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 Core S&P 500 ETF
IVV
|
+$13.1M |
| 2 |
SPDR Gold Trust
GLD
|
+$9.13M |
| 3 |
ProShares Short S&P500
SH
|
+$4.72M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$2.71M |
| 5 |
Direxion Daily S&P 500 Bear 3x ETF
SPXS
|
+$2.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$354M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$12.5M |
| 3 |
iShares MSCI Turkey ETF
TUR
|
+$6.76M |
| 4 |
ProShares Ultra S&P500
SSO
|
+$5.54M |
| 5 |
ProShares UltraPro QQQ
TQQQ
|
+$5.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 98.98% |
| 2 | Financials | 0.67% |
| 3 | Healthcare | 0.27% |
| 4 | Technology | 0.04% |
| 5 | Industrials | 0.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
CALL
SPDR Gold Trust
GLD
$135B
| $139M | 24.25% |
1,177,600
+1,107,100
| +1,570% | +$132M |
2014 Q3
11 quarters
|
|
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $137M | 23.86% |
565,600
+461,900
| +445% | +$111M |
2016 Q1
5 quarters
|
|
|
3
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $59.5M | 10.38% |
+245,900
| New | +$58.9M |
2017 Q2
0 quarters
|
|
|
4
PUT
SPDR Gold Trust
GLD
$135B
| $49.4M | 8.62% |
418,500
+162,800
| +64% | +$19.5M |
2014 Q3
11 quarters
|
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$816B
| $44.9M | 7.84% |
185,700
-1,476,474
| -89% | -$354M |
2016 Q4
2 quarters
|
|
|
6
SPDR Gold Trust
GLD
$135B
| $35.9M | 6.27% |
304,264
+76,286
| +33% | +$9.13M |
2017 Q1
1 quarter
|
|
7
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $23M | 4.01% |
+450,500
| New | +$26M |
2017 Q2
0 quarters
|
|
|
8
iShares Core S&P 500 ETF
IVV
$885B
| $13.2M | 2.31% |
+54,352
| New | +$13.1M |
2017 Q2
0 quarters
|
|
9
CALL
iShares Silver Trust
SLV
$25.4B
| $10.7M | 1.87% |
681,500
+639,800
| +1,534% | +$10.4M |
2015 Q1
9 quarters
|
|
|
10
ProShares Short S&P500
SH
$921M
| $4.66M | 0.81% |
+34,749
| New | +$4.72M |
2017 Q2
0 quarters
|
|
|
11
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $3.91M | 0.68% |
+76,675
| New | +$4.43M |
2017 Q2
0 quarters
|
|
|
GARS
12
DELISTED
Garrison Capital Inc.
GARS
| $3.59M | 0.63% |
434,262
-132,055
| -23% | -$1.2M |
2014 Q2
12 quarters
|
|
|
ILG
13
CALL
DELISTED
ILG, Inc Common Stock
ILG
| $3.35M | 0.58% |
+121,800
| New | +$3.08M |
2017 Q2
0 quarters
|
|
|
14
iShares 0-1 Year Treasury Bond ETF
SHV
$23.5B
| $3.11M | 0.54% |
28,218
+24,539
| +667% | +$2.71M |
2016 Q3
3 quarters
|
|
|
15
PUT
iShares Silver Trust
SLV
$25.4B
| $3.06M | 0.53% |
+195,100
| New | +$3.18M |
2017 Q2
0 quarters
|
|
16
ProShares UltraShort QQQ
QID
$290M
| $2.75M | 0.48% |
1,971
+996
| +102% | +$1.41M |
2016 Q4
2 quarters
|
|
17
Vanguard Total Bond Market
BND
$164B
| $2.32M | 0.4% |
28,329
+10,589
| +60% | +$865K |
2017 Q1
1 quarter
|
|
|
18
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$322M
| $2.11M | 0.37% |
+510
| New | +$2.19M |
2017 Q2
0 quarters
|
|
|
19
iShares Silver Trust
SLV
$25.4B
| $1.88M | 0.33% |
119,422
+90,000
| +306% | +$1.47M |
2015 Q4
6 quarters
|
|
20
CALL
AstraZeneca
AZN
$270B
| $1.86M | 0.32% |
+27,250
| New | +$1.78M |
2017 Q2
0 quarters
|
|
21
CALL
GSK
GSK
$97.5B
| $1.83M | 0.32% |
+34,000
| New | +$1.81M |
2017 Q2
0 quarters
|
|
|
CPN
22
CALL
DELISTED
Calpine Corporation
CPN
| $1.81M | 0.32% |
+134,000
| New | +$1.61M |
2017 Q2
0 quarters
|
|
23
Direxion Daily Small Cap Bear 3x ETF
TZA
$215M
| $1.63M | 0.29% |
+250
| New | +$1.75M |
2017 Q2
0 quarters
|
|
24
CALL
Deckers Outdoor
DECK
$11.3B
| $1.52M | 0.26% |
+133,200
| New | +$1.39M |
2017 Q2
0 quarters
|
|
25
PUT
Merck
MRK
$361B
| $1.24M | 0.22% |
+20,331
| New | +$1.24M |
2017 Q2
0 quarters
|
|
Similar funds
DRW Securities's Q2 2017 Portfolio in Review
As of Q2 2017, DRW Securities held 115 positions worth $573M, up 0.22% from $572M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
DRW Securities withdrew a net $385M in Q2 2017, closing 44 positions and reducing 5 holdings. Its most notable exit was iShares MSCI South Korea ETF, an estimated $12.5M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, up from 97% a quarter earlier, followed by Financials and Healthcare.
Against the trend, DRW Securities opened a new position in iShares Core S&P 500 ETF worth $13.2M.
- DRW Securities's largest Q2 2017 buy was iShares Core S&P 500 ETF: 54,352 shares worth $13.2M.
- DRW Securities added most to SPDR Gold Trust in Q2 2017, an estimated $9.13M increase.
- DRW Securities's biggest Q2 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $354M.
- DRW Securities fully exited iShares MSCI South Korea ETF in Q2 2017, selling an estimated $12.5M.
- DRW Securities's ten largest holdings make up 90% of its $573M portfolio in Q2 2017.
- DRW Securities opened 43 new positions and closed 44 in Q2 2017.
- DRW Securities's portfolio value rose 0.22% quarter-over-quarter to $573M.
Based on DRW Securities's 13F filing for Q2 2017, filed 15 Aug 2017.