13F HOLDINGS REPORT
FORMULA GROWTH LTD
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001011438-25-000422
Total Value
$264.7M
Positions
119
Other Managers
0
Confidential Omitted
No
Holdings (119)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | LATHAM GROUP INC | SWIM | 1,318,033 | $8.4M | 3.18% |
| 2 | STRATASYS LTD | SSYS | 650,000 | $7.5M | 2.82% |
| 3 | UNDER ARMOUR INC | UA | 1,000,000 | $6.5M | 2.45% |
| 4 | JAMES HARDIE INDS PLC | 47030M106 | 220,140 | $5.9M | 2.24% |
| 5 | ATLASSIAN CORPORATION | TEAM | 29,000 | $5.9M | 2.23% |
| 6 | INSULET CORP | PODD | 17,447 | $5.5M | 2.07% |
| 7 | UNITY SOFTWARE INC | U | 210,000 | $5.1M | 1.92% |
| 8 | BILL HOLDINGS INC | BILL | 107,200 | $5.0M | 1.87% |
| 9 | LINDBLAD EXPEDITIONS HLDGS I | LIND | 416,703 | $4.9M | 1.84% |
| 10 | ARCBEST CORP | ARCB | 62,133 | $4.8M | 1.81% |
| 11 | MICRON TECHNOLOGY INC | MU | 38,000 | $4.7M | 1.77% |
| 12 | THE TRADE DESK INC | 88339J105 | 62,000 | $4.5M | 1.69% |
| 13 | DEXCOM INC | DXCM | 47,533 | $4.1M | 1.57% |
| 14 | GENIUS SPORTS LIMITED | GENI | 365,720 | $3.8M | 1.44% |
| 15 | CAREDX INC | CDNA | 192,293 | $3.8M | 1.42% |
| 16 | RH | RH | 19,600 | $3.7M | 1.40% |
| 17 | CS DISCO INC | LAW | 830,000 | $3.6M | 1.37% |
| 18 | TUTOR PERINI CORP | TPC | 77,409 | $3.6M | 1.37% |
| 19 | RYANAIR HOLDINGS PLC | RYAOF | 62,388 | $3.6M | 1.36% |
| 20 | CARNIVAL CORP | CUKPF | 122,323 | $3.4M | 1.30% |
| 21 | ADTALEM GLOBAL ED INC | ADT | 26,550 | $3.4M | 1.28% |
| 22 | RB GLOBAL INC | RBA | 31,259 | $3.3M | 1.25% |
| 23 | BUILD-A-BEAR WORKSHOP INC | BBW | 63,496 | $3.3M | 1.24% |
| 24 | PHREESIA INC | PHR | 109,534 | $3.1M | 1.18% |
| 25 | HEALTHEQUITY INC | HQY | 29,490 | $3.1M | 1.17% |
| 26 | ORION GROUP HLDGS INC | ORN | 338,883 | $3.1M | 1.16% |
| 27 | AUDIOEYE INC | AEYE | 260,000 | $3.0M | 1.14% |
| 28 | RADNET INC | RDNT | 53,189 | $3.0M | 1.14% |
| 29 | CAPRI HOLDINGS LIMITED | CPRI | 169,676 | $3.0M | 1.13% |
| 30 | EXPENSIFY INC | EXFY | 1,150,000 | $3.0M | 1.13% |
| 31 | XPO INC | XPO | 23,000 | $2.9M | 1.10% |
| 32 | CECO ENVIRONMENTAL CORP | CECO | 102,191 | $2.9M | 1.09% |
| 33 | SS&C TECHNOLOGIES HLDGS INC | SSNC | 34,725 | $2.9M | 1.09% |
| 34 | SONIC AUTOMOTIVE INC | SAH | 35,800 | $2.9M | 1.08% |
| 35 | PAGSEGURO DIGITAL LTD | PAGS | 293,820 | $2.8M | 1.07% |
| 36 | UBER TECHNOLOGIES INC | UBER | 29,500 | $2.8M | 1.04% |
| 37 | COSTAR GROUP INC | CSGP | 34,000 | $2.7M | 1.03% |
| 38 | ASANA INC | ASAN | 200,000 | $2.7M | 1.02% |
| 39 | MERIT MED SYS INC | 589889104 | 27,981 | $2.6M | 0.99% |
| 40 | ALIGNMENT HEALTHCARE INC | ALHC | 181,208 | $2.5M | 0.96% |
| 41 | UNIVERSAL TECHNICAL INST INC | UTI | 71,302 | $2.4M | 0.91% |
| 42 | NATERA INC | NTRA | 14,290 | $2.4M | 0.91% |
| 43 | UNITED THERAPEUTICS CORP DEL | UTHR | 8,237 | $2.4M | 0.89% |
| 44 | AXOS FINANCIAL INC | AX | 30,624 | $2.3M | 0.88% |
| 45 | FABRINET | FN | 7,900 | $2.3M | 0.88% |
| 46 | KURA SUSHI USA INC | KRUS | 26,717 | $2.3M | 0.87% |
| 47 | HCA HEALTHCARE INC | HCA | 6,000 | $2.3M | 0.87% |
| 48 | TANDEM DIABETES CARE INC | TNDM | 122,096 | $2.3M | 0.86% |
| 49 | IVANHOE ELECTRIC INC | IE | 247,934 | $2.2M | 0.85% |
| 50 | PALO ALTO NETWORKS INC | PANW | 10,946 | $2.2M | 0.85% |
| 51 | ARDENT HEALTH INC | ARDT | 159,989 | $2.2M | 0.83% |
| 52 | LANTHEUS HLDGS INC | LNTH | 26,069 | $2.1M | 0.81% |
| 53 | TAT TECHNOLOGIES LTD | TATT | 69,813 | $2.1M | 0.81% |
| 54 | VICTORY CAP HLDGS INC | 92645B103 | 32,922 | $2.1M | 0.79% |
| 55 | BLACKSKY TECHNOLOGY INC | BKSY-WT | 98,477 | $2.0M | 0.77% |
| 56 | CASELLA WASTE SYS INC | CWST | 17,053 | $2.0M | 0.74% |
| 57 | WESTERN ALLIANCE BANCORP | WAL-PA | 24,264 | $1.9M | 0.71% |
| 58 | DOLLAR GEN CORP NEW | 256677105 | 16,100 | $1.8M | 0.70% |
| 59 | TAPESTRY INC | TPR | 20,718 | $1.8M | 0.69% |
| 60 | PERFORMANT HEALTHCARE INC | 71377E105 | 452,500 | $1.8M | 0.68% |
| 61 | ALLIANCEBERNSTEIN HLDG L P | 01881G106 | 43,090 | $1.8M | 0.66% |
| 62 | TWILIO INC | TWLO | 14,000 | $1.7M | 0.66% |
| 63 | SHIFT4 PMTS INC | 82452J109 | 17,326 | $1.7M | 0.65% |
| 64 | COPA HOLDINGS SA | CPA | 15,500 | $1.7M | 0.64% |
| 65 | GXO LOGISTICS INCORPORATED | GXO | 34,000 | $1.7M | 0.63% |
| 66 | TURTLE BEACH CORP | TBCH | 116,670 | $1.6M | 0.61% |
| 67 | DENISON MINES CORP | DNN | 868,725 | $1.6M | 0.60% |
| 68 | PROS HOLDINGS INC | 74346Y103 | 100,000 | $1.6M | 0.59% |
| 69 | LKQ CORP | LKQ | 42,300 | $1.6M | 0.59% |
| 70 | SLEEP NUMBER CORP | SNBR | 228,093 | $1.5M | 0.58% |
| 71 | CLEARWATER ANALYTICS HLDGS I | CWAN | 70,000 | $1.5M | 0.58% |
| 72 | WAYFAIR INC | W | 29,783 | $1.5M | 0.58% |
| 73 | UNITEDHEALTH GROUP INC | UNH | 4,827 | $1.5M | 0.57% |
| 74 | HOME BANCSHARES INC | HOMB | 51,912 | $1.5M | 0.56% |
| 75 | LIBERTY GLOBAL LTD | LBTYK | 142,702 | $1.5M | 0.56% |
| 76 | ARES MANAGEMENT CORPORATION | ARES-PB | 8,353 | $1.4M | 0.55% |
| 77 | PROFOUND MED CORP | PROF | 240,918 | $1.4M | 0.54% |
| 78 | GLOBAL PMTS INC | 37940X102 | 17,714 | $1.4M | 0.54% |
| 79 | TETRA TECH INC NEW | TTEK | 39,050 | $1.4M | 0.53% |
| 80 | NV5 GLOBAL INC | 62945V109 | 59,000 | $1.4M | 0.51% |
| 81 | FIRSTCASH HOLDINGS INC | FCFS | 10,000 | $1.4M | 0.51% |
| 82 | CAMECO CORP | CCJ | 18,119 | $1.3M | 0.51% |
| 83 | KIRBY CORP | KEX | 11,745 | $1.3M | 0.50% |
| 84 | HIMAX TECHNOLOGIES INC | HIMX | 149,093 | $1.3M | 0.50% |
| 85 | EURONET WORLDWIDE INC | EEFT | 13,000 | $1.3M | 0.50% |
| 86 | SUNRISE COMMUNICATIONS AG | SNNRF | 22,540 | $1.3M | 0.48% |
| 87 | WIX COM LTD | WIX | 7,750 | $1.2M | 0.46% |
| 88 | VISTRA CORP | VST | 6,220 | $1.2M | 0.46% |
| 89 | WEX INC | WEX | 8,200 | $1.2M | 0.46% |
| 90 | LULULEMON ATHLETICA INC | LULU | 5,000 | $1.2M | 0.45% |
| 91 | DOLBY LABORATORIES INC | DLB | 15,900 | $1.2M | 0.45% |
| 92 | DENNYS CORP | 24869P104 | 287,885 | $1.2M | 0.45% |
| 93 | PAGERDUTY INC | PD | 75,000 | $1.1M | 0.43% |
| 94 | RANPAK HOLDINGS CORP | PACK | 320,933 | $1.1M | 0.43% |
| 95 | VERICEL CORP | VCEL | 25,824 | $1.1M | 0.42% |
| 96 | GROCERY OUTLET HLDG CORP | GO | 87,256 | $1.1M | 0.41% |
| 97 | HUNT J B TRANS SVCS INC | 445658107 | 7,000 | $1.0M | 0.38% |
| 98 | XPONENTIAL FITNESS INC | XPOF | 128,593 | $963,162 | 0.36% |
| 99 | LEVI STRAUSS & CO NEW | LEVI | 47,285 | $874,300 | 0.33% |
| 100 | V F CORP | VFC | 69,513 | $816,778 | 0.31% |
| 101 | SIMILARWEB LTD | SMWB | 100,000 | $784,000 | 0.30% |
| 102 | RIMINI STR INC DEL | 76674Q107 | 200,000 | $754,000 | 0.28% |
| 103 | VERACYTE INC | VCYT | 27,000 | $729,810 | 0.28% |
| 104 | RXO INC | RXO | 45,000 | $707,400 | 0.27% |
| 105 | KINDERCARE LEARNING COMPANIE | KLC | 69,667 | $703,637 | 0.27% |
| 106 | SEMRUSH HLDGS INC | SEMR | 75,000 | $678,750 | 0.26% |
| 107 | FOX FACTORY HLDG CORP | FOXF | 23,965 | $621,652 | 0.23% |
| 108 | BELLRING BRANDS INC | BRBR | 10,659 | $617,476 | 0.23% |
| 109 | BEL FUSE INC | BELFB | 6,000 | $586,140 | 0.22% |
| 110 | LEAR CORP | LEA | 5,777 | $548,699 | 0.21% |
| 111 | CALIX INC | CALX | 10,000 | $531,900 | 0.20% |
| 112 | CIMPRESS PLC | CMPR | 11,300 | $531,100 | 0.20% |
| 113 | RINGCENTRAL INC | RNG | 17,061 | $483,679 | 0.18% |
| 114 | BUILDERS FIRSTSOURCE INC | BLDR | 4,000 | $466,760 | 0.18% |
| 115 | META PLATFORMS INC | META | 500 | $369,045 | 0.14% |
| 116 | SMUCKER J M CO | 832696405 | 2,981 | $292,734 | 0.11% |
| 117 | CENTURY CASINOS INC | CNTY | 136,647 | $289,008 | 0.11% |
| 118 | INTERNATIONAL MNY EXPRESS IN | INTR | 22,058 | $222,565 | 0.08% |
| 119 | PALOMAR HLDGS INC | PLMR | 1,254 | $193,430 | 0.07% |