Cadian Capital Management, LP
NEW YORK, NY
$1.3bn in 28 US stocks at the end of 30 June 2026. The top 10 are 64.2% of the money. It changed about 31.7% of the portfolio this quarter.
Value
$1.3bn
Stocks
28
Top 10 share
64.2%
Turnover
31.7%
What changed this quarter
New
Bought for the first time this quarter.
- Spotify TechnologySPOT6.0% of the fund
- Varonis SystemsVRNS5.0% of the fund
- DanaherDHR4.7% of the fund
- Amazon.comAMZN3.2% of the fund
- EquinixEQIX1.1% of the fund
- Meta PlatformsMETA0.6% of the fund
- WorkivaWK0.5% of the fund
- Sotera HealthSHC0.5% of the fund
- MedlineMDLN0.3% of the fund
Added
Bought more of a stock they already held.
- Planet FitnessPLNT6.3% of the fund+351%
- monday.comMNDY5.2% of the fund+75%
- IntappINTA4.2% of the fund+75%
- Si-BoneSIBN4.1% of the fund+77%
- Boston ScientificBSX3.6% of the fund+550%
- Tactile Systems TechnologyTCMD3.6% of the fund+51%
- Procore TechnologiesPCOR2.6% of the fund+156%
- Alkami TechnologyALKT2.0% of the fund+11%
- VerisignVRSN1.5% of the fund+76%
- MaxcyteMXCT0.2% of the fund+28%
Cut
Sold some of their stake.
- Guardant HealthGH8.6% of the fund-3%
- FlywireFLYW7.6% of the fund-13%
- HealthequityHQY4.3% of the fund-25%
- CryoportCYRX3.5% of the fund-39%
- NutanixNTNX2.3% of the fund-29%
- Taiwan Semiconductor ManufacturingTSM1.3% of the fund-25%
Sold out
Sold their entire stake.
- DraftKingsDKNG-100%
- Palo Alto NetworksPANW-100%
- Global-E OnlineGLBE-100%
- PegasystemsPEGA-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Iqvia HoldingsIQV | 11.9% | $158m | 815,752 | Held |
| Guardant HealthGH | 8.6% | $114m | 757,393 | -3% |
| FlywireFLYW | 7.6% | $101m | 5,744,166 | -13% |
| Planet FitnessPLNT | 6.3% | $83m | 1,600,340 | +351% |
| Spotify TechnologySPOT | 6.0% | $80m | 174,000 | New |
| monday.comMNDY | 5.2% | $68m | 944,029 | +75% |
| Varonis SystemsVRNS | 5.0% | $67m | 1,585,693 | New |
| DanaherDHR | 4.7% | $62m | 326,063 | New |
| Evolent HealthEVH | 4.4% | $59m | 10,814,473 | Held |
| HealthequityHQY | 4.3% | $57m | 626,700 | -25% |
| IntappINTA | 4.2% | $55m | 2,180,252 | +75% |
| Si-BoneSIBN | 4.1% | $55m | 3,347,574 | +77% |
| Boston ScientificBSX | 3.6% | $47m | 1,105,132 | +550% |
| Tactile Systems TechnologyTCMD | 3.6% | $47m | 1,576,940 | +51% |
| CryoportCYRX | 3.5% | $46m | 2,920,681 | -39% |
| Amazon.comAMZN | 3.2% | $43m | 179,700 | New |
| Procore TechnologiesPCOR | 2.6% | $34m | 845,000 | +156% |
| NutanixNTNX | 2.3% | $31m | 599,504 | -29% |
| Alkami TechnologyALKT | 2.0% | $27m | 1,476,832 | +11% |
| VerisignVRSN | 1.5% | $20m | 79,000 | +76% |
| Taiwan Semiconductor ManufacturingTSM | 1.3% | $17m | 35,900 | -25% |
| EquinixEQIX | 1.1% | $14m | 13,600 | New |
| OmniAbOABI | 0.8% | $10m | 4,211,821 | Held |
| Meta PlatformsMETA | 0.6% | $8m | 14,500 | New |
| WorkivaWK | 0.5% | $7m | 144,200 | New |
| Sotera HealthSHC | 0.5% | $6m | 350,000 | New |
| MedlineMDLN | 0.3% | $4m | 100,000 | New |
| MaxcyteMXCT | 0.2% | $3m | 2,201,166 | +28% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 26.0% since 30 June 2025.
Where the money is
Health care46.0%
Technology32.3%
Retail & consumer9.6%
Media & telecom6.7%
Industrials4.4%
Real estate1.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.