North Growth Management Ltd. Long-Term Concentrated

Location: Vancouver, British Columbia, Canada

CIK: 0001745796 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $639M

Holdings (47)

CIEN CIENA 9.0%

Value $57.73M Shares 247,000 Est. Cost $33.27 Unrealized +483.1%

Value $46.57M Shares 204,000 Est. Cost $32.62 Unrealized +553.9%

LITE LUMENTUM 5.5%

Value $34.88M Shares 95,000 Est. Cost $83.61 Unrealized +207.1%

AMAT APPLIED MATERIALS 5.3%

Value $34.15M Shares 133,000 Est. Cost $52.43 Unrealized +356.8%

COHR COHERENT 4.2%

Value $26.85M Shares 145,000 Est. Cost $46.07 Unrealized +224.7%

EAT BRINKER INTERNATIONAL 3.1%

Value $20.04M Shares 140,000 Est. Cost $46.13 Unrealized +184.0%

SGI SOMNIGROUP INTERNATIONAL 3.0%

Value $19.02M Shares 213,000 Est. Cost $30.08 Unrealized +190.4%

TPR TAPESTRY 2.9%

Value $18.72M Shares 147,000 Est. Cost $32.22 Unrealized +253.9%

MSI MOTOROLA SOLUTIONS 2.9%

Value $18.53M Shares 48,000 Est. Cost $111.47 Unrealized +259.5%

JCI JOHNSON CONTROLS 2.9%

Value $18.38M Shares 153,000 Est. Cost $31.16 Unrealized +268.4%

BKNG BOOKING HOLDINGS 2.9%

Value $18.25M Shares 3,000 Est. Cost $2012.44 Unrealized +155.3%

NVDA NVIDIA 2.4%

Value $15.41M Shares 83,000 Est. Cost $86.72 Unrealized +114.6%

ANF ABERCROMBIE & FITCH 2.4%

Value $15.1M Shares 120,000 Est. Cost $55.78 Unrealized +56.8%

EA ELECTRONIC ARTS INC 2.3%

Value $14.85M Shares 73,000 Est. Cost $106.43 Unrealized +89.5%

WBD WARNER BROS DISCOVERY INC 2.3%

Value $14.5M Shares 503,000 Est. Cost $15.80 Unrealized +48.0%

ULTA ULTA BEAUTY 2.2%

Value $14.01M Shares 23,000 Est. Cost $432.92 Unrealized +27.0%

TMO THERMO FISHER SCIENTIFIC 2.1%

Value $13.48M Shares 23,000 Est. Cost $481.16 Unrealized +17.5%

TXN TEXAS INSTRUMENTS 2.0%

Value $12.65M Shares 73,000 Est. Cost $111.44 Unrealized +53.2%

J JACOBS SOLUTIONS 2.0%

Value $12.62M Shares 95,000 Est. Cost $105.90 Unrealized +38.3%

GPN GLOBAL PAYMENTS 1.8%

Value $11.82M Shares 153,000 Est. Cost $98.54 Unrealized -18.5%

Value $11.4M Shares 51,000 Est. Cost $166.50 Unrealized +30.7%

WTS WATTS WATER 1.7%

Value $11.13M Shares 40,000 Est. Cost $123.74 Unrealized +123.0%

WST WEST PHARMACEUTICAL SERVICES 1.7%

Value $10.81M Shares 39,000 Est. Cost $282.92 Unrealized -3.4%

Value $10.61M Shares 476,000 Est. Cost $16.13 Unrealized +56.6%

Value $10.33M Shares 1,000 Est. Cost $6015.25 Unrealized +24.3%

ITGR INTEGER HOLDINGS 1.6%

Value $10.15M Shares 129,000 Est. Cost $87.93 Unrealized -9.4%

AZO AUTOZONE 1.6%

Value $10.13M Shares 3,000 Est. Cost $3746.66 Unrealized +0.8%

QCOM QUALCOMM 1.5%

Value $9.806M Shares 57,000 Est. Cost $131.14 Unrealized +30.2%

INMD INMODE 1.5%

Value $9.729M Shares 662,000 Est. Cost $28.86 Unrealized -49.0%

AAPL APPLE 1.4%

Value $9.269M Shares 34,000 Est. Cost $84.23 Unrealized +218.6%

MSFT MICROSOFT 1.4%

Value $9.164M Shares 19,000 Est. Cost $75.26 Unrealized +565.1%

CROX CROCS 1.4%

Value $8.843M Shares 103,000 Est. Cost $74.01 Unrealized +13.0%

URI UNITED RENTALS 1.4%

Value $8.742M Shares 11,000 Est. Cost $456.93 Unrealized +89.8%

FDX FEDEX CORP 1.3%

Value $8.314M Shares 29,000 Est. Cost $203.84 Unrealized +28.3%

ARHS ARHAUS 1.2%

Value $7.874M Shares 702,000 Est. Cost $9.68 Unrealized +7.3%

ELV ELEVANCE HEALTH 1.2%

Value $7.831M Shares 22,000 Est. Cost $220.60 Unrealized +52.6%

NKE NIKE CL B 1.2%

Value $7.398M Shares 116,000 Est. Cost $72.08 Unrealized -9.9%

ALGN ALIGN TECHNOLOGY 1.1%

Value $7.085M Shares 45,000 Est. Cost $305.35 Unrealized -53.1%

BIIB BIOGEN 0.9%

Value $6.016M Shares 34,000 Est. Cost $191.86 Unrealized -14.8%

ATKR ATKORE 0.9%

Value $5.933M Shares 94,000 Est. Cost $91.34 Unrealized -29.2%

FBIN FORTUNE BRANDS 0.9%

Value $5.699M Shares 114,000 Est. Cost $44.48 Unrealized +11.9%

ODFL OLD DOMINION FREIGHT LINE 0.8%

Value $4.854M Shares 31,000 Est. Cost $176.31 Unrealized -18.8%

FSLR FIRST SOLAR INC 0.6%

Value $3.922M Shares 15,000 Est. Cost $211.68 Unrealized +19.1%

AMTM AMENTUM HOLDINGS 0.4%

Value $2.835M Shares 98,000 Est. Cost $27.99 Unrealized -8.7%

MBC MASTERBRAND 0.4%

Value $2.401M Shares 218,000 Est. Cost $9.29 Unrealized +26.0%

ZYME ZYMEWORKS INC 0.2%

Value $1.183M Shares 45,000 Est. Cost $7.66 Unrealized +184.7%

LULU LULULEMON ATHLETICA 0.0%

Value $273K Shares 1,000 Est. Cost $265.38 Unrealized -31.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CIEN	CIENA	247,000	$57.73M	9.0%	$33.27	+483.1%	—	171779309
JBL	JABIL	204,000	$46.57M	7.3%	$32.62	+553.9%	—	466313103
LITE	LUMENTUM	95,000	$34.88M	5.5%	$83.61	+207.1%	—	55024U109
AMAT	APPLIED MATERIALS	133,000	$34.15M	5.3%	$52.43	+356.8%	—	038222105
COHR	COHERENT	145,000	$26.85M	4.2%	$46.07	+224.7%	—	19247G107
EAT	BRINKER INTERNATIONAL	140,000	$20.04M	3.1%	$46.13	+184.0%	—	109641100
SGI	SOMNIGROUP INTERNATIONAL	213,000	$19.02M	3.0%	$30.08	+190.4%	—	88023U101
TPR	TAPESTRY	147,000	$18.72M	2.9%	$32.22	+253.9%	—	876030107
MSI	MOTOROLA SOLUTIONS	48,000	$18.53M	2.9%	$111.47	+259.5%	—	620076307
JCI	JOHNSON CONTROLS	153,000	$18.38M	2.9%	$31.16	+268.4%	—	G51502105
BKNG	BOOKING HOLDINGS	3,000	$18.25M	2.9%	$2012.44	+155.3%	—	09857L108
NVDA	NVIDIA	83,000	$15.41M	2.4%	$86.72	+114.6%	—	67066G104
ANF	ABERCROMBIE & FITCH	120,000	$15.1M	2.4%	$55.78	+56.8%	—	002896207
EA	ELECTRONIC ARTS INC	73,000	$14.85M	2.3%	$106.43	+89.5%	—	285512109
WBD	WARNER BROS DISCOVERY INC	503,000	$14.5M	2.3%	$15.80	+48.0%	—	934423104
ULTA	ULTA BEAUTY	23,000	$14.01M	2.2%	$432.92	+27.0%	—	90384S303
TMO	THERMO FISHER SCIENTIFIC	23,000	$13.48M	2.1%	$481.16	+17.5%	—	883556102
TXN	TEXAS INSTRUMENTS	73,000	$12.65M	2.0%	$111.44	+53.2%	—	882508104
J	JACOBS SOLUTIONS	95,000	$12.62M	2.0%	$105.90	+38.3%	—	46982L108
GPN	GLOBAL PAYMENTS	153,000	$11.82M	1.8%	$98.54	-18.5%	—	37940X102
IQV	IQVIA	51,000	$11.4M	1.8%	$166.50	+30.7%	—	46266C105
WTS	WATTS WATER	40,000	$11.13M	1.7%	$123.74	+123.0%	—	942749102
WST	WEST PHARMACEUTICAL SERVICES	39,000	$10.81M	1.7%	$282.92	-3.4%	—	955306105
HPQ	HP	476,000	$10.61M	1.7%	$16.13	+56.6%	—	40434L105
NVR	NVR	1,000	$10.33M	1.6%	$6015.25	+24.3%	—	62944T105
ITGR	INTEGER HOLDINGS	129,000	$10.15M	1.6%	$87.93	-9.4%	—	45826H109
AZO	AUTOZONE	3,000	$10.13M	1.6%	$3746.66	+0.8%	—	053332102
QCOM	QUALCOMM	57,000	$9.806M	1.5%	$131.14	+30.2%	—	747525103
INMD	INMODE	662,000	$9.729M	1.5%	$28.86	-49.0%	—	M5425M103
AAPL	APPLE	34,000	$9.269M	1.4%	$84.23	+218.6%	—	037833100
MSFT	MICROSOFT	19,000	$9.164M	1.4%	$75.26	+565.1%	—	594918104
CROX	CROCS	103,000	$8.843M	1.4%	$74.01	+13.0%	—	227046109
URI	UNITED RENTALS	11,000	$8.742M	1.4%	$456.93	+89.8%	—	911363109
FDX	FEDEX CORP	29,000	$8.314M	1.3%	$203.84	+28.3%	—	31428X106
ARHS	ARHAUS	702,000	$7.874M	1.2%	$9.68	+7.3%	—	04035M102
ELV	ELEVANCE HEALTH	22,000	$7.831M	1.2%	$220.60	+52.6%	—	036752103
NKE	NIKE CL B	116,000	$7.398M	1.2%	$72.08	-9.9%	—	654106103
ALGN	ALIGN TECHNOLOGY	45,000	$7.085M	1.1%	$305.35	-53.1%	—	016255101
BIIB	BIOGEN	34,000	$6.016M	0.9%	$191.86	-14.8%	—	09062X103
ATKR	ATKORE	94,000	$5.933M	0.9%	$91.34	-29.2%	—	047649108
FBIN	FORTUNE BRANDS	114,000	$5.699M	0.9%	$44.48	+11.9%	—	34964C106
ODFL	OLD DOMINION FREIGHT LINE	31,000	$4.854M	0.8%	$176.31	-18.8%	—	679580100
FSLR	FIRST SOLAR INC	15,000	$3.922M	0.6%	$211.68	+19.1%	—	336433107
AMTM	AMENTUM HOLDINGS	98,000	$2.835M	0.4%	$27.99	-8.7%	—	023939101
MBC	MASTERBRAND	218,000	$2.401M	0.4%	$9.29	+26.0%	—	57638P104
ZYME	ZYMEWORKS INC	45,000	$1.183M	0.2%	$7.66	+184.7%	—	98985Y108
LULU	LULULEMON ATHLETICA	1,000	$273K	0.0%	$265.38	-31.7%	—	550021109