Fund HoldingsFORMULA GROWTH LTD

Total Portfolio Value
$259.53M
Total Bought
$41.74M
Total Sold
$72.91M
Net Transaction
-$31.17M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
GRID DYNAMICS HLDGS INC0328,330+328,33002,9651.14%+2,965
MICRON TECHNOLOGY INC(MU)38,00032,000-6,0006,3589,1333.52%+2,775
ORLA MNG LTD NEW(ORLA)0182,000+182,00002,4520.94%+2,452
FIRST SOLAR INC(FSLR)09,200+9,20002,4030.93%+2,403
INSPERITY INC(NSP)046,700+46,70001,8080.70%+1,808
NOKIA CORP(NOK)0275,000+275,00001,7790.69%+1,779
MADDEN STEVEN LTD(SHOO)042,224+42,22401,7580.68%+1,758
COMPASS INC(COMP)347,300427,300+80,0002,7894,5171.74%+1,728
OWLET INC0105,000+105,00001,7000.65%+1,700
SERVICENOW INC(NOW)010,000+10,00001,5320.59%+1,532
GENEDX HOLDINGS CORP(WGS)011,684+11,68401,5200.59%+1,520
AAR CORP018,000+18,00001,4900.57%+1,490
ANTERO RESOURCES CORP(AR)041,000+41,00001,4130.54%+1,413
ARLO TECHNOLOGIES INC(ARLO)0100,000+100,00001,3990.54%+1,399
PENUMBRA INC(PEN)04,100+4,10001,2750.49%+1,275
FOX FACTORY HLDG CORP(FOXF)46,506139,206+92,7001,1302,3820.92%+1,252
VUZIX CORP0330,000+330,00001,2470.48%+1,247
LULULEMON ATHLETICA INC(LULU)06,000+6,00001,2470.48%+1,247
XPEL INC(XPEL)024,600+24,60001,2280.47%+1,228
WESCO INTL INC(WCC)04,800+4,80001,1740.45%+1,174
FIGS INC(FIGS)094,500+94,50001,0740.41%+1,074
COMMVAULT SYS INC(CVLT)08,000+8,00001,0030.39%+1,003
VITAL FARMS INC030,000+30,00009580.37%+958
PARSONS CORP DEL(PSN)015,000+15,00009270.36%+927
FIGMA INC(FIG)023,000+23,00008600.33%+860
NAVAN INC(NAVN)050,000+50,00008540.33%+854
MAYVILLE ENGR CO INC040,000+40,00007490.29%+749
RYANAIR HOLDINGS PLC(RYAAY)62,38862,38803,7574,5041.74%+747
ABERCROMBIE & FITCH CO05,200+5,20006550.25%+655
RXSIGHT INC060,000+60,00006250.24%+625
CAPRI HOLDINGS LIMITED
SHS
169,676163,376-6,3003,3803,9861.54%+606
PROFOUND MED CORP202,918202,91809921,5970.62%+605
UWM HOLDINGS CORPORATION(UWMC)0125,000+125,00005480.21%+548
CS DISCO INC820,000750,000-70,0005,2975,8202.24%+523
LINDBLAD EXPEDITIONS HLDGS I(LIND)416,703403,591-13,1125,3345,8202.24%+486
HUNT J B TRANS SVCS INC(JBHT)7,0007,00009391,3600.52%+421
BIRKENSTOCK HOLDING PLC(BIRK)010,000+10,00004090.16%+409
ALIGNMENT HEALTHCARE INC(ALHC)248,208239,508-8,7004,3314,7301.82%+399
BRIGHTSPRING HEALTH SVCS INC(BTSG)101,40089,865-11,5352,9973,3651.30%+368
KIRBY CORP(KEX)11,74511,74509801,2940.50%+314
SABLE OFFSHORE CORP026,968+26,96802430.09%+243
NATERA INC(NTRA)14,29011,018-3,2722,3002,5240.97%+224
VERACYTE INC(VCYT)27,00027,00009271,1370.44%+210
ZIPRECRUITER INC230,000300,000+70,0009711,1700.45%+199
V F CORP(VFC)69,51365,721-3,7921,0031,1880.46%+185
ORION GROUP HLDGS INC338,883301,296-37,5872,8202,9951.15%+175
XPO INC(XPO)23,00023,00002,9733,1261.20%+153
BILL HOLDINGS INC95,00095,00005,0325,1812.00%+149
UNITY SOFTWARE INC(U)080,000+80,00003,5341.36%+3,534
LATHAM GROUP INC(SWIM)01,205,082+1,205,08207,6522.95%+7,652
VERICEL CORP(VCEL)25,82425,82408139300.36%+117
HOLLEY INC150,000138,520-11,4804715720.22%+101
TANDEM DIABETES CARE INC(TNDM)070,919+70,91901,5590.60%+1,559
AIRBNB INC5,0005,00006076790.26%+72
SAVERS VALUE VLG INC(SVV)27,00045,257+18,2573584230.16%+65
CASELLA WASTE SYS INC(CWST)17,05317,05301,6181,6700.64%+52
AXOS FINANCIAL INC(AX)30,62430,62402,5922,6391.02%+46
CIMPRESS PLC(CMPR)11,30011,30007127520.29%+40
FABRINET(FN)7,9006,400-1,5002,8802,9141.12%+33
INTERNATIONAL MNY EXPRESS IN22,05822,05803083390.13%+31
COPA HOLDINGS SA(CPA)15,50015,50001,8421,8690.72%+28
TAT TECHNOLOGIES LTD030,801+30,80101,3760.53%+1,376
RINGCENTRAL INC(RNG)23,00023,00006526640.26%+12
FIRSTCASH HOLDINGS INC(FCFS)10,00010,00001,5841,5940.61%+10
TETRA TECH INC NEW(TTEK)39,05039,05001,3031,3100.50%+6
GXO LOGISTICS INCORPORATED(GXO)34,00034,00001,7981,7900.69%-8
UNITED THERAPEUTICS CORP DEL(UTHR)6,5505,614-9362,7462,7351.05%-10
LKQ CORP(LKQ)42,30042,30001,2921,2770.49%-14
LAUREATE EDUCATION INC(LAUR)111,000103,298-7,7023,5013,4781.34%-23
TUTOR PERINI CORP(TPC)029,000+29,00001,9440.75%+1,944
HOME BANCSHARES INC(HOMB)51,91251,91201,4691,4420.56%-27
META PLATFORMS INC(META)50050003673300.13%-37
HELIOS TECHNOLOGIES INC(HLIO)11,00010,010-9905735350.21%-38
SS&C TECHNOLOGIES HLDGS INC(SSNC)34,72534,72503,0823,0361.17%-47
RH(RH)015,000+15,00002,6871.04%+2,687
WEX INC(WEX)8,2008,20001,2921,2220.47%-70
BUILDERS FIRSTSOURCE INC(BLDR)4,0004,00004854120.16%-73
CALIX INC(CALX)10,00010,00006145290.20%-84
ASANA INC(ASAN)0120,000+120,00001,6450.63%+1,645
LIBERTY GLOBAL LTD(LBTYA)142,702142,70201,6771,5750.61%-101
USA RARE EARTH INC(USAR)20,00020,00003442380.09%-106
RXO INC(RXO)45,00045,00006925690.22%-123
DOLBY LABORATORIES INC(DLB)15,90015,90001,1511,0210.39%-130
EURONET WORLDWIDE INC(EEFT)13,00013,00001,1429890.38%-152
PALO ALTO NETWORKS INC(PANW)10,94610,94602,2292,0160.78%-213
TIC SOLUTIONS INC(TIC)67,98567,98509056870.26%-218
HCA HEALTHCARE INC(HCA)6,0005,000-1,0002,5572,3340.90%-223
NEXTPOWER INC25,00018,640-6,3601,8501,6240.63%-226
HEALTHEQUITY INC(HQY)40,59039,400-1,1903,8473,6091.39%-237
RB GLOBAL INC(RBA)31,25930,263-9963,3873,1131.20%-274
AUDIOEYE INC220,000270,000+50,0003,0492,6971.04%-352
CENTURY CASINOS INC136,6470-136,6473570-357
BELLRING BRANDS INC(BRBR)10,6590-10,6593870-387
GLOBAL PMTS INC(GPN)33,35930,759-2,6002,7712,3810.92%-391
RANPAK HOLDINGS CORP1,025,233989,527-35,7065,7625,3532.06%-408
KLAVIYO INC(KVYO)15,0000-15,0004150-415
ARGAN INC5,7003,540-2,1601,5391,1090.43%-430
ALLIENT INC10,0000-10,0004480-447
EXPEDIA GROUP INC(EXPE)5,8002,760-3,0401,2407820.30%-458
KINDERCARE LEARNING COMPANIE69,6670-69,6674630-463
Page 1 of 1