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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.51B |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
+$467M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$389M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$371M |
| 5 |
Amazon
AMZN
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$385M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$360M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$267M |
| 4 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$254M |
| 5 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$225M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 2.31% |
| 2 | Consumer Discretionary | 1.96% |
| 3 | Industrials | 1.36% |
| 4 | Technology | 1.28% |
| 5 | Healthcare | 1.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Union Pacific
UNP
$174B
| $38.4M | 0.05% |
212,397
+184,763
| +669% | +$31.6M |
|
227
Shopify
SHOP
$168B
| $38.2M | 0.05% |
961,690
+226,070
| +31% | +$7.65M |
|
228
RTX Corp
RTX
$290B
| $38.2M | 0.05% |
405,170
+365,925
| +932% | +$33.2M |
|
229
CALL
United Parcel Service
UPS
$88.9B
| $38M | 0.05% |
324,800
-20,000
| -6% | -$2.37M |
|
230
PUT
Salesforce
CRM
$154B
| $37.8M | 0.05% |
232,500
-144,100
| -38% | -$22.6M |
|
231
CALL
Oneok
OKE
$56.7B
| $37.5M | 0.05% |
495,600
+468,900
| +1,756% | +$33.5M |
|
232
CALL
Verizon
VZ
$197B
| $36.7M | 0.05% |
598,100
+181,600
| +44% | +$11M |
|
233
Netflix
NFLX
$307B
| $36.7M | 0.05% |
1,133,710
+762,610
| +205% | +$22.6M |
|
234
CALL
Merck
MRK
$322B
| $36.5M | 0.05% |
420,248
-104,066
| -20% | -$8.55M |
|
235
3M
MMM
$91.8B
| $36.4M | 0.05% |
246,725
+81,236
| +49% | +$11.4M |
|
236
PUT
Invesco Senior Loan ETF
BKLN
$6.96B
| $36.1M | 0.05% |
1,584,000
+572,100
| +57% | +$12.9M |
|
237
Carlyle Group
CG
$16.1B
| $36M | 0.05% |
1,122,147
+789
| +0.1% | +$22.3K |
|
|
SUM
238
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $35.9M | 0.05% |
1,528,654
+1,517,780
| +13,958% | +$34.4M |
|
239
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $35.8M | 0.05% |
691,284
-196,109
| -22% | -$10.2M |
|
240
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.54B
| $35.3M | 0.05% |
372,734
+255,004
| +217% | +$22.1M |
|
241
iShares Russell 2000 Growth ETF
IWO
$14.1B
| $35.3M | 0.05% |
+164,678
| New | +$33.4M |
|
242
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$300M
| $35.1M | 0.05% |
1,321,900
+865,300
| +190% | +$22.1M |
|
243
CALL
United States Oil Fund
USO
$2.15B
| $35.1M | 0.05% |
342,100
-36,750
| -10% | -$3.49M |
|
244
CALL
VanEck Semiconductor ETF
SMH
$60.8B
| $34.8M | 0.05% |
492,000
-901,600
| -65% | -$59M |
|
245
Vanguard High Dividend Yield ETF
VYM
$80.8B
| $34.7M | 0.05% |
370,123
+356,734
| +2,664% | +$32.3M |
|
246
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.29B
| $34.7M | 0.05% |
850,001
+825,946
| +3,434% | +$32.5M |
|
247
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.27B
| $34.7M | 0.05% |
524,500
-155,100
| -23% | -$8.98M |
|
248
CALL
NextEra Energy
NEE
$185B
| $34.7M | 0.05% |
572,400
-106,400
| -16% | -$6.21M |
|
249
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.6B
| $34.5M | 0.05% |
707,103
+609,549
| +625% | +$29.4M |
|
250
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $34.4M | 0.05% |
313,735
+23,070
| +8% | +$2.5M |
|
Similar funds
Jane Street's Q4 2019 Portfolio in Review
As of Q4 2019, Jane Street held 6,246 positions worth $71.7B, up 18% from $60.6B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Jane Street deployed $4.11B of net new capital in Q4 2019, opening 1,261 new positions and adding to 1,892 existing holdings. Its largest new stake was iShares 20+ Year Treasury Bond ETF: 1,053,226 shares worth $143M.
By sector, the portfolio is most concentrated in Communication Services at 2.3% of assets, up from 0.88% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was iShares MSCI Emerging Markets ETF, an estimated $385M trimmed.
- Jane Street's largest Q4 2019 buy was iShares 20+ Year Treasury Bond ETF: 1,053,226 shares worth $143M.
- Jane Street added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $1.51B increase.
- Jane Street's biggest Q4 2019 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $385M.
- Jane Street fully exited iShares MBS ETF in Q4 2019, selling an estimated $175M.
- Jane Street's ten largest holdings make up 31% of its $71.7B portfolio in Q4 2019.
- Jane Street opened 1,261 new positions and closed 1,265 in Q4 2019.
- Jane Street's portfolio value rose 18% quarter-over-quarter to $71.7B.
Based on Jane Street's 13F filing for Q4 2019, filed 14 Feb 2020.