Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palantir
PLTR
|
+$1.65B |
| 2 |
GE Aerospace
GE
|
+$949M |
| 3 |
Lam Research
LRCX
|
+$564M |
| 4 |
KLA
KLAC
|
+$562M |
| 5 |
Cloudflare
NET
|
+$483M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.33B |
| 2 |
ServiceNow
NOW
|
+$984M |
| 3 |
Snowflake
SNOW
|
+$822M |
| 4 |
NVIDIA
NVDA
|
+$747M |
| 5 |
CrowdStrike
CRWD
|
+$712M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.45% |
| 2 | Communication Services | 14.46% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Healthcare | 9.16% |
| 5 | Industrials | 7.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NSA
226
DELISTED
National Storage Affiliates Trust
NSA
| $48.1M | 0.03% |
1,274,412
+298,602
| +31% | +$10.1M |
|
227
Agnico Eagle Mines
AEM
$74.6B
| $48M | 0.03% |
236,651
-35,997
| -13% | -$7.49M |
|
228
Independence Realty Trust
IRT
$3.95B
| $47.1M | 0.03% |
3,165,032
-1,438,455
| -31% | -$23.6M |
|
|
CON
229
Concentra Group Holdings
CON
$4.06B
| $46.6M | 0.03% |
2,172,291
+1,437,912
| +196% | +$32M |
|
230
Celsius Holdings
CELH
$7.55B
| $46.1M | 0.03% |
1,298,521
+30,327
| +2% | +$1.44M |
|
231
Argan
AGX
$8.31B
| $46M | 0.03% |
84,520
-16,577
| -16% | -$6.76M |
|
|
ONC
232
BeOne Medicines Ltd
ONC
$33.5B
| $45.9M | 0.03% |
154,465
+78,027
| +102% | +$25.3M |
|
233
Amgen
AMGN
$204B
| $45.7M | 0.03% |
129,980
-2,484
| -2% | -$886K |
|
234
Take-Two Interactive
TTWO
$45.8B
| $45.7M | 0.03% |
231,409
-20,788
| -8% | -$4.52M |
|
235
Compañía de Minas Buenaventura
BVN
$7.74B
| $45.7M | 0.03% |
1,267,998
+741,344
| +141% | +$26.8M |
|
236
Corning
GLW
$137B
| $45.3M | 0.03% |
333,272
+95,769
| +40% | +$11.5M |
|
237
C.H. Robinson
CHRW
$17.2B
| $45.3M | 0.03% |
272,861
-9,570
| -3% | -$1.71M |
|
238
Moelis & Co
MC
$5.08B
| $45.2M | 0.03% |
792,617
-142,914
| -15% | -$9.29M |
|
239
Ero Copper
ERO
$2.85B
| $44M | 0.03% |
1,647,950
-176,263
| -10% | -$5.3M |
|
240
LendingTree
TREE
$474M
| $43.7M | 0.03% |
1,020,211
+434,038
| +74% | +$20.8M |
|
241
Teva Pharmaceuticals
TEVA
$40.2B
| $43.3M | 0.03% |
1,439,151
-94,220
| -6% | -$3.03M |
|
242
Unilever
UL
$138B
| $43.3M | 0.03% |
760,163
-758,806
| -50% | -$50.9M |
|
243
Teledyne Technologies
TDY
$31.1B
| $42.9M | 0.03% |
70,843
+38,086
| +116% | +$23.8M |
|
244
Woodward
WWD
$21.5B
| $42.7M | 0.03% |
119,386
-53,475
| -31% | -$19.3M |
|
245
Natera
NTRA
$38.7B
| $42.5M | 0.03% |
212,273
+16,330
| +8% | +$3.51M |
|
246
Kymera Therapeutics
KYMR
$8.25B
| $42.4M | 0.03% |
508,999
+12,334
| +2% | +$977K |
|
247
Q2 Holdings
QTWO
$3.89B
| $42.3M | 0.03% |
894,749
-202,034
| -18% | -$11.4M |
|
248
Comfort Systems
FIX
$62.3B
| $41.2M | 0.03% |
29,887
+27,769
| +1,311% | +$35.3M |
|
249
Korn Ferry
KFY
$4.21B
| $40.8M | 0.03% |
647,876
-308,772
| -32% | -$19.9M |
|
250
Dianthus Therapeutics
DNTH
$5.8B
| $40.7M | 0.03% |
+485,136
| New | +$28.1M |
|
Similar funds
Jennison Associates's Q1 2026 Portfolio in Review
As of Q1 2026, Jennison Associates held 653 positions worth $145B, down 13% from $167B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Jennison Associates withdrew a net $7.46B in Q1 2026, closing 91 positions and reducing 274 holdings. Its most notable exit was Sea Limited, an estimated $207M position sold in full.
By sector, the portfolio is most concentrated in Technology at 39% of assets, down from 42% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Palantir worth $1.57B.
- Jennison Associates's largest Q1 2026 buy was Palantir: 10,760,942 shares worth $1.57B.
- Jennison Associates added most to GE Aerospace in Q1 2026, an estimated $949M increase.
- Jennison Associates's biggest Q1 2026 reduction was Microsoft, cutting an estimated $1.33B.
- Jennison Associates fully exited Sea Limited in Q1 2026, selling an estimated $207M.
- Jennison Associates's ten largest holdings make up 46% of its $145B portfolio in Q1 2026.
- Jennison Associates opened 79 new positions and closed 91 in Q1 2026.
- Jennison Associates's portfolio value fell 13% quarter-over-quarter to $145B.
Based on Jennison Associates's 13F filing for Q1 2026, filed 6 May 2026.