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Redwood Grove Capital, LLC

SEC Form 13F institutional filer · CIK 0001691170

13F-HR · 15 reported holdings · 2026-03-31

Reported long-US-equity value

$0.21B

Top-10 concentration

83.5%

Redwood Grove Capital, LLC — $210M AUM allocation strategy

Redwood Grove Capital, LLC files SEC Form 13F and reports $210M of long US equity value across 15 reported holdings for 2026-03-31.

Its largest sector bet is Industrials 22.0%, followed by Health Care 18.8% and Financials 16.3%.

The top 10 holdings account for 84% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Redwood Grove Capital, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$210M

total across 15 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

84% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$FISV$IQV$SW

+$FISV +67.8K sh · +$1.62M+$IQV +47.6K sh · +$5.6M+$SW +38K sh · +$2M

Biggest trims (shares)

$MRK$GNRC$BAC

−$MRK −110K sh · −$11.1M−$GNRC −32.1K sh · −$1.47M−$BAC −13K sh · −$2.27M

Added from nil (new positions)

$XYL

1 fresh holding — new conviction

Exited to nil (held last quarter, gone now)

$PYPL

$PYPL ($9.48M last qtr)

Sector allocation (share of reported value)

Industrials 22%Health Care 19%Financials 16%Materials 16%Information Technology 16%Communication Services 11%SECTORS
  • $XLIIndustrials22.0%
  • $XLVHealth Care18.8%
  • $XLFFinancials16.3%
  • $XLBMaterials16.1%
  • $XLKInformation Technology15.6%
  • $XLCCommunication Services11.2%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Industrial Machinery & Supplies & Components 17%Semiconductors 16%Interactive Media & Services 11%Managed Health Care 10%Paper & Plastic Packaging Products & Materials 9%Life Sciences Tools & Services 8%Specialty Chemicals 8%Transaction & Payment Processing Services 7%Other holdings 16%INDUSTRIES
  • Industrial Machinery & Supplies & Components16.7%
  • Semiconductors15.6%
  • Interactive Media & Services11.2%
  • Managed Health Care9.5%
  • Paper & Plastic Packaging Products & Materials8.5%
  • Life Sciences Tools & Services7.6%
  • Specialty Chemicals7.6%
  • Transaction & Payment Processing Services6.9%
  • Other holdings16.4%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$GOOGLAlphabet Inc81.7K$23.4M-5.2K11.2%
$HUMHumana Inc115K$19.9M+9.2K9.5%
$FSLRFirst Solar Inc94.4K$18.6M-2.8K8.9%
$SWSmurfit WestRock plc450K$17.9M+38K8.5%
$XYLXylem Inc. Common Stock New146K$17.5M8.3%
$IEXIDEX Corporation92.1K$17.5M+08.3%
$IQVIQVIA Holdings Inc93.5K$15.9M+47.6K7.6%
$IFFInternational Flavors & Fragrances Inc220K$15.9M+07.6%
$FISVFiserv Inc258K$14.4M+67.8K6.9%
$QCOMQUALCOMM Incorporated109K$14M+06.7%

…and 5 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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