Vault-13

JANUS DETROIT STR TR JSI

HENDERSON SECURI · ETP · CUSIP 47103U746

134 institutional holders +27 vs Q2 2025
20,161,13420.2m shares reported held*
$1.1bnreported value*
41 new 74 added 14 reduced 11 sold out net bought ≈ $409.8m (+7.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.26.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q4 23: 10Q1 24: 26Q2 24: 34Q3 24: 45Q4 24: 69Q1 25: 93Q2 25: 107Q3 25: 134134Q4 23Q2 24Q4 24Q2 25Q3 25
Numbers
QuarterHolders
Q4 202310
Q1 202426
Q2 202434
Q3 202445
Q4 202469
Q1 202593
Q2 2025107
Q3 2025134

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q1 24: 23 bought or addedQ1 24: 0 cut or sold outQ1 24Q2 24: 24 bought or addedQ2 24: 11 cut or sold outQ3 24: 36 bought or addedQ3 24: 12 cut or sold outQ3 24Q4 24: 56 bought or addedQ4 24: 13 cut or sold outQ1 25: 72 bought or addedQ1 25: 26 cut or sold outQ1 25Q2 25: 83 bought or addedQ2 25: 26 cut or sold outQ3 25: 115 bought or addedQ3 25: 25 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024230
Q2 20242411
Q3 20243612
Q4 20245613
Q1 20257226
Q2 20258326
Q3 202511525

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $12.5mQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$12.5m—
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

OSAIC HOLDINGS, INC. Added +2,364,610+2.4m
RAYMOND JAMES FINANCIAL INC Added +472,719+472.7k
LPL Financial LLC Added +470,941+470.9k
Marshall Financial Group, LLC New +391,682+391.7k
TRAPHAGEN INVESTMENT ADVISORS LLC Added +382,329+382.3k
Bank of New York Mellon Corp Added +371,901+371.9k
AMERIPRISE FINANCIAL INC New +339,311+339.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +222,997+223.0k
ROYAL BANK OF CANADA New +215,624+215.6k
HARBOUR INVESTMENTS, INC. New +212,306+212.3k

Biggest sellers

State of New Jersey Common Pension Fund D Reduced -200,000-200.0k
JANUS HENDERSON GROUP PLC Sold out -153,794-153.8k
Whalen Wealth Management Inc. Sold out -85,912-85.9k
JANE STREET GROUP, LLC Sold out -63,762-63.8k
Tradewinds, LLC. Sold out -47,020-47.0k
StoneCrest Wealth Management, Inc. Reduced -20,074-20.1k
Thrivent Financial for Lutherans Sold out -17,691-17.7k
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors Reduced -13,935-13.9k
TOUNJIAN ADVISORY PARTNERS, LLC Reduced -12,600-12.6k
MMA ASSET MANAGEMENT LLC Reduced -10,695-10.7k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OSAIC HOLDINGS, INC. 0.18% of their portfolio SCOTTSDALE, AZ 2,429,4272.4m $127.0m $127.0m 0.18% Added +2.4m +2,364,610
2 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 1,226,4761.2m $64.0m $64.0m 0.10% Added +223.0k +222,997
3 Grant Street Asset Management, Inc. 9.19% of their portfolio CANONSBURG, PA 832,272832.3k $43.5m $43.5m 9.19% Added +25.7k +25,670
4 TRAPHAGEN INVESTMENT ADVISORS LLC 3.69% of their portfolio ORADELL, NJ 819,505819.5k $42.8m $42.8m 3.69% Added +382.3k +382,329
5 NorthCoast Asset Management LLC 0.16% of their portfolio STAMFORD, CT 803,375803.4k $42.0m $42.0m 0.16% Added +5.7k +5,653
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 757,238757.2k $39.6m $39.6m 0.01% Added +470.9k +470,941
7 ATWOOD & PALMER INC 2.02% of their portfolio KANSAS CITY, MO 658,133658.1k $34.4m $34.4m 2.02% Added +9.3k +9,344
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 601,536601.5k $31.4m $31.4m 0.01% Added +127.2k +127,168
9 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 532,945532.9k $27.9m $27.9m 0.01% Added +472.7k +472,719
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 504,143504.1k $26.4m $26.4m 0.00% Added +371.9k +371,901
11 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 475,270475.3k $24.8m $24.8m 0.08% Added +193.3k +193,316
12 Financial Enhancement Group LLC 3.30% of their portfolio ANDERSON, IN 471,262471.3k $24.6m $24.6m 3.30% Added +2.5k +2,493
13 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 425,920425.9k $22.3m $22.3m 0.06% Added +36.8k +36,842
14 Marshall Financial Group, LLC 3.99% of their portfolio Hunt Valley, MD 391,682391.7k $20.5m $20.5m 3.99% New
15 Kensington Asset Management, LLC 1.20% of their portfolio AUSTIN, TX 383,352383.4k $20.0m $20.0m 1.20% Added +8.2k +8,237
16 Advisory Resource Group 3.59% of their portfolio Tulsa, OK 382,623382.6k $20.0m $20.0m 3.59% Added +118.7k +118,735
17 Flaharty Asset Management, LLC 2.50% of their portfolio CLEARWATER, FL 376,716376.7k $19.7m $19.7m 2.50% Added +12.1k +12,057
18 NOTTINGHAM ADVISORS, INC. 2.64% of their portfolio AMHERST, NY 363,298363.3k $19.0m $19.0m 2.64% Added +13.9k +13,939
19 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 339,311339.3k $17.7m $17.7m 0.00% New
20 Guardian Financial Partners, LLC 7.28% of their portfolio ORANGE, CA 329,985330.0k $17.2m $17.2m 7.28% Added +13.8k +13,834
21 Quaker Wealth Management, LLC 4.56% of their portfolio MOORESTOWN, NJ 267,995268.0k $14.0m $14.0m 4.56% Added +24.8k +24,761
22 State of New Jersey Common Pension Fund D 0.05% of their portfolio TRENTON, NJ 255,248255.2k $13.3m $13.3m 0.05% Reduced -200.0k -200,000
23 Greenwich Wealth Management LLC 0.65% of their portfolio GREENWICH, CT 250,811250.8k $13.1m $13.1m 0.65% Added +85.4k +85,403
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 244,593244.6k $12.8m $12.8m 0.00% Added +170.6k +170,586
25 EPIQ PARTNERS, LLC 5.58% of their portfolio MINNEAPOLIS, MN 225,953226.0k $11.8m $11.8m 5.58% Added +35.1k +35,146
26 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 216,626216.6k $11.3m $11.3m 0.07% Added +26.7k +26,687
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 215,624215.6k $11.3m $11.3m 0.00% New
28 HARBOUR INVESTMENTS, INC. 0.25% of their portfolio MADISON, WI 212,306212.3k $11.1m $11.1m 0.25% New
29 Crumly & Associates Inc. 2.39% of their portfolio SPRINGFIELD, IL 209,064209.1k $10.9m $10.9m 2.39% Added +13.8k +13,796
30 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 191,285191.3k $10.0m $10.0m 0.01% Added +74.1k +74,093
31 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 182,419182.4k $9.5m $9.5m 0.01% Added +34.0k +34,038
32 Brookstone Capital Management 0.11% of their portfolio WHEATON, IL 175,207175.2k $9.2m $9.2m 0.11% New
33 Buck Wealth Strategies, LLC 1.22% of their portfolio DENVER, CO 170,776170.8k $8.9m $8.9m 1.22% Added +7.0k +6,971
34 Pine Valley Investments Ltd Liability Co 0.46% of their portfolio MARLTON, NJ 167,997168.0k $8.8m $8.8m 0.46% Added +18.6k +18,582
35 Prasad Wealth Partners, LLC 2.38% of their portfolio INDEPENDENCE, OH 163,486163.5k $8.5m $8.5m 2.38% Added +23.4k +23,367
36 SEVEN MILE ADVISORY 1.30% of their portfolio TALLAHASSEE, FL 154,242154.2k $8.1m $8.1m 1.30% New
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 147,947147.9k $7.7m $7.7m 0.00% New
38 Apollon Wealth Management, LLC 0.13% of their portfolio MOUNT PLEASANT, SC 134,695134.7k $7.0m $7.0m 0.13% Added +27.1k +27,056
39 CHANNEL WEALTH LLC 1.88% of their portfolio SANTA BARBARA, CA 134,690134.7k $7.0m $7.0m 1.88% Added +67.5k +67,545
40 Hidden Cove Wealth Management, LLC 4.42% of their portfolio Bainbridge Island, WA 128,075128.1k $6.7m $6.7m 4.42% Added +15.9k +15,880
41 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 118,384118.4k $6.2m $6.2m 0.03% Added +110.8k +110,774
42 Cornerstone Wealth Group, LLC 0.42% of their portfolio HUNTERSVILLE, NC 117,977118.0k $6.2m $6.2m 0.42% Added +4.4k +4,428
43 Waterfront Wealth Inc. 1.25% of their portfolio OVERLAND PARK, KS 116,766116.8k $6.1m $6.1m 1.25% Added +7.9k +7,892
44 One Charles Private Wealth Services, LLC 1.55% of their portfolio HINGHAM, MA 113,161113.2k $5.9m $5.9m 1.55% Added +28.3k +28,316
45 Sage Advisory Services, Ltd.Co. 3.04% of their portfolio AUSTIN, TX 110,994111.0k $5.8m $5.8m 3.04% Added +67.0k +67,048
46 COURIER CAPITAL LLC 0.32% of their portfolio BUFFALO, NY 107,908107.9k $5.6m $5.6m 0.32% Added +8.9k +8,853
47 FLAGSHIP HARBOR ADVISORS, LLC 0.24% of their portfolio BOSTON, MA 105,637105.6k $5.5m $5.5m 0.24% New
48 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 104,629104.6k $5.5m $5.5m 0.03% Added +29.5k +29,526
49 Seneca House Advisors 2.04% of their portfolio RICHMOND, VA 96,76296.8k $5.1m $5.1m 2.04% Added +24.5k +24,493
50 CPC Advisors, LLC 0.53% of their portfolio Atlanta, GA 96,31296.3k $5.0m $5.0m 0.53% New
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 96,25996.3k $5.0m $5.0m 0.00% Added +95.3k +95,336
52 Auour Investments LLC 1.61% of their portfolio WOBURN, MA 94,57594.6k $4.9m $4.9m 1.61% New
53 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 94,54394.5k $4.9m $4.9m 0.00% Added +49.0k +48,987
54 Wealthcare Advisory Partners LLC 0.10% of their portfolio WEST CHESTER, PA 93,25993.3k $4.9m $4.9m 0.10% Added +37.3k +37,307
55 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 84,88784.9k $4.4m $4.4m 0.05% Added +3.7k +3,712
56 StoneCrest Wealth Management, Inc. 1.74% of their portfolio CHANDLER, AZ 75,81175.8k $4.0m $4.0m 1.74% Reduced -20.1k -20,074
57 Magnus Financial Group LLC 0.31% of their portfolio NEW YORK, NY 74,54474.5k $3.9m $3.9m 0.31% Added +14.3k +14,278
58 Elequin Capital, LP 0.32% of their portfolio NEW YORK, NY 70,82670.8k $3.7m $3.7m 0.32% New
59 Blue Edge Capital, LLC 0.50% of their portfolio RICHMOND, VA 67,27867.3k $3.5m $3.5m 0.50% Reduced -2.3k -2,254
60 Masso Torrence Wealth Management Inc. 1.39% of their portfolio MARLTON, NJ 64,06864.1k $3.3m $3.3m 1.39% Added +2.7k +2,655
61 Transamerica Financial Advisors, LLC 0.26% of their portfolio CEDAR RAPIDS, IA 60,73860.7k $3.2m $3.2m 0.26% Reduced -80 -80
62 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 60,06760.1k $3.1m $3.1m 0.00% New
63 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.60% of their portfolio LEAWOOD, KS 59,20159.2k $3.1m $3.1m 0.60% Added +17.5k +17,544
64 Castle Rock Wealth Management, LLC 0.65% of their portfolio WALNUT CREEK, CA 56,11056.1k $2.9m $2.9m 0.65% Added +6.2k +6,185
65 Merkkuri Wealth Advisors LLC 1.97% of their portfolio HICKSVILLE, NY 51,89051.9k $2.7m $2.7m 1.97% Added +4.9k +4,870
66 Gladstone Institutional Advisory LLC 0.10% of their portfolio Bedminster, NJ 50,56250.6k $2.6m $2.6m 0.10% Added +2.2k +2,199
67 Weaver Consulting Group 0.67% of their portfolio HUNTINGTON BEACH, CA 50,50350.5k $2.6m $2.6m 0.67% Added +34.0k +34,047
68 Capital Investment Advisory Services, LLC 0.20% of their portfolio RALEIGH, NC 49,35549.4k $2.6m $2.6m 0.20% Added +14.9k +14,865
69 HARBOR INVESTMENT ADVISORY, LLC 0.21% of their portfolio LUTHERVILLE, MD 48,15648.2k $2.5m $2.5m 0.21% Added +22.2k +22,169
70 WINEBRENNER CAPITAL MANAGEMENT LLC 1.71% of their portfolio LOUISVILLE, KY 45,40345.4k $2.4m $2.4m 1.71% New
71 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 42,73642.7k $2.2m $2.2m 0.01% Added +8.2k +8,165
72 1620 INVESTMENT ADVISORS, INC. 1.49% of their portfolio PLYMOUTH, MA 41,94541.9k $2.2m $2.2m 1.49% Added +4.5k +4,505
73 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 33,66333.7k $1.8m $1.8m 0.00% New
74 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 31,97132.0k $1.7m $1.7m 0.01% Reduced -2.4k -2,397
75 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 30,80930.8k $1.6m $1.6m 0.01% Added +5.6k +5,571
76 QTR Family Wealth, LLC 0.72% of their portfolio LAKE MARY, FL 29,11329.1k $1.5m $1.5m 0.72% Added +1.3k +1,323
77 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 28,79628.8k $1.5m $1.5m 0.05% New
78 Magnolia Private Wealth, LLC 1.03% of their portfolio PHILADELPHIA, PA 26,99227.0k $1.4m $1.4m 1.03% Reduced -2.8k -2,831
79 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 23,21723.2k $1.2m $1.2m 0.01% Added +4.7k +4,700
80 WESPAC Advisors, LLC 0.71% of their portfolio ORINDA, CA 23,12323.1k $1.2m $1.2m 0.71% Added +39 +39
81 Bulwark Capital Corp 0.91% of their portfolio FERNANDINA BEACH, FL 22,31022.3k $1.2m $1.2m 0.91% Added +2.9k +2,911
82 Bridgewealth Advisory Group, LLC 0.27% of their portfolio Fresno, CA 22,25322.3k $1.2m $1.2m 0.27% Added +8.7k +8,726
83 Sanchez Wealth Management Group 0.26% of their portfolio JACKSONVILLE, FL 21,98722.0k $1.1m $1.1m 0.26% New
84 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 21,23821.2k $1.1m $1.1m 0.00% Added +9.0k +9,008
85 Mariner, LLC 0.00% of their portfolio Overland Park, KS 19,13719.1k $1.0m $1.0m 0.00% Added +8.7k +8,678
86 BOS Asset Management, LLC 0.28% of their portfolio SPRINGFIELD, IL 19,02519.0k $994.4k $994.4k 0.28% New
87 Retirement Planning Group, LLC 0.03% of their portfolio LEAWOOD, KS 18,80018.8k $982.7k $982.7k 0.03% New
88 WCG Wealth Advisors LLC 0.06% of their portfolio LAS VEGAS, NV 17,89517.9k $935.4k $935.4k 0.06% New
89 Hilton Capital Management, LLC 0.07% of their portfolio Garden City, NY 17,65517.7k $922.8k $922.8k 0.07% Added +1.0k +1,020
90 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 16,73716.7k $874.8k $874.8k 0.02% Added +7.9k +7,896
91 LEAVELL INVESTMENT MANAGEMENT, INC. 0.04% of their portfolio MOBILE, AL 16,42116.4k $858.3k $858.3k 0.04% Added +2.9k +2,887
92 Comprehensive Financial Planning, Inc./PA 0.56% of their portfolio EAST PETERSBURG, PA 15,74115.7k $822.8k $822.8k 0.56% Added +1.3k +1,329
93 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 14,67514.7k $767.1k $767.1k 0.00% New
94 Northside Capital Management, LLC 0.07% of their portfolio Hood River, OR 14,00014.0k $731.8k $731.8k 0.07% Unchanged
95 MMA ASSET MANAGEMENT LLC 0.23% of their portfolio New York, NY 12,96413.0k $677.6k $677.6k 0.23% Reduced -10.7k -10,695
96 Community Bank, N.A. 0.08% of their portfolio DeWitt, NY 12,14012.1k $634.5k $634.5k 0.08% Reduced -703 -703
97 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 11,97012.0k $625.7k $625.7k 0.01% Added +1.2k +1,186
98 Core Wealth Partners LLC 0.26% of their portfolio SANTA ROSA, CA 10,67610.7k $558.0k $558.0k 0.26% New
99 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 10,54710.5k $551.3k $551.3k 0.00% Added +4.0k +3,984
100 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 10,32410.3k $540.0k $540.0k 0.02% New