AI Portfolio Summary
In 2025 Q4, DRIEHAUS CAPITAL MANAGEMENT LLC maintained a portfolio of 519 distinct positions. The most significant new addition to the portfolio was Rambus Inc, which now represents 0.60% of the total fund value. They heavily accumulated shares in Praxis Precision Med, increasing their position by 86.4%. The fund also reduced its exposure to Lumentum Holdings In by 43.8%.
Total Positions
519
Quarter
2025 Q4
Top Holding
TSM (4.5%)
Top 10 Concentration
16.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 519
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
TSM
TSMC
|
Technology | 4.47% | 4.49% |
#1
Prev: #1
|
4.3 | -79,824 | -3.6% |
P
S
|
2,163,564 | $657,485,464 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRNX
Crinetics Pharm...
|
Healthcare | 2.02% | 1.93% |
#2
Prev: #2
|
2.8 | -93,873 | -1.4% |
P
S
|
6,387,740 | $297,349,297 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PRAX
Praxis Precisio...
|
Healthcare | 1.87% | 0.19% |
#3
172
Prev: #175
|
4.7 | 432,510 | 86.4% |
P
S
|
933,061 | $275,010,399 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GH
Guardant Health...
|
Healthcare | 1.49% | 0.96% |
#4
8
Prev: #12
|
1.6 | -9,122 | -0.4% |
P
S
|
2,143,193 | $218,905,733 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XENE
Xenon Pharmaceu...
|
Healthcare | 1.38% | 1.20% |
#5
Prev: #5
|
3.1 | 369,577 | 8.9% |
P
S
|
4,538,691 | $203,424,131 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PL
Planet Labs PBC
|
Industrials | 1.14% | 1.34% |
#6
3
Prev: #3
|
0.5 | -5,860,847 | -40.8% |
P
S
|
8,511,620 | $167,849,146 | 2009 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
APGE
Apogee Therapeu...
|
Healthcare | 1.12% | 0.61% |
#7
32
Prev: #39
|
0.9 | 25,202 | 1.2% |
P
S
|
2,183,704 | $164,825,978 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EOSE
Eos Energy Ente...
|
Industrials | 1.11% | 0.54% |
#8
49
Prev: #57
|
3.4 | 7,704,785 | 117.4% |
P
S
|
14,270,294 | $163,537,569 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SITM
SiTime Corp
|
Technology | 0.99% | 1.24% |
#9
5
Prev: #4
|
0.4 | -162,335 | -28.2% |
P
S
|
412,873 | $145,822,615 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NTRA
Natera Inc
|
Healthcare | 0.97% | 0.68% |
#10
22
Prev: #32
|
2.4 | 39,744 | 6.8% |
P
S
|
625,912 | $143,390,180 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CCJ
Cameco Corp
|
Energy | 0.95% | 1.05% |
#11
3
Prev: #8
|
0.9 | -224,624 | -12.9% |
P
S
|
1,522,638 | $139,306,151 | 2001 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FTAI
FTAI Aviation L...
|
Industrials | 0.94% | 0.78% |
#12
13
Prev: #25
|
2.4 | 45,447 | 6.9% |
P
S
|
700,525 | $137,898,346 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RYTM
Rhythm Pharmace...
|
Healthcare | 0.93% | 1.00% |
#13
3
Prev: #10
|
0.9 | -98,553 | -7.1% |
P
S
|
1,285,222 | $137,570,163 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HDB
HDFC Bank Ltd
|
Financial Services | 0.92% | 0.78% |
#14
10
Prev: #24
|
2.4 | 516,986 | 16.1% |
P
S
|
3,722,331 | $136,013,975 | 2001 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BAP
Credicorp Ltd
|
Financial Services | 0.92% | 0.84% |
#15
4
Prev: #19
|
2.4 | 29,891 | 6.8% |
P
S
|
472,044 | $135,476,628 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEPN
Septerna Inc
|
Healthcare | 0.91% | 0.66% |
#16
18
Prev: #34
|
0.9 | -110,426 | -2.2% |
P
S
|
4,809,470 | $134,088,024 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NU
NU Holdings Ltd...
|
Financial Services | 0.88% | 0.46% |
#17
50
Prev: #67
|
3.4 | 3,689,298 | 91.8% |
P
S
|
7,706,057 | $128,999,394 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BBIO
Bridgebio Pharm...
|
Healthcare | 0.87% | 0.62% |
#18
20
Prev: #38
|
0.8 | 18,903 | 1.1% |
P
S
|
1,680,972 | $128,577,548 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PI
Impinj Inc
|
Technology | 0.87% | 0.67% |
#19
14
Prev: #33
|
2.8 | 222,974 | 43.3% |
P
S
|
737,474 | $128,327,851 | 2016 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRS
Carpenter Techn...
|
Industrials | 0.86% | 0.48% |
#20
44
Prev: #64
|
2.8 | 129,350 | 47.2% |
P
S
|
403,296 | $126,973,713 | 2004 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CW
Curtiss-Wright ...
|
Industrials | 0.86% | 1.05% |
#21
12
Prev: #9
|
0.8 | -39,132 | -14.6% |
P
S
|
229,703 | $126,628,373 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LITE
Lumentum Holdin...
|
Technology | 0.85% | 0.71% |
#22
7
Prev: #29
|
0.3 | -266,034 | -43.8% |
P
S
|
341,048 | $125,706,882 | 2016 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IBN
ICICI Bank Ltd
|
Financial Services | 0.82% | 1.16% |
#23
17
Prev: #6
|
0.3 | -1,295,814 | -24.2% |
P
S
|
4,063,452 | $121,090,870 | 2002 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IDCC
InterDigital In...
|
Technology | 0.81% | 0.82% |
#24
4
Prev: #20
|
2.3 | 45,036 | 13.6% |
P
S
|
375,174 | $119,447,898 | 2011 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XMTR
Xometry Inc
|
Industrials | 0.80% | 0.58% |
#25
20
Prev: #45
|
2.8 | 488,780 | 32.6% |
P
S
|
1,985,865 | $118,099,392 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARWR
Arrowhead Pharm...
|
Healthcare | 0.80% | 0.52% |
#26
32
Prev: #58
|
0.8 | -330,058 | -15.7% |
P
S
|
1,769,340 | $117,466,483 | 2013 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GPCR
Structure Thera...
|
Healthcare | 0.78% | 0.18% |
#27
159
Prev: #186
|
3.3 | 768,940 | 88.0% |
P
S
|
1,642,444 | $114,231,980 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WVE
WaVe Life Scien...
|
Healthcare | 0.76% | 0.33% |
#28
70
Prev: #98
|
0.8 | 283,007 | 4.5% |
P
S
|
6,581,067 | $111,878,139 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FN
Fabrinet
|
Technology | 0.75% | 0.98% |
#29
18
Prev: #11
|
0.3 | -132,458 | -35.5% |
P
S
|
240,978 | $109,712,464 | 2012 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WFRD
Weatherford Int...
|
Energy | 0.74% | 0.47% |
#30
35
Prev: #65
|
2.8 | 419,961 | 43.6% |
P
S
|
1,384,142 | $108,322,953 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UEC
Uranium Energy ...
|
Energy | 0.72% | 0.91% |
#31
17
Prev: #14
|
0.8 | -375,744 | -4.0% |
P
S
|
9,112,072 | $106,429,001 | 2007 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EWTX
Edgewise Therap...
|
Healthcare | 0.71% | 0.26% |
#32
99
Prev: #131
|
3.3 | 1,962,908 | 88.1% |
P
S
|
4,191,193 | $104,004,458 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ERJ
Embraer SA
|
Unknown | 0.70% | 0.40% |
#33
45
Prev: #78
|
3.3 | 661,071 | 71.2% |
P
S
|
1,590,028 | $102,350,102 | 2011 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KRMN
Karman Holdings...
|
Industrials | 0.67% | 0.80% |
#34
12
Prev: #22
|
0.8 | -198,479 | -12.8% |
P
S
|
1,355,169 | $99,157,716 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PTGX
Protagonist The...
|
Healthcare | 0.65% | 0.54% |
#35
19
Prev: #54
|
0.8 | -40,684 | -3.6% |
P
S
|
1,099,170 | $96,001,508 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TARS
Tarsus Pharmace...
|
Healthcare | 0.65% | 0.44% |
#36
35
Prev: #71
|
2.3 | 141,386 | 13.7% |
P
S
|
1,172,427 | $95,998,323 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVNA
Carvana Co
|
Consumer Cyclical | 0.65% | 0.86% |
#37
20
Prev: #17
|
0.3 | -90,945 | -28.6% |
P
S
|
226,963 | $95,782,925 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SYRE
Spyre Therapeut...
|
Healthcare | 0.64% | 0.25% |
#38
96
Prev: #134
|
2.8 | 822,045 | 39.9% |
P
S
|
2,882,420 | $94,428,079 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CR
Crane Co
|
Industrials | 0.63% | 0.71% |
#39
11
Prev: #28
|
0.8 | -32,677 | -6.1% |
P
S
|
505,668 | $93,260,349 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EYE
National Vision...
|
Consumer Cyclical | 0.63% | 0.47% |
#40
26
Prev: #66
|
3.3 | 1,350,811 | 59.9% |
P
S
|
3,606,811 | $93,127,860 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VSEC
VSE Corp
|
Industrials | 0.61% | 0.40% |
#41
38
Prev: #79
|
3.2 | 182,544 | 54.1% |
P
S
|
520,237 | $89,881,346 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RMBS
Rambus Inc
|
Technology | 0.60% | — |
#42
Prev: #—
|
3.7 | 954,164 | no change |
NEW
|
954,164 | $87,678,130 | 1999 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DFTX
Mind Medicine M...
|
Healthcare | 0.59% | — |
#43
Prev: #—
|
3.7 | 6,537,202 | no change |
NEW
|
6,537,202 | $87,533,135 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TMDX
TransMedics Gro...
|
Healthcare | 0.59% | 0.59% |
#44
3
Prev: #41
|
0.7 | -26,117 | -3.5% |
P
S
|
712,041 | $86,619,788 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PTCT
PTC Therapeutic...
|
Healthcare | 0.59% | 0.50% |
#45
18
Prev: #63
|
0.7 | 4,439 | 0.4% |
P
S
|
1,136,188 | $86,304,840 | 2015 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SRRK
Scholar Rock Ho...
|
Healthcare | 0.58% | 0.54% |
#46
10
Prev: #56
|
0.7 | -71,082 | -3.5% |
P
S
|
1,952,877 | $86,024,232 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPXC
SPX Technologie...
|
Industrials | 0.58% | 0.37% |
#47
40
Prev: #87
|
3.2 | 154,388 | 56.1% |
P
S
|
429,764 | $85,978,586 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ITUB
Itau Unibanco H...
|
Financial Services | 0.58% | 0.56% |
#48
3
Prev: #51
|
2.2 | 1,266,440 | 12.0% |
P
S
|
11,857,114 | $84,896,935 | 2009 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KYMR
Kymera Therapeu...
|
Healthcare | 0.57% | 0.38% |
#49
35
Prev: #84
|
2.2 | 130,144 | 13.9% |
P
S
|
1,069,238 | $83,197,409 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COHR
Coherent Corp
|
Technology | 0.56% | 0.34% |
#50
43
Prev: #93
|
0.7 | 9,093 | 2.1% |
P
S
|
447,945 | $82,677,209 | 2000 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 519 holdings