
HPQ	HP	474,000	$9.737M	2.2%	$20.54 *	$16.80	-0.5%	COM	40434L105
MLKN	HERMAN MILLER	231,000	$9.621M	2.2%	$41.65 *	$28.52	+24.2%	COM	600544100
BMY	BRISTOL-MYERS SQUIBB	148,000	$9.526M	2.1%	$64.36 *	$36.32	+39.5%	COM	110122108
BBY	BEST BUY	108,000	$9.447M	2.1%	$87.47 *	$51.26	+34.7%	COM	086516101
ELV	ANTHEM	30,000	$9.185M	2.1%	$306.17 *	$207.40	+34.3%	COM	036752103
—	II-VI	266,000	$8.956M	2.0%	$33.67	$33.87	—	COM	902104108
MSFT	MICROSOFT	56,000	$8.846M	2.0%	$157.96 *	$75.26	+99.0%	COM	594918104
PFE	PFIZER	218,000	$8.545M	1.9%	$39.20 *	$23.85	+17.3%	COM	717081103
TXN	TEXAS INSTRUMENTS	65,000	$8.323M	1.9%	$128.05 *	$78.04	+38.5%	COM	882508104
FDX	FEDEX CORP	50,000	$7.507M	1.7%	$150.14 *	$195.30	-30.7%	COM	31428X106
—	DSP GROUP	475,000	$7.473M	1.7%	$15.73	$12.51	—	COM	23332B106
—	JACOBS ENGINEERING	82,000	$7.389M	1.7%	$90.11	$89.48	—	COM	469814107
MAS	MASCO	145,000	$6.959M	1.6%	$47.99 *	$27.68	+56.6%	COM	574599106
FBIN	FORTUNE BRANDS	104,000	$6.792M	1.5%	$65.31 *	$33.84	+50.8%	COM	34964C106
—	CITRIX SYSTEMS	61,000	$6.742M	1.5%	$110.52	$88.14	—	COM	177376100
—	FOOT LOCKER	158,000	$6.153M	1.4%	$38.94	$41.35	—	COM	344849104
DIS	WALT DISNEY	42,000	$6.074M	1.4%	$144.62 *	$128.01	+10.4%	COM	254687106
—	VARIAN MEDICAL SYSTEMS	41,000	$5.815M	1.3%	$141.83	$111.79	—	COM	92220P105
URBN	URBAN OUTFITTERS	206,000	$5.71M	1.3%	$27.72	$28.42	-2.3%	COM	917047102
—	LOGMEIN INC	56,000	$4.776M	1.1%	$85.29	$97.65	—	COM	54142L109
VREX	VAREX	125,000	$3.714M	0.8%	$29.71	$35.95	-17.1%	COM	92214X106
WTS	WATTS WATER	28,000	$2.818M	0.6%	$100.64	$85.37	+16.9%	COM	942749102
—	ZYMEWORKS INC	49,000	$2.237M	0.5%	$45.65	$24.90	—	COM	98985W102
—	COHERENT	13,000	$2.221M	0.5%	$170.85	$176.85	—	COM	192479103
NOVT	NOVANTA	9,000	$796K	0.2%	$88.44	$48.73	+81.5%	COM	67000B104