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 | |
|---|---|---|---|---|---|---|
501
Selective Insurance
SIGI
$5.76B
| $912K | ﹤0.01% |
+12,092
| New | +$990K |
|
502
Hubbell
HUBB
$27.1B
| $892K | ﹤0.01% |
1,818
+721
| +66% | +$354K |
|
|
DX
503
Dynex Capital
DX
$3.19B
| $879K | ﹤0.01% |
68,893
-1,589
| -2% | -$21.9K |
|
504
iShares Global 100 ETF
IOO
$9.18B
| $872K | ﹤0.01% |
7,208
-779
| -10% | -$98.3K |
|
505
Garrett Motion
GTX
$5.86B
| $872K | ﹤0.01% |
47,968
+4,069
| +9% | +$75.9K |
|
506
LGI Homes
LGIH
$1.43B
| $867K | ﹤0.01% |
21,930
-7,027
| -24% | -$342K |
|
507
Teladoc Health
TDOC
$1.26B
| $866K | ﹤0.01% |
158,832
+58,472
| +58% | +$328K |
|
508
Willis Lease Finance
WLFC
$1.56B
| $858K | ﹤0.01% |
15,117
-342
| -2% | -$20.6K |
|
509
Tronox
TROX
$933M
| $850K | ﹤0.01% |
+86,985
| New | +$603K |
|
510
Murphy Oil
MUR
$5.17B
| $847K | ﹤0.01% |
+20,539
| New | +$696K |
|
511
The Ensign Group
ENSG
$10.4B
| $837K | ﹤0.01% |
4,154
-394
| -9% | -$77.1K |
|
512
Upwork
UPWK
$1.18B
| $829K | ﹤0.01% |
+75,596
| New | +$1.19M |
|
513
BrightSpring Health Services
BTSG
$12.5B
| $825K | ﹤0.01% |
+19,354
| New | +$780K |
|
514
Sterling Infrastructure
STRL
$16.4B
| $807K | ﹤0.01% |
1,981
+38
| +2% | +$14.9K |
|
515
Installed Building Products
IBP
$6.51B
| $805K | ﹤0.01% |
3,036
-69
| -2% | -$20.7K |
|
516
Hershey
HSY
$36.1B
| $800K | ﹤0.01% |
3,846
+1,799
| +88% | +$379K |
|
517
ICF International
ICFI
$1.54B
| $786K | ﹤0.01% |
+12,034
| New | +$978K |
|
518
Asana
ASAN
$2.05B
| $783K | ﹤0.01% |
+122,356
| New | +$1.08M |
|
519
Kaiser Aluminum
KALU
$2.91B
| $756K | ﹤0.01% |
+6,271
| New | +$794K |
|
|
DFTX
520
Definium Therapeutics
DFTX
$5.89B
| $755K | ﹤0.01% |
39,957
-13,828
| -26% | -$235K |
|
521
Valaris
VAL
$5.33B
| $742K | ﹤0.01% |
7,568
-10,451
| -58% | -$814K |
|
522
Constellium
CSTM
$4.02B
| $719K | ﹤0.01% |
+29,264
| New | +$696K |
|
|
MFA
523
MFA Financial
MFA
$920M
| $718K | ﹤0.01% |
74,929
+2,074
| +3% | +$20.4K |
|
524
Mueller Water Products
MWA
$4.13B
| $717K | ﹤0.01% |
+26,093
| New | +$723K |
|
525
Urban Outfitters
URBN
$6.67B
| $701K | ﹤0.01% |
11,068
-249
| -2% | -$17.1K |
|
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.