NPORT-P false 0001016073 XXXXXXXX S000032990 C000101771 Driehaus Mutual Funds 811-07655 0001016073 25490065PZVMACERQ816 25 EAST ERIE STREET CHICAGO 60611 312 587 3800 Driehaus Emerging Markets Small Cap Growth Fund S000032990 5493001F16KE3LRUVP27 2026-12-31 2026-06-30 N 161826470.090000000000 215345.020000000000 161611125.070000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 44596.890000000000 N GMR AIRPORTS LTD 3358008S2MTRWZ255P70 Y2730E113 1136119 NS 1347479.48 0.8337789118 Long EC CORP IN N 2 N N N GROWTHPOINT PROPERTIES LTD 37890019DD1E46632291 S3373C239 2425963 NS 2560455.8 1.5843313998 Long EC CORP ZA N 2 N N N COPA HOLDINGS SA 529900BB9UQJV6QQHA59 P31076105 11999 NS USD 1866684.43 1.1550469865 Long EC CORP PA N 1 N N N GE VERNOVA T&D INDIA LTD 549300NMRD6VZDFLN355 Y2683R111 56349 NS 2955794.29 1.8289547138 Long EC CORP IN N 2 N N N GOLAR LNG LTD 213800C2VSFZG3EZLO34 G9456A100 31187 NS USD 1554360.08 0.9617902724 Long EC CORP BM N 1 N N N GEK TERNA SA 2138003TO2MTRHWVP686 X3125P102 35775 NS 1801024.44 1.1144186016 Long EC CORP GR N 2 N N N STRIDES PHARMA SCIENCE LTD 335800WHFYXUCHR9DD10 Y8175G117 124189 NS 1433765.92 0.8871703104 Long EC CORP IN N 2 N N N POWERTECH TECHNOLOGY INC 254900O6KNZXH2RI9Q14 Y7083Y103 236000 NS 2551754.82 1.5789475006 Long EC CORP TW N 2 N N N HYUNDAI ELEVATOR COMPANY LTD N/A Y3835T104 33396 NS 1545519.4 0.9563199311 Long EC CORP KR N 2 N N N XINYI GLASS HOLDINGS LTD 52990082YXVVZFK1QJ17 G9828G108 733000 NS 798870.01 0.4943162234 Long EC CORP KY N 2 N N N LYNAS RARE EARTHS LTD 529900SGT9M1FJPXXI35 Q5683J210 182803 NS 2293787.18 1.4193250489 Long EC CORP AU N 2 N N N KINIK COMPANY N/A Y4789C113 126000 NS 3059967.68 1.8934140077 Long EC CORP TW N 2 N N N CHINA NATIONAL BUILDING MATERIAL COMPANY LTD 52990085PGF8YEPLBZ26 Y15045100 1376000 NS 941335.24 0.5824693316 Long EC CORP CN N 2 N N N RADICO KHAITAN LTD 335800P7T5DW332M7E19 Y7174A147 63935 NS 2670158.05 1.6522117824 Long EC CORP IN N 2 N N N IMPALA PLATINUM HOLDINGS LTD 254900BZFIFB4PD2Z778 S37840113 59712 NS 627320.88 0.3881668912 Long EC CORP ZA N 2 N N N FORTIS HEALTHCARE LTD 3358001Q5ZJC4M83WH02 Y26160104 170885 NS 1729083.11 1.0699035164 Long EC CORP IN N 2 N N N PAMPA ENERGIA SA 254900QNIK0CVURGML24 697660207 11148 NS USD 915585.24 0.5665360226 Long EC CORP AR N 1 N N N PUBLIC POWER CORP SA 213800T9Y5XCOVRZ4Y57 X7023M103 86847 NS 2284793.59 1.4137600917 Long EC CORP GR N 2 N N N HITACHI ENERGY INDIA LTD 549300ASJQYQLII9F213 Y000XZ109 8397 NS 3106486 1.9221981152 Long EC CORP IN N 2 N N N DOOSAN BOBCAT INC 9884007K6X0Q0112FX44 Y2103B100 42581 NS 1722386.32 1.0657597484 Long EC CORP KR N 2 N N N BBB FOODS INC N/A G0896C103 56156 NS USD 2340020.52 1.4479328196 Long EC CORP VG N 1 N N N INTERCORP FINANCIAL SERVICES INC 5299004181WFTEWB1398 P5626F128 44559 NS USD 2538080.64 1.5704863381 Long EC CORP PA N 1 N N N EAST PIPES INTEGRATED COMPANY FOR INDUSTRY N/A M2R260102 26298 NS 1539859.47 0.9528177403 Long EC CORP SA N 1 N N N GEMADEPT GROUP CORP N/A Y2690B109 423000 NS 1186394.73 0.7341046166 Long EC CORP VN N 2 N N N AZAD ENGINEERING LTD 3358006TNGEH6SXUN490 Y0S2C4107 122376 NS 2662502.11 1.6474745218 Long EC CORP IN N 2 N N N CO-TECH DEVELOPMENT CORP N/A Y1770R109 96000 NS 1856608.21 1.1488121311 Long EC CORP TW N 2 N N N ALCHIP TECHNOLOGIES LTD 529900HKE9RIY07SLX84 G02242108 9000 NS 1205372.36 0.7458473911 Long EC CORP KY N 2 N N N BOC AVIATION LTD 254900H06V5RMEB3KE72 Y09292106 230200 NS 2393512.41 1.4810319580 Long EC CORP SG Y 2 N N N GRENERGY RENOVABLES SA 959800M1FVPL5BMW3R13 E5R20V102 7996 NS 1045935.37 0.6471926791 Long EC CORP ES N 2 N N N ASIA COMMERCIAL BANK JSB 5493001VSLUXY7LJS086 Y0324N101 1952414 NS 1686184.73 1.0433593166 Long EC CORP VN N 2 N N N BRADESPAR SA 9598001UD1DHEH3PZ471 P1808W104 192900 PA 822822.77 0.5091374555 Long EP CORP BR N 1 N N N BUDIMEX SA 25940093SDJZW2C1V355 X0788V103 7562 NS 1484799.89 0.9187485635 Long EC CORP PL N 2 N N N UNIVERSAL MICROWAVE TECHNOLOGY INC N/A Y9273S110 38716 NS 1668022.51 1.0321210927 Long EC CORP TW N 2 N N N ORIZON VALORIZACAO DE RESIDUOS SA 894500ACAMVLSLV62B28 P7376G108 236000 NS 3626654.79 2.2440625844 Long EC CORP BR N 1 N N N UNO MINDA LTD 335800Y2G59FEIQRLG14 Y6S358119 95248 NS 1096968.22 0.6787702391 Long EC CORP IN N 2 N N N MOURA DUBEUX ENGENHARIA SA N/A P6S866103 246900 NS 1396085.27 0.8638546817 Long EC CORP BR N 1 N N N FIDEICOMISO IRREVOCABLE 1721 BANCO ACTINVER SA 549300JMTSVQ6LKX5222 P4559M101 450569 NS 1945272.88 1.2036751054 Long EC CORP MX N 1 N N N GDS HOLDINGS LTD 391200MGV8DDCHTN2R77 36165L108 59063 NS USD 1773661.89 1.0974874961 Long EC CORP KY N 1 N N N SINBON ELECTRONICS CO LTD N/A Y7989R103 84000 NS 876334.65 0.5422489631 Long EC CORP TW N 2 N N N TOKAI CARBON KOREA CO LTD N/A Y8851Q108 12601 NS 2261394.4 1.3992813917 Long EC CORP KR N 2 N N N L&F CO LTD 9884002SUW2JTU2FXU05 Y52747105 17624 NS 1286558.2 0.7960826951 Long EC CORP KR N 2 N N N KAORI HEAT TREATMENT CO LTD N/A Y4573A125 52688 NS 2608974.16 1.6143530706 Long EC CORP TW N 2 N N N NORTHERN INSTITUTIONAL FUNDS 549300Y178DO5JBR1S04 665278701 10746326.53 NS USD 10746326.53 6.6494967629 Long STIV RF US N 1 N N N HOCHSCHILD MINING PLC 549300JK10TVQ3CCJQ89 G4611M107 144349 NS 886728.3 0.5486802345 Long EC CORP GB N 2 N N N VNET GROUP INC 529900672GYJQ3T38I58 90138A103 104394 NS USD 839327.76 0.5193502363 Long EC CORP KY N 1 N N N ACTER CO LTD N/A Y00113103 55000 NS 2268197.32 1.4034908296 Long EC CORP TW N 2 N N N CGN MINING COMPANY LTD 529900LQYG057CZAZT41 G2029E105 4655000 NS 1460471.74 0.9036950515 Long EC CORP KY N 2 N N N DATA PATTERNS (INDIA) LTD 894500IFAYOMBFJ0QB53 Y2000Q101 41294 NS 1968163.79 1.2178392974 Long EC CORP IN N 2 N N N HESAI GROUP 836800KOYHURQT1JZY11 428050108 53567 NS USD 975990.74 0.6039130905 Long EC CORP KY N 1 N N N NEWAY VALVE (SUZHOU) CO LTD N/A Y6280S109 227600 NS 1694363.49 1.0484200820 Long EC CORP CN N 2 N N N NUVAMA WEALTH MANAGEMENT LTD 3358002Y23HZBJW49C38 Y6S0DB119 95485 NS 1824903.19 1.1291940386 Long EC CORP IN N 2 N N N HPSP CO LTD N/A Y3R2Z4107 105452 NS 3736133.69 2.3118047649 Long EC CORP KR N 2 N N N CALB GROUP CO LTD N/A Y1083U104 379500 NS 1139492.29 0.7050828274 Long EC CORP CN Y 2 N N N SICC CO LTD N/A Y7912N112 64500 NS 841349.93 0.5206014930 Long EC CORP CN Y 2 N N N ANAND RATHI WEALTH LTD 984500F6VS94CFBA2E48 Y0R8ZN108 121650 NS 2542919.99 1.5734807792 Long EC CORP IN N 2 N N N MEGA UNION TECHNOLOGY INC N/A Y593AH108 90000 NS 2783791.79 1.7225248502 Long EC CORP TW N 2 N N N HD HYUNDAI MARINE SOLUTION CO LTD 988400NV4TGR7O3GJM74 Y3820S103 12770 NS 1871243.66 1.1578680980 Long EC CORP KR N 2 N N N HINDUSTAN COPPER LTD 33580013OQMTB8N3IV37 Y3213W117 459124 NS 2443539.36 1.5119870980 Long EC CORP IN N 2 N N N ADVANCED ECHEM MATERIALS CO LTD N/A Y2237S136 27000 NS 754823.29 0.4670614660 Long EC CORP TW N 2 N N N ALPHAMIN RESOURCES CORP 529900YI7Z8X5I42E192 V0195Q103 939875 NS 987423.76 0.6109874921 Long EC CORP MU N 1 N N N QUALITY POWER ELECTRICAL EQUIPMENTS LTD 335800KIZW1SINUE3G50 Y717J0119 152522 NS 1973440.32 1.2211042520 Long EC CORP IN N 2 N N N HENAN PINGGAO ELECTRIC CO LTD 300300PSM0I8NOJ2Y515 Y3122A107 627400 NS 1639474.37 1.0144563806 Long EC CORP CN N 2 N N N SUNRESIN NEW MATERIALS CO LTD N/A Y8240K101 202200 NS 1760877.8 1.0895770939 Long EC CORP CN N 2 N N N EMIRATES CENTRAL COOLING SYSTEMS CORP N/A M4R2AB109 2603336 NS 1156331.45 0.7155023823 Long EC CORP AE N 2 N N N EVERGREEN AVIATION TECHNOLOGIES CORP N/A Y2R6G5108 447000 NS 2618960.9 1.6205325586 Long EC CORP TW N 2 N N N ASTOR ENERJI AS 78900083L17O47FYY994 M1505L115 176087 NS 1046156.31 0.6473293899 Long EC CORP TR N 2 N N N SYNTEC TECHNOLOGY CO LTD N/A Y834AM105 30000 NS 1923453.87 1.1901741722 Long EC CORP TW N 2 N N N JIAXIN INTERNATIONAL RESOURCES INVESTMENT LTD 98450000BMG7870N0359 Y4S4TM107 86800 NS 636981.72 0.3941447222 Long EC CORP HK Y 2 N N N VISTA ENERGY SAB DE CV 549300UDOHP7958KNS89 92837L109 59186 NS USD 3776066.8 2.3365141468 Long EC CORP MX N 1 N N N ALMONTY INDUSTRIES INC 54930049R1BTGV5RJ021 020398707 84710 NS USD 1402797.6 0.8680080653 Long EC CORP CA N 1 N N N ANGEL ONE LTD 3358003DRK7SFA3Q3214 Y0S1DZ117 578099 NS 2024277.95 1.2525610159 Long EC CORP IN N 2 N N N National Investment Fund Of The Republic Of Uzbekistan Joint Stock Co. (The) N/A 63654D108 33333 NS USD 1053322.8 0.6517637938 Long EC NUSS UZ Y 2 N N N AURA MINERALS INC 549300YIRI8PSDM2FV20 G06973112 28886 NS USD 1818373.7 1.1251537908 Long EC CORP VG N 1 N N N ANHUI YINGLIU ELECTROMECHANICAL CO LTD 300300D1M9RNSPEHDR92 Y013B2109 248300 NS 2223348.16 1.3757395470 Long EC CORP CN N 2 N N N LITHIUM ARGENTINA AG 25490091H0GF6CS01G98 H5012F103 194911 NS USD 1611913.97 0.9974028516 Long EC CORP CH N 1 N N N APR CO LTD N/A Y0R9CJ118 7951 NS 1994967.32 1.2344244984 Long EC CORP KR N 2 N N N APOLLO MICRO SYSTEMS LTD 335800MDVTETLRESNG79 Y0R9CS126 199942 NS 899501.49 0.5565838921 Long EC CORP IN N 2 N N N ADITYA INFOTECH LTD 3358004ALB7OIV3T5O77 Y001AG112 71062 NS 2743216.19 1.6974179153 Long EC CORP IN N 2 N N N ISC CO LTD N/A Y4177K107 12729 NS 1525034.62 0.9436445785 Long EC CORP KR N 2 N N N ASPEED TECHNOLOGY INC N/A Y04044106 4000 NS 2110633.64 1.3059952643 Long EC CORP TW N 2 N N N LIG DEFENSE & AEROSPACE CO LTD 988400VTP0QVY3OIY652 Y5277W107 1618 NS 754406.15 0.4668033526 Long EC CORP KR N 2 N N N LANDMARK OPTOELECTRONICS CORP N/A Y51823105 24000 NS 1580001.95 0.9776566739 Long EC CORP TW N 2 N N N MLP SAGLIK HIZMETLERI AS 789000M2LTGHSXVOQL65 M7030H107 90243 NS 832718.96 0.5152609139 Long EC CORP TR N 2 N N N HYOSUNG HEAVY INDUSTRIES CORP 988400IDLF9EQ95M0928 Y3R1E4102 2070 NS 4704269.36 2.9108573794 Long EC CORP KR N 2 N N N PRIO SA N/A P7S19Q109 100300 NS 1015182.19 0.6281635559 Long EC CORP BR N 1 N N N 2026-07-30 Driehaus Mutual Funds Robert M. Kurinsky Robert M. Kurinsky Vice President and Treasurer