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 |
Schlumberger
SLB
|
$527M |
| 2 |
Qualcomm
QCOM
|
$448M |
| 3 |
Marriott International Class A Common Stock
MAR
|
$369M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$305M |
| 5 |
CELG
Celgene Corp
CELG
|
$230M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$1.05B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$543M |
| 3 |
Goldman Sachs
GS
|
$496M |
| 4 |
WFM
Whole Foods Market Inc
WFM
|
$452M |
| 5 |
Estee Lauder
EL
|
$329M |
Sector Composition
| 1 | Healthcare | 18.05% |
| 2 | Consumer Discretionary | 14.25% |
| 3 | Technology | 11.26% |
| 4 | Communication Services | 11.22% |
| 5 | Energy | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vertex Pharmaceuticals
VRTX
$102B
| $1.12B | 1.03% |
11,865,009
-739,038
| -6% | -$70M |
|
|
RHT
27
DELISTED
Red Hat Inc
RHT
| $1.05B | 0.97% |
19,073,938
+2,069,635
| +12% | +$114M |
|
28
TJX Companies
TJX
$155B
| $1.04B | 0.95% |
39,029,004
-1,534,850
| -4% | -$40.8M |
|
29
Costco
COST
$427B
| $1.03B | 0.95% |
8,969,426
-23,152
| -0.3% | -$2.67M |
|
|
LNKD
30
DELISTED
LinkedIn Corporation
LNKD
| $1.02B | 0.94% |
5,946,608
+587,949
| +11% | +$101M |
|
31
Mondelez International
MDLZ
$79.9B
| $980M | 0.9% |
26,062,911
-1,543,212
| -6% | -$58M |
|
32
Starbucks
SBUX
$97.1B
| $958M | 0.88% |
24,758,604
+4,552,230
| +23% | +$176M |
|
33
Capri Holdings
CPRI
$2.53B
| $934M | 0.86% |
10,535,122
-1,241,871
| -11% | -$110M |
|
34
Netflix
NFLX
$529B
| $923M | 0.85% |
14,661,906
+1,624,140
| +12% | +$102M |
|
35
Adobe
ADBE
$148B
| $903M | 0.83% |
12,482,885
-831,157
| -6% | -$60.1M |
|
36
Tesla
TSLA
$1.13T
| $894M | 0.82% |
55,857,210
+929,805
| +2% | +$14.9M |
|
37
Morgan Stanley
MS
$236B
| $875M | 0.8% |
27,067,206
+1,039,193
| +4% | +$33.6M |
|
38
Abbott
ABT
$231B
| $873M | 0.8% |
21,339,640
+670,262
| +3% | +$27.4M |
|
39
Union Pacific
UNP
$131B
| $847M | 0.78% |
8,488,765
-553,483
| -6% | -$55.2M |
|
|
VMW
40
DELISTED
VMware, Inc
VMW
| $841M | 0.77% |
8,685,850
+17,440
| +0.2% | +$1.69M |
|
41
RTX Corp
RTX
$211B
| $839M | 0.77% |
11,542,340
-274,730
| -2% | -$20M |
|
42
Under Armour
UAA
$2.2B
| $819M | 0.75% |
27,719,861
+4,598,643
| +20% | +$136M |
|
43
American Tower
AMT
$92.9B
| $782M | 0.72% |
8,693,674
+154,254
| +2% | +$13.9M |
|
|
AGN
44
DELISTED
ALLERGAN INC
AGN
| $759M | 0.7% |
4,487,566
-6,176,439
| -58% | -$1.05B |
|
|
TFCFA
45
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $690M | 0.63% |
19,638,710
+1,630,599
| +9% | +$57.3M |
|
|
NBL
46
DELISTED
Noble Energy, Inc.
NBL
| $674M | 0.62% |
8,696,955
-51,293
| -0.6% | -$3.97M |
|
|
SPLK
47
DELISTED
Splunk Inc
SPLK
| $671M | 0.62% |
12,127,709
+1,623,967
| +15% | +$89.9M |
|
|
48
Marriott International Class A Common Stock
MAR
$71.9B
| $671M | 0.62% |
10,460,341
+5,753,362
| +122% | +$369M |
|
49
SBA Communications
SBAC
$21.2B
| $650M | 0.6% |
6,351,260
-20,011
| -0.3% | -$2.05M |
|
50
Workday
WDAY
$61.7B
| $647M | 0.59% |
7,198,743
+986,005
| +16% | +$88.6M |
|