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Portfolio (Quarterly) Guide ↗

JENNISON ASSOCIATES LLC

· CIK 0000053417
13F Portfolio $166.6B AUM 798 positions Filed Jan 30, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 95 New 202 Added 244 Reduced 81 Exited
Page 2 of 13  ·  244 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 11,977,711.0 $1.09B 0.66% -1.9M -13.8% $91.21 +1.2%
22 HLT HILTON WORLDWIDE HLDGS INC Consumer Cyclical 3,321,298.0 $954.0M 0.57% -1.4M -30.1% $287.25 +12.4%
23 MELI MERCADOLIBRE INC Consumer Cyclical 369,796.0 $744.9M 0.45% -716K -66.0% $2014.26 -16.7%
24 UBER UBER TECHNOLOGIES INC Technology 6,435,002.0 $525.8M 0.32% -4.4M -40.6% $81.71 -8.7%
25 AXON AXON ENTERPRISE INC Industrials 900,397.0 $511.4M 0.31% -44K -4.6% $567.93 -31.4%
26 JPM JPMORGAN CHASE & CO. Financial Services 1,403,134.0 $452.1M 0.27% -74K -5.0% $322.22 -6.0%
27 NI NISOURCE INC Utilities 9,429,794.0 $393.8M 0.24% -98K -1.0% $41.76 +14.2%
28 DXCM DEXCOM INC Healthcare 5,789,944.0 $384.3M 0.23% -4.3M -42.6% $66.37 +8.3%
29 ASTRAZENECA PLC 3,362,846.0 $309.1M 0.19% -323K -8.8% $91.93
30 EGO ELDORADO GOLD CORP NEW Basic Materials 8,077,905.0 $290.2M 0.17% -95K -1.2% $35.92 -11.8%
31 CSCO CISCO SYS INC Technology 3,716,184.0 $286.3M 0.17% -515K -12.2% $77.03 +53.4%
32 PNC PNC FINL SVCS GROUP INC Financial Services 1,220,014.0 $254.7M 0.15% -115K -8.6% $208.73 +3.9%
33 KKR KKR & CO INC Financial Services 1,978,888.0 $252.3M 0.15% -41K -2.0% $127.48 -25.7%
34 MET METLIFE INC Financial Services 3,102,885.0 $244.9M 0.15% -43K -1.4% $78.94 +6.8%
35 VST VISTRA CORP Utilities 1,353,285.0 $218.3M 0.13% -333K -19.7% $161.33 -10.7%
36 SE SEA LTD Consumer Cyclical 1,619,291.0 $206.6M 0.12% -4.4M -73.0% $127.57 -31.6%
37 LNG CHENIERE ENERGY INC Energy 1,029,213.0 $200.1M 0.12% -451K -30.5% $194.39 +23.7%
38 RL RALPH LAUREN CORP Consumer Cyclical 558,012.0 $197.3M 0.12% -47K -7.7% $353.61 -6.9%
39 ARQT ARCUTIS BIOTHERAPEUTICS INC Healthcare 6,758,006.0 $196.3M 0.12% -5.5M -44.9% $29.04 -27.7%
40 UNP UNION PAC CORP Industrials 846,453.0 $195.8M 0.12% -6K -0.7% $231.32 +14.9%
Page 2 of 13  ·  244 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 43.1%
Communication Services 14.6%
Consumer Cyclical 12.2%
Healthcare 9.4%
Financial Services 6.9%
Industrials 5.2%
Utilities 3.9%
Consumer Defensive 2.7%
Energy 1.0%
Basic Materials 0.5%