CDAM (UK) Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), CDAM (UK) Ltd reported 11 stock positions worth $803.9 million. Its top holding was Western Digital (WDC) at 12.2% of the portfolio, followed by Open Text (OTEX, 10.4%) and Lgi Homes (LGIH, 10.1%). Compared with Q4 2023, it opened 2 new positions, sold out of 1, added to 4 and reduced 5. The biggest buy was a new position in Elevance Health (ELV) and the biggest sale an exit from S&P Global (SPGI).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001719387
Portfolio Value
$803.9M (Q1 2024)
SEC Filing
0001719387-24-000003 ↗ filed May 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $803.9M $803.9M Q1 2024 Q2 2024: $669.6M Q2 2024 Q3 2024: $676.9M Q3 2024 Q4 2024: $666.4M Q4 2024 Q1 2025: $618.3M Q1 2025 Q2 2025: $601.3M Q2 2025 Q3 2025: $554.4M Q3 2025 Q4 2025: $549.9M Q4 2025 Q1 2026: $450.9M Q1 2026 Q2 2026: $387.4M Q2 2026

Holdings 11 stocks · $803.9M
WDC Western Digital Corp. 12.22% 1,440,034 $98.3M Reduce -8.5%
OTEX Open Text Corp. 10.36% 2,145,017 $83.3M Reduce -0.9%
LGIH Lgi Homes Inc. 10.11% 698,115 $81.2M Add +3.4%
CIGI Colliers Intl GR-Subord Vot 9.87% 649,311 $79.4M Reduce -1.2%
NOW ServiceNow Inc. 9.82% 103,599 $79.0M Reduce -1.2%
ZD Ziff Davis Inc. 9.81% 1,250,995 $78.9M Add +5.8%
DAVA Endava PLC- Spon ADR 8.80% 1,859,204 $70.7M Add +28.1%
ELV Elevance Health Inc. 8.26% 128,000 $66.4M New
QLYS Qualys Inc. 8.16% 393,260 $65.6M Reduce -1.9%
TFII Tfi International Inc. 7.76% 391,412 $62.4M Add +2.5%
CNM Core & Main Inc. Class A 4.82% 677,215 $38.8M New

Portfolio Sells Q4 2023 → Q1 2024
SPGI S&P Global Inc. Sold out 0.00% −7.93
QLYS Qualys Inc. Reduce -1.9% 8.16% −1.58
OTEX Open Text Corp. Reduce -0.9% 10.36% −0.90
CIGI Colliers Intl GR-Subord Vot Reduce -1.2% 9.87% −0.43
NOW ServiceNow Inc. Reduce -1.2% 9.82% +0.65
WDC Western Digital Corp. Reduce -8.5% 12.22% +2.02

Portfolio Buys Q4 2023 → Q1 2024
ELV Elevance Health Inc. New 8.26% +8.26
CNM Core & Main Inc. Class A New 4.82% +4.82
TFII Tfi International Inc. Add +2.5% 7.76% +1.33
ZD Ziff Davis Inc. Add +5.8% 9.81% −0.03
LGIH Lgi Homes Inc. Add +3.4% 10.11% −1.03
DAVA Endava PLC- Spon ADR Add +28.1% 8.80% −5.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$387.4MCNM, LGIH, NOW, VEEV, CIGI
Q1 2026 11$450.9MCNM, CRH, CIGI, VEEV, NOW
Q4 2025 11$549.9MCRH, CNM, OTEX, CIGI, VEEV
Q3 2025 11$554.4MOTEX, VEEV, CRH, CIGI, CNM
Q2 2025 11$601.3MCNM, CIGI, VEEV, OTEX, QLYS
Q1 2025 11$618.3MQLYS, CIGI, CNM, VEEV, OTEX
Q4 2024 10$666.4MQLYS, CIGI, ZD, CNM, DAVA
Q3 2024 10$676.9MCIGI, LGIH, OTEX, ELV, NOW
Q2 2024 10$669.6MNOW, ELV, CIGI, ZD, OTEX
Q1 2024 11$803.9MWDC, OTEX, LGIH, CIGI, NOW