DRIEHAUS CAPITAL MANAGEMENT LLC Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$14.7B
Holdings
404
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (404 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 301 | ANROAlto Neuroscience Inc | 336,762 | $6.0B | 40.71% | |
| 302 | GDENGolden Entertainment Inc | 219,125 | $6.0B | 40.47% | |
| 303 | ATIIArchimedes Tech SPAC Partners | 573,083 | $5.9B | 40.33% | |
| 304 | TET1 Energy Inc | 842,862 | $5.6B | 38.24% | |
| 305 | JCAPJefferson Capital Inc | 247,230 | $5.5B | 37.52% | |
| 306 | INVInnventure Inc | 1,256,486 | $5.3B | 35.67% | |
| 307 | VRDNViridian Therapeutics Inc | 167,934 | $5.2B | 35.50% | |
| 308 | GXOGXO Logistics Inc | 98,918 | $5.2B | 35.37% | |
| 309 | HVMCHighview Merger Corp | 500,000 | $5.0B | 33.96% | |
| 310 | BLFYBlue Foundry Bancorp | 400,997 | $5.0B | 33.85% | |
| 311 | GOOGLAlphabet Inc | 14,016 | $4.4B | 29.80% | |
| 312 | WLACWillow Lane Acquisition Corp | 319,667 | $4.0B | 27.44% | |
| 313 | LUCKLucky Strike Entertainment Cor | 459,178 | $3.9B | 26.42% | |
| 314 | NHICNewHold Investment Corp III | 369,986 | $3.8B | 26.04% | |
| 315 | VINPVinci Compass Investments Ltd | 278,878 | $3.6B | 24.70% | |
| 316 | NVDANVIDIA Corp | 19,289 | $3.6B | 24.43% | |
| 317 | CBIOCrescent Biopharma Inc | 302,457 | $3.6B | 24.36% | |
| 318 | SIONSionna Therapeutics Inc | 83,850 | $3.4B | 23.43% | |
| 319 | PENNPenn Entertainment Inc | 228,679 | $3.4B | 22.91% | |
| 320 | DTILPrecision BioSciences Inc | 787,700 | $3.3B | 22.25% | |
| 321 | RNAAvidity Biosciences Inc | 45,408 | $3.3B | 22.25% | |
| 322 | GSHRGesher Acquisition Corp II | 317,974 | $3.3B | 22.12% | |
| 323 | DSACUDaedalus Special Acquisition C | 300,000 | $3.0B | 20.48% | |
| 324 | DNMXDynamix Corp III | 300,000 | $3.0B | 20.15% | |
| 325 | FULCFulcrum Therapeutics Inc | 243,388 | $2.8B | 18.69% | |
| 326 | AAPLApple Inc | 10,098 | $2.7B | 18.65% | |
| 327 | PTNPalatin Technologies Inc | 166,713 | $2.6B | 17.42% | |
| 328 | —Apex Treasury Corp | 250,000 | $2.5B | 16.79% | |
| 329 | CLYMClimb Bio Inc | 600,946 | $2.4B | 16.32% | |
| 330 | MNPRMonopar Therapeutics Inc | 33,715 | $2.2B | 14.95% | |
| 331 | PEPGPepGen Inc | 315,000 | $2.0B | 13.92% | |
| 332 | LRMRLarimar Therapeutics Inc | 535,464 | $2.0B | 13.86% | |
| 333 | LATAGalata Acquisition Corp II | 200,000 | $2.0B | 13.53% | |
| 334 | JPMJPMorgan Chase & Co | 6,113 | $2.0B | 13.37% | |
| 335 | MSFTMicrosoft Corp | 4,032 | $1.9B | 13.24% | |
| 336 | PAMPampa Energia SA | 21,253 | $1.9B | 12.78% | |
| 337 | GDSGDS Holdings Ltd | 51,576 | $1.8B | 12.23% | |
| 338 | AMZNAmazon.com Inc | 7,669 | $1.8B | 12.02% | |
| 339 | ALXOALX Oncology Holdings Inc | 1,422,882 | $1.6B | 10.92% | |
| 340 | GQ9SPDR Gold Shares | 3,049 | $1.2B | 8.21% | |
| 341 | COFCapital One Financial Corp | 4,870 | $1.2B | 8.02% | |
| 342 | WMTWalmart Inc | 10,591 | $1.2B | 8.01% | |
| 343 | AVGOBroadcom Inc | 3,291 | $1.1B | 7.74% | |
| 344 | TSLATesla Inc | 2,497 | $1.1B | 7.62% | |
| 345 | KOCoca-Cola Co/The | 15,445 | $1.1B | 7.33% | |
| 346 | XOMExxon Mobil Corp | 8,837 | $1.1B | 7.22% | |
| 347 | BACBank of America Corp | 19,076 | $1.0B | 7.13% | |
| 348 | EQTEQT Corp | 19,527 | $1.0B | 7.10% | |
| 349 | APPAppLovin Corp | 1,552 | $1.0B | 7.10% | |
| 350 | CEPFCantor Equity Partners III Inc | 100,000 | $1.0B | 6.93% | |
| 351 | BDCIBTC Development Corp | 100,000 | $1.0B | 6.80% | |
| 352 | BNDVanguard Total Bond Market ETF | 13,481 | $998.0M | 6.78% | |
| 353 | SHOPShopify Inc | 5,951 | $957.0M | 6.50% | |
| 354 | METAMeta Platforms Inc | 1,421 | $937.0M | 6.36% | |
| 355 | LINLinde PLC | 2,148 | $915.0M | 6.22% | |
| 356 | AZNAstraZeneca PLC | 9,774 | $898.0M | 6.10% | |
| 357 | LLYEli Lilly & Co | 823 | $884.0M | 6.00% | |
| 358 | VLUEiShares MSCI USA Value Factor ETF | 6,442 | $880.0M | 5.98% | |
| 359 | VLOValero Energy Corp | 5,158 | $839.0M | 5.70% | |
| 360 | BABoeing Co/The | 3,808 | $826.0M | 5.61% | |
| 361 | PLDPrologis Inc | 5,893 | $752.0M | 5.11% | |
| 362 | DHRDanaher Corp | 3,265 | $747.0M | 5.07% | |
| 363 | NGNENeurogene Inc | 32,765 | $674.0M | 4.58% | |
| 364 | TFCTruist Financial Corp | 13,418 | $660.0M | 4.48% | |
| 365 | UNPUnion Pacific Corp | 2,754 | $637.0M | 4.33% | |
| 366 | GILDGilead Sciences Inc | 5,033 | $617.0M | 4.19% | |
| 367 | NETCloudflare Inc | 2,974 | $586.0M | 3.98% | |
| 368 | LRCXLam Research Corp | 3,277 | $560.0M | 3.80% | |
| 369 | MRKMerck & Co Inc | 5,257 | $553.0M | 3.76% | |
| 370 | KEYSKeysight Technologies Inc | 2,633 | $534.0M | 3.63% | |
| 371 | VEEVVeeva Systems Inc | 2,369 | $528.0M | 3.59% | |
| 372 | CEPFCantor Equity Partners V Inc | 50,000 | $512.0M | 3.48% | |
| 373 | CGNXCognex Corp | 14,097 | $507.0M | 3.44% | |
| 374 | INTCIntel Corp | 13,696 | $505.0M | 3.43% | |
| 375 | TYLTyler Technologies Inc | 1,110 | $503.0M | 3.42% | |
| 376 | HCMAHCM III Acquisition Corp | 50,000 | $503.0M | 3.42% | |
| 377 | DYORInsight Digital Partners II | 50,000 | $495.0M | 3.36% | |
| 378 | SPOTSpotify Technology SA | 820 | $476.0M | 3.23% | |
| 379 | WELLWelltower Inc | 2,522 | $468.0M | 3.18% | |
| 380 | ALABAstera Labs Inc | 2,709 | $450.0M | 3.06% | |
| 381 | RHCRH PLC | 3,468 | $432.0M | 2.93% | |
| 382 | HYACHAYMAKER ACQUISITION CORP 4 | 249,999 | $387.0M | 2.63% | |
| 383 | BEAGBold Eagle Acquisition Corp | 1,200,000 | $384.0M | 2.61% | |
| 384 | BSXBoston Scientific Corp | 3,897 | $371.0M | 2.52% | |
| 385 | CEGConstellation Energy Corp | 1,019 | $359.0M | 2.44% | |
| 386 | SPYSPDR S&P 500 ETF Trust | 464 | $316.0M | 2.15% | |
| 387 | CCXIUChurchill Capital Corp XI | 22,500 | $229.0M | 1.56% | |
| 388 | ATIIARCHIMEDES TECH SPAC PARTNER | 400,000 | $219.0M | 1.49% | |
| 389 | KFIIK&F Growth Acquisition Corp II | 1,200,000 | $192.0M | 1.30% | |
| 390 | PGYPAGAYA TECHNOLOGIES LTD -A | 480,716 | $153.0M | 1.04% | |
| 391 | OACCOAKTREE ACQUISITION CORP I-A | 180,000 | $127.0M | 0.86% | |
| 392 | RVMDWREVOLUTION MEDICINES INC | 135,000 | $126.0M | 0.86% | |
| 393 | BAERWBRIDGER AEROSPACE GROUP HOLD | 620,220 | $124.0M | 0.84% | |
| 394 | —NEWHOLD INVESTMENT CORP II-A | 249,999 | $90.0M | 0.61% | |
| 395 | TACOBERTO ACQUISITION CORP | 226,724 | $83.0M | 0.56% | |
| 396 | GSHRGESHER ACQUISITION CORP II-A | 199,999 | $70.0M | 0.48% | |
| 397 | HVMCHIGHVIEW MERGER CORP-CL A | 250,000 | $67.0M | 0.46% | |
| 398 | DNMXDYNAMIX CORP III-CL A | 150,000 | $48.0M | 0.33% | |
| 399 | —APEX TREASURY CORP-CL A | 125,000 | $35.0M | 0.24% | |
| 400 | LATAGALATA ACQU CORP II - CL A | 66,666 | $23.0M | 0.16% |