Driehaus Capital Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Driehaus Capital Management LLC reported 375 stock positions worth $12.1 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 5.1% of the portfolio, followed by Crinetics Pharmaceuticals (CRNX, 2.6%) and Icici Bank Ltd.-Spon ADR (IBN, 1.7%). Compared with Q3 2024, it opened 89 new positions, sold out of 84, added to 122 and reduced 152. The biggest buy was Astera Labs (ALAB, shares +16640%) and the biggest sale Transmedics (TMDX, shares −47%).

Most Recent 13F
Q2 2026
Location
Chicago, IL
CIK
0000938206
Portfolio Value
$12.1B (Q4 2024)
SEC Filing
0000938206-25-000009 ↗ filed Feb 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $10.0B Q1 2024 Q2 2024: $10.3B Q2 2024 Q3 2024: $11.6B Q3 2024 Q4 2024: $12.1B $12.1B Q4 2024 Q1 2025: $10.4B Q1 2025 Q2 2025: $12.5B Q2 2025 Q3 2025: $14.0B Q3 2025 Q4 2025: $14.7B Q4 2025 Q1 2026: $13.6B Q1 2026 Q2 2026: $17.3B Q2 2026

Holdings 375 stocks · $12.1B

TSM Taiwan Semiconductor-SP ADR 5.07% 3,108,347 $613.9M Add +1.2%
CRNX Crinetics Pharmaceuticals Inc. 2.59% 6,141,014 $314.0M Add +4.3%
IBN Icici Bank Ltd.-Spon ADR 1.68% 6,808,904 $203.3M Add +2.0%
XENE Xenon Pharmaceuticals Inc. 1.46% 4,520,595 $177.2M Reduce -1.6%
ALAB Astera Labs Inc. 1.45% 1,324,330 $175.4M Add +16640.4%
MOD Modine Manufacturing Co. 1.38% 1,439,980 $166.9M Add +2.8%
CYBR Cyberark Software Ltd./Israel 1.31% 478,096 $159.3M Add +31.5%
FTAI Ftai Aviation Ltd. 1.30% 1,090,006 $157.0M Reduce -18.8%
NTRA Natera Inc. 1.21% 923,045 $146.1M Add +4.6%
CORZ Core Scientific Inc. 1.19% 10,264,204 $144.2M Add +112.1%
SMTC Semtech Corp. 1.04% 2,032,316 $125.7M Reduce -7.0%
GKOS Glaukos Corp. 1.01% 820,123 $123.0M Reduce -4.8%
FRPT Freshpet Inc. 0.99% 810,646 $120.1M Add +5.1%
SFM Sprouts Farmers Market Inc. 0.99% 942,785 $119.8M Add +5.2%
AXON Axon Enterprise Inc. 0.99% 201,035 $119.5M Reduce -51.9%
APGE Apogee Therapeutics Inc. 0.97% 2,605,310 $118.0M Add +2.8%
COHR Coherent Corp. 0.96% 1,230,125 $116.5M Reduce -18.7%
CCJ Cameco Corp. 0.95% 2,245,539 $115.4M Add +120.2%
FLS Flowserve Corp. 0.90% 1,888,917 $108.7M Add +307.1%
CW Curtiss-Wright Corp. 0.85% 291,582 $103.5M Add +3.0%
KNF Knife River Corp. 0.82% 983,212 $99.9M Add +3.7%
MNDY Monday.com Ltd. 0.80% 410,695 $96.7M Add +8.9%
CVNA Carvana Co. 0.79% 471,252 $95.8M Add +4.9%
PCVX Vaxcyte Inc. 0.79% 1,166,833 $95.5M Reduce -32.2%
SCCO Southern Copper Corp. 0.77% 1,028,848 $93.8M Add +26.8%
BAP Credicorp Ltd. 0.77% 506,493 $92.9M Add +23.6%
BRBR Bellring Brands Inc. 0.76% 1,224,040 $92.2M Add +5.2%
CRDO Credo Technology Group Holdi 0.74% 1,329,724 $89.4M Reduce -46.9%
CAVA Cava Group Inc. 0.71% 760,097 $85.7M Add +5.1%
WVE Wave Life Sciences Ltd. 0.69% 6,712,449 $83.0M Add +14.6%
SITM Sitime Corp. 0.68% 385,325 $82.7M Add +24.3%
AAON Aaon Inc. 0.67% 693,407 $81.6M Add +5.5%
EMBJ Embraer SA-Spon ADR 0.67% 2,203,574 $80.8M Reduce -2.0%
CVLT Commvault Systems Inc. 0.64% 512,251 $77.3M Add +20.8%
ALKT Alkami Technology Inc. 0.63% 2,093,426 $76.8M Add +16.7%
SG Sweetgreen Inc. Class A 0.63% 2,390,289 $76.6M Reduce -30.0%
CR Crane Co. 0.60% 477,604 $72.5M Add +7.3%
RYTM Rhythm Pharmaceuticals Inc. 0.60% 1,290,975 $72.3M Reduce -0.7%
WULF Terawulf Inc. 0.59% 12,733,291 $72.1M Add +3.4%
EVR Evercore Inc. Class A 0.58% 252,732 $70.1M Add +4.9%
STRL Sterling Infrastructure Inc. 0.57% 408,287 $68.8M Reduce -16.1%
MELI MercadoLibre Inc. 0.56% 39,833 $67.7M Reduce -37.8%
FIX Comfort Systems USA Inc. 0.56% 159,010 $67.4M Reduce -22.3%
BROS Dutch Bros Inc. Class A 0.55% 1,281,818 $67.1M Reduce -22.5%
TCOM Trip.com Group Ltd.-ADR 0.55% 973,034 $66.8M Reduce -34.9%
YUMC Yum China Holdings Inc. 0.55% 1,381,026 $66.5M New
ROAD Construction Partners Inc. Class A 0.55% 751,205 $66.5M Reduce -9.7%
SHAK Shake Shack Inc. Class A 0.55% 511,166 $66.3M New
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.54% 3,578,894 $65.9M Add +47.3%
TEVA Teva Pharmaceutical-SP ADR 0.54% 2,986,111 $65.8M Reduce -17.3%
LTH Life Time Group Holdings Inc. 0.54% 2,955,669 $65.4M Add +5.2%
SYRE Spyre Therapeutics Inc. 0.54% 2,803,655 $65.3M Add +308.1%
QNST Quinstreet Inc. 0.53% 2,787,695 $64.3M Add +28.4%
VIST Vista Energy Sab DE CV 0.53% 1,185,669 $64.2M Add +10.9%
TTEK Tetra Tech Inc. 0.53% 1,603,928 $63.9M Reduce -11.3%
UEC Uranium Energy Corp. 0.52% 9,499,842 $63.6M Add +52.2%
NUVL Nuvalent Inc. Class A 0.51% 793,416 $62.1M Reduce -8.2%
KMPR Kemper Corp. 0.51% 934,571 $62.1M Add +17.0%
DRS Leonardo DRS Inc. 0.51% 1,920,298 $62.0M Reduce -10.9%
GGAL Grupo Financiero Galicia-ADR 0.51% 990,763 $61.7M Reduce -17.0%
SKWD Skyward Specialty Insurance 0.51% 1,215,672 $61.4M Reduce -1.6%
ACVA Acv Auctions Inc. Class A 0.51% 2,837,165 $61.3M Add +128.5%
CWAN Clearwater Analytics HDS-A 0.50% 2,214,452 $60.9M Add +13.8%
ITGR Integer Holdings Corp. 0.49% 451,464 $59.8M Add +5.5%
SEPN Septerna Inc. 0.49% 2,589,553 $59.3M New
HCI Hci Group Inc. 0.48% 503,537 $58.7M Reduce -3.0%
HAPN Happen Inc. filed as LENDINGCLUB CORP 0.48% 3,588,799 $58.1M Add +229.1%
PLMR Palomar Holdings Inc. 0.47% 542,142 $57.2M Reduce -6.8%
WAL Western Alliance Bancorp 0.47% 685,010 $57.2M Add +5.1%
GLOB Globant SA 0.47% 265,380 $56.9M Add +4.1%
LRN Stride Inc. 0.47% 546,636 $56.8M Reduce -27.0%
VERX Vertex Inc. Class A 0.47% 1,063,711 $56.7M Add +5.1%
PBR Petroleo Brasileiro-Spon ADR 0.47% 4,400,224 $56.6M Reduce -6.4%
KYMR Kymera Therapeutics Inc. 0.46% 1,390,372 $55.9M Add +4.6%
GPCR Structure Therapeutics Inc. 0.46% 2,057,410 $55.8M Reduce -18.6%
NTNX Nutanix Inc. Class A 0.46% 902,630 $55.2M Add +9.4%
FSS Federal Signal Corp. 0.45% 595,980 $55.1M Reduce -29.6%
ALSN Allison Transmission Holding 0.45% 505,321 $54.6M Add +5.2%
GRAB Grab Holdings Ltd. Class A 0.45% 11,534,614 $54.4M New
CRS Carpenter Technology 0.45% 319,783 $54.3M Add +35.2%
MRUS Merus NV 0.44% 1,280,337 $53.8M Reduce -5.8%
WIX Wix.com Ltd. 0.44% 247,812 $53.2M Add +43.8%
MGNI Magnite Inc. 0.44% 3,318,493 $52.8M Reduce -2.9%
ITUB Itau Unibanco H-Spon PRF ADR 0.42% 10,373,676 $51.5M Reduce -35.5%
LAD Lithia Motors Inc. 0.42% 142,124 $50.8M Add +91.1%
FTI Technipfmc PLC 0.40% 1,687,435 $48.8M Add +19.5%
VRNS Varonis Systems Inc. 0.40% 1,084,651 $48.2M Reduce -19.6%
BOOT Boot Barn Holdings Inc. 0.39% 315,210 $47.9M Add +55.9%
JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP 0.39% 373,921 $47.5M New
TMDX Transmedics Group Inc. 0.39% 760,841 $47.4M Reduce -47.2%
AGI Alamos Gold Inc. Class A 0.39% 2,549,393 $47.0M Add +2.1%
PTCT PTC Therapeutics Inc. 0.39% 1,041,059 $47.0M New
VCYT Veracyte Inc. 0.39% 1,183,766 $46.9M Add +226.8%
GPOR Gulfport Energy Corp. 0.39% 254,471 $46.9M Add +291.3%
PSN Parsons Corp. 0.38% 493,245 $45.5M Reduce -19.8%
GMED Globus Medical Inc. Class A 0.37% 545,744 $45.1M New
TBBB BBB Foods Inc. Class A 0.37% 1,567,285 $44.3M Add +17.4%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.36% 1,845,623 $43.9M Add +195.6%
UPST Upstart Holdings Inc. 0.36% 708,450 $43.6M Add +54.6%
BMI Badger Meter Inc. 0.34% 192,598 $40.9M Add +34.9%
EWTX Edgewise Therapeutics Inc. 0.33% 1,493,791 $39.9M Reduce -23.5%
SPXC SPX Technologies Inc. 0.32% 267,251 $38.9M Reduce -15.5%
TVTX Travere Therapeutics Inc. 0.32% 2,217,975 $38.6M Add +608.1%
TW Tradeweb Markets Inc. Class A 0.31% 291,146 $38.1M Reduce -1.9%
ALK Alaska Air Group Inc. 0.31% 580,107 $37.6M New
ITRI Itron Inc. 0.31% 342,427 $37.2M Add +2.7%
OSW Onespaworld Holdings Ltd. 0.31% 1,864,398 $37.1M Reduce -1.0%
GTLS Chart Industries Inc. 0.30% 191,495 $36.5M New
RXO Rxo Inc. 0.30% 1,517,931 $36.2M Add +23.7%
RKLB Rocket Lab USA Inc. 0.30% 1,412,931 $36.0M New
VRDN Viridian Therapeutics Inc. 0.30% 1,875,876 $36.0M Reduce -5.8%
RNAM Avidity Biosciences Inc. 0.29% 1,228,058 $35.7M Add +40.8%
RARE Ultragenyx Pharmaceutical Inc. 0.29% 829,465 $34.9M Add +5.8%
SAIA Saia Inc. 0.28% 75,726 $34.5M Add +9.0%
EPAM Epam Systems Inc. 0.28% 143,971 $33.7M New
SKY Champion Homes Inc. 0.28% 380,261 $33.5M Reduce -21.7%
PWR Quanta Services Inc. 0.28% 105,880 $33.5M Add +3.4%
LNTH Lantheus Holdings Inc. 0.27% 370,661 $33.2M Add +6.6%
FN Fabrinet 0.27% 148,722 $32.7M Reduce -63.3%
HOOD Robinhood Markets Inc. Class A 0.27% 869,268 $32.4M Add +11.9%
COCO The Vita Coco Co. Inc. 0.26% 854,617 $31.5M Add +77.3%
PI Impinj Inc. 0.26% 213,714 $31.0M Add +176.0%
EME Emcor Group Inc. 0.26% 68,352 $31.0M Reduce -47.4%
CAMT Camtek Ltd. 0.26% 383,263 $31.0M New
ITCI Intra-Cellular Therapies Inc. 0.25% 369,617 $30.9M Add +5.8%
RSI Rush Street Interactive Inc. 0.25% 2,200,517 $30.2M Add +56.6%
TBBK The Bancorp Inc. 0.25% 571,583 $30.1M Reduce -25.3%
AR Antero Resources Corp. 0.25% 856,005 $30.0M Add +118.5%
AFRM Affirm Holdings Inc. 0.24% 483,748 $29.5M Add +12.4%
CLH Clean Harbors Inc. 0.24% 127,870 $29.4M Add +3.7%
MBX MBX Biosciences Inc. 0.24% 1,581,760 $29.2M Add +61.2%
ARGX Argenx SE - ADR 0.24% 47,354 $29.1M Add +3.7%
ECG Everus Construction Group 0.24% 439,888 $28.9M New
AVAV Aerovironment Inc. 0.24% 187,190 $28.8M Add +27.0%
RDDT Reddit Inc. Class A 0.24% 174,268 $28.5M Add +3.7%
BV Brightview Holdings Inc. 0.23% 1,774,102 $28.4M Reduce -1.1%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.23% 2,690,146 $27.9M Add +2.2%
JANX Janux Therapeutics Inc. 0.23% 515,646 $27.6M New
CNTA Centessa Pharmaceuticals Ltd. 0.22% 1,598,183 $26.8M Reduce -26.1%
PODD Insulet Corp. 0.22% 99,886 $26.1M Add +120.3%
ANF Abercrombie & Fitch Co. Class A 0.21% 173,687 $26.0M Reduce -22.6%
PRCT Procept Biorobotics Corp. 0.21% 318,135 $25.6M Reduce -9.6%
AIT Applied Industrial Tech Inc. 0.21% 105,528 $25.3M Add +5.7%
LOAR Loar Holdings Inc. 0.21% 341,144 $25.2M Reduce -21.4%
MOG.A Moog Inc. Class A 0.21% 127,573 $25.1M Add +6.3%
GENI Genius Sports Ltd. 0.21% 2,889,112 $25.0M Add +22.1%
WGS Genedx Holdings Corp. 0.21% 324,918 $25.0M Reduce -31.3%
ENVX Enovix Corp. 0.20% 2,282,053 $24.8M Reduce -47.4%
DECK Deckers Outdoor Corp. 0.20% 122,136 $24.8M Reduce -12.0%
REVG Rev Group Inc. 0.20% 776,037 $24.7M Reduce -9.9%
PAY Paymentus Holdings Inc. Class A 0.20% 751,995 $24.6M New
PAAS Pan American Silver Corp. 0.20% 1,214,061 $24.5M Reduce -42.9%
LMAT Lemaitre Vascular Inc. 0.20% 263,220 $24.3M Reduce -1.1%
NRIX Nurix Therapeutics Inc. 0.20% 1,279,691 $24.1M Reduce -0.5%
KRUS Kura Sushi USA Inc. Class A 0.20% 265,660 $24.1M New
COMP Compass Inc. Class A 0.20% 4,047,651 $23.7M Reduce -16.3%
ADMA Adma Biologics Inc. 0.19% 1,371,207 $23.5M Reduce -33.3%
MIND MEDICINE MINDMED INC 0.19% 3,376,207 $23.5M Reduce -13.3%
WRBY Warby Parker Inc. Class A 0.19% 964,441 $23.3M Add +18.7%
LII Lennox International Inc. 0.19% 38,259 $23.3M Add +3.8%
AMSC American Superconductor Corp. 0.19% 942,698 $23.2M Add +18.0%
RYAN Ryan Specialty Holdings Inc. 0.19% 351,881 $22.6M Add +3.7%
SRRK Scholar Rock Holding Corp. 0.18% 516,005 $22.3M New
BECN Beacon Roofing Supply Inc. 0.18% 219,306 $22.3M Reduce -21.5%
CNNE Cannae Holdings Inc. 0.18% 1,116,710 $22.2M Reduce -2.8%
BURL Burlington Stores Inc. 0.18% 75,385 $21.5M Reduce -1.7%
MWA Mueller Water Products Inc. Class A 0.18% 949,401 $21.4M Reduce -1.1%
MMYT Makemytrip Ltd. 0.17% 185,677 $20.8M Add +173.0%
AGYS Agilysys Inc. 0.17% 155,980 $20.5M Reduce -29.1%
HEI Heico Corp. 0.17% 85,628 $20.4M Reduce -50.5%
DOCU Docusign Inc. 0.16% 219,456 $19.7M Reduce -28.9%
NCLH Norwegian Cruise Line Holdin 0.16% 764,736 $19.7M New
TKO Tko Group Holdings Inc. 0.16% 137,442 $19.5M Reduce -16.0%
GDYN Grid Dynamics Holdings Inc. 0.16% 874,902 $19.5M New
BWXT BWX Technologies Inc. 0.16% 173,858 $19.4M Reduce -0.6%
TOST Toast Inc. Class A 0.16% 531,262 $19.4M Reduce -8.2%
PAYO Payoneer Global Inc. 0.16% 1,922,809 $19.3M New
KRYS Krystal Biotech Inc. 0.16% 121,702 $19.1M Reduce -25.5%
KRRO Korro Bio Inc. 0.16% 494,905 $18.8M Add +220.3%
AAOI Applied Optoelectronics Inc. 0.16% 510,594 $18.8M Reduce -66.5%
GWRE Guidewire Software Inc. 0.15% 110,333 $18.6M Reduce -7.8%
CASH Pathward Financial Inc. 0.15% 248,219 $18.3M Add +21.1%
SN Sharkninja Inc. 0.15% 186,126 $18.1M Add +164.4%
CECO Ceco Environmental Corp. 0.15% 583,866 $17.7M Reduce -1.1%
LGND Ligand Pharmaceuticals 0.14% 162,771 $17.4M Add +70.0%
PRIM Primoris Services Corp. 0.14% 222,501 $17.0M New
AVPT Avepoint Inc. 0.14% 1,018,405 $16.8M Reduce -45.9%
BLFY Blue Foundry Bancorp 0.14% 1,707,776 $16.8M Reduce -0.6%
INOD Innodata Inc. 0.14% 422,894 $16.7M New
VIK Viking Holdings Ltd. 0.14% 378,035 $16.7M Add +99.7%
XMTR Xometry Inc. Class A 0.14% 387,973 $16.6M New
XPO Xpo Inc. 0.14% 125,321 $16.4M Add +31.3%
SOUN Soundhound AI Inc. Class A 0.14% 827,695 $16.4M New
KTOS Kratos Defense & Security 0.13% 615,569 $16.2M Reduce -15.4%
FICO Fair Isaac Corp. 0.13% 8,123 $16.2M Reduce -13.5%
AXGN Axogen Inc. 0.13% 954,439 $15.7M Add +166.0%
VSEC Vse Corp. 0.13% 165,035 $15.7M New
ATMU Atmus Filtration Technologie 0.13% 399,387 $15.6M Reduce -36.5%
SEI Solaris Energy Infrastructur 0.13% 535,801 $15.4M New
PWP Perella Weinberg Partners 0.13% 644,085 $15.4M Reduce -1.1%
ARQT Arcutis Biotherapeutics Inc. 0.13% 1,096,769 $15.3M New
CDNA Caredx Inc. 0.12% 688,395 $14.7M Reduce -24.0%
RVLV Revolve Group Inc. Class A 0.12% 433,880 $14.5M New
HWM Howmet Aerospace Inc. 0.12% 132,330 $14.5M Reduce -32.4%
GLNG Golar LNG Ltd. 0.12% 335,240 $14.2M Reduce -1.1%
VMI Valmont Industries 0.12% 46,238 $14.2M New
NXE Nexgen Energy Ltd. 0.12% 2,146,030 $14.2M Add +54.9%
NBIX Neurocrine Biosciences Inc. 0.12% 102,921 $14.0M Add +45.4%
SEZL Sezzle Inc. 0.12% 54,746 $14.0M Reduce -21.5%
ATXS Astria Therapeutics Inc. 0.12% 1,561,791 $14.0M Reduce -3.5%
VITL Vital Farms Inc. 0.11% 369,113 $13.9M Reduce -60.6%
WEAV Weave Communications Inc. 0.11% 855,502 $13.6M Add +57.9%
BIRK Birkenstock Holding PLC 0.11% 239,859 $13.6M Add +83.2%
WSC Willscot Holdings Corp. 0.11% 398,682 $13.3M Reduce -0.7%
RPC Ridgepost Capital Inc. Class A filed as P10 INC 0.11% 1,052,486 $13.3M New
WWW Wolverine World Wide Inc. 0.11% 593,693 $13.2M Add +135.5%
PTGX Protagonist Therapeutics Inc. 0.11% 339,698 $13.1M Reduce -23.7%
KRNT Kornit Digital Ltd. 0.11% 413,056 $12.8M Add +31.8%
ARLO Arlo Technologies Inc. 0.10% 1,135,988 $12.7M Reduce -57.3%
PRAX Praxis Precision Medicines I 0.10% 164,912 $12.7M Reduce -0.7%
LB Landbridge Co. LLC-A 0.10% 196,220 $12.7M New
MXL Maxlinear Inc. 0.10% 640,783 $12.7M New
KNSL Kinsale Capital Group Inc. 0.10% 26,631 $12.4M Reduce -53.8%
ASND Ascendis Pharma A/S 0.10% 88,496 $12.2M Reduce -22.6%
KNSA Kiniksa Pharmaceuticals Inte 0.10% 613,550 $12.1M Reduce -16.1%
GDEN Golden Entertainment Inc. 0.10% 383,738 $12.1M Reduce -33.8%
BOW Bowhead Specialty Holdings I 0.10% 339,305 $12.1M Add +8.5%
MDB Mongodb Inc. 0.10% 51,719 $12.0M New
CLBT Cellebrite Di Ltd. 0.10% 542,828 $12.0M New
BEAG Bold Eagle Acquisition Cor-A 0.10% 1,200,000 $11.8M New
INSM Insmed Inc. 0.10% 171,289 $11.8M Add +2.3%
BVS Bioventus Inc. Class A 0.10% 1,119,855 $11.8M Add +33.7%
TWFG TWFG Inc. 0.10% 380,925 $11.7M Reduce -1.1%
ILMN Illumina Inc. 0.10% 87,078 $11.6M Add +62.5%
BLBD Blue Bird Corp. 0.10% 300,933 $11.6M Reduce -50.4%
AOSL Alpha & Omega Semiconductor 0.10% 313,591 $11.6M New
EXEL Exelixis Inc. 0.10% 346,943 $11.6M New
RGLD Royal Gold Inc. 0.10% 87,366 $11.5M Reduce -29.4%
TDY Teledyne Technologies Inc. 0.09% 24,467 $11.4M New
EXP Eagle Materials Inc. 0.09% 45,596 $11.3M Add +21.3%
SOC Sable Offshore Corp. 0.09% 487,096 $11.2M Add +57.9%
HLMN Hillman Solutions Corp. 0.09% 1,136,335 $11.1M Reduce -1.4%
APLD Applied Digital Corp. 0.09% 1,443,605 $11.0M New
QXO Qxo Inc. 0.09% 688,525 $10.9M Reduce -24.4%
AYI Acuity Inc. 0.09% 37,304 $10.9M New
MAX Mediaalpha Inc. Class A 0.09% 960,757 $10.8M Reduce -57.3%
OPRA Opera Ltd.-ADR 0.09% 562,099 $10.6M New
AZZ Azz Inc. 0.09% 129,541 $10.6M New
REAL The Realreal Inc. filed as THE REALREAL INC 0.09% 948,749 $10.4M New
LEU Centrus Energy Corp. Class A 0.09% 155,633 $10.4M New
BLND Blend Labs Inc. Class A 0.08% 2,434,596 $10.2M Reduce -49.4%
SWIM Latham Group Inc. 0.08% 1,468,527 $10.2M New
SMLR Semler Scientific Inc. 0.08% 187,449 $10.1M New
CDRE Cadre Holdings Inc. 0.08% 303,085 $9.8M Reduce -36.6%
OLO Olo Inc. Class A 0.08% 1,261,888 $9.7M New
BKV BKV Corporation 0.08% 401,728 $9.6M New
OMCL Omnicell Inc. 0.08% 212,960 $9.5M Reduce -1.1%
CIFR Cipher Digital Inc. 0.08% 2,034,312 $9.4M New
BYRN Byrna Technologies Inc. 0.08% 322,954 $9.3M New
TERN Terns Pharmaceuticals Inc. 0.08% 1,661,846 $9.2M Reduce -20.6%
LUNR Intuitive Machines Inc. 0.08% 502,903 $9.1M New
OACCU Oaktree Acquisition III Life 0.08% 900,000 $9.1M New
FARO Faro Technologies Inc. 0.07% 354,490 $9.0M New
ACI Albertsons Cos Inc. Class A 0.07% 451,942 $8.9M No change
SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC 0.07% 608,209 $8.9M New
DYNC Dynamix Corp. 0.07% 900,000 $8.8M New
NBIS Nebius Group NV 0.07% 317,552 $8.8M New
PRCH Porch Group Inc. 0.07% 1,737,732 $8.5M New
TWLO Twilio Inc. Class A 0.07% 77,329 $8.4M New
GRDN Guardian Phrmcy Services-A 0.07% 404,520 $8.2M Reduce -1.0%
CCB Coastal Financial Corp. 0.07% 96,215 $8.2M New
LAUR Laureate Education Inc. 0.07% 444,572 $8.1M Add +30.6%
MMSI Merit Medical Systems Inc. 0.07% 83,464 $8.1M New
ALNY Alnylam Pharmaceuticals Inc. 0.07% 33,480 $7.9M Add +3.5%
POWL Powell Industries Inc. 0.06% 34,519 $7.7M Reduce -39.9%
CBLL Ceribell Inc. 0.06% 280,005 $7.2M New
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED 0.06% 509,068 $7.2M New
CNM Core & Main Inc. Class A 0.06% 136,365 $6.9M New
WOOF Petco Health and Wellness Co. 0.06% 1,807,621 $6.9M New
LUCK Lucky Strike Entertainment C 0.05% 637,629 $6.4M New
IONS Ionis Pharmaceuticals Inc. 0.05% 180,002 $6.3M Reduce -21.7%
EMXC iShares MSCI Emr MRK Ex Chna 0.05% 111,744 $6.2M No change
GXO Gxo Logistics Inc. 0.05% 141,320 $6.1M Add +22.6%
ORKA Oruka Therapeutics Inc. 0.05% 308,795 $6.0M No change
PACK Ranpak Holdings Corp. 0.05% 853,267 $5.9M Reduce -1.1%
PENN Penn Entertainment Inc. 0.05% 292,617 $5.8M Add +24.9%
CGON CG Oncology Inc. 0.05% 197,937 $5.7M Reduce -1.0%
ESTC Elastic NV 0.05% 56,774 $5.6M New
ARES ACQUISITION CORP II 0.05% 500,000 $5.5M No change
HAYMAKER ACQUISITION CORP 4 0.04% 500,000 $5.4M No change
GLBE Global-E Online Ltd. 0.04% 96,249 $5.2M New
CTSH Cognizant Tech Solutions-A 0.04% 66,355 $5.1M Reduce -84.2%
ADPT Adaptive Biotechnologies 0.04% 846,171 $5.1M Add +94.4%
LRMR Larimar Therapeutics Inc. 0.04% 1,269,856 $4.9M Reduce -0.7%
IFS Intercorp Financial Services 0.04% 167,038 $4.9M New
VSTS Vestis Corp. 0.04% 320,405 $4.9M New
DSGN Design Therapeutics Inc. 0.04% 776,082 $4.8M New
NVDA Nvidia Corp. 0.03% 27,623 $3.7M Reduce -21.7%
KSA Ishrs MSCI Saudi Arabia ETF 0.03% 86,232 $3.5M Reduce -37.8%
AAPL Apple Inc. 0.03% 13,662 $3.4M Reduce -38.7%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.03% 32,124 $3.0M Add +0.1%
VIV Telefonica Brasil-ADR 0.02% 372,141 $2.8M Reduce -87.3%
CZR Caesars Entertainment Inc. 0.02% 83,666 $2.8M No change
TARA Protara Therapeutic Inc. 0.02% 517,152 $2.7M New
VINP Vinci Compass Investments LT filed as VINCI PARTNERS INVTS LTD 0.02% 263,726 $2.7M Add +71.1%
GAUZ Gauzy Ltd. 0.02% 262,149 $2.6M Reduce -1.7%
SE Sea Ltd.-ADR 0.02% 22,362 $2.4M Reduce -96.2%
META Meta Platforms Inc. Class A 0.02% 3,766 $2.2M Reduce -9.4%
AMZN Amazon.com Inc. 0.02% 9,943 $2.2M Add +2.9%
MSFT Microsoft Corp. 0.02% 5,104 $2.2M Reduce -35.5%
XERS Xeris Biopharma Holdings Inc. 0.02% 594,015 $2.0M New
SKYE Skye Bioscience Inc. 0.02% 650,758 $1.8M No change
ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD 0.01% 9,786 $1.8M Reduce -15.5%
KKR KKR & Co. Inc. 0.01% 11,696 $1.7M Reduce -4.0%
XGN Exagen Inc. 0.01% 418,505 $1.7M New
AVGO Broadcom Inc. 0.01% 6,901 $1.6M Reduce -22.9%
PAM Pampa Energia SA-Spon ADR 0.01% 18,097 $1.6M Reduce -15.5%
FCNCA First Citizens Bcshs Class A 0.01% 661 $1.4M Add +10.5%
CHT Chunghwa Telecom LT-Spon ADR 0.01% 36,471 $1.4M Reduce -53.6%
XOM Exxon Mobil Corp. 0.01% 12,727 $1.4M Reduce -14.2%
JPM JPMorgan Chase & Co. 0.01% 5,642 $1.4M Reduce -23.3%
OVID Ovid Therapeutics Inc. 0.01% 1,400,191 $1.3M No change
OLMA Olema Pharmaceuticals Inc. 0.01% 220,264 $1.3M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 25,614 $1.1M Add +22.1%
MRVL Marvell Technology Inc. 0.01% 9,941 $1.1M Add +66.9%
WMT Walmart Inc. 0.01% 11,965 $1.1M Reduce -15.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 8,848 $1.0M Reduce -16.2%
MSI Motorola Solutions Inc. 0.01% 2,211 $1.0M Reduce -17.0%
SPOT Spotify Technology SA 0.01% 2,281 $1.0M Reduce -30.5%
TFC Truist Financial Corp. 0.01% 21,719 $942K Add +42.4%
DFS Discover Financial Services 0.01% 4,954 $858K New
LIN Linde PLC 0.01% 2,026 $848K Reduce -4.0%
CDXS Codexis Inc. 0.01% 176,748 $843K New
TSLA Tesla Inc. 0.01% 2,074 $838K New
GOOGL Alphabet Inc. Class A 0.01% 4,410 $835K Reduce -53.0%
CMG Chipotle Mexican Grill Inc. 0.01% 13,743 $829K Reduce -4.0%
NOW ServiceNow Inc. 0.01% 774 $821K Reduce -4.1%
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 14,835 $813K Reduce -19.0%
AZN Astrazeneca PLC-Spons ADR 0.01% 11,833 $775K Add +19.0%
NGNE Neurogene Inc. 0.01% 32,765 $749K Reduce -67.9%
LLY Eli Lilly & Co. 0.01% 967 $747K Reduce -18.7%
GLD SPDR Gold Shares 0.01% 3,056 $740K Reduce -23.0%
SYK Stryker Corp. 0.01% 1,911 $688K Add +16.2%
CASY Casey's General Stores Inc. 0.01% 1,684 $667K Reduce -4.0%
BA The Boeing Co. 0.01% 3,699 $655K New
GTES Gates Industrial Corp. UK Ltd. 0.01% 31,644 $651K New
ISRG Intuitive Surgical Inc. 0.01% 1,152 $601K New
ALC Alcon Inc. filed as ALCON AG 0.00% 6,223 $581K New
NET Cloudflare Inc. Class A 0.00% 5,367 $578K Reduce -37.0%
ANNX Annexon Inc. 0.00% 258,314 $547K No change
ABBV Abbvie Inc. 0.00% 3,051 $542K New
CCIXU Churchill Capital Corp. Ix 0.00% 50,000 $520K No change
PM Philip Morris International 0.00% 4,266 $513K New
PHLT Performant Healthcare Inc. 0.00% 169,186 $511K No change
APP AppLovin Corp. Class A 0.00% 1,551 $502K New
USFD US Foods Holding Corp. 0.00% 7,103 $479K Reduce -4.0%
DDOG Datadog Inc. Class A 0.00% 3,339 $477K New
CL Colgate-Palmolive Co. 0.00% 5,224 $475K Reduce -31.9%
VRTX Vertex Pharmaceuticals Inc. 0.00% 1,122 $452K Reduce -4.0%
VT Vanguard Tot World STK ETF 0.00% 3,706 $435K New
HBAN Huntington Bancshares Inc. 0.00% 26,279 $428K New
BND Vanguard Total Bond Market 0.00% 5,708 $410K Reduce -24.1%
CAT Caterpillar Inc. 0.00% 1,114 $404K Add +22.1%
EQT Eqt Corp. 0.00% 8,578 $396K New
AEM Agnico Eagle Mines Ltd. 0.00% 4,900 $383K Reduce -48.4%
ROP Roper Technologies Inc. 0.00% 734 $382K Reduce -41.4%
BHP BHP Group Ltd.-Spon ADR 0.00% 15,572 $380K Reduce -4.0%
MDLZ Mondelez International Inc. Class A 0.00% 5,809 $347K Reduce -31.8%
UBER Uber Technologies Inc. 0.00% 5,695 $344K Reduce -66.6%
BLDR Builders Firstsource Inc. 0.00% 2,387 $341K Reduce -96.0%
SO The Southern Co. 0.00% 4,144 $341K Reduce -35.2%
VLUE iShares MSCI USA Value Facto 0.00% 3,095 $327K Reduce -3.3%
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 0.00% 11,235 $309K No change
SU Suncor Energy Inc. 0.00% 8,000 $286K Reduce -4.8%
INSPIRATO INCORPORATED 0.00% 167,540 $2K New
Other holdings (6): bonds, preferreds, convertibles and warrants · $171K (not counted above)
SecurityClassShares / PrincipalValueChange
KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 250,000$40KNo change
HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 249,999$35KNo change
PGYWW Pagaya Technologies Ltd. -27 *W EXP 99/99/999 480,716$34KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 620,220$31KNo change
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 135,000$20KNew
DYNCW Dynamix Corp. - 29 *W EXP 10/25/202 450,000$11KNew

Total filed on the 13F, all lines: $12.1B.

Portfolio Sells Q3 2024 → Q4 2024

TMDX Transmedics Group Inc. Reduce -47.2% 0.39% −1.55
PCVX Vaxcyte Inc. Reduce -32.2% 0.79% −0.90
WING Wingstop Inc. Sold out 0.00% −0.73
EPI Wisdomtree India Earnings Sold out 0.00% −0.72
ASPN Aspen Aerogels Inc. Sold out 0.00% −0.61
MELI MercadoLibre Inc. Reduce -37.8% 0.56% −0.57
FN Fabrinet Reduce -63.3% 0.27% −0.55
ITUB Itau Unibanco H-Spon PRF ADR Reduce -35.5% 0.42% −0.49
GPCR Structure Therapeutics Inc. Reduce -18.6% 0.46% −0.49
BWIN Baldwin Insurance Group Inc./ Sold out 0.00% −0.49
ATI Ati Inc. Sold out 0.00% −0.47
SE Sea Ltd.-ADR Reduce -96.2% 0.02% −0.45
AXON Axon Enterprise Inc. Reduce -51.9% 0.99% −0.45
APPF Appfolio Inc. Class A Sold out 0.00% −0.43
SG Sweetgreen Inc. Class A Reduce -30.0% 0.63% −0.41
ESI Element Solutions Inc. Sold out 0.00% −0.39
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.36
BFAM Bright Horizons Family Solut Sold out 0.00% −0.31
TNDM Tandem Diabetes Care Inc. Sold out 0.00% −0.28
MAX Mediaalpha Inc. Class A Reduce -57.3% 0.09% −0.26
VRNS Varonis Systems Inc. Reduce -19.6% 0.40% −0.26
OSCR Oscar Health Inc. Class A Sold out 0.00% −0.25
NUVL Nuvalent Inc. Class A Reduce -8.2% 0.51% −0.25
CTSH Cognizant Tech Solutions-A Reduce -84.2% 0.04% −0.24
VIV Telefonica Brasil-ADR Reduce -87.3% 0.02% −0.24
FTAI Ftai Aviation Ltd. Reduce -18.8% 1.30% −0.23
EME Emcor Group Inc. Reduce -47.4% 0.26% −0.22
FSS Federal Signal Corp. Reduce -29.6% 0.45% −0.22
MCY Mercury General Corp. Sold out 0.00% −0.22
HEI Heico Corp. Reduce -50.5% 0.17% −0.22
MTH Meritage Homes Corp. Sold out 0.00% −0.22
KFY Korn Ferry Sold out 0.00% −0.21
TCOM Trip.com Group Ltd.-ADR Reduce -34.9% 0.55% −0.21
LBPH Longboard Pharmaceuticals Inc. Sold out 0.00% −0.21
TTEK Tetra Tech Inc. Reduce -11.3% 0.53% −0.20
SDRL Seadrill Limited Sold out 0.00% −0.20
RXST Rxsight Inc. Sold out 0.00% −0.20
TOL Toll Brothers Inc. Sold out 0.00% −0.20
COHR Coherent Corp. Reduce -18.7% 0.96% −0.19
IBP Installed Building Products Sold out 0.00% −0.19
PAAS Pan American Silver Corp. Reduce -42.9% 0.20% −0.18
FSLR First Solar Inc. Sold out 0.00% −0.18
ONTO Onto Innovation Inc. Sold out 0.00% −0.17
ARLO Arlo Technologies Inc. Reduce -57.3% 0.10% −0.17
PSN Parsons Corp. Reduce -19.8% 0.38% −0.17
VITL Vital Farms Inc. Reduce -60.6% 0.11% −0.17
XYL Xylem Inc. Sold out 0.00% −0.17
ADMA Adma Biologics Inc. Reduce -33.3% 0.19% −0.16
BLBD Blue Bird Corp. Reduce -50.4% 0.10% −0.15
ENVX Enovix Corp. Reduce -47.4% 0.20% −0.14

Portfolio Buys Q3 2024 → Q4 2024

ALAB Astera Labs Inc. Add +16640.4% 1.45% +1.44
CORZ Core Scientific Inc. Add +112.1% 1.19% +0.70
FLS Flowserve Corp. Add +307.1% 0.90% +0.69
YUMC Yum China Holdings Inc. New 0.55% +0.55
SHAK Shake Shack Inc. Class A New 0.55% +0.55
CCJ Cameco Corp. Add +120.2% 0.95% +0.53
SEPN Septerna Inc. New 0.49% +0.49
TSM Taiwan Semiconductor-SP ADR Add +1.2% 5.07% +0.49
GRAB Grab Holdings Ltd. Class A New 0.45% +0.45
CYBR Cyberark Software Ltd./Israel Add +31.5% 1.31% +0.40
JBTM JBT Marel Corp. New 0.39% +0.39
PTCT PTC Therapeutics Inc. New 0.39% +0.39
GMED Globus Medical Inc. Class A New 0.37% +0.37
HAPN Happen Inc. Add +229.1% 0.48% +0.37
SYRE Spyre Therapeutics Inc. Add +308.1% 0.54% +0.37
ALK Alaska Air Group Inc. New 0.31% +0.31
GPOR Gulfport Energy Corp. Add +291.3% 0.39% +0.30
GTLS Chart Industries Inc. New 0.30% +0.30
RKLB Rocket Lab USA Inc. New 0.30% +0.30
ACVA Acv Auctions Inc. Class A Add +128.5% 0.51% +0.29
TVTX Travere Therapeutics Inc. Add +608.1% 0.32% +0.28
VCYT Veracyte Inc. Add +226.8% 0.39% +0.28
EPAM Epam Systems Inc. New 0.28% +0.28
WVE Wave Life Sciences Ltd. Add +14.6% 0.69% +0.27
CAMT Camtek Ltd. New 0.26% +0.26
GDS GDS Holdings Ltd. - ADR Add +195.6% 0.36% +0.25
NTRA Natera Inc. Add +4.6% 1.21% +0.24
ECG Everus Construction Group New 0.24% +0.24
JANX Janux Therapeutics Inc. New 0.23% +0.23
SITM Sitime Corp. Add +24.3% 0.68% +0.23
LAD Lithia Motors Inc. Add +91.1% 0.42% +0.22
PAY Paymentus Holdings Inc. Class A New 0.20% +0.20
UPST Upstart Holdings Inc. Add +54.6% 0.36% +0.20
KRUS Kura Sushi USA Inc. Class A New 0.20% +0.20
UEC Uranium Energy Corp. Add +52.2% 0.52% +0.19
WIX Wix.com Ltd. Add +43.8% 0.44% +0.19
SRRK Scholar Rock Holding Corp. New 0.18% +0.18
QNST Quinstreet Inc. Add +28.4% 0.53% +0.17
NCLH Norwegian Cruise Line Holdin New 0.16% +0.16
GDYN Grid Dynamics Holdings Inc. New 0.16% +0.16
PAYO Payoneer Global Inc. New 0.16% +0.16
BRBR Bellring Brands Inc. Add +5.2% 0.76% +0.15
AR Antero Resources Corp. Add +118.5% 0.25% +0.15
ALKT Alkami Technology Inc. Add +16.7% 0.63% +0.15
COCO The Vita Coco Co. Inc. Add +77.3% 0.26% +0.14
PRIM Primoris Services Corp. New 0.14% +0.14
RDDT Reddit Inc. Class A Add +3.7% 0.24% +0.14
SFM Sprouts Farmers Market Inc. Add +5.2% 0.99% +0.14
INOD Innodata Inc. New 0.14% +0.14
XMTR Xometry Inc. Class A New 0.14% +0.14

Notes & Other Activity Q3 2024 → Q4 2024

RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 New 135,000 $20K
DYNCW Dynamix Corp. - 29 *W EXP 10/25/202 New 450,000 $11K
CLDWW Calidi Biotherapeutics -CW23 *W EXP 03/14/202 Sold out 750,000 $9Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 353$17.3BTSM, DFTX, PRAX, XENE, SIMO
Q1 2026 354$13.6BTSM, PRAX, XENE, CRNX, PL
Q4 2025 385$14.7BTSM, CRNX, PRAX, GH, XENE
Q3 2025 418$14.0BTSM, CRNX, PL, SITM, XENE
Q2 2025 403$12.5BTSM, CCJ, IBN, AXON, CYBR
Q1 2025 388$10.4BTSM, IBN, CRNX, XENE, SFM
Q4 2024 375$12.1BTSM, CRNX, IBN, XENE, ALAB
Q3 2024 370$11.6BTSM, CRNX, TMDX, IBN, PCVX
Q2 2024Amended 361$10.3BTSM, CRNX, TMDX, CCJ, IBN
Q1 2024 380$10.0BTSM, SMCI, CRNX, XENE, CAMT