Driehaus Capital Management LLC
Long book
$13.60B
Q1 2026
Positions
355
Top-10 weight
17%
concentration
Last quarter
+19.3%
SPY +14.8%
Turnover
46%
of book per quarter
Strategy in plain words
auto-generated from filingsDriehaus Capital Management LLC is an institutional manager, running a $13.60B US long book across 355 positions.
The portfolio is broadly diversified across 355 positions (top 10 only 17%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TAIWAN SEMICONDUCTOR-SP ADR, PRAXIS PRECISION MEDICINES I, XENON PHARMACEUTICALS INC, CRINETICS PHARMACEUTICALS IN, PLANET LABS PBC.
Over the last 9 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.7%
Q2 2024
+6.9%
Q3 2024
+1.5%
Q4 2024
-15.2%
Q1 2025
+14.6%
Q2 2025
+13.9%
Q3 2025
+7.9%
Q4 2025
+1.6%
Q1 2026
+19.3%
Sector allocation
Healthcare 29%
Industrials 22%
Technology 16%
Materials 7%
Financials 6%
Services media 6%
Consumer discretionary 5%
Other 5%
Long book by quarter
What does Driehaus Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PRAX PRAXIS PRECISION MEDICINES I | Healthcare | 949.2K | $305.8M | 2.2% | +1.7% |
| XENE XENON PHARMACEUTICALS INC | Healthcare | 4.5M | $261.2M | 1.9% | -1.0% |
| CRNX CRINETICS PHARMACEUTICALS IN | Healthcare | 6.4M | $232.3M | 1.7% | +0.1% |
| PL PLANET LABS PBC | Technology | 7.9M | $221.3M | 1.6% | -7.0% |
| FN FABRINET | Technology | 391.1K | $204.0M | 1.5% | +62.3% |
| APGE APOGEE THERAPEUTICS INC | Healthcare | 1.9M | $161.7M | 1.2% | -12.0% |
| LITE LUMENTUM HOLDINGS INC | Technology | 229.0K | $160.9M | 1.2% | -32.9% |
| CW CURTISS-WRIGHT CORP | Industrials | 225.8K | $153.8M | 1.1% | -1.7% |
| BAP CREDICORP LTD | Financials | 450.7K | $152.9M | 1.1% | -4.5% |
| FTAI FTAI AVIATION LTD | Services media | 579.5K | $142.0M | 1.0% | -17.3% |
| EWTX EDGEWISE THERAPEUTICS INC | Healthcare | 4.5M | $141.1M | 1.0% | +6.8% |
| GH GUARDANT HEALTH INC | Healthcare | 1.5M | $140.8M | 1.0% | -28.9% |
| SYRE SPYRE THERAPEUTICS INC | Healthcare | 2.8M | $140.8M | 1.0% | -3.2% |
| IDCC INTERDIGITAL INC | Financials | 417.7K | $126.2M | 0.9% | +11.3% |
| NXT NEXTPOWER INC-CL A | Technology | 1.0M | $125.1M | 0.9% | +29.7% |
| CRS CARPENTER TECHNOLOGY | Industrials | 315.5K | $124.3M | 0.9% | -21.8% |
| COHR COHERENT CORP | Other | 516.2K | $123.0M | 0.9% | +15.2% |
| BE BLOOM ENERGY CORP- A | Industrials | 849.8K | $115.1M | 0.8% | +64.9% |
| UEC URANIUM ENERGY CORP | Materials | 8.3M | $112.5M | 0.8% | -8.5% |
| DFTX DEFINIUM THERAPEUTICS INC | Materials | 5.9M | $111.7M | 0.8% | -9.6% |
| CCJ CAMECO CORP | Materials | 1.0M | $110.0M | 0.8% | -33.5% |
| MOD MODINE MANUFACTURING CO | Industrials | 494.7K | $107.2M | 0.8% | +3.0% |
| SEPN SEPTERNA INC | Healthcare | 4.4M | $105.6M | 0.8% | -8.6% |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 7.3M | $104.7M | 0.8% | -5.4% |
| LASR NLIGHT INC | Technology | 1.8M | $101.1M | 0.7% | +142.0% |
| SRRK SCHOLAR ROCK HOLDING CORP | Healthcare | 1.9M | $94.4M | 0.7% | -1.7% |
| VSEC VSE CORP | Services media | 509.1K | $93.9M | 0.7% | -2.1% |
| SEI SOLARIS ENERGY INFRASTRUCTUR | Industrials | 1.6M | $92.0M | 0.7% | +32.6% |
| SAIA SAIA INC | Industrials | 258.0K | $90.6M | 0.7% | +76.1% |
| EYE NATIONAL VISION HOLDINGS INC | Healthcare | 3.5M | $89.9M | 0.7% | -3.7% |
| IMNM IMMUNOME INC | Healthcare | 4.1M | $89.7M | 0.7% | +10.6% |
| YUMC YUM CHINA HOLDINGS INC | Consumer discretionary | 1.8M | $89.3M | 0.7% | New |
| ROAD CONSTRUCTION PARTNERS INC-A | Industrials | 794.5K | $88.3M | 0.6% | +14.5% |
| WULF TERAWULF INC | Financials | 6.1M | $87.5M | 0.6% | +3.4% |
| KYMR KYMERA THERAPEUTICS INC | Healthcare | 1.0M | $86.9M | 0.6% | -2.4% |
| BBIO BRIDGEBIO PHARMA INC | Healthcare | 1.1M | $85.2M | 0.6% | -31.8% |
| SITM SITIME CORP | Technology | 228.0K | $78.7M | 0.6% | -44.8% |
| KRMN KARMAN HOLDINGS INC | Industrials | 977.4K | $78.2M | 0.6% | -27.9% |
| PTGX PROTAGONIST THERAPEUTICS INC | Healthcare | 720.9K | $76.0M | 0.6% | -34.4% |
| MTDR MATADOR RESOURCES CO | Energy | 1.2M | $75.1M | 0.6% | New |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 336.8K | $74.8M | 0.5% | -30.1% |
| ARWR ARROWHEAD PHARMACEUTICALS IN | Healthcare | 1.2M | $74.6M | 0.5% | -32.7% |
| EOSE EOS ENERGY ENTERPRISES INC | Technology | 14.9M | $73.8M | 0.5% | +4.2% |
| COCO VITA COCO CO INC/THE | Consumer staples | 1.5M | $73.0M | 0.5% | +50.2% |
| FTI TECHNIPFMC PLC | Industrials | 1.0M | $71.9M | 0.5% | -24.9% |
| SNEX STONEX GROUP INC | Financials | 861.5K | $69.5M | 0.5% | +78.1% |
| ULS UL SOLUTIONS INC - CLASS A | Services media | 810.6K | $69.5M | 0.5% | -0.9% |
| PTCT PTC THERAPEUTICS INC | Healthcare | 1.0M | $69.2M | 0.5% | -10.6% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 168.2K | $68.5M | 0.5% | -13.5% |
| CAVA CAVA GROUP INC | Consumer discretionary | 846.7K | $68.5M | 0.5% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 356 | $13.60B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 404 | $14.72B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 431 | $13.96B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 416 | $12.50B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 394 | $10.37B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 381 | $12.12B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 375 | $11.65B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ARESTATEMENT | Aug 15, 2024 | 361 | $10.34B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 363 | $10.37B | SEC ↗ | |
| Q1 2024 | 13F-HR | May 15, 2024 | 380 | $10.04B | canonical | SEC ↗ |
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