§ 13F · FUND PROFILE
JENNISON ASSOCIATES LLC.
Large-cap growth equity specialist
AUM · $166.7B (13F)Positions · 805Turnover · 69% · Q2Filed · Aug 3, 2026
CONCENTRATION
44%
Top 10 holdings
NEW BUYS
+80
+$4.6B deployed
EXITS
0
No exits
SECTOR SHIFT
RETAIL → SEMICONDUCTORS
-2pp · +4pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 3, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 62.92M | $12.6B | 7.6% | −13% |
| 2 | AAPL | APPLE INC | 32.00M | $9.3B | 5.6% | −2% |
| 3 | AMZN | AMAZON COM INC | 35.64M | $8.5B | 5.1% | −12% |
| 4 | AVGO | BROADCOM INC | 20.91M | $7.9B | 4.7% | −6% |
| 5 | GOOGL | ALPHABET INC | 18.25M | $6.5B | 3.9% | −5% |
| 6 | LLY | ELI LILLY & CO | 5.35M | $6.4B | 3.8% | +8% |
| 7 | MSFT | MICROSOFT CORP | 16.00M | $6.0B | 3.6% | −9% |
| 8 | AMD | ADVANCED MICRO DEVICES INC | 9.68M | $5.6B | 3.4% | +6% |
| 9 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 10.33M | $4.9B | 3.0% | −11% |
| 10 | GOOG | ALPHABET INC | 13.71M | $4.8B | 2.9% | −2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other30.0% (−2pp)
Semiconductors23.2% (+4pp)
Technology19.1% (±0)
Media12.7% (−1pp)
Retail9.1% (−2pp)
Aerospace & Defense4.8% (±0)
§ 03 · THE JENNISON SIGNAL
AC read
JENNISON ASSOCIATES LLC is a Quality / Compounder fund managing $166.7 billion in assets. The fund runs a broad portfolio of 805 positions, broad diversification across holdings, with the top 10 accounting for 44%. Trading activity is aggressive at 69% quarterly turnover, with 80 new positions and 0 exits last quarter. Top sector allocations: Other (30%), Semiconductors (23%), Technology (19%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+80 buys · −0 exits · 474 changed
Q1 2026
Busy quarter
+81 buys · −0 exits · 476 changed
Q4 2025
Busy quarter
+95 buys · −0 exits · 469 changed
Q3 2025
Busy quarter
+93 buys · −0 exits · 446 changed