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For Institutional Investors in the US

Small/Mid Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of December 16, 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 - - 23,093 $22,365,570 $22,365,570 2.93 $22,365,570
Somnigroup International Inc. SGI US 88023U101 - - 178,122 $16,226,914 $16,226,914 2.12 $16,226,914
Medpace Holdings, Inc. MEDP US 58506Q109 - - 28,166 $15,737,471 $15,737,471 2.07 $15,737,471
Ryman Hospitality Properties, Inc. RHP US 78377T107 - - 133,697 $13,032,784 $13,032,784 1.71 $13,032,784
Workiva Inc. Class A WK US 98139A105 - - 147,419 $12,881,472 $12,881,472 1.69 $12,881,472
InterDigital, Inc. IDCC US 45867G101 - - 36,293 $12,632,142 $12,632,142 1.66 $12,632,142
Enova International Inc ENVA US 29357K103 - - 77,294 $12,238,732 $12,238,732 1.61 $12,238,732
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 464,853 $11,244,794 $11,244,794 1.48 $11,244,794
Onto Innovation, Inc. ONTO US 683344105 - - 72,298 $11,151,966 $11,151,966 1.47 $11,151,966
Teradata Corporation TDC US 88076W103 - - 372,340 $11,051,051 $11,051,051 1.45 $11,051,051
Sanmina Corporation SANM US 801056102 - - 75,230 $11,046,773 $11,046,773 1.45 $11,046,773
Jabil Inc. JBL US 466313103 - - 51,260 $10,895,826 $10,895,826 1.43 $10,895,826
Qualys, Inc. QLYS US 74758T303 - - 71,511 $10,266,834 $10,266,834 1.35 $10,266,834
BridgeBio Pharma, Inc. BBIO US 10806X102 - - 133,857 $10,131,636 $10,131,636 1.33 $10,131,636
DiamondRock Hospitality Company DRH US 252784301 - - 1,095,440 $10,121,866 $10,121,866 1.33 $10,121,866
Fabrinet FN US G3323L100 - - 22,261 $10,043,273 $10,043,273 1.32 $10,043,273
Argan, Inc. AGX US 04010E109 - - 31,020 $9,929,502 $9,929,502 1.31 $9,929,502
Cytokinetics, Incorporated CYTK US 23282W605 - - 159,126 $9,868,995 $9,868,995 1.30 $9,868,995
Churchill Downs Incorporated CHDN US 171484108 - - 83,863 $9,802,746 $9,802,746 1.29 $9,802,746
Hamilton Lane Incorporated Class A HLNE US 407497106 - - 72,873 $9,608,305 $9,608,305 1.26 $9,608,305
Tapestry, Inc. TPR US 876030107 - - 77,512 $9,572,914 $9,572,914 1.26 $9,540,952
Palomar Holdings, Inc. PLMR US 69753M105 - - 74,009 $9,439,108 $9,439,108 1.24 $9,439,108
Banc of California, Inc. BANC US 05990K106 - - 472,339 $9,329,056 $9,329,056 1.23 $9,281,461
Rambus Inc. RMBS US 750917106 - - 94,635 $8,960,988 $8,960,988 1.18 $8,960,988
Pure Storage, Inc. Class A PSTG US 74624M102 - - 126,426 $8,814,421 $8,814,421 1.16 $8,814,421
Corcept Therapeutics Incorporated. CORT US 218352102 - - 107,067 $8,685,275 $8,685,275 1.14 $8,685,275
Nextpower Inc. Class A NXT US 65290E101 - - 96,919 $8,528,872 $8,528,872 1.12 $8,528,872
Haemonetics Corporation HAE US 405024100 - - 104,674 $8,490,108 $8,490,108 1.12 $8,490,108
Sterling Infrastructure, Inc. STRL US 859241101 - - 26,343 $8,406,842 $8,406,842 1.11 $8,406,842
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 199,561 $8,297,746 $8,297,746 1.09 $8,297,746
Exelixis, Inc. EXEL US 30161Q104 - - 193,856 $8,064,410 $8,064,410 1.06 $8,064,410
EMCOR Group, Inc. EME US 29084Q100 - - 12,770 $7,975,631 $7,975,631 1.05 $7,975,631
Rocket Lab Corporation RKLB US 773121108 - - 143,672 $7,972,359 $7,972,359 1.05 $7,972,359
Harmony Biosciences Holdings, Inc. HRMY US 413197104 - - 204,543 $7,942,405 $7,942,405 1.04 $7,942,405
Lazard Inc LAZ US 52110M109 - - 156,277 $7,923,244 $7,923,244 1.04 $7,923,244
Krystal Biotech, Inc. KRYS US 501147102 - - 32,389 $7,726,396 $7,726,396 1.02 $7,726,396
Novanta Inc NOVT US 67000B104 - - 60,994 $7,402,232 $7,402,232 0.97 $7,402,232
Veracyte, Inc. VCYT US 92337F107 - - 170,427 $7,365,855 $7,365,855 0.97 $7,365,855
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 171,137 $7,298,054 $7,298,054 0.96 $7,259,632
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 451,196 $7,151,457 $7,151,457 0.94 $7,151,457
Powell Industries, Inc. POWL US 739128106 - - 21,145 $7,040,799 $7,040,799 0.93 $7,033,884
Lyft, Inc. Class A LYFT US 55087P104 - - 351,693 $6,748,989 $6,748,989 0.89 $6,748,989
HCI Group, Inc. HCI US 40416E103 - - 35,885 $6,615,328 $6,615,328 0.87 $6,611,811
Clearwater Analytics Holdings, Inc. Class A CWAN US 185123106 - - 299,556 $6,440,454 $6,440,454 0.85 $6,440,454
Globant SA GLOB US L44385109 - - 97,560 $6,438,960 $6,438,960 0.85 $6,438,960
FTAI Aviation Ltd. FTAI US G3730V105 - - 37,586 $6,338,127 $6,338,127 0.83 $6,338,127
Wendy's Company WEN US 95058W100 - - 757,982 $6,329,150 $6,329,150 0.83 $6,329,150
IES Holdings, Inc. IESC US 44951W106 - - 13,956 $6,243,217 $6,243,217 0.82 $6,243,217
Hecla Mining Company HL US 422704106 - - 325,674 $6,194,319 $6,194,319 0.81 $6,194,319
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 125,298 $6,103,266 $6,103,266 0.80 $6,103,266
Huron Consulting Group Inc. HURN US 447462102 - - 33,239 $5,954,434 $5,954,434 0.78 $5,954,434
Installed Building Products, Inc. IBP US 45780R101 - - 21,814 $5,785,922 $5,785,922 0.76 $5,777,656
IMAX Corporation IMAX US 45245E109 - - 152,767 $5,771,537 $5,771,537 0.76 $5,771,537
Coeur Mining, Inc. CDE US 192108504 - - 333,075 $5,625,637 $5,625,637 0.74 $5,625,637
10x Genomics Inc Class A TXG US 88025U109 - - 357,670 $5,618,996 $5,618,996 0.74 $5,618,996
Upwork, Inc. UPWK US 91688F104 - - 261,404 $5,604,502 $5,604,502 0.74 $5,604,502
Daily Journal Corporation DJCO US 233912104 - - 10,786 $5,603,435 $5,603,435 0.74 $5,603,435
Duolingo, Inc. Class A DUOL US 26603R106 - - 29,824 $5,570,228 $5,570,228 0.73 $5,570,228
Jamf Holding Corp JAMF US 47074L105 - - 419,762 $5,461,104 $5,461,104 0.72 $5,461,104
Arrowhead Pharmaceuticals, Inc. ARWR US 04280A100 - - 84,261 $5,448,316 $5,448,316 0.72 $5,448,316
Guardant Health, Inc. GH US 40131M109 - - 53,494 $5,349,400 $5,349,400 0.70 $5,349,400
Vicor Corporation VICR US 925815102 - - 57,095 $5,335,528 $5,335,528 0.70 $5,335,528
Atmus Filtration Technologies, Inc. ATMU US 04956D107 - - 100,223 $5,313,823 $5,313,823 0.70 $5,313,823
Provident Financial Services, Inc. PFS US 74386T105 - - 249,381 $5,197,100 $5,197,100 0.68 $5,197,100
EnerSys ENS US 29275Y102 - - 35,655 $5,163,914 $5,163,914 0.68 $5,163,914
Abercrombie & Fitch Co. Class A ANF US 002896207 - - 44,250 $5,148,488 $5,148,488 0.68 $5,148,488
Tetra Tech, Inc. TTEK US 88162G103 - - 150,095 $5,125,744 $5,125,744 0.67 $5,125,744
XP Inc. Class A XP US G98239109 - - 308,571 $5,109,936 $5,109,936 0.67 $5,109,936
Lantheus Holdings Inc LNTH US 516544103 - - 78,231 $5,098,314 $5,098,314 0.67 $5,098,314
Core & Main, Inc. Class A CNM US 21874C102 - - 93,007 $5,085,623 $5,085,623 0.67 $5,085,623
TransMedics Group, Inc. TMDX US 89377M109 - - 40,595 $5,075,999 $5,075,999 0.67 $5,075,999
Rubrik, Inc. Class A RBRK US 781154109 - - 64,013 $4,987,253 $4,987,253 0.66 $4,987,253
Apellis Pharmaceuticals, Inc. APLS US 03753U106 - - 194,981 $4,934,969 $4,934,969 0.65 $4,934,969
Lumen Technologies, Inc. LUMN US 550241103 - - 608,753 $4,930,899 $4,930,899 0.65 $4,930,899
Champion Homes, Inc. SKY US 830830105 - - 57,221 $4,927,873 $4,927,873 0.65 $4,927,873
TopBuild Corp. BLD US 89055F103 - - 11,428 $4,897,927 $4,897,927 0.64 $4,897,927
Agilysys, Inc. AGYS US 00847J105 - - 40,409 $4,884,640 $4,884,640 0.64 $4,884,640
Cactus, Inc. Class A WHD US 127203107 - - 110,591 $4,847,204 $4,847,204 0.64 $4,847,204
Healthcare Services Group, Inc. HCSG US 421906108 - - 253,177 $4,833,149 $4,833,149 0.64 $4,833,149
Jack in the Box Inc. JACK US 466367109 - - 233,261 $4,756,192 $4,756,192 0.63 $4,756,192
Badger Meter, Inc. BMI US 056525108 - - 24,945 $4,590,878 $4,590,878 0.60 $4,590,878
Carpenter Technology Corporation CRS US 144285103 - - 14,151 $4,549,405 $4,549,405 0.60 $4,549,405
ACADIA Pharmaceuticals Inc. ACAD US 004225108 - - 164,325 $4,403,910 $4,403,910 0.58 $4,403,910
CarGurus, Inc. Class A CARG US 141788109 - - 114,651 $4,378,522 $4,378,522 0.58 $4,378,522
Celsius Holdings, Inc. CELH US 15118V207 - - 95,069 $4,102,227 $4,102,227 0.54 $4,102,227
LCI Industries LCII US 50189K103 - - 33,442 $4,064,206 $4,064,206 0.53 $4,064,206
Pegasystems Inc. PEGA US 705573103 - - 69,507 $4,057,819 $4,057,819 0.53 $4,057,819
PACS Group, Inc. PACS US 69380Q107 - - 118,335 $4,047,057 $4,047,057 0.53 $4,047,057
UFP Technologies, Inc. UFPT US 902673102 - - 18,583 $4,046,262 $4,046,262 0.53 $4,046,262
eXp World Holdings, Inc. EXPI US 30212W100 - - 400,252 $4,018,530 $4,018,530 0.53 $4,018,530
XPEL, Inc. XPEL US 98379L100 - - 78,271 $3,917,464 $3,917,464 0.52 $3,917,464
Progyny, Inc. PGNY US 74340E103 - - 150,599 $3,917,080 $3,917,080 0.52 $3,917,080
Clear Secure, Inc. Class A YOU US 18467V109 - - 97,366 $3,875,648 $3,875,648 0.51 $3,819,668
Iridium Communications Inc. IRDM US 46269C102 - - 227,482 $3,872,004 $3,872,004 0.51 $3,837,621
Frontdoor, Inc. FTDR US 35905A109 - - 66,735 $3,731,821 $3,731,821 0.49 $3,731,821
St. Joe Company JOE US 790148100 - - 60,117 $3,716,433 $3,716,433 0.49 $3,716,433
Customers Bancorp, Inc. CUBI US 23204G100 - - 49,587 $3,627,289 $3,627,289 0.48 $3,627,289
Cinemark Holdings, Inc. CNK US 17243V102 - - 151,561 $3,608,667 $3,608,667 0.47 $3,608,667
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 108,489 $3,600,750 $3,600,750 0.47 $3,600,750
LegalZoom.com, Inc. LZ US 52466B103 - - 352,996 $3,589,969 $3,589,969 0.47 $3,589,969
CareDx, Inc. CDNA US 14167L103 - - 184,769 $3,577,128 $3,577,128 0.47 $3,577,128
Cadre Holdings, Inc. CDRE US 12763L105 - - 82,650 $3,449,811 $3,449,811 0.45 $3,449,811
Theravance Biopharma Inc TBPH US G8807B106 - - 189,112 $3,315,133 $3,315,133 0.44 $3,315,133
MediaAlpha, Inc. Class A MAX US 58450V104 - - 250,852 $3,248,533 $3,248,533 0.43 $3,248,533
International Money Express, Inc. IMXI US 46005L101 - - 200,339 $3,081,214 $3,081,214 0.41 $3,081,214
StoneX Group Inc. SNEX US 861896108 - - 28,938 $2,809,880 $2,809,880 0.37 $2,809,880
Blue Bird Corporation BLBD US 095306106 - - 50,341 $2,578,466 $2,578,466 0.34 $2,578,466
Allison Transmission Holdings, Inc. ALSN US 01973R101 - - 25,165 $2,483,534 $2,483,534 0.33 $2,483,534
Arhaus, Inc. Class A ARHS US 04035M102 - - 215,799 $2,423,423 $2,423,423 0.32 $2,423,423
Bancorp Inc TBBK US 05969A105 - - 35,761 $2,416,728 $2,416,728 0.32 $2,416,728
Griffon Corporation GFF US 398433102 - - 31,089 $2,387,635 $2,387,635 0.31 $2,387,635
Brink's Company BCO US 109696104 - - 19,722 $2,359,343 $2,359,343 0.31 $2,359,343
Axcelis Technologies, Inc. ACLS US 054540208 - - 27,020 $2,332,366 $2,332,366 0.31 $2,332,366
Douglas Dynamics, Inc. PLOW US 25960R105 - - 69,115 $2,331,595 $2,331,595 0.31 $2,311,206
Axos Financial, Inc. AX US 05465C100 - - 26,987 $2,326,279 $2,326,279 0.31 $2,326,279
Willdan Group, Inc. WLDN US 96924N100 - - 22,294 $2,313,448 $2,313,448 0.30 $2,313,448
AppFolio Inc Class A APPF US 03783C100 - - 9,986 $2,307,365 $2,307,365 0.30 $2,307,365
AZZ Inc. AZZ US 002474104 - - 21,198 $2,307,190 $2,307,190 0.30 $2,307,190
Patrick Industries, Inc. PATK US 703343103 - - 20,251 $2,305,576 $2,305,576 0.30 $2,305,576
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 256,230 $2,265,073 $2,265,073 0.30 $2,265,073
Kontoor Brands, Inc. KTB US 50050N103 - - - $21,925 $21,925 0.00 $0
PJT Partners, Inc. Class A PJT US 69343T107 - - - $12,415 $12,415 0.00 $0
Build-A-Bear Workshop, Inc. BBW US 120076104 - - - $12,252 $12,252 0.00 $0
Acadian Asset Management Inc. AAMI US 10948W103 - - - $560 $560 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 - - 576,811 $576,811 $576,811 0.08 $576,811
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.