Sand Grove Capital Management LLP In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Sand Grove Capital Management LLP reported 22 stock positions worth $437.1 million . Its top holding was Hess (HES) at 12.1% of the portfolio, followed by Pioneer Natural Resources (PXD, 11.2% ) and Albertsons Cos Class A (ACI, 11.2% ). Compared with Q4 2023, it opened 12 new positions, sold out of 7, added to 7 and reduced 2. The biggest buy was Pioneer Natural Resources (PXD, shares +323% ) and the biggest sale an exit from Splunk (SPLK).
Location LONDON, X0
CIK 0001665077
Portfolio Value $437.1M (Q1 2024) Holdings 22 stocks · $437.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 HES Hess Corp. 345,512 $52.7M Add +121.0% PXD Pioneer Natural Resources Co. 186,977 $49.1M Add +323.2% ACI Albertsons Cos Inc. Class A 2,277,480 $48.8M Add +4.3% HOLI Hollysys Automation Technolo 1,442,454 $36.9M Add +25.7% NGMS Neogames SA 996,155 $28.8M Add +2.9% X United States Steel Corp. 597,353 $24.4M Add +70.6% AMED Amedisys Inc. 246,591 $22.7M Add +115.1% AGR Avangrid Inc. 575,935 $21.0M New VZIO Vizio Holding Corp. Class A 1,915,994 $21.0M New EVBG Everbridge Inc. 596,137 $20.8M New STER Sterling Check Corp. 1,093,718 $17.6M New CPRI Capri Holdings Ltd. 260,838 $11.8M Reduce -48.4% DOOR Masonite International Corp. 80,825 $10.6M New JNPR Juniper Networks Inc. 282,984 $10.5M New FUSN Fusion Pharmaceuticals Inc. 490,547 $10.5M New CTLT Catalent Inc. 182,320 $10.3M New OLK Olink Holding AB - ADR 427,950 $10.1M New ANSS Ansys Inc. 27,516 $9.6M New SIMO Silicon Motion Technol-ADR 104,990 $8.1M Reduce -11.9% EAGLE BULK SHIPPING INC 112,432 $7.0M No change IPG Interpublic Group of Cos Inc. 90,000 $2.9M New NRG NRG Energy Inc. 30,089 $2.0M New
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ SPLK Splunk Inc. Sold out 0.00% −13.84 CMBT CMB Tech NV Sold out 0.00% −9.63 ROVR Rover Group Inc. Sold out 0.00% −6.63 CPRI Capri Holdings Ltd. Reduce -48.4% 2.70% −5.15 MRTX Mirati Therapeutics Inc. Sold out 0.00% −4.08 AVTR Avantor Inc. Sold out 0.00% −0.62 WRK Westrock Co. Sold out 0.00% −0.60 SIMO Silicon Motion Technol-ADR Reduce -11.9% 1.85% −0.41 MLTX Moonlake Immunotherapeutics Sold out 0.00% −0.37
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ PXD Pioneer Natural Resources Co. Add +323.2% 11.23% +8.15 HES Hess Corp. Add +121.0% 12.06% +5.09 AGR Avangrid Inc. New 4.80% +4.80 VZIO Vizio Holding Corp. Class A New 4.79% +4.79 EVBG Everbridge Inc. New 4.75% +4.75 STER Sterling Check Corp. New 4.02% +4.02 DOOR Masonite International Corp. New 2.43% +2.43 JNPR Juniper Networks Inc. New 2.40% +2.40 FUSN Fusion Pharmaceuticals Inc. New 2.39% +2.39 CTLT Catalent Inc. New 2.35% +2.35 OLK Olink Holding AB - ADR New 2.30% +2.30 ANSS Ansys Inc. New 2.19% +2.19 AMED Amedisys Inc. Add +115.1% 5.20% +1.83 IPG Interpublic Group of Cos Inc. New 0.67% +0.67 NRG NRG Energy Inc. New 0.47% +0.47 X United States Steel Corp. Add +70.6% 5.57% +0.30 HOLI Hollysys Automation Technolo Add +25.7% 8.44% −0.92 NGMS Neogames SA Add +2.9% 6.60% −1.98 ACI Albertsons Cos Inc. Class A Add +4.3% 11.17% −4.37
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ KROGER CO put Sold out 1,161,400 $53.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 13 $357.4M TWO, WBD, AAUC, WBS, NSC Q1 2026 18 $427.5M WBD, WBS, TXNM, TWO, AAUC Q4 2025 12 $295.0M TXNM, WBD, EA, HOLX, NSC Q3 2025 12 $204.7M TXNM, K, NSC, MRUS, EA Q2 2025 11 $198.6M AMED, BPMC, SWTX, BASE, TXNM Q1 2025 6 $120.7M HES, FYBR, K, AMED, SPR Q4 2024 13 $206.1M HES, SMAR, FYBR, K, SUM Q3 2024 14 $248.2M AMED, HES, CTLT, SQSP, K Q2 2024 20 $342.1M HES, ACI, AMED, CERE, HOLI Q1 2024 22 $437.1M HES, PXD, ACI, HOLI, NGMS