CDAM (UK) Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), CDAM (UK) Ltd reported 11 stock positions worth $549.9 million. Its top holding was CRH (CRH) at 12.4% of the portfolio, followed by Core & Main Class A (CNM, 12.1%) and Open Text (OTEX, 12.0%). Compared with Q3 2025, it added to 10 and reduced 1. The biggest buy was ServiceNow (NOW, shares +56%) and the biggest sale CRH (CRH, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001719387
- Portfolio Value
- $549.9M (Q4 2025)
- SEC Filing
- 0001719387-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 11 stocks · $549.9M
| CRH CRH PLC | 12.40% | 546,302 | $68.2M | Reduce -0.0% |
| CNM Core & Main Inc. Class A | 12.06% | 1,276,582 | $66.3M | Add +9.8% |
| OTEX Open Text Corp. | 11.95% | 2,017,255 | $65.7M | Add +0.7% |
| CIGI Colliers Intl GR-Subord Vot | 11.27% | 421,695 | $62.0M | Add +0.8% |
| VEEV Veeva Systems Inc. Class A | 9.46% | 232,962 | $52.0M | Add +2.2% |
| QLYS Qualys Inc. | 9.34% | 386,650 | $51.4M | Add +9.3% |
| ZD Ziff Davis Inc. | 8.65% | 1,353,018 | $47.6M | Add +6.6% |
| NOW ServiceNow Inc. | 8.07% | 289,820 | $44.4M | Add +55.9% |
| TFII Tfi International Inc. | 7.56% | 402,135 | $41.6M | Add +3.3% |
| LGIH Lgi Homes Inc. | 5.81% | 743,153 | $31.9M | Add +15.4% |
| DAVA Endava PLC- Spon ADR | 3.42% | 2,979,658 | $18.8M | Add +28.2% |
Portfolio Sells Q3 2025 → Q4 2025
| CRH CRH PLC | Reduce -0.0% | 12.40% | +0.58 |
Portfolio Buys Q3 2025 → Q4 2025
| NOW ServiceNow Inc. | Add +55.9% | 8.07% | +1.90 |
| TFII Tfi International Inc. | Add +3.3% | 7.56% | +1.37 |
| QLYS Qualys Inc. | Add +9.3% | 9.34% | +0.90 |
| CNM Core & Main Inc. Class A | Add +9.8% | 12.06% | +0.77 |
| ZD Ziff Davis Inc. | Add +6.6% | 8.65% | −0.07 |
| LGIH Lgi Homes Inc. | Add +15.4% | 5.81% | −0.20 |
| DAVA Endava PLC- Spon ADR | Add +28.2% | 3.42% | −0.39 |
| CIGI Colliers Intl GR-Subord Vot | Add +0.8% | 11.27% | −0.52 |
| OTEX Open Text Corp. | Add +0.7% | 11.95% | −1.56 |
| VEEV Veeva Systems Inc. Class A | Add +2.2% | 9.46% | −2.79 |
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 |