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
AYX
76
DELISTED
Alteryx Inc
AYX
$2.19M 0.37%
+18,000
New +$2.27M
META icon
77
Meta Platforms (Facebook)
META
$1.47T
$2.19M 0.36%
8,000
– –
EVH icon
78
Evolent Health
EVH
$520M
$2.16M 0.36%
135,025
– –
INFN
79
DELISTED
Infinera Corporation Common Stock
INFN
$2.1M 0.35%
200,000
-600,000
-75% -$4.76M
CWST icon
80
Casella Waste Systems
CWST
$5.96B
$2.08M 0.35%
33,500
– –
DLB icon
81
Dolby
DLB
$5.76B
$1.99M 0.33%
20,500
-5,500
-21% -$454K
FN icon
82
Fabrinet
FN
$14.8B
$1.89M 0.32%
24,400
– –
AHCO icon
83
AdaptHealth
AHCO
$772M
$1.88M 0.31%
50,000
– –
UPLD icon
84
Upland Software
UPLD
$13.9M
$1.88M 0.31%
4,090
-1,900
-32% -$837K
KIDS icon
85
OrthoPediatrics
KIDS
$617M
$1.86M 0.31%
45,000
– –
STRA icon
86
Strategic Education
STRA
$1.88B
$1.79M 0.3%
18,740
-32,000
-63% -$2.97M
UBER icon
87
Uber
UBER
$161B
$1.78M 0.3%
35,000
-10,000
-22% -$448K
AMSC icon
88
American Superconductor
AMSC
$1.38B
$1.76M 0.29%
+75,000
New +$1.33M
ARCH
89
DELISTED
Arch Resources, Inc.
ARCH
$1.75M 0.29%
40,000
+28,766
+256% +$1.07M
STAA icon
90
STAAR Surgical
STAA
$1.11B
$1.74M 0.29%
22,000
-2,000
-8% -$146K
CSII
91
DELISTED
Cardiovascular Systems, Inc.
CSII
$1.74M 0.29%
39,722
– –
FIS icon
92
Fidelity National Information Services
FIS
$21.4B
$1.71M 0.29%
12,073
– –
OPLN
93
Openlane
OPLN
$4.28B
$1.7M 0.28%
91,089
– –
TDOC icon
94
Teladoc Health
TDOC
$1.18B
$1.69M 0.28%
8,438
– –
CERS icon
95
Cerus
CERS
$534M
$1.68M 0.28%
242,290
-20,000
-8% -$131K
NIO icon
96
NIO
NIO
$10.9B
$1.68M 0.28%
34,360
-55,325
-62% -$2.14M
CTLP
97
DELISTED
Cantaloupe
CTLP
$1.62M 0.27%
+154,789
New +$1.51M
CMRC
98
Commerce.com Inc Series 1
CMRC
$207M
$1.6M 0.27%
+25,000
New +$2M
LPRO
99
DELISTED
Open Lending Corp
LPRO
$1.57M 0.26%
45,000
– –
BOOT icon
100
Boot Barn
BOOT
$4.69B
$1.56M 0.26%
36,000
-4,000
-10% -$151K
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 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.