Jennison Associates LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), Jennison Associates LLC reported 559 stock positions worth $145.4 billion. Its top holding was Nvidia (NVDA) at 8.9% of the portfolio, followed by Amazon.com (AMZN, 5.9%) and Apple (AAPL, 5.9%). Compared with Q4 2025, it opened 79 new positions, sold out of 91, added to 204 and reduced 274. The biggest buy was a new position in Palantir Technologies Class A (PLTR) and the biggest sale Microsoft (MSFT, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0000053417
- Portfolio Value
- $145.4B (Q1 2026)
- SEC Filing
- 0000053417-26-000040 ↗ filed May 6, 2026
Holdings Value
Holdings 559 stocks · $145.4B
| NVDA Nvidia Corp. | 8.87% | 73,978,086 | $12.9B | Reduce -5.2% |
| AMZN Amazon.com Inc. | 5.95% | 41,507,558 | $8.6B | Reduce -4.4% |
| AAPL Apple Inc. | 5.86% | 33,589,491 | $8.5B | Reduce -5.8% |
| AVGO Broadcom Inc. | 4.85% | 22,783,092 | $7.1B | Add +4.1% |
| MSFT Microsoft Corp. | 4.55% | 17,883,560 | $6.6B | Reduce -15.1% |
| GOOGL Alphabet Inc. Class A | 3.93% | 19,856,010 | $5.7B | Reduce -9.1% |
| LLY Eli Lilly & Co. | 3.20% | 5,060,878 | $4.7B | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 3.10% | 7,865,939 | $4.5B | Reduce -5.8% |
| GOOG Alphabet Inc. Class C | 2.82% | 14,315,477 | $4.1B | Reduce -1.8% |
| TSM Taiwan Semiconductor-SP ADR | 2.79% | 12,021,825 | $4.1B | Reduce -10.3% |
| TSLA Tesla Inc. | 2.55% | 9,969,940 | $3.7B | Reduce -4.9% |
| GE General Electric filed as GE AEROSPACE | 2.15% | 11,026,006 | $3.1B | Add +37.7% |
| NFLX Netflix Inc. | 1.85% | 27,996,134 | $2.7B | Reduce -19.7% |
| MA Mastercard Inc. Class A | 1.76% | 5,123,041 | $2.6B | Add +10.4% |
| WMT Walmart Inc. | 1.71% | 19,951,179 | $2.5B | Reduce -0.5% |
| COST Costco Wholesale Corp. | 1.58% | 2,312,440 | $2.3B | Add +3.8% |
| V Visa Inc. Class A | 1.44% | 6,922,544 | $2.1B | Reduce -2.5% |
| BA The Boeing Co. | 1.40% | 10,232,501 | $2.0B | Add +0.7% |
| SHOP Shopify Inc. Class A | 1.33% | 16,299,259 | $1.9B | Reduce -14.1% |
| AMD Advanced Micro Devices | 1.32% | 9,427,377 | $1.9B | Reduce -13.6% |
| CEG Constellation Energy | 1.27% | 6,604,433 | $1.8B | Reduce -5.4% |
| CDNS Cadence Design SYS Inc. | 1.10% | 5,761,905 | $1.6B | Reduce -25.3% |
| PLTR Palantir Technologies Inc. Class A | 1.08% | 10,760,942 | $1.6B | New |
| CRWD CrowdStrike Holdings Inc. Class A | 1.03% | 3,829,124 | $1.5B | Reduce -30.5% |
| ISRG Intuitive Surgical Inc. | 0.96% | 3,041,010 | $1.4B | Reduce -5.2% |
| SPOT Spotify Technology SA | 0.93% | 2,778,849 | $1.3B | Reduce -7.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.92% | 13,826,532 | $1.3B | Reduce -17.1% |
| APH Amphenol Corp. Class A | 0.89% | 10,238,520 | $1.3B | Reduce -0.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.84% | 2,740,059 | $1.2B | Reduce -15.7% |
| GS Goldman Sachs Group Inc. | 0.77% | 1,322,121 | $1.1B | Reduce -2.3% |
| SNOW Snowflake Inc. | 0.74% | 7,164,080 | $1.1B | Reduce -38.3% |
| EW Edwards Lifesciences Corp. | 0.72% | 13,066,274 | $1.0B | Reduce -5.2% |
| ORCL Oracle Corp. | 0.70% | 6,935,065 | $1.0B | Reduce -26.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.68% | 3,245,568 | $986.9M | Reduce -2.3% |
| APP AppLovin Corp. Class A | 0.63% | 2,300,905 | $915.8M | Reduce -15.9% |
| NET Cloudflare Inc. Class A | 0.62% | 4,394,484 | $906.8M | Add +135.8% |
| ORLY O'reilly Automotive Inc. | 0.59% | 9,253,729 | $854.2M | Reduce -22.7% |
| GEV GE Vernova Inc. | 0.54% | 904,703 | $789.7M | Add +39.7% |
| MRK Merck & Co. Inc. | 0.52% | 6,249,337 | $751.7M | Add +12.4% |
| LRCX Lam Research Corp. | 0.50% | 3,373,306 | $720.7M | Add +296.9% |
| DDOG Datadog Inc. Class A | 0.48% | 5,922,887 | $699.2M | Reduce -22.3% |
| KLAC KLA Corp. | 0.39% | 384,456 | $566.1M | New |
| MELI MercadoLibre Inc. | 0.38% | 318,708 | $551.1M | Reduce -13.8% |
| NEE Nextera Energy Inc. | 0.38% | 5,888,264 | $546.9M | Reduce -0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 3,297,139 | $526.6M | Add +82.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.35% | 35,850,092 | $515.2M | Reduce -8.9% |
| TXN Texas Instruments Inc. | 0.31% | 2,311,547 | $448.8M | Add +12.7% |
| NI Nisource Inc. | 0.30% | 9,221,560 | $430.3M | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 0.28% | 1,383,648 | $407.0M | Reduce -1.4% |
| ABNB Airbnb Inc. Class A | 0.28% | 3,172,959 | $400.7M | Add +9331.0% |
| BE Bloom Energy Corp. Class A | 0.25% | 2,687,029 | $364.1M | Add +20074.4% |
| AXON Axon Enterprise Inc. | 0.24% | 826,680 | $351.1M | Reduce -8.2% |
| CNP Centerpoint Energy Inc. | 0.22% | 7,517,003 | $324.4M | Reduce -2.7% |
| SHEL Shell PLC-ADR | 0.22% | 3,444,210 | $320.3M | Reduce -4.7% |
| EMBJ Embraer SA-Spon ADR | 0.22% | 5,383,720 | $319.5M | Reduce -6.0% |
| CRS Carpenter Technology | 0.22% | 805,306 | $317.4M | New |
| PNC PNC Financial Services Group | 0.20% | 1,403,630 | $292.1M | Add +15.1% |
| CSCO Cisco Systems Inc. | 0.19% | 3,580,283 | $277.8M | Reduce -3.7% |
| UBER Uber Technologies Inc. | 0.19% | 3,782,456 | $272.1M | Reduce -41.2% |
| RTX RTX Corp. | 0.18% | 1,378,798 | $266.0M | Add +37.5% |
| EGO Eldorado Gold Corp. | 0.18% | 7,480,848 | $256.8M | Reduce -7.4% |
| LNG Cheniere Energy Inc. | 0.16% | 829,221 | $235.3M | Reduce -19.4% |
| PH Parker Hannifin Corp. | 0.16% | 261,912 | $234.5M | Add +152.3% |
| ABBV Abbvie Inc. | 0.16% | 1,062,732 | $231.1M | Reduce -10.5% |
| VST Vistra Corp. | 0.16% | 1,522,432 | $228.9M | Add +12.5% |
| NOC Northrop Grumman Corp. | 0.16% | 335,065 | $228.6M | Reduce -16.6% |
| KEYS Keysight Technologies Inc. | 0.15% | 796,930 | $225.0M | Reduce -1.7% |
| ETR Entergy Corp. | 0.15% | 1,965,259 | $220.8M | Reduce -25.0% |
| IDA Idacorp Inc. | 0.15% | 1,497,342 | $214.1M | Add +0.9% |
| SRE Sempra | 0.14% | 2,112,069 | $205.2M | Reduce -2.0% |
| RL Ralph Lauren Corp. | 0.14% | 593,537 | $204.2M | Add +6.4% |
| XOM Exxon Mobil Corp. | 0.14% | 1,202,981 | $204.1M | Add +16.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.14% | 975,309 | $201.6M | Add +17.5% |
| WMB Williams Cos Inc. | 0.14% | 2,754,878 | $200.5M | Add +27.2% |
| GLPI Gaming and Leisure Propertie | 0.13% | 4,378,409 | $194.3M | Add +21.7% |
| TOL Toll Brothers Inc. | 0.13% | 1,418,543 | $193.6M | Add +30.1% |
| PLD Prologis Inc. | 0.13% | 1,414,743 | $187.0M | Add +31.7% |
| SO The Southern Co. | 0.13% | 1,930,415 | $186.3M | Add +20.9% |
| TFC Truist Financial Corp. | 0.13% | 4,024,305 | $185.0M | Add +20.1% |
| MET Metlife Inc. | 0.13% | 2,596,458 | $183.6M | Reduce -16.3% |
| UNH Unitedhealth Group Inc. | 0.12% | 658,056 | $178.1M | Add +58.3% |
| NBIS Nebius Group NV | 0.12% | 1,700,223 | $176.4M | New |
| GILD Gilead Sciences Inc. | 0.12% | 1,264,546 | $176.2M | Add +42.2% |
| GM General Motors Co. | 0.12% | 2,356,882 | $175.6M | Add +9.1% |
| ARGX Argenx SE - ADR | 0.12% | 237,468 | $173.4M | Add +3.4% |
| CB Chubb Ltd. | 0.12% | 520,383 | $169.6M | Reduce -6.2% |
| UNP Union Pacific Corp. | 0.12% | 693,249 | $168.2M | Reduce -18.1% |
| SRRK Scholar Rock Holding Corp. | 0.11% | 3,340,492 | $164.2M | Add +19.5% |
| PCG P G & E Corp. | 0.11% | 8,942,524 | $157.1M | Reduce -2.1% |
| AEE Ameren Corporation | 0.11% | 1,409,566 | $154.9M | Reduce -2.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 636,258 | $154.2M | Add +13.0% |
| XEL Xcel Energy Inc. | 0.10% | 1,921,483 | $152.6M | Reduce -2.0% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.10% | 115,553 | $152.6M | Add +52.2% |
| JCI Johnson Controls Internation | 0.10% | 1,154,315 | $151.2M | Add +67.4% |
| DELL Dell Technologies -C | 0.10% | 855,260 | $140.4M | Reduce -33.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 2,872,458 | $140.0M | Reduce -50.7% |
| MKL Markel Group Inc. | 0.09% | 71,444 | $136.7M | Reduce -2.4% |
| LNC Lincoln National Corp. | 0.09% | 3,823,152 | $135.7M | Add +3.9% |
| EBC Eastern Bankshares Inc. | 0.09% | 6,846,216 | $133.9M | Add +28.9% |
| COR Cencora Inc. | 0.09% | 426,092 | $133.9M | Add +144.9% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $15.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 279,165 | $12.0M | No change |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 50,000 | $3.2M | No change |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 10,076 | $529K | No change |
Total filed on the 13F, all lines: $145.4B.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -15.1% | 4.55% | −1.56 |
| SNOW Snowflake Inc. | Reduce -38.3% | 0.74% | −0.79 |
| NOW ServiceNow Inc. | Reduce -99.2% | 0.01% | −0.77 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -30.5% | 1.03% | −0.52 |
| SHOP Shopify Inc. Class A | Reduce -14.1% | 1.33% | −0.50 |
| APP AppLovin Corp. Class A | Reduce -15.9% | 0.63% | −0.48 |
| ORCL Oracle Corp. | Reduce -26.3% | 0.70% | −0.40 |
| CDNS Cadence Design SYS Inc. | Reduce -25.3% | 1.10% | −0.35 |
| TSLA Tesla Inc. | Reduce -4.9% | 2.55% | −0.28 |
| BSX Boston Scientific Corp. | Reduce -83.6% | 0.04% | −0.27 |
| TOST Toast Inc. Class A | Reduce -78.7% | 0.06% | −0.26 |
| HOOD Robinhood Markets Inc. Class A | Reduce -67.1% | 0.07% | −0.23 |
| DIS The Walt Disney Co. | Reduce -17.1% | 0.92% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -5.8% | 3.10% | −0.21 |
| CEG Constellation Energy | Reduce -5.4% | 1.27% | −0.21 |
| DXCM Dexcom Inc. | Reduce -81.9% | 0.05% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -9.1% | 3.93% | −0.18 |
| KKR KKR & Co. Inc. | Reduce -98.8% | 0.00% | −0.15 |
| DDOG Datadog Inc. Class A | Reduce -22.3% | 0.48% | −0.14 |
| UBER Uber Technologies Inc. | Reduce -41.2% | 0.19% | −0.13 |
| ISRG Intuitive Surgical Inc. | Reduce -5.2% | 0.96% | −0.13 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.12 |
| SPOT Spotify Technology SA | Reduce -7.6% | 0.93% | −0.12 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.12 |
| NFLX Netflix Inc. | Reduce -19.7% | 1.85% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -1.4% | 3.20% | −0.11 |
| BAC Bank of America Corp. | Reduce -50.7% | 0.10% | −0.10 |
| AZN Astrazeneca PLC | Reduce -60.5% | 0.09% | −0.10 |
| AMD Advanced Micro Devices | Reduce -13.6% | 1.32% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -4.4% | 5.95% | −0.07 |
| ICLR Icon PLC | Sold out | 0.00% | −0.07 |
| ORLY O'reilly Automotive Inc. | Reduce -22.7% | 0.59% | −0.07 |
| MELI MercadoLibre Inc. | Reduce -13.8% | 0.38% | −0.07 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.07 |
| AXON Axon Enterprise Inc. | Reduce -8.2% | 0.24% | −0.07 |
| RYTM Rhythm Pharmaceuticals Inc. | Sold out | 0.00% | −0.06 |
| EXE Expand Energy Corp. | Reduce -99.6% | 0.00% | −0.06 |
| GH Guardant Health Inc. | Reduce -82.6% | 0.01% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.06 |
| V Visa Inc. Class A | Reduce -2.5% | 1.44% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -59.0% | 0.05% | −0.05 |
| DHR Danaher Corp. | Reduce -49.2% | 0.05% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -15.7% | 0.84% | −0.04 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -8.9% | 0.35% | −0.04 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.04 |
| C Citigroup Inc. | Reduce -96.6% | 0.00% | −0.04 |
| ARQT Arcutis Biotherapeutics Inc. | Reduce -26.3% | 0.08% | −0.04 |
| FOUR SHIFT4 Payments Inc. Class A | Sold out | 0.00% | −0.04 |
| UL Unilever PLC-Sponsored ADR | Reduce -50.0% | 0.03% | −0.03 |
| SOLV Solventum Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| PLTR Palantir Technologies Inc. Class A | New | 1.08% | +1.08 |
| GE General Electric | Add +37.7% | 2.15% | +0.67 |
| COST Costco Wholesale Corp. | Add +3.8% | 1.58% | +0.43 |
| LRCX Lam Research Corp. | Add +296.9% | 0.50% | +0.41 |
| NET Cloudflare Inc. Class A | Add +135.8% | 0.62% | +0.40 |
| KLAC KLA Corp. | New | 0.39% | +0.39 |
| AVGO Broadcom Inc. | Add +4.1% | 4.85% | +0.30 |
| GEV GE Vernova Inc. | Add +39.7% | 0.54% | +0.29 |
| ABNB Airbnb Inc. Class A | Add +9331.0% | 0.28% | +0.27 |
| BE Bloom Energy Corp. Class A | Add +20074.4% | 0.25% | +0.25 |
| CRS Carpenter Technology | New | 0.22% | +0.22 |
| TJX TJX Companies Inc. | Add +82.8% | 0.36% | +0.20 |
| MA Mastercard Inc. Class A | Add +10.4% | 1.76% | +0.17 |
| MRK Merck & Co. Inc. | Add +12.4% | 0.52% | +0.17 |
| NBIS Nebius Group NV | New | 0.12% | +0.12 |
| PH Parker Hannifin Corp. | Add +152.3% | 0.16% | +0.11 |
| TXN Texas Instruments Inc. | Add +12.7% | 0.31% | +0.10 |
| ESLT Elbit Systems Ltd. | New | 0.09% | +0.09 |
| MU Micron Technology Inc. | New | 0.08% | +0.08 |
| BA The Boeing Co. | Add +0.7% | 1.40% | +0.08 |
| RTX RTX Corp. | Add +37.5% | 0.18% | +0.07 |
| CVNA Carvana Co. | New | 0.07% | +0.07 |
| XOM Exxon Mobil Corp. | Add +16.4% | 0.14% | +0.07 |
| CRWV Coreweave Inc. Class A | New | 0.07% | +0.07 |
| VLO Valero Energy Corp. | Add +377.1% | 0.07% | +0.06 |
| REGN Regeneron Pharmaceuticals | New | 0.06% | +0.06 |
| PTGX Protagonist Therapeutics Inc. | Add +223.7% | 0.08% | +0.06 |
| WMB Williams Cos Inc. | Add +27.2% | 0.14% | +0.06 |
| PR Permian Resources Corp. Class A | Add +63.1% | 0.09% | +0.06 |
| COR Cencora Inc. | Add +144.9% | 0.09% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +52.2% | 0.10% | +0.06 |
| GILD Gilead Sciences Inc. | Add +42.2% | 0.12% | +0.06 |
| JCI Johnson Controls Internation | Add +67.4% | 0.10% | +0.05 |
| AMAT Applied Materials Inc. | Add +185.9% | 0.07% | +0.05 |
| PCVX Vaxcyte Inc. | Add +150.6% | 0.07% | +0.05 |
| PNC PNC Financial Services Group | Add +15.1% | 0.20% | +0.05 |
| PLD Prologis Inc. | Add +31.7% | 0.13% | +0.05 |
| SO The Southern Co. | Add +20.9% | 0.13% | +0.04 |
| TOL Toll Brothers Inc. | Add +30.1% | 0.13% | +0.04 |
| IMVT Immunovant Inc. | Add +356.4% | 0.05% | +0.04 |
| CHRD Chord Energy Corp. | New | 0.04% | +0.04 |
| CPT Camden Property Trust | Add +100.2% | 0.08% | +0.04 |
| WHD Cactus Inc. Class A | Add +202.3% | 0.06% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +58.3% | 0.12% | +0.04 |
| DOW Dow Inc. | New | 0.04% | +0.04 |
| ALGN Align Technology Inc. | Add +203.0% | 0.05% | +0.04 |
| SRRK Scholar Rock Holding Corp. | Add +19.5% | 0.11% | +0.04 |
| PEP Pepsico Inc. | Add +157.0% | 0.06% | +0.04 |
| MTB M & T Bank Corp. | Add +17.5% | 0.14% | +0.04 |
| RUSHA Rush Enterprises Inc. Class A | Add +166.4% | 0.05% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 564 | $166.7B | NVDA, AAPL, AMZN, AVGO, GOOGL |
| Q1 2026 | 559 | $145.4B | NVDA, AMZN, AAPL, AVGO, MSFT |
| Q4 2025 | 571 | $166.6B | NVDA, MSFT, AMZN, AAPL, AVGO |
| Q3 2025 | 557 | $171.8B | NVDA, MSFT, AMZN, AAPL, META |
| Q2 2025 | 570 | $168.6B | NVDA, MSFT, AMZN, META, NFLX |
| Q1 2025 | 563 | $142.6B | NVDA, AMZN, AAPL, META, MSFT |
| Q4 2024 | 568 | $164.7B | NVDA, AMZN, AAPL, MSFT, META |
| Q3 2024 | 557 | $161.1B | NVDA, MSFT, AMZN, AAPL, META |
| Q2 2024 | 571 | $156.0B | NVDA, MSFT, AMZN, AAPL, META |
| Q1 2024 | 571 | $149.6B | NVDA, MSFT, AMZN, META, LLY |