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
+13.2%
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
$310M
AUM Growth
-$42.6M
Cap. Flow
-$55.8M
Cap. Flow %
-17.96%
Top 10 Hldgs %
21.92%
Holding
156
New
27
Increased
11
Reduced
53
Closed
27

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$8.22M
2
W icon
Wayfair
W
+$5.93M
3
XMTR icon
Xometry
XMTR
+$4.86M
4
CWAN
Clearwater Analytics
CWAN
+$3.85M
5
MRVL icon
Marvell Technology
MRVL
+$3.71M

Top Sells

Rank Stock Value
1
NOW icon
ServiceNow
NOW
+$8.15M
2
Z icon
Zillow
Z
+$7.77M
3
FIVE icon
Five Below
FIVE
+$6.86M
4
UBER icon
Uber
UBER
+$6.08M
5
IAA
IAA, Inc. Common Stock
IAA
+$4.99M

Sector Composition

Rank Sector Weight
1 Technology 32.37%
2 Healthcare 19.08%
3 Consumer Discretionary 16.57%
4 Industrials 11.87%
5 Communication Services 8.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SVC
51
Service Properties Trust
SVC
$1.02B
$2.41M 0.78%
48,400
+8,400
+21% +$388K
HCP
52
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
$2.34M 0.75%
+80,000
New +$2.39M
AZEK
53
DELISTED
The AZEK Co
AZEK
$2.31M 0.74%
+98,000
New +$2.32M
DEA
54
Easterly Government Properties
DEA
$1.17B
$2.29M 0.74%
+66,800
New +$2.5M
GXO icon
55
GXO Logistics
GXO
$5.46B
$2.27M 0.73%
45,000
– –
PANW icon
56
Palo Alto Networks
PANW
$303B
$2.26M 0.73%
22,586
– –
UBER icon
57
Uber
UBER
$161B
$2.23M 0.72%
70,450
-191,569
-73% -$6.08M
SWIM icon
58
Latham Group
SWIM
$833M
$2.19M 0.7%
765,000
+5,000
+0.7% +$17.6K
WH icon
59
Wyndham Hotels & Resorts
WH
$5.64B
$2.14M 0.69%
31,548
-13,300
-30% -$980K
NVEE
60
DELISTED
NV5 Global
NVEE
$2.03M 0.65%
78,000
– –
XPRO icon
61
Expro Ltd
XPRO
$1.98B
$2.02M 0.65%
+110,000
New +$2.16M
PINS icon
62
Pinterest
PINS
$13.1B
$1.96M 0.63%
72,000
-28,000
-28% -$725K
U icon
63
Unity
U
$19.1B
$1.95M 0.63%
60,000
-80,000
-57% -$2.57M
COOK icon
64
Traeger
COOK
$156M
$1.86M 0.6%
9,060
+580
+7% +$104K
PODD icon
65
Insulet
PODD
$10.1B
$1.85M 0.6%
5,800
– –
BRBR icon
66
BellRing Brands
BRBR
$1.24B
$1.83M 0.59%
53,759
-104,841
-66% -$3.1M
CVGW
67
DELISTED
Calavo Growers
CVGW
$1.79M 0.58%
62,260
-12,740
-17% -$382K
PHLT
68
DELISTED
Performant Healthcare Inc
PHLT
$1.77M 0.57%
520,000
– –
JBHT icon
69
JB Hunt Transport Services
JBHT
$24.5B
$1.75M 0.57%
10,000
– –
DLB icon
70
Dolby
DLB
$5.76B
$1.75M 0.56%
20,500
– –
EEFT icon
71
Euronet Worldwide
EEFT
$2.62B
$1.73M 0.56%
15,500
-1,000
-6% -$108K
DHT icon
72
DHT Holdings
DHT
$3.17B
$1.73M 0.56%
+160,000
New +$1.61M
CTLP
73
DELISTED
Cantaloupe
CTLP
$1.73M 0.56%
302,789
+66,000
+28% +$352K
TTEK icon
74
Tetra Tech
TTEK
$9.36B
$1.69M 0.54%
57,500
-12,500
-18% -$361K
TITN icon
75
Titan Machinery
TITN
$416M
$1.68M 0.54%
55,085
-9,915
-15% -$404K
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 2023 Portfolio in Review

As of Q1 2023, Formula Growth held 156 positions worth $310M, down 12% from $353M the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Formula Growth withdrew a net $55.8M in Q1 2023, closing 27 positions and reducing 53 holdings. Its most notable exit was ServiceNow, an estimated $8.15M position sold in full.

By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Formula Growth opened a new position in Alibaba worth $8.39M.

  • Formula Growth's largest Q1 2023 buy was Alibaba: 82,100 shares worth $8.39M.
  • Formula Growth added most to NeoGenomics in Q1 2023, an estimated $1.43M increase.
  • Formula Growth's biggest Q1 2023 reduction was Zillow, cutting an estimated $7.77M.
  • Formula Growth fully exited ServiceNow in Q1 2023, selling an estimated $8.15M.
  • Formula Growth's ten largest holdings make up 22% of its $310M portfolio in Q1 2023.
  • Formula Growth opened 27 new positions and closed 27 in Q1 2023.
  • Formula Growth's portfolio value fell 12% quarter-over-quarter to $310M.

Based on Formula Growth's 13F filing for Q1 2023, filed 12 May 2023.