Redwood Grove Capital, LLC Long-Term Concentrated

Location: New York, NY

CIK: 0001691170 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $310M (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (2)

XYL XYLEM INC 5.6%

Value $17.46M Shares 146,094 Est. Cost — Unrealized —

UCTT ULTRA CLEAN HLDGS INC 3.3%

Value $10.1M Shares 162,358 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XYL	XYLEM INC	146,094	$17.46M	5.6%	—	—	COM	98419M100
UCTT	ULTRA CLEAN HLDGS INC	162,358	$10.1M	3.3%	—	—	COM	90385V107

Increased Positions (7)

HUM HUMANA INC 6.4%

Value $19.92M (-26.4%) Shares 114,870 (+8.7%) Est. Cost — Unrealized —

IQV IQVIA HLDGS INC 5.1%

Value $15.95M (+54.1%) Shares 93,500 (+103.7%) Est. Cost — Unrealized —

SW SMURFIT WESTROCK PLC 5.8%

Value $17.92M (+12.6%) Shares 449,636 (+9.2%) Est. Cost — Unrealized —

FISV FISERV INC 4.6%

Value $14.38M (+12.7%) Shares 257,632 (+35.7%) Est. Cost — Unrealized —

SHLS SHOALS TECHNOLOGIES GROUP IN 6.5%

Value $19.99M (-6.9%) Shares 3,037,422 (+20.2%) Est. Cost — Unrealized —

ICFI ICF INTL INC 3.8%

Value $11.82M (-6.5%) Shares 181,111 (+22.1%) Est. Cost — Unrealized —

BRO BROWN & BROWN INC 2.4%

Value $7.59M (+3.5%) Shares 116,400 (+26.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HUM	HUMANA INC	114,870 (+8.7%)	$19.92M (-26.4%)	6.4%	—	—	COM	444859102
IQV	IQVIA HLDGS INC	93,500 (+103.7%)	$15.95M (+54.1%)	5.1%	—	—	COM	46266C105
SW	SMURFIT WESTROCK PLC	449,636 (+9.2%)	$17.92M (+12.6%)	5.8%	—	—	SHS	G8267P108
FISV	FISERV INC	257,632 (+35.7%)	$14.38M (+12.7%)	4.6%	—	—	COM	337738108
SHLS	SHOALS TECHNOLOGIES GROUP IN	3,037,422 (+20.2%)	$19.99M (-6.9%)	6.5%	—	—	CL A	82489W107
ICFI	ICF INTL INC	181,111 (+22.1%)	$11.82M (-6.5%)	3.8%	—	—	COM	44925C103
BRO	BROWN & BROWN INC	116,400 (+26.5%)	$7.59M (+3.5%)	2.4%	—	—	COM	115236101

Exited Positions (2)

POR PORTLAND GEN ELEC CO 4.9%

Value $15.18M Shares 316,321 Est. Cost — Unrealized —

PYPL PAYPAL HLDGS INC 3.1%

Value $9.481M Shares 162,404 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
POR	PORTLAND GEN ELEC CO	316,321	$15.18M	4.9%	—	—	—	736508847
PYPL	PAYPAL HLDGS INC	162,404	$9.481M	3.1%	—	—	—	70450Y103

Decreased Positions (9)

MRK MERCK & CO INC 1.2%

Value $3.617M (-75.4%) Shares 30,068 (-78.5%) Est. Cost — Unrealized —

FSLR FIRST SOLAR INC 6.0%

Value $18.62M (-26.7%) Shares 94,400 (-2.9%) Est. Cost — Unrealized —

SNY SANOFI SA 1.3%

Value $3.929M (-57.1%) Shares 81,557 (-56.8%) Est. Cost — Unrealized —

ELAN ELANCO ANIMAL HEALTH INC 10.0%

Value $30.91M (-12.3%) Shares 1,291,800 (-17.0%) Est. Cost — Unrealized —

GOOG ALPHABET INC 7.6%

Value $23.43M (-14.1%) Shares 81,681 (-6.0%) Est. Cost — Unrealized —

ARRY ARRAY TECHNOLOGIES INC 3.7%

Value $11.4M (-25.0%) Shares 1,576,953 (-4.4%) Est. Cost — Unrealized —

AMRC AMERESCO INC 3.9%

Value $11.97M (-17.0%) Shares 469,525 (-4.7%) Est. Cost — Unrealized —

BAC BANK AMERICA CORP 3.9%

Value $12.12M (-15.8%) Shares 248,607 (-5.0%) Est. Cost — Unrealized —

GNRC GENERAC HLDGS INC 3.1%

Value $9.626M (-13.3%) Shares 49,280 (-39.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRK	MERCK & CO INC	30,068 (-78.5%)	$3.617M (-75.4%)	1.2%	—	—	COM	58933Y105
FSLR	FIRST SOLAR INC	94,400 (-2.9%)	$18.62M (-26.7%)	6.0%	—	—	COM	336433107
SNY	SANOFI SA	81,557 (-56.8%)	$3.929M (-57.1%)	1.3%	—	—	SPONSORED ADR	80105N105
ELAN	ELANCO ANIMAL HEALTH INC	1,291,800 (-17.0%)	$30.91M (-12.3%)	10.0%	—	—	COM	28414H103
GOOG	ALPHABET INC	81,681 (-6.0%)	$23.43M (-14.1%)	7.6%	—	—	CAP STK CL C	02079K107
ARRY	ARRAY TECHNOLOGIES INC	1,576,953 (-4.4%)	$11.4M (-25.0%)	3.7%	—	—	COM SHS	04271T100
AMRC	AMERESCO INC	469,525 (-4.7%)	$11.97M (-17.0%)	3.9%	—	—	CL A	02361E108
BAC	BANK AMERICA CORP	248,607 (-5.0%)	$12.12M (-15.8%)	3.9%	—	—	COM	060505104
GNRC	GENERAC HLDGS INC	49,280 (-39.4%)	$9.626M (-13.3%)	3.1%	—	—	COM	368736104

Unchanged Positions (4)

QCOM QUALCOMM INC 4.5%

Value $14.04M Shares 109,006 Est. Cost — Unrealized —

IFF INTERNATIONAL FLAVORS&FRAGRA 5.1%

Value $15.94M Shares 219,682 Est. Cost — Unrealized —

IEX IDEX CORP 5.6%

Value $17.46M Shares 92,100 Est. Cost — Unrealized —

URI UNITED RENTALS INC 0.5%

Value $1.639M Shares 2,249 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QCOM	QUALCOMM INC	109,006	$14.04M	4.5%	—	—	COM	747525103
IFF	INTERNATIONAL FLAVORS&FRAGRA	219,682	$15.94M	5.1%	—	—	COM	459506101
IEX	IDEX CORP	92,100	$17.46M	5.6%	—	—	COM	45167R104
URI	UNITED RENTALS INC	2,249	$1.639M	0.5%	—	—	COM	911363109