Black Creek Investment Management Inc.

Fundamental concentrated ★Highest signal CIK 1528593
League rank
#932
in Fundamental concentrated · #7269 overall
Long book
$1.86B
Q1 2026
Positions
25
Top-10 weight
82%
concentration
Last quarter
+1.3%
SPY +14.8%
Turnover
14%
of book per quarter

Strategy in plain words

auto-generated from filings

Black Creek Investment Management Inc. is a concentrated fundamental stock-picker, running a $1.86B US long book across 25 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ELANCO ANIMAL HEALTH INC, BOOZ ALLEN HAMILTON HOLDINGS, FTI CONSULTING INC, PRICESMART INC, EAGLE MATERIALS INC.

Over the last 9 quarters its long book ran on average 3.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-9.9%
Q2 2024
+11.2%
Q3 2024
-7.2%
Q4 2024
-5.7%
Q1 2025
+11.7%
Q2 2025
+9.6%
Q3 2025
-2.9%
Q4 2025
+0.6%
Q1 2026
+1.3%

Sector allocation

Services media
44%
Healthcare
16%
Consumer discretionary
14%
Industrials
10%
Consumer staples
9%
Other
5%
Technology
1%

Long book by quarter

$3.30B
Q1 2024
$2.68B
Q2 2024
$2.82B
Q3 2024
$2.10B
Q4 2024
$2.12B
Q1 2025
$2.16B
Q2 2025
$2.12B
Q3 2025
$2.02B
Q4 2025
$1.86B
Q1 2026

What does Black Creek own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ELAN ELANCO ANIMAL HEALTH INCHealthcare10.5M$251.1M13.5%-5.1%
BAH BOOZ ALLEN HAMILTON HOLDINGSServices media2.7M$207.4M11.1%+6.1%
FCN FTI CONSULTING INCServices media1.1M$194.3M10.4%+2.5%
PSMT PRICESMART INCConsumer discretionary1.2M$175.3M9.4%-28.9%
EXP EAGLE MATERIALS INCIndustrials777.5K$147.3M7.9%+54.9%
PYPL PAYPAL HOLDINGS INCServices media3.2M$143.5M7.7%-1.2%
BF/B BROWN-FORMAN CORP-CLASS BConsumer staples5.3M$139.0M7.5%+3.3%
IT GARTNER INCServices media636.8K$100.8M5.4%+6329.3%
NTR NUTRIEN LTDOther867.4K$65.3M3.5%-66.0%
ARMK ARAMARKConsumer discretionary542.3K$22.0M1.2%-17.5%
GOOGL ALPHABET INC-CL ATechnology60.0K$17.3M0.9%-15.0%
COR CENCORA INCConsumer discretionary50.4K$15.8M0.8%+7.9%
SUNB SUNBELT RENTALS HOLDINGS INCServices media223.8K$14.6M0.8%New
FIGS FIGS INC-CLASS AOther824.2K$12.2M0.7%-31.1%
UBER UBER TECHNOLOGIES INCServices media145.9K$10.5M0.6%-22.2%
LRCX LAM RESEARCH CORPIndustrials46.5K$9.9M0.5%-40.1%
BWA BORGWARNER INCIndustrials36.0K$2.0M0.1%-36.8%
ARCO ARCOS DORADOS HOLDINGS INC-AConsumer discretionary206.0K$1.7M0.1%-1.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 202625$1.86B canonicalSEC ↗
Q4 202513F-HRFeb 13, 202627$2.02B canonicalSEC ↗
Q3 202513F-HRNov 12, 202528$2.12B canonicalSEC ↗
Q2 202513F-HRAug 11, 202526$2.16B canonicalSEC ↗
Q1 202513F-HRMay 13, 202526$2.13B canonicalSEC ↗
Q4 202413F-HRFeb 13, 202527$2.11B canonicalSEC ↗
Q3 202413F-HRNov 13, 202429$2.83B canonicalSEC ↗
Q2 202413F-HRAug 9, 202434$2.69B canonicalSEC ↗
Q1 202413F-HRMay 15, 202437$3.31B canonicalSEC ↗