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 | |
|---|---|---|---|---|---|---|
526
Diamondrock Hospitality Co
DRH
$2.6B
| $764K | ﹤0.01% |
+62,704
| New | +$682K |
|
527
H.B. Fuller
FUL
$3.03B
| $750K | ﹤0.01% |
+12,863
| New | +$791K |
|
528
Ocular Therapeutix
OCUL
$2.28B
| $745K | ﹤0.01% |
75,829
+3,318
| +5% | +$30.1K |
|
529
Carvana
CVNA
$53.3B
| $741K | ﹤0.01% |
11,250
-1,554,300
| -99% | -$110M |
|
530
Scorpio Tankers
STNG
$3.91B
| $738K | ﹤0.01% |
10,655
-4,895
| -31% | -$383K |
|
531
nLIGHT
LASR
$2.48B
| $737K | ﹤0.01% |
+10,588
| New | +$739K |
|
532
WisdomTree
WT
$3.7B
| $731K | ﹤0.01% |
+43,143
| New | +$764K |
|
533
Arm
ARM
$255B
| $725K | ﹤0.01% |
2,046
-186
| -8% | -$49.5K |
|
534
SSR Mining
SSRM
$7.6B
| $709K | ﹤0.01% |
25,069
+4,748
| +23% | +$145K |
|
535
ICF International
ICFI
$1.62B
| $676K | ﹤0.01% |
9,278
-2,756
| -23% | -$190K |
|
536
Upwork
UPWK
$1.13B
| $670K | ﹤0.01% |
80,145
+4,549
| +6% | +$43.1K |
|
537
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $656K | ﹤0.01% |
+7,156
| New | +$655K |
|
538
Nu Holdings
NU
$69.1B
| $653K | ﹤0.01% |
48,892
-35,801,200
| -100% | -$483M |
|
539
Amylyx Pharmaceuticals
AMLX
$3.87B
| $644K | ﹤0.01% |
+35,841
| New | +$554K |
|
540
Core Scientific
CORZ
$5.31B
| $589K | ﹤0.01% |
+23,036
| New | +$542K |
|
541
Hubbell
HUBB
$24.3B
| $574K | ﹤0.01% |
1,097
-721
| -40% | -$364K |
|
542
Apollo Global Management
APO
$79.7B
| $566K | ﹤0.01% |
4,782
-134
| -3% | -$16.9K |
|
543
Tronox
TROX
$862M
| $549K | ﹤0.01% |
87,151
+166
| +0.2% | +$1.41K |
|
544
First Solar
FSLR
$22B
| $549K | ﹤0.01% |
2,325
-97
| -4% | -$22.7K |
|
545
Darling Ingredients
DAR
$10.1B
| $544K | ﹤0.01% |
9,961
| – | – |
|
|
ECHO
546
EchoStar
ECHO
$25.2B
| $514K | ﹤0.01% |
5,067
-55
| -1% | -$6.72K |
|
547
Mid-America Apartment Communities
MAA
$15B
| $513K | ﹤0.01% |
3,691
-1,085
| -23% | -$142K |
|
548
Unilever
UL
$140B
| $510K | ﹤0.01% |
8,490
-751,673
| -99% | -$43.5M |
|
549
Applied Optoelectronics
AAOI
$9.02B
| $506K | ﹤0.01% |
3,417
-1,727
| -34% | -$281K |
|
|
NEE.PRT
550
NextEra Energy 7.234% Corporate Units
NEE.PRT
$1.43B
| $501K | ﹤0.01% |
10,076
| – | – |
|
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.