13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
AlphaSMO 权威研究指南阅读专题
CIK: 0000053417
申报总市值
US$1667.2亿
US$1667.2亿
560 檔
33.2%
截至 Q3 2025 季度末，Jennison Associates LLC 的美股持仓估值约为 US$1667.2亿，全数申报仓位共有 560 档。
在 Q3 2025，Jennison Associates LLC 进行了温和的常态性持仓调整（包含新建仓 1 档、加仓 22 档、减仓 27 档与清仓 0 档），整体投资组合架构维持相对稳定。
在资产配置集中度方面，Jennison Associates LLC 的前 5 大核心持股（包含 NVDA, MSFT, AMZN 等）合计占整体申报市值的 33.2%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 560 只）
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | 股票-科技 | 9.58% | -1.15% | -3.03% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.47% | -0.90% | -3.11% | |
| 3 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.66% | -0.72% | -3.20% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 5.55% | -0.17% | +15.57% | |
| 5 | META | Meta Platforms Inc-class A | 股票-通信服务 | 5.00% | -0.60% | -5.97% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 4.28% | — | -4.19% | |
| 7 | NFLX | Netflix Inc | 股票-通信服务 | 3.29% | -0.69% | -16.10% | |
| 8 | TSLA | Tesla Inc | 股票-周期性消费 | 2.82% | -0.39% | +38.31% | |
| 9 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.71% | +0.10% | +29.04% | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.05% | +0.27% | +4.52% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.01% | +0.15% | +14.42% | |
| 12 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.86% | +0.73% | -22.97% | |
| 13 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.79% | -0.09% | -6.49% | |
| 14 | MA | Mastercard Inc - A | 股票-金融 | 1.74% | -0.22% | -12.94% | |
| 15 | SHOP | Shopify Inc - Class A | 股票-科技 | 1.64% | -0.86% | +64.27% | |
| 16 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 1.63% | +0.69% | -6.67% | |
| 17 | APP | Applovin Corp-class A | 股票-科技 | 1.63% | -0.07% | +55.19% | |
| 18 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.52% | -0.36% | -10.89% | |
| 19 | ORCL | Oracle CORP | 股票-科技 | 1.51% | -0.19% | +2062.44% | |
| 20 | V | Visa Inc-class A Shares | 股票-金融 | 1.49% | -0.01% | +1.82% | |
| 21 | MELI | Mercadolibre Inc | 股票-周期性消费 | 1.48% | -0.18% | -12.06% | |
| 22 | GE | General Electric | 股票-工业 | 1.48% | +0.29% | +21.55% | |
| 23 | BA | Boeing Co/the | 股票-工业 | 1.43% | -0.16% | -9.91% | |
| 24 | DIS | Walt Disney Co/the | 股票-通信服务 | 1.34% | -0.24% | -2.48% | |
| 25 | WMT | Walmart Inc | 股票-非周期性消费 | 1.26% | -0.45% | -14.01% | |
| 26 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 1.26% | -0.16% | -21.00% | |
| 27 | SNOW | Snowflake Inc | 股票-科技 | 1.19% | +0.23% | +13.54% | |
| 28 | NOW | Servicenow Inc | 股票-科技 | 1.19% | — | -6.65% | |
| 29 | CEG | Constellation Energy | 股票-公用事业 | 1.13% | -0.44% | -0.69% | |
| 30 | ORLY | O'reilly Automotive Inc | 股票-周期性消费 | 0.87% | -0.09% | -1.61% | |
| 31 | VRTX | Vertex Pharmaceuticals Inc | 股票-医疗保健 | 0.79% | +0.05% | -43.84% | |
| 32 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.75% | -0.08% | -7.53% | |
| 33 | HLT | Hilton Worldwide Holdings In | 股票-周期性消费 | 0.72% | -0.04% | +2.57% | |
| 34 | EW | Edwards Lifesciences CORP | 股票-医疗保健 | 0.63% | -0.71% | +19.60% | |
| 35 | SE | Sea Ltd-adr | 股票-通信服务 | 0.62% | — | +40.33% | |
| 36 | UBER | Uber Technologies Inc | 股票-工业 | 0.62% | -0.04% | -38.84% | |
| 37 | NKE | Nike Inc -cl B | 股票-周期性消费 | 0.48% | — | +42.29% | |
| 38 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.45% | -0.03% | +1.05% | |
| 39 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.44% | +0.59% | -4.29% | |
| 40 | DXCM | Dexcom Inc | 股票-医疗保健 | 0.40% | -0.05% | EXIT | |
| 41 | AXON | Axon Enterprise Inc | 股票-工业 | 0.39% | -0.21% | +53.80% | |
| 42 | AMD | Advanced Micro Devices | 股票-科技 | 0.36% | +2.15% | — | |
| 43 | TOST | Toast Inc-class A | 股票-科技 | 0.32% | -0.01% | +74.39% | |
| 44 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.28% | -0.04% | EXIT | |
| 45 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.27% | -0.04% | -3.70% | |
| 46 | NI | Nisource Inc | 股票-公用事业 | 0.24% | -0.04% | -18.81% | |
| 47 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 0.21% | -0.02% | -21.23% | |
| 48 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.21% | -0.09% | -2.40% | |
| 49 | LNG | Cheniere Energy Inc | 股票-能源 | 0.20% | -0.02% | -10.97% | |
| 50 | NU | Nu Holdings Ltd. | 股票-金融 | 0.20% | -0.35% | -48.62% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.8% | -3.03% | 减仓 |
| 2 | ORCL | Oracle CORP | +1.5% | +2062.44% | 加仓 |
| 3 | SHOP | Shopify Inc - Class A | +1.3% | +64.27% | 加仓 |
| 4 | TSLA | Tesla Inc | +1.2% | +38.31% | 加仓 |
| 5 | APP | Applovin Corp-class A | +1.2% | +55.19% | 加仓 |
| 6 | MSFT | Microsoft CORP | +1.2% | -3.11% | 加仓 |
| 7 | AVGO | Broadcom Inc | +1.1% | -4.19% | 减仓 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +0.9% | +4.52% | 加仓 |
| 9 | GOOGL | Alphabet Inc-cl A | +0.9% | +29.04% | 加仓 |
| 10 | CEG | Constellation Energy | +0.5% | -0.69% | 加仓 |
| 11 | GE | General Electric | +0.5% | +21.55% | 加仓 |
| 12 | SNOW | Snowflake Inc | +0.5% | +13.54% | 加仓 |
| 13 | GOOG | Alphabet Inc-cl C | +0.4% | +14.42% | 减仓 |
| 14 | SE | Sea Ltd-adr | +0.4% | +40.33% | 加仓 |
| 15 | AMD | Advanced Micro Devices | +0.4% | — | 加仓 |
| 16 | TOST | Toast Inc-class A | +0.3% | +74.39% | 加仓 |
| 17 | BSX | Boston Scientific CORP | +0.2% | +133.51% | 加仓 |
| 18 | BA | Boeing Co/the | +0.2% | -9.91% | 加仓 |
| 19 | CDNS | Cadence Design Sys Inc | +0.2% | -6.49% | 减仓 |
| 20 | AXON | Axon Enterprise Inc | +0.2% | +53.80% | 加仓 |
| 21 | ORLY | O'reilly Automotive Inc | +0.1% | -1.61% | 加仓 |
| 22 | HLT | Hilton Worldwide Holdings In | +0.1% | +2.57% | 加仓 |
| 23 | EW | Edwards Lifesciences CORP | +0.1% | +19.60% | 加仓 |
| 24 | NOW | Servicenow Inc | +0.1% | -6.65% | 加仓 |
| 25 | DIS | Walt Disney Co/the | 0% | -2.48% | 加仓 |
| 26 | CRWD | Crowdstrike Holdings Inc - A | 0% | -6.67% | 减仓 |
| 27 | AAPL | Apple Inc | -0.2% | +15.57% | 加仓 |
| 28 | BMY | Bristol-myers Squibb Co | -0.2% | -23.06% | 减仓 |
| 29 | ADBE | Adobe Inc | -0.3% | -99.64% | 减仓 |
| 30 | TJX | Tjx Companies Inc | -0.3% | -66.47% | 减仓 |
| 31 | IOT | Samsara Inc-cl A | -0.3% | -85.26% | 减仓 |
| 32 | META | Meta Platforms Inc-class A | -0.3% | -5.97% | 减仓 |
| 33 | AZNN | Astrazeneca Plc-spons Adr | -0.4% | -69.71% | 减仓 |
| 34 | RACE | Ferrari N.V. | -0.5% | -90.69% | 减仓 |
| 35 | TTD | Trade Desk Inc/the -class A | -0.5% | -99.32% | 减仓 |
| 36 | MCO | Moody's CORP | -0.5% | -98.76% | 减仓 |
| 37 | CAVA | Cava Group Inc | -0.5% | -99.95% | 减仓 |
| 38 | ABNB | Airbnb Inc-class A | -0.5% | -86.50% | 减仓 |
| 39 | SBUX | Starbucks CORP | -0.6% | -99.66% | 减仓 |
| 40 | MA | Mastercard Inc - A | -0.6% | -12.94% | 减仓 |
| 41 | UBER | Uber Technologies Inc | -0.6% | -38.84% | 减仓 |
| 42 | PGR | Progressive CORP | -0.6% | -98.26% | 减仓 |
| 43 | CRM | Salesforce Inc | -0.6% | -83.99% | 减仓 |
| 44 | COST | Costco Wholesale CORP | -0.7% | -10.89% | 减仓 |
| 45 | AMZN | Amazon.com Inc | -0.8% | -3.20% | 减仓 |
| 46 | NVO | Novo-nordisk A/s-spons Adr | -0.9% | -93.51% | 减仓 |
| 47 | VRTX | Vertex Pharmaceuticals Inc | -0.9% | -43.84% | 减仓 |
| 48 | NFLX | Netflix Inc | -1% | -16.10% | 减仓 |
| 49 | LLY | Eli Lilly & Co | -1.2% | -22.97% | 减仓 |
| 50 | HOOD | Robinhood Markets Inc - A | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Jennison Associates LLC 在 Q3 2025 季度的美股持仓总市值约为 US$1667.2亿，共申报了 560 个公开持股仓位。
在 Q3 2025 季度，Jennison Associates LLC 按市值排列的前三大核心持股分别为：NVDA (9.6%)、MSFT (6.5%)、AMZN (5.7%)。其中最大持股仓位 NVDA 占据整体投资组合约 9.6% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
HOOD
市值: US$3.2亿
本季最大获利了结 / 清仓标的
NVDA
前期市值: US$96.9亿
在 Q3 2025 季度中，Jennison Associates LLC 共进行了 50 项持仓异动，包含新建仓 1 个仓位、加仓 22 个仓位、减仓 27 个仓位以及清仓 0 个仓位。 其中最大新建仓标的为 HOOD。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
解析公司高管、董事与 10% 大股东之 Form 4 内部人交易申报，掌握高管自家股票买卖第一手信号。
深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。