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 |
Estee Lauder
EL
|
$664M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$657M |
| 3 |
UnitedHealth
UNH
|
$644M |
| 4 |
AbbVie
ABBV
|
$544M |
| 5 |
PayPal
PYPL
|
$482M |
Top Sells
| 1 |
O'Reilly Automotive
ORLY
|
$559M |
| 2 |
SHPG
Shire pic
SHPG
|
$454M |
| 3 |
Amazon
AMZN
|
$448M |
| 4 |
Alibaba
BABA
|
$423M |
| 5 |
Ulta Beauty
ULTA
|
$412M |
Sector Composition
| 1 | Technology | 21.02% |
| 2 | Healthcare | 15.35% |
| 3 | Consumer Discretionary | 14.87% |
| 4 | Communication Services | 13.03% |
| 5 | Financials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
UnitedHealth
UNH
$281B
| $1.09B | 1.11% | 5,541,977 +3,289,470 | +146% | +$644M |
|
27
Albemarle
ALB
$9.99B
| $1.06B | 1.09% | 7,797,076 +1,375,546 | +21% | +$188M |
|
28
Tesla
TSLA
$1.08T
| $985M | 1.01% | 2,887,792 -114,893 | -4% | -$39.2M |
|
29
Vertex Pharmaceuticals
VRTX
$100B
| $915M | 0.94% | 6,017,766 +962,644 | +19% | +$146M |
|
30
Parker-Hannifin
PH
$96.2B
| $897M | 0.92% | 5,127,665 -898,775 | -15% | -$157M |
|
|
RHT
31
DELISTED
Red Hat Inc
RHT
| $887M | 0.91% | 8,001,251 -1,349,933 | -14% | -$150M |
|
|
AGN
32
DELISTED
Allergan plc
AGN
| $872M | 0.89% | 4,256,419 -1,242,800 | -23% | -$255M |
|
33
Home Depot
HD
$405B
| $813M | 0.83% | 4,973,452 -1,095,016 | -18% | -$179M |
|
34
Illumina
ILMN
$15.8B
| $808M | 0.83% | 4,057,421 -592,376 | -13% | -$118M |
|
35
Workday
WDAY
$61.6B
| $808M | 0.83% | 7,668,832 -185,399 | -2% | -$19.5M |
|
36
Crown Castle
CCI
$43.2B
| $804M | 0.82% | 8,042,148 +236,039 | +3% | +$23.6M |
|
|
ALXN
37
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $748M | 0.77% | 5,332,636 +4,682,336 | +720% | +$657M |
|
|
CXO
38
DELISTED
CONCHO RESOURCES INC.
CXO
| $743M | 0.76% | 5,640,195 -398,215 | -7% | -$52.5M |
|
39
Corpay
CPAY
$23B
| $689M | 0.71% | 4,453,791 -82,804 | -2% | -$12.8M |
|
40
Monster Beverage
MNST
$60.9B
| $666M | 0.68% | 12,053,475 +68,041 | +0.6% | +$3.76M |
|
|
41
Estee Lauder
EL
$33B
| $664M | 0.68% | +6,161,274 | New | +$664M |
|
42
Texas Instruments
TXN
$184B
| $596M | 0.61% | 6,647,208 -1,027,615 | -13% | -$92.1M |
|
43
Costco
COST
$418B
| $583M | 0.6% | 3,548,179 -1,450,520 | -29% | -$238M |
|
|
SPLK
44
DELISTED
Splunk Inc
SPLK
| $582M | 0.6% | 8,759,270 -220,011 | -2% | -$14.6M |
|
45
FedEx
FDX
$54.5B
| $564M | 0.58% | 2,502,242 -600,653 | -19% | -$135M |
|
|
46
AbbVie
ABBV
$372B
| $544M | 0.56% | +6,126,689 | New | +$544M |
|
47
Regeneron Pharmaceuticals
REGN
$61.5B
| $536M | 0.55% | 1,199,747 -93,116 | -7% | -$41.6M |
|
|
48
PayPal
PYPL
$67.1B
| $482M | 0.49% | +7,526,740 | New | +$482M |
|
49
Halliburton
HAL
$19.4B
| $402M | 0.41% | 8,726,712 +105,046 | +1% | +$4.84M |
|
50
PG&E
PCG
$33.6B
| $376M | 0.39% | 5,520,849 -52,795 | -0.9% | -$3.59M |
|