Janus Henderson Small Cap Growth Alpha ETF
JSML
83 hedge funds and large institutions have $200M invested in Janus Henderson Small Cap Growth Alpha ETF in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
26% more funds holding
Funds holding: 66 → 83 (+17)
24% more capital invested
Capital invested by funds: $161M → $200M (+$38.8M)
3.15% more ownership
Funds ownership: 71.09% → 74.24% (+3.1%)
99% less call options, than puts
Call options by funds: $29K | Put options by funds: $4.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.41M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$5.19M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.79M |
| 4 |
HFW
Horizon Family Wealth
Chicago,
Illinois
|
+$3.36M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.59M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.71M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.12M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$1.05M |
| 5 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$761K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Harbour Investments
Madison,
Wisconsin
| $9.78K | -$34.3K | -462 | -78% |
|
|
GRP
77
Global Retirement Partners
San Rafael,
California
| $5.37K | +$3.56K | +48 | +192% |
|
|
VNA
78
Valley National Advisers
Bethlehem,
Pennsylvania
| $4K | +$4.68K | +63 | New |
|
|
GEA
79
Glen Eagle Advisors
Kingston,
New Jersey
| $3.09K | – | – | – |
|
80
Wells Fargo
San Francisco,
California
| $1.09K | – | – | – |
|
|
GWSA
81
Global Wealth Strategies & Associates
Denver,
Colorado
| $147 | +$149 | +2 | New |
|
|
PIS
82
POM Investment Strategies
Raleigh,
North Carolina
| $48 | – | – | – |
|
|
MI
83
Motiv8 Investments
Port St. Lucie,
Florida
| $4 | +$3.71K | +50 | New |
|
|
GIA
84
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$1.12M | -15,019 | Closed |
|
|
BAM
85
Belpointe Asset Management
Reno,
Nevada
| – | -$1.05M | -14,072 | Closed |
|
|
SMC
86
Smith, Moore & Co
Clayton,
Missouri
| – | -$405K | -5,417 | Closed |
|
|
ASN
87
Advisory Services Network
Atlanta,
Georgia
| – | -$202K | -2,700 | Closed |
|
JSML Hedge Fund Activity: Q4 2025 in Review
83 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Janus Henderson Small Cap Growth Alpha ETF (JSML) for Q4 2025, worth a combined $200M — up 24% from $161M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JSML positions and 4 closed out — a net gain of 17 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.41M. The largest seller was Ameriprise, cutting an estimated $8.59M.
- 83 institutional investors held Janus Henderson Small Cap Growth Alpha ETF (JSML) as of Q4 2025, up from 66 in Q3 2025.
- Funds reported $200M of Janus Henderson Small Cap Growth Alpha ETF stock for Q4 2025, up 24% quarter-over-quarter.
- 21 funds opened new Janus Henderson Small Cap Growth Alpha ETF positions in Q4 2025 and 4 closed out, a net change of +17 holders.
- The largest Janus Henderson Small Cap Growth Alpha ETF buyer in Q4 2025 was LPL Financial, an estimated $9.41M added.
- The largest Janus Henderson Small Cap Growth Alpha ETF seller in Q4 2025 was Ameriprise, an estimated $8.59M sold.
Based on aggregated 13F filings for Q4 2025.