Black Creek Investment Management
TORONTO, A6files as Black Creek Investment Management Inc.
$1.8bn in 27 US stocks at the end of 30 June 2026. The top 10 are 82.1% of the money. It changed about 24.6% of the portfolio this quarter.
Value
$1.8bn
Stocks
27
Top 10 share
82.1%
Turnover
24.6%
What changed this quarter
New
Bought for the first time this quarter.
- HDFC BankHDB5.7% of the fund
- Marsh & McLennan CompaniesMRSH3.6% of the fund
- CompassCOMP0.6% of the fund
- SunrunRUN0.1% of the fund
- Equinox GoldEQX<0.1% of the fund
- DnowDNOW<0.1% of the fund
Added
Bought more of a stock they already held.
- Elanco Animal HealthELAN18.0% of the fund+24%
- FTI ConsultingFCN11.2% of the fund+21%
- Eagle MaterialsEXP10.4% of the fund+6%
- Booz Allen Hamilton HoldingBAH9.8% of the fund+8%
- Uber TechnologiesUBER5.2% of the fund+783%
- NiceNICE3.3% of the fund+21%
- CencoraCOR1.1% of the fund+32%
- FigsFIGS0.6% of the fund+31%
- Arcos Dorados HoldingsARCO0.1% of the fund+12%
- CriteoCRTO<0.1% of the fund+8%
Cut
Sold some of their stake.
- PricesmartPSMT10.6% of the fund-17%
- GartnerIT3.9% of the fund-16%
- Mexican Economic DevelopmentFMX3.7% of the fund-13%
- Brown FormanBF-B3.7% of the fund-53%
- Grifols S AGRFS3.1% of the fund-8%
- Cemex SAB de CVCX2.0% of the fund-6%
- AramarkARMK1.3% of the fund-26%
- AlphabetGOOGL0.9% of the fund-23%
- Sunbelt Rentals HoldingsSUNB0.9% of the fund-5%
- BorgwarnerBWA0.1% of the fund-22%
- Lam ResearchLRCX<0.1% of the fund-94%
Sold out
Sold their entire stake.
- PayPal HoldingsPYPL-100%
- BaiduBIDU-100%
- NutrienNTR-100%
- Icici BankIBN-100%
Holdings
- NiceNICE
- Share
- 3.3%
- Value
- $59m
- Shares
- 644,786
+21%
- Grifols S AGRFS
- Share
- 3.1%
- Value
- $54m
- Shares
- 7,682,055
-8%
- Equinox GoldEQX
- Share
- <0.1%
- Value
- $1m
- Shares
- 152,582
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Elanco Animal HealthELAN | 18.0% | $321m | 13,046,420 | +24% |
| FTI ConsultingFCN | 11.2% | $199m | 1,335,104 | +21% |
| PricesmartPSMT | 10.6% | $188m | 963,380 | -17% |
| Eagle MaterialsEXP | 10.4% | $186m | 825,833 | +6% |
| Booz Allen Hamilton HoldingBAH | 9.8% | $174m | 2,864,545 | +8% |
| HDFC BankHDB | 5.7% | $102m | 3,948,039 | New |
| Uber TechnologiesUBER | 5.2% | $93m | 1,288,864 | +783% |
| GartnerIT | 3.9% | $69m | 532,034 | -16% |
| Mexican Economic DevelopmentFMX | 3.7% | $66m | 514,214 | -13% |
| Brown FormanBF-B | 3.7% | $66m | 2,457,810 | -53% |
| Marsh & McLennan CompaniesMRSH | 3.6% | $64m | 384,597 | New |
| NiceNICE | 3.3% | $59m | 644,786 | +21% |
| Grifols S AGRFS | 3.1% | $54m | 7,682,055 | -8% |
| Cemex SAB de CVCX | 2.0% | $36m | 2,999,651 | -6% |
| AramarkARMK | 1.3% | $23m | 399,048 | -26% |
| CencoraCOR | 1.1% | $19m | 66,380 | +32% |
| AlphabetGOOGL | 0.9% | $17m | 46,231 | -23% |
| Sunbelt Rentals HoldingsSUNB | 0.9% | $16m | 211,982 | -5% |
| FigsFIGS | 0.6% | $11m | 1,080,138 | +31% |
| CompassCOMP | 0.6% | $10m | 794,860 | New |
| SunrunRUN | 0.1% | $2m | 174,715 | New |
| BorgwarnerBWA | 0.1% | $2m | 28,000 | -22% |
| Arcos Dorados HoldingsARCO | 0.1% | $2m | 230,000 | +12% |
| CriteoCRTO | <0.1% | $2m | 85,733 | +8% |
| Equinox GoldEQX | <0.1% | $1m | 152,582 | New |
| Lam ResearchLRCX | <0.1% | $1m | 2,669 | -94% |
| DnowDNOW | <0.1% | $492,860 | 38,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 17.7% since 30 June 2025.
Where the money is
Industrials26.3%
Health care19.1%
Retail & consumer12.7%
Materials12.5%
Financial services9.3%
Everyday goods7.4%
Technology4.8%
Media & telecom1.0%
Real estate0.6%
Other6.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.