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 |
Nike
NKE
|
$631M |
| 2 |
PNC Financial Services
PNC
|
$614M |
| 3 |
XYZ
Block, Inc.
XYZ
|
$328M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$275M |
| 5 |
FedEx
FDX
|
$236M |
Top Sells
| 1 |
Apple
AAPL
|
$1.16B |
| 2 |
Meta Platforms (Facebook)
META
|
$595M |
| 3 |
AbbVie
ABBV
|
$489M |
| 4 |
Crown Castle
CCI
|
$326M |
| 5 |
McDonald's
MCD
|
$325M |
Sector Composition
| 1 | Technology | 20.85% |
| 2 | Consumer Discretionary | 16.57% |
| 3 | Financials | 13.84% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
51
DELISTED
Allergan plc
AGN
| $327M | 0.33% | 1,942,384 -156,888 | -7% | -$26.4M |
|
52
Bank of America
BAC
$376B
| $326M | 0.32% | 10,877,796 +59,952 | +0.6% | +$1.8M |
|
53
Mercado Libre
MELI
$125B
| $296M | 0.29% | 829,386 -1,751 | -0.2% | -$624K |
|
54
Exelon
EXC
$44.1B
| $279M | 0.28% | 7,155,893 -548,810 | -7% | -$21.4M |
|
55
SBA Communications
SBAC
$22B
| $258M | 0.26% | 1,506,620 -305,090 | -17% | -$52.1M |
|
56
American Electric Power
AEP
$59.4B
| $236M | 0.23% | 3,435,858 +310,799 | +10% | +$21.3M |
|
57
Truist Financial
TFC
$60.4B
| $230M | 0.23% | 4,427,188 +393,560 | +10% | +$20.5M |
|
|
NBL
58
DELISTED
Noble Energy, Inc.
NBL
| $230M | 0.23% | 7,593,514 -772,014 | -9% | -$23.4M |
|
59
Global Payments
GPN
$21.5B
| $229M | 0.23% | 2,055,164 -204,607 | -9% | -$22.8M |
|
60
SLM Corp
SLM
$6.52B
| $226M | 0.23% | 20,201,707 -1,287,060 | -6% | -$14.4M |
|
61
EOG Resources
EOG
$68.2B
| $226M | 0.22% | 2,146,668 -321,129 | -13% | -$33.8M |
|
62
Tapestry
TPR
$21.2B
| $211M | 0.21% | 4,005,100 -107,194 | -3% | -$5.64M |
|
63
Pinnacle Financial Partners
PNFP
$7.54B
| $210M | 0.21% | 3,268,610 +407,279 | +14% | +$26.1M |
|
64
Schlumberger
SLB
$55B
| $204M | 0.2% | 3,153,959 +2,254,371 | +251% | +$146M |
|
65
NextEra Energy, Inc.
NEE
$148B
| $201M | 0.2% | 1,228,102 -173 | -0% | -$28.3K |
|
66
Citigroup
C
$178B
| $196M | 0.19% | 2,904,017 -339,077 | -10% | -$22.9M |
|
67
Morgan Stanley
MS
$240B
| $194M | 0.19% | 3,587,079 -31,435 | -0.9% | -$1.7M |
|
68
Mondelez International
MDLZ
$79.5B
| $192M | 0.19% | 4,600,589 +234,796 | +5% | +$9.8M |
|
69
Walmart
WMT
$774B
| $191M | 0.19% | 2,142,229 +139,548 | +7% | +$12.4M |
|
70
MetLife
MET
$54.1B
| $189M | 0.19% | 4,107,780 -213,622 | -5% | -$9.8M |
|
71
American Tower
AMT
$95.5B
| $182M | 0.18% | 1,254,573 +58,955 | +5% | +$8.57M |
|
72
DXC Technology
DXC
$2.59B
| $182M | 0.18% | 1,806,529 -153,726 | -8% | -$15.5M |
|
73
Pfizer
PFE
$141B
| $178M | 0.18% | 5,028,141 -271,490 | -5% | -$9.64M |
|
|
RDS.A
74
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $178M | 0.18% | 2,789,686 -1,174,204 | -30% | -$74.9M |
|
|
SUM
75
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $177M | 0.18% | 5,859,176 +48,450 | +0.8% | +$1.47M |
|