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For Institutional Investors in the US

Small/Mid Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of December 5, 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 - - 39,237 $21,506,584 $21,506,584 2.83 $21,506,584
Sanmina Corporation SANM US 801056102 - - 135,067 $21,352,742 $21,352,742 2.81 $21,352,742
BWX Technologies, Inc. BWXT US 05605H100 - - 98,610 $17,564,413 $17,564,413 2.32 $17,539,761
Installed Building Products, Inc. IBP US 45780R101 - - 65,420 $17,544,990 $17,544,990 2.32 $17,544,990
Jabil Inc. JBL US 466313103 - - 77,182 $16,984,671 $16,984,671 2.24 $16,984,671
TopBuild Corp. BLD US 89055F103 - - 36,335 $15,879,848 $15,879,848 2.10 $15,879,848
Axcelis Technologies, Inc. ACLS US 054540208 - - 171,243 $15,552,289 $15,552,289 2.05 $15,552,289
Halozyme Therapeutics, Inc. HALO US 40637H109 - - 244,404 $15,478,105 $15,478,105 2.04 $15,478,105
Primoris Services Corporation PRIM US 74164F103 - - 119,772 $15,050,550 $15,050,550 1.99 $15,050,550
Clear Secure, Inc. Class A YOU US 18467V109 - - 444,175 $14,879,862 $14,879,862 1.96 $14,879,862
AppFolio Inc Class A APPF US 03783C100 - - 61,947 $14,582,943 $14,582,943 1.92 $14,582,943
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 332,936 $14,196,391 $14,196,391 1.87 $14,196,391
Gen Digital Inc. GEN US 668771108 - - 521,501 $14,192,292 $14,192,292 1.87 $14,127,462
Frontdoor, Inc. FTDR US 35905A109 - - 264,770 $14,051,344 $14,051,344 1.85 $14,051,344
Nexstar Media Group, Inc. NXST US 65336K103 - - 73,840 $13,956,498 $13,956,498 1.84 $13,956,498
Credo Technology Group Holding Ltd. CRDO US G25457105 - - 77,860 $13,706,474 $13,706,474 1.81 $13,706,474
Tidewater Inc TDW US 88642R109 - - 235,438 $13,568,292 $13,568,292 1.79 $13,568,292
Argan, Inc. AGX US 04010E109 - - 42,493 $13,330,054 $13,330,054 1.76 $13,330,054
StoneX Group Inc. SNEX US 861896108 - - 135,724 $12,675,264 $12,675,264 1.67 $12,675,264
Hamilton Lane Incorporated Class A HLNE US 407497106 - - 99,459 $12,452,267 $12,452,267 1.64 $12,452,267
Astera Labs, Inc. ALAB US 04626A103 - - 75,764 $12,215,430 $12,215,430 1.61 $12,215,430
Cal-Maine Foods, Inc. CALM US 128030202 - - 143,670 $12,170,286 $12,170,286 1.61 $12,170,286
Red Rock Resorts, Inc. Class A RRR US 75700L108 - - 208,446 $11,720,919 $11,720,919 1.55 $11,720,919
10x Genomics Inc Class A TXG US 88025U109 - - 629,644 $11,188,774 $11,188,774 1.48 $11,188,774
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 270,725 $11,183,650 $11,183,650 1.48 $11,183,650
Pegasystems Inc. PEGA US 705573103 - - 178,775 $10,746,165 $10,746,165 1.42 $10,746,165
Moelis & Co. Class A MC US 60786M105 - - 152,521 $10,475,142 $10,475,142 1.38 $10,475,142
SoFi Technologies Inc SOFI US 83406F102 - - 377,041 $10,474,199 $10,474,199 1.38 $10,474,199
Sterling Infrastructure, Inc. STRL US 859241101 - - 31,002 $10,078,750 $10,078,750 1.33 $10,078,750
Nextpower Inc. Class A NXT US 65290E101 - - 111,178 $10,071,059 $10,071,059 1.33 $10,071,059
Lazard Inc LAZ US 52110M109 - - 178,027 $9,746,978 $9,746,978 1.29 $9,746,978
Rambus Inc. RMBS US 750917106 - - 95,440 $9,696,704 $9,696,704 1.28 $9,696,704
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 605,534 $9,458,441 $9,458,441 1.25 $9,458,441
Tapestry, Inc. TPR US 876030107 - - 79,905 $9,324,914 $9,324,914 1.23 $9,292,952
Centrus Energy Corp. Class A LEU US 15643U104 - - 34,887 $9,287,966 $9,287,966 1.23 $9,287,966
Brink's Company BCO US 109696104 - - 79,365 $9,261,102 $9,261,102 1.22 $9,261,102
Bancorp Inc TBBK US 05969A105 - - 139,308 $9,192,935 $9,192,935 1.21 $9,192,935
Rigel Pharmaceuticals, Inc. RIGL US 766559702 - - 187,412 $9,168,195 $9,168,195 1.21 $9,168,195
Blue Bird Corporation BLBD US 095306106 - - 178,506 $9,152,003 $9,152,003 1.21 $9,152,003
PJT Partners, Inc. Class A PJT US 69343T107 - - 51,211 $9,027,599 $9,027,599 1.19 $9,015,184
Patrick Industries, Inc. PATK US 703343103 - - 82,503 $8,891,825 $8,891,825 1.17 $8,854,222
Powell Industries, Inc. POWL US 739128106 - - 25,848 $8,850,291 $8,850,291 1.17 $8,843,376
LegalZoom.com, Inc. LZ US 52466B103 - - 879,763 $8,252,177 $8,252,177 1.09 $8,252,177
REV Group, Inc. REVG US 749527107 - - 139,688 $7,877,006 $7,877,006 1.04 $7,877,006
Enova International Inc ENVA US 29357K103 - - 57,181 $7,741,164 $7,741,164 1.02 $7,741,164
Willdan Group, Inc. WLDN US 96924N100 - - 70,048 $7,306,006 $7,306,006 0.96 $7,306,006
Axos Financial, Inc. AX US 05465C100 - - 81,908 $6,936,789 $6,936,789 0.92 $6,936,789
AZZ Inc. AZZ US 002474104 - - 65,862 $6,925,389 $6,925,389 0.91 $6,925,389
Celsius Holdings, Inc. CELH US 15118V207 - - 163,127 $6,861,122 $6,861,122 0.91 $6,861,122
Buckle, Inc. BKE US 118440106 - - 122,015 $6,812,097 $6,812,097 0.90 $6,812,097
ANI Pharmaceuticals, Inc. ANIP US 00182C103 - - 74,531 $6,094,400 $6,094,400 0.80 $6,094,400
Stoke Therapeutics, Inc. STOK US 86150R107 - - 178,760 $5,518,321 $5,518,321 0.73 $5,518,321
Alkermes Public Limited Company ALKS US G01767105 - - 186,624 $5,509,140 $5,509,140 0.73 $5,509,140
Manhattan Associates, Inc. MANH US 562750109 - - 30,533 $5,486,475 $5,486,475 0.72 $5,486,475
CompoSecure, Inc. Class A CMPO US 20459V105 - - 257,290 $5,282,164 $5,282,164 0.70 $5,282,164
MediaAlpha, Inc. Class A MAX US 58450V104 - - 392,794 $5,133,818 $5,133,818 0.68 $5,133,818
Laureate Education, Inc. LAUR US 518613203 - - 153,852 $4,775,566 $4,775,566 0.63 $4,775,566
Somnigroup International Inc. SGI US 88023U101 - - 50,887 $4,674,989 $4,674,989 0.62 $4,674,989
Arhaus, Inc. Class A ARHS US 04035M102 - - 431,956 $4,552,816 $4,552,816 0.60 $4,552,816
Peloton Interactive, Inc. Class A PTON US 70614W100 - - 703,817 $4,518,505 $4,518,505 0.60 $4,518,505
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 88,158 $4,223,650 $4,223,650 0.56 $4,223,650
International Money Express, Inc. IMXI US 46005L101 - - 271,456 $4,180,422 $4,180,422 0.55 $4,180,422
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 127,705 $4,012,491 $4,012,491 0.53 $3,975,457
Customers Bancorp, Inc. CUBI US 23204G100 - - 56,068 $3,978,025 $3,978,025 0.52 $3,978,025
InterDigital, Inc. IDCC US 45867G101 - - 10,672 $3,790,481 $3,790,481 0.50 $3,790,481
Unity Software, Inc. U US 91332U101 - - 79,260 $3,628,523 $3,628,523 0.48 $3,628,523
IES Holdings, Inc. IESC US 44951W106 - - 8,220 $3,523,256 $3,523,256 0.46 $3,523,256
Coeur Mining, Inc. CDE US 192108504 - - 221,155 $3,507,518 $3,507,518 0.46 $3,507,518
Coastal Financial Corporation CCB US 19046P209 - - 30,880 $3,499,322 $3,499,322 0.46 $3,499,322
Doximity, Inc. Class A DOCS US 26622P107 - - 74,489 $3,421,280 $3,421,280 0.45 $3,421,280
ServisFirst Bancshares Inc SFBS US 81768T108 - - 46,226 $3,339,366 $3,339,366 0.44 $3,339,366
Janus International Group, Inc. JBI US 47103N106 - - 535,801 $3,279,102 $3,279,102 0.43 $3,279,102
Avadel Pharmaceuticals plc AVDL US G29687103 - - 153,389 $3,273,321 $3,273,321 0.43 $3,273,321
Victoria's Secret & Company VSCO US 926400102 - - 66,359 $3,254,909 $3,254,909 0.43 $3,254,909
TripAdvisor, Inc. TRIP US 896945201 - - 210,757 $3,228,797 $3,228,797 0.43 $3,228,797
Kontoor Brands, Inc. KTB US 50050N103 - - 41,367 $3,152,165 $3,152,165 0.42 $3,152,165
Wayfair, Inc. Class A W US 94419L101 - - 32,633 $3,106,988 $3,106,988 0.41 $3,106,988
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 331,718 $3,088,295 $3,088,295 0.41 $3,088,295
Sonic Automotive, Inc. Class A SAH US 83545G102 - - 47,457 $3,054,807 $3,054,807 0.40 $3,054,807
Array Technologies Inc ARRY US 04271T100 - - 364,553 $2,887,260 $2,887,260 0.38 $2,887,260
Build-A-Bear Workshop, Inc. BBW US 120076104 - - 57,429 $2,871,642 $2,871,642 0.38 $2,859,390
FuboTV Inc. Class A FUBO US 35953D104 - - 917,763 $2,615,625 $2,615,625 0.35 $2,615,625
Acadian Asset Management Inc. AAMI US 10948W103 - - 55,205 $2,582,490 $2,582,490 0.34 $2,582,490
Douglas Dynamics, Inc. PLOW US 25960R105 - - 76,761 $2,441,767 $2,441,767 0.32 $2,441,767
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 102,029 $2,400,742 $2,400,742 0.32 $2,400,742
Supernus Pharmaceuticals, Inc. SUPN US 868459108 - - 51,132 $2,335,710 $2,335,710 0.31 $2,335,710
eXp World Holdings, Inc. EXPI US 30212W100 - - 204,335 $2,235,425 $2,235,425 0.30 $2,235,425
Zeta Global Holdings Corp. Class A ZETA US 98956A105 - - 111,898 $2,131,657 $2,131,657 0.28 $2,131,657
First Bancorp FBP US 318672706 - - 103,125 $2,087,983 $2,087,983 0.28 $2,071,781
USA TODAY Co., Inc. TDAY US 36472T109 - - 368,064 $2,028,033 $2,028,033 0.27 $2,028,033
Live Oak Bancshares, Inc. LOB US 53803X105 - - 58,772 $1,929,432 $1,929,432 0.25 $1,927,722
Community Health Systems, Inc. CYH US 203668108 - - 527,256 $1,882,304 $1,882,304 0.25 $1,882,304
Sapiens International Corporation NV SPNS US G7T16G103 - - 43,300 $1,875,756 $1,875,756 0.25 $1,875,756
Affirm Holdings, Inc. Class A AFRM US 00827B106 - - 27,227 $1,851,164 $1,851,164 0.24 $1,851,164
Healthcare Services Group, Inc. HCSG US 421906108 - - 94,815 $1,790,107 $1,790,107 0.24 $1,790,107
Itron, Inc. ITRI US 465741106 - - 16,801 $1,644,314 $1,644,314 0.22 $1,644,314
HCI Group, Inc. HCI US 40416E103 - - 8,767 $1,495,397 $1,495,397 0.20 $1,491,880
Dave, Inc. Class A DAVE US 23834J201 - - 7,149 $1,479,914 $1,479,914 0.20 $1,479,914
Concentra Group Holdings Parent, Inc. CON US 20603L102 - - 72,806 $1,421,946 $1,421,946 0.19 $1,417,533
Skyward Specialty Insurance Group, Inc. SKWD US 830940102 - - 30,135 $1,404,291 $1,404,291 0.19 $1,404,291
Energizer Holdings, Inc. ENR US 29272W109 - - 75,713 $1,401,073 $1,401,073 0.18 $1,378,734
Bumble, Inc. Class A BMBL US 12047B105 - - 371,728 $1,345,655 $1,345,655 0.18 $1,345,655
Vail Resorts, Inc. MTN US 91879Q109 - - 9,182 $1,325,514 $1,325,514 0.17 $1,325,514
CorMedix Inc. CRMD US 21900C308 - - 124,913 $1,319,081 $1,319,081 0.17 $1,319,081
Stride, Inc. LRN US 86333M108 - - 13,247 $830,322 $830,322 0.11 $830,322
Wolverine World Wide, Inc. WWW US 978097103 - - 47,427 $825,704 $825,704 0.11 $825,704
New Fortress Energy Inc. Class A NFE US 644393100 - - - $6,134 $6,134 0.00 $0
US DOLLARS USD MD_142224 - - 624,641 $624,641 $624,641 0.08 $624,641
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.