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For Individual Investors in the US

Small Cap Growth Alpha ETF Holdings

Full Portfolio Holdings

(As of November 12, 2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
Sterling Infrastructure, Inc. STRL US 859241101 - - 20,571 $7,831,380 $7,831,380 3.04 $7,831,380
Aurinia Pharmaceuticals Inc. AUPH US 05156V102 - - 423,024 $6,573,793 $6,573,793 2.55 $6,573,793
Primoris Services Corporation PRIM US 74164F103 - - 52,421 $6,449,880 $6,449,880 2.51 $6,449,880
Argan, Inc. AGX US 04010E109 - - 16,866 $6,152,379 $6,152,379 2.39 $6,152,379
Clear Secure, Inc. Class A YOU US 18467V109 - - 154,400 $5,888,816 $5,888,816 2.29 $5,888,816
NAPCO Security Technologies, Inc. NSSC US 630402105 - - 126,354 $5,300,550 $5,300,550 2.06 $5,300,550
Artisan Partners Asset Management, Inc. Class A APAM US 04316A108 - - 114,276 $5,064,712 $5,064,712 1.97 $5,064,712
Axcelis Technologies, Inc. ACLS US 054540208 - - 59,197 $5,056,608 $5,056,608 1.97 $5,056,608
Appian Corporation Class A APPN US 03782L101 - - 108,591 $4,956,093 $4,956,093 1.93 $4,956,093
10x Genomics Inc Class A TXG US 88025U109 - - 289,979 $4,839,750 $4,839,750 1.88 $4,839,750
Sanmina Corporation SANM US 801056102 - - 28,489 $4,837,432 $4,837,432 1.88 $4,837,432
Moelis & Co. Class A MC US 60786M105 - - 70,965 $4,677,303 $4,677,303 1.82 $4,631,176
Tidewater Inc TDW US 88642R109 - - 83,721 $4,578,701 $4,578,701 1.78 $4,578,701
Credo Technology Group Holding Ltd. CRDO US G25457105 - - 28,461 $4,563,437 $4,563,437 1.77 $4,563,437
Federal Signal Corporation FSS US 313855108 - - 40,359 $4,486,306 $4,486,306 1.74 $4,486,306
Rambus Inc. RMBS US 750917106 - - 43,451 $4,441,127 $4,441,127 1.73 $4,441,127
Laureate Education, Inc. LAUR US 518613203 - - 138,355 $4,306,991 $4,306,991 1.68 $4,306,991
Cal-Maine Foods, Inc. CALM US 128030202 - - 46,476 $4,288,387 $4,288,387 1.67 $4,226,527
Frontdoor, Inc. FTDR US 35905A109 - - 82,522 $4,231,728 $4,231,728 1.65 $4,231,728
Centrus Energy Corp. Class A LEU US 15643U104 - - 15,336 $4,226,602 $4,226,602 1.64 $4,226,602
International Money Express, Inc. IMXI US 46005L101 - - 254,277 $3,839,583 $3,839,583 1.49 $3,839,583
Qualys, Inc. QLYS US 74758T303 - - 25,406 $3,812,170 $3,812,170 1.48 $3,812,170
Catalyst Pharmaceuticals, Inc. CPRX US 14888U101 - - 163,525 $3,725,100 $3,725,100 1.45 $3,725,100
Stoke Therapeutics, Inc. STOK US 86150R107 - - 147,955 $3,718,109 $3,718,109 1.45 $3,718,109
Alexander's, Inc. ALX US 014752109 - - 15,922 $3,588,023 $3,588,023 1.40 $3,516,374
IES Holdings, Inc. IESC US 44951W106 - - 8,874 $3,454,204 $3,454,204 1.34 $3,454,204
CompoSecure, Inc. Class A CMPO US 20459V105 - - 159,480 $3,369,812 $3,369,812 1.31 $3,369,812
Collegium Pharmaceutical, Inc. COLL US 19459J104 - - 70,790 $3,351,906 $3,351,906 1.30 $3,351,906
First Bancorp FBP US 318672706 - - 163,217 $3,332,891 $3,332,891 1.30 $3,332,891
Palomar Holdings, Inc. PLMR US 69753M105 - - 24,936 $3,302,773 $3,302,773 1.28 $3,302,773
LegalZoom.com, Inc. LZ US 52466B103 - - 318,107 $3,266,959 $3,266,959 1.27 $3,266,959
Fabrinet FN US G3323L100 - - 7,169 $3,208,056 $3,208,056 1.25 $3,208,056
HCI Group, Inc. HCI US 40416E103 - - 16,904 $3,202,125 $3,202,125 1.25 $3,202,125
Alkermes Public Limited Company ALKS US G01767105 - - 101,579 $3,190,088 $3,190,088 1.24 $3,190,088
Itron, Inc. ITRI US 465741106 - - 29,312 $3,074,243 $3,074,243 1.20 $3,074,243
Installed Building Products, Inc. IBP US 45780R101 - - 11,538 $3,059,301 $3,059,301 1.19 $3,059,301
Buckle, Inc. BKE US 118440106 - - 53,449 $3,013,989 $3,013,989 1.17 $3,013,989
Coeur Mining, Inc. CDE US 192108504 - - 181,107 $2,830,702 $2,830,702 1.10 $2,830,702
Nextracker Inc. Class A NXT US 65290E101 - - 28,087 $2,710,536 $2,710,536 1.05 $2,710,536
StoneX Group Inc. SNEX US 861896108 - - 27,951 $2,516,429 $2,516,429 0.98 $2,516,429
Peloton Interactive, Inc. Class A PTON US 70614W100 - - 323,457 $2,412,989 $2,412,989 0.94 $2,412,989
Theravance Biopharma Inc TBPH US G8807B106 - - 128,808 $2,290,206 $2,290,206 0.89 $2,290,206
InterDigital, Inc. IDCC US 45867G101 - - 6,305 $2,235,942 $2,235,942 0.87 $2,235,942
Bancorp Inc TBBK US 05969A105 - - 35,087 $2,230,481 $2,230,481 0.87 $2,230,481
FuboTV Inc. Class A FUBO US 35953D104 - - 564,211 $2,217,349 $2,217,349 0.86 $2,217,349
Powell Industries, Inc. POWL US 739128106 - - 6,179 $2,201,145 $2,201,145 0.86 $2,201,145
Adtalem Global Education Inc. ATGE US 00737L103 - - 22,581 $2,187,196 $2,187,196 0.85 $2,187,196
Commvault Systems, Inc. CVLT US 204166102 - - 16,821 $2,147,537 $2,147,537 0.84 $2,147,537
Rigel Pharmaceuticals, Inc. RIGL US 766559702 - - 53,754 $2,146,935 $2,146,935 0.84 $2,146,935
Dave, Inc. Class A DAVE US 23834J201 - - 8,667 $2,093,861 $2,093,861 0.81 $2,093,861
Willdan Group, Inc. WLDN US 96924N100 - - 19,856 $1,868,847 $1,868,847 0.73 $1,868,847
NCR Atleos Corporation NATL US 63001N106 - - 49,200 $1,791,372 $1,791,372 0.70 $1,791,372
SIGA Technologies Inc SIGA US 826917106 - - 272,847 $1,694,380 $1,694,380 0.66 $1,694,380
Brink's Company BCO US 109696104 - - 14,356 $1,637,554 $1,637,554 0.64 $1,634,000
Federal Agricultural Mortgage Corporation Class C AGM US 313148306 - - 9,676 $1,616,279 $1,616,279 0.63 $1,616,279
Guardant Health, Inc. GH US 40131M109 - - 16,350 $1,599,684 $1,599,684 0.62 $1,599,684
Griffon Corporation GFF US 398433102 - - 22,051 $1,583,041 $1,583,041 0.62 $1,583,041
AZZ Inc. AZZ US 002474104 - - 15,459 $1,561,514 $1,561,514 0.61 $1,561,514
REV Group, Inc. REVG US 749527107 - - 29,019 $1,527,560 $1,527,560 0.59 $1,527,560
Protagonist Therapeutics, Inc. PTGX US 74366E102 - - 17,897 $1,518,560 $1,518,560 0.59 $1,518,560
Turtle Beach Corporation TBCH US 900450206 - - 96,654 $1,478,806 $1,478,806 0.58 $1,478,806
Blue Bird Corporation BLBD US 095306106 - - 27,359 $1,411,998 $1,411,998 0.55 $1,411,998
Live Oak Bancshares, Inc. LOB US 53803X105 - - 42,670 $1,369,280 $1,369,280 0.53 $1,369,280
Modine Manufacturing Company MOD US 607828100 - - 9,279 $1,367,725 $1,367,725 0.53 $1,367,725
Build-A-Bear Workshop, Inc. BBW US 120076104 - - 26,756 $1,324,422 $1,324,422 0.52 $1,324,422
Janus International Group, Inc. JBI US 47103N106 - - 209,960 $1,310,150 $1,310,150 0.51 $1,310,150
MiMedx Group, Inc. MDXG US 602496101 - - 174,518 $1,305,395 $1,305,395 0.51 $1,305,395
Global Industrial Company GIC US 37892E102 - - 45,217 $1,232,615 $1,232,615 0.48 $1,220,859
Victoria's Secret & Company VSCO US 926400102 - - 34,131 $1,207,896 $1,207,896 0.47 $1,207,896
ServisFirst Bancshares Inc SFBS US 81768T108 - - 16,916 $1,205,603 $1,205,603 0.47 $1,205,603
Cheesecake Factory Incorporated CAKE US 163072101 - - 24,342 $1,126,548 $1,126,548 0.44 $1,119,975
Array Technologies Inc ARRY US 04271T100 - - 132,200 $1,111,802 $1,111,802 0.43 $1,111,802
Alphatec Holdings, Inc. ATEC US 02081G201 - - 52,688 $1,093,276 $1,093,276 0.43 $1,093,276
OptimizeRx Corporation OPRX US 68401U204 - - 66,394 $1,072,263 $1,072,263 0.42 $1,072,263
Douglas Dynamics, Inc. PLOW US 25960R105 - - 34,018 $1,066,464 $1,066,464 0.41 $1,066,464
Watts Water Technologies, Inc. Class A WTS US 942749102 - - 3,827 $1,057,898 $1,057,898 0.41 $1,057,898
Indivior PLC INDV US G4766E116 - - 34,637 $1,042,574 $1,042,574 0.41 $1,042,574
Enova International Inc ENVA US 29357K103 - - 8,043 $1,039,156 $1,039,156 0.40 $1,039,156
Progyny, Inc. PGNY US 74340E103 - - 42,997 $1,034,938 $1,034,938 0.40 $1,034,938
Hims & Hers Health, Inc. Class A HIMS US 433000106 - - 26,424 $1,031,064 $1,031,064 0.40 $1,031,064
Universal Insurance Holdings, Inc. UVE US 91359V107 - - 29,608 $1,021,180 $1,021,180 0.40 $1,021,180
Arhaus, Inc. Class A ARHS US 04035M102 - - 108,178 $1,004,974 $1,004,974 0.39 $1,004,974
FirstCash Holdings, Inc. FCFS US 33768G107 - - 6,068 $980,771 $980,771 0.38 $980,771
SPX Technologies, Inc. SPXC US 78473E103 - - 4,367 $956,766 $956,766 0.37 $956,766
Lantheus Holdings Inc LNTH US 516544103 - - 17,553 $956,638 $956,638 0.37 $956,638
EverQuote, Inc. Class A EVER US 30041R108 - - 37,139 $954,472 $954,472 0.37 $954,472
Bumble, Inc. Class A BMBL US 12047B105 - - 243,767 $951,910 $951,910 0.37 $951,910
Oscar Health, Inc. Class A OSCR US 687793109 - - 62,233 $939,718 $939,718 0.37 $939,718
Pagaya Technologies Ltd Class A PGY US M7S64L115 - - 36,011 $933,405 $933,405 0.36 $933,405
Community Health Systems, Inc. CYH US 203668108 - - 272,809 $933,007 $933,007 0.36 $933,007
Nutex Health Inc NUTX US 67079U306 - - 7,568 $920,647 $920,647 0.36 $920,647
Aveanna Healthcare Holdings Inc AVAH US 05356F105 - - 103,475 $910,580 $910,580 0.35 $910,580
Grindr Inc. GRND US 39854F101 - - 60,264 $890,702 $890,702 0.35 $890,702
Coursera Inc COUR US 22266M104 - - 102,379 $871,245 $871,245 0.34 $871,245
Patrick Industries, Inc. PATK US 703343103 - - 8,167 $844,141 $844,141 0.33 $844,141
Kontoor Brands, Inc. KTB US 50050N103 - - 11,360 $827,349 $827,349 0.32 $827,349
eXp World Holdings, Inc. EXPI US 30212W100 - - 73,735 $796,338 $796,338 0.31 $796,338
Coastal Financial Corporation CCB US 19046P209 - - 7,018 $774,015 $774,015 0.30 $774,015
Stride, Inc. LRN US 86333M108 - - 11,777 $772,689 $772,689 0.30 $772,689
Customers Bancorp, Inc. CUBI US 23204G100 - - 11,125 $749,269 $749,269 0.29 $749,269
Rackspace Technology, Inc. RXT US 750102105 - - 622,576 $740,865 $740,865 0.29 $740,865
TransMedics Group, Inc. TMDX US 89377M109 - - 6,134 $731,050 $731,050 0.28 $731,050
Root, Inc. Class A ROOT US 77664L207 - - 8,261 $727,505 $727,505 0.28 $727,505
ANI Pharmaceuticals, Inc. ANIP US 00182C103 - - 8,271 $721,810 $721,810 0.28 $721,810
American Superconductor Corporation AMSC US 030111207 - - 19,449 $684,216 $684,216 0.27 $684,216
Mitek Systems, Inc. MITK US 606710200 - - 69,932 $660,857 $660,857 0.26 $660,857
Wolverine World Wide, Inc. WWW US 978097103 - - 40,734 $651,744 $651,744 0.25 $651,744
Energizer Holdings, Inc. ENR US 29272W109 - - 25,944 $632,515 $632,515 0.25 $632,515
CorMedix Inc. CRMD US 21900C308 - - 53,718 $613,460 $613,460 0.24 $613,460
IDT Corporation Class B IDT US 448947507 - - 11,689 $611,218 $611,218 0.24 $611,218
Beauty Health Company Class A SKIN US 88331L108 - - 453,601 $603,289 $603,289 0.23 $603,289
Rapid7 Inc. RPD US 753422104 - - 36,606 $512,484 $512,484 0.20 $512,484
Sezzle Inc. SEZL US 78435P105 - - 8,220 $470,924 $470,924 0.18 $470,924
New Fortress Energy Inc. Class A NFE US 644393100 - - - $2,231 $2,231 0.00 $0
US DOLLARS USD MD_142224 - - -15,206 $-15,206 $-15,206 -0.01 $-15,206
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.