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 | |
|---|---|---|---|---|---|---|
376
Impinj
PI
$4.99B
| $11.2M | 0.01% |
108,882
-133,622
| -55% | -$17.8M |
|
377
Utz Brands
UTZ
$1.25B
| $11M | 0.01% |
1,393,133
-437,091
| -24% | -$4.06M |
|
378
Neurogene
NGNE
$718M
| $10.6M | 0.01% |
527,685
-5,403
| -1% | -$105K |
|
379
Concrete Pumping Holdings
BBCP
$491M
| $10.6M | 0.01% |
1,480,929
-14,280
| -1% | -$95K |
|
380
Alibaba
BABA
$308B
| $10.5M | 0.01% |
83,627
+29,392
| +54% | +$4.42M |
|
381
Rezolute
RZLT
$451M
| $10.5M | 0.01% |
+3,438,881
| New | +$10.3M |
|
382
Herc Holdings
HRI
$5.64B
| $10.5M | 0.01% |
105,074
+49,210
| +88% | +$7.02M |
|
383
Adaptive Biotechnologies
ADPT
$3.91B
| $10.5M | 0.01% |
753,073
-1,921,595
| -72% | -$30.6M |
|
384
PENN Entertainment
PENN
$2.63B
| $10.4M | 0.01% |
693,172
-231,192
| -25% | -$3.22M |
|
385
Devon Energy
DVN
$48.5B
| $10.3M | 0.01% |
+205,385
| New | +$8.81M |
|
386
Republic Services
RSG
$63.7B
| $10.2M | 0.01% |
46,501
-135,250
| -74% | -$29.7M |
|
387
Ormat Technologies
ORA
$6.02B
| $10.1M | 0.01% |
90,328
-425
| -0.5% | -$49.3K |
|
388
Casey's General Stores
CASY
$31.6B
| $9.92M | 0.01% |
13,635
-14,913
| -52% | -$9.71M |
|
389
Nextpower Inc
NXT
$15.1B
| $9.66M | 0.01% |
80,095
+318
| +0.4% | +$35.2K |
|
390
Ivanhoe Electric
IE
$1.69B
| $9.51M | 0.01% |
804,866
+17,849
| +2% | +$280K |
|
391
Wolverine World Wide
WWW
$1.6B
| $9.38M | 0.01% |
575,048
-328,753
| -36% | -$5.8M |
|
|
MANE
392
Veradermics Inc
MANE
$4.65B
| $8.95M | 0.01% |
+141,781
| New | +$7.15M |
|
393
MongoDB
MDB
$30.3B
| $8.72M | 0.01% |
+35,642
| New | +$11.9M |
|
394
Alto Neuroscience
ANRO
$1.09B
| $8.69M | 0.01% |
+386,426
| New | +$7.16M |
|
|
WBI
395
WaterBridge Infrastructure LLC
WBI
$1.58B
| $8.68M | 0.01% |
323,923
+17,246
| +6% | +$411K |
|
|
ORKA
396
Oruka Therapeutics
ORKA
$5.86B
| $8.67M | 0.01% |
+176,680
| New | +$6.14M |
|
397
Equinor
EQNR
$90.6B
| $8.58M | 0.01% |
+203,367
| New | +$6.13M |
|
398
IDEAYA Biosciences
IDYA
$3.47B
| $8.52M | 0.01% |
+255,764
| New | +$8.58M |
|
|
XZO
399
Exzeo Group
XZO
$1.46B
| $8.43M | 0.01% |
574,917
-6,345
| -1% | -$113K |
|
400
Freeport-McMoran
FCX
$99.8B
| $8.3M | 0.01% |
+141,260
| New | +$8.53M |
|
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.