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IAM
Iridian Asset Management Portfolio holdings
AUM
$247M
1-Year Est. Return
20.65%
This Fund
S&P 500
This Quarter
Est. Return
-3.67%
1 Year Est. Return
+20.65%
3 Year Est. Return
+52.17%
5 Year Est. Return
+62.16%
10 Year Est. Return
+315.77%
AUM
$3.28B
AUM Growth
-$2.45B
(-43%)
Cap. Flow
-$2.17B
Cap. Flow
% of AUM
-66.22%
Top 10 Holdings %
Top 10 Hldgs %
35.03%
Holding
123
New
10
Increased
14
Reduced
57
Closed
30
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Crown Holdings
CCK
|
+$93.6M |
| 2 |
ON Semiconductor
ON
|
+$40.6M |
| 3 |
Archer Aviation
ACHR
|
+$18.1M |
| 4 |
Cipher Digital
CIFR
|
+$5.34M |
| 5 |
SMLR
Semler Scientific
SMLR
|
+$5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gen Digital
GEN
|
+$182M |
| 2 |
Labcorp
LH
|
+$126M |
| 3 |
Wynn Resorts
WYNN
|
+$115M |
| 4 |
Teck Resources
TECK
|
+$93.2M |
| 5 |
Flex
FLEX
|
+$91.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 21.29% |
| 2 | Technology | 19.76% |
| 3 | Healthcare | 19% |
| 4 | Financials | 11.91% |
| 5 | Industrials | 9.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Flex
FLEX
$41.5B
| $147M | 4.48% |
11,020,858
-6,775,860
| -38% | -$91.1M |
|
2
Post Holdings
POST
$4.27B
| $138M | 4.2% |
1,909,615
-1,156,069
| -38% | -$82M |
|
|
3
Labcorp
LH
$25.8B
| $126M | 3.85% |
521,003
-500,171
| -49% | -$126M |
|
4
Travel + Leisure Co
TNL
$4.81B
| $114M | 3.48% |
2,091,247
-878,588
| -30% | -$48.1M |
|
5
Elevance Health
ELV
$83.7B
| $113M | 3.44% |
302,367
-151,786
| -33% | -$57.7M |
|
6
Avantor
AVTR
$8.48B
| $105M | 3.2% |
2,566,589
-1,098,252
| -30% | -$42.9M |
|
|
TMX
7
DELISTED
Terminix Global Holdings, Inc.
TMX
| $102M | 3.12% |
2,455,042
-1,394,011
| -36% | -$64.1M |
|
8
Restaurant Brands International
QSR
$26B
| $102M | 3.11% |
1,666,348
-527,005
| -24% | -$33.8M |
|
|
9
Crown Holdings
CCK
$13.2B
| $101M | 3.1% |
1,006,936
+891,964
| +776% | +$93.6M |
|
10
Qorvo
QRVO
$8.09B
| $99.6M | 3.04% |
595,511
-293,697
| -33% | -$54.6M |
|
11
Hilton Grand Vacations
HGV
$4.14B
| $98.7M | 3.01% |
2,075,140
-1,236,053
| -37% | -$52.3M |
|
|
SPLK
12
DELISTED
Splunk Inc
SPLK
| $97M | 2.96% |
670,323
-514,461
| -43% | -$74.9M |
|
13
Molina Healthcare
MOH
$10.5B
| $95.1M | 2.9% |
350,496
-155,798
| -31% | -$41.1M |
|
|
UNVR
14
DELISTED
Univar Solutions Inc.
UNVR
| $88.4M | 2.7% |
3,710,286
-2,027,203
| -35% | -$47.9M |
|
15
Arch Capital
ACGL
$37.2B
| $86.7M | 2.65% |
2,270,173
-1,402,641
| -38% | -$55.6M |
|
16
Toll Brothers
TOL
$14.5B
| $81.3M | 2.48% |
1,469,795
-693,601
| -32% | -$41M |
|
17
Lithia Motors
LAD
$8.17B
| $81.2M | 2.48% |
255,962
+10,250
| +4% | +$3.57M |
|
|
18
Teck Resources
TECK
$28.8B
| $80.7M | 2.46% |
3,238,731
-4,067,443
| -56% | -$93.2M |
|
19
Wolfspeed
WOLF
$1.14B
| $77.2M | 2.36% |
956,152
-257,417
| -21% | -$22.9M |
|
20
LPL Financial
LPLA
$27.4B
| $75.7M | 2.31% |
482,649
-193,627
| -29% | -$27.8M |
|
|
BECN
21
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $75.1M | 2.29% |
1,571,687
-790,464
| -33% | -$41M |
|
22
Lyft
LYFT
$5.87B
| $73.8M | 2.25% |
1,377,608
-916,767
| -40% | -$48.6M |
|
23
Ball Corp
BALL
$17.8B
| $72.8M | 2.22% |
809,157
-320,299
| -28% | -$28.4M |
|
24
Intercontinental Exchange
ICE
$86.4B
| $71M | 2.17% |
618,676
-440,164
| -42% | -$52.2M |
|
25
DigitalBridge
DBRG
$2.93B
| $69.1M | 2.11% |
2,866,431
-902,171
| -24% | -$24.9M |
|
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Iridian Asset Management's Q3 2021 Portfolio in Review
As of Q3 2021, Iridian Asset Management held 123 positions worth $3.28B, down 43% from $5.72B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Iridian Asset Management withdrew a net $2.17B in Q3 2021, closing 30 positions and reducing 57 holdings. Its most notable exit was Gen Digital, an estimated $182M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 21% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Iridian Asset Management opened a new position in ON Semiconductor worth $43.5M.
- Iridian Asset Management's largest Q3 2021 buy was ON Semiconductor: 950,748 shares worth $43.5M.
- Iridian Asset Management added most to Crown Holdings in Q3 2021, an estimated $93.6M increase.
- Iridian Asset Management's biggest Q3 2021 reduction was Labcorp, cutting an estimated $126M.
- Iridian Asset Management fully exited Gen Digital in Q3 2021, selling an estimated $182M.
- Iridian Asset Management's ten largest holdings make up 35% of its $3.28B portfolio in Q3 2021.
- Iridian Asset Management opened 10 new positions and closed 30 in Q3 2021.
- Iridian Asset Management's portfolio value fell 43% quarter-over-quarter to $3.28B.
Based on Iridian Asset Management's 13F filing for Q3 2021, filed 10 Nov 2021.