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 |
lululemon athletica
LULU
|
$612M |
| 2 |
Danaher
DHR
|
$490M |
| 3 |
PayPal
PYPL
|
$468M |
| 4 |
Intuitive Surgical
ISRG
|
$416M |
| 5 |
XYZ
Block, Inc.
XYZ
|
$410M |
Top Sells
| 1 |
McDonald's
MCD
|
$737M |
| 2 |
Goldman Sachs
GS
|
$721M |
| 3 |
UnitedHealth
UNH
|
$655M |
| 4 |
JPMorgan Chase
JPM
|
$560M |
| 5 |
Booking.com
BKNG
|
$559M |
Sector Composition
| 1 | Technology | 22% |
| 2 | Healthcare | 17.09% |
| 3 | Consumer Discretionary | 16.54% |
| 4 | Financials | 12.14% |
| 5 | Communication Services | 12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Exelon
EXC
$43.8B
| $349M | 0.35% |
6,958,617
-500,323
| -7% | -$25.1M |
|
52
Shopify
SHOP
$181B
| $290M | 0.29% |
1,403,846
+91,669
| +7% | +$18.9M |
|
53
Mondelez International
MDLZ
$80B
| $264M | 0.26% |
5,294,062
+29,268
| +0.6% | +$1.46M |
|
54
Abbott
ABT
$229B
| $264M | 0.26% |
3,302,258
+217,526
| +7% | +$17.4M |
|
55
Williams Companies
WMB
$70.1B
| $241M | 0.24% |
8,396,454
+2,499,075
| +42% | +$71.8M |
|
56
NextEra Energy, Inc.
NEE
$150B
| $237M | 0.24% |
1,227,201
+2,964
| +0.2% | +$573K |
|
57
Mercado Libre
MELI
$121B
| $218M | 0.22% |
429,092
+98,432
| +30% | +$50M |
|
58
Constellation Brands
STZ
$26.7B
| $217M | 0.22% |
1,237,096
+804,429
| +186% | +$141M |
|
59
Walmart
WMT
$781B
| $215M | 0.21% |
2,207,182
+32,114
| +1% | +$3.13M |
|
60
Pfizer
PFE
$142B
| $201M | 0.2% |
4,729,447
-909,334
| -16% | -$38.6M |
|
|
61
Goldman Sachs
GS
$221B
| $184M | 0.18% |
957,640
-3,753,098
| -80% | -$721M |
|
62
Ameren
AEE
$27B
| $183M | 0.18% |
2,494,397
-260,142
| -9% | -$19.1M |
|
63
Bank of America
BAC
$373B
| $182M | 0.18% |
6,612,339
-273,854
| -4% | -$7.56M |
|
64
Chubb
CB
$110B
| $176M | 0.18% |
1,259,662
+353,295
| +39% | +$49.5M |
|
65
Comcast
CMCSA
$126B
| $176M | 0.17% |
4,403,656
+39,952
| +0.9% | +$1.6M |
|
|
ATVI
66
DELISTED
Activision Blizzard Inc.
ATVI
| $175M | 0.17% |
3,853,104
-10,280,369
| -73% | -$468M |
|
67
Cisco
CSCO
$268B
| $172M | 0.17% |
3,184,395
-149,362
| -4% | -$8.06M |
|
|
RDS.A
68
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $171M | 0.17% |
2,732,141
-323,999
| -11% | -$20.3M |
|
69
Chevron
CVX
$326B
| $166M | 0.16% |
1,345,631
+229,219
| +21% | +$28.2M |
|
70
HDFC Bank
HDB
$179B
| $165M | 0.16% |
1,423,034
+33,333
| +2% | +$3.86M |
|
71
MetLife
MET
$53.6B
| $165M | 0.16% |
3,869,086
+51,272
| +1% | +$2.18M |
|
72
NiSource
NI
$19.8B
| $161M | 0.16% |
5,626,608
+2,375,299
| +73% | +$68.1M |
|
73
Oneok
OKE
$47B
| $161M | 0.16% |
2,298,623
+288,756
| +14% | +$20.2M |
|
|
NBL
74
DELISTED
Noble Energy, Inc.
NBL
| $160M | 0.16% |
6,463,257
-142,806
| -2% | -$3.53M |
|
75
Citigroup
C
$174B
| $158M | 0.16% |
2,545,082
+203,488
| +9% | +$12.7M |
|