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 |
JPMorgan Chase
JPM
|
$651M |
| 2 |
Charter Communications
CHTR
|
$643M |
| 3 |
Parker-Hannifin
PH
|
$606M |
| 4 |
Goldman Sachs
GS
|
$534M |
| 5 |
FedEx
FDX
|
$376M |
Top Sells
| 1 |
Biogen
BIIB
|
$701M |
| 2 |
American Tower
AMT
|
$665M |
| 3 |
Nike
NKE
|
$595M |
| 4 |
AGN
Allergan plc
AGN
|
$569M |
| 5 |
McDonald's
MCD
|
$556M |
Sector Composition
| 1 | Technology | 18.72% |
| 2 | Consumer Discretionary | 17.48% |
| 3 | Healthcare | 13.38% |
| 4 | Communication Services | 12.13% |
| 5 | Financials | 11.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
O'Reilly Automotive
ORLY
$88.1B
| $989M | 1.1% |
3,553,898
-255,674
| -7% | -$71.2M |
|
|
AGN
27
DELISTED
Allergan plc
AGN
| $959M | 1.07% |
4,568,255
-2,707,948
| -37% | -$569M |
|
|
CXO
28
DELISTED
CONCHO RESOURCES INC.
CXO
| $938M | 1.05% |
7,070,674
-487,119
| -6% | -$64.6M |
|
29
Costco
COST
$421B
| $904M | 1.01% |
5,648,519
-102,273
| -2% | -$16.4M |
|
|
RHT
30
DELISTED
Red Hat Inc
RHT
| $850M | 0.95% |
12,199,417
-145,144
| -1% | -$10.1M |
|
31
BioMarin Pharmaceuticals
BMRN
$11.3B
| $767M | 0.86% |
9,263,458
-438,742
| -5% | -$36.3M |
|
|
32
Charter Communications
CHTR
$35.7B
| $717M | 0.8% |
2,489,253
+2,233,110
| +872% | +$643M |
|
33
Regeneron Pharmaceuticals
REGN
$59.8B
| $704M | 0.79% |
1,916,941
-205,207
| -10% | -$75.3M |
|
34
NXP Semiconductors
NXPI
$57.5B
| $703M | 0.78% |
7,168,580
-2,621,056
| -27% | -$257M |
|
|
TWX
35
DELISTED
Time Warner Inc
TWX
| $685M | 0.77% |
7,099,071
-654,449
| -8% | -$63.2M |
|
36
Corpay
CPAY
$22.6B
| $684M | 0.76% |
4,836,488
+116,767
| +2% | +$16.5M |
|
37
Palo Alto Networks
PANW
$128B
| $668M | 0.75% |
5,341,069
+28,536
| +0.5% | +$3.57M |
|
38
Monster Beverage
MNST
$62B
| $641M | 0.72% |
14,457,140
+8,681,476
| +150% | -$127M |
|
39
Home Depot
HD
$406B
| $637M | 0.71% |
4,752,554
-1,764,462
| -27% | -$237M |
|
40
TJX Companies
TJX
$155B
| $628M | 0.7% |
8,363,423
-405,363
| -5% | -$30.5M |
|
|
41
Parker-Hannifin
PH
$94.8B
| $606M | 0.68% |
+4,330,276
| New | +$606M |
|
|
42
FedEx
FDX
$53.2B
| $606M | 0.68% |
3,254,194
+2,020,331
| +164% | +$376M |
|
|
SPLK
43
DELISTED
Splunk Inc
SPLK
| $604M | 0.67% |
11,809,959
-559,182
| -5% | -$28.6M |
|
44
Tesla
TSLA
$1.08T
| $570M | 0.64% |
2,668,954
-105,239
| -4% | -$22.5M |
|
|
45
Nike
NKE
$110B
| $569M | 0.64% |
11,195,821
-11,707,641
| -51% | -$595M |
|
46
Workday
WDAY
$62.3B
| $562M | 0.63% |
8,504,316
-440,402
| -5% | -$29.1M |
|
47
Ulta Beauty
ULTA
$23.8B
| $561M | 0.63% |
2,201,656
+172,156
| +8% | +$43.9M |
|
48
EOG Resources
EOG
$65.8B
| $521M | 0.58% |
5,156,711
+2,714,527
| +111% | +$274M |
|
49
S&P Global
SPGI
$165B
| $506M | 0.57% |
4,708,012
-236,638
| -5% | -$25.4M |
|
50
Albemarle
ALB
$9.43B
| $432M | 0.48% |
5,013,210
+865,503
| +21% | +$74.5M |
|