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
-3.06%
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
$667M
AUM Growth
-$32.8M
Cap. Flow
-$2.62M
Cap. Flow %
-0.39%
Top 10 Hldgs %
30.88%
Holding
170
New
20
Increased
30
Reduced
43
Closed
23
Avg Time Held Equity + Options
1.8 years
Top 10 Avg Time Held Equity + Options
0.6 years
Top 20 Avg Time Held Equity + Options
1.1 years
Avg Time Held Equity only
1.8 years
Top 10 Avg Time Held Equity only
0.6 years
Top 20 Avg Time Held Equity only
1.1 years

Top Buys

Rank Stock Value
1
GDOT icon
Green Dot
GDOT
+$16.3M
2
UBER icon
Uber
UBER
+$15.6M
3
LYFT icon
Lyft
LYFT
+$12M
4
PS icon
Pluralsight, Inc. Class A Common Stock
PS
+$10.3M
5
TWLO icon
Twilio
TWLO
+$7.78M

Top Sells

Rank Stock Value
1
PAGS icon
PagSeguro Digital
PAGS
+$14.4M
2
IAA
IAA, Inc. Common Stock
IAA
+$11.3M
3
LKQ icon
LKQ Corp
LKQ
+$10.8M
4
TGI icon
Triumph Group
TGI
+$9.6M
5
OC icon
Owens Corning
OC
+$8.01M

Sector Composition

Rank Sector Weight
1 Technology 30.13%
2 Industrials 22.05%
3 Consumer Discretionary 12.5%
4 Healthcare 7.11%
5 Materials 6.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
OC icon
1
Owens Corning
OC
$8.92B
$32.6M 4.89%
516,290
-140,000
-21% -$8.01M
2018 Q3
4 quarters
NUAN
2
DELISTED
Nuance Communications, Inc.
NUAN
$26M 3.89%
1,838,183
– –
2016 Q3
12 quarters
BLDR icon
3
Builders FirstSource
BLDR
$5.88B
$23.6M 3.53%
1,146,624
-264,460
-19% -$4.93M
2015 Q4
15 quarters
UA icon
4
Under Armour Class C
UA
$1.99B
$20.2M 3.02%
1,112,200
+99,200
+10% +$1.96M
2017 Q3
8 quarters
INST icon
5
DELISTED
Instructure, Inc.
INST
$19.8M 2.97%
512,237
– –
2016 Q3
12 quarters
DBX icon
6
Dropbox
DBX
$7.73B
$19.6M 2.94%
972,000
+125,000
+15% +$2.66M
2018 Q3
4 quarters
CX icon
7
Cemex
CX
$14.8B
$17.7M 2.65%
4,510,986
– –
2017 Q1
10 quarters
GMS icon
8
DELISTED
GMS Inc
GMS
$17.7M 2.65%
615,382
-200,258
-25% -$4.91M
2018 Q2
5 quarters
TPC icon
9
Tutor Perini Cor
TPC
$4.08B
$15.2M 2.27%
1,058,828
-42,200
-4% -$515K
2017 Q3
8 quarters
HOUS icon
10
DELISTED
Anywhere Real Estate
HOUS
$13.8M 2.06%
2,061,871
+320,000
+18% +$1.85M
2016 Q3
12 quarters
UBER icon
11
Uber
UBER
$144B
$12.6M 1.89%
+415,000
New +$15.6M
2019 Q3
0 quarters
MIC icon
12
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
$12.6M 1.89%
319,915
+40,000
+14% +$1.58M
2018 Q1
6 quarters
EVH icon
13
Evolent Health
EVH
$517M
$12.5M 1.87%
1,738,025
+680,000
+64% +$4.88M
2017 Q1
10 quarters
CISN
14
DELISTED
Cision Ltd. Ordinary Share
CISN
$11.9M 1.78%
1,548,357
+410,000
+36% +$3.53M
2018 Q2
5 quarters
META icon
15
Meta Platforms (Facebook)
META
$1.81T
$11.8M 1.76%
66,000
-3,000
-4% -$570K
2015 Q4
15 quarters
ZUO icon
16
DELISTED
Zuora, Inc.
ZUO
$11.7M 1.76%
779,261
+5,000
+0.6% +$75.3K
2018 Q4
3 quarters
OSB
17
DELISTED
Norbord Inc.
OSB
$11.5M 1.72%
480,000
+50,000
+12% +$1.17M
2019 Q1
2 quarters
AAL icon
18
American Airlines Group
AAL
$7.86B
$11.3M 1.7%
420,000
+70,500
+20% +$2.06M
2018 Q4
3 quarters
GDOT icon
19
Green Dot
GDOT
$695M
$11.1M 1.66%
+440,000
New +$16.3M
2019 Q3
0 quarters
NOK icon
20
Nokia
NOK
$51.2B
$11M 1.65%
2,180,000
– –
2019 Q1
2 quarters
INFN icon
21
DELISTED
Infinera Corporation Common Stock
INFN
$10.4M 1.55%
1,900,000
-100,000
-5% -$440K
2018 Q3
4 quarters
LYFT icon
22
Lyft
LYFT
$6.37B
$8.98M 1.35%
+220,000
New +$12M
2019 Q3
0 quarters
ADM icon
23
Archer Daniels Midland
ADM
$39.8B
$8.83M 1.32%
215,000
+60,000
+39% +$2.39M
2019 Q2
1 quarter
VC icon
24
Visteon
VC
$2.33B
$8.16M 1.22%
98,859
-109,616
-53% -$7.32M
2018 Q4
3 quarters
PS icon
25
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
$8.05M 1.21%
+479,133
New +$10.3M
2019 Q3
0 quarters
1
2 3 4 5

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
CWMGP
Capstone Wealth Management Group (Pennsylvania) Clarks Green, Pennsylvania $284M AUM 32.49% 1-Year Est. Return

Formula Growth's Q3 2019 Portfolio in Review

As of Q3 2019, Formula Growth held 170 positions worth $667M, down 4.7% from $700M the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Formula Growth's Q3 2019 filing shows 20 new, 30 increased, 43 reduced and 23 closed positions. Its largest new stake was Green Dot: 440,000 shares worth $11.1M. The largest sale was PagSeguro Digital, an estimated $14.4M.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 29% a quarter earlier, followed by Industrials and Consumer Discretionary.

  • Formula Growth's largest Q3 2019 buy was Green Dot: 440,000 shares worth $11.1M.
  • Formula Growth added most to Twilio in Q3 2019, an estimated $7.78M increase.
  • Formula Growth's biggest Q3 2019 reduction was PagSeguro Digital, cutting an estimated $14.4M.
  • Formula Growth fully exited Triumph Group in Q3 2019, selling an estimated $9.6M.
  • Formula Growth's ten largest holdings make up 31% of its $667M portfolio in Q3 2019.
  • Formula Growth opened 20 new positions and closed 23 in Q3 2019.
  • Formula Growth's portfolio value fell 4.7% quarter-over-quarter to $667M.

Based on Formula Growth's 13F filing for Q3 2019, filed 14 Nov 2019.