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 |
Qualcomm
QCOM
|
$1.06B |
| 2 |
Walt Disney
DIS
|
$962M |
| 3 |
lululemon athletica
LULU
|
$451M |
| 4 |
ServiceNow
NOW
|
$399M |
| 5 |
SAP
SAP
|
$349M |
Top Sells
| 1 |
Merck
MRK
|
$923M |
| 2 |
RHT
Red Hat Inc
RHT
|
$668M |
| 3 |
UnitedHealth
UNH
|
$610M |
| 4 |
Bristol-Myers Squibb
BMY
|
$529M |
| 5 |
AstraZeneca
AZN
|
$395M |
Sector Composition
| 1 | Technology | 24.86% |
| 2 | Consumer Discretionary | 16.28% |
| 3 | Healthcare | 15.33% |
| 4 | Financials | 12.46% |
| 5 | Communication Services | 12.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vertex Pharmaceuticals
VRTX
$100B
| $1.16B | 1.15% | 6,344,459 -455,977 | -7% | -$83.6M |
|
|
27
Qualcomm
QCOM
$173B
| $1.16B | 1.15% | 15,287,530 +13,893,238 | +996% | +$1.06B |
|
28
Edwards Lifesciences
EW
$47.8B
| $1.12B | 1.11% | 6,039,006 +275,182 | +5% | +$50.8M |
|
29
Corpay
CPAY
$23B
| $1.08B | 1.07% | 3,847,154 +428,695 | +13% | +$120M |
|
|
XYZ
30
Block, Inc.
XYZ
$48.5B
| $1.04B | 1.03% | 14,368,295 -768,067 | -5% | -$55.7M |
|
31
Union Pacific
UNP
$133B
| $1.04B | 1.03% | 6,129,268 -767,838 | -11% | -$130M |
|
|
32
Walt Disney
DIS
$213B
| $1B | 0.99% | 7,164,008 +6,887,494 | +2,491% | +$962M |
|
33
Home Depot
HD
$405B
| $980M | 0.97% | 4,712,024 -321,635 | -6% | -$66.9M |
|
34
Tesla
TSLA
$1.08T
| $964M | 0.96% | 4,314,747 -818,222 | -16% | -$183M |
|
35
Broadcom
AVGO
$1.4T
| $890M | 0.88% | 3,091,919 -558,887 | -15% | -$161M |
|
36
S&P Global
SPGI
$167B
| $874M | 0.87% | 3,835,578 -322,744 | -8% | -$73.5M |
|
37
JPMorgan Chase
JPM
$829B
| $841M | 0.83% | 7,525,441 -765,624 | -9% | -$85.6M |
|
38
Marriott International Class A Common Stock
MAR
$72.7B
| $838M | 0.83% | 5,974,713 -601,169 | -9% | -$84.3M |
|
39
BioMarin Pharmaceuticals
BMRN
$11.2B
| $809M | 0.8% | 9,447,815 -2,964,778 | -24% | -$254M |
|
|
SPLK
40
DELISTED
Splunk Inc
SPLK
| $808M | 0.8% | 6,428,412 -185,450 | -3% | -$23.3M |
|
41
Danaher
DHR
$147B
| $734M | 0.73% | 5,135,358 +1,424,328 | +38% | +$204M |
|
42
Chipotle Mexican Grill
CMG
$56.5B
| $680M | 0.67% | 927,804 +65,485 | +8% | +$48M |
|
43
American Tower
AMT
$95.5B
| $544M | 0.54% | 2,660,773 -1,036,847 | -28% | -$212M |
|
|
SAGE
44
DELISTED
Sage Therapeutics
SAGE
| $541M | 0.54% | 2,953,913 +598,299 | +25% | +$110M |
|
45
Constellation Brands
STZ
$28.5B
| $537M | 0.53% | 2,727,160 +1,490,064 | +120% | +$293M |
|
46
Twilio
TWLO
$16.2B
| $475M | 0.47% | 3,482,690 +2,526,830 | +264% | +$345M |
|
|
47
SAP
SAP
$317B
| $416M | 0.41% | 3,041,540 +2,554,263 | +524% | +$349M |
|
48
Crown Castle
CCI
$43.2B
| $392M | 0.39% | 3,009,919 -1,894,451 | -39% | -$247M |
|
49
Exact Sciences
EXAS
$8.98B
| $390M | 0.39% | 3,303,930 +2,261,394 | +217% | +$267M |
|
50
American Electric Power
AEP
$59.4B
| $351M | 0.35% | 3,983,964 -333,671 | -8% | -$29.4M |
|