DRW SECURITIES, L.L.C.

Broker-Dealer

CIK

1068940

Location

CHICAGO, IL

Portfolio Value

Mid $4,276,306,017

Diversification

Highly concentrated

Filing Date

Sep 30, 2022

Global Rank

#507 / 6,692 · as of Sep 2022

Top Industry

Consumer Electronics 20.2%

3Y Alpha vs SPY

+1.1%

Period ended 3 years ago

Filed Nov 14, 2022 · 3y

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+81.5%

SPY

+76.0%

Annualised alpha

+1.3%

Max drawdown

−20.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

134 positions · as of Sep 30, 2022

Top Position

39.4%

of portfolio value

Top 5

84.1%

of portfolio value

Top 10

92.9%

of portfolio value

HHI

2,552

Highly concentrated

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Unclassified	72.4%	$3,095,669,839	4
Technology	11.7%	$501,471,056	27
Consumer Cyclical	8.0%	$343,028,421	10
Communication Services	4.2%	$178,531,986	9
Financial Services	2.1%	$88,008,535	19
Healthcare	0.9%	$37,473,941	23
Real Estate	0.2%	$10,639,253	21
Consumer Defensive	0.2%	$9,435,967	6
Energy	0.2%	$8,454,203	3
Industrials	0.1%	$2,297,426	8
Utilities	0.0%	$1,000,755	3
Basic Materials	0.0%	$294,635	1

Portfolio Positions

Compact Export CSV View 13F filing

134 positions · $4,276,306,017 total · as of Sep 30, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 134 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	First	4,713,900	—	$1,683,710,802	—	39.37%
GLD	Spdr Gold Trust	First	8,333,500	—	$1,288,942,445	—	30.14%
AAPL	Apple Inc. Technology	First	1,726,322	—	$238,577,700	—	5.58%
TSLA	Tesla, Inc. Consumer Cyclical	First	843,481	—	$223,733,335	—	5.23%
MSFT	Microsoft Corp Technology	First	684,519	—	$159,424,475	—	3.73%
SLV	iShares Silver Trust	First	6,872,900	—	$120,275,750	—	2.81%
META	Meta Platforms, Inc. Communication Services	First	640,051	—	$86,842,119	—	2.03%
GOOGL	Alphabet Inc. Communication Services	First	674,900	—	$64,554,185	—	1.51%
AMZN	Amazon Com Inc Consumer Cyclical	First	544,572	—	$61,536,636	—	1.44%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	First	576,046	—	$46,077,919	—	1.08%
AMD	Advanced Micro Devices Inc Technology	First	720,837	—	$45,672,232	—	1.07%
JPM	Jpmorgan Chase & Co Financial Services	First	241,055	—	$25,190,247	—	0.59%
V	Visa Inc. Financial Services	First	125,889	—	$22,364,180	—	0.52%
JNJ	Johnson & Johnson Healthcare	First	135,204	—	$22,086,925	—	0.52%
PYPL	PayPal Holdings, Inc. Financial Services	First	215,621	—	$18,558,499	—	0.43%
DIS	Walt Disney Co Communication Services	First	161,900	—	$15,272,027	—	0.36%
XYZ	Block, Inc. Technology	First	249,745	—	$13,733,477	—	0.32%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	First	191,113	—	$13,102,707	—	0.31%
NVDA	Nvidia Corp Technology	First	839,197	—	$10,187,010	—	0.24%
MU	Micron Technology Inc Technology	First	166,579	—	$8,345,607	—	0.20%
BP	Bp PLC Energy	First	271,640	—	$7,755,322	—	0.18%
MA	Mastercard Inc Financial Services	First	21,596	—	$6,140,606	—	0.14%
HD	Home Depot, Inc. Consumer Cyclical	First	20,645	—	$5,696,781	—	0.13%
BTI	British American Tobacco p.l.c. Consumer Defensive	First	158,598	—	$5,630,229	—	0.13%
BRK-B	Berkshire Hathaway Inc Financial Services	First	21,011	—	$5,610,357	—	0.13%
SNAP	Snap Inc Communication Services	First	556,767	—	$5,467,451	—	0.13%
NFLX	Netflix Inc Communication Services	First	215,166	—	$5,065,866	—	0.12%
RIOT	Riot Platforms, Inc. Financial Services	First	473,800	—	$3,321,338	—	0.08%
INTC	Intel Corp Technology	First	119,800	—	$3,087,246	—	0.07%
DIA	Spdr Dow Jones Industrial Average ETF Trust	First	9,540	—	$2,740,842	—	0.06%
ACN	Accenture plc Technology	First	7,907	—	$2,034,471	—	0.05%
RGEN	Repligen Corp Healthcare	First	10,600	—	$1,983,366	—	0.05%
GME	GameStop Corp. Consumer Cyclical	First	77,180	—	$1,939,533	—	0.05%
DKNG	DraftKings Inc. Consumer Cyclical	First	127,100	—	$1,924,294	—	0.04%
UNH	Unitedhealth Group Inc Healthcare	First	3,568	—	$1,801,982	—	0.04%
DHR	Danaher Corp /De/ Healthcare	First	7,776	—	$1,780,552	—	0.04%
WFC	Wells Fargo & Company/Mn Financial Services	First	40,782	—	$1,640,252	—	0.04%
DXC	DXC Technology Co Technology	First	63,600	—	$1,556,928	—	0.04%
DEO	Diageo PLC Consumer Defensive	First	7,710	—	$1,309,235	—	0.03%
CCI	Crown Castle Inc. Real Estate	First	8,836	—	$1,277,243	—	0.03%
IBM	International Business Machines Corp Technology	First	9,700	—	$1,152,457	—	0.03%
AMT	American Tower Corp /Ma/ Real Estate	First	5,263	—	$1,129,966	—	0.03%
FRPT	Freshpet, Inc. Consumer Defensive	First	21,200	—	$1,061,908	—	0.02%
TMO	Thermo Fisher Scientific Inc. Healthcare	First	2,018	—	$1,023,509	—	0.02%
LLY	ELI LILLY & Co Healthcare	First	3,143	—	$1,016,289	—	0.02%
ETSY	Etsy Inc Consumer Cyclical	First	10,000	—	$1,001,300	—	0.02%
PLD	Prologis, Inc. Real Estate	First	9,109	—	$925,474	—	0.02%
NVO	Novo Nordisk A S Healthcare	First	18,218	—	$907,529	—	0.02%
PSA	Public Storage Real Estate	First	3,024	—	$885,457	—	0.02%
LYG	Lloyds Banking Group plc Financial Services	First	493,285	—	$882,980	—	0.02%