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 |
Visa
V
|
$1.18B |
| 2 |
Kroger
KR
|
$608M |
| 3 |
TWX
Time Warner Inc
TWX
|
$577M |
| 4 |
AGN
Allergan plc
AGN
|
$512M |
| 5 |
NXP Semiconductors
NXPI
|
$417M |
Top Sells
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$713M |
| 3 |
CELG
Celgene Corp
CELG
|
$382M |
| 4 |
AGN
ALLERGAN INC
AGN
|
$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
$304M |
Sector Composition
| 1 | Healthcare | 20.05% |
| 2 | Consumer Discretionary | 14.71% |
| 3 | Technology | 13% |
| 4 | Communication Services | 12.47% |
| 5 | Financials | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Adobe
ADBE
$147B
| $1.1B | 1% |
14,816,863
+1,137,774
| +8% | +$84.1M |
|
|
MON
27
DELISTED
Monsanto Co
MON
| $1.07B | 0.98% |
9,509,247
-1,158,840
| -11% | -$130M |
|
28
Netflix
NFLX
$516B
| $1.02B | 0.93% |
2,438,831
-220,545
| -8% | -$91.9M |
|
29
Abbott
ABT
$231B
| $999M | 0.92% |
21,571,193
-659,749
| -3% | -$30.6M |
|
30
Marriott International Class A Common Stock
MAR
$72.7B
| $995M | 0.91% |
12,390,436
-713,313
| -5% | -$57.3M |
|
31
Gilead Sciences
GILD
$140B
| $950M | 0.87% |
9,677,563
-749,701
| -7% | -$73.6M |
|
32
Under Armour
UAA
$2.14B
| $940M | 0.86% |
11,639,104
-140,845
| -1% | -$11.4M |
|
|
ALXN
33
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $908M | 0.83% |
5,240,238
-553,113
| -10% | -$95.9M |
|
34
Canadian Pacific Kansas City
CP
$69.9B
| $897M | 0.82% |
4,912,169
-1,452,307
| -23% | -$265M |
|
35
Morgan Stanley
MS
$240B
| $873M | 0.8% |
24,458,099
-5,616,125
| -19% | -$200M |
|
36
Corpay
CPAY
$23B
| $849M | 0.78% |
5,623,437
+96,369
| +2% | +$14.5M |
|
37
O'Reilly Automotive
ORLY
$88B
| $837M | 0.77% |
3,871,447
-347,566
| -8% | -$75.2M |
|
38
Tesla
TSLA
$1.06T
| $831M | 0.76% |
4,401,602
+1,145,530
| +35% | +$216M |
|
39
Mondelez International
MDLZ
$80B
| $822M | 0.75% |
22,762,594
-8,093,864
| -26% | -$292M |
|
40
Union Pacific
UNP
$133B
| $781M | 0.72% |
7,214,218
-1,142,905
| -14% | -$124M |
|
41
Schlumberger
SLB
$53.6B
| $778M | 0.71% |
9,323,398
-2,563,959
| -22% | -$214M |
|
|
ARMH
42
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $778M | 0.71% |
15,779,113
+1,788,120
| +13% | +$88.2M |
|
43
Vertex Pharmaceuticals
VRTX
$100B
| $773M | 0.71% |
6,548,491
-157,255
| -2% | -$18.6M |
|
44
American Tower
AMT
$95.5B
| $761M | 0.7% |
8,081,990
+729,485
| +10% | +$68.7M |
|
|
45
Kroger
KR
$44.9B
| $745M | 0.68% |
9,717,289
+7,934,720
| +445% | +$608M |
|
|
SPLK
46
DELISTED
Splunk Inc
SPLK
| $735M | 0.67% |
12,418,752
+425,242
| +4% | +$25.2M |
|
47
EOG Resources
EOG
$68.2B
| $721M | 0.66% |
7,866,446
-249,651
| -3% | -$22.9M |
|
48
Workday
WDAY
$61.6B
| $708M | 0.65% |
8,387,240
+747,995
| +10% | +$63.1M |
|
49
BioMarin Pharmaceuticals
BMRN
$11.2B
| $673M | 0.62% |
5,400,974
-260,013
| -5% | -$32.4M |
|
50
TJX Companies
TJX
$152B
| $663M | 0.61% |
9,458,138
+1,010,463
| +12% | +$70.8M |
|