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 |
Qualcomm
QCOM
|
$701M |
| 2 |
Alibaba
BABA
|
$582M |
| 3 |
Goldman Sachs
GS
|
$496M |
| 4 |
Microsoft
MSFT
|
$372M |
| 5 |
Halliburton
HAL
|
$286M |
Top Sells
| 1 |
Walt Disney
DIS
|
$665M |
| 2 |
Kroger
KR
|
$551M |
| 3 |
Bristol-Myers Squibb
BMY
|
$528M |
| 4 |
Novo Nordisk
NVO
|
$457M |
| 5 |
Morgan Stanley
MS
|
$418M |
Sector Composition
| 1 | Consumer Discretionary | 19.69% |
| 2 | Technology | 18.08% |
| 3 | Healthcare | 16.2% |
| 4 | Communication Services | 11.92% |
| 5 | Financials | 9.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Starbucks
SBUX
$102B
| $980M | 1.06% |
18,100,866
+869,852
| +5% | +$47.1M |
|
27
BioMarin Pharmaceuticals
BMRN
$11.2B
| $898M | 0.97% |
9,702,200
+650,956
| +7% | +$60.2M |
|
28
NVIDIA
NVDA
$4.16T
| $880M | 0.95% |
12,844,514
+3,441,948
| +37% | +$236M |
|
29
Costco
COST
$418B
| $877M | 0.95% |
5,750,792
-560,942
| -9% | -$85.5M |
|
30
American Tower
AMT
$95.5B
| $877M | 0.94% |
7,734,277
-369,460
| -5% | -$41.9M |
|
|
ALXN
31
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $875M | 0.94% |
7,137,235
+43,840
| +0.6% | +$5.37M |
|
32
Regeneron Pharmaceuticals
REGN
$61.5B
| $853M | 0.92% |
2,122,148
+91,223
| +4% | +$36.7M |
|
33
Monster Beverage
MNST
$60.9B
| $848M | 0.91% |
5,775,664
+72,067
| +1% | +$10.6M |
|
34
Palo Alto Networks
PANW
$127B
| $846M | 0.91% |
5,312,533
+543,980
| +11% | +$86.7M |
|
35
Home Depot
HD
$405B
| $839M | 0.9% |
6,517,016
-1,437,015
| -18% | -$185M |
|
36
Workday
WDAY
$61.6B
| $820M | 0.88% |
8,944,718
-436,854
| -5% | -$40.1M |
|
37
Corpay
CPAY
$23B
| $820M | 0.88% |
4,719,721
+185,429
| +4% | +$32.2M |
|
38
Biogen
BIIB
$19.4B
| $818M | 0.88% |
2,614,383
+609,120
| +30% | +$191M |
|
|
39
Halliburton
HAL
$19.3B
| $779M | 0.84% |
17,365,068
+6,379,445
| +58% | +$286M |
|
|
SPLK
40
DELISTED
Splunk Inc
SPLK
| $726M | 0.78% |
12,369,141
-138,603
| -1% | -$8.13M |
|
|
41
Goldman Sachs
GS
$226B
| $705M | 0.76% |
4,371,336
+3,075,277
| +237% | +$496M |
|
42
McDonald's
MCD
$224B
| $681M | 0.73% |
5,905,583
-1,331,644
| -18% | -$154M |
|
43
TJX Companies
TJX
$152B
| $656M | 0.71% |
8,768,786
-1,763,435
| -17% | -$132M |
|
44
Illumina
ILMN
$15.8B
| $642M | 0.69% |
3,531,693
-162,569
| -4% | -$29.5M |
|
45
S&P Global
SPGI
$167B
| $626M | 0.67% |
4,944,650
-1,363,113
| -22% | -$173M |
|
|
TWX
46
DELISTED
Time Warner Inc
TWX
| $617M | 0.67% |
7,753,520
-972,873
| -11% | -$77.5M |
|
47
Tesla
TSLA
$1.06T
| $566M | 0.61% |
2,774,193
-320,098
| -10% | -$65.3M |
|
48
Ulta Beauty
ULTA
$22.1B
| $483M | 0.52% |
2,029,500
+924,308
| +84% | +$220M |
|
49
Vertex Pharmaceuticals
VRTX
$100B
| $452M | 0.49% |
5,180,761
+2,205,961
| +74% | +$192M |
|
50
PG&E
PCG
$33.6B
| $400M | 0.43% |
6,542,424
-137,960
| -2% | -$8.44M |
|