Sand Grove Capital Management LLP — 13F Holdings & Portfolio
CIK 1665077 · latest 13F-HR filed 2026-08-14
Sand Grove Capital Management LLP manages $383.2M in 13F-reported U.S. long-equity assets across 14 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are TWO (14.56%), WBD (10.27%), AAUC (8.33%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions and exited 10; 2 existing positions rose in reported value and 4 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
| Name | Title / Status | Ownership | Type |
|---|
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- TWO HARBORS INVENTMENT CORPO$20.4M +57.8%
- AES CORP$3.0M +12.2%
Top Trims
- ELECTRONIC ARTS INC-$10.8M -36.8%
- TXNM ENERGY INC-$9.9M -25.7%
- WEBSTER FINL CORP-$7.6M -19.3%
- ALLIED GOLD CORP-$3.2M -9.1%
New Positions
- BIO-TECHNE CORP$26.2M
- ROKU INC$23.0M
- AVANOS MED INC$18.0M
- SYNAPTICS INC$15.9M
- UNIFIRST CORP MASS$9.6M
Exited Positions
- PENUMBRA INC$28.5M
- IHS HOLDING LIMITED$28.2M
- SILICON LABORATORIES INC$23.4M
- CLEARWATER ANALYTICS HLDGS I$22.0M
- VALARIS LTD$17.0M
Sand Grove Capital Management LLP Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | TWO HARBORS INVENTMENT CORPO | TWO | 90187B804 | $55.8M | 14.56% | 4,494,970 | SH |
| 2 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $39.3M | 10.27% | 1,475,644 | SH |
| 3 | ALLIED GOLD CORP | AAUC | 01921D204 | $31.9M | 8.33% | 1,345,274 | SH |
| 4 | WEBSTER FINL CORP | WBS | 947890109 | $31.7M | 8.27% | 414,723 | SH |
| 5 | NORFOLK SOUTHN CORP | NSC | 655844108 | $31.2M | 8.13% | 99,091 | SH |
| 6 | TXNM ENERGY INC | TXNM | 69349H107 | $28.8M | 7.51% | 506,546 | SH |
| 7 | AES CORP | AES | 00130H105 | $27.5M | 7.16% | 1,872,474 | SH |
| 8 | BIO-TECHNE CORP | TECH | 09073M104 | $26.2M | 6.84% | 370,990 | SH |
| 9 | NUVALENT INC Call | NUVL | 670703907 | $25.8M | 6.74% | 209,100 | SH |
| 10 | ROKU INC | ROKU | 77543R102 | $23.0M | 5.99% | 166,158 | SH |
| 11 | ELECTRONIC ARTS INC | EA | 285512109 | $18.7M | 4.87% | 90,986 | SH |
| 12 | AVANOS MED INC | AVNS | 05350V106 | $18.0M | 4.69% | 722,880 | SH |
| 13 | SYNAPTICS INC | SYNA | 87157D109 | $15.9M | 4.14% | 127,811 | SH |
| 14 | UNIFIRST CORP MASS | UNF | 904708104 | $9.6M | 2.50% | 36,266 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $383.2M | 14 | 0001665077-26-000013 |
| 2026-03-31 | 2026-05-15 | $444.2M | 19 | 0001665077-26-000011 |
| 2025-12-31 | 2026-02-17 | $295.0M | 12 | 0001665077-26-000003 |
| 2025-09-30 | 2025-11-14 | $204.7M | 12 | 0001665077-25-000009 |
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