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 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$5.57M |
| 2 |
ProShares Ultra QQQ
QLD
|
+$5.3M |
| 3 |
Vanguard Total Bond Market
BND
|
+$5.19M |
| 4 |
Direxion Daily Small Cap Bear 3x ETF
TZA
|
+$2.9M |
| 5 |
ProShares UltraShort S&P500
SDS
|
+$2.84M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$89.7M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$14.2M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$12.9M |
| 4 |
Mastercard
MA
|
+$9.8M |
| 5 |
XIV
VelocityShares Daily Inverse VIX Short Term ETN
XIV
|
+$9.42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 98.63% |
| 2 | Financials | 0.76% |
| 3 | Healthcare | 0.32% |
| 4 | Industrials | 0.16% |
| 5 | Technology | 0.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
CALL
SPDR Gold Trust
GLD
$130B
| $401M | 27.34% |
3,195,200
-832,600
| -21% | -$106M |
2014 Q3
8 quarters
|
|
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $273M | 18.58% |
1,261,000
+145,800
| +13% | +$31.5M |
2016 Q1
2 quarters
|
|
|
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $264M | 17.96% |
1,218,800
+278,100
| +30% | +$60.1M |
2016 Q1
2 quarters
|
|
|
4
PUT
SPDR Gold Trust
GLD
$130B
| $221M | 15.05% |
1,758,700
-659,100
| -27% | -$84M |
2014 Q3
8 quarters
|
|
|
5
SPDR Gold Trust
GLD
$130B
| $114M | 7.77% |
908,270
-14,000
| -2% | -$1.78M |
2015 Q4
3 quarters
|
|
6
CALL
IBM
IBM
$244B
| $37.4M | 2.55% |
+246,333
| New | +$37.4M |
2016 Q3
0 quarters
|
|
7
CALL
iShares Silver Trust
SLV
$24B
| $20.7M | 1.41% |
1,135,400
+121,700
| +12% | +$2.27M |
2015 Q1
6 quarters
|
|
|
8
PUT
iShares Silver Trust
SLV
$24B
| $19.8M | 1.35% |
1,086,900
+25,400
| +2% | +$473K |
2015 Q1
6 quarters
|
|
|
9
iShares Silver Trust
SLV
$24B
| $18.4M | 1.25% |
1,010,026
-37,148
| -4% | -$692K |
2015 Q4
3 quarters
|
|
10
CALL
American Express
AXP
$214B
| $9.6M | 0.65% |
+150,000
| New | +$9.6M |
2016 Q3
0 quarters
|
|
|
GARS
11
DELISTED
Garrison Capital Inc.
GARS
| $5.8M | 0.4% |
572,917
| – | – |
2014 Q2
9 quarters
|
|
|
12
ProShares Ultra QQQ
QLD
$13.1B
| $5.61M | 0.38% |
+1,037,024
| New | +$5.3M |
2016 Q3
0 quarters
|
|
|
13
iShares 0-1 Year Treasury Bond ETF
SHV
$23.6B
| $5.57M | 0.38% |
+50,444
| New | +$5.57M |
2016 Q3
0 quarters
|
|
14
CALL
NXP Semiconductors
NXPI
$65.4B
| $5.23M | 0.36% |
+51,300
| New | +$4.35M |
2016 Q3
0 quarters
|
|
|
15
Vanguard Total Bond Market
BND
$165B
| $5.19M | 0.35% |
+61,645
| New | +$5.19M |
2016 Q3
0 quarters
|
|
16
CME Group
CME
$109B
| $4.18M | 0.28% |
40,000
| – | – |
2015 Q2
5 quarters
|
|
17
iShares 3-7 Year Treasury Bond ETF
IEI
$17.1B
| $3.01M | 0.21% |
23,783
-7,734
| -25% | -$979K |
2016 Q1
2 quarters
|
|
|
18
Direxion Daily Small Cap Bear 3x ETF
TZA
$226M
| $2.93M | 0.2% |
273
+245
| +875% | +$2.9M |
2016 Q2
1 quarter
|
|
|
XIV
19
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $2.93M | 0.2% |
78,173
-274,928
| -78% | -$9.42M |
2014 Q4
7 quarters
|
|
|
20
ProShares UltraShort S&P500
SDS
$383M
| $2.8M | 0.19% |
+1,707
| New | +$2.84M |
2016 Q3
0 quarters
|
|
21
ProShares Short S&P500
SH
$939M
| $2.58M | 0.18% |
+16,938
| New | +$2.6M |
2016 Q3
0 quarters
|
|
22
CALL
Wabtec
WAB
$47.2B
| $2.54M | 0.17% |
+31,100
| New | +$2.28M |
2016 Q3
0 quarters
|
|
23
CALL
Walt Disney
DIS
$192B
| $2.51M | 0.17% |
+27,000
| New | +$2.59M |
2016 Q3
0 quarters
|
|
24
CALL
Synchrony
SYF
$24.5B
| $2.16M | 0.15% |
+77,100
| New | +$2.12M |
2016 Q3
0 quarters
|
|
|
RMGN
25
DELISTED
RMG Networks Holding Corporation
RMGN
| $2.07M | 0.14% |
588,663
| – | – |
2013 Q3
12 quarters
|
|
Similar funds
DRW Securities's Q3 2016 Portfolio in Review
As of Q3 2016, DRW Securities held 118 positions worth $1.47B, down 11% from $1.66B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
DRW Securities withdrew a net $126M in Q3 2016, closing 37 positions and reducing 15 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $89.7M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, up from 98% a quarter earlier, followed by Financials and Healthcare.
Against the trend, DRW Securities opened a new position in iShares 0-1 Year Treasury Bond ETF worth $5.57M.
- DRW Securities's largest Q3 2016 buy was iShares 0-1 Year Treasury Bond ETF: 50,444 shares worth $5.57M.
- DRW Securities added most to Direxion Daily Small Cap Bear 3x ETF in Q3 2016, an estimated $2.9M increase.
- DRW Securities's biggest Q3 2016 reduction was VelocityShares Daily Inverse VIX Short Term ETN, cutting an estimated $9.42M.
- DRW Securities fully exited State Street SPDR S&P 500 ETF Trust in Q3 2016, selling an estimated $89.7M.
- DRW Securities's ten largest holdings make up 94% of its $1.47B portfolio in Q3 2016.
- DRW Securities opened 43 new positions and closed 37 in Q3 2016.
- DRW Securities's portfolio value fell 11% quarter-over-quarter to $1.47B.
Based on DRW Securities's 13F filing for Q3 2016, filed 14 Nov 2016.