FORMULA GROWTH LTD — 13F Holdings & Portfolio
CIK 1093219 · latest 13F-HR filed 2026-05-14
FORMULA GROWTH LTD manages $221.6M in 13F-reported U.S. long-equity assets across 137 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MU (3.20%), SWIM (3.04%), SSYS (2.82%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 35 new positions, exited 23, added to 26, and trimmed 66.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$221.6M
Long-equity book
137
Distinct positions
2026-03-31
Filed 2026-05-14
+35 / −23 / ↑26 / ↓66
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- FOX FACTORY HLDG CORP$2.2M +93.0%
- NOKIA CORP$2.0M +114.6%
- LULULEMON ATHLETICA INC$1.8M +145.6%
- XPO INC$1.3M +43.1%
- CALIX INC$1.3M +251.7%
Top Trims
- LINDBLAD EXPEDITIONS HLDGS I-$4.9M -83.5%
- ATLASSIAN CORPORATION-$3.8M -75.6%
- RANPAK HOLDINGS CORP-$2.9M -53.7%
- CS DISCO INC-$2.8M -47.5%
- BILL HOLDINGS INC-$2.3M -44.6%
New Positions
- MODINE MFG CO$3.2M
- KLAVIYO INC$2.9M
- EQUIPMENTSHARE COM INC$2.8M
- FORGENT POWER SOLUTIONS INC$2.4M
- MONGODB INC$2.2M
Exited Positions
- CAPRI HOLDINGS LIMITED$4.0M
- MONDAY COM LTD$3.0M
- NATERA INC$2.5M
- CLEARWATER ANALYTICS HLDGS I$2.1M
- THE TRADE DESK INC$1.9M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MICRON TECHNOLOGY INC | MU | 595112103 | $7.1M | 3.20% | 21,000 | SH |
| 2 | LATHAM GROUP INC | SWIM | 51819L107 | $6.7M | 3.04% | 1,255,082 | SH |
| 3 | STRATASYS LTD | SSYS | M85548101 | $6.2M | 2.82% | 800,000 | SH |
| 4 | FOX FACTORY HLDG CORP | FOXF | 35138V102 | $4.6M | 2.07% | 279,206 | SH |
| 5 | JAMES HARDIE INDS PLC | JHX | G4253H101 | $4.5M | 2.02% | 236,840 | SH |
| 6 | XPO INC | XPO | 983793100 | $4.5M | 2.02% | 23,000 | SH |
| 7 | ALIGNMENT HEALTHCARE INC | ALHC | 01625V104 | $4.2M | 1.90% | 239,208 | SH |
| 8 | COMPASS INC | COMP | 20464U100 | $4.1M | 1.87% | 567,300 | SH |
| 9 | NOKIA CORP | NOK | 654902204 | $3.8M | 1.72% | 475,000 | SH |
| 10 | CECO ENVIRONMENTAL CORP | CECO | 125141101 | $3.7M | 1.68% | 62,344 | SH |
| 11 | RYANAIR HOLDINGS PLC | RYAAY | 783513203 | $3.6M | 1.63% | 62,388 | SH |
| 12 | FABRINET | FN | G3323L100 | $3.3M | 1.51% | 6,400 | SH |
| 13 | ORION GROUP HLDGS INC | ORN | 68628V308 | $3.2M | 1.46% | 297,696 | SH |
| 14 | MODINE MFG CO | MOD | 607828100 | $3.2M | 1.44% | 14,700 | SH |
| 15 | UNITED THERAPEUTICS CORP DEL | UTHR | 91307C102 | $3.2M | 1.43% | 5,356 | SH |
| 16 | LULULEMON ATHLETICA INC | LULU | 550021109 | $3.1M | 1.38% | 20,000 | SH |
| 17 | CS DISCO INC | LAW | 126327105 | $3.1M | 1.38% | 800,000 | SH |
| 18 | BRIGHTSPRING HEALTH SVCS INC | BTSG | 10950A106 | $3.0M | 1.34% | 69,678 | SH |
| 19 | KLAVIYO INC | KVYO | 49845K101 | $2.9M | 1.32% | 150,000 | SH |
| 20 | COVISTA INC | CVSA | 00737L103 | $2.9M | 1.32% | 25,304 | SH |
| 21 | HEALTHEQUITY INC | HQY | 42226A107 | $2.9M | 1.30% | 34,552 | SH |
| 22 | BILL HOLDINGS INC | BILL | 090043100 | $2.9M | 1.30% | 75,000 | SH |
| 23 | UNITY SOFTWARE INC | U | 91332U101 | $2.9M | 1.29% | 130,000 | SH |
| 24 | EQUIPMENTSHARE COM INC | EQPT | 29445S100 | $2.8M | 1.26% | 136,950 | SH |
| 25 | RB GLOBAL INC | RBA | 74935Q107 | $2.7M | 1.20% | 27,708 | SH |
| 26 | AXOS FINANCIAL INC | AX | 05465C100 | $2.6M | 1.18% | 30,624 | SH |
| 27 | INSULET CORP | PODD | 45784P101 | $2.5M | 1.14% | 12,029 | SH |
| 28 | RANPAK HOLDINGS CORP | PACK | 75321W103 | $2.5M | 1.12% | 694,527 | SH |
| 29 | SONIC AUTOMOTIVE INC | SAH | 83545G102 | $2.5M | 1.11% | 35,800 | SH |
| 30 | FORGENT POWER SOLUTIONS INC | FPS | 34631F102 | $2.4M | 1.09% | 82,852 | SH |
| 31 | HCA HEALTHCARE INC | HCA | 40412C101 | $2.4M | 1.07% | 5,000 | SH |
| 32 | SS&C TECH HLDGS | SSNC | 78467J100 | $2.3M | 1.06% | 34,725 | SH |
| 33 | UNDER ARMOUR INC | UA | 904311206 | $2.3M | 1.05% | 400,000 | SH |
| 34 | AAR CORP | AIR | 000361105 | $2.3M | 1.04% | 20,974 | SH |
| 35 | NEXTPOWER INC | NXT | 65290E101 | $2.2M | 1.01% | 18,603 | SH |
| 36 | TUTOR PERINI CORP | TPC | 901109108 | $2.2M | 1.01% | 28,962 | SH |
| 37 | MONGODB INC | MDB | 60937P106 | $2.2M | 0.99% | 9,000 | SH |
| 38 | ARLO TECHNOLOGIES INC | ARLO | 04206A101 | $2.0M | 0.90% | 140,000 | SH |
| 39 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $1.9M | 0.86% | 26,500 | SH |
| 40 | FIRSTCASH HOLDINGS INC | FCFS | 33768G107 | $1.9M | 0.85% | 10,000 | SH |
| 41 | CALIX INC | CALX | 13100M509 | $1.9M | 0.84% | 38,000 | SH |
| 42 | NAVAN INC | NAVN | 639193101 | $1.9M | 0.84% | 140,000 | SH |
| 43 | ARCBEST CORP | ARCB | 03937C105 | $1.9M | 0.84% | 18,838 | SH |
| 44 | LAUREATE ED INC | LAUR | 518613203 | $1.9M | 0.84% | 53,177 | SH |
| 45 | RH | RH | 74967X103 | $1.8M | 0.82% | 13,000 | SH |
| 46 | INSPERITY INC | NSP | 45778Q107 | $1.8M | 0.81% | 66,700 | SH |
| 47 | MAYVILLE ENGR CO INC | MEC | 578605107 | $1.8M | 0.81% | 100,000 | SH |
| 48 | GXO LOGISTICS INCORPORATED | GXO | 36262G101 | $1.8M | 0.80% | 34,000 | SH |
| 49 | COPA HOLDINGS SA | CPA | P31076105 | $1.8M | 0.79% | 15,500 | SH |
| 50 | PALO ALTO NETWORKS INC | PANW | 697435105 | $1.8M | 0.79% | 10,946 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $221.6M | 137 | 0001011438-26-000309 |
| 2025-12-31 | 2026-02-13 | $259.5M | 125 | 0001011438-26-000104 |
| 2025-09-30 | 2025-11-13 | $281.1M | 122 | 0001011438-25-000530 |