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 | |
|---|---|---|---|---|---|---|
576
Blackstone
BX
$109B
| – | – |
-261,761
| Closed | -$40.3M |
|
577
Kanzhun
BZ
$7.23B
| – | – |
-1,891,265
| Closed | -$38.5M |
|
578
Beazer Homes USA
BZH
$931M
| – | – |
-51,268
| Closed | -$1.04M |
|
579
Cheesecake Factory
CAKE
$5.23B
| – | – |
-22,178
| Closed | -$1.12M |
|
580
Crown Castle
CCI
$32.3B
| – | – |
-19,732
| Closed | -$1.75M |
|
581
Celestica
CLS
$41.7B
| – | – |
-3,271
| Closed | -$967K |
|
582
Coherent
COHR
$64.2B
| – | – |
-103,661
| Closed | -$19.1M |
|
583
Core Scientific
CORZ
$7B
| – | – |
-966,709
| Closed | -$14.1M |
|
584
Coupang
CPNG
$28.7B
| – | – |
-654,362
| Closed | -$15.4M |
|
585
California Resources
CRC
$4.56B
| – | – |
-31,154
| Closed | -$1.39M |
|
586
CoStar Group
CSGP
$12.2B
| – | – |
-164,960
| Closed | -$11.1M |
|
587
Curtiss-Wright
CW
$27.6B
| – | – |
-2,528
| Closed | -$1.39M |
|
|
CWAN
588
DELISTED
Clearwater Analytics
CWAN
| – | – |
-1,501,384
| Closed | -$36.2M |
|
|
CYBR
589
DELISTED
CyberArk
CYBR
| – | – |
-429,883
| Closed | -$192M |
|
590
DigitalOcean
DOCN
$14.6B
| – | – |
-20,037
| Closed | -$964K |
|
591
Enova International
ENVA
$6.55B
| – | – |
-7,251
| Closed | -$1.14M |
|
592
ESCO Technologies
ESE
$8.49B
| – | – |
-7,370
| Closed | -$1.44M |
|
593
Essent Group
ESNT
$6.13B
| – | – |
-148,655
| Closed | -$9.66M |
|
594
Ethan Allen Interiors
ETD
$614M
| – | – |
-37,955
| Closed | -$867K |
|
595
Fluor
FLR
$7.04B
| – | – |
-25,071
| Closed | -$994K |
|
596
Shift4
FOUR
$4.23B
| – | – |
-925,232
| Closed | -$58.3M |
|
597
Liberty Media Series C
FWONK
$24.1B
| – | – |
-9,631
| Closed | -$949K |
|
|
GDEN
598
DELISTED
Golden Entertainment
GDEN
| – | – |
-322,886
| Closed | -$8.78M |
|
599
Genius Sports
GENI
$2.23B
| – | – |
-28,826
| Closed | -$318K |
|
600
GFL Environmental
GFL
$14.9B
| – | – |
-243,220
| Closed | -$10.4M |
|
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.