Vault-13

JANUS DETROIT STR TR JMBS

HENDERSON MTG · ETP · CUSIP 47103U852

220 institutional holders -6 vs Q1 2025
115,220,690115.2m shares reported held*
$5.2bnreported value*
20 new 107 added 75 reduced 26 sold out net bought ≈ $400.0m (+8.6m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.05. Options: 1 managers hold calls ($400.9k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 92Q4 22: 96Q1 23: 102Q2 23: 116Q3 23: 127Q4 23: 164Q1 24: 171Q2 24: 201Q3 24: 204Q4 24: 214Q1 25: 226Q2 25: 220220Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202292
Q4 202296
Q1 2023102
Q2 2023116
Q3 2023127
Q4 2023164
Q1 2024171
Q2 2024201
Q3 2024204
Q4 2024214
Q1 2025226
Q2 2025220

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 86 bought or addedQ3 23: 40 cut or sold outQ4 23: 123 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 112 bought or addedQ1 24: 65 cut or sold outQ2 24: 124 bought or addedQ2 24: 64 cut or sold outQ2 24Q3 24: 123 bought or addedQ3 24: 82 cut or sold outQ4 24: 120 bought or addedQ4 24: 90 cut or sold outQ4 24Q1 25: 154 bought or addedQ1 25: 77 cut or sold outQ2 25: 127 bought or addedQ2 25: 101 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238640
Q4 202312335
Q1 202411265
Q2 202412464
Q3 202412382
Q4 202412090
Q1 202515477
Q2 2025127101

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $66.3kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $176.3kQ1 25 puts: $140.1kQ1 25P/C 0.79Q2 25 calls: $400.9kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$66.3k$00.00
Q1 2025$176.3k$140.1k0.79
Q2 2025$400.9k$00.00

Biggest buyers

MORGAN STANLEY Added +2,135,075+2.1m
BANK OF AMERICA CORP /DE/ Added +1,893,960+1.9m
ROYAL BANK OF CANADA Added +1,414,376+1.4m
Richard Bernstein Advisors LLC Added +700,883+700.9k
Modern Wealth Management, LLC Added +484,405+484.4k
ENVESTNET ASSET MANAGEMENT INC Added +440,033+440.0k
NorthCoast Asset Management LLC Added +395,974+396.0k
Rockefeller Capital Management L.P. Added +394,603+394.6k
UBS Group AG Added +371,727+371.7k
Haverford Trust Co Added +342,820+342.8k

Biggest sellers

Hamilton Capital, LLC Reduced -1,522,891-1.5m
Redhawk Wealth Advisors, Inc. Sold out -704,669-704.7k
Kestra Investment Management, LLC Reduced -237,863-237.9k
GOLDMAN SACHS GROUP INC Sold out -213,199-213.2k
TRANSCEND CAPITAL ADVISORS, LLC Sold out -141,505-141.5k
Madison Asset Management, LLC Reduced -121,891-121.9k
True North Advisors, LLC Reduced -117,182-117.2k
TOWNSQUARE CAPITAL LLC Reduced -87,837-87.8k
Advance Capital Management, Inc. Reduced -72,010-72.0k
Eldridge Investment Advisors, Inc. Sold out -67,200-67.2k

Biggest calls

CITADEL ADVISORS LLC Added $400.9k8.9k shares

Biggest puts

None

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 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 20,205,07220.2m $910.2m $910.2m 0.06% Added +2.1m +2,135,075
2 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 18,218,67218.2m $820.8m $820.8m 0.07% Added +1.9m +1,893,960
3 Richard Bernstein Advisors LLC 11.42% of their portfolio NEW YORK, NY 10,274,97710.3m $462.9m $462.9m 11.42% Added +700.9k +700,883
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio SAN FRANCISCO, CA 8,051,0338.1m $362.7m $362.7m 0.06% Added +129.3k +129,294
5 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 3,066,9063.1m $138.2m $138.2m 0.05% Added +93.8k +93,774
6 CW Advisors, LLC 1.15% of their portfolio BOSTON, MA 2,631,6762.6m $118.6m $118.6m 1.15% Added +78.9k +78,921
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,510,1042.5m $113.1m $113.1m 0.03% Added +440.0k +440,033
8 NorthCoast Asset Management LLC 0.48% of their portfolio STAMFORD, CT 2,468,4482.5m $111.2m $111.2m 0.48% Added +396.0k +395,974
9 Haverford Trust Co 1.05% of their portfolio Radnor, PA 2,464,5252.5m $111.0m $111.0m 1.05% Added +342.8k +342,820
10 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,440,8802.4m $110.0m $110.0m 0.01% Added +1.4m +1,414,376
11 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,997,6792.0m $90.0m $90.0m 0.02% Added +371.7k +371,727
12 Gradient Investments LLC 1.64% of their portfolio ARDEN HILLS, MN 1,988,1332.0m $89.6m $89.6m 1.64% Reduced -1.6k -1,575
13 Hamilton Capital, LLC 4.87% of their portfolio COLUMBUS, OH 1,968,5102.0m $88.7m $88.7m 4.87% Reduced -1.5m -1,522,891
14 Madison Asset Management, LLC 0.84% of their portfolio MADISON, WI 1,726,5471.7m $77.8m $77.8m 0.84% Reduced -121.9k -121,891
15 FOSTER & MOTLEY INC 3.91% of their portfolio CINCINNATI, OH 1,502,4741.5m $67.7m $67.7m 3.91% Added +120.7k +120,724
16 Corient Private Wealth LP 0.09% of their portfolio MIAMI, FL 1,466,5711.5m $66.1m $66.1m 0.09% Added +81.6k +81,620
17 BAILARD, INC. 1.49% of their portfolio Foster City, CA 1,418,9511.4m $63.9m $63.9m 1.49% Reduced -14.1k -14,127
18 Pallas Capital Advisors LLC 2.42% of their portfolio BRAINTREE, MA 1,408,3301.4m $63.4m $63.4m 2.42% Added +196.0k +196,025
19 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,394,2301.4m $62.8m $62.8m 0.01% Added +106.1k +106,109
20 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,290,9941.3m $58.2m $58.2m 0.02% Added +286.1k +286,116
21 Parallel Advisors, LLC 1.16% of their portfolio SAN FRANCISCO, CA 1,289,0761.3m $58.1m $58.1m 1.16% Added +88.5k +88,517
22 CAPITAL ADVISORS INC/OK 0.88% of their portfolio TULSA, OK 1,084,4281.1m $48.9m $48.9m 0.88% Added +6.3k +6,306
23 Kestra Investment Management, LLC 0.73% of their portfolio AUSTIN, TX 1,047,8091.0m $47.3m $47.3m 0.73% Reduced -237.9k -237,863
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 974,570974.6k $43.9m $43.9m 0.01% Added +38.6k +38,642
25 Modern Wealth Management, LLC 0.95% of their portfolio KANSAS CITY, MO 853,159853.2k $38.4m $38.4m 0.95% Added +484.4k +484,405
26 Divergent Planning, LLC 10.77% of their portfolio BETHESDA, MD 812,743812.7k $36.4m $36.4m 10.77% Added +35.4k +35,388
27 SPC Financial, Inc. 3.06% of their portfolio ROCKVILLE, MD 810,320810.3k $36.5m $36.5m 3.06% Added +5.7k +5,663
28 CGN Advisors LLC 3.25% of their portfolio MANHATTAN, KS 806,524806.5k $36.3m $36.3m 3.25% Added +56.7k +56,685
29 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 732,921732.9k $33.0m $33.0m 0.04% Added +394.6k +394,603
30 Parcion Private Wealth LLC 2.36% of their portfolio BELLEVUE, WA 732,374732.4k $33.0m $33.0m 2.36% Reduced -8.3k -8,342
31 ARVEST INVESTMENTS, INC. 4.33% of their portfolio LOWELL, AR 637,942637.9k $28.7m $28.7m 4.33% Reduced -4.3k -4,345
32 Advance Capital Management, Inc. 1.19% of their portfolio SOUTHFIELD, MI 582,298582.3k $26.2m $26.2m 1.19% Reduced -72.0k -72,010
33 Towneley Capital Management, Inc / DE 5.98% of their portfolio LAGUNA HILLS, CA 578,220578.2k $26.0m $26.0m 5.98% Added +130.3k +130,309
34 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 568,642568.6k $25.6m $25.6m 0.04% Added +163.0k +162,973
35 ALBION FINANCIAL GROUP /UT 1.67% of their portfolio SALT LAKE CITY, UT 568,129568.1k $25.6m $25.6m 1.67% Added +2.8k +2,818
36 Horizon Investments, LLC 0.38% of their portfolio Charlotte, NC 537,302537.3k $24.0m $24.0m 0.38% Reduced -64.6k -64,641
37 INSPIRION WEALTH ADVISORS, LLC 3.08% of their portfolio LIBERTYVILLE, IL 517,250517.2k $23.3m $23.3m 3.08% Added +21.0k +21,002
38 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 489,704489.7k $22.1m $22.1m 0.03% Added +8.5k +8,452
39 Financial Enhancement Group LLC 3.03% of their portfolio ANDERSON, IN 476,327476.3k $21.2m $21.2m 3.03% Reduced -7.5k -7,455
40 Legacy Private Trust Co. 1.38% of their portfolio NEENAH, WI 472,534472.5k $21.3m $21.3m 1.38% Reduced -16.7k -16,662
41 Moment Partners, LLC 3.61% of their portfolio SAN FRANCISCO, CA 426,901426.9k $19.2m $19.2m 3.61% Reduced -1.3k -1,288
42 GUGGENHEIM CAPITAL LLC 0.15% of their portfolio CHICAGO, IL 399,025399.0k $18.0m $18.0m 0.15% Added +134.6k +134,599
43 Leo Wealth, LLC 1.38% of their portfolio HURST, TX 392,306392.3k $17.7m $17.7m 1.38% Added +249.2k +249,229
44 Sage Mountain Advisors LLC 1.15% of their portfolio ATLANTA, GA 391,173391.2k $17.6m $17.6m 1.15% Added +43.0k +43,003
45 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 342,544342.5k $15.4m $15.4m 0.04% Added +93.6k +93,600
46 Rise Advisors, LLC 6.01% of their portfolio ROCHESTER, NY 335,723335.7k $15.1m $15.1m 6.01% Added +17.8k +17,837
47 SeaBridge Investment Advisors LLC 2.68% of their portfolio SUMMIT, NJ 320,543320.5k $14.4m $14.4m 2.68% Added +62.4k +62,435
48 Blue Edge Capital, LLC 2.12% of their portfolio RICHMOND, VA 316,488316.5k $14.3m $14.3m 2.12% Reduced -9.6k -9,580
49 Goelzer Investment Management, Inc. 0.77% of their portfolio CARMEL, IN 311,295311.3k $14.0m $14.0m 0.77% Reduced -17 -17
50 Brookstone Capital Management 0.18% of their portfolio WHEATON, IL 305,361305.4k $13.8m $13.8m 0.18% Reduced -6.5k -6,466
51 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 301,929301.9k $13.6m $13.6m 0.04% Added +29.2k +29,154
52 Pictet North America Advisors SA 1.36% of their portfolio GENEVA 73, V8 301,832301.8k $13.6m $13.6m 1.36% Added +112.1k +112,074
53 STANSBERRY ASSET MANAGEMENT, LLC 1.48% of their portfolio Westlake, TX 300,423300.4k $13.5m $13.5m 1.48% Added +172.2k +172,190
54 AllGen Financial Advisors, Inc. 3.61% of their portfolio ORLANDO, FL 298,203298.2k $13.4m $13.4m 3.61% New
55 Envestnet Portfolio Solutions, Inc. 0.05% of their portfolio BERWYN, PA 276,065276.1k $12.4m $12.4m 0.05% Added +75.6k +75,615
56 True North Advisors, LLC 2.32% of their portfolio Dallas, TX 269,270269.3k $12.1m $12.1m 2.32% Reduced -117.2k -117,182
57 Asio Capital, LLC 1.95% of their portfolio LEXINGTON, KY 259,653259.7k $11.7m $11.7m 1.95% Added +10.0k +9,997
58 Pine Valley Investments Ltd Liability Co 0.67% of their portfolio MARLTON, NJ 252,172252.2k $11.4m $11.4m 0.67% Added +8.9k +8,902
59 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 242,442242.4k $10.9m $10.9m 0.03% Reduced -13.8k -13,815
60 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 241,851241.9k $10.9m $10.9m 0.02% Added +38.4k +38,435
61 Focused Wealth Management, Inc 1.32% of their portfolio Newburgh, NY 239,657239.7k $10.8m $10.8m 1.32% New
62 Fourth Dimension Wealth, LLC 4.49% of their portfolio MIDDLEBURG HEIGHTS, OH 236,228236.2k $10.6m $10.6m 4.49% Added +29.9k +29,870
63 Allen Capital Group, LLC 1.05% of their portfolio GRAND ISLAND, NE 224,741224.7k $10.1m $10.1m 1.05% Added +24.5k +24,514
64 Secure Asset Management, LLC 1.79% of their portfolio Troy, MI 213,603213.6k $9.6m $9.6m 1.79% Reduced -7.5k -7,455
65 Symphony Financial Services, Inc. 4.45% of their portfolio AKRON, OH 165,171165.2k $7.4m $7.4m 4.45% Reduced -3.6k -3,615
66 WESPAC Advisors SoCal, LLC 1.56% of their portfolio Pasadena, CA 154,795154.8k $7.0m $7.0m 1.56% Added +18.0k +18,008
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 148,764148.8k $6.7m $6.7m 0.01% Added +76.9k +76,932
68 Seed Wealth Management, Inc. 4.96% of their portfolio EVANSTON, IL 147,778147.8k $6.7m $6.7m 4.96% Added +8.2k +8,205
69 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 144,943144.9k $6.5m $6.5m 0.01% Added +21.2k +21,161
70 ROSENBLUM SILVERMAN SUTTON S F INC /CA 1.52% of their portfolio SAN FRANCISCO, CA 139,195139.2k $6.3m $6.3m 1.52% Added +13.0k +13,045
71 LINCOLN CAPITAL CORP 2.37% of their portfolio EAST GREENWICH, RI 136,862136.9k $6.2m $6.2m 2.37% Reduced -2.1k -2,119
72 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 135,388135.4k $6.1m $6.1m 0.04% Added +20.2k +20,218
73 Cornerstone Wealth Group, LLC 0.45% of their portfolio HUNTERSVILLE, NC 132,098132.1k $6.0m $6.0m 0.45% Added +1.8k +1,771
74 Unique Wealth Strategies, LLC 2.24% of their portfolio BURR RIDGE, IL 118,493118.5k $5.3m $5.3m 2.24% Added +676 +676
75 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 113,519113.5k $5.1m $5.1m 0.00% New
76 Transamerica Financial Advisors, LLC 0.43% of their portfolio CEDAR RAPIDS, IA 101,411101.4k $4.6m $4.6m 0.43% Reduced -8.5k -8,457
77 Ancora Advisors LLC 0.09% of their portfolio Cleveland, OH 97,03597.0k $4.4m $4.4m 0.09% Added +2.3k +2,251
78 Three Magnolias Financial Advisors, LLC 2.99% of their portfolio WINSTON-SALEM, NC 95,25895.3k $4.3m $4.3m 2.99% Added +13.7k +13,687
79 SHEPHERD KAPLAN KROCHUK, LLC 3.72% of their portfolio Boston, MA 94,96695.0k $4.3m $4.3m 3.72% Added +23.3k +23,331
80 MONECO ADVISORS, LLC 0.38% of their portfolio FAIRFIELD, CT 91,55791.6k $4.1m $4.1m 0.38% Added +32.5k +32,455
81 IVC Wealth Advisors LLC 2.00% of their portfolio SILVERDALE, PA 91,06991.1k $4.1m $4.1m 2.00% Added +62.0k +62,022
82 Brown Financial Advisors 1.60% of their portfolio MILFORD, OH 91,05691.1k $4.1m $4.1m 1.60% Reduced -1.9k -1,865
83 Destiny Wealth Partners, LLC 0.53% of their portfolio TAVARES, FL 88,01888.0k $4.0m $4.0m 0.53% Reduced -2.1k -2,127
84 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 87,36487.4k $3.9m $3.9m 0.05% Added +11.4k +11,392
85 Rothschild Wealth LLC 0.96% of their portfolio OAK BROOK, IL 86,46686.5k $3.9m $3.9m 0.96% Added +7.6k +7,610
86 KWB Wealth 0.43% of their portfolio REDLANDS, CA 78,41078.4k $3.5m $3.5m 0.43% Reduced -13.5k -13,544
87 Paladin Wealth, LLC 2.73% of their portfolio ARDEN HILLS, MN 77,89577.9k $3.5m $3.5m 2.73% Reduced -6.2k -6,239
88 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 76,10676.1k $3.4m $3.4m 0.03% Added +35.6k +35,575
89 COMERICA BANK 0.01% of their portfolio DALLAS, TX 73,80273.8k $3.3m $3.3m 0.01% Added +3.0k +3,046
90 Apollon Wealth Management, LLC 0.06% of their portfolio MOUNT PLEASANT, SC 71,21071.2k $3.2m $3.2m 0.06% Reduced -51.3k -51,347
91 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.64% of their portfolio LEAWOOD, KS 63,45763.5k $2.9m $2.9m 0.64% Added +24.7k +24,705
92 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 63,26963.3k $2.9m $2.9m 0.00% Reduced -5.5k -5,527
93 Mendel Money Management 1.24% of their portfolio NORTHBROOK, IL 62,00462.0k $2.8m $2.8m 1.24% Reduced -1.8k -1,780
94 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 60,74260.7k $2.7m $2.7m 0.00% Reduced -5.0k -5,023
95 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 59,89659.9k $2.7m $2.7m 0.01% Added +20.4k +20,423
96 Gibbs Wealth Management 0.52% of their portfolio Alpharetta, GA 59,67659.7k $2.7m $2.7m 0.52% Added +7.8k +7,794
97 Mariner, LLC 0.00% of their portfolio Overland Park, KS 56,45556.5k $2.5m $2.5m 0.00% Reduced -2.6k -2,624
98 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 55,47955.5k $2.5m $2.5m 0.01% Added +29.3k +29,263
99 MACROVIEW INVESTMENT MANAGEMENT LLC 2.04% of their portfolio BETHESDA, MD 55,13155.1k $2.5m $2.5m 2.04% Added +873 +873
100 EHRLICH FINANCIAL GROUP 1.56% of their portfolio LAGUNA NIGUEL, CA 53,36053.4k $2.4m $2.4m 1.56% Added +10.8k +10,813