Cadian Capital Management, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Cadian Capital Management, LP disclosed 30 US equity positions worth $2.3bn in its Q1 2025 13F filing. The largest position was ESTC at 9.7% of the reported book, followed by GH and BRZE. Against the Q4 2024 filing, it opened 6 new positions, added to 20 and reduced 3 among the top 30 holdings.
What did Cadian Capital Management, LP own in Q1 2025? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | ESTC ELASTIC N V | Technology | 9.7% | $227.2m | 2,549,595 | 34% | added |
| 2 | GH GUARDANT HEALTH INC | Healthcare | 8.4% | $195.8m | 4,595,087 | -12% | reduced |
| 3 | BRZE BRAZE INC | Technology | 7.0% | $164.4m | 4,556,615 | 24% | added |
| 4 | CRTO CRITEO S A | 6.7% | $157.7m | 4,452,189 | 72% | added | |
| 5 | ROKU ROKU INC | Communication Services | 6.3% | $147.0m | 2,086,800 | 77% | added |
| 6 | PCOR PROCORE TECHNOLOGIES INC | Technology | 5.6% | $130.3m | 1,973,754 | 104% | added |
| 7 | NTNX NUTANIX INC | Technology | 5.2% | $120.5m | 1,726,792 | 19% | added |
| 8 | SPT SPROUT SOCIAL INC | Technology | 4.8% | $111.3m | 5,061,146 | 11% | added |
| 9 | EVH EVOLENT HEALTH INC | Healthcare | 4.4% | $102.2m | 10,794,606 | 107% | added |
| 10 | IQV IQVIA HLDGS INC | Healthcare | 4.0% | $92.9m | 527,000 | 32% | added |
| 11 | PLNT PLANET FITNESS INC | Consumer Cyclical | 3.9% | $90.1m | 932,973 | 45% | added |
| 12 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 3.7% | $86.8m | 2,434,000 | 480% | added |
| 13 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 3.4% | $79.6m | 2,625,284 | 160% | added |
| 14 | MNDY MONDAY COM LTD | Technology | 3.0% | $69.0m | 283,855 | 89% | added |
| 15 | FLYW FLYWIRE CORPORATION | Technology | 2.9% | $66.8m | 7,029,707 | – | new |
| 16 | RELY REMITLY GLOBAL INC | Technology | 2.7% | $62.5m | 3,002,788 | -46% | reduced |
| 17 | USFD US FOODS HLDG CORP | Consumer Defensive | 2.5% | $57.6m | 879,496 | 0% | held |
| 18 | 8QR CONFLUENT INC | 2.3% | $53.5m | 2,281,687 | 170% | added | |
| 19 | ACVA ACV AUCTIONS INC | Consumer Cyclical | 2.2% | $51.8m | 3,678,018 | – | new |
| 20 | OPLN OPENLANE INC | Consumer Cyclical | 1.9% | $45.5m | 2,362,194 | 24% | added |
| 21 | LAD LITHIA MTRS INC | Consumer Cyclical | 1.4% | $33.1m | 112,641 | 29% | added |
| 22 | HUBS HUBSPOT INC | Technology | 1.4% | $32.9m | 57,620 | – | new |
| 23 | CYRX CRYOPORT INC | Industrials | 1.3% | $30.3m | 4,982,027 | 1% | added |
| 24 | TCMD TACTILE SYS TECHNOLOGY INC | Healthcare | 1.2% | $28.2m | 2,135,592 | 23% | added |
| 25 | MXCT MAXCYTE INC | 1.2% | $27.4m | 10,027,727 | 7% | added | |
| 26 | FNAUSD PARAGON 28 INC | 1.2% | $27.1m | 2,075,005 | 48% | added | |
| 27 | SDGR SCHRODINGER INC | Healthcare | 0.9% | $21.8m | 1,105,000 | – | new |
| 28 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 0.9% | $20.4m | 53,337 | -15% | reduced |
| 29 | QUBT QUANTUM COMPUTING INC | 0.1% | $2.2m | 270,000 | – | new | |
| 30 | CRWV COREWEAVE INC | Technology | 0.1% | $1.5m | 40,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.