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 | |
|---|---|---|---|---|---|---|
401
Casella Waste Systems
CWST
$5.96B
| $9.37M | 0.01% |
96,577
-57,497
| -37% | -$4.91M |
|
402
IDEAYA Biosciences
IDYA
$3.87B
| $9.26M | 0.01% |
248,559
-7,205
| -3% | -$221K |
|
403
Freeport-McMoran
FCX
$110B
| $9.22M | 0.01% |
146,584
+5,324
| +4% | +$342K |
|
404
ATI
ATI
$28.7B
| $9.11M | 0.01% |
+46,197
| New | +$7.83M |
|
405
Wolverine World Wide
WWW
$1.67B
| $9.11M | 0.01% |
550,826
-24,222
| -4% | -$409K |
|
406
Coca-Cola
KO
$386B
| $9M | 0.01% |
110,688
+2,284
| +2% | +$180K |
|
407
Canadian National Railway
CNI
$76.2B
| $8.65M | 0.01% |
72,524
| – | – |
|
408
Alamos Gold
AGI
$15.4B
| $8.33M | 0.01% |
274,450
-288
| -0.1% | -$11.7K |
|
409
iRhythm Holdings
IRTC
$3.96B
| $8.08M | ﹤0.01% |
67,924
-69,116
| -50% | -$8.03M |
|
|
ZBIO
410
Zenas BioPharma
ZBIO
$2.04B
| $7.97M | ﹤0.01% |
314,049
+64,049
| +26% | +$1.27M |
|
411
Procore
PCOR
$9.68B
| $7.89M | ﹤0.01% |
194,267
-90,743
| -32% | -$4.49M |
|
412
CSX Corp
CSX
$95B
| $7.65M | ﹤0.01% |
160,848
+9,363
| +6% | +$423K |
|
413
Salesforce
CRM
$211B
| $7.28M | ﹤0.01% |
46,459
+3,017
| +7% | +$531K |
|
414
American Tower
AMT
$82.1B
| $7.25M | ﹤0.01% |
44,324
+4,074
| +10% | +$733K |
|
415
ServiceNow
NOW
$150B
| $7.23M | ﹤0.01% |
72,797
+2,736
| +4% | +$271K |
|
|
CBIO
416
Crescent Biopharma
CBIO
$659M
| $6.81M | ﹤0.01% |
378,507
+225,533
| +147% | +$4.4M |
|
|
PPHC
417
Public Policy Holding Co
PPHC
$331M
| $6.31M | ﹤0.01% |
851,355
-20,434
| -2% | -$241K |
|
418
Kodiak Gas Services
KGS
$5.83B
| $6.29M | ﹤0.01% |
+83,787
| New | +$5.7M |
|
419
Synaptics
SYNA
$3.72B
| $6.23M | ﹤0.01% |
+50,181
| New | +$5.67M |
|
420
State Street SPDR S&P Metals & Mining ETF
XME
$4.74B
| $6.08M | ﹤0.01% |
56,903
-10,995
| -16% | -$1.29M |
|
421
Crinetics Pharmaceuticals
CRNX
$9B
| $6.06M | ﹤0.01% |
161,861
-742,811
| -82% | -$27.6M |
|
422
Ivanhoe Electric
IE
$1.79B
| $6.04M | ﹤0.01% |
628,208
-176,658
| -22% | -$2.23M |
|
423
Select Water Solutions
WTTR
$2.49B
| $5.86M | ﹤0.01% |
+293,342
| New | +$5.14M |
|
424
D-Wave Quantum Inc
QBTS
$6.33B
| $5.74M | ﹤0.01% |
+239,215
| New | +$5.25M |
|
425
iShares MSCI ACWI ETF
ACWI
$33.3B
| $5.56M | ﹤0.01% |
35,423
-147,862
| -81% | -$22.6M |
|
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.