SEC 13F Intelligence

Managers / Q1 2025 · view latest →

JENNISON ASSOCIATES LLC

CIK 0000053417 · 55 EAST 52ND STREET, NEW YORK, NY, 10055 · 2124211000

Reported Value
$142.6B
Q1 2025
Positions
809
Filings on Record
32
2019–present window
Filed
May 5, 2025
original filing

Summary

Jennison Associates LLC reported $142.6B in U.S.-listed holdings across 809 positions for Q1 2025.

Its largest position, NVDA, represents 6.7% of the portfolio.

Compared with Q4 2024, the fund opened 75 new positions and exited 80.

Portfolio Metrics

Turnover
+8.7%
vs prior filed quarter
Top-10 Concentration
+43.6%
share of reported value
Largest Position
+6.7%
Nvidia Corporation
New / Exited
75 / 80
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $89.4BQ4 ’18Q1 ’19: $100.6BQ2 ’19: $100.9BQ3 ’19: $94.7BQ4 ’19: $99.1BQ4 ’19Q1 ’20: $82.3BQ2 ’20: $110.6BQ3 ’20: $124.4BQ4 ’20: $140.3BQ4 ’20Q1 ’21: $136.6BQ2 ’21: $150.9BQ3 ’21: $154.7BQ4 ’21: $157.7BQ4 ’21Q1 ’22: $135.8BQ2 ’22: $100.2BQ3 ’22: $100.6BQ4 ’22: $98.7BQ4 ’22Q1 ’23: $109.0BQ2 ’23: $121.9BQ3 ’23: $117.8BQ4 ’23: $134.2BQ4 ’23Q1 ’24: $149.6BQ2 ’24: $156.0BQ3 ’24: $161.1BQ4 ’24: $164.7BQ4 ’24Q1 ’25: $142.6BQ2 ’25: $168.6BQ3 ’25: $171.8BQ4 ’25: $166.6BQ4 ’25Q1 ’26: $145.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.4%Other: 4.1%ADR: 3.6%REIT: 0.7%ETP: 0.1%Other: 0.1%
  • Common Stock · 91.4% · $130.3B
  • Other · 4.1% · $5.8B
  • ADR · 3.6% · $5.2B
  • REIT · 0.7% · $949M
  • ETP · 0.1% · $171M
  • Other · 0.1% · $182M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SBUXSTARBUCKS CORPNEW+8.34M8.34M+$818M$818M
NKENIKE INCNEW+8.02M8.02M+$509M$509M
SESEA LTDNEW+2.58M2.58M+$337M$337M
BABAALIBABA GROUP HLDG LTDNEW+726.7K726.7K+$96M$96M
DHRDANAHER CORPORATIONNEW+354.6K354.6K+$73M$73M
IDAIDACORP INCNEW+614.7K614.7K+$71M$71M
CNMCORE & MAIN INCNEW+1.13M1.13M+$55M$55M
FUTUFUTU HLDGS LTDNEW+416.3K416.3K+$43M$43M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM6.66%$9.5B87.56M
2AMZNAMAZON COM INChistory →COM6.32%$9.0B47.33M
3AAPLAPPLE INChistory →COM5.57%$7.9B35.74M
4MSFTMICROSOFT CORPhistory →COM5.20%$7.4B19.74M
5METAMETA PLATFORMS INChistory →CL A5.19%$7.4B12.83M
6NFLXNETFLIX INChistory →COM4.16%$5.9B6.35M
7GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.29%$4.7B30.20M
8AVGOBROADCOM INChistory →COM3.08%$4.4B26.20M
9LLYELI LILLY & COhistory →COM2.96%$4.2B5.10M
10MAMASTERCARD INCORPORATEDhistory →CL A2.29%$3.3B5.95M
11COSTCOSTCO WHSL CORP NEWhistory →COM2.17%$3.1B3.27M
12VVISA INChistory →COM CL A1.78%$2.5B7.23M
13VRTXVERTEX PHARMACEUTICALS INChistory →COM1.68%$2.4B4.93M
14SPOTIFY TECHNOLOGY S ASHS1.59%$2.3B4.12M
15CRWDCROWDSTRIKE HLDGS INChistory →CL A1.58%$2.3B6.38M
16CDNSCADENCE DESIGN SYSTEM INChistory →COM1.57%$2.2B8.83M
17TSLATESLA INChistory →COM1.55%$2.2B8.54M
18MLB1MERCADOLIBRE INChistory →COM1.54%$2.2B1.12M
19WMTWALMART INChistory →COM1.50%$2.1B24.39M
20DISDISNEY WALT COhistory →COM1.28%$1.8B18.54M
21BABOEING COhistory →COM1.22%$1.7B10.19M
22UBERUBER TECHNOLOGIES INChistory →COM1.20%$1.7B23.52M
23NOWSERVICENOW INChistory →COM1.09%$1.6B1.96M
24TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.08%$1.5B9.32M
25GE AEROSPACECOM NEW0.94%$1.3B6.67M
26NVONOVO-NORDISK A Shistory →ADR0.90%$1.3B18.47M
27ISRGINTUITIVE SURGICAL INChistory →COM NEW0.88%$1.3B2.53M
28ORLYOREILLY AUTOMOTIVE INChistory →COM0.72%$1.0B715.4K
29SNOWSNOWFLAKE INChistory →CL A0.66%$939M6.42M
30CRMSALESFORCE INChistory →COM0.66%$935M3.48M
31PGRPROGRESSIVE CORPhistory →COM0.63%$894M3.16M
32CEGCONSTELLATION ENERGY CORPhistory →COM0.59%$838M4.16M
33HLTHILTON WORLDWIDE HLDGS INChistory →COM0.59%$838M3.68M
34SBUXSTARBUCKS CORPhistory →COM0.56%$802M8.17M
35ABNBAIRBNB INChistory →COM CL A0.56%$795M6.65M
36AZNNASTRAZENECA PLChistory →SPONSORED ADR0.54%$765M10.41M
37EWEDWARDS LIFESCIENCES CORPhistory →COM0.50%$714M9.85M
38DUTMOODYS CORPhistory →COM0.50%$711M1.53M
39CAVACAVA GROUP INChistory →COM0.50%$711M8.22M
40DC4DEXCOM INChistory →COM0.49%$703M10.29M
41FERRARI N VCOM0.48%$687M1.62M
42TTDTHE TRADE DESK INChistory →COM CL A0.46%$649M11.86M
43DDOGDATADOG INChistory →CL A COM0.43%$618M6.23M
44TJXTJX COS INC NEWhistory →COM0.43%$615M5.05M
45APPAPPLOVIN CORPhistory →COM CL A0.43%$611M2.30M
46GSGOLDMAN SACHS GROUP INChistory →COM0.40%$565M1.03M
47KKRKKR & CO INChistory →COM0.35%$498M4.31M
48NKENIKE INChistory →CL B0.35%$496M7.82M
49SHOPSHOPIFY INChistory →CL A0.34%$484M5.06M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$145.4B780May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$166.6B798Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$171.8B778Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$168.6B810Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$142.6B809May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$164.7B801Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$161.1B786Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$156.0B796Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$149.6B797May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$134.2B802Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$117.8B783Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$121.9B783Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$109.0B808Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$98.7B796Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$100.6B821Nov 1, 202213F-HRchanges · EDGAR ↗
Q2 2022$100.2B832Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$135.8B851May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$157.7B886Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$154.7B857Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$150.9B857Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$136.6B856May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$140.3B829Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$124.4B803Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$110.6B801Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$82.3B797May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$99.1B802Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$94.7B881Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$100.9B927Aug 6, 201913F-HRchanges · EDGAR ↗
Q1 2019$100.6B884May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$89.4B915Feb 6, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Prudential Financial Inc028-10077
  • Prudential Trust Company028-13416

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.