DRW Securities, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), DRW Securities, LLC reported 461 stock positions worth $1.8 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 25.0% of the portfolio, followed by iShares MSCI Emerging Market (EEM, 6.9%) and iShares MSCI Eafe ETF (EFA, 4.2%). Compared with Q2 2024, it opened 232 new positions, sold out of 174, added to 96 and reduced 119. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +45%) and the biggest sale an exit from Grayscale Ethereum Staking E (ETHE).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001481986
Portfolio Value
$1.8B (Q3 2024)
SEC Filing
0001481986-24-000005 ↗ filed Nov 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.8B $1.8B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 461 stocks · $1.8B
SPY SS SPDR S&P 500 ETF Trust-US 24.98% 790,303 $453.4M Add +45.2%
EEM iShares MSCI Emerging Market 6.90% 2,732,449 $125.3M Add +603.8%
EFA iShares MSCI Eafe ETF 4.22% 915,832 $76.6M Add +471.5%
TLT iShares 20+ Year Treasury BD 3.47% 642,809 $63.1M New
ACWI iShares MSCI Acwi ETF 2.33% 353,777 $42.3M Add +842.9%
AAPL Apple Inc. 2.09% 162,991 $38.0M Reduce -13.0%
IEMG iShares Core MSCI Emerging 2.02% 637,286 $36.6M Add +1187.6%
IWM iShares Russell 2000 ETF 1.52% 124,574 $27.5M Add +7676.1%
NVDA Nvidia Corp. 1.33% 199,523 $24.2M Reduce -42.7%
AMZN Amazon.com Inc. 1.33% 129,242 $24.1M Reduce -32.1%
MSFT Microsoft Corp. 1.32% 55,656 $23.9M Reduce -51.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.19% 266,696 $21.5M Add +3723.1%
XLK SS Technology Select Sector 1.17% 93,906 $21.2M Add +318.5%
VWSYF Vestas Wind Systems A/S 1.14% 139,807 $20.7M Add +420.5%
XLI SS Industrial Select Sector 1.10% 147,261 $19.9M New
SLV iShares Silver Trust 1.08% 689,813 $19.6M New
AVGO Broadcom Inc. 1.03% 108,104 $18.6M Add +13.4%
IXUS iShares Core Intl Stock ETF 0.83% 208,633 $15.2M New
META Meta Platforms Inc. Class A 0.83% 26,179 $15.0M Reduce -52.6%
GOOGL Alphabet Inc. Class A 0.79% 85,988 $14.3M Reduce -35.6%
DUK Duke Energy Corp. 0.67% 104,870 $12.1M Add +2604.9%
PCG P G & E Corp. 0.64% 585,291 $11.6M Add +4777.0%
NFLX Netflix Inc. 0.58% 14,914 $10.6M Reduce -32.1%
BP BP PLC-Spons ADR 0.57% 331,136 $10.4M Add +7.2%
NVO Novo-Nordisk A/S-Spons ADR 0.57% 86,444 $10.3M Add +852.3%
SRE Sempra 0.55% 119,996 $10.0M Add +2898.4%
QQQ Invesco QQQ Trust Series 1 0.55% 20,341 $9.9M Reduce -92.8%
EWY iShares MSCI South Korea ETF 0.53% 150,258 $9.6M Add +0.7%
EXC Exelon Corp. 0.51% 229,796 $9.3M New
VT Vanguard Tot World STK ETF 0.48% 73,253 $8.8M New
EVRG Evergy Inc. 0.48% 140,508 $8.7M New
KRE SS SPDR S&P Regional Bank 0.47% 151,326 $8.6M Add +35.1%
AEE Ameren Corporation 0.47% 97,627 $8.5M New
CMS CMS Energy Corp. 0.46% 118,681 $8.4M New
NEE Nextera Energy Inc. 0.46% 98,806 $8.4M Add +575.4%
FXI iShares China Large-Cap ETF 0.46% 262,679 $8.3M Add +33.9%
PEG Public Service Enterprise GP 0.45% 92,413 $8.2M New
NI Nisource Inc. 0.45% 235,714 $8.2M New
JPM JPMorgan Chase & Co. 0.43% 37,451 $7.9M Add +6.5%
CRWD CrowdStrike Holdings Inc. Class A 0.43% 28,047 $7.9M Add +1288.5%
NOW ServiceNow Inc. 0.43% 8,722 $7.8M Add +248.7%
GOOG Alphabet Inc. Class C 0.42% 45,210 $7.6M Reduce -26.6%
TXNM TXNM Energy Inc. 0.41% 170,260 $7.5M New
EMXC iShares MSCI Emr MRK Ex Chna 0.38% 114,347 $7.0M Add +193.1%
XLF SS Financial Select Sector 0.38% 150,844 $6.8M Add +71.9%
CB Chubb Ltd. 0.36% 22,928 $6.6M Add +743.6%
IBB iShares Biotechnology ETF 0.33% 41,139 $6.0M New
AIG American International Group 0.32% 79,039 $5.8M Reduce -15.1%
SCHF Schwab Intl Equity ETF 0.30% 132,335 $5.4M Add +93.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.30% 136,562 $5.4M Reduce -31.1%
XLY SS Consumer Disc Select Sect 0.30% 26,980 $5.4M Add +2148.3%
IBIT iShares Bitcoin Trust ETF 0.30% 148,883 $5.4M Reduce -70.7%
SCZ iShares MSCI Eafe Small-Cap 0.30% 79,316 $5.4M New
TCEHY Tencent Holdings Ltd.-Uns ADR 0.29% 96,626 $5.4M New
TFC Truist Financial Corp. 0.29% 122,312 $5.2M Add +7.8%
D Dominion Energy Inc. 0.28% 87,820 $5.1M New
CEG Constellation Energy 0.28% 19,339 $5.0M Add +1558.6%
VST Vistra Corp. 0.27% 41,002 $4.9M New
EWC iShares MSCI Canada ETF 0.27% 116,535 $4.8M Reduce -68.1%
USB US Bancorp 0.26% 102,843 $4.7M Add +987.4%
LPLA LPL Financial Holdings Inc. 0.26% 20,080 $4.7M Add +3.5%
VEU Vanguard Ftse All-World Ex-U 0.25% 72,024 $4.5M New
C Citigroup Inc. 0.25% 72,014 $4.5M Reduce -28.9%
SO The Southern Co. 0.25% 49,927 $4.5M Add +667.8%
EWW iShares MSCI Mexico ETF 0.25% 83,456 $4.5M New
MET Metlife Inc. 0.24% 53,836 $4.4M Add +378.0%
XBI SS SPDR S&P Biotech ETF 0.23% 42,719 $4.2M Add +186.1%
TTE Totalenergies SE -Spon ADR 0.23% 64,209 $4.1M Add +73.2%
WTRG Essential Utilities Inc. 0.22% 101,300 $3.9M New
CNQ Canadian Natural Resources 0.21% 102,144 $3.8M New
LMT Lockheed Martin Corp. 0.20% 6,229 $3.6M New
BABA Alibaba Group Holding-SP ADR 0.19% 32,612 $3.5M Add +35.2%
PG The Procter & Gamble Co. 0.18% 19,335 $3.3M Add +46.0%
EOG EOG Resources Inc. 0.18% 26,838 $3.3M Add +98.6%
INVH Invitation Homes Inc. 0.17% 90,072 $3.2M New
KIE SS SPDR S&P Insurance ETF 0.17% 54,000 $3.1M New
PRU Prudential Financial Inc. 0.17% 25,169 $3.0M New
IBKR Interactive Brokers Gro Class A 0.16% 21,361 $3.0M New
XOP SS SPDR S&P Og Exp & Prod 0.16% 22,476 $3.0M Add +80.5%
AMD Advanced Micro Devices 0.16% 17,874 $2.9M Add +15.7%
AZN Astrazeneca PLC-Spons ADR 0.16% 37,468 $2.9M Add +49.8%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.16% 10,346 $2.9M Add +308.1%
XOM Exxon Mobil Corp. 0.15% 23,795 $2.8M Reduce -34.7%
MPC Marathon Petroleum Corp. 0.15% 16,915 $2.8M Add +504.1%
MDY State Street SPDR S&P Midcap 0.15% 4,822 $2.7M Add +176.2%
MU Micron Technology Inc. 0.15% 26,304 $2.7M Add +13.0%
TLN Talen Energy Corp. 0.15% 15,000 $2.7M New
GE General Electric filed as GE AEROSPACE 0.14% 14,054 $2.6M Add +480.0%
ACGL Arch Capital Group Ltd. 0.14% 23,110 $2.6M Add +711.5%
DINO HF Sinclair Corp. 0.14% 57,161 $2.5M Add +27.0%
PBR Petroleo Brasileiro-Spon ADR 0.14% 176,370 $2.5M New
CRM Salesforce Inc. 0.14% 9,262 $2.5M Reduce -22.5%
AEP American Electric Power 0.14% 24,690 $2.5M New
IXC iShares Global Energy ETF 0.14% 62,275 $2.5M Reduce -31.2%
TMUS T-Mobile US Inc. 0.14% 12,143 $2.5M Add +7.7%
APO Apollo Global Management Inc. 0.14% 19,911 $2.5M New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.14% 180,007 $2.5M New
GDXJ Vaneck Junior Gold Miners 0.13% 49,705 $2.4M New
BTI British American Tob-SP ADR 0.13% 66,264 $2.4M Reduce -0.0%
XLB SS Materials Select Sector 0.13% 24,955 $2.4M Reduce -23.1%

Show all 461 holdings

Options reported separately and not counted above: AVGO puts ($207.7M), QQQ calls ($191.7M), NVDA puts ($169.1M), QQQ puts ($144.8M), GLD calls ($120.8M), SPY calls ($120.8M), SPY puts ($114.1M), SMH calls ($61.4M), NVDA calls ($61.3M), TSLA calls ($54.4M), XLK puts ($53.5M), GLD puts ($51.0M), and 78 more.

Other holdings (1): bonds, preferreds, convertibles and warrants · $0 (not counted above)
SecurityClassShares / PrincipalValueChange
CSSLQ Chicken Soup for the Soul-26 *W EXP 10/22/202 16,651$0New

Portfolio Sells Q2 2024 → Q3 2024
ETHE Grayscale Ethereum Staking E Sold out 0.00% −9.21
QQQ Invesco QQQ Trust Series 1 Reduce -92.8% 0.55% −7.79
INDA iShares MSCI India ETF Sold out 0.00% −3.00
GLD SPDR Gold Shares Sold out 0.00% −1.97
MSFT Microsoft Corp. Reduce -51.4% 1.32% −1.82
NVDA Nvidia Corp. Reduce -42.7% 1.33% −1.32
KWEB Kranesh Csi China Internet Sold out 0.00% −1.21
IEF iShares 7-10 Year Treasury B Sold out 0.00% −1.14
EWZ iShares MSCI Brazil ETF Sold out 0.00% −0.99
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.94
AMZN Amazon.com Inc. Reduce -32.1% 1.33% −0.93
META Meta Platforms Inc. Class A Reduce -52.6% 0.83% −0.88
TSLA Tesla Inc. Sold out 0.00% −0.86
SNOW Snowflake Inc. Sold out 0.00% −0.86
IBIT iShares Bitcoin Trust ETF Reduce -70.7% 0.30% −0.77
GOOGL Alphabet Inc. Class A Reduce -35.6% 0.79% −0.70
ORCL Oracle Corp. Reduce -94.2% 0.04% −0.65
XLV SS Health Care Select Sector Reduce -86.9% 0.08% −0.57
EWC iShares MSCI Canada ETF Reduce -68.1% 0.27% −0.56
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.47
MA Mastercard Inc. Class A Reduce -82.2% 0.10% −0.46
MCHI iShares MSCI China ETF Sold out 0.00% −0.42
EFAV iShares MSCI Eafe Min Vol Fa Sold out 0.00% −0.41
ACWX iShares MSCI Acwi Ex US ETF Sold out 0.00% −0.41
FBTC Fidelity Wise Origin Bitcoin Sold out 0.00% −0.35
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.35
SCHW Schwab (charles) Corp. Reduce -91.4% 0.03% −0.35
AAPL Apple Inc. Reduce -13.0% 2.09% −0.33
NFLX Netflix Inc. Reduce -32.1% 0.58% −0.33
BITO Proshares Bitcoin ETF-Usd Sold out 0.00% −0.32
COP Conocophillips Sold out 0.00% −0.30
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.30
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.28
TQQQ Proshares Ultrapro QQQ Sold out 0.00% −0.28
GOOG Alphabet Inc. Class C Reduce -26.6% 0.42% −0.28
PDD PDD Holdings Inc. Reduce -70.8% 0.10% −0.27
SPHD Invesco S&P 500 High Dividen Sold out 0.00% −0.27
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.27
TSM Taiwan Semiconductor-SP ADR Reduce -68.9% 0.10% −0.26
NVS Novartis AG-Sponsored ADR Sold out 0.00% −0.26
WFC Wells Fargo & Co. Reduce -80.0% 0.05% −0.22
STWD Starwood Property Trust Inc. Sold out 0.00% −0.22
AXP American Express Co. Reduce -91.3% 0.02% −0.21
MRSH Marsh & McLennan Cos Sold out 0.00% −0.21
XLP SS Consumer Staples Sel Sect Reduce -92.4% 0.02% −0.20
KBE SS SPDR S&P Bank ETF Sold out 0.00% −0.19
BITB Bitwise Bitcoin ETF Sold out 0.00% −0.19
IGV iShares Expanded Tech-Softwa Reduce -60.8% 0.11% −0.19
BAC Bank of America Corp. Reduce -31.1% 0.30% −0.18
LIN Linde PLC Reduce -91.1% 0.02% −0.18

Portfolio Buys Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US Add +45.2% 24.98% +6.82
EEM iShares MSCI Emerging Market Add +603.8% 6.90% +5.89
TLT iShares 20+ Year Treasury BD New 3.47% +3.47
EFA iShares MSCI Eafe ETF Add +471.5% 4.22% +3.45
ACWI iShares MSCI Acwi ETF Add +842.9% 2.33% +2.07
IEMG iShares Core MSCI Emerging Add +1187.6% 2.02% +1.85
IWM iShares Russell 2000 ETF Add +7676.1% 1.52% +1.50
XLU St Sr Utl SL SE SPDR ETF-Usd Add +3723.1% 1.19% +1.16
XLI SS Industrial Select Sector New 1.10% +1.10
SLV iShares Silver Trust New 1.08% +1.08
VWSYF Vestas Wind Systems A/S Add +420.5% 1.14% +0.87
XLK SS Technology Select Sector Add +318.5% 1.17% +0.86
IXUS iShares Core Intl Stock ETF New 0.83% +0.83
DUK Duke Energy Corp. Add +2604.9% 0.67% +0.64
PCG P G & E Corp. Add +4777.0% 0.64% +0.62
SRE Sempra Add +2898.4% 0.55% +0.53
EXC Exelon Corp. New 0.51% +0.51
NVO Novo-Nordisk A/S-Spons ADR Add +852.3% 0.57% +0.49
VT Vanguard Tot World STK ETF New 0.48% +0.48
EVRG Evergy Inc. New 0.48% +0.48
AEE Ameren Corporation New 0.47% +0.47
CMS CMS Energy Corp. New 0.46% +0.46
PEG Public Service Enterprise GP New 0.45% +0.45
NI Nisource Inc. New 0.45% +0.45
TXNM TXNM Energy Inc. New 0.41% +0.41
NEE Nextera Energy Inc. Add +575.4% 0.46% +0.40
CRWD CrowdStrike Holdings Inc. Class A Add +1288.5% 0.43% +0.39
IBB iShares Biotechnology ETF New 0.33% +0.33
CB Chubb Ltd. Add +743.6% 0.36% +0.32
NOW ServiceNow Inc. Add +248.7% 0.43% +0.31
SCZ iShares MSCI Eafe Small-Cap New 0.30% +0.30
TCEHY Tencent Holdings Ltd.-Uns ADR New 0.29% +0.29
XLY SS Consumer Disc Select Sect Add +2148.3% 0.30% +0.28
D Dominion Energy Inc. New 0.28% +0.28
VST Vistra Corp. New 0.27% +0.27
CEG Constellation Energy Add +1558.6% 0.28% +0.26
VEU Vanguard Ftse All-World Ex-U New 0.25% +0.25
EWW iShares MSCI Mexico ETF New 0.25% +0.25
EMXC iShares MSCI Emr MRK Ex Chna Add +193.1% 0.38% +0.24
USB US Bancorp Add +987.4% 0.26% +0.24
SO The Southern Co. Add +667.8% 0.25% +0.22
WTRG Essential Utilities Inc. New 0.22% +0.22
CNQ Canadian Natural Resources New 0.21% +0.21
LMT Lockheed Martin Corp. New 0.20% +0.20
MET Metlife Inc. Add +378.0% 0.24% +0.20
INVH Invitation Homes Inc. New 0.17% +0.17
KIE SS SPDR S&P Insurance ETF New 0.17% +0.17
PRU Prudential Financial Inc. New 0.17% +0.17
IBKR Interactive Brokers Gro Class A New 0.16% +0.16
XLF SS Financial Select Sector Add +71.9% 0.38% +0.16

Options Activity Q2 2024 → Q3 2024
AVGO Broadcom Inc. put Add +19968.3% 1,204,100 $207.7M
QQQ Invesco QQQ Trust Series 1 call Add +4122.6% 392,700 $191.7M
NVDA Nvidia Corp. put Add +295.2% 1,392,400 $169.1M
QQQ Invesco QQQ Trust Series 1 put Add +220.4% 296,700 $144.8M
GLD SPDR Gold Shares call Reduce -30.1% 497,000 $120.8M
SPY SS SPDR S&P 500 ETF Trust-US call Add +1191.4% 210,500 $120.8M
SPY SS SPDR S&P 500 ETF Trust-US put Add +856.3% 198,900 $114.1M
ORCL Oracle Corp. put Sold out 499,200 $70.6Mbefore exit
SMH Vaneck Semiconductor ETF call New 250,000 $61.4M
NVDA Nvidia Corp. call Add +67.1% 504,800 $61.3M
TSLA Tesla Inc. call Add +10.1% 207,800 $54.4M
XLK SS Technology Select Sector put New 237,100 $53.5M
GLD SPDR Gold Shares put Reduce -39.6% 210,000 $51.0M
AAPL Apple Inc. call Add +205.6% 213,900 $49.8M
TSLA Tesla Inc. put Add +99.3% 184,800 $48.3M
AAPL Apple Inc. put Add +53.2% 138,200 $32.2M
AMZN Amazon.com Inc. put Reduce -13.3% 147,800 $27.5M
XLK SS Technology Select Sector call New 96,500 $21.8M
AMD Advanced Micro Devices call Add +281.2% 131,900 $21.6M
MSFT Microsoft Corp. call Reduce -6.2% 48,500 $20.9M
MRVL Marvell Technology Inc. put Reduce -26.0% 226,300 $16.3M
AMZN Amazon.com Inc. call Reduce -9.4% 83,400 $15.5M
TTE Totalenergies SE -Spon ADR put Sold out 223,300 $14.9Mbefore exit
MSFT Microsoft Corp. put Reduce -56.0% 28,100 $12.1M
ETRN Equitrans Midstream Corp. put Sold out 865,000 $11.2Mbefore exit
PDD PDD Holdings Inc. put Sold out 82,500 $11.0Mbefore exit
META Meta Platforms Inc. Class A call Add +61.7% 18,600 $10.6M
ORCL Oracle Corp. call Sold out 69,800 $9.9Mbefore exit
GOOGL Alphabet Inc. Class A call Add +60.1% 59,400 $9.9M
TSM Taiwan Semiconductor-SP ADR put Reduce -25.8% 48,100 $8.4M
GOOG Alphabet Inc. Class C call Add +446.1% 49,700 $8.3M
AMD Advanced Micro Devices put Add +10.3% 50,500 $8.3M
IWM iShares Russell 2000 ETF put New 33,500 $7.4M
INVH Invitation Homes Inc. put New 200,000 $7.1M
STWD Starwood Property Trust Inc. put Sold out 336,200 $6.4Mbefore exit
PDD PDD Holdings Inc. call Sold out 47,500 $6.3Mbefore exit
AVGO Broadcom Inc. call Add +402.9% 35,200 $6.1M
META Meta Platforms Inc. Class A put Reduce -47.4% 10,000 $5.7M
TSM Taiwan Semiconductor-SP ADR call Add +396.8% 31,300 $5.4M
XOP SS SPDR S&P Og Exp & Prod put New 40,000 $5.3M
GOOGL Alphabet Inc. Class A put Reduce -25.2% 31,500 $5.2M
BABA Alibaba Group Holding-SP ADR put Reduce -32.5% 43,100 $4.6M
XLE SS Energy Select Sector call Sold out 50,000 $4.6Mbefore exit
FCX Freeport-McMoran Inc. put New 89,600 $4.5M
JPM JPMorgan Chase & Co. put Sold out 20,000 $4.0Mbefore exit
BA The Boeing Co. call Sold out 21,100 $3.8Mbefore exit
MA Mastercard Inc. Class A call Add +35.2% 7,300 $3.6M
SNOW Snowflake Inc. put Sold out 26,000 $3.5Mbefore exit
ELV Elevance Health Inc. call Sold out 6,200 $3.4Mbefore exit
IWM iShares Russell 2000 ETF call New 14,300 $3.2M

Showing the first 50 of 153.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2024 → Q3 2024
CSSLQ Chicken Soup for the Soul-26 *W EXP 10/22/202 New 16,651 $0

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 801$1.7BSPY, IBIT, NVDA, LQD, QQQ
Q1 2026 1,094$1.8BSPY, IEMG, GOOGL, VEA, NVDA
Q4 2025 1,063$1.3BGLD, EWT, IBIT, INDA, IXUS
Q3 2025 1,077$1.9BIBIT, ETHA, DJT, SPY, IWM
Q2 2025 950$1.4BGLD, DJT, IWM, IBIT, XLE
Q1 2025 452$1.2BNVDA, IBIT, TSM, EEM, MU
Q4 2024 456$1.5BIBIT, IEFA, AAPL, AMZN, MSFT
Q3 2024 461$1.8BSPY, EEM, EFA, TLT, ACWI
Q2 2024 403$1.6BSPY, ETHE, QQQ, MSFT, INDA
Q1 2024 278$1.8BSPY, INDA, AAPL, MSFT, QQQ