Redwood Grove Capital
New York, NYfiles as Redwood Grove Capital, LLC
$395m in 25 US stocks at the end of 30 June 2026. The top 10 are 60.5% of the money. It changed about 13.4% of the portfolio this quarter.
Value
$395m
Stocks
25
Top 10 share
60.5%
Turnover
13.4%
What changed this quarter
New
Bought for the first time this quarter.
- Thermo Fisher ScientificTMO4.9% of the fund
- GFL EnvironmentalGFL2.0% of the fund
- Primoris ServicesPRIM1.6% of the fund
- OshkoshOSK1.2% of the fund
- Huron Consulting GroupHURN0.4% of the fund
Added
Bought more of a stock they already held.
- Elanco Animal HealthELAN9.5% of the fund+18%
- XylemXYL7.4% of the fund+68%
- Smurfit WestrockSW5.9% of the fund+11%
- QualcommQCOM5.4% of the fund+6%
- AmerescoAMRC3.8% of the fund+16%
- ICF InternationalICFI3.6% of the fund+6%
Cut
Sold some of their stake.
- AlphabetGOOG6.5% of the fund-12%
- HumanaHUM5.9% of the fund-49%
- First SolarFSLR5.1% of the fund-10%
- Shoals Technologies GroupSHLS4.4% of the fund-42%
- Ultra Clean HoldingsUCTT3.7% of the fund-38%
- Generac HoldingsGNRC3.1% of the fund-14%
- Bank of AmericaBAC3.1% of the fund-14%
- Array TechnologiesARRY2.5% of the fund-16%
Sold out
Sold their entire stake.
- Sanofi SASNY-100%
- MerckMRK-100%
Holdings
- GFL EnvironmentalGFL
- Share
- 2.0%
- Value
- $8m
- Shares
- 214,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Elanco Animal HealthELAN | 9.5% | $38m | 1,525,300 | +18% |
| XylemXYL | 7.4% | $29m | 246,112 | +68% |
| AlphabetGOOG | 6.5% | $25m | 72,081 | -12% |
| HumanaHUM | 5.9% | $23m | 59,070 | -49% |
| Smurfit WestrockSW | 5.9% | $23m | 500,636 | +11% |
| QualcommQCOM | 5.4% | $21m | 115,806 | +6% |
| IdexIEX | 5.3% | $21m | 92,100 | Held |
| First SolarFSLR | 5.1% | $20m | 85,200 | -10% |
| Thermo Fisher ScientificTMO | 4.9% | $19m | 38,800 | New |
| Iqvia HoldingsIQV | 4.6% | $18m | 93,500 | Held |
| Shoals Technologies GroupSHLS | 4.4% | $17m | 1,760,722 | -42% |
| International Flavors & FragrancesIFF | 4.4% | $17m | 219,682 | Held |
| AmerescoAMRC | 3.8% | $15m | 543,525 | +16% |
| Ultra Clean HoldingsUCTT | 3.7% | $14m | 101,458 | -38% |
| ICF InternationalICFI | 3.6% | $14m | 192,852 | +6% |
| FiservFISV | 3.2% | $13m | 257,632 | Held |
| Generac HoldingsGNRC | 3.1% | $12m | 42,280 | -14% |
| Bank of AmericaBAC | 3.1% | $12m | 213,507 | -14% |
| Array TechnologiesARRY | 2.5% | $10m | 1,330,267 | -16% |
| GFL EnvironmentalGFL | 2.0% | $8m | 214,000 | New |
| Brown & BrownBRO | 1.9% | $7m | 116,400 | Held |
| Primoris ServicesPRIM | 1.6% | $6m | 62,291 | New |
| OshkoshOSK | 1.2% | $5m | 31,800 | New |
| United RentalsURI | 0.6% | $3m | 2,249 | Held |
| Huron Consulting GroupHURN | 0.4% | $2m | 19,200 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 30.9% since 30 June 2025.
Where the money is
Industrials27.0%
Health care25.0%
Technology21.1%
Materials10.3%
Financial services8.2%
Media & telecom6.5%
Utilities2.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.