SEC 13F Intelligence

Managers / Q3 2023 · view latest →

North Growth Management Ltd.

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

Reported Value
$451M
Q3 2023
Positions
49
Filings on Record
30
2019–present window
Filed
Oct 19, 2023
original filing

Summary

North Growth Management Ltd. reported $451M in U.S.-listed holdings across 49 positions for Q3 2023.

Its largest position, JBL, represents 9.3% of the portfolio.

Compared with Q2 2023, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+41.6%
share of reported value
Largest Position
+9.3%
Jabil
New / Exited
2 / 1
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: 95.8%Other: 4.2%
  • Common Stock · 95.8% · $432M
  • Other · 4.2% · $19M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ATKRATKORENEW+24.0K24.0K+$4M$4M
AXONICSNEW+26.0K26.0K+$1M$1M
ARHSARHAUSADDED+140.0K266.0K+$1M$2M
WOOFOOT LOCKERSOLD OUT−188.0K0−$5M$0
NVRNVRADDED+1.0K2.0K+$4M$9M
ULTAULTA BEAUTYADDED+6.0K12.0K+$2M$5M
NVDANVIDIATRIMMED−12.0K23.0K−$5M$10M
BKNGBOOKING HOLDINGSTRIMMED−1.0K3.0K+$1M$11M

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

Holdings — Q3 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JBLJABILhistory →COM9.25%$42M329.0K
2CIENCIENAhistory →COM5.58%$25M532.0K
3AMATAPPLIED MATERIALShistory →COM5.04%$23M164.0K
4HORIZON THERAPEUTICSCOM4.19%$19M163.0K
5MSIMOTOROLA SOLUTIONShistory →COM3.45%$16M57.0K
6QCOMQUALCOMMhistory →COM2.93%$13M119.0K
7COHRCOHERENThistory →COM2.84%$13M393.0K
8JJACOBS SOLUTIONShistory →COM2.82%$13M93.0K
9HPQHPhistory →COM2.75%$12M482.0K
10GPNGLOBAL PAYMENTShistory →COM2.73%$12M107.0K
11ELVELEVANCE HEALTHhistory →COM2.73%$12M28.0K
12INMDINMODEhistory →COM2.61%$12M387.0K
13BMYBRISTOL-MYERS SQUIBBhistory →COM2.50%$11M195.0K
14FDXFEDEX CORPhistory →COM2.50%$11M43.0K
15SGITEMPUR SEALY INTERNATIONALhistory →COM2.47%$11M257.0K
16BKNGBOOKING HOLDINGShistory →COM2.36%$11M3.0K
17NVDANVIDIAhistory →COM2.22%$10M23.0K
18NVRNVRhistory →COM2.06%$9M2.0K
19BBYBEST BUYhistory →COM2.00%$9M130.0K
20LITELUMENTUMhistory →COM1.98%$9M198.0K
21ALGNALIGN TECHNOLOGYhistory →COM1.93%$9M29.0K
22ANFABERCROMBIE & FITCHhistory →COM1.91%$9M153.0K
23JCIJOHNSON CONTROLShistory →COM1.90%$9M161.0K
24TPRTAPESTRYhistory →COM1.85%$8M291.0K
25TXNTEXAS INSTRUMENTShistory →COM1.74%$8M49.0K
26MSFTMICROSOFThistory →COM1.72%$8M25.0K
27EAELECTRONIC ARTS INChistory →COM1.68%$8M63.0K
28AAPLAPPLEhistory →COM1.68%$8M44.0K
29CHARLES RIVER LABORATORIESCOM1.61%$7M37.0K
30RHRHhistory →COM1.60%$7M27.0K
31FBINFORTUNE BRANDShistory →COM1.59%$7M115.0K
32EATBRINKER INTERNATIONALhistory →COM1.49%$7M213.0K
33SEDGSOLAREDGEhistory →COM1.46%$7M51.0K
34RVTYREVVITYhistory →COM1.44%$7M59.0K
35WBDWARNER BROS DISCOVERY INChistory →COM1.38%$6M575.0K
36WTSWATTS WATERhistory →COM1.37%$6M36.0K
37CROXCROCShistory →COM1.35%$6M69.0K
38URIUNITED RENTALShistory →COM1.13%$5M11.0K
39ODFLOLD DOMINION FREIGHT LINEhistory →COM1.08%$5M12.0K
40ULTAULTA BEAUTYhistory →COM1.06%$5M12.0K
41WSTWEST PHARMACEUTICAL SERVICESCOM0.80%$4M10.0K
42ATKRATKORECOM0.78%$4M24.0K
43BIIBBIOGENCOM0.65%$3M11.0K
44ARHSARHAUSCOM0.55%$2M266.0K
45MBCMASTERBRANDCOM0.49%$2M181.0K
46AXONICSCOM0.32%$1M26.0K
47CSIQCANADIAN SOLARCOM0.26%$1M47.0K
48ZYMEZYMEWORKS INCCOM0.14%$614,00097.0K
49LULULULULEMON ATHLETICACOM0.03%$129,0000

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 ↗.