Institutional Manager · CIK 0000938206
Driehaus Capital Management LLC
Chicago, IL · File #028-04207
Latest AUM
$14.72B
Positions
404
Top-10 Concentration
35.9%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | Astera Labs Inc | ALAB | -822,560 | -$136.8M | -$24.3M |
| ADD | Praxis Precision Medicines Inc | PRAX | +432,510 | +$127.5M | +$121.0M |
| EXITED | COMMVAULT SYSTEMS INC | 204166102 | -638,119 | -$120.5M | $0 |
| REDUCE | Planet Labs PBC | PL-WT | -5,860,847 | -$115.6M | +$96.9M |
| REDUCE | Lumentum Holdings Inc | LITE | -266,034 | -$98.1M | +$125.0M |
| REDUCE | Rocket Lab Corp | RKLB | -1,284,676 | -$89.6M | +$36.7M |
| ADD | Eos Energy Enterprises Inc | EOSE | +7,704,785 | +$88.3M | +$459,585 |
| NEW | Rambus Inc | RMBS | +954,164 | +$87.7M | $0 |
| NEW | Mind Medicine MindMed Inc | DFTX | +6,537,202 | +$87.5M | $0 |
| EXITED | OLLIE'S BARGAIN OUTLET HOLDI | 681116109 | -597,777 | -$76.8M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025404 pos · $14.72B
- 13F HOLDINGS REPORTQ/E Sep 2025431 pos · $13.96B
- 13F HOLDINGS REPORTQ/E Jun 2025416 pos · $12.50B
- 13F HOLDINGS REPORTQ/E Mar 2025394 pos · $10.37B
- 13F HOLDINGS REPORTQ/E Dec 2024381 pos · $12.12B
- 13F HOLDINGS REPORTQ/E Sep 2024375 pos · $11.65B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 2024361 pos · $10.34B
- 13F HOLDINGS REPORTQ/E Jun 2024363 pos · $10.37B
- 13F HOLDINGS REPORTQ/E Mar 2024380 pos · $10.04B
- 13F HOLDINGS REPORTQ/E Dec 2023390 pos · $7.69B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TSMC | 874039100 | 2,163,564 | $657.5M | 9.69% |
| 2 | Crinetics Pharmaceuticals Inc | CRNX | 6,387,740 | $297.3M | 4.38% |
| 3 | Praxis Precision Medicines Inc | PRAX | 933,061 | $275.0M | 4.05% |
| 4 | Guardant Health Inc | GH | 2,143,193 | $218.9M | 3.23% |
| 5 | Xenon Pharmaceuticals Inc | XENE | 4,538,691 | $203.4M | 3.00% |
| 6 | Planet Labs PBC | PL-WT | 8,511,620 | $167.8M | 2.47% |
| 7 | Apogee Therapeutics Inc | APGE | 2,183,704 | $164.8M | 2.43% |
| 8 | Eos Energy Enterprises Inc | EOSE | 14,270,294 | $163.5M | 2.41% |
| 9 | SiTime Corp | SITM | 412,873 | $145.8M | 2.15% |
| 10 | Natera Inc | NTRA | 625,912 | $143.4M | 2.11% |
| 11 | Cameco Corp | CCJ | 1,522,638 | $139.3M | 2.05% |
| 12 | FTAI Aviation Ltd | FTAIN | 700,525 | $137.9M | 2.03% |
| 13 | Rhythm Pharmaceuticals Inc | RYTM | 1,285,222 | $137.6M | 2.03% |
| 14 | HDFC Bank Ltd | HDB | 3,722,331 | $136.0M | 2.00% |
| 15 | Credicorp Ltd | BAP | 472,044 | $135.5M | 2.00% |
| 16 | Septerna Inc | SEPN | 4,809,470 | $134.1M | 1.98% |
| 17 | NU Holdings Ltd/Cayman Islands | NU | 7,706,057 | $129.0M | 1.90% |
| 18 | Bridgebio Pharma Inc | BBIO | 1,680,972 | $128.6M | 1.90% |
| 19 | Impinj Inc | PI | 737,474 | $128.3M | 1.89% |
| 20 | Carpenter Technology Corp | CRS | 403,296 | $127.0M | 1.87% |