NPORT-P false 0000906185 XXXXXXXX S000010397 C000028723 C000028722 JANUS ASPEN SERIES 811-07736 0000906185 5C1H794C69TI10A0XC04 151 DETROIT STREET Denver 80206 303-333-3863 Janus Henderson Mid Cap Value Portfolio S000010397 EXUQ8LANRQOCBZU5LU30 2026-12-31 2026-03-31 N 118425741.750000000000 123811.250000000000 118301930.500000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 32776.940000000000 N Russell MidCap Value Index RUSSELL.MC.RMV Waste Connections Inc. 549300ZX1Z8QGWASPX54 94106B101 9625 NS USD 1563485 1.3216056521 Long EC CORP US N 1 N N N Westlake Corporation GOXNEVUM0LL78B1OS344 960413102 13412 NS USD 1566789.84 1.3243992160 Long EC CORP US N 1 N N N Wintrust Financial Corporation Q774KI4AW80FHFW33O61 97650W108 16438 NS USD 2283895.72 1.9305650469 Long EC CORP US N 1 N N N Zoetis Inc. 549300HD9Q1LOC9KLJ48 98978V103 5474 NS USD 647081.54 0.5469746244 Long EC CORP US N 1 N N N Landstar System Inc. 254900CUQXQRL09MEI52 515098101 7042 NS USD 1128903.02 0.9542557888 Long EC CORP US N 1 N N N Lazard Inc 254900RIBCDJSUFG1A11 52110M109 40684 NS USD 1728256.32 1.4608859828 Long EC CORP US N 1 N N N Lincoln Electric Holdings Inc. BIMGBY40SIN95O01BN93 533900106 7965 NS USD 1983922.2 1.6769990072 Long EC CORP US N 1 N N N Littelfuse Inc. 549300MY7HLQFYTPCX75 537008104 7479 NS USD 2537998.65 2.1453569179 Long EC CORP US N 1 N N N MSC Industrial Direct Co Inc. 0XVKH0LN6YGOWO2EGO17 553530106 6708 NS USD 618947.16 0.5231927809 Long EC CORP US N 1 N N N MarketAxess Holdings Inc. 5493002U1CA1XJOVID83 57060D108 8348 NS USD 1377253.04 1.1641847552 Long EC CORP US N 1 N N N Martin Marietta Materials Inc 5299005MZ4WZECVATV08 573284106 2762 NS USD 1625934.16 1.3743935988 Long EC CORP US N 1 N N N Cal-Maine Foods Inc. 549300NHE5WMIEIEMF53 128030202 10765 NS USD 852049.75 0.7202331749 Long EC CORP US N 1 N N N O'Reilly Automotive Inc. 549300K2RLMQL149Q332 67103H107 12990 NS USD 1199106.9 1.0135987595 Long EC CORP US N 1 N N N PNC Financial Services Group Inc. CFGNEKW0P8842LEUIA51 693475105 10672 NS USD 2220736.48 1.8771768733 Long EC CORP US N 1 N N N PPL Corporation 9N3UAJSNOUXFKQLF3V18 69351T106 53924 NS USD 2059896.8 1.7412199372 Long EC CORP US N 1 N N N LivaNova PLC 2138001K2FX6SHK2B339 G5509L101 20316 NS USD 1291284.96 1.0915163891 Long EC CORP US N 1 N N N Canadian Pacific Kansas City Ltd. N/A 13646K108 18452 NS USD 1451434.32 1.2268898013 Long EC CORP US N 1 N N N Casey'S General Stores Inc. 549300CAFWSI86V66Q65 147528103 3782 NS USD 2752766.52 2.3268990695 Long EC CORP US N 1 N N N Expand Energy Corp. X2MT1W32SPAZ9WSKLE78 165167735 20724 NS USD 2275080.72 1.9231137737 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 20825C104 20417 NS USD 2695044 2.2781065268 Long EC CORP US N 1 N N N Corteva Inc 549300WZN9I2QKLS0O94 22052L104 25631 NS USD 2145571.01 1.8136398966 Long EC CORP US N 1 N N N Entergy Corporation 4XM3TW50JULSLG8BNC79 29364G103 25070 NS USD 2816865.2 2.3810813468 Long EC CORP US N 1 N N N Equity Lifestyle Properties Inc 529900PEQG66LENB6798 29472R108 15187 NS USD 947972.54 0.8013162051 Long EC CORP US N 1 N N N Fox Corporation 549300DDU6FDRBIELS05 35137L204 46194 NS USD 2452901.4 2.0734246598 Long EC CORP US N 1 N N N Freeport-McMoRan Inc. 549300IRDTHJQ1PVET45 35671D857 39749 NS USD 2336446.22 1.9749857083 Long EC CORP US N 1 N N N Glacier Bancorp Inc. 549300SMJAUKZB5D7V74 37637Q105 16613 NS USD 742102.71 0.6272955199 Long EC CORP US N 1 N N N Globus Med Inc 5299003M2P4CIK0RF205 379577208 11791 NS USD 1015912.56 0.8587455468 Long EC CORP US N 1 N N N The Hartford Insurance Group Inc. IU7C3FTM7Y3BQM112U94 416515104 15913 NS USD 2151914.99 1.8190024296 Long EC CORP US N 1 N N N Hologic Inc 549300DYP6F5ZJL0LB74 436440101 11292 NS USD 853562.28 0.7215117086 Long EC CORP US N 1 N N N Humana Inc. 529900YLDW34GJAO4J06 444859102 4426 NS USD 767424.14 0.6486995916 Long EC CORP US N 1 N N N Idex Corporation 549300U5Y5EL6PHYLF13 45167R104 4075 NS USD 772416.25 0.6529193959 Long EC CORP US N 1 N N N Everest Group Ltd 549300N24XF2VV0B3570 G3223R108 7794 NS USD 2547468.9 2.1533620705 Long EC CORP US N 1 N N N Fabrinet 5493004TETZ6IYF7CV44 G3323L100 2674 NS USD 1394544.48 1.1788011185 Long EC CORP US N 1 N N N Icon PLC 6354008SRQGEMC4XFI67 G4705A100 4490 NS USD 496863.4 0.4199960203 Long EC CORP US N 1 N N N Qnity Electronics Inc. 254900RSUG4J9TFFZX53 74743L100 14325 NS USD 1652818.5 1.3971187900 Long EC CORP US N 1 N N N Regal Rexnord Corporation QH78R09VCJGQKPBPYU33 758750103 4206 NS USD 787615.56 0.6657672928 Long EC CORP US N 1 N N N Revolution Medicines Inc 549300JU3X0LBCQ65892 76155X100 4491 NS USD 436749.75 0.3691822679 Long EC CORP US N 1 N N N Saia Inc 549300WNPG4N9GBOYB29 78709Y105 2360 NS USD 829020.8 0.7007669245 Long EC CORP US N 1 N N N Selective Insurance Group Inc. 549300R3WGJWLE40R258 816300107 28318 NS USD 2134894.02 1.8046146931 Long EC CORP US N 1 N N N Solstice Advanced Materials Inc. 2138004GZ4H9TW6HK435 83443Q103 19828 NS USD 1510100.48 1.2764799979 Long EC CORP US N 1 N N N STAG Industrial, Inc. 549300QWYX2W6FASVQ07 85254J102 31045 NS USD 1119482.7 0.9462928418 Long EC CORP US N 1 N N N Teradyne Inc. C3X4YJ278QNZHRJULN75 880770102 6048 NS USD 1792990.08 1.5156050898 Long EC CORP US N 1 N N N Toll Brothers, Inc. 529900JB6IS9MSZGVR44 889478103 9801 NS USD 1337542.47 1.1306176191 Long EC CORP US N 1 N N N Topbuild Corporation 5493007YSKHOL4RWII46 89055F103 2758 NS USD 968885.4 0.8189937357 Long EC CORP US N 1 N N N TowneBank (Portsmouth Virginia) 54930039UO39UJGI7078 89214P109 33202 NS USD 1117911.34 0.9449645794 Long EC CORP US N 1 N N N TransUnion 549300ZS772LUNUMRB03 89400J107 18969 NS USD 1312465.11 1.1094198585 Long EC CORP US N 1 N N N United Therapeutics Corporation 5299005C4HZL4UWROC14 91307C102 930 NS USD 551471.4 0.4661558756 Long EC CORP US N 1 N N N Valero Energy Corp. 549300XTO5VR8SKV1V74 91913Y100 5770 NS USD 1425651.6 1.2050958036 Long EC CORP US N 1 N N N Vontier Corporation 549300VVSQLG4P5K4639 928881101 55885 NS USD 1982240.95 1.6755778554 Long EC CORP US N 1 N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 49271V100 17154 NS USD 451664.82 0.3817898982 Long EC CORP US N 1 N N N Keysight Technologies, Inc. 549300GLKVIO8YRCYN02 49338L103 6022 NS USD 1700432.14 1.4373663497 Long EC CORP US N 1 N N N Kirby Corp I7NO6FZO5GUCG585T325 497266106 14762 NS USD 1961574.56 1.6581086646 Long EC CORP US N 1 N N N L3 Harris Technologies Inc 549300UTE50ZMDBG8A20 502431109 6738 NS USD 2325620.7 1.9658349531 Long EC CORP US N 1 N N N Agree Realty Corp 98450090H010B37OEB68 008492100 35689 NS USD 2690236.82 2.2740430428 Long EC CORP US N 1 N N N Akamai Technologies, Inc. OC1LZNN2LF5WTJ5RIL89 00971T101 8254 NS USD 947971.9 0.8013156641 Long EC CORP US N 1 N N N Alliant Energy Corporation 5493009ML300G373MZ12 018802108 47343 NS USD 3397333.68 2.8717483017 Long EC CORP US N 1 N N N Ally Financial Inc. 549300JBN1OSM8YNAI90 02005N100 42823 NS USD 1679946.29 1.4200497683 Long EC CORP US N 1 N N N Ametek, Inc. 549300WZDEF9KKE40E98 031100100 8654 NS USD 1855071.44 1.5680821371 Long EC CORP US N 1 N N N Autozone, Inc. GA3JGKJ41LJKXDN23E90 053332102 430 NS USD 1452445.4 1.2277444619 Long EC CORP US N 1 N N N BWX Technologies Inc. 549300NP85N265KWMS58 05605H100 1676 NS USD 342725.24 0.2897038438 Long EC CORP US N 1 N N N Baker Hughes Company N/A 05722G100 17099 NS USD 1043893.95 0.8823980687 Long EC CORP US N 1 N N N Ball Corporation 0BGI85ALH27ZJP15DY16 058498106 34636 NS USD 2047333.96 1.7306006346 Long EC CORP US N 1 N N N BellRing Intermediate Holdings Inc. 549300S3BOK5CMTS8054 07831C103 10039 NS USD 161527.51 0.1365383551 Long EC CORP US N 1 N N N Biomarin Pharmaceutical Inc. NSLL8ITTRR0J5HEMR848 09061G101 15355 NS USD 867403.95 0.7332119994 Long EC CORP US N 1 N N N Boot Barn Holdings Inc 529900QE1BFMYA3N4E71 099406100 3731 NS USD 546069.16 0.4615893905 Long EC CORP US N 1 N N N Burlington Stores Inc. 5299003Z37DVGKKC1W09 122017106 4490 NS USD 1460956.2 1.2349385964 Long EC CORP US N 1 N N N LKQ Corporation DS830JTTZQN6GK0I2E41 501889208 57214 NS USD 1680375.18 1.4204123068 Long EC CORP US N 1 N N N Labcorp Holdings Inc N/A 504922105 6482 NS USD 1729462.42 1.4619054927 Long EC CORP US N 1 N N N Lamar Advertising Company 529900Y8WW4MKVPTB543 512816109 19766 NS USD 2503561.56 2.1162474267 Long EC CORP US N 1 N N N Lamb Weston Holdings Inc 5493005SMYID1D2OY946 513272104 20616 NS USD 871232.16 0.7364479652 Long EC CORP US N 1 N N N 3M Company LUZQVYP4VS22CLWDAR65 88579Y101 11332 NS USD 1645746.36 1.3911407473 Long EC CORP US N 1 N N N N/A N/A N/A 3100000 PA USD 3100000 2.6204137049 Long RA CORP US N 2 Repurchase Y 3.61 2026-04-01 3165874.032985075 USD 3162317.0858905474 USD UST N N N AXIS Capital Holdings Limited 635400VD2NQBYAHMEM55 G0692U109 20809 NS USD 2110240.69 1.7837753628 Long EC CORP US N 1 N N N CBRE Group Inc. 52990016II9MJ2OSWA10 12504L109 9801 NS USD 1327643.46 1.1222500380 Long EC CORP US N 1 N N N CDW Corp 9845001B052ABF0B6755 12514G108 7005 NS USD 847745.1 0.7165944769 Long EC CORP US N 1 N N N Cardinal Health, Inc. CCU46N3GJMF4OK4N7U60 14149Y108 7599 NS USD 1605744.69 1.3573275459 Long EC CORP US N 1 N N N Carlisle Companies Inc. XR64VGX1ZPX6G7ZN7Z11 142339100 5038 NS USD 1680777.56 1.4207524365 Long EC CORP US N 1 N N N 2026-05-15 JANUS ASPEN SERIES JESPER NERGAARD JESPER NERGAARD VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER XXXX