Vault-13

JANUS DETROIT STR TR JMBS

HENDERSON MTG · ETP · CUSIP 47103U852

270 institutional holders +1 vs Q4 2025
131,213,146131.2m shares reported held*
$5.9bnreported value*
39 new 129 added 79 reduced 32 sold out net sold ≈ $413.1m (-9.1m 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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.18.

Trends to Q1 2026

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: 220Q3 25: 232Q4 25: 269Q1 26: 270270Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025232
Q4 2025269
Q1 2026270

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 124 bought or addedQ2 24: 64 cut or sold outQ3 24: 123 bought or addedQ3 24: 82 cut or sold outQ3 24Q4 24: 120 bought or addedQ4 24: 90 cut or sold outQ1 25: 154 bought or addedQ1 25: 77 cut or sold outQ1 25Q2 25: 127 bought or addedQ2 25: 101 cut or sold outQ3 25: 157 bought or addedQ3 25: 76 cut or sold outQ3 25Q4 25: 174 bought or addedQ4 25: 85 cut or sold outQ1 26: 168 bought or addedQ1 26: 111 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202412464
Q3 202412382
Q4 202412090
Q1 202515477
Q2 2025127101
Q3 202515776
Q4 202517485
Q1 2026168111

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 25 calls: $400.9kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $493.2kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$400.9k$00.00
Q3 2025$493.2k$00.00
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

MORGAN STANLEY Added +3,145,938+3.1m
Advance Capital Management, Inc. Added +1,748,998+1.7m
AMERIPRISE FINANCIAL INC Added +1,610,189+1.6m
EP Wealth Advisors, LLC New +1,025,837+1.0m
Corient Private Wealth LP Added +588,148+588.1k
Haverford Trust Co Added +485,364+485.4k
HighTower Advisors, LLC Added +482,505+482.5k
Moment Partners, LLC New +454,702+454.7k
Pictet North America Advisors SA Added +386,881+386.9k
Modern Wealth Management, LLC Added +253,824+253.8k

Biggest sellers

Richard Bernstein Advisors LLC Reduced -8,837,273-8.8m
BANK OF AMERICA CORP /DE/ Reduced -8,580,867-8.6m
Parallel Advisors, LLC Reduced -1,114,039-1.1m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -820,316-820.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -653,131-653.1k
Madison Asset Management, LLC Reduced -342,672-342.7k
ROYAL BANK OF CANADA Reduced -322,376-322.4k
Envestnet Portfolio Solutions, Inc. Reduced -299,245-299.2k
SEVEN MILE ADVISORY Sold out -275,386-275.4k
Vestmark Advisory Solutions, Inc. Reduced -173,982-174.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 28,558,48028.6m $1.3bn $1.3bn 0.08% Added +3.1m +3,145,938
2 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio SAN FRANCISCO, CA 21,835,36621.8m $986.5m $986.5m 0.15% Added +224.8k +224,768
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 9,747,1989.7m $440.4m $440.4m 0.03% Reduced -8.6m -8,580,867
4 Haverford Trust Co 1.53% of their portfolio Radnor, PA 3,699,0203.7m $167.1m $167.1m 1.53% Added +485.4k +485,364
5 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 3,263,2903.3m $147.4m $147.4m 0.05% Reduced -153.1k -153,111
6 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 3,120,2823.1m $141.0m $141.0m 0.21% Added +37.3k +37,276
7 Focus Partners Wealth 0.14% of their portfolio ST LOUIS, MO 2,824,5032.8m $127.7m $127.7m 0.14% Added +18.5k +18,501
8 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,513,7442.5m $113.6m $113.6m 0.02% Added +150.2k +150,214
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,375,0892.4m $107.3m $107.3m 0.03% Reduced -653.1k -653,131
10 Gradient Investments LLC 1.64% of their portfolio ARDEN HILLS, MN 2,346,9152.3m $106.0m $106.0m 1.64% Added +119.7k +119,709
11 Corient Private Wealth LP 0.13% of their portfolio MIAMI, FL 2,106,7562.1m $93.4m $93.4m 0.13% Added +588.1k +588,148
12 Hamilton Capital, LLC 4.78% of their portfolio COLUMBUS, OH 2,041,3542.0m $92.2m $92.2m 4.78% Added +149.0k +149,033
13 Modern Wealth Management, LLC 1.55% of their portfolio KANSAS CITY, MO 1,996,6212.0m $90.3m $90.3m 1.55% Added +253.8k +253,824
14 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,991,0362.0m $89.9m $89.9m 0.02% Added +1.6m +1,610,189
15 FOSTER & MOTLEY INC 4.54% of their portfolio CINCINNATI, OH 1,949,4091.9m $88.1m $88.1m 4.54% Added +140.0k +139,952
16 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,872,7701.9m $84.6m $84.6m 0.02% Reduced -13.4k -13,441
17 Advance Capital Management, Inc. 3.02% of their portfolio SOUTHFIELD, MI 1,762,8831.8m $79.6m $79.6m 3.02% Added +1.7m +1,748,998
18 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,755,9881.8m $79.3m $79.3m 0.02% Reduced -322.4k -322,376
19 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,635,0351.6m $73.9m $73.9m 0.02% Added +72.4k +72,354
20 Pallas Capital Advisors LLC 2.61% of their portfolio BRAINTREE, MA 1,533,8171.5m $69.3m $69.3m 2.61% Reduced -113.5k -113,478
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,232,0721.2m $55.7m $55.7m 0.01% Added +7.4k +7,400
22 Madison Asset Management, LLC 0.67% of their portfolio MADISON, WI 1,189,3561.2m $53.7m $53.7m 0.67% Reduced -342.7k -342,672
23 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio PLYMOUTH, MN 1,073,1621.1m $48.7m $48.7m 0.11% Reduced -820.3k -820,316
24 CAPITAL ADVISORS INC/OK 0.77% of their portfolio TULSA, OK 1,065,2731.1m $48.1m $48.1m 0.77% Reduced -6.1k -6,084
25 EP Wealth Advisors, LLC 0.23% of their portfolio TORRANCE, CA 1,025,8371.0m $46.3m $46.3m 0.23% New
26 AlphaCore Capital LLC 0.86% of their portfolio LA JOLLA, CA 803,461803.5k $36.5m $36.5m 0.86% Reduced -22.5k -22,475
27 INSPIRION WEALTH ADVISORS, LLC 4.31% of their portfolio LIBERTYVILLE, IL 766,123766.1k $34.6m $34.6m 4.31% Added +112.4k +112,401
28 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 738,847738.8k $33.4m $33.4m 0.05% Added +30.7k +30,712
29 CGN Advisors LLC 2.54% of their portfolio MANHATTAN, KS 712,479712.5k $32.2m $32.2m 2.54% Reduced -167.3k -167,279
30 Kestra Investment Management, LLC 0.54% of their portfolio AUSTIN, TX 696,640696.6k $31.5m $31.5m 0.54% Added +194.5k +194,512
31 GUGGENHEIM CAPITAL LLC 0.25% of their portfolio CHICAGO, IL 685,210685.2k $31.0m $31.0m 0.25% Added +77.3k +77,327
32 ALBION FINANCIAL GROUP /UT 1.88% of their portfolio SALT LAKE CITY, UT 644,876644.9k $29.1m $29.1m 1.88% Added +21.0k +21,024
33 KWB Wealth 2.80% of their portfolio REDLANDS, CA 620,188620.2k $28.3m $28.3m 2.80% Reduced -70.3k -70,349
34 Towneley Capital Management, Inc / DE 5.82% of their portfolio LAGUNA HILLS, CA 615,498615.5k $27.8m $27.8m 5.82% Added +17.2k +17,236
35 Pictet North America Advisors SA 2.76% of their portfolio GENEVA 73, V8 614,104614.1k $27.7m $27.7m 2.76% Added +386.9k +386,881
36 Sage Mountain Advisors LLC 1.94% of their portfolio ATLANTA, GA 612,346612.3k $27.7m $27.7m 1.94% Added +144.5k +144,459
37 ARVEST INVESTMENTS, INC. 3.72% of their portfolio LOWELL, AR 604,333604.3k $27.3m $27.3m 3.72% Reduced -4.2k -4,155
38 Leo Wealth, LLC 1.95% of their portfolio HURST, TX 594,085594.1k $26.8m $26.8m 1.95% Added +159.8k +159,837
39 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 583,130583.1k $26.3m $26.3m 0.03% Reduced -160.3k -160,279
40 Legacy Private Trust Co. 1.61% of their portfolio NEENAH, WI 575,274575.3k $26.0m $26.0m 1.61% Added +30.3k +30,311
41 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 519,221519.2k $23.5m $23.5m 0.04% Added +15.8k +15,826
42 GREAT VALLEY ADVISOR GROUP, INC. 0.41% of their portfolio WILMINGTON, DE 496,311496.3k $22.4m $22.4m 0.41% Reduced -100.4k -100,369
43 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 488,873488.9k $22.1m $22.1m 0.02% Added +482.5k +482,505
44 Moment Partners, LLC 3.68% of their portfolio SAN FRANCISCO, CA 454,702454.7k $20.6m $20.6m 3.68% New
45 Insight Wealth Strategies, LLC 2.29% of their portfolio SAN RAMON, CA 453,389453.4k $20.5m $20.5m 2.29% Added +102.5k +102,533
46 Financial Enhancement Group LLC 2.43% of their portfolio ANDERSON, IN 427,984428.0k $19.6m $19.6m 2.43% Added +8.8k +8,780
47 Horizon Investments, LLC 0.21% of their portfolio Charlotte, NC 419,377419.4k $18.9m $18.9m 0.21% Reduced -131.8k -131,823
48 SeaBridge Investment Advisors LLC 3.20% of their portfolio SUMMIT, NJ 418,001418.0k $18.9m $18.9m 3.20% Added +3.8k +3,806
49 Parallel Advisors, LLC 0.32% of their portfolio SAN FRANCISCO, CA 393,378393.4k $17.8m $17.8m 0.32% Reduced -1.1m -1,114,039
50 Blue Edge Capital, LLC 2.32% of their portfolio RICHMOND, VA 386,161386.2k $17.4m $17.4m 2.32% Added +60.7k +60,711
51 STANSBERRY ASSET MANAGEMENT, LLC 1.79% of their portfolio Westlake, TX 385,080385.1k $17.4m $17.4m 1.79% Reduced -12.0k -11,974
52 Asio Capital, LLC 2.26% of their portfolio LEXINGTON, KY 355,955356.0k $16.1m $16.1m 2.26% Added +4.7k +4,658
53 Goelzer Investment Management, Inc. 0.73% of their portfolio CARMEL, IN 332,955333.0k $15.0m $15.0m 0.73% Added +7.0k +6,964
54 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 322,170322.2k $14.6m $14.6m 0.04% Reduced -17.1k -17,145
55 Pine Valley Investments Ltd Liability Co 0.69% of their portfolio MARLTON, NJ 311,683311.7k $14.1m $14.1m 0.69% Added +30.9k +30,876
56 AllGen Financial Advisors, Inc. 3.33% of their portfolio ORLANDO, FL 311,014311.0k $14.1m $14.1m 3.33% Reduced -138.7k -138,664
57 Focused Wealth Management, Inc 1.46% of their portfolio Newburgh, NY 309,085309.1k $14.0m $14.0m 1.46% Added +17.4k +17,353
58 Secure Asset Management, LLC 2.19% of their portfolio Troy, MI 305,601305.6k $13.8m $13.8m 2.19% Added +31.4k +31,400
59 Allen Capital Group, LLC 1.23% of their portfolio GRAND ISLAND, NE 302,550302.6k $13.7m $13.7m 1.23% Added +28.6k +28,617
60 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 302,480302.5k $13.7m $13.7m 0.04% Reduced -21.9k -21,937
61 Fourth Dimension Wealth, LLC 4.64% of their portfolio MIDDLEBURG HEIGHTS, OH 271,035271.0k $12.2m $12.2m 4.64% Added +6.4k +6,442
62 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 258,569258.6k $11.7m $11.7m 0.03% Reduced -61.1k -61,083
63 ROSENBLUM SILVERMAN SUTTON S F INC /CA 2.96% of their portfolio SAN FRANCISCO, CA 250,615250.6k $11.3m $11.3m 2.96% Added +11.4k +11,450
64 Sage Advisory Services, Ltd.Co. 5.88% of their portfolio AUSTIN, TX 237,532237.5k $10.7m $10.7m 5.88% Added +6.3k +6,289
65 VERUS CAPITAL PARTNERS, LLC 0.72% of their portfolio SCOTTSDALE, AZ 231,737231.7k $10.5m $10.5m 0.72% Added +213.0k +213,012
66 True North Advisors, LLC 1.17% of their portfolio Dallas, TX 226,739226.7k $10.2m $10.2m 1.17% Added +1.4k +1,404
67 Englebert Financial Advisers, LLC 10.85% of their portfolio Allentown, PA 211,241211.2k $9.5m $9.5m 10.85% Added +21.3k +21,269
68 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 208,017208.0k $9.4m $9.4m 0.01% Added +750 +750
69 WESPAC Advisors SoCal, LLC 1.89% of their portfolio Pasadena, CA 197,015197.0k $8.9m $8.9m 1.89% Added +29.9k +29,897
70 Seed Wealth Management, Inc. 5.32% of their portfolio EVANSTON, IL 171,079171.1k $7.7m $7.7m 5.32% Reduced -573 -573
71 GENESIS PRIVATE WEALTH, LLC 2.39% of their portfolio ASHBURN, VA 168,172168.2k $7.6m $7.6m 2.39% Added +1.7k +1,655
72 Symphony Financial Services, Inc. 3.90% of their portfolio AKRON, OH 168,065168.1k $7.6m $7.6m 3.90% Reduced -749 -749
73 NewEdge Wealth, LLC 0.09% of their portfolio STAMFORD, CT 165,104165.1k $7.5m $7.5m 0.09% New
74 Cornerstone Wealth Group, LLC 0.46% of their portfolio HUNTERSVILLE, NC 158,383158.4k $7.2m $7.2m 0.46% Added +13.1k +13,122
75 Meridian Wealth Management, LLC 0.25% of their portfolio LEXINGTON, KY 153,802153.8k $6.9m $6.9m 0.25% Added +17.6k +17,612
76 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 151,732151.7k $6.9m $6.9m 0.03% Added +147.4k +147,419
77 Prasad Wealth Partners, LLC 1.78% of their portfolio INDEPENDENCE, OH 144,355144.4k $6.5m $6.5m 1.78% Added +12.5k +12,510
78 IVC Wealth Advisors LLC 2.80% of their portfolio SILVERDALE, PA 142,840142.8k $6.5m $6.5m 2.80% Added +9.5k +9,536
79 MONECO ADVISORS, LLC 0.49% of their portfolio FAIRFIELD, CT 139,226139.2k $6.3m $6.3m 0.49% Reduced -4.0k -3,986
80 Ancora Advisors LLC 0.13% of their portfolio Cleveland, OH 138,682138.7k $6.3m $6.3m 0.13% Reduced -3.8k -3,841
81 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 138,124138.1k $6.2m $6.2m 0.00% Reduced -17.2k -17,203
82 Unique Wealth Strategies, LLC 2.39% of their portfolio BURR RIDGE, IL 129,038129.0k $5.8m $5.8m 2.39% Added +6.9k +6,947
83 Rothschild Wealth LLC 0.46% of their portfolio OAK BROOK, IL 113,440113.4k $5.1m $5.1m 0.46% Added +8.7k +8,738
84 HEADINVEST, LLC 0.93% of their portfolio Portland, ME 100,576100.6k $4.5m $4.5m 0.93% Added +14.7k +14,660
85 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 99,57499.6k $4.5m $4.5m 0.02% Added +6.3k +6,327
86 BAILARD, INC. 0.10% of their portfolio Foster City, CA 98,52098.5k $4.5m $4.5m 0.10% Added +1.8k +1,759
87 FDx Advisors, Inc. 1.39% of their portfolio BERWYN, PA 96,49396.5k $4.4m $4.4m 1.39% New
88 OLD MISSION CAPITAL LLC 0.10% of their portfolio CHICAGO, IL 95,99496.0k $4.3m $4.3m 0.10% Added +87.0k +86,966
89 FLP Wealth Management, LLC 8.91% of their portfolio BENTONVILLE, AR 95,74395.7k $4.3m $4.3m 8.91% New
90 Transamerica Financial Advisors, LLC 0.36% of their portfolio CEDAR RAPIDS, IA 92,72992.7k $4.2m $4.2m 0.36% Reduced -4.1k -4,080
91 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 91,77591.8k $4.1m $4.1m 0.01% Added +57.2k +57,151
92 Brown Financial Advisors 1.57% of their portfolio MILFORD, OH 91,58391.6k $4.1m $4.1m 1.57% Reduced -2.9k -2,942
93 Destiny Wealth Partners, LLC 0.44% of their portfolio TAVARES, FL 88,28988.3k $4.0m $4.0m 0.44% Added +656 +656
94 Lionshead Wealth Management, LLC 2.87% of their portfolio New York, NY 85,94685.9k $3.9m $3.9m 2.87% Added +15.5k +15,511
95 VestGen Advisors, LLC 0.11% of their portfolio CHICAGO, IL 85,39985.4k $3.9m $3.9m 0.11% Added +32.2k +32,217
96 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 83,43883.4k $3.8m $3.8m 0.02% Reduced -64.6k -64,551
97 Paladin Wealth, LLC 2.52% of their portfolio ARDEN HILLS, MN 81,02981.0k $3.7m $3.7m 2.52% Added +2.2k +2,162
98 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 80,14980.1k $3.6m $3.6m 0.00% New
99 Three Magnolias Financial Advisors, LLC 2.28% of their portfolio WINSTON-SALEM, NC 79,18379.2k $3.6m $3.6m 2.28% Added +188 +188
100 SHEPHERD KAPLAN KROCHUK, LLC 3.00% of their portfolio Boston, MA 79,01679.0k $3.6m $3.6m 3.00% Reduced -5.5k -5,470