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SGCM

Sand Grove Capital Management Portfolio holdings

AUM $444M
1-Year Est. Return 131.11%
This Fund
S&P 500
This Quarter Est. Return
+12.36%
1 Year Est. Return
+131.11%
3 Year Est. Return
+410.73%
5 Year Est. Return
+1,022.21%
10 Year Est. Return
+24,985.77%
AUM
$256M
AUM Growth
-$86M
Cap. Flow
-$94.9M
Cap. Flow %
-37.05%
Top 10 Hldgs %
84.11%
Holding
28
New
8
Increased
3
Reduced
4
Closed
13

Top Buys

Rank Stock Value
1
K
Kellanova
K
+$17.9M
2
FYBR
Frontier Communications
FYBR
+$15.6M
3
SPR
Spirit AeroSystems
SPR
+$14.9M
4
EVRI
Everi Holdings
EVRI
+$14.2M
5
SMAR
Smartsheet Inc.
SMAR
+$13.9M

Top Sells

Rank Stock Value
1
CERE
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
+$37.6M
2
HOLI
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
+$30.9M
3
ACI icon
Albertsons Companies
ACI
+$19.7M
4
SRDX
Surmodics
SRDX
+$14.9M
5
AGR
Avangrid, Inc.
AGR
+$10.8M

Sector Composition

Rank Sector Weight
1 Healthcare 22.98%
2 Technology 22.72%
3 Consumer Staples 15.74%
4 Energy 12.29%
5 Communication Services 8.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SBOW
26
DELISTED
SilverBow Resources, Inc.
SBOW
– –
-219,452
Closed -$8.3M
HOLI
27
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
– –
-1,426,177
Closed -$30.9M
ETRN
28
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
– –
-573,448
Closed -$7.44M
1
2

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AFA
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FWSM
First Wilshire Securities Management Pasadena, California $444M AUM 42.88% 1-Year Est. Return
TC
TownSquare Capital Provo, Utah $444M AUM 24.03% 1-Year Est. Return
BI
Bulldog Investors Saddle Brook, New Jersey $445M AUM 2.14% 1-Year Est. Return
RWM
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CMP
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Sand Grove Capital Management's Q3 2024 Portfolio in Review

As of Q3 2024, Sand Grove Capital Management held 28 positions worth $256M, down 25% from $342M the previous quarter. Its ten largest holdings account for 84% of the portfolio.

Sand Grove Capital Management withdrew a net $94.9M in Q3 2024, closing 13 positions and reducing 4 holdings. Its most notable exit was Cerevel Therapeutics Holdings, Inc. Common Stock, an estimated $37.6M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 35% a quarter earlier, followed by Technology and Consumer Staples.

Against the trend, Sand Grove Capital Management opened a new position in Kellanova worth $20.3M.

  • Sand Grove Capital Management's largest Q3 2024 buy was Kellanova: 250,946 shares worth $20.3M.
  • Sand Grove Capital Management added most to Squarespace, Inc. in Q3 2024, an estimated $9.61M increase.
  • Sand Grove Capital Management's biggest Q3 2024 reduction was Albertsons Companies, cutting an estimated $19.7M.
  • Sand Grove Capital Management fully exited Cerevel Therapeutics Holdings, Inc. Common Stock in Q3 2024, selling an estimated $37.6M.
  • Sand Grove Capital Management's ten largest holdings make up 84% of its $256M portfolio in Q3 2024.
  • Sand Grove Capital Management opened 8 new positions and closed 13 in Q3 2024.
  • Sand Grove Capital Management's portfolio value fell 25% quarter-over-quarter to $256M.

Based on Sand Grove Capital Management's 13F filing for Q3 2024, filed 14 Nov 2024.