Institutional Manager · CIK 0001691170
Redwood Grove Capital, LLC
Palo Alto, CA · File #028-20856
Latest AUM
$350.7M
Positions
22
Top-10 Concentration
62.1%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ALPHABET INC | GOOG | -38,700 | -$12.1M | +$8.8M |
| REDUCE | IQVIA HLDGS INC | IQV | -39,300 | -$8.9M | +$3.0M |
| NEW | BROWN & BROWN INC | BRO | +92,000 | +$7.3M | $0 |
| ADD | SMURFIT WESTROCK PLC | SW | +150,000 | +$5.8M | -$1.0M |
| ADD | ICF INTL INC | 44925C103 | +57,600 | +$4.9M | -$680,333 |
| ADD | IDEX CORP | 45167R104 | +26,000 | +$4.6M | +$1.0M |
| REDUCE | PORTLAND GEN ELEC CO | 736508847 | -94,000 | -$4.5M | +$1.6M |
| REDUCE | AMERESCO INC | AMRC | -127,000 | -$3.7M | -$2.7M |
| ADD | ELANCO ANIMAL HEALTH INC | ELAN | +150,000 | +$3.4M | +$3.5M |
| REDUCE | SANOFI SA | SNYNF | -64,000 | -$3.1M | +$318,580 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202522 pos · $350.7M
- 13F HOLDINGS REPORTQ/E Sep 202521 pos · $349.4M
- 13F HOLDINGS REPORTQ/E Jun 202522 pos · $301.4M
- 13F HOLDINGS REPORTQ/E Mar 202523 pos · $278.9M
- 13F HOLDINGS REPORTQ/E Dec 202423 pos · $322.9M
- 13F HOLDINGS REPORTQ/E Sep 202422 pos · $368.2M
- 13F HOLDINGS REPORTQ/E Jun 202426 pos · $319.4M
- 13F HOLDINGS REPORT (Amended)Q/E Mar 202427 pos · $321.0M
- 13F HOLDINGS REPORTQ/E Mar 202427 pos · $321.0M
- 13F HOLDINGS REPORTQ/E Dec 202327 pos · $249.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ELANCO ANIMAL HEALTH INC | ELAN | 1,557,000 | $35.2M | 10.05% |
| 2 | ALPHABET INC | GOOG | 86,881 | $27.3M | 7.77% |
| 3 | HUMANA INC | HUM | 105,670 | $27.1M | 7.72% |
| 4 | FIRST SOLAR INC | FSLR | 97,200 | $25.4M | 7.24% |
| 5 | SHOALS TECHNOLOGIES GROUP IN | SHLS | 2,526,422 | $21.5M | 6.12% |
| 6 | QUALCOMM INC | QCOM | 109,006 | $18.6M | 5.32% |
| 7 | IDEX CORP | 45167R104 | 92,100 | $16.4M | 4.67% |
| 8 | SMURFIT WESTROCK PLC | SW | 411,636 | $15.9M | 4.54% |
| 9 | ARRAY TECHNOLOGIES INC | ARRY | 1,649,253 | $15.2M | 4.34% |
| 10 | PORTLAND GEN ELEC CO | 736508847 | 316,321 | $15.2M | 4.33% |
| 11 | INTERNATIONAL FLAVORS&FRAGRA | 459506101 | 219,682 | $14.8M | 4.22% |
| 12 | MERCK & CO INC | MRK | 139,668 | $14.7M | 4.19% |
| 13 | AMERESCO INC | AMRC | 492,625 | $14.4M | 4.11% |
| 14 | BANK AMERICA CORP | 060505104 | 261,607 | $14.4M | 4.10% |
| 15 | FISERV INC | FISV | 189,832 | $12.8M | 3.64% |
| 16 | ICF INTL INC | 44925C103 | 148,311 | $12.7M | 3.61% |
| 17 | GENERAC HLDGS INC | GNRC | 81,380 | $11.1M | 3.16% |
| 18 | IQVIA HLDGS INC | IQV | 45,900 | $10.3M | 2.95% |
| 19 | PAYPAL HLDGS INC | PYPL | 162,404 | $9.5M | 2.70% |
| 20 | SANOFI SA | SNYNF | 188,841 | $9.2M | 2.61% |