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 | |
|---|---|---|---|---|---|---|
701
ALPS Dynamic Core Income ETF
RFCI
$15.4M
| $7.82M | 0.02% |
329,735
+318,692
| +2,886% | +$7.53M |
|
702
PUT
Ford
F
$57.7B
| $7.81M | 0.02% |
1,020,600
+934,800
| +1,090% | +$8.33M |
|
|
AMJ
703
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $7.8M | 0.02% |
+349,500
| New | +$8.84M |
|
|
RTN
704
DELISTED
Raytheon Company
RTN
| $7.77M | 0.02% |
50,691
+22,970
| +83% | +$4.11M |
|
705
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$98.6M
| $7.76M | 0.02% |
114,143
+24,356
| +27% | +$1.66M |
|
|
AGN
706
DELISTED
Allergan plc
AGN
| $7.76M | 0.02% |
58,066
+39,724
| +217% | +$6.51M |
|
|
EMTL
707
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
| $7.76M | 0.02% |
162,975
+156,755
| +2,520% | +$7.52M |
|
708
PUT
Carter's
CRI
$1.37B
| $7.75M | 0.02% |
+95,000
| New | +$8.63M |
|
709
AT&T
T
$159B
| $7.74M | 0.02% |
358,887
-4,974,407
| -93% | -$116M |
|
710
PUT
Illumina
ILMN
$29.9B
| $7.71M | 0.02% |
26,420
+17,476
| +195% | +$5.41M |
|
711
FedEx
FDX
$73.1B
| $7.7M | 0.02% |
47,735
-76,742
| -62% | -$16.2M |
|
712
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$469M
| $7.7M | 0.02% |
147,948
-259,461
| -64% | -$13.6M |
|
713
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$499M
| $7.65M | 0.02% |
11,645
+150
| +1% | +$157K |
|
714
iShares MSCI USA Quality Factor ETF
QUAL
$45.9B
| $7.61M | 0.02% |
99,090
-8,225
| -8% | -$682K |
|
715
PUT
PepsiCo
PEP
$190B
| $7.58M | 0.02% |
68,600
+39,000
| +132% | +$4.4M |
|
|
VMW
716
CALL
DELISTED
VMware, Inc
VMW
| $7.57M | 0.02% |
55,200
+7,000
| +15% | +$1.06M |
|
717
PG&E
PCG
$38.9B
| $7.55M | 0.02% |
317,735
+99,163
| +45% | +$3.55M |
|
718
CALL
Northrop Grumman
NOC
$75.6B
| $7.52M | 0.02% |
30,700
+4,900
| +19% | +$1.35M |
|
|
IFFT
719
DELISTED
International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
| $7.5M | 0.02% |
147,850
+27,850
| +23% | +$1.53M |
|
720
Microchip Technology
MCHP
$40.5B
| $7.45M | 0.02% |
207,122
+177,888
| +608% | +$6.28M |
|
721
CALL
Kraft Heinz
KHC
$31.1B
| $7.44M | 0.02% |
172,800
-19,700
| -10% | -$1.02M |
|
722
CALL
MetLife
MET
$62.1B
| $7.42M | 0.02% |
180,600
-73,900
| -29% | -$3.17M |
|
723
CALL
Nutanix
NTNX
$15.8B
| $7.38M | 0.02% |
177,400
+118,100
| +199% | +$4.88M |
|
724
Las Vegas Sands
LVS
$31.8B
| $7.32M | 0.02% |
140,632
-16,959
| -11% | -$919K |
|
725
RTX Corp
RTX
$286B
| $7.31M | 0.02% |
109,101
+24,612
| +29% | +$1.93M |
|
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.