DRW Securities Portfolio holdings
DRW Securities is a majority-owned subsidiary of the proprietary trading firm DRW and engages in proprietary trading itself. DRW began in 1992 under Don Wilson, who had traded options at the Chicago Mercantile Exchange, and takes its name from his initials. The group builds its trading on modeling, technology and research, and is active on exchanges on five continents across a wide variety of products. Its other businesses include Cumberland DRW, launched in 2014 as a crypto trading counterparty for institutional investors, DRW Venture Capital, which invests in fintech companies, and Convexity Properties, a real estate investor started in 2008. DRW also bought the trading firm Chopper Trading in 2015.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$242M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$100M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$92.2M |
| 4 |
iShares MSCI South Korea ETF
EWY
|
+$85.6M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$70M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$46.5M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$44.8M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
+$43.6M |
| 4 |
Baron First Principles ETF
RONB
|
+$29.9M |
| 5 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$21.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.39% |
| 2 | Technology | 0.23% |
| 3 | Financials | 0.12% |
| 4 | Communication Services | 0.09% |
| 5 | Consumer Discretionary | 0.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.17B
| $8.05M | ﹤0.01% |
44,900
| – | – |
2025 Q4
3 quarters
|
|
102
iShares MSCI China ETF
MCHI
$5.56B
| $8.04M | ﹤0.01% |
+154,138
| New | +$8.33M |
2026 Q3
0 quarters
|
|
103
SPDR Gold Trust
GLD
$130B
| $7.8M | ﹤0.01% |
20,468
+12,179
| +147% | +$4.76M |
2025 Q4
3 quarters
|
|
104
Vistra
VST
$45.1B
| $7.73M | ﹤0.01% |
55,887
+42,465
| +316% | +$6.25M |
2024 Q3
8 quarters
|
|
105
iShares China Large-Cap ETF
FXI
$3.84B
| $7.53M | ﹤0.01% |
221,442
-380,817
| -63% | -$13.3M |
2025 Q3
4 quarters
|
|
106
PUT
iShares Bitcoin Trust
IBIT
$55.2B
| $7.47M | ﹤0.01% |
157,800
-4,404,300
| -97% | -$178M |
2025 Q3
4 quarters
|
|
107
PUT
Citigroup
C
$205B
| $7.45M | ﹤0.01% |
57,500
+28,200
| +96% | +$3.8M |
2025 Q2
5 quarters
|
|
108
Intel
INTC
$317B
| $7.41M | ﹤0.01% |
+61,615
| New | +$6.28M |
2026 Q3
0 quarters
|
|
109
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $7.2M | ﹤0.01% |
+121,465
| New | +$7.25M |
2026 Q3
0 quarters
|
|
110
ASML
ASML
$576B
| $7.01M | ﹤0.01% |
+3,867
| New | +$6.7M |
2026 Q3
0 quarters
|
|
111
Huntington Bancshares
HBAN
$31.9B
| $6.99M | ﹤0.01% |
458,090
+134,414
| +42% | +$2.3M |
2025 Q2
5 quarters
|
|
112
CALL
British American Tobacco
BTI
$133B
| $6.94M | ﹤0.01% |
+127,600
| New | +$7.4M |
2026 Q3
0 quarters
|
|
113
State Street Health Care Select Sector SPDR ETF
XLV
$51B
| $6.87M | ﹤0.01% |
40,764
+23,376
| +134% | +$3.9M |
2026 Q2
1 quarter
|
|
114
GE Vernova
GEV
$213B
| $6.85M | ﹤0.01% |
7,211
+6,805
| +1,676% | +$6.74M |
2025 Q4
3 quarters
|
|
|
115
PUT
iShares MSCI South Korea ETF
EWY
$20.9B
| $6.76M | ﹤0.01% |
+37,000
| New | +$6.51M |
2026 Q3
0 quarters
|
|
116
Truist Financial
TFC
$59.9B
| $6.74M | ﹤0.01% |
145,576
+131,292
| +919% | +$6.67M |
2023 Q4
11 quarters
|
|
117
iShares Silver Trust
SLV
$23.8B
| $6.65M | ﹤0.01% |
+121,919
| New | +$6.91M |
2026 Q3
0 quarters
|
|
118
VanEck Semiconductor ETF
SMH
$63B
| $6.47M | ﹤0.01% |
+10,619
| New | +$6.08M |
2026 Q3
0 quarters
|
|
119
Generac Holdings
GNRC
$11.3B
| $6.46M | ﹤0.01% |
+31,197
| New | +$6.48M |
2026 Q3
0 quarters
|
|
120
PUT
Salesforce
CRM
$179B
| $6.45M | ﹤0.01% |
+28,100
| New | +$5.8M |
2026 Q3
0 quarters
|
|
121
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.42B
| $6.29M | ﹤0.01% |
97,958
| – | – |
2025 Q4
3 quarters
|
|
|
122
Citigroup
C
$205B
| $6.29M | ﹤0.01% |
48,589
+37,872
| +353% | +$5.1M |
2024 Q1
10 quarters
|
|
123
CleanSpark
CLSK
$1.71B
| $6.11M | ﹤0.01% |
+474,588
| New | +$6.22M |
2026 Q3
0 quarters
|
|
124
iShares 1-3 Year Treasury Bond ETF
SHY
$27.4B
| $6.09M | ﹤0.01% |
+74,979
| New | +$6.13M |
2026 Q3
0 quarters
|
|
125
Core Scientific
CORZ
$4.68B
| $5.99M | ﹤0.01% |
+374,763
| New | +$7.38M |
2026 Q3
0 quarters
|
|
Similar funds
DRW Securities's Q3 2026 Portfolio in Review
As of Q3 2026, DRW Securities held 1,400 positions worth $170B, up 4,022% from $4.11B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
DRW Securities's Q3 2026 filing shows 472 new, 195 increased, 181 reduced and 514 closed positions. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 787,154 shares worth $63.9M. The largest sale was Invesco QQQ Trust, an estimated $46.5M.
By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, up from 81% a quarter earlier, followed by Technology and Financials.
- DRW Securities's largest Q3 2026 buy was iShares Core MSCI Emerging Markets ETF: 787,154 shares worth $63.9M.
- DRW Securities added most to State Street SPDR S&P 500 ETF Trust in Q3 2026, an estimated $242M increase.
- DRW Securities's biggest Q3 2026 reduction was Invesco QQQ Trust, cutting an estimated $46.5M.
- DRW Securities fully exited Baron First Principles ETF in Q3 2026, selling an estimated $29.9M.
- DRW Securities's ten largest holdings make up 98% of its $170B portfolio in Q3 2026.
- DRW Securities opened 472 new positions and closed 514 in Q3 2026.
- DRW Securities's portfolio value rose 4,022% quarter-over-quarter to $170B.
Based on DRW Securities's 13F filing for Q3 2026, filed 13 Nov 2026.