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Livermore
Livermore
ZHEN

DRW Securities, LLC

SEC CIK
0001481986
Latest filing
Aug 14, 2026

Holdings in Q1 2025

Holdings as of Mar 31, 2025, filed May 15, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
453
−4 vs. Q4 2024
Portfolio value
$1.18B
−$301.6M (−20.4%) vs. Q4 2024
Filed
May 15, 2025
SEC
Holdings of DRW Securities, LLC in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Farfetch Ltd30744W107ORD SH CL A130,000$00.0%00.0%Unchanged–
MMC Norilsk Nickel55315J102ADR55,815$00.0%00.0%Unchanged–
Lukoil PJSC69343P105ADR34,782$00.0%00.0%Unchanged–
Surgutneftegas868861204American Dep Receipt10,905$00.0%00.0%Unchanged–
TCS Group Holding PLC87238U203COM11,354$00.0%00.0%Unchanged–
Tatneft PJSC876629205ADR24,114$00.0%00.0%Unchanged–
Severstal-GDR818150302GDR23,540$00.0%00.0%Unchanged–
Chicken Soup for the Soul En16842Q134*W EXP 10/22/20216,651$00.0%00.0%Unchanged–
TFFPTFF Pharmaceuticals, Inc.COM NEW40,000$00.0%00.0%UnchangedHistory
Mail.ru Group Limited560317208Common Stock15,031$00.0%00.0%Unchanged–
Phosagro PJSC71922G209ADR/GDR15,222$00.0%00.0%Unchanged–
X5 Retail Group N.V.98387E205Common Stock13,263$00.0%00.0%Unchanged–
Novolipetskiy Metallurgicheskiy Kombinat67011E204COMMON STOCK16,716$00.0%00.0%Unchanged–
CYPHCypherpunk Technologies Inc.COM NEW28,159$8.59K<0.1%+28,159NewHistory
IRWDIronwood Pharmaceuticals IncCOM CL A15,900$23.4K<0.1%+15,900NewHistory
RLAYRelay Therapeutics, Inc.COM10,757$28.2K<0.1%+10,757NewHistory
IQiQIYI, Inc.SPONSORED ADS14,424$32.6K<0.1%+14,424NewHistory
LUMNLumen Technologies, Inc.Stock11,375$44.6K<0.1%−1,525−11.8%ReducedHistory
HLHecla Mining CoCOM10,322$54.3K<0.1%+10,322NewHistory
CLOVClover Health Investments, Corp.COM CL A15,882$57.0K<0.1%+15,882NewHistory
HNSTHonest Company, Inc.COM12,265$57.6K<0.1%+12,265NewHistory
PTONPeloton Interactive, Inc.CL A COM10,524$66.5K<0.1%+10,524NewHistory
RESRPC IncCOM12,737$70.1K<0.1%+12,737NewHistory
GPREGreen Plains Inc.COM15,800$76.6K<0.1%+15,800NewHistory
DRHDiamondRock Hospitality CoCOM10,882$84.0K<0.1%+10,882NewHistory
MATVMativ Holdings, Inc.COM14,600$91.0K<0.1%+14,600NewHistory
HAINHain Celestial Group IncCOM22,600$93.8K<0.1%+22,600NewHistory
OSGOctave Specialty Group IncCOM NEW10,800$94.5K<0.1%+10,800NewHistory
GDOTGreen Dot CorpCL A11,500$97.1K<0.1%+11,500NewHistory
PAYOPayoneer Global Inc.COM14,071$102.9K<0.1%+14,071NewHistory
ESRTEmpire State Realty Trust, Inc.CL A13,420$104.9K<0.1%+13,420NewHistory
RLJRLJ Lodging TrustCOM13,450$106.1K<0.1%+13,450NewHistory
CWKCushman & Wakefield Ltd.SHS10,629$108.6K<0.1%+10,629NewHistory
HBIHanesbrands Inc.COM18,892$109.0K<0.1%+18,892NewHistory
OXLCOxford Lane Capital Corp.COM23,722$112.0K<0.1%+23,722NewHistory
RWTRedwood Trust IncCOM18,541$112.5K<0.1%+18,541NewHistory
CRGYCrescent Energy CoCL A COM10,188$114.5K<0.1%+10,188NewHistory
AALAmerican Airlines Group Inc.Stock10,952$115.5K<0.1%+10,952NewHistory
SHOSunstone Hotel Investors, Inc.COM12,830$120.7K<0.1%+12,830NewHistory
AMCRAmcor plcORD13,356$129.6K<0.1%+13,356NewHistory
WBAWalgreens Boots Alliance, Inc.COM12,276$133.2K<0.1%+12,276NewHistory
PEBPebblebrook Hotel TrustCOM14,071$142.5K<0.1%+14,071NewHistory
WNCWabash National CorpCOM13,600$150.3K<0.1%+13,600NewHistory
PSTLPostal Realty Trust, Inc.CL A12,307$175.7K<0.1%+12,307NewHistory
Direxion Shs ETF Tr25460E232DAILY SM CP BEAR10,440$177.8K<0.1%+10,440New–
HUNHuntsman CORPCOM11,399$180.0K<0.1%+11,399NewHistory
SITCSITE Centers Corp.COM14,030$180.1K<0.1%−8,307−37.2%ReducedHistory
SANBanco Santander, S.A.ADR27,179$182.1K<0.1%+10,000+58.2%AddedHistory
GNWGenworth Financial IncCOM SHS25,909$183.7K<0.1%+25,909NewHistory
EZPWEzcorp IncCL A NON VTG12,533$184.5K<0.1%+12,533NewHistory
ATENA10 Networks, Inc.Stock11,505$188.0K<0.1%+11,505NewHistory
TELFYTelefonica S ASPONSORED ADR40,966$190.9K<0.1%00.0%UnchangedHistory
XHRXenia Hotels & Resorts, Inc.COM16,938$199.2K<0.1%+16,938NewHistory
CNCCentene CorpStock3,300$200.3K<0.1%−1,879−36.3%ReducedHistory
ALLEAllegion plcORD SHS1,547$201.8K<0.1%+1,547NewHistory
TROWPrice T Rowe Group IncStock2,200$202.1K<0.1%−140−6.0%ReducedHistory
TXNTexas Instruments IncStock1,161$205.2K<0.1%−3,459−74.9%ReducedHistory
NKENIKE, Inc.Stock3,247$206.1K<0.1%+481+17.4%AddedHistory
ELFe.l.f. Beauty, Inc.COM3,284$206.2K<0.1%+3,284NewHistory
DALDelta Air Lines, Inc.COM NEW4,787$208.7K<0.1%+4,787NewHistory
CORTCorcept Therapeutics IncCOM1,831$209.1K<0.1%+1,831NewHistory
DDominion Energy, IncStock3,733$209.3K<0.1%+3,733NewHistory
SPDR Series Trust78464A714ST STR SP RETAIL3,040$210.0K<0.1%−291−8.7%Reduced–
iShares Inc464286756MSCI SWEDEN ETF5,000$210.4K<0.1%−2,624−34.4%Reduced–
ORCLOracle CorpStock1,507$210.7K<0.1%−9,069−85.8%ReducedHistory
FNFFidelity National Financial, Inc.COM SHS3,239$210.8K<0.1%+3,239NewHistory
FEFirstenergy CorpCOM5,216$210.8K<0.1%+5,216NewHistory
CBChubb LtdStock700$211.4K<0.1%−18,682−96.4%ReducedHistory
AFLAflac IncStock1,925$212.7K<0.1%−2,156−52.8%ReducedHistory
SAROStandardAero, Inc.COM8,173$217.7K<0.1%+8,173NewHistory
MOHMolina Healthcare, Inc.COM665$219.0K<0.1%+665NewHistory
ITGRInteger Holdings CorpCOM1,868$220.4K<0.1%+1,868NewHistory
IOSPInnospec Inc.COM2,337$221.4K<0.1%+2,337NewHistory
HWMHowmet Aerospace Inc.Stock1,710$221.8K<0.1%−1,023−37.4%ReducedHistory
CSWCCapital Southwest CorpCOM10,070$224.8K<0.1%+10,070NewHistory
ELVElevance Health, Inc.Stock518$225.3K<0.1%+518NewHistory
RVLVRevolve Group, Inc.CL A10,504$225.7K<0.1%+10,504NewHistory
XELXcel Energy IncStock3,200$226.5K<0.1%−170,400−98.2%ReducedHistory
HLTHilton Worldwide Holdings Inc.COM1,000$227.6K<0.1%+1,000NewHistory
LKQLKQ CorpCOM5,359$228.0K<0.1%+5,359NewHistory
VRSNVerisign IncCOM900$228.5K<0.1%−282−23.9%ReducedHistory
GPNGlobal Payments IncStock2,343$229.4K<0.1%−32,077−93.2%ReducedHistory
TDGTransDigm Group INCCOM166$229.6K<0.1%−199−54.5%ReducedHistory
UALUnited Airlines Holdings, Inc.COM3,333$230.1K<0.1%+439+15.2%AddedHistory
Paramount Global92556H206CL B19,252$230.3K<0.1%+19,252New–
MPLXMPLX LPCOM UNIT REP LTD4,313$230.8K<0.1%+4,313NewHistory
MKTXMarketaxess Holdings IncCOM1,068$231.1K<0.1%+1,068NewHistory
DKNGDraftKings Inc.Stock6,967$231.4K<0.1%+6,967NewHistory
PAAPlains All American Pipeline LPUNIT LTD PARTN11,632$232.6K<0.1%+11,632NewHistory
CXWCoreCivic, Inc.COM11,478$232.9K<0.1%+11,478NewHistory
ProShares Tr74347R107PSHS ULT S&P 5002,815$233.0K<0.1%+2,815New–
LOWLowes Companies IncStock1,000$233.2K<0.1%+1,000NewHistory
BILLBILL Holdings, Inc.Stock5,100$234.0K<0.1%+5,100NewHistory
CHWYChewy, Inc.CL A7,202$234.1K<0.1%+7,202NewHistory
CMSCMS Energy CorpCOM3,131$235.2K<0.1%+3,131NewHistory
BGBunge Global SACOM SHS3,091$236.2K<0.1%+3,091NewHistory
ICEIntercontinental Exchange, Inc.Stock1,372$236.7K<0.1%−2,581−65.3%ReducedHistory
WEXWEX Inc.COM1,523$239.1K<0.1%+1,523NewHistory
iShares Tr464289123NEW ZEALAND ETF5,703$240.0K<0.1%00.0%Unchanged–
CNHCNH Industrial N.V.SHS19,543$240.0K<0.1%+19,543NewHistory

Options (99)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of DRW Securities, LLC in Q1 2025
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$529.9M$37.1M
NVDANVIDIA CorpStock$346.4M$44.7M
Invesco QQQ Trust Series I46090E103ETF$57.0M$105.6M
TSMTaiwan Semiconductor Manufacturing Co LtdADR$161.3M–
iShares Russell 2000 ETF464287655ETF$117.5M$30.1M
MUMicron Technology IncStock$98.7M$851.5K
TSLATesla, Inc.Stock$54.7M$36.8M
AAPLApple Inc.Stock$54.8M$34.4M
VanEck Semiconductor ETF92189F676ETF$57.5M$22.0M
State Street Utilities Select Sector SPDR ETF81369Y886ETF$65.6M–
IBITiShares Bitcoin Trust ETFETF$57.3M–
AMZNAmazon Com IncStock$6.94M$40.8M
SPDR Series Trust78464A755ST STR SP METAL–$45.8M
MSFTMicrosoft CorpStock$18.4M$18.7M
EBAYeBay IncCOM$32.9M–
FDXFedEx CorpStock$30.1M–
JNJJohnson & JohnsonStock$26.2M–
METAMeta Platforms, Inc.Stock$6.28M$18.0M
LLYEli Lilly & CoStock$21.1M–
BKNGBooking Holdings Inc.Stock$13.8M–
AMGNAmgen IncStock$11.9M–
AMDAdvanced Micro Devices IncStock$1.53M$10.3M
GOOGLAlphabet Inc.Stock$2.52M$8.71M
KOCoca Cola CoStock$11.0M–
ARK ETF Tr00214Q203AUTNMUS TECHNLGY$10.8M–
NFLXNetflix IncStock$2.42M$7.65M
NVONovo Nordisk A SADR$9.40M$361.1K
GOOGAlphabet Inc.Stock$3.73M$5.92M
CNICanadian National Railway CoStock$5.05M$4.40M
ROKURoku, IncCOM CL A$8.23M–
VanEck ETF Trust92189F791JUNIOR GOLD MINE–$8.01M
iShares Tr464288513IBOXX HI YD ETF$7.89M–
ABBVAbbVie Inc.Stock$7.88M–
TTETotalEnergies SESPONSORED ADS$5.34M–
UNHUnitedHealth Group IncStock$5.24M–
CPCanadian Pacific Kansas City LtdCOM$1.59M$2.98M
iShares Tr464287184CHINA LG-CAP ETF$3.94M–
CRWDCrowdStrike Holdings, Inc.Stock$3.14M$282.1K
TDGTransDigm Group INCCOM–$3.18M
FCNCAFirst Citizens Bancshares IncCL A$2.97M–
HOODRobinhood Markets, Inc.Stock$2.91M–
VVisa Inc.Stock–$2.63M
LYFTLyft, Inc.CL A COM–$2.55M
iShares Inc464286822MSCI MEXICO ETF–$2.55M
FNVFranco Nevada CorpStock$2.06M–
JPMJPMorgan Chase & CoStock$686.8K$1.35M
BPBP PLCADR–$2.00M
SPDR Series Trust78468R556SP O&G EXPL PRO$1.98M–
EIXEdison InternationalStock$1.96M–
FCXFreeport-McMoran IncStock–$1.89M
DFSDiscover Financial ServicesCOM$1.08M$682.8K
AVGOBroadcom Inc.Stock$653.0K$1.11M
DNBDun & Bradstreet Holdings, Inc.COM–$1.71M
ADBEAdobe Inc.Stock$1.57M–
State Street Health Care Select Sector SPDR ETF81369Y209ETF$1.56M–
BABAAlibaba Group Holding LtdADR–$1.55M
MSTRStrategy IncStock$980.1K$403.6K
INTCIntel CorpStock$222.6K$1.14M
BAHBooz Allen Hamilton Holding CorpCL A$1.36M–
STLAStellantis N.V.SHS–$1.24M
ANSSAnsys IncCOM$1.17M–
VanEck ETF Trust92189F106GOLD MINERS ETF–$1.15M
GMGeneral Motors CoCOM–$1.09M
CVNACarvana Co.CL A–$1.05M
LYVLive Nation Entertainment, Inc.COM$1.04M–
PFEPfizer IncStock$1.01M–
CACICACI International IncCL A$990.7K–
VSXYVictoria's Secret & Co.COMMON STOCK–$795.2K
COFCapital One Financial CorpStock–$753.1K
RHRHCOM$703.2K–
PYPLPayPal Holdings, Inc.Stock–$672.1K
XUnited States Steel CorpCOM–$667.7K
GEGeneral Electric CoStock$380.3K$280.2K
GOGOGogo Inc.COM–$634.4K
LNGCheniere Energy, Inc.COM NEW$578.5K–
BTUPeabody Energy CorpCOM–$539.3K
CHXChampionX CorpCOM$527.5K–
QCOMQualcomm IncStock$276.5K$230.4K
DELLDell Technologies Inc.Stock$218.8K$264.3K
TTANServiceTitan, Inc.SHS CL A$475.6K–
COSTCostco Wholesale CorpStock$472.9K–
BABoeing CoStock$204.7K$255.8K
RIVNRivian Automotive, Inc.Stock–$435.8K
EPAMEPAM Systems, Inc.COM–$422.1K
DOOBRP Inc.COM SUN VTG–$358.4K
CRTOCriteo S.A.SPONS ADS–$354.1K
CXWCoreCivic, Inc.COM$328.7K–
DOCSDoximity, Inc.CL A$319.2K–
NVSNovartis AGADR$312.1K–
ALTAltimmune, Inc.COM NEW–$305.5K
EVLVEvolv Technologies Holdings, Inc.COM CL A–$287.4K
CTLPCantaloupe, Inc.COM–$277.0K
SRESempraStock–$249.8K
TKOTKO Group Holdings, Inc.CL A–$244.5K
WPPWPP plcADR$220.2K–
PSTLPostal Realty Trust, Inc.CL A$214.2K–
CNDTCONDUENT IncCOM–$141.8K
UPWKUpwork, IncCOM–$130.5K
WOWWideOpenWest, Inc.COM–$128.7K

Sold out since Q4 2024 (215)

Positions held at the end of Q4 2024 that are gone from this filing.

The largest 100 of 215 by value last quarter.

Positions of DRW Securities, LLC sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
State Street Health Care Select Sector SPDR ETF81369Y209ETF109,051$15.0M1.0%–
Vanguard Total World Stock ETF922042742ETF121,515$14.3M1.0%–
TSLATesla, Inc.Stock29,747$12.0M0.8%History
TXNMTXNM Energy IncCOM243,460$12.0M0.8%History
DELLDell Technologies Inc.Stock91,771$10.6M0.7%History
LNTAlliant Energy CorpStock155,200$9.18M0.6%History
CRMSalesforce, Inc.Stock22,758$7.61M0.5%History
NBISNebius Group N.V.Stock253,938$7.03M0.5%History
USBUS Bancorp DECOM NEW107,467$5.14M0.3%History
HBANHuntington Bancshares IncCOM287,009$4.67M0.3%History
CFGCitizens Financial Group IncCOM99,875$4.37M0.3%History
FSLRFirst Solar, Inc.Stock24,485$4.32M0.3%History
State Street Industrial Select Sector SPDR ETF81369Y704ETF31,569$4.16M0.3%–
SHLSShoals Technologies Group, Inc.CL A692,349$3.83M0.3%History
AJGArthur J. Gallagher & Co.COM13,228$3.75M0.3%History
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF46,549$3.66M0.2%–
iShares MSCI India ETF46429B598ETF68,321$3.60M0.2%–
iShares Inc464286400MSCI BRAZIL ETF157,287$3.54M0.2%–
MRSHMarsh & McLennan Companies, Inc.Stock16,600$3.53M0.2%History
MSTRStrategy IncStock11,893$3.44M0.2%History
EOGEOG Resources IncStock27,231$3.34M0.2%History
Vanguard Ftse Developed Markets ETF921943858ETF68,781$3.29M0.2%–
iShares MSCI Acwi Ex U.S. ETF464288240ETF55,371$2.89M0.2%–
Vanguard S&P 500 ETF922908363ETF4,284$2.31M0.2%–
BCSBarclays PLCADR169,649$2.25M0.2%History
STTState Street CorpCOM22,672$2.22M0.2%History
MTDRMatador Resources CoCOM39,441$2.22M0.1%History
CVSCVS Health CorpStock46,252$2.08M0.1%History
iShares Tr46435G334MSCI UK ETF NEW60,336$2.05M0.1%–
SHELShell plcADR32,400$2.03M0.1%History
CRCCalifornia Resources CorpCOM STOCK37,000$1.92M0.1%History
NOVASunnova Energy International Inc.COM555,000$1.90M0.1%History
MPCMarathon Petroleum CorpStock13,402$1.87M0.1%History
GPORGulfport Energy CorpCOMMON SHARES10,041$1.85M0.1%History
APAAPA CorpStock78,739$1.82M0.1%History
CVECenovus Energy Inc.COM71,507$1.55M0.1%History
EQHEquitable Holdings, Inc.COM32,700$1.54M0.1%History
MYRGMyr Group Inc.COM10,180$1.51M0.1%History
PRIMPrimoris Services CorpStock19,484$1.49M0.1%History
VTLEVital Energy, Inc.COM47,000$1.45M0.1%History
MRVLMarvell Technology, Inc.COM13,015$1.44M0.1%History
APPAppLovin CorpCOM CL A4,240$1.37M0.1%History
BABAAlibaba Group Holding LtdADR16,088$1.36M0.1%History
U.S. Global Jets ETF26922A842ETF53,767$1.36M0.1%–
TYLTyler Technologies IncCOM2,240$1.29M0.1%History
AXPAmerican Express CoStock4,290$1.27M0.1%History
WMTWalmart Inc.Stock13,559$1.23M0.1%History
SYFSynchrony FinancialCOM18,381$1.19M0.1%History
Direxion Shs ETF Tr25459W862DRX S&P500BULL6,637$1.12M0.1%–
FISVFiserv IncStock5,344$1.10M0.1%History
VanEck ETF Trust92189F106GOLD MINERS ETF30,891$1.05M0.1%–
Samsung Electronic796050888COM1,080$982.8K0.1%–
ENPHEnphase Energy, Inc.Stock13,794$947.4K0.1%History
ACNAccenture plcStock2,515$884.8K0.1%History
BEBloom Energy CorpCOM CL A39,278$872.4K0.1%History
JKSJinkoSolar Holding Co., Ltd.SPONSORED ADR34,000$846.6K0.1%History
BLKBlackRock, Inc.Stock821$841.6K0.1%History
APOApollo Global Management, Inc.COM4,842$799.7K0.1%History
ProShares Tr74347X831ULTRAPRO QQQ9,900$783.4K0.1%–
CTASCintas CorpStock4,282$782.3K0.1%History
ARGXArgenx SESPONSORED ADR1,269$780.4K0.1%History
ProShares Bitcoin ETF74347G440ETF33,834$770.7K0.1%–
AONAon plcCL A2,100$754.2K0.1%History
CRSCarpenter Technology CorpCOM4,099$695.6K<0.1%History
SHWSherwin Williams CoCOM2,045$695.2K<0.1%History
JDJD.com, Inc.SPON ADS CL A19,596$679.4K<0.1%History
HSBCHSBC Holdings PLCSPON ADR NEW13,391$662.3K<0.1%History
UPSUnited Parcel Service IncStock5,240$660.8K<0.1%History
MSEXMiddlesex Water CoCOM12,199$642.0K<0.1%History
IBNIcici Bank LtdADR21,000$627.1K<0.1%History
PEPPepsiCo IncStock4,087$621.5K<0.1%History
ProShares Tr74347X864ULTRPRO S&P5006,989$619.5K<0.1%–
MMacy's, Inc.COM36,336$615.2K<0.1%History
MRKMerck & Co., Inc.Stock6,145$611.3K<0.1%History
State Street SPDR S&P Regional Banking ETF78464A698ETF9,379$566.0K<0.1%–
DISWalt Disney CoStock5,015$558.4K<0.1%History
FTNTFortinet, Inc.Stock5,736$541.9K<0.1%History
Direxion Shs ETF Tr25459W847DLY SMCAP BULL3X12,920$541.1K<0.1%–
RIOTRiot Platforms, Inc.COM52,473$535.7K<0.1%History
LILi Auto Inc.SPONSORED ADS21,531$516.5K<0.1%History
UECUranium Energy CorpCOM76,436$511.4K<0.1%History
MCOMoodys CorpStock1,050$497.0K<0.1%History
ACIAlbertsons Companies, Inc.COMMON STOCK25,000$491.0K<0.1%History
VRTXVertex Pharmaceuticals IncStock1,189$478.8K<0.1%History
APDAir Products & Chemicals, Inc.Stock1,650$478.5K<0.1%History
ITGartner IncCOM945$457.8K<0.1%History
iShares Inc464286780MSCI STH AFR ETF10,625$445.3K<0.1%–
WGOWinnebago Industries IncCOM9,005$430.3K<0.1%History
MMM3M CoStock3,336$430.0K<0.1%History
UFPIUfp Industries IncCOM3,817$430.0K<0.1%History
RJFRaymond James Financial IncCOM2,741$425.8K<0.1%History
CURBCurbline Properties Corp.COM17,861$414.7K<0.1%History
CVICVR Energy IncCOM22,062$413.4K<0.1%History
JWNNordstrom IncStock16,746$404.4K<0.1%History
ADTADT Inc.COM57,779$399.3K<0.1%History
MSIMotorola Solutions, Inc.Stock860$397.5K<0.1%History
LWLamb Weston Holdings, Inc.Stock5,917$395.4K<0.1%History
CAVACava Group, Inc.COM3,500$394.8K<0.1%History
CTVACorteva, Inc.Stock6,680$380.5K<0.1%History
MLMMartin Marietta Materials IncCOM712$367.7K<0.1%History