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 |
PayPal
PYPL
|
$650M |
| 2 |
Home Depot
HD
|
$617M |
| 3 |
Costco
COST
|
$570M |
| 4 |
Caterpillar
CAT
|
$524M |
| 5 |
AbbVie
ABBV
|
$506M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Booking.com
BKNG
|
$555M |
| 3 |
CELG
Celgene Corp
CELG
|
$537M |
| 4 |
Crown Castle
CCI
|
$509M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
$423M |
Sector Composition
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.65% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.57% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Bank of America
BAC
$376B
| $319M | 0.32% | 10,817,844 +722,888 | +7% | +$21.3M |
|
52
PNC Financial Services
PNC
$81.7B
| $304M | 0.3% | 2,107,272 +237,501 | +13% | +$34.3M |
|
53
Exelon
EXC
$44.1B
| $304M | 0.3% | 7,704,703 +1,242,889 | +19% | +$49M |
|
54
SBA Communications
SBAC
$22B
| $296M | 0.29% | 1,811,710 -119,469 | -6% | -$19.5M |
|
55
EOG Resources
EOG
$68.2B
| $266M | 0.26% | 2,467,797 +212,531 | +9% | +$22.9M |
|
|
RDS.A
56
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $264M | 0.26% | 3,963,890 -557,986 | -12% | -$37.2M |
|
57
Mercado Libre
MELI
$125B
| $262M | 0.26% | 831,137 +71,206 | +9% | +$22.4M |
|
|
NBL
58
DELISTED
Noble Energy, Inc.
NBL
| $244M | 0.24% | 8,365,528 +286,126 | +4% | +$8.34M |
|
59
SLM Corp
SLM
$6.52B
| $243M | 0.24% | 21,488,767 -38,295 | -0.2% | -$433K |
|
60
Citigroup
C
$178B
| $241M | 0.24% | 3,243,094 +226,141 | +7% | +$16.8M |
|
61
Cigna
CI
$80.3B
| $233M | 0.23% | 1,146,493 -141,453 | -11% | -$28.7M |
|
62
American Electric Power
AEP
$59.4B
| $230M | 0.23% | 3,125,059 +1,172,085 | +60% | +$86.2M |
|
63
Global Payments
GPN
$21.5B
| $227M | 0.22% | 2,259,771 -169,790 | -7% | -$17M |
|
64
MetLife
MET
$54.1B
| $218M | 0.22% | 4,321,402 +613,961 | +17% | +$31M |
|
65
Truist Financial
TFC
$60.4B
| $201M | 0.2% | 4,033,628 +416,849 | +12% | +$20.7M |
|
66
Walmart
WMT
$774B
| $198M | 0.2% | 2,002,681 +248,724 | +14% | +$24.6M |
|
67
Affiliated Managers Group
AMG
$6.39B
| $197M | 0.19% | 960,188 +12,778 | +1% | +$2.62M |
|
68
FMC
FMC
$4.88B
| $196M | 0.19% | 2,074,472 -130,647 | -6% | -$12.4M |
|
69
Dollar Tree
DLTR
$22.8B
| $194M | 0.19% | 1,808,930 -334,613 | -16% | -$35.9M |
|
70
Eli Lilly
LLY
$657B
| $192M | 0.19% | 2,277,687 +270,921 | +14% | +$22.9M |
|
71
Pfizer
PFE
$141B
| $192M | 0.19% | 5,299,631 -347,113 | -6% | -$12.6M |
|
72
NextEra Energy, Inc.
NEE
$148B
| $192M | 0.19% | 1,228,275 +10,660 | +0.9% | +$1.66M |
|
73
Morgan Stanley
MS
$240B
| $190M | 0.19% | 3,618,514 +656,494 | +22% | +$34.4M |
|
74
Pinnacle Financial Partners
PNFP
$7.54B
| $190M | 0.19% | 2,861,331 +974,772 | +52% | +$64.6M |
|
75
Mondelez International
MDLZ
$79.5B
| $187M | 0.18% | 4,365,793 +190,428 | +5% | +$8.15M |
|