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 |
Capri Holdings
CPRI
|
$479M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
$246M |
| 3 |
AGN
ALLERGAN INC
AGN
|
$241M |
| 4 |
Apple
AAPL
|
$229M |
| 5 |
Tesla
TSLA
|
$188M |
Top Sells
| 1 |
IBM
IBM
|
$660M |
| 2 |
Intuitive Surgical
ISRG
|
$501M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$476M |
| 4 |
Broadcom
AVGO
|
$375M |
| 5 |
Crown Castle
CCI
|
$373M |
Sector Composition
| 1 | Healthcare | 17.32% |
| 2 | Consumer Discretionary | 14.66% |
| 3 | Technology | 10.42% |
| 4 | Energy | 9.58% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
EOG Resources
EOG
$68.8B
| $937M | 0.98% |
5,533,261
+282,420
| +5% | +$47.8M |
|
27
Estee Lauder
EL
$32.7B
| $928M | 0.97% |
13,278,099
-534,966
| -4% | -$37.4M |
|
28
Union Pacific
UNP
$132B
| $900M | 0.94% |
5,792,998
-215,020
| -4% | -$33.4M |
|
29
Morgan Stanley
MS
$238B
| $883M | 0.93% |
32,754,393
-805,911
| -2% | -$21.7M |
|
|
ESRX
30
DELISTED
Express Scripts Holding Company
ESRX
| $858M | 0.9% |
13,880,693
+2,411,387
| +21% | +$149M |
|
|
AGN
31
DELISTED
ALLERGAN INC
AGN
| $853M | 0.89% |
9,427,363
+2,669,323
| +39% | +$241M |
|
|
32
Capri Holdings
CPRI
$2.45B
| $839M | 0.88% |
11,253,755
+6,431,090
| +133% | +$479M |
|
33
RTX Corp
RTX
$212B
| $824M | 0.86% |
7,646,861
-277,754
| -4% | -$29.9M |
|
34
UnitedHealth
UNH
$280B
| $824M | 0.86% |
11,508,779
-418,625
| -4% | -$30M |
|
35
Starbucks
SBUX
$102B
| $823M | 0.86% |
10,692,843
+1,885,978
| +21% | +$145M |
|
|
RHT
36
DELISTED
Red Hat Inc
RHT
| $800M | 0.84% |
17,334,554
-1,947,438
| -10% | -$89.9M |
|
|
VMW
37
DELISTED
VMware, Inc
VMW
| $750M | 0.79% |
9,271,319
+178,505
| +2% | +$14.4M |
|
38
Illumina
ILMN
$15.5B
| $737M | 0.77% |
9,122,345
-41,420
| -0.5% | -$3.35M |
|
39
Bristol-Myers Squibb
BMY
$96.5B
| $714M | 0.75% |
15,435,882
-1,672,183
| -10% | -$77.4M |
|
40
eBay
EBAY
$41.1B
| $711M | 0.75% |
12,741,899
-437,117
| -3% | -$24.4M |
|
41
Schlumberger
SLB
$53.6B
| $673M | 0.71% |
7,622,129
+188,953
| +3% | +$16.7M |
|
42
BioMarin Pharmaceuticals
BMRN
$11.3B
| $641M | 0.67% |
8,876,357
+1,642,434
| +23% | +$119M |
|
43
Canadian Pacific Kansas City
CP
$70.2B
| $632M | 0.66% |
5,121,885
+1,009,603
| +25% | +$124M |
|
|
ARMH
44
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $631M | 0.66% |
13,103,798
+616,724
| +5% | +$29.7M |
|
45
Ralph Lauren
RL
$18.8B
| $629M | 0.66% |
3,819,077
-1,933,762
| -34% | -$319M |
|
|
DNKN
46
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $623M | 0.65% |
13,771,839
-900,019
| -6% | -$40.7M |
|
|
CELG
47
DELISTED
Celgene Corp
CELG
| $622M | 0.65% |
4,040,116
+598,359
| +17% | +$92.1M |
|
48
TechnipFMC
FTI
$15.4B
| $607M | 0.64% |
10,946,389
+1,348,664
| +14% | +$74.7M |
|
|
NBL
49
DELISTED
Noble Energy, Inc.
NBL
| $604M | 0.63% |
9,020,040
-180,418
| -2% | -$12.1M |
|
|
DISCA
50
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $600M | 0.63% |
7,108,035
+1,780,025
| +33% | +$150M |
|