Redwood Grove Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 23, 2024), Redwood Grove Capital, LLC reported 27 stock positions worth $321.0 million. Its top holding was XPLR Infrastructure (XIFR) at 7.3% of the portfolio, followed by Qualcomm (QCOM, 6.0%) and Catalent (CTLT, 5.4%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 15 and reduced 6. The biggest buy was a new position in Intl Flavors & Fragrances (IFF) and the biggest sale an exit from PGT Innovations (PGTI).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001691170
- Portfolio Value
- $321.0M (Q1 2024)
- SEC Filing
- 0001085146-24-002666 ↗ filed May 23, 2024
Holdings Value
Holdings 27 stocks · $321.0M
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 7.28% | 776,555 | $23.4M | Add +0.9% |
| QCOM Qualcomm Inc. | 6.01% | 113,900 | $19.3M | Reduce -5.6% |
| CTLT Catalent Inc. | 5.42% | 308,156 | $17.4M | Add +23.0% |
| ARRY Array Technologies Inc. | 5.23% | 1,126,376 | $16.8M | Add +25.7% |
| GNRC Generac Holdings Inc. | 5.11% | 130,100 | $16.4M | Add +6.1% |
| WDC Western Digital Corp. | 4.94% | 232,613 | $15.9M | Reduce -22.2% |
| GOOG Alphabet Inc. Class C | 4.86% | 102,400 | $15.6M | Add +6.1% |
| WRK Westrock Co. | 4.64% | 300,950 | $14.9M | Add +3.4% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 4.43% | 165,500 | $14.2M | New |
| FISV Fiserv Inc. | 4.25% | 85,338 | $13.6M | Add +6.0% |
| AMGN Amgen Inc. | 4.22% | 47,687 | $13.6M | Add +17.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.08% | 345,300 | $13.1M | Add +6.0% |
| URI United Rentals Inc. | 3.97% | 17,684 | $12.8M | Reduce -19.8% |
| SNY Sanofi-ADR | 3.95% | 261,154 | $12.7M | Add +9.1% |
| MRK Merck & Co. Inc. | 3.86% | 94,000 | $12.4M | Add +6.0% |
| PYPL PayPal Holdings Inc. | 3.73% | 178,940 | $12.0M | Add +6.0% |
| AXP American Express Co. | 3.59% | 50,659 | $11.5M | Reduce -10.1% |
| POR Portland General Electric Co. | 2.92% | 223,125 | $9.4M | Add +6.0% |
| INTC Intel Corp. | 2.80% | 203,325 | $9.0M | Add +6.0% |
| SHLS Shoals Technologies Group -A | 2.41% | 692,400 | $7.7M | New |
| ZWS Zurn Elkay Water Solutions C | 2.41% | 230,994 | $7.7M | Add +5.9% |
| AMRC Ameresco Inc. Class A | 2.23% | 297,137 | $7.2M | New |
| BABA Alibaba Group Holding-SP ADR | 1.97% | 87,340 | $6.3M | No change |
| JWN Nordstrom Inc. | 1.84% | 291,227 | $5.9M | Reduce -42.2% |
| WLDN Willdan Group Inc. | 1.61% | 178,511 | $5.2M | No change |
| AMAL Amalgamated Financial Corp. | 1.50% | 201,008 | $4.8M | Reduce -12.9% |
| ASPN Aspen Aerogels Inc. | 0.73% | 133,210 | $2.3M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| PGTI PGT Innovations Inc. | Sold out | 0.00% | −1.69 |
| JWN Nordstrom Inc. | Reduce -42.2% | 1.84% | −1.60 |
| WDC Western Digital Corp. | Reduce -22.2% | 4.94% | −0.84 |
| AMAL Amalgamated Financial Corp. | Reduce -12.9% | 1.50% | −0.79 |
| URI United Rentals Inc. | Reduce -19.8% | 3.97% | −0.70 |
| QCOM Qualcomm Inc. | Reduce -5.6% | 6.01% | −0.43 |
| AXP American Express Co. | Reduce -10.1% | 3.59% | −0.30 |
Portfolio Buys Q4 2023 → Q1 2024
| IFF Intl Flavors & Fragrances | New | 4.43% | +4.43 |
| SHLS Shoals Technologies Group -A | New | 2.41% | +2.41 |
| AMRC Ameresco Inc. Class A | New | 2.23% | +2.23 |
| CTLT Catalent Inc. | Add +23.0% | 5.42% | +1.26 |
| FISV Fiserv Inc. | Add +6.0% | 4.25% | +0.30 |
| MRK Merck & Co. Inc. | Add +6.0% | 3.86% | +0.29 |
| WRK Westrock Co. | Add +3.4% | 4.64% | +0.18 |
| ZWS Zurn Elkay Water Solutions C | Add +5.9% | 2.41% | +0.04 |
| BAC Bank of America Corp. | Add +6.0% | 4.08% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +6.0% | 3.73% | −0.10 |
| AMGN Amgen Inc. | Add +17.2% | 4.22% | −0.10 |
| GOOG Alphabet Inc. Class C | Add +6.1% | 4.86% | −0.16 |
| ARRY Array Technologies Inc. | Add +25.7% | 5.23% | −0.33 |
| SNY Sanofi-ADR | Add +9.1% | 3.95% | −0.44 |
| POR Portland General Electric Co. | Add +6.0% | 2.92% | −0.45 |
| GNRC Generac Holdings Inc. | Add +6.1% | 5.11% | −0.74 |
| INTC Intel Corp. | Add +6.0% | 2.80% | −0.76 |
| XIFR XPLR Infrastructure LP | Add +0.9% | 7.28% | −1.36 |
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 |