Jane Street Portfolio holdings
Jane Street Group, founded in 2000 by Tim Reynolds, Rob Granieri, Marc Gerstein, and Michael Jenkins, is a New York City-based quantitative trading firm renowned for its technological prowess and collaborative problem-solving culture. Specializing in liquidity provision and market-making, it trades a vast array of financial products—including equities, bonds, options, and ETFs—across over 200 venues in 45 countries, handling trillions in securities annually. The firm, which employs over 2,600 people across offices in New York, London, Hong Kong, Amsterdam, Chicago, and Singapore, leverages advanced algorithms and a nearly 70-million-line OCaml codebase to dominate markets, notably ETFs, where it plays a critical role as an authorized participant. With net trading revenues exceeding $10 billion annually in recent years, including a record $10.6 billion in 2023, Jane Street has emerged as a secretive yet powerful force in global finance, outpacing traditional Wall Street giants like Goldman Sachs in trading profitability.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total International Bond ETF
BNDX
|
+$188M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$131M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$110M |
| 4 |
Baker Hughes
BKR
|
+$101M |
| 5 |
iShares MSCI Japan ETF
EWJ
|
+$93.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$743M |
| 2 |
Amazon
AMZN
|
+$475M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$250M |
| 4 |
SPDR Gold Trust
GLD
|
+$219M |
| 5 |
Vanguard Total Bond Market
BND
|
+$212M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.61% |
| 2 | Technology | 1.49% |
| 3 | Communication Services | 1.26% |
| 4 | Healthcare | 1.13% |
| 5 | Financials | 1.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
iShares MSCI India ETF
INDA
$6.81B
| $28.3M | 0.06% |
848,200
+731,900
| +629% | +$23.1M |
|
227
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $28.2M | 0.06% |
346,418
+279,886
| +421% | +$22.4M |
|
228
Salesforce
CRM
$154B
| $28M | 0.06% |
204,787
+140,054
| +216% | +$19.3M |
|
|
VXX
229
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $28M | 0.06% |
597,500
| – | – |
|
230
PUT
Home Depot
HD
$337B
| $27.9M | 0.06% |
162,300
-48,000
| -23% | -$8.61M |
|
231
PUT
State Street SPDR S&P Retail ETF
XRT
$457M
| $27.8M | 0.06% |
678,000
+173,000
| +34% | +$7.91M |
|
232
CALL
General Motors
GM
$80.9B
| $27.8M | 0.06% |
830,200
+430,800
| +108% | +$14.9M |
|
233
Teva Pharmaceuticals
TEVA
$40.4B
| $27.7M | 0.06% |
1,795,736
+1,585,664
| +755% | +$32.5M |
|
234
PUT
CSX Corp
CSX
$94B
| $27.6M | 0.06% |
1,330,500
+1,281,300
| +2,604% | +$29.5M |
|
235
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
| $27.5M | 0.06% |
1,038,800
+453,800
| +78% | +$12.3M |
|
236
CALL
Intuitive Surgical
ISRG
$127B
| $26.6M | 0.06% |
166,800
+50,700
| +44% | +$8.59M |
|
237
Diageo
DEO
$49.6B
| $26.6M | 0.06% |
186,780
-557,599
| -75% | -$78.4M |
|
238
iShares MSCI Mexico ETF
EWW
$1.89B
| $26.5M | 0.06% |
643,026
+378,650
| +143% | +$16.5M |
|
239
iShare MSCI Eurozone ETF
EZU
$9.38B
| $26.4M | 0.06% |
751,685
+741,685
| +7,417% | +$27.7M |
|
240
CRH
CRH
$66.6B
| $26M | 0.05% |
986,519
+511,187
| +108% | +$14.5M |
|
241
PUT
NetEase
NTES
$83B
| $25.7M | 0.05% |
547,000
+325,500
| +147% | +$14.7M |
|
|
RDS.B
242
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $25.6M | 0.05% |
427,647
+422,935
| +8,976% | +$27M |
|
243
CALL
Baidu
BIDU
$35.7B
| $25.6M | 0.05% |
161,600
-212,900
| -57% | -$39.7M |
|
244
CALL
Blackrock
BLK
$167B
| $25.4M | 0.05% |
64,700
+16,800
| +35% | +$6.88M |
|
245
CALL
UnitedHealth
UNH
$382B
| $25.2M | 0.05% |
101,300
+61,500
| +155% | +$16.2M |
|
246
CALL
Vale
VALE
$62.3B
| $25.2M | 0.05% |
1,909,500
+1,883,400
| +7,216% | +$26.9M |
|
|
WW
247
PUT
DELISTED
WW International
WW
| $25.2M | 0.05% |
652,700
+65,800
| +11% | +$3.61M |
|
248
PUT
Weibo
WB
$1.97B
| $25M | 0.05% |
427,100
+412,500
| +2,825% | +$25M |
|
249
CALL
EOG Resources
EOG
$77.7B
| $24.9M | 0.05% |
285,800
-13,500
| -5% | -$1.45M |
|
250
PUT
Moody's
MCO
$83.7B
| $24.9M | 0.05% |
+177,900
| New | +$26.8M |
|
Similar funds
Jane Street's Q4 2018 Portfolio in Review
As of Q4 2018, Jane Street held 6,359 positions worth $47.5B, down 6.1% from $50.6B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Jane Street deployed $5.33B of net new capital in Q4 2018, opening 1,350 new positions and adding to 1,796 existing holdings. Its largest new stake was Vanguard Total International Bond ETF: 3,452,240 shares worth $187M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.6% of assets, down from 3% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $743M trimmed.
- Jane Street's largest Q4 2018 buy was Vanguard Total International Bond ETF: 3,452,240 shares worth $187M.
- Jane Street added most to Invesco QQQ Trust in Q4 2018, an estimated $131M increase.
- Jane Street's biggest Q4 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $743M.
- Jane Street fully exited Vanguard Total Bond Market in Q4 2018, selling an estimated $212M.
- Jane Street's ten largest holdings make up 29% of its $47.5B portfolio in Q4 2018.
- Jane Street opened 1,350 new positions and closed 1,507 in Q4 2018.
- Jane Street's portfolio value fell 6.1% quarter-over-quarter to $47.5B.
Based on Jane Street's 13F filing for Q4 2018, filed 15 Feb 2019.