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 | |
|---|---|---|---|---|---|---|---|
126
JPMorgan Chase
JPM
$919B
| $5.94M | ﹤0.01% |
17,958
-10,798
| -38% | -$3.78M |
2021 Q1
22 quarters
|
|
|
127
Invesco QQQ Trust
QQQ
$461B
| $5.9M | ﹤0.01% |
7,978
-65,033
| -89% | -$46.5M |
2025 Q2
5 quarters
|
|
128
iShares MSCI World ETF
URTH
$9.7B
| $5.87M | ﹤0.01% |
28,461
-5,199
| -15% | -$1.07M |
2026 Q1
2 quarters
|
|
129
Empery Digital
EMPD
$56.7M
| $5.68M | ﹤0.01% |
1,886,847
| – | – |
2025 Q3
4 quarters
|
|
130
Arista Networks
ANET
$249B
| $5.57M | ﹤0.01% |
+27,379
| New | +$5.15M |
2026 Q3
0 quarters
|
|
131
Idaho Strategic Resources
IDR
$295M
| $5.55M | ﹤0.01% |
198,205
+122,982
| +163% | +$3.78M |
2025 Q4
3 quarters
|
|
132
ProShares Ultra QQQ
QLD
$12.3B
| $5.48M | ﹤0.01% |
+57,343
| New | +$5.17M |
2026 Q3
0 quarters
|
|
133
CALL
Delta Air Lines
DAL
$56.7B
| $5.42M | ﹤0.01% |
+65,000
| New | +$5.51M |
2026 Q3
0 quarters
|
|
134
iShares 7-10 Year Treasury Bond ETF
IEF
$43.7B
| $5.38M | ﹤0.01% |
+60,210
| New | +$5.57M |
2026 Q3
0 quarters
|
|
135
Canton Strategic Holdings
CNTN
$136M
| $5.28M | ﹤0.01% |
2,224,618
+500,000
| +29% | +$1.1M |
2026 Q2
1 quarter
|
|
136
News Corp Class A
NWSA
$14.5B
| $5.25M | ﹤0.01% |
183,241
-1,211
| -0.7% | -$35K |
2026 Q1
2 quarters
|
|
137
Fox Class B
FOX
$25.8B
| $5.11M | ﹤0.01% |
+90,752
| New | +$5.05M |
2026 Q3
0 quarters
|
|
138
Applied Optoelectronics
AAOI
$4.53B
| $5.03M | ﹤0.01% |
50,676
+37,814
| +294% | +$4.24M |
2026 Q2
1 quarter
|
|
|
139
iShares MSCI Brazil ETF
EWZ
$9.32B
| $4.78M | ﹤0.01% |
128,268
-1,209,162
| -90% | -$43.6M |
2026 Q1
2 quarters
|
|
140
PUT
Uber
UBER
$142B
| $4.75M | ﹤0.01% |
69,400
| – | – |
2026 Q1
2 quarters
|
|
141
CALL
Cipher Digital
CIFR
$3.13B
| $4.75M | ﹤0.01% |
+300,000
| New | +$5.57M |
2026 Q3
0 quarters
|
|
142
Trip.com Group
TCOM
$27.4B
| $4.64M | ﹤0.01% |
118,776
+96,787
| +440% | +$4.17M |
2025 Q4
3 quarters
|
|
143
Vodafone
VOD
$35.6B
| $4.5M | ﹤0.01% |
278,596
+41,382
| +17% | +$658K |
2024 Q2
9 quarters
|
|
144
Sandisk
SNDK
$126B
| $4.43M | ﹤0.01% |
2,544
+2,031
| +396% | +$3.18M |
2026 Q2
1 quarter
|
|
145
CALL
First Solar
FSLR
$18.4B
| $4.38M | ﹤0.01% |
+25,000
| New | +$5.29M |
2026 Q3
0 quarters
|
|
146
MetLife
MET
$64.5B
| $4.35M | ﹤0.01% |
46,242
+26,070
| +129% | +$2.49M |
2026 Q2
1 quarter
|
|
|
147
Cipher Digital
CIFR
$3.13B
| $4.26M | ﹤0.01% |
+269,042
| New | +$5M |
2026 Q3
0 quarters
|
|
148
Invesco S&P 500 Equal Weight ETF
RSP
$103B
| $4.21M | ﹤0.01% |
+20,239
| New | +$4.37M |
2026 Q3
0 quarters
|
|
149
Visa
V
$794B
| $4.16M | ﹤0.01% |
11,577
+10,679
| +1,189% | +$3.9M |
2022 Q1
18 quarters
|
|
150
GSK
GSK
$101B
| $4.08M | ﹤0.01% |
84,730
-29,400
| -26% | -$1.5M |
2025 Q3
4 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.