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 | |
|---|---|---|---|---|---|---|
|
WCN
451
Waste Connections
WCN
$41.5B
| $1.65M | ﹤0.01% |
10,134
-3,162
| -24% | -$527K |
|
452
Innoviva
INVA
$1.51B
| $1.63M | ﹤0.01% |
69,767
+23,364
| +50% | +$503K |
|
453
Hasbro
HAS
$12.9B
| $1.59M | ﹤0.01% |
16,950
| – | – |
|
454
Central Garden & Pet Co Class A
CENTA
$2.41B
| $1.57M | ﹤0.01% |
48,375
-10,198
| -17% | -$325K |
|
455
Amneal Pharmaceuticals
AMRX
$5.89B
| $1.55M | ﹤0.01% |
124,898
+47,497
| +61% | +$638K |
|
456
SITE Centers
SITC
$172M
| $1.55M | ﹤0.01% |
286,980
-6,552
| -2% | -$40.2K |
|
457
Starbucks
SBUX
$121B
| $1.54M | ﹤0.01% |
17,222
-599
| -3% | -$56.7K |
|
458
Artisan Partners
APAM
$3.04B
| $1.5M | ﹤0.01% |
41,342
-7,438
| -15% | -$304K |
|
459
Skywest
SKYW
$4.5B
| $1.45M | ﹤0.01% |
15,814
-1,703
| -10% | -$168K |
|
460
Nabors Industries
NBR
$1.16B
| $1.45M | ﹤0.01% |
16,823
-2,131
| -11% | -$155K |
|
|
EFC
461
Ellington Financial
EFC
$1.66B
| $1.43M | ﹤0.01% |
121,036
-17,481
| -13% | -$222K |
|
462
Itron
ITRI
$4.62B
| $1.43M | ﹤0.01% |
15,975
+10,090
| +171% | +$969K |
|
463
Hovnanian Enterprises
HOV
$808M
| $1.4M | ﹤0.01% |
12,663
-287
| -2% | -$33.4K |
|
464
Terreno Realty
TRNO
$7.34B
| $1.4M | ﹤0.01% |
22,730
-6,732
| -23% | -$422K |
|
465
Sally Beauty Holdings
SBH
$1.48B
| $1.39M | ﹤0.01% |
100,409
+46,254
| +85% | +$705K |
|
466
Interface
TILE
$2.01B
| $1.37M | ﹤0.01% |
54,992
-1,256
| -2% | -$37.6K |
|
467
Canadian Pacific Kansas City
CP
$80.4B
| $1.36M | ﹤0.01% |
17,319
-9,610
| -36% | -$760K |
|
468
Worthington Steel
WS
$1.94B
| $1.36M | ﹤0.01% |
44,807
+3,530
| +9% | +$137K |
|
469
Sanmina
SANM
$10.7B
| $1.35M | ﹤0.01% |
10,449
-238
| -2% | -$35K |
|
470
Fabrinet
FN
$18.7B
| $1.35M | ﹤0.01% |
2,592
-395
| -13% | -$201K |
|
|
TRTX
471
TPG RE Finance Trust
TRTX
$610M
| $1.33M | ﹤0.01% |
+170,302
| New | +$1.47M |
|
472
Meritage Homes
MTH
$4.88B
| $1.31M | ﹤0.01% |
21,203
+8,509
| +67% | +$601K |
|
473
Pediatrix Medical
MD
$2.11B
| $1.3M | ﹤0.01% |
60,846
+24,950
| +70% | +$519K |
|
474
Haemonetics
HAE
$3.8B
| $1.27M | ﹤0.01% |
22,536
+10,433
| +86% | +$679K |
|
475
Trane Technologies
TT
$106B
| $1.26M | ﹤0.01% |
3,016
| – | – |
|
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.