Driehaus Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Driehaus Capital Management LLC reported 380 stock positions worth $10.0 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 4.9% of the portfolio, followed by Super Micro Computer (SMCI, 2.6%) and Crinetics Pharmaceuticals (CRNX, 2.4%). Compared with Q4 2023, it opened 87 new positions, sold out of 84, added to 124 and reduced 147. The biggest buy was Apogee Therapeutics (APGE, shares +55%) and the biggest sale an exit from Ati (ATI).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0000938206
- Portfolio Value
- $10.0B (Q1 2024)
- SEC Filing
- 0000938206-24-000020 ↗ filed May 15, 2024
Holdings Value
Holdings 380 stocks · $10.0B
| TSM Taiwan Semiconductor-SP ADR | 4.90% | 3,613,873 | $491.7M | Add +1.1% |
| SMCI Super Micro Computer Inc. | 2.64% | 262,260 | $264.9M | Reduce -41.2% |
| CRNX Crinetics Pharmaceuticals Inc. | 2.44% | 5,226,297 | $244.6M | Add +3.7% |
| XENE Xenon Pharmaceuticals Inc. | 1.85% | 4,321,740 | $186.1M | Reduce -0.5% |
| CAMT Camtek Ltd. | 1.64% | 1,966,690 | $164.7M | Reduce -4.0% |
| CCJ Cameco Corp. | 1.61% | 3,738,903 | $162.0M | Add +17.1% |
| IBN Icici Bank Ltd.-Spon ADR | 1.55% | 5,873,329 | $155.1M | Add +13.4% |
| AXON Axon Enterprise Inc. | 1.38% | 441,810 | $138.2M | Add +28.7% |
| APGE Apogee Therapeutics Inc. | 1.37% | 2,063,763 | $137.1M | Add +55.3% |
| FTAI Ftai Aviation Ltd. | 1.34% | 2,003,981 | $134.9M | Reduce -6.8% |
| SAIA Saia Inc. | 1.29% | 221,363 | $129.5M | Add +9.9% |
| PCVX Vaxcyte Inc. | 1.27% | 1,867,807 | $127.6M | Add +11.6% |
| MNDY Monday.com Ltd. | 1.17% | 519,853 | $117.4M | Add +20.4% |
| BRBR Bellring Brands Inc. | 1.16% | 1,973,018 | $116.5M | Add +10.0% |
| GPCR Structure Therapeutics Inc. | 1.06% | 2,490,303 | $106.7M | Reduce -4.2% |
| CYBR Cyberark Software Ltd./Israel | 0.97% | 368,291 | $97.8M | Add +10.0% |
| NTRA Natera Inc. | 0.97% | 1,064,966 | $97.4M | Add +50.8% |
| ONTO Onto Innovation Inc. | 0.95% | 525,441 | $95.1M | Reduce -7.8% |
| TMDX Transmedics Group Inc. | 0.95% | 1,283,206 | $94.9M | Add +17.7% |
| ELF Elf Beauty Inc. | 0.92% | 473,616 | $92.8M | Reduce -11.6% |
| EDU New Oriental Educatio-SP ADR | 0.90% | 1,041,099 | $90.4M | Add +38.2% |
| MOD Modine Manufacturing Co. | 0.79% | 829,758 | $79.0M | Reduce -13.0% |
| SCCO Southern Copper Corp. | 0.78% | 738,773 | $78.7M | Add +29.9% |
| HCI Hci Group Inc. | 0.78% | 675,225 | $78.4M | Add +51.8% |
| CRDO Credo Technology Group Holdi | 0.78% | 3,676,121 | $77.9M | Add +344.3% |
| FTI Technipfmc PLC | 0.77% | 3,078,805 | $77.3M | Add +47.4% |
| CELH Celsius Holdings Inc. | 0.76% | 920,547 | $76.3M | Add +35.6% |
| TCOM Trip.com Group Ltd.-ADR | 0.72% | 1,646,860 | $72.3M | Add +99.0% |
| CNM Core & Main Inc. Class A | 0.71% | 1,251,959 | $71.7M | Add +9.9% |
| VIST Vista Energy Sab DE CV | 0.68% | 1,652,160 | $68.4M | Add +106.3% |
| WING Wingstop Inc. | 0.68% | 185,707 | $68.0M | Reduce -16.5% |
| EPI Wisdomtree India Earnings | 0.67% | 1,555,221 | $67.7M | Reduce -19.3% |
| FRPT Freshpet Inc. | 0.67% | 579,673 | $67.2M | Add +21.3% |
| BROS Dutch Bros Inc. Class A | 0.66% | 2,022,591 | $66.7M | Add +121.8% |
| KMPR Kemper Corp. | 0.64% | 1,045,499 | $64.7M | New |
| FSS Federal Signal Corp. | 0.64% | 758,627 | $64.4M | Reduce -12.2% |
| UEC Uranium Energy Corp. | 0.61% | 9,057,450 | $61.1M | Add +0.8% |
| GKOS Glaukos Corp. | 0.61% | 647,997 | $61.1M | Add +10.0% |
| DUOL Duolingo | 0.60% | 274,544 | $60.6M | Add +17.5% |
| TDW Tidewater Inc. | 0.60% | 657,113 | $60.5M | Add +134.9% |
| TME Tencent Music Entertainm-ADR | 0.58% | 5,204,218 | $58.2M | Add +30.7% |
| KNF Knife River Corp. | 0.58% | 714,981 | $58.0M | Add +200.8% |
| GTLB Gitlab Inc. Class A | 0.58% | 992,564 | $57.9M | Reduce -13.5% |
| WFRD Weatherford International PL | 0.56% | 491,409 | $56.7M | Add +100.1% |
| PR Permian Resources Corp. Class A | 0.56% | 3,169,010 | $56.0M | New |
| MRUS Merus NV | 0.55% | 1,226,491 | $55.2M | Reduce -6.5% |
| TTEK Tetra Tech Inc. | 0.53% | 289,364 | $53.4M | Add +9.3% |
| STRL Sterling Infrastructure Inc. | 0.53% | 478,879 | $52.8M | Reduce -18.8% |
| IBP Installed Building Products | 0.53% | 203,725 | $52.7M | Add +7.7% |
| NUVL Nuvalent Inc. Class A | 0.50% | 672,877 | $50.5M | Reduce -28.2% |
| DRS Leonardo DRS Inc. | 0.48% | 2,179,348 | $48.1M | Add +21.2% |
| APPF Appfolio Inc. Class A | 0.48% | 194,999 | $48.1M | Reduce -30.1% |
| ESTC Elastic NV | 0.48% | 479,282 | $48.0M | Add +45.2% |
| AAOI Applied Optoelectronics Inc. | 0.47% | 3,417,409 | $47.4M | Add +23.5% |
| CW Curtiss-Wright Corp. | 0.47% | 184,313 | $47.2M | Add +10.1% |
| KNSL Kinsale Capital Group Inc. | 0.47% | 88,994 | $46.7M | Add +43.8% |
| TNDM Tandem Diabetes Care Inc. | 0.46% | 1,317,437 | $46.7M | New |
| CR Crane Co. | 0.46% | 341,845 | $46.2M | Add +66.5% |
| MSA Msa Safety Inc. | 0.46% | 237,941 | $46.1M | Add +36.5% |
| AGI Alamos Gold Inc. Class A | 0.46% | 3,118,951 | $46.0M | Add +39.3% |
| FIX Comfort Systems USA Inc. | 0.46% | 144,340 | $45.9M | Reduce -25.2% |
| SKWD Skyward Specialty Insurance | 0.46% | 1,224,097 | $45.8M | Add +9.6% |
| MTDR Matador Resources Co. | 0.45% | 671,571 | $44.8M | New |
| ZWS Zurn Elkay Water Solutions C | 0.44% | 1,321,421 | $44.2M | Add +60.4% |
| SFM Sprouts Farmers Market Inc. | 0.44% | 681,827 | $44.0M | Add +9.9% |
| WMS Advanced Drainage Systems Inc. | 0.44% | 254,291 | $43.8M | Add +25.3% |
| AIT Applied Industrial Tech Inc. | 0.44% | 221,180 | $43.7M | Reduce -9.3% |
| DECK Deckers Outdoor Corp. | 0.43% | 45,398 | $42.7M | Add +0.4% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.41% | 738,202 | $41.5M | Add +88.8% |
| AEO American Eagle Outfitters | 0.41% | 1,587,927 | $41.0M | Add +48.4% |
| APG Api Group Corp. | 0.40% | 1,019,441 | $40.0M | Add +92.3% |
| NTNX Nutanix Inc. Class A | 0.39% | 641,015 | $39.6M | Add +86.2% |
| EVR Evercore Inc. Class A | 0.39% | 204,312 | $39.3M | Reduce -18.1% |
| SPXC SPX Technologies Inc. | 0.38% | 313,265 | $38.6M | Reduce -16.3% |
| OSK Oshkosh Corp. | 0.38% | 308,756 | $38.5M | Add +54.6% |
| ARLO Arlo Technologies Inc. | 0.38% | 2,995,148 | $37.9M | Add +25.7% |
| JD Jd.com Inc.-ADR | 0.37% | 1,363,169 | $37.3M | New |
| RYTM Rhythm Pharmaceuticals Inc. | 0.37% | 855,505 | $37.1M | Add +42.8% |
| ATEC Alphatec Holdings Inc. | 0.36% | 2,639,150 | $36.4M | Add +1.3% |
| EME Emcor Group Inc. | 0.36% | 103,678 | $36.3M | Reduce -34.3% |
| EYE National Vision Holdings Inc. | 0.36% | 1,637,083 | $36.3M | Add +361.7% |
| MELI MercadoLibre Inc. | 0.36% | 23,701 | $35.8M | Reduce -22.1% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.35% | 1,761,816 | $34.9M | New |
| AZEK The Azek Co. Inc. | 0.35% | 690,731 | $34.7M | Add +6.8% |
| EVER Everquote Inc. Class A | 0.35% | 1,867,028 | $34.7M | Add +66.7% |
| NXE Nexgen Energy Ltd. | 0.34% | 4,403,801 | $34.2M | New |
| S Sentinelone Inc. Class A | 0.34% | 1,467,053 | $34.2M | New |
| BAP Credicorp Ltd. | 0.34% | 200,609 | $34.0M | New |
| CAVA Cava Group Inc. | 0.34% | 482,493 | $33.8M | Add +8.4% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.33% | 197,087 | $33.2M | Add +45.4% |
| CTSH Cognizant Tech Solutions-A | 0.33% | 447,859 | $32.8M | Add +1308.5% |
| KRUS Kura Sushi USA Inc. Class A | 0.32% | 280,731 | $32.3M | Add +106.9% |
| BLBD Blue Bird Corp. | 0.32% | 836,594 | $32.1M | Add +18.0% |
| CUBI Customers Bancorp Inc. | 0.32% | 602,354 | $32.0M | Reduce -12.2% |
| BCC Boise Cascade Co. | 0.32% | 207,501 | $31.8M | Reduce -16.8% |
| FMX Fomento Economico Mex-SP ADR | 0.32% | 243,332 | $31.7M | Reduce -59.1% |
| XPO Xpo Inc. | 0.31% | 258,577 | $31.6M | Add +206.7% |
| AAON Aaon Inc. | 0.31% | 357,334 | $31.5M | Add +98.0% |
| TW Tradeweb Markets Inc. Class A | 0.31% | 301,936 | $31.5M | Add +12.2% |
| PBR Petroleo Brasileiro-Spon ADR | 0.31% | 2,067,049 | $31.4M | Add +10.4% |
Portfolio Sells Q4 2023 → Q1 2024
| ATI Ati Inc. | Sold out | 0.00% | −0.85 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.82 |
| RMBS Rambus Inc. | Sold out | 0.00% | −0.64 |
| FMX Fomento Economico Mex-SP ADR | Reduce -59.1% | 0.32% | −0.62 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.61 |
| FN Fabrinet | Reduce -71.0% | 0.18% | −0.59 |
| XENE Xenon Pharmaceuticals Inc. | Reduce -0.5% | 1.85% | −0.56 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.52 |
| SNPS Synopsys Inc. | Reduce -98.6% | 0.01% | −0.46 |
| FLR Fluor Corp. | Reduce -65.0% | 0.21% | −0.46 |
| AGYS Agilysys Inc. | Reduce -72.3% | 0.12% | −0.42 |
| CRS Carpenter Technology | Sold out | 0.00% | −0.41 |
| DAVA Endava PLC- Spon ADR | Sold out | 0.00% | −0.39 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −0.37 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.35 |
| WAL Western Alliance Bancorp | Reduce -46.2% | 0.27% | −0.35 |
| GLOB Globant SA | Reduce -53.4% | 0.16% | −0.34 |
| NUVL Nuvalent Inc. Class A | Reduce -28.2% | 0.50% | −0.33 |
| AXONICS INC | Sold out | 0.00% | −0.32 |
| MARA Mara Holdings Inc. | Sold out | 0.00% | −0.30 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.30 |
| GTLB Gitlab Inc. Class A | Reduce -13.5% | 0.58% | −0.29 |
| GTLS Chart Industries Inc. | Reduce -81.4% | 0.07% | −0.29 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.29 |
| EPI Wisdomtree India Earnings | Reduce -19.3% | 0.67% | −0.28 |
| DVAX Dynavax Technologies Corp. | Sold out | 0.00% | −0.27 |
| FRSH Freshworks Inc. Class A | Sold out | 0.00% | −0.27 |
| BRZE Braze Inc. Class A | Reduce -32.2% | 0.23% | −0.26 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -73.8% | 0.08% | −0.26 |
| TBBK The Bancorp Inc. | Sold out | 0.00% | −0.26 |
| COCO The Vita Coco Co. Inc. | Sold out | 0.00% | −0.25 |
| MDB Mongodb Inc. | Reduce -57.5% | 0.11% | −0.24 |
| CX Cemex Sab-Spons ADR Part Cer | Sold out | 0.00% | −0.24 |
| CBAY Cymabay Therapeutics Inc. | Sold out | 0.00% | −0.24 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.22 |
| MELI MercadoLibre Inc. | Reduce -22.1% | 0.36% | −0.22 |
| GPCR Structure Therapeutics Inc. | Reduce -4.2% | 1.06% | −0.21 |
| MGRC McGrath Rentcorp | Sold out | 0.00% | −0.21 |
| PINS Pinterest Inc. Class A | Reduce -50.5% | 0.13% | −0.21 |
| GSHD Goosehead Insurance Inc. Class A | Sold out | 0.00% | −0.20 |
| SQM Quimica Y Minera Chil-SP ADR | Sold out | 0.00% | −0.20 |
| IRWD Ironwood Pharmaceuticals Inc. | Reduce -86.7% | 0.02% | −0.20 |
| IDYA Ideaya Biosciences Inc. | Reduce -51.6% | 0.19% | −0.20 |
| CPA Copa Holdings SA Class A | Reduce -43.2% | 0.17% | −0.20 |
| AIR Aar Corp. | Sold out | 0.00% | −0.19 |
| AOS Smith (a.o.) Corp. | Sold out | 0.00% | −0.19 |
| INSP Inspire Medical Systems Inc. | Reduce -29.3% | 0.31% | −0.19 |
| MSM MSC Industrial Direct Co. Class A | Sold out | 0.00% | −0.19 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.18 |
| DT Dynatrace Inc. | Reduce -48.2% | 0.10% | −0.18 |
Portfolio Buys Q4 2023 → Q1 2024
| APGE Apogee Therapeutics Inc. | Add +55.3% | 1.37% | +0.92 |
| KMPR Kemper Corp. | New | 0.64% | +0.64 |
| CRDO Credo Technology Group Holdi | Add +344.3% | 0.78% | +0.58 |
| PR Permian Resources Corp. Class A | New | 0.56% | +0.56 |
| TNDM Tandem Diabetes Care Inc. | New | 0.46% | +0.46 |
| MTDR Matador Resources Co. | New | 0.45% | +0.45 |
| NTRA Natera Inc. | Add +50.8% | 0.97% | +0.44 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.1% | 4.90% | +0.42 |
| VIST Vista Energy Sab DE CV | Add +106.3% | 0.68% | +0.40 |
| KNF Knife River Corp. | Add +200.8% | 0.58% | +0.39 |
| JD Jd.com Inc.-ADR | New | 0.37% | +0.37 |
| TCOM Trip.com Group Ltd.-ADR | Add +99.0% | 0.72% | +0.36 |
| TDW Tidewater Inc. | Add +134.9% | 0.60% | +0.36 |
| YPF YPF S.A.-Sponsored ADR | New | 0.35% | +0.35 |
| NXE Nexgen Energy Ltd. | New | 0.34% | +0.34 |
| S Sentinelone Inc. Class A | New | 0.34% | +0.34 |
| BAP Credicorp Ltd. | New | 0.34% | +0.34 |
| BROS Dutch Bros Inc. Class A | Add +121.8% | 0.66% | +0.32 |
| CELH Celsius Holdings Inc. | Add +35.6% | 0.76% | +0.31 |
| HCI Hci Group Inc. | Add +51.8% | 0.78% | +0.31 |
| AXON Axon Enterprise Inc. | Add +28.7% | 1.38% | +0.31 |
| CTSH Cognizant Tech Solutions-A | Add +1308.5% | 0.33% | +0.30 |
| RGEN Repligen Corp. | New | 0.29% | +0.29 |
| ITUB Itau Unibanco H-Spon PRF ADR | New | 0.28% | +0.28 |
| CRNX Crinetics Pharmaceuticals Inc. | Add +3.7% | 2.44% | +0.28 |
| WFRD Weatherford International PL | Add +100.1% | 0.56% | +0.28 |
| EYE National Vision Holdings Inc. | Add +361.7% | 0.36% | +0.27 |
| FTI Technipfmc PLC | Add +47.4% | 0.77% | +0.26 |
| COHR Coherent Corp. | New | 0.25% | +0.25 |
| ITGR Integer Holdings Corp. | New | 0.25% | +0.25 |
| DPZ Domino's Pizza Inc. | New | 0.25% | +0.25 |
| REVG Rev Group Inc. | New | 0.25% | +0.25 |
| MIND MEDICINE MINDMED INC | New | 0.24% | +0.24 |
| EDU New Oriental Educatio-SP ADR | Add +38.2% | 0.90% | +0.24 |
| SSD Simpson Manufacturing Co. Inc. | New | 0.23% | +0.23 |
| HIMS Hims & Hers Health Inc. | New | 0.23% | +0.23 |
| SAIA Saia Inc. | Add +9.9% | 1.29% | +0.23 |
| XPO Xpo Inc. | Add +206.7% | 0.31% | +0.23 |
| TROX Tronox Holdings PLC | New | 0.22% | +0.22 |
| TECK Teck Resources Ltd.-CLS B | New | 0.22% | +0.22 |
| KNSL Kinsale Capital Group Inc. | Add +43.8% | 0.47% | +0.22 |
| SKY Champion Homes Inc. | New | 0.21% | +0.21 |
| ATXS Astria Therapeutics Inc. | Add +314.9% | 0.25% | +0.21 |
| SG Sweetgreen Inc. Class A | New | 0.20% | +0.20 |
| FANG Diamondback Energy Inc. | New | 0.20% | +0.20 |
| KRUS Kura Sushi USA Inc. Class A | Add +106.9% | 0.32% | +0.20 |
| NTNX Nutanix Inc. Class A | Add +86.2% | 0.39% | +0.20 |
| SCCO Southern Copper Corp. | Add +29.9% | 0.78% | +0.19 |
| NXT Nextpower Inc. | Add +88.8% | 0.41% | +0.19 |
| MNDY Monday.com Ltd. | Add +20.4% | 1.17% | +0.19 |
Options Activity Q4 2023 → Q1 2024
| GPCR Structure Therapeutics Inc. | put | Sold out | 158,000 | $1.8Mbefore exit |
| TH Target Hospitality Corp. | call | Sold out | 400,000 | $20Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 353 | $17.3B | TSM, DFTX, PRAX, XENE, SIMO |
| Q1 2026 | 354 | $13.6B | TSM, PRAX, XENE, CRNX, PL |
| Q4 2025 | 385 | $14.7B | TSM, CRNX, PRAX, GH, XENE |
| Q3 2025 | 418 | $14.0B | TSM, CRNX, PL, SITM, XENE |
| Q2 2025 | 403 | $12.5B | TSM, CCJ, IBN, AXON, CYBR |
| Q1 2025 | 388 | $10.4B | TSM, IBN, CRNX, XENE, SFM |
| Q4 2024 | 375 | $12.1B | TSM, CRNX, IBN, XENE, ALAB |
| Q3 2024 | 370 | $11.6B | TSM, CRNX, TMDX, IBN, PCVX |
| Q2 2024Amended | 361 | $10.3B | TSM, CRNX, TMDX, CCJ, IBN |
| Q1 2024 | 380 | $10.0B | TSM, SMCI, CRNX, XENE, CAMT |