Black Creek Investment Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Black Creek Investment Management Inc. reported 25 stock positions worth $1.9 billion. Its top holding was Elanco Animal Health (ELAN) at 13.5% of the portfolio, followed by Booz Allen Hamilton (BAH, 11.1%) and Fti Consulting (FCN, 10.4%). Compared with Q4 2025, it opened 1 new position, sold out of 3, added to 9 and reduced 14. The biggest buy was Gartner (IT, shares +6329%) and the biggest sale an exit from CDW (CDW).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001528593
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0001528593-26-000005 ↗ filed May 13, 2026
Holdings Value
Holdings 25 stocks · $1.9B
| ELAN Elanco Animal Health Inc. | 13.47% | 10,493,849 | $251.1M | Reduce -5.1% |
| BAH Booz Allen Hamilton Holdings | 11.13% | 2,658,367 | $207.4M | Add +6.1% |
| FCN Fti Consulting Inc. | 10.42% | 1,099,082 | $194.3M | Add +2.5% |
| PSMT Pricesmart Inc. | 9.41% | 1,164,834 | $175.3M | Reduce -28.9% |
| EXP Eagle Materials Inc. | 7.90% | 777,546 | $147.3M | Add +54.9% |
| PYPL PayPal Holdings Inc. | 7.70% | 3,173,735 | $143.5M | Reduce -1.2% |
| BF.B Brown-Forman Corp. Class B | 7.46% | 5,258,106 | $139.0M | Add +3.3% |
| BIDU Baidu Inc. - Spon ADR | 5.57% | 931,956 | $103.8M | Add +4.4% |
| IT Gartner Inc. | 5.41% | 636,762 | $100.8M | Add +6329.3% |
| GRFS Grifols SA-ADR | 3.61% | 8,386,452 | $67.3M | Reduce -9.4% |
| FMX Fomento Economico Mex-SP ADR | 3.51% | 589,801 | $65.5M | Reduce -17.8% |
| NTR Nutrien Ltd. | 3.50% | 867,438 | $65.3M | Reduce -66.0% |
| NICE Nice Ltd. - Spon ADR | 3.14% | 530,904 | $58.5M | Reduce -9.1% |
| CX Cemex Sab-Spons ADR Part Cer | 1.95% | 3,184,198 | $36.4M | Add +13.8% |
| ARMK Aramark | 1.18% | 542,258 | $22.0M | Reduce -17.5% |
| GOOGL Alphabet Inc. Class A | 0.93% | 59,994 | $17.3M | Reduce -15.0% |
| COR Cencora Inc. | 0.85% | 50,421 | $15.8M | Add +7.9% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.78% | 223,792 | $14.6M | New |
| FIGS Figs Inc. Class A | 0.65% | 824,237 | $12.2M | Reduce -31.1% |
| UBER Uber Technologies Inc. | 0.56% | 145,949 | $10.5M | Reduce -22.2% |
| LRCX Lam Research Corp. | 0.53% | 46,451 | $9.9M | Reduce -40.1% |
| BWA Borgwarner Inc. | 0.10% | 36,000 | $2.0M | Reduce -36.8% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.09% | 206,000 | $1.7M | Reduce -1.9% |
| CRTO Criteo SA-Spon | 0.08% | 79,733 | $1.4M | Add +9.6% |
| IBN Icici Bank Ltd.-Spon ADR | 0.05% | 34,683 | $898K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| CDW CDW Corp. | Sold out | 0.00% | −4.53 |
| NTR Nutrien Ltd. | Reduce -66.0% | 3.50% | −4.33 |
| PYPL PayPal Holdings Inc. | Reduce -1.2% | 7.70% | −1.60 |
| GRFS Grifols SA-ADR | Reduce -9.4% | 3.61% | −0.68 |
| PSMT Pricesmart Inc. | Reduce -28.9% | 9.41% | −0.57 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.47 |
| UBER Uber Technologies Inc. | Reduce -22.2% | 0.56% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -15.0% | 0.93% | −0.17 |
| NICE Nice Ltd. - Spon ADR | Reduce -9.1% | 3.14% | −0.14 |
| LRCX Lam Research Corp. | Reduce -40.1% | 0.53% | −0.13 |
| FMX Fomento Economico Mex-SP ADR | Reduce -17.8% | 3.51% | −0.08 |
| BWA Borgwarner Inc. | Reduce -36.8% | 0.10% | −0.02 |
| ARMK Aramark | Reduce -17.5% | 1.18% | −0.02 |
| FIGS Figs Inc. Class A | Reduce -31.1% | 0.65% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.02 |
| ARCO Arcos Dorados Holdings Inc. Class A | Reduce -1.9% | 0.09% | +0.01 |
| ELAN Elanco Animal Health Inc. | Reduce -5.1% | 13.47% | +1.06 |
Portfolio Buys Q4 2025 → Q1 2026
| IT Gartner Inc. | Add +6329.3% | 5.41% | +5.29 |
| EXP Eagle Materials Inc. | Add +54.9% | 7.90% | +2.76 |
| FCN Fti Consulting Inc. | Add +2.5% | 10.42% | +1.34 |
| BF.B Brown-Forman Corp. Class B | Add +3.3% | 7.46% | +0.88 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.78% | +0.78 |
| BAH Booz Allen Hamilton Holdings | Add +6.1% | 11.13% | +0.65 |
| CX Cemex Sab-Spons ADR Part Cer | Add +13.8% | 1.95% | +0.36 |
| COR Cencora Inc. | Add +7.9% | 0.85% | +0.07 |
| CRTO Criteo SA-Spon | Add +9.6% | 0.08% | +0.00 |
| BIDU Baidu Inc. - Spon ADR | Add +4.4% | 5.57% | −0.21 |
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 |