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 | |
|---|---|---|---|---|---|---|
126
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.3B
| $55.5M | 0.12% |
1,934,800
+1,144,800
| +145% | +$38.3M |
|
127
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.55B
| $54.9M | 0.12% |
1,173,600
+523,000
| +80% | +$28M |
|
128
CALL
United States Natural Gas Fund
UNG
$444M
| $54.8M | 0.12% |
554,825
+243,475
| +78% | +$29.5M |
|
129
Vodafone
VOD
$37.7B
| $54.4M | 0.11% |
2,823,191
+2,603,809
| +1,187% | +$52M |
|
130
PUT
Dollar Tree
DLTR
$24.4B
| $53.4M | 0.11% |
591,100
+561,400
| +1,890% | +$47.4M |
|
|
BBL
131
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $52.4M | 0.11% |
1,250,051
+1,162,702
| +1,331% | +$47.7M |
|
|
TWTR
132
CALL
DELISTED
Twitter, Inc.
TWTR
| $50.4M | 0.11% |
1,754,900
+464,200
| +36% | +$14.6M |
|
133
PUT
iShares Biotechnology ETF
IBB
$9.55B
| $50.1M | 0.11% |
519,700
+306,300
| +144% | +$32.5M |
|
134
PUT
Adobe
ADBE
$99B
| $49.8M | 0.1% |
220,200
-10,500
| -5% | -$2.53M |
|
135
PUT
Caterpillar
CAT
$387B
| $48.9M | 0.1% |
385,200
+95,300
| +33% | +$12.4M |
|
136
PUT
JPMorgan Chase
JPM
$950B
| $48.8M | 0.1% |
499,700
+264,900
| +113% | +$28.2M |
|
|
137
PUT
United States Natural Gas Fund
UNG
$444M
| $48.5M | 0.1% |
490,400
+146,075
| +42% | +$17.7M |
|
138
PUT
Goldman Sachs
GS
$305B
| $48.1M | 0.1% |
287,700
-69,400
| -19% | -$14M |
|
139
NVIDIA
NVDA
$4.77T
| $47.9M | 0.1% |
14,344,880
-11,802,800
| -45% | -$56.5M |
|
140
PUT
Baidu
BIDU
$35.7B
| $47.6M | 0.1% |
300,400
-114,500
| -28% | -$21.4M |
|
141
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.42B
| $47.6M | 0.1% |
448,250
+433,504
| +2,940% | +$60.6M |
|
142
CALL
PayPal
PYPL
$51.4B
| $46.9M | 0.1% |
557,400
+158,200
| +40% | +$13.2M |
|
143
PUT
ProShares UltraPro Short S&P 500
SPXU
$416M
| $46.7M | 0.1% |
10,044
+1,591
| +19% | +$6.32M |
|
144
PUT
Johnson & Johnson
JNJ
$643B
| $46.6M | 0.1% |
361,300
+327,100
| +956% | +$45.6M |
|
145
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$223M
| $46.6M | 0.1% |
307,530
+251,130
| +445% | +$64.1M |
|
|
146
PUT
PayPal
PYPL
$51.4B
| $46.1M | 0.1% |
548,300
+336,900
| +159% | +$28.1M |
|
147
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $46.1M | 0.1% |
641,963
+620,457
| +2,885% | +$50M |
|
148
CALL
ProShares UltraPro QQQ
TQQQ
$30.5B
| $45.6M | 0.1% |
9,843,200
-2,114,400
| -18% | -$13.3M |
|
149
CALL
Qualcomm
QCOM
$172B
| $45.5M | 0.1% |
798,700
+298,200
| +60% | +$18.1M |
|
|
150
PUT
ProShares UltraPro QQQ
TQQQ
$30.5B
| $45.4M | 0.1% |
9,804,000
+679,200
| +7% | +$4.27M |
|
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.