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 |
Apple
AAPL
|
+$2.13B |
| 2 |
Eaton
ETN
|
+$1.11B |
| 3 |
Analog Devices
ADI
|
+$867M |
| 4 |
Progressive
PGR
|
+$792M |
| 5 |
Datadog
DDOG
|
+$693M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$1.7B |
| 2 |
NVIDIA
NVDA
|
+$1.45B |
| 3 |
Salesforce
CRM
|
+$1.22B |
| 4 |
Advanced Micro Devices
AMD
|
+$1.2B |
| 5 |
lululemon athletica
LULU
|
+$1.11B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.74% |
| 2 | Consumer Discretionary | 15.53% |
| 3 | Communication Services | 13.54% |
| 4 | Healthcare | 12.18% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Transocean
RIG
$5.89B
| $4.21M | ﹤0.01% |
787,019
+1,145
| +0.1% | +$6.62K |
|
|
HES
427
DELISTED
Hess
HES
| $4.07M | ﹤0.01% |
27,600
-56,794
| -67% | -$8.7M |
|
428
CSX Corp
CSX
$93.4B
| $3.86M | ﹤0.01% |
115,314
-390
| -0.3% | -$13.2K |
|
429
Digital Realty Trust
DLR
$69.7B
| $3.81M | ﹤0.01% |
25,041
-311,537
| -93% | -$44.7M |
|
430
Vertiv
VRT
$93B
| $3.65M | ﹤0.01% |
42,109
+10,342
| +33% | +$942K |
|
431
Lifezone Metals
LZM
$305M
| $3.48M | ﹤0.01% |
452,847
-40,271
| -8% | -$314K |
|
432
Equinix
EQIX
$101B
| $3.46M | ﹤0.01% |
4,569
-51,994
| -92% | -$39.5M |
|
433
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $3.36M | ﹤0.01% |
73,648
+20,302
| +38% | +$946K |
|
434
Service Corp International
SCI
$11.7B
| $3.33M | ﹤0.01% |
46,872
-310,203
| -87% | -$22M |
|
435
Citigroup
C
$222B
| $3.22M | ﹤0.01% |
50,748
-10,018
| -16% | -$618K |
|
436
Intel
INTC
$455B
| $3.18M | ﹤0.01% |
102,767
-946,126
| -90% | -$31M |
|
437
Coca-Cola
KO
$377B
| $3M | ﹤0.01% |
47,112
-450
| -0.9% | -$27.9K |
|
|
SLSR
438
Solaris Resources
SLSR
$1.26B
| $2.89M | ﹤0.01% |
+1,036,340
| New | +$3.57M |
|
439
Camtek
CAMT
$6.18B
| $2.76M | ﹤0.01% |
22,073
-942
| -4% | -$89.9K |
|
440
Tyra Biosciences
TYRA
$1.9B
| $2.39M | ﹤0.01% |
+149,350
| New | +$2.57M |
|
441
Applovin
APP
$133B
| $2.36M | ﹤0.01% |
+28,305
| New | +$2.2M |
|
442
Arm
ARM
$256B
| $2.24M | ﹤0.01% |
+13,704
| New | +$1.7M |
|
|
TE
443
T1 Energy
TE
$1.16B
| $2.24M | ﹤0.01% |
1,318,210
+16,490
| +1% | +$31.5K |
|
444
Ares Management
ARES
$28.9B
| $2.22M | ﹤0.01% |
16,636
| – | – |
|
|
WCN
445
Waste Connections
WCN
$42.2B
| $2.12M | ﹤0.01% |
12,076
+917
| +8% | +$153K |
|
446
CNO Financial Group
CNO
$5.14B
| $2.09M | ﹤0.01% |
75,459
-2,548
| -3% | -$69.5K |
|
447
Lamb Weston
LW
$7.22B
| $2.04M | ﹤0.01% |
24,284
-181,950
| -88% | -$15.5M |
|
448
Abbott
ABT
$183B
| $1.85M | ﹤0.01% |
17,773
-215,449
| -92% | -$22.8M |
|
449
Sanmina
SANM
$9.95B
| $1.83M | ﹤0.01% |
27,677
-5,451
| -16% | -$349K |
|
450
New Jersey Resources
NJR
$5.84B
| $1.8M | ﹤0.01% |
42,191
+2,059
| +5% | +$88.8K |
|
Similar funds
Jennison Associates's Q2 2024 Portfolio in Review
As of Q2 2024, Jennison Associates held 620 positions worth $156B, up 4.3% from $150B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Jennison Associates's Q2 2024 filing shows 48 new, 288 increased, 229 reduced and 48 closed positions. Its largest new stake was Analog Devices: 4,062,204 shares worth $927M. The largest sale was UnitedHealth, an estimated $1.7B.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2024 buy was Analog Devices: 4,062,204 shares worth $927M.
- Jennison Associates added most to Apple in Q2 2024, an estimated $2.13B increase.
- Jennison Associates's biggest Q2 2024 reduction was UnitedHealth, cutting an estimated $1.7B.
- Jennison Associates fully exited Estee Lauder in Q2 2024, selling an estimated $291M.
- Jennison Associates's ten largest holdings make up 48% of its $156B portfolio in Q2 2024.
- Jennison Associates opened 48 new positions and closed 48 in Q2 2024.
- Jennison Associates's portfolio value rose 4.3% quarter-over-quarter to $156B.
Based on Jennison Associates's 13F filing for Q2 2024, filed 5 Aug 2024.