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 |
SPDR Gold Trust
GLD
|
+$941M |
| 2 |
Vanguard Total International Stock ETF
VXUS
|
+$933M |
| 3 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$657M |
| 4 |
iShares Core MSCI Total International Stock ETF
IXUS
|
+$511M |
| 5 |
Microsoft
MSFT
|
+$459M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.09B |
| 2 |
Apple
AAPL
|
+$770M |
| 3 |
Vanguard FTSE Europe ETF
VGK
|
+$642M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$337M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Consumer Discretionary | 1.85% |
| 3 | Financials | 1.42% |
| 4 | Communication Services | 1.33% |
| 5 | Healthcare | 1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
PNC Financial Services
PNC
$101B
| $70.5M | 0.03% |
446,400
-145,100
| -25% | -$22.8M |
|
402
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.07B
| $70.2M | 0.03% |
+1,094,824
| New | +$67.4M |
|
403
CALL
EOG Resources
EOG
$76.4B
| $70.2M | 0.03% |
541,800
+29,500
| +6% | +$3.92M |
|
404
CALL
RH
RH
$3.56B
| $70M | 0.03% |
262,000
-25,600
| -9% | -$6.67M |
|
405
PUT
Northrop Grumman
NOC
$78.4B
| $69.7M | 0.03% |
127,700
+100,100
| +363% | +$52.2M |
|
406
PUT
Biogen
BIIB
$30.8B
| $69M | 0.03% |
249,000
-314,100
| -56% | -$88.7M |
|
407
PUT
Thermo Fisher Scientific
TMO
$209B
| $68.7M | 0.03% |
124,800
-60,000
| -32% | -$31.8M |
|
408
CALL
Li Auto
LI
$13.4B
| $67.6M | 0.03% |
3,315,700
+1,851,300
| +126% | +$35.2M |
|
409
Shopify
SHOP
$160B
| $67.6M | 0.03% |
1,947,437
+979,790
| +101% | +$33.5M |
|
410
CALL
Honeywell
HON
$78.9B
| $67.6M | 0.03% |
334,639
-763,178
| -70% | -$146M |
|
411
CALL
Datadog
DDOG
$103B
| $67.4M | 0.03% |
917,500
-80,700
| -8% | -$6.3M |
|
412
CALL
AT&T
T
$160B
| $67.3M | 0.03% |
3,687,000
-3,597,600
| -49% | -$64.4M |
|
413
PUT
United Parcel Service
UPS
$92.7B
| $67.1M | 0.03% |
385,700
+19,600
| +5% | +$3.39M |
|
414
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.42B
| $66.9M | 0.03% |
1,052,694
+1,035,131
| +5,894% | +$63.2M |
|
415
CALL
Philip Morris
PM
$291B
| $66.5M | 0.03% |
657,500
+301,200
| +85% | +$28.4M |
|
416
PUT
United Rentals
URI
$71.6B
| $66.3M | 0.03% |
186,600
-24,500
| -12% | -$8.05M |
|
417
Freeport-McMoran
FCX
$96.7B
| $65.5M | 0.03% |
1,724,896
+438,645
| +34% | +$15.3M |
|
418
PUT
Target
TGT
$67.3B
| $65.4M | 0.03% |
438,800
-196,200
| -31% | -$30.8M |
|
419
Procter & Gamble
PG
$345B
| $65.2M | 0.03% |
429,975
-906
| -0.2% | -$127K |
|
420
PUT
United Airlines
UAL
$43B
| $64.9M | 0.03% |
1,722,200
-697,100
| -29% | -$28.3M |
|
421
Morgan Stanley
MS
$341B
| $64.7M | 0.03% |
761,391
-1,012,633
| -57% | -$86.3M |
|
422
CALL
Phillips 66
PSX
$82.5B
| $64.7M | 0.03% |
621,400
+79,900
| +15% | +$8.17M |
|
423
iShares China Large-Cap ETF
FXI
$4.33B
| $64.6M | 0.03% |
2,281,632
-442,411
| -16% | -$11.4M |
|
424
PUT
Lowe's Companies
LOW
$122B
| $64.5M | 0.03% |
323,800
-130,700
| -29% | -$26.1M |
|
425
PUT
Intuitive Surgical
ISRG
$130B
| $64.4M | 0.03% |
242,600
+56,700
| +31% | +$13.8M |
|
Similar funds
Jane Street's Q4 2022 Portfolio in Review
As of Q4 2022, Jane Street held 11,014 positions worth $216B, down 5.4% from $229B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Jane Street withdrew a net $7.38B in Q4 2022, closing 1,989 positions and reducing 4,304 holdings. Its most notable exit was Twitter, Inc., an estimated $299M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2.2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jane Street opened a new position in Vanguard Total International Stock ETF worth $965M.
- Jane Street's largest Q4 2022 buy was Vanguard Total International Stock ETF: 18,650,377 shares worth $965M.
- Jane Street added most to SPDR Gold Trust in Q4 2022, an estimated $941M increase.
- Jane Street's biggest Q4 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.09B.
- Jane Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $299M.
- Jane Street's ten largest holdings make up 32% of its $216B portfolio in Q4 2022.
- Jane Street opened 1,402 new positions and closed 1,989 in Q4 2022.
- Jane Street's portfolio value fell 5.4% quarter-over-quarter to $216B.
Based on Jane Street's 13F filing for Q4 2022, filed 15 Feb 2023.