CDAM (UK) Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), CDAM (UK) Ltd reported 11 stock positions worth $601.3 million. Its top holding was Core & Main Class A (CNM) at 14.0% of the portfolio, followed by Colliers Intl GR-Subord Vot (CIGI, 12.8%) and Veeva Systems Class A (VEEV, 11.7%). Compared with Q1 2025, it added to 1 and reduced 10. The biggest buy was CRH (CRH, shares +1%) and the biggest sale Qualys (QLYS, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001719387
- Portfolio Value
- $601.3M (Q2 2025)
- SEC Filing
- 0001719387-25-000008 ↗ filed Aug 13, 2025
Holdings Value
Holdings 11 stocks · $601.3M
| CNM Core & Main Inc. Class A | 13.98% | 1,393,293 | $84.1M | Reduce -3.2% |
| CIGI Colliers Intl GR-Subord Vot | 12.82% | 590,527 | $77.1M | Reduce -3.6% |
| VEEV Veeva Systems Inc. Class A | 11.75% | 245,332 | $70.7M | Reduce -4.0% |
| OTEX Open Text Corp. | 10.59% | 2,179,829 | $63.7M | Reduce -4.3% |
| QLYS Qualys Inc. | 9.50% | 399,935 | $57.1M | Reduce -34.6% |
| CRH CRH PLC | 9.48% | 621,082 | $57.0M | Add +0.7% |
| ZD Ziff Davis Inc. | 7.22% | 1,433,418 | $43.4M | Reduce -5.5% |
| NOW ServiceNow Inc. | 7.07% | 41,322 | $42.5M | Reduce -17.5% |
| LGIH Lgi Homes Inc. | 6.11% | 713,413 | $36.8M | Reduce -6.9% |
| TFII Tfi International Inc. | 5.96% | 399,665 | $35.8M | Reduce -5.9% |
| DAVA Endava PLC- Spon ADR | 5.52% | 2,167,932 | $33.2M | Reduce -7.7% |
Portfolio Sells Q1 2025 → Q2 2025
| QLYS Qualys Inc. | Reduce -34.6% | 9.50% | −2.95 |
| LGIH Lgi Homes Inc. | Reduce -6.9% | 6.11% | −2.13 |
| ZD Ziff Davis Inc. | Reduce -5.5% | 7.22% | −2.00 |
| DAVA Endava PLC- Spon ADR | Reduce -7.7% | 5.52% | −1.89 |
| NOW ServiceNow Inc. | Reduce -17.5% | 7.07% | +0.61 |
| TFII Tfi International Inc. | Reduce -5.9% | 5.96% | +0.64 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -3.6% | 12.82% | +0.81 |
| OTEX Open Text Corp. | Reduce -4.3% | 10.59% | +1.28 |
| VEEV Veeva Systems Inc. Class A | Reduce -4.0% | 11.75% | +2.18 |
| CNM Core & Main Inc. Class A | Reduce -3.2% | 13.98% | +2.74 |
Portfolio Buys Q1 2025 → Q2 2025
| CRH CRH PLC | Add +0.7% | 9.48% | +0.71 |
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 |