Janus Henderson Short Duration Income

VNLA • ARCA

Janus Henderson Short Duration Income is an exchange-traded fund on ARCA. As of Q3 2025, 202 institutional investors hold shares in this ETF, with total holdings valued at $2.0B. AE Wealth Management LLC is the largest holder with a position valued at $351.1M.

Overview

Overview of institutional ownership in VNLA as of Q3 2025

All Institutions

Institutions: 202
Value Held: $2.0B
Shares Held: 41.1M
Avg Position: $10.0M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 2
Value Held: $10.4M
Shares Held: 210.2K
Avg Position: $5.2M
Median Position: $5.2M

Biggest Investors

Institutions with the largest positions in VNLA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$351.1M 2.30% of portfolio	7.1M shares	Q2 2023 Held for 2y 5m	$15.2B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$308.4M 0.02% of portfolio	6.3M shares	Q4 2022 Held for 2y 11m	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$202.9M 0.02% of portfolio	4.1M shares	Q4 2022 Held for 2y 11m	$1.33T
L LPL Financial LLC Institution	-	$146.2M 0.04% of portfolio	3.0M shares	Q4 2022 Held for 2y 11m	$340.07B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$105.7M 0.02% of portfolio	2.1M shares	Q4 2022 Held for 2y 11m	$488.50B
Private Advisor Group, LLC RIA/Wealth	Franklin R Smith CEO	$69.2M 0.34% of portfolio	1.4M shares	Q4 2022 Held for 2y 11m	$20.3B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$56.9M 0.02% of portfolio	1.2M shares	Q4 2024 Held for 11 months	$310.43B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$54.1M 0.06% of portfolio	1.1M shares	Q4 2022 Held for 2y 11m	$85.4B
K Kensington Asset Management, LLC Institution	Brian Matthew Weisenberger Managing Partner	$51.1M 3.06% of portfolio	1.0M shares	Q1 2025 Held for 8 months	$1.7B
Retirement Network RIA/Wealth	Andrew Ribelin Grider President	$38.4M 5.78% of portfolio	778.4K shares	Q3 2023 Held for 2y 2m	$663.7M

Net Capital Flow

Institutional buying and selling activity for VNLA in Q3 2025

Traded: +$94.1M
Buyers: 115
Sellers: 81
Total Bought: +$190.1M
Total Sold: −$96.0M
Avg Position: $9.3M

Biggest Buyers

Institution	Net Bought	Current Position
K Kensington Asset Management, LLC Institution	+$33.9M +687.1K shares	$51.1M 1.0M shares
WELLS FARGO & COMPANY/MN Institution	+$22.1M +448.7K shares	$105.7M 2.1M shares
MORGAN STANLEY RIA/Wealth	+$16.3M +330.3K shares	$308.4M 6.3M shares
AE Wealth Management LLC RIA/Wealth	+$15.4M +312.1K shares	$351.1M 7.1M shares
Ritter Daniher Financial Advisory LLC / DE RIA/Wealth	+$9.3M +188.2K shares	$17.4M 352.8K shares
BANK OF AMERICA CORP /DE/ Institution	+$9.3M +187.8K shares	$202.9M 4.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$8.6M +174.7K shares	$10.4M 210.1K shares
Auour Investments LLC RIA/Wealth	+$7.0M +142.1K shares	$7.0M 142.1K shares
L LPL Financial LLC Institution	+$5.8M +118.0K shares	$146.2M 3.0M shares
Geneos Wealth Management Inc. RIA/Wealth	+$5.8M +117.6K shares	$33.6M 681.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$27.1M −549.9K shares	Sold Off 0 shares
Private Advisor Group, LLC RIA/Wealth	−$14.1M −286.2K shares	$69.2M 1.4M shares
TOUNJIAN ADVISORY PARTNERS, LLC Family Office	−$7.6M −153.9K shares	$5.7M 115.0K shares
Blackston Financial Advisory Group, LLC RIA/Wealth	−$6.6M −134.3K shares	Sold Off 0 shares
Steward Partners Investment Advisory, LLC RIA/Wealth	−$4.9M −100.0K shares	$2.4M 49.0K shares
Friedenthal Financial RIA/Wealth	−$4.3M −86.6K shares	Sold Off 0 shares
Burford Brothers, Inc. RIA/Wealth	−$4.2M −85.1K shares	$9.0M 181.9K shares
Richmond Investment Services, LLC RIA/Wealth	−$2.2M −43.7K shares	$20.5M 416.9K shares
Sovereign Investment Advisors, LLC RIA/Wealth	−$2.1M −43.4K shares	$31.4M 638.0K shares
Kestra Advisory Services, LLC RIA/Wealth	−$2.0M −40.9K shares	$6.7M 136.1K shares

Entry and Exit Activity

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

New Positions: 14
New Value: $14.9M
Exited Positions: 15
Exited Value: $43.5M

New Positions

Institution	Position Value
Auour Investments LLC RIA/Wealth	$7.0M 142.1K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	$4.3M 87.3K shares
A American Trust Institution	$572.9K 11.6K shares
SMITHBRIDGE ASSET MANAGEMENT INC/DE RIA/Wealth	$533.9K 10.8K shares
Worth Asset Management, LLC RIA/Wealth	$486.1K 9.9K shares
Strategic Wealth Partners, Ltd. RIA/Wealth	$402.7K 8.2K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$314.6K 6.4K shares
Fortitude Advisory Group L.L.C. RIA/Wealth	$246.5K 5.0K shares
SYKON CAPITAL LLC RIA/Wealth	$246.5K 5.0K shares
Concorde Asset Management, LLC RIA/Wealth	$234.1K 4.8K shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$27.1M 549.9K shares
Blackston Financial Advisory Group, LLC RIA/Wealth	$6.6M 134.3K shares
Friedenthal Financial RIA/Wealth	$4.3M 86.6K shares
Financial Advocates Investment Management RIA/Wealth	$1.5M 30.8K shares
Oakmont Partners LLC RIA/Wealth	$845.3K 17.2K shares
Tradewinds, LLC. RIA/Wealth	$829.8K 16.9K shares
Pensionmark Financial Group, LLC Pension/Endowment	$682.9K 13.9K shares
Fundamentun, LLC RIA/Wealth	$569.6K 11.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$366.5K 7.4K shares
C Crossmark Global Holdings, Inc. Institution	$305.5K 6.2K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Hidden Cove Wealth Management, LLC RIA/Wealth	Ashley Kristin Goggins CCO	8.80% $13.3M	270.3K shares	Q4 2024 Held for 11 months	$151.4M
Sovereign Investment Advisors, LLC RIA/Wealth	Todd Coleman Early CIO	8.58% $31.4M	638.0K shares	Q4 2022 Held for 2y 11m	$366.5M
Trail Ridge Investment Advisors, LLC RIA/Wealth	David Charles Jordan CIO	6.34% $14.1M	286.7K shares	Q4 2022 Held for 2y 11m	$223.0M
Blue Rock Wealth Management LLC RIA/Wealth	Wesley Robert Reed CCO	6.19% $9.6M	195.0K shares	Q4 2024 Held for 11 months	$155.2M
Retirement Network RIA/Wealth	Andrew Ribelin Grider President	5.78% $38.4M	778.4K shares	Q3 2023 Held for 2y 2m	$663.7M
First Financial Group Corp RIA/Wealth	Tommy Glynn Lewis President	5.07% $5.9M	118.8K shares	Q4 2024 Held for 11 months	$115.4M
Richmond Investment Services, LLC RIA/Wealth	Matthew Riley Richmond CEO	3.84% $20.5M	416.9K shares	Q4 2024 Held for 11 months	$535.8M
Burford Brothers, Inc. RIA/Wealth	Charles Scott Burford President	3.83% $9.0M	181.9K shares	Q4 2023 Held for 1y 11m	$233.9M
Kingdom Financial Group LLC. RIA/Wealth	Steven David Fullerton President	3.79% $4.4M	89.9K shares	Q2 2025 Held for 5 months	$116.9M
Rise Advisors, LLC RIA/Wealth	Mark Bradford Jones Partner	3.66% $10.2M	206.7K shares	Q4 2022 Held for 2y 11m	$278.4M

Hedge Fund Spotlight

Discover hedge funds investing in VNLA

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Janus Henderson Short Duration Income

Market Value: $10.4M
Shares Held: 210.1K
Portfolio Weight: 0.01%
Owned Since: 2022-Q4

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%