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 |
Broadcom
AVGO
|
$831M |
| 2 |
Nike
NKE
|
$780M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$608M |
| 4 |
Texas Instruments
TXN
|
$512M |
| 5 |
AGN
Allergan plc
AGN
|
$389M |
Top Sells
| 1 |
Starbucks
SBUX
|
$1.1B |
| 2 |
Qualcomm
QCOM
|
$665M |
| 3 |
TJX Companies
TJX
|
$618M |
| 4 |
Regeneron Pharmaceuticals
REGN
|
$448M |
| 5 |
NVIDIA
NVDA
|
$441M |
Sector Composition
| 1 | Technology | 20.36% |
| 2 | Consumer Discretionary | 17.4% |
| 3 | Healthcare | 13.53% |
| 4 | Communication Services | 13.11% |
| 5 | Financials | 10.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
S&P Global
SPGI
$165B
| $357M | 0.38% |
2,734,126
-1,973,886
| -42% | -$258M |
|
52
PG&E
PCG
$33.7B
| $342M | 0.37% |
5,149,240
-408,449
| -7% | -$27.1M |
|
53
Palo Alto Networks
PANW
$127B
| $325M | 0.35% |
2,883,585
-2,457,484
| -46% | -$277M |
|
54
Constellation Brands
STZ
$26.7B
| $308M | 0.33% |
1,898,517
-792,310
| -29% | -$128M |
|
|
55
Regeneron Pharmaceuticals
REGN
$61.3B
| $295M | 0.32% |
760,316
-1,156,625
| -60% | -$448M |
|
|
NBL
56
DELISTED
Noble Energy, Inc.
NBL
| $277M | 0.3% |
8,059,455
+142,417
| +2% | +$4.89M |
|
57
SLM Corp
SLM
$6.46B
| $263M | 0.28% |
21,764,507
-2,737,775
| -11% | -$33.1M |
|
|
WP
58
DELISTED
Worldpay, Inc.
WP
| $259M | 0.28% |
4,036,152
-523,681
| -11% | -$33.6M |
|
|
RDS.A
59
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $254M | 0.27% |
4,818,721
+899,891
| +23% | +$47.5M |
|
60
FMC
FMC
$4.81B
| $254M | 0.27% |
3,648,681
-86,691
| -2% | -$6.03M |
|
61
Bank of America
BAC
$373B
| $253M | 0.27% |
10,741,240
-1,968,666
| -15% | -$46.4M |
|
62
Analog Devices
ADI
$122B
| $241M | 0.26% |
2,942,076
+68,795
| +2% | +$5.64M |
|
63
Global Payments
GPN
$21.1B
| $239M | 0.26% |
2,959,499
+324,884
| +12% | +$26.2M |
|
64
SBA Communications
SBAC
$21.7B
| $232M | 0.25% |
1,926,819
-124,015
| -6% | -$14.9M |
|
65
Exelon
EXC
$43.8B
| $231M | 0.25% |
6,422,194
+1,510,621
| +31% | +$54.4M |
|
66
PNC Financial Services
PNC
$80.9B
| $228M | 0.24% |
1,898,689
-239,028
| -11% | -$28.7M |
|
67
Comcast
CMCSA
$126B
| $227M | 0.24% |
6,042,828
+2,921,082
| +94% | +$110M |
|
68
Pfizer
PFE
$142B
| $213M | 0.23% |
6,224,093
-1,587,516
| -20% | -$54.3M |
|
69
Cigna
CI
$80.3B
| $208M | 0.22% |
1,419,406
+3,192
| +0.2% | +$468K |
|
70
Dollar Tree
DLTR
$23.2B
| $203M | 0.22% |
2,589,240
-162,822
| -6% | -$12.8M |
|
71
Targa Resources
TRGP
$35.9B
| $201M | 0.22% |
3,349,623
-504,346
| -13% | -$30.2M |
|
72
Vail Resorts
MTN
$6.01B
| $197M | 0.21% |
1,027,485
-69,487
| -6% | -$13.3M |
|
|
UNVR
73
DELISTED
Univar Solutions Inc.
UNVR
| $192M | 0.21% |
6,251,836
-167,905
| -3% | -$5.15M |
|
74
Starwood Property Trust
STWD
$7.38B
| $184M | 0.2% |
8,157,225
-1,106,219
| -12% | -$25M |
|
75
Union Pacific
UNP
$132B
| $183M | 0.2% |
1,727,792
+126,972
| +8% | +$13.4M |
|