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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
+6.26%
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
$314M
AUM Growth
+$3.57M
Cap. Flow
-$7.83M
Cap. Flow %
-2.49%
Top 10 Hldgs %
22.77%
Holding
157
New
28
Increased
25
Reduced
45
Closed
22

Top Buys

Rank Stock Value
1
U icon
Unity
U
+$4.32M
2
CECO icon
Ceco Environmental
CECO
+$3.86M
3
PRVA icon
Privia Health
PRVA
+$3.06M
4
SIX
Six Flags Entertainment Corp.
SIX
+$2.96M
5
LNTH icon
Lantheus
LNTH
+$2.92M

Top Sells

Rank Stock Value
1
STNE icon
StoneCo
STNE
+$5.84M
2
W icon
Wayfair
W
+$4.6M
3
CWAN
Clearwater Analytics
CWAN
+$3.51M
4
ZUO
Zuora, Inc.
ZUO
+$3.39M
5
DXLG icon
Destination XL Group
DXLG
+$3.27M

Sector Composition

Rank Sector Weight
1 Technology 32.77%
2 Healthcare 18.54%
3 Industrials 14.34%
4 Consumer Discretionary 12.88%
5 Communication Services 8.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TITN icon
151
Titan Machinery
TITN
$416M
– –
-55,085
Closed -$1.68M
TIXT
152
DELISTED
TELUS International
TIXT
– –
-41,875
Closed -$847K
UP icon
153
Wheels Up
UP
$177M
– –
-1,399
Closed -$177K
W icon
154
Wayfair
W
$14.2B
– –
-134,000
Closed -$4.6M
XEL icon
155
Xcel Energy
XEL
$47.8B
– –
-22,000
Closed -$1.48M
XMTR icon
156
Xometry
XMTR
$5.39B
– –
-185,000
Closed -$2.77M
Z icon
157
Zillow
Z
$8.02B
– –
-27,816
Closed -$1.24M
3 4 5 6
7

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CA
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1W
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WMA
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Formula Growth's Q2 2023 Portfolio in Review

As of Q2 2023, Formula Growth held 157 positions worth $314M, up 1.2% from $310M the previous quarter. Its ten largest holdings account for 23% of the portfolio.

Formula Growth's Q2 2023 filing shows 28 new, 25 increased, 45 reduced and 22 closed positions. Its largest new stake was Ceco Environmental: 310,140 shares worth $4.14M. The largest sale was StoneCo, an estimated $5.84M.

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

  • Formula Growth's largest Q2 2023 buy was Ceco Environmental: 310,140 shares worth $4.14M.
  • Formula Growth added most to Unity in Q2 2023, an estimated $4.32M increase.
  • Formula Growth's biggest Q2 2023 reduction was Zuora, Inc., cutting an estimated $3.39M.
  • Formula Growth fully exited StoneCo in Q2 2023, selling an estimated $5.84M.
  • Formula Growth's ten largest holdings make up 23% of its $314M portfolio in Q2 2023.
  • Formula Growth opened 28 new positions and closed 22 in Q2 2023.
  • Formula Growth's portfolio value rose 1.2% quarter-over-quarter to $314M.

Based on Formula Growth's 13F filing for Q2 2023, filed 11 Aug 2023.