Driehaus Capital Management LLC
SEC Form 13F institutional filer · CIK 0000938206
13F-HR · 57 reported holdings · 2026-03-31
Driehaus Capital Management LLC is an asset manager.
Reported long-US-equity value
$0.84B
Top-10 concentration
77.2%
Driehaus Capital Management LLC — $844M AUM allocation strategy
Driehaus Capital Management LLC files SEC Form 13F and reports $844M of long US equity value across 57 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 46.1%, followed by Industrials 19.9% and Consumer Discretionary 8.4%.
The top 10 holdings account for 77% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Driehaus Capital Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$844M
total across 57 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
77% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$COHR +68.3K sh · +$40.3M+$TPR +34.1K sh · +$8M+$TDY +25K sh · +$17.7M
Biggest trims (shares)
−$SO −163K sh · −$14.1M−$LITE −112K sh · +$35.2M−$TTWO −87.2K sh · −$22.7M
Exited to nil (held last quarter, gone now)
$CVNA ($95.8M last qtr)$T ($77.4M last qtr)$HOOD ($40.4M last qtr)$BNY ($33.3M last qtr)$PODD ($14M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Communications Equipment19.1%—
- Electronic Components14.5%—
- Construction & Engineering13.3%—
- Semiconductor Materials & Equipment8.7%—
- Electric Utilities6.6%—
- Aerospace & Defense4.8%—
- Apparel, Accessories & Luxury Goods4.5%—
- Food Retail4.1%—
- Other holdings24.4%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $LITE | Lumentum Holdings Inc | 229K | $161M | -112K | 19.1% |
| $COHR | Coherent Corp | 516K | $123M | +68.3K | 14.6% |
| $FIX | Comfort Systems USA Inc | 41.1K | $56.7M | +623 | 6.7% |
| $SO | Southern Company | 324K | $55.7M | -163K | 6.6% |
| $PWR | Quanta Services Inc | 101K | $55.2M | -565 | 6.5% |
| $TER | Teradyne Inc | 185K | $54.8M | -36.3K | 6.5% |
| $AXON | Axon Enterprise Inc | 95.1K | $40.4M | -41.3K | 4.8% |
| $TPR | Tapestry Inc | 273K | $38.5M | +34.1K | 4.6% |
| $CASY | Casey's General Stores Inc | 48K | $34.9M | +6.72K | 4.1% |
| $TDY | Teledyne Technologies Incorporated | 52K | $31.5M | +25K | 3.7% |
…and 47 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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