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 |
AstraZeneca
AZN
|
$677M |
| 2 |
Tesla
TSLA
|
$374M |
| 3 |
Constellation Brands
STZ
|
$357M |
| 4 |
NVIDIA
NVDA
|
$292M |
| 5 |
Meta Platforms (Facebook)
META
|
$264M |
Top Sells
| 1 |
Netflix
NFLX
|
$892M |
| 2 |
Charter Communications
CHTR
|
$838M |
| 3 |
AbbVie
ABBV
|
$553M |
| 4 |
Bristol-Myers Squibb
BMY
|
$488M |
| 5 |
FedEx
FDX
|
$418M |
Sector Composition
| 1 | Technology | 21.08% |
| 2 | Consumer Discretionary | 17.73% |
| 3 | Financials | 13.26% |
| 4 | Healthcare | 11.95% |
| 5 | Communication Services | 11.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
American Electric Power
AEP
$58.7B
| $298M | 0.29% |
4,308,696
+872,838
| +25% | +$60.4M |
|
52
Halliburton
HAL
$18.6B
| $291M | 0.28% |
6,461,173
-1,568,927
| -20% | -$70.7M |
|
|
NBL
53
DELISTED
Noble Energy, Inc.
NBL
| $274M | 0.27% |
7,754,063
+160,549
| +2% | +$5.66M |
|
|
AGN
54
DELISTED
Allergan plc
AGN
| $273M | 0.27% |
1,640,464
-301,920
| -16% | -$50.3M |
|
55
EOG Resources
EOG
$66.5B
| $263M | 0.26% |
2,112,593
-34,075
| -2% | -$4.24M |
|
56
Centene
CNC
$14.6B
| $260M | 0.25% |
2,113,026
+681,847
| +48% | +$84M |
|
57
Bank of America
BAC
$372B
| $244M | 0.24% |
8,662,019
-2,215,777
| -20% | -$62.5M |
|
58
Truist Financial
TFC
$59.5B
| $222M | 0.22% |
4,401,097
-26,091
| -0.6% | -$1.32M |
|
|
APC
59
DELISTED
Anadarko Petroleum
APC
| $215M | 0.21% |
2,937,066
+377,398
| +15% | +$27.6M |
|
60
Pinnacle Financial Partners
PNFP
$7.52B
| $215M | 0.21% |
3,501,820
+233,210
| +7% | +$14.3M |
|
61
Schlumberger
SLB
$52.3B
| $214M | 0.21% |
3,192,968
+39,009
| +1% | +$2.61M |
|
62
SBA Communications
SBAC
$21.7B
| $214M | 0.21% |
1,295,092
-211,528
| -14% | -$34.9M |
|
|
RDS.A
63
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $213M | 0.21% |
3,076,503
+286,817
| +10% | +$19.9M |
|
|
WPX
64
DELISTED
WPX Energy, Inc.
WPX
| $206M | 0.2% |
11,440,094
+281,476
| +3% | +$5.08M |
|
65
NextEra Energy, Inc.
NEE
$148B
| $206M | 0.2% |
1,232,453
+4,351
| +0.4% | +$727K |
|
66
Mondelez International
MDLZ
$79.3B
| $204M | 0.2% |
4,972,259
+371,670
| +8% | +$15.2M |
|
67
SLM Corp
SLM
$6.46B
| $203M | 0.2% |
17,741,419
-2,460,288
| -12% | -$28.2M |
|
68
Global Payments
GPN
$20.8B
| $196M | 0.19% |
1,756,069
-299,095
| -15% | -$33.3M |
|
69
DuPont de Nemours
DD
$31.7B
| $186M | 0.18% |
2,827,814
+445,363
| +19% | +$29.4M |
|
70
East-West Bancorp
EWBC
$14.5B
| $183M | 0.18% |
2,802,713
+25,720
| +0.9% | +$1.68M |
|
71
American Tower
AMT
$93.3B
| $178M | 0.17% |
1,232,255
-22,318
| -2% | -$3.22M |
|
72
Walmart
WMT
$784B
| $177M | 0.17% |
2,069,398
-72,831
| -3% | -$6.24M |
|
73
Labcorp
LH
$22.6B
| $175M | 0.17% |
974,351
+67,926
| +7% | +$12.2M |
|
|
TFCFA
74
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $169M | 0.16% |
3,395,758
-741,756
| -18% | -$36.9M |
|
75
Abbott
ABT
$229B
| $169M | 0.16% |
2,766,517
+278,913
| +11% | +$17M |
|