North Growth Management Ltd.

CIK

1745796

Location

VANCOUVER, A1

Portfolio Value

Small $656,137,439

Diversification

Diversified

Filing Date

Global Rank

#1,977 / 8,232 ▲ 174

Top Industry

Communication Equipment 18.4%

3Y Alpha vs SPY

+12.0%

Period ended 2 months ago

Filed Apr 24, 2026 · 51d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+134.1%

SPY

+76.3%

Annualised alpha

+12.0%

Max drawdown

−27.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

47 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.3%

+0.2 pts

Top 5

32.1%

+0.5 pts

Top 10

47.1%

+0.6 pts

HHI

357

Diversified+6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	48.0%	$314,816,280	14
Consumer Cyclical	21.9%	$143,464,229	13
Industrials	13.5%	$88,557,120	9
Healthcare	13.4%	$88,077,380	9
Communication Services	3.2%	$21,222,430	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HPQ	Hp Inc	+353,000	829,000	$15,925,090
MBC	MasterBrand, Inc.	+212,000	430,000	$3,573,300
ARHS	Arhaus, Inc.	+108,000	810,000	$5,491,800
AMTM	Amentum Holdings, Inc.	+74,000	172,000	$4,485,760
ITGR	Integer Holdings Corp	+30,000	159,000	$13,992,000
GPN	Global Payments Inc	+25,000	178,000	$11,979,400
IQV	Iqvia Holdings Inc.	+25,000	76,000	$12,961,040
WST	West Pharmaceutical Services Inc	+23,000	62,000	$15,539,680
CROX	Crocs, Inc.	+20,000	123,000	$10,211,460
NKE	NIKE, Inc.	+18,000	134,000	$7,077,880
INMD	InMode Ltd.	+14,000	676,000	$9,247,680
NVDA	Nvidia Corp	+10,000	93,000	$16,219,200
WBD	Warner Bros. Discovery, Inc.	+10,000	513,000	$14,086,980
FBIN	Fortune Brands Innovations, Inc.	+8,000	122,000	$4,754,340
WTS	Watts Water Technologies Inc	+7,000	47,000	$13,643,630
AAPL	Apple Inc.	+7,000	41,000	$10,405,390
TMO	Thermo Fisher Scientific Inc.	+4,000	27,000	$13,271,310
MSI	Motorola Solutions, Inc.	+4,000	52,000	$22,566,440
ELV	Elevance Health, Inc.	+4,000	26,000	$7,611,500
ODFL	Old Dominion Freight Line, Inc.	+3,000	34,000	$6,643,600
URI	United Rentals, Inc.	+3,000	14,000	$10,199,840
EAT	Brinker International, Inc	+2,000	142,000	$20,273,340
ANF	Abercrombie & Fitch Co /De/	+2,000	122,000	$11,147,140
NVR	Nvr Inc	+1,000	2,000	$13,179,660
BIIB	Biogen Inc.	+1,000	35,000	$6,416,550
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
CIEN	Ciena Corp	−90,000	157,000	$60,952,110
LITE	Lumentum Holdings Inc.	−42,000	53,000	$37,246,280
EA	Electronic Arts Inc.	−38,000	35,000	$7,135,450
COHR	Coherent Corp.	−31,000	114,000	$27,155,940
JBL	Jabil Inc	−27,000	177,000	$47,016,510
AMAT	Applied Materials Inc /De	−22,000	111,000	$37,938,690
J	Jacobs Solutions Inc.	−14,000	81,000	$10,309,680
QCOM	Qualcomm Inc/De	−12,000	45,000	$5,795,100
SGI	Somnigroup International Inc.	−11,000	202,000	$14,931,840
FDX	Fedex Corp	−10,000	19,000	$6,767,420
TPR	Tapestry, Inc.	−9,000	138,000	$19,473,180
ULTA	Ulta Beauty, Inc.	−2,000	21,000	$10,976,910
JCI	Johnson Controls International plc	−2,000	151,000	$19,773,450
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
ADBE	Adobe Inc.	38,000	$9,237,040
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ATKR	Atkore Inc.	94,000	$5,945,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 positions · $656,137,439 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CIEN	Ciena Corp Technology	Reduced	157,000	-90,000	$60,952,110	+5.5%	9.29%
JBL	Jabil Inc Technology	Reduced	177,000	-27,000	$47,016,510	+1.1%	7.17%
AMAT	Applied Materials Inc /De Technology	Reduced	111,000	-22,000	$37,938,690	+11.0%	5.78%
LITE	Lumentum Holdings Inc. Technology	Reduced	53,000	-42,000	$37,246,280	+6.4%	5.68%
COHR	Coherent Corp. Technology	Reduced	114,000	-31,000	$27,155,940	+1.5%	4.14%
MSI	Motorola Solutions, Inc. Technology	Added	52,000	+4,000	$22,566,440	+22.6%	3.44%
EAT	Brinker International, Inc Consumer Cyclical	Added	142,000	+2,000	$20,273,340	+0.9%	3.09%
JCI	Johnson Controls International plc Industrials	Reduced	151,000	-2,000	$19,773,450	+7.9%	3.01%
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	138,000	-9,000	$19,473,180	+3.7%	2.97%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	4,000	+1,000	$16,841,279	+4.8%	2.57%
NVDA	Nvidia Corp Technology	Added	93,000	+10,000	$16,219,200	+4.8%	2.47%
HPQ	Hp Inc Technology	Added	829,000	+353,000	$15,925,090	+50.2%	2.43%
WST	West Pharmaceutical Services Inc Healthcare	Added	62,000	+23,000	$15,539,680	+44.8%	2.37%
SGI	Somnigroup International Inc. Consumer Cyclical	Reduced	202,000	-11,000	$14,931,840	−21.5%	2.28%
TXN	Texas Instruments Inc Technology	Added	74,000	+1,000	$14,366,360	+13.4%	2.19%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	513,000	+10,000	$14,086,980	−2.8%	2.15%
ITGR	Integer Holdings Corp Healthcare	Added	159,000	+30,000	$13,992,000	+38.3%	2.13%
WTS	Watts Water Technologies Inc Industrials	Added	47,000	+7,000	$13,643,630	+23.6%	2.08%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	27,000	+4,000	$13,271,310	−0.4%	2.02%
NVR	Nvr Inc Consumer Cyclical	Added	2,000	+1,000	$13,179,660	+80.7%	2.01%
IQV	Iqvia Holdings Inc. Healthcare	Added	76,000	+25,000	$12,961,040	+12.7%	1.98%
GPN	Global Payments Inc Industrials	Added	178,000	+25,000	$11,979,400	+1.2%	1.83%
ANF	Abercrombie & Fitch Co /De/ Consumer Cyclical	Added	122,000	+2,000	$11,147,140	−26.2%	1.70%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Reduced	21,000	-2,000	$10,976,910	−21.1%	1.67%
AAPL	Apple Inc. Technology	Added	41,000	+7,000	$10,405,390	+12.6%	1.59%
J	Jacobs Solutions Inc. Industrials	Reduced	81,000	-14,000	$10,309,680	−18.1%	1.57%
CROX	Crocs, Inc. Consumer Cyclical	Added	123,000	+20,000	$10,211,460	+15.9%	1.56%
URI	United Rentals, Inc. Industrials	Added	14,000	+3,000	$10,199,840	+14.6%	1.55%
AZO	Autozone Inc Consumer Cyclical	Held	3,000	0	$10,133,340	−0.4%	1.54%
INMD	InMode Ltd. Healthcare	Added	676,000	+14,000	$9,247,680	−4.9%	1.41%
ADBE	Adobe Inc. Technology	NEW	38,000	NEW	$9,237,040	NEW	1.41%
ALGN	Align Technology Inc Healthcare	Added	46,000	+1,000	$7,885,780	+12.2%	1.20%
ELV	Elevance Health, Inc. Healthcare	Added	26,000	+4,000	$7,611,500	−1.3%	1.16%
EA	Electronic Arts Inc. Communication Services	Reduced	35,000	-38,000	$7,135,450	−52.2%	1.09%
NKE	NIKE, Inc. Consumer Cyclical	Added	134,000	+18,000	$7,077,880	−4.2%	1.08%
MSFT	Microsoft Corp Technology	Held	19,000	0	$7,033,230	−23.5%	1.07%
FDX	Fedex Corp Industrials	Reduced	19,000	-10,000	$6,767,420	−19.2%	1.03%
ODFL	Old Dominion Freight Line, Inc. Industrials	Added	34,000	+3,000	$6,643,600	+36.7%	1.01%
BIIB	Biogen Inc. Healthcare	Added	35,000	+1,000	$6,416,550	+7.2%	0.98%
QCOM	Qualcomm Inc/De Technology	Reduced	45,000	-12,000	$5,795,100	−40.6%	0.88%
ARHS	Arhaus, Inc. Consumer Cyclical	Added	810,000	+108,000	$5,491,800	−30.2%	0.84%
FBIN	Fortune Brands Innovations, Inc. Industrials	Added	122,000	+8,000	$4,754,340	−16.6%	0.72%
AMTM	Amentum Holdings, Inc. Industrials	Added	172,000	+74,000	$4,485,760	+57.8%	0.68%
MBC	MasterBrand, Inc. Consumer Cyclical	Added	430,000	+212,000	$3,573,300	+48.5%	0.54%
FSLR	First Solar, Inc. Technology	Held	15,000	0	$2,958,900	−24.5%	0.45%
ZYME	Zymeworks Inc. Healthcare	Added	46,000	+1,000	$1,151,840	−2.8%	0.18%
LULU	lululemon athletica inc. Consumer Cyclical	Held	1,000	0	$153,100	−26.3%	0.02%