Cadian Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Cadian Capital Management, LP disclosed 26 US equity positions worth $1.4bn in its Q4 2025 13F filing. The largest position was DKNG at 13.7% of the reported book, followed by GLBE and IQV. Against the Q3 2025 filing, it opened 8 new positions, added to 8 and reduced 9 among the top 26 holdings.
What did Cadian Capital Management, LP own in Q4 2025? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 13.7% | $190.4m | 5,524,221 | 298% | added |
| 2 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 12.5% | $172.4m | 4,385,770 | -23% | reduced |
| 3 | IQV IQVIA HLDGS INC | Healthcare | 8.9% | $123.9m | 549,669 | -32% | reduced |
| 4 | FLYW FLYWIRE CORPORATION | Technology | 8.1% | $112.2m | 7,927,159 | -30% | reduced |
| 5 | GH GUARDANT HEALTH INC | Healthcare | 6.8% | $94.2m | 922,628 | -57% | reduced |
| 6 | PCOR PROCORE TECHNOLOGIES INC | Technology | 5.5% | $76.8m | 1,056,032 | 35% | added |
| 7 | VRNS VARONIS SYS INC | Technology | 5.4% | $74.9m | 2,282,581 | 26% | added |
| 8 | NTNX NUTANIX INC | Technology | 5.1% | $71.2m | 1,377,589 | 7% | added |
| 9 | MNDY MONDAY COM LTD | Technology | 4.7% | $64.7m | 438,490 | 66% | added |
| 10 | HQY HEALTHEQUITY INC | Healthcare | 3.7% | $51.9m | 566,700 | – | new |
| 11 | OMCL OMNICELL COM | Healthcare | 3.7% | $51.8m | 1,142,555 | -45% | reduced |
| 12 | CYRX CRYOPORT INC | Industrials | 3.4% | $47.6m | 4,962,552 | -0% | held |
| 13 | EVH EVOLENT HEALTH INC | Healthcare | 3.2% | $44.3m | 11,085,455 | -5% | reduced |
| 14 | 8QR CONFLUENT INC | 2.8% | $38.5m | 1,272,854 | -78% | reduced | |
| 15 | OPLN OPENLANE INC | Consumer Cyclical | 2.8% | $38.1m | 1,279,418 | 10% | added |
| 16 | TCMD TACTILE SYS TECHNOLOGY INC | Healthcare | 2.3% | $31.4m | 1,084,094 | -47% | reduced |
| 17 | ALKT ALKAMI TECHNOLOGY INC | Technology | 1.9% | $27.0m | 1,169,000 | – | new |
| 18 | SIBN SI-BONE INC | Healthcare | 1.7% | $23.1m | 1,171,100 | 97% | added |
| 19 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.3% | $17.3m | 57,000 | – | new |
| 20 | META META PLATFORMS INC | Communication Services | 0.7% | $9.0m | 13,700 | – | new |
| 21 | INTA INTAPP INC | Technology | 0.6% | $8.5m | 185,000 | – | new |
| 22 | OABI OMNIAB INC | 0.6% | $8.2m | 4,434,954 | 21% | added | |
| 23 | MXCT MAXCYTE INC | 0.4% | $5.7m | 3,683,052 | -55% | reduced | |
| 24 | U UNITY SOFTWARE INC | Technology | 0.0% | $574.2k | 13,000 | – | new |
| 25 | HIMS HIMS & HERS HEALTH INC | Healthcare | 0.0% | $410.3k | 12,635 | – | new |
| 26 | GOGO GOGO INC | Communication Services | 0.0% | $233.0k | 50,000 | – | 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.