Vault-13

JANUS DETROIT STR TR JBBB

B-BBB CLO ETF · ETP · CUSIP 47103U753

183 institutional holders -7 vs Q3 2025
10,552,95010.6m shares reported held*
$503.5mreported value*
16 new 67 added 75 reduced 30 sold out net sold ≈ $258.4m (-5.4m 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 ≈ $47.71. Options: 1 managers hold calls ($677.3k notional), 2 hold puts ($3.5m).

Trends to Q4 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: 190Q4 25: 183183Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025183

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 133 bought or addedQ3 25: 62 cut or sold outQ4 25: 83 bought or addedQ4 25: 105 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245010
Q2 202410215
Q3 20249060
Q4 202412546
Q1 202513974
Q2 202592121
Q3 202513362
Q4 202583105

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 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 1.80Q4 25 calls: $677.3kQ4 25 puts: $3.5mQ4 25P/C 5.14
Numbers
QuarterCallsPutsP/C
Q1 2025$7.7m$624.9k0.08
Q2 2025$4.1m$4.7m1.15
Q3 2025$4.6m$8.3m1.80
Q4 2025$677.3k$3.5m5.14

Biggest buyers

JPMORGAN CHASE & CO Added +203,920+203.9k
JANE STREET GROUP, LLC Added +184,246+184.2k
BANK OF AMERICA CORP /DE/ New +118,861+118.9k
AE Wealth Management LLC Added +66,010+66.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +62,578+62.6k
BANK OF MONTREAL /CAN/ Added +50,653+50.7k
Pallas Capital Advisors LLC Added +45,710+45.7k
AdvisorNet Financial, Inc Added +27,847+27.8k
FLOW TRADERS U.S. LLC Added +26,396+26.4k
SIMPLEX TRADING, LLC Added +22,488+22.5k

Biggest sellers

Corebridge Financial, Inc. Sold out -1,125,175-1.1m
JANUS HENDERSON GROUP PLC Sold out -828,480-828.5k
CacheTech Inc. Reduced -526,006-526.0k
Adams Wealth Management Reduced -508,190-508.2k
GOLDMAN SACHS GROUP INC Reduced -432,883-432.9k
Invesco Ltd. Sold out -362,640-362.6k
Tower Research Capital LLC (TRC) Reduced -306,195-306.2k
Ethos Financial Group, LLC Reduced -229,993-230.0k
MORGAN STANLEY Reduced -185,144-185.1k
RENAISSANCE TECHNOLOGIES LLC Sold out -143,200-143.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $677.3k14.2k shares

Biggest puts

BlackRock, Inc. Reduced $2.4m50.0k shares
CITADEL ADVISORS LLC Reduced $1.1m23.0k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 982,717982.7k $46.9m $46.9m 0.01% Reduced -130.7k -130,669
2 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 537,351537.4k $25.6m $25.6m 0.10% Reduced -18.9k -18,929
3 Pallas Capital Advisors LLC 0.76% of their portfolio BRAINTREE, MA 481,561481.6k $23.0m $23.0m 0.76% Added +45.7k +45,710
4 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 462,988463.0k $22.1m $22.1m 0.03% Added +184.2k +184,246
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 410,556410.6k $19.6m $19.6m 0.00% Added +203.9k +203,920
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 309,049309.0k $14.7m $14.7m 0.00% Reduced -54.0k -53,987
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 290,103290.1k $13.9m $13.9m 0.02% Added +13.8k +13,754
8 TT Capital Management LLC 10.93% of their portfolio Gilbert, AZ 287,529287.5k $13.7m $13.7m 10.93% Added +74 +74
9 Destiny Wealth Partners, LLC 1.55% of their portfolio TAVARES, FL 280,791280.8k $13.5m $13.5m 1.55% Added +4.8k +4,807
10 INDEPENDENT FINANCIAL GROUP, LLC 0.29% of their portfolio SAN DIEGO, CA 274,631274.6k $13.1m $13.1m 0.29% Added +11.4k +11,391
11 EPIQ PARTNERS, LLC 5.65% of their portfolio MINNEAPOLIS, MN 253,957254.0k $12.1m $12.1m 5.65% Added +8.7k +8,679
12 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 211,455211.5k $10.1m $10.1m 0.06% Added +66.0k +66,010
13 Border to Coast Pensions Partnership Ltd 0.17% of their portfolio LEEDS, X0 200,000200.0k $9.6m $9.6m 0.17% Unchanged
14 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 193,508193.5k $9.2m $9.2m 0.05% Reduced -70.6k -70,618
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 189,578189.6k $9.0m $9.0m 0.00% Added +2.7k +2,678
16 WT Wealth Management 2.49% of their portfolio SCOTTSDALE, AZ 181,605181.6k $8.7m $8.7m 2.49% Reduced -50.6k -50,618
17 Summit Financial, LLC 0.12% of their portfolio PARSIPPANY, NJ 176,179176.2k $8.4m $8.4m 0.12% Added +14.2k +14,211
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 174,741174.7k $8.3m $8.3m 0.00% Reduced -432.9k -432,883
19 Nilsine Partners, LLC 0.63% of their portfolio GREENWOOD VILLAGE, CO 153,226153.2k $7.3m $7.3m 0.63% Added +18.3k +18,283
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 152,926152.9k $7.3m $7.3m 0.00% Reduced -58.6k -58,639
21 CacheTech Inc. 1.34% of their portfolio LOGAN, UT 152,080152.1k $7.3m $7.3m 1.34% Reduced -526.0k -526,006
22 Adams Wealth Management 1.47% of their portfolio LOGAN, UT 144,651144.7k $6.9m $6.9m 1.47% Reduced -508.2k -508,190
23 Geneos Wealth Management Inc. 0.16% of their portfolio ENGLEWOOD, CO 132,941132.9k $6.3m $6.3m 0.16% Added +5.8k +5,755
24 AdvisorNet Financial, Inc 0.32% of their portfolio MINNETONKA, MN 124,765124.8k $6.0m $6.0m 0.32% Added +27.8k +27,847
25 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 121,906121.9k $5.8m $5.8m 0.08% Added +14.1k +14,120
26 Keeler Thomas Management LLC 2.73% of their portfolio Orem, UT 119,944119.9k $5.7m $5.7m 2.73% Added +3.3k +3,281
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 118,861118.9k $5.7m $5.7m 0.00% New
28 CV Advisors LLC 1.32% of their portfolio Aventura, FL 108,594108.6k $5.2m $5.2m 1.32% Added +6.0k +5,965
29 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 107,308107.3k $5.1m $5.1m 0.02% Reduced -33.8k -33,758
30 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 104,997105.0k $5.0m $5.0m 0.01% Reduced -85.7k -85,668
31 Anfield Capital Management, LLC 1.45% of their portfolio IRVINE, CA 96,49796.5k $4.6m $4.6m 1.45% Added +1.4k +1,443
32 Fortis Group Advisors, LLC 0.73% of their portfolio WESTWOOD, NJ 90,75690.8k $4.3m $4.3m 0.73% Added +15.0k +15,004
33 MGO ONE SEVEN LLC 0.09% of their portfolio Beachwood, OH 90,17290.2k $4.3m $4.3m 0.09% Added +5.0k +5,043
34 Sowell Financial Services LLC 0.16% of their portfolio NORTH LITTLE ROCK, AR 89,51189.5k $4.3m $4.3m 0.16% Added +1.8k +1,795
35 Paragon Advisors, LLC 1.12% of their portfolio COLLEGE STATION, TX 86,24086.2k $4.1m $4.1m 1.12% Added +2.3k +2,262
36 Flagship Capital Management Inc. 2.90% of their portfolio MEDIA, PA 86,01286.0k $4.1m $4.1m 2.90% First filing
37 SSI INVESTMENT MANAGEMENT LLC 0.27% of their portfolio Los Angeles, CA 82,08882.1k $3.9m $3.9m 0.27% Reduced -83.6k -83,635
38 Hidden Cove Wealth Management, LLC 2.18% of their portfolio Bainbridge Island, WA 70,76770.8k $3.4m $3.4m 2.18% Reduced -11.0k -10,958
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 68,53268.5k $3.3m $3.3m 0.00% Added +62.6k +62,578
40 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 63,35063.4k $3.0m $3.0m 0.00% Added +50.7k +50,653
41 LFG Wealth Partners, LLC 1.78% of their portfolio ELIZABETHTOWN, KY 58,55958.6k $2.8m $2.8m 1.78% First filing
42 Tower Research Capital LLC (TRC) 0.07% of their portfolio NEW YORK, NY 58,51658.5k $2.8m $2.8m 0.07% Reduced -306.2k -306,195
43 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 58,45258.5k $2.8m $2.8m 0.01% Reduced -32.6k -32,599
44 Kathmere Capital Management, LLC 0.18% of their portfolio WAYNE, PA 55,65455.7k $2.7m $2.7m 0.18% Reduced -7.7k -7,703
45 FIRETHORN WEALTH PARTNERS, LLC 0.97% of their portfolio AUGUSTA, GA 54,29354.3k $2.6m $2.6m 0.97% Added +18.4k +18,362
46 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 51,91351.9k $2.5m $2.5m 0.02% Added +6.4k +6,437
47 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 47,86947.9k $2.3m $2.3m 0.03% Reduced -3.4k -3,413
48 Continuum Advisory, LLC 0.22% of their portfolio EAGLE, ID 46,76746.8k $2.2m $2.2m 0.22% Reduced -38.9k -38,875
49 MBL Wealth, LLC 0.18% of their portfolio CHARLOTTE, NC 46,44546.4k $2.2m $2.2m 0.18% Reduced -10.7k -10,700
50 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 45,50945.5k $2.2m $2.2m 0.01% Reduced -23.0k -23,041
51 FLOW TRADERS U.S. LLC 0.07% of their portfolio NEW YORK, NY 45,23045.2k $2.2m $2.2m 0.07% Added +26.4k +26,396
52 Auour Investments LLC 0.69% of their portfolio WOBURN, MA 45,20745.2k $2.2m $2.2m 0.69% Added +5.5k +5,514
53 Ethos Financial Group, LLC 0.15% of their portfolio KING OF PRUSSIA, PA 43,03043.0k $2.1m $2.1m 0.15% Reduced -230.0k -229,993
54 Total Clarity Wealth Management, Inc. 0.49% of their portfolio ST. CHARLES, IL 42,08742.1k $2.0m $2.0m 0.49% Reduced -1.3k -1,318
55 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.35% of their portfolio LEAWOOD, KS 40,49840.5k $1.9m $1.9m 0.35% Reduced -45.7k -45,746
56 Impact Partnership Wealth, LLC 0.24% of their portfolio MARIETTA, GA 39,06339.1k $1.9m $1.9m 0.24% Added +7.8k +7,775
57 Cooper Financial Group 0.19% of their portfolio IRVINE, CA 38,13738.1k $1.8m $1.8m 0.19% Reduced -1.5k -1,541
58 Central Pacific Bank - Trust Division 0.22% of their portfolio HONOLULU, HI 36,97537.0k $1.8m $1.8m 0.22% Reduced -38.2k -38,240
59 J. Safra Sarasin Holding AG 0.03% of their portfolio BASEL, V8 35,00035.0k $1.7m $1.7m 0.03% Unchanged
60 Gibbs Wealth Management 0.39% of their portfolio Alpharetta, GA 33,40233.4k $1.6m $1.6m 0.39% Reduced -2.9k -2,884
61 AXS Investments LLC 0.54% of their portfolio PORT CHESTER, NY 32,89832.9k $1.6m $1.6m 0.54% Added +101 +101
62 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 32,54032.5k $1.6m $1.6m 0.00% Reduced -31.7k -31,724
63 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 32,37232.4k $1.5m $1.5m 0.00% Reduced -28.0k -28,044
64 PFG Advisors 0.07% of their portfolio Phoenix, AZ 30,10030.1k $1.4m $1.4m 0.07% Added +3.7k +3,745
65 Sage Mountain Advisors LLC 0.07% of their portfolio ATLANTA, GA 28,51828.5k $1.4m $1.4m 0.07% Added +10.3k +10,301
66 waypoint wealth counsel 0.48% of their portfolio ATLANTA, GA 27,33027.3k $1.3m $1.3m 0.48% Reduced -5.3k -5,280
67 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,02727.0k $1.3m $1.3m 0.00% Added +9.6k +9,561
68 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 26,36626.4k $1.3m $1.3m 0.00% Reduced -66.9k -66,860
69 SIMPLEX TRADING, LLC 0.04% of their portfolio CHICAGO, IL 26,33826.3k $1.3m $1.3m 0.04% Added +22.5k +22,488
70 Delphi Financial Group, Inc. 0.60% of their portfolio Wilmington, DE 25,00025.0k $1.2m $1.2m 0.60% Unchanged
71 Diversify Advisory Services, LLC 0.04% of their portfolio SANDY, UT 24,82224.8k $1.2m $1.2m 0.04% Added +785 +785
72 L2 Asset Management, LLC 0.15% of their portfolio Wayland, MA 24,19024.2k $1.2m $1.2m 0.15% Added +1.3k +1,265
73 Ancora Advisors LLC 0.02% of their portfolio Cleveland, OH 24,13024.1k $1.2m $1.2m 0.02% Reduced -5.3k -5,295
74 4WEALTH ADVISORS, INC. 0.98% of their portfolio Burr Ridge, IL 23,72723.7k $1.1m $1.1m 0.98% Added +1.2k +1,247
75 QTR Family Wealth, LLC 0.49% of their portfolio LAKE MARY, FL 23,44523.4k $1.1m $1.1m 0.49% Reduced -29.9k -29,918
76 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 23,27123.3k $1.1m $1.1m 0.00% Added +8.5k +8,491
77 Fortis Capital Management LLC 0.15% of their portfolio BELLEVUE, WA 23,01923.0k $1.1m $1.1m 0.15% Reduced -12.0k -12,007
78 Englebert Financial Advisers, LLC 1.25% of their portfolio Allentown, PA 22,74422.7k $1.1m $1.1m 1.25% First filing
79 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 21,30221.3k $1.0m $1.0m 0.00% Added +11.3k +11,262
80 NORTHBRIDGE FINANCIAL GROUP, LLC 0.43% of their portfolio TAMPA, FL 20,29020.3k $967.8k $967.8k 0.43% First filing
81 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 20,26920.3k $966.8k $966.8k 0.01% Unchanged
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,63619.6k $936.6k $936.6k 0.00% Added +11.3k +11,343
83 ATWOOD & PALMER INC 0.05% of their portfolio KANSAS CITY, MO 19,58519.6k $934.2k $934.2k 0.05% Unchanged
84 KG Capital Management 0.24% of their portfolio ST. FRANCISVILLE, LA 19,56419.6k $933.2k $933.2k 0.24% Added +1.3k +1,318
85 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,44519.4k $927.5k $927.5k 0.00% Reduced -4.2k -4,164
86 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,43919.4k $927.2k $927.2k 0.00% Reduced -4.9k -4,904
87 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 19,31219.3k $921.2k $921.2k 0.02% Added +1.9k +1,881
88 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 19,17519.2k $914.6k $914.6k 0.00% Reduced -118 -118
89 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 19,03519.0k $908.0k $908.0k 0.02% Reduced -41 -41
90 Denver PWM, LLC 0.29% of their portfolio DENVER, CO 18,02318.0k $868.9k $868.9k 0.29% Unchanged
91 Portside Wealth Group, LLC 0.11% of their portfolio Provo, UT 17,69217.7k $843.9k $843.9k 0.11% Reduced -1.3k -1,274
92 Navis Wealth Advisors, LLC 0.35% of their portfolio RYE BROOK, NY 17,39017.4k $829.5k $829.5k 0.35% New
93 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 16,65016.6k $794.2k $794.2k 0.02% Added +1.7k +1,731
94 Able Wealth Management LLC 0.25% of their portfolio Toms River, NJ 16,33116.3k $779.0k $779.0k 0.25% Reduced -155 -155
95 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,16616.2k $771.1k $771.1k 0.00% Reduced -28.8k -28,789
96 Medallion Wealth Advisors, LLC 0.26% of their portfolio FARMINGTON, CT 16,16116.2k $770.9k $770.9k 0.26% Added +292 +292
97 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 16,06316.1k $766.2k $766.2k 0.01% Unchanged
98 Cadent Capital Advisors, LLC 0.20% of their portfolio TULSA, OK 15,97316.0k $761.9k $761.9k 0.20% New
99 Strong Tower Advisory Services 0.13% of their portfolio MINNEAPOLIS, MN 15,60615.6k $744.4k $744.4k 0.13% Added +1.7k +1,712
100 Ridgeline Wealth, LLC 0.50% of their portfolio MESA, AZ 14,96815.0k $714.0k $714.0k 0.50% Added +5.9k +5,946