SEC 13F Intelligence

Managers / Q1 2022 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$530M
Q1 2022
Positions
140
Filings on Record
30
2019–present window
Filed
May 13, 2022
original filing

Summary

Formula Growth Ltd reported $530M in U.S.-listed holdings across 140 positions for Q1 2022.

Its largest position, UA, represents 2.6% of the portfolio.

Compared with Q4 2021, the fund opened 20 new positions and exited 18.

Portfolio Metrics

Turnover
+22.3%
vs prior filed quarter
Top-10 Concentration
+22.9%
share of reported value
Largest Position
+2.6%
Under Armour
New / Exited
20 / 18
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: 83.3%Other: 12.9%ADR: 2.9%ETP: 0.9%
  • Common Stock · 83.3% · $442M
  • Other · 12.9% · $68M
  • ADR · 2.9% · $16M
  • ETP · 0.9% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PYPLPAYPAL HOLDINGS INCNEW+80.0K80.0K+$9M$9M
NEWREURNEW RELIC INCNEW+133.0K133.0K+$9M$9M
KBHKB HOMENEW+225.0K225.0K+$7M$7M
PATHUIPATH INCNEW+325.0K325.0K+$7M$7M
SHOPSHOPIFY INCNEW+10.0K10.0K+$7M$7M
KRANESHARES TRNEW+2.4K2.4K+$7M$7M
OKTAOKTA INCNEW+43.5K43.5K+$7M$7M
URBNURBAN OUTFITTERS INCNEW+200.0K200.0K+$5M$5M

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

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UAUNDER ARMOUR INChistory →CL C2.64%$14M900.0K
2PAGSEGURO DIGITAL LTDCOM CL A2.64%$14M697.5K
3ZUOUSDZUORA INChistory →COM CL A2.60%$14M921.3K
4VIRTVIRTU FINL INChistory →CL A2.43%$13M346.4K
5RNGRINGCENTRAL INChistory →CL A2.34%$12M105.6K
6ZZILLOW GROUP INChistory →CL C CAP STK2.23%$12M240.3K
7REALOGY HLDGS CORPCOM2.22%$12M752.3K
8NOKNOKIA CORPhistory →SPONSORED ADR2.07%$11M2.01M
9IAA-WUSDIAA INChistory →COM1.87%$10M259.2K
10EVHEVOLENT HEALTH INChistory →CL A1.85%$10M304.3K
11PYPLPAYPAL HOLDINGS INChistory →COM1.75%$9M80.0K
12NEWREURNEW RELIC INChistory →COM1.68%$9M133.0K
13HWAYEURTIVITY HEALTH INChistory →COM1.65%$9M271.9K
14TWLOTWILIO INChistory →CL A1.63%$9M52.3K
15PARAMOUNT GLOBALCLASS B COM1.53%$8M214.0K
16HO1HOLOGIC INChistory →COM1.49%$8M103.0K
17STONECO LTDCOM CL A1.48%$8M671.1K
18KBHKB HOMEhistory →COM1.37%$7M225.0K
19ASGNEURASGN INChistory →COM1.37%$7M62.2K
20KIDSORTHOPEDIATRICS CORPhistory →COM1.33%$7M130.6K
21PATHUIPATH INChistory →CL A1.32%$7M325.0K
22TAPMOLSON COORS BEVERAGE COhistory →CL B1.30%$7M129.6K
23HCAHCA HEALTHCARE INChistory →COM1.28%$7M27.0K
24SHOPSHOPIFY INChistory →CL A1.28%$7M10.0K
25OKTAOKTA INChistory →CL A1.24%$7M43.5K
26SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.21%$6M85.2K
27LRNSTRIDE INChistory →COM1.20%$6M175.4K
28IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.13%$6M291.8K
29IMAIMAX CORPhistory →COM1.13%$6M316.7K
30PGNYPROGYNY INChistory →COM1.12%$6M115.9K
31RRRRED ROCK RESORTS INChistory →CL A1.07%$6M116.9K
32TNDMTANDEM DIABETES CARE INChistory →COM NEW1.07%$6M48.8K
33HEESEURH&E EQUIPMENT SERVICES INChistory →COM1.07%$6M129.8K
34SSTKSHUTTERSTOCK INChistory →COM1.05%$6M59.7K
35BBSIBARRETT BUSINESS SVCS INCCOM0.99%$5M67.8K
36RMNIRIMINI STR INC DELCOM0.95%$5M868.2K
37URBNURBAN OUTFITTERS INCCOM0.95%$5M200.0K
38ETF SER SOLUTIONSUS GLB JETS0.92%$5M244.9K
39PINSPINTEREST INCCL A0.91%$5M196.5K
40GU9GUESS INCCOM0.89%$5M215.9K
41INTCINTEL CORPCOM0.89%$5M95.0K
42ALBALBEMARLE CORPCOM0.88%$5M21.0K
43EPAMEPAM SYS INCCOM0.87%$5M15.5K
44TREMOR INTL LTDADS0.85%$5M297.0K
45WDWALKER & DUNLOP INCCOM0.84%$4M34.5K
468INSYNEOS HEALTH INCCL A0.84%$4M54.9K
47AMGAFFILIATED MANAGERS GROUP INCOM0.78%$4M29.5K
48WHWYNDHAM HOTELS & RESORTS INCCOM0.78%$4M49.0K
49CDNACAREDX INCCOM0.78%$4M111.6K

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 ↗.