Q3 2025 · 13F-HR
FORMULA GROWTH LTDholdings as filed
Filed 2025-11-13 · accession 0001011438-25-000530
$281.1M
Reported value
122
Positions
2025-09-30
Period end
The Brief · FORMULA GROWTH LTD · Q3 2025
AI · grounded in 13F
FORMULA GROWTH LTD established a new position in LATHAM GROUP INC SWIM valued at $7.5M. The fund also initiated new stakes in JAMES HARDIE INDS PLC JHX for $7.2M and ATLASSIAN CORPORATION TEAM for $6.4M. Additional new positions include STRATASYS LTD SSYS and MICRON TECHNOLOGY INC MU, both valued at approximately $6.4M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 51819L107 | SWIM | LATHAM GROUP INC | $7.5M | 2.68% | 989,033 | Common | SOLE |
| G4253H101 | JHX | JAMES HARDIE INDS PLC | $7.2M | 2.58% | 376,840 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $6.4M | 2.27% | 40,000 | Common | SOLE |
| M85548101 | SSYS | STRATASYS LTD | $6.4M | 2.27% | 570,000 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $6.4M | 2.26% | 38,000 | Common | SOLE |
| 75321W103 | PACK | RANPAK HOLDINGS CORP | $5.8M | 2.05% | 1,025,233 | Common | SOLE |
| 125141101 | CECO | CECO ENVIRONMENTAL CORP | $5.4M | 1.93% | 105,691 | Common | SOLE |
| 535219109 | LIND | LINDBLAD EXPEDITIONS HLDGS I | $5.3M | 1.90% | 416,703 | Common | SOLE |
| 126327105 | LAW | CS DISCO INC | $5.3M | 1.88% | 820,000 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $5.0M | 1.79% | 95,000 | Common | SOLE |
| 92645B103 | VCTR | VICTORY CAP HLDGS INC | $4.9M | 1.76% | 76,327 | Common | SOLE |
| 120076104 | BBW | BUILD-A-BEAR WORKSHOP INC | $4.8M | 1.72% | 74,296 | Common | SOLE |
| 904311206 | UA | UNDER ARMOUR INC | $4.8M | 1.72% | 1,000,000 | Common | SOLE |
| 36317J209 | GLXY | GALAXY DIGITAL INC. | $4.7M | 1.67% | 139,195 | Common | SOLE |
| 03937C105 | ARCB | ARCBEST CORP | $4.7M | 1.66% | 66,638 | Common | SOLE |
| 45784P101 | PODD | INSULET CORP | $4.6M | 1.65% | 15,047 | Common | SOLE |
| 01625V104 | ALHC | ALIGNMENT HEALTHCARE INC | $4.3M | 1.54% | 248,208 | Common | SOLE |
| 900450206 | TBCH | TURTLE BEACH CORP | $4.1M | 1.47% | 260,075 | Common | SOLE |
| 00737L103 | CVSA | ADTALEM GLOBAL ED INC | $4.1M | 1.46% | 26,550 | Common | SOLE |
| M7S64H106 | MNDY | MONDAY COM LTD | $3.9M | 1.38% | 20,000 | Common | SOLE |
| 42226A107 | HQY | HEALTHEQUITY INC | $3.8M | 1.37% | 40,590 | Common | SOLE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $3.8M | 1.34% | 62,388 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $3.7M | 1.31% | 75,000 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $3.6M | 1.28% | 200,000 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $3.5M | 1.26% | 285,720 | Common | SOLE |
| 518613203 | LAUR | LAUREATE EDUCATION INC | $3.5M | 1.25% | 111,000 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $3.4M | 1.21% | 85,000 | Common | SOLE |
| 29261A100 | EHC | ENCOMPASS HEALTH CORP | $3.4M | 1.21% | 26,700 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $3.4M | 1.21% | 31,259 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $3.4M | 1.20% | 169,676 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $3.1M | 1.10% | 34,725 | Common | SOLE |
| 050734201 | AEYE | AUDIOEYE INC | $3.0M | 1.08% | 220,000 | Common | SOLE |
| 10950A106 | BTSG | BRIGHTSPRING HEALTH SVCS INC | $3.0M | 1.07% | 101,400 | Common | SOLE |
| 983793100 | XPO | XPO INC | $3.0M | 1.06% | 23,000 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $2.9M | 1.04% | 38,189 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $2.9M | 1.03% | 29,500 | Common | SOLE |
| G3323L100 | FN | FABRINET | $2.9M | 1.02% | 7,900 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $2.9M | 1.02% | 34,000 | Common | SOLE |
| 68628V308 | ORN | ORION GROUP HLDGS INC | $2.8M | 1.00% | 338,883 | Common | SOLE |
| 14167L103 | CDNA | CAREDX INC | $2.8M | 0.99% | 192,293 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $2.8M | 0.99% | 347,300 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $2.8M | 0.99% | 33,359 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $2.8M | 0.98% | 95,323 | Common | SOLE |
| 74967X103 | RH | RH | $2.8M | 0.98% | 13,553 | Common | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $2.7M | 0.98% | 6,550 | Common | SOLE |
| 83545G102 | SAH | SONIC AUTOMOTIVE INC | $2.7M | 0.97% | 35,800 | Common | SOLE |
| 05465C100 | AX | AXOS FINANCIAL INC | $2.6M | 0.92% | 30,624 | Common | SOLE |
| 71944F106 | PHR | PHREESIA INC | $2.6M | 0.92% | 109,534 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $2.6M | 0.91% | 6,000 | Common | SOLE |
| 252131107 | DXCM | DEXCOM INC | $2.5M | 0.90% | 37,533 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $2.5M | 0.89% | 25,000 | Common | SOLE |
| 69553P100 | PD | PAGERDUTY INC | $2.3M | 0.82% | 140,000 | Common | SOLE |
| 632307104 | NTRA | NATERA INC | $2.3M | 0.82% | 14,290 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $2.2M | 0.79% | 10,946 | Common | SOLE |
| 30219Q106 | EXFY | EXPENSIFY INC | $2.1M | 0.76% | 1,150,000 | Common | SOLE |
| 901109108 | TPC | TUTOR PERINI CORP | $2.0M | 0.70% | 30,000 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $1.9M | 0.69% | 21,000 | Common | SOLE |
| 65290E101 | NXT | NEXTRACKER INC | $1.8M | 0.66% | 25,000 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $1.8M | 0.66% | 15,500 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $1.8M | 0.64% | 34,000 | Common | SOLE |
| 04342Y104 | ASAN | ASANA INC | $1.7M | 0.62% | 130,000 | Common | SOLE |
| 83089J108 | SKYT | SKYWATER TECHNOLOGY INC | $1.7M | 0.60% | 90,000 | Common | SOLE |
| G61188127 | LBTYK | LIBERTY GLOBAL LTD | $1.7M | 0.60% | 142,702 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $1.6M | 0.59% | 131,198 | Common | SOLE |
| 83125X103 | SNBR | SLEEP NUMBER CORP | $1.6M | 0.58% | 231,793 | Common | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $1.6M | 0.58% | 17,053 | Common | SOLE |
| 501270102 | KRUS | KURA SUSHI USA INC | $1.6M | 0.56% | 26,717 | Common | SOLE |
| 33768G107 | FCFS | FIRSTCASH HOLDINGS INC | $1.6M | 0.56% | 10,000 | Common | SOLE |
| 04010E109 | AGX | ARGAN INC | $1.5M | 0.55% | 5,700 | Common | SOLE |
| 68752L100 | KIDS | ORTHOPEDIATRICS CORP | $1.5M | 0.53% | 81,000 | Common | SOLE |
| 875372203 | TNDM | TANDEM DIABETES CARE INC | $1.5M | 0.53% | 122,096 | Common | SOLE |
| 436893200 | HOMB | HOME BANCSHARES INC | $1.5M | 0.52% | 51,912 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $1.4M | 0.49% | 7,750 | Common | SOLE |
| M8740S227 | TATT | TAT TECHNOLOGIES LTD | $1.4M | 0.48% | 30,801 | Common | SOLE |
| 24869P104 | DENN | DENNYS CORP | $1.4M | 0.48% | 258,885 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $1.3M | 0.46% | 39,050 | Common | SOLE |
| 501889208 | LKQ | LKQ CORP | $1.3M | 0.46% | 42,300 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $1.3M | 0.46% | 8,200 | Common | SOLE |
| G68707101 | PAGS | PAGSEGURO DIGITAL LTD | $1.3M | 0.46% | 128,820 | Common | SOLE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $1.2M | 0.44% | 5,800 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $1.2M | 0.43% | 13,933 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $1.2M | 0.42% | 15,326 | Common | SOLE |
| 76156B107 | RVLV | REVOLVE GROUP INC | $1.2M | 0.42% | 55,000 | Common | SOLE |
| 25659T107 | DLB | DOLBY LABORATORIES INC | $1.2M | 0.41% | 15,900 | Common | SOLE |
| 55616P104 | M | MACYS INC | $1.1M | 0.41% | 64,000 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $1.1M | 0.41% | 13,000 | Common | SOLE |
| 35138V102 | FOXF | FOX FACTORY HLDG CORP | $1.1M | 0.40% | 46,506 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $1.1M | 0.39% | 47,285 | Common | SOLE |
| 902685106 | 7WH | UDEMY INC | $1.1M | 0.38% | 152,000 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $1.0M | 0.37% | 10,100 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $1.0M | 0.36% | 14,000 | Common | SOLE |
| 918204108 | VFC | V F CORP | $1.0M | 0.36% | 69,513 | Common | SOLE |
| 74319B502 | PROF | PROFOUND MED CORP | $992,269 | 0.35% | 202,918 | Common | SOLE |
| 077347300 | BELFB | BEL FUSE INC | $987,140 | 0.35% | 7,000 | Common | SOLE |
| 497266106 | KEX | KIRBY CORP | $980,120 | 0.35% | 11,745 | Common | SOLE |
| 98980B103 | ZIP | ZIPRECRUITER INC | $970,600 | 0.35% | 230,000 | Common | SOLE |
| 98422X101 | XPOF | XPONENTIAL FITNESS INC | $967,463 | 0.34% | 124,193 | Common | SOLE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $939,190 | 0.33% | 7,000 | Common | SOLE |
| 92337F107 | VCYT | VERACYTE INC | $926,910 | 0.33% | 27,000 | Common | SOLE |
| 00510N102 | TIC | ACUREN CORP | $904,880 | 0.32% | 67,985 | Common | SOLE |
| 346232101 | FOR | FORESTAR GROUP INC | $850,880 | 0.30% | 32,000 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $838,750 | 0.30% | 25,000 | Common | SOLE |
| 92346J108 | VCEL | VERICEL CORP | $812,681 | 0.29% | 25,824 | Common | SOLE |
| 03980N107 | ARDT | ARDENT HEALTH INC | $743,312 | 0.26% | 56,099 | Common | SOLE |
| G2143T103 | CMPR | CIMPRESS PLC | $712,352 | 0.25% | 11,300 | Common | SOLE |
| 94419L101 | W | WAYFAIR INC | $695,255 | 0.25% | 7,783 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $692,100 | 0.25% | 45,000 | Common | SOLE |
| 76680R206 | RNG | RINGCENTRAL INC | $651,820 | 0.23% | 23,000 | Common | SOLE |
| 13100M509 | CALX | CALIX INC | $613,700 | 0.22% | 10,000 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $607,100 | 0.22% | 5,000 | Common | SOLE |
| 42328H109 | HLIO | HELIOS TECHNOLOGIES INC | $573,430 | 0.20% | 11,000 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $485,000 | 0.17% | 4,000 | Common | SOLE |
| 43538H103 | HLLY | HOLLEY INC | $471,000 | 0.17% | 150,000 | Common | SOLE |
| 49456W105 | KLC | KINDERCARE LEARNING COMPANIE | $462,589 | 0.16% | 69,667 | Common | SOLE |
| 019330109 | ALNT | ALLIENT INC | $447,500 | 0.16% | 10,000 | Common | SOLE |
| 49845K101 | KVYO | KLAVIYO INC | $415,350 | 0.15% | 15,000 | Common | SOLE |
| 07831C103 | BRBR | BELLRING BRANDS INC | $387,455 | 0.14% | 10,659 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $367,190 | 0.13% | 500 | Common | SOLE |
| 80517M109 | SVV | SAVERS VALUE VLG INC | $357,750 | 0.13% | 27,000 | Common | SOLE |
| 156492100 | CNTY | CENTURY CASINOS INC | $356,649 | 0.13% | 136,647 | Common | SOLE |
| 91733P107 | USAR | USA RARE EARTH INC | $343,800 | 0.12% | 20,000 | Common | SOLE |
| 46005L101 | IMXI | INTERNATIONAL MNY EXPRESS IN | $308,150 | 0.11% | 22,058 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.