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 FTSE Emerging Markets ETF
VWO
|
+$333M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$254M |
| 3 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$236M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$235M |
| 5 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI EAFE ETF
IEFA
|
+$378M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$305M |
| 3 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$185M |
| 4 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$181M |
| 5 |
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.45% |
| 2 | Consumer Discretionary | 1.44% |
| 3 | Technology | 1.31% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
iShares MSCI Japan ETF
EWJ
$21.2B
| $35.3M | 0.06% |
621,400
+252,700
| +69% | +$13.8M |
|
227
iShares Core S&P Total US Stock Market ETF
ITOT
$92.3B
| $35.1M | 0.06% |
522,895
+389,857
| +293% | +$26.1M |
|
228
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.51B
| $34.9M | 0.06% |
661,800
-336,100
| -34% | -$17.6M |
|
229
PUT
iShares MSCI South Korea ETF
EWY
$20.1B
| $34.7M | 0.06% |
615,100
-445,200
| -42% | -$24.6M |
|
230
CALL
iShares Core S&P 500 ETF
IVV
$858B
| $34.6M | 0.06% |
116,000
+1,600
| +1% | +$476K |
|
231
Mastercard
MA
$498B
| $34.4M | 0.06% |
126,697
+58,883
| +87% | +$16.2M |
|
232
CALL
Nike
NKE
$64.1B
| $34.4M | 0.06% |
366,200
+183,800
| +101% | +$15.8M |
|
233
CALL
United States Oil Fund
USO
$2.15B
| $34.4M | 0.06% |
378,850
-115,050
| -23% | -$10.8M |
|
234
CALL
iShares Core S&P Small-Cap ETF
IJR
$109B
| $33.8M | 0.06% |
434,500
+138,100
| +47% | +$10.7M |
|
235
CALL
Trade Desk
TTD
$8.97B
| $33.7M | 0.06% |
1,798,000
+756,000
| +73% | +$18M |
|
236
PUT
Bristol-Myers Squibb
BMY
$129B
| $33.7M | 0.06% |
664,300
+469,600
| +241% | +$22.1M |
|
237
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $33.6M | 0.06% |
724,424
+98,805
| +16% | +$4.56M |
|
|
238
CALL
Bristol-Myers Squibb
BMY
$129B
| $33.3M | 0.06% |
656,600
+163,200
| +33% | +$7.67M |
|
239
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.62B
| $33.1M | 0.05% |
496,538
+477,000
| +2,441% | +$31.2M |
|
240
CALL
Align Technology
ALGN
$12.9B
| $33M | 0.05% |
182,300
+90,500
| +99% | +$18.8M |
|
241
PUT
Chevron
CVX
$382B
| $32.9M | 0.05% |
277,700
-80,000
| -22% | -$9.72M |
|
242
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $32.9M | 0.05% |
323,697
-34,358
| -10% | -$3.49M |
|
243
CALL
Workday
WDAY
$41.5B
| $32.6M | 0.05% |
191,900
+129,500
| +208% | +$25M |
|
244
PUT
Walmart Inc
WMT
$909B
| $32.5M | 0.05% |
822,300
+50,100
| +6% | +$1.89M |
|
245
PUT
IBM
IBM
$213B
| $32.5M | 0.05% |
233,886
+27,719
| +13% | +$3.74M |
|
246
CALL
VanEck Junior Gold Miners ETF
GDXJ
$6.86B
| $32.4M | 0.05% |
894,000
-326,800
| -27% | -$12.7M |
|
247
CALL
RH
RH
$3.33B
| $32.3M | 0.05% |
189,200
+98,900
| +110% | +$14.1M |
|
|
TWTR
248
CALL
DELISTED
Twitter, Inc.
TWTR
| $32.1M | 0.05% |
779,800
+267,500
| +52% | +$10.9M |
|
249
Unilever
UL
$142B
| $32.1M | 0.05% |
474,340
-96,703
| -17% | -$6.7M |
|
250
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$13.4B
| $31.6M | 0.05% |
2,785,500
-559,500
| -17% | -$6.1M |
|
Similar funds
Jane Street's Q3 2019 Portfolio in Review
As of Q3 2019, Jane Street held 6,276 positions worth $60.6B, up 7.1% from $56.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jane Street deployed $4.81B of net new capital in Q3 2019, opening 1,218 new positions and adding to 1,833 existing holdings. Its largest new stake was Restaurant Brands International: 1,228,839 shares worth $87.4M.
By sector, the portfolio is most concentrated in Financials at 1.4% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was iShares Core MSCI EAFE ETF, an estimated $378M trimmed.
- Jane Street's largest Q3 2019 buy was Restaurant Brands International: 1,228,839 shares worth $87.4M.
- Jane Street added most to Vanguard FTSE Emerging Markets ETF in Q3 2019, an estimated $333M increase.
- Jane Street's biggest Q3 2019 reduction was iShares Core MSCI EAFE ETF, cutting an estimated $378M.
- Jane Street fully exited Invesco Senior Loan ETF in Q3 2019, selling an estimated $95M.
- Jane Street's ten largest holdings make up 26% of its $60.6B portfolio in Q3 2019.
- Jane Street opened 1,218 new positions and closed 1,283 in Q3 2019.
- Jane Street's portfolio value rose 7.1% quarter-over-quarter to $60.6B.
Based on Jane Street's 13F filing for Q3 2019, filed 14 Nov 2019.