SEC 13F Intelligence

Managers / Q1 2022 · view latest →

North Growth Management Ltd.

CIK 0001745796 · SUITE 830 - 505 BURRARD ST., BOX 56, VANCOUVER, A1, V7X1M4 · 6046885440

Reported Value
$541M
Q1 2022
Positions
51
Filings on Record
30
2019–present window
Filed
Apr 14, 2022
original filing

Summary

North Growth Management Ltd. reported $541M in U.S.-listed holdings across 51 positions for Q1 2022.

Its largest position, CIEN, represents 5.5% of the portfolio.

Compared with Q4 2021, the fund opened 8 new positions and exited 6.

Portfolio Metrics

Turnover
+12.7%
vs prior filed quarter
Top-10 Concentration
+39.3%
share of reported value
Largest Position
+5.5%
Ciena
New / Exited
8 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $374MQ1 ’19Q2 ’19: $404MQ3 ’19: $414MQ4 ’19: $446MQ1 ’20: $356MQ1 ’20Q2 ’20: $417MQ3 ’20: $455MQ4 ’20: $488MQ1 ’21: $564MQ1 ’21Q2 ’21: $615MQ3 ’21: $567MQ4 ’21: $602MQ1 ’22: $541MQ1 ’22Q2 ’22: $431MQ3 ’22: $401MQ4 ’22: $440MQ1 ’23: $469MQ1 ’23Q2 ’23: $487MQ3 ’23: $451MQ4 ’23: $469MQ1 ’24: $524MQ1 ’24Q2 ’24: $506MQ3 ’24: $537MQ4 ’24: $527MQ1 ’25: $474MQ1 ’25Q2 ’25: $533MQ3 ’25: $574MQ4 ’25: $639MQ1 ’26: $653MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.7%Other: 7.3%
  • Common Stock · 92.7% · $502M
  • Other · 7.3% · $40M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HORIZON THERAPEUTICSNEW+121.0K121.0K+$13M$13M
GNRCGENERACNEW+29.0K29.0K+$9M$9M
ALGNALIGN TECHNOLOGYNEW+18.0K18.0K+$8M$8M
INMDINMODENEW+180.0K180.0K+$7M$7M
WBDWARNER BROS DISCOVERY INCNEW+242.0K242.0K+$6M$6M
ROKROCKWELL AUTOMATIONNEW+15.0K15.0K+$4M$4M
ISRGINTUITIVE SURGICALNEW+11.0K11.0K+$3M$3M
LULULULULEMON ATHLETICANEW+1.0K1.0K+$329,000$329,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

51 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CIENCIENAhistory →COM5.54%$30M494.0K
2JBLJABILhistory →COM4.41%$24M387.0K
3LITELUMENTUMhistory →COM4.22%$23M234.0K
4II-VICOM4.11%$22M307.0K
5QCOMQUALCOMMhistory →COM3.89%$21M138.0K
6AMATAPPLIED MATERIALShistory →COM3.68%$20M151.0K
7ELVANTHEMhistory →COM3.57%$19M39.0K
8BMYBRISTOL-MYERS SQUIBBhistory →COM3.43%$19M255.0K
9HPQHPhistory →COM3.36%$18M501.0K
10SEDGSOLAREDGEhistory →COM3.14%$17M53.0K
11MSIMOTOROLA SOLUTIONShistory →COM2.66%$14M59.0K
12DHIDR HORTONhistory →COM2.63%$14M191.0K
13BBYBEST BUYhistory →COM2.57%$14M153.0K
14FDXFEDEX CORPhistory →COM2.54%$14M59.0K
15JACOBS ENGINEERINGCOM2.47%$13M97.0K
16HORIZON THERAPEUTICSCOM2.35%$13M121.0K
17TPRTAPESTRYhistory →COM2.20%$12M321.0K
18NVDANVIDIAhistory →COM2.18%$12M43.0K
19JCIJOHNSON CONTROLShistory →COM2.03%$11M167.0K
20EAELECTRONIC ARTS INChistory →COM2.01%$11M86.0K
21SGITEMPUR SEALY INTERNATIONALhistory →COM1.94%$11M377.0K
22RHRHhistory →COM1.88%$10M31.0K
23GPNGLOBAL PAYMENTShistory →COM1.84%$10M73.0K
24BKNGBOOKING HOLDINGShistory →COM1.84%$10M4.0K
25TXNTEXAS INSTRUMENTShistory →COM1.74%$9M51.0K
26WOOFOOT LOCKERhistory →COM1.71%$9M312.0K
27EATBRINKER INTERNATIONALhistory →COM1.67%$9M238.0K
28RVTYPERKINELMERhistory →COM1.66%$9M51.0K
29AAPLAPPLEhistory →COM1.65%$9M51.0K
30MSFTMICROSOFThistory →COM1.65%$9M29.0K
31SYNEOS HEALTHCOM1.63%$9M109.0K
32GNRCGENERAChistory →COM1.59%$9M29.0K
33EBAYEBAYhistory →COM1.56%$8M147.0K
34ALGNALIGN TECHNOLOGYhistory →COM1.44%$8M18.0K
35FBINFORTUNE BRANDShistory →COM1.35%$7M98.0K
36DISWALT DISNEYhistory →COM1.31%$7M52.0K
37INMDINMODEhistory →COM1.23%$7M180.0K
38AMGNAMGENhistory →COM1.13%$6M25.0K
39WBDWARNER BROS DISCOVERY INChistory →COM1.12%$6M242.0K
40ANFABERCROMBIE & FITCHhistory →COM1.08%$6M183.0K
41FNKOFUNKOCOM0.86%$5M270.0K
42NAUTILUSCOM0.86%$5M1.13M
43CHARGEPOINT HOLDINGSCOM0.85%$5M232.0K
44FSLRFIRST SOLAR INCCOM0.76%$4M49.0K
45ROKROCKWELL AUTOMATIONCOM0.76%$4M15.0K
46ISRGINTUITIVE SURGICALCOM0.59%$3M11.0K
47BIIBBIOGENCOM0.48%$3M12.0K
48WTSWATTS WATERCOM0.41%$2M16.0K
49NOVTNOVANTACOM0.24%$1M9.0K
50CSIQCANADIAN SOLARCOM0.15%$836,00024.0K
51LULULULULEMON ATHLETICACOM0.06%$329,0001.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$653M47Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$639M47Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$574M47Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$533M47Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$474M47Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$527M46Jan 28, 202513F-HRchanges · EDGAR ↗
Q3 2024$537M48Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$506M46Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$524M47Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$469M47Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$451M49Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$487M48Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$469M46May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$440M45Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$401M46Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$431M47Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$541M51Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$602M49Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$567M50Oct 14, 202113F-HRchanges · EDGAR ↗
Q2 2021$615M50Jul 15, 202113F-HRchanges · EDGAR ↗
Q1 2021$564M50May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$488M47Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$455M47Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$417M48Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$356M47May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$446M45Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$414M46Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$404M46Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$374M42May 10, 2019RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.