Redwood Grove Capital, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Redwood Grove Capital, LLC reported 25 stock positions worth $394.7 million. Its top holding was Elanco Animal Health (ELAN) at 9.5% of the portfolio, followed by Xylem (XYL, 7.4%) and Alphabet Class C (GOOG, 6.5%). Compared with Q1 2026, it opened 5 new positions, sold out of 2, added to 6 and reduced 8. The biggest buy was a new position in Thermo Fisher Scientific (TMO) and the biggest sale Shoals Technologies Group -A (SHLS, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001691170
- Portfolio Value
- $394.7M (Q2 2026)
- SEC Filing
- 0001691170-26-000007 ↗ filed Aug 14, 2026
Holdings Value
Holdings 25 stocks · $394.7M
| ELAN Elanco Animal Health Inc. | 9.51% | 1,525,300 | $37.5M | Add +18.1% |
| XYL Xylem Inc. | 7.37% | 246,112 | $29.1M | Add +68.5% |
| GOOG Alphabet Inc. Class C | 6.45% | 72,081 | $25.5M | Reduce -11.8% |
| HUM Humana Inc. | 5.94% | 59,070 | $23.5M | Reduce -48.6% |
| SW Smurfit Westrock PLC | 5.87% | 500,636 | $23.2M | Add +11.3% |
| QCOM Qualcomm Inc. | 5.42% | 115,806 | $21.4M | Add +6.2% |
| IEX Idex Corp. | 5.30% | 92,100 | $20.9M | No change |
| FSLR First Solar Inc. | 5.09% | 85,200 | $20.1M | Reduce -9.8% |
| TMO Thermo Fisher Scientific Inc. | 4.93% | 38,800 | $19.5M | New |
| IQV Iqvia Holdings Inc. | 4.58% | 93,500 | $18.1M | No change |
| SHLS Shoals Technologies Group -A | 4.42% | 1,760,722 | $17.4M | Reduce -42.0% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 4.41% | 219,682 | $17.4M | No change |
| AMRC Ameresco Inc. Class A | 3.80% | 543,525 | $15.0M | Add +15.8% |
| UCTT Ultra Clean Holdings Inc. | 3.67% | 101,458 | $14.5M | Reduce -37.5% |
| ICFI Icf International Inc. | 3.56% | 192,852 | $14.1M | Add +6.5% |
| FISV Fiserv Inc. | 3.20% | 257,632 | $12.6M | No change |
| GNRC Generac Holdings Inc. | 3.14% | 42,280 | $12.4M | Reduce -14.2% |
| BAC Bank of America Corp. | 3.08% | 213,507 | $12.2M | Reduce -14.1% |
| ARRY Array Technologies Inc. | 2.50% | 1,330,267 | $9.9M | Reduce -15.6% |
| GFL GFL Environmental Inc.-Sub VT | 1.99% | 214,000 | $7.9M | New |
| BRO Brown & Brown Inc. | 1.89% | 116,400 | $7.5M | No change |
| PRIM Primoris Services Corp. | 1.56% | 62,291 | $6.2M | New |
| OSK Oshkosh Corp. | 1.24% | 31,800 | $4.9M | New |
| URI United Rentals Inc. | 0.65% | 2,249 | $2.5M | No change |
| HURN Huron Consulting Group Inc. | 0.44% | 19,200 | $1.7M | New |
Portfolio Sells Q1 2026 → Q2 2026
| SHLS Shoals Technologies Group -A | Reduce -42.0% | 4.42% | −2.03 |
| SNY Sanofi-ADR | Sold out | 0.00% | −1.27 |
| ARRY Array Technologies Inc. | Reduce -15.6% | 2.50% | −1.18 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −1.17 |
| GOOG Alphabet Inc. Class C | Reduce -11.8% | 6.45% | −1.11 |
| FSLR First Solar Inc. | Reduce -9.8% | 5.09% | −0.92 |
| BAC Bank of America Corp. | Reduce -14.1% | 3.08% | −0.83 |
| HUM Humana Inc. | Reduce -48.6% | 5.94% | −0.48 |
| GNRC Generac Holdings Inc. | Reduce -14.2% | 3.14% | +0.03 |
| UCTT Ultra Clean Holdings Inc. | Reduce -37.5% | 3.67% | +0.41 |
Portfolio Buys Q1 2026 → Q2 2026
| TMO Thermo Fisher Scientific Inc. | New | 4.93% | +4.93 |
| GFL GFL Environmental Inc.-Sub VT | New | 1.99% | +1.99 |
| XYL Xylem Inc. | Add +68.5% | 7.37% | +1.74 |
| PRIM Primoris Services Corp. | New | 1.56% | +1.56 |
| OSK Oshkosh Corp. | New | 1.24% | +1.24 |
| QCOM Qualcomm Inc. | Add +6.2% | 5.42% | +0.89 |
| HURN Huron Consulting Group Inc. | New | 0.44% | +0.44 |
| SW Smurfit Westrock PLC | Add +11.3% | 5.87% | +0.08 |
| AMRC Ameresco Inc. Class A | Add +15.8% | 3.80% | −0.06 |
| ICFI Icf International Inc. | Add +6.5% | 3.56% | −0.26 |
| ELAN Elanco Animal Health Inc. | Add +18.1% | 9.51% | −0.47 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $394.7M | ELAN, XYL, GOOG, HUM, SW |
| Q1 2026 | 22 | $309.8M | ELAN, GOOG, SHLS, HUM, FSLR |
| Q4 2025 | 22 | $350.7M | ELAN, GOOG, HUM, FSLR, SHLS |
| Q3 2025 | 21 | $349.4M | GOOG, ELAN, HUM, FSLR, SHLS |
| Q2 2025 | 22 | $301.4M | GOOG, ELAN, FISV, QCOM, IFF |
| Q1 2025 | 23 | $278.9M | FISV, GOOG, IFF, HUM, QCOM |
| Q4 2024 | 23 | $322.9M | GOOG, FISV, XIFR, SNY, IFF |
| Q3 2024 | 22 | $368.2M | XIFR, GNRC, GOOG, IFF, SNY |
| Q2 2024 | 26 | $319.4M | XIFR, GOOGL, IFF, GNRC, AMGN |
| Q1 2024Amended | 27 | $321.0M | XIFR, QCOM, CTLT, ARRY, GNRC |