Jane Street affiliates hold 2.91M BBBY shares, disclosure shows 5.1%

Rhea-AI Filing Summary

Jane Street disclosed collective ownership of 2,910,102 shares of Bed Bath & Beyond common stock, representing 5.1% of the class as of the 09/30/2025 event date. The filing lists four related reporting entities — Jane Street Group, LLC, Jane Street Capital, LLC, Jane Street Options, LLC, and Jane Street Global Trading, LLC — each organized in Delaware and sharing voting and dispositive power over the reported positions. Individual holdings reported are 2,200,000 shares by Jane Street Global Trading, 647,900 by Jane Street Options, and 62,202 by Jane Street Capital, with the parent aggregation at 2,910,102 shares. The filing certifies the shares were not acquired to change or influence control.

Positive

• Aggregated disclosure provides clear transparency on ownership: 2,910,102 shares (5.1%)
• Certification states shares were not acquired to influence control, clarifying intent

Negative

• Concentration of 2.2M shares in one affiliate (Jane Street Global Trading) increases exposure to single-entity voting alignment
• Shared voting power equals total reported holdings, so individual sole control is absent but collective influence exists

Insights

Institutional Ownership Analyst

Large quant trading group holds a meaningful minority stake in BBBY.

Institutional consolidation shows 2.91M shares and a 5.1% ownership stake, which is large enough to appear on ownership screens but below typical control thresholds. The stake is divided across affiliated trading and options entities, with 2.2M shares held by the trading arm and the remainder in options and capital affiliates.

This structure suggests trading and market-making activities rather than a public activist intent; watch for any future amendments that change percent ownership or voting arrangements within the next reporting cycle.

Corporate Governance Analyst

Filing confirms no intent to influence control and standard disclosure by affiliated entities.

The certification states the position was not acquired to effect control and Item 8/9 note non-applicability for group activity, indicating no declared coordination among unrelated parties. Shared voting and dispositive power are reported, consistent with aggregated reporting of affiliated investment and trading vehicles.

Governance observers should monitor any changes in shared voting power or a crossing of regulatory thresholds such as 5.0% that could trigger different disclosure or engagement dynamics within weeks to months.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BED BATH & BEYOND, INC.

(Name of Issuer)

Common Stock, $0.0001 par value

(Title of Class of Securities)

690370101

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 690370101

1

Names of Reporting Persons

JANE STREET GROUP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,910,102.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,910,102.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,910,102.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 690370101

1

Names of Reporting Persons

Jane Street Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 62,202.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 62,202.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

62,202.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

BD

SCHEDULE 13G

CUSIP No. 690370101

1

Names of Reporting Persons

Jane Street Options, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 647,900.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 647,900.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

647,900.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

BD

SCHEDULE 13G

CUSIP No. 690370101

1

Names of Reporting Persons

Jane Street Global Trading, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,200,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,200,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,200,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.8 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BED BATH & BEYOND, INC.
(b)	Address of issuer's principal executive offices: 433 W. ASCENSION WAY, 3RD FLOOR, MURRAY, UTAH, 84123.
Item 2.
(a)	Name of person filing: Jane Street Group, LLC; Jane Street Capital, LLC; Jane Street Options, LLC; Jane Street Global Trading, LLC
(b)	Address or principal business office or, if none, residence: Jane Street Group, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Capital, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Options, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Global Trading, LLC 250 Vesey Street 6th Floor New York, NY 10281
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock, $0.0001 par value
(e)	CUSIP No.: 690370101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2910102
(b)	Percent of class: 5.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2910102
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2910102
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Subsidiary Jane Street Capital, LLC Jane Street Options, LLC Jane Street Global Trading, LLC
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JANE STREET GROUP, LLC

Signature:	Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized signatory)
Date:	10/07/2025

Jane Street Capital, LLC

Signature:	Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	10/07/2025

Jane Street Options, LLC

Signature:	Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized signatory)
Date:	10/07/2025

Jane Street Global Trading, LLC

Signature:	Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized signatory)
Date:	10/07/2025

FAQ

How many shares of BBBY does Jane Street report owning?

Jane Street reports aggregate beneficial ownership of 2,910,102 shares, representing 5.1% of BBBY common stock.

Which Jane Street entities hold BBBY shares?

The filing lists Jane Street Group, LLC; Jane Street Capital, LLC; Jane Street Options, LLC; and Jane Street Global Trading, LLC as reporting persons.

Does the filing say Jane Street intends to change control of BBBY?

No. The certification states the securities were not acquired to change or influence control and are not held in connection with such a transaction.

What are the largest individual holdings among the affiliates?

Jane Street Global Trading holds 2,200,000 shares, Jane Street Options holds 647,900 shares, and Jane Street Capital holds 62,202 shares.

What voting and dispositive powers are reported?

All reporting persons indicate 0 sole voting/dispositive power and report shared voting and dispositive power over their respective holdings.