SEC 13F Intelligence

Managers / Q2 2020 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$591M
Q2 2020
Positions
142
Filings on Record
30
2019–present window
Filed
Aug 13, 2020
original filing

Summary

Formula Growth Ltd reported $591M in U.S.-listed holdings across 142 positions for Q2 2020.

Its largest position, NUANEUR, represents 6.4% of the portfolio.

Compared with Q1 2020, the fund opened 30 new positions and exited 40.

Portfolio Metrics

Turnover
+25.7%
vs prior filed quarter
Top-10 Concentration
+34.3%
share of reported value
Largest Position
+6.4%
Nuance Communications
New / Exited
30 / 40
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: 82.5%ADR: 9.0%Other: 7.7%Ltd Part: 0.8%
  • Common Stock · 82.5% · $487M
  • ADR · 9.0% · $53M
  • Other · 7.7% · $45M
  • Ltd Part · 0.8% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BHCBAUSCH HEALTH COS INCNEW+620.0K620.0K+$11M$11M
CLDRCLOUDERA INCNEW+875.0K875.0K+$11M$11M
ALLYALLY FINL INCNEW+450.0K450.0K+$9M$9M
VIRTVIRTU FINL INCNEW+303.3K303.3K+$7M$7M
AMGAFFILIATED MANAGERS GROUP INNEW+70.0K70.0K+$5M$5M
ACIALBERTSONS COS INCNEW+285.0K285.0K+$4M$4M
MIC2USDMACQUARIE INFRASTRUCTURE CORNEW+145.7K145.7K+$4M$4M
ORION ENGINEERED CARBONS S ANEW+410.6K410.6K+$4M$4M

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

Holdings — Q2 2020

142 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NUANEURNUANCE COMMUNICATIONS INChistory →COM6.36%$38M1.49M
2THSTREEHOUSE FOODS INChistory →COM5.40%$32M729.1K
3CSODCORNERSTONE ONDEMAND INChistory →COM3.73%$22M572.0K
4VG1EURVONAGE HLDGS CORPhistory →COM3.60%$21M2.12M
5NOKNOKIA CORPhistory →SPONSORED ADR3.30%$20M4.43M
6DBXDROPBOX INChistory →CL A3.20%$19M868.0K
7PAGSEGURO DIGITAL LTDCOM CL A2.30%$14M384.2K
8OCOWENS CORNING NEWhistory →COM2.26%$13M239.8K
9NSPINSPERITY INChistory →COM2.10%$12M191.7K
10TWLOTWILIO INChistory →CL A2.09%$12M56.3K
11PINSPINTEREST INChistory →CL A2.01%$12M537.0K
12EPCEDGEWELL PERS CARE COhistory →COM2.00%$12M380.1K
13EVHEVOLENT HEALTH INChistory →CL A1.93%$11M1.60M
14BHCBAUSCH HEALTH COS INChistory →COM1.92%$11M620.0K
15CLDRCLOUDERA INChistory →COM1.88%$11M875.0K
16ZUOUSDZUORA INChistory →COM CL A1.77%$10M822.3K
17UAUNDER ARMOUR INChistory →CL C1.70%$10M1.14M
18VIPSVIPSHOP HOLDINGS LIMITEDhistory →SPONSORED ADS A1.61%$10M478.4K
19ALLYALLY FINL INChistory →COM1.51%$9M450.0K
20MR COOPER GROUP INCCOM1.38%$8M657.2K
21REALOGY HLDGS CORPCOM1.38%$8M1.10M
22VIRTVIRTU FINL INChistory →CL A1.21%$7M303.3K
23CEMEX SAB DE CVSPON ADR NEW1.01%$6M2.08M
24CNDTCONDUENT INCCOM0.97%$6M2.40M
25BLDRBUILDERS FIRSTSOURCE INCCOM0.92%$5M261.7K
26BB4AXOS FINANCIAL INCCOM0.91%$5M242.4K
27INFNEURINFINERA CORPCOM0.90%$5M900.0K
28AMGAFFILIATED MANAGERS GROUP INCOM0.88%$5M70.0K
29MOBILEIRON INCCOM NEW0.88%$5M1.05M
30SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.86%$5M90.2K
31CASA1EURCASA SYS INCCOM0.84%$5M1.20M
32RNGRINGCENTRAL INCCL A0.82%$5M17.1K
33FTAIEURFORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.81%$5M369.4K
34EAELECTRONIC ARTS INCCOM0.80%$5M36.0K
35XPOXPO LOGISTICS INCCOM0.78%$5M60.0K
36BNFTEURBENEFITFOCUS INCCOM0.77%$5M425.0K
37DBDEURDIEBOLD NXDF INCCOM0.77%$5M748.4K
38ACIALBERTSONS COS INCCOMMON STOCK0.76%$4M285.0K
39MIC2USDMACQUARIE INFRASTRUCTURE CORCOM0.76%$4M145.7K
40ZEN1EURZENDESK INCCOM0.75%$4M50.0K
41GDSGDS HLDGS LTDSPONSORED ADS0.74%$4M54.7K
42ORION ENGINEERED CARBONS S ACOM0.74%$4M410.6K
43WCCWESCO INTL INCCOM0.71%$4M120.0K
44EGHT8X8 INC NEWCOM0.68%$4M250.0K
45CSGPCOSTAR GROUP INCCOM0.66%$4M5.5K
46SRISTONERIDGE INCCOM0.61%$4M175.0K
47LIBERTY GLOBAL PLCSHS CL C0.59%$4M162.7K
48DYDYCOM INDS INCCOM0.59%$3M85.5K
49OPLNKAR AUCTION SVCS INCCOM0.59%$3M251.7K
50KOPKOPPERS HOLDINGS INCCOM0.57%$3M179.0K
51LAURLAUREATE EDUCATION INCCL A0.56%$3M333.1K
52WIX COM LTDSHS0.54%$3M12.5K
53CARSCARS COM INCCOM0.54%$3M555.0K
54MUMICRON TECHNOLOGY INCCOM0.52%$3M60.0K
55BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.50%$3M13.8K
56HMSYHMS HLDGS CORPCOM0.50%$3M91.1K
57NEONEOGENOMICS INCCOM NEW0.50%$3M95.0K
58HCAHCA HEALTHCARE INCCOM0.49%$3M30.0K
59PODDINSULET CORPCOM0.48%$3M14.6K
60KNLKNOLL INCCOM NEW0.47%$3M230.0K
61WEXWEX INCCOM0.47%$3M16.7K
62PDDPINDUODUO INCSPONSORED ADS0.45%$3M30.8K
63KORNIT DIGITAL LTDSHS0.43%$3M48.0K
64SAHSONIC AUTOMOTIVE INCCL A0.43%$3M80.0K
65IRDMIRIDIUM COMMUNICATIONS INCCOM0.43%$3M100.0K
66TTEKTETRA TECH INC NEWCOM0.43%$3M32.0K
67JDJD.COM INCSPON ADR CL A0.42%$2M41.0K
68LKQ1LKQ CORPCOM0.41%$2M93.0K
69MEIMETHODE ELECTRS INCCOM0.41%$2M77.9K
70ASGNEURASGN INCCOM0.40%$2M35.0K
71TDOCTELADOC HEALTH INCCOM0.39%$2M12.1K
72SESEA LTDSPONSORED ADS0.38%$2M20.7K
73KEXKIRBY CORPCOM0.37%$2M41.0K
74LIMELIGHT NETWORKS INCCOM0.35%$2M285.0K
75PETQEURPETIQ INCCOM CL A0.35%$2M60.0K
76UPLDEURUPLAND SOFTWARE INCCOM0.35%$2M59.9K
77METAFACEBOOK INCCL A0.35%$2M9.0K
78RYAAYRYANAIR HOLDINGS PLCSPONSORED ADS0.34%$2M30.0K
79KIDSORTHOPEDIATRICS CORPCOM0.33%$2M45.0K
80VCYTVERACYTE INCCOM0.33%$2M75.0K
81EEFTEURONET WORLDWIDE INCCOM0.30%$2M18.5K
82CWSTCASELLA WASTE SYS INCCL A0.30%$2M33.5K
83CERSCERUS CORPCOM0.29%$2M262.3K
84PANWPALO ALTO NETWORKS INCCOM0.29%$2M7.5K
85FUODOLBY LABORATORIES INCCOM CL A0.29%$2M26.0K
86IAA-WUSDIAA INCCOM0.29%$2M43.7K
87FISFIDELITY NATL INFORMATION SVCOM0.27%$2M12.1K
88GDOTGREEN DOT CORPCL A0.27%$2M32.7K
89UI2KEMPER CORP DELCOM0.27%$2M21.8K
90TRHCEURTABULA RASA HEALTHCARE INCCOM0.26%$2M28.0K
91FABRINETSHS0.26%$2M24.4K
92STAASTAAR SURGICAL COCOM PAR $0.010.25%$1M24.0K
93NTESNETEASE INCSPONSORED ADS0.25%$1M3.4K
94OLLIOLLIES BARGAIN OUTLET HLDGSCOM0.25%$1M15.0K
95EXKEXACT SCIENCES CORPCOM0.24%$1M16.6K
96TNDMTANDEM DIABETES CARE INCCOM NEW0.24%$1M14.5K
97PLURALSIGHT INCCOM CL A0.24%$1M79.1K
98UBERUBER TECHNOLOGIES INCCOM0.24%$1M45.0K
99NVEEUSDNV5 GLOBAL INCCOM0.22%$1M25.0K
100CSIIEURCARDIOVASCULAR SYS INC DELCOM0.21%$1M39.7K

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 ↗.