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 |
Spotify
SPOT
|
$770M |
| 2 |
RingCentral
RNG
|
$662M |
| 3 |
CrowdStrike
CRWD
|
$637M |
| 4 |
Teladoc Health
TDOC
|
$614M |
| 5 |
PayPal
PYPL
|
$574M |
Top Sells
| 1 |
Alibaba
BABA
|
$1.08B |
| 2 |
Salesforce
CRM
|
$738M |
| 3 |
Tesla
TSLA
|
$488M |
| 4 |
Microsoft
MSFT
|
$453M |
| 5 |
Corpay
CPAY
|
$436M |
Sector Composition
| 1 | Technology | 32.49% |
| 2 | Consumer Discretionary | 20.28% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.66% |
| 5 | Financials | 10.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Costco
COST
$416B
| $1.17B | 1.06% |
3,864,311
-1,125,439
| -23% | -$341M |
|
27
S&P Global
SPGI
$165B
| $1.16B | 1.05% |
3,527,754
+504,741
| +17% | +$166M |
|
|
SPLK
28
DELISTED
Splunk Inc
SPLK
| $1.13B | 1.02% |
5,699,095
-869,595
| -13% | -$173M |
|
29
DexCom
DXCM
$29.1B
| $1.12B | 1.01% |
2,761,956
+68,369
| +3% | +$27.7M |
|
30
Twilio
TWLO
$16B
| $1.11B | 1.01% |
5,075,284
+803,780
| +19% | +$176M |
|
31
Goldman Sachs
GS
$221B
| $1.08B | 0.98% |
5,459,398
+1,897,007
| +53% | +$375M |
|
32
Estee Lauder
EL
$32.7B
| $1.08B | 0.97% |
5,699,278
-1,777,041
| -24% | -$335M |
|
33
Atlassian
TEAM
$45.3B
| $1.02B | 0.93% |
5,679,523
+3,127,251
| +123% | +$564M |
|
34
Trade Desk
TTD
$26.5B
| $1.02B | 0.92% |
2,513,029
+671,462
| +36% | +$273M |
|
35
Chipotle Mexican Grill
CMG
$56B
| $978M | 0.88% |
929,608
+200,827
| +28% | +$211M |
|
36
BioMarin Pharmaceuticals
BMRN
$11.3B
| $936M | 0.85% |
7,590,765
-623,698
| -8% | -$76.9M |
|
37
Mercado Libre
MELI
$121B
| $892M | 0.81% |
905,320
+352,405
| +64% | +$347M |
|
|
38
CrowdStrike
CRWD
$104B
| $872M | 0.79% |
8,695,485
+6,355,765
| +272% | +$637M |
|
39
ServiceNow
NOW
$189B
| $826M | 0.75% |
2,038,452
-378,652
| -16% | -$153M |
|
40
Union Pacific
UNP
$132B
| $802M | 0.73% |
4,745,321
+674,848
| +17% | +$114M |
|
41
Workday
WDAY
$61.1B
| $797M | 0.72% |
4,251,361
-2,272,378
| -35% | -$426M |
|
|
42
Spotify
SPOT
$142B
| $770M | 0.7% |
+2,981,887
| New | +$770M |
|
43
American Tower
AMT
$93.9B
| $752M | 0.68% |
2,906,814
-349,160
| -11% | -$90.3M |
|
44
Danaher
DHR
$146B
| $716M | 0.65% |
4,051,290
+2,713,462
| +203% | +$480M |
|
|
45
Teladoc Health
TDOC
$1.35B
| $701M | 0.63% |
3,673,947
+3,217,743
| +705% | +$614M |
|
46
Illumina
ILMN
$15.5B
| $635M | 0.57% |
1,713,601
-46,639
| -3% | -$17.3M |
|
47
Boeing
BA
$179B
| $548M | 0.5% |
2,992,266
-930,801
| -24% | -$171M |
|
48
Intuitive Surgical
ISRG
$168B
| $523M | 0.47% |
917,390
-23,835
| -3% | -$13.6M |
|
49
Alcon
ALC
$38.7B
| $390M | 0.35% |
6,794,735
+3,621,225
| +114% | +$208M |
|
50
Humana
HUM
$37.3B
| $386M | 0.35% |
995,766
-260,329
| -21% | -$101M |
|