Data as of Q4 2025 (Dec 31, 2025)

Sand Grove Capital Management LLP

โ€ขCIK: 1665077โ€ขFiling: Q4 2025

Sand Grove Capital Management LLP oversees $295M in assets, with a concentrated portfolio of 12 positions. The firm's top holdings include TXNM, WBD, and EA, which collectively account for $92.9M, or approximately 31.5% of total AUM. Notable allocations also include HOLX, NSC, and RNAM, which comprise an additional $76.6M, or 26% of the portfolio. The manager's largest position, TXNM, represents 11.9% of AUM, with a value of $35.1M.

Total AUM
$295.0M
QoQ Performance
+44.1%
Positions
12
Top 10 Concentration
88.7%
Latest Filing
Q4 2025

Top Holdings Allocation

TXNM
WBD
EA
HOLX
NSC
RNAGBP
DVAX
AM6
TXNM11.9%
WBD9.9%
EA9.7%
HOLX9.5%
NSC8.3%
RNAGBP8.1%
DVAX8.0%
AM68.0%

๐Ÿ“ˆ Biggest Buys

WBD
WARNER BROS DISCOVERY INC
NEW
9.9% of portfolio
HOLX
HOLOGIC INC
NEW
9.5% of portfolio
RNAGBP
AVIDITY BIOSCIENCES INC
NEW
8.1% of portfolio
DVAX
DYNAVAX TECHNOLOGIES CORP
NEW
8.0% of portfolio
AM6
AMICUS THERAPEUTICS INC
NEW
8.0% of portfolio

๐Ÿ“‰ Biggest Sells

No reductions this quarter

Sector Breakdown

Other100.0%

๐Ÿšช Exited Positionssold since Q3 2025

KEL
KELLANOVA
SOLD
$26.7M
2GH
MERUS N V
SOLD
$22.5M
STAA
STAAR SURGICAL CO
SOLD
$22.3M
CYBR
CYBERARK SOFTWARE LTD
SOLD
$18.9M
OMC
OMNICOM GROUP INC
SOLD
$15.1M
+4 more exited positions

Changes from Q3 2025

NEW9 new positions
โ†‘3 increased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023