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
-26.15%
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
$522M
AUM Growth
-$271M
Cap. Flow
-$21.8M
Cap. Flow %
-4.17%
Top 10 Hldgs %
33.67%
Holding
174
New
35
Increased
26
Reduced
45
Closed
22

Top Buys

Rank Stock Value
1
TOL icon
Toll Brothers
TOL
+$21.5M
2
NSP icon
Insperity
NSP
+$21.1M
3
CSOD
Cornerstone OnDemand, Inc.
CSOD
+$19.5M
4
THS
Treehouse Foods
THS
+$17.8M
5
EPC icon
Edgewell Personal Care
EPC
+$11.3M

Top Sells

Rank Stock Value
1
UBER icon
Uber
UBER
+$24.1M
2
INST
Instructure, Inc.
INST
+$22.3M
3
MIC
Macquarie Infrastructure Holdings, LLC
MIC
+$19M
4
GDOT icon
Green Dot
GDOT
+$16.5M
5
AAL icon
American Airlines Group
AAL
+$12.9M

Sector Composition

Rank Sector Weight
1 Technology 32.28%
2 Industrials 18.35%
3 Consumer Discretionary 11.66%
4 Consumer Staples 10.14%
5 Communication Services 9.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CRNC icon
126
Cerence
CRNC
$384M
$423K 0.08%
27,489
-248,000
-90% -$5.21M
AXGN icon
127
Axogen
AXGN
$2.77B
$416K 0.08%
40,000
-45,000
-53% -$573K
VCEL icon
128
Vericel Corp
VCEL
$2.1B
$413K 0.08%
45,000
– –
CNTY icon
129
Century Casinos
CNTY
$35.7M
$410K 0.08%
170,000
– –
SAVE
130
DELISTED
Spirit Airlines, Inc.
SAVE
$387K 0.07%
30,000
-226,750
-88% -$7.29M
PGTI
131
DELISTED
PGT, Inc.
PGTI
$378K 0.07%
45,000
– –
KIN
132
DELISTED
Kindred Biosciences, Inc.
KIN
$360K 0.07%
90,000
+20,000
+29% +$170K
LK
133
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
$335K 0.06%
12,333
-81,517
-87% -$3M
CSV icon
134
Carriage Services
CSV
$541M
$323K 0.06%
20,000
– –
USX
135
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
$317K 0.06%
+94,992
New +$460K
VRRM icon
136
Verra Mobility
VRRM
$667M
$309K 0.06%
43,326
-226,674
-84% -$3.02M
LILAK icon
137
Liberty Latin America Class C
LILAK
$1.66B
$292K 0.06%
33,218
– –
EDU icon
138
New Oriental
EDU
$9.36B
$281K 0.05%
2,600
+365
+16% +$46.9K
BOOT icon
139
Boot Barn
BOOT
$4.69B
$259K 0.05%
+20,000
New +$638K
ZTO icon
140
ZTO Express
ZTO
$16.3B
$230K 0.04%
+8,700
New +$211K
GTT
141
DELISTED
GTT Communications, Inc.
GTT
$207K 0.04%
26,000
-10,000
-28% -$121K
HAS icon
142
Hasbro
HAS
$13.3B
$150K 0.03%
+2,100
New +$182K
RBA icon
143
RB Global
RBA
$15.9B
$136K 0.03%
+3,990
New +$159K
LNC icon
144
Lincoln National
LNC
$8.29B
$66K 0.01%
+2,520
New +$120K
SGI
145
Somnigroup International
SGI
$13.5B
$50K 0.01%
+4,620
New +$87.8K
CCL icon
146
Carnival Corporation Ltd
CCL
$33.9B
$44K 0.01%
+3,307
New +$118K
FL
147
DELISTED
Foot Locker
FL
$37K 0.01%
+1,695
New +$57.6K
AXAS
148
DELISTED
Abraxas Petroleum Corp
AXAS
$37K 0.01%
15,445
-106,731
-87% -$481K
VYX icon
149
NCR Voyix
VYX
$1.21B
$28K 0.01%
+2,579
New +$44.3K
GLUU
150
DELISTED
Glu Mobile Inc.
GLUU
$28K 0.01%
+4,520
New +$29.1K
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 2020 Portfolio in Review

As of Q1 2020, Formula Growth held 174 positions worth $522M, down 34% from $793M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Formula Growth withdrew a net $21.8M in Q1 2020, closing 22 positions and reducing 45 holdings. Its most notable exit was Instructure, Inc., an estimated $22.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 33% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Formula Growth opened a new position in Toll Brothers worth $10.9M.

  • Formula Growth's largest Q1 2020 buy was Toll Brothers: 567,579 shares worth $10.9M.
  • Formula Growth added most to Treehouse Foods in Q1 2020, an estimated $17.8M increase.
  • Formula Growth's biggest Q1 2020 reduction was Uber, cutting an estimated $24.1M.
  • Formula Growth fully exited Instructure, Inc. in Q1 2020, selling an estimated $22.3M.
  • Formula Growth's ten largest holdings make up 34% of its $522M portfolio in Q1 2020.
  • Formula Growth opened 35 new positions and closed 22 in Q1 2020.
  • Formula Growth's portfolio value fell 34% quarter-over-quarter to $522M.

Based on Formula Growth's 13F filing for Q1 2020, filed 14 May 2020.