SEC 13F Intelligence

Managers / Q4 2022 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$353M
Q4 2022
Positions
129
Filings on Record
30
2019–present window
Filed
Feb 13, 2023
original filing

Summary

Formula Growth Ltd reported $353M in U.S.-listed holdings across 129 positions for Q4 2022.

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

Compared with Q3 2022, the fund opened 23 new positions and exited 21.

Portfolio Metrics

Turnover
+24.6%
vs prior filed quarter
Top-10 Concentration
+20.7%
share of reported value
Largest Position
+2.6%
Evolent Health
New / Exited
23 / 21
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: 80.0%Other: 13.4%ETP: 4.7%ADR: 1.9%
  • Common Stock · 80.0% · $283M
  • Other · 13.4% · $47M
  • ETP · 4.7% · $17M
  • ADR · 1.9% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DBX ETF TRNEW+450.0K450.0K+$13M$13M
RLRALPH LAUREN CORPNEW+37.5K37.5K+$4M$4M
TEAM1EURATLASSIAN CORPORATIONNEW+30.0K30.0K+$4M$4M
SHLSSHOALS TECHNOLOGIES GROUP INNEW+138.0K138.0K+$3M$3M
GMEDGLOBUS MED INCNEW+45.6K45.6K+$3M$3M
SIXEURSIX FLAGS ENTMT CORP NEWNEW+137.0K137.0K+$3M$3M
INTCINTEL CORPNEW+106.0K106.0K+$3M$3M
SPOTIFY TECHNOLOGY S ANEW+35.0K35.0K+$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 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EVHEVOLENT HEALTH INChistory →CL A2.63%$9M330.8K
2PAGSEGURO DIGITAL LTDCOM CL A2.39%$8M965.3K
3NOWSERVICENOW INChistory →COM2.31%$8M21.0K
4UAUNDER ARMOUR INChistory →CL C2.02%$7M800.0K
5FIVEFIVE BELOW INChistory →COM1.94%$7M38.8K
6HEESEURH&E EQUIPMENT SERVICES INChistory →COM1.94%$7M150.8K
7ZZILLOW GROUP INChistory →CL C CAP STK1.92%$7M210.7K
8STONECO LTDCOM CL A1.84%$7M689.9K
9UBERUBER TECHNOLOGIES INChistory →COM1.83%$6M262.0K
10HCAHCA HEALTHCARE INChistory →COM1.83%$6M27.0K
11PYPLPAYPAL HLDGS INChistory →COM1.77%$6M88.0K
12ATECALPHATEC HLDGS INChistory →COM NEW1.49%$5M426.4K
13SHOPSHOPIFY INChistory →CL A1.47%$5M150.0K
14KIDSORTHOPEDIATRICS CORPhistory →COM1.47%$5M130.9K
15ANYWHERE REAL ESTATE INCCOM1.45%$5M803.6K
16DXLGDESTINATION XL GROUP INChistory →COM1.45%$5M759.4K
17OKTAOKTA INChistory →CL A1.45%$5M75.0K
18ACVAACV AUCTIONS INChistory →COM CL A1.42%$5M610.7K
19IAA-WUSDIAA INChistory →COM1.41%$5M124.8K
20RNGRINGCENTRAL INChistory →CL A1.35%$5M134.8K
21LKQ1LKQ CORPhistory →COM1.33%$5M88.0K
22HO1HOLOGIC INChistory →COM1.31%$5M61.8K
23SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.26%$4M85.2K
24IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.23%$4M178.8K
25CSGPCOSTAR GROUP INChistory →COM1.20%$4M55.0K
26NEWREURNEW RELIC INChistory →COM1.20%$4M75.0K
27MOMENTIVE GLOBAL INCCOM1.19%$4M600.0K
28BXCBLUELINX HOLDINGS INChistory →COM NEW1.18%$4M58.6K
29BRBRBELLRING BRANDS INChistory →COMMON STOCK1.15%$4M158.6K
30UUNITY SOFTWARE INChistory →COM1.13%$4M140.0K
31RLRALPH LAUREN CORPhistory →CL A1.12%$4M37.5K
32SAHSONIC AUTOMOTIVE INChistory →CL A1.12%$4M80.0K
33NOKNOKIA CORPhistory →SPONSORED ADR1.10%$4M840.0K
34TEAM1EURATLASSIAN CORPORATIONhistory →CL A1.09%$4M30.0K
35IMAIMAX CORPhistory →COM1.07%$4M257.8K
36MEIMETHODE ELECTRS INCCOM0.98%$3M77.9K
37ZUOUSDZUORA INCCOM CL A0.98%$3M542.3K
38FDXFEDEX CORPCOM0.97%$3M19.7K
39SHLSSHOALS TECHNOLOGIES GROUP INCL A0.96%$3M138.0K
40GMEDGLOBUS MED INCCL A0.96%$3M45.6K
41LRNSTRIDE INCCOM0.93%$3M105.0K
42WHWYNDHAM HOTELS & RESORTS INCCOM0.91%$3M44.8K
43PLAYDAVE & BUSTERS ENTMT INCCOM0.90%$3M90.0K
44SIXEURSIX FLAGS ENTMT CORP NEWCOM0.90%$3M137.0K
45PGNYPROGYNY INCCOM0.90%$3M101.7K
46FABRINETSHS0.89%$3M24.4K
47EAELECTRONIC ARTS INCCOM0.86%$3M25.0K
48CHRCHURCHILL DOWNS INCCOM0.85%$3M14.2K
49LIBERTY GLOBAL PLCSHS CL C0.81%$3M147.7K

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 ↗.