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 | |
|---|---|---|---|---|---|---|
551
Morgan Stanley
MS
$337B
| $482K | ﹤0.01% |
+2,305
| New | +$456K |
|
552
Primoris Services
PRIM
$3.94B
| $457K | ﹤0.01% |
4,607
-3,541
| -43% | -$466K |
|
553
Planet Labs
PL
$7.12B
| $446K | ﹤0.01% |
13,461
-4,002
| -23% | -$148K |
|
554
Chewy
CHWY
$9.52B
| $422K | ﹤0.01% |
21,475
-765,310
| -97% | -$17.4M |
|
|
OKLO
555
Oklo
OKLO
$7.47B
| $409K | ﹤0.01% |
+7,813
| New | +$488K |
|
556
Vanguard Total World Stock ETF
VT
$81.2B
| $395K | ﹤0.01% |
2,517
-6,285
| -71% | -$959K |
|
557
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $395K | ﹤0.01% |
561
-1,313
| -70% | -$879K |
|
558
Plug Power
PLUG
$3.06B
| $392K | ﹤0.01% |
+144,820
| New | +$455K |
|
559
BCE
BCE
$21.9B
| $295K | ﹤0.01% |
13,723
+58
| +0.4% | +$1.39K |
|
560
iShares S&P 500 Growth ETF
IVW
$76.8B
| $271K | ﹤0.01% |
1,971
-371
| -16% | -$49K |
|
561
Marriott International
MAR
$91.5B
| $270K | ﹤0.01% |
729
-26
| -3% | -$9.59K |
|
562
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $260K | ﹤0.01% |
+2,355
| New | +$260K |
|
|
GTLS
563
DELISTED
Chart Industries
GTLS
| $260K | ﹤0.01% |
1,244
| – | – |
|
564
Marvell Technology
MRVL
$195B
| $233K | ﹤0.01% |
+781
| New | +$157K |
|
565
iShares MSCI EAFE ETF
EFA
$79.6B
| $218K | ﹤0.01% |
2,095
-2,660
| -56% | -$274K |
|
|
INFQ
566
Infleqtion Inc
INFQ
$2.88B
| $192K | ﹤0.01% |
+14,445
| New | +$199K |
|
567
Starwood Property Trust
STWD
$5.85B
| $178K | ﹤0.01% |
10,882
| – | – |
|
568
Abbott
ABT
$195B
| – | – |
-189,890
| Closed | -$19.5M |
|
569
Artisan Partners
APAM
$3.09B
| – | – |
-41,342
| Closed | -$1.5M |
|
570
Avalo Therapeutics
AVTX
$1.05B
| – | – |
-470,775
| Closed | -$7.03M |
|
571
Alibaba
BABA
$296B
| – | – |
-83,627
| Closed | -$10.5M |
|
572
Boston Scientific
BSX
$67.9B
| – | – |
-897,775
| Closed | -$56.3M |
|
573
Commercial Metals
CMC
$7.48B
| – | – |
-17,233
| Closed | -$1.06M |
|
574
CNO Financial Group
CNO
$5.12B
| – | – |
-30,469
| Closed | -$1.25M |
|
575
CNX Resources
CNX
$5.36B
| – | – |
-16,704
| Closed | -$644K |
|
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.