SEC 13F Intelligence

Managers / Q4 2024 · view latest →

North Growth Management Ltd.

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

Reported Value
$527M
Q4 2024
Positions
46
Filings on Record
30
2019–present window
Filed
Jan 28, 2025
original filing

Summary

North Growth Management Ltd. reported $527M in U.S.-listed holdings across 46 positions for Q4 2024.

Its largest position, JBL, represents 7.8% of the portfolio.

Compared with Q3 2024, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+45.6%
share of reported value
Largest Position
+7.8%
Jabil

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% · $527M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NKENIKE CL BADDED+37.0K53.0K+$3M$4M
AXONICSSOLD OUT−25.0K0−$2M$0
CSIQCANADIAN SOLARSOLD OUT−27.0K0−$449,000$0
BIIBBIOGENADDED+7.0K18.0K+$529,000$3M
FSLRFIRST SOLAR INCADDED+5.0K15.0K+$34,000$3M
ATKRATKORETRIMMED−27.0K37.0K−$2M$3M
ODFLOLD DOMINION FREIGHT LINETRIMMED−8.0K26.0K−$2M$5M
TPRTAPESTRYTRIMMED−60.0K230.0K+$1M$15M

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

Holdings — Q4 2024

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JBLJABILhistory →COM7.75%$41M284.0K
2CIENCIENAhistory →COM7.38%$39M458.0K
3COHRCOHERENThistory →COM4.88%$26M272.0K
4AMATAPPLIED MATERIALShistory →COM4.47%$24M145.0K
5MSIMOTOROLA SOLUTIONShistory →COM4.40%$23M50.0K
6EATBRINKER INTERNATIONALhistory →COM4.37%$23M174.0K
7LITELUMENTUMhistory →COM3.43%$18M216.0K
8BKNGBOOKING HOLDINGShistory →COM3.18%$17M3.0K
9HPQHPhistory →COM2.92%$15M472.0K
10TPRTAPESTRYhistory →COM2.86%$15M230.0K
11SGITEMPUR SEALY INTERNATIONALhistory →COM2.71%$14M252.0K
12NVDANVIDIAhistory →COM2.52%$13M99.0K
13QCOMQUALCOMMhistory →COM2.47%$13M85.0K
14ITGRINTEGER HOLDINGShistory →COM2.44%$13M97.0K
15JCIJOHNSON CONTROLShistory →COM2.36%$12M158.0K
16JJACOBS SOLUTIONShistory →COM2.31%$12M91.0K
17ANFABERCROMBIE & FITCHhistory →COM2.27%$12M80.0K
18GPNGLOBAL PAYMENTShistory →COM2.22%$12M105.0K
19NVRNVRhistory →COM2.18%$11M1.0K
20WBDWARNER BROS DISCOVERY INChistory →COM2.05%$11M1.02M
21TXNTEXAS INSTRUMENTShistory →COM2.04%$11M57.0K
22ELVELEVANCE HEALTHhistory →COM1.94%$10M28.0K
23INMDINMODEhistory →COM1.85%$10M584.0K
24FDXFEDEX CORPhistory →COM1.79%$9M33.0K
25CROXCROCShistory →COM1.77%$9M85.0K
26AAPLAPPLEhistory →COM1.76%$9M37.0K
27EAELECTRONIC ARTS INChistory →COM1.71%$9M62.0K
28ULTAULTA BEAUTYhistory →COM1.65%$9M20.0K
29MSFTMICROSOFThistory →COM1.64%$9M21.0K
30WTSWATTS WATERhistory →COM1.54%$8M40.0K
31FBINFORTUNE BRANDShistory →COM1.46%$8M113.0K
32TMOTHERMO FISHER SCIENTIFIChistory →COM1.38%$7M14.0K
33CHARLES RIVER LABORATORIESCOM1.36%$7M39.0K
34ALGNALIGN TECHNOLOGYhistory →COM1.28%$7M32.0K
35URIUNITED RENTALShistory →COM1.14%$6M9.0K
36WSTWEST PHARMACEUTICAL SERVICEShistory →COM1.13%$6M18.0K
37ARHSARHAUSCOM0.97%$5M544.0K
38ODFLOLD DOMINION FREIGHT LINECOM0.87%$5M26.0K
39NKENIKE CL BCOM0.77%$4M53.0K
40ATKRATKORECOM0.59%$3M37.0K
41BIIBBIOGENCOM0.52%$3M18.0K
42FSLRFIRST SOLAR INCCOM0.50%$3M15.0K
43MBCMASTERBRANDCOM0.49%$3M177.0K
44AMTMAMENTUM HOLDINGSCOM0.36%$2M91.0K
45ZYMEZYMEWORKS INCCOM0.27%$1M97.0K
46LULULULULEMON ATHLETICACOM0.05%$275,0001.0K

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 ↗.