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 |
lululemon athletica
LULU
|
$612M |
| 2 |
Danaher
DHR
|
$490M |
| 3 |
PayPal
PYPL
|
$468M |
| 4 |
Intuitive Surgical
ISRG
|
$416M |
| 5 |
XYZ
Block, Inc.
XYZ
|
$410M |
Top Sells
| 1 |
McDonald's
MCD
|
$737M |
| 2 |
Goldman Sachs
GS
|
$721M |
| 3 |
UnitedHealth
UNH
|
$655M |
| 4 |
JPMorgan Chase
JPM
|
$560M |
| 5 |
Booking.com
BKNG
|
$559M |
Sector Composition
| 1 | Technology | 22% |
| 2 | Healthcare | 17.09% |
| 3 | Consumer Discretionary | 16.54% |
| 4 | Financials | 12.14% |
| 5 | Communication Services | 12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Union Pacific
UNP
$132B
| $1.15B | 1.14% |
6,897,106
+1,762,408
| +34% | +$295M |
|
|
XYZ
27
Block, Inc.
XYZ
$46.5B
| $1.13B | 1.13% |
15,136,362
+5,472,640
| +57% | +$410M |
|
28
Edwards Lifesciences
EW
$48B
| $1.1B | 1.09% |
5,763,824
+1,651,691
| +40% | +$316M |
|
29
BioMarin Pharmaceuticals
BMRN
$11.3B
| $1.1B | 1.09% |
12,412,593
+812,133
| +7% | +$72.1M |
|
30
Broadcom
AVGO
$1.4T
| $1.1B | 1.09% |
3,650,806
+359,736
| +11% | +$108M |
|
31
Merck
MRK
$214B
| $1.07B | 1.06% |
12,836,094
-2,941,192
| -19% | -$245M |
|
|
32
lululemon athletica
LULU
$24B
| $1.04B | 1.03% |
6,321,172
+3,732,291
| +144% | +$612M |
|
33
Home Depot
HD
$404B
| $966M | 0.96% |
5,033,659
-1,247,205
| -20% | -$239M |
|
|
34
UnitedHealth
UNH
$280B
| $933M | 0.93% |
3,772,670
-2,648,231
| -41% | -$655M |
|
35
S&P Global
SPGI
$165B
| $876M | 0.87% |
4,158,322
-56,555
| -1% | -$11.9M |
|
36
Corpay
CPAY
$22.4B
| $843M | 0.84% |
3,418,459
-625,324
| -15% | -$154M |
|
|
37
JPMorgan Chase
JPM
$824B
| $839M | 0.83% |
8,291,065
-5,532,863
| -40% | -$560M |
|
|
SPLK
38
DELISTED
Splunk Inc
SPLK
| $824M | 0.82% |
6,613,862
-107,848
| -2% | -$13.4M |
|
39
Marriott International Class A Common Stock
MAR
$71.8B
| $823M | 0.82% |
6,575,882
-2,892,415
| -31% | -$362M |
|
40
ServiceNow
NOW
$189B
| $748M | 0.74% |
3,036,568
+630,491
| +26% | +$155M |
|
|
RHT
41
DELISTED
Red Hat Inc
RHT
| $731M | 0.73% |
4,002,102
-412,096
| -9% | -$75.3M |
|
42
American Tower
AMT
$93.9B
| $729M | 0.72% |
3,697,620
+816,380
| +28% | +$161M |
|
43
Crown Castle
CCI
$42.7B
| $628M | 0.62% |
4,904,370
+332,614
| +7% | +$42.6M |
|
44
Chipotle Mexican Grill
CMG
$56B
| $613M | 0.61% |
862,319
+53,501
| +7% | +$38M |
|
45
Bristol-Myers Squibb
BMY
$96.5B
| $600M | 0.6% |
12,574,350
+1,433,857
| +13% | +$68.4M |
|
|
46
Danaher
DHR
$146B
| $490M | 0.49% |
+3,711,030
| New | +$490M |
|
47
Lowe's Companies
LOW
$145B
| $480M | 0.48% |
4,387,794
+3,374,970
| +333% | +$369M |
|
48
Eli Lilly
LLY
$659B
| $474M | 0.47% |
3,651,016
+225,592
| +7% | +$29.3M |
|
|
SAGE
49
DELISTED
Sage Therapeutics
SAGE
| $375M | 0.37% |
2,355,614
+1,509,950
| +179% | +$240M |
|
50
American Electric Power
AEP
$58.9B
| $362M | 0.36% |
4,317,635
-280,124
| -6% | -$23.5M |
|