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 FTSE Emerging Markets ETF
VWO
|
+$333M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$254M |
| 3 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$236M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$235M |
| 5 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI EAFE ETF
IEFA
|
+$378M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$305M |
| 3 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$185M |
| 4 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$181M |
| 5 |
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.45% |
| 2 | Consumer Discretionary | 1.44% |
| 3 | Technology | 1.31% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
701
CALL
DELISTED
Hess
HES
| $8.1M | 0.01% |
133,900
+105,700
| +375% | +$6.59M |
|
702
PUT
NXP Semiconductors
NXPI
$59.2B
| $8.05M | 0.01% |
73,800
+30,100
| +69% | +$3.07M |
|
703
Starbucks
SBUX
$121B
| $8.04M | 0.01% |
90,971
-102,993
| -53% | -$9.55M |
|
704
PUT
Equifax
EFX
$20.4B
| $8.02M | 0.01% |
57,000
+6,700
| +13% | +$944K |
|
705
PUT
Medtronic
MDT
$109B
| $8.01M | 0.01% |
73,700
+12,900
| +21% | +$1.35M |
|
706
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $7.99M | 0.01% |
303,980
+234,936
| +340% | +$6.14M |
|
707
United States Oil Fund
USO
$2.14B
| $7.99M | 0.01% |
88,030
-90,124
| -51% | -$8.46M |
|
708
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$346M
| $7.96M | 0.01% |
76,900
-4,600
| -6% | -$486K |
|
709
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$31.3M
| $7.95M | 0.01% |
90
+22
| +32% | +$1.88M |
|
710
CALL
AstraZeneca
AZN
$264B
| $7.93M | 0.01% |
89,000
+86,100
| +2,969% | +$7.47M |
|
711
CALL
Regeneron Pharmaceuticals
REGN
$78.1B
| $7.93M | 0.01% |
28,600
+3,400
| +13% | +$1.01M |
|
712
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$70.3M
| $7.91M | 0.01% |
1,563
+20
| +1% | +$82.3K |
|
713
PUT
iShares Semiconductor ETF
SOXX
$42.3B
| $7.84M | 0.01% |
111,300
+21,900
| +24% | +$1.51M |
|
714
United Parcel Service
UPS
$88.5B
| $7.8M | 0.01% |
65,138
-18,975
| -23% | -$2.17M |
|
715
CALL
Atlassian
TEAM
$25.5B
| $7.8M | 0.01% |
62,200
+38,900
| +167% | +$5.3M |
|
716
PUT
ProShares UltraPro Dow 30
UDOW
$841M
| $7.8M | 0.01% |
296,800
-459,600
| -61% | -$11.8M |
|
|
717
CALL
NXP Semiconductors
NXPI
$59.2B
| $7.8M | 0.01% |
71,500
-324,400
| -82% | -$33.1M |
|
718
CALL
Applied Materials
AMAT
$410B
| $7.76M | 0.01% |
155,600
-60,600
| -28% | -$2.92M |
|
719
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $7.75M | 0.01% |
175,064
+1,084
| +0.6% | +$49.6K |
|
720
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $7.75M | 0.01% |
318,356
+295,955
| +1,321% | +$7.79M |
|
721
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.72B
| $7.74M | 0.01% |
194,017
+188,089
| +3,173% | +$7.47M |
|
722
InterContinental Hotels
IHG
$24.2B
| $7.74M | 0.01% |
+124,231
| New | +$8.11M |
|
723
Bank of Montreal
BMO
$126B
| $7.73M | 0.01% |
104,849
+84,080
| +405% | +$6.13M |
|
724
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.9B
| $7.72M | 0.01% |
194,752
+132,402
| +212% | +$5.23M |
|
725
iShares Agency Bond ETF
AGZ
$558M
| $7.7M | 0.01% |
66,074
+62,779
| +1,905% | +$7.28M |
|
Similar funds
Jane Street's Q3 2019 Portfolio in Review
As of Q3 2019, Jane Street held 6,276 positions worth $60.6B, up 7.1% from $56.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jane Street deployed $4.81B of net new capital in Q3 2019, opening 1,218 new positions and adding to 1,833 existing holdings. Its largest new stake was Restaurant Brands International: 1,228,839 shares worth $87.4M.
By sector, the portfolio is most concentrated in Financials at 1.4% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was iShares Core MSCI EAFE ETF, an estimated $378M trimmed.
- Jane Street's largest Q3 2019 buy was Restaurant Brands International: 1,228,839 shares worth $87.4M.
- Jane Street added most to Vanguard FTSE Emerging Markets ETF in Q3 2019, an estimated $333M increase.
- Jane Street's biggest Q3 2019 reduction was iShares Core MSCI EAFE ETF, cutting an estimated $378M.
- Jane Street fully exited Invesco Senior Loan ETF in Q3 2019, selling an estimated $95M.
- Jane Street's ten largest holdings make up 26% of its $60.6B portfolio in Q3 2019.
- Jane Street opened 1,218 new positions and closed 1,283 in Q3 2019.
- Jane Street's portfolio value rose 7.1% quarter-over-quarter to $60.6B.
Based on Jane Street's 13F filing for Q3 2019, filed 14 Nov 2019.