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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
+4.91%
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
$739M
AUM Growth
-$307M
Cap. Flow
-$286M
Cap. Flow %
-38.65%
Top 10 Hldgs %
77.2%
Holding
40
New
19
Increased
3
Reduced
4
Closed
13

Sector Composition

Rank Sector Weight
1 Technology 33.51%
2 Healthcare 20.95%
3 Communication Services 15.15%
4 Financials 11.76%
5 Consumer Staples 2.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
SJR
1
DELISTED
Shaw Communications Inc.
SJR
$105M 14.18%
3,503,504
+12,622
+0.4% +$366K
HZNP
2
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
$89.7M 12.14%
822,111
+482,462
+142% +$53.3M
FHN icon
3
First Horizon
FHN
$12.1B
$79.7M 10.77%
4,479,936
+716,629
+19% +$15.9M
TSEM icon
4
Tower Semiconductor
TSEM
$23.9B
$71.5M 9.68%
1,684,599
BKI
5
DELISTED
Black Knight, Inc. Common Stock
BKI
$58M 7.85%
1,007,801
-486,781
-33% -$29.1M
SIMO icon
6
Silicon Motion
SIMO
$8.65B
$56.7M 7.67%
865,012
-196,043
-18% -$12.9M
SGEN
7
DELISTED
Seagen Inc. Common Stock
SGEN
$38.5M 5.21%
+190,396
New +$30.5M
OSH
8
DELISTED
Oak Street Health, Inc.
OSH
$26.6M 3.6%
+688,813
New +$22.2M
MAXR
9
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
$24.2M 3.27%
474,154
-260,592
-35% -$13.3M
ACI icon
10
Albertsons Companies
ACI
$5.63B
$20.9M 2.83%
+1,008,026
New +$20.8M
ATVI
11
CALL
DELISTED
Activision Blizzard
ATVI
$19.4M 2.63%
+227,000
New +$17.6M
RADI
12
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
$19M 2.57%
+1,294,404
New +$17.5M
LNG icon
13
CALL
Cheniere Energy
LNG
$54.1B
$14.9M 2.02%
+94,700
New +$14.3M
NATI
14
DELISTED
National Instruments Corp
NATI
$14.2M 1.92%
+271,300
New +$13.6M
NATI
15
CALL
DELISTED
National Instruments Corp
NATI
$14.2M 1.91%
+270,000
New +$13.5M
SUMO
16
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
$13.6M 1.84%
+1,136,388
New +$12.4M
CEG icon
17
CALL
Constellation Energy
CEG
$94.1B
$13.1M 1.77%
+166,600
New +$13.5M
VMW
18
DELISTED
VMware, Inc
VMW
$8.77M 1.19%
70,249
-89,216
-56% -$10.7M
AER icon
19
AerCap
AER
$24.1B
$8.44M 1.14%
+150,000
New +$8.97M
AER icon
20
PUT
AerCap
AER
$24.1B
$8.44M 1.14%
+150,000
New +$8.97M
NWSA icon
21
News Corp Class A
NWSA
$15.2B
$7.17M 0.97%
+415,000
New +$7.58M
NATI
22
PUT
DELISTED
National Instruments Corp
NATI
$6.97M 0.94%
+133,000
New +$6.67M
CMA
23
DELISTED
Comerica
CMA
$6.56M 0.89%
+151,000
New +$9.68M
CMA
24
PUT
DELISTED
Comerica
CMA
$6.56M 0.89%
+151,000
New +$9.68M
ACI icon
25
PUT
Albertsons Companies
ACI
$5.63B
$5.76M 0.78%
+277,100
New +$5.72M

Similar funds

Sand Grove Capital Management's Q1 2023 Portfolio in Review

As of Q1 2023, Sand Grove Capital Management held 40 positions worth $739M, down 29% from $1.05B the previous quarter. Its ten largest holdings account for 77% of the portfolio.

Sand Grove Capital Management withdrew a net $286M in Q1 2023, closing 13 positions and reducing 4 holdings. Its most notable exit was 1Life Healthcare, an estimated $89.7M position sold in full.

By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 41% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Sand Grove Capital Management opened a new position in Seagen Inc. Common Stock worth $38.5M.

  • Sand Grove Capital Management's largest Q1 2023 buy was Seagen Inc. Common Stock: 190,396 shares worth $38.5M.
  • Sand Grove Capital Management added most to Horizon Therapeutics Public Limited Company Ordinary Shares in Q1 2023, an estimated $53.3M increase.
  • Sand Grove Capital Management's biggest Q1 2023 reduction was Black Knight, Inc. Common Stock, cutting an estimated $29.1M.
  • Sand Grove Capital Management fully exited 1Life Healthcare in Q1 2023, selling an estimated $89.7M.
  • Sand Grove Capital Management's ten largest holdings make up 77% of its $739M portfolio in Q1 2023.
  • Sand Grove Capital Management opened 19 new positions and closed 13 in Q1 2023.
  • Sand Grove Capital Management's portfolio value fell 29% quarter-over-quarter to $739M.

Based on Sand Grove Capital Management's 13F filing for Q1 2023, filed 15 May 2023.