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For Individual Investors in the US

Small/Mid Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of November 28, 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 $22,542,511 $22,542,511 3.07 $22,542,511
Sanmina Corporation SANM US 801056102 - - 130,986 $20,455,429 $20,455,429 2.79 $20,455,429
BWX Technologies, Inc. BWXT US 05605H100 - - 95,629 $17,130,768 $17,130,768 2.34 $17,106,116
Installed Building Products, Inc. IBP US 45780R101 - - 63,440 $17,003,189 $17,003,189 2.31 $17,003,189
Halozyme Therapeutics, Inc. HALO US 40637H109 - - 237,023 $16,923,442 $16,923,442 2.30 $16,923,442
Argan, Inc. AGX US 04010E109 - - 41,206 $16,284,611 $16,284,611 2.21 $16,284,611
TopBuild Corp. BLD US 89055F103 - - 35,235 $15,943,838 $15,943,838 2.17 $15,943,838
Jabil Inc. JBL US 466313103 - - 74,850 $15,777,784 $15,777,784 2.14 $15,771,644
Clear Secure, Inc. Class A YOU US 18467V109 - - 430,755 $15,291,802 $15,291,802 2.08 $15,291,802
Primoris Services Corporation PRIM US 74164F103 - - 116,153 $14,700,324 $14,700,324 2.00 $14,700,324
Frontdoor, Inc. FTDR US 35905A109 - - 256,773 $13,847,768 $13,847,768 1.88 $13,847,768
Nexstar Media Group, Inc. NXST US 65336K103 - - 71,607 $13,758,569 $13,758,569 1.87 $13,758,569
Axcelis Technologies, Inc. ACLS US 054540208 - - 166,073 $13,745,862 $13,745,862 1.87 $13,745,862
AppFolio Inc Class A APPF US 03783C100 - - 60,077 $13,714,378 $13,714,378 1.86 $13,714,378
Credo Technology Group Holding Ltd. CRDO US G25457105 - - 75,506 $13,409,866 $13,409,866 1.82 $13,409,866
Gen Digital Inc. GEN US 668771108 - - 505,749 $13,401,431 $13,401,431 1.82 $13,336,601
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 322,882 $13,393,145 $13,393,145 1.82 $13,393,145
Tidewater Inc TDW US 88642R109 - - 228,321 $12,333,900 $12,333,900 1.68 $12,333,900
Hamilton Lane Incorporated Class A HLNE US 407497106 - - 96,456 $11,954,274 $11,954,274 1.63 $11,954,274
StoneX Group Inc. SNEX US 861896108 - - 131,621 $11,926,179 $11,926,179 1.62 $11,926,179
Red Rock Resorts, Inc. Class A RRR US 75700L108 - - 202,143 $11,839,516 $11,839,516 1.61 $11,839,516
Cal-Maine Foods, Inc. CALM US 128030202 - - 139,325 $11,608,559 $11,608,559 1.58 $11,608,559
Astera Labs, Inc. ALAB US 04626A103 - - 73,476 $11,577,613 $11,577,613 1.57 $11,577,613
10x Genomics Inc Class A TXG US 88025U109 - - 610,625 $11,485,856 $11,485,856 1.56 $11,485,856
SoFi Technologies Inc SOFI US 83406F102 - - 365,645 $10,866,969 $10,866,969 1.48 $10,866,969
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 262,541 $10,606,656 $10,606,656 1.44 $10,606,656
Sterling Infrastructure, Inc. STRL US 859241101 - - 30,067 $10,352,369 $10,352,369 1.41 $10,352,369
Nextpower Inc. Class A NXT US 65290E101 - - 107,823 $9,878,743 $9,878,743 1.34 $9,878,743
Moelis & Co. Class A MC US 60786M105 - - 147,912 $9,589,290 $9,589,290 1.30 $9,491,513
Pegasystems Inc. PEGA US 705573103 - - 173,374 $9,495,694 $9,495,694 1.29 $9,495,694
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 587,241 $9,466,325 $9,466,325 1.29 $9,466,325
Rigel Pharmaceuticals, Inc. RIGL US 766559702 - - 181,747 $9,176,406 $9,176,406 1.25 $9,176,406
Blue Bird Corporation BLBD US 095306106 - - 173,116 $9,040,118 $9,040,118 1.23 $9,040,118
Rambus Inc. RMBS US 750917106 - - 92,558 $8,845,768 $8,845,768 1.20 $8,845,768
Centrus Energy Corp. Class A LEU US 15643U104 - - 33,831 $8,772,378 $8,772,378 1.19 $8,772,378
Lazard Inc LAZ US 52110M109 - - 172,648 $8,718,724 $8,718,724 1.19 $8,718,724
Brink's Company BCO US 109696104 - - 76,967 $8,665,663 $8,665,663 1.18 $8,645,703
Patrick Industries, Inc. PATK US 703343103 - - 80,006 $8,658,249 $8,658,249 1.18 $8,658,249
Bancorp Inc TBBK US 05969A105 - - 135,095 $8,655,537 $8,655,537 1.18 $8,655,537
Tapestry, Inc. TPR US 876030107 - - 77,496 $8,468,763 $8,468,763 1.15 $8,468,763
PJT Partners, Inc. Class A PJT US 69343T107 - - 49,660 $8,343,377 $8,343,377 1.13 $8,343,377
Powell Industries, Inc. POWL US 739128106 - - 25,067 $8,109,070 $8,109,070 1.10 $8,102,156
LegalZoom.com, Inc. LZ US 52466B103 - - 853,187 $7,960,235 $7,960,235 1.08 $7,960,235
Enova International Inc ENVA US 29357K103 - - 55,454 $7,269,465 $7,269,465 0.99 $7,269,465
REV Group, Inc. REVG US 749527107 - - 135,464 $7,216,167 $7,216,167 0.98 $7,216,167
Willdan Group, Inc. WLDN US 96924N100 - - 67,936 $6,854,742 $6,854,742 0.93 $6,854,742
AZZ Inc. AZZ US 002474104 - - 63,871 $6,733,281 $6,733,281 0.92 $6,733,281
Buckle, Inc. BKE US 118440106 - - 118,330 $6,683,278 $6,683,278 0.91 $6,683,278
Axos Financial, Inc. AX US 05465C100 - - 79,433 $6,527,804 $6,527,804 0.89 $6,527,804
Celsius Holdings, Inc. CELH US 15118V207 - - 158,199 $6,476,667 $6,476,667 0.88 $6,476,667
ANI Pharmaceuticals, Inc. ANIP US 00182C103 - - 72,276 $6,132,619 $6,132,619 0.83 $6,132,619
Stoke Therapeutics, Inc. STOK US 86150R107 - - 173,359 $5,358,527 $5,358,527 0.73 $5,358,527
Alkermes Public Limited Company ALKS US G01767105 - - 180,981 $5,353,418 $5,353,418 0.73 $5,353,418
Manhattan Associates, Inc. MANH US 562750109 - - 29,609 $5,224,508 $5,224,508 0.71 $5,224,508
CompoSecure, Inc. Class A CMPO US 20459V105 - - 249,513 $4,957,823 $4,957,823 0.67 $4,957,823
MediaAlpha, Inc. Class A MAX US 58450V104 - - 380,925 $4,860,603 $4,860,603 0.66 $4,860,603
Peloton Interactive, Inc. Class A PTON US 70614W100 - - 682,554 $4,634,542 $4,634,542 0.63 $4,634,542
Laureate Education, Inc. LAUR US 518613203 - - 149,199 $4,610,249 $4,610,249 0.63 $4,610,249
Somnigroup International Inc. SGI US 88023U101 - - 49,347 $4,523,870 $4,523,870 0.61 $4,516,237
Arhaus, Inc. Class A ARHS US 04035M102 - - 418,910 $4,331,529 $4,331,529 0.59 $4,331,529
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 123,844 $4,102,952 $4,102,952 0.56 $4,102,952
International Money Express, Inc. IMXI US 46005L101 - - 263,250 $4,011,930 $4,011,930 0.55 $4,011,930
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 85,496 $3,990,953 $3,990,953 0.54 $3,990,953
Customers Bancorp, Inc. CUBI US 23204G100 - - 54,374 $3,746,369 $3,746,369 0.51 $3,746,369
Doximity, Inc. Class A DOCS US 26622P107 - - 72,234 $3,715,717 $3,715,717 0.51 $3,715,717
Coeur Mining, Inc. CDE US 192108504 - - 214,478 $3,704,035 $3,704,035 0.50 $3,704,035
InterDigital, Inc. IDCC US 45867G101 - - 10,353 $3,703,786 $3,703,786 0.50 $3,703,786
Wayfair, Inc. Class A W US 94419L101 - - 31,643 $3,506,044 $3,506,044 0.48 $3,506,044
IES Holdings, Inc. IESC US 44951W106 - - 7,967 $3,334,747 $3,334,747 0.45 $3,334,747
Coastal Financial Corporation CCB US 19046P209 - - 29,945 $3,334,376 $3,334,376 0.45 $3,334,376
Unity Software, Inc. U US 91332U101 - - 76,862 $3,268,172 $3,268,172 0.44 $3,268,172
Janus International Group, Inc. JBI US 47103N106 - - 519,609 $3,226,772 $3,226,772 0.44 $3,226,772
Avadel Pharmaceuticals plc AVDL US G29687103 - - 148,758 $3,196,809 $3,196,809 0.43 $3,196,809
ServisFirst Bancshares Inc SFBS US 81768T108 - - 44,829 $3,188,687 $3,188,687 0.43 $3,188,687
TripAdvisor, Inc. TRIP US 896945201 - - 204,388 $3,039,250 $3,039,250 0.41 $3,039,250
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 321,697 $3,004,650 $3,004,650 0.41 $3,004,650
Kontoor Brands, Inc. KTB US 50050N103 - - 40,113 $2,982,402 $2,982,402 0.41 $2,982,402
Build-A-Bear Workshop, Inc. BBW US 120076104 - - 55,691 $2,969,444 $2,969,444 0.40 $2,957,192
Sonic Automotive, Inc. Class A SAH US 83545G102 - - 46,027 $2,901,082 $2,901,082 0.39 $2,901,082
FuboTV Inc. Class A FUBO US 35953D104 - - 890,032 $2,705,697 $2,705,697 0.37 $2,705,697
Victoria's Secret & Company VSCO US 926400102 - - 64,357 $2,659,875 $2,659,875 0.36 $2,659,875
Array Technologies Inc ARRY US 04271T100 - - 353,542 $2,655,100 $2,655,100 0.36 $2,655,100
Douglas Dynamics, Inc. PLOW US 25960R105 - - 74,440 $2,405,156 $2,405,156 0.33 $2,405,156
Acadian Asset Management Inc. AAMI US 10948W103 - - 53,533 $2,400,420 $2,400,420 0.33 $2,400,420
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 98,949 $2,316,396 $2,316,396 0.31 $2,316,396
Supernus Pharmaceuticals, Inc. SUPN US 868459108 - - 49,592 $2,260,899 $2,260,899 0.31 $2,260,899
eXp World Holdings, Inc. EXPI US 30212W100 - - 198,164 $2,259,322 $2,259,322 0.31 $2,249,161
First Bancorp FBP US 318672706 - - 100,012 $1,993,439 $1,993,439 0.27 $1,977,237
Zeta Global Holdings Corp. Class A ZETA US 98956A105 - - 108,521 $1,980,508 $1,980,508 0.27 $1,980,508
Affirm Holdings, Inc. Class A AFRM US 00827B106 - - 26,402 $1,873,222 $1,873,222 0.25 $1,873,222
Live Oak Bancshares, Inc. LOB US 53803X105 - - 57,001 $1,819,472 $1,819,472 0.25 $1,819,472
Sapiens International Corporation NV SPNS US G7T16G103 - - 41,991 $1,816,951 $1,816,951 0.25 $1,816,951
USA TODAY Co., Inc. TDAY US 36472T109 - - 356,943 $1,788,284 $1,788,284 0.24 $1,788,284
Community Health Systems, Inc. CYH US 203668108 - - 511,328 $1,769,195 $1,769,195 0.24 $1,769,195
Healthcare Services Group, Inc. HCSG US 421906108 - - 91,955 $1,726,915 $1,726,915 0.23 $1,726,915
Itron, Inc. ITRI US 465741106 - - 16,295 $1,613,857 $1,613,857 0.22 $1,613,857
HCI Group, Inc. HCI US 40416E103 - - 8,503 $1,514,925 $1,514,925 0.21 $1,511,408
Dave, Inc. Class A DAVE US 23834J201 - - 6,929 $1,512,324 $1,512,324 0.21 $1,512,324
Concentra Group Holdings Parent, Inc. CON US 20603L102 - - 70,606 $1,451,659 $1,451,659 0.20 $1,451,659
Skyward Specialty Insurance Group, Inc. SKWD US 830940102 - - 29,222 $1,430,709 $1,430,709 0.19 $1,430,709
Energizer Holdings, Inc. ENR US 29272W109 - - 73,425 $1,360,877 $1,360,877 0.18 $1,338,538
Bumble, Inc. Class A BMBL US 12047B105 - - 360,497 $1,279,764 $1,279,764 0.17 $1,279,764
Vail Resorts, Inc. MTN US 91879Q109 - - 8,907 $1,248,850 $1,248,850 0.17 $1,248,850
CorMedix Inc. CRMD US 21900C308 - - 121,140 $1,188,383 $1,188,383 0.16 $1,188,383
Stride, Inc. LRN US 86333M108 - - 12,851 $816,424 $816,424 0.11 $816,424
Wolverine World Wide, Inc. WWW US 978097103 - - 45,997 $745,611 $745,611 0.10 $745,611
New Fortress Energy Inc. Class A NFE US 644393100 - - - $6,134 $6,134 0.00 $0
US DOLLARS USD MD_142224 - - 636,968 $636,968 $636,968 0.09 $636,968
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.