Where Janus' Decker Might Be Spending His $1 Billion

The Janus Strategic Value fund launched Wednesday with more than $1 billion in assets, as investors backed the proverbial cash truck up to the Denver fund shop's door. Now, where might portfolio manager David Decker invest all that green?

We probably won't know for sure until June, when the fund's top stock picks and sectors from April show up on its Web page and shareholder report.

The $250 billion firm has reason to guard its portfolio information, because many of its hot stock funds have big bets on relatively few stocks. Janus fears that traders will front-run its moves, and that fear is not unfounded. Jim Cramer extolled the value of owning some "Janus stocks" in a recent column. ...