Sand Grove Capital Management LL.P. 13F annual report
Sand Grove Capital Management LL.P. is an investment fund managing more than $342 billion ran by Jonathan Groom. There are currently 20 companies in Mr. Groom’s portfolio. The largest investments include Hess and Albertsons Cos Inc, together worth $86.8 billion.
$342 billion Assets Under Management (AUM)
As of 7th August 2024, Sand Grove Capital Management LL.P.’s top holding is 307,795 shares of Hess currently worth over $45.4 billion and making up 13.3% of the portfolio value.
Relative to the number of outstanding shares of Hess, Sand Grove Capital Management LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 2,093,581 shares of Albertsons Cos Inc worth $41.3 billion.
The third-largest holding is Amedisys worth $39.9 billion and the next is Cerevel Therapeutics Hldng I worth $37.6 billion, with 919,023 shares owned.
Currently, Sand Grove Capital Management LL.P.'s portfolio is worth at least $342 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Sand Grove Capital Management LL.P.
The Sand Grove Capital Management LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Jonathan Groom serves as the COO at Sand Grove Capital Management LL.P..
Recent trades
In the most recent 13F filing, Sand Grove Capital Management LL.P. revealed that it had opened a new position in
Cerevel Therapeutics Hldng I and bought 919,023 shares worth $37.6 billion.
The investment fund also strengthened its position in Amedisys by buying
188,475 additional shares.
This makes their stake in Amedisys total 435,066 shares worth $39.9 billion.
Amedisys soared 5.7% in the past year.
On the other hand, there are companies that Sand Grove Capital Management LL.P. is getting rid of from its portfolio.
Sand Grove Capital Management LL.P. closed its position in Pioneer Nat Res Co on 14th August 2024.
It sold the previously owned 186,977 shares for $49.1 million.
Jonathan Groom also disclosed a decreased stake in Hess by 0.1%.
This leaves the value of the investment at $45.4 billion and 307,795 shares.
One of the smaller hedge funds
The two most similar investment funds to Sand Grove Capital Management LL.P. are Convergence Investment Partners and Waypoint Wealth Partners. They manage $342 billion and $342 billion respectively.
Jonathan Groom investment strategy
Sand Grove Capital Management LL.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Health Care — making up 24.1% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
20% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $9.48 billion.
The complete list of Sand Grove Capital Management LL.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Hess Corporation |
10.92%
307,795
|
$45,405,918,000 | 13.27% |
| Albertsons Cos Inc |
8.07%
2,093,581
|
$41,348,225,000 | 12.09% |
| Amedisys Inc. |
76.43%
435,066
|
$39,939,059,000 | 11.68% |
| Cerevel Therapeutics Hldng I |
Opened
919,023
|
$37,578,850,000 | 10.99% |
| Hollysys Automation Tchngy L |
1.13%
1,426,177
|
$30,862,470,000 | 9.02% |
| Catalent Inc. |
167.22%
487,194
|
$27,394,919,000 | 8.01% |
| Surmodics, Inc. |
Opened
355,317
|
$14,937,527,000 | 4.37% |
| Avangrid Inc |
47.33%
303,361
|
$10,778,416,000 | 3.15% |
| Juniper Networks Inc |
0.12%
282,638
|
$10,304,981,000 | 3.01% |
| PlayAGS Inc |
Opened
894,564
|
$10,287,486,000 | 3.01% |
| U.S. Silica Holdings Inc |
Opened
655,174
|
$10,122,438,000 | 2.96% |
| Nuvei Corporation |
Opened
308,944
|
$10,003,607,000 | 2.92% |
| Stericycle Inc. |
Opened
170,878
|
$9,933,138,000 | 2.90% |
| Squarespace, Inc. |
Opened
227,248
|
$9,914,830,000 | 2.90% |
| Silverbow Res Inc |
Opened
219,452
|
$8,301,869,000 | 2.43% |
| United States Stl Corp New |
64.76%
210,529
|
$7,957,996,000 | 2.33% |
| Equitrans Midstream Corporation |
Opened
573,448
|
$7,443,355,000 | 2.18% |
| Matterport Inc |
Opened
977,004
|
$4,367,208,000 | 1.28% |
| Ansys Inc. |
54.27%
12,583
|
$4,045,435,000 | 1.18% |
| Triple Flag Precious Metal |
Opened
74,022
|
$1,147,341,000 | 0.34% |
| Pioneer Nat Res Co |
Closed
186,977
|
$49,081,000 | |
| NeoGames S.A. |
Closed
996,155
|
$28,849,000 | |
| Vizio Hldg Corp |
Closed
1,915,994
|
$20,961,000 | |
| Everbridge Inc |
Closed
596,137
|
$20,763,000 | |
| Sterling Check Corp |
Closed
1,093,718
|
$17,587,000 | |
| Capri Holdings Limited |
Closed
260,838
|
$11,816,000 | |
| Masonite Intl Corp |
Closed
80,825
|
$10,624,000 | |
| Fusion Pharmaceuticals Inc. |
Closed
490,547
|
$10,458,000 | |
| Olink Hldg Ab |
Closed
427,950
|
$10,061,000 | |
| Silicon Motion Technology Corp |
Closed
104,990
|
$8,078,000 | |
| Eagle Bulk Shipping Inc |
Closed
112,432
|
$7,024,000 | |
| Interpublic Group Cos Inc |
Closed
90,000
|
$2,937,000 | |
| NRG Energy Inc. |
Closed
30,089
|
$2,037,000 | |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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