Sand Grove Capital Management LLP
13F Reported Value
ⓘ$383.2M
incl. option notional
Equity Holdings
ⓘ$357.4M
Option Notional
ⓘ$25.8M
$0 puts / $25.8M calls
Holdings
14
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Sand Grove Capital Management LLP disclosed 14 positions worth $383.2M in its Form 13F-HR for Q2 2026 — $357.4M in common stock plus $25.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $TWOD (TWO HARBORS INVESTMENT CORP.) at 15.6% of the equity portfolio, followed by $WBD and $AAUC. During the quarter the fund opened 6 new positions and exited 11 — including a new stake in $TECH and a full exit from $PEN. The portfolio is most concentrated in Communication Services (17.4% of disclosed assets). All figures are sourced directly from Sand Grove Capital Management LLP’s Form 13F-HR filing with the SEC under CIK 1665077.
AI Fund Analysis
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$55.8M4,494,970 sh - 41.4#2,060
Quality
$39.3M1,475,644 sh - —
Quality
$31.9M1,345,274 sh - 63.3
Quality
$31.7M414,723 sh - 63.2
Quality
$31.2M99,091 sh - 52.8
Quality
$28.8M506,546 sh - 58.6
Quality
$27.5M1,872,474 sh - 58.9
Quality
$26.2M370,990 sh - —
Quality
$25.8M209,100 sh - 66.7
Quality
$23.0M166,158 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 TWO HARBORS INVESTMENT CORP.$TWOD | — | $55.8M | 4,494,970 |
 Warner Bros. Discovery, Inc.$WBD | 41.4#2,060 | $39.3M | 1,475,644 |
 Allied Gold Corp$AAUC | — | $31.9M | 1,345,274 |
 WEBSTER FINANCIAL CORP$WBS | 63.3 | $31.7M | 414,723 |
 NORFOLK SOUTHERN CORP$NSC | 63.2 | $31.2M | 99,091 |
 TXNM ENERGY INC$TXNM | 52.8 | $28.8M | 506,546 |
 AES CORP$AES | 58.6 | $27.5M | 1,872,474 |
 BIO-TECHNE Corp$TECH | 58.9 | $26.2M | 370,990 |
 Nuvalent, Inc.$NUVLCALL | — | $25.8M | 209,100 |
 ROKU, INC$ROKU | 66.7 | $23.0M | 166,158 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Sand Grove Capital Management LLP's 14 positions.
Showing top 10 of 14 holdings.
Sector Allocation
Communication Services
$62.3M
Utilities
$56.2M
Real Estate
$55.8M
Healthcare
$44.2M
Technology
$34.5M
Materials
$31.9M
Financials
$31.7M
Industrials
$31.2M
Full Holdings — Sand Grove Capital Management LLP (Q2 2026)
All 14 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $TWOD | TWO HARBORS INVESTMENT CORP. | $55.8M | 15.6% | +45% | — |
| 2 | $WBD | Warner Bros. Discovery, Inc. | $39.3M | 11.0% | +2% | 41.4 |
| 3 | $AAUC | Allied Gold Corp | $31.9M | 8.9% | +18% | — |
| 4 | $WBS | WEBSTER FINANCIAL CORP | $31.7M | 8.9% | -27% | 63.3 |
| 5 | $NSC | NORFOLK SOUTHERN CORP | $31.2M | 8.7% | -5% | 63.2 |
| 6 | $TXNM | TXNM ENERGY INC | $28.8M | 8.1% | -23% | 52.8 |
| 7 | $AES | AES CORP | $27.5M | 7.7% | +8% | 58.6 |
| 8 | $TECH | BIO-TECHNE Corp | $26.2M | 7.3% | NEW | 58.9 |
| 9 | $NUVLCALL | Nuvalent, Inc. | $25.8M | — | NEW | — |
| 10 | $ROKU | ROKU, INC | $23.0M | 6.4% | NEW | 66.7 |
| 11 |  $EA | ELECTRONIC ARTS INC. | $18.7M | 5.2% | -37% | 62.9 |
| 12 |  $AVNS | AVANOS MEDICAL, INC. | $18.0M | 5.0% | NEW | 36.1 |
| 13 |  $SYNA | SYNAPTICS Inc | $15.9M | 4.4% | NEW | 36.6 |
| 14 |  $UNF | UNIFIRST CORP | $9.6M | 2.7% | NEW | 48 |
New Positions (6)
Exited Positions (11)
$PEN Penumbra Inc
$IHS IHS Holding Ltd
$SLAB SILICON LABORATORIES INC.
$CWAN Clearwater Analytics Holdings, Inc.
$VAL Valaris Ltd
$TERNCALL Terns Pharmaceuticals, Inc.
$GLDD Great Lakes Dredge & Dock CORP
$DVN DEVON ENERGY CORP/DE
$CTRA Coterra Energy Inc.$TERN Terns Pharmaceuticals, Inc.
$EHAB Enhabit, Inc.Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Sand Grove Capital Management LLP including:
Track Sand Grove Capital Management LLP's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Sand Grove Capital Management LLP and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Sand Grove Capital Management LLP
13F Pro is an AI hedge fund tracker and stock research platform. For Sand Grove Capital Management LLP (SEC CIK: 1665077), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Sand Grove Capital Management LLP's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.