Janus Henderson Group Portfolio
Janus Henderson Group 13F filer (CIK 0001274173).
Q1 2026 · 2367 positions · Total reported value $200.97B · Top-10 concentration 30.7%
Turnover: 32.7% · 76 new · 621 cut · 113 exited
Active Share (vs S&P 500): 48.1% · vs QQQ: 63.7% — share of the book that differs from index weights (higher = more active) · ranking
In its Q1 2026 13F filing, Janus Henderson Group disclosed 2367 equity positions with a combined reported value of $200.97B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 30.7% of reported value. HoldingsHub classifies the profile as Mega / Technology Tilt / High Turnover.
The largest disclosed positions as of Q1 2026 were NVDA ($14.42B), MSFT ($8.81B), AAPL ($6.80B). By sector, the heaviest allocations are Technology 39.0%, Health Care 18.9%. Versus the prior quarter, allocation shifted toward Health Care (+1.3pp), Energy (+0.9pp) and away from Consumer Discretionary (-0.9pp), Financials (-1.1pp).
Versus the prior quarter, Janus Henderson Group opened 76 new positions, trimmed 621 and fully exited 113, a turnover rate of 32.7% of positions. The portfolio's overlap with the prior quarter was 92% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 83.02M | $14.42B | 7.17% | Hold |
| 2 | MSFT | MICROSOFT CORP | 23.88M | $8.81B | 4.38% | Reduce |
| 3 | AAPL | APPLE INC | 26.92M | $6.80B | 3.39% | Reduce |
| 4 | GOOG | ALPHABET INC | 23.78M | $6.80B | 3.38% | Reduce |
| 5 | AMZN | AMAZON COM INC | 28.98M | $6.00B | 2.98% | Reduce |
| 6 | AVGO | BROADCOM INC | 19.35M | $5.96B | 2.97% | Reduce |
| 7 | LLY | ELI LILLY & CO | 4.35M | $3.98B | 1.98% | Reduce |
| 8 | META | META PLATFORMS INC. CLASS A | 6.92M | $3.94B | 1.96% | Add |
| 9 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 7.92M | $2.65B | 1.32% | Reduce |
| 10 | AZN | ASTRAZENECA PLC | 11.95M | $2.32B | 1.15% | Add |
| 11 | MA | MASTERCARD INCORPORATED | 4.57M | $2.27B | 1.13% | Reduce |
| 12 | LRCX | LAM RESEARCH CORP | 9.27M | $1.98B | 0.98% | Add |
| 13 | JNJ | JOHNSON & JOHNSON | 7.87M | $1.92B | 0.96% | Add |
| 14 | ARGX | ARGENX SE | 2.54M | $1.85B | 0.92% | Add |
| 15 | KLAC | KLA CORP | 1.24M | $1.83B | 0.91% | Reduce |
| 16 | ETN | EATON CORP PLC | 5.09M | $1.81B | 0.90% | Add |
| 17 | HWM | HOWMET AEROSPACE INC | 7.76M | $1.77B | 0.88% | Reduce |
| 18 | ORCL | ORACLE CORP | 12.05M | $1.75B | 0.87% | Reduce |
| 19 | ABBV | ABBVIE INC | 6.93M | $1.51B | 0.75% | Add |
| 20 | NFLX | NETFLIX INC. | 14.88M | $1.43B | 0.71% | Add |
| 21 | FERG | FERGUSON ENTERPRISES INC | 6.11M | $1.42B | 0.71% | Add |
| 22 | V | VISA INC | 4.49M | $1.36B | 0.68% | Add |
| 23 | FLEX | FLEX LTD | 20.62M | $1.35B | 0.67% | Reduce |
| 24 | GEV | GE VERNOVA INC | 1.52M | $1.32B | 0.66% | Add |
| 25 | MU | MICRON TECHNOLOGY INC | 3.88M | $1.31B | 0.65% | Add |
| 26 | JPM | JPMORGAN CHASE & CO | 4.18M | $1.23B | 0.61% | Hold |
| 27 | APH | AMPHENOL CORP | 9.46M | $1.20B | 0.59% | Reduce |
| 28 | DASH | DOORDASH INC | 7.76M | $1.16B | 0.58% | Add |
| 29 | BKNG | BOOKING HOLDINGS INC. | 270.02K | $1.14B | 0.57% | Reduce |
| 30 | LPLA | LPL FINL HLDGS INC | 3.67M | $1.10B | 0.55% | Add |
| 31 | MELI | MERCADOLIBRE INC | 614.24K | $1.06B | 0.53% | Add |
| 32 | TTE | TOTALENERGIES SE | 11.35M | $1.06B | 0.53% | Add |
| 33 | MDGL | MADRIGAL PHARMACEUTICALS INC | 2.02M | $1.05B | 0.52% | Add |
| 34 | BSX | BOSTON SCIENTIFIC CORP | 16.50M | $1.04B | 0.52% | Add |
| 35 | UNH | UNITEDHEALTH GROUP INCORPORATED | 3.69M | $991.45M | 0.49% | Add |
| 36 | ICE | INTERCONTINENTAL EXCHANGE IN | 6.32M | $987.71M | 0.49% | Reduce |
| 37 | BBIO | BRIDGEBIO PHARMA INC | 13.18M | $978.61M | 0.49% | Add |
| 38 | PCVX | VAXCYTE INC | 16.58M | $960.23M | 0.48% | Add |
| 39 | VRTX | VERTEX PHARMACEUTICALS INCORPORATED | 2.13M | $951.79M | 0.47% | Reduce |
| 40 | RVMD | REVOLUTION MEDICINES INC | 9.77M | $949.54M | 0.47% | Reduce |
| 41 | APG | API GROUP CORP | 23.37M | $946.85M | 0.47% | Add |
| 42 | PGR | PROGRESSIVE CORP | 4.73M | $937.96M | 0.47% | Reduce |
| 43 | TDY | TELEDYNE TECHNOLOGIES INC | 1.55M | $935.15M | 0.47% | Reduce |
| 44 | GE | GE AEROSPACE | 3.26M | $926.11M | 0.46% | Reduce |
| 45 | FWONK | LIBERTY MEDIA CORP DEL | 10.88M | $925.30M | 0.46% | Add |
| 46 | GOOGL | ALPHABET INC | 3.08M | $885.39M | 0.44% | Add |
| 47 | CVX | CHEVRON CORPORATION | 4.18M | $865.18M | 0.43% | Reduce |
| 48 | ON | ON SEMICONDUCTOR CORP | 13.70M | $848.39M | 0.42% | Add |
| 49 | INTU | INTUIT | 1.96M | $848.04M | 0.42% | Reduce |
| 50 | JBHT | HUNT J B TRANS SVCS INC | 3.98M | $842.70M | 0.42% | Add |