Redwood Grove Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Redwood Grove Capital, LLC reported 23 stock positions worth $278.9 million. Its top holding was Fiserv (FISV) at 7.9% of the portfolio, followed by Alphabet Class C (GOOG, 7.0%) and Intl Flavors & Fragrances (IFF, 6.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 5 and reduced 3. The biggest buy was a new position in Iqvia (IQV) and the biggest sale an exit from XPLR Infrastructure (XIFR).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001691170
- Portfolio Value
- $278.9M (Q1 2025)
- SEC Filing
- 0001085146-25-003179 ↗ filed May 15, 2025
Holdings Value
Holdings 23 stocks · $278.9M
| FISV Fiserv Inc. | 7.86% | 99,232 | $21.9M | No change |
| GOOG Alphabet Inc. Class C | 7.03% | 125,581 | $19.6M | No change |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 6.11% | 219,682 | $17.0M | Add +10.6% |
| HUM Humana Inc. | 5.90% | 62,170 | $16.5M | Add +11.9% |
| QCOM Qualcomm Inc. | 5.68% | 103,206 | $15.9M | No change |
| SNY Sanofi-ADR | 5.66% | 284,841 | $15.8M | Reduce -20.1% |
| POR Portland General Electric Co. | 5.55% | 347,021 | $15.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 5.39% | 360,607 | $15.0M | No change |
| FSLR First Solar Inc. | 4.70% | 103,700 | $13.1M | Add +93.8% |
| PYPL PayPal Holdings Inc. | 4.29% | 183,404 | $12.0M | No change |
| SW Smurfit Westrock PLC | 4.23% | 261,636 | $11.8M | Reduce -10.6% |
| MRK Merck & Co. Inc. | 4.03% | 125,368 | $11.3M | Reduce -22.0% |
| URI United Rentals Inc. | 3.87% | 17,225 | $10.8M | No change |
| ARRY Array Technologies Inc. | 3.79% | 2,172,763 | $10.6M | Add +14.8% |
| NVEE NV5 Global Inc. | 3.72% | 539,108 | $10.4M | No change |
| GNRC Generac Holdings Inc. | 3.69% | 81,380 | $10.3M | No change |
| SHLS Shoals Technologies Group -A | 3.59% | 3,014,805 | $10.0M | Add +46.8% |
| IQV Iqvia Holdings Inc. | 3.30% | 52,200 | $9.2M | New |
| ELAN Elanco Animal Health Inc. | 3.24% | 860,000 | $9.0M | New |
| WDC Western Digital Corp. | 3.08% | 212,818 | $8.6M | No change |
| AXP American Express Co. | 2.77% | 28,672 | $7.7M | No change |
| AMRC Ameresco Inc. Class A | 2.16% | 499,890 | $6.0M | No change |
| ASPN Aspen Aerogels Inc. | 0.34% | 147,705 | $944K | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| IQV Iqvia Holdings Inc. | New | 3.30% | +3.30 |
| ELAN Elanco Animal Health Inc. | New | 3.24% | +3.24 |
| FSLR First Solar Inc. | Add +93.8% | 4.70% | +1.78 |
| HUM Humana Inc. | Add +11.9% | 5.90% | +1.53 |
| IFF Intl Flavors & Fragrances | Add +10.6% | 6.11% | +0.91 |
| ARRY Array Technologies Inc. | Add +14.8% | 3.79% | +0.25 |
| SHLS Shoals Technologies Group -A | Add +46.8% | 3.59% | +0.07 |
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 |