Sand Grove Capital Management LLP: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1665077) · Explore on the interactive board
Sand Grove Capital Management LLP disclosed 13 US equity positions worth $357.4m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is TWO HARBORS INVENTMENT CORPO at 15.6% of the reported book, followed by WBD, AAUC. The top ten holdings are 87.8% of the book, and the portfolio behaves like about 11 equal-weight positions. Versus the prior filing it opened 5 new positions, added to 4, reduced 4 and exited 10. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Sand Grove Capital Management LLP own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 5 new, 4 added, 4 reduced, 10 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | TWO HARBORS INVENTMENT CORPO | 15.6% | $55.8m | 4,494,970 | 45% | added | |
| 2 | WBD WARNER BROS DISCOVERY INC | Communication Services | 11.0% | $39.3m | 1,475,644 | 2% | added |
| 3 | AAUC ALLIED GOLD CORP | Basic Materials | 8.9% | $31.9m | 1,345,274 | 18% | added |
| 4 | WED WEBSTER FINL CORP | 8.9% | $31.7m | 414,723 | -27% | reduced | |
| 5 | NSC NORFOLK SOUTHN CORP | Industrials | 8.7% | $31.2m | 99,091 | -5% | reduced |
| 6 | TXNM TXNM ENERGY INC | Utilities | 8.0% | $28.8m | 506,546 | -23% | reduced |
| 7 | AES AES CORP | Utilities | 7.7% | $27.5m | 1,872,474 | 8% | added |
| 8 | TECH BIO-TECHNE CORP | Healthcare | 7.3% | $26.2m | 370,990 | – | new |
| 9 | ROKU ROKU INC | Communication Services | 6.4% | $23.0m | 166,158 | – | new |
| 10 | EA ELECTRONIC ARTS INC | Communication Services | 5.2% | $18.7m | 90,986 | -37% | reduced |
| 11 | 8HH AVANOS MED INC | 5.0% | $18.0m | 722,880 | – | new | |
| 12 | SYNA SYNAPTICS INC | Technology | 4.4% | $15.9m | 127,811 | – | new |
| 13 | UNF UNIFIRST CORP MASS | Industrials | 2.7% | $9.6m | 36,266 | – | new |
What did Sand Grove Capital Management LLP sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| PEN PENUMBRA INC | 18.3% | $28.5m |
| IHS IHS HOLDING LIMITED | 18.1% | $28.2m |
| SLAB SILICON LABORATORIES INC | 15.1% | $23.4m |
| CWAN CLEARWATER ANALYTICS HLDGS I | 14.2% | $22.0m |
| VALARIS LTD | 11.0% | $17.0m |
| GLDD GREAT LAKES DREDGE & DOCK CO | 9.8% | $15.2m |
| DVN DEVON ENERGY CORP NEW | 4.1% | $6.3m |
| CTRA COTERRA ENERGY INC | 4.1% | $6.3m |
| 430 TERNS PHARMACEUTICALS INC | 2.8% | $4.3m |
| ENHABIT INC | 2.6% | $4.1m |
Sector mix
| Sector | Weight |
|---|---|
| Communication Services | 22.6% |
| Utilities | 15.7% |
| Industrials | 11.4% |
| Basic Materials | 8.9% |
| Healthcare | 7.3% |
| Technology | 4.4% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Sand Grove Capital Management LLP's portfolio?
Across every quarter Sand Grove Capital Management LLP has filed, its median largest position is 12.4% of the book and its median top-ten weight is 82.4%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 10.0 completed holding spells, the median lasted 1.0 quarters; 13.0 positions are still open and their final length is unknown.