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 |
PayPal
PYPL
|
$650M |
| 2 |
Home Depot
HD
|
$617M |
| 3 |
Costco
COST
|
$570M |
| 4 |
Caterpillar
CAT
|
$524M |
| 5 |
AbbVie
ABBV
|
$506M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Booking.com
BKNG
|
$555M |
| 3 |
CELG
Celgene Corp
CELG
|
$537M |
| 4 |
Crown Castle
CCI
|
$509M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
$423M |
Sector Composition
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.65% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.57% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RHT
26
DELISTED
Red Hat Inc
RHT
| $1.15B | 1.13% | 9,552,072 +1,550,821 | +19% | +$186M |
|
27
Parker-Hannifin
PH
$96.2B
| $1.13B | 1.11% | 5,650,607 +522,942 | +10% | +$104M |
|
28
Charter Communications
CHTR
$36.3B
| $1.1B | 1.09% | 3,286,784 -315,538 | -9% | -$106M |
|
|
29
AbbVie
ABBV
$372B
| $1.1B | 1.08% | 11,353,745 +5,227,056 | +85% | +$506M |
|
30
Tesla
TSLA
$1.08T
| $1.05B | 1.04% | 3,382,553 +494,761 | +17% | +$154M |
|
31
BioMarin Pharmaceuticals
BMRN
$11.2B
| $1.05B | 1.04% | 11,809,695 -504,662 | -4% | -$45M |
|
|
CELG
32
DELISTED
Celgene Corp
CELG
| $1.02B | 1.01% | 9,815,811 -5,146,596 | -34% | -$537M |
|
33
Albemarle
ALB
$9.99B
| $1.01B | 0.99% | 7,876,682 +79,606 | +1% | +$10.2M |
|
34
Illumina
ILMN
$15.8B
| $964M | 0.95% | 4,412,621 +355,200 | +9% | +$77.6M |
|
|
35
Caterpillar
CAT
$196B
| $938M | 0.93% | 5,951,370 +3,324,051 | +127% | +$524M |
|
|
CXO
36
DELISTED
CONCHO RESOURCES INC.
CXO
| $932M | 0.92% | 6,201,680 +561,485 | +10% | +$84.3M |
|
37
FedEx
FDX
$54.5B
| $920M | 0.91% | 3,687,689 +1,185,447 | +47% | +$296M |
|
38
Texas Instruments
TXN
$184B
| $910M | 0.9% | 8,708,463 +2,061,255 | +31% | +$215M |
|
|
ATVI
39
DELISTED
Activision Blizzard Inc.
ATVI
| $876M | 0.87% | 13,831,758 -6,294,543 | -31% | -$399M |
|
|
40
Booking.com
BKNG
$181B
| $838M | 0.83% | 482,176 -319,583 | -40% | -$555M |
|
41
Monster Beverage
MNST
$60.9B
| $831M | 0.82% | 13,126,248 +1,072,773 | +9% | +$67.9M |
|
42
Vertex Pharmaceuticals
VRTX
$100B
| $830M | 0.82% | 5,537,907 -479,859 | -8% | -$71.9M |
|
43
Corpay
CPAY
$23B
| $828M | 0.82% | 4,303,183 -150,608 | -3% | -$29M |
|
44
Workday
WDAY
$61.6B
| $753M | 0.74% | 7,400,357 -268,475 | -4% | -$27.3M |
|
|
SPLK
45
DELISTED
Splunk Inc
SPLK
| $677M | 0.67% | 8,174,945 -584,325 | -7% | -$48.4M |
|
|
ALXN
46
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $600M | 0.59% | 5,021,165 -311,471 | -6% | -$37.2M |
|
47
Halliburton
HAL
$19.4B
| $433M | 0.43% | 8,857,279 +130,567 | +1% | +$6.38M |
|
|
48
Crown Castle
CCI
$43.2B
| $383M | 0.38% | 3,454,007 -4,588,141 | -57% | -$509M |
|
49
Corning
GLW
$57.4B
| $368M | 0.36% | 11,491,434 +2,284,899 | +25% | +$73.1M |
|
|
AGN
50
DELISTED
Allergan plc
AGN
| $343M | 0.34% | 2,099,272 -2,157,147 | -51% | -$353M |
|