Latest North Growth Management Ltd. Stock Portfolio
North Growth Management Ltd. Performance:
2025 Q3: 12.7%YTD: 17.7%2024: 26.34%
Performance for 2025 Q3 is 12.7%, and YTD is 17.7%, and 2024 is 26.34%.
About North Growth Management Ltd. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, North Growth Management Ltd. reported an equity portfolio of $574.3 Millions as of 30 Sep, 2025.
The top stock holdings of North Growth Management Ltd. are CIEN, JBL, AMAT. The fund has invested 8.2% of it's portfolio in CIENA and 7.6% of portfolio in JABIL.
They significantly reduced their stock positions in LUMENTUM (LITE), CIENA (CIEN) and COHERENT (COHR). The fund showed a lot of confidence in some stocks as they added substantially to AUTOZONE (AZO), THERMO FISHER SCIENTIFIC (TMO) and ALIGN TECHNOLOGY (ALGN).
The top stock holdings of North Growth Management Ltd. are CIEN, JBL, AMAT. The fund has invested 8.2% of it's portfolio in CIENA and 7.6% of portfolio in JABIL.
They significantly reduced their stock positions in LUMENTUM (LITE), CIENA (CIEN) and COHERENT (COHR). The fund showed a lot of confidence in some stocks as they added substantially to AUTOZONE (AZO), THERMO FISHER SCIENTIFIC (TMO) and ALIGN TECHNOLOGY (ALGN).
North Growth Management Ltd. Annual Return Estimates Vs S&P 500
Our best estimate is that North Growth Management Ltd. made a return of 12.7% in the last quarter. In trailing 12 months, it's portfolio return was 22.75%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| autozone | 100 |
| thermo fisher scientific | 40.00 |
| align technology | 36.36 |
| iqvia | 33.33 |
| united rentals | 22.22 |
| west pharmaceutical services | 17.24 |
| atkore | 14.81 |
| integer holdings | 5.1 |
Additions to existing portfolio by North Growth Management Ltd.
Reductions
| Ticker | % Reduced |
|---|---|
| lumentum | -29.63 |
| ciena | -20.15 |
| coherent | -19.68 |
| fedex corp | -17.65 |
| nvidia | -17.17 |
| somnigroup international | -17.00 |
| zymeworks inc | -15.46 |
| qualcomm | -15.29 |
North Growth Management Ltd. reduced stake in above stock
Sold off
Sector Distribution
North Growth Management Ltd. has about 45.4% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 45.4 |
| Consumer Cyclical | 23.1 |
| Industrials | 13.7 |
| Healthcare | 9.6 |
| Communication Services | 4.2 |
| Others | 2.8 |
Market Cap. Distribution
North Growth Management Ltd. has about 62% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 54.4 |
| MID-CAP | 33.9 |
| MEGA-CAP | 7.6 |
| UNALLOCATED | 2.8 |
| SMALL-CAP | 1.3 |
Stocks belong to which Index?
About 66.8% of the stocks held by North Growth Management Ltd. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 57.2 |
| Others | 33.2 |
| RUSSELL 2000 | 9.6 |
North Growth Management Ltd. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of North Growth Management Ltd.
North Growth Management Ltd. has 47 stocks in it's portfolio. About 44.9% of the portfolio is in top 10 stocks. EAT proved to be the most loss making stock for the portfolio. CIEN was the most profitable stock for North Growth Management Ltd. last quarter.
Last Reported on: 22 Oct, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple | 1.50 | 34,000 | 8,591,000 | reduced | -8.11 | ||
| ALGN | align technology | 0.98 | 45,000 | 5,621,000 | added | 36.36 | ||
| AMAT | applied materials | 5.15 | 144,000 | 29,564,000 | reduced | -0.69 | ||
| ANF | abercrombie & fitch | 1.77 | 119,000 | 10,139,000 | unchanged | 0.00 | ||
| ARHS | arhaus | 1.28 | 694,000 | 7,378,000 | reduced | -0.72 | ||
| ATKR | atkore | 1.01 | 93,000 | 5,824,000 | added | 14.81 | ||
| AZO | autozone | 1.72 | 2,000 | 9,893,000 | added | 100 | ||
| BIIB | biogen | 0.82 | 34,000 | 4,731,000 | unchanged | 0.00 | ||
| BKNG | booking holdings | 3.17 | 3,000 | 18,185,000 | unchanged | 0.00 | ||
| CIEN | ciena | 8.24 | 325,000 | 47,349,000 | reduced | -20.15 | ||
| COHR | coherent | 3.75 | 200,000 | 21,516,000 | reduced | -19.68 | ||
| CROX | crocs | 1.24 | 85,000 | 7,091,000 | unchanged | 0.00 | ||
| EA | electronic arts inc | 2.52 | 72,000 | 14,479,000 | unchanged | 0.00 | ||
| EAT | brinker international | 2.80 | 127,000 | 16,103,000 | reduced | -0.78 | ||
| ELV | elevance health | 1.24 | 22,000 | 7,132,000 | unchanged | 0.00 | ||
| FBHS | fortune brands | 1.05 | 113,000 | 6,010,000 | unchanged | 0.00 | ||
| FDX | fedex corp | 1.17 | 28,000 | 6,706,000 | reduced | -17.65 | ||
| FSLR | first solar inc | 0.57 | 15,000 | 3,271,000 | unchanged | 0.00 | ||
| GPN | global payments | 1.93 | 134,000 | 11,100,000 | unchanged | 0.00 | ||
| HPQ | hp | 2.23 | 470,000 | 12,809,000 | reduced | -0.63 | ||