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 |
SPDR Gold Trust
GLD
|
+$32.7M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$22.5M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$22.4M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$15.2M |
| 5 |
iShares Silver Trust
SLV
|
+$11.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$7.87M |
| 2 |
Pfizer
PFE
|
+$3.14M |
| 3 |
MSLI
Merus Labs International Inc.
MSLI
|
+$2.31M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.82M |
| 5 |
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$1.55M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 97.6% |
| 2 | Healthcare | 1.27% |
| 3 | Financials | 0.67% |
| 4 | Industrials | 0.2% |
| 5 | Technology | 0.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
CALL
SPDR Gold Trust
GLD
$133B
| $572M | 34.97% |
4,858,400
+75,900
| +2% | +$8.6M |
2014 Q3
6 quarters
|
|
|
2
PUT
SPDR Gold Trust
GLD
$133B
| $432M | 26.46% |
3,675,100
+816,500
| +29% | +$92.5M |
2014 Q3
6 quarters
|
|
|
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $185M | 11.35% |
+902,500
| New | +$176M |
2016 Q1
0 quarters
|
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $93.4M | 5.71% |
454,356
+114,642
| +34% | +$22.4M |
2015 Q4
1 quarter
|
|
|
5
SPDR Gold Trust
GLD
$133B
| $76.2M | 4.67% |
648,054
+288,280
| +80% | +$32.7M |
2015 Q4
1 quarter
|
|
|
6
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $73.2M | 4.48% |
+356,200
| New | +$69.5M |
2016 Q1
0 quarters
|
|
|
7
Invesco QQQ Trust
QQQ
$468B
| $23.7M | 1.45% |
+217,010
| New | +$22.5M |
2016 Q1
0 quarters
|
|
|
8
iShares 0-1 Year Treasury Bond ETF
SHV
$21.3B
| $18.2M | 1.11% |
164,995
+137,580
| +502% | +$15.2M |
2015 Q3
2 quarters
|
|
|
9
PUT
iShares Silver Trust
SLV
$25.1B
| $16.7M | 1.02% |
1,135,400
+148,100
| +15% | +$2.1M |
2015 Q1
4 quarters
|
|
|
10
iShares Silver Trust
SLV
$25.1B
| $16M | 0.98% |
1,086,996
+839,151
| +339% | +$11.9M |
2015 Q4
1 quarter
|
|
|
11
CALL
iShares Silver Trust
SLV
$25.1B
| $11.8M | 0.72% |
803,200
-652,800
| -45% | -$9.27M |
2015 Q1
4 quarters
|
|
12
iShares Russell 2000 ETF
IWM
$78.6B
| $11.8M | 0.72% |
+106,318
| New | +$11M |
2016 Q1
0 quarters
|
|
|
SHPG
13
DELISTED
Shire pic
SHPG
| $9.02M | 0.55% |
+52,500
| New | +$8.79M |
2016 Q1
0 quarters
|
|
14
iShares 1-3 Year Treasury Bond ETF
SHY
$27.4B
| $9.02M | 0.55% |
106,118
-9,871
| -9% | -$837K |
2015 Q4
1 quarter
|
|
15
CALL
Yum! Brands
YUM
$43B
| $7.79M | 0.48% |
+132,423
| New | +$6.95M |
2016 Q1
0 quarters
|
|
|
GARS
16
DELISTED
Garrison Capital Inc.
GARS
| $6.11M | 0.37% |
569,817
+5,037
| +0.9% | +$56.2K |
2014 Q2
7 quarters
|
|
|
VA
17
CALL
DELISTED
Virgin America Inc.
VA
| $5.9M | 0.36% |
+153,100
| New | +$4.77M |
2016 Q1
0 quarters
|
|
18
CALL
JetBlue
JBLU
$1.52B
| $4.51M | 0.28% |
+213,500
| New | +$4.49M |
2016 Q1
0 quarters
|
|
|
XIV
19
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $4.2M | 0.26% |
162,191
+21,281
| +15% | +$438K |
2014 Q4
5 quarters
|
|
20
CALL
American International
AIG
$43B
| $4.05M | 0.25% |
+75,000
| New | +$4.05M |
2016 Q1
0 quarters
|
|
21
CME Group
CME
$113B
| $3.84M | 0.24% |
40,000
| – | – |
2015 Q2
3 quarters
|
|
22
iShares 3-7 Year Treasury Bond ETF
IEI
$16.9B
| $3.44M | 0.21% |
+27,312
| New | +$3.41M |
2016 Q1
0 quarters
|
|
23
CALL
MetLife
MET
$64.7B
| $2.86M | 0.17% |
+72,930
| New | +$2.73M |
2016 Q1
0 quarters
|
|
|
RMGN
24
DELISTED
RMG Networks Holding Corporation
RMGN
| $2.76M | 0.17% |
588,663
| – | – |
2013 Q3
10 quarters
|
|
25
iShares 7-10 Year Treasury Bond ETF
IEF
$44.2B
| $2.74M | 0.17% |
24,834
+2,150
| +9% | +$234K |
2014 Q4
5 quarters
|
|
Similar funds
DRW Securities's Q1 2016 Portfolio in Review
As of Q1 2016, DRW Securities held 103 positions worth $1.63B, up 62% from $1.01B the previous quarter. Its ten largest holdings account for 92% of the portfolio.
DRW Securities deployed $114M of net new capital in Q1 2016, opening 27 new positions and adding to 16 existing holdings. Its largest new stake was Invesco QQQ Trust: 217,010 shares worth $23.7M.
By sector, the portfolio is most concentrated in Miscellaneous at 98% of assets, up from 96% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Allergan plc, an estimated $7.87M trimmed.
- DRW Securities's largest Q1 2016 buy was Invesco QQQ Trust: 217,010 shares worth $23.7M.
- DRW Securities added most to SPDR Gold Trust in Q1 2016, an estimated $32.7M increase.
- DRW Securities's biggest Q1 2016 reduction was Allergan plc, cutting an estimated $7.87M.
- DRW Securities fully exited iShares 20+ Year Treasury Bond ETF in Q1 2016, selling an estimated $1.82M.
- DRW Securities's ten largest holdings make up 92% of its $1.63B portfolio in Q1 2016.
- DRW Securities opened 27 new positions and closed 23 in Q1 2016.
- DRW Securities's portfolio value rose 62% quarter-over-quarter to $1.63B.
Based on DRW Securities's 13F filing for Q1 2016, filed 16 May 2016.