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.

• FreshworksFRSH+$55.1M$55.1M
• DLocal LimitedDLO+$46.3M$48.1M
• UnityU+$27.8M$32.0M
• ZscalerZS+$23.5M$50.9M
• Sprout SocialSPT+$22.4M$51.3M

Software held

• Calix, Inc.CALX2,031,534 shares · 12.6% of their software · price +$3.9M$100M+$10.1M
• Endava plcDAVA602,163 shares · 10.3% of their software · price +$13.5M$81.8M+$5.6M
• monday.comMNDY200,710 shares · 8.2% of their software · price +$20.6M$65.5M+$11.7M
• DoceboDCBO894,323 shares · 8.2% of their software · price +$12.3M$65.1M+$8.6M
• FreshworksFRSH1,291,253 shares · 6.9% of their software$55.1MNew · +$55.1M
• Sprout SocialSPT420,487 shares · 6.4% of their software · price +$13.7M$51.3M+$22.4M
• ZscalerZS194,268 shares · 6.4% of their software · price +$9.0M$50.9M+$23.5M
• DLocal LimitedDLO881,892 shares · 6.0% of their software · price +$1.8M$48.1MNew · +$46.3M
• TeradataTDC670,258 shares · 4.8% of their software · price +$4.9M$38.4M+$7.2M
• PagSeguro Digital Ltd.PAGS620,275 shares · 4.0% of their software · price −$2.6M$32.1M−$21.9M
• UnityU253,127 shares · 4.0% of their software · price +$4.2M$32.0MNew · +$27.8M
• MongoDBMDB63,440 shares · 3.8% of their software · price +$7.0M$29.9M+$22.0M
• VaronisVRNS385,877 shares · 2.9% of their software · price +$1.2M$23.5MNew · +$22.2M
• PhreesiaPHR375,008 shares · 2.9% of their software$23.1MFlat
• BILLBILL64,910 shares · 2.2% of their software · price +$5.4M$17.3MNew · +$11.9M
• HubSpotHUBS24,269 shares · 2.1% of their software · price +$2.3M$16.4M+$12.1M
• FlywireFLYW326,092 shares · 1.8% of their software · price +$2.3M$14.3MNew · +$12.0M
• ElasticESTC82,438 shares · 1.5% of their software$12.3MNew · +$12.0M
• TrimbleTRMB139,051 shares · 1.4% of their software$11.4M+$8.5M
• Kaltura, Inc.KLTR909,455 shares · 1.2% of their software$9.4MNew · +$9.4M
• CS Disco, Inc.LAW184,346 shares · 1.1% of their software$8.8MNew · +$8.8M
• Five9FIVN51,793 shares · 1.0% of their software · price −$1.2M$8.3M−$20.7M
• MicrosoftMSFT5,255 shares · 0.2% of their software$1.5MFlat
• Paychex, Inc.PAYX3,395 shares · 0.0% of their software$382KNew · Flat