Sand Grove Capital Management LLP

Q4 2025 13F-HR Holdings

Location
London, X0
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
12
Total value ($000)
$294,980
Net value change ($000)
+90,306 (44.1%)
New positions
9
Sold out positions
9
Turnover %
111.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
WBD 29,314 NEW
HOLX 28,154 NEW
RNAM 23,919 NEW
DVAX 23,514 NEW
FOLD 23,454 NEW
EXAS 23,237 NEW
KVUE 21,921 NEW
CDTX 17,853 NEW
AXTA 15,486 NEW
EA 6,079 27.1%
Top Reduces (Value $000, Stocks/ETFs)
KEL -26,728 -100.0%
Merus N.V. -22,537 -100.0%
STAA -22,279 -100.0%
CYBR -18,901 -100.0%
OMC -15,106 -100.0%
ALE -11,188 -100.0%
SRDX -3,872 -100.0%
CCRN -2,725 -100.0%
NSC -873 -3.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type