JENNISON ASSOCIATES LLC
SEC Form 13F institutional filer · CIK 0000053417
13F-HR · 196 reported holdings · 2026-03-31
Asset management firm, subsidiary of Prudential Financial.
Reported long-US-equity value
$121.53B
Top-10 concentration
54.6%
JENNISON ASSOCIATES LLC — $122B AUM allocation strategy
JENNISON ASSOCIATES LLC files SEC Form 13F and reports $122B of long US equity value across 196 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 31.8%, followed by Communication Services 14.0% and Consumer Discretionary 10.2%.
The top 10 holdings account for 55% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
JENNISON ASSOCIATES LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$122B
total across 196 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
55% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ABNB +3.14M sh · +$396M+$GE +3.02M sh · +$662M+$LRCX +2.52M sh · +$575M
Biggest trims (shares)
−$NOW −8.36M sh · −$1.28B−$NFLX −6.88M sh · −$578M−$DXCM −4.74M sh · −$318M
Exited to nil (held last quarter, gone now)
$VEEV ($92.4M last qtr)$SOLV ($49.6M last qtr)$COHR ($19.1M last qtr)$WST ($15M last qtr)$CSGP ($11.1M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors18.0%—
- Interactive Media & Services11.8%—
- Broadline Retail7.1%—
- Technology Hardware, Storage & Peripherals7.0%—
- Systems Software5.4%—
- Aerospace & Defense4.3%—
- Consumer Staples Merchandise Retail4.0%—
- Pharmaceuticals3.8%—
- Other holdings38.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 74M | $12.9B | -4.07M | 10.6% |
| $AMZN | Amazon.com Inc | 41.5M | $8.64B | -1.93M | 7.1% |
| $AAPL | Apple Inc | 33.6M | $8.52B | -2.08M | 7.0% |
| $AVGO | Broadcom Inc | 22.8M | $7.05B | +891K | 5.8% |
| $MSFT | Microsoft Corporation | 17.9M | $6.62B | -3.17M | 5.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 19.9M | $5.71B | -2M | 4.7% |
| $LLY | Eli Lilly and Company | 5.06M | $4.65B | -72.8K | 3.8% |
| $META | Meta Platforms Inc | 7.87M | $4.5B | -485K | 3.7% |
| $GOOGL | Alphabet Inc | 14.3M | $4.11B | -260K | 3.4% |
| $TSLA | Tesla Inc | 9.97M | $3.71B | -515K | 3.0% |
…and 186 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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