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For Financial Professionals in the US

Opportunistic Alpha Managed Account Holdings

Full Portfolio Holdings

(As of 11/30/2025)

% OF INVESTMENTS
Oracle Corp 6.84
Capital One Financial Corp 6.12
Amazon.com Inc 5.56
Vertiv Holdings Co 5.15
PNC Financial Services Group Inc 4.89
Surgery Partners Inc 4.62
Taiwan Semiconductor Manufacturing Co Ltd (ADR) 4.44
Marvell Technology Inc 3.76
Howmet Aerospace Inc 3.35
Flutter Entertainment PLC 3.34
UnitedHealth Group Inc 3.31
Caesars Entertainment Inc 2.93
Western Alliance Bancorp 2.88
Blackstone Inc 2.72
Argenx SE (ADR) 2.71
3M Co 2.69
Nebius Group NV 2.58
Madrigal Pharmaceuticals Inc 2.44
Nexstar Media Group Inc 2.43
Hong Kong Exchanges & Clearing Ltd (ADR) 2.42
Intercontinental Exchange Inc 2.22
Cullen/Frost Bankers Inc 2.07
Core & Main Inc 2.03
HubSpot Inc 1.78
Builders FirstSource Inc 1.54
Sotera Health Co 1.53
Wingstop Inc 1.48
Dell Technologies Inc 1.44
Baker Hughes Co 1.34
Cipher Mining Inc 1.26
Lumentum Holdings Inc 1.21
Lantheus Holdings Inc 1.03
Sportradar Group AG 1.01
Workday Inc 0.96
Mid-America Apartment Communities Inc 0.96
Bullish 0.94
Vaxcyte Inc 0.66
Cash & Equivalents 1.36
Janus Henderson publishes this listing of securities held as of the most recently available disclosure period, which varies depending on the portfolio. Any portion of holdings may be excluded from publication when deemed in the best interest of the portfolio. Securities are reported at market value.