Driehaus Capital Management LLC
Filing Date
Global Rank
#350
/ 8,586
▼ 7
Top Industry
Biotechnology
22.0%
3Y Alpha vs SPY
+1.7%
Period ended 3 months ago
Filed May 15, 2026 · 32d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+86.1%
SPY
+78.1%
Annualised alpha
+1.8%
Max drawdown
−32.5%
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
350 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
3.2%
−1.3 pts
Top 5
10.7%
−0.6 pts
Top 10
16.8%
+0.2 pts
HHI
71
Diversified−6
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 27.2% | $3,691,126,618 |
| Industrials | 22.6% | $3,061,589,699 |
| Technology | 17.9% | $2,431,469,930 |
| Consumer Cyclical | 7.9% | $1,068,964,098 |
| Energy | 7.7% | $1,040,403,461 |
| Financial Services | 6.9% | $937,936,148 |
| Basic Materials | 5.1% | $689,622,229 |
| Consumer Defensive | 3.1% | $424,185,391 |
| Communication Services | 0.7% | $91,457,363 |
| Utilities | 0.7% | $90,953,457 |
| Real Estate | 0.1% | $19,561,614 |
| Unclassified | 0.0% | $924,693 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | |
| LC | LendingClub Corp | −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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | |
| CVNA | Carvana Co. | 226,963 | $95,782,925 | |
| 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 | |
| No positions match the current search. | ||||
25 positions ·
$689,622,229 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SQM |
Chemical & Mining Co Of Chile Inc
Basic Materials
|
Added | 866,592 | $70,141,956 | 10.17% | |
| IAG |
Iamgold Corp
Basic Materials
|
Reduced | 3,250,240 | $61,169,516 | 8.87% | |
| ALM |
Almonty Industries Inc.
Basic Materials
|
Added | 4,095,335 | $59,300,450 | 8.60% | |
| VALE |
Vale S.A.
Basic Materials
|
Reduced | 3,667,947 | $58,357,036 | 8.46% | |
| MEOH |
Methanex Corp
Basic Materials
|
NEW | 974,088 | $57,997,199 | 8.41% | |
| SCCO |
Southern Copper Corp/
Basic Materials
|
Reduced | 323,715 | $55,698,402 | 8.08% | |
| UAMY |
United States Antimony Corp
Basic Materials
|
Added | 5,345,710 | $46,668,048 | 6.77% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Reduced | 853,185 | $46,609,496 | 6.76% | |
| MP |
MP Materials Corp. / DE
Basic Materials
|
Added | 779,468 | $37,617,125 | 5.45% | |
| PPTA |
Perpetua Resources Corp.
Basic Materials
|
Added | 1,086,004 | $30,538,432 | 4.43% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 141,100 | $28,640,478 | 4.15% | |
| IE |
Ivanhoe Electric Inc.
Basic Materials
|
Reduced | 1,524,828 | $18,023,466 | 2.61% | |
| ALB |
Albemarle Corp
Basic Materials
|
NEW | 97,671 | $17,534,874 | 2.54% | |
| ECVT |
Ecovyst Inc.
Basic Materials
|
NEW | 1,356,131 | $17,439,844 | 2.53% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
Reduced | 796,471 | $14,949,760 | 2.17% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
NEW | 108,481 | $14,085,173 | 2.04% | |
| GFI |
Gold Fields Ltd
Basic Materials
|
NEW | 295,739 | $13,426,550 | 1.95% | |
| IPI |
Intrepid Potash, Inc.
Basic Materials
|
NEW | 313,888 | $13,424,989 | 1.95% | |
| USAR |
USA Rare Earth, Inc.
Basic Materials
|
NEW | 695,737 | $10,529,979 | 1.53% | |
| GMTL |
Guardian Metal Resources PLC
Basic Materials
|
NEW | 555,251 | $9,705,787 | 1.41% | |
| AREC |
American Resources Corp
Basic Materials
|
NEW | 2,395,461 | $5,797,015 | 0.84% | |
| LIN |
Linde PLC
Basic Materials
|
Reduced | 1,721 | $853,202 | 0.12% | |
| MOS |
Mosaic Co
Basic Materials
|
NEW | 18,042 | $460,071 | 0.07% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
NEW | 4,254 | $356,102 | 0.05% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Reduced | 2,828 | $297,279 | 0.04% |