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Jane Street Jumps to 3rd Largest Nio Institutional Investor With 18M Share Purchase
['Matilde Alves', 'Matilde Is A Law-Backed Writer Who Joined Carba In April As A Junior Reporter.']
EV
Jane Street InvestmentsJane Street Group disclosed it has open positions in 6,877 companies, with a portfolio worth over $83.5 billion.
Institutional OwnershipA total of 476 investors collectively hold around 316 million shares in the EV maker, as of Monday.
As of the third quarter, the EV maker’s largest institutional shareholder was Aspex Management, which bought 35 million shares during the quarter.
Jane Street Group, which places third among Nio‘s largest institutional investors, has a stake that is currently worth nearly $118.5 million.
Stock PerformanceBy the end of September, the 19.2 million shares that the firm held in Nio were valued at $146.5 million.