Q2 2026 13F · SEC CIK 938206

Driehaus Capital Management LLC

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $17.3B
Reported positions: 354
Top holdings a year, 3 yrs: +38.6%
Assets under management: $26.1B

Driehaus Capital Management LLC is a hedge fund that reported 354 positions worth $17.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Taiwan Semiconductor Manufac (TSM, 2.7%), Definium Therapeutics Inc (1.9%), Praxis Precision Medicines I (PRAX, 1.9%). A portfolio copying its top holdings returned 38.6% a year over the last 3 years, against 20.4% for the S&P 500.

Driehaus Capital Management LLC holdings largest 50 of 354 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Driehaus Capital Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TSMTaiwan Semiconductor Manufac	2.7%	3.1%	984,500	-22.2%	$470.2M
24477V105Definium Therapeutics Inc	1.9%	0.8%	6,845,276	+15.8%	$322.0M
PRAXPraxis Precision Medicines I	1.9%	2.2%	959,048	+1.0%	$321.1M
XENEXenon Pharmaceuticals Inc	1.5%	1.9%	4,418,557	-1.6%	$266.7M
SIMOSilicon Motion Technology Co	1.5%	—	786,074	—	$262.0M
SYRESpyre Therapeutics	1.4%	1.0%	2,799,166	+0.3%	$248.5M
CRNXCrinetics Pharmaceuticals in	1.4%	1.7%	6,463,551	+1.1%	$241.9M
APGEApogee Therapeutics Inc	1.3%	1.2%	1,740,101	-9.4%	$231.0M
GHGuardant Health Inc	1.3%	1.0%	1,533,985	+0.6%	$230.1M
PLPlanet Labs Pbc	1.3%	1.6%	6,721,154	-15.1%	$222.7M
BAPCredicorp Ltd	1.3%	1.1%	557,228	+23.6%	$217.1M
EWTXEdgewise Therapeutics Inc	1.1%	1.0%	4,728,623	+5.6%	$192.1M
VICRVicor Corp	1.1%	—	496,507	—	$188.6M
UCTTUltra Clean Holdings Inc	1.1%	—	1,309,202	—	$186.7M
CWCurtiss Wright Corp	1.0%	1.1%	229,123	+1.5%	$173.6M
XMTRXometry, Inc.	1.0%	—	1,768,213	—	$170.7M
WULFTerawulf Inc	0.9%	0.6%	6,163,879	+1.7%	$152.2M
SEPNSepterna Inc	0.9%	0.8%	4,433,058	+0.9%	$148.5M
NXTNextpower Inc	0.8%	0.9%	1,207,194	+16.4%	$143.8M
CECOCeco Environmental Corp	0.8%	—	1,560,486	—	$141.6M
CRDOCredo Technology Group Holdi	0.8%	—	517,062	—	$140.6M
CRSCarpenter Technology Corp	0.8%	0.9%	227,203	-28.0%	$140.1M
IBNIcici Bk Ltd	0.8%	0.8%	4,826,120	+13.4%	$140.1M
LASRNlight Inc	0.8%	0.7%	1,986,119	+12.0%	$138.3M
ONTOOnto Innovation Inc	0.8%	—	354,650	—	$134.2M
RSIRush Street Interactive Inc	0.7%	—	4,341,612	—	$129.1M
SITMSitime Corp	0.7%	0.6%	172,133	-24.5%	$128.3M
SOISolaris Energy Infrastructure Inc	0.7%	0.7%	1,584,985	-2.7%	$127.5M
DAVEDave Inc	0.7%	—	331,537	—	$123.5M
SRRKScholar Rock Hldg Corp	0.7%	0.7%	2,205,618	+14.9%	$121.3M
STRLSterling Infrastructure Inc	0.7%	—	143,684	—	$120.6M
BEBloom Energy Corp	0.7%	0.8%	390,259	-54.1%	$118.1M
PTCTPtc Therapeutics Inc	0.7%	—	1,440,107	—	$117.5M
LTHLife Time Group Holdings Inc	0.7%	—	2,864,852	—	$117.0M
CDNLCardinal Infrastructure Group	0.7%	—	1,208,910	—	$113.9M
MODModine Manufacturing Co	0.7%	0.8%	422,646	-14.6%	$112.9M
FMXFomento Economico Mexicano S	0.7%	0.7%	877,127	+9.2%	$112.2M
NUNu Hldgs Ltd	0.6%	0.8%	8,314,486	+14.1%	$111.1M
SAIASaia Inc	0.6%	0.7%	262,043	+1.6%	$110.4M
CDNSCadence Design System Inc	0.6%	—	293,693	—	$110.2M
ARWRArrowhead Pharmaceuticals in	0.6%	0.5%	1,350,556	+13.5%	$110.1M
VALEVale S A	0.6%	—	7,236,306	—	$108.8M
UTIUniversal Technical Inst Inc	0.6%	—	2,499,689	—	$106.9M
SCCOSouthern Copper Corp	0.6%	—	611,241	—	$106.5M
KYMRKymera Therapeutics Inc	0.6%	0.6%	919,233	-11.9%	$105.4M
TWSTTwist Bioscience Corp	0.6%	—	1,022,526	—	$105.2M
NTRANatera Inc	0.6%	—	383,872	—	$104.2M
SNEXStonex Group Inc	0.6%	—	875,452	—	$103.7M
COHRCoherent Corp	0.6%	0.9%	259,497	-49.7%	$102.4M
ESEEsco Technologies Inc	0.6%	—	287,995	—	$100.8M

What Driehaus Capital Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +81.0% /yr; S&P 500 +20.1%
3 years: +38.6% /yr; S&P 500 +20.4%
5 years: +17.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$17.3B	354
Q1 2026	$13.6B	355
Q4 2025	$14.7B	404
Q3 2025	$14.0B	431
Q2 2025	$12.5B	416
Q1 2025	$10.4B	394
Q4 2024	$12.1B	381
Q3 2024	$11.6B	375
Q2 2024	$10.3B	361
Q1 2024	$10.0B	379
Q4 2023	$8.3B	377
Q3 2023	$7.7B	389

Questions about Driehaus Capital Management LLC's portfolio

What stocks does Driehaus Capital Management LLC own?

Driehaus Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 354 positions worth $17.3B. The largest are Taiwan Semiconductor Manufac (TSM) at 2.7%, Definium Therapeutics Inc at 1.9%, Praxis Precision Medicines I (PRAX) at 1.9%, Xenon Pharmaceuticals Inc (XENE) at 1.5% and Silicon Motion Technology Co (SIMO) at 1.5%.

What did Driehaus Capital Management LLC buy last quarter?

In Q2 2026, Driehaus Capital Management LLC added Credicorp Ltd (BAP) (+23.6% shares), Nextpower Inc (NXT) (+16.4% shares) and Definium Therapeutics Inc (+15.8% shares), compared with its Q1 2026 filing.

What did Driehaus Capital Management LLC sell last quarter?

In Q2 2026, Driehaus Capital Management LLC cut from its top 50 Fabrinet (FN), cut from its top 50 Lumentum Hldgs Inc (LITE), cut from its top 50 Ftai Aviation Ltd (FTAI), cut from its top 50 Interdigital Inc (IDCC), cut from its top 50 Uranium Energy Corp (UEC), Bloom Energy Corp (BE) (-54.1% shares), Coherent Corp (COHR) (-49.7% shares) and Carpenter Technology Corp (CRS) (-28.0% shares), compared with its Q1 2026 filing.

How has Driehaus Capital Management LLC's portfolio performed?

A portfolio copying Driehaus Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +38.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +81.0% against +20.1%. Over 5 years: +17.7% a year against +11.6%.

When is Driehaus Capital Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Driehaus Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Driehaus Capital Management LLC manage?

Driehaus Capital Management LLC reported $26.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $17.3B.