Iridian Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Iridian Asset Management LLC reported 47 stock positions worth $375.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.4% of the portfolio, followed by Travel + Leisure (TNL, 6.8%) and Acv Auctions Class A (ACVA, 6.4%). Compared with Q3 2024, it opened 2 new positions, sold out of 8, added to 15 and reduced 26. The biggest buy was Post (POST, shares +20%) and the biggest sale an exit from iShares Russell 2000 ETF (IWM).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001033427
- Portfolio Value
- $375.8M (Q4 2024)
- SEC Filing
- 0001033427-25-000002 ↗ filed Jan 28, 2025
Holdings Value
Holdings 47 stocks · $375.8M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.36% | 60,000 | $35.2M | Reduce -40.0% |
| TNL Travel + Leisure Co. | 6.77% | 503,893 | $25.4M | Reduce -5.7% |
| ACVA Acv Auctions Inc. Class A | 6.36% | 1,106,154 | $23.9M | Add +4.2% |
| POST Post Holdings Inc. filed as POST HLDGS INC | 6.28% | 206,013 | $23.6M | Add +20.3% |
| ELV Elevance Health Inc. | 5.91% | 60,197 | $22.2M | Add +53.7% |
| LAD Lithia Motors Inc. | 5.12% | 53,849 | $19.2M | Reduce -18.0% |
| RTO Rentokil Initial PLC-SP ADR | 4.91% | 728,764 | $18.5M | Add +1.3% |
| CCK Crown Holdings Inc. | 4.89% | 222,292 | $18.4M | Add +13.5% |
| HLF Herbalife Ltd. | 4.46% | 2,507,740 | $16.8M | Add +12.6% |
| GEN Gen Digital Inc. | 3.22% | 441,492 | $12.1M | Reduce -8.5% |
| HGV Hilton Grand Vacations Inc. | 3.11% | 299,963 | $11.7M | Reduce -3.8% |
| AXSM Axsome Therapeutics Inc. | 2.82% | 125,079 | $10.6M | Reduce -1.4% |
| LPLA LPL Financial Holdings Inc. | 2.51% | 28,902 | $9.4M | Reduce -65.1% |
| CRL Charles River Laboratories | 2.50% | 50,965 | $9.4M | Reduce -7.4% |
| LNWO Light & Wonder Inc. | 2.30% | 100,192 | $8.7M | Add +94.3% |
| QSR Restaurant Brands Intern | 1.87% | 107,983 | $7.0M | Add +74.6% |
| GTLS Chart Industries Inc. | 1.82% | 35,890 | $6.8M | Reduce -16.4% |
| ESI Element Solutions Inc. | 1.75% | 258,845 | $6.6M | Reduce -11.0% |
| IWR iShares Russell Mid-Cap ETF | 1.71% | 72,500 | $6.4M | New |
| BECN Beacon Roofing Supply Inc. | 1.61% | 59,658 | $6.1M | Reduce -28.7% |
| PGEN Precigen Inc. | 1.56% | 5,241,922 | $5.9M | Add +38.8% |
| CLVT Clarivate PLC | 1.51% | 1,120,550 | $5.7M | Add +7.2% |
| FLEX Flex Ltd. | 1.50% | 146,884 | $5.6M | Reduce -72.5% |
| ON On Semiconductor | 1.48% | 88,355 | $5.6M | Reduce -2.6% |
| WOLF Wolfspeed Inc. | 1.45% | 816,183 | $5.4M | Add +56.6% |
| YOU Clear Secure Inc. Class A | 1.28% | 180,175 | $4.8M | Add +9.5% |
| WBD Warner Bros Discovery Inc. | 1.26% | 448,784 | $4.7M | Add +136.6% |
| LH Labcorp Holdings Inc. | 1.25% | 20,495 | $4.7M | Reduce -7.8% |
| BILL Bill Holdings Inc. | 1.21% | 53,705 | $4.5M | Reduce -81.8% |
| DBRG Digitalbridge Group Inc. | 1.10% | 365,504 | $4.1M | Reduce -5.8% |
| CHX Championx Corp. | 0.90% | 124,811 | $3.4M | Reduce -2.5% |
| ICE Intercontinental Exchange Inc. | 0.89% | 22,364 | $3.3M | Reduce -8.6% |
| BKR Baker Hughes Co. | 0.86% | 78,958 | $3.2M | Reduce -45.6% |
| KKR KKR & Co. Inc. | 0.82% | 20,825 | $3.1M | Reduce -23.1% |
| KPLT Katapult Holdings Inc. | 0.79% | 438,000 | $3.0M | Add +9.5% |
| AVDL Avadel Pharmaceuticals Ltd. | 0.47% | 169,586 | $1.8M | Add +1.1% |
| TGTX TG Therapeutics Inc. | 0.38% | 47,532 | $1.4M | No change |
| NESR National Energy Services Reu | 0.37% | 153,836 | $1.4M | New |
| BE Bloom Energy Corp. Class A | 0.34% | 57,597 | $1.3M | Reduce -8.5% |
| TECK Teck Resources Ltd.-CLS B | 0.28% | 26,394 | $1.1M | Reduce -48.5% |
| FTRE Fortrea Holdings Inc. | 0.24% | 47,924 | $894K | Reduce -9.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.23% | 11,836 | $876K | Reduce -41.7% |
| MOH Molina Healthcare Inc. | 0.20% | 2,522 | $734K | No change |
| Z Zillow Group Inc. Class C | 0.12% | 6,166 | $457K | Reduce -1.9% |
| MRCY Mercury Systems Inc. | 0.10% | 9,357 | $393K | Reduce -2.1% |
| CLNE Clean Energy Fuels Corp. | 0.10% | 146,377 | $367K | No change |
| AMPS Altus Power Inc. | 0.01% | 12,653 | $51K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $98K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NESRW National Energy Service-CW23 | *W EXP 06/06/202 | 251,071 | $98K | New |
Total filed on the 13F, all lines: $375.9M.
Portfolio Sells Q3 2024 → Q4 2024
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −9.46 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -40.0% | 9.36% | −2.93 |
| FLEX Flex Ltd. | Reduce -72.5% | 1.50% | −2.32 |
| BILL Bill Holdings Inc. | Reduce -81.8% | 1.21% | −2.12 |
| LPLA LPL Financial Holdings Inc. | Reduce -65.1% | 2.51% | −1.61 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.74 |
| TECK Teck Resources Ltd.-CLS B | Reduce -48.5% | 0.28% | −0.29 |
| BKR Baker Hughes Co. | Reduce -45.6% | 0.86% | −0.26 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.10 |
| DBRG Digitalbridge Group Inc. | Reduce -5.8% | 1.10% | −0.08 |
| NVCT Nuvectis Pharma Inc. | Sold out | 0.00% | −0.07 |
| MGNI Magnite Inc. | Sold out | 0.00% | −0.05 |
| SLQT Selectquote Inc. | Sold out | 0.00% | −0.05 |
| BTC Grayscale Bitcoin Mini Trust | Sold out | 0.00% | −0.02 |
| DANIMER SCIENTIFIC INC | Sold out | 0.00% | −0.00 |
| FTRE Fortrea Holdings Inc. | Reduce -9.3% | 0.24% | +0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -41.7% | 0.23% | +0.01 |
| MRCY Mercury Systems Inc. | Reduce -2.1% | 0.10% | +0.03 |
| Z Zillow Group Inc. Class C | Reduce -1.9% | 0.12% | +0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -8.6% | 0.89% | +0.05 |
| ESI Element Solutions Inc. | Reduce -11.0% | 1.75% | +0.06 |
| KKR KKR & Co. Inc. | Reduce -23.1% | 0.82% | +0.06 |
| BECN Beacon Roofing Supply Inc. | Reduce -28.7% | 1.61% | +0.06 |
| ON On Semiconductor | Reduce -2.6% | 1.48% | +0.07 |
| CHX Championx Corp. | Reduce -2.5% | 0.90% | +0.08 |
| CRL Charles River Laboratories | Reduce -7.4% | 2.50% | +0.18 |
| LH Labcorp Holdings Inc. | Reduce -7.8% | 1.25% | +0.19 |
| BE Bloom Energy Corp. Class A | Reduce -8.5% | 0.34% | +0.20 |
| AXSM Axsome Therapeutics Inc. | Reduce -1.4% | 2.82% | +0.38 |
| GEN Gen Digital Inc. | Reduce -8.5% | 3.22% | +0.38 |
| LAD Lithia Motors Inc. | Reduce -18.0% | 5.12% | +0.66 |
| GTLS Chart Industries Inc. | Reduce -16.4% | 1.82% | +0.68 |
| HGV Hilton Grand Vacations Inc. | Reduce -3.8% | 3.11% | +0.69 |
| TNL Travel + Leisure Co. | Reduce -5.7% | 6.77% | +1.50 |
Portfolio Buys Q3 2024 → Q4 2024
| POST Post Holdings Inc. | Add +20.3% | 6.28% | +2.03 |
| ACVA Acv Auctions Inc. Class A | Add +4.2% | 6.36% | +1.74 |
| IWR iShares Russell Mid-Cap ETF | New | 1.71% | +1.71 |
| ELV Elevance Health Inc. | Add +53.7% | 5.91% | +1.55 |
| LNWO Light & Wonder Inc. | Add +94.3% | 2.30% | +1.30 |
| RTO Rentokil Initial PLC-SP ADR | Add +1.3% | 4.91% | +1.07 |
| HLF Herbalife Ltd. | Add +12.6% | 4.46% | +1.03 |
| WBD Warner Bros Discovery Inc. | Add +136.6% | 1.26% | +0.93 |
| QSR Restaurant Brands Intern | Add +74.6% | 1.87% | +0.92 |
| CCK Crown Holdings Inc. | Add +13.5% | 4.89% | +0.87 |
| PGEN Precigen Inc. | Add +38.8% | 1.56% | +0.80 |
| NESR National Energy Services Reu | New | 0.37% | +0.37 |
| WOLF Wolfspeed Inc. | Add +56.6% | 1.45% | +0.36 |
| YOU Clear Secure Inc. Class A | Add +9.5% | 1.28% | +0.11 |
| AVDL Avadel Pharmaceuticals Ltd. | Add +1.1% | 0.47% | +0.00 |
| CLVT Clarivate PLC | Add +7.2% | 1.51% | −0.07 |
| KPLT Katapult Holdings Inc. | Add +9.5% | 0.79% | −0.10 |
Notes & Other Activity Q3 2024 → Q4 2024
| NESRW National Energy Service-CW23 | *W EXP 06/06/202 | New | 251,071 | $98K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $291.0M | ACVA, HLF, HGV, PGEN, POST |
| Q1 2026 | 41 | $246.6M | HLF, ACVA, HGV, POST, LAD |
| Q4 2025 | 43 | $271.6M | ACVA, HLF, HGV, POST, LAD |
| Q3 2025 | 43 | $254.1M | HLF, ACVA, TNL, ELV, RTO |
| Q2 2025 | 41 | $288.6M | SPY, TNL, ACVA, HLF, ELV |
| Q1 2025 | 44 | $318.8M | ACVA, HLF, ELV, TNL, POST |
| Q4 2024 | 47 | $375.8M | SPY, TNL, ACVA, POST, ELV |
| Q3 2024 | 53 | $467.1M | SPY, IWM, TNL, ACVA, LAD |
| Q2 2024 | 51 | $443.1M | SPY, IWM, TNL, POST, ACVA |
| Q1 2024 | 55 | $509.6M | SPY, IWM, TNL, ACVA, POST |