Sand Grove Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$53.3M |
| 2 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$30.5M |
| 3 |
OSH
Oak Street Health, Inc.
OSH
|
+$22.2M |
| 4 |
Albertsons Companies
ACI
|
+$20.8M |
| 5 |
RADI
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
|
+$17.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ONEM
1Life Healthcare
ONEM
|
+$89.7M |
| 2 |
SJI
South Jersey Industries, Inc.
SJI
|
+$82.5M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$80.3M |
| 4 |
MGI
MoneyGram International, Inc. New
MGI
|
+$74.6M |
| 5 |
STOR
STORE Capital Corporation
STOR
|
+$58.1M |
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% |
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.