JEFFERIES FINL GROUP INC JEF
COM · Common Stock · CUSIP 47233W109 · ISIN US47233W1099
American financial services company
- SectorFinancials
- IndustrySecurity Brokers, Dealers & Flotation Companies
- HeadquartersNew York, NY
- Founded1979
- Websiteleucadia.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.1m this quarter). Holder counts are more reliable. Shares outstanding: 212.0m as of 2024-03-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $44.00. Options: 11 managers hold calls ($23.3m notional), 8 hold puts ($18.2m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 424 |
| Q4 2022 | 471 |
| Q1 2023 | 465 |
| Q2 2023 | 429 |
| Q3 2023 | 440 |
| Q4 2023 | 475 |
| Q1 2024 | 480 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 205 | 195 |
| Q1 2023 | 197 | 228 |
| Q2 2023 | 170 | 232 |
| Q3 2023 | 175 | 198 |
| Q4 2023 | 181 | 214 |
| Q1 2024 | 199 | 213 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $8.8m | $10.6m | 1.20 |
| Q3 2023 | $16.3m | $18.3m | 1.13 |
| Q4 2023 | $23.9m | $20.8m | 0.87 |
| Q1 2024 | $23.3m | $18.2m | 0.78 |
Biggest buyers
| Allspring Global Investments Holdings, LLC | Added | +2.9m |
| MORGAN STANLEY | Added | +2.5m |
| BARCLAYS PLC | Added | +1.1m |
| Alyeska Investment Group, L.P. | Added | +952.6k |
| Nuveen Asset Management, LLC | Added | +694.4k |
| MARSHALL WACE, LLP | New | +418.0k |
| Balyasny Asset Management L.P. | Added | +364.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +348.1k |
| Qube Research & Technologies Ltd | Added | +309.9k |
| Cerity Partners LLC | Added | +252.4k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -1.5m |
| Ceredex Value Advisors LLC | Reduced | -880.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -495.4k |
| NORTHERN TRUST CORP | Reduced | -428.9k |
| Sumitomo Mitsui DS Asset Management Company, Ltd | Sold out | -421.6k |
| DONALD SMITH & CO., INC. | Reduced | -415.7k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -393.2k |
| Robeco Institutional Asset Management B.V. | Reduced | -359.8k |
| HRT FINANCIAL LP | Reduced | -301.5k |
| FMR LLC | Reduced | -262.1k |
Biggest calls
| Quarry LP | New | $8.8m200.0k shares |
| CITADEL ADVISORS LLC | Added | $4.1m92.1k shares |
| D. E. Shaw & Co., Inc. | New | $3.5m79.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.9m66.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $1.7m376 shares |
| Walleye Capital LLC | New | $727.6k16.5k shares |
| Walleye Trading LLC | Added | $648.3k14.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $476.0k10.8k shares |
| GROUP ONE TRADING LLC | Reduced | $454.2k10.3k shares |
| BARCLAYS PLC | New | $35.3k800 shares |
Biggest puts
| Interval Partners, LP | Added | $7.9m1.8k shares |
| BARCLAYS PLC | Added | $4.4m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m46.0k shares |
| CITADEL ADVISORS LLC | Added | $1.9m42.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $1.1m251 shares |
| Walleye Capital LLC | Reduced | $463.1k10.5k shares |
| PEAK6 Investments LLC | New | $321.9k7.3k shares |
| Walleye Trading LLC | Reduced | $61.7k1.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 1 | $200.3k | — |
| Q3 2022 | 1 | $1.2m | 1 | $226.9k | — |
| Q4 2022 | 0 | — | 1 | $21.0m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $41.4m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 16.0m $707.1m | Reduced -1.5m |
| BlackRock Inc. 0.02% of their portfolio | 15.7m $694.3m | Reduced -9.1k |
| Allspring Global Investments Holdings, LLC 0.42% of their portfolio | 6.1m $269.6m | Added +2.9m |
| MORGAN STANLEY 0.01% of their portfolio | 5.5m $241.1m | Added +2.5m |
| First Pacific Advisors, LP 3.35% of their portfolio | 5.4m $239.0m | Reduced -3.4k |
| STATE STREET CORP 0.01% of their portfolio | 5.3m $235.0m | Added +96.3k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 4.2m $183.3m | Reduced -249.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.0m $177.4m | Added +190.4k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 3.3m $143.3m | Reduced -393.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.45% of their portfolio | 3.0m $132.6m | Reduced -16.7k |
| DONALD SMITH & CO., INC. 2.93% of their portfolio | 2.9m $126.0m | Reduced -415.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.8m $122.8m | Added +127.5k |
| NORGES BANK 0.02% of their portfolio | 2.4m $106.6m | Added +217.7k |
| Invesco Ltd. 0.02% of their portfolio | 2.3m $99.2m | Added +116.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.1m $94.1m | Reduced -76.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio | 1.9m $83.4m | Added +348.1k |
| Alyeska Investment Group, L.P. 0.48% of their portfolio | 1.8m $77.5m | Added +952.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.7m $75.3m | Added +199.7k |
| BECK MACK & OLIVER LLC 1.52% of their portfolio | 1.7m $74.8m | Reduced -43.7k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.7m $74.3m | Added +694.4k |
| BARCLAYS PLC 0.03% of their portfolio | 1.6m $72.0m | Added +1.1m |
| CAPTRUST FINANCIAL ADVISORS 0.25% of their portfolio | 1.5m $67.2m | Reduced -66.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $62.0m | Reduced -428.9k |
| MILLER HOWARD INVESTMENTS INC /NY 2.00% of their portfolio | 1.4m $61.0m | Reduced -18.0k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.3m $56.3m | Reduced -495.4k |
| PRIVATE MANAGEMENT GROUP INC 2.13% of their portfolio | 1.3m $56.3m | Reduced -141.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $54.0m | Added +27.7k |
| Moerus Capital Management LLC 14.70% of their portfolio | 1.1m $46.9m | Reduced -116.1k |
| Zurich Insurance Group Ltd/FI 0.43% of their portfolio | 1.1m $46.7m | Added +45.3k |
| Burgundy Asset Management Ltd. 0.48% of their portfolio | 1.1m $46.4m | Added +11.5k |
| LSV ASSET MANAGEMENT 0.09% of their portfolio | 1.0m $45.9m | Reduced -149.9k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 1.0m $44.1m | Reduced -177.7k |
| Private Capital Management, LLC 4.05% of their portfolio | 812.4k $35.8m | Reduced -132.5k |
| Hosking Partners LLP 1.28% of their portfolio | 784.1k $34.6m | Reduced -2.4k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 732.5k $32.3m | Added +309.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 711.1k $31.4m | Added +48.6k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 666.0k $29.4m | Added +249.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 597.4k $26.3m | Added +95.6k |
| STRS OHIO 0.10% of their portfolio | 591.7k $26.1m | Added +4.3k |
| Cinctive Capital Management LP 1.27% of their portfolio | 561.0k $24.7m | Added +228.8k |
| Mraz, Amerine & Associates, Inc. 4.67% of their portfolio | 560.1k $24.7m | Reduced -7.9k |
| Retirement Systems of Alabama 0.09% of their portfolio | 511.9k $22.6m | Added +13.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 495.1k $21.8m | Reduced -25.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 468.1k $20.6m | Reduced -50.7k |
| GoodHaven Capital Management, LLC 7.46% of their portfolio | 449.6k $19.8m | Unchanged |
| Cerity Partners LLC 0.05% of their portfolio | 449.0k $19.8m | Added +252.4k |
| FMR LLC 0.00% of their portfolio | 441.6k $19.5m | Reduced -262.1k |
| Berkshire Hathaway Inc 0.01% of their portfolio | 433.6k $19.1m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 431.7k $19.0m | Added +117.1k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 418.0k $18.4m | New |
| GUGGENHEIM CAPITAL LLC 0.13% of their portfolio | 417.5k $18.4m | Added +117.0k |
| ROBOTTI ROBERT 2.50% of their portfolio | 417.2k $18.4m | Reduced -3.6k |
| Legal & General Group Plc 0.01% of their portfolio | 413.0k $18.2m | Reduced -33.6k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 411.0k $18.1m | Added +16.9k |
| NewEdge Wealth, LLC 0.39% of their portfolio | 399.5k $17.5m | Added +43.1k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 395.5k $17.4m | Added +364.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 376.6k $16.6m | Added +180.7k |
| IAT REINSURANCE CO LTD. 2.95% of their portfolio | 360.9k $6.6m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 343.3k $15.1m | Reduced -14.8k |
| Swiss National Bank 0.01% of their portfolio | 332.4k $14.7m | Added +600 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 326.6k $14.4m | Reduced -7.3k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 317.5k $14.0m | Reduced -12.5k |
| Rock Point Advisors, LLC 4.15% of their portfolio | 316.7k $14.0m | Reduced -36.6k |
| FIRST MANHATTAN CO. LLC. 0.04% of their portfolio | 306.8k $13.5m | Reduced -5.4k |
| OPPENHEIMER & CO INC 0.21% of their portfolio | 293.6k $12.9m | Reduced -162.4k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 283.5k $12.5m | Added +49.3k |
| BAMCO INC /NY/ 0.03% of their portfolio | 279.5k $12.3m | Unchanged |
| Cambria Investment Management, L.P. 0.73% of their portfolio | 276.5k $12.2m | Reduced -1.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 270.8k $11.9m | Added +8.4k |
| Focus Partners Wealth 0.10% of their portfolio | 267.3k $11.8m | Added +13.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 263.5k $8.4m | Added +14.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 246.6k $10.9m | Reduced -8.3k |
| Interval Partners, LP 0.40% of their portfolio | 238.3k $10.5m | Reduced -55.4k |
| ACR Alpine Capital Research, LLC 0.32% of their portfolio | 237.4k $10.5m | Added +5.7k |
| Boston Partners 0.01% of their portfolio | 235.1k $10.4m | Reduced -48.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 226.9k $10.0m | Added +131.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 224.5k $9.9m | Reduced -3.0k |
| Merrion Investment Management Co, LLC 6.75% of their portfolio | 214.3k $9.5m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 191.4k $8.4m | Reduced -47.9k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 186.0k $8.2m | Reduced -4.4k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 185.5k $8.2m | Added +72.7k |
| Lafayette Investments, Inc. 1.83% of their portfolio | 184.7k $8.1m | Reduced -708 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 180.5k $8.0m | New |
| Squarepoint Ops LLC 0.03% of their portfolio | 177.8k $7.8m | Reduced -69.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 171.8k $7.6m | Reduced -10.2k |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 168.8k $7.4m | Reduced -62.0k |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 0.30% of their portfolio | 158.6k $7.0m | Added +8.6k |
| Redwood Investment Management, LLC 0.66% of their portfolio | 156.7k $6.9m | Added +42.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 155.4k $6.9m | Added +107.5k |
| Waterfront Wealth Inc. 1.84% of their portfolio | 150.8k $6.6m | Added +942 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 150.6k $6.6m | Added +4.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 150.2k $6.6m | Added +7.7k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 148.4k $6.5m | Added +3.0k |
| Susquehanna Portfolio Strategies, LLC 0.15% of their portfolio | 147.8k $6.5m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 147.7k $6.5m | Added +30.0k |
| GABELLI FUNDS LLC 0.05% of their portfolio | 147.1k $6.5m | Reduced -9.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 142.5k $6.3m | Reduced -18.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 139.6k $6.2m | Added +67.8k |
| UBS Group AG 0.00% of their portfolio | 139.3k $6.1m | Added +29.1k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 135.0k $6.0m | Added +107.7k |