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 |
TVIX
VelocityShares Daily 2x VIX Short Term ETN
TVIX
|
+$14.8M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$10.5M |
| 3 |
CME Group
CME
|
+$3.73M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.72M |
| 5 |
bluebird bio
BLUE
|
+$3.53M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$35.6M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$8.46M |
| 3 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$7.19M |
| 4 |
ProShares Short VIX Short-Term Futures ETF
SVXY
|
+$6.8M |
| 5 |
ProShares Ultra VIX Short-Term Futures ETF
UVXY
|
+$6.12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.4% |
| 2 | Healthcare | 2.49% |
| 3 | Financials | 1.46% |
| 4 | Technology | 0.76% |
| 5 | Industrials | 0.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
SPDR Gold Trust
GLD
$135B
| $384M | 41.72% |
3,418,100
+2,326,900
| +213% | +$266M |
2014 Q3
3 quarters
|
|
|
2
CALL
SPDR Gold Trust
GLD
$135B
| $343M | 37.27% |
3,053,800
+1,609,600
| +111% | +$184M |
2014 Q3
3 quarters
|
|
3
PUT
iShares Silver Trust
SLV
$25B
| $26.3M | 2.85% |
1,748,600
+1,680,400
| +2,464% | +$26.4M |
2015 Q1
1 quarter
|
|
|
4
CALL
iShares Silver Trust
SLV
$25B
| $20M | 2.17% |
1,329,900
+1,146,300
| +624% | +$18M |
2015 Q1
1 quarter
|
|
|
TVIX
5
DELISTED
VelocityShares Daily 2x VIX Short Term ETN
TVIX
| $13.4M | 1.46% |
+56
| New | +$14.8M |
2015 Q2
0 quarters
|
|
|
6
Vertex Pharmaceuticals
VRTX
$140B
| $10.2M | 1.11% |
+83,000
| New | +$10.5M |
2015 Q2
0 quarters
|
|
|
7
Vanguard Total Bond Market
BND
$166B
| $10.1M | 1.1% |
124,893
-432,584
| -78% | -$35.6M |
2014 Q4
2 quarters
|
|
|
GARS
8
DELISTED
Garrison Capital Inc.
GARS
| $8.68M | 0.94% |
579,192
| – | – |
2014 Q2
4 quarters
|
|
|
9
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $5.17M | 0.56% |
+25,100
| New | +$5.28M |
2015 Q2
0 quarters
|
|
|
10
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $5.17M | 0.56% |
+25,100
| New | +$5.28M |
2015 Q2
0 quarters
|
|
|
CMCSK
11
CALL
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $4.78M | 0.52% |
+79,800
| New | +$4.78M |
2015 Q2
0 quarters
|
|
12
CALL
Magna International
MGA
$16.1B
| $4.16M | 0.45% |
74,200
+21,900
| +42% | +$1.22M |
2015 Q1
1 quarter
|
|
|
13
DELISTED
bluebird bio
BLUE
| $3.78M | 0.41% |
+1,732
| New | +$3.53M |
2015 Q2
0 quarters
|
|
|
14
CME Group
CME
$109B
| $3.72M | 0.4% |
+40,000
| New | +$3.73M |
2015 Q2
0 quarters
|
|
|
15
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $3.64M | 0.4% |
+17,701
| New | +$3.72M |
2015 Q2
0 quarters
|
|
|
16
iShares Silver Trust
SLV
$25B
| $3.52M | 0.38% |
234,040
+195,172
| +502% | +$3.06M |
2015 Q1
1 quarter
|
|
17
Vanguard Short-Term Bond ETF
BSV
$46.6B
| $3.25M | 0.35% |
40,564
-7,729
| -16% | -$620K |
2014 Q4
2 quarters
|
|
18
CALL
Cigna
CI
$79.9B
| $3.05M | 0.33% |
+18,800
| New | +$2.6M |
2015 Q2
0 quarters
|
|
19
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.34B
| $2.89M | 0.31% |
99,865
+62,379
| +166% | +$1.82M |
2014 Q4
2 quarters
|
|
20
PUT
iShares Russell 2000 ETF
IWM
$77.9B
| $2.62M | 0.28% |
21,000
+3,500
| +20% | +$437K |
2014 Q4
2 quarters
|
|
|
XIV
21
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $2.4M | 0.26% |
58,989
-22,240
| -27% | -$952K |
2014 Q4
2 quarters
|
|
22
CALL
Digital Realty Trust
DLR
$68.1B
| $2.38M | 0.26% |
+35,700
| New | +$2.35M |
2015 Q2
0 quarters
|
|
23
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $2.14M | 0.23% |
105,800
+37,300
| +54% | +$771K |
2015 Q1
1 quarter
|
|
|
RMGN
24
DELISTED
RMG Networks Holding Corporation
RMGN
| $2M | 0.22% |
588,663
| – | – |
2013 Q3
7 quarters
|
|
25
iShares 20+ Year Treasury Bond ETF
TLT
$48.5B
| $1.74M | 0.19% |
+14,831
| New | +$1.82M |
2015 Q2
0 quarters
|
|
Similar funds
DRW Securities's Q2 2015 Portfolio in Review
As of Q2 2015, DRW Securities held 154 positions worth $921M, up 43% from $643M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
DRW Securities withdrew a net $31.2M in Q2 2015, closing 43 positions and reducing 22 holdings. Its most notable exit was iShares 3-7 Year Treasury Bond ETF, an estimated $8.46M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Healthcare and Financials.
Against the trend, DRW Securities opened a new position in VelocityShares Daily 2x VIX Short Term ETN worth $13.4M.
- DRW Securities's largest Q2 2015 buy was VelocityShares Daily 2x VIX Short Term ETN: 56 shares worth $13.4M.
- DRW Securities added most to iShares Silver Trust in Q2 2015, an estimated $3.06M increase.
- DRW Securities's biggest Q2 2015 reduction was Vanguard Total Bond Market, cutting an estimated $35.6M.
- DRW Securities fully exited iShares 3-7 Year Treasury Bond ETF in Q2 2015, selling an estimated $8.46M.
- DRW Securities's ten largest holdings make up 90% of its $921M portfolio in Q2 2015.
- DRW Securities opened 53 new positions and closed 43 in Q2 2015.
- DRW Securities's portfolio value rose 43% quarter-over-quarter to $921M.
Based on DRW Securities's 13F filing for Q2 2015, filed 14 Aug 2015.