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 |
ServiceNow
NOW
|
$1.13B |
| 2 |
Meta Platforms (Facebook)
META
|
$1.12B |
| 3 |
Advanced Micro Devices
AMD
|
$1.06B |
| 4 |
MongoDB
MDB
|
$817M |
| 5 |
Ulta Beauty
ULTA
|
$477M |
Top Sells
| 1 |
Danaher
DHR
|
$1.27B |
| 2 |
T-Mobile US
TMUS
|
$1.03B |
| 3 |
Schlumberger
SLB
|
$964M |
| 4 |
Thermo Fisher Scientific
TMO
|
$829M |
| 5 |
Atlassian
TEAM
|
$819M |
Sector Composition
| 1 | Technology | 38.76% |
| 2 | Consumer Discretionary | 19.8% |
| 3 | Healthcare | 13.64% |
| 4 | Financials | 8.74% |
| 5 | Communication Services | 8.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
American Express
AXP
$231B
| $369M | 0.3% | 2,119,462 +832,510 | +65% | +$145M |
|
52
NextEra Energy, Inc.
NEE
$148B
| $368M | 0.3% | 4,965,180 -1,116,383 | -18% | -$82.8M |
|
53
NiSource
NI
$19.9B
| $358M | 0.29% | 13,071,748 +3,681,842 | +39% | +$101M |
|
|
54
Schlumberger
SLB
$55B
| $342M | 0.28% | 6,958,602 -19,634,007 | -74% | -$964M |
|
55
HDFC Bank
HDB
$182B
| $329M | 0.27% | 4,725,638 -1,551,842 | -25% | -$108M |
|
56
McDonald's
MCD
$224B
| $307M | 0.25% | 1,028,353 -15,283 | -1% | -$4.56M |
|
57
PG&E
PCG
$33.6B
| $287M | 0.24% | 16,629,027 +5,292,515 | +47% | +$91.5M |
|
58
JPMorgan Chase
JPM
$829B
| $274M | 0.22% | 1,884,376 -13,785 | -0.7% | -$2M |
|
59
CenterPoint Energy
CNP
$24.6B
| $251M | 0.21% | 8,621,817 +255,916 | +3% | +$7.46M |
|
60
Linde
LIN
$224B
| $247M | 0.2% | 648,572 +55,454 | +9% | +$21.1M |
|
61
Applied Materials
AMAT
$128B
| $244M | 0.2% | 1,687,170 +75,484 | +5% | +$10.9M |
|
62
On Holding
ONON
$14.7B
| $242M | 0.2% | 7,332,487 +2,237,442 | +44% | +$73.8M |
|
63
ConocoPhillips
COP
$124B
| $228M | 0.19% | 2,196,041 -680,380 | -24% | -$70.5M |
|
64
Arista Networks
ANET
$172B
| $221M | 0.18% | 1,362,558 -30,628 | -2% | -$4.96M |
|
65
AbbVie
ABBV
$372B
| $202M | 0.17% | 1,502,908 -36,561 | -2% | -$4.93M |
|
66
Bristol-Myers Squibb
BMY
$96B
| $195M | 0.16% | 3,052,718 -176,823 | -5% | -$11.3M |
|
|
HES
67
DELISTED
Hess
HES
| $189M | 0.16% | 1,390,075 +449,842 | +48% | +$61.2M |
|
68
Walmart
WMT
$774B
| $188M | 0.15% | 1,193,049 +139,320 | +13% | +$21.9M |
|
69
Merck
MRK
$210B
| $187M | 0.15% | 1,618,268 +430,320 | +36% | +$49.7M |
|
70
Chubb
CB
$110B
| $187M | 0.15% | 969,382 +42,280 | +5% | +$8.14M |
|
71
Targa Resources
TRGP
$36.1B
| $186M | 0.15% | 2,448,364 -42,316 | -2% | -$3.22M |
|
72
Apellis Pharmaceuticals
APLS
$3.48B
| $180M | 0.15% | 1,970,603 -642,164 | -25% | -$58.5M |
|
73
Roblox
RBLX
$86.4B
| $175M | 0.14% | 4,354,566 -1,046,331 | -19% | -$42.2M |
|
74
Humana
HUM
$36.5B
| $168M | 0.14% | 375,545 -1,073 | -0.3% | -$480K |
|
75
Shift4
FOUR
$6.21B
| $163M | 0.13% | 2,404,436 +506,539 | +27% | +$34.4M |
|