JMBS JANUS HENDERSON MORTG BACKED
FUND
CUSIP: 47103U852
FIGI: BBG00LYBQRR4
Institutional Holders269
Total Institutional Value$6,263,793,669
Total Shares Held139,930,035
Avg Position$23,285,478
Top 5 Holders %56.6%
Alpha-Weighted Score65.4
New Positions+43
Exited Positions-23
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| MORGAN STANLEY | Moderate Conviction | Market Mover | $1,161,099,091 (18.5%) | 25,412,542 | 19.4% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $987,388,223 (15.8%) | 21,610,598 | -26.4% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $837,409,278 (13.4%) | 18,328,065 | -50.0% |
| RICHARD BERNSTEIN ADVISORS LLC | Elite Conviction | Low Flow | $406,058,444 (6.5%) | 8,887,247 | - |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $156,095,271 (2.5%) | 3,416,401 | -2.2% |
| RITTENHOUSE TRUST CO | High Conviction | Moderate Flow | $146,831,954 (2.3%) | 3,213,656 | 13.8% |
| OSAIC HOLDINGS, INC. | Moderate Conviction | Market Mover | $140,862,539 (2.2%) | 3,083,006 | -5.3% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $138,359,354 (2.2%) | 3,028,220 | -2.6% |
| COLONY GROUP, LLC | High Conviction | Significant Flow | $128,206,258 (2.0%) | 2,806,002 | NEW |
| UBS Group AG | Moderate Conviction | Market Mover | $107,989,685 (1.7%) | 2,363,530 | 14.6% |
| GRADIENT INVESTMENTS LLC | High Conviction | Moderate Flow | $101,761,039 (1.6%) | 2,227,206 | 4.2% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $94,960,000 (1.5%) | 2,078,364 | -44.0% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $86,588,762 (1.4%) | 1,893,478 | 693.0% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $86,180,949 (1.4%) | 1,886,211 | 7.1% |
| MODERN WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $79,628,389 (1.3%) | 1,742,797 | -22.3% |
| PALLAS CAPITAL ADVISORS LLC | High Conviction | Low Flow | $75,264,886 (1.2%) | 1,647,295 | 11.8% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $71,398,881 (1.1%) | 1,562,681 | 7.4% |
| MADISON ASSET MANAGEMENT, LLC | High Conviction | Moderate Flow | $69,998,344 (1.1%) | 1,532,028 | -6.6% |
| PARALLEL ADVISORS, LLC | High Conviction | Moderate Flow | $68,873,922 (1.1%) | 1,507,417 | 5.5% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $55,955,250 (0.9%) | 1,224,672 | -2.9% |
| CAPITAL ADVISORS INC/OK | High Conviction | Moderate Flow | $48,950,297 (0.8%) | 1,071,357 | - |
| DIVERGENT PLANNING, LLC | Elite Conviction | Minimal Flow | $41,845,471 (0.7%) | 918,067 | -45.2% |
| GARRETT INVESTMENT ADVISORS LLC | High Conviction | Low Flow | $40,196,143 (0.6%) | 879,758 | 4.0% |
| ALPHACORE CAPITAL LLC | High Conviction | Moderate Flow | $37,737,029 (0.6%) | 825,936 | 18,854.4% |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $33,966,369 (0.5%) | 743,409 | 4.3% |
| TRUIST FINANCIAL CORP | High Conviction | Significant Flow | $32,354,676 (0.5%) | 708,135 | 8.8% |
| KWB WEALTH | High Conviction | Low Flow | $31,550,641 (0.5%) | 690,537 | 721.6% |
| INTEGRYS WEALTH ADVISORS LLC | High Conviction | Minimal Flow | $29,868,572 (0.5%) | 653,722 | 97.9% |
| CORIENT PRIVATE WEALTH LLC | High Conviction | Market Mover | $28,821,063 (0.5%) | 888,078 | -80.6% |
| ALBION MANAGEMENT GROUP/UT | High Conviction | Low Flow | $28,503,820 (0.5%) | 623,852 | 4.4% |
| ARVEST INVESTMENTS, INC. | High Conviction | Low Flow | $27,801,849 (0.4%) | 608,488 | - |
| GUGGENHEIM CAPITAL LLC | High Conviction | Significant Flow | $27,774,174 (0.4%) | 607,883 | 12.2% |
| TOWNELEY CAPITAL MANAGEMENT, INC / DE | High Conviction | Minimal Flow | $27,334,590 (0.4%) | 598,262 | - |
| GREAT VALLEY ADVISOR GROUP, INC. | High Conviction | Moderate Flow | $27,261,957 (0.4%) | 596,680 | 11.3% |
| HORIZON INVESTMENTS, LLC | High Conviction | Moderate Flow | $25,184,328 (0.4%) | 551,200 | 2.2% |
| LEGACY PRIVATE TRUST CO. | High Conviction | Low Flow | $24,899,359 (0.4%) | 544,963 | 14.7% |
| ROCKEFELLER CAPITAL MANAGEMENT L.P. | High Conviction | Market Mover | $23,000,313 (0.4%) | 503,399 | 18.1% |
| KESTRA INVESTMENT MANAGEMENT, LLC | High Conviction | Low Flow | $22,942,228 (0.4%) | 502,128 | 18.1% |
| SAGE MOUNTAIN ADVISORS LLC | High Conviction | Low Flow | $21,377,751 (0.3%) | 467,887 | 4.8% |
| ALLGEN FINANCIAL ADVISORS, INC. | High Conviction | Minimal Flow | $20,545,806 (0.3%) | 449,678 | 39.5% |
| LEO WEALTH, LLC | High Conviction | Low Flow | $19,845,265 (0.3%) | 434,248 | 178.1% |
| FINANCIAL ENHANCEMENT GROUP LLC | High Conviction | Minimal Flow | $19,216,323 (0.3%) | 419,204 | - |
| SEABRIDGE INVESTMENT ADVISORS LLC | High Conviction | Low Flow | $18,924,570 (0.3%) | 414,195 | -4.0% |
| STANSBERRY ASSET MANAGEMENT, LLC | High Conviction | Low Flow | $18,141,396 (0.3%) | 397,054 | 95.3% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $17,400,637 (0.3%) | 380,847 | 558.9% |
| ASIO CAPITAL, LLC | High Conviction | Minimal Flow | $16,050,760 (0.3%) | 351,297 | 4.7% |
| INSIGHT WEALTH STRATEGIES, LLC | High Conviction | Minimal Flow | $16,030,597 (0.3%) | 350,856 | NEW |
| GOELZER INVESTMENT MANAGEMENT, INC. | High Conviction | Low Flow | $14,894,550 (0.2%) | 325,991 | 4.4% |
| BLUE EDGE CAPITAL, LLC | High Conviction | Minimal Flow | $14,869,823 (0.2%) | 325,450 | 3.8% |
| ENVESTNET PORTFOLIO SOLUTIONS, INC. | High Conviction | Moderate Flow | $14,733,490 (0.2%) | 322,466 | - |
| MML INVESTORS SERVICES, LLC | High Conviction | Significant Flow | $14,604,903 (0.2%) | 319,652 | -5.8% |
| FOCUSED WEALTH MANAGEMENT, INC | Elite Conviction | Low Flow | $13,329,213 (0.2%) | 291,732 | 10.6% |
| SEVEN MILE ADVISORY | High Conviction | Low Flow | $12,582,385 (0.2%) | 275,386 | 7.0% |
| SECURE ASSET MANAGEMENT, LLC | High Conviction | Low Flow | $12,528,253 (0.2%) | 274,201 | 5.7% |
| ALLEN CAPITAL GROUP, LLC | High Conviction | Low Flow | $12,515,999 (0.2%) | 273,933 | 8.2% |
| Fourth Dimension Wealth, LLC | High Conviction | Minimal Flow | $12,089,228 (0.2%) | 264,593 | 3.2% |
| ROSENBLUM SILVERMAN SUTTON S F INC /CA | High Conviction | Minimal Flow | $10,927,449 (0.2%) | 239,165 | 20.7% |
| SAGE ADVISORY SERVICES, LTD.CO. | High Conviction | Minimal Flow | $10,565,000 (0.2%) | 231,243 | 23.4% |
| PICTET NORTH AMERICA ADVISORS SA | High Conviction | Low Flow | $10,381,819 (0.2%) | 227,223 | -35.1% |
| TRUE NORTH ADVISORS, LLC | High Conviction | Low Flow | $10,295,553 (0.2%) | 225,335 | NEW |
| SENTINUS, LLC | Moderate Conviction | Low Flow | $9,567,688 (0.2%) | 209,404 | 126.8% |
| PNC FINANCIAL SERVICES GROUP, INC. | High Conviction | Market Mover | $9,470,037 (0.2%) | 207,267 | -4.5% |
| VESTMARK ADVISORY SOLUTIONS, INC. | High Conviction | Moderate Flow | $8,276,612 (0.1%) | 181,147 | NEW |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $7,867,133 (0.1%) | 172,185 | 6.4% |
| SEED WEALTH MANAGEMENT, INC. | High Conviction | Minimal Flow | $7,842,767 (0.1%) | 171,652 | 14.8% |
| MOUNT YALE INVESTMENT ADVISORS, LLC | High Conviction | Moderate Flow | $7,811,983 (0.1%) | 170,978 | - |
| SYMPHONY FINANCIAL SERVICES, INC. | High Conviction | Minimal Flow | $7,713,122 (0.1%) | 168,814 | - |
| WESPAC ADVISORS SOCAL, LLC | High Conviction | Minimal Flow | $7,635,621 (0.1%) | 167,118 | 5.7% |
| GENESIS PRIVATE WEALTH, LLC | High Conviction | Minimal Flow | $7,608,141 (0.1%) | 166,517 | 13.4% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $7,096,891 (0.1%) | 155,327 | 1,115.0% |
| CORNERSTONE WEALTH GROUP, LLC | High Conviction | Low Flow | $6,636,993 (0.1%) | 145,261 | 5.9% |
| MONECO ADVISORS, LLC | High Conviction | Low Flow | $6,543,379 (0.1%) | 143,212 | 14.8% |
| ANCORA ADVISORS, LLC | High Conviction | Moderate Flow | $6,511,867 (0.1%) | 142,523 | 24.1% |
| MERIDIAN WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $6,222,521 (0.1%) | 136,190 | NEW |
| IVC WEALTH ADVISORS LLC | High Conviction | Minimal Flow | $6,090,664 (0.1%) | 133,304 | 6.4% |
| Prasad Wealth Partners, LLC | High Conviction | Minimal Flow | $6,024,006 (0.1%) | 131,845 | NEW |
| TRANSAMERICA FINANCIAL ADVISORS, INC. | High Conviction | Moderate Flow | $4,423,200 (0.1%) | 96,809 | -3.9% |
| BAILARD, INC. | High Conviction | Moderate Flow | $4,421,010 (0.1%) | 96,761 | 30.0% |
| BROWN FINANCIAL ADVISORS | High Conviction | Minimal Flow | $4,318,847 (0.1%) | 94,525 | - |
| KESTRA ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $4,260,459 (0.1%) | 93,247 | 29.5% |
| RWM ASSET MANAGEMENT, LLC | High Conviction | Low Flow | $4,027,613 (0.1%) | 87,633 | - |
| HEADINVEST, LLC | High Conviction | Low Flow | $3,925,502 (0.1%) | 85,916 | 203.9% |
| SHEPHERD KAPLAN KROCHUK, LLC | High Conviction | Minimal Flow | $3,860,165 (0.1%) | 84,486 | 6.5% |
| Three Magnolias Financial Advisors, LLC | High Conviction | Minimal Flow | $3,609,282 (0.1%) | 78,995 | -59.6% |
| Paladin Wealth, LLC | High Conviction | Minimal Flow | $3,603,433 (0.1%) | 78,867 | - |
| COMERICA BANK | High Conviction | Significant Flow | $3,478,144 (0.1%) | 76,125 | - |
| ATRIA INVESTMENTS, INC | High Conviction | Significant Flow | $3,380,754 (0.1%) | 73,993 | -5.0% |
| WAVERLY ADVISORS, LLC | High Conviction | Significant Flow | $3,289,748 (0.1%) | 72,001 | 25.9% |
| VIAWEALTH, LLC | High Conviction | Minimal Flow | $3,271,251 (0.1%) | 71,597 | 198.2% |
| WESTWOOD WEALTH MANAGEMENT | Moderate Conviction | Minimal Flow | $3,218,194 (0.1%) | 70,435 | NEW |
| Lionshead Wealth Management, LLC | High Conviction | Minimal Flow | $3,218,194 (0.1%) | 70,435 | 48.7% |
| STERNECK CAPITAL MANAGEMENT, LLC | High Conviction | Minimal Flow | $2,737,471 (0.0%) | 59,914 | 4.5% |
| MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | High Conviction | Significant Flow | $2,695,710 (0.0%) | 59,000 | - |
| MACROVIEW INVESTMENT MANAGEMENT LLC | High Conviction | Minimal Flow | $2,531,125 (0.0%) | 55,398 | -2.2% |
| FOUNDERS FINANCIAL SECURITIES LLC | High Conviction | Low Flow | $2,489,661 (0.0%) | 54,490 | - |
| VestGen Advisors, LLC | Moderate Conviction | Moderate Flow | $2,429,886 (0.0%) | 53,182 | 8.8% |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC | High Conviction | Low Flow | $2,395,207 (0.0%) | 52,423 | -31.0% |
| NORTHWEST FINANCIAL ADVISORS | High Conviction | Minimal Flow | $2,372,001 (0.0%) | 51,915 | 23.0% |
| EHRLICH FINANCIAL GROUP | High Conviction | Minimal Flow | $2,359,495 (0.0%) | 51,641 | -2.4% |
| HARBOR INVESTMENT ADVISORY, LLC | High Conviction | Moderate Flow | $2,287,287 (0.0%) | 50,061 | 16.8% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 261 | $6.27B | 140,072,558 | $44.76 |
| Q3 25 | 227 | $7.20B | 160,329,418 | $44.88 |
| Q2 25 | 212 | $4.99B | 113,382,762 | $44.05 |
| Q1 25 | 220 | $4.84B | 109,760,553 | $44.05 |
| Q4 24 | 212 | $5.48B | 126,289,381 | $43.38 |
| Q3 24 | 200 | $5.34B | 117,184,292 | $45.57 |
| Q2 24 | 196 | $4.81B | 109,602,133 | $43.89 |
| Q1 24 | 169 | $4.32B | 97,609,096 | $44.25 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.