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Formula Growth Ltd

SEC CIK
0001093219
Latest filing
Aug 17, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Feb 13, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
125
+3 vs. Q3 2025
Portfolio value
$259.5M
−$21.5M (−7.7%) vs. Q3 2025
Filed
Feb 13, 2026
SEC
Holdings of Formula Growth Ltd in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MUMicron Technology IncStock32,000$9.13M3.5%−6,000−15.8%ReducedHistory
SWIMLatham Group, Inc.COM1,205,082$7.65M2.9%+216,049+21.8%AddedHistory
JHXJames Hardie Industries plcStock306,840$6.37M2.5%−70,000−18.6%ReducedHistory
LAWCS Disco, Inc.COM750,000$5.82M2.2%−70,000−8.5%ReducedHistory
LINDLindblad Expeditions Holdings, Inc.Stock403,591$5.82M2.2%−13,112−3.1%ReducedHistory
SSYSStratasys Ltd.SHS660,000$5.73M2.2%+90,000+15.8%AddedHistory
PACKRanpak Holdings Corp.COM CL A989,527$5.35M2.1%−35,706−3.5%ReducedHistory
BILLBILL Holdings, Inc.Stock95,000$5.18M2.0%00.0%UnchangedHistory
TEAMAtlassian CorpCL A31,000$5.03M1.9%−9,000−22.5%ReducedHistory
ALHCAlignment Healthcare, Inc.COM239,508$4.73M1.8%−8,700−3.5%ReducedHistory
COMPCompass, Inc.CL A427,300$4.52M1.7%+80,000+23.0%AddedHistory
RYAAYRyanair Holdings PLCSPONSORED ADR62,388$4.50M1.7%00.0%UnchangedHistory
CECOCeco Environmental CorpCOM70,720$4.23M1.6%−34,971−33.1%ReducedHistory
CPRICapri Holdings LtdSHS163,376$3.99M1.5%−6,300−3.7%ReducedHistory
ARCBArcbest CorpCOM50,838$3.77M1.5%−15,800−23.7%ReducedHistory
HQYHealthequity, Inc.COM39,400$3.61M1.4%−1,190−2.9%ReducedHistory
UUnity Software Inc.COM80,000$3.53M1.4%−5,000−5.9%ReducedHistory
LAURLaureate Education, Inc.COMMON STOCK103,298$3.48M1.3%−7,702−6.9%ReducedHistory
PODDInsulet CorpStock12,035$3.42M1.3%−3,012−20.0%ReducedHistory
BTSGBrightSpring Health Services, Inc.COM89,865$3.37M1.3%−11,535−11.4%ReducedHistory
XPOXPO, Inc.COM23,000$3.13M1.2%00.0%UnchangedHistory
RBARB Global Inc.COM30,263$3.11M1.2%−996−3.2%ReducedHistory
GENIGenius Sports LtdSHARES CL A276,720$3.05M1.2%−9,000−3.1%ReducedHistory
SSNCSS&C Technologies Holdings IncCOM34,725$3.04M1.2%00.0%UnchangedHistory
ORNOrion Group Holdings IncCOM301,296$2.99M1.2%−37,587−11.1%ReducedHistory
GDYNGrid Dynamics Holdings, Inc.CL A328,330$2.96M1.1%+328,330NewHistory
MNDYmonday.com Ltd.SHS20,000$2.95M1.1%00.0%UnchangedHistory
FNFabrinetSHS6,400$2.91M1.1%−1,500−19.0%ReducedHistory
UAUnder Armour, Inc.CL C600,000$2.88M1.1%−400,000−40.0%ReducedHistory
UTHRUnited Therapeutics CorpCOM5,614$2.74M1.1%−936−14.3%ReducedHistory
AEYEAudioeye IncCOM NEW270,000$2.70M1.0%+50,000+22.7%AddedHistory
BBWBuild-A-Bear Workshop IncCOM43,942$2.69M1.0%−30,354−40.9%ReducedHistory
RHRHCOM15,000$2.69M1.0%+1,447+10.7%AddedHistory
AXAxos Financial, Inc.COM30,624$2.64M1.0%00.0%UnchangedHistory
CVSACovista Inc.COM25,339$2.62M1.0%−1,211−4.6%ReducedHistory
TBCHTurtle Beach CorpCOM NEW180,075$2.53M1.0%−80,000−30.8%ReducedHistory
NTRANatera, Inc.COM11,018$2.52M1.0%−3,272−22.9%ReducedHistory
Orla MNG Ltd New68634K106COM182,000$2.45M0.9%+182,000New–
FSLRFirst Solar, Inc.Stock9,200$2.40M0.9%+9,200NewHistory
FOXFFox Factory Holding CorpCOM139,206$2.38M0.9%+92,700+199.3%AddedHistory
GPNGlobal Payments IncStock30,759$2.38M0.9%−2,600−7.8%ReducedHistory
HCAHCA Healthcare, Inc.COM5,000$2.33M0.9%−1,000−16.7%ReducedHistory
CSGPCostar Group, Inc.COM34,000$2.29M0.9%00.0%UnchangedHistory
SAHSonic Automotive IncCL A35,800$2.21M0.9%00.0%UnchangedHistory
UBERUber Technologies, IncStock26,500$2.17M0.8%−3,000−10.2%ReducedHistory
CWANClearwater Analytics Holdings, Inc.CL A87,883$2.12M0.8%−112,117−56.1%ReducedHistory
GLXYGalaxy Digital Inc.CL A94,772$2.12M0.8%−44,423−31.9%ReducedHistory
PANWPalo Alto Networks IncStock10,946$2.02M0.8%00.0%UnchangedHistory
VCTRVictory Capital Holdings, Inc.COM CL A31,267$1.97M0.8%−45,060−59.0%ReducedHistory
TPCTutor Perini CorpCOM29,000$1.94M0.7%−1,000−3.3%ReducedHistory
TTDTrade Desk, Inc.Stock50,000$1.90M0.7%−25,000−33.3%ReducedHistory
CDNACareDx, Inc.COM100,668$1.90M0.7%−91,625−47.6%ReducedHistory
CPACopa Holdings, S.A.CL A15,500$1.87M0.7%00.0%UnchangedHistory
NSPInsperity, Inc.COM46,700$1.81M0.7%+46,700NewHistory
GXOGXO Logistics, Inc.Stock34,000$1.79M0.7%00.0%UnchangedHistory
NOKNokia CorpSPONSORED ADR275,000$1.78M0.7%+275,000NewHistory
SHOOSteven Madden, Ltd.COM42,224$1.76M0.7%+42,224NewHistory
OWLTOwlet, Inc.CL A NEW105,000$1.70M0.7%+105,000NewHistory
CWSTCasella Waste Systems IncCL A17,053$1.67M0.6%00.0%UnchangedHistory
ASANAsana, Inc.CL A120,000$1.65M0.6%−10,000−7.7%ReducedHistory
EHCEncompass Health CorpCOM15,434$1.64M0.6%−11,266−42.2%ReducedHistory
NXTNextpower Inc.Stock18,640$1.62M0.6%−6,360−25.4%ReducedHistory
PROFProfound Medical Corp.COM NEW202,918$1.60M0.6%00.0%UnchangedHistory
FCFSFirstCash Holdings, Inc.COM10,000$1.59M0.6%00.0%UnchangedHistory
LBTYKLiberty Global Ltd.COM CL C142,702$1.58M0.6%00.0%UnchangedHistory
TNDMTandem Diabetes Care IncCOM NEW70,919$1.56M0.6%−51,177−41.9%ReducedHistory
NOWServiceNow, Inc.Stock10,000$1.53M0.6%+10,000NewHistory
TWLOTwilio IncCL A10,688$1.52M0.6%−14,312−57.2%ReducedHistory
WGSGeneDx Holdings Corp.COM CL A11,684$1.52M0.6%+11,684NewHistory
AIRAar CorpStock18,000$1.49M0.6%+18,000NewHistory
HOMBHome Bancshares IncCOM51,912$1.44M0.6%00.0%UnchangedHistory
ARAntero Resources CorpCOM41,000$1.41M0.5%+41,000NewHistory
ARLOArlo Technologies, Inc.COM100,000$1.40M0.5%+100,000NewHistory
TATTTat Technologies LtdORD NEW30,801$1.38M0.5%00.0%UnchangedHistory
JBHTHunt J B Transport Services IncCOM7,000$1.36M0.5%00.0%UnchangedHistory
EXFYExpensify, Inc.COM CL A900,000$1.36M0.5%−250,000−21.7%ReducedHistory
PDPagerDuty, Inc.COM100,000$1.31M0.5%−40,000−28.6%ReducedHistory
TTEKTetra Tech IncCOM39,050$1.31M0.5%00.0%UnchangedHistory
KEXKirby CorpCOM11,745$1.29M0.5%00.0%UnchangedHistory
LKQLKQ CorpCOM42,300$1.28M0.5%00.0%UnchangedHistory
PENPenumbra IncCOM4,100$1.27M0.5%+4,100NewHistory
VUZIVuzix CorpCOM NEW330,000$1.25M0.5%+330,000NewHistory
LULUlululemon athletica inc.Stock6,000$1.25M0.5%+6,000NewHistory
XPELXPEL, Inc.COM24,600$1.23M0.5%+24,600NewHistory
RDNTRadNet, Inc.COM17,176$1.23M0.5%−21,013−55.0%ReducedHistory
WEXWEX Inc.COM8,200$1.22M0.5%00.0%UnchangedHistory
VFCV F CorpStock65,721$1.19M0.5%−3,792−5.5%ReducedHistory
WCCWesco International IncCOM4,800$1.17M0.5%+4,800NewHistory
ZIPZiprecruiter, Inc.CL A300,000$1.17M0.5%+70,000+30.4%AddedHistory
VCYTVeracyte, Inc.COM27,000$1.14M0.4%00.0%UnchangedHistory
AGXArgan IncStock3,540$1.11M0.4%−2,160−37.9%ReducedHistory
FIGSFIGS, Inc.CL A94,500$1.07M0.4%+94,500NewHistory
DLBDolby Laboratories, Inc.COM CL A15,900$1.02M0.4%00.0%UnchangedHistory
CVLTCommvault Systems IncCOM8,000$1.00M0.4%+8,000NewHistory
EEFTEuronet Worldwide, Inc.COM13,000$989.4K0.4%00.0%UnchangedHistory
VITLVital Farms, Inc.COM30,000$958.2K0.4%+30,000NewHistory
OKTAOkta, Inc.CL A11,000$951.2K0.4%−10,000−47.6%ReducedHistory
DXCMDexcom IncCOM14,046$932.2K0.4%−23,487−62.6%ReducedHistory
VCELVericel CorpCOM25,824$929.9K0.4%00.0%UnchangedHistory
PSNParsons CorpCOM15,000$927.0K0.4%+15,000NewHistory

Sold out since Q3 2025 (26)

Positions held at the end of Q3 2025 that are gone from this filing.

Positions of Formula Growth Ltd sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
CCLCarnival Corp Ltd.UNIT 99/99/999995,323$2.76M1.0%History
PHRPhreesia, Inc.COM109,534$2.58M0.9%History
SKYTSkyWater Technology, LLCCOM90,000$1.68M0.6%History
SNBRQSleep Number CorpCOM231,793$1.63M0.6%History
KIDSOrthopediatrics CorpCOM81,000$1.50M0.5%History
WIXWix.com Ltd.SHS7,750$1.38M0.5%History
DENNDENNY'S CorpCOM258,885$1.35M0.5%History
PAGSPagSeguro Digital Ltd.COM CL A128,820$1.29M0.5%History
WALWestern Alliance BancorporationCOM13,933$1.21M0.4%History
FOURShift4 Payments, Inc.CL A15,326$1.19M0.4%History
RVLVRevolve Group, Inc.CL A55,000$1.17M0.4%History
MMacy's, Inc.COM64,000$1.15M0.4%History
LEVILevi Strauss & CoCL A COM STK47,285$1.10M0.4%History
UDMYUdemy, Inc.COM152,000$1.07M0.4%History
DGDollar General CorpCOM10,100$1.04M0.4%History
BELFBBel Fuse IncCL B7,000$987.1K0.4%History
XPOFXponential Fitness, Inc.COM CL A124,193$967.5K0.3%History
FORForestar Group Inc.COM32,000$850.9K0.3%History
INTCIntel CorpStock25,000$838.8K0.3%History
ARDTArdent Health, Inc.COM56,099$743.3K0.3%History
WWayfair Inc.CL A7,783$695.3K0.2%History
KLCKinderCare Learning Companies, Inc.COM69,667$462.6K0.2%History
ALNTAllient IncCOM10,000$447.5K0.2%History
KVYOKlaviyo, Inc.COM SER A15,000$415.4K0.1%History
BRBRBellring Brands, Inc.Stock10,659$387.5K0.1%History
CNTYCentury Casinos IncCOM136,647$356.6K0.1%History