Sand Grove Capital Management LLP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Sand Grove Capital Management LLP disclosed 12 US equity positions worth $295.0m in its Q4 2025 13F filing. The largest position was TXNM at 11.9% of the reported book, followed by WBD and EA. Against the Q3 2025 filing, it opened 9 new positions, added to 2 and reduced 0 among the top 12 holdings.
What did Sand Grove Capital Management LLP own in Q4 2025? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TXNM TXNM ENERGY INC | Utilities | 11.9% | $35.1m | 596,592 | 1% | added |
| 2 | WBD WARNER BROS DISCOVERY INC | Communication Services | 9.9% | $29.3m | 1,017,144 | – | new |
| 3 | EA ELECTRONIC ARTS INC | Communication Services | 9.7% | $28.5m | 139,595 | 25% | added |
| 4 | HO1 HOLOGIC INC | 9.5% | $28.2m | 377,962 | – | new | |
| 5 | NSC NORFOLK SOUTHN CORP | Industrials | 8.3% | $24.5m | 84,786 | 0% | held |
| 6 | RNAGBP AVIDITY BIOSCIENCES INC | 8.1% | $23.9m | 331,605 | – | new | |
| 7 | DVAX DYNAVAX TECHNOLOGIES CORP | 8.0% | $23.5m | 1,528,853 | – | new | |
| 8 | AM6 AMICUS THERAPEUTICS INC | 8.0% | $23.5m | 1,647,030 | – | new | |
| 9 | EXK EXACT SCIENCES CORP | Basic Materials | 7.9% | $23.2m | 228,799 | – | new |
| 10 | KVUE KENVUE INC | Consumer Defensive | 7.4% | $21.9m | 1,270,766 | – | new |
| 11 | CDTX CIDARA THERAPEUTICS INC | 6.1% | $17.9m | 80,821 | – | new | |
| 12 | AXALTA COATING SYS LTD | 5.2% | $15.5m | 479,281 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.