Jane Street’s ProShares Hedge Replication ETF HDG Stock Holding History

Jane Street’s Portfolio HDG Stock Details HDG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-6,088	Closed	-$297K	–	10127
2025 Q1	$297K	Sell	6,088 -4,897	-45%	-$243K	﹤0.01%	7823
2024 Q4	$542K	Buy	+10,985	New	+$549K	﹤0.01%	6616
2024 Q3	–	Sell	-10,911	Closed	-$533K	–	9901
2024 Q2	$533K	Sell	10,911 -12,075	-53%	-$593K	﹤0.01%	6916
2024 Q1	$1.13M	Buy	+22,986	New	+$1.12M	﹤0.01%	5186
2023 Q4	–	Sell	-8,543	Closed	-$406K	–	9424
2023 Q3	$406K	Sell	8,543 -29,036	-77%	-$1.4M	﹤0.01%	6598
2023 Q2	$1.82M	Buy	37,579 +15,082	+67%	+$726K	﹤0.01%	4306
2023 Q1	$1.08M	Sell	22,497 -169,659	-88%	-$8.19M	﹤0.01%	4853
2022 Q4	$9.04M	Buy	192,156 +175,613	+1,062%	+$8.18M	﹤0.01%	1732
2022 Q3	$744K	Sell	16,543 -22,749	-58%	-$1.07M	﹤0.01%	5951
2022 Q2	$1.83M	Buy	39,292 +24,357	+163%	+$1.16M	﹤0.01%	4339
2022 Q1	$741K	Buy	14,935 +77	+0.5%	+$3.84K	﹤0.01%	6740
2021 Q4	$766K	Buy	+14,858	New	+$769K	﹤0.01%	6442
2021 Q3	–	Sell	-27,444	Closed	-$1.44M	–	10238
2021 Q2	$1.44M	Buy	+27,444	New	+$1.43M	﹤0.01%	5023
2021 Q1	–	Sell	-19,348	Closed	-$969K	–	9296
2020 Q4	$969K	Sell	19,348 -14,467	-43%	-$696K	﹤0.01%	4705
2020 Q3	$1.55M	Sell	33,815 -21,381	-39%	-$988K	﹤0.01%	3414
2020 Q2	$2.53M	Buy	+55,196	New	+$2.46M	﹤0.01%	2741
2020 Q1	–	Sell	-5,978	Closed	-$279K	–	5578
2019 Q4	$279K	Sell	5,978 -2,264	-27%	-$104K	﹤0.01%	4357
2019 Q3	$373K	Buy	8,242 +2,605	+46%	+$118K	﹤0.01%	3904
2019 Q2	$256K	Sell	5,637 -20,351	-78%	-$920K	﹤0.01%	4408
2019 Q1	$1.17M	Buy	25,988 +8,799	+51%	+$392K	﹤0.01%	2631
2018 Q4	$740K	Sell	17,189 -92,967	-84%	-$4.09M	﹤0.01%	2969
2018 Q3	$5M	Buy	110,156 +39,290	+55%	+$1.78M	0.01%	1036
2018 Q2	$3.19M	Buy	70,866 +60,804	+604%	+$2.76M	0.01%	1431
2018 Q1	$454K	Buy	10,062 +3,214	+47%	+$146K	﹤0.01%	3574
2017 Q4	$310K	Sell	6,848 -32,083	-82%	-$1.45M	﹤0.01%	3721
2017 Q3	$1.74M	Buy	38,931 +23,945	+160%	+$1.06M	0.01%	1727
2017 Q2	$662K	Buy	14,986 +6,749	+82%	+$297K	﹤0.01%	2683
2017 Q1	$361K	Buy	+8,237	New	+$358K	﹤0.01%	3230
2016 Q4	–	Sell	-14,381	Closed	-$614K	–	4247
2016 Q3	$614K	Sell	14,381 -15,685	-52%	-$666K	﹤0.01%	2542
2016 Q2	$1.26M	Sell	30,066 -25,412	-46%	-$1.06M	0.01%	1736
2016 Q1	$2.32M	Buy	55,478 +17,675	+47%	+$727K	0.01%	1055
2015 Q4	$1.59M	Buy	+37,803	New	+$1.6M	0.01%	1282
2015 Q1	–	Sell	-10,332	Closed	-$437K	–	3263
2014 Q4	$437K	Buy	+10,332	New	+$434K	﹤0.01%	1592
2014 Q1	–	Sell	-14,196	Closed	-$592K	–	2835
2013 Q4	$592K	Buy	14,196 +7,781	+121%	+$322K	0.01%	1116
2013 Q3	$263K	Buy	+6,415	New	+$261K	﹤0.01%	2200

Other funds holding HDG

FFC

Frederick Financial Consultants Frederick, Maryland $201M AUM 21.39% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

CWM

Comprehensive Wealth Management Lynnwood, Washington $198M AUM 11.59% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

FAIM

Financial Advocates Investment Management Olympia, Washington $178M AUM 21.03% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Jane Street's HDG Position: Q2 2025 in Review

Jane Street sold out of ProShares Hedge Replication ETF (HDG) in Q2 2025, closing a stake of 6,088 shares — an estimated $297K sold.

Jane Street first reported a position in HDG in Q3 2013 and held it in 35 quarters. The position peaked at $9.04M in Q4 2022. 10 funds tracked by Wall St. Rank hold HDG as of Q2 2025.

Jane Street reported no remaining ProShares Hedge Replication ETF position as of Q2 2025 after selling out during the quarter.
Jane Street sold 6,088 ProShares Hedge Replication ETF shares in Q2 2025, an estimated $297K.
Jane Street first reported a position in ProShares Hedge Replication ETF in Q3 2013 and held it in 35 quarters.
Jane Street's ProShares Hedge Replication ETF position peaked at $9.04M in Q4 2022.
10 funds tracked by Wall St. Rank held ProShares Hedge Replication ETF as of Q2 2025.

Based on Jane Street's 13F filing for Q2 2025, filed 14 Aug 2025.