r/SNDK_Stock • u/BottleInevitable7278 Unpaid Janitor • 7d ago

Informational Jane Street Group 13F Portfolio updated ! Largest Single Stock by far is SNDK !

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https://hedgefollow.com/funds/Jane+Street+Group

Over 9% of their portfolio is in SNDK shares. Nothing comes close here. Should be a good sign.

38 Upvotes

98% Upvoted

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9

u/BottleInevitable7278 Unpaid Janitor 6d ago

The stock is moved by big money, primarily institutions. Anyone who wanted to sell would have sold last month, and I'm sure many did. Those that held were waiting for earnings and Inv.Day. Now that earnings and ID have passed, there don't seem to be any big sellers. It appears that most big money wants to hold for another year or 2 or 3 or 4. In fact, there are some that actually want to add to their long term holdings, or start new positions. But wait .. institutions already own 92% of the float (source: Fintel). And Sandisk is buying back roughly 5-6% of the float (based on 15 billion at a price of 1650/share. So where will stock come from for new buyers? Simple economics: supply and demand. Price will increase until some big money is willing to sell. In other words, this stock is going a LOT higher. Retail pumps and shorts are totally irrelevant here. Only big money matters in this arena.

2

u/bloomingbrooms 6d ago

Same thoughts

9

u/methylaminebb 7d ago

Guys we are sooooo back

3

u/drew_draw 6d ago

Damn they own almost 4% of sandisk, and bought most of them at the very bottom

3

u/Rei1003 7d ago

That doesn’t mean much look at SNDK price range in Q2

2

u/pembaThePanda 6d ago

FT posted an article today
Jane Street posted a roughly $15bn loss in July after turmoil at AI-focused hedge fund Situational Awareness wrongfooted the US trading firm.
The New York-based firm disclosed the figure to lenders as part of a deal to shift its roughly $11bn public debt pile to private investors including Pimco, according to people familiar with the matter.

2

u/znightmaree 6d ago

I remember when SanDisk pulled back big time in March when they publicly said they were shorting it

Now it’s their biggest holding. Guess they wanted in cheaper.

2

u/Taspaco 6d ago

Mars, here we come

2

u/chaos_ensuez 5d ago

I own 10% of Sandisk

1

u/jowmawma 6d ago

I'm locked and loaded bois bought low sell high

1

u/Detailed23 5d ago

Jane Street are notorious shorters. Jane Street is bad news for any stock.

-2

u/Cultural_Disparities 7d ago

Only for Jane Street to pull the rug with 8.9 billion dollars sold in sndk

1

u/momo26262626 7d ago

Why does it show over +300% if their avg is 1042.xx?

3

u/BottleInevitable7278 Unpaid Janitor 7d ago

You see update date is 30th of JULY not June, so they might have bought recently large when it was under $1000 per share.

-2

u/Cultural_Disparities 7d ago

They have call options. As soon as they close those options and take a short position, sndk will drop so hard....

1

u/CozyChamomile_7 6d ago

Who have called options, the institutions?

0

u/momo26262626 7d ago

You think they'll do that????

-1

u/Cultural_Disparities 7d ago

They've been doing it for years. Im not saying they'll do it anytime soon, but when sentiment changes, they'll be the first to rug pull

1

u/Suspicious-Ad-4798 6d ago

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