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 |
AstraZeneca
AZN
|
$810M |
| 2 |
Intuitive Surgical
ISRG
|
$705M |
| 3 |
S&P Global
SPGI
|
$439M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$361M |
| 5 |
Bristol-Myers Squibb
BMY
|
$253M |
Top Sells
| 1 |
Broadcom
AVGO
|
$605M |
| 2 |
FedEx
FDX
|
$587M |
| 3 |
Monster Beverage
MNST
|
$395M |
| 4 |
McDonald's
MCD
|
$387M |
| 5 |
Booking.com
BKNG
|
$380M |
Sector Composition
| 1 | Technology | 22.3% |
| 2 | Consumer Discretionary | 16.25% |
| 3 | Healthcare | 15.51% |
| 4 | Financials | 12.99% |
| 5 | Communication Services | 11.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALXN
26
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $1.2B | 1.1% |
8,627,536
+2,599,414
| +43% | +$361M |
|
27
Vertex Pharmaceuticals
VRTX
$103B
| $1.2B | 1.1% |
6,202,493
+1,139,486
| +23% | +$220M |
|
28
PayPal
PYPL
$66.2B
| $1.19B | 1.1% |
13,573,826
-1,851,290
| -12% | -$163M |
|
29
Estee Lauder
EL
$32.7B
| $1.19B | 1.1% |
8,198,571
-642,808
| -7% | -$93.4M |
|
30
Workday
WDAY
$61.1B
| $1.12B | 1.04% |
7,701,472
+252,921
| +3% | +$36.9M |
|
|
RHT
31
DELISTED
Red Hat Inc
RHT
| $1.09B | 1.01% |
8,014,447
-175,149
| -2% | -$23.9M |
|
32
BioMarin Pharmaceuticals
BMRN
$11.3B
| $1.05B | 0.97% |
10,844,238
-744,393
| -6% | -$72.2M |
|
33
Corpay
CPAY
$22.4B
| $1.01B | 0.93% |
4,430,365
-168,005
| -4% | -$38.3M |
|
34
Goldman Sachs
GS
$221B
| $897M | 0.83% |
4,000,259
-252,982
| -6% | -$56.7M |
|
35
Caterpillar
CAT
$195B
| $857M | 0.79% |
5,617,710
-824,901
| -13% | -$126M |
|
|
SPLK
36
DELISTED
Splunk Inc
SPLK
| $843M | 0.78% |
6,971,292
-111,315
| -2% | -$13.5M |
|
|
CXO
37
DELISTED
CONCHO RESOURCES INC.
CXO
| $812M | 0.75% |
5,317,534
-120,468
| -2% | -$18.4M |
|
|
38
Broadcom
AVGO
$1.4T
| $811M | 0.75% |
3,287,348
-2,451,666
| -43% | -$605M |
|
|
39
Intuitive Surgical
ISRG
$168B
| $796M | 0.73% |
1,387,243
+1,228,418
| +773% | +$705M |
|
|
40
Booking.com
BKNG
$178B
| $789M | 0.73% |
397,798
-191,501
| -32% | -$380M |
|
41
Albemarle
ALB
$9.36B
| $788M | 0.73% |
7,896,101
+565,127
| +8% | +$56.4M |
|
42
Parker-Hannifin
PH
$95B
| $763M | 0.7% |
4,145,742
-711,933
| -15% | -$131M |
|
|
CELG
43
DELISTED
Celgene Corp
CELG
| $736M | 0.68% |
8,228,124
+2,748,302
| +50% | +$246M |
|
44
Texas Instruments
TXN
$182B
| $734M | 0.68% |
6,839,884
-42,608
| -0.6% | -$4.57M |
|
|
45
McDonald's
MCD
$225B
| $721M | 0.66% |
4,307,717
-2,315,450
| -35% | -$387M |
|
|
XYZ
46
Block, Inc.
XYZ
$46.5B
| $712M | 0.66% |
7,193,288
+275,166
| +4% | +$27.2M |
|
47
PNC Financial Services
PNC
$80.9B
| $608M | 0.56% |
4,466,833
-2,054,051
| -31% | -$280M |
|
|
48
S&P Global
SPGI
$165B
| $597M | 0.55% |
3,055,356
+2,246,219
| +278% | +$439M |
|
49
Chipotle Mexican Grill
CMG
$56B
| $377M | 0.35% |
830,269
+466,849
| +128% | +$212M |
|
|
AGN
50
DELISTED
Allergan plc
AGN
| $339M | 0.31% |
1,779,659
+139,195
| +8% | +$26.5M |
|