CDAM (UK) Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), CDAM (UK) Ltd reported 11 stock positions worth $618.3 million. Its top holding was Qualys (QLYS) at 12.5% of the portfolio, followed by Colliers Intl GR-Subord Vot (CIGI, 12.0%) and Core & Main Class A (CNM, 11.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 3 and reduced 6. The biggest buy was a new position in Veeva Systems Class A (VEEV) and the biggest sale an exit from Elevance Health (ELV).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001719387
- Portfolio Value
- $618.3M (Q1 2025)
- SEC Filing
- 0001719387-25-000006 ↗ filed May 14, 2025
Holdings Value
Holdings 11 stocks · $618.3M
| QLYS Qualys Inc. | 12.46% | 611,533 | $77.0M | Reduce -0.0% |
| CIGI Colliers Intl GR-Subord Vot | 12.01% | 612,331 | $74.3M | Reduce -0.1% |
| CNM Core & Main Inc. Class A | 11.24% | 1,439,048 | $69.5M | Reduce -0.0% |
| VEEV Veeva Systems Inc. Class A | 9.57% | 255,446 | $59.2M | New |
| OTEX Open Text Corp. | 9.31% | 2,278,112 | $57.5M | Reduce -0.1% |
| ZD Ziff Davis Inc. | 9.22% | 1,516,271 | $57.0M | Add +1.6% |
| CRH CRH PLC | 8.77% | 616,566 | $54.2M | New |
| LGIH Lgi Homes Inc. | 8.24% | 766,210 | $50.9M | Add +4.4% |
| DAVA Endava PLC- Spon ADR | 7.41% | 2,347,974 | $45.8M | Reduce -0.0% |
| NOW ServiceNow Inc. | 6.45% | 50,101 | $39.9M | Reduce -16.9% |
| TFII Tfi International Inc. | 5.32% | 424,707 | $32.9M | Add +11.4% |
Portfolio Sells Q4 2024 → Q1 2025
| ELV Elevance Health Inc. | Sold out | 0.00% | −3.72 |
| DAVA Endava PLC- Spon ADR | Reduce -0.0% | 7.41% | −3.48 |
| NOW ServiceNow Inc. | Reduce -16.9% | 6.45% | −3.14 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -0.1% | 12.01% | −0.49 |
| QLYS Qualys Inc. | Reduce -0.0% | 12.46% | −0.42 |
| OTEX Open Text Corp. | Reduce -0.1% | 9.31% | −0.38 |
| CNM Core & Main Inc. Class A | Reduce -0.0% | 11.24% | +0.25 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $387.4M | CNM, LGIH, NOW, VEEV, CIGI |
| Q1 2026 | 11 | $450.9M | CNM, CRH, CIGI, VEEV, NOW |
| Q4 2025 | 11 | $549.9M | CRH, CNM, OTEX, CIGI, VEEV |
| Q3 2025 | 11 | $554.4M | OTEX, VEEV, CRH, CIGI, CNM |
| Q2 2025 | 11 | $601.3M | CNM, CIGI, VEEV, OTEX, QLYS |
| Q1 2025 | 11 | $618.3M | QLYS, CIGI, CNM, VEEV, OTEX |
| Q4 2024 | 10 | $666.4M | QLYS, CIGI, ZD, CNM, DAVA |
| Q3 2024 | 10 | $676.9M | CIGI, LGIH, OTEX, ELV, NOW |
| Q2 2024 | 10 | $669.6M | NOW, ELV, CIGI, ZD, OTEX |
| Q1 2024 | 11 | $803.9M | WDC, OTEX, LGIH, CIGI, NOW |