Formula Growth Ltd Buys IAA Inc, FedEx Corp, Owens-Corning Inc, Sells Electronics for Imaging Inc, PagSeguro Digital, KBR Inc

Investment company Formula Growth Ltd (Current Portfolio) buys IAA Inc, FedEx Corp, Owens-Corning Inc, Visteon Corp, Archer-Daniels Midland Co, sells Electronics for Imaging Inc, PagSeguro Digital, KBR Inc, Arconic Inc, Alamos Gold Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Formula Growth Ltd. As of 2019Q2, Formula Growth Ltd owns 150 stocks with a total value of $700 million. These are the details of the buys and sells.

For the details of FORMULA GROWTH LTD's stock buys and sells, go to https://www.gurufocus.com/guru/formula+growth+ltd/current-portfolio/portfolio

These are the top 5 holdings of FORMULA GROWTH LTD
  1. Owens-Corning Inc (OC) - 656,290 shares, 5.45% of the total portfolio. Shares added by 28.36%
  2. Nuance Communications Inc (NUAN) - 1,591,500 shares, 3.63% of the total portfolio. Shares reduced by 1.21%
  3. Builders FirstSource Inc (BLDR) - 1,411,084 shares, 3.40% of the total portfolio. Shares reduced by 4.85%
  4. Under Armour Inc (UA) - 1,013,000 shares, 3.21% of the total portfolio. Shares reduced by 9.23%
  5. Instructure Inc (INST) - 512,237 shares, 3.11% of the total portfolio. Shares added by 10.96%
New Purchase: IAA Inc (IAA)

Formula Growth Ltd initiated holding in IAA Inc. The purchase prices were between $36.57 and $40, with an estimated average price of $38.68. The stock is now traded at around $47.35. The impact to a portfolio due to this purchase was 1.63%. The holding were 293,546 shares as of .

New Purchase: FedEx Corp (FDX)

Formula Growth Ltd initiated holding in FedEx Corp. The purchase prices were between $152.34 and $198.15, with an estimated average price of $175.21. The stock is now traded at around $157.62. The impact to a portfolio due to this purchase was 1.41%. The holding were 60,000 shares as of .

New Purchase: Archer-Daniels Midland Co (ADM)

Formula Growth Ltd initiated holding in Archer-Daniels Midland Co. The purchase prices were between $38.32 and $44.6, with an estimated average price of $41.39. The stock is now traded at around $37.46. The impact to a portfolio due to this purchase was 0.9%. The holding were 155,000 shares as of .

New Purchase: 2U Inc (TWOU)

Formula Growth Ltd initiated holding in 2U Inc. The purchase prices were between $34.44 and $73.39, with an estimated average price of $49.14. The stock is now traded at around $18.93. The impact to a portfolio due to this purchase was 0.81%. The holding were 150,000 shares as of .

New Purchase: Altra Industrial Motion Corp (AIMC)

Formula Growth Ltd initiated holding in Altra Industrial Motion Corp. The purchase prices were between $31.37 and $37.78, with an estimated average price of $34.49. The stock is now traded at around $25.04. The impact to a portfolio due to this purchase was 0.67%. The holding were 130,000 shares as of .

New Purchase: Renewable Energy Group Inc (REGI)

Formula Growth Ltd initiated holding in Renewable Energy Group Inc. The purchase prices were between $13.54 and $24.12, with an estimated average price of $18.47. The stock is now traded at around $10.60. The impact to a portfolio due to this purchase was 0.49%. The holding were 218,402 shares as of .

Added: Owens-Corning Inc (OC)

Formula Growth Ltd added to a holding in Owens-Corning Inc by 28.36%. The purchase prices were between $48.34 and $58.2, with an estimated average price of $51.07. The stock is now traded at around $57.00. The impact to a portfolio due to this purchase was 1.2%. The holding were 656,290 shares as of .

Added: Visteon Corp (VC)

Formula Growth Ltd added to a holding in Visteon Corp by 109.58%. The purchase prices were between $44.51 and $82.6, with an estimated average price of $61.17. The stock is now traded at around $68.35. The impact to a portfolio due to this purchase was 0.91%. The holding were 208,475 shares as of .

Added: Vonage Holdings Corp (VG)

Formula Growth Ltd added to a holding in Vonage Holdings Corp by 230.10%. The purchase prices were between $9.11 and $12.12, with an estimated average price of $10.81. The stock is now traded at around $13.47. The impact to a portfolio due to this purchase was 0.71%. The holding were 631,220 shares as of .

Added: Nokia Oyj (NOK)

Formula Growth Ltd added to a holding in Nokia Oyj by 81.67%. The purchase prices were between $4.77 and $5.96, with an estimated average price of $5.27. The stock is now traded at around $5.17. The impact to a portfolio due to this purchase was 0.7%. The holding were 2,180,000 shares as of .

Added: Zuora Inc (ZUO)

Formula Growth Ltd added to a holding in Zuora Inc by 52.04%. The purchase prices were between $13.26 and $22.87, with an estimated average price of $18.99. The stock is now traded at around $14.18. The impact to a portfolio due to this purchase was 0.58%. The holding were 774,261 shares as of .

Added: Norbord Inc (OSB)

Formula Growth Ltd added to a holding in Norbord Inc by 59.26%. The purchase prices were between $19.51 and $27.02, with an estimated average price of $23.57. The stock is now traded at around $23.23. The impact to a portfolio due to this purchase was 0.57%. The holding were 430,000 shares as of .

Sold Out: Electronics for Imaging Inc (EFII)

Formula Growth Ltd sold out a holding in Electronics for Imaging Inc. The sale prices were between $27.66 and $38, with an estimated average price of $35.75.

Sold Out: KBR Inc (KBR)

Formula Growth Ltd sold out a holding in KBR Inc. The sale prices were between $19.4 and $24.94, with an estimated average price of $22.35.

Sold Out: Arconic Inc (ARNC)

Formula Growth Ltd sold out a holding in Arconic Inc. The sale prices were between $19.58 and $25.82, with an estimated average price of $21.98.

Sold Out: Shutterfly Inc (SFLY)

Formula Growth Ltd sold out a holding in Shutterfly Inc. The sale prices were between $38.29 and $50.72, with an estimated average price of $45.65.

Sold Out: AECOM (ACM)

Formula Growth Ltd sold out a holding in AECOM. The sale prices were between $30.51 and $37.85, with an estimated average price of $33.19.

Sold Out: Stericycle Inc (SRCL)

Formula Growth Ltd sold out a holding in Stericycle Inc. The sale prices were between $44.45 and $58.39, with an estimated average price of $50.89.



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