Driehaus Capital Management LLC

CIK

938206

Location

Chicago, IL

Portfolio Value

Large $13,554,256,534

Diversification

Diversified

Filing Date

Global Rank

#351 / 8,621 ▼ 8 · as of Mar 2026

Top Industry

Biotechnology 22.2%

3Y Alpha vs SPY

+3.0%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+79.9%

SPY

+67.9%

Annualised alpha

+2.8%

Max drawdown

−32.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

351 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

3.2%

−1.4 pts

Top 5

10.7%

−0.7 pts

Top 10

16.8%

+0.1 pts

HHI

Diversified−6

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	27.4%	$3,720,303,874	87
Industrials	22.4%	$3,039,025,756	70
Technology	17.9%	$2,431,469,930	56
Consumer Cyclical	7.9%	$1,068,964,098	36
Energy	7.7%	$1,040,403,461	26
Financial Services	6.9%	$937,936,148	24
Basic Materials	5.1%	$689,070,749	25
Consumer Defensive	3.1%	$424,185,391	15
Communication Services	0.7%	$91,457,363	5
Utilities	0.7%	$90,953,457	2
Real Estate	0.1%	$19,561,614	4
Unclassified	0.0%	$924,693	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ALXO	Alx Oncology Holdings Inc	+4,311,738	5,734,620	$11,497,913
UAMY	United States Antimony Corp	+4,052,162	5,345,710	$46,668,048
LRMR	Larimar Therapeutics, Inc.	+2,398,935	2,934,399	$13,204,795
FIGS	FIGS, Inc.	+2,130,840	4,174,257	$61,653,775
ALM	Almonty Industries Inc.	+1,436,266	4,095,335	$59,300,450
AMPX	Amprius Technologies, Inc.	+1,400,966	3,794,178	$63,969,841
UTI	Universal Technical Institute Inc	+1,387,525	1,756,551	$63,411,491
LASR	Nlight, Inc.	+1,040,150	1,772,697	$101,079,182
WT	WisdomTree, Inc.	+768,468	1,644,242	$23,940,163
TNDM	Tandem Diabetes Care Inc	+694,072	2,304,414	$44,175,616
IMAX	Imax Corp	+627,859	1,651,711	$62,781,535
LIND	Lindblad Expeditions Holdings, Inc.	+617,993	1,185,899	$20,516,052
TDW	Tidewater Inc	+610,510	758,536	$63,375,682
UCTT	Ultra Clean Holdings, Inc.	+608,746	1,062,376	$66,058,539
EOSE	Eos Energy Enterprises, Inc.	+598,876	14,869,170	$73,751,083
DSGN	Design Therapeutics, Inc.	+565,170	1,744,987	$18,566,661
VIST	Vista Energy, S.A.B. de C.V.	+527,576	1,251,586	$94,457,195
COCO	Vita Coco Company, Inc.	+509,411	1,523,647	$72,997,927
SEI	Solaris Energy Infrastructure, Inc.	+400,453	1,628,174	$92,008,112
IMNM	Immunome Inc.	+393,927	4,099,901	$89,664,834
MAMA	Mama's Creations, Inc.	+392,380	1,100,838	$16,886,854
TVTX	Travere Therapeutics, Inc.	+381,114	1,282,518	$38,103,609
SNEX	StoneX Group Inc.	+377,697	861,530	$69,482,394
BE	Bloom Energy Corp	+334,320	849,801	$115,139,537
LPTH	Lightpath Technologies Inc	+322,608	2,164,708	$21,712,021
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ITUB	Itau Unibanco Holding S.A.	−5,635,548	6,221,566	$52,136,723
IVVD	Invivyd, Inc.	−4,626,051	8,436,894	$10,967,962
PGEN	Precigen, Inc.	−2,807,901	793,773	$3,071,901
REAL	TheRealReal, Inc.	−2,413,920	2,340,520	$21,251,921
VALE	Vale S.A.	−2,112,203	3,667,947	$58,357,036
XERS	Xeris Biopharma Holdings, Inc.	−2,077,827	902,740	$5,235,892
PRCH	Porch Group, Inc.	−1,708,592	760,624	$5,453,674
ARLO	Arlo Technologies, Inc.	−1,544,632	407,237	$5,794,982
HAPN	Happen, Inc.	−1,509,674	2,009,676	$28,778,560
COMP	Compass, Inc.	−1,435,783	2,429,213	$17,757,547
ALH	Alliance Laundry Holdings Inc.	−1,385,135	820,911	$17,025,694
RSI	Rush Street Interactive, Inc.	−1,273,000	2,616,159	$56,901,458
WVE	Wave Life Sciences Ltd.	−1,150,046	5,431,021	$39,374,902
ADPT	Adaptive Biotechnologies Corp	−1,009,786	1,750,601	$24,298,341
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−898,674	1,264,890	$427,469,575
RYTM	Rhythm Pharmaceuticals, Inc.	−848,676	436,546	$37,966,405
RMBS	Rambus Inc	−780,211	173,953	$14,965,176
UEC	Uranium Energy Corp	−777,827	8,334,245	$112,512,307
NEO	Neogenomics Inc	−749,988	1,721,750	$12,775,385
DQ	Daqo New Energy Corp.	−700,367	80,606	$1,714,489
TMDX	TransMedics Group, Inc.	−671,927	40,114	$3,987,732
CPA	Copa Holdings, S.A.	−650,664	19,993	$2,271,404
DFTX	Definium Therapeutics, Inc.	−625,313	5,911,889	$111,734,702
GH	Guardant Health, Inc.	−618,911	1,524,282	$140,797,928
CDE	Coeur Mining, Inc.	−597,209	796,471	$14,949,760
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
YUMC	Yum China Holdings, Inc.	1,831,286	$89,330,131
MTDR	Matador Resources Co	1,189,054	$75,124,431
CAVA	Cava Group, Inc.	846,738	$68,501,104
CGON	CG Oncology, Inc.	999,623	$67,654,484
MEOH	Methanex Corp	974,088	$57,997,199
TSEM	Tower Semiconductor Ltd	326,103	$57,224,554
AEIS	Advanced Energy Industries Inc	177,018	$57,125,478
KNX	Knight-Swift Transportation Holdings Inc.	964,882	$55,557,905
GKOS	GLAUKOS Corp	487,912	$52,528,605
TS	Tenaris SA	888,346	$51,683,970
RIG	Transocean Ltd.	7,210,869	$47,808,061
DOCN	DigitalOcean Holdings, Inc.	524,184	$44,964,503
FCFS	FirstCash Holdings, Inc.	223,526	$42,022,888
BKU	BankUnited, Inc.	919,035	$41,503,620
FPS	Forgent Power Solutions, Inc.	1,384,123	$40,513,280
ZWS	Zurn Elkay Water Solutions Corp	897,614	$40,249,011
MKTX	Marketaxess Holdings Inc	239,256	$39,472,454
MWH	SOLV Energy, Inc.	1,270,506	$38,153,295
TEX	Terex Corp	642,423	$37,967,199
CHRD	Chord Energy Corp	266,887	$37,945,993
INVX	Innovex International, Inc.	1,536,309	$37,470,576
PBF	PBF Energy Inc.	711,972	$33,904,106
EAT	Brinker International, Inc	215,492	$30,765,792
VICR	Vicor Corp	189,463	$30,503,543
TTMI	Ttm Technologies Inc	290,041	$28,255,794
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HDB	Hdfc Bank Ltd	3,722,331	$136,013,974
PI	Impinj Inc	737,474	$128,327,850
WFRD	Weatherford International plc	1,384,142	$108,322,952
EMBJ	Embraer S.A.	1,590,028	$102,350,102
AVAV	AeroVironment Inc	319,833	$77,364,404
TCOM	Trip.com Group Ltd	1,072,741	$77,140,805
PAY	Paymentus Holdings, Inc.	2,239,138	$70,734,369
HCI	HCI Group, Inc.	346,329	$66,387,806
BOOT	Boot Barn Holdings, Inc.	360,278	$63,578,258
ATEC	Alphatec Holdings, Inc.	2,858,771	$60,148,541
CRDO	Credo Technology Group Holding Ltd	383,696	$55,210,017
GRAB	Grab Holdings Ltd	11,003,892	$54,909,421
MIR	Mirion Technologies, Inc.	2,299,122	$53,845,437
WGS	GeneDx Holdings Corp.	395,323	$51,415,709
BROS	Dutch Bros Inc.	790,451	$48,391,410
IRTC	iRhythm Holdings, Inc.	267,968	$47,548,241
SE	Sea Ltd	371,261	$47,361,765
CLS	Celestica Inc	159,795	$47,236,999
THO	Thor Industries Inc	427,944	$43,937,010
GLOB	Globant S.A.	665,035	$43,473,337
HOOD	Robinhood Markets, Inc.	357,488	$40,431,892
CCB	Coastal Financial Corp	344,364	$39,460,670
HBM	Hudbay Minerals Inc.	1,977,986	$39,263,022
SHOO	Steven Madden, Ltd.	857,979	$35,726,245
GPOR	Gulfport Energy Corp	154,700	$32,176,053
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

351 positions · $13,554,256,534 total · as of Mar 31, 2026

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

Showing 1–50 of 351 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	1,264,890	-898,674	$427,469,575	−35.0%	3.15%
PRAX	Praxis Precision Medicines, Inc. Healthcare	Added	949,225	+16,164	$305,830,802	+11.2%	2.26%
XENE	Xenon Pharmaceuticals Inc. Healthcare	Reduced	4,491,653	-4,538,691	$261,189,621	−35.5%	1.93%
CRNX	Crinetics Pharmaceuticals, Inc. Healthcare	Added	6,395,922	+8,182	$232,299,887	−21.9%	1.71%
PL	Planet Labs PBC Industrials	Reduced	7,918,693	-592,927	$221,327,469	+31.9%	1.63%
FN	Fabrinet Technology	Added	391,081	+150,103	$203,956,563	+85.9%	1.50%
APGE	Apogee Therapeutics, Inc. Healthcare	Reduced	1,920,800	-262,904	$161,673,736	−1.9%	1.19%
LITE	Lumentum Holdings Inc. Technology	Reduced	228,995	-112,053	$160,928,526	+28.0%	1.19%
CW	Curtiss Wright Corp Industrials	Reduced	225,759	-3,944	$153,768,970	+21.4%	1.13%
BAP	Credicorp Ltd Financial Services	Reduced	450,730	-21,314	$152,878,601	+12.8%	1.13%
FTAI	FTAI Aviation Ltd. Industrials	Reduced	579,521	-121,004	$141,982,645	+3.0%	1.05%
EWTX	Edgewise Therapeutics, Inc. Healthcare	Added	4,477,942	+286,749	$141,055,173	+35.6%	1.04%
GH	Guardant Health, Inc. Healthcare	Reduced	1,524,282	-618,911	$140,797,928	−35.7%	1.04%
SYRE	Spyre Therapeutics, Inc. Healthcare	Reduced	2,790,785	-91,635	$140,767,195	+49.1%	1.04%
IDCC	InterDigital, Inc. Technology	Added	417,727	+42,553	$126,153,554	+5.6%	0.93%
NXT	Nextpower Inc. Technology	Added	1,037,551	+237,813	$125,076,773	+79.5%	0.92%
CRS	Carpenter Technology Corp Industrials	Reduced	315,457	-87,839	$124,337,376	−2.1%	0.92%
COHR	Coherent Corp. Technology	Added	516,229	+68,284	$122,970,910	+48.7%	0.91%
BE	Bloom Energy Corp Industrials	Added	849,801	+334,320	$115,139,537	+157.1%	0.85%
UEC	Uranium Energy Corp Energy	Reduced	8,334,245	-777,827	$112,512,307	+5.7%	0.83%
DFTX	Definium Therapeutics, Inc. Healthcare	Reduced	5,911,889	-625,313	$111,734,702	+27.6%	0.82%
IBN	Icici Bank Ltd Financial Services	Added	4,256,860	+193,408	$110,252,674	−9.0%	0.81%
CCJ	Cameco Corp Energy	Reduced	1,012,600	-510,038	$109,978,486	−21.1%	0.81%
MOD	Modine Manufacturing Co Consumer Cyclical	Added	494,734	+14,342	$107,213,805	+67.2%	0.79%
SEPN	Septerna, Inc. Healthcare	Reduced	4,395,572	-413,898	$105,625,595	−21.2%	0.78%
NU	Nu Holdings Ltd. Financial Services	Reduced	7,288,282	-417,775	$104,732,612	−18.8%	0.77%
LASR	Nlight, Inc. Technology	Added	1,772,697	+1,040,150	$101,079,182	+267.9%	0.75%
VIST	Vista Energy, S.A.B. de C.V. Energy	Added	1,251,586	+527,576	$94,457,195	+168.1%	0.70%
SRRK	Scholar Rock Holding Corp Healthcare	Reduced	1,920,233	-32,644	$94,398,654	+9.7%	0.70%
VSEC	Vse Corp Industrials	Reduced	509,146	-11,091	$93,886,522	+4.5%	0.69%
SEI	Solaris Energy Infrastructure, Inc. Energy	Added	1,628,174	+400,453	$92,008,112	+63.0%	0.68%
SAIA	Saia Inc Industrials	Added	257,963	+111,478	$90,617,242	+89.5%	0.67%
EYE	National Vision Holdings, Inc. Consumer Cyclical	Reduced	3,471,774	-135,037	$89,918,946	−3.4%	0.66%
IMNM	Immunome Inc. Healthcare	Added	4,099,901	+393,927	$89,664,834	+12.6%	0.66%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	NEW	1,831,286	NEW	$89,330,131	NEW	0.66%
FMX	Mexican Economic Development Inc Consumer Defensive	Added	803,253	+130,405	$89,209,278	+31.2%	0.66%
ROAD	Construction Partners, Inc. Industrials	Added	794,464	+100,870	$88,280,839	+17.3%	0.65%
WULF	Terawulf Inc. Financial Services	Added	6,063,000	+198,805	$87,489,090	+29.8%	0.65%
KYMR	Kymera Therapeutics, Inc. Healthcare	Reduced	1,043,583	-25,655	$86,920,028	+4.5%	0.64%
BBIO	BridgeBio Pharma, Inc. Healthcare	Reduced	1,146,671	-534,301	$85,151,788	−33.8%	0.63%
SITM	SITIME Corp Technology	Reduced	227,965	-184,908	$78,727,712	−46.0%	0.58%
KRMN	Karman Holdings Inc. Industrials	Reduced	977,353	-377,816	$78,237,107	−21.1%	0.58%
GPCR	Structure Therapeutics Inc. Healthcare	Reduced	1,577,356	-65,088	$76,028,559	−33.4%	0.56%
PTGX	Protagonist Therapeutics, Inc Healthcare	Reduced	720,928	-378,242	$75,985,811	−20.8%	0.56%
MTDR	Matador Resources Co Energy	NEW	1,189,054	NEW	$75,124,431	NEW	0.55%
MTSI	MACOM Technology Solutions Holdings, Inc. Technology	Reduced	336,813	-145,238	$74,796,062	−9.4%	0.55%
ARWR	Arrowhead Pharmaceuticals, Inc. Healthcare	Reduced	1,190,335	-579,005	$74,634,004	−36.5%	0.55%
EOSE	Eos Energy Enterprises, Inc. Industrials	Added	14,869,170	+598,876	$73,751,083	−54.9%	0.54%
COCO	Vita Coco Company, Inc. Consumer Defensive	Added	1,523,647	+509,411	$72,997,927	+35.8%	0.54%
FTI	TechnipFMC plc Energy	Reduced	1,040,195	-344,802	$71,908,680	+16.5%	0.53%