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
+8.6%
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
$535M
AUM Growth
-$56.6M
Cap. Flow
-$94.2M
Cap. Flow %
-17.62%
Top 10 Hldgs %
32.35%
Holding
175
New
33
Increased
18
Reduced
43
Closed
27

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$14.5M
2
ADT icon
ADT
ADT
+$8.44M
3
KLIC icon
Kulicke & Soffa
KLIC
+$6.97M
4
NEWR
New Relic, Inc.
NEWR
+$6.72M
5
STRA icon
Strategic Education
STRA
+$6.16M

Top Sells

Rank Stock Value
1
EVH icon
Evolent Health
EVH
+$17.3M
2
NUAN
Nuance Communications, Inc.
NUAN
+$15.6M
3
PINS icon
Pinterest
PINS
+$15.3M
4
OC icon
Owens Corning
OC
+$13.4M
5
PAGS icon
PagSeguro Digital
PAGS
+$13.1M

Sector Composition

Rank Sector Weight
1 Technology 39.97%
2 Industrials 11.8%
3 Consumer Discretionary 11.7%
4 Consumer Staples 10.17%
5 Healthcare 8.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NUAN
1
DELISTED
Nuance Communications, Inc.
NUAN
$31.5M 5.89%
948,500
-538,000
-36% -$15.6M
THS
2
DELISTED
Treehouse Foods
THS
$24.4M 4.56%
601,415
-127,665
-18% -$5.43M
BABA icon
3
Alibaba
BABA
$296B
$20.2M 3.79%
68,842
+55,090
+401% +$14.5M
CSOD
4
DELISTED
Cornerstone OnDemand, Inc.
CSOD
$18M 3.37%
495,989
-76,011
-13% -$2.73M
VG
5
DELISTED
Vonage Holdings Corporation
VG
$17.9M 3.35%
1,753,220
-363,000
-17% -$4.03M
DBX icon
6
Dropbox
DBX
$7.76B
$14.7M 2.75%
762,900
-105,100
-12% -$2.19M
NOK icon
7
Nokia
NOK
$57.2B
$13.7M 2.57%
3,509,287
-923,163
-21% -$4.15M
CNDT icon
8
Conduent
CNDT
$267M
$11.4M 2.13%
3,584,953
+1,184,953
+49% +$3.51M
UA icon
9
Under Armour Class C
UA
$2.12B
$10.6M 1.97%
1,072,558
-67,442
-6% -$633K
TWLO icon
10
Twilio
TWLO
$36.5B
$10.5M 1.96%
42,512
-13,800
-25% -$3.4M
COOP
11
DELISTED
Mr. Cooper
COOP
$10.1M 1.89%
453,466
-203,738
-31% -$3.51M
CLDR
12
DELISTED
Cloudera, Inc.
CLDR
$10.1M 1.88%
925,000
+50,000
+6% +$580K
ACI icon
13
Albertsons Companies
ACI
$6.08B
$9.47M 1.77%
683,647
+398,647
+140% +$5.82M
VIRT icon
14
Virtu Financial
VIRT
$5.86B
$9.13M 1.71%
396,982
+93,730
+31% +$2.35M
ZUO
15
DELISTED
Zuora, Inc.
ZUO
$8.5M 1.59%
822,261
– –
HOUS
16
DELISTED
Anywhere Real Estate
HOUS
$8.19M 1.53%
867,916
-233,778
-21% -$2.25M
EPC icon
17
Edgewell Personal Care
EPC
$1.34B
$7.49M 1.4%
268,613
-111,475
-29% -$3.31M
NSP icon
18
Insperity
NSP
$2.04B
$7.3M 1.37%
111,524
-80,212
-42% -$5.35M
ADT icon
19
ADT
ADT
$5.51B
$7.08M 1.32%
+866,741
New +$8.44M
NEWR
20
DELISTED
New Relic, Inc.
NEWR
$6.85M 1.28%
121,563
+110,000
+951% +$6.72M
KLIC icon
21
Kulicke & Soffa
KLIC
$4.24B
$6.61M 1.24%
+295,218
New +$6.97M
LAUR icon
22
Laureate Education
LAUR
$5.34B
$6.52M 1.22%
490,890
+157,779
+47% +$1.9M
AMG icon
23
Affiliated Managers Group
AMG
$9.59B
$5.49M 1.03%
80,340
+10,340
+15% +$723K
SSNC icon
24
SS&C Technologies
SSNC
$19.6B
$5.46M 1.02%
90,200
– –
BHC icon
25
Bausch Health
BHC
$2.36B
$5.32M 1%
342,608
-277,392
-45% -$4.78M
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 Q3 2020 Portfolio in Review

As of Q3 2020, Formula Growth held 175 positions worth $535M, down 9.6% from $591M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Formula Growth withdrew a net $94.2M in Q3 2020, closing 27 positions and reducing 43 holdings. Its most notable exit was Owens Corning, an estimated $13.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 39% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Formula Growth opened a new position in ADT worth $7.08M.

  • Formula Growth's largest Q3 2020 buy was ADT: 866,741 shares worth $7.08M.
  • Formula Growth added most to Alibaba in Q3 2020, an estimated $14.5M increase.
  • Formula Growth's biggest Q3 2020 reduction was Evolent Health, cutting an estimated $17.3M.
  • Formula Growth fully exited Owens Corning in Q3 2020, selling an estimated $13.4M.
  • Formula Growth's ten largest holdings make up 32% of its $535M portfolio in Q3 2020.
  • Formula Growth opened 33 new positions and closed 27 in Q3 2020.
  • Formula Growth's portfolio value fell 9.6% quarter-over-quarter to $535M.

Based on Formula Growth's 13F filing for Q3 2020, filed 16 Nov 2020.