SEC 13F Intelligence

Managers / Q4 2019 · view latest →

FORMULA GROWTH LTD

CIK 0001093219 · 1010 SHERBROOKE ST W SUITE 2300, MONTREAL, A8, H3A 2R7 · 514-288-5136

Reported Value
$793M
Q4 2019
Positions
139
Filings on Record
30
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Formula Growth Ltd reported $793M in U.S.-listed holdings across 139 positions for Q4 2019.

Its largest position, UBER, represents 4.1% of the portfolio.

Compared with Q3 2019, the fund opened 17 new positions and exited 25.

Portfolio Metrics

Turnover
+18.8%
vs prior filed quarter
Top-10 Concentration
+30.5%
share of reported value
Largest Position
+4.1%
Uber Technologies
New / Exited
17 / 25
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $608MQ4 ’18Q1 ’19: $708MQ2 ’19: $700MQ3 ’19: $667MQ4 ’19: $793MQ4 ’19Q1 ’20: $522MQ2 ’20: $591MQ3 ’20: $535MQ4 ’20: $599MQ4 ’20Q1 ’21: $695MQ2 ’21: $725MQ3 ’21: $699MQ4 ’21: $563MQ4 ’21Q1 ’22: $530MQ2 ’22: $361MQ3 ’22: $350MQ4 ’22: $353MQ4 ’22Q1 ’23: $310MQ2 ’23: $314MQ3 ’23: $293MQ4 ’23: $312MQ4 ’23Q1 ’24: $313MQ2 ’24: $275MQ3 ’24: $291MQ4 ’24: $295MQ4 ’24Q1 ’25: $247MQ2 ’25: $265MQ3 ’25: $281MQ4 ’25: $260MQ4 ’25Q1 ’26: $222Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 82.3%ADR: 8.8%Other: 4.8%ETP: 3.2%Ltd Part: 0.9%
  • Common Stock · 82.3% · $652M
  • ADR · 8.8% · $70M
  • Other · 4.8% · $38M
  • ETP · 3.2% · $25M
  • Ltd Part · 0.9% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THSTREEHOUSE FOODS INCNEW+320.0K320.0K+$16M$16M
FXIISHARES TRNEW+296.0K296.0K+$13M$13M
ZENDESK INCNEW+150.0K150.0K+$11M$11M
PINSPINTEREST INCNEW+500.0K500.0K+$9M$9M
ALBALBEMARLE CORPNEW+96.8K96.8K+$7M$7M
DBX ETF TRNEW+230.0K230.0K+$7M$7M
CRNCCERENCE INCNEW+275.5K275.5K+$6M$6M
JOYYJOYY INCNEW+113.7K113.7K+$6M$6M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

136 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UBERUBER TECHNOLOGIES INChistory →COM4.05%$32M1.08M
2NUANCE COMMUNICATIONS INCCOM3.80%$30M1.69M
3OCOWENS CORNING NEWhistory →COM3.79%$30M461.3K
4UAUNDER ARMOUR INChistory →CL C3.24%$26M1.34M
5GDOTGREEN DOT CORPhistory →CL A2.89%$23M982.5K
6INSTRUCTURE INCCOM2.81%$22M461.6K
7DBXDROPBOX INChistory →CL A2.65%$21M1.17M
8BLDRBUILDERS FIRSTSOURCE INChistory →COM2.60%$21M809.6K
9MACQUARIE INFRASTRUCTURE CORCOM2.39%$19M443.0K
10CXCEMEX SAB DE CVhistory →SPON ADR NEW2.26%$18M4.74M
11EVHEVOLENT HEALTH INChistory →CL A2.18%$17M1.91M
12PAGSPAGSEGURO DIGITAL LTDhistory →COM CL A1.96%$16M454.7K
13THSTREEHOUSE FOODS INChistory →COM1.96%$16M320.0K
14NOKNOKIA CORPhistory →SPONSORED ADR1.95%$15M4.17M
15TWLOTWILIO INChistory →CL A1.90%$15M153.3K
16METAFACEBOOK INChistory →CL A1.81%$14M70.0K
17GMS INCCOM1.80%$14M526.7K
18VONAGE HLDGS CORPCOM1.73%$14M1.85M
19ZUORA INCCOM CL A1.73%$14M954.3K
20OPLNKAR AUCTION SVCS INChistory →COM1.72%$14M624.7K
21AALAMERICAN AIRLS GROUP INChistory →COM1.63%$13M450.0K
22LYFTLYFT INChistory →CL A COM1.55%$12M285.0K
23ZENDESK INCCOM1.45%$11M150.0K
24PLURALSIGHT INCCOM CL A1.37%$11M629.1K
25SPIRIT AIRLS INCCOM1.31%$10M256.8K
26INFINERA CORPORATIONCOM1.20%$10M1.20M
27PINSPINTEREST INChistory →CL A1.18%$9M500.0K
28MR COOPER GROUP INCCOM1.15%$9M729.5K
29CARSCARS COM INCCOM1.00%$8M648.2K
30PRIMO WTR CORPCOM1.00%$8M705.0K
31LIVENT CORPCOM0.99%$8M914.3K
32REALOGY HLDGS CORPCOM0.94%$7M765.7K
33FORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.91%$7M370.8K
34ALBALBEMARLE CORPCOM0.89%$7M96.8K
35EPCEDGEWELL PERS CARE COCOM0.88%$7M225.1K
36TPCTUTOR PERINI CORPCOM0.81%$6M500.0K
37CRNCCERENCE INCCOM0.79%$6M275.5K
38ENCANA CORPCOM0.77%$6M1.31M
39JOYYJOYY INCADS REPSTG COM A0.76%$6M113.7K
40SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.75%$6M96.2K
41NOBLE ENERGY INCCOM0.72%$6M230.0K
42XPOXPO LOGISTICS INCCOM0.70%$6M70.0K
43GDSGDS HLDGS LTDSPONSORED ADS0.68%$5M105.1K
44PWRQUANTA SVCS INCCOM0.67%$5M130.0K
45SPTSPROUT SOCIAL INCCOM CL A0.62%$5M308.4K
46JDJD COM INCSPON ADR CL A0.58%$5M131.2K
47RNGRINGCENTRAL INCCL A0.58%$5M27.1K
48HCAHCA HEALTHCARE INCCOM0.56%$4M30.0K
49CARROLS RESTAURANT GROUP INCCOM0.53%$4M595.0K
50CNDTCONDUENT INCCOM0.52%$4M665.0K
51NORBORD INCCOM NEW0.49%$4M145.0K
52EAELECTRONIC ARTS INCCOM0.49%$4M36.0K
53MOBLMOBILEIRON INCCOM NEW0.48%$4M777.8K
54VRRMVERRA MOBILITY CORPCOM0.48%$4M270.0K
55LKNCYLUCKIN COFFEE INCSPONSORED ADS0.47%$4M93.8K
56REZIRESIDEO TECHNOLOGIES INCCOM0.45%$4M300.0K
57LIBERTY GLOBAL PLCSHS CL C0.45%$4M162.7K
58BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.44%$4M16.6K
59CARAVIS BUDGET GROUP INCCOM0.43%$3M105.0K
60LUMBER LIQUIDATORS HLDGS INCCOM0.42%$3M340.0K
61LKQLKQ CORPCOM0.42%$3M93.0K
62CSGPCOSTAR GROUP INCCOM0.42%$3M5.5K
63MUMICRON TECHNOLOGY INCCOM0.41%$3M60.0K
64VIPSVIPSHOP HLDGS LTDSPONSORED ADS A0.40%$3M225.8K
65TDOCTELADOC HEALTH INCCOM0.40%$3M37.7K
66WEXWEX INCCOM0.39%$3M14.7K
67ARCH COAL INCCL A0.39%$3M42.9K
68MEIMETHODE ELECTRS INCCOM0.39%$3M77.9K
69NEONEOGENOMICS INCCOM NEW0.37%$3M100.0K
70EEFTEURONET WORLDWIDE INCCOM0.37%$3M18.5K
71PODDINSULET CORPCOM0.36%$3M16.6K
72TTEKTETRA TECH INC NEWCOM0.35%$3M32.0K
73SESEA LTDSPONSORED ADS0.34%$3M67.9K
74HMSYHMS HLDGS CORPCOM0.34%$3M91.1K
75RYAAYRYANAIR HLDGS PLCSPONSORED ADS0.33%$3M30.0K
76CARDIOVASCULAR SYS INC DELCOM0.30%$2M49.7K
77KORNIT DIGITAL LTDSHS0.30%$2M70.0K
78ASGN INCCOM0.30%$2M33.0K
79UPLAND SOFTWARE INCCOM0.27%$2M59.9K
80KIDSORTHOPEDIATRICS CORPCOM0.27%$2M45.0K
81VCYTVERACYTE INCCOM0.26%$2M75.0K
82AXAXOS FINL INCCOM0.26%$2M68.1K
83IAA INCCOM0.26%$2M43.7K
84KMPRKEMPER CORP DELCOM0.24%$2M24.3K
85CWSTCASELLA WASTE SYS INCCL A0.24%$2M40.5K
86SAHSONIC AUTOMOTIVE INCCL A0.23%$2M60.0K
87DLBDOLBY LABORATORIES INCCOM CL A0.23%$2M26.0K
88PANWPALO ALTO NETWORKS INCCOM0.22%$2M7.5K
89FISFIDELITY NATL INFORMATION SVCOM0.21%$2M12.1K
90CPACOPA HOLDINGS SACL A0.21%$2M15.5K
91SIENTRA INCCOM0.20%$2M180.0K
92FNFABRINETSHS0.20%$2M24.4K
93NTESNETEASE INCSPONSORED ADS0.20%$2M5.1K
94EXKEXACT SCIENCES CORPCOM0.19%$2M16.6K
95AXGNAXOGEN INCCOM0.19%$2M85.0K
96PETIQ INCCOM CL A0.19%$2M60.0K
97POINTS INTL LTDCOM NEW0.19%$2M98.4K
98WIFIBOINGO WIRELESS INCCOM0.19%$1M135.0K
99HOMBHOME BANCSHARES INCCOM0.19%$1M74.9K
100FIRSTCASH INCCOM0.18%$1M18.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$222M137May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$260M125Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$281M122Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$265M119Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$247M118May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$295M115Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$291M109Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$275M109Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$313M112May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$312M128Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$293M136Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$314M135Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$310M129May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$353M129Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$350M127Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$361M130Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$530M140May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$563M138Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$699M146Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$725M147Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$695M164May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$599M138Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$535M148Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$591M142Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$522M152May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$793M139Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$667M147Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$700M150Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$708M145May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$608M139Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.