North Growth Management Ltd.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), North Growth Management Ltd. reported 45 stock positions worth $506.1 million. Its top holding was Applied Materials (AMAT) at 7.6% of the portfolio, followed by Jabil (JBL, 6.2%) and Ciena (CIEN, 5.0%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 15 and reduced 4. The biggest buy was Brinker International (EAT, shares +0%) and the biggest sale an exit from RH (RH).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001745796
- Portfolio Value
- $506.1M (Q2 2024)
- SEC Filing
- 0001745796-24-000003 ↗ filed Jul 25, 2024
Holdings Value
Holdings 45 stocks · $506.1M
| AMAT Applied Materials Inc. | 7.61% | 163,000 | $38.5M | No change |
| JBL Jabil Inc. | 6.19% | 288,000 | $31.4M | No change |
| CIEN Ciena Corp. | 5.04% | 529,000 | $25.5M | Add +0.2% |
| COHR Coherent Corp. | 4.71% | 329,000 | $23.8M | Reduce -5.5% |
| MSI Motorola Solutions Inc. | 4.33% | 57,000 | $21.9M | No change |
| QCOM Qualcomm Inc. | 3.39% | 86,000 | $17.2M | Reduce -27.1% |
| HPQ HP Inc. | 3.31% | 479,000 | $16.8M | Add +0.2% |
| EAT Brinker International Inc. | 3.03% | 212,000 | $15.3M | Add +0.5% |
| ELV Elevance Health Inc. | 3.01% | 28,000 | $15.2M | No change |
| ANF Abercrombie & Fitch Co. Class A | 2.86% | 81,000 | $14.5M | Reduce -15.6% |
| BKNG Booking Holdings Inc. | 2.68% | 3,000 | $13.6M | No change |
| J Jacobs Solutions Inc. | 2.56% | 93,000 | $12.9M | Add +1.1% |
| CROX Crocs Inc. | 2.49% | 86,000 | $12.6M | No change |
| NVDA Nvidia Corp. | 2.46% | 101,000 | $12.4M | Reduce -46.8% |
| TPR Tapestry Inc. | 2.44% | 289,000 | $12.4M | Add +0.3% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 2.39% | 255,000 | $12.1M | No change |
| NVR NVR Inc. | 2.32% | 2,000 | $11.8M | No change |
| FDX FedEx Corp. | 2.24% | 38,000 | $11.4M | No change |
| TXN Texas Instruments Inc. | 2.24% | 58,000 | $11.3M | Add +18.4% |
| LITE Lumentum Holdings Inc. | 2.20% | 219,000 | $11.1M | Add +0.5% |
| MSFT Microsoft Corp. | 2.15% | 24,000 | $10.9M | No change |
| INMD Inmode Ltd. | 2.14% | 593,000 | $10.8M | Add +11.9% |
| JCI Johnson Controls Internation | 2.10% | 160,000 | $10.6M | No change |
| ITGR Integer Holdings Corp. | 2.10% | 92,000 | $10.6M | No change |
| GPN Global Payments Inc. | 2.03% | 106,000 | $10.3M | No change |
| AAPL Apple Inc. | 1.83% | 44,000 | $9.3M | No change |
| EA Electronic Arts Inc. | 1.72% | 63,000 | $8.7M | No change |
| ARHS Arhaus Inc. | 1.61% | 481,000 | $8.2M | Add +0.2% |
| ALGN Align Technology Inc. | 1.57% | 33,000 | $8.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 1.55% | 14,000 | $7.9M | No change |
| ULTA Ulta Beauty Inc. | 1.55% | 20,000 | $7.9M | Add +66.7% |
| WBD Warner Bros Discovery Inc. | 1.53% | 1,041,000 | $7.7M | Add +40.7% |
| FBIN Fortune Brands Innovations I | 1.47% | 115,000 | $7.4M | Add +0.9% |
| CRL Charles River Laboratories | 1.33% | 33,000 | $6.7M | No change |
| WTS Watts Water Technologies-A | 1.29% | 36,000 | $6.5M | Add +2.9% |
| ODFL Old Dominion Freight Line | 1.20% | 34,000 | $6.1M | Add +13.3% |
| URI United Rentals Inc. | 1.11% | 9,000 | $5.6M | No change |
| ATKR Atkore Inc. | 1.03% | 39,000 | $5.2M | Add +2.6% |
| WST West Pharmaceutical Services | 1.02% | 16,000 | $5.2M | No change |
| MBC Masterbrand Inc. | 0.52% | 179,000 | $2.6M | No change |
| BIIB Biogen Inc. | 0.52% | 11,000 | $2.6M | No change |
| FSLR First Solar Inc. | 0.46% | 10,000 | $2.3M | New |
| AXONICS INC | 0.34% | 25,000 | $1.7M | No change |
| ZYME Zymeworks Inc. | 0.16% | 97,000 | $825K | No change |
| CSIQ Canadian Solar Inc. | 0.15% | 51,000 | $752K | No change |
Lines left out (1) · $100 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| LULU Lululemon Athletica Inc. | COM | 0 | $100 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $506.1M.
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
| EAT Brinker International Inc. | Add +0.5% | 3.03% | +1.03 |
| TXN Texas Instruments Inc. | Add +18.4% | 2.24% | +0.61 |
| HPQ HP Inc. | Add +0.2% | 3.31% | +0.56 |
| FSLR First Solar Inc. | New | 0.46% | +0.46 |
| ULTA Ulta Beauty Inc. | Add +66.7% | 1.55% | +0.37 |
| WBD Warner Bros Discovery Inc. | Add +40.7% | 1.53% | +0.30 |
| LITE Lumentum Holdings Inc. | Add +0.5% | 2.20% | +0.23 |
| ARHS Arhaus Inc. | Add +0.2% | 1.61% | +0.20 |
| CIEN Ciena Corp. | Add +0.2% | 5.04% | +0.05 |
| INMD Inmode Ltd. | Add +11.9% | 2.14% | −0.05 |
| ODFL Old Dominion Freight Line | Add +13.3% | 1.20% | −0.06 |
| WTS Watts Water Technologies-A | Add +2.9% | 1.29% | −0.15 |
| J Jacobs Solutions Inc. | Add +1.1% | 2.56% | −0.16 |
| TPR Tapestry Inc. | Add +0.3% | 2.44% | −0.17 |
| ATKR Atkore Inc. | Add +2.6% | 1.03% | −0.37 |
| FBIN Fortune Brands Innovations I | Add +0.9% | 1.47% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $780.2M | AMAT, JBL, CIEN, LITE, COHR |
| Q1 2026 | 47 | $653.3M | CIEN, JBL, AMAT, LITE, COHR |
| Q4 2025 | 47 | $639.3M | CIEN, JBL, LITE, AMAT, COHR |
| Q3 2025 | 47 | $574.3M | CIEN, JBL, AMAT, LITE, MSI |
| Q2 2025 | 47 | $532.9M | JBL, CIEN, AMAT, EAT, COHR |
| Q1 2025 | 47 | $473.7M | JBL, CIEN, MSI, EAT, AMAT |
| Q4 2024 | 46 | $527.1M | JBL, CIEN, COHR, AMAT, MSI |
| Q3 2024 | 48 | $537.1M | JBL, AMAT, CIEN, MSI, COHR |
| Q2 2024 | 45 | $506.1M | AMAT, JBL, CIEN, COHR, MSI |
| Q1 2024 | 46 | $523.7M | JBL, AMAT, CIEN, COHR, MSI |