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 |
Mastercard
MA
|
$2.08B |
| 2 |
Novo Nordisk
NVO
|
$973M |
| 3 |
Perrigo
PRGO
|
$659M |
| 4 |
Merck
MRK
|
$636M |
| 5 |
Las Vegas Sands
LVS
|
$380M |
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% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Costco
COST
$418B
| $1B | 0.96% | 8,992,578 -93,485 | -1% | -$10.4M |
|
27
Canadian Pacific Kansas City
CP
$69.9B
| $1B | 0.96% | 6,676,069 +619,200 | +10% | +$93.1M |
|
|
LNKD
28
DELISTED
LinkedIn Corporation
LNKD
| $991M | 0.95% | 5,358,659 -96,811 | -2% | -$17.9M |
|
29
EOG Resources
EOG
$68.2B
| $970M | 0.93% | 4,943,897 -291,575 | -6% | -$57.2M |
|
30
Mondelez International
MDLZ
$79.5B
| $954M | 0.91% | 27,606,123 -3,816,118 | -12% | -$132M |
|
|
VMW
31
DELISTED
VMware, Inc
VMW
| $936M | 0.9% | 8,668,410 -320,690 | -4% | -$34.6M |
|
|
ESRX
32
DELISTED
Express Scripts Holding Company
ESRX
| $914M | 0.87% | 12,174,502 -564,502 | -4% | -$42.4M |
|
|
WFM
33
DELISTED
Whole Foods Market Inc
WFM
| $902M | 0.86% | 17,792,188 +1,158,358 | +7% | +$58.7M |
|
|
RHT
34
DELISTED
Red Hat Inc
RHT
| $901M | 0.86% | 17,004,303 +182,956 | +1% | +$9.69M |
|
35
Vertex Pharmaceuticals
VRTX
$100B
| $891M | 0.85% | 12,604,047 -870,831 | -6% | -$61.6M |
|
36
Adobe
ADBE
$151B
| $875M | 0.84% | 13,314,042 +513,143 | +4% | +$33.7M |
|
37
RTX Corp
RTX
$212B
| $869M | 0.83% | 7,436,797 +45,075 | +0.6% | +$5.27M |
|
|
38
Goldman Sachs
GS
$226B
| $851M | 0.81% | 5,196,612 -1,917,626 | -27% | -$314M |
|
39
Union Pacific
UNP
$133B
| $848M | 0.81% | 4,521,124 +323,862 | +8% | +$60.8M |
|
|
CELG
40
DELISTED
Celgene Corp
CELG
| $827M | 0.79% | 5,926,619 +419,164 | +8% | +$58.5M |
|
41
Morgan Stanley
MS
$240B
| $811M | 0.78% | 26,028,013 +6,757,595 | +35% | +$211M |
|
42
Abbott
ABT
$231B
| $796M | 0.76% | 20,669,378 +1,709,617 | +9% | +$65.8M |
|
43
Tesla
TSLA
$1.08T
| $763M | 0.73% | 3,661,827 +199,650 | +6% | +$41.6M |
|
|
SPLK
44
DELISTED
Splunk Inc
SPLK
| $751M | 0.72% | 10,503,742 +1,644,093 | +19% | +$118M |
|
45
Starbucks
SBUX
$100B
| $741M | 0.71% | 10,103,187 -216,370 | -2% | -$15.9M |
|
46
American Tower
AMT
$95.5B
| $699M | 0.67% | 8,539,420 +1,830,237 | +27% | +$150M |
|
|
47
Perrigo
PRGO
$3.27B
| $659M | 0.63% | +4,257,843 | New | +$659M |
|
48
Under Armour
UAA
$2.14B
| $658M | 0.63% | 5,739,565 +39,872 | +0.7% | +$4.57M |
|
49
Netflix
NFLX
$513B
| $656M | 0.63% | 1,862,538 +34,096 | +2% | +$12M |
|
|
DISCA
50
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $632M | 0.6% | 7,644,971 -256,595 | -3% | -$21.2M |
|