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 | |
|---|---|---|---|---|---|---|
326
Oneok
OKE
$59.7B
| $22.2M | 0.01% |
254,829
-4,851
| -2% | -$427K |
|
327
Agnico Eagle Mines
AEM
$104B
| $21.6M | 0.01% |
139,499
-97,152
| -41% | -$18M |
|
|
328
Edwards Lifesciences
EW
$52B
| $21.6M | 0.01% |
238,403
-12,827,871
| -98% | -$1.07B |
|
|
KARD
329
Kardigan Inc
KARD
$1.87B
| $21.6M | 0.01% |
+903,575
| New | +$20.9M |
|
330
Independence Realty Trust
IRT
$3.84B
| $21.5M | 0.01% |
1,289,800
-1,875,232
| -59% | -$30.4M |
|
331
Centuri Holdings
CTRI
$2.05B
| $21.5M | 0.01% |
+711,442
| New | +$23M |
|
332
Vale
VALE
$64B
| $21.4M | 0.01% |
1,424,393
-187,244
| -12% | -$3.05M |
|
333
Argan
AGX
$5.86B
| $21.4M | 0.01% |
26,779
-57,741
| -68% | -$38.4M |
|
334
First Advantage
FA
$3.61B
| $21.2M | 0.01% |
1,177,058
+550,776
| +88% | +$7.98M |
|
335
Shake Shack
SHAK
$2.82B
| $21.2M | 0.01% |
378,606
-8,118
| -2% | -$611K |
|
336
RadNet
RDNT
$5.87B
| $21M | 0.01% |
341,261
-13,845
| -4% | -$778K |
|
337
Zurn Elkay Water Solutions
ZWS
$7.97B
| $20.7M | 0.01% |
409,615
-1,226
| -0.3% | -$59.9K |
|
338
iShares Russell 1000 Growth ETF
IWF
$126B
| $20.5M | 0.01% |
164,899
-186,057
| -53% | -$22.4M |
|
339
Construction Partners
ROAD
$6.25B
| $20.1M | 0.01% |
169,241
-8,055
| -5% | -$956K |
|
|
BAND
340
Bandwidth Inc
BAND
$1.58B
| $20M | 0.01% |
+315,246
| New | +$14.1M |
|
341
Enerpac Tool Group
EPAC
$1.92B
| $19.7M | 0.01% |
547,987
-131,987
| -19% | -$4.63M |
|
342
Target Hospitality
TH
$1.85B
| $19.1M | 0.01% |
+938,269
| New | +$15.7M |
|
343
Baker Hughes
BKR
$62B
| $19.1M | 0.01% |
343,511
+1,300
| +0.4% | +$82.2K |
|
344
Samsara
IOT
$24B
| $18.8M | 0.01% |
580,784
-167,114
| -22% | -$5.18M |
|
345
Rio Tinto
RIO
$168B
| $18.6M | 0.01% |
195,469
+2,721
| +1% | +$276K |
|
346
i3 Verticals
IIIV
$293M
| $18.3M | 0.01% |
856,628
-13,423
| -2% | -$280K |
|
347
Entegris
ENTG
$20.6B
| $18.1M | 0.01% |
100,630
-154
| -0.2% | -$22.2K |
|
|
LBRX
348
LB Pharmaceuticals
LBRX
$1.54B
| $17.6M | 0.01% |
540,902
+2,686
| +0.5% | +$78.9K |
|
349
SLB Ltd
SLB
$85.1B
| $17.4M | 0.01% |
374,758
+665
| +0.2% | +$35.6K |
|
350
Corteva
CTVA
$56B
| $17.4M | 0.01% |
205,057
+28,007
| +16% | +$2.25M |
|
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.