JENNISON ASSOCIATES LLC Q4 2025 Filing

Filed January 30, 2026

Portfolio Value

$166.6B

Holdings

574

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (574 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION
78,051,805$14.6B8.74%
2
MSFTMICROSOFT CORP
21,051,290$10.2B6.11%
3
AMZNAMAZON COM INC
43,437,204$10.0B6.02%
4
AAPLAPPLE INC
35,669,018$9.7B5.82%
5
AVGOBROADCOM INC
21,892,210$7.6B4.55%
6
GOOGLALPHABET INC
21,851,279$6.8B4.11%
7
LLYELI LILLY & CO
5,133,676$5.5B3.31%
8
METAMETA PLATFORMS INC
8,350,538$5.5B3.31%
9
TSLATESLA INC
10,484,848$4.7B2.83%
10
GOOGALPHABET INC
14,575,191$4.6B2.75%
11
TSMTAIWAN SEMICONDUCTOR MFG LTD
13,394,299$4.1B2.44%
12
NFLXNETFLIX INC
34,871,951$3.3B1.96%
13
SHOPSHOPIFY INC
18,966,407$3.1B1.83%
14
MAMASTERCARD INCORPORATED
4,642,316$2.7B1.59%
15
CRWDCROWDSTRIKE HLDGS INC
5,507,835$2.6B1.55%
16
SNOWSNOWFLAKE INC
11,603,302$2.5B1.53%
17
VVISA INC
7,096,058$2.5B1.49%
18
GEGE AEROSPACE
8,008,069$2.5B1.48%
19
CEGCONSTELLATION ENERGY CORP
6,980,223$2.5B1.48%
20
CDNSCADENCE DESIGN SYSTEM INC
7,715,550$2.4B1.45%
21
AMDADVANCED MICRO DEVICES INC
10,910,310$2.3B1.40%
22
WMTWALMART INC
20,053,855$2.2B1.34%
23
BABOEING CO
10,163,707$2.2B1.32%
24
COSTCOSTCO WHSL CORP NEW
2,227,635$1.9B1.15%
25
DISDISNEY WALT CO
16,688,019$1.9B1.14%
26
APPAPPLOVIN CORP
2,737,024$1.8B1.11%
27
ORCLORACLE CORP
9,414,334$1.8B1.10%
28
ISRGINTUITIVE SURGICAL INC
3,209,137$1.8B1.09%
29
SPOTSPOTIFY TECHNOLOGY S A
3,007,221$1.7B1.05%
30
VRTXVERTEX PHARMACEUTICALS INC
3,249,541$1.5B0.88%
31
APHAMPHENOL CORP NEW
10,257,379$1.4B0.83%
32
NOWSERVICENOW INC
8,432,389$1.3B0.78%
33
GSGOLDMAN SACHS GROUP INC
1,353,007$1.2B0.71%
34
EWEDWARDS LIFESCIENCES CORP
13,780,515$1.2B0.71%
35
ORLYOREILLY AUTOMOTIVE INC
11,977,711$1.1B0.66%
36
DDOGDATADOG INC
7,623,993$1.0B0.62%
37
HLTHILTON WORLDWIDE HLDGS INC
3,321,298$954.0M0.57%
38
MLB1MERCADOLIBRE INC
369,796$744.9M0.45%
39
NUNU HLDGS LTD
39,370,791$659.1M0.40%
40
MRKMERCK & CO INC
5,559,488$585.2M0.35%
41
TOSTTOAST INC
15,157,955$538.3M0.32%
42
UBERUBER TECHNOLOGIES INC
6,435,002$525.8M0.32%
43
BSXBOSTON SCIENTIFIC CORP
5,468,295$521.4M0.31%
44
AXONAXON ENTERPRISE INC
900,397$511.4M0.31%
45
HOODROBINHOOD MKTS INC
4,412,036$499.0M0.30%
46
NEENEXTERA ENERGY INC
5,932,840$476.3M0.29%
47
JPMJPMORGAN CHASE & CO.
1,403,134$452.1M0.27%
48
GEVGE VERNOVA INC
647,791$423.4M0.25%
49
NINISOURCE INC
9,429,794$393.8M0.24%
50
DC4DEXCOM INC
5,789,944$384.3M0.23%
51
EMBJEMBRAER S.A.
5,729,568$368.8M0.22%
52
NETCLOUDFLARE INC
1,863,612$367.4M0.22%
53
TXNTEXAS INSTRS INC
2,050,925$355.8M0.21%
54
BACBANK AMERICA CORP
5,821,274$320.2M0.19%
55
AZNASTRAZENECA PLC
3,362,846$309.1M0.19%
56
CNPCENTERPOINT ENERGY INC
7,722,893$296.1M0.18%
57
ELDELDORADO GOLD CORP NEW
8,077,905$290.2M0.17%
58
CSCOCISCO SYS INC
3,716,184$286.3M0.17%
59
TJXTJX COS INC NEW
1,803,226$277.0M0.17%
60
ABBVABBVIE INC
1,186,974$271.2M0.16%
61
SHELSHELL PLC
3,615,220$265.6M0.16%
62
PNCPNC FINL SVCS GROUP INC
1,220,014$254.7M0.15%
63
KKRKKR & CO INC
1,978,888$252.3M0.15%
64
METMETLIFE INC
3,102,885$244.9M0.15%
65
ETRENTERGY CORP NEW
2,618,834$242.1M0.15%
66
NOCNORTHROP GRUMMAN CORP
401,664$229.0M0.14%
67
VSTVISTRA CORP
1,353,285$218.3M0.13%
68
SESEA LTD
1,619,291$206.6M0.12%
69
LNGCHENIERE ENERGY INC
1,029,213$200.1M0.12%
70
RLRALPH LAUREN CORP
558,012$197.3M0.12%
71
ARQTARCUTIS BIOTHERAPEUTICS INC
6,758,006$196.3M0.12%
72
UNPUNION PAC CORP
846,453$195.8M0.12%
73
ARGXARGENX SE
229,761$193.2M0.12%
74
CYBRCYBERARK SOFTWARE LTD
429,883$191.8M0.12%
75
SRESEMPRA
2,156,356$190.4M0.11%
76
IDAIDACORP INC
1,483,648$187.8M0.11%
77
RTXRTX CORPORATION
1,003,143$184.0M0.11%
78
TARSTARSUS PHARMACEUTICALS INC
2,230,069$182.6M0.11%
79
GMGENERAL MTRS CO
2,160,491$175.7M0.11%
80
CBCHUBB LIMITED
554,588$173.1M0.10%
81
MTBM & T BK CORP
829,772$167.2M0.10%
82
DHRDANAHER CORPORATION
730,178$167.2M0.10%
83
IBMINTERNATIONAL BUSINESS MACHS
563,006$166.8M0.10%
84
TFCTRUIST FINL CORP
3,349,465$164.8M0.10%
85
KEYSKEYSIGHT TECHNOLOGIES INC
810,967$164.8M0.10%
86
LOWLOWES COS INC
682,688$164.6M0.10%
87
TSEMTOWER SEMICONDUCTOR LTD
1,398,987$164.3M0.10%
88
LNCLINCOLN NATL CORP IND
3,681,158$163.9M0.10%
89
GLPIGAMING & LEISURE PPTYS INC
3,597,211$160.8M0.10%
90
DELLDELL TECHNOLOGIES INC
1,276,677$160.7M0.10%
91
TMOTHERMO FISHER SCIENTIFIC INC
277,111$160.6M0.10%
92
FIVEFIVE BELOW INC
842,771$158.7M0.10%
93
CVXCHEVRON CORP NEW
1,036,502$158.0M0.09%
94
MKLMARKEL GROUP INC
73,199$157.4M0.09%
95
TOLTOLL BROTHERS INC
1,090,590$147.5M0.09%
96
PCGPG&E CORP
9,132,573$146.8M0.09%
97
LRCXLAM RESEARCH CORP
849,955$145.5M0.09%
98
XELXCEL ENERGY INC
1,961,795$144.9M0.09%
99
LSCCLATTICE SEMICONDUCTOR CORP
1,960,900$144.3M0.09%
100
AEEAMEREN CORP
1,440,327$143.8M0.09%
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