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For Institutional Investors in the US

Small/Mid Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of December 1, 2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
Medpace Holdings, Inc. MEDP US 58506Q109 - - 38,049 $22,372,051 $22,372,051 3.07 $22,372,051
Sanmina Corporation SANM US 801056102 - - 130,986 $19,904,633 $19,904,633 2.74 $19,904,633
Installed Building Products, Inc. IBP US 45780R101 - - 63,440 $16,880,115 $16,880,115 2.33 $16,880,115
BWX Technologies, Inc. BWXT US 05605H100 - - 95,629 $16,753,033 $16,753,033 2.31 $16,728,381
Halozyme Therapeutics, Inc. HALO US 40637H109 - - 237,023 $16,141,266 $16,141,266 2.23 $16,141,266
Jabil Inc. JBL US 466313103 - - 74,850 $15,723,892 $15,723,892 2.17 $15,717,752
TopBuild Corp. BLD US 89055F103 - - 35,235 $15,708,468 $15,708,468 2.17 $15,708,468
Argan, Inc. AGX US 04010E109 - - 41,206 $14,987,858 $14,987,858 2.07 $14,987,858
Clear Secure, Inc. Class A YOU US 18467V109 - - 430,755 $14,873,970 $14,873,970 2.05 $14,873,970
Primoris Services Corporation PRIM US 74164F103 - - 116,153 $14,340,249 $14,340,249 1.98 $14,340,249
Frontdoor, Inc. FTDR US 35905A109 - - 256,773 $13,706,543 $13,706,543 1.89 $13,706,543
AppFolio Inc Class A APPF US 03783C100 - - 60,077 $13,644,087 $13,644,087 1.88 $13,644,087
Axcelis Technologies, Inc. ACLS US 054540208 - - 166,073 $13,536,610 $13,536,610 1.87 $13,536,610
Nexstar Media Group, Inc. NXST US 65336K103 - - 71,607 $13,491,475 $13,491,475 1.86 $13,491,475
Gen Digital Inc. GEN US 668771108 - - 505,749 $13,355,913 $13,355,913 1.84 $13,291,084
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 322,882 $13,318,882 $13,318,882 1.84 $13,318,882
Credo Technology Group Holding Ltd. CRDO US G25457105 - - 75,506 $12,921,342 $12,921,342 1.78 $12,921,342
Tidewater Inc TDW US 88642R109 - - 228,321 $12,527,973 $12,527,973 1.73 $12,527,973
Astera Labs, Inc. ALAB US 04626A103 - - 73,476 $12,137,500 $12,137,500 1.67 $12,137,500
Red Rock Resorts, Inc. Class A RRR US 75700L108 - - 202,143 $11,873,880 $11,873,880 1.64 $11,873,880
Hamilton Lane Incorporated Class A HLNE US 407497106 - - 96,456 $11,743,518 $11,743,518 1.62 $11,743,518
Cal-Maine Foods, Inc. CALM US 128030202 - - 139,325 $11,651,750 $11,651,750 1.61 $11,651,750
StoneX Group Inc. SNEX US 861896108 - - 131,621 $11,544,478 $11,544,478 1.59 $11,544,478
10x Genomics Inc Class A TXG US 88025U109 - - 610,625 $11,040,100 $11,040,100 1.52 $11,040,100
SoFi Technologies Inc SOFI US 83406F102 - - 365,645 $10,614,674 $10,614,674 1.46 $10,614,674
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 262,541 $9,926,675 $9,926,675 1.37 $9,926,675
Sterling Infrastructure, Inc. STRL US 859241101 - - 30,067 $9,636,774 $9,636,774 1.33 $9,636,774
Moelis & Co. Class A MC US 60786M105 - - 147,912 $9,539,000 $9,539,000 1.31 $9,441,223
Pegasystems Inc. PEGA US 705573103 - - 173,374 $9,509,564 $9,509,564 1.31 $9,509,564
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 587,241 $9,495,687 $9,495,687 1.31 $9,495,687
Nextpower Inc. Class A NXT US 65290E101 - - 107,823 $9,428,043 $9,428,043 1.30 $9,428,043
Lazard Inc LAZ US 52110M109 - - 172,648 $8,780,877 $8,780,877 1.21 $8,780,877
Blue Bird Corporation BLBD US 095306106 - - 173,116 $8,747,551 $8,747,551 1.21 $8,747,551
Rambus Inc. RMBS US 750917106 - - 92,558 $8,718,038 $8,718,038 1.20 $8,718,038
Bancorp Inc TBBK US 05969A105 - - 135,095 $8,701,469 $8,701,469 1.20 $8,701,469
Tapestry, Inc. TPR US 876030107 - - 77,496 $8,687,302 $8,687,302 1.20 $8,687,302
Brink's Company BCO US 109696104 - - 76,967 $8,678,799 $8,678,799 1.20 $8,678,799
Rigel Pharmaceuticals, Inc. RIGL US 766559702 - - 181,747 $8,589,363 $8,589,363 1.18 $8,589,363
Patrick Industries, Inc. PATK US 703343103 - - 80,006 $8,584,644 $8,584,644 1.18 $8,547,041
Centrus Energy Corp. Class A LEU US 15643U104 - - 33,831 $8,503,760 $8,503,760 1.17 $8,503,760
PJT Partners, Inc. Class A PJT US 69343T107 - - 49,660 $8,266,404 $8,266,404 1.14 $8,266,404
Powell Industries, Inc. POWL US 739128106 - - 25,067 $8,017,952 $8,017,952 1.11 $8,011,037
LegalZoom.com, Inc. LZ US 52466B103 - - 853,187 $7,798,129 $7,798,129 1.08 $7,798,129
Enova International Inc ENVA US 29357K103 - - 55,454 $7,219,556 $7,219,556 1.00 $7,219,556
REV Group, Inc. REVG US 749527107 - - 135,464 $7,109,151 $7,109,151 0.98 $7,109,151
Buckle, Inc. BKE US 118440106 - - 118,330 $6,743,627 $6,743,627 0.93 $6,743,627
Celsius Holdings, Inc. CELH US 15118V207 - - 158,199 $6,742,441 $6,742,441 0.93 $6,742,441
AZZ Inc. AZZ US 002474104 - - 63,871 $6,690,487 $6,690,487 0.92 $6,690,487
Willdan Group, Inc. WLDN US 96924N100 - - 67,936 $6,629,874 $6,629,874 0.91 $6,629,874
Axos Financial, Inc. AX US 05465C100 - - 79,433 $6,571,492 $6,571,492 0.91 $6,571,492
ANI Pharmaceuticals, Inc. ANIP US 00182C103 - - 72,276 $6,105,154 $6,105,154 0.84 $6,105,154
Alkermes Public Limited Company ALKS US G01767105 - - 180,981 $5,230,351 $5,230,351 0.72 $5,230,351
Manhattan Associates, Inc. MANH US 562750109 - - 29,609 $5,228,357 $5,228,357 0.72 $5,228,357
Stoke Therapeutics, Inc. STOK US 86150R107 - - 173,359 $5,216,372 $5,216,372 0.72 $5,216,372
CompoSecure, Inc. Class A CMPO US 20459V105 - - 249,513 $4,877,979 $4,877,979 0.67 $4,877,979
MediaAlpha, Inc. Class A MAX US 58450V104 - - 380,925 $4,807,274 $4,807,274 0.66 $4,807,274
Laureate Education, Inc. LAUR US 518613203 - - 149,199 $4,646,057 $4,646,057 0.64 $4,646,057
Somnigroup International Inc. SGI US 88023U101 - - 49,347 $4,606,280 $4,606,280 0.63 $4,598,647
Peloton Interactive, Inc. Class A PTON US 70614W100 - - 682,554 $4,545,810 $4,545,810 0.63 $4,545,810
Arhaus, Inc. Class A ARHS US 04035M102 - - 418,910 $4,369,231 $4,369,231 0.60 $4,369,231
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 123,844 $4,057,129 $4,057,129 0.56 $4,057,129
International Money Express, Inc. IMXI US 46005L101 - - 263,250 $4,027,725 $4,027,725 0.56 $4,027,725
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 85,496 $4,006,343 $4,006,343 0.55 $4,006,343
Customers Bancorp, Inc. CUBI US 23204G100 - - 54,374 $3,717,007 $3,717,007 0.51 $3,717,007
Doximity, Inc. Class A DOCS US 26622P107 - - 72,234 $3,688,990 $3,688,990 0.51 $3,688,990
InterDigital, Inc. IDCC US 45867G101 - - 10,353 $3,640,736 $3,640,736 0.50 $3,640,736
Coeur Mining, Inc. CDE US 192108504 - - 214,478 $3,637,547 $3,637,547 0.50 $3,637,547
Wayfair, Inc. Class A W US 94419L101 - - 31,643 $3,481,996 $3,481,996 0.48 $3,481,996
Coastal Financial Corporation CCB US 19046P209 - - 29,945 $3,408,040 $3,408,040 0.47 $3,408,040
Unity Software, Inc. U US 91332U101 - - 76,862 $3,315,827 $3,315,827 0.46 $3,315,827
IES Holdings, Inc. IESC US 44951W106 - - 7,967 $3,220,580 $3,220,580 0.44 $3,220,580
ServisFirst Bancshares Inc SFBS US 81768T108 - - 44,829 $3,212,894 $3,212,894 0.44 $3,212,894
Avadel Pharmaceuticals plc AVDL US G29687103 - - 148,758 $3,186,396 $3,186,396 0.44 $3,186,396
Janus International Group, Inc. JBI US 47103N106 - - 519,609 $3,148,831 $3,148,831 0.43 $3,148,831
TripAdvisor, Inc. TRIP US 896945201 - - 204,388 $3,121,005 $3,121,005 0.43 $3,121,005
Kontoor Brands, Inc. KTB US 50050N103 - - 40,113 $3,014,893 $3,014,893 0.42 $3,014,893
Build-A-Bear Workshop, Inc. BBW US 120076104 - - 55,691 $2,999,517 $2,999,517 0.41 $2,987,265
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 321,697 $2,985,348 $2,985,348 0.41 $2,985,348
Sonic Automotive, Inc. Class A SAH US 83545G102 - - 46,027 $2,880,830 $2,880,830 0.40 $2,880,830
Victoria's Secret & Company VSCO US 926400102 - - 64,357 $2,839,431 $2,839,431 0.39 $2,839,431
Array Technologies Inc ARRY US 04271T100 - - 353,542 $2,640,959 $2,640,959 0.36 $2,640,959
FuboTV Inc. Class A FUBO US 35953D104 - - 890,032 $2,581,093 $2,581,093 0.36 $2,581,093
Douglas Dynamics, Inc. PLOW US 25960R105 - - 74,440 $2,379,847 $2,379,847 0.33 $2,379,847
Acadian Asset Management Inc. AAMI US 10948W103 - - 53,533 $2,347,422 $2,347,422 0.32 $2,347,422
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 98,949 $2,245,153 $2,245,153 0.31 $2,245,153
Supernus Pharmaceuticals, Inc. SUPN US 868459108 - - 49,592 $2,216,762 $2,216,762 0.31 $2,216,762
eXp World Holdings, Inc. EXPI US 30212W100 - - 198,164 $2,205,565 $2,205,565 0.30 $2,205,565
First Bancorp FBP US 318672706 - - 100,012 $2,009,441 $2,009,441 0.28 $1,993,239
Zeta Global Holdings Corp. Class A ZETA US 98956A105 - - 108,521 $1,946,867 $1,946,867 0.27 $1,946,867
Community Health Systems, Inc. CYH US 203668108 - - 511,328 $1,856,121 $1,856,121 0.26 $1,856,121
Live Oak Bancshares, Inc. LOB US 53803X105 - - 57,001 $1,853,673 $1,853,673 0.26 $1,853,673
Affirm Holdings, Inc. Class A AFRM US 00827B106 - - 26,402 $1,823,454 $1,823,454 0.25 $1,823,454
Sapiens International Corporation NV SPNS US G7T16G103 - - 41,991 $1,817,370 $1,817,370 0.25 $1,817,370
USA TODAY Co., Inc. TDAY US 36472T109 - - 356,943 $1,774,007 $1,774,007 0.24 $1,774,007
Healthcare Services Group, Inc. HCSG US 421906108 - - 91,955 $1,732,432 $1,732,432 0.24 $1,732,432
Itron, Inc. ITRI US 465741106 - - 16,295 $1,586,318 $1,586,318 0.22 $1,586,318
HCI Group, Inc. HCI US 40416E103 - - 8,503 $1,496,643 $1,496,643 0.21 $1,493,127
Concentra Group Holdings Parent, Inc. CON US 20603L102 - - 70,606 $1,450,247 $1,450,247 0.20 $1,450,247
Dave, Inc. Class A DAVE US 23834J201 - - 6,929 $1,411,437 $1,411,437 0.19 $1,411,437
Skyward Specialty Insurance Group, Inc. SKWD US 830940102 - - 29,222 $1,390,967 $1,390,967 0.19 $1,390,967
Bumble, Inc. Class A BMBL US 12047B105 - - 360,497 $1,323,024 $1,323,024 0.18 $1,323,024
Energizer Holdings, Inc. ENR US 29272W109 - - 73,425 $1,296,998 $1,296,998 0.18 $1,274,658
Vail Resorts, Inc. MTN US 91879Q109 - - 8,907 $1,235,757 $1,235,757 0.17 $1,235,757
CorMedix Inc. CRMD US 21900C308 - - 121,140 $1,185,961 $1,185,961 0.16 $1,185,961
Stride, Inc. LRN US 86333M108 - - 12,851 $804,730 $804,730 0.11 $804,730
Wolverine World Wide, Inc. WWW US 978097103 - - 45,997 $782,869 $782,869 0.11 $782,869
New Fortress Energy Inc. Class A NFE US 644393100 - - - $6,134 $6,134 0.00 $0
US DOLLARS USD MD_142224 - - 667,088 $667,088 $667,088 0.09 $667,088
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.