Latest IRIDIAN ASSET MANAGEMENT LLC/CT Stock Portfolio

IRIDIAN ASSET MANAGEMENT LLC/CT Performance:

2025 Q4: 7.76%YTD: 8.86%2024: 3.94%

Performance for 2025 Q4 is 7.76%, and YTD is 8.86%, and 2024 is 3.94%.

About IRIDIAN ASSET MANAGEMENT LLC/CT and 13F Hedge Fund Stock Holdings

IRIDIAN ASSET MANAGEMENT LLC/CT is a hedge fund based in WESTPORT, CT. On 15-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $895.7 Millions. In it's latest 13F Holdings report, IRIDIAN ASSET MANAGEMENT LLC/CT reported an equity portfolio of $271.6 Millions as of 31 Dec, 2025.

The top stock holdings of IRIDIAN ASSET MANAGEMENT LLC/CT are ACVA, HLF, HGV. The fund has invested 8.8% of it's portfolio in ACV AUCTIONS INC and 8.7% of portfolio in HERBALIFE LTD.

The fund managers got completely rid off LIGHT & WONDER INC (LNW), WARNER BROS DISCOVERY INC (WBD) and IMMUNEERING CORP (IMRX) stocks. They significantly reduced their stock positions in CHART INDS INC (GTLS), ELEVANCE HEALTH INC FORMERLY (ELV) and RENTOKIL INITIAL PLC. IRIDIAN ASSET MANAGEMENT LLC/CT opened new stock positions in ENERGIZER HLDGS INC NEW (ENR), RH (RH) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to KATAPULT HOLDINGS INC (KPLT), BALL CORP (BALL) and HILTON GRAND VACATIONS INC (HGV).

IRIDIAN ASSET MANAGEMENT LLC/CT Annual Return Estimates Vs S&P 500

Our best estimate is that IRIDIAN ASSET MANAGEMENT LLC/CT made a return of 7.76% in the last quarter. In trailing 12 months, it's portfolio return was 8.86%.

Performance
S&P 500

New Buys

Ticker	$ Bought
energizer hldgs inc new	1,900,270
rh	536,554
ishares tr	502,529
alight inc	425,591
nektar therapeutics	411,300

New stocks bought by IRIDIAN ASSET MANAGEMENT LLC/CT

Additions

Ticker	% Inc.
katapult holdings inc	198
ball corp	163
hilton grand vacations inc	69.66
intercontinental exchange in	60.66
acv auctions inc	58.93
clarivate plc	52.39
on semiconductor corp	45.79
nuvectis pharma inc	44.55

Additions to existing portfolio by IRIDIAN ASSET MANAGEMENT LLC/CT

Reductions

Ticker	% Reduced
chart inds inc	-78.47
elevance health inc formerly	-51.88
rentokil initial plc	-50.15
travel plus leisure co	-31.29
herbalife ltd	-25.02
restaurant brands intl inc	-22.53
molina healthcare inc	-14.2
axsome therapeutics inc	-11.69

IRIDIAN ASSET MANAGEMENT LLC/CT reduced stake in above stock

Sold off

Ticker	$ Sold
immuneering corp	-1,925,600
warner bros discovery inc	-2,796,250
light & wonder inc	-6,814,750
fortrea hldgs inc	-252,305
grayscale ethereum mini tr e	-214,119

IRIDIAN ASSET MANAGEMENT LLC/CT got rid off the above stocks

Sector Distribution

IRIDIAN ASSET MANAGEMENT LLC/CT has about 33.5% of it's holdings in Consumer Cyclical sector.

Sector	%
Consumer Cyclical	33.5
Healthcare	18.8
Consumer Defensive	14.9
Technology	11.9
Others	9.4
Financial Services	3.7
Real Estate	2.4
Basic Materials	2.4
Energy	1.9
Industrials	1.2

Market Cap. Distribution

IRIDIAN ASSET MANAGEMENT LLC/CT has about 20.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	51.4
LARGE-CAP	20.2
SMALL-CAP	14.9
UNALLOCATED	9.4
MICRO-CAP	4.1

Stocks belong to which Index?

About 55% of the stocks held by IRIDIAN ASSET MANAGEMENT LLC/CT either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	44.9
RUSSELL 2000	42.4
S&P 500	12.6

Top 5 Winners (%)		%
NESR	national energy services reu	51.3 %
AXSM	axsome therapeutics inc	47.4 %
HLF	herbalife ltd	46.1 %
	avadel pharmaceuticals plc	40.9 %
DBRG	digitalbridge group inc	31.1 %

Top 5 Winners ($)		$
HLF	herbalife ltd	9.5 M
AXSM	axsome therapeutics inc	4.8 M
PGEN	precigen inc	3.2 M
TNL	travel plus leisure co	2.8 M
	rentokil initial plc	1.9 M

Top 5 Losers (%)		%
KPLT	katapult holdings inc	-36.2 %
	grayscale bitcoin trust etf	-23.9 %
CLNE	clean energy fuels corp	-18.6 %
TGTX	tg therapeutics inc	-17.5 %
ACVA	acv auctions inc	-16.1 %

Top 5 Losers ($)		$
ACVA	acv auctions inc	-4.6 M
KPLT	katapult holdings inc	-3.4 M
POST	post hldgs inc	-1.2 M
CLVT	clarivate plc	-0.6 M
TGTX	tg therapeutics inc	-0.5 M

IRIDIAN ASSET MANAGEMENT LLC/CT Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of IRIDIAN ASSET MANAGEMENT LLC/CT

IRIDIAN ASSET MANAGEMENT LLC/CT has 43 stocks in it's portfolio. About 60.2% of the portfolio is in top 10 stocks. ACVA proved to be the most loss making stock for the portfolio. HLF was the most profitable stock for IRIDIAN ASSET MANAGEMENT LLC/CT last quarter.

Last Reported on: 23 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACVA	acv auctions inc	8.83	2,989,150	23,973,000	added	58.93

ALIT	alight inc	0.16	218,252	425,591	new

AXSM	axsome therapeutics inc	4.96	73,783	13,475,700	reduced	-11.69

BALL	ball corp	2.40	122,835	6,506,570	added	163

BILL	bill holdings inc	3.76	187,404	10,221,000	added	23.65

BKR	baker hughes company	0.97	57,686	2,627,020	reduced	-8.46

CCK	crown hldgs inc	2.29	60,365	6,215,780	added	6.56

CLNE	clean energy fuels corp	0.11	141,549	297,253	unchanged	0.00

CLVT	clarivate plc	1.88	1,528,410	5,104,890	added	52.39

CRL	charles riv labs intl inc	1.95	26,568	5,299,780	reduced	-7.19

DBRG	digitalbridge group inc	2.26	399,771	6,132,490	added	0.09

ELV	elevance health inc formerly	3.24	25,074	8,789,690	reduced	-51.88

ENR	energizer hldgs inc new	0.70	95,539	1,900,270	new

ESI	element solutions inc	2.43	264,211	6,602,630	added	37.23

FLEX	flex ltd	1.56	69,932	4,225,290	reduced	-11.38

GTLS	chart inds inc	0.48	6,326	1,304,610	reduced	-78.47

HGV	hilton grand vacations inc	7.66	464,964	20,807,100	added	69.66

HLF	herbalife ltd	8.71	1,836,380	23,671,000	reduced	-25.02

ICE	intercontinental exchange in	0.96	16,166	2,618,240	added	60.66

IJR	ishares tr	0.18	5,220	502,529	new