Formula Growth Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Formula Growth Ltd disclosed 118 US equity positions worth $246.6m in its Q1 2025 13F filing. The largest position was SWIM at 3.0% of the reported book, followed by SSYS and UA. Against the Q4 2024 filing, it opened 7 new positions, added to 13 and reduced 25 among the top 50 holdings.
What did Formula Growth Ltd own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SWIM LATHAM GROUP INC | Industrials | 3.0% | $7.4m | 1,147,339 | -5% | reduced |
| 2 | SSYS STRATASYS LTD | Technology | 2.5% | $6.2m | 630,000 | -17% | reduced |
| 3 | UA UNDER ARMOUR INC | Consumer Cyclical | 2.4% | $6.0m | 1,000,000 | 0% | held |
| 4 | BILL BILL HOLDINGS INC | Technology | 2.3% | $5.7m | 125,000 | 172% | added |
| 5 | W WAYFAIR INC | Consumer Cyclical | 2.1% | $5.3m | 164,711 | 14% | added |
| 6 | TEAM ATLASSIAN CORPORATION | Technology | 2.1% | $5.2m | 24,500 | – | new |
| 7 | TTD THE TRADE DESK INC | Communication Services | 2.0% | $5.0m | 91,000 | – | new |
| 8 | PODD INSULET CORP | Healthcare | 2.0% | $4.8m | 18,459 | -9% | reduced |
| 9 | PAGS PAGSEGURO DIGITAL LTD | Technology | 1.9% | $4.7m | 621,987 | -12% | reduced |
| 10 | DXCM DEXCOM INC | Healthcare | 1.6% | $4.0m | 58,353 | 21% | added |
| 11 | GENI GENIUS SPORTS LIMITED | Communication Services | 1.5% | $3.7m | 372,109 | -1% | reduced |
| 12 | LIND LINDBLAD EXPEDITIONS HLDGS I | Consumer Cyclical | 1.5% | $3.6m | 390,775 | 0% | held |
| 13 | RH RH | Consumer Cyclical | 1.4% | $3.5m | 15,100 | – | new |
| 14 | ARCB ARCBEST CORP | Industrials | 1.4% | $3.5m | 49,647 | 20% | added |
| 15 | CVSA ADTALEM GLOBAL ED INC | Consumer Defensive | 1.4% | $3.5m | 34,517 | -1% | reduced |
| 16 | ORN ORION GROUP HLDGS INC | Industrials | 1.4% | $3.4m | 654,830 | -1% | reduced |
| 17 | MU MICRON TECHNOLOGY INC | Technology | 1.3% | $3.3m | 38,000 | 0% | held |
| 18 | LAW CS DISCO INC | 1.3% | $3.3m | 800,000 | 7% | added | |
| 19 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 1.3% | $3.2m | 42,173 | -24% | reduced |
| 20 | U UNITY SOFTWARE INC | Technology | 1.3% | $3.2m | 165,000 | -8% | reduced |
| 21 | RBA RB GLOBAL INC | Industrials | 1.3% | $3.2m | 31,806 | -1% | reduced |
| 22 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 1.3% | $3.1m | 37,675 | -5% | reduced |
| 23 | UTI UNIVERSAL TECHNICAL INST INC | Consumer Defensive | 1.3% | $3.1m | 121,624 | -12% | reduced |
| 24 | CECO CECO ENVIRONMENTAL CORP | Industrials | 1.3% | $3.1m | 136,524 | -2% | reduced |
| 25 | CCL CARNIVAL CORP | Consumer Cyclical | 1.2% | $3.1m | 157,800 | 12% | added |
| 26 | EXFY EXPENSIFY INC | Technology | 1.2% | $3.0m | 1,000,000 | 5% | added |
| 27 | MMSI MERIT MED SYS INC | Healthcare | 1.2% | $3.0m | 28,461 | -12% | reduced |
| 28 | ASAN ASANA INC | Technology | 1.2% | $2.9m | 200,000 | 33% | added |
| 29 | PHR PHREESIA INC | Healthcare | 1.2% | $2.8m | 111,271 | – | new |
| 30 | XPO XPO INC | Industrials | 1.1% | $2.8m | 26,000 | -13% | reduced |
| 31 | RDNT RADNET INC | Healthcare | 1.1% | $2.8m | 56,047 | -1% | reduced |
| 32 | CPRI CAPRI HOLDINGS LIMITED | Consumer Cyclical | 1.1% | $2.8m | 140,384 | -28% | reduced |
| 33 | XPOF XPONENTIAL FITNESS INC | Consumer Cyclical | 1.1% | $2.7m | 329,287 | 8% | added |
| 34 | CSGP COSTAR GROUP INC | Real Estate | 1.1% | $2.7m | 34,000 | 0% | held |
| 35 | PLMR PALOMAR HLDGS INC | Financial Services | 1.1% | $2.7m | 19,609 | 66% | added |
| 36 | HQY HEALTHEQUITY INC | Healthcare | 1.1% | $2.7m | 30,000 | – | new |
| 37 | RYAAY RYANAIR HOLDINGS PLC | Industrials | 1.1% | $2.6m | 62,388 | -7% | reduced |
| 38 | CDNA CAREDX INC | Healthcare | 1.1% | $2.6m | 148,209 | 90% | added |
| 39 | TWLO TWILIO INC | Technology | 1.1% | $2.6m | 26,688 | 8% | added |
| 40 | UTHR UNITED THERAPEUTICS CORP DEL | Healthcare | 1.0% | $2.6m | 8,383 | – | new |
| 41 | CALX CALIX INC | Technology | 1.0% | $2.5m | 70,000 | -55% | reduced |
| 42 | ALHC ALIGNMENT HEALTHCARE INC | Healthcare | 1.0% | $2.4m | 130,000 | – | new |
| 43 | HCA HCA HEALTHCARE INC | Healthcare | 1.0% | $2.4m | 7,000 | -12% | reduced |
| 44 | TNDM TANDEM DIABETES CARE INC | Healthcare | 1.0% | $2.4m | 123,945 | -2% | reduced |
| 45 | UBER UBER TECHNOLOGIES INC | Technology | 1.0% | $2.4m | 32,500 | -11% | reduced |
| 46 | NTRA NATERA INC | Healthcare | 1.0% | $2.4m | 16,732 | -2% | reduced |
| 47 | SAH SONIC AUTOMOTIVE INC | Consumer Cyclical | 0.9% | $2.3m | 40,800 | -20% | reduced |
| 48 | LKQ LKQ CORP | Consumer Cyclical | 0.9% | $2.3m | 54,300 | 0% | held |
| 49 | ARDT ARDENT HEALTH PARTNERS INC | Healthcare | 0.9% | $2.2m | 163,319 | -2% | reduced |
| 50 | AEYE AUDIOEYE INC | 0.9% | $2.2m | 200,000 | 54% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.