Jennison Associates

Jennison Associates

Period

Q1 2026

Portfolio Date

Mar 31, 2026

Stocks Held

558

Market Value

$145.4B

Portfolio Analysis

AIPreview
Full report in app

I. Institutional Overview

Jennison Associates, a premier institutional investment manager with a storied history of growth-oriented investing, has released its 13F holdings report for the first quarter of 2026. As of March 31, 2026, the firm manages a massive equity portfolio valued at approximately $145.36 billion. This scale places Jennison among the elite tier of global asset...

Analyzing the firm’s holding structure reveals a sophisticated balance between high-conviction concentration and broad-based diversification. With 558 total holdings, Jennison maintains a wide net across the investable universe. However, a closer look at the capital distribution shows a distinct "barbell" strategy. The top of the portfolio is remarkably...

The institutional "psychological portrait" of Jennison Associates this quarter is one of calculated refinement and strategic rotation. Despite the massive total portfolio value, the firm is not standing still. The data indicates a period of intense activity, characterized by the pruning of long-term winners that may have reached full valuation and the...

Based on the latest available 13F filing.

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Holdings Value Trend

Q2 2024

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Top 5 Holdings

1

$NVDA

NVIDIA Corporation

8.9%

% of Portfolio

2

$AMZN

Amazon.com, Inc.

5.9%

% of Portfolio

3

$AAPL

Apple Inc.

5.9%

% of Portfolio

4

$AVGO

Broadcom Inc.

4.8%

% of Portfolio

5

$MSFT

Microsoft Corporation

4.5%

% of Portfolio

Historical Positions

SymbolQ1 2026Q4 2025Q3 2025Q2 2025
NVDA8.9%8.7%9.6%8.5%
AMZN5.9%6.0%5.7%6.0%
AAPL5.9%5.8%5.5%3.9%
AVGO4.8%4.5%4.3%3.8%
MSFT4.5%6.1%6.5%6.5%
GOOGL3.9%4.1%2.7%-
LLY3.2%3.3%-2.5%
META3.1%3.3%5.0%5.5%
GOOG2.8%2.8%--
TSM2.8%-2.0%-

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

NVDA+17.47%
AMZN+15.96%
AVGO+24.57%
GOOGL+24.42%
AMD+140.11%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

SHOP-6.87%
NFLX-15.48%
PLTR-10.39%
SPOT+0.22%
ISRG-10.43%

Sector Analysis

Energy1.7%
Others0.8%
Materials0.7%
Utilities4.0%
Financials6.8%
Healthcare9.1%
Technology39.5%
Industrials7.4%

Trading Summary

1

$PLTR

1.1%

2

$KLAC

0.4%

3

$CRS

0.2%

4

$NBIS

0.1%

5

$ESLT

0.1%

6

$MU

0.1%

7

$CRWV

0.1%

8

$CVNA

0.1%

9

$REGN

0.1%

10

$CHRD

0.0%

11

$DOW

0.0%

12

$GKOS

0.0%

13

$WULF

0.0%

14

$AUGO

0.0%

15

$DNTH

0.0%

16

$MWH

0.0%

17

$NIC

0.0%

18

$TERN

0.0%

19

$TYRA

0.0%

20

$VIAV

0.0%

All Holdings

1

$NVDA

8.9%

2

$AMZN

5.9%

3

$AAPL

5.9%

4

$AVGO

4.8%

5

$MSFT

4.5%

6

$GOOGL

3.9%

7

$LLY

3.2%

8

$META

3.1%

9

$GOOG

2.8%

10

$TSM

2.8%

11

$TSLA

2.5%

12

$GE

2.1%

13

$NFLX

1.9%

14

$MA

1.8%

15

$WMT

1.7%

16

$COST

1.6%

17

$V

1.4%

18

$BA

1.4%

19

$SHOP

1.3%

20

$AMD

1.3%

21

$CEG

1.3%

22

$CDNS

1.1%

23

$PLTR

1.1%

24

$CRWD

1.0%

25

$ISRG

1.0%

26

$SPOT

0.9%

27

$DIS

0.9%

28

$APH

0.9%

29

$VRTX

0.8%

30

$GS

0.8%

31

$SNOW

0.7%

32

$EW

0.7%

33

$ORCL

0.7%

34

$HLT

0.7%

35

$APP

0.6%

36

$NET

0.6%

37

$ORLY

0.6%

38

$GEV

0.5%

39

$MRK

0.5%

40

$LRCX

0.5%

41

$DDOG

0.5%

42

$KLAC

0.4%

43

$MELI

0.4%

44

$NEE

0.4%

45

$TJX

0.4%

46

$NU

0.3%

47

$TXN

0.3%

48

$NI

0.3%

49

$JPM

0.3%

50

$ABNB

0.3%