IRIDIAN ASSET MANAGEMENT LLC/CT Diversified Active

CIK: 0001033427 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 23, 2026

Total Value ($000): $271,616 (100.0% shares, 0.0% debt)

Holdings (43)

New Positions (5)

ENR ENERGIZER HLDGS INC NEW 0.7%

Value ($000) $1,900 Shares 95,539 Est. Cost $21.28 Unrealized 0.0%

RH RH 0.2%

Value ($000) $537 Shares 2,995 Est. Cost $171.01 Unrealized 0.0%

IWR ISHARES TR 0.2%

Value ($000) $503 Shares 5,220 Est. Cost $96.27 Unrealized —

ALIT ALIGHT INC 0.2%

Value ($000) $426 Shares 218,252 Est. Cost $2.46 Unrealized 0.0%

NKTR NEKTAR THERAPEUTICS 0.2%

Value ($000) $411 Shares 9,728 Est. Cost $55.96 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ENR	ENERGIZER HLDGS INC NEW	95,539	$1,900	0.7%	$21.28	0.0%	COM	29272W109
RH	RH	2,995	$537	0.2%	$171.01	0.0%	COM	74967X103
IWR	ISHARES TR	5,220	$503	0.2%	$96.27	—	RUS MID CAP ETF	464287499
ALIT	ALIGHT INC	218,252	$426	0.2%	$2.46	0.0%	COM CL A	01626W101
NKTR	NEKTAR THERAPEUTICS	9,728	$411	0.2%	$55.96	0.0%	COM NEW	640268306

Increased Positions (14)

HGV HILTON GRAND VACATIONS INC 7.7%

Value ($000) $20,807 (+81.6%) Shares 464,964 (+69.7%) Est. Cost $42.16 Unrealized +0.8%

ACVA ACV AUCTIONS INC 8.8%

Value ($000) $23,973 (+28.6%) Shares 2,989,152 (+58.9%) Est. Cost $12.81 Unrealized -36.8%

BALL BALL CORP 2.4%

Value ($000) $6,507 (+176.8%) Shares 122,835 (+163.5%) Est. Cost $50.41 Unrealized -2.6%

POST POST HLDGS INC 6.2%

Value ($000) $16,752 (+30.9%) Shares 169,125 (+42.0%) Est. Cost $79.79 Unrealized +29.8%

KPLT KATAPULT HOLDINGS INC 2.2%

Value ($000) $5,943 (+61.0%) Shares 920,000 (+198.1%) Est. Cost $10.44 Unrealized -14.3%

BILL BILL HOLDINGS INC 3.8%

Value ($000) $10,221 (+27.3%) Shares 187,404 (+23.7%) Est. Cost $58.73 Unrealized -12.5%

NVCT NUVECTIS PHARMA INC 1.6%

Value ($000) $4,427 (+81.3%) Shares 586,320 (+44.5%) Est. Cost $7.35 Unrealized -11.3%

ON ON SEMICONDUCTOR CORP 1.8%

Value ($000) $4,962 (+60.1%) Shares 91,632 (+45.8%) Est. Cost $56.56 Unrealized -9.3%

ESI ELEMENT SOLUTIONS INC 2.4%

Value ($000) $6,603 (+36.3%) Shares 264,211 (+37.2%) Est. Cost $19.59 Unrealized +32.3%

CLVT CLARIVATE PLC 1.9%

Value ($000) $5,105 (+32.9%) Shares 1,528,410 (+52.4%) Est. Cost $6.45 Unrealized -44.9%

ICE INTERCONTINENTAL EXCHANGE IN 1.0%

Value ($000) $2,618 (+54.4%) Shares 16,166 (+60.7%) Est. Cost $97.78 Unrealized +59.8%

CCK CROWN HLDGS INC 2.3%

Value ($000) $6,216 (+13.6%) Shares 60,365 (+6.6%) Est. Cost $91.12 Unrealized +6.8%

LPLA LPL FINL HLDGS INC 1.9%

Value ($000) $5,138 (+11.5%) Shares 14,385 (+3.9%) Est. Cost $209.27 Unrealized +69.0%

KKR KKR & CO INC 0.8%

Value ($000) $2,200 (+3.2%) Shares 17,258 (+5.2%) Est. Cost $38.39 Unrealized +223.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HGV	HILTON GRAND VACATIONS INC	464,964 (+69.7%)	$20,807 (+81.6%)	7.7%	$42.16	+0.8%	COM	43283X105
ACVA	ACV AUCTIONS INC	2,989,152 (+58.9%)	$23,973 (+28.6%)	8.8%	$12.81	-36.8%	COM CL A	00091G104
BALL	BALL CORP	122,835 (+163.5%)	$6,507 (+176.8%)	2.4%	$50.41	-2.6%	COM	058498106
POST	POST HLDGS INC	169,125 (+42.0%)	$16,752 (+30.9%)	6.2%	$79.79	+29.8%	COM	737446104
KPLT	KATAPULT HOLDINGS INC	920,000 (+198.1%)	$5,943 (+61.0%)	2.2%	$10.44	-14.3%	COM NEW	485859201
BILL	BILL HOLDINGS INC	187,404 (+23.7%)	$10,221 (+27.3%)	3.8%	$58.73	-12.5%	COM	090043100
NVCT	NUVECTIS PHARMA INC	586,320 (+44.5%)	$4,427 (+81.3%)	1.6%	$7.35	-11.3%	COM	67080T108
ON	ON SEMICONDUCTOR CORP	91,632 (+45.8%)	$4,962 (+60.1%)	1.8%	$56.56	-9.3%	COM	682189105
ESI	ELEMENT SOLUTIONS INC	264,211 (+37.2%)	$6,603 (+36.3%)	2.4%	$19.59	+32.3%	COM	28618M106
CLVT	CLARIVATE PLC	1,528,410 (+52.4%)	$5,105 (+32.9%)	1.9%	$6.45	-44.9%	ORD SHS	G21810109
ICE	INTERCONTINENTAL EXCHANGE IN	16,166 (+60.7%)	$2,618 (+54.4%)	1.0%	$97.78	+59.8%	COM	45866F104
CCK	CROWN HLDGS INC	60,365 (+6.6%)	$6,216 (+13.6%)	2.3%	$91.12	+6.8%	COM	228368106
LPLA	LPL FINL HLDGS INC	14,385 (+3.9%)	$5,138 (+11.5%)	1.9%	$209.27	+69.0%	COM	50212V100
KKR	KKR & CO INC	17,258 (+5.2%)	$2,200 (+3.2%)	0.8%	$38.39	+223.8%	COM	48251W104

Exited Positions (5)

LNWO LIGHT & WONDER INC 2.5%

Value ($000) $6,815 Shares 81,186 Est. Cost $76.24 Unrealized +15.6%

WBD WARNER BROS DISCOVERY INC 1.0%

Value ($000) $2,796 Shares 143,177 Est. Cost $10.83 Unrealized +115.7%

IMRX IMMUNEERING CORP 0.7%

Value ($000) $1,926 Shares 275,086 Est. Cost $5.19 Unrealized +23.7%

FTRE FORTREA HLDGS INC 0.1%

Value ($000) $252 Shares 29,965 Est. Cost $29.10 Unrealized -57.5%

ETH GRAYSCALE ETHEREUM MINI TR E 0.1%

Value ($000) $214 Shares 5,465 Est. Cost $39.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LNWO	LIGHT & WONDER INC	81,186	$6,815	2.5%	$76.24	+15.6%	—	80874P109
WBD	WARNER BROS DISCOVERY INC	143,177	$2,796	1.0%	$10.83	+115.7%	—	934423104
IMRX	IMMUNEERING CORP	275,086	$1,926	0.7%	$5.19	+23.7%	—	45254E107
FTRE	FORTREA HLDGS INC	29,965	$252	0.1%	$29.10	-57.5%	—	34965K107
ETH	GRAYSCALE ETHEREUM MINI TR E	5,465	$214	0.1%	$39.18	—	—	38964R203

Decreased Positions (19)

ELV ELEVANCE HEALTH INC FORMERLY 3.2%

Value ($000) $8,790 (-47.8%) Shares 25,074 (-51.9%) Est. Cost $357.16 Unrealized -5.7%

RTO RENTOKIL INITIAL PLC 3.3%

Value ($000) $9,026 (-41.8%) Shares 306,397 (-50.1%) Est. Cost $24.15 Unrealized —

GTLS CHART INDS INC 0.5%

Value ($000) $1,305 (-77.8%) Shares 6,326 (-78.5%) Est. Cost $137.58 Unrealized +47.3%

TNL TRAVEL PLUS LEISURE CO 5.4%

Value ($000) $14,800 (-18.5%) Shares 209,844 (-31.3%) Est. Cost $43.33 Unrealized +50.3%

AXSM AXSOME THERAPEUTICS INC 5.0%

Value ($000) $13,476 (+32.8%) Shares 73,783 (-11.7%) Est. Cost $65.79 Unrealized +112.2%

HLF HERBALIFE LTD 8.7%

Value ($000) $23,671 (+14.5%) Shares 1,836,381 (-25.0%) Est. Cost $15.11 Unrealized -29.9%

PGEN PRECIGEN INC 5.5%

Value ($000) $15,049 (+24.7%) Shares 3,600,195 (-1.8%) Est. Cost $3.21 Unrealized +20.6%

— AVADEL PHARMACEUTICALS PLC 2.0%

Value ($000) $5,325 (+39.7%) Shares 247,086 (-1.0%) Est. Cost $11.85 Unrealized —

NESR NATIONAL ENERGY SERVICES REU 1.4%

Value ($000) $3,764 (+45.2%) Shares 240,383 (-4.9%) Est. Cost $8.68 Unrealized +51.1%

CRL CHARLES RIV LABS INTL INC 2.0%

Value ($000) $5,300 (+18.3%) Shares 26,568 (-7.2%) Est. Cost $202.24 Unrealized -10.3%

QSR RESTAURANT BRANDS INTL INC 0.9%

Value ($000) $2,505 (-17.6%) Shares 36,710 (-22.5%) Est. Cost $62.28 Unrealized +10.6%

BKR BAKER HUGHES COMPANY 1.0%

Value ($000) $2,627 (-14.4%) Shares 57,686 (-8.5%) Est. Cost $23.12 Unrealized +104.8%

MOH MOLINA HEALTHCARE INC 0.5%

Value ($000) $1,423 (-22.2%) Shares 8,200 (-14.2%) Est. Cost $184.06 Unrealized -10.7%

FLEX FLEX LTD 1.6%

Value ($000) $4,225 (-7.6%) Shares 69,932 (-11.4%) Est. Cost $7.68 Unrealized +704.4%

GEN GEN DIGITAL INC 1.9%

Value ($000) $5,172 (-6.1%) Shares 190,232 (-1.9%) Est. Cost $24.10 Unrealized +11.4%

LH LABCORP HOLDINGS INC 0.3%

Value ($000) $914 (-20.2%) Shares 3,644 (-8.7%) Est. Cost $200.95 Unrealized +31.9%

Z ZILLOW GROUP INC 0.1%

Value ($000) $251 (-17.5%) Shares 3,682 (-6.8%) Est. Cost $38.60 Unrealized +87.6%

YOU CLEAR SECURE INC 0.6%

Value ($000) $1,540 (-3.2%) Shares 43,902 (-7.9%) Est. Cost $19.66 Unrealized +72.7%

SLB SLB LIMITED 0.8%

Value ($000) $2,130 (+1.7%) Shares 55,494 (-8.9%) Est. Cost $34.34 Unrealized +5.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ELV	ELEVANCE HEALTH INC FORMERLY	25,074 (-51.9%)	$8,790 (-47.8%)	3.2%	$357.16	-5.7%	COM	036752103
RTO	RENTOKIL INITIAL PLC	306,397 (-50.1%)	$9,026 (-41.8%)	3.3%	$24.15	—	SPONSORED ADR	760125104
GTLS	CHART INDS INC	6,326 (-78.5%)	$1,305 (-77.8%)	0.5%	$137.58	+47.3%	COM	16115Q308
TNL	TRAVEL PLUS LEISURE CO	209,844 (-31.3%)	$14,800 (-18.5%)	5.4%	$43.33	+50.3%	COM	894164102
AXSM	AXSOME THERAPEUTICS INC	73,783 (-11.7%)	$13,476 (+32.8%)	5.0%	$65.79	+112.2%	COM	05464T104
HLF	HERBALIFE LTD	1,836,381 (-25.0%)	$23,671 (+14.5%)	8.7%	$15.11	-29.9%	COM SHS	G4412G101
PGEN	PRECIGEN INC	3,600,195 (-1.8%)	$15,049 (+24.7%)	5.5%	$3.21	+20.6%	COM	74017N105
—	AVADEL PHARMACEUTICALS PLC	247,086 (-1.0%)	$5,325 (+39.7%)	2.0%	$11.85	—	COM SHS	G29687103
NESR	NATIONAL ENERGY SERVICES REU	240,383 (-4.9%)	$3,764 (+45.2%)	1.4%	$8.68	+51.1%	SHS	G6375R107
CRL	CHARLES RIV LABS INTL INC	26,568 (-7.2%)	$5,300 (+18.3%)	2.0%	$202.24	-10.3%	COM	159864107
QSR	RESTAURANT BRANDS INTL INC	36,710 (-22.5%)	$2,505 (-17.6%)	0.9%	$62.28	+10.6%	COM	76131D103
BKR	BAKER HUGHES COMPANY	57,686 (-8.5%)	$2,627 (-14.4%)	1.0%	$23.12	+104.8%	CL A	05722G100
MOH	MOLINA HEALTHCARE INC	8,200 (-14.2%)	$1,423 (-22.2%)	0.5%	$184.06	-10.7%	COM	60855R100
FLEX	FLEX LTD	69,932 (-11.4%)	$4,225 (-7.6%)	1.6%	$7.68	+704.4%	ORD	Y2573F102
GEN	GEN DIGITAL INC	190,232 (-1.9%)	$5,172 (-6.1%)	1.9%	$24.10	+11.4%	COM	668771108
LH	LABCORP HOLDINGS INC	3,644 (-8.7%)	$914 (-20.2%)	0.3%	$200.95	+31.9%	COM SHS	504922105
Z	ZILLOW GROUP INC	3,682 (-6.8%)	$251 (-17.5%)	0.1%	$38.60	+87.6%	CL C CAP STK	98954M200
YOU	CLEAR SECURE INC	43,902 (-7.9%)	$1,540 (-3.2%)	0.6%	$19.66	+72.7%	COM CL A	18467V109
SLB	SLB LIMITED	55,494 (-8.9%)	$2,130 (+1.7%)	0.8%	$34.34	+5.0%	COM STK	806857108

Unchanged Positions (5)

DBRG DIGITALBRIDGE GROUP INC 2.3%

Value ($000) $6,132 Shares 399,771 Est. Cost $16.40 Unrealized -26.8%

LAD LITHIA MTRS INC 5.8%

Value ($000) $15,680 Shares 47,182 Est. Cost $290.16 Unrealized +9.4%

TGTX TG THERAPEUTICS INC 0.8%

Value ($000) $2,244 Shares 75,289 Est. Cost $22.86 Unrealized +42.9%

GBTC GRAYSCALE BITCOIN TRUST ETF 0.3%

Value ($000) $722 Shares 10,559 Est. Cost $63.17 Unrealized —

CLNE CLEAN ENERGY FUELS CORP 0.1%

Value ($000) $297 Shares 141,549 Est. Cost $2.80 Unrealized -12.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DBRG	DIGITALBRIDGE GROUP INC	399,771	$6,132	2.3%	$16.40	-26.8%	CL A NEW	25401T603
LAD	LITHIA MTRS INC	47,182	$15,680	5.8%	$290.16	+9.4%	COM	536797103
TGTX	TG THERAPEUTICS INC	75,289	$2,244	0.8%	$22.86	+42.9%	COM	88322Q108
GBTC	GRAYSCALE BITCOIN TRUST ETF	10,559	$722	0.3%	$63.17	—	SHS REP COM UT	389637109
CLNE	CLEAN ENERGY FUELS CORP	141,549	$297	0.1%	$2.80	-12.7%	COM	184499101