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 | |
|---|---|---|---|---|---|---|
401
Blackstone
BX
$102B
| $15.7M | 0.03% |
528,047
+302,028
| +134% | +$9.98M |
|
402
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $15.7M | 0.03% |
+299,585
| New | +$15.7M |
|
403
Lloyds Banking Group
LYG
$90.7B
| $15.6M | 0.03% |
6,112,419
+5,016,922
| +458% | +$14.3M |
|
404
Banco Bilbao Vizcaya Argentaria
BBVA
$152B
| $15.6M | 0.03% |
2,945,378
+2,753,195
| +1,433% | +$15.6M |
|
|
ABB
405
DELISTED
ABB Ltd
ABB
| $15.5M | 0.03% |
813,517
+186,669
| +30% | +$3.78M |
|
406
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $15.4M | 0.03% |
+449,900
| New | +$15.9M |
|
|
RHT
407
DELISTED
Red Hat Inc
RHT
| $15.4M | 0.03% |
87,451
+78,203
| +846% | +$12.4M |
|
408
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$77.4M
| $15.4M | 0.03% |
274,231
+251,115
| +1,086% | +$14.4M |
|
409
PUT
Lockheed Martin
LMT
$132B
| $15.3M | 0.03% |
58,600
+7,200
| +14% | +$2.18M |
|
|
AGN
410
CALL
DELISTED
Allergan plc
AGN
| $15.3M | 0.03% |
114,800
+57,900
| +102% | +$9.49M |
|
411
PUT
Vale
VALE
$63.8B
| $15.3M | 0.03% |
1,159,000
+1,087,800
| +1,528% | +$15.5M |
|
|
RSX
412
CALL
DELISTED
VanEck Russia ETF
RSX
| $15.2M | 0.03% |
810,200
+323,500
| +66% | +$6.65M |
|
413
PUT
iShares MSCI South Africa ETF
EZA
$551M
| $15.2M | 0.03% |
301,000
+293,100
| +3,710% | +$14.9M |
|
414
Electronic Arts
EA
$52.9B
| $15.1M | 0.03% |
191,883
-126,251
| -40% | -$11.6M |
|
415
PUT
iShares Semiconductor ETF
SOXX
$41.7B
| $15.1M | 0.03% |
288,000
+235,200
| +445% | +$12.9M |
|
416
PUT
Yelp
YELP
$1.44B
| $15.1M | 0.03% |
430,400
+414,600
| +2,624% | +$15.8M |
|
417
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $14.8M | 0.03% |
331,400
+104,500
| +46% | +$6.02M |
|
418
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $14.8M | 0.03% |
661,777
+594,067
| +877% | +$14M |
|
419
CALL
Shopify
SHOP
$159B
| $14.8M | 0.03% |
1,066,000
+399,000
| +60% | +$5.62M |
|
420
CALL
American Airlines Group
AAL
$10.2B
| $14.6M | 0.03% |
455,800
-52,000
| -10% | -$1.81M |
|
|
ATVI
421
DELISTED
Activision Blizzard
ATVI
| $14.6M | 0.03% |
313,928
-198,944
| -39% | -$11.9M |
|
422
CALL
lululemon athletica
LULU
$13.6B
| $14.5M | 0.03% |
119,600
-7,200
| -6% | -$965K |
|
423
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $14.5M | 0.03% |
288,469
-307,273
| -52% | -$15.6M |
|
424
CALL
VanEck Junior Gold Miners ETF
GDXJ
$7.15B
| $14.5M | 0.03% |
480,500
-230,100
| -32% | -$6.47M |
|
425
CALL
Constellation Brands
STZ
$22.3B
| $14.3M | 0.03% |
89,100
-128,000
| -59% | -$25.4M |
|
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.