SEC 13F Intelligence

Managers / Q1 2020 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$522M
Q1 2020
Positions
152
Filings on Record
30
2019–present window
Filed
May 14, 2020
original filing

Summary

Formula Growth Ltd reported $522M in U.S.-listed holdings across 152 positions for Q1 2020.

Its largest position, THS, represents 6.2% of the portfolio.

Compared with Q4 2019, the fund opened 36 new positions and exited 23.

Portfolio Metrics

Turnover
+19.8%
vs prior filed quarter
Top-10 Concentration
+33.7%
share of reported value
Largest Position
+6.2%
Treehouse Foods
New / Exited
36 / 23
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. 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: 85.8%ADR: 7.9%Other: 5.6%Ltd Part: 0.6%
  • Common Stock · 85.8% · $448M
  • ADR · 7.9% · $41M
  • Other · 5.6% · $29M
  • Ltd Part · 0.6% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CSODCORNERSTONE ONDEMAND INCNEW+400.0K400.0K+$13M$13M
NSPINSPERITY INCNEW+297.4K297.4K+$11M$11M
TOLTOLL BROTHERS INCNEW+567.6K567.6K+$11M$11M
AWNADVANCE AUTO PARTS INCNEW+83.8K83.8K+$8M$8M
VOYAVOYA FINANCIAL INCNEW+170.0K170.0K+$7M$7M
IBTXUSDINDEPENDENT BK GROUP INCNEW+193.0K193.0K+$5M$5M
KHCKRAFT HEINZ CONEW+175.0K175.0K+$4M$4M
NEWREURNEW RELIC INCNEW+91.0K91.0K+$4M$4M

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

Holdings — Q1 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1THSTREEHOUSE FOODS INChistory →COM6.20%$32M732.6K
2NUANEURNUANCE COMMUNICATIONS INChistory →COM4.94%$26M1.54M
3OCOWENS CORNING NEWhistory →COM3.98%$21M534.8K
4DBXDROPBOX INChistory →CL A3.24%$17M933.8K
5EPCEDGEWELL PERS CARE COhistory →COM2.78%$15M602.8K
6PAGSEGURO DIGITAL LTDCOM CL A2.67%$14M719.2K
7NOKNOKIA CORPhistory →SPONSORED ADR2.63%$14M4.43M
8VG1EURVONAGE HLDGS CORPhistory →COM2.57%$13M1.86M
9CSODCORNERSTONE ONDEMAND INChistory →COM2.43%$13M400.0K
10METAFACEBOOK INChistory →CL A2.22%$12M69.5K
11NSPINSPERITY INChistory →COM2.13%$11M297.4K
12TOLTOLL BROTHERS INChistory →COM2.09%$11M567.6K
13CEMEX SAB DE CVSPON ADR NEW2.04%$11M5.02M
14BLDRBUILDERS FIRSTSOURCE INChistory →COM2.01%$10M856.7K
15GDOTGREEN DOT CORPhistory →CL A2.00%$10M410.0K
16UBERUBER TECHNOLOGIES INChistory →COM1.87%$10M349.1K
17EVHEVOLENT HEALTH INChistory →CL A1.76%$9M1.69M
18UAUNDER ARMOUR INChistory →CL C1.76%$9M1.14M
19GMS1EURGMS INChistory →COM1.75%$9M580.7K
20TWLOTWILIO INChistory →CL A1.69%$9M98.3K
21PINSPINTEREST INChistory →CL A1.59%$8M537.0K
22AWNADVANCE AUTO PARTS INChistory →COM1.50%$8M83.8K
23OPLNKAR AUCTION SVCS INChistory →COM1.43%$7M623.2K
24KEXKIRBY CORPhistory →COM1.42%$7M171.0K
25VOYAVOYA FINANCIAL INChistory →COM1.32%$7M170.0K
26BB4AXOS FINL INChistory →COM1.10%$6M317.4K
27MR COOPER GROUP INCCOM1.09%$6M777.2K
28ZUOUSDZUORA INChistory →COM CL A1.09%$6M704.3K
29INFNEURINFINERA CORPORATIONhistory →COM1.02%$5M1.00M
30RNGRINGCENTRAL INCCL A0.96%$5M23.6K
31IBTXUSDINDEPENDENT BK GROUP INCCOM0.88%$5M193.0K
32ZEN1EURZENDESK INCCOM0.86%$4M70.0K
33KHCKRAFT HEINZ COCOM0.83%$4M175.0K
34NEWREURNEW RELIC INCCOM0.81%$4M91.0K
35HA7HARSCO CORPCOM0.80%$4M600.0K
36SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.76%$4M90.2K
37PWRQUANTA SVCS INCCOM0.75%$4M123.9K
38TDOCTELADOC HEALTH INCCOM0.74%$4M24.9K
39EAELECTRONIC ARTS INCCOM0.69%$4M36.0K
40WW6WW INTL INCCOM0.68%$4M210.0K
41CASA1EURCASA SYS INCCOM0.67%$4M1.00M
42BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.66%$3M17.6K
43REALOGY HLDGS CORPCOM0.65%$3M1.13M
44SRCLEURSTERICYCLE INCCOM0.64%$3M68.3K
45CSGPCOSTAR GROUP INCCOM0.62%$3M5.5K
46LYFTLYFT INCCL A COM0.62%$3M119.6K
47CARSCARS COM INCCOM0.58%$3M705.0K
48MGAMAGNA INTL INCCOM0.58%$3M95.0K
49FTAIEURFORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.58%$3M369.4K
50XPOXPO LOGISTICS INCCOM0.56%$3M60.0K

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 ↗.