Fund Holdings

FORMULA GROWTH LTD

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
JAMES HARDIE INDS PLC0376,840+376,84007,239,0962.58%+7,239,096
GALAXY DIGITAL INC.(GLXY)0139,195+139,19504,706,1831.67%+4,706,183
RANPAK HOLDINGS CORP320,9331,025,233+704,3001,145,7315,761,8092.05%+4,616,078
MONDAY COM LTD020,000+20,00003,873,8001.38%+3,873,800
LAUREATE EDUCATION INC(LAUR)0111,000+111,00003,500,9401.25%+3,500,940
ENCOMPASS HEALTH CORP(EHC)026,700+26,70003,391,4341.21%+3,391,434
BRIGHTSPRING HEALTH SVCS INC(BTSG)0101,400+101,40002,997,3841.07%+2,997,384
VICTORY CAP HLDGS INC(VCTR)32,92276,327+43,4052,096,1444,942,9371.76%+2,846,793
COMPASS INC(COMP)0347,300+347,30002,788,8190.99%+2,788,819
TURTLE BEACH CORP116,670260,075+143,4051,613,5464,135,1931.47%+2,521,647
CECO ENVIRONMENTAL CORP(CECO)102,191105,691+3,5002,893,0275,411,3791.93%+2,518,352
CLEARWATER ANALYTICS HLDGS I70,000200,000+130,0001,535,1003,604,0001.28%+2,068,900
OKTA INC(OKTA)021,000+21,00001,925,7000.69%+1,925,700
NEXTRACKER INC025,000+25,00001,849,7500.66%+1,849,750
ALIGNMENT HEALTHCARE INC(ALHC)181,208248,208+67,0002,536,9124,331,2301.54%+1,794,318
SKYWATER TECHNOLOGY INC(SKYT)090,000+90,00001,679,4000.60%+1,679,400
MICRON TECHNOLOGY INC(MU)38,00038,00004,683,5006,358,1602.26%+1,674,660
CS DISCO INC830,000820,000-10,0003,627,1005,297,2001.88%+1,670,100
BUILD-A-BEAR WORKSHOP INC63,49674,296+10,8003,273,8544,844,8421.72%+1,570,988
ARGAN INC05,700+5,70001,539,2850.55%+1,539,285
ORTHOPEDIATRICS CORP081,000+81,00001,500,9300.53%+1,500,930
GLOBAL PMTS INC(GPN)17,71433,359+15,6451,417,8292,771,4660.99%+1,353,637
EXPEDIA GROUP INC(EXPE)05,800+5,80001,239,7500.44%+1,239,750
REVOLVE GROUP INC(RVLV)055,000+55,00001,171,5000.42%+1,171,500
PAGERDUTY INC75,000140,000+65,0001,146,0002,312,8000.82%+1,166,800
MACYS INC(M)064,000+64,00001,147,5200.41%+1,147,520
UDEMY INC0152,000+152,00001,065,5200.38%+1,065,520
PROCORE TECHNOLOGIES INC(PCOR)014,000+14,00001,020,8800.36%+1,020,880
ZIPRECRUITER INC0230,000+230,0000970,6000.35%+970,600
ACUREN CORP(TIC)067,985+67,9850904,8800.32%+904,880
FORESTAR GROUP INC(FOR)032,000+32,0000850,8800.30%+850,880
INTEL CORP(INTC)025,000+25,0000838,7500.30%+838,750
TWILIO INC(TWLO)14,00025,000+11,0001,741,0402,502,2500.89%+761,210
HEALTHEQUITY INC(HQY)29,49040,590+11,1003,089,3723,846,7141.37%+757,342
ADTALEM GLOBAL ED INC(CVSA)26,55026,55003,377,9574,100,6481.46%+722,691
AIRBNB INC05,000+5,0000607,1000.22%+607,100
HELIOS TECHNOLOGIES INC(HLIO)011,000+11,0000573,4300.20%+573,430
FABRINET(FN)7,9007,90002,327,9722,880,4981.02%+552,526
FOX FACTORY HLDG CORP23,96546,506+22,541621,6521,129,6310.40%+507,979
ATLASSIAN CORPORATION29,00040,000+11,0005,889,6106,388,0002.27%+498,390
HOLLEY INC0150,000+150,0000471,0000.17%+471,000
LINDBLAD EXPEDITIONS HLDGS I(LIND)416,703416,70304,862,9245,333,7981.90%+470,874
ALLIENT INC010,000+10,0000447,5000.16%+447,500
KLAVIYO INC(KVYO)015,000+15,0000415,3500.15%+415,350
BEL FUSE INC6,0007,000+1,000586,140987,1400.35%+401,000
UNITED THERAPEUTICS CORP DEL(UTHR)8,2376,550-1,6872,366,9022,745,8260.98%+378,924
CAPRI HOLDINGS LIMITED169,676169,67603,003,2653,379,9461.20%+376,681
SAVERS VALUE VLG INC(SVV)027,000+27,0000357,7500.13%+357,750
USA RARE EARTH INC(USAR)020,000+20,0000343,8000.12%+343,800
AXOS FINANCIAL INC(AX)30,62430,62402,328,6492,592,3220.92%+263,673
HCA HEALTHCARE INC(HCA)6,0006,00002,298,6002,557,2000.91%+258,600
FIRSTCASH HOLDINGS INC(FCFS)10,00010,00001,351,4001,584,2000.56%+232,800
LEVI STRAUSS & CO NEW(LEVI)47,28547,2850874,3001,101,7410.39%+227,441
SS&C TECHNOLOGIES HLDGS INC(SSNC)34,72534,72502,875,2303,082,1911.10%+206,961
LIBERTY GLOBAL LTD(LBTYA)142,702142,70201,471,2581,676,7490.60%+205,491
VERACYTE INC(VCYT)27,00027,0000729,810926,9100.33%+197,100
V F CORP(VFC)69,51369,5130816,7781,003,0730.36%+186,295
CIMPRESS PLC(CMPR)11,30011,3000531,100712,3520.25%+181,252
DENNYS CORP287,885258,885-29,0001,180,3291,353,9690.48%+173,640
RINGCENTRAL INC(RNG)17,06123,000+5,939483,679651,8200.23%+168,141
RYANAIR HOLDINGS PLC(RYAAY)62,38862,38803,597,9163,757,0051.34%+159,089
WIX COM LTD7,7507,75001,228,0651,376,6330.49%+148,568
GXO LOGISTICS INCORPORATED(GXO)34,00034,00001,655,8001,798,2600.64%+142,460
UBER TECHNOLOGIES INC(UBER)29,50029,50002,752,3502,890,1151.03%+137,765
COPA HOLDINGS SA(CPA)15,50015,50001,704,5351,841,7100.66%+137,175
COSTAR GROUP INC(CSGP)34,00034,00002,733,6002,868,5801.02%+134,980
WEX INC(WEX)8,2008,20001,204,4981,291,7460.46%+87,248
SLEEP NUMBER CORP228,093231,793+3,7001,540,7681,627,1870.58%+86,419
INTERNATIONAL MNY EXPRESS IN22,05822,0580222,565308,1500.11%+85,585
CALIX INC(CALX)10,00010,0000531,900613,7000.22%+81,800
BILL HOLDINGS INC107,20095,000-12,2004,959,0725,032,1501.79%+73,078
XPO INC(XPO)23,00023,00002,904,6702,973,2101.06%+68,540
RB GLOBAL INC(RBA)31,25931,25903,319,3933,387,2251.21%+67,832
CENTURY CASINOS INC136,647136,6470289,008356,6490.13%+67,641
AUDIOEYE INC260,000220,000-40,0003,029,0003,049,2001.08%+20,200
BUILDERS FIRSTSOURCE INC(BLDR)4,0004,0000466,760485,0000.17%+18,240
XPONENTIAL FITNESS INC128,593124,193-4,400963,162967,4630.34%+4,301
META PLATFORMS INC(META)5005000369,045367,1900.13%-1,855
HOME BANCSHARES INC(HOMB)51,91251,91201,477,4161,469,1100.52%-8,306
PALO ALTO NETWORKS INC(PANW)10,94610,94602,239,9892,228,8250.79%-11,164
RXO INC(RXO)45,00045,0000707,400692,1000.25%-15,300
DOLBY LABORATORIES INC(DLB)15,90015,90001,180,7341,150,6830.41%-30,051
HUNT J B TRANS SVCS INC(JBHT)7,0007,00001,005,200939,1900.33%-66,010
TETRA TECH INC NEW(TTEK)39,05039,05001,404,2381,303,4890.46%-100,749
NATERA INC(NTRA)14,29014,29002,414,1532,300,2610.82%-113,892
RADNET INC(RDNT)53,18938,189-15,0003,026,9862,910,3841.04%-116,602
ARCBEST CORP(ARCB)62,13366,638+4,5054,784,8624,655,9971.66%-128,865
SONIC AUTOMOTIVE INC(SAH)35,80035,80002,861,4942,724,0220.97%-137,472
EURONET WORLDWIDE INC(EEFT)13,00013,00001,317,9401,141,5300.41%-176,410
PALOMAR HLDGS INC(PLMR)1,2540-1,254193,4300-193,430
BELLRING BRANDS INC(BRBR)10,65910,6590617,476387,4550.14%-230,021
KINDERCARE LEARNING COMPANIE69,66769,6670703,637462,5890.16%-241,048
ORION GROUP HLDGS INC338,883338,88303,073,6692,819,5071.00%-254,162
GENIUS SPORTS LIMITED365,720285,720-80,0003,803,4883,537,2141.26%-266,274
LKQ CORP(LKQ)42,30042,30001,565,5231,291,8420.46%-273,681
VERICEL CORP(VCEL)25,82425,82401,098,811812,6810.29%-286,130
SMUCKER J M CO(SJM)2,9810-2,981292,7340-292,734
CASELLA WASTE SYS INC(CWST)17,05317,05301,967,5751,617,9890.58%-349,586
KIRBY CORP(KEX)11,74511,74501,332,000980,1200.35%-351,880
PROFOUND MED CORP240,918202,918-38,0001,421,416992,2690.35%-429,147
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