We are live on ! Find out more
JAAA icon

Janus Henderson AAA CLO ETF
JAAA

748 hedge funds and large institutions have $14.5B invested in Janus Henderson AAA CLO ETF in 2025 Q1 according to their latest regulatory filings, with 141 funds opening new positions, 404 increasing their positions, 165 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 55

145% more repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 165

21% more funds holding in top 10

Funds holding in top 10: 118 → 143 (+25)

11% more funds holding

Funds holding: 676 → 748 (+72)

10% more capital invested

Capital invested by funds: $13.3B → $14.5B (+$1.27B)

2.24% less ownership

Funds ownership: 70.49% → 68.25% (-2.2%)

93% less call options, than puts

Call options by funds: $903K | Put options by funds: $13.2M

Holders
748
Holders Change
+72
Holders Change %
+10.65%
% of All Funds
10.03%
Holding in Top 10
143
Holding in Top 10 Change
+25
Holding in Top 10 Change %
+21.19%
% of All Funds
1.92%
New
141
Increased
404
Reduced
165
Closed
55
Calls
$903K
Puts
$13.2M
Net Calls
-$12.3M
Net Calls Change
-$12.8M

Top Buyers

1
AIMU
Allianz Investment Management US
Minnesota
+$377M
2
Bank of America
Bank of America
North Carolina
+$320M
3
AAS
Annex Advisory Services
Wisconsin
+$174M
4
LPL Financial
LPL Financial
California
+$167M
5
Morgan Stanley
Morgan Stanley
New York
+$145M

Top Sellers

1
ACG
Arch Capital Group
Bermuda
-$202M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$88.8M
3
SAMU
SONA Asset Management (US)
New York
-$30.4M
4
NG
Norden Group
Utah
-$23.8M
5
KAM
Kensington Asset Management
Texas
-$21.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.74B +$320M +6,296,047 +22%
Morgan Stanley
2
Morgan Stanley
New York
$1.09B +$145M +2,850,628 +15%
LPL Financial
3
LPL Financial
California
$519M +$167M +3,293,159 +47%
AIMU
4
Allianz Investment Management US
Minnesota
$389M +$377M +7,419,500 +2,473%
Wells Fargo
5
Wells Fargo
California
$380M +$76.7M +1,510,523 +25%
Raymond James Financial
6
Raymond James Financial
Florida
$380M +$74.9M +1,474,583 +25%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$341M +$48.2M +948,584 +16%
Kovitz Investment Group Partners
8
Kovitz Investment Group Partners
Illinois
$329M +$78.7M +1,549,946 +31%
UBS Group
9
UBS Group
Switzerland
$303M +$60.8M +1,197,059 +25%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$288M +$69.6M +1,370,784 +32%
HighTower Advisors
11
HighTower Advisors
Illinois
$217M +$14.6M +287,562 +7%
Wealth Enhancement Advisory Services
12
Wealth Enhancement Advisory Services
Minnesota
$213M -$18.8M -370,964 -8%
SMA
13
Sage Mountain Advisors
Georgia
$213M +$7.21M +142,018 +4%
KeyBank National Association
14
KeyBank National Association
Ohio
$206M +$25.2M +495,394 +14%
ACG
15
Arch Capital Group
Bermuda
$200M -$202M -3,973,680 -50%
Charles Schwab
16
Charles Schwab
California
$177M +$1.17M +23,129 +0.7%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$175M +$21.7M +427,639 +14%
AAS
18
Annex Advisory Services
Wisconsin
$174M +$174M +3,424,169 +25,027%
MWA
19
Midland Wealth Advisors
Illinois
$171M +$15.6M +306,251 +10%
ACM
20
Advance Capital Management
Michigan
$150M +$49.6M +977,631 +50%
Osaic Holdings
21
Osaic Holdings
Arizona
$136M +$36.3M +715,322 +36%
RIG
22
RiverFront Investment Group
Virginia
$126M +$5.18M +102,086 +4%
TA
23
TruWealth Advisors
Louisiana
$120M +$6.97M +137,154 +6%
S
24
SignatureFD
Georgia
$119M +$119M +2,347,299 New
Invesco
25
Invesco
Georgia
$117M +$19.4K +383 +0%
1
2 3 4 5

JAAA Hedge Fund Activity: Q1 2025 in Review

748 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Janus Henderson AAA CLO ETF (JAAA) for Q1 2025, worth a combined $14.5B — up 9.6% from $13.3B a quarter earlier.

Buyers outnumbered sellers: 141 funds opened new JAAA positions and 55 closed out — a net gain of 86 holders — while 404 added to existing stakes and 165 trimmed.

The largest buyer was Allianz Investment Management US, adding an estimated $377M. The largest seller was Arch Capital Group, cutting an estimated $202M.

  • 748 institutional investors held Janus Henderson AAA CLO ETF (JAAA) as of Q1 2025, up from 676 in Q4 2024.
  • Funds reported $14.5B of Janus Henderson AAA CLO ETF stock for Q1 2025, up 9.6% quarter-over-quarter.
  • 141 funds opened new Janus Henderson AAA CLO ETF positions in Q1 2025 and 55 closed out, a net change of +86 holders.
  • The largest Janus Henderson AAA CLO ETF buyer in Q1 2025 was Allianz Investment Management US, an estimated $377M added.
  • The largest Janus Henderson AAA CLO ETF seller in Q1 2025 was Arch Capital Group, an estimated $202M sold.

Based on aggregated 13F filings for Q1 2025.