Black Creek Investment Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Black Creek Investment Management Inc. reported 35 stock positions worth $3.3 billion. Its top holding was Baidu Inc. - Spon ADR (BIDU) at 10.0% of the portfolio, followed by Interpublic Group of Cos (IPG, 10.0%) and Elanco Animal Health (ELAN, 9.9%). Compared with Q4 2023, it opened 5 new positions, sold out of 5, added to 14 and reduced 15. The biggest buy was a new position in Hologic (HOLX) and the biggest sale Elanco Animal Health (ELAN, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001528593
- Portfolio Value
- $3.3B (Q1 2024)
- SEC Filing
- 0001821268-24-000093 ↗ filed May 15, 2024
Holdings Value
Holdings 35 stocks · $3.3B
| BIDU Baidu Inc. - Spon ADR | 10.02% | 3,139,612 | $330.5M | Add +36.1% |
| IPG Interpublic Group of Cos Inc. | 9.98% | 10,092,753 | $329.3M | Add +2.0% |
| ELAN Elanco Animal Health Inc. | 9.95% | 20,159,435 | $328.2M | Reduce -7.0% |
| NTR Nutrien Ltd. | 9.36% | 5,678,738 | $308.8M | Add +19.6% |
| PYPL PayPal Holdings Inc. | 9.30% | 4,580,308 | $306.8M | Add +1.9% |
| ZBRA Zebra Technologies Corp. Class A | 9.15% | 1,001,482 | $301.9M | Reduce -0.8% |
| SRCL Stericycle Inc. | 8.87% | 5,550,263 | $292.8M | Add +0.6% |
| NICE Nice Ltd. - Spon ADR | 8.74% | 1,106,441 | $288.4M | Reduce -20.4% |
| PSMT Pricesmart Inc. | 4.25% | 1,668,213 | $140.1M | Reduce -2.0% |
| BAH Booz Allen Hamilton Holdings | 4.06% | 902,419 | $134.0M | Reduce -19.9% |
| HOLX Hologic Inc. | 3.43% | 1,453,446 | $113.3M | New |
| FMX Fomento Economico Mex-SP ADR | 3.10% | 784,998 | $102.3M | Add +1.2% |
| GRFS Grifols SA-ADR | 2.32% | 11,458,159 | $76.5M | Add +23.9% |
| FCN Fti Consulting Inc. | 1.90% | 298,436 | $62.8M | Add +2.6% |
| IBN Icici Bank Ltd.-Spon ADR | 1.34% | 1,679,867 | $44.4M | Reduce -34.9% |
| ARMK Aramark | 0.64% | 651,436 | $21.2M | Add +64.7% |
| TMUS T-Mobile US Inc. | 0.60% | 121,455 | $19.8M | Reduce -7.2% |
| MRK Merck & Co. Inc. | 0.52% | 130,300 | $17.2M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 0.51% | 112,250 | $16.9M | Reduce -6.7% |
| TCOM Trip.com Group Ltd.-ADR | 0.40% | 300,480 | $13.2M | New |
| CCJ Cameco Corp. | 0.36% | 276,299 | $12.0M | Reduce -11.7% |
| IPGP Ipg Photonics Corp. | 0.33% | 120,000 | $10.9M | Reduce -17.9% |
| COR Cencora Inc. | 0.17% | 23,064 | $5.6M | Add +2.4% |
| UBER Uber Technologies Inc. | 0.11% | 48,870 | $3.8M | New |
| DLTR Dollar Tree Inc. | 0.11% | 27,218 | $3.6M | Add +44.4% |
| MTCH Match Group Inc. | 0.09% | 85,000 | $3.1M | New |
| BWA Borgwarner Inc. | 0.06% | 52,500 | $1.8M | Add +6.1% |
| WWD Woodward Inc. | 0.05% | 11,000 | $1.7M | Add +25.0% |
| VSTS Vestis Corp. | 0.05% | 83,554 | $1.6M | Add +34.6% |
| PI Impinj Inc. | 0.05% | 12,500 | $1.6M | Reduce -28.6% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.05% | 135,000 | $1.5M | Reduce -10.0% |
| CRTO Criteo SA-Spon | 0.04% | 40,233 | $1.4M | Reduce -16.6% |
| MORN Morningstar Inc. | 0.04% | 3,900 | $1.2M | No change |
| FIGS Figs Inc. Class A | 0.02% | 119,924 | $597K | New |
| HAIN Hain Celestial Group Inc. | 0.01% | 35,989 | $283K | Reduce -88.8% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $11.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| VAREX IMAGING CORPORATIO (VREX 4 06/01/25) | NOTE 4.000% 6/0 · principal | 9,775,000 | $10.8M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 100,000 | $193K | No change |
Total filed on the 13F, all lines: $3.3B.
Portfolio Sells Q4 2023 → Q1 2024
| ELAN Elanco Animal Health Inc. | Reduce -7.0% | 9.95% | −0.69 |
| BAH Booz Allen Hamilton Holdings | Reduce -19.9% | 4.06% | −0.68 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -34.9% | 1.34% | −0.68 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.59 |
| NICE Nice Ltd. - Spon ADR | Reduce -20.4% | 8.74% | −0.39 |
| BBD Banco Bradesco-ADR | Sold out | 0.00% | −0.29 |
| IPGP Ipg Photonics Corp. | Reduce -17.9% | 0.33% | −0.19 |
| HAIN Hain Celestial Group Inc. | Reduce -88.8% | 0.01% | −0.11 |
| SABR Sabre Corp. | Sold out | 0.00% | −0.10 |
| TMUS T-Mobile US Inc. | Reduce -7.2% | 0.60% | −0.09 |
| CCJ Cameco Corp. | Reduce -11.7% | 0.36% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -6.7% | 0.51% | −0.04 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.03 |
| PBI Pitney Bowes Inc. | Sold out | 0.00% | −0.03 |
| ARCO Arcos Dorados Holdings Inc. Class A | Reduce -10.0% | 0.05% | −0.02 |
| PI Impinj Inc. | Reduce -28.6% | 0.05% | −0.00 |
| CRTO Criteo SA-Spon | Reduce -16.6% | 0.04% | +0.00 |
| PSMT Pricesmart Inc. | Reduce -2.0% | 4.25% | +0.00 |
| MRK Merck & Co. Inc. | Reduce -1.5% | 0.52% | +0.05 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -0.8% | 9.15% | +0.07 |
Portfolio Buys Q4 2023 → Q1 2024
| HOLX Hologic Inc. | New | 3.43% | +3.43 |
| BIDU Baidu Inc. - Spon ADR | Add +36.1% | 10.02% | +0.98 |
| NTR Nutrien Ltd. | Add +19.6% | 9.36% | +0.51 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.40% | +0.40 |
| ARMK Aramark | Add +64.7% | 0.64% | +0.28 |
| PYPL PayPal Holdings Inc. | Add +1.9% | 9.30% | +0.21 |
| UBER Uber Technologies Inc. | New | 0.11% | +0.11 |
| MTCH Match Group Inc. | New | 0.09% | +0.09 |
| DLTR Dollar Tree Inc. | Add +44.4% | 0.11% | +0.02 |
| FIGS Figs Inc. Class A | New | 0.02% | +0.02 |
| COR Cencora Inc. | Add +2.4% | 0.17% | +0.02 |
| WWD Woodward Inc. | Add +25.0% | 0.05% | +0.01 |
| VSTS Vestis Corp. | Add +34.6% | 0.05% | +0.01 |
| BWA Borgwarner Inc. | Add +6.1% | 0.06% | −0.00 |
| FCN Fti Consulting Inc. | Add +2.6% | 1.90% | −0.00 |
| SRCL Stericycle Inc. | Add +0.6% | 8.87% | −0.12 |
| FMX Fomento Economico Mex-SP ADR | Add +1.2% | 3.10% | −0.23 |
| IPG Interpublic Group of Cos Inc. | Add +2.0% | 9.98% | −0.65 |
| GRFS Grifols SA-ADR | Add +23.9% | 2.32% | −1.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $1.8B | ELAN, FCN, PSMT, EXP, BAH |
| Q1 2026 | 25 | $1.9B | ELAN, BAH, FCN, PSMT, EXP |
| Q4 2025 | 27 | $2.0B | ELAN, BAH, PSMT, PYPL, FCN |
| Q3 2025 | 28 | $2.1B | HOLX, ELAN, BAH, PSMT, PYPL |
| Q2 2025 | 26 | $2.2B | ELAN, HOLX, NICE, BAH, PSMT |
| Q1 2025 | 24 | $2.1B | NICE, ELAN, HOLX, BIDU, BAH |
| Q4 2024 | 25 | $2.1B | NICE, ELAN, PYPL, NTR, BIDU |
| Q3 2024 | 27 | $2.8B | NICE, BIDU, PYPL, ELAN, NTR |
| Q2 2024 | 32 | $2.7B | IPG, NTR, ELAN, BIDU, PYPL |
| Q1 2024 | 35 | $3.3B | BIDU, IPG, ELAN, NTR, PYPL |