Latest FORMULA GROWTH LTD Stock Portfolio

FORMULA GROWTH LTD Performance:

2025 Q4: 1.84%YTD: 4.3%2024: 2.66%

Performance for 2025 Q4 is 1.84%, and YTD is 4.3%, and 2024 is 2.66%.

About FORMULA GROWTH LTD and 13F Hedge Fund Stock Holdings

On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, FORMULA GROWTH LTD reported an equity portfolio of $259.5 Millions as of 31 Dec, 2025.

The top stock holdings of FORMULA GROWTH LTD are MU, SWIM, . The fund has invested 3.5% of it's portfolio in MICRON TECHNOLOGY INC and 3% of portfolio in LATHAM GROUP INC.

The fund managers got completely rid off CARNIVAL CORP (CCL), PHREESIA INC (PHR) and SKYWATER TECHNOLOGY INC (SKYT) stocks. They significantly reduced their stock positions in IVANHOE ELECTRIC INC (IE), DEXCOM INC (DXCM) and VICTORY CAP HLDGS INC (VCTR). FORMULA GROWTH LTD opened new stock positions in GRID DYNAMICS HLDGS INC (GDYN), ORLA MNG LTD NEW (ORLA) and FIRST SOLAR INC (FSLR). The fund showed a lot of confidence in some stocks as they added substantially to FOX FACTORY HLDG CORP (FOXF), SAVERS VALUE VLG INC (SVV) and ZIPRECRUITER INC (ZIP).

FORMULA GROWTH LTD Annual Return Estimates Vs S&P 500

Our best estimate is that FORMULA GROWTH LTD made a return of 1.84% in the last quarter. In trailing 12 months, it's portfolio return was 4.3%.

Performance
S&P 500

New Buys

Ticker	$ Bought
grid dynamics hldgs inc	2,964,820
orla mng ltd new	2,451,540
first solar inc	2,403,320
insperity inc	1,808,220
nokia corp	1,779,250
madden steven ltd	1,758,210
owlet inc	1,699,950
servicenow inc	1,531,900

New stocks bought by FORMULA GROWTH LTD

Additions

Ticker	% Inc.
fox factory hldg corp	199
savers value vlg inc	67.62
ziprecruiter inc	30.43
compass inc	23.03
audioeye inc	22.73
latham group inc	21.84
stratasys ltd	15.79
rh	10.68

Additions to existing portfolio by FORMULA GROWTH LTD

Reductions

Ticker	% Reduced
ivanhoe electric inc	-71.65
dexcom inc	-62.58
victory cap hldgs inc	-59.04
twilio inc	-57.25
clearwater analytics hldgs i	-56.06
radnet inc	-55.02
expedia group inc	-52.41
procore technologies inc	-52.14

FORMULA GROWTH LTD reduced stake in above stock

Sold off

Ticker	$ Sold
dennys corp	-1,353,970
sleep number corp	-1,627,190
udemy inc	-1,065,520
century casinos inc	-356,649
pagseguro digital ltd	-1,288,200
xponential fitness inc	-967,463
phreesia inc	-2,576,240
carnival corp	-2,755,790

FORMULA GROWTH LTD got rid off the above stocks

Sector Distribution

FORMULA GROWTH LTD has about 26.1% of it's holdings in Technology sector.

Sector	%
Technology	26.1
Others	17
Industrials	16.7
Consumer Cyclical	15.3
Healthcare	12.4
Financial Services	3.2
Consumer Defensive	2.7
Real Estate	2.6
	2.2

Market Cap. Distribution

FORMULA GROWTH LTD has about 25.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	32.6
LARGE-CAP	21.7
SMALL-CAP	19.3
UNALLOCATED	17
MICRO-CAP	5.7
MEGA-CAP	3.6

Stocks belong to which Index?

About 53.5% of the stocks held by FORMULA GROWTH LTD either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	46.5
RUSSELL 2000	40.7
S&P 500	12.8

Top 5 Winners (%)		%
MU	micron technology inc	65.0 %
TNDM	tandem diabetes care inc	64.1 %
PROF	profound med corp	60.9 %
JBHT	hunt j b trans svcs inc	44.9 %
NTRA	natera inc	37.5 %

Top 5 Winners ($)		$
MU	micron technology inc	4.1 M
LAW	cs disco inc	1.0 M
COMP	compass inc	1.0 M
TNDM	tandem diabetes care inc	0.9 M
CWAN	clearwater analytics hldgs i	0.9 M

Top 5 Losers (%)		%
ATGE	adtalem global ed inc	-32.3 %
	usa rare earth inc	-30.8 %
	galaxy digital inc.	-28.5 %
AEYE	audioeye inc	-26.0 %
SVV	savers value vlg inc	-25.1 %

Top 5 Losers ($)		$
SSYS	stratasys ltd	-1.5 M
SWIM	latham group inc	-1.4 M
	galaxy digital inc.	-1.3 M
ATGE	adtalem global ed inc	-1.3 M
AEYE	audioeye inc	-0.9 M

FORMULA GROWTH LTD Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FORMULA GROWTH LTD

FORMULA GROWTH LTD has 125 stocks in it's portfolio. About 23.4% of the portfolio is in top 10 stocks. SSYS proved to be the most loss making stock for the portfolio. MU was the most profitable stock for FORMULA GROWTH LTD last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABNB	airbnb inc	0.26	5,000	678,600	unchanged	0.00

AEYE	audioeye inc	1.04	270,000	2,697,300	added	22.73

AGX	argan inc	0.43	3,540	1,109,150	reduced	-37.89

AIR	aar corp	0.57	18,000	1,490,220	new

ALHC	alignment healthcare inc	1.82	239,508	4,730,280	reduced	-3.51

AMOT	allient inc	0.00	0.00	0.00	sold off	-100

ANF	abercrombie & fitch co	0.25	5,200	654,524	new

AR	antero resources corp	0.54	41,000	1,412,860	new

ARCB	arcbest corp	1.45	50,838	3,771,670	reduced	-23.71

ARLO	arlo technologies inc	0.54	100,000	1,399,000	new

ASAN	asana inc	0.63	120,000	1,645,200	reduced	-7.69

ATGE	adtalem global ed inc	1.01	25,339	2,621,830	reduced	-4.56

AX	axos financial inc	1.02	30,624	2,638,560	unchanged	0.00

BBW	build-a-bear workshop inc	1.04	43,942	2,692,330	reduced	-40.86

BELFB	bel fuse inc	0.00	0.00	0.00	sold off	-100

BILL	bill holdings inc	2.00	95,000	5,181,300	unchanged	0.00

BLDR	builders firstsource inc	0.16	4,000	411,560	unchanged	0.00

BRBR	bellring brands inc	0.00	0.00	0.00	sold off	-100

CALX	calix inc	0.20	10,000	529,300	unchanged	0.00

CCL	carnival corp	0.00	0.00	0.00	sold off	-100