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 | |
|---|---|---|---|---|---|---|
326
Century Communities
CCS
$2.04B
| $20.1M | 0.01% |
349,512
+16,467
| +5% | +$1.06M |
|
327
RadNet
RDNT
$5.26B
| $19.8M | 0.01% |
355,106
+4,491
| +1% | +$307K |
|
328
Steel Dynamics
STLD
$38.2B
| $19.8M | 0.01% |
110,030
+16,848
| +18% | +$3.07M |
|
329
Construction Partners
ROAD
$6.03B
| $19.7M | 0.01% |
177,296
-29,639
| -14% | -$3.55M |
|
330
First Interstate BancSystem
FIBK
$3.71B
| $19.6M | 0.01% |
586,654
-769,679
| -57% | -$27.5M |
|
331
Abbott
ABT
$181B
| $19.5M | 0.01% |
+189,890
| New | +$21.4M |
|
332
i3 Verticals
IIIV
$434M
| $19.5M | 0.01% |
870,051
-223,711
| -20% | -$5.21M |
|
333
SLB Ltd
SLB
$74.3B
| $19.2M | 0.01% |
374,093
+151,404
| +68% | +$7.35M |
|
334
Martin Marietta Materials
MLM
$33.3B
| $19M | 0.01% |
32,303
+2,373
| +8% | +$1.51M |
|
335
Dutch Bros
BROS
$8.98B
| $18.9M | 0.01% |
373,188
-8,879
| -2% | -$486K |
|
336
Guardant Health
GH
$21.8B
| $18.8M | 0.01% |
203,778
-966,559
| -83% | -$97M |
|
337
Skyward Specialty Insurance
SKWD
$2.53B
| $18.4M | 0.01% |
422,253
-47,185
| -10% | -$2.14M |
|
338
Zurn Elkay Water Solutions
ZWS
$8.78B
| $18.4M | 0.01% |
410,841
-18,407
| -4% | -$879K |
|
339
HEICO Corp
HEI
$51.3B
| $18.4M | 0.01% |
67,149
-21,498
| -24% | -$6.92M |
|
340
SiTime
SITM
$16.4B
| $18.1M | 0.01% |
52,507
-32,921
| -39% | -$12.1M |
|
341
Griffon
GFF
$4.71B
| $18.1M | 0.01% |
248,407
-80,024
| -24% | -$6.48M |
|
342
Rio Tinto
RIO
$165B
| $18M | 0.01% |
192,748
+5,479
| +3% | +$499K |
|
343
Mirion Technologies
MIR
$3.94B
| $17.5M | 0.01% |
942,696
-49,887
| -5% | -$1.13M |
|
344
Diamondback Energy
FANG
$52.7B
| $17.5M | 0.01% |
88,557
+22,620
| +34% | +$3.84M |
|
|
GLDD
345
DELISTED
Great Lakes Dredge & Dock
GLDD
| $17.5M | 0.01% |
1,029,264
-2,777,240
| -73% | -$44.2M |
|
346
Procore
PCOR
$8.4B
| $16.2M | 0.01% |
285,010
-284,087
| -50% | -$16.8M |
|
347
iRhythm Holdings
IRTC
$4.1B
| $16.2M | 0.01% |
137,040
-2,019
| -1% | -$291K |
|
348
Microchip Technology
MCHP
$42.7B
| $16M | 0.01% |
247,773
+154,762
| +166% | +$11.1M |
|
349
Corteva
CTVA
$53.8B
| $14.8M | 0.01% |
177,050
+4,549
| +3% | +$343K |
|
350
Insulet
PODD
$9.2B
| $14.7M | 0.01% |
70,117
-35,395
| -34% | -$8.9M |
|
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.