JPMorgan Funds Audited Annual Report - JP Morgan Asset ...

JPMorgan Funds - US Growth Fund
Schedule of Investments (Market Value Expressed in USD)
As at 31 December 2013
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Transferable Securities Admitted to an Official Exchange Listing
Shares
UNITED STATES OF AMERICA
60,407 3D Systems 5,564,693 0.30
237,700 Adobe Systems 14,204,952 0.77
34,200 Affiliated Managers Group 7,420,374 0.40
140,700 Alexion Pharmaceuticals 18,616,720 1.01
181,300 Amazon.com 71,541,886 3.87
255,100 AmerisourceBergen 17,924,601 0.97
140,000 Amphenol - A Shares 12,455,800 0.67
58,400 Apple 32,642,388 1.77
125,300 Biogen Idec 35,117,831 1.90
26,200 BlackRock 8,343,128 0.45
794,500 Cabot Oil & Gas 30,767,012 1.67
359,000 Celgene 60,561,505 3.28
391,500 Cerner 21,777,187 1.18
24,000 Chipotle Mexican Grill 12,732,600 0.69
112,700 Cognizant Technology Solutions - A Shares 11,325,786 0.61
233,900 Colgate-Palmolive 15,214,025 0.82
776,300 Comcast - A Shares 40,289,970 2.18
41,200 Continental Resources 4,606,778 0.25
210,000 Costco Wholesale 24,978,450 1.35
171,100 CVS Caremark 12,249,049 0.66
440,300 Delta Air Lines 12,147,877 0.66
281,400 Discovery Communications - A Shares 25,316,151 1.37
175,800 eBay 9,553,851 0.52
138,800 Ecolab 14,444,916 0.78
1,034,900 Facebook - A Shares 56,350,305 3.05
58,500 Flowserve 4,589,325 0.25
158,500 FMC Technologies 8,245,170 0.45
189,900 Fortune Brands Home & Security 8,694,571 0.47
233,200 Gap 9,057,488 0.49
920,400 Gilead Sciences 68,721,666 3.72
90,100 Google - A Shares 99,756,017 5.40
98,100 Green Mountain Coffee Roasters 7,401,154 0.40
685,400 Home Depot 56,168,530 3.04
319,500 Honeywell International 29,103,255 1.58
45,100 Illumina 4,952,882 0.27
231,500 JB Hunt Transport Services 17,853,280 0.97
181,500 Kansas City Southern 22,417,973 1.21
97,100 Kimberly-Clark 10,203,754 0.56
273,600 Las Vegas Sands 21,465,288 1.16
168,300 LinkedIn - A Shares 36,134,852 1.96
255,100 Marathon Petroleum 23,036,806 1.25
92,400 MasterCard - A Shares 77,022,330 4.17
152,500 Monsanto 17,724,313 0.96
258,500 Moody’s 20,279,325 1.10
42,000 Netflix 15,426,180 0.84
79,700 Pioneer Natural Resources 14,593,867 0.79
103,700 PPG Industries 19,598,263 1.07
95,900 Precision Castparts 25,864,230 1.40
56,100 priceline.com 64,960,995 3.52
214,300 QUALCOMM 15,837,842 0.86
116,200 Regeneron Pharmaceuticals 32,029,368 1.73
552,400 Salesforce.com 30,539,434 1.65
184,600 Sherwin-Williams 33,873,177 1.83
694,800 Starbucks 54,298,620 2.94
236,700 TD Ameritrade Holding 7,222,901 0.39
75,600 Tesla Motors 11,465,496 0.62
200,800 Time Warner 14,037,928 0.76
91,300 Ulta Salon Cosmetics & Fragrance 8,573,983 0.46
181,600 Union Pacific 30,318,120 1.64
217,500 Visa - A Shares 48,174,075 2.61
368,800 Walt Disney 28,054,616 1.52
488,300 Whole Foods Market 28,204,208 1.53
34,900 WW Grainger 8,913,460 0.48
1,610,962,577 87.23
NETHERLANDS
451,257 ASML Holding Registered Shares 42,318,881 2.29
398,100 LyondellBasell Industries - A Shares 31,828,095 1.72
74,146,976 4.01
UNITED KINGDOM
729,650 ARM Holdings ADR 40,065,082 2.16
217,900 Liberty Global - A Shares 19,486,797 1.06
BRITISH VIRGIN ISLANDS
429,300 Michael Kors Holdings 34,681,001 1.88
34,681,001 1.88
JERSEY
293,300 Delphi Automotive 17,641,995 0.96
17,641,995 0.96
CAYMAN ISLANDS
57,500 Baidu ADR 10,186,412 0.56
10,186,412 0.56
Total Shares 1,843,667,342 99.84
Total Transferable Securities Admitted to an
Official Exchange Listing
1,843,667,342 99.84
Transferable Securities Dealt in on Another Regulated Market
Investment Funds
LUXEMBOURG
2,476,304 JPMorgan Liquidity Funds - US Dollar Liquidity Fund
(JPM US Dollar Liquidity X (dist)) 2,476,304 0.13
2,476,304 0.13
Total Investment Funds 2,476,304 0.13
Total Transferable Securities Dealt in on Another
Regulated Market
2,476,304 0.13
Total Investments 1,846,143,646 99.97
Cash 4,659,664 0.25
Other Assets/(Liabilities) (4,045,419) (0.22)
Total Net Assets 1,846,757,891 100.00
Allocation of Portfolio as at 31 December 2013 (Unaudited)
% of
Net Assets
Shares
Consumer Discretionary 29.71
Information Technology 24.81
Health Care 14.86
Industrials 11.40
Materials 6.83
Energy 4.41
Consumer Staples 3.97
Financials 3.85
Investment Companies 0.13
Total Shares 99.97
Cash and Other Assets/(Liabilities) 0.03
Total 100.00
Allocation of Portfolio as at 30 June 2013
% of
Net Assets
Shares
Consumer Discretionary 25.81
Information Technology 20.17
Health Care 17.05
Industrials 11.75
Materials 7.71
Financials 6.28
Consumer Staples 5.53
Energy 3.83
Investment Companies 2.44
Total Shares 100.57
Cash and Other Assets/(Liabilities) (0.57)
Total 100.00
59,551,879 3.22
CANADA
313,100 Valeant Pharmaceuticals International 36,496,502 1.98
36,496,502 1.98
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