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 | |
|---|---|---|---|---|---|---|
126
TFI International
TFII
$12.1B
| $391M | 0.18% |
3,780,501
+9,121
| +0.2% | +$849K |
|
127
United Therapeutics
UTHR
$26.1B
| $388M | 0.17% |
796,101
+341,383
| +75% | +$159M |
|
128
ServiceNow
NOW
$114B
| $386M | 0.17% |
2,518,061
-1,916,229
| -43% | -$329M |
|
129
Union Pacific
UNP
$175B
| $384M | 0.17% |
1,658,731
+272,429
| +20% | +$62.2M |
|
130
Lantheus
LNTH
$6.68B
| $380M | 0.17% |
5,707,247
-977,490
| -15% | -$56.9M |
|
131
Steris
STE
$22.4B
| $376M | 0.17% |
1,482,635
+13,175
| +0.9% | +$3.31M |
|
132
PTC Therapeutics
PTCT
$6.25B
| $369M | 0.17% |
4,851,332
+1,077,776
| +29% | +$78.3M |
|
133
ICU Medical
ICUI
$4.14B
| $368M | 0.16% |
2,576,756
+103,220
| +4% | +$13.8M |
|
134
Wayfair
W
$12.5B
| $359M | 0.16% |
3,570,475
+166,855
| +5% | +$16M |
|
135
Structure Therapeutics
GPCR
$3.4B
| $354M | 0.16% |
5,090,148
+641,322
| +14% | +$26.2M |
|
136
Moody's
MCO
$83.9B
| $345M | 0.15% |
675,076
+260,431
| +63% | +$127M |
|
137
HubSpot
HUBS
$12.2B
| $344M | 0.15% |
863,817
-283,247
| -25% | -$117M |
|
138
Sensata Technologies
ST
$6.8B
| $343M | 0.15% |
10,289,698
+230,113
| +2% | +$7.36M |
|
139
Glaukos
GKOS
$8.89B
| $341M | 0.15% |
3,018,787
+1,953,578
| +183% | +$187M |
|
140
Flutter Entertainment
FLUT
$18.9B
| $340M | 0.15% |
1,580,795
+168,724
| +12% | +$37.9M |
|
141
Cboe Global Markets
CBOE
$31.1B
| $337M | 0.15% |
1,341,809
-31,356
| -2% | -$7.8M |
|
142
iShares Core US Aggregate Bond ETF
AGG
$138B
| $335M | 0.15% |
3,355,397
+218,063
| +7% | +$21.9M |
|
143
Dell
DELL
$253B
| $334M | 0.15% |
2,654,062
+561,401
| +27% | +$79.1M |
|
144
Schwab US Large- Cap ETF
SCHX
$71.3B
| $334M | 0.15% |
12,410,720
+983,108
| +9% | +$26.3M |
|
145
Costco
COST
$429B
| $333M | 0.15% |
386,163
| – | – |
|
|
SLNO
146
DELISTED
Soleno Therapeutics
SLNO
| $332M | 0.15% |
7,178,354
+1,122,015
| +19% | +$61.5M |
|
|
SARO
147
StandardAero Inc
SARO
$10B
| $322M | 0.14% |
11,224,061
+1,108,066
| +11% | +$30.2M |
|
148
UBS Group
UBS
$171B
| $320M | 0.14% |
6,861,746
+4,919,494
| +253% | +$199M |
|
149
Novartis
NVS
$304B
| $308M | 0.14% |
2,234,418
+165,692
| +8% | +$21.7M |
|
150
Analog Devices
ADI
$178B
| $306M | 0.14% |
1,127,271
-76,247
| -6% | -$19.2M |
|
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.