Vault-13

JANUS DETROIT STR TR JBBB

B-BBB CLO ETF · ETP · CUSIP 47103U753

190 institutional holders +12 vs Q2 2025
15,770,24715.8m shares reported held*
$759.6mreported value*
38 new 95 added 40 reduced 22 sold out net bought ≈ $74.0m (+1.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $48.17. Options: 2 managers hold calls ($4.6m notional), 4 hold puts ($8.3m).

Trends to Q3 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: 178Q3 25: 190190Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025190

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 18 bought or addedQ4 23: 13 cut or sold outQ1 24: 50 bought or addedQ1 24: 10 cut or sold outQ1 24Q2 24: 102 bought or addedQ2 24: 15 cut or sold outQ3 24: 90 bought or addedQ3 24: 60 cut or sold outQ3 24Q4 24: 125 bought or addedQ4 24: 46 cut or sold outQ1 25: 139 bought or addedQ1 25: 74 cut or sold outQ1 25Q2 25: 92 bought or addedQ2 25: 121 cut or sold outQ3 25: 133 bought or addedQ3 25: 62 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20231813
Q1 20245010
Q2 202410215
Q3 20249060
Q4 202412546
Q1 202513974
Q2 202592121
Q3 202513362

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ4 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 1.15Q3 25 calls: $4.6mQ3 25 puts: $8.3mQ3 25P/C 1.80
Numbers
QuarterCallsPutsP/C
Q4 2024$560.4k$221.2k0.39
Q1 2025$7.7m$624.9k0.08
Q2 2025$4.1m$4.7m1.15
Q3 2025$4.6m$8.3m1.80

Biggest buyers

Corebridge Financial, Inc. New +1,125,175+1.1m
JANUS HENDERSON GROUP PLC New +828,480+828.5k
Tower Research Capital LLC (TRC) Added +311,817+311.8k
INDEPENDENT FINANCIAL GROUP, LLC Added +258,260+258.3k
GOLDMAN SACHS GROUP INC Added +245,949+245.9k
JPMORGAN CHASE & CO Added +202,609+202.6k
MORGAN STANLEY Added +185,823+185.8k
AMERIPRISE FINANCIAL INC Added +170,848+170.8k
Summit Financial, LLC New +161,968+162.0k
Sanctuary Advisors, LLC Added +121,932+121.9k

Biggest sellers

Ocean Park Asset Management, LLC Sold out -481,100-481.1k
State of New Jersey Common Pension Fund D Sold out -456,867-456.9k
Marshall Financial Group, LLC Reduced -412,154-412.2k
CacheTech Inc. Reduced -399,573-399.6k
Adams Wealth Management Reduced -397,688-397.7k
EVERGREEN CAPITAL MANAGEMENT LLC Reduced -327,135-327.1k
JANE STREET GROUP, LLC Reduced -252,714-252.7k
Brookstone Capital Management Reduced -154,508-154.5k
LPL Financial LLC Reduced -149,560-149.6k
FLAGSHIP HARBOR ADVISORS, LLC Sold out -106,338-106.3k

Biggest calls

CITADEL ADVISORS LLC Added $4.3m89.8k shares
WOLVERINE TRADING, LLC New $289.1k6.0k shares

Biggest puts

BlackRock, Inc. Added $6.0m125.0k shares
CITADEL ADVISORS LLC Reduced $1.2m25.6k shares
WOLVERINE TRADING, LLC New $1.0m20.9k shares
GROUP ONE TRADING LLC New $48.2k1.0k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Corebridge Financial, Inc. 2.92% of their portfolio HOUSTON, TX 1,125,1751.1m $54.2m $54.2m 2.92% New
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,113,3861.1m $53.6m $53.6m 0.02% Reduced -149.6k -149,560
3 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 828,480828.5k $39.9m $39.9m 0.02% New
4 CacheTech Inc. 6.59% of their portfolio LOGAN, UT 678,086678.1k $32.7m $32.7m 6.59% Reduced -399.6k -399,573
5 Adams Wealth Management 6.74% of their portfolio LOGAN, UT 652,841652.8k $31.4m $31.4m 6.74% Reduced -397.7k -397,688
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 607,624607.6k $29.3m $29.3m 0.00% Added +245.9k +245,949
7 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 556,280556.3k $26.8m $26.8m 0.10% Reduced -31.4k -31,448
8 Pallas Capital Advisors LLC 0.77% of their portfolio BRAINTREE, MA 435,851435.9k $21.0m $21.0m 0.77% Added +21.9k +21,912
9 Tower Research Capital LLC (TRC) 0.48% of their portfolio NEW YORK, NY 364,711364.7k $17.6m $17.6m 0.48% Added +311.8k +311,817
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 363,036363.0k $17.5m $17.5m 0.00% Added +401 +401
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 362,640362.6k $17.5m $17.5m 0.00% Reduced -57.8k -57,774
12 TT Capital Management LLC 10.58% of their portfolio Gilbert, AZ 287,455287.5k $13.8m $13.8m 10.58% Added +42.7k +42,732
13 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 278,742278.7k $13.4m $13.4m 0.02% Reduced -252.7k -252,714
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 276,349276.3k $13.3m $13.3m 0.02% Added +51.5k +51,509
15 Destiny Wealth Partners, LLC 1.63% of their portfolio TAVARES, FL 275,984276.0k $13.3m $13.3m 1.63% Added +19.9k +19,890
16 Ethos Financial Group, LLC 1.03% of their portfolio KING OF PRUSSIA, PA 273,023273.0k $13.2m $13.2m 1.03% Reduced -408 -408
17 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 264,126264.1k $12.8m $12.8m 0.04% Added +121.9k +121,932
18 INDEPENDENT FINANCIAL GROUP, LLC 0.30% of their portfolio SAN DIEGO, CA 263,240263.2k $12.7m $12.7m 0.30% Added +258.3k +258,260
19 EPIQ PARTNERS, LLC 5.58% of their portfolio MINNEAPOLIS, MN 245,278245.3k $11.8m $11.8m 5.58% Added +38.6k +38,618
20 WT Wealth Management 3.22% of their portfolio SCOTTSDALE, AZ 232,223232.2k $11.2m $11.2m 3.22% Reduced -3.8k -3,755
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 211,565211.6k $10.2m $10.2m 0.00% Added +14.8k +14,833
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 206,636206.6k $10.0m $10.0m 0.00% Added +202.6k +202,609
23 Border to Coast Pensions Partnership Ltd 0.17% of their portfolio LEEDS, X0 200,000200.0k $9.6m $9.6m 0.17% Unchanged
24 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 190,665190.7k $9.2m $9.2m 0.01% Added +5.2k +5,243
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 187,986188.0k $9.1m $9.1m 0.00% Added +185.8k +185,823
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 186,900186.9k $9.0m $9.0m 0.00% Added +170.8k +170,848
27 SSI INVESTMENT MANAGEMENT LLC 0.54% of their portfolio Los Angeles, CA 165,723165.7k $8.0m $8.0m 0.54% Added +1.8k +1,792
28 Summit Financial, LLC 0.12% of their portfolio PARSIPPANY, NJ 161,968162.0k $7.8m $7.8m 0.12% New
29 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 145,445145.4k $7.0m $7.0m 0.04% Added +20.3k +20,325
30 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 143,200143.2k $6.9m $6.9m 0.01% Added +4.4k +4,444
31 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 141,066141.1k $6.8m $6.8m 0.03% Reduced -7.0k -6,969
32 Nilsine Partners, LLC 0.58% of their portfolio GREENWOOD VILLAGE, CO 134,943134.9k $6.5m $6.5m 0.58% Added +44.1k +44,104
33 Geneos Wealth Management Inc. 0.16% of their portfolio ENGLEWOOD, CO 127,186127.2k $6.1m $6.1m 0.16% Added +22.2k +22,162
34 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 120,104120.1k $5.8m $5.8m 0.02% New
35 Keeler Thomas Management LLC 2.29% of their portfolio Orem, UT 116,663116.7k $5.6m $5.6m 2.29% Added +2.8k +2,777
36 OLD MISSION CAPITAL LLC 0.19% of their portfolio CHICAGO, IL 110,039110.0k $5.3m $5.3m 0.19% Added +94.9k +94,929
37 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 107,786107.8k $5.2m $5.2m 0.08% Added +6.0k +6,037
38 CV Advisors LLC 1.36% of their portfolio Aventura, FL 102,629102.6k $4.9m $4.9m 1.36% New
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $4.8m $4.8m 0.00% New
40 HUB Investment Partners, LLC 0.17% of their portfolio AUSTIN, TX 98,40698.4k $4.7m $4.7m 0.17% New
41 AdvisorNet Financial, Inc 0.26% of their portfolio MINNETONKA, MN 96,91896.9k $4.7m $4.7m 0.26% Added +28.9k +28,919
42 Anfield Capital Management, LLC 1.35% of their portfolio IRVINE, CA 95,05495.1k $4.6m $4.6m 1.35% Reduced -4.3k -4,260
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 93,22693.2k $4.5m $4.5m 0.00% Reduced -19.1k -19,111
44 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 91,05191.1k $4.4m $4.4m 0.01% Added +4.7k +4,670
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 90,31690.3k $4.4m $4.4m 0.00% Added +26.9k +26,868
46 Sowell Financial Services LLC 0.16% of their portfolio NORTH LITTLE ROCK, AR 87,71687.7k $4.2m $4.2m 0.16% Added +3.7k +3,716
47 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.81% of their portfolio LEAWOOD, KS 86,24486.2k $4.2m $4.2m 0.81% Added +8.3k +8,256
48 Continuum Advisory, LLC 0.44% of their portfolio EAGLE, ID 85,64285.6k $4.1m $4.1m 0.44% New
49 MGO ONE SEVEN LLC 0.09% of their portfolio Beachwood, OH 85,12985.1k $4.1m $4.1m 0.09% Added +25.7k +25,727
50 Paragon Advisors, LLC 1.05% of their portfolio COLLEGE STATION, TX 83,97884.0k $4.0m $4.0m 1.05% Reduced -11.0k -10,991
51 Hidden Cove Wealth Management, LLC 2.60% of their portfolio Bainbridge Island, WA 81,72581.7k $3.9m $3.9m 2.60% Added +11.3k +11,268
52 Fortis Group Advisors, LLC 0.63% of their portfolio WESTWOOD, NJ 75,75275.8k $3.7m $3.7m 0.63% Added +33.1k +33,093
53 Central Pacific Bank - Trust Division 0.44% of their portfolio HONOLULU, HI 75,21575.2k $3.6m $3.6m 0.44% Added +2.4k +2,440
54 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 73,88873.9k $3.6m $3.6m 0.00% New
55 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 68,55068.5k $3.3m $3.3m 0.01% Added +20.0k +20,031
56 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 64,26464.3k $3.1m $3.1m 0.01% Reduced -67.4k -67,370
57 Kathmere Capital Management, LLC 0.22% of their portfolio WAYNE, PA 63,35763.4k $3.1m $3.1m 0.22% Added +31.7k +31,700
58 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 61,61561.6k $3.0m $3.0m 0.04% Added +5.6k +5,571
59 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 60,41660.4k $2.9m $2.9m 0.01% Added +1.4k +1,427
60 MBL Wealth, LLC 0.24% of their portfolio CHARLOTTE, NC 57,14557.1k $2.8m $2.8m 0.24% Added +3.3k +3,265
61 QTR Family Wealth, LLC 1.22% of their portfolio LAKE MARY, FL 53,36353.4k $2.6m $2.6m 1.22% Added +979 +979
62 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 51,28251.3k $2.5m $2.5m 0.03% Added +976 +976
63 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 45,47645.5k $2.2m $2.2m 0.01% Added +2.8k +2,767
64 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 44,95545.0k $2.2m $2.2m 0.01% Reduced -2.5k -2,504
65 Total Clarity Wealth Management, Inc. 0.56% of their portfolio ST. CHARLES, IL 43,40543.4k $2.1m $2.1m 0.56% Added +12.2k +12,223
66 Auour Investments LLC 0.62% of their portfolio WOBURN, MA 39,69339.7k $1.9m $1.9m 0.62% Reduced -471 -471
67 Cooper Financial Group 0.21% of their portfolio IRVINE, CA 39,67839.7k $1.9m $1.9m 0.21% Reduced -10.1k -10,074
68 Gibbs Wealth Management 0.40% of their portfolio Alpharetta, GA 36,28636.3k $1.7m $1.7m 0.40% Reduced -7.9k -7,898
69 FIRETHORN WEALTH PARTNERS, LLC 0.68% of their portfolio AUGUSTA, GA 35,93135.9k $1.7m $1.7m 0.68% Added +15.8k +15,830
70 Fortis Capital Management LLC 0.24% of their portfolio BELLEVUE, WA 35,02635.0k $1.7m $1.7m 0.24% Added +7.1k +7,126
71 J. Safra Sarasin Holding AG 0.03% of their portfolio BASEL, V8 35,00035.0k $1.7m $1.7m 0.03% Unchanged
72 AXS Investments LLC 0.50% of their portfolio PORT CHESTER, NY 32,79732.8k $1.6m $1.6m 0.50% Reduced -4.6k -4,620
73 waypoint wealth counsel 0.62% of their portfolio ATLANTA, GA 32,61032.6k $1.6m $1.6m 0.62% Added +920 +920
74 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 31,81731.8k $1.5m $1.5m 0.01% New
75 Impact Partnership Wealth, LLC 0.22% of their portfolio MARIETTA, GA 31,28831.3k $1.5m $1.5m 0.22% Added +17.1k +17,090
76 Almanack Investment Partners, LLC. 0.22% of their portfolio WAYNE, PA 29,71529.7k $1.4m $1.4m 0.22% Reduced -4.7k -4,697
77 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 29,42529.4k $1.4m $1.4m 0.03% Added +187 +187
78 Magnus Financial Group LLC 0.11% of their portfolio NEW YORK, NY 28,41028.4k $1.4m $1.4m 0.11% Added +6.2k +6,247
79 PFG Advisors 0.05% of their portfolio Phoenix, AZ 26,35526.4k $1.3m $1.3m 0.05% Added +3.6k +3,565
80 Delphi Financial Group, Inc. 0.68% of their portfolio Wilmington, DE 25,00025.0k $1.2m $1.2m 0.68% New
81 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 24,41424.4k $1.2m $1.2m 0.01% Added +7.6k +7,594
82 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 24,34324.3k $1.2m $1.2m 0.00% Reduced -15.8k -15,844
83 Diversify Advisory Services, LLC 0.04% of their portfolio SANDY, UT 24,03724.0k $1.2m $1.2m 0.04% Added +86 +86
84 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 23,60923.6k $1.1m $1.1m 0.00% Reduced -9.3k -9,295
85 L2 Asset Management, LLC 0.16% of their portfolio Wayland, MA 22,92522.9k $1.1m $1.1m 0.16% Added +10.9k +10,942
86 4WEALTH ADVISORS, INC. 1.00% of their portfolio Burr Ridge, IL 22,48022.5k $1.1m $1.1m 1.00% Added +875 +875
87 Q3 Asset Management 0.35% of their portfolio BIRMINGHAM, MI 21,37921.4k $1.0m $1.0m 0.35% New
88 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 20,26920.3k $976.4k $976.4k 0.01% Reduced -50.2k -50,194
89 Aptus Capital Advisors, LLC 0.01% of their portfolio FAIRHOPE, AL 19,82519.8k $955.0k $955.0k 0.01% Reduced -1.6k -1,630
90 ATWOOD & PALMER INC 0.06% of their portfolio KANSAS CITY, MO 19,58519.6k $943.4k $943.4k 0.06% Reduced -4.8k -4,775
91 Ameritas Advisory Services, LLC 0.06% of their portfolio Lincoln, NE 19,50719.5k $939.7k $939.7k 0.06% Added +13.2k +13,207
92 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 19,29319.3k $929.3k $929.3k 0.00% Added +2.0k +2,030
93 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 19,07619.1k $918.9k $918.9k 0.02% Added +304 +304
94 Portside Wealth Group, LLC 0.13% of their portfolio Provo, UT 18,96619.0k $913.6k $913.6k 0.13% Added +1.9k +1,940
95 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 18,83418.8k $907.0k $907.0k 0.04% Added +2.5k +2,522
96 KG Capital Management 0.24% of their portfolio ST. FRANCISVILLE, LA 18,24618.2k $878.9k $878.9k 0.24% Added +9.5k +9,509
97 Sage Mountain Advisors LLC 0.05% of their portfolio ATLANTA, GA 18,21718.2k $877.5k $877.5k 0.05% Reduced -1.2k -1,161
98 Denver PWM, LLC 0.27% of their portfolio DENVER, CO 18,02318.0k $868.9k $868.9k 0.27% Unchanged
99 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 17,46617.5k $841.3k $841.3k 0.00% Added +7.5k +7,452
100 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 17,43117.4k $839.7k $839.7k 0.02% Added +1.1k +1,111