SCHEDULE 13G/A: Jane Street Group Discloses 3.3% Stake in UP Fintech

Jane Street Group, LLC and its affiliates have reported a 3.3% beneficial ownership stake in UP Fintech Holding Ltd's Class A Ordinary Shares.

Summary

• Jane Street Group, LLC, along with its affiliates Jane Street Capital, LLC and Jane Street Options, LLC, collectively beneficially own 84,175,395 Class A Ordinary Shares of UP Fintech Holding Ltd.
• This aggregate ownership represents 3.3% of the Class A Ordinary Shares outstanding.
• The shares are held on an as-converted basis in Class A Ordinary Shares, which are in the form of American Depositary Shares (ADS Shares).
• Each ADS share represents 15 Class A Ordinary Shares.
• The percentage of class is calculated based on 2,567,900,000 Class A Ordinary Shares outstanding as of June 30, 2025, as reported in a 6K filing on August 27, 2025.
• Jane Street Group, LLC holds shared voting and dispositive power over 84,175,395 shares.
• Jane Street Capital, LLC holds shared voting and dispositive power over 46,125 shares, representing 0.0% of the class.
• Jane Street Options, LLC holds shared voting and dispositive power over 84,129,270 shares, representing 3.3% of the class.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by an institutional investor, providing transparency without indicating any specific positive or negative operational or financial developments for the issuer. The 3.3% stake is below the 5% threshold that typically triggers more activist-oriented filings (13D).

Future Outlook

NA

Management Comments

• Jane Street Group, LLC certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or with the effect of changing or influencing the control of UP Fintech Holding Ltd, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing reflects a routine disclosure of beneficial ownership by a major financial trading firm in a publicly traded company, common for market participants like Jane Street Group. It provides transparency regarding institutional holdings in the financial technology sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, offering insight into the investor base of UP Fintech Holding Ltd.

Key Dates

Keywords

UP Fintech Holding Ltd, Jane Street Group, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, ADS Shares, SEC Filing, Investment, Broker-Dealer