Janus Henderson Group PLC increased its investment in Workday by 101.4% according to a recent filing. The asset manager purchased an additional 2,525,821 shares.

Total ownership now stands at 5,017,905 shares. The total stake is valued at approximately $1.077 billion. This position represents 1.91% of the company.

Workday shares opened at $121.83 on Thursday. Other institutional investors and hedge funds have also recently increased their positions in the software maker.