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For Institutional Investors in the US

Small/Mid Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of December 24, 2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
Comfort Systems USA, Inc. FIX US 199908104 - - 23,141 $22,170,698 $22,170,698 2.86 $22,170,698
Medpace Holdings, Inc. MEDP US 58506Q109 - - 28,224 $16,140,177 $16,140,177 2.09 $16,140,177
Somnigroup International Inc. SGI US 88023U101 - - 178,486 $16,072,664 $16,072,664 2.08 $16,072,664
Ryman Hospitality Properties, Inc. RHP US 78377T107 - - 133,970 $13,087,529 $13,087,529 1.69 $13,087,529
Workiva Inc. Class A WK US 98139A105 - - 147,720 $12,925,500 $12,925,500 1.66 $12,925,500
Enova International Inc ENVA US 29357K103 - - 77,451 $12,753,856 $12,753,856 1.64 $12,753,856
Jabil Inc. JBL US 466313103 - - 51,366 $12,044,813 $12,044,813 1.55 $12,044,813
InterDigital, Inc. IDCC US 45867G101 - - 36,368 $11,941,069 $11,941,069 1.54 $11,941,069
Onto Innovation, Inc. ONTO US 683344105 - - 72,446 $11,726,110 $11,726,110 1.51 $11,726,110
Sanmina Corporation SANM US 801056102 - - 75,384 $11,610,644 $11,610,644 1.49 $11,610,644
Teradata Corporation TDC US 88076W103 - - 373,102 $11,405,728 $11,405,728 1.47 $11,405,728
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 465,805 $11,388,932 $11,388,932 1.47 $11,388,932
Rocket Lab Corporation RKLB US 773121108 - - 143,966 $11,111,296 $11,111,296 1.43 $11,111,296
Fabrinet FN US G3323L100 - - 22,307 $10,746,174 $10,746,174 1.38 $10,746,174
BridgeBio Pharma, Inc. BBIO US 10806X102 - - 134,130 $10,264,969 $10,264,969 1.32 $10,264,969
Cytokinetics, Incorporated CYTK US 23282W605 - - 159,451 $10,233,565 $10,233,565 1.32 $10,233,565
Argan, Inc. AGX US 04010E109 - - 31,084 $10,203,634 $10,203,634 1.31 $10,203,634
Hamilton Lane Incorporated Class A HLNE US 407497106 - - 73,021 $10,162,956 $10,162,956 1.31 $10,123,631
DiamondRock Hospitality Company DRH US 252784301 - - 1,097,683 $10,131,614 $10,131,614 1.30 $10,131,614
Tapestry, Inc. TPR US 876030107 - - 77,670 $10,112,634 $10,112,634 1.30 $10,112,634
Palomar Holdings, Inc. PLMR US 69753M105 - - 74,160 $10,087,243 $10,087,243 1.30 $10,087,243
Qualys, Inc. QLYS US 74758T303 - - 71,657 $9,999,018 $9,999,018 1.29 $9,999,018
Churchill Downs Incorporated CHDN US 171484108 - - 84,034 $9,581,557 $9,581,557 1.23 $9,581,557
Banc of California, Inc. BANC US 05990K106 - - 473,306 $9,357,524 $9,357,524 1.20 $9,309,929
Exelixis, Inc. EXEL US 30161Q104 - - 194,253 $9,034,707 $9,034,707 1.16 $9,034,707
Corcept Therapeutics Incorporated. CORT US 218352102 - - 107,286 $8,968,037 $8,968,037 1.15 $8,968,037
Rambus Inc. RMBS US 750917106 - - 94,828 $8,959,349 $8,959,349 1.15 $8,959,349
Nextpower Inc. Class A NXT US 65290E101 - - 97,117 $8,853,186 $8,853,186 1.14 $8,853,186
Pure Storage, Inc. Class A PSTG US 74624M102 - - 126,684 $8,486,561 $8,486,561 1.09 $8,486,561
Haemonetics Corporation HAE US 405024100 - - 104,887 $8,392,009 $8,392,009 1.08 $8,392,009
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 199,969 $8,346,706 $8,346,706 1.07 $8,346,706
Sterling Infrastructure, Inc. STRL US 859241101 - - 26,397 $8,288,658 $8,288,658 1.07 $8,288,658
Krystal Biotech, Inc. KRYS US 501147102 - - 32,456 $8,155,868 $8,155,868 1.05 $8,155,868
EMCOR Group, Inc. EME US 29084Q100 - - 12,797 $8,011,818 $8,011,818 1.03 $8,011,818
Harmony Biosciences Holdings, Inc. HRMY US 413197104 - - 204,962 $7,888,987 $7,888,987 1.01 $7,888,987
Lazard Inc LAZ US 52110M109 - - 156,596 $7,754,634 $7,754,634 1.00 $7,754,634
Novanta Inc NOVT US 67000B104 - - 61,118 $7,494,900 $7,494,900 0.96 $7,494,900
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 452,120 $7,358,253 $7,358,253 0.95 $7,358,253
Veracyte, Inc. VCYT US 92337F107 - - 170,775 $7,304,047 $7,304,047 0.94 $7,304,047
Clearwater Analytics Holdings, Inc. Class A CWAN US 185123106 - - 300,169 $7,261,088 $7,261,088 0.93 $7,261,088
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 171,487 $7,230,587 $7,230,587 0.93 $7,192,165
Powell Industries, Inc. POWL US 739128106 - - 21,189 $7,123,106 $7,123,106 0.92 $7,123,106
HCI Group, Inc. HCI US 40416E103 - - 35,959 $6,995,464 $6,995,464 0.90 $6,995,464
Lyft, Inc. Class A LYFT US 55087P104 - - 352,412 $6,910,799 $6,910,799 0.89 $6,910,799
Globant SA GLOB US L44385109 - - 97,759 $6,651,522 $6,651,522 0.86 $6,651,522
FTAI Aviation Ltd. FTAI US G3730V105 - - 37,663 $6,525,491 $6,525,491 0.84 $6,525,491
Hecla Mining Company HL US 422704106 - - 326,341 $6,471,342 $6,471,342 0.83 $6,471,342
Wendy's Company WEN US 95058W100 - - 759,533 $6,296,529 $6,296,529 0.81 $6,296,529
Coeur Mining, Inc. CDE US 192108504 - - 333,757 $6,247,931 $6,247,931 0.80 $6,247,931
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 125,554 $6,224,967 $6,224,967 0.80 $6,224,967
Vicor Corporation VICR US 925815102 - - 57,212 $6,205,214 $6,205,214 0.80 $6,205,214
Huron Consulting Group Inc. HURN US 447462102 - - 33,307 $5,997,258 $5,997,258 0.77 $5,997,258
10x Genomics Inc Class A TXG US 88025U109 - - 358,401 $5,981,713 $5,981,713 0.77 $5,981,713
Arrowhead Pharmaceuticals, Inc. ARWR US 04280A100 - - 84,433 $5,919,598 $5,919,598 0.76 $5,919,598
Installed Building Products, Inc. IBP US 45780R101 - - 21,859 $5,818,825 $5,818,825 0.75 $5,810,559
IMAX Corporation IMAX US 45245E109 - - 153,080 $5,774,178 $5,774,178 0.74 $5,774,178
Daily Journal Corporation DJCO US 233912104 - - 10,808 $5,727,700 $5,727,700 0.74 $5,727,700
IES Holdings, Inc. IESC US 44951W106 - - 13,985 $5,683,084 $5,683,084 0.73 $5,683,084
Abercrombie & Fitch Co. Class A ANF US 002896207 - - 44,340 $5,619,652 $5,619,652 0.72 $5,619,652
Upwork, Inc. UPWK US 91688F104 - - 261,939 $5,492,861 $5,492,861 0.71 $5,492,861
Guardant Health, Inc. GH US 40131M109 - - 53,603 $5,487,875 $5,487,875 0.71 $5,487,875
Jamf Holding Corp JAMF US 47074L105 - - 420,622 $5,463,880 $5,463,880 0.70 $5,463,880
Duolingo, Inc. Class A DUOL US 26603R106 - - 29,885 $5,399,921 $5,399,921 0.69 $5,399,921
Atmus Filtration Technologies, Inc. ATMU US 04956D107 - - 100,427 $5,363,806 $5,363,806 0.69 $5,363,806
EnerSys ENS US 29275Y102 - - 35,728 $5,350,983 $5,350,983 0.69 $5,350,983
Lantheus Holdings Inc LNTH US 516544103 - - 78,391 $5,227,112 $5,227,112 0.67 $5,227,112
TransMedics Group, Inc. TMDX US 89377M109 - - 40,678 $5,165,699 $5,165,699 0.66 $5,165,699
Tetra Tech, Inc. TTEK US 88162G103 - - 150,401 $5,140,706 $5,140,706 0.66 $5,140,706
Provident Financial Services, Inc. PFS US 74386T105 - - 249,891 $5,120,267 $5,120,267 0.66 $5,120,267
Cactus, Inc. Class A WHD US 127203107 - - 110,817 $5,093,149 $5,093,149 0.66 $5,093,149
XP Inc. Class A XP US G98239109 - - 309,203 $5,080,205 $5,080,205 0.65 $5,080,205
Rubrik, Inc. Class A RBRK US 781154109 - - 64,143 $5,054,468 $5,054,468 0.65 $5,054,468
Core & Main, Inc. Class A CNM US 21874C102 - - 93,197 $5,050,345 $5,050,345 0.65 $5,050,345
Healthcare Services Group, Inc. HCSG US 421906108 - - 253,695 $4,982,570 $4,982,570 0.64 $4,982,570
Apellis Pharmaceuticals, Inc. APLS US 03753U106 - - 195,380 $4,915,761 $4,915,761 0.63 $4,915,761
Champion Homes, Inc. SKY US 830830105 - - 57,338 $4,915,587 $4,915,587 0.63 $4,915,587
TopBuild Corp. BLD US 89055F103 - - 11,452 $4,902,945 $4,902,945 0.63 $4,902,945
Agilysys, Inc. AGYS US 00847J105 - - 40,491 $4,862,969 $4,862,969 0.63 $4,862,969
Carpenter Technology Corporation CRS US 144285103 - - 14,180 $4,742,076 $4,742,076 0.61 $4,742,076
Lumen Technologies, Inc. LUMN US 550241103 - - 609,999 $4,739,692 $4,739,692 0.61 $4,739,692
ACADIA Pharmaceuticals Inc. ACAD US 004225108 - - 164,661 $4,589,102 $4,589,102 0.59 $4,589,102
Badger Meter, Inc. BMI US 056525108 - - 24,996 $4,563,020 $4,563,020 0.59 $4,563,020
CarGurus, Inc. Class A CARG US 141788109 - - 114,885 $4,467,878 $4,467,878 0.57 $4,467,878
Jack in the Box Inc. JACK US 466367109 - - 233,739 $4,466,752 $4,466,752 0.57 $4,466,752
PACS Group, Inc. PACS US 69380Q107 - - 118,576 $4,424,071 $4,424,071 0.57 $4,424,071
UFP Technologies, Inc. UFPT US 902673102 - - 18,621 $4,385,990 $4,385,990 0.56 $4,385,990
Pegasystems Inc. PEGA US 705573103 - - 69,649 $4,327,292 $4,327,292 0.56 $4,327,292
Celsius Holdings, Inc. CELH US 15118V207 - - 95,263 $4,260,161 $4,260,161 0.55 $4,260,161
LCI Industries LCII US 50189K103 - - 33,510 $4,148,873 $4,148,873 0.53 $4,148,873
XPEL, Inc. XPEL US 98379L100 - - 78,431 $4,054,098 $4,054,098 0.52 $4,054,098
Iridium Communications Inc. IRDM US 46269C102 - - 227,947 $4,000,661 $4,000,661 0.51 $3,966,278
Frontdoor, Inc. FTDR US 35905A109 - - 66,871 $3,870,493 $3,870,493 0.50 $3,870,493
Progyny, Inc. PGNY US 74340E103 - - 150,907 $3,849,638 $3,849,638 0.50 $3,849,638
eXp World Holdings, Inc. EXPI US 30212W100 - - 401,071 $3,818,196 $3,818,196 0.49 $3,818,196
Customers Bancorp, Inc. CUBI US 23204G100 - - 49,688 $3,799,641 $3,799,641 0.49 $3,799,641
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 108,711 $3,753,791 $3,753,791 0.48 $3,753,791
CareDx, Inc. CDNA US 14167L103 - - 185,147 $3,652,950 $3,652,950 0.47 $3,652,950
St. Joe Company JOE US 790148100 - - 60,240 $3,551,148 $3,551,148 0.46 $3,551,148
Theravance Biopharma Inc TBPH US G8807B106 - - 189,499 $3,549,316 $3,549,316 0.46 $3,549,316
LegalZoom.com, Inc. LZ US 52466B103 - - 353,719 $3,544,264 $3,544,264 0.46 $3,544,264
Clear Secure, Inc. Class A YOU US 18467V109 - - 97,565 $3,531,853 $3,531,853 0.45 $3,531,853
Cadre Holdings, Inc. CDRE US 12763L105 - - 82,819 $3,509,869 $3,509,869 0.45 $3,509,869
Cinemark Holdings, Inc. CNK US 17243V102 - - 151,870 $3,447,449 $3,447,449 0.44 $3,447,449
MediaAlpha, Inc. Class A MAX US 58450V104 - - 251,365 $3,194,849 $3,194,849 0.41 $3,194,849
International Money Express, Inc. IMXI US 46005L101 - - 200,748 $3,088,508 $3,088,508 0.40 $3,088,508
StoneX Group Inc. SNEX US 861896108 - - 28,996 $2,843,638 $2,843,638 0.37 $2,843,638
Blue Bird Corporation BLBD US 095306106 - - 50,443 $2,614,965 $2,614,965 0.34 $2,614,965
Allison Transmission Holdings, Inc. ALSN US 01973R101 - - 25,216 $2,541,773 $2,541,773 0.33 $2,541,773
Bancorp Inc TBBK US 05969A105 - - 35,834 $2,538,839 $2,538,839 0.33 $2,538,839
Arhaus, Inc. Class A ARHS US 04035M102 - - 216,240 $2,527,846 $2,527,846 0.33 $2,527,846
Willdan Group, Inc. WLDN US 96924N100 - - 22,339 $2,522,967 $2,522,967 0.32 $2,522,967
Axos Financial, Inc. AX US 05465C100 - - 27,042 $2,404,304 $2,404,304 0.31 $2,404,304
AppFolio Inc Class A APPF US 03783C100 - - 10,007 $2,365,855 $2,365,855 0.30 $2,365,855
AZZ Inc. AZZ US 002474104 - - 21,241 $2,364,548 $2,364,548 0.30 $2,364,548
Griffon Corporation GFF US 398433102 - - 31,152 $2,359,452 $2,359,452 0.30 $2,359,452
Brink's Company BCO US 109696104 - - 19,762 $2,357,409 $2,357,409 0.30 $2,357,409
Douglas Dynamics, Inc. PLOW US 25960R105 - - 69,256 $2,344,620 $2,344,620 0.30 $2,324,231
Patrick Industries, Inc. PATK US 703343103 - - 20,292 $2,283,865 $2,283,865 0.29 $2,283,865
Axcelis Technologies, Inc. ACLS US 054540208 - - 27,075 $2,241,810 $2,241,810 0.29 $2,241,810
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 256,754 $2,236,327 $2,236,327 0.29 $2,236,327
Build-A-Bear Workshop, Inc. BBW US 120076104 - - - $12,252 $12,252 0.00 $0
New Fortress Energy Inc. Class A NFE US 644393100 - - - $6,134 $6,134 0.00 $0
Red Rock Resorts, Inc. Class A RRR US 75700L108 - - - $298 $298 0.00 $0
Sonic Automotive, Inc. Class A SAH US 83545G102 - - - $99 $99 0.00 $0
US DOLLARS USD MD_142224 - - 59,334 $59,334 $59,334 0.01 $59,334
Janus Henderson publishes this listing of identities and quantities of each position held by the fund on each business day, before commencement of trading. Securities are reported at market value.
The portfolio data and its presentation here is based on the investment book of record and may differ from the accounting book of record and complete schedules of investments in regulatory filings due to differing accounting and reporting standards.