North Growth Management Ltd.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), North Growth Management Ltd. reported 48 stock positions worth $537.1 million. Its top holding was Jabil (JBL) at 6.4% of the portfolio, followed by Applied Materials (AMAT, 6.2%) and Ciena (CIEN, 6.1%). Compared with Q2 2024, it opened 1 new position, added to 18 and reduced 3. The biggest buy was Ciena (CIEN, shares +0%) and the biggest sale Coherent (COHR, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0001745796
- Portfolio Value
- $537.1M (Q3 2024)
- SEC Filing
- 0001745796-24-000004 ↗ filed Nov 5, 2024
Holdings Value
Holdings 48 stocks · $537.1M
| JBL Jabil Inc. | 6.45% | 289,000 | $34.6M | Add +0.3% |
| AMAT Applied Materials Inc. | 6.16% | 164,000 | $33.1M | Add +0.6% |
| CIEN Ciena Corp. | 6.08% | 531,000 | $32.7M | Add +0.4% |
| MSI Motorola Solutions Inc. | 4.77% | 57,000 | $25.6M | No change |
| COHR Coherent Corp. | 4.58% | 277,000 | $24.6M | Reduce -15.8% |
| HPQ HP Inc. | 3.21% | 480,000 | $17.2M | Add +0.2% |
| EAT Brinker International Inc. | 3.03% | 213,000 | $16.3M | Add +0.5% |
| QCOM Qualcomm Inc. | 2.74% | 86,000 | $14.7M | No change |
| ELV Elevance Health Inc. | 2.73% | 28,000 | $14.6M | No change |
| BKNG Booking Holdings Inc. | 2.70% | 3,000 | $14.5M | No change |
| NVR NVR Inc. | 2.61% | 1,000 | $14.0M | Reduce -50.0% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 2.60% | 256,000 | $14.0M | Add +0.4% |
| LITE Lumentum Holdings Inc. | 2.59% | 219,000 | $13.9M | No change |
| TPR Tapestry Inc. | 2.54% | 290,000 | $13.6M | Add +0.3% |
| ITGR Integer Holdings Corp. | 2.39% | 99,000 | $12.9M | Add +7.6% |
| CROX Crocs Inc. | 2.34% | 87,000 | $12.5M | Add +1.2% |
| JCI Johnson Controls Internation | 2.32% | 160,000 | $12.4M | No change |
| NVDA Nvidia Corp. | 2.28% | 101,000 | $12.2M | No change |
| J Jacobs Solutions Inc. | 2.27% | 93,000 | $12.2M | No change |
| TXN Texas Instruments Inc. | 2.25% | 58,000 | $12.1M | No change |
| ANF Abercrombie & Fitch Co. Class A | 2.12% | 82,000 | $11.4M | Add +1.2% |
| GPN Global Payments Inc. | 2.03% | 106,000 | $10.9M | No change |
| MSFT Microsoft Corp. | 1.96% | 24,000 | $10.5M | No change |
| FDX FedEx Corp. | 1.94% | 38,000 | $10.4M | No change |
| FBIN Fortune Brands Innovations I | 1.92% | 115,000 | $10.3M | No change |
| AAPL Apple Inc. | 1.91% | 44,000 | $10.3M | No change |
| INMD Inmode Ltd. | 1.88% | 595,000 | $10.1M | Add +0.3% |
| EA Electronic Arts Inc. | 1.68% | 63,000 | $9.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 1.64% | 14,000 | $8.8M | No change |
| WBD Warner Bros Discovery Inc. | 1.60% | 1,042,000 | $8.6M | Add +0.1% |
| WTS Watts Water Technologies-A | 1.57% | 41,000 | $8.4M | Add +13.9% |
| ALGN Align Technology Inc. | 1.56% | 33,000 | $8.4M | No change |
| ULTA Ulta Beauty Inc. | 1.48% | 20,000 | $7.9M | No change |
| URI United Rentals Inc. | 1.31% | 9,000 | $7.0M | No change |
| ODFL Old Dominion Freight Line | 1.27% | 34,000 | $6.8M | No change |
| ARHS Arhaus Inc. | 1.27% | 553,000 | $6.8M | Add +15.0% |
| CRL Charles River Laboratories | 1.20% | 33,000 | $6.5M | No change |
| WST West Pharmaceutical Services | 1.04% | 19,000 | $5.6M | Add +18.8% |
| ATKR Atkore Inc. | 1.01% | 64,000 | $5.4M | Add +64.1% |
| MBC Masterbrand Inc. | 0.62% | 180,000 | $3.3M | Add +0.6% |
| AMTM Amentum Holdings Inc. | 0.56% | 93,000 | $3.0M | No change |
| FSLR First Solar Inc. | 0.48% | 10,000 | $2.6M | No change |
| BIIB Biogen Inc. | 0.41% | 11,000 | $2.2M | No change |
| AXONICS INC | 0.33% | 25,000 | $1.8M | No change |
| NKE Nike Inc. Class B | 0.26% | 16,000 | $1.4M | New |
| ZYME Zymeworks Inc. | 0.23% | 97,000 | $1.2M | No change |
| CSIQ Canadian Solar Inc. | 0.08% | 27,000 | $449K | Reduce -47.1% |
| LULU Lululemon Athletica Inc. | 0.04% | 1,000 | $195K | Add +0.0% |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| CIEN Ciena Corp. | Add +0.4% | 6.08% | +1.05 |
| ITGR Integer Holdings Corp. | Add +7.6% | 2.39% | +0.30 |
| WTS Watts Water Technologies-A | Add +13.9% | 1.57% | +0.28 |
| NKE Nike Inc. Class B | New | 0.26% | +0.26 |
| JBL Jabil Inc. | Add +0.3% | 6.45% | +0.25 |
| SGI Somnigroup International Inc. | Add +0.4% | 2.60% | +0.21 |
| MBC Masterbrand Inc. | Add +0.6% | 0.62% | +0.10 |
| TPR Tapestry Inc. | Add +0.3% | 2.54% | +0.09 |
| WBD Warner Bros Discovery Inc. | Add +0.1% | 1.60% | +0.07 |
| LULU Lululemon Athletica Inc. | Add +0.0% | 0.04% | +0.04 |
| WST West Pharmaceutical Services | Add +18.8% | 1.04% | +0.02 |
| EAT Brinker International Inc. | Add +0.5% | 3.03% | −0.00 |
| ATKR Atkore Inc. | Add +64.1% | 1.01% | −0.02 |
| HPQ HP Inc. | Add +0.2% | 3.21% | −0.11 |
| CROX Crocs Inc. | Add +1.2% | 2.34% | −0.16 |
| INMD Inmode Ltd. | Add +0.3% | 1.88% | −0.26 |
| ARHS Arhaus Inc. | Add +15.0% | 1.27% | −0.34 |
| ANF Abercrombie & Fitch Co. Class A | Add +1.2% | 2.12% | −0.73 |
| AMAT Applied Materials Inc. | Add +0.6% | 6.16% | −1.45 |
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 |