SEC 13F Intelligence

Managers / Q1 2024 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$313M
Q1 2024
Positions
112
Filings on Record
30
2019–present window
Filed
May 14, 2024
original filing

Summary

Formula Growth Ltd reported $313M in U.S.-listed holdings across 112 positions for Q1 2024.

Its largest position, Pagseguro Digital, represents 2.9% of the portfolio.

Compared with Q4 2023, the fund opened 22 new positions and exited 38.

Portfolio Metrics

Turnover
+31.3%
vs prior filed quarter
Top-10 Concentration
+23.1%
share of reported value
Largest Position
+2.9%
Pagseguro Digital
New / Exited
22 / 38
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: 91.4%Other: 7.3%ADR: 1.3%
  • Common Stock · 91.4% · $286M
  • Other · 7.3% · $23M
  • ADR · 1.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UCTTULTRA CLEAN HLDGS INCNEW+161.6K161.6K+$7M$7M
MPWRMONOLITHIC PWR SYS INCNEW+9.8K9.8K+$7M$7M
MRVLMARVELL TECHNOLOGY INCNEW+90.5K90.5K+$6M$6M
SNOWSNOWFLAKE INCNEW+37.4K37.4K+$6M$6M
XPOFXPONENTIAL FITNESS INCNEW+247.6K247.6K+$4M$4M
CALXCALIX INCNEW+120.0K120.0K+$4M$4M
IRTCIRHYTHM TECHNOLOGIES INCNEW+32.0K32.0K+$4M$4M
ABBVABBVIE INCNEW+17.8K17.8K+$3M$3M

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

Holdings — Q1 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PAGSEGURO DIGITAL LTDCOM CL A2.85%$9M625.4K
2EVHEVOLENT HEALTH INChistory →CL A2.60%$8M248.0K
3PLAYDAVE & BUSTERS ENTMT INChistory →COM2.56%$8M128.2K
4UCTTULTRA CLEAN HLDGS INChistory →COM2.37%$7M161.6K
5SL2SLEEP NUMBER CORPhistory →COM2.23%$7M436.1K
6SWIMLATHAM GROUP INChistory →COM2.21%$7M1.75M
7MPWRMONOLITHIC PWR SYS INChistory →COM2.13%$7M9.8K
8MUMICRON TECHNOLOGY INChistory →COM2.12%$7M56.2K
9MRVLMARVELL TECHNOLOGY INChistory →COM2.05%$6M90.5K
10BBWBUILD-A-BEAR WORKSHOP INChistory →COM1.95%$6M204.5K
11INFNEURINFINERA CORPhistory →COM1.95%$6M1.01M
12SNOWSNOWFLAKE INChistory →CL A1.93%$6M37.4K
13ARCBARCBEST CORPhistory →COM1.76%$6M38.7K
14ACVAACV AUCTIONS INChistory →COM CL A1.68%$5M279.3K
15HCAHCA HEALTHCARE INChistory →COM1.65%$5M15.5K
16LINDLINDBLAD EXPEDITIONS HLDGS Ihistory →COM1.56%$5M523.4K
17CECOCECO ENVIRONMENTAL CORPhistory →COM1.46%$5M198.1K
18UUNITY SOFTWARE INChistory →COM1.45%$5M170.0K
19TNDMTANDEM DIABETES CARE INChistory →COM NEW1.40%$4M123.7K
20UAUNDER ARMOUR INChistory →CL C1.37%$4M600.0K
21CSGPCOSTAR GROUP INChistory →COM1.36%$4M44.0K
22RDNTRADNET INChistory →COM1.31%$4M84.5K
23XPOFXPONENTIAL FITNESS INChistory →COM CL A1.31%$4M247.6K
24XPOXPO INChistory →COM1.31%$4M33.5K
25LAWCS DISCO INChistory →COM1.30%$4M500.0K
26CALXCALIX INChistory →COM1.27%$4M120.0K
27HO1HOLOGIC INChistory →COM1.27%$4M50.8K
28HEESEURH & E EQUIPMENT SERVICES INChistory →COM1.26%$4M61.7K
29RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADS1.25%$4M27.0K
30ASANASANA INChistory →CL A1.21%$4M245.0K
31SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM1.20%$4M58.6K
32IRTCIRHYTHM TECHNOLOGIES INChistory →COM1.19%$4M32.0K
33UBERUBER TECHNOLOGIES INChistory →COM1.17%$4M47.5K
34PODDINSULET CORPhistory →COM1.16%$4M21.1K
35ATECALPHATEC HLDGS INChistory →COM NEW1.14%$4M258.9K
36TMCITREACE MED CONCEPTS INChistory →COM1.12%$3M268.1K
37LKQ1LKQ CORPhistory →COM1.08%$3M63.3K
38WEXWEX INChistory →COM1.08%$3M14.2K
39NTRANATERA INChistory →COM1.07%$3M36.7K
40PGNYPROGYNY INChistory →COM1.07%$3M87.6K
41SAHSONIC AUTOMOTIVE INChistory →CL A1.05%$3M57.8K
42ABBVABBVIE INChistory →COM1.04%$3M17.8K
43TWLOTWILIO INCCL A0.99%$3M50.7K
44BILLBILL HOLDINGS INCCOM0.99%$3M45.0K
45KIDSORTHOPEDIATRICS CORPCOM0.94%$3M100.6K
46DC4DEXCOM INCCOM0.93%$3M21.1K
47LESLIES INCCOM0.84%$3M405.3K
48IMXIINTERNATIONAL MNY EXPRESS INCOM0.83%$3M114.3K
49LIBERTY GLOBAL LTDCOM CL C0.83%$3M147.7K
50XYLXYLEM INCCOM0.81%$3M19.6K

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 ↗.