Driehaus Capital Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202616 names$888M+$344M
• Q1 20268 names$231M−$164M
• Q4 202515 names$377M−$495M
• Q3 202528 names$886M−$390M
• Q2 202536 names$1.2B+$63.3M
• Q1 202533 names$938M+$9.6M
• Q4 202435 names$1.0B+$112M
• Q3 202429 names$797M+$148M
• Q2 202425 names$513M−$78.5M
• Q1 202425 names$572M−$146M
• Q4 202329 names$691M−$89.2M
• Q3 202330 names$673M+$604K
• Q2 202331 names$679M+$127M
• Q1 202329 names$505M−$57.7M
• Q4 202221 names$488M+$12.5M
• Q3 202221 names$451M−$120M
• Q2 202229 names$481M+$362M
• Q1 202216 names$278M−$201M
• Q4 202118 names$556M−$331M
• Q3 202124 names$797M+$187M
• Q2 202124 names$512M−$19.1M
• Q1 202128 names$459M−$142M
• Q4 202036 names$590M+$43.5M
• Q3 202035 names$364M+$31.8M
• Q2 202031 names$273M−$17.7M
• Q1 202029 names$184M+$73.2M
• Q4 201920 names$134M−$69.6M
• Q3 201927 names$180M−$91.9M
• Q2 201931 names$273M+$20.1M
• Q1 201931 names$212M+$33.8M
• Q4 201825 names$120M−$41.9M
• Q3 201830 names$173M+$30.5M
• Q2 201823 names$111M−$3.7M
• Q1 201825 names$100.0M+$6.3M
• Q4 201720 names$79.9M−$18.1M
• Q3 201724 names · $406K in calls, not in the total$91.0M+$21.9M
• Q2 201718 names$60.9M−$12.4M
• Q1 201721 names$71.6M+$5.8M
• Q4 201616 names$49.4M−$31.1M
• Q3 201624 names$90.2M+$4.1M
• Q2 201622 names$70.0M—

What moved the book

The five software lines with the largest share change this quarter.

• PagSeguro Digital Ltd.PAGS+$18.9M$18.8M
• Endava plcDAVA+$15.5M$15.7M
• ZscalerZS+$10.6M$26.3M
• NutanixNTNX−$8.9M$654K
• PaycomPAYC+$2.6M$4.1M

Software held

• ZscalerZS644,279 shares · 15.2% of their software · price +$3.2M$26.3M+$10.6M
• PagSeguro Digital Ltd.PAGS680,283 shares · 10.9% of their software$18.8MNew · +$18.9M
• RingCentralRNG185,231 shares · 10.0% of their software · price +$4.2M$17.2MFlat
• Endava plcDAVA542,708 shares · 9.1% of their software$15.7MNew · +$15.5M
• Bandwidth Inc.BAND261,120 shares · 8.1% of their software · price +$4.1M$14.0M−$2.2M
• Five9FIVN294,493 shares · 7.4% of their software · price +$2.7M$12.9M−$1.5M
• i3 Verticals, Inc.IIIV552,128 shares · 7.3% of their software · price +$4.3M$12.7MFlat
• Q2QTWO156,612 shares · 5.5% of their software · price +$548K$9.5M−$2.5M
• SoundThinking, Inc.SSTI142,258 shares · 5.0% of their software · price +$3.3M$8.7M+$572K
• PaylocityPCTY59,689 shares · 2.8% of their software · price +$1.3M$4.8M−$1.9M
• PaycomPAYC26,553 shares · 2.4% of their software · price +$1.5M$4.1MNew · +$2.6M
• The Trade DeskTTD24,631 shares · 2.1% of their software · price +$1.4M$3.7MNew · +$2.3M
• Block, Inc.XYZ36,012 shares · 2.1% of their software · price +$1.3M$3.6MFlat
• CoStarCSGP6,815 shares · 1.7% of their software$2.9MFlat
• TwilioTWLO28,851 shares · 1.4% of their software · price +$873K$2.5MNew · +$1.6M
• VeevaVEEV19,218 shares · 1.2% of their software · price +$615K$2.1MFlat
• OktaOKTA26,229 shares · 1.1% of their software · price +$524K$1.8M+$747K
• AppFolioAPPF20,179 shares · 0.9% of their software$1.6MNew · +$1.2M
• ShopifySHOP7,000 shares · 0.7% of their software$1.2MNew · +$1.0M
• GuidewireGWRE10,661 shares · 0.6% of their software$1.1M−$797K
• MicrosoftMSFT8,660 shares · 0.6% of their software$990KFlat
• GoDaddyGDDY11,700 shares · 0.6% of their software$976KNew · +$826K
• NetApp, Inc.NTAP10,334 shares · 0.5% of their software$888K−$617K
• WorkdayWDAY5,898 shares · 0.5% of their software$861K−$542K
• SPS CommerceSPSC8,280 shares · 0.5% of their software$822KNew · +$608K
• Euronet Worldwide, Inc.EEFT8,112 shares · 0.5% of their software$813KNew · +$680K
• TrimbleTRMB16,000 shares · 0.4% of their software$695KNew · +$525K
• DocuSignDOCU12,552 shares · 0.4% of their software$660KNew · +$665K
• NutanixNTNX15,300 shares · 0.4% of their software$654K−$8.9M
• ServiceNowNOW3,200 shares · 0.4% of their software$626KFlat