LongLITESep 2026
Lumentum Holdings Inc.
Janus Henderson initiated a position in Lumentum while selectively rebuilding exposure to AI infrastructure after a market pullback. The manager expects demand for compute to…
Janus Henderson Global Sustainable Equity Fund
Global growth-equity investing in financially attractive companies contributing to positive environmental or social outcomes.$2.3B AUM16 published ideas
The fund seeks long-term capital growth by investing globally in companies that contribute to positive environmental or social change, with a bias toward growth equities. The letter reports total net assets of GBP 1.69 billion; using the 31 August 2026 GBP/USD close of 1.3549 implies approximately USD 2.290 billion. ([Exchange Rates UK][1])
Ideas from Janus Henderson Global Sustainable Equity Fund
LongMSFTSep 2026
Microsoft Corporation
Microsoft’s results showed Azure growth accelerating to 43% and management forecast roughly 45%, while overall revenue rose 18%. Copilot adoption reached 30 million paid seats…
LongSAPSep 2026
SAP SE
SAP reported 24% constant-currency cloud-revenue growth, 26% growth in current cloud backlog and 27% higher free cash flow. The manager sees its mission-critical enterprise…
Long8766.TSep 2026
Tokio Marine Holdings Inc.
Tokio Marine offers specialist insurance capabilities backed by deep technical and analytical expertise. The company delivered strong revenue and profit growth, raised its…
Long3750.HKSep 2026
Contemporary Amperex Technology Co. Limited
CATL is a leading global producer of EV batteries, and Janus Henderson expects it to benefit from continued electrification of transport and the growth of stationary energy…
LongNXTSep 2026
Nextpower Inc.
Nextpower provides solar trackers and software, and acquisitions are expanding its offerings into energy storage and power conversion. Janus Henderson believes the broader…
LongFFIVSep 2026
F5 Inc.
Janus Henderson bought F5 to gain exposure to growing AI inference and enterprise application-delivery requirements. As companies deploy more AI agents, the manager expects…
LongMODSep 2026
Modine Manufacturing Company
Janus Henderson initiated a holding in Modine as it increased selective exposure to the infrastructure needed for AI. The managers describe industrial beneficiaries of AI-driven…
LongAPGSep 2026
APi Group Corporation
Janus Henderson added to APi Group because it sees significant potential to expand profit margins. The investment team also highlights disciplined allocation of capital as a…
LongSTXAug 2026
Seagate Technology Holdings plc
Seagate declined on profit-taking and broader concern about elevated technology valuations, but the fund views the weakness as short term. The investment case centres on HAMR…
LongNOWAug 2026
ServiceNow, Inc.
ServiceNow rebounded after being treated as a potential AI casualty, but the fund sees evidence that AI is instead accelerating growth. Second-quarter results were strong…
LongSAPAug 2026
SAP SE
SAP's shares had previously reacted negatively to concerns about the timing of AI commercialisation, but the fund points to a strong cloud backlog as evidence that product demand…
LongSPOTAug 2026
Spotify Technology S.A.
Spotify delivered solid second-quarter results with strong subscriber growth, record margins and upbeat guidance, while also expanding its buyback programme. Management is…
Long8766Aug 2026
Tokio Marine Holdings, Inc.
Tokio Marine's results disappointed the market because underwriting costs from natural disasters increased, but the fund says this does not alter its thesis. The managers expect…
LongAPTVAug 2026
Aptiv PLC
Aptiv sold off after weaker-than-expected revenue and a cut to full-year guidance, which raised concerns about profitability, but the fund says its investment case remains…
LongVRSKAug 2026
Verisk Analytics, Inc.
After strong performance in some AI beneficiaries, the fund trimmed risk and redeployed into businesses it believes were unfairly penalised. Verisk was specifically added as a…
Letters covered
- Janus Henderson Global Sustainable Equity Fund Quarterly Commentary - Q3 2026September 30, 2026
- Global Sustainable Equity Fund Monthly CommentaryAugust 31, 2026
Source PDFs are not republished here; only extracted ideas and quotes.