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 |
SPCX
SpaceX
SPCX
|
+$1.27B |
| 2 |
SNDK
Sandisk
SNDK
|
+$674M |
| 3 |
Credo Technology Group
CRDO
|
+$476M |
| 4 |
NBIS
Nebius Group N.V.
NBIS
|
+$452M |
| 5 |
Vertiv
VRT
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.98B |
| 2 |
Amazon
AMZN
|
+$1.25B |
| 3 |
Shopify
SHOP
|
+$1.08B |
| 4 |
Edwards Lifesciences
EW
|
+$1.07B |
| 5 |
Microsoft
MSFT
|
+$630M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.11% |
| 2 | Communication Services | 13.94% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Industrials | 9.08% |
| 5 | Healthcare | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Woodward
WWD
$20.2B
| $46.1M | 0.03% |
108,267
-11,119
| -9% | -$4.22M |
|
252
Arista Networks
ANET
$246B
| $45.4M | 0.03% |
267,450
-11,819
| -4% | -$1.86M |
|
253
Boot Barn
BOOT
$4.69B
| $44.9M | 0.03% |
273,140
+24,550
| +10% | +$3.98M |
|
254
LendingTree
TREE
$407M
| $44.8M | 0.03% |
1,012,126
-8,085
| -0.8% | -$327K |
|
255
Warby Parker
WRBY
$3.09B
| $44.4M | 0.03% |
1,462,994
+502,695
| +52% | +$12.4M |
|
256
Griffon
GFF
$4.48B
| $43.7M | 0.03% |
447,603
+199,196
| +80% | +$17.4M |
|
257
Mercury Systems
MRCY
$5.32B
| $43.4M | 0.03% |
354,894
-333,220
| -48% | -$31.7M |
|
258
JFrog
FROG
$12.2B
| $43.3M | 0.03% |
476,375
-142,294
| -23% | -$9.24M |
|
259
Cameco
CCJ
$43.6B
| $43.3M | 0.03% |
424,753
-51,592
| -11% | -$5.78M |
|
260
Moelis & Co
MC
$5.07B
| $42.1M | 0.03% |
643,712
-148,905
| -19% | -$9.76M |
|
261
Hayward Holdings
HAYW
$3B
| $41.2M | 0.02% |
2,382,033
-2,416,809
| -50% | -$35.3M |
|
262
Huron Consulting
HURN
$2.54B
| $40.6M | 0.02% |
450,742
-217,145
| -33% | -$24.9M |
|
|
MWH
263
SOLV Energy Inc
MWH
$5.32B
| $39.8M | 0.02% |
1,168,757
+303,934
| +35% | +$11M |
|
264
MasTec
MTZ
$19.4B
| $39M | 0.02% |
93,701
-5,785
| -6% | -$2.21M |
|
265
Q2 Holdings
QTWO
$4.06B
| $38.5M | 0.02% |
801,053
-93,696
| -10% | -$4.45M |
|
266
McDonald's
MCD
$188B
| $38.3M | 0.02% |
141,708
-75,525
| -35% | -$21.7M |
|
267
AppFolio
APPF
$8.3B
| $38.2M | 0.02% |
238,166
+162,056
| +213% | +$25.9M |
|
268
Agilysys
AGYS
$3.32B
| $38M | 0.02% |
363,413
-2,167
| -0.6% | -$168K |
|
269
Compañía de Minas Buenaventura
BVN
$8.92B
| $37.8M | 0.02% |
1,290,111
+22,113
| +2% | +$750K |
|
270
Intapp
INTA
$3.33B
| $37.6M | 0.02% |
1,489,906
-518,920
| -26% | -$11.8M |
|
271
Celcuity
CELC
$4.33B
| $37.6M | 0.02% |
358,972
+127,832
| +55% | +$14.8M |
|
272
DT Midstream
DTM
$13.2B
| $37.4M | 0.02% |
254,644
-3,633
| -1% | -$514K |
|
273
Ross Stores
ROST
$73.3B
| $36.9M | 0.02% |
173,432
-4,092
| -2% | -$921K |
|
|
MRX
274
Marex Group Limited Ordinary Shares
MRX
$5.24B
| $36.8M | 0.02% |
604,393
-1,002,298
| -62% | -$55.2M |
|
275
Celsius Holdings
CELH
$8.35B
| $35.4M | 0.02% |
1,208,424
-90,097
| -7% | -$2.84M |
|
Similar funds
Jennison Associates's Q2 2026 Portfolio in Review
As of Q2 2026, Jennison Associates held 641 positions worth $167B, up 15% from $145B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Jennison Associates withdrew a net $6.22B in Q2 2026, closing 74 positions and reducing 282 holdings. Its most notable exit was Gilead Sciences, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, up from 39% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in SpaceX worth $1.27B.
- Jennison Associates's largest Q2 2026 buy was SpaceX: 7,448,891 shares worth $1.27B.
- Jennison Associates added most to Credo Technology Group in Q2 2026, an estimated $476M increase.
- Jennison Associates's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $1.98B.
- Jennison Associates fully exited Gilead Sciences in Q2 2026, selling an estimated $176M.
- Jennison Associates's ten largest holdings make up 45% of its $167B portfolio in Q2 2026.
- Jennison Associates opened 79 new positions and closed 74 in Q2 2026.
- Jennison Associates's portfolio value rose 15% quarter-over-quarter to $167B.
Based on Jennison Associates's 13F filing for Q2 2026, filed 3 Aug 2026.