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 EAFE ETF
IEFA
|
+$368M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$326M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$297M |
| 4 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$262M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$3.29B |
| 2 |
NVIDIA
NVDA
|
+$1.05B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$569M |
| 4 |
Apple
AAPL
|
+$271M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$254M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.53% |
| 2 | Consumer Discretionary | 1.89% |
| 3 | Healthcare | 1.42% |
| 4 | Communication Services | 1.41% |
| 5 | Financials | 1.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
PUT
Baidu
BIDU
$35.8B
| $47.3M | 0.08% |
403,100
-66,400
| -14% | -$9.46M |
|
177
CALL
Oneok
OKE
$57.2B
| $47.2M | 0.08% |
686,200
+516,100
| +303% | +$34.8M |
|
178
Vanguard Real Estate ETF
VNQ
$40B
| $47.1M | 0.08% |
539,164
+535,918
| +16,510% | +$46.9M |
|
179
PUT
JPMorgan Chase
JPM
$944B
| $47M | 0.08% |
420,400
+46,200
| +12% | +$5.09M |
|
|
DCUE
180
DELISTED
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
| $46.5M | 0.08% |
+448,617
| New | +$46.5M |
|
181
CALL
Intel
INTC
$446B
| $46.4M | 0.08% |
969,200
+151,300
| +18% | +$7.5M |
|
182
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $46.3M | 0.08% |
1,645,300
+919,500
| +127% | +$25.6M |
|
183
CALL
iShares US Home Construction ETF
ITB
$2.36B
| $45.9M | 0.08% |
1,202,100
-13,900
| -1% | -$526K |
|
184
CALL
Costco
COST
$422B
| $45.5M | 0.08% |
172,200
-124,800
| -42% | -$31.1M |
|
|
185
CALL
Vanguard Real Estate ETF
VNQ
$40B
| $45.5M | 0.08% |
520,300
+20,200
| +4% | +$1.77M |
|
186
PUT
Shopify
SHOP
$159B
| $45.1M | 0.08% |
1,503,000
+1,076,000
| +252% | +$28M |
|
187
iShares S&P India Nifty 50 Index Fund
INDY
$551M
| $44.9M | 0.08% |
+1,170,127
| New | +$44.5M |
|
188
Vanguard FTSE Europe ETF
VGK
$30.1B
| $44.6M | 0.08% |
812,562
+318,760
| +65% | +$17.4M |
|
189
PUT
Chevron
CVX
$381B
| $44.5M | 0.08% |
357,700
+85,000
| +31% | +$10.3M |
|
190
iShares MSCI China ETF
MCHI
$6.1B
| $44.5M | 0.08% |
+748,102
| New | +$44.9M |
|
191
TSMC
TSM
$2.04T
| $44.2M | 0.08% |
1,129,629
+1,075,888
| +2,002% | +$44.3M |
|
192
CALL
Roku
ROKU
$21.3B
| $44M | 0.08% |
486,200
-460,300
| -49% | -$37M |
|
|
AGN
193
CALL
DELISTED
Allergan plc
AGN
| $43.2M | 0.08% |
257,900
+185,600
| +257% | +$25.7M |
|
194
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $42.9M | 0.08% |
+752,779
| New | +$41.8M |
|
195
CALL
VanEck Junior Gold Miners ETF
GDXJ
$7.03B
| $42.7M | 0.08% |
1,220,800
+1,018,300
| +503% | +$31M |
|
196
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.5B
| $42.6M | 0.08% |
714,400
+469,800
| +192% | +$27.5M |
|
197
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $42.5M | 0.08% |
527,031
-415,655
| -44% | -$33.2M |
|
198
T-Mobile US
TMUS
$196B
| $42.4M | 0.08% |
572,535
+517,181
| +934% | +$38.4M |
|
199
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$163M
| $42.3M | 0.07% |
25,430
-987
| -4% | -$1.75M |
|
200
British American Tobacco
BTI
$131B
| $42M | 0.07% |
1,205,770
+66,734
| +6% | +$2.53M |
|
Similar funds
Jane Street's Q2 2019 Portfolio in Review
As of Q2 2019, Jane Street held 6,216 positions worth $56.6B, down 7.9% from $61.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jane Street withdrew a net $6.15B in Q2 2019, closing 1,157 positions and reducing 1,990 holdings. Its most notable exit was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF, an estimated $35.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, down from 5.5% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jane Street opened a new position in iShares Core US Aggregate Bond ETF worth $303M.
- Jane Street's largest Q2 2019 buy was iShares Core US Aggregate Bond ETF: 2,717,309 shares worth $303M.
- Jane Street added most to iShares Core MSCI EAFE ETF in Q2 2019, an estimated $368M increase.
- Jane Street's biggest Q2 2019 reduction was Amazon, cutting an estimated $3.29B.
- Jane Street fully exited State Street SPDR Portfolio Intermediate Term Corporate Bond ETF in Q2 2019, selling an estimated $35.7M.
- Jane Street's ten largest holdings make up 23% of its $56.6B portfolio in Q2 2019.
- Jane Street opened 1,283 new positions and closed 1,157 in Q2 2019.
- Jane Street's portfolio value fell 7.9% quarter-over-quarter to $56.6B.
Based on Jane Street's 13F filing for Q2 2019, filed 15 Aug 2019.