NG

North Growth Management Ltd.

Diversified strategySector-focusedMomentum follower

Total reported value

$653.3M

Reporting period: 2026-03-31 · Number of holdings: 47

North Growth Management Ltd. disclosed 47 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $653.3M and a quarterly turnover rate of 15.6%.

Personality snowflake

Concentration
14.35
Portfolio Stability
15.64
Momentum/Contrarian
100
Sector conviction
100
Diversification
94
Sizing Uniformity
91.63

Recent moves

  • Trim EA

    -52.1%　-$7.7M

  • Add HPQ

    +74.2%　$5.3M

  • Add WST

    +59.0%　$4.7M

  • Trim SGI

    -5.2%　-$4.1M

  • Trim ANF

    +1.7%　-$3.9M

  • Trim QCOM

    -21.1%　-$4.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1CIENCiena CORPStock-Tech9.34%+0.31%-36.44%
2JBLJabil INCStock-Tech7.20%-0.08%-13.24%
3AMATApplied Materials INCStock-Tech5.83%+0.49%-16.54%
4LITELumentum Holdings INCStock-Tech5.75%+0.29%-44.21%
5COHRCoherent CORPStock-Tech4.15%-0.05%-21.38%
6MSIMotorola Solutions INCStock-Tech3.45%+0.55%+8.33%
7EATBrinker International INCStock-Consumer Disc3.11%-0.02%+1.43%
8JNJJohnson & JohnsonStock-Healthcare3.03%+0.15%-1.31%
9TPRTapestry INCStock-Consumer Disc2.97%+0.04%-6.12%
10NVDANvidia CORPStock-Tech2.49%+0.08%+12.05%
11HPQHp INCStock-Tech2.44%+0.78%+74.16%
12WSTWest Pharmaceutical ServicesStock-Healthcare2.38%+0.69%+58.97%
13BKNGBooking Holdings INCStock-Consumer Disc2.36%-0.49%+33.33%
14SGISomnigroup International INCStock-Consumer Disc2.29%-0.68%-5.16%
15TXNTexas Instruments INCStock-Tech2.21%+0.23%+1.37%
16WBDWarner Bros Discovery INCStock-Comm Services2.16%-0.11%+1.99%
17ITGRInteger Holdings CORPStock-Healthcare2.15%+0.56%+23.26%
18WTSWatts Water Technologies-aStock-Industrials2.07%+0.33%+17.50%
19TMOThermo Fisher Scientific INCStock-Healthcare2.01%-0.10%+17.39%
20IQVIqvia Holdings INCStock-Healthcare1.97%+0.19%+49.02%
21GPNGlobal Payments INCStock-Industrials1.84%-0.01%+16.34%
22ANFAbercrombie & Fitch Co-cl AStock-Consumer Disc1.71%-0.65%+1.67%
23AZOAutozone INCStock-Consumer Disc1.71%+0.13%—
24ULTAUlta Beauty INCStock-Consumer Disc1.68%-0.51%-8.70%
25NVRNvr INCStock-Consumer Disc1.60%-0.02%+100.00%
26AAPLApple INCStock-Tech1.59%+0.14%+20.59%
27JJacobs Solutions INCStock-Industrials1.58%-0.39%-14.74%
28CROXCrocs INCStock-Consumer Disc1.56%+0.18%+19.42%
29URIUnited Rentals INCStock-Industrials1.52%+0.15%+27.27%
30ADBEAdobe INCStock-Tech1.42%+1.42%NEW
31INMDInMode Ltd.Stock-Other1.42%-0.10%+2.11%
32ALGNAlign Technology INCStock-Healthcare1.21%+0.11%+2.22%
33ELVElevance Health INCStock-Healthcare1.16%-0.06%+18.18%
34EAElectronic Arts INCStock-Comm Services1.10%-1.22%-52.05%
35MSFTMicrosoft CORPStock-Tech1.10%-0.33%—
36NKENike INC -cl BStock-Consumer Disc1.08%-0.08%+15.52%
37FDXFedex CORPStock-Industrials1.02%-0.28%-34.48%
38ODFLOld Dominion Freight LineStock-Industrials1.01%+0.25%+9.68%
39BIIBBiogen INCStock-Healthcare0.98%+0.04%+2.94%
40QCOMQualcomm INCStock-Tech0.89%-0.64%-21.05%
41ARHSArhaus INCStock-Other0.84%-0.39%+15.38%
42FBINFortune Brands Innovations IStock-Industrials0.73%-0.16%+7.02%
43AMTMAmentum Holdings INCStock-Industrials0.69%+0.24%+75.51%
44MBCMasterbrand INCStock-Consumer Disc0.55%+0.17%+97.25%
45FSLRFirst Solar INCStock-Tech0.46%-0.15%—
46ZYMEZymeworks INCStock-Other0.17%-0.01%+2.22%
47LULULululemon Athletica INCStock-Consumer Disc0.03%-0.01%—

Holding changes this quarter

North Growth Management Ltd.'s most significant position changes for 2026-03-31: New buy: Adobe INC (ADBE); Sold out: Atkore INC (ATKR); Trim: Electronic Arts INC (EA) — shares -52.05%; Add: Hp INC (HPQ) — shares +74.16%; Add: West Pharmaceutical Services (WST) — shares +58.97%.

Position changes disclosed by North Growth Management Ltd. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1HPQHp INC+0.8%+74.16%Add
2WSTWest Pharmaceutical Services+0.7%+58.97%Add
3ITGRInteger Holdings CORP+0.6%+23.26%Add
4MSIMotorola Solutions INC+0.6%+8.33%Add
5AMATApplied Materials INC+0.5%-16.54%Trim
6WTSWatts Water Technologies-a+0.3%+17.50%Add
7CIENCiena CORP+0.3%-36.44%Trim
8LITELumentum Holdings INC+0.3%-44.21%Trim
9ODFLOld Dominion Freight Line+0.3%+9.68%Add
10AMTMAmentum Holdings INC+0.2%+75.51%Add
11TXNTexas Instruments INC+0.2%+1.37%Add
12IQVIqvia Holdings INC+0.2%+49.02%Add
13CROXCrocs INC+0.2%+19.42%Add
14MBCMasterbrand INC+0.2%+97.25%Add
15JNJJohnson & Johnson+0.2%-1.31%Trim
16URIUnited Rentals INC+0.2%+27.27%Add
17AAPLApple INC+0.1%+20.59%Add
18AZOAutozone INC+0.1%—Unchanged
19ALGNAlign Technology INC+0.1%+2.22%Add
20NVDANvidia CORP+0.1%+12.05%Add
21TPRTapestry INC0%-6.12%Trim
22BIIBBiogen INC0%+2.94%Add
23GPNGlobal Payments INC0%+16.34%Add
24LULULululemon Athletica INC0%—Unchanged
25ZYMEZymeworks INC0%+2.22%Add
26EATBrinker International INC0%+1.43%Add
27NVRNvr INC0%+100.00%Add
28COHRCoherent CORP-0.1%-21.38%Trim
29ELVElevance Health INC-0.1%+18.18%Add
30JBLJabil INC-0.1%-13.24%Trim
31NKENike INC -cl B-0.1%+15.52%Add
32INMDInMode Ltd.-0.1%+2.11%Add
33TMOThermo Fisher Scientific INC-0.1%+17.39%Add
34WBDWarner Bros Discovery INC-0.1%+1.99%Add
35FSLRFirst Solar INC-0.2%—Unchanged
36FBINFortune Brands Innovations I-0.2%+7.02%Add
37FDXFedex CORP-0.3%-34.48%Trim
38MSFTMicrosoft CORP-0.3%—Unchanged
39ARHSArhaus INC-0.4%+15.38%Add
40JJacobs Solutions INC-0.4%-14.74%Trim
41BKNGBooking Holdings INC-0.5%+33.33%Add
42ULTAUlta Beauty INC-0.5%-8.70%Trim
43QCOMQualcomm INC-0.6%-21.05%Trim
44ANFAbercrombie & Fitch Co-cl A-0.7%+1.67%Add
45SGISomnigroup International INC-0.7%-5.16%Trim
46EAElectronic Arts INC-1.2%-52.05%Trim
47ADBEAdobe INC—NEWNew buy
48ATKRAtkore INC—EXITSold out

FAQ

What is North Growth Management Ltd. and what type of investor is it?
North Growth Management Ltd. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $653.3M, spread across 47 disclosed positions.
What are North Growth Management Ltd.'s largest equity positions?
Based on the latest 13F filing, North Growth Management Ltd.'s top holdings by market value are: 1. Ciena CORP (CIEN) — $61.0M (9.3%) 2. Jabil INC (JBL) — $47.0M (7.2%) 3. Applied Materials INC (AMAT) — $38.1M (5.8%) 4. Lumentum Holdings INC (LITE) — $37.6M (5.8%) 5. Coherent CORP (COHR) — $27.1M (4.2%)
What changes did North Growth Management Ltd. make in its most recent portfolio filing?
In the latest reported quarter, North Growth Management Ltd. made 44 notable position adjustments: 1 new positions were initiated, 29 existing holdings were added to, 13 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Adobe INC (ADBE); Sold out: Atkore INC (ATKR); Trim: Electronic Arts INC (EA) — shares -52.05%; Add: Hp INC (HPQ) — shares +74.16%; Add: West Pharmaceutical Services (WST) — shares +58.97%
What sectors does North Growth Management Ltd. focus on?
North Growth Management Ltd. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 59.8% • Health Care: 20.1% • Consumer Discretionary: 16.8% • Industrials: 3.3%