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 Core MSCI Emerging Markets ETF
IEMG
|
+$443M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$318M |
| 3 |
Meta Platforms (Facebook)
META
|
+$282M |
| 4 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$156M |
| 5 |
Amazon
AMZN
|
+$154M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.85B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$367M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$260M |
| 4 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$138M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$120M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 2.36% |
| 2 | Communication Services | 2.28% |
| 3 | Industrials | 2.21% |
| 4 | Technology | 2.19% |
| 5 | Financials | 1.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
CALL
VanEck Junior Gold Miners ETF
GDXJ
$6.86B
| $48M | 0.12% |
1,492,600
+586,000
| +65% | +$19.2M |
|
127
PUT
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $47.6M | 0.12% |
1,454,600
-1,101,600
| -43% | -$37M |
|
128
CALL
United States Oil Fund
USO
$2.15B
| $47.4M | 0.12% |
453,013
+236,713
| +109% | +$23.9M |
|
129
CALL
Boyd Gaming
BYD
$6.75B
| $46.8M | 0.12% |
1,470,000
+1,329,600
| +947% | +$47.6M |
|
130
CALL
Western Digital
WDC
$159B
| $46.7M | 0.12% |
669,835
+263,277
| +65% | +$17.7M |
|
131
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.7B
| $46.6M | 0.12% |
919,400
+566,400
| +160% | +$29.5M |
|
132
CALL
Ross Stores
ROST
$80.8B
| $46.5M | 0.12% |
596,400
+591,600
| +12,325% | +$46.9M |
|
133
Honeywell
HON
$76.4B
| $46.3M | 0.12% |
354,629
+165,749
| +88% | +$22.9M |
|
134
PUT
iShares MSCI Brazil ETF
EWZ
$8.98B
| $46.2M | 0.12% |
1,029,000
-146,100
| -12% | -$6.53M |
|
135
Micron Technology
MU
$835B
| $45.1M | 0.12% |
864,797
-504,240
| -37% | -$24.1M |
|
|
AMJ
136
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $44.6M | 0.12% |
1,856,410
+1,669,888
| +895% | +$45.8M |
|
137
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$300M
| $44.2M | 0.11% |
1,217,800
-353,800
| -23% | -$13.1M |
|
|
UGAZ
138
DELISTED
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2
UGAZ
| $43.9M | 0.11% |
75,595
-29,347
| -28% | -$19.3M |
|
139
GE Aerospace
GE
$364B
| $43.7M | 0.11% |
676,162
+246,507
| +57% | +$18.3M |
|
140
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $43.7M | 0.11% |
1,070,600
+1,040,000
| +3,399% | +$44.8M |
|
141
PUT
Bank of America
BAC
$429B
| $43.3M | 0.11% |
1,444,700
-898,000
| -38% | -$28.2M |
|
142
iShares China Large-Cap ETF
FXI
$4.32B
| $43.1M | 0.11% |
913,183
+750,649
| +462% | +$36.9M |
|
143
Citigroup
C
$213B
| $42.8M | 0.11% |
634,092
+578,072
| +1,032% | +$43.5M |
|
|
144
CALL
Bank of America
BAC
$429B
| $42.6M | 0.11% |
1,421,400
+376,500
| +36% | +$11.8M |
|
145
3M
MMM
$91.8B
| $42.3M | 0.11% |
230,218
+128,503
| +126% | +$25.5M |
|
146
Tesla
TSLA
$1.18T
| $42.1M | 0.11% |
2,375,160
+2,280,030
| +2,397% | +$50.1M |
|
147
iShares Core 10+ Year USD Bond ETF
ILTB
$594M
| $42M | 0.11% |
679,656
+672,836
| +9,866% | +$41.8M |
|
148
PUT
VF Corp
VFC
$5.92B
| $41.4M | 0.11% |
593,658
+327,521
| +123% | +$23.7M |
|
149
Ferrari
RACE
$67.8B
| $41.2M | 0.11% |
341,462
+325,189
| +1,998% | +$39.4M |
|
150
CALL
FedEx
FDX
$73B
| $41M | 0.11% |
170,600
+6,300
| +4% | +$1.59M |
|
Similar funds
Jane Street's Q1 2018 Portfolio in Review
As of Q1 2018, Jane Street held 5,932 positions worth $38.7B, up 11% from $34.8B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jane Street deployed $4.12B of net new capital in Q1 2018, opening 1,443 new positions and adding to 1,807 existing holdings. Its largest new stake was iShares MBS ETF: 1,299,616 shares worth $136M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 2.4% of assets, up from 1.8% a quarter earlier, followed by Communication Services and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.85B trimmed.
- Jane Street's largest Q1 2018 buy was iShares MBS ETF: 1,299,616 shares worth $136M.
- Jane Street added most to iShares Core MSCI Emerging Markets ETF in Q1 2018, an estimated $443M increase.
- Jane Street's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.85B.
- Jane Street fully exited Vanguard Total International Stock ETF in Q1 2018, selling an estimated $98.2M.
- Jane Street's ten largest holdings make up 19% of its $38.7B portfolio in Q1 2018.
- Jane Street opened 1,443 new positions and closed 1,205 in Q1 2018.
- Jane Street's portfolio value rose 11% quarter-over-quarter to $38.7B.
Based on Jane Street's 13F filing for Q1 2018, filed 15 May 2018.