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 |
Broadcom
AVGO
|
$831M |
| 2 |
Nike
NKE
|
$780M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$608M |
| 4 |
Texas Instruments
TXN
|
$512M |
| 5 |
AGN
Allergan plc
AGN
|
$389M |
Top Sells
| 1 |
Starbucks
SBUX
|
$1.1B |
| 2 |
Qualcomm
QCOM
|
$665M |
| 3 |
TJX Companies
TJX
|
$618M |
| 4 |
Regeneron Pharmaceuticals
REGN
|
$448M |
| 5 |
NVIDIA
NVDA
|
$441M |
Sector Composition
| 1 | Technology | 20.36% |
| 2 | Consumer Discretionary | 17.4% |
| 3 | Healthcare | 13.53% |
| 4 | Communication Services | 13.11% |
| 5 | Financials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Broadcom
AVGO
$1.42T
| $924M | 0.99% |
4,217,816
+3,794,408
| +896% | +$831M |
|
27
Costco
COST
$419B
| $909M | 0.97% |
5,418,821
-229,698
| -4% | -$38.5M |
|
28
Illumina
ILMN
$15.3B
| $898M | 0.96% |
5,264,349
+2,153,711
| +69% | +$368M |
|
|
RHT
29
DELISTED
Red Hat Inc
RHT
| $877M | 0.94% |
10,139,871
-2,059,546
| -17% | -$178M |
|
30
BioMarin Pharmaceuticals
BMRN
$11.3B
| $869M | 0.93% |
9,894,605
+631,147
| +7% | +$55.4M |
|
31
O'Reilly Automotive
ORLY
$87.9B
| $802M | 0.86% |
2,970,933
-582,965
| -16% | -$157M |
|
32
Tesla
TSLA
$1.1T
| $801M | 0.86% |
2,878,174
+209,220
| +8% | +$58.2M |
|
33
Home Depot
HD
$406B
| $779M | 0.84% |
5,306,882
+554,328
| +12% | +$81.4M |
|
34
Parker-Hannifin
PH
$94.6B
| $752M | 0.81% |
4,689,899
+359,623
| +8% | +$57.7M |
|
|
CXO
35
DELISTED
CONCHO RESOURCES INC.
CXO
| $748M | 0.8% |
5,826,731
-1,243,943
| -18% | -$160M |
|
36
Halliburton
HAL
$18.6B
| $737M | 0.79% |
14,980,525
-7,015,394
| -32% | -$345M |
|
|
SPLK
37
DELISTED
Splunk Inc
SPLK
| $705M | 0.76% |
11,312,480
-497,479
| -4% | -$31M |
|
38
Corpay
CPAY
$22.2B
| $698M | 0.75% |
4,606,862
-229,626
| -5% | -$34.8M |
|
39
Workday
WDAY
$62B
| $681M | 0.73% |
8,172,503
-331,813
| -4% | -$27.6M |
|
40
EOG Resources
EOG
$66.5B
| $680M | 0.73% |
6,974,165
+1,817,454
| +35% | +$177M |
|
41
FedEx
FDX
$52.8B
| $669M | 0.72% |
3,429,971
+175,777
| +5% | +$34.3M |
|
|
42
Texas Instruments
TXN
$177B
| $651M | 0.7% |
8,080,896
+6,361,577
| +370% | +$512M |
|
43
Ulta Beauty
ULTA
$24.1B
| $645M | 0.69% |
2,263,043
+61,387
| +3% | +$17.5M |
|
44
Monster Beverage
MNST
$61.7B
| $619M | 0.66% |
13,407,719
-1,049,421
| -7% | -$48.5M |
|
|
ATVI
45
DELISTED
Activision Blizzard Inc.
ATVI
| $608M | 0.65% |
12,203,874
+12,192,839
| +110,492% | +$608M |
|
46
Albemarle
ALB
$9.35B
| $606M | 0.65% |
5,732,476
+719,266
| +14% | +$76M |
|
|
TWX
47
DELISTED
Time Warner Inc
TWX
| $597M | 0.64% |
6,112,288
-986,783
| -14% | -$96.4M |
|
|
48
Qualcomm
QCOM
$169B
| $475M | 0.51% |
8,285,784
-11,598,901
| -58% | -$665M |
|
49
NXP Semiconductors
NXPI
$57.3B
| $452M | 0.49% |
4,371,606
-2,796,974
| -39% | -$289M |
|
50
Expedia Group
EXPE
$26.1B
| $429M | 0.46% |
3,399,156
+969,034
| +40% | +$122M |
|