SEC 13F Intelligence

Managers / Q4 2023 · view latest →

North Growth Management Ltd.

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

Reported Value
$469M
Q4 2023
Positions
47
Filings on Record
30
2019–present window
Filed
Feb 7, 2024
original filing

Summary

North Growth Management Ltd. reported $469M in U.S.-listed holdings across 47 positions for Q4 2023.

Its largest position, JBL, represents 7.4% of the portfolio.

Compared with Q3 2023, the fund opened 2 new positions and exited 4.

Portfolio Metrics

Turnover
+12.5%
vs prior filed quarter
Top-10 Concentration
+40.9%
share of reported value
Largest Position
+7.4%
Jabil
New / Exited
2 / 4
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: 100.0%
  • Common Stock · 100.0% · $469M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ITGRINTEGER HOLDINGSNEW+92.0K92.0K+$9M$9M
TMOTHERMO FISHER SCIENTIFICNEW+16.0K16.0K+$9M$9M
HORIZON THERAPEUTICSSOLD OUT−163.0K0−$19M$0
BMYBRISTOL-MYERS SQUIBBSOLD OUT−195.0K0−$11M$0
BBYBEST BUYSOLD OUT−130.0K0−$9M$0
RVTYREVVITYSOLD OUT−59.0K0−$7M$0
ARHSARHAUSADDED+218.0K484.0K+$3M$6M
SEDGSOLAREDGEADDED+30.0K81.0K+$1M$8M

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

Holdings — Q4 2023

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JBLJABILhistory →COM7.41%$35M273.0K
2AMATAPPLIED MATERIALShistory →COM5.67%$27M164.0K
3CIENCIENAhistory →COM5.11%$24M532.0K
4MSIMOTOROLA SOLUTIONShistory →COM3.82%$18M57.0K
5QCOMQUALCOMMhistory →COM3.67%$17M119.0K
6COHRCOHERENThistory →COM3.65%$17M393.0K
7HPQHPhistory →COM3.09%$14M482.0K
8GPNGLOBAL PAYMENTShistory →COM2.89%$14M107.0K
9ELVELEVANCE HEALTHhistory →COM2.84%$13M28.0K
10SGITEMPUR SEALY INTERNATIONALhistory →COM2.79%$13M257.0K
11BKNGBOOKING HOLDINGShistory →COM2.61%$12M3.0K
12JJACOBS SOLUTIONShistory →COM2.58%$12M93.0K
13INMDINMODEhistory →COM2.53%$12M534.0K
14NVDANVIDIAhistory →COM2.42%$11M23.0K
15ANFABERCROMBIE & FITCHhistory →COM2.42%$11M129.0K
16NVRNVRhistory →COM2.33%$11M2.0K
17TPRTAPESTRYhistory →COM2.28%$11M291.0K
18LITELUMENTUMhistory →COM2.21%$10M198.0K
19FDXFEDEX CORPhistory →COM2.06%$10M38.0K
20JCIJOHNSON CONTROLShistory →COM1.98%$9M161.0K
21MSFTMICROSOFThistory →COM1.97%$9M25.0K
22EATBRINKER INTERNATIONALhistory →COM1.96%$9M213.0K
23ITGRINTEGER HOLDINGShistory →COM1.95%$9M92.0K
24ALGNALIGN TECHNOLOGYhistory →COM1.94%$9M33.0K
25FBINFORTUNE BRANDShistory →COM1.87%$9M115.0K
26CHARLES RIVER LABORATORIESCOM1.87%$9M37.0K
27EAELECTRONIC ARTS INChistory →COM1.84%$9M63.0K
28TMOTHERMO FISHER SCIENTIFIChistory →COM1.83%$9M16.0K
29AAPLAPPLEhistory →COM1.82%$9M44.0K
30TXNTEXAS INSTRUMENTShistory →COM1.79%$8M49.0K
31SEDGSOLAREDGEhistory →COM1.62%$8M81.0K
32WBDWARNER BROS DISCOVERY INChistory →COM1.59%$7M655.0K
33WTSWATTS WATERhistory →COM1.59%$7M36.0K
34URIUNITED RENTALShistory →COM1.40%$7M11.0K
35CROXCROCShistory →COM1.37%$6M69.0K
36ODFLOLD DOMINION FREIGHT LINEhistory →COM1.31%$6M15.0K
37ULTAULTA BEAUTYhistory →COM1.25%$6M12.0K
38ATKRATKOREhistory →COM1.23%$6M36.0K
39ARHSARHAUShistory →COM1.22%$6M484.0K
40RHRHhistory →COM1.21%$6M20.0K
41WSTWEST PHARMACEUTICAL SERVICESCOM0.93%$4M12.0K
42BIIBBIOGENCOM0.63%$3M11.0K
43MBCMASTERBRANDCOM0.57%$3M181.0K
44AXONICSCOM0.34%$2M26.0K
45CSIQCANADIAN SOLARCOM0.29%$1M51.0K
46ZYMEZYMEWORKS INCCOM0.21%$1M97.0K
47LULULULULEMON ATHLETICACOM0.04%$171,0000

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 ↗.