Schedule 13G/A: Janus Henderson Holds ~6.6% of SSNC Shares
Rhea-AI Filing Summary
Janus Henderson Group plc disclosed that it beneficially owns a multi-million share position in SS&C Technologies. The filing reports an aggregate holding of 16,495,178 shares, equal to 6.7% of SS&C's common stock, while a related schedule section notes that certain Janus Henderson advisers (JHIUS) may be deemed beneficial owners of 16,255,285 shares (6.6%). The document shows shared voting and dispositive power over these shares rather than sole control and identifies the filing entity as an investment adviser group and holding-company filer with named indirect adviser subsidiaries.
Positive
- Disclosure of a >5% institutional stake (16,495,178 shares, ~6.7%) increases transparency around large shareholders of SS&C
- Filing identifies adviser classification and relevant subsidiaries (JHIUS, JHIUKL, JHIAIFML), clarifying which entities exercise shared voting and dispositive power
Negative
- None.
Insights
TL;DR: Routine institutional disclosure of a >5% stake; material for ownership transparency but not a control change.
The Schedule 13G/A provides clear, quantifiable disclosure that Janus Henderson holds a significant passive stake in SS&C, reporting 16.5 million shares (~6.7%). The filing distinguishes shared voting/dispositive power, which typically indicates portfolio management arrangements rather than an active takeover intent. Investors gain transparency on large-holder composition, and the slight discrepancy between aggregate figures reported in different sections (16,495,178 vs. 16,255,285) is documented within the filing and should be reconciled by reviewers when assessing exact exposure.
TL;DR: Disclosure is governance-relevant: identifies adviser classification and indirect subsidiaries managing the holdings.
The filing identifies Janus Henderson as an investment adviser/holding company (IA, HC) and names indirect subsidiaries (JHIUS, JHIUKL, JHIAIFML) involved in managing the reported position. It affirms that the securities are held in the ordinary course of business and not for control purposes, and includes a standing power of attorney for authorized signatories. For corporate governance, the key takeaway is transparency on who exercises shared voting and dispositive authority, enabling SS&C and other stakeholders to track large passive investors.