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
-11.45%
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
$530M
AUM Growth
-$32.8M
Cap. Flow
+$30.3M
Cap. Flow %
5.71%
Top 10 Hldgs %
22.9%
Holding
156
New
18
Increased
19
Reduced
44
Closed
16

Top Buys

Rank Stock Value
1
PATH icon
UiPath
PATH
+$11M
2
NEWR
New Relic, Inc.
NEWR
+$10.9M
3
PYPL icon
PayPal
PYPL
+$10.6M
4
IAA
IAA, Inc. Common Stock
IAA
+$9.25M
5
KBH icon
KB Home
KBH
+$8.86M

Top Sells

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$18.1M
2
ZEN
ZENDESK INC
ZEN
+$16.2M
3
DBX icon
Dropbox
DBX
+$8.19M
4
PD icon
PagerDuty
PD
+$7.72M
5
TDC icon
Teradata
TDC
+$6.37M

Sector Composition

Rank Sector Weight
1 Technology 33.1%
2 Consumer Discretionary 15.39%
3 Healthcare 14.58%
4 Communication Services 10.26%
5 Industrials 9.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
STAA icon
101
STAAR Surgical
STAA
$1.11B
$1.44M 0.27%
18,000
– –
LUNG icon
102
Pulmonx
LUNG
$102M
$1.36M 0.26%
54,951
-3,723
-6% -$96.2K
CERS icon
103
Cerus
CERS
$534M
$1.33M 0.25%
242,290
– –
ZEN
104
DELISTED
ZENDESK INC
ZEN
$1.33M 0.25%
11,044
-148,730
-93% -$16.2M
WIX icon
105
WIX.com
WIX
$3.67B
$1.31M 0.25%
12,500
– –
CPA icon
106
Copa Holdings
CPA
$5.29B
$1.3M 0.24%
15,500
– –
SIRI icon
107
SiriusXM
SIRI
$9.62B
$1.29M 0.24%
19,440
– –
UBER icon
108
Uber
UBER
$161B
$1.25M 0.24%
35,000
– –
FCX icon
109
Freeport-McMoran
FCX
$110B
$1.24M 0.23%
+25,000
New +$1.11M
FIS icon
110
Fidelity National Information Services
FIS
$21.4B
$1.21M 0.23%
12,073
– –
VCYT icon
111
Veracyte
VCYT
$3.48B
$1.16M 0.22%
42,000
-10,000
-19% -$286K
SRI icon
112
Stoneridge
SRI
$205M
$1.12M 0.21%
+54,000
New +$994K
ROOT icon
113
Root
ROOT
$874M
$1.12M 0.21%
31,518
-982
-3% -$35.4K
COOK icon
114
Traeger
COOK
$156M
$1.12M 0.21%
+3,000
New +$1.43M
OPLN
115
Openlane
OPLN
$4.28B
$1.1M 0.21%
61,089
-30,000
-33% -$481K
SWCH
116
DELISTED
Switch, Inc. Class A Common Stock
SWCH
$1.08M 0.2%
35,000
– –
CTLP
117
DELISTED
Cantaloupe
CTLP
$1.05M 0.2%
154,789
– –
ZD icon
118
Ziff Davis
ZD
$1.91B
$1.05M 0.2%
10,821
– –
BLDR icon
119
Builders FirstSource
BLDR
$7.29B
$1.04M 0.2%
16,134
– –
PHLT
120
DELISTED
Performant Healthcare Inc
PHLT
$933K 0.18%
300,000
– –
PRG icon
121
PROG Holdings
PRG
$1.56B
$927K 0.17%
32,237
-100,146
-76% -$3.54M
KPLT icon
122
Katapult Holdings
KPLT
$483M
$897K 0.17%
15,069
-459
-3% -$27.1K
SMAR
123
DELISTED
Smartsheet Inc.
SMAR
$865K 0.16%
15,796
– –
LPRO
124
DELISTED
Open Lending Corp
LPRO
$851K 0.16%
45,000
– –
KEX icon
125
Kirby Corp
KEX
$7.34B
$848K 0.16%
11,745
– –
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 Q1 2022 Portfolio in Review

As of Q1 2022, Formula Growth held 156 positions worth $530M, down 5.8% from $563M the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Formula Growth deployed $30.3M of net new capital in Q1 2022, opening 18 new positions and adding to 19 existing holdings. Its largest new stake was UiPath: 325,000 shares worth $7.02M.

By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 37% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was ZENDESK INC, an estimated $16.2M trimmed.

  • Formula Growth's largest Q1 2022 buy was UiPath: 325,000 shares worth $7.02M.
  • Formula Growth added most to IAA, Inc. Common Stock in Q1 2022, an estimated $9.25M increase.
  • Formula Growth's biggest Q1 2022 reduction was ZENDESK INC, cutting an estimated $16.2M.
  • Formula Growth fully exited Simon Property Group in Q1 2022, selling an estimated $18.1M.
  • Formula Growth's ten largest holdings make up 23% of its $530M portfolio in Q1 2022.
  • Formula Growth opened 18 new positions and closed 16 in Q1 2022.
  • Formula Growth's portfolio value fell 5.8% quarter-over-quarter to $530M.

Based on Formula Growth's 13F filing for Q1 2022, filed 13 May 2022.