Janus Henderson B-BBB CLO

JBBB • BATS

Janus Henderson B-BBB CLO is an exchange-traded fund on BATS. As of Q3 2025, 185 institutional investors hold shares in this ETF, with total holdings valued at $727.9M. Corebridge Financial, Inc. is the largest holder with a position valued at $54.2M.

Overview

Overview of institutional ownership in JBBB as of Q3 2025

All Institutions

Institutions: 185
Value Held: $727.9M
Shares Held: 15.1M
Avg Position: $3.9M
Median Position: $907.2K

Hedge Funds

Hedge Funds: 10
Value Held: $111.0M
Shares Held: 2.3M
Avg Position: $11.1M
Median Position: $3.0M

Biggest Investors

Institutions with the largest positions in JBBB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Corebridge Financial, Inc. Hedge Fund•Value	Joshua David Ayers Managing Partner	$54.2M 2.92% of portfolio	1.1M shares	Q3 2025 Held for 2 months	$1.9B
L LPL Financial LLC Institution	-	$53.6M 0.02% of portfolio	1.1M shares	Q1 2023 Held for 2y 8m	$340.07B
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$39.9M 0.02% of portfolio	828.5K shares	Q4 2024 Held for 11 months	$218.74B
C CacheTech Inc. Hedge Fund•Multi-Strategy	Patrick Cormac Murphy CEO	$32.7M 6.97% of portfolio	678.1K shares	Q2 2024 Held for 1y 5m	$468.6M
A Adams Wealth Management Institution	-	$31.4M 7.14% of portfolio	652.8K shares	Q3 2023 Held for 2y 2m	$440.7M
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$29.3M 0.00% of portfolio	607.6K shares	Q2 2025 Held for 5 months	$691.34B
Pathstone Holdings, LLC Family Office	Matthew Jacob Fleissig CEO	$26.8M 0.10% of portfolio	556.3K shares	Q2 2024 Held for 1y 5m	$26.2B
Pallas Capital Advisors LLC RIA/Wealth	Richard Sholes Mullen CEO	$21.0M 0.77% of portfolio	435.9K shares	Q3 2023 Held for 2y 2m	$2.7B
T Tower Research Capital LLC Institution	-	$17.6M 0.49% of portfolio	364.7K shares	Q1 2025 Held for 8 months	$3.6B
UBS Group AG Institution	Sergio P. Ermotti CEO	$17.5M 0.00% of portfolio	363.0K shares	Q1 2023 Held for 2y 8m	$511.54B

Net Capital Flow

Institutional buying and selling activity for JBBB in Q3 2025

Traded: +$98.3M
Buyers: 133
Sellers: 59
Total Bought: +$228.3M
Total Sold: −$129.9M
Avg Position: $3.5M

Biggest Buyers

Institution	Net Bought	Current Position
Corebridge Financial, Inc. Hedge Fund•Value	+$54.2M +1.1M shares	$54.2M 1.1M shares
HENDERSON GROUP PLC Institution	+$39.9M +828.5K shares	$39.9M 828.5K shares
T Tower Research Capital LLC Institution	+$15.0M +311.8K shares	$17.6M 364.7K shares
GOLDMAN SACHS GROUP INC Institution	+$11.8M +245.9K shares	$29.3M 607.6K shares
MORGAN STANLEY RIA/Wealth	+$9.0M +185.8K shares	$9.1M 188.0K shares
AMERIPRISE FINANCIAL INC Institution	+$8.2M +170.8K shares	$9.0M 186.9K shares
Summit Financial, LLC RIA/Wealth	+$7.8M +162.0K shares	$7.8M 162.0K shares
Toroso Investments, LLC ETF Provider	+$5.8M +120.1K shares	$5.8M 120.1K shares
CV Advisors LLC Family Office	+$4.9M +102.6K shares	$4.9M 102.6K shares
CITIGROUP INC Institution	+$4.8M +100.0K shares	$4.8M 100.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Wright Fund Managment, LLC Long Only Manager	−$23.4M −481.1K shares	Sold Off 0 shares
S State of New Jersey Common Pension Fund D Institution	−$22.0M −456.9K shares	Sold Off 0 shares
C CacheTech Inc. Hedge Fund•Multi-Strategy	−$19.2M −399.6K shares	$32.7M 678.1K shares
A Adams Wealth Management Institution	−$19.2M −397.7K shares	$31.4M 652.8K shares
J JANE STREET GROUP, LLC Institution	−$12.2M −252.7K shares	$13.4M 278.7K shares
L LPL Financial LLC Institution	−$7.2M −149.6K shares	$53.6M 1.1M shares
FLAGSHIP HARBOR ADVISORS, LLC RIA/Wealth	−$5.1M −106.3K shares	Sold Off 0 shares
W WESPAC Advisors SoCal, LLC Institution	−$3.0M −61.7K shares	Sold Off 0 shares
Invesco Ltd. ETF Provider	−$2.8M −57.8K shares	$17.5M 362.6K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$2.4M −50.2K shares	$976.4K 20.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited JBBB in Q3 2025

New Positions: 28
New Value: $95.5M
Exited Positions: 22
Exited Value: $58.5M

New Positions

Institution	Position Value
Corebridge Financial, Inc. Hedge Fund•Value	$54.2M 1.1M shares
Summit Financial, LLC RIA/Wealth	$7.8M 162.0K shares
Toroso Investments, LLC ETF Provider	$5.8M 120.1K shares
CV Advisors LLC Family Office	$4.9M 102.6K shares
CITIGROUP INC Institution	$4.8M 100.0K shares
T TCG Advisory Services, LLC RIA/Wealth	$4.7M 98.4K shares
Continuum Advisory, LLC RIA/Wealth	$4.1M 85.6K shares
FRANKLIN RESOURCES INC Institution	$3.6M 73.9K shares
D DELPHI FINANCIAL GROUP INC/DE Institution	$1.2M 25.0K shares
Sigma Planning Corp RIA/Wealth	$718.7K 14.9K shares

Exited Positions

Institution	Previous Position
Wright Fund Managment, LLC Long Only Manager	$23.4M 481.1K shares
S State of New Jersey Common Pension Fund D Institution	$22.0M 456.9K shares
FLAGSHIP HARBOR ADVISORS, LLC RIA/Wealth	$5.1M 106.3K shares
W WESPAC Advisors SoCal, LLC Institution	$3.0M 61.7K shares
3EDGE Asset Management, LP Long Only Manager	$1.2M 24.0K shares
TOWNSQUARE CAPITAL LLC RIA/Wealth	$892.5K 18.5K shares
Integrys Wealth Advisors LLC RIA/Wealth	$682.8K 14.2K shares
TOUNJIAN ADVISORY PARTNERS, LLC Family Office	$532.0K 10.9K shares
Modern Wealth Management, LLC RIA/Wealth	$446.0K 9.3K shares
F Freestate Advisors LLC Institution	$294.9K 6.1K shares

Options Activity

Institutions with the largest Call and Put options positions in JBBB as of Q3 2025

Call Positions: 2
Call Value: $4.6M
Put Positions: 4
Put Value: $8.3M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.3M 898.0 contracts
W WOLVERINE TRADING, LLC Institution	$289.1K 60.0 contracts

Put Positions

Institution	Position Value
B BlackRock, Inc. Institution	$6.0M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.2M 256.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.0M 209.0 contracts
QVT Financial LP Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with JBBB as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T TT Capital Management LLC Institution	-	10.58% $13.8M	287.5K shares	Q4 2024 Held for 11 months	$130.9M
A Adams Wealth Management Institution	-	7.14% $31.4M	652.8K shares	Q3 2023 Held for 2y 2m	$440.7M
C CacheTech Inc. Hedge Fund•Multi-Strategy	Patrick Cormac Murphy CEO	6.97% $32.7M	678.1K shares	Q2 2024 Held for 1y 5m	$468.6M
EPIQ PARTNERS, LLC RIA/Wealth	Bruce Jeffrey Langer CEO	5.76% $11.8M	245.3K shares	Q1 2022 Held for 3y 8m	$205.1M
WT Wealth Management RIA/Wealth	John Kenneth Heilner CIO	3.24% $11.2M	232.2K shares	Q2 2024 Held for 1y 5m	$344.9M
Corebridge Financial, Inc. Hedge Fund•Value	Joshua David Ayers Managing Partner	2.92% $54.2M	1.1M shares	Q3 2025 Held for 2 months	$1.9B
SSI INVESTMENT MANAGEMENT INC Hedge Fund•Convert Bond Arb	Syed Fazal Mehdi President	2.76% $8.0M	165.7K shares	Q2 2025 Held for 5 months	$289.0M
Hidden Cove Wealth Management, LLC RIA/Wealth	Ashley Kristin Goggins CCO	2.60% $3.9M	81.7K shares	Q1 2025 Held for 8 months	$151.4M
Keeler THomas Management LLC RIA/Wealth	Cary Wasden Managing Partner	2.44% $5.6M	116.7K shares	Q2 2025 Held for 5 months	$229.9M
R RWM Asset Management, LLC RIA/Wealth	Thomas Huey Ruggie Managing Partner	1.63% $13.3M	276.0K shares	Q4 2023 Held for 1y 11m	$815.9M

Hedge Fund Spotlight

Discover hedge funds investing in JBBB

EAGLE GLOBAL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJohn Fernando Gualy

Portfolio Value: $2.6B
Positions: 275
Last Reported: Q3 2025

Sector Allocation

Position in Janus Henderson B-BBB CLO

Market Value: $717.3K
Shares Held: 14.9K
Portfolio Weight: 0.03%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Apple AAPL	Consumer Electronics Technology	$273.0M	10.46%
2 Energy Transfer ET	Oil & Gas Midstream Energy	$111.0M	4.25%
3 MPLX MPLX	Oil & Gas Midstream Energy	$96.8M	3.71%