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 | |
|---|---|---|---|---|---|---|
326
Bank of America
BAC
$429B
| $19.6M | 0.04% |
795,996
+435,523
| +121% | +$11.8M |
|
327
PayPal
PYPL
$49.9B
| $19.6M | 0.04% |
233,232
+117,101
| +101% | +$9.75M |
|
328
Vanguard Real Estate ETF
VNQ
$39.9B
| $19.5M | 0.04% |
262,147
-473,786
| -64% | -$37.3M |
|
329
CALL
Merck
MRK
$322B
| $19.4M | 0.04% |
266,192
+133,410
| +100% | +$9.42M |
|
330
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$840M
| $19.3M | 0.04% |
221,080
-16,600
| -7% | -$1.22M |
|
331
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $19.3M | 0.04% |
63,800
-38,500
| -38% | -$12.8M |
|
332
Ferrari
RACE
$67.8B
| $19.3M | 0.04% |
194,163
+128,394
| +195% | +$14.4M |
|
333
CALL
Coca-Cola
KO
$383B
| $19.2M | 0.04% |
406,500
+225,400
| +124% | +$10.8M |
|
334
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
| $19.2M | 0.04% |
726,064
+176,730
| +32% | +$4.8M |
|
335
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $19.2M | 0.04% |
590,100
+412,900
| +233% | +$14.2M |
|
336
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.68B
| $19.2M | 0.04% |
+15,191
| New | +$19.2M |
|
337
CALL
State Street SPDR S&P Retail ETF
XRT
$457M
| $19.1M | 0.04% |
466,900
+89,900
| +24% | +$4.11M |
|
|
SHPG
338
CALL
DELISTED
Shire pic
SHPG
| $19.1M | 0.04% |
109,600
+96,600
| +743% | +$16.9M |
|
339
PUT
Wynn Resorts
WYNN
$10.3B
| $19M | 0.04% |
192,500
+102,200
| +113% | +$11M |
|
340
iShares MSCI China ETF
MCHI
$6.23B
| $19M | 0.04% |
361,812
+357,086
| +7,556% | +$19.6M |
|
341
CALL
Petrobras
PBR
$120B
| $19M | 0.04% |
1,462,200
+521,600
| +55% | +$7.55M |
|
342
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$300M
| $19M | 0.04% |
541,100
+214,800
| +66% | +$8.4M |
|
343
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.23B
| $18.6M | 0.04% |
743,489
-83,181
| -10% | -$2.05M |
|
344
PUT
Nike
NKE
$64.1B
| $18.6M | 0.04% |
250,400
-101,200
| -29% | -$7.57M |
|
345
Costco
COST
$432B
| $18.5M | 0.04% |
90,634
+40,204
| +80% | +$8.98M |
|
346
PUT
iShares Russell 2000 Growth ETF
IWO
$14.1B
| $18.4M | 0.04% |
109,700
-62,200
| -36% | -$11.6M |
|
347
iShares Convertible Bond ETF
ICVT
$6.97B
| $18.4M | 0.04% |
349,716
+294,989
| +539% | +$16.4M |
|
348
Baidu
BIDU
$35.7B
| $18.3M | 0.04% |
115,105
-14,009
| -11% | -$2.61M |
|
349
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $18.3M | 0.04% |
+735,869
| New | +$17.2M |
|
350
iShares Russell 1000 ETF
IWB
$47.1B
| $18.2M | 0.04% |
+131,256
| New | +$19.6M |
|
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.