Jane Street More Than Doubles Nvidia Stake to 23.8 Million Shares

Jane Street’s third-quarter filing listed more than twice as many Nvidia shares as its second-quarter filing, showing a 23.8 million-share position as of Sept. 30.

The position was valued at about $5.44 billion at a share price of $228.38. Jane Street’s second-quarter filing listed 11.8 million shares worth $2.4 billion. Nvidia was the firm’s second-largest reported holding, behind SPDR S&P 500 ETF Trust.

The 13F filing records positions at quarter-end. It does not show when Jane Street bought the shares, so the filings do not establish the timing of the increase or the firm’s current holdings. They also do not disclose short positions, leaving its overall exposure to Nvidia unclear.

The filing also listed puts and calls using the value of their underlying shares rather than the options’ market value. Those figures do not show how offsetting trades may affect Jane Street’s total exposure.