SEC 13F Intelligence

Managers / Q4 2021 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$563M
Q4 2021
Positions
138
Filings on Record
30
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Formula Growth Ltd reported $563M in U.S.-listed holdings across 138 positions for Q4 2021.

Its largest position, RNG, represents 3.3% of the portfolio.

Compared with Q3 2021, the fund opened 12 new positions and exited 19.

Portfolio Metrics

Turnover
+13.5%
vs prior filed quarter
Top-10 Concentration
+25.9%
share of reported value
Largest Position
+3.3%
Ringcentral
New / Exited
12 / 19
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: 80.1%Other: 12.2%ADR: 3.4%REIT: 3.2%ETP: 1.1%
  • Common Stock · 80.1% · $451M
  • Other · 12.2% · $69M
  • ADR · 3.4% · $19M
  • REIT · 3.2% · $18M
  • ETP · 1.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZZILLOW GROUP INCNEW+172.2K172.2K+$11M$11M
STONECO LTDNEW+536.0K536.0K+$9M$9M
TDCTERADATA CORP DELNEW+150.0K150.0K+$6M$6M
US GLOBAL JETS ETFNEW+300.0K300.0K+$6M$6M
HEESEURH&E EQUIPMENT SERVICES INCNEW+88.7K88.7K+$4M$4M
IMAIMAX CORPNEW+213.7K213.7K+$4M$4M
KFYKORN FERRYNEW+50.0K50.0K+$4M$4M
BXCBLUELINX HOLDINGS INCNEW+28.0K28.0K+$3M$3M

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

Holdings — Q4 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RNGRINGCENTRAL INChistory →CL A3.27%$18M98.4K
2SPGSIMON PPTY GROUP INC NEWhistory →COM3.21%$18M113.1K
3ZEN1EURZENDESK INChistory →COM2.96%$17M159.8K
4TWLOTWILIO INChistory →CL A2.78%$16M59.4K
5UAUNDER ARMOUR INChistory →CL C2.59%$15M807.5K
6PAGSEGURO DIGITAL LTDCOM CL A2.41%$14M517.2K
7ZUOUSDZUORA INChistory →COM CL A2.36%$13M710.6K
8REALOGY HLDGS CORPCOM2.32%$13M776.9K
9VIACOMCBS INCCL B2.04%$12M381.2K
10ZZILLOW GROUP INChistory →CL C CAP STK1.95%$11M172.2K
11DBXDROPBOX INChistory →CL A1.85%$10M423.4K
12VIRTVIRTU FINL INChistory →CL A1.84%$10M360.2K
13NOKNOKIA CORPhistory →SPONSORED ADR1.80%$10M1.62M
14PDPAGERDUTY INChistory →COM1.79%$10M290.0K
15ASGNEURASGN INChistory →COM1.68%$9M76.7K
16EVHEVOLENT HEALTH INChistory →CL A1.63%$9M330.9K
17STONECO LTDCOM CL A1.61%$9M536.0K
188INSYNEOS HEALTH INChistory →CL A1.52%$9M83.5K
19PINSPINTEREST INChistory →CL A1.45%$8M224.6K
20HO1HOLOGIC INChistory →COM1.43%$8M105.1K
21KIDSORTHOPEDIATRICS CORPhistory →COM1.41%$8M132.6K
22TNDMTANDEM DIABETES CARE INChistory →COM NEW1.40%$8M52.4K
23HWAYEURTIVITY HEALTH INChistory →COM1.31%$7M278.0K
24SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.24%$7M85.2K
25HCAHCA HEALTHCARE INChistory →COM1.23%$7M27.0K
26SSTKSHUTTERSTOCK INChistory →COM1.20%$7M61.0K
27TDCTERADATA CORP DELhistory →COM1.13%$6M150.0K
28US GLOBAL JETS ETFETP1.12%$6M300.0K
29TAPMOLSON COORS BEVERAGE COhistory →CL B1.10%$6M134.2K
30LRNSTRIDE INChistory →COM1.08%$6M180.5K
31PRGPROG HOLDINGS INChistory →COM NPV1.06%$6M132.4K
32PGNYPROGYNY INChistory →COM1.06%$6M118.1K
33SWCHFSIERRA WIRELESS INCCOM0.95%$5M305.0K
34LKQ1LKQ CORPCOM0.94%$5M88.0K
35CDNACAREDX INCCOM0.92%$5M113.8K
36DKNG1USDDRAFTKINGS INCCOM CL A0.89%$5M182.4K
37AMGAFFILIATED MANAGERS GROUP INCOM0.88%$5M30.2K
38BBSIBARRETT BUSINESS SVCS INCCOM0.86%$5M70.0K
39IMXIINTERNATIONAL MNY EXPRESS INCOM0.84%$5M295.8K
40TREMOR INTL LTDADS0.82%$5M303.3K
41TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.78%$4M36.6K
42RRRRED ROCK RESORTS INCCL A0.78%$4M79.8K
43CSGPCOSTAR GROUP INCCOM0.77%$4M55.0K
44MUMICRON TECHNOLOGY INCCOM0.77%$4M46.3K
45RMNIRIMINI STR INC DELCOM0.76%$4M720.6K
46LIBERTY GLOBAL PLCSHS CL C0.74%$4M147.7K
47GXOGXO LOGISTICS INCORPORATEDCOMMON STOCK0.73%$4M45.0K
48KORNIT DIGITAL LTDSHS0.72%$4M26.8K
49WHEELS UP EXPERIENCE INCCOM CL A0.70%$4M854.0K
50EAELECTRONIC ARTS INCCOM0.70%$4M30.0K

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 ↗.