We are live on
!
Find out more
CCM
Cadian Capital Management Portfolio holdings
AUM
$821M
1-Year Est. Return
14.36%
This Fund
S&P 500
This Quarter
Est. Return
+14.83%
1 Year Est. Return
-14.36%
3 Year Est. Return
+4.6%
5 Year Est. Return
+8.64%
10 Year Est. Return
+282.79%
AUM
$2.26B
AUM Growth
+$160M
(+7.6%)
Cap. Flow
-$145M
Cap. Flow
% of AUM
-6.41%
Top 10 Holdings %
Top 10 Hldgs %
66.65%
Holding
31
New
5
Increased
8
Reduced
14
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Etsy
ETSY
|
+$143M |
| 2 |
Meta Platforms (Facebook)
META
|
+$97.8M |
| 3 |
BPMC
Blueprint Medicines
BPMC
|
+$41.1M |
| 4 |
Booking.com
BKNG
|
+$29.6M |
| 5 |
Wayfair
W
|
+$28M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palo Alto Networks
PANW
|
+$131M |
| 2 |
Sarepta Therapeutics
SRPT
|
+$70.9M |
| 3 |
ZGNX
Zogenix, Inc.
ZGNX
|
+$59.4M |
| 4 |
PPLI
People Inc
PPLI
|
+$56M |
| 5 |
Spotify
SPOT
|
+$45.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.75% |
| 2 | Communication Services | 30.76% |
| 3 | Healthcare | 19.27% |
| 4 | Consumer Discretionary | 11.16% |
| 5 | Industrials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PPLI
1
People Inc
PPLI
$3.12B
| $317M | 14.02% |
7,130,088
-1,389,244
| -16% | -$56M |
|
|
2
Palo Alto Networks
PANW
$256B
| $161M | 7.1% |
4,171,596
-3,465,300
| -45% | -$131M |
|
|
BPMC
3
DELISTED
Blueprint Medicines
BPMC
| $158M | 6.96% |
1,968,038
+549,334
| +39% | +$41.1M |
|
4
Varonis Systems
VRNS
$4.67B
| $146M | 6.44% |
5,625,162
-62,811
| -1% | -$1.49M |
|
|
ZNGA
5
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $139M | 6.15% |
22,751,587
-5,741,913
| -20% | -$35.5M |
|
|
6
Etsy
ETSY
$8.12B
| $133M | 5.87% |
+3,000,000
| New | +$143M |
|
|
7
Spotify
SPOT
$108B
| $120M | 5.28% |
800,000
-330,000
| -29% | -$45.3M |
|
|
ZGNX
8
DELISTED
Zogenix, Inc.
ZGNX
| $113M | 5.01% |
2,177,056
-1,296,639
| -37% | -$59.4M |
|
|
9
Meta Platforms (Facebook)
META
$1.49T
| $113M | 4.99% |
550,000
+505,000
| +1,122% | +$97.8M |
|
10
Radware
RDWR
$983M
| $109M | 4.82% |
4,232,009
| – | – |
|
|
11
Booking.com
BKNG
$156B
| $92.6M | 4.09% |
1,127,500
+377,500
| +50% | +$29.6M |
|
|
ZEN
12
DELISTED
ZENDESK INC
ZEN
| $92M | 4.06% |
1,200,000
+138,600
| +13% | +$10.1M |
|
13
Pegasystems
PEGA
$5.09B
| $82.4M | 3.64% |
2,069,850
-833,176
| -29% | -$31.5M |
|
|
14
Sarepta Therapeutics
SRPT
$1.64B
| $71M | 3.14% |
550,000
-702,500
| -56% | -$70.9M |
|
15
Guidewire Software
GWRE
$13.9B
| $57.4M | 2.54% |
522,864
-33,232
| -6% | -$3.72M |
|
|
NSTG
16
DELISTED
NanoString Technologies, Inc.
NSTG
| $51.5M | 2.28% |
1,851,434
-624,635
| -25% | -$15.2M |
|
|
PTLA
17
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $50.9M | 2.25% |
2,133,343
-1,533,694
| -42% | -$42.3M |
|
18
Charter Communications
CHTR
$17.3B
| $48.5M | 2.14% |
100,000
-10,000
| -9% | -$4.6M |
|
|
EB
19
DELISTED
Eventbrite
EB
| $40.3M | 1.78% |
2,000,194
+465,194
| +30% | +$8.89M |
|
|
NBIS
20
Nebius Group N.V.
NBIS
$37.6B
| $30.4M | 1.34% |
700,000
-670,000
| -49% | -$25M |
|
|
21
Wayfair
W
$11.8B
| $27.1M | 1.2% |
+300,000
| New | +$28M |
|
22
Match Group
MTCH
$9.19B
| $27.1M | 1.2% |
+329,706
| New | +$24M |
|
|
GNMK
23
DELISTED
GenMark Diagnostics, Inc
GNMK
| $26.5M | 1.17% |
5,517,767
-125,351
| -2% | -$691K |
|
24
CVS Health
CVS
$135B
| $14.9M | 0.66% |
200,000
| – | – |
|
|
LSXMK
25
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $14.4M | 0.64% |
393,884
+274,460
| +230% | +$9.58M |
|
Similar funds
AC
DI
VT
ACM
MA
BC
SCM
FPCP
Cadian Capital Management's Q4 2019 Portfolio in Review
As of Q4 2019, Cadian Capital Management held 31 positions worth $2.26B, up 7.6% from $2.1B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Cadian Capital Management withdrew a net $145M in Q4 2019, closing 2 positions and reducing 14 holdings. Its most notable exit was HeadHunter Group PLC American Depositary Shares, an estimated $17.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 35% of assets, down from 42% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, Cadian Capital Management opened a new position in Etsy worth $133M.
- Cadian Capital Management's largest Q4 2019 buy was Etsy: 3,000,000 shares worth $133M.
- Cadian Capital Management added most to Meta Platforms (Facebook) in Q4 2019, an estimated $97.8M increase.
- Cadian Capital Management's biggest Q4 2019 reduction was Palo Alto Networks, cutting an estimated $131M.
- Cadian Capital Management fully exited HeadHunter Group PLC American Depositary Shares in Q4 2019, selling an estimated $17.6M.
- Cadian Capital Management's ten largest holdings make up 67% of its $2.26B portfolio in Q4 2019.
- Cadian Capital Management opened 5 new positions and closed 2 in Q4 2019.
- Cadian Capital Management's portfolio value rose 7.6% quarter-over-quarter to $2.26B.
Based on Cadian Capital Management's 13F filing for Q4 2019, filed 13 Feb 2020.