North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 9, 2023

Total Value: $440M (100.0% shares, 0.0% debt)

Holdings (45)

CIEN CIENA 6.1%

Value $26.84M Shares 527,000 Share Price $50.93 Est. Cost/Share $32.68 Unrealized @ Report Date +56.0%

Value $26.37M Shares 387,000 Share Price $68.13 Est. Cost/Share $27.06 Unrealized @ Report Date +150.1%

— HORIZON THERAPEUTICS 4.1%

Value $18.12M Shares 159,000 Share Price $113.98 Est. Cost/Share $99.02 Unrealized @ Report Date —

DHI DR HORTON 3.9%

Value $17.02M Shares 191,000 Share Price $89.10 * Est. Cost/Share $59.05 Unrealized @ Report Date +46.6%

AMAT APPLIED MATERIALS 3.8%

Value $16.6M Shares 170,000 Share Price $97.62 * Est. Cost/Share $52.43 Unrealized @ Report Date +80.8%

ELV ELEVANCE HEALTH 3.7%

Value $16.39M Shares 32,000 Share Price $512.09 * Est. Cost/Share $220.60 Unrealized @ Report Date +122.2%

BMY BRISTOL-MYERS SQUIBB 3.6%

Value $16.05M Shares 223,000 Share Price $71.97 * Est. Cost/Share $42.51 Unrealized @ Report Date +46.5%

MSI MOTOROLA SOLUTIONS 3.5%

Value $15.31M Shares 59,000 Share Price $259.44 * Est. Cost/Share $111.47 Unrealized @ Report Date +123.6%

SEDG SOLAREDGE 3.4%

Value $14.93M Shares 53,000 Share Price $281.68 Est. Cost/Share $140.81 Unrealized @ Report Date +101.2%

QCOM QUALCOMM 3.1%

Value $13.59M Shares 124,000 Share Price $109.60 * Est. Cost/Share $131.14 Unrealized @ Report Date -21.7%

Value $13.45M Shares 501,000 Share Price $26.85 * Est. Cost/Share $16.01 Unrealized @ Report Date +50.0%

Value $12.04M Shares 45,000 Share Price $267.47 Est. Cost/Share $288.18 Unrealized @ Report Date -7.3%

J JACOBS SOLUTIONS 2.6%

Value $11.64M Shares 97,000 Share Price $119.97 * Est. Cost/Share $100.68 Unrealized @ Report Date -3.9%

TPR TAPESTRY 2.6%

Value $11.44M Shares 300,000 Share Price $38.12 * Est. Cost/Share $30.37 Unrealized @ Report Date +15.6%

BBY BEST BUY 2.5%

Value $10.84M Shares 135,000 Share Price $80.32 * Est. Cost/Share $64.80 Unrealized @ Report Date +7.2%

COHR COHERENT 2.4%

Value $10.77M Shares 307,000 Share Price $35.09 Est. Cost/Share $47.89 Unrealized @ Report Date -26.7%

LITE LUMENTUM 2.4%

Value $10.72M Shares 205,000 Share Price $52.29 Est. Cost/Share $86.93 Unrealized @ Report Date -40.0%

JCI JOHNSON CONTROLS 2.4%

Value $10.7M Shares 167,000 Share Price $64.09 * Est. Cost/Share $31.16 Unrealized @ Report Date +94.5%

SGI TEMPUR SEALY INTERNATIONAL 2.4%

Value $10.37M Shares 302,000 Share Price $34.35 Est. Cost/Share $29.26 Unrealized @ Report Date +17.3%

FISV FISERV 2.3%

Value $10.22M Shares 101,000 Share Price $101.17 Est. Cost/Share $96.99 Unrealized @ Report Date +4.2%

INMD INMODE 2.3%

Value $10.1M Shares 283,000 Share Price $35.69 Est. Cost/Share $35.88 Unrealized @ Report Date -0.5%

FDX FEDEX CORP 2.1%

Value $9.209M Shares 53,000 Share Price $173.75 * Est. Cost/Share $200.20 Unrealized @ Report Date -18.9%

CROX CROCS 2.1%

Value $9.074M Shares 84,000 Share Price $108.02 Est. Cost/Share $60.70 Unrealized @ Report Date +78.6%

TXN TEXAS INSTRUMENTS 1.9%

Value $8.47M Shares 51,000 Share Price $166.08 * Est. Cost/Share $78.04 Unrealized @ Report Date +93.3%

EA ELECTRONIC ARTS INC 1.8%

Value $8.003M Shares 66,000 Share Price $121.26 Est. Cost/Share $100.37 Unrealized @ Report Date +19.8%

NVDA NVIDIA 1.8%

Value $7.973M Shares 55,000 Share Price $144.96 * Est. Cost/Share $18.42 Unrealized @ Report Date -20.7%

RVTY PERKINELMER 1.7%

Value $7.69M Shares 55,000 Share Price $139.82 Est. Cost/Share $139.82 Unrealized @ Report Date -0.5%

ALGN ALIGN TECHNOLOGY 1.7%

Value $7.522M Shares 36,000 Share Price $208.94 Est. Cost/Share $382.11 Unrealized @ Report Date -44.8%

— FOOT LOCKER 1.6%

Value $7.227M Shares 191,000 Share Price $37.84 Est. Cost/Share $36.07 Unrealized @ Report Date —

BKNG BOOKING HOLDINGS 1.6%

Value $7.225M Shares 4,000 Share Price $1806.25 * Est. Cost/Share $2012.44 Unrealized @ Report Date -1.5%

EAT BRINKER INTERNATIONAL 1.6%

Value $7.052M Shares 221,000 Share Price $31.91 Est. Cost/Share $37.44 Unrealized @ Report Date -14.8%

MSFT MICROSOFT 1.6%

Value $6.958M Shares 29,000 Share Price $239.93 * Est. Cost/Share $75.26 Unrealized @ Report Date +211.2%

AAPL APPLE 1.5%

Value $6.659M Shares 51,000 Share Price $130.57 Est. Cost/Share $84.23 Unrealized @ Report Date +52.0%

WBD WARNER BROS DISCOVERY INC 1.4%

Value $6.041M Shares 637,000 Share Price $9.48 Est. Cost/Share $21.48 Unrealized @ Report Date -55.9%

HRI HERC HOLDINGS 1.3%

Value $5.805M Shares 44,000 Share Price $131.93 * Est. Cost/Share $103.82 Unrealized @ Report Date +19.1%

— SYNEOS HEALTH 1.3%

Value $5.784M Shares 158,000 Share Price $36.61 Est. Cost/Share $88.41 Unrealized @ Report Date —

FBIN FORTUNE BRANDS 1.3%

Value $5.609M Shares 98,000 Share Price $57.23 * Est. Cost/Share $40.95 Unrealized @ Report Date +32.6%

WTS WATTS WATER 1.2%

Value $5.432M Shares 37,000 Share Price $146.81 Est. Cost/Share $111.60 Unrealized @ Report Date +31.0%

ANF ABERCROMBIE & FITCH 1.2%

Value $5.422M Shares 237,000 Share Price $22.88 Est. Cost/Share $34.21 Unrealized @ Report Date -33.0%

ODFL OLD DOMINION FREIGHT LINE 0.8%

Value $3.525M Shares 12,000 Share Price $293.75 * Est. Cost/Share $128.50 Unrealized @ Report Date +8.6%

BIIB BIOGEN 0.7%

Value $3.284M Shares 12,000 Share Price $273.67 Est. Cost/Share $277.75 Unrealized @ Report Date -0.3%

CSIQ CANADIAN SOLAR 0.2%

Value $933K Shares 30,000 Share Price $31.10 Est. Cost/Share $33.68 Unrealized @ Report Date -8.3%

MBC MASTERBRAND 0.2%

Value $741K Shares 98,000 Share Price $7.56 Est. Cost/Share $8.19 Unrealized @ Report Date -7.8%

ZYME ZYMEWORKS INC 0.1%

Value $591K Shares 75,000 Share Price $7.88 Est. Cost/Share $7.03 Unrealized @ Report Date +11.9%

LULU LULULEMON ATHLETICA 0.1%

Value $288K Shares 1,000 Share Price $288.00 * Est. Cost/Share $325.46 Unrealized @ Report Date -1.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CIEN	CIENA	527,000	$26.84M	6.1%	$50.93	$32.68	+56.0%	COM	171779309
JBL	JABIL	387,000	$26.37M	6.0%	$68.13	$27.06	+150.1%	COM	466313103
—	HORIZON THERAPEUTICS	159,000	$18.12M	4.1%	$113.98	$99.02	—	COM	G46188101
DHI	DR HORTON	191,000	$17.02M	3.9%	$89.10 *	$59.05	+46.6%	COM	23331A109
AMAT	APPLIED MATERIALS	170,000	$16.6M	3.8%	$97.62 *	$52.43	+80.8%	COM	038222105
ELV	ELEVANCE HEALTH	32,000	$16.39M	3.7%	$512.09 *	$220.60	+122.2%	COM	036752103
BMY	BRISTOL-MYERS SQUIBB	223,000	$16.05M	3.6%	$71.97 *	$42.51	+46.5%	COM	110122108
MSI	MOTOROLA SOLUTIONS	59,000	$15.31M	3.5%	$259.44 *	$111.47	+123.6%	COM	620076307
SEDG	SOLAREDGE	53,000	$14.93M	3.4%	$281.68	$140.81	+101.2%	COM	83417M104
QCOM	QUALCOMM	124,000	$13.59M	3.1%	$109.60 *	$131.14	-21.7%	COM	747525103
HPQ	HP	501,000	$13.45M	3.1%	$26.85 *	$16.01	+50.0%	COM	40434L105
RH	RH	45,000	$12.04M	2.7%	$267.47	$288.18	-7.3%	COM	74967X103
J	JACOBS SOLUTIONS	97,000	$11.64M	2.6%	$119.97 *	$100.68	-3.9%	COM	46982L108
TPR	TAPESTRY	300,000	$11.44M	2.6%	$38.12 *	$30.37	+15.6%	COM	876030107
BBY	BEST BUY	135,000	$10.84M	2.5%	$80.32 *	$64.80	+7.2%	COM	086516101
COHR	COHERENT	307,000	$10.77M	2.4%	$35.09	$47.89	-26.7%	COM	19247G107
LITE	LUMENTUM	205,000	$10.72M	2.4%	$52.29	$86.93	-40.0%	COM	55024U109
JCI	JOHNSON CONTROLS	167,000	$10.7M	2.4%	$64.09 *	$31.16	+94.5%	COM	G51502105
SGI	TEMPUR SEALY INTERNATIONAL	302,000	$10.37M	2.4%	$34.35	$29.26	+17.3%	COM	88023U101
FISV	FISERV	101,000	$10.22M	2.3%	$101.17	$96.99	+4.2%	COM	337738108
INMD	INMODE	283,000	$10.1M	2.3%	$35.69	$35.88	-0.5%	COM	M5425M103
FDX	FEDEX CORP	53,000	$9.209M	2.1%	$173.75 *	$200.20	-18.9%	COM	31428X106
CROX	CROCS	84,000	$9.074M	2.1%	$108.02	$60.70	+78.6%	COM	227046109
TXN	TEXAS INSTRUMENTS	51,000	$8.47M	1.9%	$166.08 *	$78.04	+93.3%	COM	882508104
EA	ELECTRONIC ARTS INC	66,000	$8.003M	1.8%	$121.26	$100.37	+19.8%	COM	285512109
NVDA	NVIDIA	55,000	$7.973M	1.8%	$144.96 *	$18.42	-20.7%	COM	67066G104
RVTY	PERKINELMER	55,000	$7.69M	1.7%	$139.82	$139.82	-0.5%	COM	714046109
ALGN	ALIGN TECHNOLOGY	36,000	$7.522M	1.7%	$208.94	$382.11	-44.8%	COM	016255101
—	FOOT LOCKER	191,000	$7.227M	1.6%	$37.84	$36.07	—	COM	344849104
BKNG	BOOKING HOLDINGS	4,000	$7.225M	1.6%	$1806.25 *	$2012.44	-1.5%	COM	09857L108
EAT	BRINKER INTERNATIONAL	221,000	$7.052M	1.6%	$31.91	$37.44	-14.8%	COM	109641100
MSFT	MICROSOFT	29,000	$6.958M	1.6%	$239.93 *	$75.26	+211.2%	COM	594918104
AAPL	APPLE	51,000	$6.659M	1.5%	$130.57	$84.23	+52.0%	COM	037833100
WBD	WARNER BROS DISCOVERY INC	637,000	$6.041M	1.4%	$9.48	$21.48	-55.9%	COM	934423104
HRI	HERC HOLDINGS	44,000	$5.805M	1.3%	$131.93 *	$103.82	+19.1%	COM	42704L104
—	SYNEOS HEALTH	158,000	$5.784M	1.3%	$36.61	$88.41	—	COM	87166B102
FBIN	FORTUNE BRANDS	98,000	$5.609M	1.3%	$57.23 *	$40.95	+32.6%	COM	34964C106
WTS	WATTS WATER	37,000	$5.432M	1.2%	$146.81	$111.60	+31.0%	COM	942749102
ANF	ABERCROMBIE & FITCH	237,000	$5.422M	1.2%	$22.88	$34.21	-33.0%	COM	002896207
ODFL	OLD DOMINION FREIGHT LINE	12,000	$3.525M	0.8%	$293.75 *	$128.50	+8.6%	COM	679580100
BIIB	BIOGEN	12,000	$3.284M	0.7%	$273.67	$277.75	-0.3%	COM	09062X103
CSIQ	CANADIAN SOLAR	30,000	$933K	0.2%	$31.10	$33.68	-8.3%	COM	136635109
MBC	MASTERBRAND	98,000	$741K	0.2%	$7.56	$8.19	-7.8%	COM	57638P104
ZYME	ZYMEWORKS INC	75,000	$591K	0.1%	$7.88	$7.03	+11.9%	COM	98985Y108
LULU	LULULEMON ATHLETICA	1,000	$288K	0.1%	$288.00 *	$325.46	-1.6%	COM	550021109