JENNISON ASSOCIATES LLC

CIK

53417

Location

NEW YORK, NY

Portfolio Value

Mega $139,568,188,264

Diversification

Diversified

Filing Date

Global Rank

#57 / 8,605 ▼ 3 · as of Mar 2026

Top Industry

Semiconductors 19.4%

3Y Alpha vs SPY

-0.9%

Period ended 3 months ago

Filed May 6, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+72.7%

SPY

+76.5%

Annualised alpha

-0.9%

Max drawdown

−23.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

543 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.2%

+0.1 pts

Top 5

31.3%

−1.3 pts

Top 10

47.6%

−1.8 pts

HHI

306

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	39.9%	$55,738,008,552	80
Consumer Cyclical	12.5%	$17,424,222,999	46
Communication Services	12.1%	$16,923,269,821	17
Healthcare	9.5%	$13,316,156,840	99
Industrials	7.7%	$10,737,924,651	88
Financial Services	7.0%	$9,826,989,816	55
Utilities	4.2%	$5,841,977,379	32
Consumer Defensive	3.7%	$5,167,448,803	15
Energy	1.8%	$2,519,172,032	46
Basic Materials	0.8%	$1,106,418,045	31
Real Estate	0.7%	$965,053,314	32
Unclassified	0.0%	$1,546,012	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABNB	Airbnb, Inc.	+3,139,315	3,172,959	$400,681,262
GE	General Electric Co	+3,017,937	11,026,006	$3,128,849,721
LFST	LifeStance Health Group, Inc.	+2,843,388	10,228,801	$65,157,461
BE	Bloom Energy Corp	+2,673,710	2,687,029	$364,065,558
NET	Cloudflare, Inc.	+2,530,872	4,394,484	$906,757,827
LRCX	Lam Research Corp	+2,523,351	3,373,306	$720,740,559
IMVT	Immunovant, Inc.	+2,496,241	3,196,705	$79,406,151
PR	Permian Resources Corp	+2,411,292	6,230,034	$132,824,323
UE	Urban Edge Properties	+1,923,202	4,585,256	$91,613,414
CRGY	Crescent Energy Co	+1,810,225	4,254,407	$57,434,494
EBC	Eastern Bankshares, Inc.	+1,535,094	6,846,216	$133,911,984
TJX	Tjx Companies Inc /De/	+1,493,913	3,297,139	$526,553,097
CON	Concentra Group Holdings Parent, Inc.	+1,437,912	2,172,291	$46,595,641
WHD	Cactus, Inc.	+1,146,766	1,713,701	$81,178,016
PCVX	Vaxcyte, Inc.	+1,020,458	1,698,011	$98,671,418
FIGS	FIGS, Inc.	+897,935	1,401,214	$20,695,929
AVGO	Broadcom Inc.	+890,882	22,783,092	$7,051,594,804
FLYW	Flywire Corp	+878,248	5,298,881	$61,678,974
OLMA	Olema Pharmaceuticals, Inc.	+858,126	1,822,123	$27,167,853
CIFR	Cipher Digital Inc.	+824,618	2,519,281	$32,423,146
SEI	Solaris Energy Infrastructure, Inc.	+805,319	1,179,736	$66,666,880
ESI	Element Solutions Inc	+798,923	2,977,958	$101,667,485
GLPI	Gaming & Leisure Properties, Inc.	+781,198	4,378,409	$194,270,006
DD	DuPont de Nemours, Inc.	+749,806	1,322,015	$181,644,861
BVN	Buenaventura Mining Co Inc	+741,344	1,267,998	$45,698,647
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TOST	Toast, Inc.	−11,931,453	3,226,502	$85,534,567
NOW	ServiceNow, Inc.	−8,362,328	70,061	$7,324,877
NFLX	Netflix Inc	−6,875,817	27,996,134	$2,691,828,283
DXCM	Dexcom Inc	−4,741,847	1,048,097	$65,820,491
BSX	Boston Scientific Corp	−4,570,520	897,775	$56,335,380
SNOW	Snowflake Inc.	−4,439,222	7,164,080	$1,080,486,545
NVDA	Nvidia Corp	−4,073,719	73,978,086	$12,901,778,198
RSKD	Riskified Ltd.	−3,892,121	702,906	$2,755,391
NU	Nu Holdings Ltd.	−3,520,699	35,850,092	$515,165,821
MSFT	Microsoft Corp	−3,167,730	17,883,560	$6,619,957,404
HOOD	Robinhood Markets, Inc.	−2,962,334	1,449,702	$100,464,348
BAC	Bank Of America Corp /De/	−2,948,816	2,872,458	$140,032,327
DIS	Walt Disney Co	−2,861,487	13,826,532	$1,332,601,153
GLDD	Great Lakes Dredge & Dock CORP	−2,777,240	1,029,264	$17,497,488
ORLY	O Reilly Automotive Inc	−2,723,982	9,253,729	$854,211,723
SHOP	Shopify Inc.	−2,667,148	16,299,259	$1,933,418,101
UBER	Uber Technologies, Inc	−2,652,546	3,782,456	$272,072,059
ORCL	Oracle Corp	−2,479,269	6,935,065	$1,020,217,411
AAPL	Apple Inc.	−2,079,527	33,589,491	$8,524,676,920
GOOGL	Alphabet Inc.	−1,995,269	19,856,010	$5,709,794,234
KKR	KKR & Co. Inc.	−1,954,386	24,502	$2,266,435
CDNS	Cadence Design Systems Inc	−1,953,645	5,761,905	$1,601,060,542
AMZN	Amazon Com Inc	−1,929,646	41,507,558	$8,644,779,104
ADPT	Adaptive Biotechnologies Corp	−1,921,595	753,073	$10,452,652
ARQT	Arcutis Biotherapeutics, Inc.	−1,777,236	4,980,770	$117,346,940
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
PLTR	Palantir Technologies Inc.	10,760,942	$1,574,110,594
CRS	Carpenter Technology Corp	805,306	$317,411,359
NBIS	Nebius Group N.V.	1,700,223	$176,415,137
AZN	Astrazeneca PLC	663,945	$130,943,232
ESLT	Elbit Systems Ltd	150,909	$128,135,322
MU	Micron Technology Inc	344,048	$116,233,176
CRWV	CoreWeave, Inc.	1,228,027	$95,135,251
REGN	Regeneron Pharmaceuticals, Inc.	115,199	$89,007,355
CHRD	Chord Energy Corp	423,338	$60,190,196
DOW	Dow Inc.	1,386,562	$57,750,307
KLAC	Kla Corp	384,456	$56,607,685
WULF	Terawulf Inc.	3,701,895	$53,418,344
GKOS	GLAUKOS Corp	487,020	$52,432,572
AUGO	Aura Minerals Inc.	617,378	$50,378,044
DNTH	Dianthus Therapeutics, Inc. /DE/	485,136	$40,712,613
NIC	Nicolet Bankshares Inc	213,927	$31,793,829
TERN	Terns Pharmaceuticals, Inc.	501,419	$26,434,809
MWH	SOLV Energy, Inc.	864,823	$25,970,634
TYRA	Tyra Biosciences, Inc.	632,432	$24,222,145
VIAV	Viavi Solutions Inc.	684,480	$22,779,494
TDG	TransDigm Group INC	17,697	$20,510,115
CVNA	Carvana Co.	313,110	$19,687,104
ABT	Abbott Laboratories	189,890	$19,496,006
VG	Venture Global, Inc.	917,509	$14,459,941
BG	Bunge Global SA	112,699	$14,335,312
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SE	Sea Ltd	1,619,291	$206,572,952
ICLR	Icon PLC	677,981	$123,541,697
ALNY	Alnylam Pharmaceuticals, Inc.	277,759	$110,450,866
RYTM	Rhythm Pharmaceuticals, Inc.	918,567	$98,323,411
VEEV	Veeva Systems Inc	413,826	$92,378,377
MMYT	MakeMyTrip Ltd	814,722	$66,904,970
FOUR	Shift4 Payments, Inc.	925,232	$58,261,858
SOLV	Solventum Corp	625,764	$49,585,539
ACVA	ACV Auctions Inc.	5,766,578	$46,247,954
PINS	Pinterest, Inc.	1,768,597	$45,788,976
BX	Blackstone Inc.	261,761	$40,347,840
WGS	GeneDx Holdings Corp.	302,149	$39,297,497
BZ	Kanzhun Ltd	1,891,265	$38,543,980
APLS	Apellis Pharmaceuticals, Inc.	1,504,299	$37,787,990
CWAN	Clearwater Analytics Holdings, Inc.	1,501,384	$36,213,381
STVN	Stevanato Group S.p.A.	1,772,896	$35,670,667
VRNS	Varonis Systems Inc	1,036,934	$34,011,434
NAVN	Navan, Inc.	1,826,419	$31,195,235
TCOM	Trip.com Group Ltd	369,952	$26,603,247
TME	Tencent Music Entertainment Group	1,508,978	$26,452,384
PDD	PDD Holdings Inc.	213,348	$24,191,529
ZS	Zscaler, Inc.	85,099	$19,140,467
COHR	Coherent Corp.	103,661	$19,132,710
GRAB	Grab Holdings Ltd	3,791,286	$18,918,516
FLUT	Flutter Entertainment plc	75,975	$16,337,664
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

543 positions · $139,568,188,264 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 543 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	73,978,086	-4,073,719	$12,901,778,198	−11.4%	9.24%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	41,507,558	-1,929,646	$8,644,779,104	−13.8%	6.19%
AAPL	Apple Inc. Technology	Reduced	33,589,491	-2,079,527	$8,524,676,920	−12.1%	6.11%
AVGO	Broadcom Inc. Technology	Added	22,783,092	+890,882	$7,051,594,804	−6.9%	5.05%
MSFT	Microsoft Corp Technology	Reduced	17,883,560	-3,167,730	$6,619,957,404	−35.0%	4.74%
GOOGL	Alphabet Inc. Communication Services	Reduced	19,856,010	-1,995,269	$5,709,794,234	−16.5%	4.09%
LLY	ELI LILLY & Co Healthcare	Reduced	5,060,878	-72,798	$4,654,843,757	−15.6%	3.34%
META	Meta Platforms, Inc. Communication Services	Reduced	7,865,939	-484,599	$4,500,339,680	−18.4%	3.22%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	12,021,825	-1,372,474	$4,062,775,758	−0.2%	2.91%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	9,969,940	-514,908	$3,706,325,194	−21.4%	2.66%
GE	General Electric Co Industrials	Added	11,026,006	+3,017,937	$3,128,849,721	+26.8%	2.24%
NFLX	Netflix Inc Communication Services	Reduced	27,996,134	-6,875,817	$2,691,828,283	−17.7%	1.93%
MA	Mastercard Inc Financial Services	Added	5,123,041	+480,725	$2,559,778,665	−3.4%	1.83%
WMT	Walmart Inc. Consumer Defensive	Reduced	19,951,179	-102,676	$2,479,532,525	+11.0%	1.78%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	2,312,440	+84,805	$2,304,184,588	+19.9%	1.65%
V	Visa Inc. Financial Services	Reduced	6,922,544	-173,514	$2,092,269,698	−15.9%	1.50%
BA	Boeing Co Industrials	Added	10,232,501	+68,794	$2,036,574,673	−7.7%	1.46%
SHOP	Shopify Inc. Technology	Reduced	16,299,259	-2,667,148	$1,933,418,101	−36.7%	1.39%
AMD	Advanced Micro Devices Inc Technology	Reduced	9,427,377	-1,482,933	$1,917,811,302	−17.9%	1.37%
CEG	Constellation Energy Corp Utilities	Reduced	6,604,433	-375,790	$1,844,287,914	−25.2%	1.32%
CDNS	Cadence Design Systems Inc Technology	Reduced	5,761,905	-1,953,645	$1,601,060,542	−33.6%	1.15%
PLTR	Palantir Technologies Inc. Technology	NEW	10,760,942	NEW	$1,574,110,594	NEW	1.13%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	3,041,010	-168,127	$1,401,875,199	−22.9%	1.00%
SPOT	Spotify Technology S.A. Communication Services	Reduced	2,778,849	-228,372	$1,347,491,668	−22.8%	0.97%
DIS	Walt Disney Co Communication Services	Reduced	13,826,532	-2,861,487	$1,332,601,153	−29.8%	0.95%
APH	Amphenol Corp /De/ Technology	Reduced	10,238,520	-18,859	$1,293,637,001	−6.7%	0.93%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	2,740,059	-509,482	$1,223,545,945	−16.9%	0.88%
GS	Goldman Sachs Group Inc Financial Services	Reduced	1,322,121	-30,886	$1,118,501,144	−6.0%	0.80%
SNOW	Snowflake Inc. Technology	Reduced	7,164,080	-4,439,222	$1,080,486,545	−57.5%	0.77%
EW	Edwards Lifesciences Corp Healthcare	Reduced	13,066,274	-714,241	$1,046,347,220	−10.9%	0.75%
ORCL	Oracle Corp Technology	Reduced	6,935,065	-2,479,269	$1,020,217,411	−44.4%	0.73%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	3,245,568	-75,730	$986,912,317	+3.4%	0.71%
APP	AppLovin Corp Communication Services	Reduced	2,300,905	-436,119	$915,760,190	−50.3%	0.66%
NET	Cloudflare, Inc. Technology	Added	4,394,484	+2,530,872	$906,757,827	+146.8%	0.65%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	9,253,729	-2,723,982	$854,211,723	−21.8%	0.61%
GEV	GE Vernova Inc. Industrials	Added	904,703	+256,912	$789,715,247	+86.5%	0.57%
MRK	Merck & Co., Inc. Healthcare	Added	6,249,337	+689,849	$751,732,746	+28.5%	0.54%
LRCX	Lam Research Corp Technology	Added	3,373,306	+2,523,351	$720,740,559	+395.4%	0.52%
DDOG	Datadog, Inc. Technology	Reduced	5,922,887	-1,701,106	$699,196,810	−32.6%	0.50%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	318,708	-51,088	$551,052,506	−26.0%	0.39%
NEE	Nextera Energy Inc Utilities	Reduced	5,888,264	-44,576	$546,901,960	+14.8%	0.39%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	3,297,139	+1,493,913	$526,553,097	+90.1%	0.38%
NU	Nu Holdings Ltd. Financial Services	Reduced	35,850,092	-3,520,699	$515,165,821	−21.8%	0.37%
TXN	Texas Instruments Inc Technology	Added	2,311,547	+260,622	$448,763,734	+26.1%	0.32%
NI	Nisource Inc. Utilities	Reduced	9,221,560	-208,234	$430,277,989	+9.3%	0.31%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,383,648	-19,486	$407,013,895	−10.0%	0.29%
ABNB	Airbnb, Inc. Consumer Cyclical	Added	3,172,959	+3,139,315	$400,681,262	+8675.0%	0.29%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	3,829,124	-1,678,711	$373,732,074	−42.1%	0.27%
BE	Bloom Energy Corp Industrials	Added	2,687,029	+2,673,710	$364,065,558	+31358.5%	0.26%
AXON	Axon Enterprise, Inc. Industrials	Reduced	826,680	-73,717	$351,082,729	−31.3%	0.25%