Vault-13

JANUS DETROIT STR TR JBBB

B-BBB CLO ETF · ETP · CUSIP 47103U753

178 institutional holders -24 vs Q1 2025
14,436,81714.4m shares reported held*
$696.2mreported value*
29 new 63 added 68 reduced 53 sold out net sold ≈ $447.8m (-9.3m 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 ($73.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.23. Options: 1 managers hold calls ($4.1m notional), 4 hold puts ($4.7m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 13Q4 22: 12Q1 23: 15Q2 23: 15Q3 23: 27Q4 23: 30Q1 24: 60Q2 24: 119Q3 24: 139Q4 24: 177Q1 25: 202Q2 25: 178178Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202213
Q4 202212
Q1 202315
Q2 202315
Q3 202327
Q4 202330
Q1 202460
Q2 2024119
Q3 2024139
Q4 2024177
Q1 2025202
Q2 2025178

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 21 bought or addedQ3 23: 7 cut or sold outQ4 23: 18 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 50 bought or addedQ1 24: 10 cut or sold outQ2 24: 102 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 90 bought or addedQ3 24: 60 cut or sold outQ4 24: 125 bought or addedQ4 24: 46 cut or sold outQ4 24Q1 25: 139 bought or addedQ1 25: 74 cut or sold outQ2 25: 92 bought or addedQ2 25: 121 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023217
Q4 20231813
Q1 20245010
Q2 202410215
Q3 20249060
Q4 202412546
Q1 202513974
Q2 202592121

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 24 calls: $298.6kQ3 24 puts: $225.2kQ3 24P/C 0.75Q4 24 calls: $560.4kQ4 24 puts: $221.2kQ4 24P/C 0.39Q1 25 calls: $7.7mQ1 25 puts: $624.9kQ1 25P/C 0.08Q2 25 calls: $4.1mQ2 25 puts: $4.7mQ2 25P/C 1.15
Numbers
QuarterCallsPutsP/C
Q3 2024$298.6k$225.2k0.75
Q4 2024$560.4k$221.2k0.39
Q1 2025$7.7m$624.9k0.08
Q2 2025$4.1m$4.7m1.15

Biggest buyers

JANE STREET GROUP, LLC Added +440,447+440.4k
Invesco Ltd. New +420,414+420.4k
GOLDMAN SACHS GROUP INC New +361,675+361.7k
SSI INVESTMENT MANAGEMENT LLC New +163,931+163.9k
Keeler Thomas Management LLC New +113,886+113.9k
Bank of New York Mellon Corp Added +83,600+83.6k
Pallas Capital Advisors LLC Added +75,240+75.2k
Central Pacific Bank - Trust Division New +72,775+72.8k
Verition Fund Management LLC New +70,463+70.5k
Sanctuary Advisors, LLC Added +62,819+62.8k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,040,108-3.0m
Richard Bernstein Advisors LLC Sold out -1,333,544-1.3m
MORGAN STANLEY Reduced -1,213,368-1.2m
Bienville Capital Management, LLC Sold out -843,850-843.9k
Pathstone Holdings, LLC Reduced -686,664-686.7k
JANUS HENDERSON GROUP PLC Sold out -623,666-623.7k
Hilton Capital Management, LLC Sold out -446,713-446.7k
UBS Group AG Reduced -331,308-331.3k
State of New Jersey Common Pension Fund D Reduced -300,000-300.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -269,333-269.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $4.1m84.9k shares

Biggest puts

BlackRock, Inc. New $2.4m50.0k shares
CITADEL ADVISORS LLC Added $1.5m31.1k shares
QVT Financial LP New $805.1k16.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,262,9461.3m $60.9m $60.9m 0.02% Added +33.5k +33,528
2 CacheTech Inc. 9.56% of their portfolio LOGAN, UT 1,077,6591.1m $52.0m $52.0m 9.56% Reduced -52.0k -51,972
3 Adams Wealth Management 9.64% of their portfolio LOGAN, UT 1,050,5291.1m $50.6m $50.6m 9.64% Reduced -73.0k -72,950
4 Pathstone Holdings, LLC 0.11% of their portfolio ENGLEWOOD, NJ 587,728587.7k $28.3m $28.3m 0.11% Reduced -686.7k -686,664
5 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 531,456531.5k $25.6m $25.6m 0.04% Added +440.4k +440,447
6 Ocean Park Asset Management, LLC 0.83% of their portfolio SANTA MONICA, CA 481,100481.1k $23.4m $23.4m 0.83% Unchanged
7 State of New Jersey Common Pension Fund D 0.09% of their portfolio TRENTON, NJ 456,867456.9k $22.0m $22.0m 0.09% Reduced -300.0k -300,000
8 Marshall Financial Group, LLC 3.99% of their portfolio Hunt Valley, MD 421,268421.3k $20.3m $20.3m 3.99% Added +15.0k +15,010
9 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 420,414420.4k $20.3m $20.3m 0.00% New
10 Pallas Capital Advisors LLC 0.76% of their portfolio BRAINTREE, MA 413,939413.9k $20.0m $20.0m 0.76% Added +75.2k +75,240
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 362,635362.6k $17.5m $17.5m 0.00% Reduced -331.3k -331,308
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 361,675361.7k $17.4m $17.4m 0.00% New
13 EVERGREEN CAPITAL MANAGEMENT LLC 0.48% of their portfolio Bellevue, WA 333,291333.3k $16.1m $16.1m 0.48% Reduced -15.2k -15,239
14 Ethos Financial Group, LLC 1.13% of their portfolio KING OF PRUSSIA, PA 273,431273.4k $13.2m $13.2m 1.13% Added +33.4k +33,443
15 Destiny Wealth Partners, LLC 1.66% of their portfolio TAVARES, FL 256,094256.1k $12.3m $12.3m 1.66% Added +12.6k +12,600
16 TT Capital Management LLC 9.57% of their portfolio Gilbert, AZ 244,723244.7k $11.8m $11.8m 9.57% Added +21.4k +21,362
17 WT Wealth Management 3.37% of their portfolio SCOTTSDALE, AZ 235,978236.0k $11.4m $11.4m 3.37% Reduced -5.6k -5,627
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 224,840224.8k $10.8m $10.8m 0.02% Added +29.0k +29,021
19 EPIQ PARTNERS, LLC 5.08% of their portfolio MINNEAPOLIS, MN 206,660206.7k $10.0m $10.0m 5.08% Added +12.8k +12,850
20 Border to Coast Pensions Partnership Ltd 0.18% of their portfolio LEEDS, X0 200,000200.0k $9.6m $9.6m 0.18% Added +25.0k +25,000
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 196,732196.7k $9.5m $9.5m 0.00% Reduced -269.3k -269,333
22 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 185,422185.4k $8.9m $8.9m 0.02% Reduced -3.5k -3,479
23 Talon Private Wealth, LLC 1.14% of their portfolio THE VILLAGES, FL 171,331171.3k $8.3m $8.3m 1.14% Reduced -32.0k -31,963
24 Brookstone Capital Management 0.11% of their portfolio WHEATON, IL 167,050167.1k $8.1m $8.1m 0.11% Reduced -26.5k -26,492
25 SSI INVESTMENT MANAGEMENT LLC 0.56% of their portfolio Los Angeles, CA 163,931163.9k $7.9m $7.9m 0.56% New
26 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 148,035148.0k $7.1m $7.1m 0.03% Added +232 +232
27 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 142,194142.2k $6.9m $6.9m 0.04% Added +62.8k +62,819
28 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 138,756138.8k $6.7m $6.7m 0.01% Reduced -137.8k -137,778
29 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 131,634131.6k $6.3m $6.3m 0.01% Added +60.1k +60,062
30 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 125,120125.1k $6.0m $6.0m 0.04% Added +17.4k +17,440
31 Keeler Thomas Management LLC 2.36% of their portfolio Orem, UT 113,886113.9k $5.5m $5.5m 2.36% New
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 112,337112.3k $5.4m $5.4m 0.00% Added +83.6k +83,600
33 FLAGSHIP HARBOR ADVISORS, LLC 0.24% of their portfolio BOSTON, MA 106,338106.3k $5.1m $5.1m 0.24% Reduced -88.1k -88,136
34 Geneos Wealth Management Inc. 0.12% of their portfolio ENGLEWOOD, CO 105,024105.0k $5.1m $5.1m 0.12% Reduced -6.0k -6,007
35 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 101,749101.7k $4.9m $4.9m 0.08% Reduced -15.1k -15,084
36 Anfield Capital Management, LLC 1.58% of their portfolio IRVINE, CA 99,31499.3k $4.8m $4.8m 1.58% Reduced -757 -757
37 Paragon Advisors, LLC 1.20% of their portfolio COLLEGE STATION, TX 94,96995.0k $4.6m $4.6m 1.20% Reduced -46.7k -46,729
38 Nilsine Partners, LLC 0.44% of their portfolio GREENWOOD VILLAGE, CO 90,83990.8k $4.4m $4.4m 0.44% Added +3.7k +3,664
39 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 86,38186.4k $4.2m $4.2m 0.01% Reduced -44.7k -44,679
40 Sowell Financial Services LLC 0.16% of their portfolio NORTH LITTLE ROCK, AR 84,00084.0k $4.0m $4.0m 0.16% Reduced -80.4k -80,394
41 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.84% of their portfolio LEAWOOD, KS 77,98878.0k $3.8m $3.8m 0.84% Added +22.1k +22,088
42 Central Pacific Bank - Trust Division 0.45% of their portfolio HONOLULU, HI 72,77572.8k $3.5m $3.5m 0.45% New
43 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 70,46370.5k $3.4m $3.4m 0.02% New
44 Hidden Cove Wealth Management, LLC 2.46% of their portfolio Bainbridge Island, WA 70,45770.5k $3.4m $3.4m 2.46% Added +58.3k +58,257
45 AdvisorNet Financial, Inc 0.21% of their portfolio MINNETONKA, MN 67,99968.0k $3.3m $3.3m 0.21% Added +18.9k +18,885
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 63,44863.4k $3.1m $3.1m 0.00% Added +42.3k +42,255
47 WESPAC Advisors SoCal, LLC 0.66% of their portfolio Pasadena, CA 61,66961.7k $3.0m $3.0m 0.66% Reduced -65.2k -65,235
48 MGO ONE SEVEN LLC 0.09% of their portfolio Beachwood, OH 59,40259.4k $2.9m $2.9m 0.09% Added +2.8k +2,777
49 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 58,98959.0k $2.8m $2.8m 0.01% Reduced -13.1k -13,094
50 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 56,04456.0k $2.7m $2.7m 0.04% Added +3.4k +3,412
51 MBL Wealth, LLC 0.25% of their portfolio CHARLOTTE, NC 53,88053.9k $2.6m $2.6m 0.25% Reduced -17.9k -17,860
52 Tower Research Capital LLC (TRC) 0.07% of their portfolio NEW YORK, NY 52,89452.9k $2.6m $2.6m 0.07% Added +52.5k +52,534
53 QTR Family Wealth, LLC 1.56% of their portfolio LAKE MARY, FL 52,38452.4k $2.5m $2.5m 1.56% Added +4.5k +4,503
54 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 50,30650.3k $2.4m $2.4m 0.03% Reduced -5.1k -5,110
55 Cooper Financial Group 0.28% of their portfolio IRVINE, CA 49,75249.8k $2.4m $2.4m 0.28% Added +3.9k +3,907
56 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 48,51948.5k $2.3m $2.3m 0.01% Added +27.9k +27,854
57 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 47,45947.5k $2.3m $2.3m 0.01% Reduced -14.9k -14,904
58 Gibbs Wealth Management 0.41% of their portfolio Alpharetta, GA 44,18444.2k $2.1m $2.1m 0.41% Added +1.9k +1,950
59 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 42,70942.7k $2.1m $2.1m 0.01% New
60 Fortis Group Advisors, LLC 0.38% of their portfolio WESTWOOD, NJ 42,65942.7k $2.1m $2.1m 0.38% Added +38.3k +38,301
61 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 40,18740.2k $1.9m $1.9m 0.00% Reduced -11.9k -11,935
62 Auour Investments LLC 0.67% of their portfolio WOBURN, MA 40,16440.2k $1.9m $1.9m 0.67% Added +285 +285
63 AXS Investments LLC 0.74% of their portfolio PORT CHESTER, NY 37,41737.4k $1.8m $1.8m 0.74% New
64 J. Safra Sarasin Holding AG 0.03% of their portfolio BASEL, V8 35,00035.0k $1.7m $1.7m 0.03% Unchanged
65 Almanack Investment Partners, LLC. 0.26% of their portfolio WAYNE, PA 34,41234.4k $1.7m $1.7m 0.26% Reduced -19.5k -19,518
66 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 32,90432.9k $1.6m $1.6m 0.00% Reduced -17.3k -17,275
67 waypoint wealth counsel 0.76% of their portfolio ATLANTA, GA 31,69031.7k $1.5m $1.5m 0.76% Reduced -34.8k -34,775
68 Kathmere Capital Management, LLC 0.12% of their portfolio WAYNE, PA 31,65731.7k $1.5m $1.5m 0.12% Added +1.7k +1,674
69 Total Clarity Wealth Management, Inc. 0.43% of their portfolio ST. CHARLES, IL 31,18231.2k $1.5m $1.5m 0.43% New
70 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 29,23829.2k $1.4m $1.4m 0.03% Added +105 +105
71 Fortis Capital Management LLC 0.21% of their portfolio BELLEVUE, WA 27,90027.9k $1.3m $1.3m 0.21% New
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 27,69227.7k $1.3m $1.3m 0.00% Reduced -36.6k -36,608
73 ATWOOD & PALMER INC 0.07% of their portfolio KANSAS CITY, MO 24,36024.4k $1.2m $1.2m 0.07% Reduced -269.1k -269,074
74 3EDGE Asset Management, LP 0.07% of their portfolio Naples, FL 23,95624.0k $1.2m $1.2m 0.07% Reduced -53.1k -53,066
75 Diversify Advisory Services, LLC 0.04% of their portfolio SANDY, UT 23,95124.0k $1.2m $1.2m 0.04% Reduced -1.2k -1,165
76 Sebold Capital Management, Inc. 0.68% of their portfolio LISLE, IL 22,86022.9k $1.1m $1.1m 0.68% Added +3.0k +2,961
77 PFG Advisors 0.05% of their portfolio Phoenix, AZ 22,79022.8k $1.1m $1.1m 0.05% Added +4.6k +4,596
78 Magnus Financial Group LLC 0.09% of their portfolio NEW YORK, NY 22,16322.2k $1.1m $1.1m 0.09% Reduced -6.0k -6,001
79 4WEALTH ADVISORS, INC. 1.08% of their portfolio Burr Ridge, IL 21,60521.6k $1.0m $1.0m 1.08% Added +1.8k +1,824
80 Aptus Capital Advisors, LLC 0.01% of their portfolio FAIRHOPE, AL 21,45521.5k $1.0m $1.0m 0.01% Added +4.3k +4,297
81 FIRETHORN WEALTH PARTNERS, LLC 0.42% of their portfolio AUGUSTA, GA 20,10120.1k $969.1k $969.1k 0.42% Added +9.4k +9,413
82 Sage Mountain Advisors LLC 0.06% of their portfolio ATLANTA, GA 19,37819.4k $934.2k $934.2k 0.06% Reduced -29.7k -29,714
83 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 18,77218.8k $905.1k $905.1k 0.03% Added +17.8k +17,772
84 TOWNSQUARE CAPITAL LLC 0.09% of their portfolio Lehi, UT 18,51218.5k $892.5k $892.5k 0.09% Reduced -117.0k -117,036
85 Denver PWM, LLC 0.27% of their portfolio DENVER, CO 18,02318.0k $868.9k $868.9k 0.27% Added +3.0k +3,000
86 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,26317.3k $832.3k $832.3k 0.00% Reduced -12 -12
87 Portside Wealth Group, LLC 0.12% of their portfolio Provo, UT 17,02617.0k $820.8k $820.8k 0.12% Added +3.0k +3,001
88 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 16,82016.8k $810.9k $810.9k 0.01% Added +2.9k +2,900
89 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 16,32016.3k $786.8k $786.8k 0.02% Added +1.9k +1,931
90 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 16,31216.3k $786.0k $786.0k 0.03% Added +8.3k +8,256
91 LifeGoal Investments, LLC 0.74% of their portfolio SARATOGA SPRINGS, NY 16,17816.2k $779.9k $779.9k 0.74% Reduced -42.9k -42,858
92 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 16,05216.1k $773.9k $773.9k 0.00% Reduced -82 -82
93 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 15,73815.7k $758.7k $758.7k 0.00% Reduced -57 -57
94 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 15,11015.1k $728.5k $728.5k 0.02% New
95 KINGSWOOD WEALTH ADVISORS, LLC 0.06% of their portfolio SAN DIEGO, CA 15,03715.0k $724.9k $724.9k 0.06% Added +4.6k +4,551
96 Medallion Wealth Advisors, LLC 0.28% of their portfolio FARMINGTON, CT 14,89914.9k $717.8k $717.8k 0.28% Added +1.2k +1,160
97 Impact Partnership Wealth, LLC 0.13% of their portfolio MARIETTA, GA 14,19814.2k $684.5k $684.5k 0.13% New
98 INSPIRION WEALTH ADVISORS, LLC 0.09% of their portfolio LIBERTYVILLE, IL 14,16414.2k $682.8k $682.8k 0.09% Added +9.1k +9,054
99 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 14,12514.1k $681.0k $681.0k 0.04% Reduced -296 -296
100 Able Wealth Management LLC 0.34% of their portfolio Toms River, NJ 14,07914.1k $678.8k $678.8k 0.34% Reduced -4.3k -4,311