# EDGAR Filing Document

**Accession Number:** 0001016073
**File Stem:** 0001145549-23-006894
**Filing Date:** 2023-2
**Character Count:** 36628
**Document Hash:** 4795e01f0211bb4e389ef7e017e046a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006894.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001145549-23-006894

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DRIEHAUS MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001016073
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07655
- **FILM NUMBER:** 23645860

**BUSINESS ADDRESS:**
- **STREET 1:** 25 EAST ERIE ST
- **STREET 2:** 25 EAST ERIE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60611
- **BUSINESS PHONE:** 3125873800

## Series and Classes Contracts Data

### Driehaus Small/Mid Cap Growth Fund (Series ID: S000068519)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000219126 | Driehaus Small/Mid Cap Growth Fund | DSMDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Driehaus Mutual Funds

- **b. Investment Company Act file number:** 811-07655

- **c. CIK number of Registrant:** 0001016073

- **d. LEI of Registrant:** 25490065PZVMACERQ816

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 25 EAST ERIE STREET

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60611

  - **Telephone number:** 312 587 3800

**Item A.2. Information about the Series.**

- **a. Name of Series:** Driehaus Small/Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000068519

- **c. LEI of Series:** 254900VOPB557F5N3Z75

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $13013430.41

**Total Liabilities:** $80977.99

**Net Assets:** $12932452.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219126 | 6.41%                | 1.10%                | -6.66%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-246745.72              | $1086871.23                                |
| Month 2  | $-227573.44              | $371574.16                                 |
| Month 3  | $-72796.39               | $-849400.04                                |

### Schedule of Portfolio Investments

| Name                                      | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Lamb Weston Holdings Inc                  | Lamb Weston Holdings Inc COM USD1.00                          | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |      1953 | NS      | $174520.08    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                       | Axon Enterprise Inc COM USD0.00001                            | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      1359 | NS      | $225498.87    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                 | Argenx SE SPON ADR EACH REP 1 ORD SHS                         | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |       366 | NS      | $138651.78    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| New Fortress Energy Inc.                  | New Fortress Energy Inc. COM USD0.01                          | CUSIP: 644393100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1635 | NS      | $69356.70     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Group Holdings Inc         | Ryan Specialty Group Holdings Inc CL A                        | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2955 | NS      | $122662.05    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc.                           | MSA Safety Inc. COM NPV                                       | CUSIP: 553498106<br>LEI: 549300ZG8DNJXBML4F23 | Long             | EC               | CORP              | US        |       815 | NS      | $117514.85    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Crinetics Pharmaceuticals Inc.            | Crinetics Pharmaceuticals Inc. COM USD0.001                   | CUSIP: 22663K107<br>LEI: 549300Q1CNFXK5P31D28 | Long             | EC               | CORP              | US        |      3423 | NS      | $62640.90     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Karuna Therapeutics Inc                   | Karuna Therapeutics Inc COM USD0.0001                         | CUSIP: 48576A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       288 | NS      | $56592.00     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Secure Inc                          | Clear Secure Inc COM CL A                                     | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4011 | NS      | $110021.73    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                           | Core & Main Inc CL A                                          | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3325 | NS      | $64205.75     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                     | Quanta Services, Inc. COM USD0.00001                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      2554 | NS      | $363945.00    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                  | W.R. Berkley Corporation COM USD0.20                          | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      1399 | NS      | $101525.43    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corporation           | United Therapeutics Corporation COM USD0.01                   | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       499 | NS      | $138766.91    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc.                   | CACI International Inc. CLASS'A'COM USD0.10                   | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       395 | NS      | $118733.05    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| World Wrestling Entertainment, Inc.       | World Wrestling Entertainment, Inc. CLASS'A' COM USD0.01      | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |      1070 | NS      | $73316.40     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Re Group Ltd.                     | Everest Re Group Ltd. COM USD0.01                             | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |       307 | NS      | $101699.89    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| SKECHERS USA, Inc.                        | SKECHERS USA, Inc. 'A'COM USD0.001                            | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |      1533 | NS      | $64309.35     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Agco Corporation                          | Agco Corporation COM USD0.01                                  | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |      1858 | NS      | $257686.02    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                    | Juniper Networks, Inc. COM USD0.00001                         | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |      1275 | NS      | $40749.00     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Incorporated           | Carlisle Companies Incorporated COM USD1                      | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |       274 | NS      | $64568.10     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                   | ATI Inc COM USD0.10                                           | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |      4997 | NS      | $149210.42    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                      | Curtiss-Wright Corp. COM USD1                                 | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      1327 | NS      | $221595.73    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                    | ON Semiconductor Corp. COM USD0.01                            | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      3649 | NS      | $227588.13    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Inst Fds                         | Northern Inst Fds GOVT PTFL                                   | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    217423 | NS      | $217423.10    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                     | Helmerich & Payne Inc COM USD0.10                             | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |       827 | NS      | $40994.39     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                      | FTI Consulting, Inc. COM USD0.01                              | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |       452 | NS      | $71777.60     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corporation         | Lattice Semiconductor Corporation COM USD0.01                 | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |      1920 | NS      | $124569.60    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc               | AMN Healthcare Services Inc COM USD0.01                       | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      1858 | NS      | $191039.56    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                  | Valmont Industries, Inc. COM USD1                             | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |       356 | NS      | $117718.52    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation            | Wintrust Financial Corporation COM NPV                        | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |       718 | NS      | $60685.36     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                | Neurocrine Biosciences Inc COM USD0.001                       | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      2155 | NS      | $257393.20    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                               | Rambus Inc. COM USD0.001                                      | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |      1418 | NS      | $50792.76     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                       | Clean Harbors, Inc. COM USD0.01                               | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      1136 | NS      | $129640.32    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                            | Tetra Tech Inc COM USD0.01                                    | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |      1223 | NS      | $177567.37    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                         | Tractor Supply Co COM USD0.008                                | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |       635 | NS      | $142855.95    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corporation                        | Cameco Corporation COM NPV                                    | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      5379 | NS      | $121941.93    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.         | Booz Allen Hamilton Holding Corp. COM USD0.01 CLASS 'A'       | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |       877 | NS      | $91664.04     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                       | Paycom Software Inc COM USD0.01                               | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |       362 | NS      | $112332.22    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc COM USD0.01                                      | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      1260 | NS      | $173401.20    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc.                              | MongoDB Inc. COM USD0.001 CL A                                | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1002 | NS      | $197233.68    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                         | MP Materials Corp COM CL A                                    | CUSIP: 553368101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       602 | NS      | $14616.56     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc                  | Procore Technologies Inc COM                                  | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |      1544 | NS      | $72845.92     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                               | Xometry Inc CLASS A COM                                       | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |      3608 | NS      | $116285.84    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corporation                           | LKQ Corporation COM USD0.01                                   | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      1263 | NS      | $67456.83     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corporation               | Deckers Outdoor Corporation COM USD0.01                       | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |       546 | NS      | $217941.36    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc.              | Alnylam Pharmaceuticals Inc. COM USD0.01                      | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       779 | NS      | $185129.35    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                       | Texas Roadhouse Inc COM USD0.001                              | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1106 | NS      | $100590.70    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corporation                       | Visteon Corporation COM USD0.01                               | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      1673 | NS      | $218878.59    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                | Builders Firstsource, Inc. COM USD0.01                        | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      1008 | NS      | $65399.04     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc          | Ryman Hospitality Properties Inc COM USD0.01                  | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |       486 | NS      | $39745.08     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc.                           | Murphy USA Inc. COM USD0.01                                   | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       491 | NS      | $137254.14    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Incorporation                    | Penumbra Incorporation COM USD0.001                           | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |       817 | NS      | $181749.82    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings Inc.                     | Celsius Holdings Inc. COM USD0.001                            | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1306 | NS      | $135876.24    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                                 | Chewy Inc COM USD0.01 CL A                                    | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |      1555 | NS      | $57659.40     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corporation            | Warner Music Group Corporation COM CL A                       | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2961 | NS      | $103694.22    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Mobile Mini Holdings Corp        | WillScot Mobile Mini Holdings Corp COM CL A                   | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |      6066 | NS      | $274001.22    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                  | Saia Inc COM USD0.001                                         | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |       429 | NS      | $89952.72     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                      | Chart Industries Inc COM USD0.01                              | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      1386 | NS      | $159708.78    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Exlservice Holdings Inc                   | Exlservice Holdings Inc COM STK USD0.001                      | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |       776 | NS      | $131477.68    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                           | First Solar Inc COM STK USD0.001                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      2051 | NS      | $307219.29    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                   | KBR Inc COM USD0.001                                          | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |      2172 | NS      | $114681.60    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix Networks Inc                        | Calix Networks Inc COM USD0.01                                | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |      4946 | NS      | $338454.78    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals Inc                 | Xenon Pharmaceuticals Inc COM NPV                             | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |      6253 | NS      | $246555.79    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Company            | Performance Food Group Company COM USD0.01                    | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      2547 | NS      | $148719.33    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc. | Knight-Swift Transportation Holdings Inc. COM USD0.01 CLASS A | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1765 | NS      | $92503.65     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc             | Shoals Technologies Group Inc CL A                            | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5420 | NS      | $133711.40    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                                | Gitlab Inc CLASS A COM                                        | CUSIP: 37637K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2669 | NS      | $121279.36    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ProFrac Holding Corp.                     | ProFrac Holding Corp. CLASS A COM                             | CUSIP: 74319N100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5391 | NS      | $135853.20    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                 | Halozyme Therapeutics Inc COM USD0.001                        | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      4931 | NS      | $280573.90    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                     | AECOM COM STK USD0.01                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      1767 | NS      | $150071.31    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corporation                       | Insulet Corporation COM STK USD0.001                          | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       499 | NS      | $146900.61    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications, Inc.              | Iridium Communications, Inc. COM USD0.001                     | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |      2054 | NS      | $105575.60    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                             | Ambarella Inc COM USD0.00045                                  | CUSIP: G037AX101<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | KY        |      1059 | NS      | $87081.57     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyber-Ark Software Limited                | Cyber-Ark Software Limited COM ILS0.01                        | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      1285 | NS      | $166600.25    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S SPON ADR EACH REP 1 ORD SHS               | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      1286 | NS      | $157059.18    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc            | BJ Wholesale Club Holdings Inc COM USD0.01                    | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |       584 | NS      | $38637.44     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                             | Pinterest Inc COM USD0.00001 CL A                             | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5673 | NS      | $137740.44    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobileye Global Inc                       | Mobileye Global Inc COMMON CLASS A                            | CUSIP: 60741F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6299 | NS      | $220842.94    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                           | Ulta Beauty Inc COM STK USD0.01                               | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       411 | NS      | $192787.77    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                        | Enphase Energy Inc COM USD0.00001                             | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      1000 | NS      | $264960.00    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                    | Diamondback Energy Inc COM USD0.01                            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       583 | NS      | $79742.74     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc.                 | Axcelis Technologies Inc. COM USD0.001                        | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |      2022 | NS      | $160465.92    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC USD1                                           | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |      5697 | NS      | $69446.43     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Evoqua Water Technologies Corp            | Evoqua Water Technologies Corp COM USD0.01                    | CUSIP: 30057T105<br>LEI: 529900YQAOMEZRGRRP43 | Long             | EC               | CORP              | US        |      1939 | NS      | $76784.40     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc               | Inspire Medical Systems Inc COM USD0.001                      | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |       742 | NS      | $186894.96    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corporation                  | Hyatt Hotels Corporation COM USD0.01 CLASS 'A'                | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      1337 | NS      | $120931.65    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet COM USD0.01                                          | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |       983 | NS      | $126040.26    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                              | Ameresco Inc COM USD0.0001 CL 'A'                             | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |       963 | NS      | $55025.82     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation             | Paylocity Holding Corporation COM USD0.001                    | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |       859 | NS      | $166869.34    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp Del                    | Liberty Media Corp Del COM USD0.01 SERIES C                   | CUSIP: 531229854<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |      1482 | NS      | $88593.96     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                 | Kinsale Capital Group Inc COM USD0.01                         | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      1110 | NS      | $290287.20    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Axonics Inc                               | Axonics Inc COM USD0.0001                                     | CUSIP: 05465P101<br>LEI: 549300LJY4X7N57VJL05 | Long             | EC               | CORP              | US        |      1144 | NS      | $71534.32     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Bill Com Holdings Inc                     | Bill Com Holdings Inc COM                                     | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |       960 | NS      | $104601.60    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc                | Driven Brands Holdings Inc COM                                | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2718 | NS      | $74228.58     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Driehaus Mutual Funds

**Signature:** Robert M. Kurinsky

**Name of Signer:** Robert M. Kurinsky

**Title:** Vice President and Treasurer