DRW Securities, LLC
Long book
$1.84B
Q1 2026
Positions
1104
Top-10 weight
30%
concentration
Last quarter
+10.9%
SPY +14.8%
Turnover
69%
of book per quarter
Strategy in plain words
auto-generated from filingsDRW Securities, LLC is a market maker — positions are inventory, not bets, running a $1.84B US long book across 1104 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, ISHARES CORE MSCI EMERGING, ALPHABET INC-CL A, VANGUARD FTSE DEVELOPED ETF, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.7%
Q2 2024
+2.7%
Q3 2024
-0.2%
Q4 2024
-5.6%
Q1 2025
+19.3%
Q2 2025
+8.9%
Q3 2025
-3.6%
Q4 2025
-5.0%
Q1 2026
+10.9%
Sector allocation
Technology 29%
Industrials 16%
Financials 16%
Services media 8%
Other 6%
Energy 6%
Consumer discretionary 5%
Materials 5%
Long book by quarter
What does DRW Securities, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 224.8K | $64.6M | 3.5% | +2053.0% |
| NVDA NVIDIA CORP | Technology | 321.7K | $56.1M | 3.1% | +382.6% |
| VWSYF VESTAS WIND SYSTEMS A/S | Services media | 196.3K | $37.3M | 2.0% | +96.3% |
| TSLA TESLA INC | Industrials | 64.4K | $23.9M | 1.3% | +164.3% |
| META META PLATFORMS INC-CLASS A | Technology | 25.4K | $14.5M | 0.8% | +538.9% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 32.8K | $12.8M | 0.7% | +945.7% |
| GOOG ALPHABET INC-CL C | Technology | 39.0K | $11.2M | 0.6% | +350.2% |
| GEV GE VERNOVA INC | Industrials | 12.3K | $10.7M | 0.6% | +3064.0% |
| HD HOME DEPOT INC | Consumer discretionary | 31.7K | $10.4M | 0.6% | +440.3% |
| F FORD MOTOR CO | Industrials | 801.3K | $9.2M | 0.5% | +1374.1% |
| FHN FIRST HORIZON CORP | Financials | 403.6K | $9.2M | 0.5% | +20.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 8.8K | $8.8M | 0.5% | +168.6% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 142.0K | $8.5M | 0.5% | -8.4% |
| JPM JPMORGAN CHASE & CO | Financials | 28.1K | $8.3M | 0.5% | -35.2% |
| EMPD EMPERY DIGITAL INC | Financials | 1.9M | $8.1M | 0.4% | -0.1% |
| WIX WIX.COM LTD | Technology | 87.9K | $7.9M | 0.4% | New |
| BAC BANK OF AMERICA CORP | Financials | 156.6K | $7.6M | 0.4% | -18.6% |
| QCOM QUALCOMM INC | Technology | 57.0K | $7.3M | 0.4% | +34.1% |
| MOS MOSAIC CO/THE | Other | 252.3K | $6.4M | 0.4% | +24.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 10.3K | $6.2M | 0.3% | New |
| NUE NUCOR CORP | Industrials | 35.2K | $6.0M | 0.3% | -11.9% |
| GS GOLDMAN SACHS GROUP INC | Financials | 6.9K | $5.8M | 0.3% | +72.6% |
| AVGO BROADCOM INC | Technology | 18.6K | $5.8M | 0.3% | +83.9% |
| AEG AEGON LTD-NY REG SHR | Financials | 782.7K | $5.7M | 0.3% | +86.0% |
| TECK TECK RESOURCES LTD-CLS B | Materials | 103.2K | $5.3M | 0.3% | +8.4% |
| VLO VALERO ENERGY CORP | Energy | 21.2K | $5.2M | 0.3% | New |
| TFC TRUIST FINANCIAL CORP | Financials | 111.5K | $5.1M | 0.3% | +214.0% |
| BG BUNGE GLOBAL SA | Consumer staples | 39.9K | $5.1M | 0.3% | -51.9% |
| PSX PHILLIPS 66 | Energy | 27.7K | $5.1M | 0.3% | New |
| CMC COMMERCIAL METALS CO | Industrials | 81.9K | $5.0M | 0.3% | +193.6% |
| MSFT MICROSOFT CORP | Technology | 13.3K | $4.9M | 0.3% | -2.7% |
| NWSA NEWS CORP - CLASS A | Other | 183.2K | $4.6M | 0.2% | New |
| IVPAF IVANHOE MINES LTD-CL A | — | 371.1K | $4.3M | 0.2% | -7.2% |
| MA MASTERCARD INC - A | Services media | 8.5K | $4.3M | 0.2% | -35.4% |
| FCX FREEPORT-MCMORAN INC | Materials | 71.9K | $4.2M | 0.2% | +384.0% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 21.4K | $4.2M | 0.2% | New |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 27.7K | $4.1M | 0.2% | +165.6% |
| FMC FMC CORP | Materials | 210.0K | $3.6M | 0.2% | -7.1% |
| AAPL APPLE INC | Technology | 14.2K | $3.6M | 0.2% | -79.0% |
| CB CHUBB LTD | Financials | 10.9K | $3.6M | 0.2% | +129.6% |
| CSCCF CAPSTONE COPPER CORP | — | 334.6K | $3.5M | 0.2% | -10.8% |
| UNM UNUM GROUP | Financials | 48.0K | $3.5M | 0.2% | +1546.7% |
| UBER UBER TECHNOLOGIES INC | Services media | 47.5K | $3.4M | 0.2% | +1607.6% |
| B BARRICK MINING CORP | Materials | 78.0K | $3.2M | 0.2% | +19.5% |
| ALLY ALLY FINANCIAL INC | Financials | 79.4K | $3.1M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 1242 | $7.21B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 1204 | $3.78B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1262 | $5.45B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1089 | $4.42B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 580 | $3.59B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 583 | $2.92B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 552 | $3.61B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 513 | $2.52B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 380 | $3.73B | canonical | SEC ↗ |