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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
+5.35%
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
$582M
AUM Growth
+$102M
Cap. Flow
+$71.5M
Cap. Flow %
12.29%
Top 10 Hldgs %
34.47%
Holding
152
New
14
Increased
37
Reduced
33
Closed
25

Top Buys

Rank Stock Value
1
KLDX
KLONDEX MINES LTD
KLDX
+$24.1M
2
HTZ
Hertz Global Holdings, Inc.
HTZ
+$17M
3
AMC icon
AMC Entertainment Holdings
AMC
+$10.5M
4
THS
Treehouse Foods
THS
+$10.1M
5
FNSR
Finisar Corp
FNSR
+$8.97M

Top Sells

Rank Stock Value
1
NOMD icon
Nomad Foods
NOMD
+$6.07M
2
SNCR
Synchronoss Technologies
SNCR
+$6.06M
3
TGI
Triumph Group
TGI
+$5.98M
4
DMRC icon
Digimarc Corp
DMRC
+$5.68M
5
CNR
Cornerstone Building Brands, Inc.
CNR
+$3.87M

Sector Composition

Rank Sector Weight
1 Technology 22.13%
2 Industrials 19.04%
3 Materials 11.15%
4 Energy 9.29%
5 Communication Services 9.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PAY
151
DELISTED
Verifone Systems Inc
PAY
– –
-191,000
Closed -$3.58M
XTLY
152
DELISTED
Xactly Corporation
XTLY
– –
-75,000
Closed -$893K
3 4 5 6
7

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1W
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WMA
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Formula Growth's Q2 2017 Portfolio in Review

As of Q2 2017, Formula Growth held 152 positions worth $582M, up 21% from $480M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Formula Growth deployed $71.5M of net new capital in Q2 2017, opening 14 new positions and adding to 37 existing holdings. Its largest new stake was KLONDEX MINES LTD: 6,963,800 shares worth $23.5M.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 25% a quarter earlier, followed by Industrials and Materials.

On the sell side, the largest reduction was Nomad Foods, an estimated $6.07M trimmed.

  • Formula Growth's largest Q2 2017 buy was KLONDEX MINES LTD: 6,963,800 shares worth $23.5M.
  • Formula Growth added most to Hertz Global Holdings, Inc. in Q2 2017, an estimated $17M increase.
  • Formula Growth's biggest Q2 2017 reduction was Nomad Foods, cutting an estimated $6.07M.
  • Formula Growth fully exited Synchronoss Technologies in Q2 2017, selling an estimated $6.06M.
  • Formula Growth's ten largest holdings make up 34% of its $582M portfolio in Q2 2017.
  • Formula Growth opened 14 new positions and closed 25 in Q2 2017.
  • Formula Growth's portfolio value rose 21% quarter-over-quarter to $582M.

Based on Formula Growth's 13F filing for Q2 2017, filed 11 Aug 2017.