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FG

Formula Growth Portfolio holdings

AUM $284M
1-Year Est. Return 54.56%
This Fund
S&P 500
This Quarter Est. Return
+9.21%
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
$353M
AUM Growth
+$3.15M
Cap. Flow
-$25.3M
Cap. Flow %
-7.18%
Top 10 Hldgs %
22.4%
Holding
149
New
22
Increased
19
Reduced
37
Closed
20

Top Buys

Rank Stock Value
1
TEAM icon
Atlassian
TEAM
+$4.78M
2
NOW icon
ServiceNow
NOW
+$4.3M
3
RL icon
Ralph Lauren
RL
+$3.75M
4
SHLS icon
Shoals Technologies Group
SHLS
+$3.33M
5
GMED icon
Globus Medical
GMED
+$3.1M

Top Sells

Rank Stock Value
1
APP icon
Applovin
APP
+$4.87M
2
EFOR
Everforth Inc
EFOR
+$4.26M
3
STNE icon
StoneCo
STNE
+$3.93M
4
MDB icon
MongoDB
MDB
+$3.18M
5
BBSI icon
Barrett Business Services
BBSI
+$3.16M

Sector Composition

Rank Sector Weight
1 Technology 31.04%
2 Consumer Discretionary 16.75%
3 Healthcare 14.5%
4 Industrials 11.56%
5 Communication Services 9.97%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NEO icon
76
NeoGenomics
NEO
$2.32B
$1.67M 0.47%
180,300
-90,000
-33% -$839K
HELE icon
77
Helen of Troy
HELE
$667M
$1.66M 0.47%
+15,000
New +$1.46M
DBX icon
78
Dropbox
DBX
$7.76B
$1.61M 0.46%
72,000
– –
DESP
79
DELISTED
Despegar.com
DESP
$1.59M 0.45%
310,755
– –
PANW icon
80
Palo Alto Networks
PANW
$303B
$1.58M 0.45%
22,586
-11,200
-33% -$899K
EEFT icon
81
Euronet Worldwide
EEFT
$2.62B
$1.56M 0.44%
16,500
– –
AX icon
82
Axos Financial
AX
$5.55B
$1.51M 0.43%
39,624
– –
XPO icon
83
XPO
XPO
$22.1B
$1.5M 0.42%
45,000
-30,735
-41% -$1.04M
FSLR icon
84
First Solar
FSLR
$22B
$1.5M 0.42%
+10,000
New +$1.48M
FCX icon
85
Freeport-McMoran
FCX
$110B
$1.49M 0.42%
39,258
-12,000
-23% -$419K
HOMB icon
86
Home BancShares
HOMB
$5.93B
$1.48M 0.42%
64,912
– –
SVC
87
Service Properties Trust
SVC
$1.02B
$1.46M 0.41%
+40,000
New +$1.47M
DLB icon
88
Dolby
DLB
$5.76B
$1.45M 0.41%
20,500
– –
CNTY icon
89
Century Casinos
CNTY
$35.7M
$1.41M 0.4%
200,000
– –
MODV
90
DELISTED
ModivCare
MODV
$1.35M 0.38%
15,000
– –
CPA icon
91
Copa Holdings
CPA
$5.29B
$1.29M 0.37%
15,500
– –
COOK icon
92
Traeger
COOK
$156M
$1.2M 0.34%
8,480
+4,600
+119% +$769K
BGC icon
93
BGC Group
BGC
$5.76B
$1.17M 0.33%
310,541
– –
SIRI icon
94
SiriusXM
SIRI
$9.62B
$1.14M 0.32%
19,440
– –
BLDR icon
95
Builders FirstSource
BLDR
$7.29B
$1.05M 0.3%
16,134
– –
CTLP
96
DELISTED
Cantaloupe
CTLP
$1.03M 0.29%
236,789
+62,000
+35% +$220K
VCYT icon
97
Veracyte
VCYT
$3.48B
$997K 0.28%
42,000
– –
DKNG icon
98
DraftKings
DKNG
$12.5B
$987K 0.28%
86,674
– –
CHS
99
DELISTED
Chicos FAS, Inc.
CHS
$976K 0.28%
198,407
-289,000
-59% -$1.63M
META icon
100
Meta Platforms (Facebook)
META
$1.47T
$963K 0.27%
8,000
– –
2 3
4
5 6

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CA
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1W
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WMA
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CWA
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Formula Growth's Q4 2022 Portfolio in Review

As of Q4 2022, Formula Growth held 149 positions worth $353M, up 0.9% from $350M the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Formula Growth withdrew a net $25.3M in Q4 2022, closing 20 positions and reducing 37 holdings. Its most notable exit was Applovin, an estimated $4.87M position sold in full.

By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Formula Growth opened a new position in Atlassian worth $3.86M.

  • Formula Growth's largest Q4 2022 buy was Atlassian: 30,000 shares worth $3.86M.
  • Formula Growth added most to ServiceNow in Q4 2022, an estimated $4.3M increase.
  • Formula Growth's biggest Q4 2022 reduction was StoneCo, cutting an estimated $3.93M.
  • Formula Growth fully exited Applovin in Q4 2022, selling an estimated $4.87M.
  • Formula Growth's ten largest holdings make up 22% of its $353M portfolio in Q4 2022.
  • Formula Growth opened 22 new positions and closed 20 in Q4 2022.
  • Formula Growth's portfolio value rose 0.9% quarter-over-quarter to $353M.

Based on Formula Growth's 13F filing for Q4 2022, filed 13 Feb 2023.