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
-3.06%
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
$667M
AUM Growth
-$32.8M
Cap. Flow
-$2.62M
Cap. Flow %
-0.39%
Top 10 Hldgs %
30.88%
Holding
170
New
20
Increased
30
Reduced
43
Closed
23

Top Buys

Rank Stock Value
1
GDOT icon
Green Dot
GDOT
+$16.3M
2
UBER icon
Uber
UBER
+$15.6M
3
LYFT icon
Lyft
LYFT
+$12M
4
PS
Pluralsight, Inc. Class A Common Stock
PS
+$10.3M
5
TWLO icon
Twilio
TWLO
+$7.78M

Top Sells

Rank Stock Value
1
PAGS icon
PagSeguro Digital
PAGS
+$14.4M
2
IAA
IAA, Inc. Common Stock
IAA
+$11.3M
3
LKQ icon
LKQ Corp
LKQ
+$10.8M
4
TGI
Triumph Group
TGI
+$9.6M
5
OC icon
Owens Corning
OC
+$8.01M

Sector Composition

Rank Sector Weight
1 Technology 30.13%
2 Industrials 22.54%
3 Consumer Discretionary 12.5%
4 Healthcare 7.11%
5 Materials 6.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UPLD icon
76
Upland Software
UPLD
$13.9M
$2.09M 0.31%
5,990
– –
EFOR
77
Everforth Inc
EFOR
$1.31B
$2.08M 0.31%
33,043
+10,000
+43% +$618K
PANW icon
78
Palo Alto Networks
PANW
$303B
$2.03M 0.3%
59,886
– –
AXAS
79
DELISTED
Abraxas Petroleum Corp
AXAS
$2.03M 0.3%
199,676
– –
RYAAY icon
80
Ryanair
RYAAY
$29.1B
$1.99M 0.3%
74,888
– –
SE icon
81
Sea Limited
SE
$73.1B
$1.93M 0.29%
+62,430
New +$2.1M
VCYT icon
82
Veracyte
VCYT
$3.48B
$1.92M 0.29%
80,000
– –
NEO icon
83
NeoGenomics
NEO
$2.32B
$1.91M 0.29%
100,000
– –
KMPR icon
84
Kemper
KMPR
$1.65B
$1.9M 0.28%
24,306
-2,000
-8% -$160K
SAH icon
85
Sonic Automotive
SAH
$2.52B
$1.89M 0.28%
60,000
– –
IAA
86
DELISTED
IAA, Inc. Common Stock
IAA
$1.82M 0.27%
43,700
-249,846
-85% -$11.3M
SAVE
87
DELISTED
Spirit Airlines, Inc.
SAVE
$1.81M 0.27%
50,000
– –
LK
88
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
$1.8M 0.27%
+94,850
New +$2.01M
CWST icon
89
Casella Waste Systems
CWST
$5.96B
$1.74M 0.26%
40,500
-10,000
-20% -$433K
TSG
90
DELISTED
The Stars Group Inc.
TSG
$1.72M 0.26%
115,000
– –
NVEE
91
DELISTED
NV5 Global
NVEE
$1.71M 0.26%
100,000
– –
FCFS icon
92
FirstCash
FCFS
$9.51B
$1.65M 0.25%
18,000
-3,000
-14% -$298K
PETQ
93
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
$1.64M 0.25%
60,000
– –
PAGS icon
94
PagSeguro Digital
PAGS
$2.45B
$1.61M 0.24%
34,744
-309,577
-90% -$14.4M
FIS icon
95
Fidelity National Information Services
FIS
$21.4B
$1.6M 0.24%
+12,073
New +$1.6M
KIDS icon
96
OrthoPediatrics
KIDS
$617M
$1.59M 0.24%
45,000
– –
TRHC
97
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
$1.54M 0.23%
28,000
– –
CPA icon
98
Copa Holdings
CPA
$5.29B
$1.53M 0.23%
15,500
– –
EXAS
99
DELISTED
Exact Sciences
EXAS
$1.5M 0.22%
16,600
-2,000
-11% -$228K
CMPR icon
100
Cimpress
CMPR
$2.17B
$1.49M 0.22%
11,300
– –
2 3
4
5 6

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 Q3 2019 Portfolio in Review

As of Q3 2019, Formula Growth held 170 positions worth $667M, down 4.7% from $700M the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Formula Growth's Q3 2019 filing shows 20 new, 30 increased, 43 reduced and 23 closed positions. Its largest new stake was Green Dot: 440,000 shares worth $11.1M. The largest sale was PagSeguro Digital, an estimated $14.4M.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 29% a quarter earlier, followed by Industrials and Consumer Discretionary.

  • Formula Growth's largest Q3 2019 buy was Green Dot: 440,000 shares worth $11.1M.
  • Formula Growth added most to Twilio in Q3 2019, an estimated $7.78M increase.
  • Formula Growth's biggest Q3 2019 reduction was PagSeguro Digital, cutting an estimated $14.4M.
  • Formula Growth fully exited Triumph Group in Q3 2019, selling an estimated $9.6M.
  • Formula Growth's ten largest holdings make up 31% of its $667M portfolio in Q3 2019.
  • Formula Growth opened 20 new positions and closed 23 in Q3 2019.
  • Formula Growth's portfolio value fell 4.7% quarter-over-quarter to $667M.

Based on Formula Growth's 13F filing for Q3 2019, filed 14 Nov 2019.