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

Janus Henderson Group plc has filed a Schedule 13G reporting a new 5.4% ownership stake in Stride, Inc. (LRN) as of March 31, 2026. The filing indicates that Janus Henderson Group plc, acting as a parent holding company, beneficially owns 2,277,279 shares of common stock. This position is held through various SEC-registered investment advisers and foreign subsidiaries, including Janus Henderson Investors US LLC and Janus Henderson Investors UK Limited, which exercise investment and voting discretion over managed portfolios. The filing specifies that the reporting person has shared voting and dispositive power over the entire share amount, while sole power in these categories is reported as zero. The acquisition was made in the ordinary course of business, without the intent to change or influence the control of the issuer. This filing marks an increase from a previously reported 0% position, establishing Janus Henderson as a significant institutional shareholder in the education services company.