Data as of Q4 2025 (Dec 31, 2025)

CADIAN CAPITAL MANAGEMENT, LP

โ€ขCIK: 1423686โ€ขFiling: Q4 2025

**CADIAN CAPITAL MANAGEMENT, LP** manages $1.4B across a portfolio of 26 positions, demonstrating concentrated conviction in select growth names. The fund's top holdings reveal significant allocations, notably $190.4M in DKNG and $172.4M in IVZ. Further substantial weight is placed on technology and specialized sectors, evidenced by $123.9M in IQV and $112.2M in FLYW. This structure suggests a focused, high-conviction approach targeting outsized returns within its chosen market segments.

Total AUM
$1.4B
QoQ Performance
-17.7%
Positions
26
Top 10 Concentration
74.6%
Latest Filing
Q4 2025

Top Holdings Allocation

DKNG
GLBE
IQV
FLYW
GH
PCOR
VRNS
NTNX
DKNG13.7%
GLBE12.5%
IQV8.9%
FLYW8.1%
GH6.8%
PCOR5.5%
VRNS5.4%
NTNX5.1%

๐Ÿ“ˆ Biggest Buys

DKNG
DRAFTKINGS INC NEW
+297.8%
13.7% of portfolio
HQY
HEALTHEQUITY INC
NEW
3.7% of portfolio
ALKT
ALKAMI TECHNOLOGY INC
NEW
1.9% of portfolio
MNDY
MONDAY COM LTD
+66.1%
4.7% of portfolio
PCOR
PROCORE TECHNOLOGIES INC
+35.3%
5.5% of portfolio

๐Ÿ“‰ Biggest Sells

8QR
CONFLUENT INC
-78.3%
2.8% of portfolio
GH
GUARDANT HEALTH INC
-56.9%
6.8% of portfolio
IQV
IQVIA HLDGS INC
-31.6%
8.9% of portfolio
GLBE
GLOBAL E ONLINE LTD
-22.7%
12.5% of portfolio
FLYW
FLYWIRE CORPORATION
-29.9%
8.1% of portfolio

Sector Breakdown

Other99.3%
Technology0.7%

๐Ÿšช Exited Positionssold since Q3 2025

HUBS
HUBSPOT INC
SOLD
$63.3M
CRTO
CRITEO S A
SOLD
$56.0M
BRZE
BRAZE INC
SOLD
$50.1M
SPT
SPROUT SOCIAL INC
SOLD
$49.8M
RELY
REMITLY GLOBAL INC
SOLD
$21.0M
+3 more exited positions

Changes from Q3 2025

NEW8 new positions
โ†‘8 increased
โ†“10 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023