Latest CADIAN CAPITAL MANAGEMENT, LP Stock Portfolio
CADIAN CAPITAL MANAGEMENT, LP Performance:
2024 Q3: -3.24%YTD: -5.75%2023: 57.82%
Performance for 2024 Q3 is -3.24%, and YTD is -5.75%, and 2023 is 57.82%.
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 Billions as of 30 Sep, 2024.
The top stock holdings of CADIAN CAPITAL MANAGEMENT, LP are ESTC, PCOR, RELY. The fund has invested 9.9% of it's portfolio in ELASTIC N V and 8.9% of portfolio in PROCORE TECHNOLOGIES INC.
The fund managers got completely rid off VARONIS SYS INC (VRNS), SMARTSHEET INC (SMAR) and CATALENT INC (CTLT) stocks. They significantly reduced their stock positions in OMNICELL COM (OMCL), AURORA INNOVATION INC (AUR) and MIRUM PHARMACEUTICALS INC (MIRM). CADIAN CAPITAL MANAGEMENT, LP opened new stock positions in CONFLUENT INC (CFLT), PEGASYSTEMS INC (PEGA) and HUBSPOT INC (HUBS). The fund showed a lot of confidence in some stocks as they added substantially to GUARDANT HEALTH INC (GH), ELASTIC N V (ESTC) and BATH & BODY WORKS INC (BBWI).
The top stock holdings of CADIAN CAPITAL MANAGEMENT, LP are ESTC, PCOR, RELY. The fund has invested 9.9% of it's portfolio in ELASTIC N V and 8.9% of portfolio in PROCORE TECHNOLOGIES INC.
The fund managers got completely rid off VARONIS SYS INC (VRNS), SMARTSHEET INC (SMAR) and CATALENT INC (CTLT) stocks. They significantly reduced their stock positions in OMNICELL COM (OMCL), AURORA INNOVATION INC (AUR) and MIRUM PHARMACEUTICALS INC (MIRM). CADIAN CAPITAL MANAGEMENT, LP opened new stock positions in CONFLUENT INC (CFLT), PEGASYSTEMS INC (PEGA) and HUBSPOT INC (HUBS). The fund showed a lot of confidence in some stocks as they added substantially to GUARDANT HEALTH INC (GH), ELASTIC N V (ESTC) and BATH & BODY WORKS INC (BBWI).
CADIAN CAPITAL MANAGEMENT, LP Annual Return Estimates Vs S&P 500
Our best estimate is that CADIAN CAPITAL MANAGEMENT, LP made a return of -3.24% in the last quarter. In trailing 12 months, it's portfolio return was 3.53%.
New Buys
| Ticker | $ Bought |
|---|---|
| confluent inc | 51,585,200 |
| pegasystems inc | 39,944,100 |
| hubspot inc | 32,427,600 |
| paragon 28 inc | 12,692,000 |
New stocks bought by CADIAN CAPITAL MANAGEMENT, LP
Additions
| Ticker | % Inc. |
|---|---|
| guardant health inc | 121 |
| elastic n v | 111 |
| bath & body works inc | 77.81 |
| sprout social inc | 44.61 |
| remitly global inc | 30.17 |
| procore technologies inc | 27.63 |
| nutanix inc | 18.18 |
| global e online ltd | 17.96 |
Additions to existing portfolio by CADIAN CAPITAL MANAGEMENT, LP
Reductions
| Ticker | % Reduced |
|---|---|
| omnicell com | -67.67 |
| aurora innovation inc | -67.52 |
| mirum pharmaceuticals inc | -61.48 |
| bigcommerce hldgs inc | -45.32 |
| planet fitness inc | -36.73 |
| criteo s a | -34.4 |
| sprinklr inc | -24.79 |
| lithia mtrs inc | -20.94 |
CADIAN CAPITAL MANAGEMENT, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| varonis sys inc | -182,346,000 |
| microvision inc del | -1,198,480 |
| smartsheet inc | -36,222,700 |
| catalent inc | -12,145,700 |
| nano x imaging ltd | -1,247,800 |
| bowlero corp | -1,946,630 |
CADIAN CAPITAL MANAGEMENT, LP got rid off the above stocks
Sector Distribution
CADIAN CAPITAL MANAGEMENT, LP has about 54.2% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 54.2 |
| Consumer Cyclical | 15.3 |
| Healthcare | 14.6 |
| Others | 6.6 |
| Communication Services | 3.9 |
| Consumer Defensive | 3.6 |
| Industrials | 1.8 |
Market Cap. Distribution
CADIAN CAPITAL MANAGEMENT, LP has about 17.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 57.7 |
| LARGE-CAP | 17.9 |
| SMALL-CAP | 16.4 |
| UNALLOCATED | 6.6 |
| MICRO-CAP | 1.4 |
Stocks belong to which Index?
About 50.2% of the stocks held by CADIAN CAPITAL MANAGEMENT, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 49.8 |
| RUSSELL 2000 | 46.5 |
| S&P 500 | 3.7 |
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 27 stocks in it's portfolio. About 69.6% of the portfolio is in top 10 stocks. ESTC proved to be the most loss making stock for the portfolio. OMCL was the most profitable stock for CADIAN CAPITAL MANAGEMENT, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AUR | aurora innovation inc | 0.95 | 3,150,000 | 18,648,000 | reduced | -67.52 | ||
| BBWI | bath & body works inc | 3.67 | 2,245,700 | 71,682,700 | added | 77.81 | ||
| BIGC | bigcommerce hldgs inc | 1.12 | 3,747,000 | 21,920,000 | reduced | -45.32 | ||
| BOWL | bowlero corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRZE | braze inc | 7.44 | 4,496,850 | 145,428,000 | reduced | -8.25 | ||
| CFLT | confluent inc | 2.64 | 2,531,170 | 51,585,200 | new | |||
| CRTO | criteo s a | 3.85 | 1,870,550 | 75,270,800 | reduced | -34.4 | ||
| CTLT | catalent inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CXM | sprinklr inc | 1.84 | 4,646,470 | 35,917,200 | reduced | -24.79 | ||
| CYRX | cryoport inc | 1.79 | 4,318,010 | 35,019,000 | reduced | -6.55 | ||
| ESTC | elastic n v | 9.93 | 2,528,680 | 194,101,000 | added | 111 | ||
| FNA | paragon 28 inc | 0.65 | 1,900,000 | 12,692,000 | new | |||
| GH | guardant health inc | 8.14 | 6,930,470 | 158,985,000 | added | 121 | ||
| GPI | group 1 automotive inc | 1.58 | 80,424 | 30,805,600 | reduced | -10.00 | ||
| HUBS | hubspot inc | 1.66 | 61,000 | 32,427,600 | new | |||
| KAR | openlane inc | 2.11 | 2,446,240 | 41,292,500 | reduced | -6.31 | ||
| LAD | lithia mtrs inc | 1.82 | 112,063 | 35,595,700 | reduced | -20.94 | ||
| MIRM | mirum pharmaceuticals inc | 0.95 | 475,714 | 18,552,800 | reduced | -61.48 | ||
| MVIS | microvision inc del | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MXCT | maxcyte inc | 1.63 | 8,188,950 | 31,855,000 | added | 7.43 | ||