1y return+45.6%S&P 500 +20.9%
3y return+49.3%S&P 500 +68.5%
5y return+36.8%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2020: $160 against $200 in the S&P 500.2
Redwood Grove Capital, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ELANElanco Animal Health Inc | $37.5M | 9.5% | +18.1% |
| XYLXylem Inc | $29.1M | 7.4% | +68.5% |
| GOOGAlphabet Inc | $25.5M | 6.5% | −11.8% |
| HUMHumana Inc | $23.5M | 5.9% | −48.6% |
| Smurfit Westrock PLCCUSIP G8267P108 | $23.2M | 5.9% | +11.3% |
| QCOMQualcomm Inc | $21.4M | 5.4% | +6.2% |
| IEXIdex Corp | $20.9M | 5.3% | |
| FSLRFirst Solar Inc | $20.1M | 5.1% | −9.7% |
| TMOThermo Fisher Scientific Inc | $19.5M | 4.9% | New |
| IQVIqvia Hldgs Inc | $18.1M | 4.6% | |
| SHLSShoals Technologies Group In | $17.4M | 4.4% | −42.0% |
| IFFInternational Flavors&fragra | $17.4M | 4.4% | |
| AMRCAmeresco Inc | $15.0M | 3.8% | +15.8% |
| UCTTUltra Clean Hldgs Inc | $14.5M | 3.7% | −37.5% |
| ICFIIcf Intl Inc | $14.1M | 3.6% | +6.5% |
| FISVFiserv Inc | $12.6M | 3.2% | |
| GNRCGenerac Hldgs Inc | $12.4M | 3.1% | −14.2% |
| BACBank Of Amer Corp | $12.2M | 3.1% | −14.1% |
| ARRYArray Technologies Inc | $9.9M | 2.5% | −15.6% |
| GFLGfl Environmental Inc | $7.9M | 2.0% | New |
| BROBrown & Brown Inc | $7.5M | 1.9% | |
| PRIMPrimoris Svcs Corp | $6.2M | 1.6% | New |
| OSKOshkosh Corp | $4.9M | 1.2% | New |
| URIUnited Rentals Inc | $2.5M | 0.6% | |
| HURNHuron Consulting Group Inc | $1.7M | 0.4% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| URIUnited Rentals Inc | December 31, 2020 | +388.5% | $2.5M |
| ELANElanco Animal Health Inc | March 31, 2025 | +134.4% | $37.5M |
| UCTTUltra Clean Hldgs Inc | March 31, 2026 | +129.3% | $14.5M |
| GOOGAlphabet Inc | September 30, 2024 | +111.3% | $25.5M |
| BACBank Of Amer Corp | December 31, 2020 | +88.0% | $12.2M |
| GNRCGenerac Hldgs Inc | September 30, 2022 | +64.4% | $12.4M |
| HUMHumana Inc | December 31, 2024 | +56.6% | $23.5M |
| IEXIdex Corp | September 30, 2025 | +39.4% | $20.9M |
| FSLRFirst Solar Inc | December 31, 2024 | +33.9% | $20.1M |
| QCOMQualcomm Inc | December 31, 2020 | +21.3% | $21.4M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +26.8% | +14.8% |
| March 31, 2026 | −9.1% | −4.6% |
| December 31, 2025 | +4.3% | +2.4% |
| September 30, 2025 | +21.1% | +7.8% |
| June 30, 2025 | +7.0% | +10.5% |
| March 31, 2025 | −12.2% | −4.6% |
| December 31, 2024 | −9.1% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | −0.7% | +4.0% |
| March 31, 2024 | +8.1% | +10.0% |
| December 31, 2023 | +10.5% | +11.2% |
| September 30, 2023 | −4.5% | −3.6% |
| June 30, 2023 | +4.9% | +8.3% |
| March 31, 2023 | +7.9% | +7.0% |
| December 31, 2022 | +8.7% | +7.1% |
| September 30, 2022 | −7.5% | −5.3% |
| June 30, 2022 | −13.6% | −16.5% |
| March 31, 2022 | −4.2% | −4.9% |
| December 31, 2021 | +4.4% | +10.7% |
| September 30, 2021 | −6.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Redwood Grove Capital, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1691170&type=13F-HR&dateb=&owner=include&count=40CIK 1691170
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1691170/000169117026000007/Filed August 14, 2026 · accession 0001691170-26-000007