SEC 13F Intelligence

Managers / Q2 2023 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$314M
Q2 2023
Positions
135
Filings on Record
30
2019–present window
Filed
Aug 11, 2023
original filing

Summary

Formula Growth Ltd reported $314M in U.S.-listed holdings across 135 positions for Q2 2023.

Its largest position, EVH, represents 2.9% of the portfolio.

Compared with Q1 2023, the fund opened 28 new positions and exited 22.

Portfolio Metrics

Turnover
+24.1%
vs prior filed quarter
Top-10 Concentration
+22.8%
share of reported value
Largest Position
+2.9%
Evolent Health
New / Exited
28 / 22
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: 82.6%Other: 11.9%ADR: 3.2%REIT: 1.6%ETP: 0.7%
  • Common Stock · 82.6% · $259M
  • Other · 11.9% · $37M
  • ADR · 3.2% · $10M
  • REIT · 1.6% · $5M
  • ETP · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CECOCECO ENVIRONMENTAL CORPNEW+310.1K310.1K+$4M$4M
PRVAPRIVIA HEALTH GROUP INCNEW+115.7K115.7K+$3M$3M
ARCBARCBEST CORPNEW+27.6K27.6K+$3M$3M
LNTHLANTHEUS HLDGS INCNEW+32.5K32.5K+$3M$3M
T77LENDINGTREE INC NEWNEW+118.6K118.6K+$3M$3M
ASANASANA INCNEW+110.0K110.0K+$2M$2M
EXREXTRA SPACE STORAGE INCNEW+15.2K15.2K+$2M$2M
WW6WW INTL INCNEW+297.5K297.5K+$2M$2M

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EVHEVOLENT HEALTH INChistory →CL A2.89%$9M299.5K
2PAGSEGURO DIGITAL LTDCOM CL A2.80%$9M930.3K
3UUNITY SOFTWARE INChistory →COM2.70%$8M195.0K
4NEWREURNEW RELIC INChistory →COM2.29%$7M110.0K
5HCAHCA HEALTHCARE INChistory →COM2.22%$7M23.0K
6ACVAACV AUCTIONS INChistory →COM CL A2.20%$7M399.4K
7BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.12%$7M79.9K
8OKTAOKTA INChistory →CL A1.99%$6M90.0K
9SIXEURSIX FLAGS ENTMT CORP NEWhistory →COM1.81%$6M218.9K
10KIDSORTHOPEDIATRICS CORPhistory →COM1.76%$6M126.3K
11MRVLMARVELL TECHNOLOGY INChistory →COM1.63%$5M85.5K
12UAUNDER ARMOUR INChistory →CL C1.56%$5M732.0K
13SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.54%$5M79.9K
14HO1HOLOGIC INChistory →COM1.48%$5M57.5K
15INTCINTEL CORPhistory →COM1.48%$5M139.0K
16ATECALPHATEC HLDGS INChistory →COM NEW1.48%$5M257.9K
17LKQ1LKQ CORPhistory →COM1.43%$4M77.0K
18PGNYPROGYNY INChistory →COM1.40%$4M111.6K
19PINSPINTEREST INChistory →CL A1.35%$4M155.0K
20MUMICRON TECHNOLOGY INChistory →COM1.34%$4M66.7K
21PYPLPAYPAL HLDGS INChistory →COM1.34%$4M62.8K
22CECOCECO ENVIRONMENTAL CORPhistory →COM1.32%$4M310.1K
23CSGPCOSTAR GROUP INChistory →COM1.25%$4M44.0K
24EASTERLY GOVT PPTYS INCCOM1.24%$4M268.5K
25SWIMLATHAM GROUP INChistory →COM1.20%$4M1.02M
26HEESEURH & E EQUIPMENT SERVICES INChistory →COM1.18%$4M81.1K
27IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.15%$4M147.5K
28PLAYDAVE & BUSTERS ENTMT INChistory →COM1.11%$3M78.3K
29IMAIMAX CORPhistory →COM1.10%$3M203.6K
30NEONEOGENOMICS INChistory →COM NEW1.08%$3M210.7K
31SAHSONIC AUTOMOTIVE INChistory →CL A1.06%$3M70.0K
32TWLOTWILIO INChistory →CL A1.05%$3M51.7K
33UBERUBER TECHNOLOGIES INCCOM0.97%$3M70.5K
34WEXWEX INCCOM0.97%$3M16.7K
35PRVAPRIVIA HEALTH GROUP INCCOM0.96%$3M115.7K
36TMCITREACE MED CONCEPTS INCCOM0.96%$3M117.8K
37RYAAYRYANAIR HOLDINGS PLCSPONSORED ADS0.95%$3M27.0K
38PANWPALO ALTO NETWORKS INCCOM0.92%$3M11.3K
39EAELECTRONIC ARTS INCCOM0.91%$3M22.1K
40RNGRINGCENTRAL INCCL A0.91%$3M87.1K
41FISFIDELITY NATL INFORMATION SVCOM0.90%$3M51.9K
42GXOGXO LOGISTICS INCORPORATEDCOMMON STOCK0.90%$3M45.0K
43ANYWHERE REAL ESTATE INCCOM0.87%$3M409.7K
44ARCBARCBEST CORPCOM0.87%$3M27.6K
45LNTHLANTHEUS HLDGS INCCOM0.87%$3M32.5K
46NTRANATERA INCCOM0.86%$3M55.2K
47XPOXPO INCCOM0.85%$3M45.0K
48LIBERTY GLOBAL PLCSHS CL C0.84%$3M147.7K
49FABRINETSHS0.84%$3M20.2K
50T77LENDINGTREE INC NEWCOM0.83%$3M118.6K

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 ↗.