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
+40.71%
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
$591M
AUM Growth
+$69.5M
Cap. Flow
-$94M
Cap. Flow %
-15.91%
Top 10 Hldgs %
34.34%
Holding
181
New
29
Increased
14
Reduced
39
Closed
39

Top Buys

Rank Stock Value
1
BHC icon
Bausch Health
BHC
+$10.9M
2
CLDR
Cloudera, Inc.
CLDR
+$8.41M
3
ALLY icon
Ally Financial
ALLY
+$7.66M
4
VIRT icon
Virtu Financial
VIRT
+$7.09M
5
CSOD
Cornerstone OnDemand, Inc.
CSOD
+$6.05M

Top Sells

Rank Stock Value
1
OC icon
Owens Corning
OC
+$13.8M
2
GDOT icon
Green Dot
GDOT
+$12.8M
3
META icon
Meta Platforms (Facebook)
META
+$12.6M
4
TOL icon
Toll Brothers
TOL
+$10.9M
5
BLDR icon
Builders FirstSource
BLDR
+$10.7M

Sector Composition

Rank Sector Weight
1 Technology 39.34%
2 Industrials 12.35%
3 Communication Services 9.7%
4 Healthcare 9.09%
5 Consumer Staples 8.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CDNA icon
101
CareDx
CDNA
$2.58B
$1.24M 0.21%
+35,000
New +$996K
JBHT icon
102
JB Hunt Transport Services
JBHT
$24.5B
$1.2M 0.2%
10,000
– –
MODV
103
DELISTED
ModivCare
MODV
$1.18M 0.2%
15,000
– –
HOMB icon
104
Home BancShares
HOMB
$5.93B
$1.15M 0.19%
74,912
– –
SIRI icon
105
SiriusXM
SIRI
$9.62B
$1.14M 0.19%
19,440
– –
QTRX icon
106
Quanterix
QTRX
$125M
$1.1M 0.19%
40,000
– –
P
107
Everpure Inc
P
$31B
$1.07M 0.18%
61,793
– –
LGF.B
108
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
$1.02M 0.17%
+150,000
New +$1.04M
CRNC icon
109
Cerence
CRNC
$384M
$1.02M 0.17%
24,989
-2,500
-9% -$71.8K
MSFT icon
110
Microsoft
MSFT
$3.81T
$1.02M 0.17%
+5,000
New +$908K
GSHD icon
111
Goosehead Insurance
GSHD
$1.7B
$1M 0.17%
13,318
-5,000
-27% -$290K
IMXI icon
112
International Money Express
IMXI
$437M
$935K 0.16%
75,000
– –
TTEC icon
113
TTEC Holdings
TTEC
$69M
$931K 0.16%
+20,000
New +$798K
SMAR
114
DELISTED
Smartsheet Inc.
SMAR
$926K 0.16%
18,190
– –
MIME
115
DELISTED
Mimecast Limited
MIME
$917K 0.16%
+22,000
New +$864K
FCFS icon
116
FirstCash
FCFS
$9.51B
$877K 0.15%
13,000
– –
WIFI
117
DELISTED
Boingo Wireless, Inc.
WIFI
$866K 0.15%
65,000
-30,000
-32% -$392K
CMPR icon
118
Cimpress
CMPR
$2.17B
$863K 0.15%
11,300
– –
BOOT icon
119
Boot Barn
BOOT
$4.69B
$862K 0.15%
40,000
+20,000
+100% +$391K
JAZZ icon
120
Jazz Pharmaceuticals
JAZZ
$15.9B
$861K 0.15%
7,800
– –
ARCH
121
DELISTED
Arch Resources, Inc.
ARCH
$847K 0.14%
29,820
-57,750
-66% -$1.8M
MGNI icon
122
Magnite
MGNI
$3.4B
$830K 0.14%
+124,430
New +$777K
PCOM
123
DELISTED
Points.com Inc. Common Shares
PCOM
$805K 0.14%
88,379
-10,000
-10% -$89.4K
NEWR
124
DELISTED
New Relic, Inc.
NEWR
$797K 0.13%
11,563
-79,437
-87% -$4.74M
CPA icon
125
Copa Holdings
CPA
$5.29B
$784K 0.13%
15,500
– –
3 4
5
6 7

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 Q2 2020 Portfolio in Review

As of Q2 2020, Formula Growth held 181 positions worth $591M, up 13% from $522M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Formula Growth withdrew a net $94M in Q2 2020, closing 39 positions and reducing 39 holdings. Its most notable exit was Toll Brothers, an estimated $10.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 32% a quarter earlier, followed by Industrials and Communication Services.

Against the trend, Formula Growth opened a new position in Bausch Health worth $11.3M.

  • Formula Growth's largest Q2 2020 buy was Bausch Health: 620,000 shares worth $11.3M.
  • Formula Growth added most to Cornerstone OnDemand, Inc. in Q2 2020, an estimated $6.05M increase.
  • Formula Growth's biggest Q2 2020 reduction was Owens Corning, cutting an estimated $13.8M.
  • Formula Growth fully exited Toll Brothers in Q2 2020, selling an estimated $10.9M.
  • Formula Growth's ten largest holdings make up 34% of its $591M portfolio in Q2 2020.
  • Formula Growth opened 29 new positions and closed 39 in Q2 2020.
  • Formula Growth's portfolio value rose 13% quarter-over-quarter to $591M.

Based on Formula Growth's 13F filing for Q2 2020, filed 13 Aug 2020.