Latest IRIDIAN ASSET MANAGEMENT LLC/CT Stock Portfolio

IRIDIAN ASSET MANAGEMENT LLC/CT Performance:

2024 Q3: 2.75%YTD: 3.98%2023: 18.91%

Performance for 2024 Q3 is 2.75%, and YTD is 3.98%, and 2023 is 18.91%.

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 $467.1 Millions as of 30 Sep, 2024.

The top stock holdings of IRIDIAN ASSET MANAGEMENT LLC/CT are SPY, IJR, TNL. The fund has invested 12.3% of it's portfolio in SPDR S&P 500 ETF TR and 9.5% of portfolio in ISHARES TR.

The fund managers got completely rid off AVANTOR INC (AVTR) and GINKGO BIOWORKS HOLDINGS INC (DNA) stocks. They significantly reduced their stock positions in ZILLOW GROUP INC (Z), INTERCONTINENTAL EXCHANGE IN (ICE) and CLEAR SECURE INC (YOU). IRIDIAN ASSET MANAGEMENT LLC/CT opened new stock positions in NUVECTIS PHARMA INC (NVCT), SELECTQUOTE INC (SLQT) and GRAYSCALE BITCOIN MINI TR BT. The fund showed a lot of confidence in some stocks as they added substantially to WOLFSPEED INC (WOLF), PRECIGEN INC (PGEN) and LPL FINL HLDGS INC (LPLA).

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 2.75% in the last quarter. In trailing 12 months, it's portfolio return was 12.92%.

New Buys

Ticker	$ Bought
nuvectis pharma inc	348,340
selectquote inc	221,572
grayscale bitcoin mini tr bt	114,289
altus power inc	40,237

New stocks bought by IRIDIAN ASSET MANAGEMENT LLC/CT

Additions

Ticker	% Inc.
wolfspeed inc	319
precigen inc	82.49
lpl finl hldgs inc	77.67
chart inds inc	74.46
herbalife ltd	43.71
avadel pharmaceuticals plc	42.48
rentokil initial plc	32.63
beacon roofing supply inc	27.52

Additions to existing portfolio by IRIDIAN ASSET MANAGEMENT LLC/CT

Reductions

Ticker	% Reduced
zillow group inc	-78.05
intercontinental exchange in	-46.79
clear secure inc	-40.03
kkr & co inc	-32.56
labcorp holdings inc	-29.72
bellring brands inc	-29.17
crown hldgs inc	-28.64
post hldgs inc	-19.54

IRIDIAN ASSET MANAGEMENT LLC/CT reduced stake in above stock

Sold off

Ticker	$ Sold
avantor inc	-3,437,220
ginkgo bioworks holdings inc	-7,767

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

Sector Distribution

IRIDIAN ASSET MANAGEMENT LLC/CT has about 31% of it's holdings in Others sector.

Sector	%
Others	31
Consumer Cyclical	22.8
Technology	13.3
Healthcare	10.4
Consumer Defensive	8.4
Financial Services	5.8
Industrials	2.9
Energy	2
Basic Materials	1.7
Real Estate	1.3

Market Cap. Distribution

IRIDIAN ASSET MANAGEMENT LLC/CT has about 24.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	36.9
UNALLOCATED	31
LARGE-CAP	24.4
SMALL-CAP	6.7

Stocks belong to which Index?

About 32.6% of the stocks held by IRIDIAN ASSET MANAGEMENT LLC/CT either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	67.4
RUSSELL 2000	21.9
S&P 500	10.7

Top 5 Winners (%)		%
YOU	clear secure inc	66.7 %
MRCY	mercury sys inc	36.6 %
TGTX	tg therapeutics inc	26.3 %
CCK	crown hldgs inc	26.1 %
LAD	lithia mtrs inc	24.4 %

Top 5 Winners ($)		$
CCK	crown hldgs inc	5.3 M
LAD	lithia mtrs inc	4.5 M
IJR	ishares tr	3.6 M
YOU	clear secure inc	3.4 M
SPY	spdr s&p 500 etf tr	3.0 M

Top 5 Losers (%)		%
SLQT	selectquote inc	-38.4 %
WOLF	wolfspeed inc	-35.6 %
KPLT	katapult holdings inc	-35.5 %
PGEN	precigen inc	-30.4 %
HLF	herbalife ltd	-27.1 %

Top 5 Losers ($)		$
HLF	herbalife ltd	-5.9 M
WOLF	wolfspeed inc	-2.8 M
KPLT	katapult holdings inc	-2.3 M
LPLA	lpl finl hldgs inc	-1.8 M
PGEN	precigen inc	-1.6 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 53 stocks in it's portfolio. About 56.7% of the portfolio is in top 10 stocks. HLF proved to be the most loss making stock for the portfolio. CCK was the most profitable stock for IRIDIAN ASSET MANAGEMENT LLC/CT last quarter.

Last Reported on: 25 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACVA	acv auctions inc	4.62	1,062,080	21,592,100	reduced	-11.61

AMPS	altus power inc	0.01	12,653	40,237	new

AVTR	avantor inc	0.00	0.00	0.00	sold off	-100

AXSM	axsome therapeutics inc	2.44	126,803	11,395,800	reduced	-0.08

BE	bloom energy corp	0.14	62,951	664,763	unchanged	0.00

BECN	beacon roofing supply inc	1.55	83,713	7,235,320	added	27.52

BILL	bill holdings inc	3.33	294,668	15,546,700	added	26.92

BKR	baker hughes company	1.12	145,094	5,245,150	reduced	-3.91

BRBR	bellring brands inc	0.74	56,758	3,446,350	reduced	-29.17

CCK	crown hldgs inc	4.02	195,849	18,778,000	reduced	-28.64

CHX	championx corporation	0.83	127,943	3,857,480	added	0.89

CLNE	clean energy fuels corp	0.10	146,377	455,232	unchanged	0.00

CLVT	clarivate plc	1.59	1,045,680	7,424,320	reduced	-2.24

CRL	charles riv labs intl inc	2.32	55,043	10,841,800	added	19.23

DBRG	digitalbridge group inc	1.17	387,827	5,480,000	added	19.3

DNA	ginkgo bioworks holdings inc	0.00	0.00	0.00	sold off	-100

DNMR	danimer scientific inc	0.00	11,760	5,341	unchanged	0.00

ELV	elevance health inc	4.36	39,154	20,360,100	added	10.7

ESI	element solutions inc	1.69	290,769	7,897,290	added	13.4

FLEX	flex ltd	3.82	533,225	17,825,700	reduced	-8.87