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+$15.2M$24.2M
• TwilioTWLO+$12.4M$21.0M
• ZscalerZS−$9.3M$22.7M
• NICENICE+$5.9M$6.7M
• Bandwidth Inc.BAND+$5.6M$26.4M

Software held

• Five9FIVN553,259 shares · 13.8% of their software · price +$5.0M$29.2MFlat
• Bandwidth Inc.BAND394,877 shares · 12.5% of their software · price +$10.3M$26.4M+$5.6M
• PagSeguro Digital Ltd.PAGS812,217 shares · 11.4% of their software · price +$9.0M$24.2MNew · +$15.2M
• ZscalerZS320,686 shares · 10.7% of their software · price +$10.2M$22.7M−$9.3M
• TwilioTWLO162,491 shares · 9.9% of their software · price +$6.5M$21.0M+$12.4M
• Endava plcDAVA495,740 shares · 6.4% of their software · price +$1.7M$13.6MFlat
• RingCentralRNG111,674 shares · 5.7% of their software · price +$2.8M$12.0M−$1.4M
• i3 Verticals, Inc.IIIV459,175 shares · 5.2% of their software$11.0M−$581K
• The Trade DeskTTD47,159 shares · 4.4% of their software · price +$3.9M$9.3MNew · +$5.5M
• NICENICE54,647 shares · 3.2% of their software · price +$781K$6.7MNew · +$5.9M
• SoundThinking, Inc.SSTI149,218 shares · 2.7% of their software · price +$1.1M$5.8M+$763K
• MongoDBMDB32,217 shares · 2.2% of their software · price +$2.0M$4.7M+$1.1M
• EVERTEC, Inc.EVTC165,357 shares · 2.2% of their software$4.6MFlat
• PaycomPAYC14,886 shares · 1.3% of their software · price +$993K$2.8M+$678K
• Rapid7RPD43,020 shares · 1.0% of their software · price +$837K$2.2MNew · +$1.3M
• ElasticESTC25,892 shares · 1.0% of their software$2.1MFlat
• SPS CommerceSPSC15,770 shares · 0.8% of their software$1.7MNew · +$1.3M
• OktaOKTA20,088 shares · 0.8% of their software$1.7M−$3.0M
• TrimbleTRMB39,200 shares · 0.7% of their software$1.6M+$787K
• StoneCo Ltd.STNE36,800 shares · 0.7% of their software · price +$834K$1.5MNew · +$679K
• Digital TurbineAPPS410,730 shares · 0.7% of their software · price +$686K$1.4MNew · +$752K
• PaylocityPCTY12,820 shares · 0.5% of their software$1.1MNew · +$772K
• MicrosoftMSFT8,231 shares · 0.5% of their software$971KFlat
• Euronet Worldwide, Inc.EEFT4,434 shares · 0.3% of their software$632KFlat
• Block, Inc.XYZ7,972 shares · 0.3% of their software$597KFlat
• VeevaVEEV4,013 shares · 0.2% of their software$509KFlat
• ServiceNowNOW1,900 shares · 0.2% of their software$468KFlat
• DocuSignDOCU8,923 shares · 0.2% of their software$463KFlat
• Automatic Data Processing, Inc.ADP2,105 shares · 0.2% of their software$336KFlat
• OracleORCL5,874 shares · 0.1% of their software$315KNew · Flat
• CoStarCSGP597 shares · 0.1% of their software$278KNew · Flat