Latest CADIAN CAPITAL MANAGEMENT, LP Stock Portfolio

$2.81Billion– No. of Holdings #36

CADIAN CAPITAL MANAGEMENT, LP Performance:

2024 Q1: 2.46%YTD: 2.46%2023: 57.66%

Performance for 2024 Q1 is 2.46%, and YTD is 2.46%, and 2023 is 57.66%.

About CADIAN CAPITAL MANAGEMENT, LP and 13F Hedge Fund Stock Holdings

CADIAN CAPITAL MANAGEMENT, LP is a hedge fund based in NEW YORK, NY. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.5 Billions. In it's latest 13F Holdings report, CADIAN CAPITAL MANAGEMENT, LP reported an equity portfolio of $2.8 Billions as of 31 Mar, 2024.

The top stock holdings of CADIAN CAPITAL MANAGEMENT, LP are PLNT, PCOR, BRZE. The fund has invested 12.6% of it's portfolio in PLANET FITNESS INC and 8.2% of portfolio in PROCORE TECHNOLOGIES INC.

The fund managers got completely rid off IQVIA HLDGS INC (IQV), LIBERTY MEDIA CORP DEL (BATRA) and MICROSOFT CORP (MSFT) stocks. They significantly reduced their stock positions in PALO ALTO NETWORKS INC (PANW), ALPHABET INC (GOOG) and BOWLERO CORP (BOWL). CADIAN CAPITAL MANAGEMENT, LP opened new stock positions in REMITLY GLOBAL INC (RELY), ELASTIC N V (ESTC) and SMARTSHEET INC (SMAR). The fund showed a lot of confidence in some stocks as they added substantially to OMNICELL COM (OMCL), GUARDANT HEALTH INC (GH) and US FOODS HLDG CORP (USFD).

CADIAN CAPITAL MANAGEMENT, LP Equity Portfolio Value

Last Reported on: 15 May, 2024

CADIAN CAPITAL MANAGEMENT, LP Annual Return Estimates Vs S&P 500

Our best estimate is that CADIAN CAPITAL MANAGEMENT, LP made a return of 2.46% in the last quarter. In trailing 12 months, it's portfolio return was 28.26%.

New Buys

Ticker	$ Bought
remitly global inc	134,105,000
elastic n v	65,957,900
smartsheet inc	29,260,000
global e online ltd	25,502,400
tko group holdings inc	17,282,000
nutanix inc	15,121,400
openlane inc	6,401,000
microvision inc del	4,748,380

New stocks bought by CADIAN CAPITAL MANAGEMENT, LP

Additions

Ticker	% Inc.
omnicell com	3,470
guardant health inc	715
us foods hldg corp	388
braze inc	183
aurora innovation inc	160
cryoport inc	39.94
planet fitness inc	27.85
varonis sys inc	26.68

Additions to existing portfolio by CADIAN CAPITAL MANAGEMENT, LP

Reductions

Ticker	% Reduced
palo alto networks inc	-78.21
alphabet inc	-56.34
bowlero corp	-53.52
hyatt hotels corp	-48.99
catalent inc	-46.81
pegasystems inc	-40.49
hubspot inc	-39.21
new york times co	-27.5

CADIAN CAPITAL MANAGEMENT, LP reduced stake in above stock

Sold off

Ticker	$ Sold
liberty media corp del	-50,394,000
liberty media corp del	-42,373,600
iqvia hldgs inc	-70,108,100
kernel group holdings inc	-1,654
microsoft corp	-5,076,540

CADIAN CAPITAL MANAGEMENT, LP got rid off the above stocks

Sector Distribution

CADIAN CAPITAL MANAGEMENT, LP has about 46.7% of it's holdings in Technology sector.

Sector	%
Technology	46.7
Consumer Cyclical	19.8
Healthcare	17.4
Communication Services	8.6
Industrials	3.1
Consumer Defensive	2.8
Others	1.7

Market Cap. Distribution

CADIAN CAPITAL MANAGEMENT, LP has about 14.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	71.7
LARGE-CAP	14.5
SMALL-CAP	11.8
UNALLOCATED	1.7

Stocks belong to which Index?

About 50.8% of the stocks held by CADIAN CAPITAL MANAGEMENT, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	49.2
RUSSELL 2000	41.6
S&P 500	9.2

Top 5 Winners (%)		%
CRTO	criteo s a	31.7 %
PEGA	pegasystems inc	30.1 %
CTLT	catalent inc	25.4 %
KAR	openlane inc	18.9 %
PCOR	procore technologies inc	16.1 %

Top 5 Winners ($)		$
CTLT	catalent inc	69.2 M
CRTO	criteo s a	44.3 M
PCOR	procore technologies inc	41.4 M
PEGA	pegasystems inc	21.8 M
RELY	remitly global inc	13.8 M

Top 5 Losers (%)		%
BIGC	bigcommerce hldgs inc	-29.2 %
MVIS	microvision inc del	-22.0 %
AUR	aurora innovation inc	-18.9 %
BRZE	braze inc	-17.5 %
ESTC	elastic n v	-14.4 %

Top 5 Losers ($)		$
PLNT	planet fitness inc	-50.7 M
BRZE	braze inc	-42.7 M
BIGC	bigcommerce hldgs inc	-21.5 M
GH	guardant health inc	-11.2 M
ESTC	elastic n v	-11.1 M

CADIAN CAPITAL MANAGEMENT, LP Holdings Map

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

Current Stock Holdings of CADIAN CAPITAL MANAGEMENT, LP

CADIAN CAPITAL MANAGEMENT, LP has 36 stocks in it's portfolio. About 67% of the portfolio is in top 10 stocks. PLNT proved to be the most loss making stock for the portfolio. CTLT was the most profitable stock for CADIAN CAPITAL MANAGEMENT, LP last quarter.

Last Reported on: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ARRW	arrowroot acquisition corp	0.00	250,000	58,750	unchanged	0.00

AUR	aurora innovation inc	1.07	10,690,800	30,148,000	added	160

BATRA	liberty media corp del	0.00	0.00	0.00	sold off	-100

BATRA	liberty media corp del	0.00	0.00	0.00	sold off	-100

BBWI	bath & body works inc	1.87	1,050,000	52,521,000	reduced	-22.22

BIGC	bigcommerce hldgs inc	1.85	7,553,280	52,042,100	unchanged	0.00

BOWL	bowlero corp	0.06	134,343	1,840,500	reduced	-53.52

BRZE	braze inc	7.14	4,533,820	200,848,000	added	183

CDNA	caredx inc	0.11	303,106	3,209,890	new

CRTO	criteo s a	6.55	5,253,950	184,256,000	added	23.93

CTLT	catalent inc	6.47	3,225,830	182,098,000	reduced	-46.81

CXM	sprinklr inc	5.58	12,783,300	156,851,000	reduced	-12.2

CYRX	cryoport inc	3.05	4,847,770	85,805,500	added	39.94

ESTC	elastic n v	2.35	658,000	65,957,900	new

GH	guardant health inc	4.25	5,792,780	119,505,000	added	715

GLBE	global e online ltd	0.91	701,580	25,502,400	new

GOOG	alphabet inc	0.26	48,818	7,368,100	reduced	-56.34

H	hyatt hotels corp	1.69	296,800	47,375,200	reduced	-48.99

HUBS	hubspot inc	4.66	209,207	131,081,000	reduced	-39.21

IQV	iqvia hldgs inc	0.00	0.00	0.00	sold off	-100