Jefferies Financial Group Inc.

Diversified mechanical Mechanical CIK 96223
League rank
#34
in Diversified mechanical · #1337 overall
Long book
$7.91B
Q1 2026
Positions
1255
Top-10 weight
23%
concentration
Last quarter
+15.7%
SPY +14.8%
Turnover
47%
of book per quarter

Strategy in plain words

auto-generated from filings

Jefferies Financial Group Inc. is a mechanically diversified allocator, running a $7.91B US long book across 1255 positions.

The portfolio is broadly diversified across 1255 positions (top 10 only 23%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, SS SPDR S&P BIOTECH ETF, INVESCO QQQ TRUST SERIES 1, ISHARES RUSSELL 2000 ETF, NVIDIA CORP.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.3%
Q2 2024
+7.4%
Q3 2024
-0.9%
Q4 2024
-5.2%
Q1 2025
+6.8%
Q2 2025
+10.0%
Q3 2025
+2.6%
Q4 2025
-0.7%
Q1 2026
+15.7%

Sector allocation

Technology
22%
Healthcare
19%
Industrials
14%
Consumer discretionary
11%
Financials
10%
Services media
7%
Energy
5%
Other
5%

Long book by quarter

$4.56B
Q1 2024
$4.73B
Q2 2024
$5.75B
Q3 2024
$8.66B
Q4 2024
$5.56B
Q1 2025
$5.79B
Q2 2025
$10.56B
Q3 2025
$11.90B
Q4 2025
$7.91B
Q1 2026

What does Jefferies Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology742.3K$129.5M1.6%-64.2%
AMZN AMAZON.COM INCConsumer discretionary553.7K$115.3M1.5%-40.7%
MA MASTERCARD INC - AServices media227.1K$113.5M1.4%+116.4%
ASH ASHLAND INCConsumer discretionary1.9M$106.1M1.3%+0.4%
AVGO BROADCOM INCTechnology342.4K$106.0M1.3%+1012.5%
META META PLATFORMS INC-CLASS ATechnology180.1K$103.0M1.3%+355.9%
PTCT PTC THERAPEUTICS INCHealthcare1.4M$92.3M1.2%-18.3%
ACHC ACADIA HEALTHCARE CO INCHealthcare3.6M$84.5M1.1%+6.9%
ADP AUTOMATIC DATA PROCESSINGTechnology392.5K$79.7M1.0%+664.5%
WMT WALMART INCConsumer discretionary631.3K$78.5M1.0%+25.2%
JCI JOHNSON CONTROLS INTERNATIONIndustrials524.6K$68.7M0.9%+21942.6%
ADI ANALOG DEVICES INCTechnology214.3K$68.2M0.9%+5263.8%
APH AMPHENOL CORP-CL ATechnology531.3K$67.1M0.8%+126.4%
HLMN HILLMAN SOLUTIONS CORPIndustrials8.0M$66.5M0.8%-0.1%
CAT CATERPILLAR INCIndustrials83.7K$59.3M0.8%+695.6%
COR CENCORA INCConsumer discretionary181.3K$57.0M0.7%+51.6%
PPL PPL CORPUtilities1.5M$56.3M0.7%+18339.2%
TRS TRIMAS CORPIndustrials1.5M$55.7M0.7%-0.2%
LION LIONSGATE STUDIOS CORPServices media5.8M$55.7M0.7%-0.4%
TTE TOTALENERGIES SEEnergy583.4K$54.5M0.7%-30.7%
AAPL APPLE INCTechnology214.6K$54.5M0.7%-46.3%
TPR TAPESTRY INCOther377.7K$53.3M0.7%+378.0%
IMTX IMMATICS NVHealthcare5.1M$49.8M0.6%Held
ALLE ALLEGION PLCServices media335.4K$48.7M0.6%New
ABBV ABBVIE INCHealthcare208.4K$45.3M0.6%+101.4%
DVN DEVON ENERGY CORPEnergy880.0K$44.3M0.6%+78.9%
AMAT APPLIED MATERIALS INCTechnology127.6K$43.6M0.6%+707.4%
MRK MERCK & CO. INC.Healthcare361.7K$43.5M0.6%-27.8%
ROST ROSS STORES INCConsumer discretionary199.9K$43.3M0.5%-5.6%
ELV ELEVANCE HEALTH INCFinancials145.6K$42.6M0.5%+85.8%
HD HOME DEPOT INCConsumer discretionary129.2K$42.5M0.5%+33.1%
RTX RTX CORPIndustrials217.8K$42.0M0.5%+174.3%
AMD ADVANCED MICRO DEVICESTechnology200.3K$40.7M0.5%-35.0%
NSC NORFOLK SOUTHERN CORPIndustrials138.1K$39.6M0.5%-0.5%
URGN UROGEN PHARMA LTDHealthcare2.2M$39.5M0.5%Held
CERT CERTARA INCTechnology6.9M$39.1M0.5%+126.2%
XOM EXXON MOBIL CORPEnergy229.9K$39.0M0.5%+66.1%
TSLA TESLA INCIndustrials104.8K$39.0M0.5%-44.3%
AMGN AMGEN INCHealthcare108.3K$38.1M0.5%+3.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology258.5K$37.8M0.5%+77.7%
PNFP PINNACLE FINANCIAL PARTNERSFinancials436.8K$37.6M0.5%New
IQV IQVIA HOLDINGS INCHealthcare218.7K$37.3M0.5%+59.5%
NFLX NETFLIX INCServices media358.9K$34.5M0.4%+33.7%
GRAL GRAIL INCHealthcare657.5K$34.0M0.4%New
CXM SPRINKLR INC-ATechnology5.6M$33.7M0.4%+0.5%
JAZZ JAZZ PHARMACEUTICALS PLCHealthcare175.6K$33.2M0.4%+4917.1%
TIC TIC SOLUTIONS INCServices media5.0M$32.9M0.4%Held
LMT LOCKHEED MARTIN CORPIndustrials53.5K$32.3M0.4%+1545.3%
HON HONEYWELL INTERNATIONAL INCIndustrials134.8K$30.5M0.4%-64.7%
SRE SEMPRAUtilities310.0K$30.1M0.4%-18.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 20261692$14.61B canonicalSEC ↗
Q4 202513F-HRFeb 9, 20261824$19.57B canonicalSEC ↗
Q3 202513F-HRNov 13, 20251424$21.19B canonicalSEC ↗
Q2 202513F-HRAug 12, 20251244$11.90B canonicalSEC ↗
Q1 202513F-HRMay 8, 20251561$11.32B canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 27, 20251551$16.71B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251552$16.71B SEC ↗
Q3 202413F-HRNov 14, 20241398$13.98B canonicalSEC ↗
Q2 202413F-HRAug 13, 20241365$9.41B canonicalSEC ↗
Q1 202413F-HRMay 13, 20241551$10.82B canonicalSEC ↗