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
+40.71%
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
$591M
AUM Growth
+$69.5M
Cap. Flow
-$94M
Cap. Flow %
-15.91%
Top 10 Hldgs %
34.34%
Holding
181
New
29
Increased
14
Reduced
39
Closed
39

Top Buys

Rank Stock Value
1
BHC icon
Bausch Health
BHC
+$10.9M
2
CLDR
Cloudera, Inc.
CLDR
+$8.41M
3
ALLY icon
Ally Financial
ALLY
+$7.66M
4
VIRT icon
Virtu Financial
VIRT
+$7.09M
5
CSOD
Cornerstone OnDemand, Inc.
CSOD
+$6.05M

Top Sells

Rank Stock Value
1
OC icon
Owens Corning
OC
+$13.8M
2
GDOT icon
Green Dot
GDOT
+$12.8M
3
META icon
Meta Platforms (Facebook)
META
+$12.6M
4
TOL icon
Toll Brothers
TOL
+$10.9M
5
BLDR icon
Builders FirstSource
BLDR
+$10.7M

Sector Composition

Rank Sector Weight
1 Technology 39.34%
2 Industrials 12.35%
3 Communication Services 9.7%
4 Healthcare 9.09%
5 Consumer Staples 8.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NUAN
1
DELISTED
Nuance Communications, Inc.
NUAN
$37.6M 6.36%
1,486,500
-50,000
-3% -$1.04M
THS
2
DELISTED
Treehouse Foods
THS
$31.9M 5.4%
729,080
-3,562
-0.5% -$174K
CSOD
3
DELISTED
Cornerstone OnDemand, Inc.
CSOD
$22.1M 3.73%
572,000
+172,000
+43% +$6.05M
VG
4
DELISTED
Vonage Holdings Corporation
VG
$21.3M 3.6%
2,116,220
+260,000
+14% +$2.33M
NOK icon
5
Nokia
NOK
$57.2B
$19.5M 3.3%
4,432,450
– –
DBX icon
6
Dropbox
DBX
$7.76B
$18.9M 3.2%
868,000
-65,800
-7% -$1.39M
PAGS icon
7
PagSeguro Digital
PAGS
$2.45B
$13.6M 2.3%
384,187
-335,000
-47% -$9.43M
OC icon
8
Owens Corning
OC
$11.3B
$13.4M 2.26%
239,802
-294,998
-55% -$13.8M
NSP icon
9
Insperity
NSP
$2.04B
$12.4M 2.1%
191,736
-105,631
-36% -$5.29M
TWLO icon
10
Twilio
TWLO
$36.5B
$12.4M 2.09%
56,312
-42,000
-43% -$6.74M
PINS icon
11
Pinterest
PINS
$13.1B
$11.9M 2.01%
537,000
– –
EPC icon
12
Edgewell Personal Care
EPC
$1.34B
$11.8M 2%
380,088
-222,708
-37% -$6.24M
EVH icon
13
Evolent Health
EVH
$520M
$11.4M 1.93%
1,603,930
-90,095
-5% -$603K
BHC icon
14
Bausch Health
BHC
$2.36B
$11.3M 1.92%
+620,000
New +$10.9M
CLDR
15
DELISTED
Cloudera, Inc.
CLDR
$11.1M 1.88%
+875,000
New +$8.41M
ZUO
16
DELISTED
Zuora, Inc.
ZUO
$10.5M 1.77%
822,261
+118,000
+17% +$1.31M
UA icon
17
Under Armour Class C
UA
$2.12B
$10.1M 1.7%
1,140,000
– –
VIPS icon
18
Vipshop
VIPS
$6.42B
$9.53M 1.61%
478,408
+346,808
+264% +$5.96M
ALLY icon
19
Ally Financial
ALLY
$12.8B
$8.92M 1.51%
+450,000
New +$7.66M
COOP
20
DELISTED
Mr. Cooper
COOP
$8.18M 1.38%
657,204
-120,000
-15% -$1.2M
HOUS
21
DELISTED
Anywhere Real Estate
HOUS
$8.16M 1.38%
1,101,694
-25,531
-2% -$132K
VIRT icon
22
Virtu Financial
VIRT
$5.86B
$7.16M 1.21%
+303,252
New +$7.09M
CX icon
23
Cemex
CX
$15.7B
$5.99M 1.01%
2,079,891
-2,940,000
-59% -$6.89M
CNDT icon
24
Conduent
CNDT
$267M
$5.74M 0.97%
2,400,000
+1,314,000
+121% +$3.06M
BLDR icon
25
Builders FirstSource
BLDR
$7.29B
$5.42M 0.92%
261,651
-595,000
-69% -$10.7M
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
CWA
Choice Wealth Advisors Waterville, Maine $285M AUM 19.08% 1-Year Est. Return

Formula Growth's Q2 2020 Portfolio in Review

As of Q2 2020, Formula Growth held 181 positions worth $591M, up 13% from $522M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Formula Growth withdrew a net $94M in Q2 2020, closing 39 positions and reducing 39 holdings. Its most notable exit was Toll Brothers, an estimated $10.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 32% a quarter earlier, followed by Industrials and Communication Services.

Against the trend, Formula Growth opened a new position in Bausch Health worth $11.3M.

  • Formula Growth's largest Q2 2020 buy was Bausch Health: 620,000 shares worth $11.3M.
  • Formula Growth added most to Cornerstone OnDemand, Inc. in Q2 2020, an estimated $6.05M increase.
  • Formula Growth's biggest Q2 2020 reduction was Owens Corning, cutting an estimated $13.8M.
  • Formula Growth fully exited Toll Brothers in Q2 2020, selling an estimated $10.9M.
  • Formula Growth's ten largest holdings make up 34% of its $591M portfolio in Q2 2020.
  • Formula Growth opened 29 new positions and closed 39 in Q2 2020.
  • Formula Growth's portfolio value rose 13% quarter-over-quarter to $591M.

Based on Formula Growth's 13F filing for Q2 2020, filed 13 Aug 2020.