13F 申報指南13F 觀念全攻略
什麼是 SEC Form 13F 申報？美股機構大戶持股全攻略
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
AlphaSMO 權威研究指南閱讀專題
CIK: 0000053417
申報總市值
US$1667.2億
US$1667.2億
562 檔
26.2%
根據最新整理的 13F 季度數據集，Jennison Associates LLC 於 Q1 2026 結束時的管理資產規模為 US$1667.2億。該機構在本季度申報了 562 檔美股持倉，呈現出該時期的主要投資地圖。
Jennison Associates LLC 在 Q1 2026 進行了結構性的板塊輪動與部位換股。在開立 20 個全新部位及加碼 68 檔持股的同時，亦同步清倉 23 檔並減碼 89 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, AMZN, AAPL）占據了總市值的 26.2%，展現出該機構在 Q1 2026 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 562 檔）
| # | 代號 | 標的名稱 | 資產子類別 | 佔比 | 佔比變動 | 持倉量變化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | 股票-科技 | 8.87% | -1.15% | -5.22% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 5.94% | -0.72% | -4.44% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.86% | -0.17% | -5.83% | |
| 4 | AVGO | Broadcom Inc | 股票-科技 | 4.85% | — | +4.07% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 4.55% | -0.90% | -15.05% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.93% | +0.10% | -9.13% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 3.20% | +0.73% | -1.42% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.09% | -0.60% | -5.80% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 2.82% | +0.15% | -1.78% | |
| 10 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.79% | +0.27% | -10.25% | |
| 11 | TSLA | Tesla Inc | 股票-循環性消費 | 2.55% | -0.39% | -4.91% | |
| 12 | GE | General Electric | 股票-工業 | 2.15% | +0.29% | +37.69% | |
| 13 | NFLX | Netflix Inc | 股票-通訊服務 | 1.85% | -0.69% | -19.72% | |
| 14 | MA | Mastercard Inc - A | 股票-金融 | 1.76% | -0.22% | +10.36% | |
| 15 | WMT | Walmart Inc | 股票-非循環性消費 | 1.71% | -0.45% | -0.51% | |
| 16 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.58% | -0.36% | +3.81% | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 1.44% | -0.01% | -2.45% | |
| 18 | BA | Boeing Co/the | 股票-工業 | 1.40% | -0.16% | +0.68% | |
| 19 | SHOP | Shopify Inc - Class A | 股票-科技 | 1.33% | -0.86% | -14.06% | |
| 20 | AMD | Advanced Micro Devices | 股票-科技 | 1.32% | +2.15% | -13.59% | |
| 21 | CEG | Constellation Energy | 股票-公用事業 | 1.27% | -0.44% | -5.38% | |
| 22 | CDNS | Cadence Design Sys Inc | 股票-科技 | 1.10% | -0.09% | -25.32% | |
| 23 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.08% | -0.47% | — | |
| 24 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 1.03% | +0.69% | -30.48% | |
| 25 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 0.96% | -0.08% | -5.24% | |
| 26 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.93% | -0.16% | -7.59% | |
| 27 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.92% | -0.24% | -17.15% | |
| 28 | APH | Amphenol Corp-cl A | 股票-科技 | 0.89% | +0.09% | -0.18% | |
| 29 | VRTX | Vertex Pharmaceuticals Inc | 股票-醫療保健 | 0.84% | +0.05% | -15.68% | |
| 30 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.77% | -0.03% | -2.28% | |
| 31 | SNOW | Snowflake Inc | 股票-科技 | 0.74% | +0.23% | -38.26% | |
| 32 | EW | Edwards Lifesciences CORP | 股票-醫療保健 | 0.72% | -0.71% | -5.18% | |
| 33 | ORCL | Oracle CORP | 股票-科技 | 0.70% | -0.19% | -26.34% | |
| 34 | HLT | Hilton Worldwide Holdings In | 股票-循環性消費 | 0.68% | -0.04% | -2.28% | |
| 35 | APP | Applovin Corp-class A | 股票-科技 | 0.63% | -0.07% | -15.93% | |
| 36 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.62% | +0.18% | +135.80% | |
| 37 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.59% | -0.09% | -22.74% | |
| 38 | GEV | GE Vernova Inc | 股票-工業 | 0.54% | +0.05% | +39.66% | |
| 39 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.52% | -0.31% | +12.41% | |
| 40 | LRCX | Lam Research CORP | 股票-科技 | 0.50% | +0.42% | +296.88% | |
| 41 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.48% | +0.59% | -22.31% | |
| 42 | KLAC | Kla CORP | 股票-科技 | 0.39% | +0.49% | — | |
| 43 | MELI | Mercadolibre Inc | 股票-循環性消費 | 0.38% | -0.18% | -13.82% | |
| 44 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.38% | -0.09% | -0.75% | |
| 45 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.36% | — | +82.85% | |
| 46 | NU | Nu Holdings Ltd. | 股票-金融 | 0.35% | -0.35% | -8.94% | |
| 47 | TXN | Texas Instruments Inc | 股票-科技 | 0.31% | +0.25% | +12.71% | |
| 48 | NI | Nisource Inc | 股票-公用事業 | 0.30% | -0.04% | -2.21% | |
| 49 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.28% | -0.04% | -1.39% | |
| 50 | ABNB | Airbnb Inc-class A | 股票-循環性消費 | 0.28% | +0.02% | +9330.98% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GE | General Electric | +0.7% | +37.69% | 加碼 |
| 2 | COST | Costco Wholesale CORP | +0.4% | +3.81% | 加碼 |
| 3 | LRCX | Lam Research CORP | +0.4% | +296.88% | 加碼 |
| 4 | NET | Cloudflare Inc - Class A | +0.4% | +135.80% | 加碼 |
| 5 | WMT | Walmart Inc | +0.4% | -0.51% | 減碼 |
| 6 | AVGO | Broadcom Inc | +0.3% | +4.07% | 加碼 |
| 7 | GEV | GE Vernova Inc | +0.3% | +39.66% | 加碼 |
| 8 | ABNB | Airbnb Inc-class A | +0.3% | +9330.98% | 加碼 |
| 9 | BE | Bloom Energy Corp- A | +0.3% | +20074.40% | 加碼 |
| 10 | TJX | Tjx Companies Inc | +0.2% | +82.85% | 加碼 |
| 11 | MRK | Merck & Co. Inc. | +0.2% | +12.41% | 加碼 |
| 12 | MA | Mastercard Inc - A | +0.2% | +10.36% | 加碼 |
| 13 | NVDA | Nvidia CORP | +0.1% | -5.22% | 減碼 |
| 14 | PH | Parker Hannifin CORP | +0.1% | +152.25% | 加碼 |
| 15 | HLT | Hilton Worldwide Holdings In | +0.1% | -2.28% | 減碼 |
| 16 | TXN | Texas Instruments Inc | +0.1% | +12.71% | 加碼 |
| 17 | NEE | Nextera Energy Inc | +0.1% | -0.75% | 減碼 |
| 18 | BA | Boeing Co/the | +0.1% | +0.68% | 加碼 |
| 19 | GOOG | Alphabet Inc-cl C | +0.1% | -1.78% | 減碼 |
| 20 | RTX | Rtx CORP | +0.1% | +37.45% | 加碼 |
| 21 | XOM | Exxon Mobil CORP | +0.1% | +16.35% | 加碼 |
| 22 | APH | Amphenol Corp-cl A | +0.1% | -0.18% | 減碼 |
| 23 | VLO | Valero Energy CORP | +0.1% | +377.08% | 加碼 |
| 24 | PTGX | Protagonist Therapeutics Inc | +0.1% | +223.71% | 加碼 |
| 25 | PR | Permian Resources Corp-cl A | +0.1% | +63.14% | 加碼 |
| 26 | GS | Goldman Sachs Group Inc | +0.1% | -2.28% | 減碼 |
| 27 | WMB | Williams Cos Inc | +0.1% | +27.18% | 加碼 |
| 28 | SHEL | Shell Plc-adr | +0.1% | -4.73% | 減碼 |
| 29 | NI | Nisource Inc | +0.1% | -2.21% | 減碼 |
| 30 | COR | Cencora Inc | +0.1% | +144.88% | 加碼 |
| 31 | AMAT | Applied Materials Inc | +0.1% | +185.91% | 加碼 |
| 32 | ASML | ASML Holding N.V. | +0.1% | +52.19% | 加碼 |
| 33 | JNJ | Johnson & Johnson | +0.1% | +67.43% | 加碼 |
| 34 | PCVX | Vaxcyte Inc | +0.1% | +150.61% | 加碼 |
| 35 | GILD | Gilead Sciences Inc | +0.1% | +42.21% | 加碼 |
| 36 | KEYS | Keysight Technologies In | +0.1% | -1.73% | 減碼 |
| 37 | PLD | Prologis Inc | +0.1% | +31.72% | 加碼 |
| 38 | SO | Southern Co/the | +0.1% | +20.93% | 加碼 |
| 39 | PNC | Pnc Financial Services Group | +0.1% | +15.05% | 加碼 |
| 40 | AAPL | Apple Inc | 0% | -5.83% | 減碼 |
| 41 | IMVT | Immunovant Inc | 0% | +356.37% | 加碼 |
| 42 | WHD | Cactus Inc - A | 0% | +202.27% | 加碼 |
| 43 | ALGN | Align Technology Inc | 0% | +202.98% | 加碼 |
| 44 | PEP | Pepsico Inc | 0% | +157.04% | 加碼 |
| 45 | CPT | Camden Property Trust | 0% | +100.19% | 加碼 |
| 46 | RUSHA | Rush Enterprises Inc-cl A | 0% | +166.42% | 加碼 |
| 47 | SEI | Solaris Energy Infrastructur | 0% | +215.09% | 加碼 |
| 48 | ESI | Element Solutions Inc | 0% | +36.66% | 加碼 |
| 49 | TOL | Toll Brothers Inc | 0% | +30.07% | 加碼 |
| 50 | SRRK | Scholar Rock Holding CORP | 0% | +19.51% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Jennison Associates LLC 在 Q1 2026 季度的美股持倉總市值約為 US$1667.2億，共申報了 562 個公開持股部位。
在 Q1 2026 季度，Jennison Associates LLC 按市值排列的前三大核心持股分別為：NVDA (8.9%)、AMZN (5.9%)、AAPL (5.9%)。其中最大持股部位 NVDA 佔據整體投資組合約 8.9% 的權重。
精選 AlphaSMO 大戶持股與內部人交易深度分析，提升投資決策勝率
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
本季最大新建倉標的
PLTR
市值: US$15.7億
本季最大獲利了結 / 清倉標的
AZNN
前期市值: US$3.1億
在 Q1 2026 季度中，Jennison Associates LLC 共進行了 200 項持倉異動，包含新建倉 20 個部位、加碼 68 個部位、減碼 89 個部位以及清倉 23 個部位。 其中最大新建倉標的為 PLTR。 本季清倉部位包含 AZNN。
本頁面所有持股數據均直接同步自美國證券交易委員會（SEC）EDGAR 官方系統之 13F-HR / 13F-HR/A 季度申報文件。AlphaSMO 透過機器解析 CUSIP 與個股對照，提供 100% 精準對齊的歷史時序數據集，並支援 Schema.org 結構化資料格式。
解析公司高管、董事與 10% 大股東之 Form 4 內部人交易申報，掌握高管自家股票買賣第一手訊號。
深入剖析 5% 股益申報門檻、13D 與 13G 之差異，以及最新 SEC 申報時程規範，洞察機構法人的激進投資動向。