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
|
$810M |
| 2 |
Intuitive Surgical
ISRG
|
$705M |
| 3 |
S&P Global
SPGI
|
$439M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$361M |
| 5 |
Bristol-Myers Squibb
BMY
|
$253M |
Top Sells
| 1 |
Broadcom
AVGO
|
$605M |
| 2 |
FedEx
FDX
|
$587M |
| 3 |
Monster Beverage
MNST
|
$395M |
| 4 |
McDonald's
MCD
|
$387M |
| 5 |
Booking.com
BKNG
|
$380M |
Sector Composition
| 1 | Technology | 22.3% |
| 2 | Consumer Discretionary | 16.25% |
| 3 | Healthcare | 15.51% |
| 4 | Financials | 12.99% |
| 5 | Communication Services | 11.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
American Electric Power
AEP
$58.7B
| $321M | 0.3% |
4,534,740
+226,044
| +5% | +$16M |
|
52
Exelon
EXC
$43.8B
| $321M | 0.3% |
7,360,978
+152,867
| +2% | +$6.67M |
|
53
Centene
CNC
$14.6B
| $289M | 0.27% |
1,998,879
-114,147
| -5% | -$16.5M |
|
54
Merck
MRK
$214B
| $265M | 0.24% |
3,728,880
+2,803,934
| +303% | +$199M |
|
55
EOG Resources
EOG
$68.4B
| $263M | 0.24% |
2,059,853
-52,740
| -2% | -$6.73M |
|
56
Edwards Lifesciences
EW
$48.5B
| $251M | 0.23% |
1,444,384
+598,735
| +71% | +$104M |
|
57
Crown Castle
CCI
$42.7B
| $242M | 0.22% |
2,171,335
+1,711,765
| +372% | +$191M |
|
58
Mondelez International
MDLZ
$78.9B
| $230M | 0.21% |
5,362,764
+390,505
| +8% | +$16.8M |
|
59
Eli Lilly
LLY
$656B
| $230M | 0.21% |
2,144,546
+242,577
| +13% | +$26M |
|
60
Bank of America
BAC
$373B
| $229M | 0.21% |
7,768,357
-893,662
| -10% | -$26.3M |
|
61
Cheniere Energy
LNG
$53.3B
| $226M | 0.21% |
3,252,467
+1,887,892
| +138% | +$131M |
|
|
WPX
62
DELISTED
WPX Energy, Inc.
WPX
| $224M | 0.21% |
11,138,098
-301,996
| -3% | -$6.08M |
|
|
NBL
63
DELISTED
Noble Energy, Inc.
NBL
| $224M | 0.21% |
7,167,256
-586,807
| -8% | -$18.3M |
|
64
Abbott
ABT
$229B
| $223M | 0.21% |
3,042,872
+276,355
| +10% | +$20.3M |
|
65
Pfizer
PFE
$142B
| $221M | 0.2% |
5,019,736
+703,514
| +16% | +$31M |
|
|
66
Monster Beverage
MNST
$61.3B
| $220M | 0.2% |
3,775,383
-6,774,686
| -64% | -$395M |
|
67
NextEra Energy, Inc.
NEE
$149B
| $206M | 0.19% |
1,229,051
-3,402
| -0.3% | -$570K |
|
|
RDS.A
68
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $203M | 0.19% |
2,982,340
-94,163
| -3% | -$6.42M |
|
69
Targa Resources
TRGP
$35.8B
| $202M | 0.19% |
3,591,035
+540,140
| +18% | +$30.4M |
|
70
Pinnacle Financial Partners
PNFP
$7.59B
| $201M | 0.18% |
3,338,485
-163,335
| -5% | -$9.82M |
|
71
Sarepta Therapeutics
SRPT
$1.9B
| $197M | 0.18% |
1,219,503
+5,604
| +0.5% | +$905K |
|
72
Walmart
WMT
$784B
| $190M | 0.18% |
2,027,886
-41,512
| -2% | -$3.9M |
|
73
Shopify
SHOP
$180B
| $190M | 0.17% |
1,155,211
+870,953
| +306% | +$143M |
|
74
Truist Financial
TFC
$59.8B
| $189M | 0.17% |
3,893,699
-507,398
| -12% | -$24.6M |
|
75
Williams Companies
WMB
$70B
| $187M | 0.17% |
6,864,215
+2,152,023
| +46% | +$58.5M |
|