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
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPCX
SpaceX
SPCX
|
+$1.27B |
| 2 |
SNDK
Sandisk
SNDK
|
+$674M |
| 3 |
Credo Technology Group
CRDO
|
+$476M |
| 4 |
NBIS
Nebius Group N.V.
NBIS
|
+$452M |
| 5 |
Vertiv
VRT
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.98B |
| 2 |
Amazon
AMZN
|
+$1.25B |
| 3 |
Shopify
SHOP
|
+$1.08B |
| 4 |
Edwards Lifesciences
EW
|
+$1.07B |
| 5 |
Microsoft
MSFT
|
+$630M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.11% |
| 2 | Communication Services | 13.94% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Industrials | 9.08% |
| 5 | Healthcare | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Installed Building Products
IBP
$6.53B
| $1.42M | ﹤0.01% |
6,161
+3,125
| +103% | +$759K |
|
477
Hasbro
HAS
$13.3B
| $1.4M | ﹤0.01% |
16,950
| – | – |
|
478
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $1.39M | ﹤0.01% |
19,527
-25,597
| -57% | -$1.78M |
|
479
Kaiser Aluminum
KALU
$2.56B
| $1.38M | ﹤0.01% |
7,058
+787
| +13% | +$134K |
|
480
Constellium
CSTM
$3.66B
| $1.37M | ﹤0.01% |
42,879
+13,615
| +47% | +$440K |
|
481
Pediatrix Medical
MD
$2.16B
| $1.34M | ﹤0.01% |
52,822
-8,024
| -13% | -$183K |
|
482
TriNet
TNET
$3.23B
| $1.34M | ﹤0.01% |
27,030
+738
| +3% | +$31.6K |
|
483
Teladoc Health
TDOC
$1.18B
| $1.33M | ﹤0.01% |
157,287
-1,545
| -1% | -$10.3K |
|
484
Vanguard Morningstar Growth ETF
VUG
$228B
| $1.32M | ﹤0.01% |
15,296
-51,118
| -77% | -$4.3M |
|
485
Academy Sports + Outdoors
ASO
$2.7B
| $1.23M | ﹤0.01% |
+26,156
| New | +$1.39M |
|
486
Innoviva
INVA
$1.51B
| $1.22M | ﹤0.01% |
53,651
-16,116
| -23% | -$369K |
|
487
Nabors Industries
NBR
$1.39B
| $1.19M | ﹤0.01% |
14,148
-2,675
| -16% | -$249K |
|
488
Eaton
ETN
$156B
| $1.16M | ﹤0.01% |
2,725
| – | – |
|
489
BrightSpring Health Services
BTSG
$11.7B
| $1.16M | ﹤0.01% |
16,637
-2,717
| -14% | -$151K |
|
490
Outfront Media
OUT
$5.21B
| $1.15M | ﹤0.01% |
34,972
-8,034
| -19% | -$249K |
|
491
Willis Lease Finance
WLFC
$1.13B
| $1.12M | ﹤0.01% |
14,721
-396
| -3% | -$25.9K |
|
492
Vicor
VICR
$8.66B
| $1.12M | ﹤0.01% |
+2,940
| New | +$803K |
|
493
SITE Centers
SITC
$157M
| $1.09M | ﹤0.01% |
274,051
-12,929
| -5% | -$67.4K |
|
494
Mueller Water Products
MWA
$3.81B
| $1.09M | ﹤0.01% |
42,096
+16,003
| +61% | +$428K |
|
|
HAPN
495
Happen Inc
HAPN
$2.06B
| $1.07M | ﹤0.01% |
51,663
+5,020
| +11% | +$85.5K |
|
|
MFA
496
MFA Financial
MFA
$893M
| $1.05M | ﹤0.01% |
108,013
+33,084
| +44% | +$321K |
|
497
Collegium Pharmaceutical
COLL
$786M
| $1.04M | ﹤0.01% |
28,636
+8,200
| +40% | +$280K |
|
|
DX
498
Dynex Capital
DX
$3.2B
| $1.04M | ﹤0.01% |
79,006
+10,113
| +15% | +$133K |
|
|
TRTX
499
TPG RE Finance Trust
TRTX
$593M
| $1.03M | ﹤0.01% |
123,535
-46,767
| -27% | -$390K |
|
|
LTC
500
LTC Properties
LTC
$2.19B
| $1.03M | ﹤0.01% |
+26,832
| New | +$1.02M |
|
Similar funds
Jennison Associates's Q2 2026 Portfolio in Review
As of Q2 2026, Jennison Associates held 641 positions worth $167B, up 15% from $145B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Jennison Associates withdrew a net $6.22B in Q2 2026, closing 74 positions and reducing 282 holdings. Its most notable exit was Gilead Sciences, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, up from 39% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in SpaceX worth $1.27B.
- Jennison Associates's largest Q2 2026 buy was SpaceX: 7,448,891 shares worth $1.27B.
- Jennison Associates added most to Credo Technology Group in Q2 2026, an estimated $476M increase.
- Jennison Associates's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $1.98B.
- Jennison Associates fully exited Gilead Sciences in Q2 2026, selling an estimated $176M.
- Jennison Associates's ten largest holdings make up 45% of its $167B portfolio in Q2 2026.
- Jennison Associates opened 79 new positions and closed 74 in Q2 2026.
- Jennison Associates's portfolio value rose 15% quarter-over-quarter to $167B.
Based on Jennison Associates's 13F filing for Q2 2026, filed 3 Aug 2026.