Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
86 hedge funds and large institutions have $323M invested in Janus Henderson Small/Mid Cap Growth Alpha ETF in 2025 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
8% more funds holding
Funds holding: 80 → 86 (+6)
5% more capital invested
Capital invested by funds: $307M → $323M (+$15.9M)
1.31% more ownership
Funds ownership: 73.93% → 75.24% (+1.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.99M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.69M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$2.13M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.63M |
| 2 |
LS
Leelyn Smith
Geneva,
Illinois
|
-$1.18M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$421K |
| 4 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
-$334K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$270K |
JSMD Hedge Fund Activity: Q1 2025 in Review
86 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) for Q1 2025, worth a combined $323M — up 5.2% from $307M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new JSMD positions and 6 closed out — a net gain of 6 holders — while 35 added to existing stakes and 22 trimmed.
The largest buyer was Bank of America, adding an estimated $25.9M. The largest seller was Morgan Stanley, cutting an estimated $4.63M.
- 86 institutional investors held Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) as of Q1 2025, up from 80 in Q4 2024.
- Funds reported $323M of Janus Henderson Small/Mid Cap Growth Alpha ETF stock for Q1 2025, up 5.2% quarter-over-quarter.
- 12 funds opened new Janus Henderson Small/Mid Cap Growth Alpha ETF positions in Q1 2025 and 6 closed out, a net change of +6 holders.
- The largest Janus Henderson Small/Mid Cap Growth Alpha ETF buyer in Q1 2025 was Bank of America, an estimated $25.9M added.
- The largest Janus Henderson Small/Mid Cap Growth Alpha ETF seller in Q1 2025 was Morgan Stanley, an estimated $4.63M sold.
Based on aggregated 13F filings for Q1 2025.