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 |
Merck
MRK
|
$921M |
| 2 |
Union Pacific
UNP
|
$581M |
| 3 |
Salesforce
CRM
|
$417M |
| 4 |
Edwards Lifesciences
EW
|
$409M |
| 5 |
ServiceNow
NOW
|
$316M |
Top Sells
| 1 |
Caterpillar
CAT
|
$664M |
| 2 |
RHT
Red Hat Inc
RHT
|
$632M |
| 3 |
Texas Instruments
TXN
|
$571M |
| 4 |
Bristol-Myers Squibb
BMY
|
$540M |
| 5 |
Parker-Hannifin
PH
|
$513M |
Sector Composition
| 1 | Technology | 21.1% |
| 2 | Healthcare | 17.5% |
| 3 | Consumer Discretionary | 17.06% |
| 4 | Financials | 12.7% |
| 5 | Communication Services | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Chipotle Mexican Grill
CMG
$56B
| $349M | 0.39% |
808,818
-21,451
| -3% | -$9.26M |
|
52
American Electric Power
AEP
$58.8B
| $344M | 0.38% |
4,597,759
+63,019
| +1% | +$4.71M |
|
53
Exelon
EXC
$43.8B
| $336M | 0.38% |
7,458,940
+97,962
| +1% | +$4.42M |
|
54
lululemon athletica
LULU
$23.8B
| $315M | 0.35% |
+2,588,881
| New | +$315M |
|
|
CXO
55
DELISTED
CONCHO RESOURCES INC.
CXO
| $300M | 0.34% |
2,916,135
-2,401,399
| -45% | -$247M |
|
56
Centene
CNC
$14.8B
| $248M | 0.28% |
2,153,095
+154,216
| +8% | +$17.8M |
|
57
Pfizer
PFE
$141B
| $246M | 0.28% |
5,638,781
+619,045
| +12% | +$27M |
|
58
Abbott
ABT
$230B
| $223M | 0.25% |
3,084,732
+41,860
| +1% | +$3.03M |
|
59
PNC Financial Services
PNC
$80.7B
| $215M | 0.24% |
1,843,147
-2,623,686
| -59% | -$307M |
|
60
NextEra Energy, Inc.
NEE
$148B
| $213M | 0.24% |
1,224,237
-4,814
| -0.4% | -$837K |
|
61
Mondelez International
MDLZ
$79.3B
| $211M | 0.24% |
5,264,794
-97,970
| -2% | -$3.92M |
|
62
Walmart
WMT
$793B
| $203M | 0.23% |
2,175,068
+147,182
| +7% | +$13.7M |
|
|
AGN
63
DELISTED
Allergan plc
AGN
| $200M | 0.22% |
1,494,681
-284,978
| -16% | -$38.1M |
|
64
Shopify
SHOP
$182B
| $182M | 0.2% |
1,312,177
+156,966
| +14% | +$21.7M |
|
65
Evergy
EVRG
$16.4B
| $181M | 0.2% |
3,181,944
-161,094
| -5% | -$9.15M |
|
66
Ameren
AEE
$27B
| $180M | 0.2% |
2,754,539
+356,027
| +15% | +$23.2M |
|
|
RDS.A
67
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $178M | 0.2% |
3,056,140
+73,800
| +2% | +$4.3M |
|
68
Bank of America
BAC
$371B
| $170M | 0.19% |
6,886,193
-882,164
| -11% | -$21.7M |
|
69
MetLife
MET
$53.6B
| $157M | 0.18% |
3,817,814
-46,456
| -1% | -$1.91M |
|
70
EOG Resources
EOG
$65.8B
| $151M | 0.17% |
1,733,715
-326,138
| -16% | -$28.4M |
|
71
Comcast
CMCSA
$125B
| $149M | 0.17% |
4,363,704
+1,317,553
| +43% | +$44.9M |
|
72
Cigna
CI
$80.2B
| $146M | 0.16% |
767,939
-5,314
| -0.7% | -$1.01M |
|
73
Cisco
CSCO
$268B
| $144M | 0.16% |
3,333,757
-53,174
| -2% | -$2.3M |
|
74
HDFC Bank
HDB
$181B
| $144M | 0.16% |
1,389,701
-254,584
| -15% | -$26.4M |
|
75
NRG Energy
NRG
$28.4B
| $141M | 0.16% |
3,562,224
-694,600
| -16% | -$27.5M |
|