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 |
Oracle
ORCL
|
+$2.24B |
| 2 |
Apple
AAPL
|
+$1.14B |
| 3 |
Tesla
TSLA
|
+$1.05B |
| 4 |
Shopify
SHOP
|
+$1B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$901M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vertex Pharmaceuticals
VRTX
|
+$1.13B |
| 2 |
Netflix
NFLX
|
+$1.1B |
| 3 |
NVO
Novo Nordisk
NVO
|
+$1.03B |
| 4 |
Eli Lilly
LLY
|
+$931M |
| 5 |
Trade Desk
TTD
|
+$899M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.77% |
| 2 | Communication Services | 17.54% |
| 3 | Consumer Discretionary | 14.14% |
| 4 | Healthcare | 7% |
| 5 | Financials | 6.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Digital Realty Trust
DLR
$72.1B
| $2.02M | ﹤0.01% |
11,699
-845
| -7% | -$144K |
|
427
Oceaneering
OII
$4.78B
| $2M | ﹤0.01% |
80,904
+9,562
| +13% | +$219K |
|
|
ALEX
428
DELISTED
Alexander & Baldwin
ALEX
| $1.98M | ﹤0.01% |
108,897
+25,879
| +31% | +$475K |
|
429
McGrath RentCorp
MGRC
$2.96B
| $1.96M | ﹤0.01% |
16,733
-844
| -5% | -$102K |
|
430
Evertec
EVTC
$1.93B
| $1.89M | ﹤0.01% |
56,063
+24,382
| +77% | +$850K |
|
431
Crown Castle
CCI
$32.3B
| $1.79M | ﹤0.01% |
18,515
-1,777
| -9% | -$180K |
|
|
NVMI
432
Nova
NVMI
$12.7B
| $1.72M | ﹤0.01% |
5,378
-289
| -5% | -$79.8K |
|
433
TTM Technologies
TTMI
$13.6B
| $1.71M | ﹤0.01% |
+29,684
| New | +$1.38M |
|
434
Starbucks
SBUX
$121B
| $1.58M | ﹤0.01% |
18,714
-5,494,268
| -100% | -$492M |
|
435
American Express
AXP
$236B
| $1.57M | ﹤0.01% |
4,726
-9,427
| -67% | -$3M |
|
436
ESCO Technologies
ESE
$8.49B
| $1.56M | ﹤0.01% |
7,400
+753
| +11% | +$149K |
|
437
SITE Centers
SITC
$171M
| $1.54M | ﹤0.01% |
170,923
+33,431
| +24% | +$355K |
|
438
Mueller Water Products
MWA
$4.13B
| $1.5M | ﹤0.01% |
58,738
+11,373
| +24% | +$290K |
|
439
TKO Group
TKO
$13.7B
| $1.48M | ﹤0.01% |
7,333
+2,111
| +40% | +$386K |
|
440
Interface
TILE
$2.04B
| $1.46M | ﹤0.01% |
50,296
-38,397
| -43% | -$969K |
|
441
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $1.43M | ﹤0.01% |
32,336
-26,743
| -45% | -$1.21M |
|
442
Astera Labs
ALAB
$54.5B
| $1.42M | ﹤0.01% |
+7,237
| New | +$1.19M |
|
443
NETGEAR
NTGR
$654M
| $1.41M | ﹤0.01% |
43,425
-6,641
| -13% | -$181K |
|
444
Reddit
RDDT
$29.8B
| $1.41M | ﹤0.01% |
6,115
-41
| -0.7% | -$8.37K |
|
445
Primoris Services
PRIM
$4.53B
| $1.35M | ﹤0.01% |
9,843
-1,592
| -14% | -$171K |
|
446
Vanguard Morningstar Growth ETF
VUG
$229B
| $1.34M | ﹤0.01% |
16,716
-1,644
| -9% | -$126K |
|
447
Equinix
EQIX
$104B
| $1.32M | ﹤0.01% |
1,681
-35,969
| -96% | -$28.1M |
|
448
Artisan Partners
APAM
$3.04B
| $1.29M | ﹤0.01% |
29,821
+1,378
| +5% | +$63.5K |
|
449
Hasbro
HAS
$12.9B
| $1.29M | ﹤0.01% |
16,950
-341,278
| -95% | -$26.5M |
|
450
Trane Technologies
TT
$106B
| $1.27M | ﹤0.01% |
3,016
| – | – |
|
Similar funds
Jennison Associates's Q3 2025 Portfolio in Review
As of Q3 2025, Jennison Associates held 667 positions worth $172B, up 1.9% from $169B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Jennison Associates withdrew a net $8.14B in Q3 2025, closing 107 positions and reducing 253 holdings. Its most notable exit was Fair Isaac, an estimated $172M position sold in full.
By sector, the portfolio is most concentrated in Technology at 41% of assets, up from 36% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Advanced Micro Devices worth $627M.
- Jennison Associates's largest Q3 2025 buy was Advanced Micro Devices: 3,874,319 shares worth $627M.
- Jennison Associates added most to Oracle in Q3 2025, an estimated $2.24B increase.
- Jennison Associates's biggest Q3 2025 reduction was Vertex Pharmaceuticals, cutting an estimated $1.13B.
- Jennison Associates fully exited Fair Isaac in Q3 2025, selling an estimated $172M.
- Jennison Associates's ten largest holdings make up 47% of its $172B portfolio in Q3 2025.
- Jennison Associates opened 93 new positions and closed 107 in Q3 2025.
- Jennison Associates's portfolio value rose 1.9% quarter-over-quarter to $172B.
Based on Jennison Associates's 13F filing for Q3 2025, filed 30 Oct 2025.