CADIAN CAPITAL MANAGEMENT, LLC

Hedge Fund • Long/Short

CADIAN CAPITAL MANAGEMENT, LLC is a Long/Short Hedge Fund based in New York, NY led by Conor O'Brien, reporting $3.3B in AUM as of Q3 2025 with 46% Technology concentration, 70% concentrated in top 10 holdings, and 46% technology allocation.

CFOConor O'Brien

Portfolio Value: $1.7B
Positions: 26
Top Holding: GLBE at 12.06%
Last Reported: Q3 2025

Address535 Madison Avenue, 36th Floor, New York, NY, 10022, United States

Top Holdings

Largest long holdings in CADIAN CAPITAL MANAGEMENT, LLC's portfolio (70.4% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Global-E Online GLBE	Specialty Retail Consumer Cyclical	$202.9M	12.06%	+$5.6M Bought	3.34% 5.7M shares	Q1 2024 Held for 1y 8m
2 Flywire Corporation FLYW	Information Technology Services Technology	$153.1M	9.10%	+$21.0M Bought	9.25% 11.3M shares	Q1 2025 Held for 8 months
3 IQVIA IQV	Medical - Diagnostics & Research Healthcare	$152.5M	9.06%	+$28.6M Bought	0.47% 803.1K shares	Q4 2024 Held for 11 months
4 Guardant Health GH	Medical - Diagnostics & Research Healthcare	$133.8M	7.95%	-$64.9M Sold	1.72% 2.1M shares	Q4 2023 Held for 1y 11m
5 Confluent CFLT	Software - Infrastructure Technology	$116.3M	6.91%	+$30.1M Bought	1.70% 5.9M shares	Q3 2024 Held for 1y 2m
6 Varonis Systems VRNS	Software - Infrastructure Technology	$104.4M	6.20%	+$104.4M Bought	1.62% 1.8M shares	Q3 2025 Held for 2 months
7 Evolent Health, Inc. EVH	Medical - Healthcare Information Services Healthcare	$99.2M	5.90%	+$11.0M Bought	10.11% 11.7M shares	Q4 2024 Held for 11 months
8 Nutanix, Inc. NTNX	Software - Infrastructure Technology	$95.5M	5.68%	+$6.2M Bought	0.48% 1.3M shares	Q1 2024 Held for 1y 8m
9 Omnicell OMCL	Medical - Healthcare Information Services Healthcare	$63.7M	3.79%	+$13.1M Bought	4.56% 2.1M shares	Q2 2025 Held for 5 months
10 HubSpot HUBS	Software - Application Technology	$63.3M	3.76%	+$43.1M Bought	0.26% 135.3K shares	Q2 2022 Held for 3y 5m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in CADIAN CAPITAL MANAGEMENT, LLC's latest filing

See all changes

GthenC

Market Value

$1.7B

Prior: $1.8B

Q/Q Change

-5.75%

-$102.7M

Net Flows % of MV

-17.28%

Turnover Ratio

27.55%

New Purchases

4 stocks

$25.5M

Added To

10 stocks

+$204.5M

Sold Out Of

5 stocks

$260.5M

Reduced Holdings

9 stocks

-$260.3M

Increased Positions

Position	Shares Δ	Change
1 Wix.com WIX	New	0 → 57.5K +$10.2M
2 SI-BONE, Inc. SIBN	New	0 → 595.0K +$8.8M
3 OmniAb, Inc. OABI	New	0 → 3.7M +$5.9M
4 Rubrik RBRK	New	0 → 8.0K +$658.0K
5 DraftKings Inc. DKNG	+716.92%	170.0K → 1.4M +$45.6M

Decreased Positions

Position	Shares Δ	Change
1 Roku, Inc. ROKU	Sold	955.9K → 0 −$84.0M
2 Schrodinger SDGR	Sold	3.0M → 0 −$61.3M
3 ACV Auctions Inc. ACVA	Sold	3.4M → 0 −$55.2M
4 Elastic ESTC	Sold	583.5K → 0 −$49.2M
5 Pros Holdings PRO	Sold	690.3K → 0 −$10.8M