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
+13.15%
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
$695M
AUM Growth
+$96.2M
Cap. Flow
+$52.8M
Cap. Flow %
7.59%
Top 10 Hldgs %
24.55%
Holding
183
New
45
Increased
15
Reduced
49
Closed
19
Avg Time Held Equity + Options
1.9 years
Top 10 Avg Time Held Equity + Options
0.8 years
Top 20 Avg Time Held Equity + Options
0.9 years
Avg Time Held Equity only
1.9 years
Top 10 Avg Time Held Equity only
0.8 years
Top 20 Avg Time Held Equity only
0.9 years

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$14.6M
2
MU icon
Micron Technology
MU
+$12.2M
3
ROOT icon
Root
ROOT
+$11.4M
4
PARA icon
Paramount Global Class B
PARA
+$10.7M
5
DDS icon
Dillards
DDS
+$10.4M

Top Sells

Rank Stock Value
1
THS icon
Treehouse Foods
THS
+$21.9M
2
ACI icon
Albertsons Companies
ACI
+$11.1M
3
EAT icon
Brinker International
EAT
+$10.4M
4
INTC icon
Intel
INTC
+$9.47M
5
NUAN
Nuance Communications, Inc.
NUAN
+$8.34M

Sector Composition

Rank Sector Weight
1 Technology 40.92%
2 Consumer Discretionary 15.31%
3 Healthcare 11.44%
4 Industrials 9.02%
5 Communication Services 7.58%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
NUAN
1
DELISTED
Nuance Communications, Inc.
NUAN
$21.6M 3.11%
494,970
-181,530
-27% -$8.34M
2016 Q3
18 quarters
CSOD
2
DELISTED
Cornerstone OnDemand, Inc.
CSOD
$19.9M 2.86%
456,332
-30,757
-6% -$1.42M
2020 Q1
4 quarters
VG icon
3
DELISTED
Vonage Holdings Corporation
VG
$19M 2.73%
1,606,045
-166,675
-9% -$2.17M
2016 Q2
19 quarters
DBX icon
4
Dropbox
DBX
$7.73B
$17.6M 2.53%
659,193
-162,807
-20% -$3.92M
2018 Q3
10 quarters
MU icon
5
Micron Technology
MU
$994B
$17.6M 2.53%
199,138
+144,138
+262% +$12.2M
2015 Q4
21 quarters
UA icon
6
Under Armour Class C
UA
$1.99B
$17.1M 2.47%
928,879
-186,121
-17% -$3.27M
2017 Q3
14 quarters
SPG icon
7
Simon Property Group
SPG
$66.5B
$15.9M 2.28%
+139,590
New +$14.6M
2021 Q1
0 quarters
BABA icon
8
Alibaba
BABA
$271B
$14.1M 2.03%
62,164
-2,907
-4% -$714K
2016 Q2
19 quarters
ZUO icon
9
DELISTED
Zuora, Inc.
ZUO
$14M 2.02%
947,275
-94,986
-9% -$1.42M
2018 Q4
9 quarters
VIRT icon
10
Virtu Financial
VIRT
$5.02B
$13.9M 2%
447,834
-69,148
-13% -$1.91M
2020 Q2
3 quarters
KLIC icon
11
Kulicke & Soffa
KLIC
$4.11B
$13.2M 1.9%
269,617
-159,700
-37% -$6.93M
2020 Q3
2 quarters
MLKN icon
12
MillerKnoll
MLKN
$1.45B
$13.1M 1.89%
319,400
-48,600
-13% -$1.86M
2020 Q3
2 quarters
DDS icon
13
Dillards
DDS
$10.4B
$12.4M 1.78%
+127,937
New +$10.4M
2021 Q1
0 quarters
TWLO icon
14
Twilio
TWLO
$37.5B
$11.7M 1.68%
34,279
+5,267
+18% +$1.97M
2017 Q2
15 quarters
CLDR
15
DELISTED
Cloudera, Inc.
CLDR
$10.6M 1.53%
874,245
-150,755
-15% -$2.25M
2020 Q2
3 quarters
NOK icon
16
Nokia
NOK
$51.2B
$10.6M 1.53%
2,686,623
-798,264
-23% -$3.33M
2019 Q1
8 quarters
HOUS icon
17
DELISTED
Anywhere Real Estate
HOUS
$10.3M 1.48%
681,697
-200,019
-23% -$3.18M
2016 Q3
18 quarters
CROX icon
18
Crocs
CROX
$5.9B
$9.66M 1.39%
+120,060
New +$9.15M
2021 Q1
0 quarters
SLQT icon
19
SelectQuote
SLQT
$58.1M
$9.11M 1.31%
+308,842
New +$8.1M
2021 Q1
0 quarters
DVN icon
20
Devon Energy
DVN
$55.8B
$8.85M 1.27%
+404,972
New +$8.33M
2021 Q1
0 quarters
ROOT icon
21
Root
ROOT
$782M
$8.61M 1.24%
+37,575
New +$11.4M
2021 Q1
0 quarters
EFOR icon
22
Everforth Inc
EFOR
$1.57B
$8.51M 1.22%
89,109
+54,066
+154% +$4.99M
2018 Q2
11 quarters
CNDT icon
23
Conduent
CNDT
$216M
$8.38M 1.2%
1,257,697
-1,301,193
-51% -$7.42M
2019 Q4
5 quarters
ADT icon
24
ADT
ADT
$5.02B
$8.32M 1.2%
986,356
-108,400
-10% -$939K
2020 Q3
2 quarters
LPSN icon
25
DELISTED
LivePerson
LPSN
$7.9M 1.14%
+9,991
New +$9.25M
2021 Q1
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 Q1 2021 Portfolio in Review

As of Q1 2021, Formula Growth held 183 positions worth $695M, up 16% from $599M the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Formula Growth deployed $52.8M of net new capital in Q1 2021, opening 45 new positions and adding to 15 existing holdings. Its largest new stake was Simon Property Group: 139,590 shares worth $15.9M.

By sector, the portfolio is most concentrated in Technology at 41% of assets, down from 42% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was Treehouse Foods, an estimated $21.9M trimmed.

  • Formula Growth's largest Q1 2021 buy was Simon Property Group: 139,590 shares worth $15.9M.
  • Formula Growth added most to Micron Technology in Q1 2021, an estimated $12.2M increase.
  • Formula Growth's biggest Q1 2021 reduction was Treehouse Foods, cutting an estimated $21.9M.
  • Formula Growth fully exited Brinker International in Q1 2021, selling an estimated $10.4M.
  • Formula Growth's ten largest holdings make up 25% of its $695M portfolio in Q1 2021.
  • Formula Growth opened 45 new positions and closed 19 in Q1 2021.
  • Formula Growth's portfolio value rose 16% quarter-over-quarter to $695M.

Based on Formula Growth's 13F filing for Q1 2021, filed 14 May 2021.