Janus Henderson Forty Fund Holds Firm on DraftKings’ (DKNG) Long-Term Opportunity
Janus Henderson Investors, an investment management company, released its “Forty Fund” first-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | AQR Capital Management Cliff Asness | 22,852,485 | $481,958,901 | +39% | 0.22% |
| 2. | Spruce House Investment Management Zachary Sternberg And Benjamin Stein | 9,650,000 | $208,633,000 | +130% | 7.45% |
| 3. | 5,072,000 | $109,656,640 | +24% | 0.02% | |
| 4. | 116,500,000 | $105,141,201 | +32% | 0.06% | |
| 5. | BAMCO Inc. Ron Baron | 4,218,766 | $91,209,721 | -10% | 0.28% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $21.85 | 100,000 | $2,185,000.00 | 350,219 | 2026-02-17 | Filing | |
| $30.30 | 25,000 | $757,500.00 | 249,712 | 2025-11-11 | Filing | |
| $30.27 | 10,000 | $302,700.00 | 10,000 | 2025-11-11 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $29.97 | 8,189 | $245,424.33 | 556,258 | 2026-06-11 | Filing | |
| $29.64 | 54,311 | $1,609,778.04 | 564,447 | 2026-06-11 | Filing | |
| $25.33 | 862 | $21,834.46 | 38,168 | 2026-05-20 | Filing | |
| $25.71 | 34,234 | $880,156.14 | 29,820 | 2026-05-18 | Filing | |
| $25.60 | 2,150 | $55,040.00 | 1,406 | 2026-03-13 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 27,665,699 | $588,288,186 | 0.28% | |
| 2. | 26,599,818 | $575,088,067 | 0.01% | |
| 3. | 24,711,953 | $534,272,424 | 0.07% | |
| 4. | 21,320,598 | $460,951,329 | 0.01% | |
| 5. | 18,593,772 | $401,997,351 | 0.02% |