Black Creek Investment Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Black Creek Investment Management Inc. reported 27 stock positions worth $2.8 billion. Its top holding was Nice Ltd. - Spon ADR (NICE) at 11.9% of the portfolio, followed by Baidu Inc. - Spon ADR (BIDU, 11.4%) and PayPal (PYPL, 11.3%). Compared with Q2 2024, it opened 1 new position, sold out of 6, added to 13 and reduced 9. The biggest buy was Nice Ltd. - Spon ADR (NICE, shares +43%) and the biggest sale an exit from Stericycle (SRCL).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001528593
- Portfolio Value
- $2.8B (Q3 2024)
- SEC Filing
- 0001821268-24-000291 ↗ filed Nov 13, 2024
Holdings Value
Holdings 27 stocks · $2.8B
| NICE Nice Ltd. - Spon ADR | 11.91% | 1,935,715 | $336.2M | Add +42.7% |
| BIDU Baidu Inc. - Spon ADR | 11.43% | 3,064,305 | $322.6M | Add +2.8% |
| PYPL PayPal Holdings Inc. | 11.30% | 4,088,826 | $319.1M | Reduce -3.6% |
| ELAN Elanco Animal Health Inc. | 11.08% | 21,300,210 | $312.9M | Add +18.9% |
| NTR Nutrien Ltd. | 10.72% | 6,290,859 | $302.6M | Add +19.4% |
| IPG Interpublic Group of Cos Inc. | 8.48% | 7,566,687 | $239.3M | Reduce -20.7% |
| HOLX Hologic Inc. | 7.68% | 2,660,241 | $216.7M | Add +13.7% |
| PSMT Pricesmart Inc. | 5.97% | 1,836,987 | $168.6M | Add +17.4% |
| ZBRA Zebra Technologies Corp. Class A | 4.15% | 316,462 | $117.2M | Reduce -44.8% |
| BAH Booz Allen Hamilton Holdings | 3.90% | 676,138 | $110.0M | Add +35.9% |
| FMX Fomento Economico Mex-SP ADR | 3.54% | 1,013,560 | $100.0M | Add +11.8% |
| GRFS Grifols SA-ADR | 3.49% | 11,110,345 | $98.7M | Reduce -10.0% |
| FCN Fti Consulting Inc. | 1.98% | 245,349 | $55.8M | Reduce -0.3% |
| IBN Icici Bank Ltd.-Spon ADR | 0.86% | 811,247 | $24.2M | Reduce -32.1% |
| ARMK Aramark | 0.81% | 587,803 | $22.8M | Reduce -4.2% |
| GOOGL Alphabet Inc. Class A | 0.64% | 109,364 | $18.1M | No change |
| TMUS T-Mobile US Inc. | 0.47% | 63,975 | $13.2M | Reduce -12.7% |
| UBER Uber Technologies Inc. | 0.45% | 170,575 | $12.8M | Add +115.9% |
| MTCH Match Group Inc. | 0.30% | 225,000 | $8.5M | No change |
| FIGS Figs Inc. Class A | 0.26% | 1,082,354 | $7.4M | Add +181.8% |
| COR Cencora Inc. | 0.23% | 28,785 | $6.5M | Add +15.7% |
| BWA Borgwarner Inc. | 0.08% | 60,000 | $2.2M | Add +14.3% |
| DLTR Dollar Tree Inc. | 0.07% | 27,218 | $1.9M | No change |
| FISV Fiserv Inc. | 0.06% | 10,038 | $1.8M | New |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.06% | 185,000 | $1.6M | Add +37.0% |
| CRTO Criteo SA-Spon | 0.05% | 32,233 | $1.3M | Reduce -19.9% |
| MORN Morningstar Inc. | 0.03% | 2,900 | $925K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $9.9M (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 | $9.7M | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 100,000 | $224K | No change |
Total filed on the 13F, all lines: $2.8B.
Portfolio Sells Q2 2024 → Q3 2024
| SRCL Stericycle Inc. | Sold out | 0.00% | −8.05 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -44.8% | 4.15% | −2.46 |
| IPG Interpublic Group of Cos Inc. | Reduce -20.7% | 8.48% | −1.90 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.47 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -32.1% | 0.86% | −0.43 |
| IPGP Ipg Photonics Corp. | Sold out | 0.00% | −0.25 |
| PI Impinj Inc. | Sold out | 0.00% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -12.7% | 0.47% | −0.01 |
| CRTO Criteo SA-Spon | Reduce -19.9% | 0.05% | −0.01 |
| HAIN Hain Celestial Group Inc. | Sold out | 0.00% | −0.01 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.00 |
| FCN Fti Consulting Inc. | Reduce -0.3% | 1.98% | −0.00 |
| ARMK Aramark | Reduce -4.2% | 0.81% | +0.03 |
| GRFS Grifols SA-ADR | Reduce -10.0% | 3.49% | +0.59 |
| PYPL PayPal Holdings Inc. | Reduce -3.6% | 11.30% | +2.11 |
Portfolio Buys Q2 2024 → Q3 2024
| NICE Nice Ltd. - Spon ADR | Add +42.7% | 11.91% | +3.19 |
| BIDU Baidu Inc. - Spon ADR | Add +2.8% | 11.43% | +1.80 |
| ELAN Elanco Animal Health Inc. | Add +18.9% | 11.08% | +1.43 |
| PSMT Pricesmart Inc. | Add +17.4% | 5.97% | +1.23 |
| HOLX Hologic Inc. | Add +13.7% | 7.68% | +1.19 |
| BAH Booz Allen Hamilton Holdings | Add +35.9% | 3.90% | +1.04 |
| NTR Nutrien Ltd. | Add +19.4% | 10.72% | +0.70 |
| UBER Uber Technologies Inc. | Add +115.9% | 0.45% | +0.24 |
| FIGS Figs Inc. Class A | Add +181.8% | 0.26% | +0.19 |
| FISV Fiserv Inc. | New | 0.06% | +0.06 |
| COR Cencora Inc. | Add +15.7% | 0.23% | +0.02 |
| BWA Borgwarner Inc. | Add +14.3% | 0.08% | +0.01 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +37.0% | 0.06% | +0.01 |
| FMX Fomento Economico Mex-SP ADR | Add +11.8% | 3.54% | −0.10 |
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 |