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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 3 of 13  ·  244 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 ARGX ARGENX SE Healthcare 229,761.0 $193.2M 0.12% -10K -4.4% $840.95 -2.9%
42 CYBERARK SOFTWARE LTD 429,883.0 $191.8M 0.12% -32K -7.0% $446.06
43 SRE SEMPRA Utilities 2,156,356.0 $190.4M 0.11% -40K -1.8% $88.29 +3.6%
44 TARS TARSUS PHARMACEUTICALS INC Healthcare 2,230,069.0 $182.6M 0.11% -375K -14.4% $81.88 -20.9%
45 CB CHUBB LIMITED Financial Services 554,588.0 $173.1M 0.10% -32K -5.5% $312.12 +5.8%
46 MTB M & T BK CORP Financial Services 829,772.0 $167.2M 0.10% -11K -1.3% $201.48 +5.4%
47 IBM INTERNATIONAL BUSINESS MACHS Technology 563,006.0 $166.8M 0.10% -34K -5.7% $296.21 -14.6%
48 TFC TRUIST FINL CORP Financial Services 3,349,465.0 $164.8M 0.10% -570K -14.5% $49.21 -2.5%
49 TSEM TOWER SEMICONDUCTOR LTD Technology 1,398,987.0 $164.3M 0.10% -933K -40.0% $117.42 +125.2%
50 GLPI GAMING & LEISURE PPTYS INC Real Estate 3,597,211.0 $160.8M 0.10% -628K -14.9% $44.69 +6.3%
51 PCG PG&E CORP Utilities 9,132,573.0 $146.8M 0.09% -1.7M -15.5% $16.07 +2.3%
52 AEE AMEREN CORP Utilities 1,440,327.0 $143.8M 0.09% -27K -1.9% $99.86 +10.0%
53 EWBC EAST WEST BANCORP INC Financial Services 1,265,192.0 $142.2M 0.09% -295K -18.9% $112.39 +9.4%
54 CHDN CHURCHILL DOWNS INC Consumer Cyclical 1,233,495.0 $140.3M 0.08% -224K -15.4% $113.78 -24.8%
55 SO SOUTHERN CO Utilities 1,596,263.0 $139.2M 0.08% -183K -10.3% $87.20 +7.4%
56 WTFC WINTRUST FINL CORP Financial Services 993,304.0 $138.9M 0.08% -27K -2.7% $139.82 +7.1%
57 PLD PROLOGIS INC. Real Estate 1,074,022.0 $137.1M 0.08% -10K -0.9% $127.66 +13.3%
58 WMB WILLIAMS COS INC Energy 2,166,100.0 $130.2M 0.08% -1.3M -38.3% $60.11 +29.6%
59 ONON ON HLDG AG Consumer Cyclical 2,699,144.0 $125.5M 0.07% -1.4M -34.1% $46.48 -15.7%
60 PEG PUBLIC SVC ENTERPRISE GRP IN Utilities 1,535,459.0 $123.3M 0.07% -23K -1.4% $80.30 -2.3%
Page 3 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%