Janus Henderson Group Portfolio holdings
Janus Henderson Group, formed in 2017 through the merger of Janus Capital Group (founded 1969) and Henderson Group (founded 1934), is a global asset management firm headquartered in London, managing over $350 billion in assets as of late 2024 for institutional, retail, and high-net-worth clients. With a strong presence in the U.S., Europe, and Asia-Pacific, the firm offers a wide range of investment products, including equities, fixed income, multi-asset, and alternative strategies, often blending active management with research-driven insights. Known for its equity expertise from Janus’s growth-focused heritage and Henderson’s European fixed-income strengths, Janus Henderson serves clients through mutual funds, ETFs, and bespoke portfolios, emphasizing risk-adjusted returns and ESG integration. Led by CEO Ali Dibadj since 2022, the publicly traded firm (NYSE: JHG) continues to refine its strategy amid competitive pressures, maintaining a foothold in key markets worldwide.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Workday
WDAY
|
+$574M |
| 2 |
TotalEnergies
TTE
|
+$573M |
| 3 |
MDLN
Medline Inc
MDLN
|
+$446M |
| 4 |
Micron Technology
MU
|
+$389M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$387M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.19B |
| 2 |
Microsoft
MSFT
|
+$1.11B |
| 3 |
Mastercard
MA
|
+$557M |
| 4 |
Autodesk
ADSK
|
+$554M |
| 5 |
RNAM
Avidity Biosciences
RNAM
|
+$490M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.83% |
| 2 | Healthcare | 19.29% |
| 3 | Consumer Discretionary | 9.89% |
| 4 | Financials | 9.74% |
| 5 | Industrials | 9.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Itron
ITRI
$4.54B
| $46.8M | 0.02% |
504,171
-65,724
| -12% | -$7.16M |
|
|
NTST
427
NETSTREIT Corp
NTST
$2.13B
| $46.5M | 0.02% |
2,637,268
-667,099
| -20% | -$12.1M |
|
428
Sabra Healthcare REIT
SBRA
$5.56B
| $46.4M | 0.02% |
2,451,705
-637,918
| -21% | -$11.8M |
|
429
Powell Industries
POWL
$6.79B
| $46.2M | 0.02% |
435,102
+84,588
| +24% | +$9.5M |
|
430
Stoke Therapeutics
STOK
$1.84B
| $46M | 0.02% |
1,450,933
+1,116,452
| +334% | +$33.6M |
|
431
CBIZ
CBZ
$2.95B
| $45.9M | 0.02% |
910,713
-37,931
| -4% | -$1.99M |
|
432
Icon
ICLR
$13.7B
| $45.2M | 0.02% |
248,279
+28,008
| +13% | +$4.99M |
|
433
Ally Financial
ALLY
$13.1B
| $45.2M | 0.02% |
998,715
-373,270
| -27% | -$15.4M |
|
434
Zillow
Z
$7.78B
| $44.9M | 0.02% |
657,468
-1,666
| -0.3% | -$121K |
|
435
Maximus
MMS
$3.32B
| $44.7M | 0.02% |
517,549
-6,049
| -1% | -$517K |
|
436
Gulfport Energy Corp
GPOR
$2.82B
| $44.6M | 0.02% |
214,574
+4,854
| +2% | +$968K |
|
|
BCAX
437
Bicara Therapeutics
BCAX
$1.7B
| $44.5M | 0.02% |
+2,646,285
| New | +$45.2M |
|
438
Mineralys Therapeutics
MLYS
$2.32B
| $44M | 0.02% |
1,213,265
+1,193,417
| +6,013% | +$47.9M |
|
|
SNDK
439
Sandisk
SNDK
$150B
| $43.5M | 0.02% |
183,236
+103,913
| +131% | +$20.8M |
|
440
STAG Industrial
STAG
$7.44B
| $43.1M | 0.02% |
1,172,291
-436,771
| -27% | -$16.6M |
|
441
ACM Research
ACMR
$4.51B
| $42.7M | 0.02% |
1,082,982
+1,011,088
| +1,406% | +$37.7M |
|
442
Cummins
CMI
$83.6B
| $41.9M | 0.02% |
82,033
+237
| +0.3% | +$111K |
|
443
AutoZone
AZO
$51.3B
| $41.7M | 0.02% |
12,303
+14
| +0.1% | +$52.9K |
|
444
Electronic Arts
EA
$52.4B
| $41.6M | 0.02% |
203,774
+39,430
| +24% | +$7.96M |
|
445
Macerich
MAC
$7.4B
| $41.5M | 0.02% |
2,251,963
-126,866
| -5% | -$2.24M |
|
446
HEICO Corp Class A
HEI.A
$36B
| $41.4M | 0.02% |
164,169
+151
| +0.1% | +$37.3K |
|
|
UPB
447
Upstream Bio Inc
UPB
$349M
| $41.4M | 0.02% |
+1,527,958
| New | +$38M |
|
448
Samsara
IOT
$22.6B
| $41.1M | 0.02% |
1,160,784
+12,619
| +1% | +$488K |
|
449
Cavco Industries
CVCO
$4.36B
| $40.7M | 0.02% |
68,826
-2,808
| -4% | -$1.59M |
|
450
Federal Realty Investment Trust
FRT
$10.9B
| $40.6M | 0.02% |
403,072
-16,210
| -4% | -$1.6M |
|
Similar funds
Janus Henderson Group's Q4 2025 Portfolio in Review
As of Q4 2025, Janus Henderson Group held 2,496 positions worth $223B, up 1.9% from $219B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Janus Henderson Group's Q4 2025 filing shows 100 new, 812 increased, 609 reduced and 90 closed positions. Its largest new stake was TotalEnergies: 9,061,622 shares worth $591M. The largest sale was Meta Platforms (Facebook), an estimated $1.19B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, down from 37% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Janus Henderson Group's largest Q4 2025 buy was TotalEnergies: 9,061,622 shares worth $591M.
- Janus Henderson Group added most to Workday in Q4 2025, an estimated $574M increase.
- Janus Henderson Group's biggest Q4 2025 reduction was Meta Platforms (Facebook), cutting an estimated $1.19B.
- Janus Henderson Group fully exited Akero Therapeutics in Q4 2025, selling an estimated $298M.
- Janus Henderson Group's ten largest holdings make up 33% of its $223B portfolio in Q4 2025.
- Janus Henderson Group opened 100 new positions and closed 90 in Q4 2025.
- Janus Henderson Group's portfolio value rose 1.9% quarter-over-quarter to $223B.
Based on Janus Henderson Group's 13F filing for Q4 2025, filed 17 Feb 2026.