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
| 1 |
JPMorgan Chase
JPM
|
$651M |
| 2 |
Charter Communications
CHTR
|
$643M |
| 3 |
Parker-Hannifin
PH
|
$606M |
| 4 |
Goldman Sachs
GS
|
$534M |
| 5 |
Monster Beverage
MNST
|
$385M |
Top Sells
| 1 |
Biogen
BIIB
|
$701M |
| 2 |
American Tower
AMT
|
$665M |
| 3 |
Nike
NKE
|
$595M |
| 4 |
AGN
Allergan plc
AGN
|
$569M |
| 5 |
McDonald's
MCD
|
$556M |
Sector Composition
| 1 | Technology | 18.72% |
| 2 | Consumer Discretionary | 17.48% |
| 3 | Healthcare | 13.38% |
| 4 | Communication Services | 12.13% |
| 5 | Financials | 11.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Constellation Brands
STZ
$26.7B
| $413M | 0.46% |
2,690,827
+350,211
| +15% | +$53.7M |
|
52
Illumina
ILMN
$15.8B
| $398M | 0.44% |
3,110,638
-421,055
| -12% | -$53.9M |
|
53
PG&E
PCG
$33.7B
| $338M | 0.38% |
5,557,689
-984,735
| -15% | -$59.8M |
|
|
NBL
54
DELISTED
Noble Energy, Inc.
NBL
| $301M | 0.34% |
7,917,038
-294,476
| -4% | -$11.2M |
|
55
Bank of America
BAC
$373B
| $281M | 0.31% |
12,709,906
+1,412,352
| +13% | +$31.2M |
|
56
Expedia Group
EXPE
$26.6B
| $275M | 0.31% |
2,430,122
+1,371,360
| +130% | +$155M |
|
|
WP
57
DELISTED
Worldpay, Inc.
WP
| $272M | 0.3% |
4,559,833
-68,685
| -1% | -$4.09M |
|
58
SLM Corp
SLM
$6.52B
| $270M | 0.3% |
24,502,282
-7,865,893
| -24% | -$86.7M |
|
59
GE Aerospace
GE
$292B
| $260M | 0.29% |
8,217,790
-1,712,311
| -17% | -$54.1M |
|
60
Pfizer
PFE
$142B
| $254M | 0.28% |
7,811,609
-761,428
| -9% | -$24.7M |
|
61
PNC Financial Services
PNC
$81.7B
| $250M | 0.28% |
2,137,717
+442,402
| +26% | +$51.7M |
|
62
Schlumberger
SLB
$53.6B
| $227M | 0.25% |
2,698,750
+255,331
| +10% | +$21.4M |
|
63
Mondelez International
MDLZ
$80B
| $221M | 0.25% |
4,988,628
-587,238
| -11% | -$26M |
|
64
Targa Resources
TRGP
$36.1B
| $216M | 0.24% |
3,853,969
+1,575,479
| +69% | +$88.3M |
|
65
Comcast
CMCSA
$126B
| $216M | 0.24% |
3,121,746
-63,826
| -2% | -$4.41M |
|
|
RDS.A
66
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $213M | 0.24% |
3,918,830
-424,523
| -10% | -$23.1M |
|
67
Dollar Tree
DLTR
$23.2B
| $212M | 0.24% |
2,752,062
-40,257
| -1% | -$3.11M |
|
68
SBA Communications
SBAC
$22B
| $212M | 0.24% |
2,050,834
-614,277
| -23% | -$63.4M |
|
69
FMC
FMC
$4.88B
| $211M | 0.24% |
3,735,372
-34,996
| -0.9% | -$1.98M |
|
70
Analog Devices
ADI
$124B
| $209M | 0.23% |
2,873,281
+620,160
| +28% | +$45M |
|
71
Starwood Property Trust
STWD
$7.38B
| $203M | 0.23% |
9,263,444
-248,518
| -3% | -$5.45M |
|
72
Chevron
CVX
$326B
| $194M | 0.22% |
1,650,752
+519,162
| +46% | +$61.1M |
|
|
APC
73
DELISTED
Anadarko Petroleum
APC
| $190M | 0.21% |
2,728,545
+321,309
| +13% | +$22.4M |
|
74
Cigna
CI
$80.3B
| $189M | 0.21% |
1,416,214
+9,858
| +0.7% | +$1.31M |
|
|
MFA
75
MFA Financial
MFA
$1.03B
| $189M | 0.21% |
24,731,380
+1,974,659
| +9% | +$15.1M |
|