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 |
ProShares UltraPro QQQ
TQQQ
|
+$12.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.4M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$10.5M |
| 4 |
ProShares Ultra QQQ
QLD
|
+$8.14M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$4.15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$36.5M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$13.2M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$3.11M |
| 4 |
ProShares UltraShort QQQ
QID
|
+$2.75M |
| 5 |
ProShares Short S&P500
SH
|
+$2.56M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 97.29% |
| 2 | Financials | 1.23% |
| 3 | Healthcare | 1.16% |
| 4 | Consumer Discretionary | 0.13% |
| 5 | Communication Services | 0.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $130M | 39.97% |
516,200
-49,400
| -9% | -$12.2M |
2016 Q1
6 quarters
|
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $58.2M | 17.95% |
231,784
+46,084
| +25% | +$11.4M |
2016 Q4
3 quarters
|
|
|
3
CALL
SPDR Gold Trust
GLD
$133B
| $24.9M | 7.68% |
204,800
-972,800
| -83% | -$118M |
2014 Q3
12 quarters
|
|
|
4
ProShares UltraPro QQQ
TQQQ
$33.6B
| $13.2M | 4.06% |
+2,768,544
| New | +$12.7M |
2017 Q3
0 quarters
|
|
5
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $11.9M | 3.66% |
303,300
+226,625
| +296% | +$10.5M |
2017 Q2
1 quarter
|
|
|
6
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $11.5M | 3.54% |
293,200
-157,300
| -35% | -$7.3M |
2017 Q2
1 quarter
|
|
|
7
Invesco QQQ Trust
QQQ
$468B
| $10.7M | 3.3% |
+73,503
| New | +$10.5M |
2017 Q3
0 quarters
|
|
|
8
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $9.9M | 3.07% |
39,600
-206,300
| -84% | -$50.9M |
2017 Q2
1 quarter
|
|
|
9
ProShares Ultra QQQ
QLD
$12.6B
| $9.1M | 2.81% |
1,134,264
+1,044,232
| +1,160% | +$8.14M |
2017 Q2
1 quarter
|
|
|
10
PUT
SPDR Gold Trust
GLD
$133B
| $7.94M | 2.45% |
65,300
-353,200
| -84% | -$43M |
2014 Q3
12 quarters
|
|
|
11
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.5B
| $4.16M | 1.28% |
+34,339
| New | +$4.15M |
2017 Q3
0 quarters
|
|
|
GARS
12
DELISTED
Garrison Capital Inc.
GARS
| $3.66M | 1.13% |
434,262
| – | – |
2014 Q2
13 quarters
|
|
13
ProShares UltraPro S&P 500
UPRO
$5.37B
| $3.29M | 1.01% |
169,482
+153,168
| +939% | +$2.8M |
2016 Q4
3 quarters
|
|
14
iShares Silver Trust
SLV
$25.1B
| $2.12M | 0.65% |
134,422
+15,000
| +13% | +$239K |
2015 Q4
7 quarters
|
|
15
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $2.04M | 0.63% |
+31,360
| New | +$1.75M |
2017 Q3
0 quarters
|
|
|
16
ProShares Short S&P500
SH
$948M
| $1.97M | 0.61% |
15,294
-19,455
| -56% | -$2.56M |
2017 Q2
1 quarter
|
|
17
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.6B
| $1.73M | 0.53% |
20,000
+5,000
| +33% | +$401K |
2017 Q2
1 quarter
|
|
18
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.33B
| $1.71M | 0.53% |
+44,612
| New | +$1.61M |
2017 Q3
0 quarters
|
|
19
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$343M
| $1.56M | 0.48% |
428
-82
| -16% | -$319K |
2017 Q2
1 quarter
|
|
20
ProShares UltraPro Short S&P 500
SPXU
$384M
| $1.43M | 0.44% |
260
+112
| +76% | +$661K |
2017 Q2
1 quarter
|
|
21
ProShares Ultra S&P500
SSO
$7.42B
| $960K | 0.3% |
+79,384
| New | +$921K |
2017 Q3
0 quarters
|
|
22
iShares 20+ Year Treasury Bond ETF
TLT
$48.5B
| $939K | 0.29% |
+7,524
| New | +$945K |
2017 Q3
0 quarters
|
|
23
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$18.3B
| $918K | 0.28% |
9,015
| – | – |
2015 Q3
8 quarters
|
|
24
ProShares Ultra 7-10 Year Treasury
UST
$16.4M
| $658K | 0.2% |
11,329
-4,533
| -29% | -$267K |
2015 Q1
10 quarters
|
|
|
25
CALL
iShares Silver Trust
SLV
$25.1B
| $656K | 0.2% |
41,700
-639,800
| -94% | -$10.2M |
2015 Q1
10 quarters
|
|
Similar funds
DRW Securities's Q3 2017 Portfolio in Review
As of Q3 2017, DRW Securities held 98 positions worth $324M, down 43% from $573M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
DRW Securities's Q3 2017 filing shows 27 new, 13 increased, 11 reduced and 34 closed positions. Its largest new stake was ProShares UltraPro QQQ: 2,768,544 shares worth $13.2M. The largest sale was SPDR Gold Trust, an estimated $36.5M.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, down from 99% a quarter earlier, followed by Financials and Healthcare.
- DRW Securities's largest Q3 2017 buy was ProShares UltraPro QQQ: 2,768,544 shares worth $13.2M.
- DRW Securities added most to State Street SPDR S&P 500 ETF Trust in Q3 2017, an estimated $11.4M increase.
- DRW Securities's biggest Q3 2017 reduction was SPDR Gold Trust, cutting an estimated $36.5M.
- DRW Securities fully exited iShares Core S&P 500 ETF in Q3 2017, selling an estimated $13.2M.
- DRW Securities's ten largest holdings make up 88% of its $324M portfolio in Q3 2017.
- DRW Securities opened 27 new positions and closed 34 in Q3 2017.
- DRW Securities's portfolio value fell 43% quarter-over-quarter to $324M.
Based on DRW Securities's 13F filing for Q3 2017, filed 14 Nov 2017.