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.

• VaronisVRNS+$64.7M$76.2M
• CommvaultCVLT+$51.5M$65.2M
• Core Scientific, Inc.CORZ+$45.0M$57.4M
• MagniteMGNI+$35.5M$47.3M
• NutanixNTNX−$34.7M$48.9M

Software held

• monday.comMNDY377,089 shares · 13.1% of their software · price +$14.0M$105M−$3.0M
• VaronisVRNS1,349,464 shares · 9.6% of their software · price +$11.5M$76.2MNew · +$64.7M
• CommvaultCVLT424,019 shares · 8.2% of their software · price +$13.7M$65.2MNew · +$51.5M
• Core Scientific, Inc.CORZ4,839,303 shares · 7.2% of their software · price +$12.4M$57.4MNew · +$45.0M
• AlkamiALKT1,793,698 shares · 7.1% of their software · price +$5.5M$56.6M+$20.0M
• AppFolioAPPF212,984 shares · 6.3% of their software · price −$2.0M$50.1M−$3.6M
• Clearwater AnalyticsCWAN1,945,851 shares · 6.2% of their software$49.1MNew
• NutanixNTNX825,303 shares · 6.1% of their software · price +$2.0M$48.9M−$34.7M
• MagniteMGNI3,416,828 shares · 5.9% of their software · price +$1.9M$47.3M+$35.5M
• VertexVERX1,011,981 shares · 4.9% of their software · price +$2.5M$39.0M+$14.3M
• WixWIX172,315 shares · 3.6% of their software · price +$1.4M$28.8M+$13.8M
• Agilysys, Inc.AGYS219,940 shares · 3.0% of their software · price +$1.1M$24.0MFlat
• AvePointAVPT1,883,991 shares · 2.8% of their software · price +$2.5M$22.2M+$2.3M
• GuidewireGWRE119,673 shares · 2.7% of their software · price +$5.4M$21.9M+$9.8M
• DocuSignDOCU308,542 shares · 2.4% of their software · price +$2.7M$19.2MNew · +$16.5M
• Fair IsaacFICO9,393 shares · 2.3% of their software · price +$4.3M$18.3M−$2.6M
• Blend Labs, Inc.BLND4,809,441 shares · 2.3% of their software · price +$6.7M$18.0MNew · +$11.4M
• ToastTOST578,747 shares · 2.1% of their software · price +$1.5M$16.4MNew · +$14.9M
• NICENICE64,797 shares · 1.4% of their software$11.3MFlat
• Calix, Inc.CALX258,618 shares · 1.3% of their software · price +$869K$10.0MNew · +$9.2M
• MicrosoftMSFT7,918 shares · 0.4% of their software$3.4M−$1.1M
• Joint Stock Company Kaspi.kzKSPI32,075 shares · 0.4% of their software · price −$738K$3.4M+$1.3M
• Uber Technologies, Inc.UBER17,051 shares · 0.2% of their software$1.3MFlat
• The Trade DeskTTD10,557 shares · 0.1% of their software$1.2MFlat
• ServiceNowNOW807 shares · 0.1% of their software$722KFlat
• Roper Technologies, Inc.ROP1,252 shares · 0.1% of their software$697KFlat
• CloudflareNET8,522 shares · 0.1% of their software$689KFlat
• SynopsysSNPS969 shares · 0.1% of their software$491KFlat
• SPS CommerceSPSC1,480 shares · 0.0% of their software$287KNew · Flat