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 |
McDonald's
MCD
|
$816M |
| 2 |
Crown Castle
CCI
|
$691M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$581M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
$467M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
$304M |
Top Sells
| 1 |
Nike
NKE
|
$1.34B |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$1.09B |
| 3 |
Amazon
AMZN
|
$671M |
| 4 |
TWX
Time Warner Inc
TWX
|
$463M |
| 5 |
NXP Semiconductors
NXPI
|
$452M |
Sector Composition
| 1 | Technology | 20.95% |
| 2 | Consumer Discretionary | 17.67% |
| 3 | Healthcare | 13.89% |
| 4 | Communication Services | 13.06% |
| 5 | Financials | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Tesla
TSLA
$1.08T
| $1.09B | 1.15% |
3,002,685
+124,511
| +4% | +$45M |
|
27
Parker-Hannifin
PH
$94.4B
| $963M | 1.02% |
6,026,440
+1,336,541
| +28% | +$214M |
|
|
28
McDonald's
MCD
$224B
| $936M | 0.99% |
6,109,830
+5,327,778
| +681% | +$816M |
|
29
Home Depot
HD
$406B
| $931M | 0.99% |
6,068,468
+761,586
| +14% | +$117M |
|
|
RHT
30
DELISTED
Red Hat Inc
RHT
| $895M | 0.95% |
9,351,184
-788,687
| -8% | -$75.5M |
|
31
Illumina
ILMN
$15.4B
| $807M | 0.86% |
4,649,797
-614,552
| -12% | -$107M |
|
32
Costco
COST
$417B
| $799M | 0.85% |
4,998,699
-420,122
| -8% | -$67.2M |
|
|
33
Crown Castle
CCI
$43.1B
| $782M | 0.83% |
7,806,109
+6,901,353
| +763% | +$691M |
|
34
Workday
WDAY
$62B
| $762M | 0.81% |
7,854,231
-318,272
| -4% | -$30.9M |
|
|
CXO
35
DELISTED
CONCHO RESOURCES INC.
CXO
| $734M | 0.78% |
6,038,410
+211,679
| +4% | +$25.7M |
|
36
Ulta Beauty
ULTA
$24B
| $709M | 0.75% |
2,468,332
+205,289
| +9% | +$59M |
|
37
Albemarle
ALB
$9.49B
| $678M | 0.72% |
6,421,530
+689,054
| +12% | +$72.7M |
|
38
FedEx
FDX
$52.8B
| $674M | 0.72% |
3,102,895
-327,076
| -10% | -$71.1M |
|
39
Corpay
CPAY
$22.3B
| $654M | 0.69% |
4,536,595
-70,267
| -2% | -$10.1M |
|
|
40
Vertex Pharmaceuticals
VRTX
$103B
| $651M | 0.69% |
5,055,122
+3,626,368
| +254% | +$467M |
|
41
Regeneron Pharmaceuticals
REGN
$61.9B
| $635M | 0.67% |
1,292,863
+532,547
| +70% | +$262M |
|
|
SHPG
42
DELISTED
Shire pic
SHPG
| $617M | 0.65% |
3,734,598
-2,735,374
| -42% | -$452M |
|
43
Expedia Group
EXPE
$26.3B
| $596M | 0.63% |
3,998,193
+599,037
| +18% | +$89.2M |
|
44
Monster Beverage
MNST
$61.5B
| $595M | 0.63% |
11,985,434
-1,422,285
| -11% | -$70.7M |
|
45
Texas Instruments
TXN
$181B
| $590M | 0.63% |
7,674,823
-406,073
| -5% | -$31.2M |
|
46
O'Reilly Automotive
ORLY
$87.8B
| $559M | 0.59% |
2,555,466
-415,467
| -14% | -$90.9M |
|
|
SPLK
47
DELISTED
Splunk Inc
SPLK
| $511M | 0.54% |
8,979,281
-2,333,199
| -21% | -$133M |
|
48
UnitedHealth
UNH
$276B
| $418M | 0.44% |
2,252,507
+1,449,130
| +180% | +$269M |
|
49
Qualcomm
QCOM
$170B
| $397M | 0.42% |
7,197,788
-1,087,996
| -13% | -$60.1M |
|
50
PG&E
PCG
$33.3B
| $370M | 0.39% |
5,573,644
+424,404
| +8% | +$28.2M |
|