Driehaus Capital Management 13F: Adds $54M to SAIA Stake

Driehaus Capital Grows Its Saia Holding

Driehaus Capital Management added to its transport portfolio during the period, picking up a sizable block of shares in Saia, Inc. SAIA. According to a Form 13F filing with the Securities and Exchange Commission, the fund raised its stake by a 76.1% margin. That addition of 111,478 shares brought the firm's total count to 257,963 shares. The reported value of the position stood at roughly $125.7 million as of the reporting date.

Institutional 13F filings look backward at portfolio choices made months ago and may not reflect what the fund holds today. Even so, expanding a position by more than three-quarters points to a strong conviction from the investment team during that window.

Saia Stock Nears Upper 52-Week Bounds

Shares of Saia traded near $487.14 ahead of the publication, sitting close to the top of the company's 52-week range of $249.32 to $494.71. The trucking operator carries a trailing price-to-earnings ratio of 33.6, with a forward P/E of 24.5.

Wall Street Analyst Views on Saia

Wall Street firms continue to monitor the transportation provider closely, with several updates arriving in autumn. On September 4, 2026, JP Morgan maintained its overweight rating with a $490 price target. Days later on September 8, Citigroup kept a buy rating and set a $417 target. Bernstein initiated coverage on September 10 with an outperform rating and a $439 target. Into October, Susquehanna kept a neutral rating with a $360 target on October 2, while JP Morgan adjusted its target to $463 on October 5 while keeping an overweight rating. Citigroup reiterated its buy stance on October 7 with a $429 target, Stifel maintained a buy rating on October 8 with a $423 target, and StoneX kept a buy rating on October 15 while lowering its target to $480.

Inside the Trucking Business

Saia, Inc. operates as a major transportation company across North America, specializing in less-than-truckload shipping services for shipments ranging between 100 and 10,000 pounds. Headquartered in Johns Creek, Georgia, the firm also handles brokered truckloads, expedited transport, and other logistics needs using thousands of tractors and trailers.

Looking Ahead for the Transport Firm

Investors tracking the company will look toward the next earnings release scheduled for October 29, 2026, for updated financial metrics and operational results. Because 13F reports only capture a single moment in time, further SEC filings will show whether the fund continues to build its position or locks in gains after the recent climb.