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 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$1.29B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$937M |
| 3 |
iShares Floating Rate Bond ETF
FLOT
|
+$662M |
| 4 |
iShares MSCI United Kingdom ETF
EWU
|
+$615M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$541M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$1.06B |
| 2 |
Vanguard Total International Stock ETF
VXUS
|
+$717M |
| 3 |
Vanguard Total International Bond ETF
BNDX
|
+$633M |
| 4 |
SPDR Gold Trust
GLD
|
+$617M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$512M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.47% |
| 2 | Consumer Discretionary | 2.1% |
| 3 | Financials | 1.38% |
| 4 | Communication Services | 1.28% |
| 5 | Healthcare | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
VanEck Intermediate Muni ETF
ITM
$2.15B
| $44.5M | 0.02% |
+958,611
| New | +$44.2M |
|
577
CALL
Emerson Electric
EMR
$87.5B
| $44.5M | 0.02% |
511,200
+99,300
| +24% | +$8.68M |
|
578
CALL
Ulta Beauty
ULTA
$23.2B
| $44.5M | 0.02% |
81,500
+24,600
| +43% | +$12.6M |
|
579
D.R. Horton
DHI
$40.8B
| $44.4M | 0.02% |
454,076
+436,140
| +2,432% | +$41.6M |
|
580
PUT
Invesco Aerospace & Defense ETF
PPA
$8.62B
| $44.1M | 0.02% |
304,800
+124,200
| +69% | +$9.9M |
|
581
PUT
Invesco S&P SmallCap Low Volatility ETF
XSLV
$247M
| $44M | 0.02% |
1,909,000
+1,650,700
| +639% | +$74.8M |
|
582
PUT
Hyatt Hotels
H
$16.9B
| $43.8M | 0.02% |
391,900
+30,400
| +8% | +$3.33M |
|
583
iShares MSCI South Africa ETF
EZA
$568M
| $43.7M | 0.02% |
1,035,883
+922,368
| +813% | +$39.8M |
|
584
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $43.6M | 0.02% |
+849,473
| New | +$43M |
|
585
Vanguard Global ex-US Real Estate ETF
VNQI
$3.51B
| $43.5M | 0.02% |
1,071,032
-2,848,928
| -73% | -$120M |
|
586
Verizon
VZ
$195B
| $43.2M | 0.02% |
1,110,472
-260,610
| -19% | -$10.3M |
|
|
NVO
587
CALL
Novo Nordisk
NVO
$203B
| $42.7M | 0.02% |
537,000
-73,600
| -12% | -$5.22M |
|
588
PUT
Truist Financial
TFC
$64.2B
| $42.6M | 0.02% |
1,250,500
+1,184,700
| +1,800% | +$51.7M |
|
589
CALL
Zoom
ZM
$29.7B
| $42.5M | 0.02% |
575,300
-39,600
| -6% | -$2.85M |
|
590
CALL
Dollar General
DG
$28.1B
| $42.4M | 0.02% |
201,500
+80,300
| +66% | +$18M |
|
591
CALL
Enbridge
ENB
$113B
| $42.1M | 0.02% |
1,104,100
-161,700
| -13% | -$6.34M |
|
592
CALL
Twilio
TWLO
$29.3B
| $42M | 0.02% |
630,600
-111,100
| -15% | -$6.85M |
|
593
PUT
Western Digital
WDC
$156B
| $41.9M | 0.02% |
1,472,367
+631,865
| +75% | +$18.5M |
|
594
CALL
Union Pacific
UNP
$175B
| $41.8M | 0.02% |
207,900
-289,600
| -58% | -$58.7M |
|
595
PUT
Tyson Foods
TSN
$20.6B
| $41.8M | 0.02% |
704,400
+49,900
| +8% | +$3.06M |
|
596
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$617M
| $41.6M | 0.02% |
926,438
+596,382
| +181% | +$26.6M |
|
597
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $41.6M | 0.02% |
1,774,616
+234,594
| +15% | +$5.46M |
|
598
CALL
Danaher
DHR
$141B
| $41.5M | 0.02% |
185,894
-219,735
| -54% | -$50M |
|
599
iShares MSCI Intl Value Factor ETF
IVLU
$4.5B
| $41.5M | 0.02% |
1,674,263
+898,210
| +116% | +$22.1M |
|
600
PUT
American Airlines Group
AAL
$10.6B
| $41.3M | 0.02% |
2,798,900
-2,081,600
| -43% | -$32.4M |
|
Similar funds
Jane Street's Q1 2023 Portfolio in Review
As of Q1 2023, Jane Street held 10,675 positions worth $244B, up 13% from $216B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Jane Street's Q1 2023 filing shows 1,657 new, 3,180 increased, 3,974 reduced and 1,760 closed positions. Its largest new stake was iShares MSCI EAFE Value ETF: 11,182,830 shares worth $543M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $1.06B.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jane Street's largest Q1 2023 buy was iShares MSCI EAFE Value ETF: 11,182,830 shares worth $543M.
- Jane Street added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q1 2023, an estimated $1.29B increase.
- Jane Street's biggest Q1 2023 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $1.06B.
- Jane Street fully exited State Street SPDR Bloomberg Convertible Securities ETF in Q1 2023, selling an estimated $119M.
- Jane Street's ten largest holdings make up 36% of its $244B portfolio in Q1 2023.
- Jane Street opened 1,657 new positions and closed 1,760 in Q1 2023.
- Jane Street's portfolio value rose 13% quarter-over-quarter to $244B.
Based on Jane Street's 13F filing for Q1 2023, filed 16 May 2023.