Investment Fund Formula Growth Ltd Q3 2022 vs. Q4 2022 13F Holdings Analysis

As a professional investor, it is crucial to stay updated with the latest changes in the market. Understanding the performance of investment funds and monitoring their holdings plays a crucial role in decision-making. In this blog, we will analyze the changes in holdings of Formula Growth Ltd between Q3 2022 and Q4 2022.

Formula Growth Ltd is an investment management firm registered with the SEC that provides investment advisory solutions and services to individuals and institutions in the United States. The firm had more than $4.6 billion in assets under management as of Q4 2022.

Between Q3 2022 and Q4 2022, Formula Growth Ltd made significant changes to its holdings based on the 13F filings submitted to the SEC. The following are some of the notable changes in holdings:

- The firm purchased 450,000 shares of DBX ETF TR. The value of this acquisition was $12,609.

- Evolent Health Inc saw an increase in the number of shares held by Formula Growth Ltd from 261,120 in Q3 2022 to 330,820 in Q4 2022. However, the value of these shares decreased by 1% from $9,382 to $9,289.

- Formula Growth Ltd reduced its holdings of PagSeguro Digital Ltd by 34.6%. The number of shares held decreased from 975,286 in Q3 2022 to 965,286 in Q4 2022. The value of these shares also decreased substantially from $12,903 to $8,436.

- The number of shares held by Formula Growth Ltd in ServiceNow Inc increased from 10,000 in Q3 2022 to 21,000 in Q4 2022. This resulted in a 115.9% increase in share value from $3,776 to $8,153.

- Under Armour Inc saw a decrease in the number of shares held by Formula Growth Ltd from 925,000 in Q3 2022 to 800,000 in Q4 2022. Despite the decrease in the number of shares held, the value of these shares increased from $5,513 to $7,136, representing a 29.4% increase in value.

- Formula Growth Ltd reduced its holdings in StoneCo Ltd by 35.8%. The number of shares held decreased from 1,064,911 in Q3 2022 to 689,911 in Q4 2022. The value of these shares also decreased from $10,149 to $6,512.

- The firm reduced its holdings in Hologic Inc from 87,006 shares in Q3 2022 to 61,756 shares in Q4 2022. This resulted in a 17.7% decrease in share value from $5,614 to $4,619.

In conclusion, Formula Growth Ltd made significant changes to its holdings between Q3 and Q4 2022 based on the 13F filings submitted to the SEC. The firm invested in some new companies, reduced its holdings in others, and increased its stake in some existing positions. As an investor, it is essential to review and analyze these changes to make informed investment decisions.