Janus Henderson Group plc reports beneficial ownership of 5.7% of Gildan Activewear Inc., equal to 10,593,203 common shares as of 03/31/2026. The holding is held through multiple registered asset managers and represents shared voting and dispositive power over those shares on behalf of managed portfolios.
The filing is an amendment to a Schedule 13G and states the Asset Managers exercise voting and/or investment discretion but disclaim rights to dividends or sale proceeds; signature dated 5/15/2026.
Positive
None.
Negative
None.
Insights
Large passive stake reported: 10,593,203 shares (5.7%).
The filing shows 10,593,203 common shares of Gildan Activewear held in aggregate by Janus Henderson’s Asset Managers as of 03/31/2026. The schedule classifies voting and dispositive power as shared across the Asset Managers.
Because this is a Schedule 13G/A amendment, it reads as an ownership disclosure for managed portfolios rather than an active transaction; subsequent filings will show any material changes in position.
Disclosure emphasizes discretionary management and disclaimer of dividend/proceeds rights.
The statement clarifies that the Asset Managers "generally exercise investment and/or voting discretion" for Managed Portfolios and that the Asset Managers disclaim rights to receive dividends or proceeds from sales. This language aligns with pooled account/reporting conventions.
Investors should note the filing identifies shared voting and dispositive power of 10,593,203 shares; the filing is an amendment and includes Exhibit references for subsidiary identification and power of attorney.
Key Figures
Filing type:Schedule 13G/A (Amendment No. 4)Beneficial ownership:10,593,203 sharesPercent of class:5.7%+2 more
5 metrics
Filing typeSchedule 13G/A (Amendment No. 4)Ownership disclosure for institutional holders
Beneficial ownership10,593,203 sharesAs of <date>03/31/2026</date>
Percent of class<percent>5.7%</percent>Percent of Gildan Activewear class
CUSIP375916103Gildan Activewear Inc. common shares
Signature date5/15/2026Schedule signed by Head of North America Compliance
"held in their respective accounts by the Managed Portfolios"
beneficial ownerregulatory
"may be deemed to be the beneficial owner of 10,593,203 common stock"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared dispositive powerregulatory
"Shared Dispositive Power 10,593,203.00"
Schedule 13G/Aregulatory
"Amendment No. 4 GILDAN ACTIVEWEAR INC Common Shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
What stake does Janus Henderson (GIL) report in Gildan Activewear?
Janus Henderson reports beneficial ownership of 10,593,203 common shares, representing 5.7% of Gildan Activewear as of 03/31/2026. The position is held across multiple managed portfolios.
Does Janus Henderson have voting or sale rights over these Gildan shares?
The filing states Janus Henderson's Asset Managers have shared voting power and shared dispositive power over 10,593,203 shares; no sole voting or sole dispositive power is claimed.
Are the Janus Henderson holdings reported as direct ownership or on behalf of clients?
The filing explains the shares are held by Managed Portfolios on whose behalf Asset Managers exercise discretion; the Asset Managers report beneficial ownership but disclaim rights to dividends or proceeds associated with those holdings.
What form was filed to disclose this holding and when was it signed?
The holding is disclosed via an amended Schedule 13G (Amendment No. 4) for Gildan Activewear (CUSIP 375916103), and the filing is signed on 5/15/2026 referencing holdings as of 03/31/2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
GILDAN ACTIVEWEAR INC
(Name of Issuer)
Common Shares
(Title of Class of Securities)
375916103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
375916103
1
Names of Reporting Persons
JANUS HENDERSON GROUP PLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,593,203.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,593,203.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,593,203.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
Address or principal business office or, if none, residence:
201 Bishopsgate
EC2M 3AE, United Kingdom
(c)
Citizenship:
Y9
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
375916103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Janus Henderson Group plc (JHG) is the ultimate parent of a number of SEC-registered investment advisers and foreign equivalents thereof, including but not limited to Janus Henderson Investors US LLC, Janus Henderson Investors UK Limited, Janus Henderson Investors Australia Institutional Funds Management Limited, Janus Henderson Investors Middle East Limited, Janus Henderson Investors (Jersey) Limited, Janus Henderson Investors (Japan) Limited, Janus Henderson Investors (Singapore) Limited, Kapstream Capital Pty Limited, Privacore Capital Advisors LLC, Tabula Investment Management Limited, and Victory Park Capital Advisors LLC (each, an Asset Manager and together, the Asset Managers). The Asset Managers generally exercise investment and/or voting discretion on behalf of their clients which include investment companies, other investment advisers, institutional separate accounts and retail separate accounts (collectively referred to herein as Managed Portfolios).
As a result of their exercise of investment and/or voting discretion on behalf of the Managed Portfolios, the Asset Managers may be deemed to be the beneficial owner of 10,593,203 common stock of Gildan Activewear Inc. However, the Asset Managers do not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Managed Portfolios and disclaim any ownership associated with such rights.
(b)
Percent of class:
5.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
10593203
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
10593203
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Managed Portfolios have the right to receive all dividends from, and the proceeds from the sale of, the securities held in their respective accounts.
Of the Managed Portfolios, none own more than five percent of the common shares of Gildan Activewear Inc.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please refer to Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
N/A
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
N/A
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.