1y return+6.7%S&P 500 +20.9%
3y return+47.6%S&P 500 +68.5%
5y return+48.2%S&P 500 +74.5%
10y return+426.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $527 against $357 in the S&P 500.2
Cadian Capital Management, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IQVIqvia Hldgs Inc | $157.6M | 11.9% | |
| GHGuardant Health Inc | $113.6M | 8.6% | −2.9% |
| FLYWFlywire Corporation | $100.9M | 7.6% | −13.2% |
| PLNTPlanet Fitness Master Issuer | $83.5M | 6.3% | +350.8% |
| Spotify Technology S ACUSIP L8681T102 | $79.9M | 6.0% | New |
| Monday Com LtdCUSIP M7S64H106 | $68.3M | 5.2% | +74.9% |
| VRNSVaronis Sys Inc | $66.5M | 5.0% | New |
| DHRDanaher Corp Del | $62.1M | 4.7% | New |
| EVHEvolent Health Inc | $58.6M | 4.4% | |
| HQYHealthequity Inc | $56.6M | 4.3% | −24.7% |
| INTAIntapp Inc | $55.0M | 4.2% | +74.6% |
| SIBNSi Bone Inc | $54.6M | 4.1% | +77.4% |
| BSXBoston Scientific Corp | $47.2M | 3.6% | +550.1% |
| TCMDTactile Sys Technology Inc | $47.0M | 3.6% | +51.5% |
| CYRXCryoport Inc | $45.9M | 3.5% | −38.9% |
| AMZNAmazon Com Inc | $42.8M | 3.2% | New |
| PCORProcore Technologies Inc | $34.3M | 2.6% | +156.1% |
| NTNXNutanix Inc | $30.6M | 2.3% | −29.5% |
| ALKTAlkami Technology Inc | $26.8M | 2.0% | +10.6% |
| VRSNVerisign Inc | $19.9M | 1.5% | +75.6% |
| TSMTaiwan Semiconductor Manufac | $17.1M | 1.3% | −24.7% |
| EQIXEquinix Inc | $14.2M | 1.1% | New |
| OABIOmniab Inc | $10.4M | 0.8% | +1.3% |
| METAMeta Platforms Inc | $8.2M | 0.6% | New |
| WKWorkiva Inc | $7.0M | 0.5% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GHGuardant Health Inc | December 31, 2023 | +454.6% | $113.6M |
| TCMDTactile Sys Technology Inc | December 31, 2023 | +108.3% | $47.0M |
| FLYWFlywire Corporation | March 31, 2025 | +84.9% | $100.9M |
| TSMTaiwan Semiconductor Manufac | December 31, 2025 | +57.2% | $17.1M |
| OABIOmniab Inc | September 30, 2025 | +53.8% | $10.4M |
| SIBNSi Bone Inc | September 30, 2025 | +10.9% | $54.6M |
| VRSNVerisign Inc | March 31, 2026 | +1.3% | $19.9M |
| HQYHealthequity Inc | December 31, 2025 | −1.4% | $56.6M |
| IQVIqvia Hldgs Inc | December 31, 2024 | −1.7% | $157.6M |
| PCORProcore Technologies Inc | June 30, 2022 | −10.5% | $34.3M |
Sold off last quarter
- DKNGDraftkings Inc New was $79.2M
- PANWPalo Alto Networks Inc was $44.0M
- Global E Online LtdCUSIP M5216V106 was $6.8M
- PEGAPegasystems Inc was $5.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +31.8% | +14.8% |
| March 31, 2026 | −24.2% | −4.6% |
| December 31, 2025 | +6.4% | +2.4% |
| September 30, 2025 | +0.4% | +7.8% |
| June 30, 2025 | +3.2% | +10.5% |
| March 31, 2025 | −6.5% | −4.6% |
| December 31, 2024 | +25.1% | +2.1% |
| September 30, 2024 | +2.2% | +5.4% |
| June 30, 2024 | −3.0% | +4.0% |
| March 31, 2024 | +5.3% | +10.0% |
| December 31, 2023 | +14.8% | +11.2% |
| September 30, 2023 | −4.4% | −3.6% |
| June 30, 2023 | +16.2% | +8.3% |
| March 31, 2023 | +25.5% | +7.0% |
| December 31, 2022 | −1.8% | +7.1% |
| September 30, 2022 | −1.0% | −5.3% |
| June 30, 2022 | −22.6% | −16.5% |
| March 31, 2022 | −3.6% | −4.9% |
| December 31, 2021 | −6.7% | +10.7% |
| September 30, 2021 | +1.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Cadian Capital Management, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1423686&type=13F-HR&dateb=&owner=include&count=40CIK 1423686
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1423686/000142368626000006/Filed August 14, 2026 · accession 0001423686-26-000006