We are live on !
Find out more
FG
Formula Growth Portfolio holdings
AUM
$284M
Turnover
33.14%
1-Year Est. Return
54.56%
This Fund
S&P 500
This Quarter Est. Return
+1.62%
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
$636M
AUM Growth
+$54.1M
(+9.3%)
Cap. Flow
+$40.9M
Cap. Flow % of AUM
Cap. Flow %
6.43%
Top 10 Holdings %
Top 10 Hldgs %
28.22%
Holding
147
New
20
Increased
26
Reduced
50
Closed
12
Avg Time Held
Equity + Options
1
year
Top 10 Avg Time Held
Equity + Options
0.4
years
Top 20 Avg Time Held
Equity + Options
0.6
years
Avg Time Held Equity only
1
year
Top 10 Avg Time Held Equity only
0.4
years
Top 20 Avg Time Held Equity only
0.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Evolent Health
EVH
|
+$14.5M |
| 2 |
Cars.com
CARS
|
+$11.8M |
| 3 |
AUY
Yamana Gold, Inc.
AUY
|
+$11.6M |
| 4 |
FNSR
Finisar Corp
FNSR
|
+$11.5M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$10.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hertz Global Holdings, Inc.
HTZ
|
+$18.7M |
| 2 |
APA Corp
APA
|
+$16.7M |
| 3 |
YELL
Yellow Corporation Common Stock
YELL
|
+$9.5M |
| 4 |
FerroAtlántica
GSM
|
+$7.9M |
| 5 |
Ring Energy
REI
|
+$7.57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.23% |
| 2 | Industrials | 16.05% |
| 3 | Materials | 10.48% |
| 4 | Communication Services | 10.28% |
| 5 | Energy | 9.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
PGTI
126
DELISTED
PGT, Inc.
PGTI
| $822K | 0.13% |
55,000
| – | – |
2015 Q4
7 quarters
|
|
127
DELISTED
Liberty Tax, Inc. Class A
TAX
| $796K | 0.13% |
55,280
-6,000
| -10% | -$83.3K |
2015 Q4
7 quarters
|
|
128
Liberty Latin America Class C
LILAK
$1.57B
| $663K | 0.1% |
33,218
| – | – |
2015 Q4
7 quarters
|
|
129
Kirby Corp
KEX
$7.2B
| $660K | 0.1% |
10,000
| – | – |
2015 Q4
7 quarters
|
|
130
DELISTED
Emcore Corp
EMKR
| $656K | 0.1% |
8,000
| – | – |
2017 Q2
1 quarter
|
|
131
Pediatrix Medical
MD
$2.22B
| $620K | 0.1% |
14,376
| – | – |
2015 Q4
7 quarters
|
|
132
Insteel Industries
IIIN
$574M
| $615K | 0.1% |
+23,558
| New | +$636K |
2017 Q3
0 quarters
|
|
133
Trip.com Group
TCOM
$25.2B
| $543K | 0.09% |
10,300
-88,470
| -90% | -$4.8M |
2016 Q1
6 quarters
|
|
134
Carvana
CVNA
$64.7B
| $514K | 0.08% |
175,000
+75,000
| +75% | +$273K |
2017 Q2
1 quarter
|
|
135
IMAX
IMAX
$2.79B
| $222K | 0.03% |
+9,796
| New | +$202K |
2017 Q3
0 quarters
|
|
136
DexCom
DXCM
$32.5B
| – | – |
-84,000
| Closed | -$1.54M | – |
|
137
PUT
iShares China Large-Cap ETF
FXI
$3.89B
| – | – |
-1,800
| Closed | -$71K | – |
|
138
JB Hunt Transport Services
JBHT
$21.5B
| – | – |
-13,250
| Closed | -$1.28M | – |
|
139
Nomad Foods
NOMD
$1.64B
| – | – |
-197,716
| Closed | -$2.79M | – |
|
140
NetEase
NTES
$80.7B
| – | – |
-53,275
| Closed | -$3.2M | – |
|
141
Urban Outfitters
URBN
$7.42B
| – | – |
-161,000
| Closed | -$2.98M | – |
|
|
142
DELISTED
Hertz Global Holdings, Inc.
HTZ
| – | – |
-1,873,014
| Closed | -$18.7M | – |
|
|
LONE
143
DELISTED
Lonestar Resources US Inc. Class A Common Stock
LONE
| – | – |
-255,285
| Closed | -$1.1M | – |
|
|
AKS
144
DELISTED
AK Steel Holding Corp
AKS
| – | – |
-400,000
| Closed | -$2.63M | – |
|
|
DATA
145
DELISTED
Tableau Software, Inc.
DATA
| – | – |
-64,700
| Closed | -$3.96M | – |
|
|
SHOR
146
DELISTED
ShoreTel, Inc.
SHOR
| – | – |
-486,700
| Closed | -$2.82M | – |
|
|
WBMD
147
DELISTED
WebMD Health Corp.
WBMD
| – | – |
-18,837
| Closed | -$1.1M | – |
|
Similar funds
ATC
MWM
VWM
BP
CA
1W
WMA
CWMGP
Formula Growth's Q3 2017 Portfolio in Review
As of Q3 2017, Formula Growth held 147 positions worth $636M, up 9.3% from $582M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Formula Growth deployed $40.9M of net new capital in Q3 2017, opening 20 new positions and adding to 26 existing holdings. Its largest new stake was Cars.com: 465,000 shares worth $12.4M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 22% a quarter earlier, followed by Industrials and Materials.
On the sell side, the largest reduction was APA Corp, an estimated $16.7M trimmed.
- Formula Growth's largest Q3 2017 buy was Cars.com: 465,000 shares worth $12.4M.
- Formula Growth added most to Evolent Health in Q3 2017, an estimated $14.5M increase.
- Formula Growth's biggest Q3 2017 reduction was APA Corp, cutting an estimated $16.7M.
- Formula Growth fully exited Hertz Global Holdings, Inc. in Q3 2017, selling an estimated $18.7M.
- Formula Growth's ten largest holdings make up 28% of its $636M portfolio in Q3 2017.
- Formula Growth opened 20 new positions and closed 12 in Q3 2017.
- Formula Growth's portfolio value rose 9.3% quarter-over-quarter to $636M.
Based on Formula Growth's 13F filing for Q3 2017, filed 13 Nov 2017.