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Portfolio (Quarterly) Guide ↗

FORMULA GROWTH LTD

· CIK 0001093219
13F Portfolio $222M AUM 137 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 35 New 19 Added 38 Reduced 23 Exited
Page 2 of 7  ·  137 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 HQY HEALTHEQUITY INC Healthcare 34,552.0 $2.9M 1.30% -5K -12.3% $83.57 +4.9%
22 BILL BILL HOLDINGS INC Technology 75,000.0 $2.9M 1.30% -20K -21.1% $38.30 -9.1%
23 U UNITY SOFTWARE INC Technology 130,000.0 $2.9M 1.29% +50K +62.5% $21.94 +22.5%
24 EQPT EQUIPMENTSHARE COM INC Industrials 136,950.0 $2.8M 1.26% NEW $20.37 +3.3%
25 RB GLOBAL INC 27,708.0 $2.7M 1.20% -3K -8.4% $95.85
26 AX AXOS FINANCIAL INC Financial Services 30,624.0 $2.6M 1.18% $85.09 +2.4%
27 PODD INSULET CORP Healthcare 12,029.0 $2.5M 1.14% $209.84 -26.3%
28 PACK RANPAK HOLDINGS CORP Consumer Cyclical 694,527.0 $2.5M 1.12% -295K -29.8% $3.57 +78.6%
29 SAH SONIC AUTOMOTIVE INC Consumer Cyclical 35,800.0 $2.5M 1.11% $68.57 +14.8%
30 FPS FORGENT POWER SOLUTIONS INC Industrials 82,852.0 $2.4M 1.09% NEW $29.27 +69.9%
31 HCA HCA HEALTHCARE INC Healthcare 5,000.0 $2.4M 1.07% $473.24 -17.2%
32 SSNC SS&C TECH HLDGS Technology 34,725.0 $2.3M 1.06% $67.57 -1.9%
33 UA UNDER ARMOUR INC Consumer Cyclical 400,000.0 $2.3M 1.04% -200K -33.3% $5.79 -4.7%
34 AIR AAR CORP Industrials 20,974.0 $2.3M 1.04% +3K +16.5% $109.46 +2.5%
35 NXT NEXTPOWER INC Technology 18,603.0 $2.2M 1.01% $120.55 +7.6%
36 TPC TUTOR PERINI CORP Industrials 28,962.0 $2.2M 1.01% $77.19 -3.5%
37 MDB MONGODB INC Technology 9,000.0 $2.2M 0.99% NEW $244.77 +26.6%
38 ARLO ARLO TECHNOLOGIES INC Industrials 140,000.0 $2.0M 0.90% +40K +40.0% $14.23 -5.1%
39 UBER UBER TECHNOLOGIES INC Technology 26,500.0 $1.9M 0.86% $71.93 -2.1%
40 FCFS FIRSTCASH HOLDINGS INC Financial Services 10,000.0 $1.9M 0.85% $188.00 +22.5%
Page 2 of 7  ·  137 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.2%
Industrials 25.5%
Healthcare 16.3%
Consumer Cyclical 15.9%
Financial Services 3.9%
Communication Services 2.1%
Consumer Defensive 1.9%
Real Estate 0.8%
Basic Materials 0.7%
Energy 0.6%