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 | |
|---|---|---|---|---|---|---|
576
CareTrust REIT
CTRE
$9.22B
| – | – |
-48,012
| Closed | -$1.76M |
|
577
Dow Inc
DOW
$22B
| – | – |
-1,386,562
| Closed | -$57.8M |
|
578
Duke Energy
DUK
$93.8B
| – | – |
-254,901
| Closed | -$33.4M |
|
579
DexCom
DXCM
$34.3B
| – | – |
-1,048,097
| Closed | -$65.8M |
|
|
EFC
580
Ellington Financial
EFC
$1.75B
| – | – |
-121,036
| Closed | -$1.43M |
|
581
Estee Lauder
EL
$37.4B
| – | – |
-374,831
| Closed | -$26.9M |
|
582
Embecta
EMBC
$286M
| – | – |
-76,318
| Closed | -$675K |
|
583
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| – | – |
-11,151
| Closed | -$455K |
|
584
First Interstate BancSystem
FIBK
$3.53B
| – | – |
-586,654
| Closed | -$19.6M |
|
585
Futu Holdings
FUTU
$17.4B
| – | – |
-211,509
| Closed | -$28.9M |
|
586
GE HealthCare
GEHC
$32.4B
| – | – |
-695,019
| Closed | -$49.5M |
|
587
Gilead Sciences
GILD
$181B
| – | – |
-1,264,546
| Closed | -$176M |
|
|
GLDD
588
DELISTED
Great Lakes Dredge & Dock
GLDD
| – | – |
-1,029,264
| Closed | -$17.5M |
|
589
Haemonetics
HAE
$4.73B
| – | – |
-22,536
| Closed | -$1.27M |
|
590
Home Depot
HD
$329B
| – | – |
-11,741
| Closed | -$3.86M |
|
591
HEICO Corp
HEI
$47B
| – | – |
-67,149
| Closed | -$18.4M |
|
592
Hillman Solutions
HLMN
$1.51B
| – | – |
-125,756
| Closed | -$1.05M |
|
593
iShares MSCI India ETF
INDA
$6.61B
| – | – |
-41,822
| Closed | -$1.96M |
|
594
iShares Global 100 ETF
IOO
$9.36B
| – | – |
-7,208
| Closed | -$872K |
|
595
Knowles
KN
$2.92B
| – | – |
-43,110
| Closed | -$1.11M |
|
596
Kratos Defense & Security Solutions
KTOS
$9.76B
| – | – |
-9,476
| Closed | -$668K |
|
597
Liberty Energy
LBRT
$3.1B
| – | – |
-42,854
| Closed | -$1.23M |
|
598
Centrus Energy
LEU
$3.51B
| – | – |
-13,337
| Closed | -$2.32M |
|
599
LGI Homes
LGIH
$1.34B
| – | – |
-21,930
| Closed | -$867K |
|
600
Lindsay Corp
LNN
$1.16B
| – | – |
-183,680
| Closed | -$21.9M |
|
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.