Janus Henderson's Global Sustainable Equity Active ETF Discloses Complete Portfolio as of 29 May 2026

NVIDIA and Microsoft Dominate FUTR’s Largest Holdings as of 29 May 2026

NVIDIA Corp stands as the largest holding in the Janus Henderson Global Sustainable Equity Active ETF at 29 May 2026, with a market value of AUD 160,950.01, representing 7.78% of the total portfolio. This highlights the fund’s significant allocation to a leading global semiconductor and AI infrastructure company.

Microsoft Corp is the second-largest position, valued at AUD 104,858.53, accounting for 5.07% of the portfolio. The difference between the two top holdings is notable, with NVIDIA’s weighting exceeding Microsoft’s by more than 2.7 percentage points, indicating a deliberate overweight toward AI-focused semiconductor exposure compared to broader software.

Taiwan Semiconductor and Seagate Complete the Top Four Equity Holdings

Taiwan Semiconductor Manufacturing Company (TSMC), traded on the Taiwan Stock Exchange and held via a TWD-denominated security, is the third-largest position with a market value of AUD 96,079.44 and a 4.64% weighting. TSMC’s inclusion reflects the fund’s exposure to key semiconductor manufacturing integral to AI, consumer electronics, and data infrastructure.

Seagate Technology Holdings ranks fourth, valued at AUD 80,567.80 or 3.89% of the portfolio. Alongside TSMC and NVIDIA, Seagate underscores the portfolio’s concentrated focus on technology and semiconductors. Keysight Technologies (3.60%) and Micron Technology (3.34%) further emphasize this technology sector weighting, both appearing within the top six holdings.

Spotify, Argenx, and Schneider Electric Illustrate the Fund’s Sector Diversification

Beyond technology and semiconductors, Spotify Technology SA holds the seventh-largest position with a market value of AUD 66,393.38 (3.21%). Spotify’s Luxembourg domicile and USD listing exemplify the fund’s global approach to sustainable company selection.

Argenx SE, held as an American Depositary Receipt, accounts for 2.84% (AUD 58,803.81), offering exposure to the biopharmaceutical sector. Schneider Electric SE, listed in France and denominated in EUR, comprises 2.71% (AUD 56,054.54), adding industrial energy management and automation exposure. These three holdings demonstrate the fund’s commitment to diversification across media, biotech, and European industrial sectors.

Mid-Tier Holdings Include ON Semiconductor, Uber, McKesson, and Sandvik

Mid-level portfolio positions, ranging from approximately 2.40% to 2.63%, feature ON Semiconductor at AUD 54,398.89 (2.63%), Uber Technologies at AUD 52,031.90 (2.51%), McKesson Corp at AUD 50,946.16 (2.46%), and Sandvik AB at AUD 49,643.94 (2.40%). This group spans sectors such as power semiconductors, ride-sharing, pharmaceutical distribution, and Swedish industrial engineering.

The inclusion of McKesson and Sandvik alongside technology firms aligns with the fund’s sustainable equity mandate, which evaluates companies across industries for environmental, social, and governance factors rather than concentrating solely on high-growth tech stocks. The report does not disclose the specific ESG scoring methodology or thresholds applied.

Financial Sector Exposure Through Mastercard, Intercontinental Exchange, S&P Global, and Arthur J Gallagher

The financial services sector is represented by Arthur J Gallagher & Co at 2.09% (AUD 43,249.02), Mastercard Inc Class A at 1.84% (AUD 38,097.55), Intercontinental Exchange Inc at 1.54% (AUD 31,962.53), and S&P Global Inc at 1.46% (AUD 30,303.64). These positions collectively provide exposure to financial data, insurance brokerage, and payments infrastructure.

Additional financial holdings include AIA Group Ltd (Hong Kong-listed, HKD-denominated) at 1.79% (AUD 36,935.21), Intact Financial Corp (Canada, CAD-denominated) at 0.95% (AUD 19,582.22), Erste Group Bank AG (Austria, EUR-denominated) at 0.90% (AUD 18,652.23), and Progressive Corp at 0.84% (AUD 17,323.59). This broad geographic and sub-sector representation highlights the fund’s globally diversified financial exposure.

Healthcare Holdings Span Argenx, Eli Lilly, Cardinal Health, McKesson, and Vertex Pharmaceuticals

The healthcare sector is well represented with Eli Lilly & Co at 2.08% (AUD 43,018.19) alongside Argenx SE (2.84%), both leading biotechnology and pharmaceutical holdings. Cardinal Health Inc holds 1.62% (AUD 33,528.83), providing healthcare distribution exposure alongside McKesson Corp (2.46%), a significant mid-tier position.

Vertex Pharmaceuticals Inc adds 0.85% (AUD 17,554.94), rounding out a diversified healthcare cluster covering drug discovery, pharmaceutical distribution, and specialty medicines. The report does not specify the total healthcare sector weighting.

Asian and Japanese Equities Provide Geographic Diversity Including Keyence, Hitachi, Nintendo, and CATL

The fund’s Asian exposure extends beyond TSMC and AIA Group. Keyence Corp, a Japanese automation and sensor company, holds 1.79% (AUD 37,104.53), Hitachi Ltd accounts for 0.93% (AUD 19,301.40), Nintendo Co Ltd is at 0.53% (AUD 11,035.80), and Disco Corp, a semiconductor tools manufacturer, at 0.29% (AUD 6,029.54). All Japanese holdings are JPY-denominated.

Contemporary Amperex Technology Co (CATL), a Chinese battery maker listed in Hong Kong and held in HKD, represents 1.58% (AUD 32,685.44). CATL’s inclusion aligns with the fund’s sustainable focus through its role in electric vehicle battery supply chains. Collectively, these Asian holdings cover automation, electronics, battery technology, and consumer gaming, providing significant exposure to the region’s industrial and technology sectors.

European Industrial and Infrastructure Holdings Include ASML, Prysmian, Legrand, Schneider, and Saint-Gobain

The European portion of the portfolio emphasizes industrial infrastructure and energy transition companies. ASML Holding NV, a Dutch semiconductor lithography equipment maker, holds 1.33% (AUD 27,563.57) in EUR. Legrand SA (France, EUR) also holds 1.33% (AUD 27,550.95), and Compagnie de Saint-Gobain (France, EUR) accounts for 0.94% (AUD 19,473.68).

Prysmian SpA, an Italian cable and connectivity manufacturer, holds 0.98% (AUD 20,332.28), and Experian PLC (Ireland/UK, GBP) is at 1.34% (AUD 27,742.51). SAP SE (Germany, EUR) rounds out European technology exposure at 0.82% (AUD 16,876.70). This European allocation reflects the fund’s interest in electrification, data infrastructure, and industrial digitization, key sustainable economy themes.

Cash and Currency Holdings Include Negative USD Cash Balance

The holdings report also details cash and currency positions managed via BNP Paribas SA/Australia. The fund’s largest cash holding is AUD capital cash at AUD 54,068.93 (2.61%), with smaller balances in HKD (AUD 647.00, 0.03%), JPY (AUD 452.15, 0.02%), and EUR (AUD 377.48, 0.02%).

Notably, the portfolio shows a negative USD cash balance of AUD -9,560.27 (-0.46%) and two negative memorandum account positions in AUD totaling approximately AUD -529.32. Such negative cash balances in active ETFs typically result from settlement timing or transaction activity, though the fund did not specify the cause. The immediate impact on share price is unclear from public information.

Implications of the 29 May 2026 Holdings Report for FUTR Investors

This monthly disclosure offers FUTR investors a transparent and current view of the Janus Henderson Global Sustainable Equity Active ETF’s portfolio allocation. The fund is heavily weighted toward technology and semiconductors at the top, while maintaining diversification across healthcare, financials, European industrials, and Asian markets. Given the ETF’s active management, these allocations may shift significantly between monthly reports at the portfolio managers’ discretion.

Investors focused on the fund’s sustainable investment objectives will observe holdings in renewable energy infrastructure, electric vehicle supply chains, energy efficiency, and data-driven financial services—sectors commonly aligned with ESG mandates. The forthcoming monthly holdings report will be a key indicator of whether the manager adjusts major positions such as NVIDIA, Microsoft, or TSMC, or alters the fund’s geographic or sector exposures.