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
| 1 |
Perrigo
PRGO
|
+$659M |
| 2 |
Merck
MRK
|
+$636M |
| 3 |
Las Vegas Sands
LVS
|
+$380M |
| 4 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$375M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$296M |
Top Sells
| 1 |
Ralph Lauren
RL
|
+$518M |
| 2 |
eBay
EBAY
|
+$474M |
| 3 |
Estee Lauder
EL
|
+$419M |
| 4 |
Goldman Sachs
GS
|
+$314M |
| 5 |
TechnipFMC
FTI
|
+$313M |
Sector Composition
| 1 | Healthcare | 20.08% |
| 2 | Consumer Discretionary | 13.88% |
| 3 | Communication Services | 10.65% |
| 4 | Technology | 10.56% |
| 5 | Energy | 9.33% |
