Caden Capital Trims Danaher Stake

Investment firm reduces position in conglomerate by 12.7% in Q3

Mar. 15, 2026 at 9:42am

Got story updates? Submit your updates here. ›

Caden Capital Partners LP, a hedge fund based in San Diego, California, lowered its position in shares of Danaher Corporation (NYSE:DHR) by 12.7% in the third quarter, according to a recent SEC filing. The firm now owns 172,328 shares of the conglomerate's stock, valued at $34,166,000, making it Caden Capital's second-largest holding.

Why it matters

Danaher is a major diversified industrial conglomerate with a market cap over $130 billion, so changes in ownership by large institutional investors like Caden Capital can provide insights into market sentiment around the stock.

The details

Caden Capital sold 25,026 shares of Danaher during the quarter, reducing its overall stake in the company. The firm cited portfolio rebalancing and market conditions as reasons for the sale. Danaher's stock price has fluctuated in recent months, trading between $171 and $242 over the past year.

  • Caden Capital filed its Q3 2026 13F report with the SEC on March 15, 2026, disclosing the reduced Danaher position.

The players

Caden Capital Partners LP

A hedge fund based in San Diego, California that manages a portfolio focused on large-cap U.S. equities.

Danaher Corporation

A global science and technology conglomerate that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets.

Got photos? Submit your photos here. ›

The takeaway

Caden Capital's reduced stake in Danaher suggests the firm may see near-term headwinds for the conglomerate, though Danaher remains a major holding in the hedge fund's portfolio. Investors will be watching to see if other large institutional investors follow suit in trimming Danaher positions.