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 iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$1.29B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$937M |
| 3 |
iShares Floating Rate Bond ETF
FLOT
|
+$662M |
| 4 |
iShares MSCI United Kingdom ETF
EWU
|
+$615M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$541M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$1.06B |
| 2 |
Vanguard Total International Stock ETF
VXUS
|
+$717M |
| 3 |
Vanguard Total International Bond ETF
BNDX
|
+$633M |
| 4 |
SPDR Gold Trust
GLD
|
+$617M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$512M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.47% |
| 2 | Consumer Discretionary | 2.1% |
| 3 | Financials | 1.38% |
| 4 | Communication Services | 1.28% |
| 5 | Healthcare | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
IQ ARB Merger Arbitrage ETF
MNA
$253M
| $7.63M | ﹤0.01% |
241,110
-116,424
| -33% | -$3.66M |
|
1902
CALL
Johnson Controls International
JCI
$92.2B
| $7.62M | ﹤0.01% |
126,600
-97,300
| -43% | -$6.23M |
|
1903
Illumina
ILMN
$28.4B
| $7.62M | ﹤0.01% |
33,686
-67,351
| -67% | -$13.8M |
|
1904
PUT
Carlyle Group
CG
$17.2B
| $7.61M | ﹤0.01% |
244,900
+188,800
| +337% | +$6.3M |
|
1905
PUT
Philip Morris
PM
$295B
| $7.6M | ﹤0.01% |
78,200
-125,200
| -62% | -$12.5M |
|
1906
iShares MSCI Switzerland ETF
EWL
$2.23B
| $7.6M | ﹤0.01% |
167,743
-1,179,207
| -88% | -$52.1M |
|
|
SIX
1907
DELISTED
Six Flags Entertainment Corp.
SIX
| $7.6M | ﹤0.01% |
284,519
+170,664
| +150% | +$4.56M |
|
1908
CALL
Alnylam Pharmaceuticals
ALNY
$29.3B
| $7.59M | ﹤0.01% |
37,900
-31,100
| -45% | -$6.54M |
|
1909
PUT
First Citizens BancShares
FCNCA
$25.3B
| $7.59M | ﹤0.01% |
+7,800
| New | +$5.79M |
|
1910
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.36B
| $7.58M | ﹤0.01% |
325,670
+185,494
| +132% | +$4.23M |
|
1911
CALL
Baxter International
BAX
$14.2B
| $7.58M | ﹤0.01% |
186,800
+5,000
| +3% | +$212K |
|
1912
Ares Management
ARES
$30.9B
| $7.58M | ﹤0.01% |
90,801
-12,076
| -12% | -$960K |
|
1913
CALL
Penumbra
PEN
$12.8B
| $7.55M | ﹤0.01% |
27,100
-4,000
| -13% | -$1.02M |
|
1914
iShares MSCI Chile ETF
ECH
$1.06B
| $7.5M | ﹤0.01% |
260,726
+235,200
| +921% | +$6.65M |
|
1915
Cencora
COR
$61.2B
| $7.5M | ﹤0.01% |
46,827
-774,779
| -94% | -$123M |
|
1916
PUT
Altria Group
MO
$114B
| $7.49M | ﹤0.01% |
167,900
-279,900
| -63% | -$12.9M |
|
1917
State Street SPDR S&P International Small Cap ETF
GWX
$913M
| $7.49M | ﹤0.01% |
241,719
-310,401
| -56% | -$9.58M |
|
1918
Citizens Financial Group
CFG
$30.6B
| $7.48M | ﹤0.01% |
246,389
+213,759
| +655% | +$8.37M |
|
1919
CALL
RingCentral
RNG
$5.28B
| $7.47M | ﹤0.01% |
243,400
-102,100
| -30% | -$3.65M |
|
1920
Principal Financial Group
PFG
$24.3B
| $7.46M | ﹤0.01% |
100,421
+29,411
| +41% | +$2.5M |
|
1921
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$227M
| $7.46M | ﹤0.01% |
387,883
-420,783
| -52% | -$8.18M |
|
1922
PUT
Vail Resorts
MTN
$5.3B
| $7.45M | ﹤0.01% |
31,900
+2,800
| +10% | +$675K |
|
1923
iShares MSCI Emerging Markets Asia ETF
EEMA
$860M
| $7.45M | ﹤0.01% |
112,111
+22,849
| +26% | +$1.53M |
|
1924
CALL
Sunrun
RUN
$2.46B
| $7.45M | ﹤0.01% |
369,700
-194,600
| -34% | -$4.54M |
|
1925
Fidelity Limited Term Bond ETF
FLTB
$415M
| $7.44M | ﹤0.01% |
153,473
-43,795
| -22% | -$2.11M |
|
Similar funds
Jane Street's Q1 2023 Portfolio in Review
As of Q1 2023, Jane Street held 10,675 positions worth $244B, up 13% from $216B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Jane Street's Q1 2023 filing shows 1,657 new, 3,180 increased, 3,974 reduced and 1,760 closed positions. Its largest new stake was iShares MSCI EAFE Value ETF: 11,182,830 shares worth $543M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $1.06B.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jane Street's largest Q1 2023 buy was iShares MSCI EAFE Value ETF: 11,182,830 shares worth $543M.
- Jane Street added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q1 2023, an estimated $1.29B increase.
- Jane Street's biggest Q1 2023 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $1.06B.
- Jane Street fully exited State Street SPDR Bloomberg Convertible Securities ETF in Q1 2023, selling an estimated $119M.
- Jane Street's ten largest holdings make up 36% of its $244B portfolio in Q1 2023.
- Jane Street opened 1,657 new positions and closed 1,760 in Q1 2023.
- Jane Street's portfolio value rose 13% quarter-over-quarter to $244B.
Based on Jane Street's 13F filing for Q1 2023, filed 16 May 2023.