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 |
Palantir
PLTR
|
+$1.65B |
| 2 |
GE Aerospace
GE
|
+$949M |
| 3 |
Lam Research
LRCX
|
+$564M |
| 4 |
KLA
KLAC
|
+$562M |
| 5 |
Cloudflare
NET
|
+$483M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.33B |
| 2 |
ServiceNow
NOW
|
+$984M |
| 3 |
Snowflake
SNOW
|
+$822M |
| 4 |
NVIDIA
NVDA
|
+$747M |
| 5 |
CrowdStrike
CRWD
|
+$712M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.45% |
| 2 | Communication Services | 14.46% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Healthcare | 9.16% |
| 5 | Industrials | 7.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
10x Genomics
TXG
$6.61B
| $1.25M | ﹤0.01% |
59,089
-7,880
| -12% | -$158K |
|
477
CNO Financial Group
CNO
$5.11B
| $1.25M | ﹤0.01% |
30,469
-25,033
| -45% | -$1.05M |
|
478
GCM Grosvenor
GCMG
$820M
| $1.25M | ﹤0.01% |
127,482
+42,323
| +50% | +$469K |
|
479
Northwest Natural Holdings
NWN
$2.12B
| $1.24M | ﹤0.01% |
+23,207
| New | +$1.15M |
|
480
Liberty Energy
LBRT
$3.25B
| $1.23M | ﹤0.01% |
42,854
-8,321
| -16% | -$212K |
|
481
Hecla Mining
HL
$11.3B
| $1.22M | ﹤0.01% |
65,426
-18,398
| -22% | -$414K |
|
482
Vanguard Total World Stock ETF
VT
$79.8B
| $1.22M | ﹤0.01% |
8,802
-39,479
| -82% | -$5.68M |
|
483
Stride
LRN
$3.43B
| $1.21M | ﹤0.01% |
13,761
-1,455
| -10% | -$118K |
|
484
Photronics
PLAB
$1.93B
| $1.21M | ﹤0.01% |
29,856
+1,296
| +5% | +$46.9K |
|
|
ORC
485
Orchid Island Capital
ORC
$1.31B
| $1.19M | ﹤0.01% |
+168,789
| New | +$1.27M |
|
486
Primoris Services
PRIM
$4.45B
| $1.17M | ﹤0.01% |
8,148
+1,135
| +16% | +$166K |
|
487
Scorpio Tankers
STNG
$3.81B
| $1.16M | ﹤0.01% |
+15,550
| New | +$1.04M |
|
488
Waste Management
WM
$91B
| $1.16M | ﹤0.01% |
+5,042
| New | +$1.16M |
|
489
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $1.16M | ﹤0.01% |
1,874
-1,654
| -47% | -$1.05M |
|
490
Outfront Media
OUT
$5.49B
| $1.14M | ﹤0.01% |
43,006
+13,337
| +45% | +$348K |
|
491
Knowles
KN
$3.34B
| $1.11M | ﹤0.01% |
43,110
-8,991
| -17% | -$228K |
|
492
Coeur Mining
CDE
$17.9B
| $1.09M | ﹤0.01% |
58,050
-25,105
| -30% | -$546K |
|
493
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $1.08M | ﹤0.01% |
+20,650
| New | +$1.06M |
|
|
FBRT
494
Franklin BSP Realty Trust
FBRT
$657M
| $1.07M | ﹤0.01% |
126,193
+25,262
| +25% | +$240K |
|
495
Commercial Metals
CMC
$8.31B
| $1.06M | ﹤0.01% |
+17,233
| New | +$1.24M |
|
496
AZZ Inc
AZZ
$4.54B
| $1.05M | ﹤0.01% |
8,369
-190
| -2% | -$24K |
|
497
Hillman Solutions
HLMN
$1.79B
| $1.05M | ﹤0.01% |
125,756
+16,062
| +15% | +$145K |
|
498
SPX Corp
SPXC
$10.8B
| $981K | ﹤0.01% |
4,906
+1,314
| +37% | +$282K |
|
499
Eaton
ETN
$174B
| $975K | ﹤0.01% |
2,725
-176
| -6% | -$62.6K |
|
500
TriNet
TNET
$3.14B
| $958K | ﹤0.01% |
+26,292
| New | +$1.26M |
|
Similar funds
Jennison Associates's Q1 2026 Portfolio in Review
As of Q1 2026, Jennison Associates held 653 positions worth $145B, down 13% from $167B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Jennison Associates withdrew a net $7.46B in Q1 2026, closing 91 positions and reducing 274 holdings. Its most notable exit was Sea Limited, an estimated $207M position sold in full.
By sector, the portfolio is most concentrated in Technology at 39% of assets, down from 42% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Palantir worth $1.57B.
- Jennison Associates's largest Q1 2026 buy was Palantir: 10,760,942 shares worth $1.57B.
- Jennison Associates added most to GE Aerospace in Q1 2026, an estimated $949M increase.
- Jennison Associates's biggest Q1 2026 reduction was Microsoft, cutting an estimated $1.33B.
- Jennison Associates fully exited Sea Limited in Q1 2026, selling an estimated $207M.
- Jennison Associates's ten largest holdings make up 46% of its $145B portfolio in Q1 2026.
- Jennison Associates opened 79 new positions and closed 91 in Q1 2026.
- Jennison Associates's portfolio value fell 13% quarter-over-quarter to $145B.
Based on Jennison Associates's 13F filing for Q1 2026, filed 6 May 2026.