Scott Black's Investment Moves in Q1 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 hours ago
0mins
Should l Buy JHG?
Source: Yahoo Finance
- New Portfolio Dynamics: In Q1 2026, Scott Black added eight stocks, with Academy Sports and Outdoors Inc (NASDAQ:ASO) being the largest addition at 21,077 shares valued at $1.19 million, representing 1.42% of the portfolio, indicating confidence in the consumer goods sector.
- Significant Stake Increase: Urban Outfitters Inc (NASDAQ:URBN) saw a stake increase of 13,176 shares, totaling 17,181 shares, reflecting a 328.99% rise and a 1% impact on the portfolio, suggesting optimism about the brand's growth potential.
- Complete Exits: Scott Black fully exited five holdings in Q1, including Janus Henderson Group PLC (NYSE:JHG), selling all 33,562 shares, which resulted in a -1.56% impact on the portfolio, reflecting a cautious outlook on the company's prospects.
- Position Reductions: Among 69 stocks, Scott Black reduced his stake in ASE Technology Holding Co Ltd (NYSE:ASX) by 39,641 shares, a 40.23% decrease, impacting the portfolio by -0.62%, indicating concerns about the stock's future performance.
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Analyst Views on JHG
Wall Street analysts forecast JHG stock price to fall
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 51.560
Low
48.00
Averages
49.67
High
55.00
Current: 51.560
Low
48.00
Averages
49.67
High
55.00
About JHG
Janus Henderson Group plc is a United Kingdom-based independent global asset manager, which is specializing in active investment across various asset classes. The Company manages a broad range of investment products for institutional and retail investors across four capabilities: equities, fixed income, multi-asset and alternatives. Its intermediary channel distributes United States mutual funds, separately managed accounts, exchange-traded funds and various others, through financial intermediaries, including banks, financial advisors and discretionary wealth managers. The self-directed channel serves individual investors who invest in its products through a mutual fund supermarket or directly with the Company. Its institutional channel serves corporations, endowments, pension funds and others, with distribution direct to the plan sponsor and through consultants. It has operations in North America, the United Kingdom, continental Europe, Latin America, Japan, Asia, and Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Scott Black's Investment Moves in Q1 2026
- New Portfolio Dynamics: In Q1 2026, Scott Black added eight stocks, with Academy Sports and Outdoors Inc (NASDAQ:ASO) being the largest addition at 21,077 shares valued at $1.19 million, representing 1.42% of the portfolio, indicating confidence in the consumer goods sector.
- Significant Stake Increase: Urban Outfitters Inc (NASDAQ:URBN) saw a stake increase of 13,176 shares, totaling 17,181 shares, reflecting a 328.99% rise and a 1% impact on the portfolio, suggesting optimism about the brand's growth potential.
- Complete Exits: Scott Black fully exited five holdings in Q1, including Janus Henderson Group PLC (NYSE:JHG), selling all 33,562 shares, which resulted in a -1.56% impact on the portfolio, reflecting a cautious outlook on the company's prospects.
- Position Reductions: Among 69 stocks, Scott Black reduced his stake in ASE Technology Holding Co Ltd (NYSE:ASX) by 39,641 shares, a 40.23% decrease, impacting the portfolio by -0.62%, indicating concerns about the stock's future performance.
See More
Janus Henderson Shareholders Approve Go-Private Transaction
- Shareholder Voting Outcome: Janus Henderson shareholders overwhelmingly approved the go-private transaction with Trian Fund Management and General Catalyst Group, with 99.7% of votes in favor, indicating strong investor confidence in the deal.
- Transaction Details Revealed: Under the terms, Trian and General Catalyst will acquire all outstanding Janus Henderson shares at $52.00 per share in cash, with the deal expected to close in mid-2026, enhancing the company's capital structure.
- Positive Market Reaction: The approval of this transaction marks Janus Henderson's transition to private ownership, which may provide greater strategic flexibility and resource allocation efficiency, thereby enhancing long-term growth potential.
- Competitive Dynamics Shift: Following the announcement, Victory Capital withdrew its acquisition proposal for Janus Henderson, indicating a diminishing interest in the company while reflecting the strong intentions of Trian and General Catalyst in their acquisition efforts.
See More
Janus Henderson Group PLC Discloses Approximately 5.04% Ownership in Hilton Food Group as of April 2 - Filing
- Stake Acquisition: Janus Henderson Group PLC has reported a 5.04% stake in Hiltons Food Group as of an April 2 filing.
- Investment Insight: This acquisition reflects Janus Henderson's strategic investment interests in the food sector.
See More
Investigation Alerts for Multiple Company Mergers
- Soleno Acquisition Investigation: Soleno Therapeutics is set to be acquired by Neurocrine Biosciences for $53.00 per share, totaling approximately $2.9 billion, yet this price is below its 52-week high of $90.32, raising concerns among investors about the board's fiduciary duties.
- Affinity Bancshares Merger Review: Affinity Bancshares will be acquired by Fidelity BancShares for $23.00 per share, with a total transaction value of about $142.8 million, as investigations question whether the board conducted a fair process, potentially impacting shareholder rights.
- Forian Acquisition Scrutiny: Forian will be acquired by an entity affiliated with CEO Max Wygod for $2.17 per share, with investigations focusing on whether the board failed to uphold fiduciary duties, affecting shareholder confidence in the deal.
- Janus Henderson Acquisition Investigation: Janus Henderson is to be acquired by Trian and General Catalyst for $49.00 per share, amounting to approximately $7.4 billion, with investigations examining whether the board ensured fair value for shareholders, which could jeopardize shareholder interests.
See More
Janus Henderson Secures a Buyer: A Look at the Performance of Its Funds.
- Acquisition Announcement: Janus Henderson, managing $493 billion in assets, is set to be acquired by Trian Fund Management and General Catalyst for $52 per share in cash.
- Bidding Update: The acquisition follows the withdrawal of rival bidder Victory Capital Holdings from the bidding process earlier this week.
See More
Trian's Battle for Janus Henderson Concludes: A Look at Fund Performance.
Acquisition Announcement: Janus Henderson, managing $493 billion in assets, is set to be acquired by Trian Fund Management and General Catalyst for $52 per share in cash.
Bidding Update: The acquisition follows the withdrawal of rival bidder Victory Capital Holdings from the bidding process earlier this week.
See More
Scott Black's Investment Moves in Q1 2026
- New Portfolio Dynamics: In Q1 2026, Scott Black added eight stocks, with Academy Sports and Outdoors Inc (NASDAQ:ASO) being the largest addition at 21,077 shares valued at $1.19 million, representing 1.42% of the portfolio, indicating confidence in the consumer goods sector.
- Significant Stake Increase: Urban Outfitters Inc (NASDAQ:URBN) saw a stake increase of 13,176 shares, totaling 17,181 shares, reflecting a 328.99% rise and a 1% impact on the portfolio, suggesting optimism about the brand's growth potential.
- Complete Exits: Scott Black fully exited five holdings in Q1, including Janus Henderson Group PLC (NYSE:JHG), selling all 33,562 shares, which resulted in a -1.56% impact on the portfolio, reflecting a cautious outlook on the company's prospects.
- Position Reductions: Among 69 stocks, Scott Black reduced his stake in ASE Technology Holding Co Ltd (NYSE:ASX) by 39,641 shares, a 40.23% decrease, impacting the portfolio by -0.62%, indicating concerns about the stock's future performance.
See More
Janus Henderson Shareholders Approve Go-Private Transaction
- Shareholder Voting Outcome: Janus Henderson shareholders overwhelmingly approved the go-private transaction with Trian Fund Management and General Catalyst Group, with 99.7% of votes in favor, indicating strong investor confidence in the deal.
- Transaction Details Revealed: Under the terms, Trian and General Catalyst will acquire all outstanding Janus Henderson shares at $52.00 per share in cash, with the deal expected to close in mid-2026, enhancing the company's capital structure.
- Positive Market Reaction: The approval of this transaction marks Janus Henderson's transition to private ownership, which may provide greater strategic flexibility and resource allocation efficiency, thereby enhancing long-term growth potential.
- Competitive Dynamics Shift: Following the announcement, Victory Capital withdrew its acquisition proposal for Janus Henderson, indicating a diminishing interest in the company while reflecting the strong intentions of Trian and General Catalyst in their acquisition efforts.
See More
Janus Henderson Group PLC Discloses Approximately 5.04% Ownership in Hilton Food Group as of April 2 - Filing
- Stake Acquisition: Janus Henderson Group PLC has reported a 5.04% stake in Hiltons Food Group as of an April 2 filing.
- Investment Insight: This acquisition reflects Janus Henderson's strategic investment interests in the food sector.
See More
Investigation Alerts for Multiple Company Mergers
- Soleno Acquisition Investigation: Soleno Therapeutics is set to be acquired by Neurocrine Biosciences for $53.00 per share, totaling approximately $2.9 billion, yet this price is below its 52-week high of $90.32, raising concerns among investors about the board's fiduciary duties.
- Affinity Bancshares Merger Review: Affinity Bancshares will be acquired by Fidelity BancShares for $23.00 per share, with a total transaction value of about $142.8 million, as investigations question whether the board conducted a fair process, potentially impacting shareholder rights.
- Forian Acquisition Scrutiny: Forian will be acquired by an entity affiliated with CEO Max Wygod for $2.17 per share, with investigations focusing on whether the board failed to uphold fiduciary duties, affecting shareholder confidence in the deal.
- Janus Henderson Acquisition Investigation: Janus Henderson is to be acquired by Trian and General Catalyst for $49.00 per share, amounting to approximately $7.4 billion, with investigations examining whether the board ensured fair value for shareholders, which could jeopardize shareholder interests.
See More
Janus Henderson Secures a Buyer: A Look at the Performance of Its Funds.
- Acquisition Announcement: Janus Henderson, managing $493 billion in assets, is set to be acquired by Trian Fund Management and General Catalyst for $52 per share in cash.
- Bidding Update: The acquisition follows the withdrawal of rival bidder Victory Capital Holdings from the bidding process earlier this week.
See More
Trian's Battle for Janus Henderson Concludes: A Look at Fund Performance.
Acquisition Announcement: Janus Henderson, managing $493 billion in assets, is set to be acquired by Trian Fund Management and General Catalyst for $52 per share in cash.
Bidding Update: The acquisition follows the withdrawal of rival bidder Victory Capital Holdings from the bidding process earlier this week.
See More
