SEC 13F Intelligence

Managers / Q2 2024 · view latest →

FORMULA GROWTH LTD

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

Reported Value
$275M
Q2 2024
Positions
109
Filings on Record
30
2019–present window
Filed
Aug 13, 2024
original filing

Summary

Formula Growth Ltd reported $275M in U.S.-listed holdings across 109 positions for Q2 2024.

Its largest position, MU, represents 3.9% of the portfolio.

Compared with Q1 2024, the fund opened 17 new positions and exited 20.

Portfolio Metrics

Turnover
+18.4%
vs prior filed quarter
Top-10 Concentration
+26.1%
share of reported value
Largest Position
+3.9%
Micron Technology
New / Exited
17 / 20
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 90.3%Other: 8.5%ADR: 1.1%
  • Common Stock · 90.3% · $249M
  • Other · 8.5% · $24M
  • ADR · 1.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CROXCROCS INCNEW+60.6K60.6K+$9M$9M
CHWYCHEWY INCNEW+145.5K145.5K+$4M$4M
PRCTPROCEPT BIOROBOTICS CORPNEW+44.4K44.4K+$3M$3M
INARI MED INCNEW+54.4K54.4K+$3M$3M
RXSTRXSIGHT INCNEW+40.9K40.9K+$2M$2M
STRATASYS LTDNEW+230.0K230.0K+$2M$2M
UAAUNDER ARMOUR INCNEW+235.0K235.0K+$2M$2M
GPGICOMPOSECURE INCNEW+192.3K192.3K+$1M$1M

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

Holdings — Q2 2024

108 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MUMICRON TECHNOLOGY INChistory →COM3.94%$11M82.4K
2CROXCROCS INChistory →COM3.21%$9M60.6K
3PAGSEGURO DIGITAL LTDCOM CL A2.96%$8M695.9K
4UCTTULTRA CLEAN HLDGS INChistory →COM2.76%$8M155.1K
5SNOWSNOWFLAKE INChistory →CL A2.50%$7M51.0K
6WWAYFAIR INChistory →CL A2.36%$6M123.1K
7CECOCECO ENVIRONMENTAL CORPhistory →COM2.31%$6M220.6K
8SWIMLATHAM GROUP INChistory →COM2.16%$6M1.96M
9BBWBUILD-A-BEAR WORKSHOP INChistory →COM2.06%$6M224.2K
10LINDLINDBLAD EXPEDITIONS HLDGS Ihistory →COM1.84%$5M523.4K
11TNDMTANDEM DIABETES CARE INChistory →COM NEW1.82%$5M124.6K
12INFNEURINFINERA CORPhistory →COM1.77%$5M800.0K
13ARCBARCBEST CORPhistory →COM1.75%$5M45.1K
14BILLBILL HOLDINGS INChistory →COM1.70%$5M89.0K
15ACVAACV AUCTIONS INChistory →COM CL A1.70%$5M256.1K
16IRTCIRHYTHM TECHNOLOGIES INChistory →COM1.58%$4M40.4K
17RDNTRADNET INChistory →COM1.56%$4M72.7K
18PODDINSULET CORPhistory →COM1.53%$4M20.9K
19SL2SLEEP NUMBER CORPhistory →COM1.49%$4M427.7K
20CHWYCHEWY INChistory →CL A1.44%$4M145.5K
21CALXCALIX INChistory →COM1.42%$4M110.0K
22HCAHCA HEALTHCARE INChistory →COM1.40%$4M12.0K
23HO1HOLOGIC INChistory →COM1.30%$4M48.3K
24XPOXPO INChistory →COM1.29%$4M33.5K
25TEAM1EURATLASSIAN CORPORATIONhistory →CL A1.29%$4M20.0K
26TWLOTWILIO INChistory →CL A1.25%$3M60.7K
27UAUNDER ARMOUR INCCL C · CL A1.20%$3M500.0K
28EVHEVOLENT HEALTH INChistory →CL A1.19%$3M171.6K
29LAWCS DISCO INChistory →COM1.17%$3M540.0K
30NTRANATERA INChistory →COM1.16%$3M29.4K
31MRVLMARVELL TECHNOLOGY INChistory →COM1.15%$3M45.1K
32RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADS1.14%$3M27.0K
33UBERUBER TECHNOLOGIES INChistory →COM1.07%$3M40.5K
34ASANASANA INChistory →CL A1.07%$3M210.0K
35DC4DEXCOM INChistory →COM1.06%$3M25.7K
36SAHSONIC AUTOMOTIVE INChistory →CL A1.01%$3M50.8K
37PRCTPROCEPT BIOROBOTICS CORPCOM0.99%$3M44.4K
38SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.97%$3M42.5K
39XYLXYLEM INCCOM0.97%$3M19.6K
40INARI MED INCCOM0.95%$3M54.4K
41ATECALPHATEC HLDGS INCCOM NEW0.95%$3M249.0K
42LIBERTY GLOBAL LTDCOM CL C0.93%$3M142.7K
43CSGPCOSTAR GROUP INCCOM0.92%$3M34.0K
44KIDSORTHOPEDIATRICS CORPCOM0.89%$2M85.6K
45RXSTRXSIGHT INCCOM0.89%$2M40.9K
46LKQ1LKQ CORPCOM0.88%$2M58.3K
47CWSTCASELLA WASTE SYS INCCL A0.83%$2M23.1K
48UUNITY SOFTWARE INCCOM0.83%$2M140.0K
49FLRFLUOR CORP NEWCOM0.82%$2M51.7K
50PANWPALO ALTO NETWORKS INCCOM0.82%$2M6.6K
51IMXIINTERNATIONAL MNY EXPRESS INCOM0.79%$2M104.3K
52FABRINETSHS0.78%$2M8.8K
53CHRCHURCHILL DOWNS INCCOM0.78%$2M15.4K
54SUNNOVA ENERGY INTL INC.COM0.75%$2M371.5K
55VCELVERICEL CORPCOM0.75%$2M44.7K
56TTEKTETRA TECH INC NEWCOM0.71%$2M9.5K
57RLRALPH LAUREN CORPCL A0.70%$2M11.1K
58STRATASYS LTDSHS0.70%$2M230.0K
59BB4AXOS FINANCIAL INCCOM0.70%$2M33.6K
60GXOGXO LOGISTICS INCORPORATEDCOMMON STOCK0.70%$2M38.0K
61RNGRINGCENTRAL INCCL A0.69%$2M67.1K
62INSTRUCTURE HLDGS INCCOM0.68%$2M80.0K
63WIX COM LTDSHS0.68%$2M11.7K
64LEALEAR CORPCOM NEW0.64%$2M15.3K
65SIXEURSIX FLAGS ENTMT CORP NEWCOM0.63%$2M52.1K
66TRNSTRANSCAT INCCOM0.62%$2M14.3K
67UTIUNIVERSAL TECHNICAL INST INCCOM0.61%$2M106.7K
68EEFTEURONET WORLDWIDE INCCOM0.55%$2M14.5K
69COPA HOLDINGS SACL A0.54%$1M15.5K
70FUODOLBY LABORATORIES INCCOM CL A0.53%$1M18.5K
71WEXWEX INCCOM0.53%$1M8.2K
72NVEEUSDNV5 GLOBAL INCCOM0.52%$1M15.5K
73KEXKIRBY CORPCOM0.51%$1M11.7K
74PFMTUSDPERFORMANT FINL CORPCOM0.51%$1M480.0K
75HOMBHOME BANCSHARES INCCOM0.50%$1M56.9K
76LESLIES INCCOM0.49%$1M319.9K
77GPGICOMPOSECURE INCCOM CL A0.48%$1M192.3K
78JBHTHUNT J B TRANS SVCS INCCOM0.47%$1M8.0K
79KRUSKURA SUSHI USA INCCL A COM0.46%$1M20.2K
80RXORXO INCCOMMON STOCK0.43%$1M45.0K
81RUNSUNRUN INCCOM0.40%$1M92.0K
82XPOFXPONENTIAL FITNESS INCCOM CL A0.39%$1M69.5K
83IASINTEGRAL AD SCIENCE HLDNG COCOM0.39%$1M110.0K
84FCFSFIRSTCASH HOLDINGS INCCOM0.38%$1M10.0K
85EXFYEXPENSIFY INCCOM CL A0.38%$1M700.0K
86METAMETA PLATFORMS INCCL A0.37%$1M2.0K
87UTE0CANTALOUPE INCCOM0.36%$1M151.8K
88CIMPRESS PLCSHS EURO0.36%$989,99311.3K
89BLDRBUILDERS FIRSTSOURCE INCCOM0.35%$968,8707.0K
90RYANRYAN SPECIALTY HOLDINGS INCCL A0.34%$944,33816.3K
91BIRKENSTOCK HOLDING PLCCOM SHS0.30%$816,15015.0K
92SPIRSPIRE GLOBAL INCCOM CL A NEW0.28%$758,80070.0K
93BGCBGC GROUP INCCL A0.27%$753,46690.8K
94ASPNASPEN AEROGELS INCCOM0.26%$715,50030.0K
95BOWBOWHEAD SPECIALTY HLDGS INCCOM SHS0.23%$646,17025.5K
96CCL1EURCARNIVAL CORPUNIT 99/99/99990.23%$636,48034.0K
97IQVIQVIA HLDGS INCCOM0.23%$636,4343.0K
98T77LENDINGTREE INC NEWCOM0.23%$620,06514.9K
99BRBRBELLRING BRANDS INCCOMMON STOCK0.22%$609,05510.7K
100VCYTVERACYTE INCCOM0.21%$585,09027.0K

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 ↗.