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value="Sedol"/></identifiers><balance>3365055</balance><units>NS</units><curCd>USD</curCd><valUSD>81400680</valUSD><pctVal>1.528</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Crown Holdings Inc</name><lei>NYLWZIOY8PUNIT4JOE22</lei><title>Crown Holdings Inc</title><cusip>228368106</cusip><identifiers><isin value="US2283681060"/><ticker value="CCK US"/><other otherDesc="2427986" value="Sedol"/></identifiers><balance>3030559</balance><units>NS</units><curCd>USD</curCd><valUSD>379092625</valUSD><pctVal>7.116</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Deckers Outdoor Corp</name><lei>5493008LG4W3I6K8J118</lei><title>Deckers Outdoor Corp</title><cusip>243537107</cusip><identifiers><isin value="US2435371073"/><ticker value="DECK US"/><other otherDesc="2267278" value="Sedol"/></identifiers><balance>325627</balance><units>NS</units><curCd>USD</curCd><valUSD>89146904</valUSD><pctVal>1.673</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freeport-McMoRan Inc</name><lei>549300IRDTHJQ1PVET45</lei><title>FREEPORT-MCMORAN INC</title><cusip>35671D857</cusip><identifiers><isin value="US35671D8570"/><ticker value="FCX US"/><other otherDesc="2352118" value="Sedol"/></identifiers><balance>4350850</balance><units>NS</units><curCd>USD</curCd><valUSD>216411279</valUSD><pctVal>4.062</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Globus Medical Inc</name><lei>5299003M2P4CIK0RF205</lei><title>Globus Medical Inc</title><cusip>379577208</cusip><identifiers><isin value="US3795772082"/><ticker value="GMED US"/><other otherDesc="B7D65M0" value="Sedol"/></identifiers><balance>1311819</balance><units>NS</units><curCd>USD</curCd><valUSD>96786006</valUSD><pctVal>1.817</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hasbro Inc</name><lei>549300NUB6D2R1ITYR45</lei><title>Hasbro Inc</title><cusip>418056107</cusip><identifiers><isin value="US4180561072"/><ticker value="HAS US"/><other otherDesc="2414580" value="Sedol"/></identifiers><balance>820334</balance><units>NS</units><curCd>USD</curCd><valUSD>67201761</valUSD><pctVal>1.261</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Howmet Aerospace Inc</name><lei>549300HO5WFZUT5N2T22</lei><title>Howmet Aerospace Inc</title><cusip>443201108</cusip><identifiers><isin value="US4432011082"/><ticker value="HWM US"/><other otherDesc="BKLJ8V2" value="Sedol"/></identifiers><balance>4794494</balance><units>NS</units><curCd>USD</curCd><valUSD>172314114</valUSD><pctVal>3.234</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Insmed Inc</name><lei>529900Q55QAG41CCAC11</lei><title>Insmed Inc</title><cusip>457669307</cusip><identifiers><isin value="US4576693075"/><ticker value="INSM US"/><other otherDesc="2614487" value="Sedol"/></identifiers><balance>1252999</balance><units>NS</units><curCd>USD</curCd><valUSD>29445476</valUSD><pctVal>0.553</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>IFF</name><lei>BZLRL03D3GPGMOGFO832</lei><title>International Flavors &amp; Fragrances Inc</title><cusip>459506101</cusip><identifiers><isin value="US4595061015"/><ticker value="IFF US"/><other otherDesc="2464165" value="Sedol"/></identifiers><balance>333078</balance><units>NS</units><curCd>USD</curCd><valUSD>43743134</valUSD><pctVal>0.821</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lam Research Corp</name><lei>549300I4GMO6D34U1T02</lei><title>LAM RESEARCH CORP</title><cusip>512807108</cusip><identifiers><isin value="US5128071082"/><ticker value="LRCX US"/><other otherDesc="2502247" value="Sedol"/></identifiers><balance>202929</balance><units>NS</units><curCd>USD</curCd><valUSD>109096660</valUSD><pctVal>2.048</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Liberty Media Corp-Liberty For</name><lei>549300ZKUTPIBZLWLL89</lei><title>Liberty Media Corp-Liberty Formula One</title><cusip>531229854</cusip><identifiers><isin value="US5312298541"/><ticker value="FWONK US"/><other otherDesc="BD8QGD5" value="Sedol"/></identifiers><balance>1404070</balance><units>NS</units><curCd>USD</curCd><valUSD>98060249</valUSD><pctVal>1.841</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Marvell Technology Inc</name><lei>N/A</lei><title>Marvell Technology Inc</title><cusip>573874104</cusip><identifiers><isin value="US5738741041"/><ticker value="MRVL US"/><other otherDesc="BNKJSM5" value="Sedol"/></identifiers><balance>1739096</balance><units>NS</units><curCd>USD</curCd><valUSD>124710574</valUSD><pctVal>2.341</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Monarch Casino &amp; Resort Inc</name><lei>549300AK5FF7KY11V997</lei><title>Monarch Casino &amp; Resort Inc</title><cusip>609027107</cusip><identifiers><isin value="US6090271072"/><ticker value="MCRI US"/><other otherDesc="2599197" value="Sedol"/></identifiers><balance>613079</balance><units>NS</units><curCd>USD</curCd><valUSD>53478881</valUSD><pctVal>1.004</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Morgan Stanley</name><lei>IGJSJL3JD5P30I6NJZ34</lei><title>Morgan Stanley</title><cusip>617446448</cusip><identifiers><isin value="US6174464486"/><ticker value="MS US"/><other otherDesc="2262314" value="Sedol"/></identifiers><balance>1090044</balance><units>NS</units><curCd>USD</curCd><valUSD>95269846</valUSD><pctVal>1.788</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Occidental Petroleum Corp</name><lei>IM7X0T3ECJW4C1T7ON55</lei><title>Occidental Petroleum Corp</title><cusip>674599105</cusip><identifiers><isin value="US6745991058"/><ticker value="OXY US"/><other otherDesc="2655408" value="Sedol"/></identifiers><balance>2638277</balance><units>NS</units><curCd>USD</curCd><valUSD>149695837</valUSD><pctVal>2.81</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OneMain Holdings Inc</name><lei>549300E3VEW8SMS5XW09</lei><title>OneMain Holdings Inc</title><cusip>68268W103</cusip><identifiers><isin value="US68268W1036"/><ticker value="OMF US"/><other otherDesc="BYSZB89" value="Sedol"/></identifiers><balance>2837719</balance><units>NS</units><curCd>USD</curCd><valUSD>134536258</valUSD><pctVal>2.525</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Organon &amp; Co</name><lei>549300AMCKY57OK2CO56</lei><title>Organon &amp; Co COMMON STOCK</title><cusip>68622V106</cusip><identifiers><isin value="US68622V1061"/><ticker value="OGN US"/><other otherDesc="BLDC8J4" value="Sedol"/></identifiers><balance>5388150</balance><units>NS</units><curCd>USD</curCd><valUSD>188208079</valUSD><pctVal>3.533</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Rush Street Interactive Inc</name><lei>N/A</lei><title>Rush Street Interactive Inc</title><cusip>782011100</cusip><identifiers><isin value="US7820111000"/><ticker value="RSI US"/><other otherDesc="BN6R7F9" value="Sedol"/></identifiers><balance>4637341</balance><units>NS</units><curCd>USD</curCd><valUSD>33713469</valUSD><pctVal>0.633</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sempra Energy</name><lei>PBBKGKLRK5S5C0Y4T545</lei><title>Sempra Energy</title><cusip>816851109</cusip><identifiers><isin value="US8168511090"/><ticker value="SRE US"/><other otherDesc="2138158" value="Sedol"/></identifiers><balance>663633</balance><units>NS</units><curCd>USD</curCd><valUSD>111569980</valUSD><pctVal>2.094</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Snap Inc</name><lei>549300JNC0L6VP8A2Q35</lei><title>Snap Inc - Class A</title><cusip>83304A106</cusip><identifiers><isin value="US83304A1060"/><ticker value="SNAP US"/><other otherDesc="BD8DJ71" value="Sedol"/></identifiers><balance>3450076</balance><units>NS</units><curCd>USD</curCd><valUSD>124168235</valUSD><pctVal>2.331</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>T-Mobile US Inc</name><lei>549300QHIJYOHPACPG31</lei><title>T-MOBILE US INC</title><cusip>872590104</cusip><identifiers><isin value="US8725901040"/><ticker value="TMUS US"/><other otherDesc="B94Q9V0" value="Sedol"/></identifiers><balance>305523</balance><units>NS</units><curCd>USD</curCd><valUSD>39213877</valUSD><pctVal>0.736</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Teradyne Inc</name><lei>C3X4YJ278QNZHRJULN75</lei><title>Teradyne Inc</title><cusip>880770102</cusip><identifiers><isin value="US8807701029"/><ticker value="TER US"/><other otherDesc="2884183" value="Sedol"/></identifiers><balance>795556</balance><units>NS</units><curCd>USD</curCd><valUSD>94058586</valUSD><pctVal>1.766</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Beauty Health Co/The</name><lei>5493001Z2JZQT4C63C50</lei><title>Beauty Health Co/The</title><cusip>88331L108</cusip><identifiers><isin value="US88331L1089"/><ticker value="SKIN US"/><other otherDesc="BNQQ6C6" value="Sedol"/></identifiers><balance>5699318</balance><units>NS</units><curCd>USD</curCd><valUSD>96204488</valUSD><pctVal>1.806</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Capital Group Inc</name><lei>8T2ZO87FU1KVPZIG9I59</lei><title>Janus Henderson Cash Liquidity Fund</title><cusip>N/A</cusip><identifiers><isin value="DU0000100962"/></identifiers><balance>91470069</balance><units>NS</units><curCd>USD</curCd><valUSD>91479216</valUSD><pctVal>1.717</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Henderson Cash Collateral Fund</name><lei>N/A</lei><title>Janus Henderson Cash Collateral Fund</title><cusip>N/A</cusip><identifiers><other otherDesc="896" value="Internal ID"/></identifiers><balance>18934308</balance><units>NS</units><curCd>USD</curCd><valUSD>18934308</valUSD><pctVal>0.355</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><cashCollateralCondition cashCollateralVal="18934308" isCashCollateral="Y"/><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Under Armour Inc</name><lei>549300D4549QKWETZ406</lei><title>Under Armour Inc</title><cusip>904311206</cusip><identifiers><isin value="US9043112062"/><ticker value="UA US"/><other otherDesc="BDF9YM2" 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issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><optionSwaptionWarrantDeriv derivCat="OPT"><counterparties><counterpartyName>JPMorgan Chase Bank, National Association</counterpartyName><counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei></counterparties><putOrCall>Call</putOrCall><writtenOrPur>Written</writtenOrPur><descRefInstrmnt><otherRefInst><issuerName>Occidental Petroleum Corp.</issuerName><issueTitle>Occidental Petroleum Corp.</issueTitle><identifiers><cusip value="674599105"/><isin value="US6745991058"/><ticker value="OXY.US"/></identifiers></otherRefInst></descRefInstrmnt><shareNo>100</shareNo><exercisePrice>75</exercisePrice><exercisePriceCurCd>USD</exercisePriceCurCd><expDt>2022-04-14</expDt><delta>XXXX</delta><unrealizedAppr>416821</unrealizedAppr></optionSwaptionWarrantDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2022-05-15</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></formData></edgarSubmission>
