Janus Henderson Group plc Reports New 5.4% Stake in Stride, Inc. (LRN)

On May 15, 2026, Janus Henderson Group plc filed a Schedule 13G reporting a new 5.4% ownership stake in Stride, Inc. (LRN). The filing indicates that as of the event date on March 31, 2026, Janus Henderson Group plc beneficially owns 2,277,279 shares of common stock. Janus Henderson Group plc serves as the ultimate parent company for several SEC-registered investment advisers, including Janus Henderson Investors US LLC and Janus Henderson Investors UK Limited, which exercise investment and voting discretion over the shares held in various managed portfolios. The reporting person reported shared voting and dispositive power over the entire 2,277,279 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This position represents a significant increase from the previously reported 0.0% ownership, establishing Janus Henderson as a major institutional shareholder in the educational services company.