We are live on ! Find out more
FG

Formula Growth Portfolio holdings

AUM $284M
1-Year Est. Return 54.56%
This Fund
S&P 500
This Quarter Est. Return
-26.15%
1 Year Est. Return
+54.56%
3 Year Est. Return
+117.67%
5 Year Est. Return
+78.26%
10 Year Est. Return
+276.27%
AUM
$522M
AUM Growth
-$271M
Cap. Flow
-$21.8M
Cap. Flow %
-4.17%
Top 10 Hldgs %
33.67%
Holding
174
New
35
Increased
26
Reduced
45
Closed
22

Top Buys

Rank Stock Value
1
TOL icon
Toll Brothers
TOL
+$21.5M
2
NSP icon
Insperity
NSP
+$21.1M
3
CSOD
Cornerstone OnDemand, Inc.
CSOD
+$19.5M
4
THS
Treehouse Foods
THS
+$17.8M
5
EPC icon
Edgewell Personal Care
EPC
+$11.3M

Top Sells

Rank Stock Value
1
UBER icon
Uber
UBER
+$24.1M
2
INST
Instructure, Inc.
INST
+$22.3M
3
MIC
Macquarie Infrastructure Holdings, LLC
MIC
+$19M
4
GDOT icon
Green Dot
GDOT
+$16.5M
5
AAL icon
American Airlines Group
AAL
+$12.9M

Sector Composition

Rank Sector Weight
1 Technology 32.28%
2 Industrials 18.35%
3 Consumer Discretionary 11.66%
4 Consumer Staples 10.14%
5 Communication Services 9.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MOBL
51
DELISTED
MobileIron, Inc.
MOBL
$2.85M 0.55%
750,000
-27,777
-4% -$119K
HCA icon
52
HCA Healthcare
HCA
$90.5B
$2.7M 0.52%
30,000
– –
CNDT icon
53
Conduent
CNDT
$267M
$2.66M 0.51%
1,086,000
+421,000
+63% +$1.67M
NEO icon
54
NeoGenomics
NEO
$2.32B
$2.62M 0.5%
95,000
-5,000
-5% -$150K
LBTYK icon
55
Liberty Global Class C
LBTYK
$3.56B
$2.56M 0.49%
162,702
– –
ARCH
56
DELISTED
Arch Resources, Inc.
ARCH
$2.53M 0.49%
87,570
+44,700
+104% +$2.29M
MU icon
57
Micron Technology
MU
$1.05T
$2.52M 0.48%
60,000
– –
PODD icon
58
Insulet
PODD
$10.1B
$2.42M 0.46%
14,600
-2,000
-12% -$365K
HMSY
59
DELISTED
HMS Holdings Corp.
HMSY
$2.3M 0.44%
91,071
– –
TTEK icon
60
Tetra Tech
TTEK
$9.36B
$2.26M 0.43%
160,000
– –
JD icon
61
JD.com
JD
$38.8B
$2.19M 0.42%
54,002
-77,157
-59% -$3.08M
SE icon
62
Sea Limited
SE
$73.1B
$2.13M 0.41%
48,130
-19,780
-29% -$887K
GDS icon
63
GDS Holdings
GDS
$6.69B
$2.13M 0.41%
36,735
-68,345
-65% -$3.81M
MEI icon
64
Methode Electronics
MEI
$646M
$2.06M 0.39%
77,885
– –
VIPS icon
65
Vipshop
VIPS
$6.42B
$2.05M 0.39%
131,600
-94,166
-42% -$1.34M
LKQ icon
66
LKQ Corp
LKQ
$6.46B
$1.91M 0.37%
93,000
– –
VCYT icon
67
Veracyte
VCYT
$3.48B
$1.82M 0.35%
75,000
– –
PRKS icon
68
United Parks & Resorts
PRKS
$1.93B
$1.82M 0.35%
+165,000
New +$4.52M
KMPR icon
69
Kemper
KMPR
$1.65B
$1.81M 0.35%
24,306
– –
KIDS icon
70
OrthoPediatrics
KIDS
$617M
$1.78M 0.34%
45,000
– –
WEX icon
71
WEX
WEX
$6.72B
$1.75M 0.33%
16,700
+2,000
+14% +$373K
BNFT
72
DELISTED
Benefitfocus, Inc.
BNFT
$1.69M 0.32%
+190,118
New +$2.88M
EGIO
73
DELISTED
Edgio, Inc. Common Stock
EGIO
$1.63M 0.31%
+7,125
New +$1.42M
UPLD icon
74
Upland Software
UPLD
$13.9M
$1.61M 0.31%
5,990
– –
RYAAY icon
75
Ryanair
RYAAY
$29.1B
$1.59M 0.3%
74,888
– –
1 2
3
4 5

Similar funds

ATC
Advantage Trust Company Salina, Kansas $284M AUM 24.42% 1-Year Est. Return
MWM
MBE Wealth Management Tomah, Wisconsin $284M AUM 22.67% 1-Year Est. Return
VWM
Vivid Wealth Management West Des Moines, Iowa $284M AUM 27.28% 1-Year Est. Return
BP
Bandera Partners New York $284M AUM 33.52% 1-Year Est. Return
CA
Cumberland Advisors Sarasota, Florida $284M AUM 27.11% 1-Year Est. Return
1W
1776 Wealth Atlanta, Georgia $284M AUM 21.82% 1-Year Est. Return
WMA
William Mack & Associates Troy, Michigan $284M AUM 19.06% 1-Year Est. Return
CWA
Choice Wealth Advisors Waterville, Maine $285M AUM 19.08% 1-Year Est. Return

Formula Growth's Q1 2020 Portfolio in Review

As of Q1 2020, Formula Growth held 174 positions worth $522M, down 34% from $793M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Formula Growth withdrew a net $21.8M in Q1 2020, closing 22 positions and reducing 45 holdings. Its most notable exit was Instructure, Inc., an estimated $22.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 33% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Formula Growth opened a new position in Toll Brothers worth $10.9M.

  • Formula Growth's largest Q1 2020 buy was Toll Brothers: 567,579 shares worth $10.9M.
  • Formula Growth added most to Treehouse Foods in Q1 2020, an estimated $17.8M increase.
  • Formula Growth's biggest Q1 2020 reduction was Uber, cutting an estimated $24.1M.
  • Formula Growth fully exited Instructure, Inc. in Q1 2020, selling an estimated $22.3M.
  • Formula Growth's ten largest holdings make up 34% of its $522M portfolio in Q1 2020.
  • Formula Growth opened 35 new positions and closed 22 in Q1 2020.
  • Formula Growth's portfolio value fell 34% quarter-over-quarter to $522M.

Based on Formula Growth's 13F filing for Q1 2020, filed 14 May 2020.