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 |
Boeing
BA
|
$960M |
| 2 |
Netflix
NFLX
|
$766M |
| 3 |
UnitedHealth
UNH
|
$629M |
| 4 |
Trade Desk
TTD
|
$502M |
| 5 |
Broadcom
AVGO
|
$420M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$2.27B |
| 2 |
Uber
UBER
|
$772M |
| 3 |
Tesla
TSLA
|
$749M |
| 4 |
DexCom
DXCM
|
$486M |
| 5 |
argenx
ARGX
|
$473M |
Sector Composition
| 1 | Technology | 38.73% |
| 2 | Consumer Discretionary | 19.7% |
| 3 | Healthcare | 12.45% |
| 4 | Communication Services | 10.23% |
| 5 | Financials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Keysight
KEYS
$28.1B
| $396M | 0.3% | +2,487,830 | New | +$396M |
|
52
JPMorgan Chase
JPM
$829B
| $384M | 0.29% | 2,260,149 +428,204 | +23% | +$72.8M |
|
53
TSMC
TSM
$1.2T
| $357M | 0.27% | 3,437,292 -202,424 | -6% | -$21.1M |
|
54
Micron Technology
MU
$133B
| $344M | 0.26% | 4,031,840 -2,275,003 | -36% | -$194M |
|
55
NextEra Energy, Inc.
NEE
$148B
| $314M | 0.23% | 5,177,446 +674,116 | +15% | +$40.9M |
|
56
AbbVie
ABBV
$372B
| $299M | 0.22% | 1,926,468 +421,533 | +28% | +$65.3M |
|
57
NiSource
NI
$19.9B
| $274M | 0.2% | 10,309,480 -2,801,642 | -21% | -$74.4M |
|
58
PG&E
PCG
$33.6B
| $267M | 0.2% | 14,824,447 -2,333,688 | -14% | -$42.1M |
|
59
Linde
LIN
$224B
| $264M | 0.2% | 641,870 +73,295 | +13% | +$30.1M |
|
60
Chubb
CB
$110B
| $262M | 0.2% | 1,161,145 +155,552 | +15% | +$35.2M |
|
61
Bank of America
BAC
$376B
| $260M | 0.19% | 7,726,908 +2,507,746 | +48% | +$84.4M |
|
62
Walmart
WMT
$774B
| $235M | 0.18% | 1,491,475 +140,968 | +10% | +$22.2M |
|
63
CyberArk
CYBR
$22.8B
| $231M | 0.17% | 1,053,964 +472,961 | +81% | +$104M |
|
64
Globant
GLOB
$2.96B
| $229M | 0.17% | 960,833 +714,162 | +290% | +$170M |
|
65
CenterPoint Energy
CNP
$24.6B
| $228M | 0.17% | 7,985,059 -567,443 | -7% | -$16.2M |
|
66
Shift4
FOUR
$6.21B
| $219M | 0.16% | 2,945,060 +601,749 | +26% | +$44.7M |
|
67
Targa Resources
TRGP
$36.1B
| $216M | 0.16% | 2,485,552 -1,955 | -0.1% | -$170K |
|
68
Cheniere Energy
LNG
$53.1B
| $207M | 0.15% | 1,215,053 +39,944 | +3% | +$6.82M |
|
69
Apellis Pharmaceuticals
APLS
$3.48B
| $196M | 0.15% | 3,275,922 -266,287 | -8% | -$15.9M |
|
70
Amgen
AMGN
$155B
| $187M | 0.14% | 650,637 +432,871 | +199% | +$125M |
|
71
Exxon Mobil
XOM
$487B
| $186M | 0.14% | 1,864,895 +1,616,417 | +651% | +$162M |
|
72
Sempra
SRE
$53.9B
| $183M | 0.14% | 2,455,445 +658,477 | +37% | +$49.2M |
|
73
Constellation Energy
CEG
$96.2B
| $182M | 0.14% | 1,560,243 -91,592 | -6% | -$10.7M |
|
74
Merck
MRK
$210B
| $175M | 0.13% | 1,601,018 +37,765 | +2% | +$4.12M |
|
75
Universal Display
OLED
$6.59B
| $173M | 0.13% | 903,068 +3,397 | +0.4% | +$650K |
|