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
+28.02%
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
$599M
AUM Growth
+$64.3M
Cap. Flow
-$53.4M
Cap. Flow %
-8.91%
Top 10 Hldgs %
32%
Holding
166
New
18
Increased
17
Reduced
58
Closed
28

Top Buys

Rank Stock Value
1
MLKN icon
MillerKnoll
MLKN
+$10M
2
INTC icon
Intel
INTC
+$9.28M
3
EAT icon
Brinker International
EAT
+$9.04M
4
SYNH
Syneos Health, Inc. Class A Common Stock
SYNH
+$7.36M
5
HII icon
Huntington Ingalls Industries
HII
+$7.15M

Top Sells

Rank Stock Value
1
NUAN
Nuance Communications, Inc.
NUAN
+$10.3M
2
COOP
Mr. Cooper
COOP
+$10.1M
3
NSP icon
Insperity
NSP
+$7.3M
4
LAUR icon
Laureate Education
LAUR
+$6.52M
5
BHC icon
Bausch Health
BHC
+$5.32M

Sector Composition

Rank Sector Weight
1 Technology 42.03%
2 Consumer Discretionary 14.02%
3 Industrials 9.65%
4 Consumer Staples 8.96%
5 Healthcare 8.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GDS icon
51
GDS Holdings
GDS
$6.69B
$3.09M 0.52%
32,999
-15,701
-32% -$1.39M
SAH icon
52
Sonic Automotive
SAH
$2.52B
$3.09M 0.52%
80,000
– –
MEI icon
53
Methode Electronics
MEI
$646M
$2.98M 0.5%
77,885
– –
HMSY
54
DELISTED
HMS Holdings Corp.
HMSY
$2.98M 0.5%
81,071
-10,000
-11% -$304K
PRG icon
55
PROG Holdings
PRG
$1.56B
$2.96M 0.49%
+55,000
New +$2.84M
JD icon
56
JD.com
JD
$38.8B
$2.95M 0.49%
33,510
-25,612
-43% -$2.14M
KRNT icon
57
Kornit Digital
KRNT
$718M
$2.94M 0.49%
33,000
-15,000
-31% -$1.15M
EFOR
58
Everforth Inc
EFOR
$1.31B
$2.93M 0.49%
35,043
– –
SPLK
59
DELISTED
Splunk Inc
SPLK
$2.89M 0.48%
+17,000
New +$3.25M
VCYT icon
60
Veracyte
VCYT
$3.48B
$2.79M 0.47%
57,000
-18,000
-24% -$834K
MODV
61
DELISTED
ModivCare
MODV
$2.77M 0.46%
20,000
– –
BIDU icon
62
Baidu
BIDU
$32.9B
$2.76M 0.46%
+12,760
New +$1.9M
PANW icon
63
Palo Alto Networks
PANW
$303B
$2.66M 0.44%
44,886
– –
ZEN
64
DELISTED
ZENDESK INC
ZEN
$2.64M 0.44%
18,444
-1,006
-5% -$125K
PAGS icon
65
PagSeguro Digital
PAGS
$2.45B
$2.62M 0.44%
46,114
– –
CSTE icon
66
Caesarstone
CSTE
$109M
$2.59M 0.43%
200,734
+16,585
+9% +$189K
SE icon
67
Sea Limited
SE
$73.1B
$2.58M 0.43%
12,979
-9,966
-43% -$1.77M
CDNA icon
68
CareDx
CDNA
$2.58B
$2.57M 0.43%
35,500
-9,500
-21% -$550K
EXAS
69
DELISTED
Exact Sciences
EXAS
$2.46M 0.41%
18,600
– –
EEFT icon
70
Euronet Worldwide
EEFT
$2.62B
$2.39M 0.4%
16,500
-2,000
-11% -$233K
NVEE
71
DELISTED
NV5 Global
NVEE
$2.36M 0.39%
120,000
– –
PETQ
72
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
$2.31M 0.39%
60,000
– –
IVC
73
DELISTED
Invacare Corporation
IVC
$2.24M 0.37%
250,000
– –
ASAP
74
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
$2.22M 0.37%
+40,000
New +$2.57M
IAA
75
DELISTED
IAA, Inc. Common Stock
IAA
$2.22M 0.37%
34,200
-9,500
-22% -$569K
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 Q4 2020 Portfolio in Review

As of Q4 2020, Formula Growth held 166 positions worth $599M, up 12% from $535M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Formula Growth withdrew a net $53.4M in Q4 2020, closing 28 positions and reducing 58 holdings. Its most notable exit was Mr. Cooper, an estimated $10.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 42% of assets, up from 40% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Formula Growth opened a new position in Intel worth $9.47M.

  • Formula Growth's largest Q4 2020 buy was Intel: 190,000 shares worth $9.47M.
  • Formula Growth added most to MillerKnoll in Q4 2020, an estimated $10M increase.
  • Formula Growth's biggest Q4 2020 reduction was Nuance Communications, Inc., cutting an estimated $10.3M.
  • Formula Growth fully exited Mr. Cooper in Q4 2020, selling an estimated $10.1M.
  • Formula Growth's ten largest holdings make up 32% of its $599M portfolio in Q4 2020.
  • Formula Growth opened 18 new positions and closed 28 in Q4 2020.
  • Formula Growth's portfolio value rose 12% quarter-over-quarter to $599M.

Based on Formula Growth's 13F filing for Q4 2020, filed 12 Feb 2021.