Driehaus Capital Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Driehaus Capital Management LLC reported 354 stock positions worth $13.6 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 3.1% of the portfolio, followed by Praxis Precision Medicines I (PRAX, 2.2%) and Xenon Pharmaceuticals (XENE, 1.9%). Compared with Q4 2025, it opened 87 new positions, sold out of 118, added to 91 and reduced 171. The biggest buy was Fabrinet (FN, shares +62%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −42%).

Most Recent 13F
Q2 2026
Location
Chicago, IL
CIK
0000938206
Portfolio Value
$13.6B (Q1 2026)
SEC Filing
0000938206-26-000031 ↗ filed May 15, 2026

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 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 $13.6B Q1 2026 Q2 2026: $17.3B Q2 2026

Holdings 354 stocks · $13.6B

TSM Taiwan Semiconductor-SP ADR 3.14% 1,264,890 $427.5M Reduce -41.5%
PRAX Praxis Precision Medicines I 2.25% 949,225 $305.8M Add +1.7%
XENE Xenon Pharmaceuticals Inc. 1.92% 4,491,653 $261.2M Reduce -1.0%
CRNX Crinetics Pharmaceuticals Inc. 1.71% 6,395,922 $232.3M Add +0.1%
PL Planet Labs PBC 1.63% 7,918,693 $221.3M Reduce -7.0%
FN Fabrinet 1.50% 391,081 $204.0M Add +62.3%
APGE Apogee Therapeutics Inc. 1.19% 1,920,800 $161.7M Reduce -12.0%
LITE Lumentum Holdings Inc. 1.18% 228,995 $160.9M Reduce -32.9%
CW Curtiss-Wright Corp. 1.13% 225,759 $153.8M Reduce -1.7%
BAP Credicorp Ltd. 1.12% 450,730 $152.9M Reduce -4.5%
FTAI Ftai Aviation Ltd. 1.04% 579,521 $142.0M Reduce -17.3%
EWTX Edgewise Therapeutics Inc. 1.04% 4,477,942 $141.1M Add +6.8%
GH Guardant Health Inc. 1.03% 1,524,282 $140.8M Reduce -28.9%
SYRE Spyre Therapeutics Inc. 1.03% 2,790,785 $140.8M Reduce -3.2%
IDCC Interdigital Inc. 0.93% 417,727 $126.2M Add +11.3%
NXT Nextpower Inc. 0.92% 1,037,551 $125.1M Add +29.7%
CRS Carpenter Technology 0.91% 315,457 $124.3M Reduce -21.8%
COHR Coherent Corp. 0.90% 516,229 $123.0M Add +15.2%
BE Bloom Energy Corp. Class A 0.85% 849,801 $115.1M Add +64.9%
UEC Uranium Energy Corp. 0.83% 8,334,245 $112.5M Reduce -8.5%
DFTX Definium Therapeutics Inc. 0.82% 5,911,889 $111.7M Reduce -9.6%
IBN Icici Bank Ltd.-Spon ADR 0.81% 4,256,860 $110.3M Add +4.8%
CCJ Cameco Corp. 0.81% 1,012,600 $110.0M Reduce -33.5%
MOD Modine Manufacturing Co. 0.79% 494,734 $107.2M Add +3.0%
SEPN Septerna Inc. 0.78% 4,395,572 $105.6M Reduce -8.6%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.77% 7,288,282 $104.7M Reduce -5.4%
LASR Nlight Inc. 0.74% 1,772,697 $101.1M Add +142.0%
VIST Vista Energy Sab DE CV 0.69% 1,251,586 $94.5M Add +72.9%
SRRK Scholar Rock Holding Corp. 0.69% 1,920,233 $94.4M Reduce -1.7%
VSEC Vse Corp. 0.69% 509,146 $93.9M Reduce -2.1%
SEI Solaris Energy Infrastructur 0.68% 1,628,174 $92.0M Add +32.6%
SAIA Saia Inc. 0.67% 257,963 $90.6M Add +76.1%
EYE National Vision Holdings Inc. 0.66% 3,471,774 $89.9M Reduce -3.7%
IMNM Immunome Inc. 0.66% 4,099,901 $89.7M Add +10.6%
YUMC Yum China Holdings Inc. 0.66% 1,831,286 $89.3M New
FMX Fomento Economico Mex-SP ADR 0.66% 803,253 $89.2M Add +19.4%
ROAD Construction Partners Inc. Class A 0.65% 794,464 $88.3M Add +14.5%
WULF Terawulf Inc. 0.64% 6,063,000 $87.5M Add +3.4%
KYMR Kymera Therapeutics Inc. 0.64% 1,043,583 $86.9M Reduce -2.4%
BBIO Bridgebio Pharma Inc. 0.63% 1,146,671 $85.2M Reduce -31.8%
SITM Sitime Corp. 0.58% 227,965 $78.7M Reduce -44.8%
KRMN Karman Holdings Inc. 0.58% 977,353 $78.2M Reduce -27.9%
GPCR Structure Therapeutics Inc. 0.56% 1,577,356 $76.0M Reduce -4.0%
PTGX Protagonist Therapeutics Inc. 0.56% 720,928 $76.0M Reduce -34.4%
MTDR Matador Resources Co. 0.55% 1,189,054 $75.1M New
MTSI Macom Technology Solutions H 0.55% 336,813 $74.8M Reduce -30.1%
ARWR Arrowhead Pharmaceuticals Inc. 0.55% 1,190,335 $74.6M Reduce -32.7%
EOSE Eos Energy Enterprises Inc. 0.54% 14,869,170 $73.8M Add +4.2%
COCO The Vita Coco Co. Inc. 0.54% 1,523,647 $73.0M Add +50.2%
FTI Technipfmc PLC 0.53% 1,040,195 $71.9M Reduce -24.9%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.52% 866,592 $70.1M Add +15.9%
SNEX Stonex Group Inc. 0.51% 861,530 $69.5M Add +78.1%
ULS Ul Solutions Inc. Class A 0.51% 810,615 $69.5M Reduce -0.8%
PTCT PTC Therapeutics Inc. 0.51% 1,015,772 $69.2M Reduce -10.6%
STRL Sterling Infrastructure Inc. 0.50% 168,209 $68.5M Reduce -13.5%
CAVA Cava Group Inc. 0.50% 846,738 $68.5M New
CGON CG Oncology Inc. 0.50% 999,623 $67.7M New
MYRG MYR Group Inc./Delaware 0.49% 238,185 $67.2M Add +4.2%
UCTT Ultra Clean Holdings Inc. 0.49% 1,062,376 $66.1M Add +134.2%
ONTO Onto Innovation Inc. 0.48% 320,534 $65.7M Reduce -8.2%
TARS Tarsus Pharmaceuticals Inc. 0.48% 926,125 $65.0M Reduce -21.0%
AMPX Amprius Technologies Inc. 0.47% 3,794,178 $64.0M Add +58.5%
UTI Universal Technical Institut 0.47% 1,756,551 $63.4M Add +376.0%
TDW Tidewater Inc. 0.47% 758,536 $63.4M Add +412.4%
IMAX Imax Corp. 0.46% 1,651,711 $62.8M Add +61.3%
XMTR Xometry Inc. Class A 0.45% 1,512,855 $61.8M Reduce -23.8%
FIGS Figs Inc. Class A 0.45% 4,174,257 $61.7M Add +104.3%
IAG Iamgold Corp. 0.45% 3,250,240 $61.1M Reduce -0.7%
ECG Everus Construction Group 0.45% 515,769 $60.9M Reduce -13.2%
ALM Almonty Industries Inc. 0.44% 4,095,335 $59.3M Add +54.0%
FLS Flowserve Corp. 0.43% 802,581 $59.0M Reduce -17.9%
VALE Vale SA-SP ADR 0.43% 3,667,947 $58.4M Reduce -36.5%
MDGL Madrigal Pharmaceuticals Inc. 0.43% 110,960 $58.1M Reduce -0.6%
MEOH Methanex Corp. 0.43% 974,088 $58.0M New
INDV Indivior Pharmaceuticals Inc. 0.42% 1,880,039 $57.3M Reduce -6.0%
SIMO Silicon Motion Technol-ADR 0.42% 509,975 $57.3M Add +59.5%
TSEM Tower Semiconductor Ltd. 0.42% 326,103 $57.2M New
AEIS Advanced Energy Industries 0.42% 177,018 $57.1M New
RSI Rush Street Interactive Inc. 0.42% 2,616,159 $56.9M Reduce -32.7%
NTRA Natera Inc. 0.42% 284,338 $56.9M Reduce -54.6%
FIX Comfort Systems USA Inc. 0.42% 41,105 $56.7M Add +1.5%
SPXC SPX Technologies Inc. 0.41% 279,709 $55.9M Reduce -34.9%
TPB Turning Point Brands Inc. 0.41% 642,731 $55.8M Add +33.4%
SCCO Southern Copper Corp. 0.41% 323,715 $55.7M Reduce -33.5%
KNX Knight-Swift Transportation 0.41% 964,882 $55.6M New
PWR Quanta Services Inc. 0.41% 100,573 $55.2M Reduce -0.6%
TER Teradyne Inc. 0.40% 184,765 $54.8M Reduce -16.4%
AAOI Applied Optoelectronics Inc. 0.39% 632,337 $53.5M Add +24.6%
ORA Ormat Technologies Inc. 0.39% 471,767 $52.8M Reduce -0.4%
GKOS Glaukos Corp. 0.39% 487,912 $52.5M New
ARQT Arcutis Biotherapeutics Inc. 0.39% 2,226,029 $52.4M Reduce -13.1%
ESE Esco Technologies Inc. 0.38% 185,705 $52.3M Reduce -17.6%
ITUB Itau Unibanco H-Spon PRF ADR 0.38% 6,221,566 $52.1M Reduce -47.5%
TS Tenaris SA-ADR 0.38% 888,346 $51.7M New
LGN Legence Corp. Class A 0.38% 914,566 $51.6M Add +33.2%
CAMT Camtek Ltd. 0.37% 332,148 $50.4M Add +18.1%
GGAL Grupo Financiero Galicia-ADR 0.37% 1,067,209 $49.8M Reduce -13.7%
AXSM Axsome Therapeutics Inc. 0.36% 292,370 $49.4M Add +32.6%
NUVL Nuvalent Inc. Class A 0.36% 481,180 $49.3M Reduce -0.5%
SMTC Semtech Corp. 0.36% 628,456 $48.3M Reduce -32.5%
RIG Transocean Ltd. 0.35% 7,210,869 $47.8M New
UAMY United States Antimony Corp. 0.34% 5,345,710 $46.7M Add +313.3%
PAAS Pan American Silver Corp. 0.34% 853,185 $46.6M Reduce -28.2%
DY Dycom Industries Inc. 0.34% 137,343 $46.5M Reduce -0.6%
ONC Beone Medicines Ltd.-ADR 0.34% 155,002 $46.0M Add +567.7%
SITE Siteone Landscape Supply Inc. 0.34% 344,819 $45.9M Add +41.1%
DOCN Digitalocean Holdings Inc. 0.33% 524,184 $45.0M New
TNL Travel + Leisure Co. 0.33% 638,965 $44.2M Reduce -24.6%
TNDM Tandem Diabetes Care Inc. 0.32% 2,304,414 $44.2M Add +43.1%
NXE Nexgen Energy Ltd. 0.32% 3,773,019 $43.8M Reduce -8.1%
CR Crane Co. 0.32% 253,498 $43.3M Reduce -49.9%
CUBI Customers Bancorp Inc. 0.32% 623,514 $43.3M Reduce -18.6%
FCFS Firstcash Holdings Inc. 0.31% 223,526 $42.0M New
AMLX Amylyx Pharmaceuticals Inc. 0.31% 2,987,147 $41.5M Reduce -3.9%
BKU Bankunited Inc. 0.31% 919,035 $41.5M New
FPS Forgent Power Solutions Class A 0.30% 1,384,123 $40.5M New
AXON Axon Enterprise Inc. 0.30% 95,057 $40.4M Reduce -30.3%
ZWS Zurn Elkay Water Solutions C 0.30% 897,614 $40.2M New
MKTX Marketaxess Holdings Inc. 0.29% 239,256 $39.5M New
WVE Wave Life Sciences Ltd. 0.29% 5,431,021 $39.4M Reduce -17.5%
TPR Tapestry Inc. 0.28% 272,548 $38.5M Add +14.3%
MWH Solv Energy Inc. Class A 0.28% 1,270,506 $38.2M New
CECO Ceco Environmental Corp. 0.28% 639,892 $38.1M Add +10.3%
TVTX Travere Therapeutics Inc. 0.28% 1,282,518 $38.1M Add +42.3%
TEX Terex Corp. 0.28% 642,423 $38.0M New
RYTM Rhythm Pharmaceuticals Inc. 0.28% 436,546 $38.0M Reduce -66.0%
CHRD Chord Energy Corp. 0.28% 266,887 $37.9M New
MP MP Materials Corp. 0.28% 779,468 $37.6M Add +2.6%
INVX Innovex International Inc. 0.28% 1,536,309 $37.5M New
VSXY Victoria's Secret & Co. 0.27% 797,090 $37.0M Add +32.5%
RBC RBC Bearings Inc. 0.27% 67,789 $36.8M Reduce -6.5%
FSS Federal Signal Corp. 0.27% 339,442 $36.7M Reduce -0.6%
FIVE Five Below 0.26% 156,790 $35.8M Add +18.2%
LECO Lincoln Electric Holdings 0.26% 143,603 $35.8M Add +37.5%
BW Babcock & Wilcox Enterpr 0.26% 2,380,613 $35.0M Add +4.6%
CASY Casey's General Stores Inc. 0.26% 47,955 $34.9M Add +16.3%
LIVN Livanova PLC 0.25% 543,717 $34.6M Reduce -0.3%
PBF PBF Energy Inc. Class A 0.25% 711,972 $33.9M New
MTZ Mastec Inc. 0.25% 104,002 $33.5M Reduce -0.2%
DOO BRP Inc./Ca- Sub Voting 0.24% 445,762 $32.0M Reduce -22.5%
DRUG Bright Minds Biosciences Inc. 0.23% 432,515 $31.6M Add +60.4%
TDY Teledyne Technologies Inc. 0.23% 52,045 $31.5M Add +92.6%
OSIS Osi Systems Inc. 0.23% 117,963 $31.3M Reduce -50.0%
ATI Ati Inc. 0.23% 212,734 $30.9M Reduce -0.2%
EAT Brinker International Inc. 0.23% 215,492 $30.8M New
TTI Tetra Technologies Inc. 0.22% 3,591,026 $30.6M Reduce -3.4%
PPTA Perpetua Resources Corp. 0.22% 1,086,004 $30.5M Add +13.5%
VICR Vicor Corp. 0.22% 189,463 $30.5M New
MBX MBX Biosciences Inc. 0.22% 1,018,212 $30.4M Reduce -27.7%
APEI American Public Education 0.22% 532,295 $30.3M Add +16.0%
KNSA Kiniksa Pharmaceuticals Inte 0.22% 611,398 $29.4M Reduce -3.4%
ASND Ascendis Pharma A/S 0.21% 127,562 $29.2M New
HAPN Happen Inc. 0.21% 2,009,676 $28.8M Reduce -42.9%
AEM Agnico Eagle Mines Ltd. 0.21% 141,100 $28.6M Reduce -32.5%
TTMI TTM Technologies 0.21% 290,041 $28.3M New
BWXT BWX Technologies Inc. 0.21% 137,075 $28.0M Add +5.1%
ALKS Alkermes PLC 0.21% 791,963 $28.0M Reduce -0.6%
TWST Twist Bioscience Corp. 0.20% 584,696 $27.8M New
PTEN Patterson-Uti Energy Inc. 0.20% 2,559,637 $27.7M New
CELC Celcuity Inc. 0.20% 241,549 $27.6M Reduce -3.4%
LINC Lincoln Educational Services 0.20% 676,923 $27.5M Add +52.8%
POWL Powell Industries Inc. 0.20% 50,358 $27.2M Add +87.1%
GHM Graham Corp. 0.20% 342,908 $27.1M Reduce -3.4%
DNTH Dianthus Therapeutics Inc. 0.20% 317,312 $26.6M New
PSMT Pricesmart Inc. 0.19% 174,846 $26.3M Reduce -0.8%
CDNL Cardinal Infrastructure GR-A 0.19% 660,514 $26.2M Add +30.0%
RKLB Rocket Lab Corp. 0.19% 403,276 $25.9M Add +2.5%
ALSN Allison Transmission Holding 0.19% 219,126 $25.7M Add +53.1%
WWD Woodward Inc. 0.19% 71,235 $25.5M Add +0.6%
GFF Griffon Corp. 0.19% 349,580 $25.4M New
LBRT Liberty Energy Inc. 0.18% 870,134 $25.1M Add +23.0%
JBTM JBT Marel Corp. 0.18% 195,795 $25.0M Reduce -31.9%
INDA iShares MSCI India ETF 0.18% 531,239 $24.9M Add +1.8%
PATK Patrick Industries Inc. 0.18% 220,415 $24.5M New
FSLY Fastly Inc. Class A 0.18% 838,328 $24.4M Reduce -39.5%
ADPT Adaptive Biotechnologies 0.18% 1,750,601 $24.3M Reduce -36.6%
CACI Caci International Inc. Class A 0.18% 44,066 $24.0M Reduce -0.4%
WT Wisdomtree Inc. 0.18% 1,644,242 $23.9M Add +87.8%
LGND Ligand Pharmaceuticals 0.17% 118,169 $23.6M Reduce -3.4%
TKO Tko Group Holdings Inc. 0.17% 116,328 $23.5M Reduce -26.8%
CAE Cae Inc. 0.17% 899,900 $23.4M Reduce -25.5%
KTOS Kratos Defense & Security 0.17% 329,953 $23.3M Reduce -10.8%
SN Sharkninja Inc. 0.17% 214,631 $22.7M New
IBP Installed Building Products 0.17% 85,297 $22.6M Reduce -58.9%
GTX Garrett Motion Inc. 0.16% 1,225,056 $22.3M New
GWRE Guidewire Software Inc. 0.16% 148,686 $22.2M Add +243.5%
GRDN Guardian Phrmcy Services-A 0.16% 589,121 $22.2M Add +16.3%
ALNT Allient Inc. 0.16% 373,958 $22.1M Reduce -3.4%
AXTI Axt Inc. 0.16% 384,561 $21.9M New
ATRO Astronics Corp. 0.16% 326,471 $21.8M Reduce -51.0%
FEIM Frequency Electronics Inc. 0.16% 491,901 $21.8M Add +57.1%
LPTH Lightpath Technologies Inc. Class A 0.16% 2,164,708 $21.7M Add +17.5%
VIK Viking Holdings Ltd. 0.16% 293,242 $21.5M Reduce -0.2%
LMAT Lemaitre Vascular Inc. 0.16% 197,225 $21.5M New
MRCY Mercury Systems Inc. 0.16% 294,628 $21.5M Reduce -3.3%
REAL The Realreal Inc. filed as THE REALREAL INC 0.16% 2,340,520 $21.3M Reduce -50.8%
PRLB Proto Labs Inc. 0.15% 369,136 $21.0M Reduce -3.4%
UUUU Energy Fuels Inc. 0.15% 1,140,958 $20.8M Reduce -13.3%
ARCB Arcbest Corp. 0.15% 210,343 $20.7M New
LIND Lindblad Expeditions Holding 0.15% 1,185,899 $20.5M Add +108.8%
ASTS Ast Spacemobile Inc. 0.15% 245,954 $20.4M Reduce -0.2%
DK Delek US Holdings Inc. 0.15% 449,396 $20.3M New
DXPE DXP Enterprises Inc. 0.15% 144,621 $20.2M Add +14.5%
NVMI Nova Ltd. 0.15% 45,513 $19.8M New
ALNY Alnylam Pharmaceuticals Inc. 0.14% 59,622 $19.7M Reduce -14.6%
USFD US Foods Holding Corp. 0.14% 210,608 $19.4M New
TCMD Tactile Systems Technology I 0.14% 741,914 $19.4M Add +31.2%
VISN Vistance Networks Inc. 0.14% 1,050,360 $19.1M Reduce -3.4%
NPCE Neuropace Inc. 0.14% 1,451,611 $19.1M Reduce -4.0%
XPO Xpo Inc. 0.14% 97,914 $19.0M New
MAZE Maze Therapeutics Inc. 0.14% 636,162 $19.0M Add +68.3%
DSGN Design Therapeutics Inc. 0.14% 1,744,987 $18.6M Add +47.9%
Q Qnity Electronics Inc. 0.14% 160,495 $18.5M New
SXI Standex International Corp. 0.13% 71,823 $18.3M Reduce -17.0%
ULTA Ulta Beauty Inc. 0.13% 34,583 $18.1M Add +45.9%
IE Ivanhoe Electric Inc. / US 0.13% 1,524,828 $18.0M Reduce -27.5%
COMP Compass Inc. Class A 0.13% 2,429,213 $17.8M Reduce -37.1%
ALB Albemarle Corp. 0.13% 97,671 $17.5M New
LTH Life Time Group Holdings Inc. 0.13% 648,106 $17.5M Add +32.7%
ECVT Ecovyst Inc. 0.13% 1,356,131 $17.4M New
INSM Insmed Inc. 0.13% 105,414 $17.2M Reduce -0.2%
ALH Alliance Laundry Holdings Inc. 0.13% 820,911 $17.0M Reduce -62.8%
MAMA Mama's Creations Inc. 0.12% 1,100,838 $16.9M Add +55.4%
WLDN Willdan Group Inc. 0.12% 219,904 $16.8M Add +4.4%
OPLN Openlane Inc. 0.12% 568,199 $16.6M Reduce -3.4%
COHU Cohu Inc. 0.12% 538,531 $16.5M New
FTK Flotek Industries Inc. 0.12% 968,657 $16.4M Add +16.6%
LSCC Lattice Semiconductor Corp. 0.12% 176,762 $16.4M New
AIT Applied Industrial Tech Inc. 0.12% 61,435 $16.3M New
REPX Riley Exploration Permian Inc. 0.12% 443,719 $16.2M New
CHRW C.H. Robinson Worldwide Inc. 0.12% 94,235 $15.6M Reduce -8.3%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.11% 1,328,078 $15.5M New
MIAX Miami International Holdings 0.11% 396,698 $15.4M Reduce -25.5%
ANDG Andersen Group Inc. Class A 0.11% 560,207 $15.2M Reduce -18.6%
RMBS Rambus Inc. 0.11% 173,953 $15.0M Reduce -81.8%
CDE Coeur Mining Inc. 0.11% 796,471 $14.9M Reduce -42.9%
IFS Intercorp Financial Services 0.11% 297,428 $14.9M Reduce -4.7%
LCII Lci Industries 0.11% 121,346 $14.9M Add +1.9%
RLMD Relmada Therapeutics Inc. 0.11% 2,132,053 $14.8M Add +13.4%
BURL Burlington Stores Inc. 0.11% 44,919 $14.6M New
WMS Advanced Drainage Systems Inc. 0.11% 105,562 $14.5M Reduce -20.4%
EXEL Exelixis Inc. 0.11% 336,706 $14.4M Reduce -0.2%
GMED Globus Medical Inc. Class A 0.11% 167,468 $14.4M Reduce -0.2%
VG Venture Global Inc. Class A 0.10% 899,196 $14.2M New
ALGN Align Technology Inc. 0.10% 82,166 $14.1M New
CF CF Industries Holdings Inc. 0.10% 108,481 $14.1M New
ABCL Abcellera Biologics Inc. 0.10% 4,024,779 $14.0M Add +6.7%
ICHR Ichor Holdings Ltd. 0.10% 298,267 $13.9M New
HAS Hasbro Inc. 0.10% 147,612 $13.8M New
RKT Rocket Cos Inc. Class A 0.10% 968,262 $13.8M New
GFI Gold Fields Ltd.-Spons ADR 0.10% 295,739 $13.4M New
IPI Intrepid Potash Inc. 0.10% 313,888 $13.4M New
LRMR Larimar Therapeutics Inc. 0.10% 2,934,399 $13.2M Add +448.0%
DLTR Dollar Tree Inc. 0.10% 119,018 $13.0M Reduce -10.7%
HLIO Helios Technologies Inc. 0.09% 197,968 $12.8M Reduce -33.0%
NEO Neogenomics Inc. 0.09% 1,721,750 $12.8M Reduce -30.3%
INCY Incyte Corp. 0.09% 128,144 $12.1M Reduce -0.2%
SII Sprott Inc. 0.09% 83,100 $11.8M New
ALXO Alx Oncology Holdings Inc. 0.08% 5,734,620 $11.5M Add +303.0%
KALV Kalvista Pharmaceuticals Inc. 0.08% 564,039 $11.4M New
EZPW Ezcorp Inc. Class A 0.08% 443,909 $11.3M New
CPS Cooper-Standard Holding 0.08% 402,013 $11.2M Reduce -8.1%
IVVD Invivyd Inc. 0.08% 8,436,894 $11.0M Reduce -35.4%
ANRO Alto Neuroscience Inc. 0.08% 486,726 $10.9M Add +44.5%
DAVE Dave Inc. 0.08% 62,334 $10.9M Reduce -75.8%
USAR USA Rare Earth Inc. 0.08% 695,737 $10.5M New
SGI Somnigroup International Inc. 0.07% 134,705 $10.0M Reduce -70.8%
TATT Tat Technologies Ltd. 0.07% 242,990 $9.9M Reduce -24.9%
HUT Hut 8 Corp. 0.07% 210,212 $9.9M Reduce -3.4%
GMTL Guardian Metal Resources 0.07% 555,251 $9.7M New
AMBQ Ambiq Micro Inc. 0.07% 380,768 $9.7M New
ANIP Ani Pharmaceuticals Inc. 0.07% 121,459 $9.3M Add +59.4%
JBIO Jade Biosciences Inc. 0.07% 635,498 $8.9M Reduce -28.4%
KMTS Kestra Medical Technologies 0.07% 447,315 $8.9M Reduce -3.4%
LEU Centrus Energy Corp. Class A 0.06% 47,960 $8.3M Reduce -80.4%
ELAN Elanco Animal Health Inc. 0.06% 344,171 $8.2M New
XZO Exzeo Group Inc. 0.06% 529,752 $7.8M Reduce -3.4%
RCAT Red Cat Holdings Inc. 0.06% 590,663 $7.7M New
AXGN Axogen Inc. 0.06% 228,437 $7.6M New
IA Innovative Solutions & Supp 0.05% 348,103 $7.1M New
QXO Qxo Inc. 0.05% 366,041 $7.1M Reduce -57.0%
AS Amer Sports Inc. 0.05% 206,500 $6.8M Add +0.6%
ESOA Energy Services of America 0.05% 491,854 $6.5M New
TBBB BBB Foods Inc. Class A 0.04% 170,200 $6.0M Reduce -5.4%
AREC American Resources Corp. 0.04% 2,395,461 $5.8M New
ARLO Arlo Technologies Inc. 0.04% 407,237 $5.8M Reduce -79.1%
DTIL Precision Biosciences Inc. 0.04% 995,371 $5.5M Add +26.4%
PRCH Porch Group Inc. 0.04% 760,624 $5.5M Reduce -69.2%
XERS Xeris Biopharma Holdings Inc. 0.04% 902,740 $5.2M Reduce -69.7%
KRRO Korro Bio Inc. 0.04% 450,045 $5.1M New
LYTS Lsi Industries Inc. 0.03% 245,924 $4.6M New
CLYM Climb Bio Inc. 0.03% 600,946 $4.1M No change
TMDX Transmedics Group Inc. 0.03% 40,114 $4.0M Reduce -94.4%
GOOGL Alphabet Inc. Class A 0.02% 11,723 $3.4M Reduce -16.4%
SION Sionna Therapeutics Inc. 0.02% 76,633 $3.1M Reduce -8.6%
PGEN Precigen Inc. 0.02% 793,773 $3.1M Reduce -78.0%
NVDA Nvidia Corp. 0.02% 16,881 $2.9M Reduce -12.5%
PTN Palatin Technologies Inc. 0.02% 166,713 $2.9M No change
AKTS Aktis Oncology Inc. 0.02% 150,000 $2.7M New
CPA Copa Holdings SA Class A 0.02% 19,993 $2.3M Reduce -97.0%
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 0.02% 51,576 $2.1M No change
ATAT Atour Lifestyle Holdings-ADR 0.01% 52,023 $1.9M Reduce -73.1%
PAM Pampa Energia SA-Spon ADR 0.01% 21,253 $1.9M No change
MNPR Monopar Therapeutics Inc. 0.01% 33,156 $1.8M Reduce -1.7%
CERS Cerus Corp. 0.01% 961,606 $1.8M New
DQ Daqo New Energy Corp.-ADR 0.01% 80,606 $1.7M Reduce -89.7%
HSAI Hesai Group 0.01% 86,108 $1.6M New
AMZN Amazon.com Inc. 0.01% 7,322 $1.5M Reduce -4.5%
XOM Exxon Mobil Corp. 0.01% 8,601 $1.5M Reduce -2.7%
VNET Vnet Group Inc.-ADR 0.01% 168,449 $1.4M New
BND Vanguard Total Bond Market 0.01% 18,301 $1.3M Add +35.8%
AAPL Apple Inc. 0.01% 4,957 $1.3M Reduce -50.9%
MSFT Microsoft Corp. 0.01% 3,153 $1.2M Reduce -21.8%
VLO Valero Energy Corp. 0.01% 4,621 $1.1M Reduce -10.4%
TTWO Take-Two Interactive Softwre 0.01% 5,734 $1.1M Reduce -93.8%
KO The Coca-Cola Co. 0.01% 14,687 $1.1M Reduce -4.9%
LLY Eli Lilly & Co. 0.01% 1,168 $1.1M Add +41.9%
EQT Eqt Corp. 0.01% 15,752 $1.0M Reduce -19.3%
GLD SPDR Gold Shares 0.01% 2,149 $925K Reduce -29.5%
CL Colgate-Palmolive Co. 0.01% 10,565 $900K New
JPM JPMorgan Chase & Co. 0.01% 3,034 $892K Reduce -50.4%
MRVL Marvell Technology Inc. 0.01% 8,961 $888K New
LIN Linde PLC 0.01% 1,721 $853K Reduce -19.9%
AZN Astrazeneca PLC 0.01% 3,967 $782K Reduce -18.8%
WELL Welltower Inc. 0.01% 3,734 $738K Add +48.1%
SPOT Spotify Technology SA 0.01% 1,474 $715K Add +79.8%
ORCL Oracle Corp. 0.01% 4,676 $688K New
NGNE Neurogene Inc. 0.00% 32,765 $661K No change
HSY The Hershey Co. 0.00% 3,088 $642K New
WMT Walmart Inc. 0.00% 5,114 $636K Reduce -51.7%
KEYS Keysight Technologies Inc. 0.00% 2,151 $607K Reduce -18.3%
EQIX Equinix Inc. 0.00% 614 $602K New
GILD Gilead Sciences Inc. 0.00% 4,085 $569K Reduce -18.8%
LRCX Lam Research Corp. 0.00% 2,663 $569K Reduce -18.7%
CGNX Cognex Corp. 0.00% 11,498 $563K Reduce -18.4%
STX Seagate Technology Holdings 0.00% 1,417 $555K New
UNP Union Pacific Corp. 0.00% 2,246 $545K Reduce -18.4%
NET Cloudflare Inc. Class A 0.00% 2,548 $526K Reduce -14.3%
MRK Merck & Co. Inc. 0.00% 4,287 $516K Reduce -18.4%
DHR Danaher Corp. 0.00% 2,663 $505K Reduce -18.4%
TFC Truist Financial Corp. 0.00% 10,943 $503K Reduce -18.4%
GIL Gildan Activewear Inc. 0.00% 9,010 $501K Reduce -98.3%
PEPG Pepgen Inc. 0.00% 279,909 $495K Reduce -11.1%
PLD Prologis Inc. 0.00% 3,510 $464K Reduce -40.4%
MOS The Mosaic Co. 0.00% 18,042 $460K New
CMI Cummins Inc. 0.00% 827 $445K New
ABBV Abbvie Inc. 0.00% 2,039 $443K New
RRC Range Resources Corp. 0.00% 9,533 $431K New
VLUE iShares MSCI USA Value Facto 0.00% 2,962 $421K Reduce -54.0%
AVGO Broadcom Inc. 0.00% 1,154 $357K Reduce -64.9%
CTVA Corteva Inc. 0.00% 4,254 $356K New
MSCI MSCI Inc. 0.00% 608 $328K New
CRH CRH PLC 0.00% 2,828 $297K Reduce -18.4%
INTC Intel Corp. 0.00% 6,342 $280K Reduce -53.7%
Other holdings (1): bonds, preferreds, convertibles and warrants · $35K (not counted above)
SecurityClassShares / PrincipalValueChange
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 20,000$35KReduce -85.2%

Total filed on the 13F, all lines: $13.6B.

Portfolio Sells Q4 2025 → Q1 2026

TSM Taiwan Semiconductor-SP ADR Reduce -41.5% 3.14% −1.32
HDB HDFC Bank Ltd.-ADR Sold out 0.00% −0.92
PI Impinj Inc. Sold out 0.00% −0.87
WFRD Weatherford International PL Sold out 0.00% −0.74
EMBJ Embraer SA-Spon ADR Sold out 0.00% −0.70
RYTM Rhythm Pharmaceuticals Inc. Reduce -66.0% 0.28% −0.66
CVNA Carvana Co. Sold out 0.00% −0.65
TMDX Transmedics Group Inc. Reduce -94.4% 0.03% −0.56
NTRA Natera Inc. Reduce -54.6% 0.42% −0.56
CPA Copa Holdings SA Class A Reduce -97.0% 0.02% −0.53
AVAV Aerovironment Inc. Sold out 0.00% −0.53
TCOM Trip.com Group Ltd.-ADR Sold out 0.00% −0.52
RMBS Rambus Inc. Reduce -81.8% 0.11% −0.49
PAY Paymentus Holdings Inc. Class A Sold out 0.00% −0.48
WVE Wave Life Sciences Ltd. Reduce -17.5% 0.29% −0.47
GH Guardant Health Inc. Reduce -28.9% 1.03% −0.45
HCI Hci Group Inc. Sold out 0.00% −0.45
BOOT Boot Barn Holdings Inc. Sold out 0.00% −0.43
SITM Sitime Corp. Reduce -44.8% 0.58% −0.41
ATEC Alphatec Holdings Inc. Sold out 0.00% −0.41
CRDO Credo Technology Group Holdi Sold out 0.00% −0.38
GRAB Grab Holdings Ltd. Class A Sold out 0.00% −0.37
MIR Mirion Technologies Inc. Sold out 0.00% −0.37
REAL The Realreal Inc. Reduce -50.8% 0.16% −0.35
PIPR Piper Sandler Cos Sold out 0.00% −0.35
WGS Genedx Holdings Corp. Sold out 0.00% −0.35
XMTR Xometry Inc. Class A Reduce -23.8% 0.45% −0.35
LEU Centrus Energy Corp. Class A Reduce -80.4% 0.06% −0.34
BROS Dutch Bros Inc. Class A Sold out 0.00% −0.33
IRTC Irhythm Holdings Inc. Sold out 0.00% −0.32
SE Sea Ltd.-ADR Sold out 0.00% −0.32
CLS Celestica Inc. Sold out 0.00% −0.32
CR Crane Co. Reduce -49.9% 0.32% −0.31
DAVE Dave Inc. Reduce -75.8% 0.08% −0.31
THO Thor Industries Inc. Sold out 0.00% −0.30
GLOB Globant SA Sold out 0.00% −0.30
HOOD Robinhood Markets Inc. Class A Sold out 0.00% −0.27
CCB Coastal Financial Corp. Sold out 0.00% −0.27
HBM Hudbay Minerals Inc. Sold out 0.00% −0.27
ARWR Arrowhead Pharmaceuticals Inc. Reduce -32.7% 0.55% −0.25
BBIO Bridgebio Pharma Inc. Reduce -31.8% 0.63% −0.25
SHOO Steven Madden Ltd. Sold out 0.00% −0.24
HAPN Happen Inc. Reduce -42.9% 0.21% −0.24
AXON Axon Enterprise Inc. Reduce -30.3% 0.30% −0.23
ASND Ascendis Pharma A/S Sold out 0.00% −0.23
GIL Gildan Activewear Inc. Reduce -98.3% 0.00% −0.23
GPOR Gulfport Energy Corp. Sold out 0.00% −0.22
INSP Inspire Medical Systems Inc. Sold out 0.00% −0.22
GPCR Structure Therapeutics Inc. Reduce -4.0% 0.56% −0.22
SGI Somnigroup International Inc. Reduce -70.8% 0.07% −0.21

Portfolio Buys Q4 2025 → Q1 2026

FN Fabrinet Add +62.3% 1.50% +0.75
YUMC Yum China Holdings Inc. New 0.66% +0.66
LASR Nlight Inc. Add +142.0% 0.74% +0.56
MTDR Matador Resources Co. New 0.55% +0.55
BE Bloom Energy Corp. Class A Add +64.9% 0.85% +0.54
CAVA Cava Group Inc. New 0.50% +0.50
CGON CG Oncology Inc. New 0.50% +0.50
VIST Vista Energy Sab DE CV Add +72.9% 0.69% +0.46
NXT Nextpower Inc. Add +29.7% 0.92% +0.45
MEOH Methanex Corp. New 0.43% +0.43
TSEM Tower Semiconductor Ltd. New 0.42% +0.42
AEIS Advanced Energy Industries New 0.42% +0.42
TDW Tidewater Inc. Add +412.4% 0.47% +0.42
KNX Knight-Swift Transportation New 0.41% +0.41
UCTT Ultra Clean Holdings Inc. Add +134.2% 0.49% +0.41
UTI Universal Technical Institut Add +376.0% 0.47% +0.40
GKOS Glaukos Corp. New 0.39% +0.39
TS Tenaris SA-ADR New 0.38% +0.38
PRAX Praxis Precision Medicines I Add +1.7% 2.25% +0.38
MOD Modine Manufacturing Co. Add +3.0% 0.79% +0.35
RIG Transocean Ltd. New 0.35% +0.35
COHR Coherent Corp. Add +15.2% 0.90% +0.34
AMPX Amprius Technologies Inc. Add +58.5% 0.47% +0.34
SAIA Saia Inc. Add +76.1% 0.67% +0.34
DOCN Digitalocean Holdings Inc. New 0.33% +0.33
EWTX Edgewise Therapeutics Inc. Add +6.8% 1.04% +0.33
FCFS Firstcash Holdings Inc. New 0.31% +0.31
BKU Bankunited Inc. New 0.31% +0.31
UAMY United States Antimony Corp. Add +313.3% 0.34% +0.30
FPS Forgent Power Solutions Class A New 0.30% +0.30
ZWS Zurn Elkay Water Solutions C New 0.30% +0.30
FIGS Figs Inc. Class A Add +104.3% 0.45% +0.30
SEI Solaris Energy Infrastructur Add +32.6% 0.68% +0.29
ONC Beone Medicines Ltd.-ADR Add +567.7% 0.34% +0.29
MKTX Marketaxess Holdings Inc. New 0.29% +0.29
MWH Solv Energy Inc. Class A New 0.28% +0.28
TEX Terex Corp. New 0.28% +0.28
CHRD Chord Energy Corp. New 0.28% +0.28
ALM Almonty Industries Inc. Add +54.0% 0.44% +0.28
INVX Innovex International Inc. New 0.28% +0.28
AAOI Applied Optoelectronics Inc. Add +24.6% 0.39% +0.27
PBF PBF Energy Inc. Class A New 0.25% +0.25
EAT Brinker International Inc. New 0.23% +0.23
VICR Vicor Corp. New 0.22% +0.22
SIMO Silicon Motion Technol-ADR Add +59.5% 0.42% +0.22
ASND Ascendis Pharma A/S New 0.21% +0.21
TTMI TTM Technologies New 0.21% +0.21
IMAX Imax Corp. Add +61.3% 0.46% +0.20
TWST Twist Bioscience Corp. New 0.20% +0.20
PTEN Patterson-Uti Energy Inc. New 0.20% +0.20

Notes & Other Activity Q4 2025 → Q1 2026

HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 Sold out 249,999 $387Kbefore exit
BEAGR Bold Eagle Acquisition Corp. RIGHT 10/11/2029 Sold out 1,200,000 $384Kbefore exit
ATIIW Archimedes Tech-30 *W EXP 10/15/202 Sold out 400,000 $220Kbefore exit
KFIIR K&F Growth Acquisition Corp. RIGHT 08/29/2031 Sold out 1,200,000 $192Kbefore exit
PGYWW Pagaya Technologies Ltd. -27 *W EXP 99/99/999 Sold out 480,716 $154Kbefore exit
OACCW Oaktree Acquisition III -31 *W EXP 09/01/203 Sold out 180,000 $128Kbefore exit
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 Sold out 620,220 $124Kbefore exit
NHICW Newhold Investment Corp. - 30 *W EXP 01/30/203 Sold out 249,999 $90Kbefore exit
TACOW Berto Acquisition Corp. - 30 *W EXP 05/01/203 Sold out 226,724 $84Kbefore exit
GSHRW Gesher Acquisition Corp. I-30 *W EXP 10/31/203 Sold out 199,999 $70Kbefore exit
HVMCW Highview Merger Corp. - 30 *W EXP 07/24/203 Sold out 250,000 $68Kbefore exit
DNMXW Dynamix Corp. III *W EXP 10/10/203 Sold out 150,000 $48Kbefore exit
APXTW Apex Treasury Corp. -30 *W EXP 10/07/203 Sold out 125,000 $35Kbefore exit
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 Reduce -85.2% 20,000 $35K
LATAW Galata Acquisition Corp. - 30 *W EXP 09/12/203 Sold out 66,666 $23Kbefore exit
BDCIW BTC Development Corp. - 30 *W EXP 09/11/203 Sold out 24,999 $11Kbefore exit
DYORW Insight Digital Partners II *W EXP 10/28/203 Sold out 25,000 $8Kbefore exit
HCMAW HCM III Acquisition Corp. -30 *W EXP 07/23/203 Sold out 16,666 $8Kbefore exit
ISPOW Inspirato -CW30 *W EXP 02/11/202 Sold out 167,540 $1Kbefore 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