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 |
Oracle
ORCL
|
+$2.24B |
| 2 |
Apple
AAPL
|
+$1.14B |
| 3 |
Tesla
TSLA
|
+$1.05B |
| 4 |
Shopify
SHOP
|
+$1B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$901M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vertex Pharmaceuticals
VRTX
|
+$1.13B |
| 2 |
Netflix
NFLX
|
+$1.1B |
| 3 |
NVO
Novo Nordisk
NVO
|
+$1.03B |
| 4 |
Eli Lilly
LLY
|
+$931M |
| 5 |
Trade Desk
TTD
|
+$899M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.77% |
| 2 | Communication Services | 17.54% |
| 3 | Consumer Discretionary | 14.14% |
| 4 | Healthcare | 7% |
| 5 | Financials | 6.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Bloom Energy
BE
$64.6B
| $885K | ﹤0.01% |
+10,470
| New | +$486K |
|
477
Magnite
MGNI
$3.55B
| $881K | ﹤0.01% |
+40,431
| New | +$955K |
|
478
Healthcare Services Group
HCSG
$1.53B
| $876K | ﹤0.01% |
52,077
+29,442
| +130% | +$438K |
|
479
Cushman & Wakefield Ltd
CWK
$3.25B
| $872K | ﹤0.01% |
+54,786
| New | +$772K |
|
480
Coeur Mining
CDE
$17.9B
| $872K | ﹤0.01% |
46,465
+7,437
| +19% | +$91K |
|
481
InvenTrust Properties
IVT
$2.59B
| $863K | ﹤0.01% |
+30,143
| New | +$854K |
|
482
A10 Networks
ATEN
$1.93B
| $861K | ﹤0.01% |
+47,445
| New | +$858K |
|
483
Leggett & Platt
LEG
$1.31B
| $855K | ﹤0.01% |
+96,256
| New | +$917K |
|
484
Kennametal
KMT
$2.52B
| $848K | ﹤0.01% |
+40,537
| New | +$910K |
|
485
LXP Industrial Trust
LXP
$3.57B
| $846K | ﹤0.01% |
+18,885
| New | +$811K |
|
486
Planet Labs
PL
$8.53B
| $834K | ﹤0.01% |
64,253
-68,409
| -52% | -$528K |
|
487
Fluor
FLR
$7.96B
| $819K | ﹤0.01% |
+19,463
| New | +$896K |
|
488
Marathon Digital Holdings
MARA
$3.85B
| $808K | ﹤0.01% |
+44,262
| New | +$746K |
|
489
Central Garden & Pet Co Class A
CENTA
$2.44B
| $793K | ﹤0.01% |
+26,865
| New | +$895K |
|
490
Allison Transmission
ALSN
$9.82B
| $793K | ﹤0.01% |
9,339
-857,024
| -99% | -$76.3M |
|
491
Analog Devices
ADI
$190B
| $786K | ﹤0.01% |
3,200
-612,072
| -99% | -$147M |
|
|
CPRX
492
DELISTED
Catalyst Pharmaceutical
CPRX
| $781K | ﹤0.01% |
+39,625
| New | +$815K |
|
493
Hims & Hers Health
HIMS
$7.31B
| $776K | ﹤0.01% |
+13,684
| New | +$701K |
|
494
Tecnoglass Holdings Inc.
TGLS
$1.96B
| $771K | ﹤0.01% |
+11,522
| New | +$850K |
|
495
Garrett Motion
GTX
$5.57B
| $765K | ﹤0.01% |
+56,144
| New | +$711K |
|
496
Asana
ASAN
$2.13B
| $754K | ﹤0.01% |
+56,410
| New | +$797K |
|
497
Riot Platforms
RIOT
$7.76B
| $752K | ﹤0.01% |
+39,520
| New | +$547K |
|
498
Fabrinet
FN
$20.1B
| $748K | ﹤0.01% |
2,052
-959
| -32% | -$316K |
|
499
Biohaven
BHVN
$2.21B
| $742K | ﹤0.01% |
+49,457
| New | +$720K |
|
500
Vanguard Total World Stock ETF
VT
$79.8B
| $739K | ﹤0.01% |
5,363
-1,843
| -26% | -$245K |
|
Similar funds
Jennison Associates's Q3 2025 Portfolio in Review
As of Q3 2025, Jennison Associates held 667 positions worth $172B, up 1.9% from $169B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Jennison Associates withdrew a net $8.14B in Q3 2025, closing 107 positions and reducing 253 holdings. Its most notable exit was Fair Isaac, an estimated $172M position sold in full.
By sector, the portfolio is most concentrated in Technology at 41% of assets, up from 36% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Advanced Micro Devices worth $627M.
- Jennison Associates's largest Q3 2025 buy was Advanced Micro Devices: 3,874,319 shares worth $627M.
- Jennison Associates added most to Oracle in Q3 2025, an estimated $2.24B increase.
- Jennison Associates's biggest Q3 2025 reduction was Vertex Pharmaceuticals, cutting an estimated $1.13B.
- Jennison Associates fully exited Fair Isaac in Q3 2025, selling an estimated $172M.
- Jennison Associates's ten largest holdings make up 47% of its $172B portfolio in Q3 2025.
- Jennison Associates opened 93 new positions and closed 107 in Q3 2025.
- Jennison Associates's portfolio value rose 1.9% quarter-over-quarter to $172B.
Based on Jennison Associates's 13F filing for Q3 2025, filed 30 Oct 2025.