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 | |
|---|---|---|---|---|---|---|
1026
PUT
Norwegian Cruise Line
NCLH
$8.9B
| $19.6M | 0.01% |
1,604,100
+105,600
| +7% | +$1.59M |
|
1027
ServiceNow
NOW
$121B
| $19.6M | 0.01% |
252,770
-48,065
| -16% | -$3.76M |
|
1028
CALL
ING
ING
$102B
| $19.6M | 0.01% |
1,611,100
+168,000
| +12% | +$1.82M |
|
1029
CALL
Axsome Therapeutics
AXSM
$10.8B
| $19.5M | 0.01% |
253,100
+71,500
| +39% | +$4.27M |
|
|
UCD
1030
CALL
DELISTED
PROSHARES ULTRA BLOOMBERG COMMODITY
UCD
| $19.5M | 0.01% |
453,000
+53,300
| +13% | +$2.29M |
|
|
MIT
1031
DELISTED
Mason Industrial Technology, Inc.
MIT
| $19.5M | 0.01% |
1,947,153
+1,357,780
| +230% | +$13.5M |
|
1032
PUT
Paychex
PAYX
$42.8B
| $19.4M | 0.01% |
168,300
-20,600
| -11% | -$2.41M |
|
1033
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$295M
| $19.4M | 0.01% |
400,997
+7,369
| +2% | +$357K |
|
1034
Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
$143M
| $19.4M | 0.01% |
817,242
+91,686
| +13% | +$2.15M |
|
1035
CALL
Sherwin-Williams
SHW
$88.2B
| $19.4M | 0.01% |
81,800
+9,500
| +13% | +$2.2M |
|
1036
PUT
Dollar General
DG
$28.1B
| $19.4M | 0.01% |
78,700
-7,600
| -9% | -$1.88M |
|
1037
TJX Companies
TJX
$178B
| $19.4M | 0.01% |
243,237
+114,089
| +88% | +$8.42M |
|
1038
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.13B
| $19.3M | 0.01% |
859,576
+464,470
| +118% | +$10.1M |
|
1039
CALL
Norfolk Southern
NSC
$76.7B
| $19.3M | 0.01% |
78,300
-217,100
| -73% | -$51.4M |
|
|
X
1040
DELISTED
US Steel
X
| $19.3M | 0.01% |
769,292
-161,049
| -17% | -$3.71M |
|
1041
Vanguard FTSE Pacific ETF
VPL
$8.32B
| $19.3M | 0.01% |
299,189
+143,270
| +92% | +$8.94M |
|
|
HTO
1042
H2O America
HTO
$2.58B
| $19.2M | 0.01% |
236,928
+203,573
| +610% | +$14.6M |
|
1043
CALL
Allstate
ALL
$70.7B
| $19.2M | 0.01% |
141,500
+10,400
| +8% | +$1.36M |
|
1044
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $19.2M | 0.01% |
399,400
-300,700
| -43% | -$14.7M |
|
1045
CALL
US Bancorp Series B Preferred Stock
USB.PRH
$748M
| $19.2M | 0.01% |
439,500
+29,100
| +7% | +$544K |
|
|
CNR
1046
CALL
Core Natural Resources Inc
CNR
$4.54B
| $19.1M | 0.01% |
294,500
-54,500
| -16% | -$3.68M |
|
1047
ASML
ASML
$657B
| $19.1M | 0.01% |
35,030
-8,419
| -19% | -$4.41M |
|
1048
CALL
HCA Healthcare
HCA
$88.4B
| $19.1M | 0.01% |
79,700
-50,800
| -39% | -$11.4M |
|
1049
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$449M
| $19.1M | 0.01% |
268,600
-51,400
| -16% | -$3.4M |
|
1050
Kanzhun
BZ
$7.21B
| $19.1M | 0.01% |
936,867
+508,044
| +118% | +$8.34M |
|
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 1,990 positions and reducing 4,301 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 1,990 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.