SEC 13F Intelligence

Managers / Q4 2020 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$599M
Q4 2020
Positions
138
Filings on Record
30
2019–present window
Filed
Feb 12, 2021
original filing

Summary

Formula Growth Ltd reported $599M in U.S.-listed holdings across 138 positions for Q4 2020.

Its largest position, NUANEUR, represents 5.0% of the portfolio.

Compared with Q3 2020, the fund opened 18 new positions and exited 28.

Portfolio Metrics

Turnover
+20.6%
vs prior filed quarter
Top-10 Concentration
+32.0%
share of reported value
Largest Position
+5.0%
Nuance Communications
New / Exited
18 / 28
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: 86.9%ADR: 7.9%Other: 5.3%
  • Common Stock · 86.9% · $520M
  • ADR · 7.9% · $47M
  • Other · 5.3% · $31M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EATBRINKER INTL INCNEW+183.0K183.0K+$10M$10M
INTCINTEL CORPNEW+190.0K190.0K+$9M$9M
8INSYNEOS HEALTH INCNEW+118.1K118.1K+$8M$8M
HIIHUNTINGTON INGALLS INDS INCNEW+45.0K45.0K+$8M$8M
FOLEY TRASIMENE ACQUISITIONNEW+475.0K475.0K+$7M$7M
AVOMISSION PRODUCE INCNEW+300.3K300.3K+$5M$5M
BOXBOX INCNEW+250.0K250.0K+$5M$5M
BBBYEURBED BATH & BEYOND INCNEW+220.0K220.0K+$4M$4M

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

Holdings — Q4 2020

138 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NUANEURNUANCE COMMUNICATIONS INChistory →COM4.98%$30M676.5K
2THSTREEHOUSE FOODS INChistory →COM4.20%$25M591.4K
3VG1EURVONAGE HLDGS CORPhistory →COM3.81%$23M1.77M
4CSODCORNERSTONE ONDEMAND INChistory →COM3.58%$21M487.1K
5DBXDROPBOX INChistory →CL A3.05%$18M822.0K
6UAUNDER ARMOUR INChistory →CL C2.77%$17M1.11M
7BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.53%$15M65.1K
8ZUOUSDZUORA INChistory →COM CL A2.42%$15M1.04M
9CLDRCLOUDERA INChistory →COM2.38%$14M1.02M
10KLICKULICKE & SOFFA INDS INChistory →COM2.28%$14M429.3K
11NOKNOKIA CORPhistory →SPONSORED ADR2.28%$14M3.48M
12ACIALBERTSONS COS INChistory →COMMON STOCK2.20%$13M748.9K
13VIRTVIRTU FINL INChistory →CL A2.17%$13M517.0K
14MLKNMILLER HERMAN INChistory →COM2.08%$12M368.0K
15CNDTCONDUENT INChistory →COM2.05%$12M2.56M
16REALOGY HLDGS CORPCOM1.93%$12M881.7K
17EATBRINKER INTL INChistory →COM1.73%$10M183.0K
18TWLOTWILIO INChistory →CL A1.64%$10M29.0K
19INTCINTEL CORPhistory →COM1.58%$9M190.0K
20ADTADT INC DELhistory →COM1.43%$9M1.09M
218INSYNEOS HEALTH INChistory →CL A1.34%$8M118.1K
22HIIHUNTINGTON INGALLS INDS INChistory →COM1.28%$8M45.0K
23NEWREURNEW RELIC INChistory →COM1.20%$7M110.2K
24FOLEY TRASIMENE ACQUISITIONCOM CL A1.20%$7M475.0K
25SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.10%$7M90.2K
26RNGRINGCENTRAL INChistory →CL A1.08%$6M17.1K
27XPOXPO LOGISTICS INCCOM0.90%$5M45.0K
28CASA1EURCASA SYS INCCOM0.87%$5M849.0K
29CSGPCOSTAR GROUP INCCOM0.85%$5M5.5K
30IMXIINTERNATIONAL MNY EXPRESS INCOM0.82%$5M315.0K
31EAELECTRONIC ARTS INCCOM0.82%$5M34.0K
32AVOMISSION PRODUCE INCCOM0.75%$5M300.3K
33BOXBOX INCCL A0.75%$5M250.0K
34HCAHCA HEALTHCARE INCCOM0.74%$4M27.0K
35NEONEOGENOMICS INCCOM NEW0.72%$4M80.0K
36MUMICRON TECHNOLOGY INCCOM0.69%$4M55.0K
37EPCEDGEWELL PERS CARE COCOM0.69%$4M119.3K
38BBBYEURBED BATH & BEYOND INCCOM0.65%$4M220.0K
39LRNSTRIDE INCCOM0.64%$4M180.0K
40MGNIMAGNITE INCCOM0.64%$4M124.4K
41DBDEURDIEBOLD NXDF INCCOM0.63%$4M355.9K
42AMGAFFILIATED MANAGERS GROUP INCOM0.63%$4M37.0K
43LIBERTY GLOBAL PLCSHS CL C0.58%$3M147.7K
44TTEKTETRA TECH INC NEWCOM0.58%$3M30.0K
45WEXWEX INCCOM0.57%$3M16.7K
46BCORUSDBLUCORA INCCOM0.56%$3M210.7K
47PODDINSULET CORPCOM0.56%$3M13.1K
48RYAAYRYANAIR HOLDINGS PLCSPONSORED ADS0.55%$3M30.0K
49WIX COM LTDSHS0.52%$3M12.5K
50LKQ1LKQ CORPCOM0.52%$3M88.0K
51GDSGDS HLDGS LTDSPONSORED ADS0.52%$3M33.0K
52SAHSONIC AUTOMOTIVE INCCL A0.52%$3M80.0K
53MEIMETHODE ELECTRS INCCOM0.50%$3M77.9K
54HMSYHMS HLDGS CORPCOM0.50%$3M81.1K
55PRGPROG HOLDINGS INCCOM NPV0.49%$3M55.0K
56JDJD.COM INCSPON ADR CL A0.49%$3M33.5K
57KORNIT DIGITAL LTDSHS0.49%$3M33.0K
58ASGNEURASGN INCCOM0.49%$3M35.0K
59SPLKCHFSPLUNK INCCOM0.48%$3M17.0K
60VCYTVERACYTE INCCOM0.47%$3M57.0K
61THE PROVIDENCE SERVICE CORPCOM0.46%$3M20.0K
62BIDUNBAIDU INCSPON ADR REP A0.46%$3M12.8K
63PANWPALO ALTO NETWORKS INCCOM0.44%$3M7.5K
64ZEN1EURZENDESK INCCOM0.44%$3M18.4K
65PAGSEGURO DIGITAL LTDCOM CL A0.44%$3M46.1K
66CAESARSTONE LTDORD SHS0.43%$3M200.7K
67SESEA LTDSPONSORED ADS0.43%$3M13.0K
68CDNACAREDX INCCOM0.43%$3M35.5K
69EXKEXACT SCIENCES CORPCOM0.41%$2M18.6K
70EEFTEURONET WORLDWIDE INCCOM0.40%$2M16.5K
71NVEEUSDNV5 GLOBAL INCCOM0.39%$2M30.0K
72PETQEURPETIQ INCCOM CL A0.39%$2M60.0K
73IVCUSDINVACARE CORPCOM0.37%$2M250.0K
74WTRHUSDWAITR HL1A131DGS INCCOM0.37%$2M800.0K
75IAA-WUSDIAA INCCOM0.37%$2M34.2K
76AYXEURALTERYX INCCOM CL A0.37%$2M18.0K
77METAFACEBOOK INCCL A0.36%$2M8.0K
78EVHEVOLENT HEALTH INCCL A0.36%$2M135.0K
79INFNEURINFINERA CORPCOM0.35%$2M200.0K
80CWSTCASELLA WASTE SYS INCCL A0.35%$2M33.5K
81FUODOLBY LABORATORIES INCCOM CL A0.33%$2M20.5K
82FABRINETSHS0.32%$2M24.4K
83AHCOADAPTHEALTH CORPCOM CL A0.31%$2M50.0K
84UPLDEURUPLAND SOFTWARE INCCOM0.31%$2M40.9K
85KIDSORTHOPEDIATRICS CORPCOM0.31%$2M45.0K
86STRASTRATEGIC ED INCCOM0.30%$2M18.7K
87UBERUBER TECHNOLOGIES INCCOM0.30%$2M35.0K
88AMSCAMERICAN SUPERCONDUCTOR CORPSHS NEW0.29%$2M75.0K
89ARCH1USDARCH RESOURCES INCCL A0.29%$2M40.0K
90STAASTAAR SURGICAL COCOM PAR $0.010.29%$2M22.0K
91CSIIEURCARDIOVASCULAR SYS INC DELCOM0.29%$2M39.7K
92FISFIDELITY NATL INFORMATION SVCOM0.29%$2M12.1K
93OPLNKAR AUCTION SVCS INCCOM0.28%$2M91.1K
94TDOCTELADOC HEALTH INCCOM0.28%$2M8.4K
95CERSCERUS CORPCOM0.28%$2M242.3K
96NIONIO INCSPON ADS0.28%$2M34.4K
97USA TECHNOLOGIES INCCOM0.27%$2M154.8K
98CMRCBIGCOMMERCE HLDGS INCCOM SER 10.27%$2M25.0K
99LPROOPEN LENDING CORPCOM CL A0.26%$2M45.0K
100BOOTBOOT BARN HLDGS INCCOM0.26%$2M36.0K

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 ↗.