SEC 13F Intelligence

Managers / Q1 2021 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$695M
Q1 2021
Positions
164
Filings on Record
30
2019–present window
Filed
May 14, 2021
original filing

Summary

Formula Growth Ltd reported $695M in U.S.-listed holdings across 164 positions for Q1 2021.

Its largest position, NUANEUR, represents 3.1% of the portfolio.

Compared with Q4 2020, the fund opened 46 new positions and exited 20.

Portfolio Metrics

Turnover
+23.9%
vs prior filed quarter
Top-10 Concentration
+24.5%
share of reported value
Largest Position
+3.1%
Nuance Communications
New / Exited
46 / 20
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: 83.8%Other: 7.5%ADR: 6.0%REIT: 2.3%ETP: 0.4%
  • Common Stock · 83.8% · $583M
  • Other · 7.5% · $52M
  • ADR · 6.0% · $41M
  • REIT · 2.3% · $16M
  • ETP · 0.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPGSIMON PPTY GROUP INC NEWNEW+139.6K139.6K+$16M$16M
DDSDILLARDS INCNEW+127.9K127.9K+$12M$12M
CROXCROCS INCNEW+120.1K120.1K+$10M$10M
SLQTSELECTQUOTE INCNEW+308.8K308.8K+$9M$9M
DVNDEVON ENERGY CORP NEWNEW+405.0K405.0K+$9M$9M
ROOTGBPROOT INCNEW+676.3K676.3K+$9M$9M
LPSNUSDLIVEPERSON INCNEW+149.9K149.9K+$8M$8M
VIACOMCBS INCNEW+175.0K175.0K+$8M$8M

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

Holdings — Q1 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NUANEURNUANCE COMMUNICATIONS INChistory →COM3.11%$22M495.0K
2CSODCORNERSTONE ONDEMAND INChistory →COM2.86%$20M456.3K
3VG1EURVONAGE HLDGS CORPhistory →COM2.73%$19M1.61M
4DBXDROPBOX INChistory →CL A2.53%$18M659.2K
5MUMICRON TECHNOLOGY INChistory →COM2.53%$18M199.1K
6UAUNDER ARMOUR INChistory →CL C2.47%$17M928.9K
7SPGSIMON PPTY GROUP INC NEWhistory →COM2.28%$16M139.6K
8BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.03%$14M62.2K
9ZUOUSDZUORA INChistory →COM CL A2.02%$14M947.3K
10VIRTVIRTU FINL INChistory →CL A2.00%$14M447.8K
11KLICKULICKE & SOFFA INDS INChistory →COM1.90%$13M269.6K
12MLKNMILLER HERMAN INChistory →COM1.89%$13M319.4K
13DDSDILLARDS INChistory →CL A1.78%$12M127.9K
14TWLOTWILIO INChistory →CL A1.68%$12M34.3K
15CLDRCLOUDERA INChistory →COM1.53%$11M874.2K
16NOKNOKIA CORPhistory →SPONSORED ADR1.53%$11M2.69M
17REALOGY HLDGS CORPCOM1.48%$10M681.7K
18CROXCROCS INChistory →COM1.39%$10M120.1K
19SLQTSELECTQUOTE INChistory →COM1.31%$9M308.8K
20DVNDEVON ENERGY CORP NEWhistory →COM1.27%$9M405.0K
21ROOTGBPROOT INChistory →COM CL A1.24%$9M676.3K
22ASGNEURASGN INChistory →COM1.22%$9M89.1K
23CNDTCONDUENT INChistory →COM1.20%$8M1.26M
24ADTADT INC DELhistory →COM1.20%$8M986.4K
25LPSNUSDLIVEPERSON INChistory →COM1.14%$8M149.9K
26VIACOMCBS INCCL B1.14%$8M175.0K
27RNGRINGCENTRAL INChistory →CL A1.07%$7M25.1K
28THSTREEHOUSE FOODS INCCOM0.96%$7M128.0K
29DFINDONNELLEY FINL SOLUTIONS INCCOM0.96%$7M240.1K
30VACMARRIOTT VACTINS WORLDWID COCOM0.95%$7M37.9K
31RMNIRIMINI STR INC DELCOM0.88%$6M682.6K
32EVHEVOLENT HEALTH INCCL A0.86%$6M295.0K
33SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.86%$6M85.2K
34NEWREURNEW RELIC INCCOM0.85%$6M95.6K
35ASPIRATIONAL CONSUMER LIFESTCOM0.84%$6M581.7K
36TNDMTANDEM DIABETES CARE INCCOM NEW0.82%$6M65.0K
37PDPAGERDUTY INCCOM0.82%$6M140.9K
38HO1HOLOGIC INCCOM0.81%$6M75.7K
39XPOXPO LOGISTICS INCCOM0.80%$6M45.0K
40HWAYEURTIVITY HEALTH INCCOM0.79%$6M246.6K
41KIDSORTHOPEDIATRICS CORPCOM0.79%$5M112.0K
42PAE INCCOM CL A0.75%$5M580.7K
43LRNSTRIDE INCCOM0.74%$5M170.9K
44HCAHCA HEALTHCARE INCCOM0.73%$5M27.0K
45BBIOBRIDGEBIO PHARMA INCCOM0.71%$5M80.1K
46PAYSAFE LIMITEDORD0.69%$5M355.0K
47AMGAFFILIATED MANAGERS GROUP INCOM0.66%$5M31.0K
48CSGPCOSTAR GROUP INCCOM0.65%$5M5.5K
49IMXIINTERNATIONAL MNY EXPRESS INCOM0.65%$5M300.6K
50ZEN1EURZENDESK INCCOM0.64%$4M33.6K

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 ↗.