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 | |
|---|---|---|---|---|---|---|
151
PUT
Caterpillar
CAT
$384B
| $57.1M | 0.09% |
452,200
+66,700
| +17% | +$8.47M |
|
152
PUT
JPMorgan Chase
JPM
$946B
| $56.8M | 0.09% |
482,900
+62,500
| +15% | +$7.07M |
|
153
PUT
PayPal
PYPL
$51.5B
| $56.5M | 0.09% |
545,600
+329,000
| +152% | +$36.2M |
|
154
PUT
iShares Silver Trust
SLV
$27.6B
| $56.3M | 0.09% |
3,538,900
+3,243,300
| +1,097% | +$51.6M |
|
155
PUT
ExxonMobil
XOM
$636B
| $56.3M | 0.09% |
796,700
+162,500
| +26% | +$11.8M |
|
156
PUT
Salesforce
CRM
$150B
| $55.9M | 0.09% |
376,600
-24,700
| -6% | -$3.75M |
|
157
CALL
Broadcom
AVGO
$1.81T
| $55.9M | 0.09% |
2,024,000
-110,000
| -5% | -$3.13M |
|
158
Pfizer
PFE
$144B
| $55.5M | 0.09% |
1,628,097
+1,152,136
| +242% | +$41.9M |
|
159
CALL
Cisco
CSCO
$454B
| $55.2M | 0.09% |
1,117,100
+668,200
| +149% | +$34.7M |
|
|
160
CALL
Caterpillar
CAT
$384B
| $54.6M | 0.09% |
432,200
+41,900
| +11% | +$5.32M |
|
161
PUT
UnitedHealth
UNH
$390B
| $54.5M | 0.09% |
251,000
+141,200
| +129% | +$34.1M |
|
162
General Dynamics
GD
$106B
| $54.1M | 0.09% |
296,071
+284,166
| +2,387% | +$52.8M |
|
163
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $54M | 0.09% |
1,637,208
+1,080,474
| +194% | +$36.6M |
|
164
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.69B
| $53.4M | 0.09% |
1,211,400
-790,100
| -39% | -$33.2M |
|
165
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$3.89B
| $53.3M | 0.09% |
2,096,000
-558,000
| -21% | -$14.9M |
|
166
CALL
ProShares UltraPro S&P 500
UPRO
$5.13B
| $53.1M | 0.09% |
1,923,000
+410,400
| +27% | +$11.2M |
|
167
PUT
Goldman Sachs
GS
$306B
| $53M | 0.09% |
255,600
+115,200
| +82% | +$24.1M |
|
168
iShares MSCI Taiwan ETF
EWT
$9.59B
| $51.7M | 0.09% |
1,421,710
+787,565
| +124% | +$27.8M |
|
169
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $51.5M | 0.09% |
675,700
-24,900
| -4% | -$2.07M |
|
170
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$23.6B
| $51.4M | 0.08% |
1,589,000
-3,782,200
| -70% | -$117M |
|
171
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $51.3M | 0.08% |
2,151,600
-82,800
| -4% | -$1.99M |
|
172
PUT
United States Oil Fund
USO
$2B
| $51.2M | 0.08% |
564,313
-304,800
| -35% | -$28.6M |
|
173
Trane Technologies
TT
$103B
| $51.1M | 0.08% |
415,056
+337,257
| +433% | +$41.2M |
|
174
CALL
Wynn Resorts
WYNN
$10.3B
| $50.9M | 0.08% |
468,600
+229,100
| +96% | +$27.3M |
|
|
175
CALL
ExxonMobil
XOM
$636B
| $49.6M | 0.08% |
702,200
-114,300
| -14% | -$8.26M |
|
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.