Jefferies Financial Group

JEF • NYSE

Jefferies Financial Group is a financial - capital markets company in the financial services sector on NYSE, led by Richard B. Handler, with a market cap of $12.8B. As of Q3 2025, 70% of shares are held by 555 institutional investors, with BlackRock, Inc. as the largest holder at 7.54%.

Chief Executive Officer of Leucadia National CorporationRichard B. Handler

Market Cap$12.8B

Financial - Capital Markets

Financial Services

Employees7.6K

Websitejefferies.com

Country

United States of America

Overview

Overview of institutional ownership in JEF as of Q3 2025 with a market cap of $13.5B

All Institutions

Institutions: 555
Value Held: $9.4B
Shares Held: 144.6M
Avg Position: $17.0M
Median Position: $880.7K

Hedge Funds

Hedge Funds: 54
Value Held: $959.8M
Shares Held: 14.7M
Avg Position: $17.8M
Median Position: $3.9M

Ownership Breakdown

Institutional (non-HF)

62.77%

$8.5B

Hedge Funds

7.11%

$959.8M

Retail & Other

30.12%

$4.1B

Based on market cap of $13.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in JEF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.0B 0.02% of portfolio	7.54% 15.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$973.1M 0.01% of portfolio	7.21% 14.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution	-	$604.9M 10.61% of portfolio	4.48% 9.2M shares	Q3 2024 Held for 1y 2m	$5.7B
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$466.9M 0.76% of portfolio	3.56% 7.4M shares	Q4 2021 Held for 3y 11m	$61.5B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$377.8M 0.12% of portfolio	2.80% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$326.2M 0.02% of portfolio	2.42% 5.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$315.8M 0.01% of portfolio	2.34% 4.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
M MASSACHUSETTS MUTUAL LIFE INSURANCE CO Institution	-	$304.5M 14.03% of portfolio	2.26% 4.7M shares	Q3 2024 Held for 1y 2m	$2.2B
E EMINENCE CAPITAL LLC Hedge Fund•Long/Short	Ricky Chad Sandler CEO	$219.7M 3.17% of portfolio	1.63% 3.4M shares	Q2 2025 Held for 5 months	$6.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$191.0M 0.01% of portfolio	1.41% 2.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for JEF in Q3 2025

Traded: +$259.1M
Buyers: 264
Sellers: 245
Total Bought: +$884.5M
Total Sold: −$625.4M
Avg Position: $15.3M

Biggest Buyers

Institution	Net Bought	Current Position
E EMINENCE CAPITAL LLC Hedge Fund•Long/Short	+$124.1M +1.9M shares	$219.7M 3.4M shares
A Artemis Investment Management LLP Institution	+$71.1M +1.1M shares	$155.7M 2.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$54.0M +824.7K shares	$100.2M 1.5M shares
FMR LLC Institution	+$51.2M +783.0K shares	$98.1M 1.5M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$49.8M +761.0K shares	$49.8M 761.0K shares
UBS Group AG Institution	+$42.1M +643.8K shares	$69.5M 1.1M shares
FEDERATED INVESTORS INC /PA/ Long Only Manager	+$34.9M +532.9K shares	$97.0M 1.5M shares
JPMORGAN CHASE & CO Institution	+$31.9M +487.9K shares	$326.2M 5.0M shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$30.3M +462.5K shares	$42.6M 651.2K shares
Allspring Global Investments Holdings, LLC Long Only Manager	+$23.1M +363.2K shares	$466.9M 7.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$69.6M −1.1M shares	$32.6M 498.3K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$60.1M −919.4K shares	$377.8M 5.8M shares
Q Qube Research & Technologies Ltd Institution	−$47.8M −730.5K shares	$39.8M 607.9K shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$32.4M −592.3K shares	Sold Off 0 shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$29.4M −537.6K shares	Sold Off 0 shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$23.2M −354.3K shares	$168.7M 2.6M shares
K KETTLE HILL CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	−$21.6M −394.3K shares	Sold Off 0 shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	−$21.0M −321.2K shares	$21.0M 321.6K shares
A Assenagon Asset Management S.A. Institution	−$19.8M −303.2K shares	$11.2M 171.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	−$19.8M −361.5K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited JEF in Q3 2025

New Positions: 28
New Value: $37.6M
Exited Positions: 59
Exited Value: $151.9M

New Positions

Institution	Position Value
Strategic Wealth Partners, Ltd. RIA/Wealth	$12.8M 196.4K shares
Covea Finance Private Equity	$11.5M 175.6K shares
DEAN INVESTMENT ASSOCIATES, LLC Long Only Manager	$3.0M 45.3K shares
NICHOLAS CO INC /WI Long Only Manager	$1.6M 24.4K shares
Dean Capital Management Long Only Manager	$1.5M 23.2K shares
BRIAN LOW FINANCIAL GROUP, LLC RIA/Wealth	$1.4M 20.8K shares
GUYASUTA INVESTMENT ADVISORS INC RIA/Wealth	$981.3K 15.0K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$937.6K 14.3K shares
ALPINE WOODS CAPITAL INVESTORS, LLC Hedge Fund•Long/Short	$775.3K 11.9K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$425.7K 6.5K shares

Exited Positions

Institution	Previous Position
Holocene Advisors, LP Hedge Fund•Long/Short	$32.4M 592.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$29.4M 537.6K shares
K KETTLE HILL CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	$21.6M 394.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$19.8M 361.5K shares
N NATIXIS Institution	$9.1M 166.5K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$8.7M 158.6K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$7.9M 144.2K shares
Lighthouse Investment Partners, LLC Fund of Funds	$3.5M 64.0K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$3.3M 60.8K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$1.6M 29.5K shares

Options Activity

Institutions with the largest Call and Put options positions in JEF as of Q3 2025

Call Positions: 22
Call Value: $103.0M
Put Positions: 22
Put Value: $95.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$21.4M 3.3K contracts
CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund•Distressed	$19.6M 3.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$13.5M 2.1K contracts
J JANE STREET GROUP, LLC Institution	$10.5M 1.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$8.4M 1.3K contracts
W WOLVERINE TRADING, LLC Institution	$7.9M 1.2K contracts
D D. E. Shaw & Co., Inc. Institution	$6.9M 1.1K contracts
GOLDMAN SACHS GROUP INC Institution	$3.1M 480.0 contracts
C Cubist Systematic Strategies, LLC Institution	$3.1M 478.0 contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$2.2M 337.0 contracts

Put Positions

Institution	Position Value
CARRONADE CAPITAL MANAGEMENT, LP Hedge Fund•Distressed	$16.4M 2.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$14.5M 2.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$10.6M 1.6K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$7.4M 1.1K contracts
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy	$7.1M 1.1K contracts
GOLDMAN SACHS GROUP INC Institution	$6.6M 1.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.1M 937.0 contracts
Jain Global LLC Hedge Fund•Multi-Strategy	$5.2M 800.0 contracts
D D. E. Shaw & Co., Inc. Institution	$3.2M 495.0 contracts
C Cubist Systematic Strategies, LLC Institution	$3.1M 480.0 contracts

Most Committed Institutions

Institutions with JEF as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Moerus Capital Management LLC Hedge Fund•Value	Amit Bhagwandas Wadhwaney Managing Partner	18.08% $44.5M	0.33% 679.8K shares	Q4 2018 Held for 6y 11m	$246.0M
M MASSACHUSETTS MUTUAL LIFE INSURANCE CO Institution	-	14.03% $304.5M	2.26% 4.7M shares	Q3 2024 Held for 1y 2m	$2.2B
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution	-	10.61% $604.9M	4.48% 9.2M shares	Q3 2024 Held for 1y 2m	$5.7B
GoodHaven Capital Management, LLC Hedge Fund•Value	Larry Steven Pitkowsky Managing Partner	9.31% $28.9M	0.21% 442.0K shares	≤ Q2 2013 Held for 12y 5m+	$310.6M
M Merrion Investment Management Co, LLC RIA/Wealth	Nancy M Westbrock CEO	7.76% $13.5M	0.10% 206.7K shares	Q4 2020 Held for 4y 11m	$174.3M
Mraz, Amerine & Associates, Inc. RIA/Wealth	Deidre Michelle Mraz CCO	5.79% $37.2M	0.28% 568.7K shares	≤ Q2 2013 Held for 12y 5m+	$642.3M
W Wealth High Governance Capital Ltda Institution	-	4.79% $15.7M	0.12% 240.0K shares	Q2 2025 Held for 5 months	$327.9M
R ROBOTTI ROBERT Institution	-	3.71% $21.8M	0.16% 332.7K shares	≤ Q2 2013 Held for 12y 5m+	$585.9M
E Ervin Investment Management, LLC RIA/Wealth	Daniel Jesse Ervin Managing Partner	3.25% $5.7M	0.04% 86.7K shares	Q4 2021 Held for 3y 11m	$174.7M
E EMINENCE CAPITAL LLC Hedge Fund•Long/Short	Ricky Chad Sandler CEO	3.17% $219.7M	1.63% 3.4M shares	Q2 2025 Held for 5 months	$6.9B

Hedge Fund Spotlight

Discover hedge funds investing in JEF

BALYASNY ASSET MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDmitry Balyasny

Portfolio Value: $48.1B
Positions: 1,894
Last Reported: Q3 2025

Sector Allocation

Position in Jefferies Financial Group

Market Value: $58.1M
Shares Held: 888.5K
Portfolio Weight: 0.12%
Owned Since: 2021-Q3

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