Cadiz
CDZI
121 hedge funds and large institutions have $203M invested in Cadiz in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 39 increasing their positions, 28 reducing their positions, and 15 closing their positions.
1,083% more call options, than puts
Call options by funds: $19.3M | Put options by funds: $1.63M
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
39% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 28
20% more capital invested
Capital invested by funds: $169M → $203M (+$34M)
10% more funds holding
Funds holding: 110 → 121 (+11)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.09% less ownership
Funds ownership: 43.58% → 43.49% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gratia Capital
Los Angeles,
California
|
+$3.58M |
| 2 |
Morgan Stanley
New York
|
+$2.69M |
| 3 |
Jane Street
New York
|
+$2.39M |
| 4 |
SCM
Stonehill Capital Management
New York
|
+$1.78M |
| 5 |
MCM
Massar Capital Management
Stamford,
Connecticut
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$7.05M |
| 2 |
Capstone Investment Advisors
New York
|
-$2.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.48M |
| 5 |
RC
Rangeley Capital
New Canaan,
Connecticut
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
126
Mirabella Financial Services
London,
United Kingdom
| – | -$236K | -50,000 | Closed |
|
127
Financial Engines Advisors
Santa Clara,
California
| – | -$188K | -39,863 | Closed |
|
|
EPM
128
Equitec Proprietary Markets
Chicago,
Illinois
| – | -$155K | -32,735 | Closed |
|
129
Credit Agricole
Montrouge Cedex,
France
| – | -$72.3K | -15,324 | Closed |
|
|
LCM
130
LDR Capital Management
New York
| – | -$71.3K | -15,113 | Closed |
|
|
SPA
131
Sherbrooke Park Advisers
White Plains,
New York
| – | -$55.9K | -11,851 | Closed |
|
|
BFM
132
Boothbay Fund Management
New York
| – | -$54.1K | -11,470 | Closed |
|
133
Marshall Wace
London,
United Kingdom
| – | -$52.4K | -11,100 | Closed |
|
|
QL
134
Quarry LP
New York
| – | -$39.8K | -8,423 | Closed |
|
|
1IA
135
1620 Investment Advisors
Plymouth,
Massachusetts
| – | -$165 | -35 | Closed |
|
|
SS
136
SBI Securities
Tokyo,
Japan
| – | -$5 | -1 | Closed |
|
CDZI Hedge Fund Activity: Q4 2025 in Review
121 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Cadiz (CDZI) for Q4 2025, worth a combined $203M — up 20% from $169M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CDZI positions and 15 closed out — a net gain of 13 holders — while 39 added to existing stakes and 28 trimmed.
The largest buyer was Gratia Capital, adding an estimated $3.58M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $7.05M sold.
- 121 institutional investors held Cadiz (CDZI) as of Q4 2025, up from 110 in Q3 2025.
- Funds reported $203M of Cadiz stock for Q4 2025, up 20% quarter-over-quarter.
- 28 funds opened new Cadiz positions in Q4 2025 and 15 closed out, a net change of +13 holders.
- The largest Cadiz buyer in Q4 2025 was Gratia Capital, an estimated $3.58M added.
- The largest Cadiz seller in Q4 2025 was Alyeska Investment Group, an estimated $7.05M sold.
Based on aggregated 13F filings for Q4 2025.