CDAM (UK) Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), CDAM (UK) Ltd reported 11 stock positions worth $554.4 million. Its top holding was Open Text (OTEX) at 13.5% of the portfolio, followed by Veeva Systems Class A (VEEV, 12.3%) and CRH (CRH, 11.8%). Compared with Q2 2025, it added to 1 and reduced 10. The biggest buy was Endava PLC- Spon ADR (DAVA, shares +7%) and the biggest sale Core & Main Class A (CNM, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001719387
- Portfolio Value
- $554.4M (Q3 2025)
- SEC Filing
- 0001719387-25-000010 ↗ filed Nov 13, 2025
Holdings Value
Holdings 11 stocks · $554.4M
| OTEX Open Text Corp. | 13.51% | 2,003,255 | $74.9M | Reduce -8.1% |
| VEEV Veeva Systems Inc. Class A | 12.25% | 227,982 | $67.9M | Reduce -7.1% |
| CRH CRH PLC | 11.82% | 546,432 | $65.5M | Reduce -12.0% |
| CIGI Colliers Intl GR-Subord Vot | 11.79% | 418,395 | $65.4M | Reduce -29.1% |
| CNM Core & Main Inc. Class A | 11.29% | 1,162,742 | $62.6M | Reduce -16.6% |
| ZD Ziff Davis Inc. | 8.72% | 1,268,718 | $48.3M | Reduce -11.5% |
| QLYS Qualys Inc. | 8.44% | 353,710 | $46.8M | Reduce -11.6% |
| TFII Tfi International Inc. | 6.18% | 389,321 | $34.3M | Reduce -2.6% |
| NOW ServiceNow Inc. | 6.17% | 37,170 | $34.2M | Reduce -10.1% |
| LGIH Lgi Homes Inc. | 6.01% | 644,063 | $33.3M | Reduce -9.7% |
| DAVA Endava PLC- Spon ADR | 3.82% | 2,324,580 | $21.2M | Add +7.2% |
Portfolio Sells Q2 2025 → Q3 2025
| CNM Core & Main Inc. Class A | Reduce -16.6% | 11.29% | −2.69 |
| QLYS Qualys Inc. | Reduce -11.6% | 8.44% | −1.06 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -29.1% | 11.79% | −1.03 |
| NOW ServiceNow Inc. | Reduce -10.1% | 6.17% | −0.89 |
| LGIH Lgi Homes Inc. | Reduce -9.7% | 6.01% | −0.10 |
| TFII Tfi International Inc. | Reduce -2.6% | 6.18% | +0.22 |
| VEEV Veeva Systems Inc. Class A | Reduce -7.1% | 12.25% | +0.50 |
| ZD Ziff Davis Inc. | Reduce -11.5% | 8.72% | +1.50 |
| CRH CRH PLC | Reduce -12.0% | 11.82% | +2.34 |
| OTEX Open Text Corp. | Reduce -8.1% | 13.51% | +2.92 |
Portfolio Buys Q2 2025 → Q3 2025
| DAVA Endava PLC- Spon ADR | Add +7.2% | 3.82% | −1.71 |
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 |