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 |
Broadcom
AVGO
|
$1.68B |
| 2 |
Walt Disney
DIS
|
$1.49B |
| 3 |
Meta Platforms (Facebook)
META
|
$1.33B |
| 4 |
Airbnb
ABNB
|
$643M |
| 5 |
Netflix
NFLX
|
$564M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$1.97B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$1.37B |
| 3 |
Tesla
TSLA
|
$1.1B |
| 4 |
Alphabet (Google) Class C
GOOG
|
$1.01B |
| 5 |
Uber
UBER
|
$725M |
Sector Composition
| 1 | Technology | 39.39% |
| 2 | Consumer Discretionary | 17.18% |
| 3 | Healthcare | 13.11% |
| 4 | Communication Services | 11.77% |
| 5 | Financials | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Eaton
ETN
$133B
| $395M | 0.26% |
1,262,479
+1,219,790
| +2,857% | +$381M |
|
52
AbbVie
ABBV
$375B
| $393M | 0.26% |
2,160,455
+233,987
| +12% | +$42.6M |
|
53
NextEra Energy, Inc.
NEE
$147B
| $364M | 0.24% |
5,693,670
+516,224
| +10% | +$33M |
|
54
Applied Materials
AMAT
$124B
| $323M | 0.22% |
1,567,349
-1,264,637
| -45% | -$261M |
|
55
Chubb
CB
$111B
| $296M | 0.2% |
1,141,460
-19,685
| -2% | -$5.1M |
|
56
Estee Lauder
EL
$32.9B
| $291M | 0.19% |
+1,888,884
| New | +$291M |
|
57
Bank of America
BAC
$370B
| $281M | 0.19% |
7,408,917
-317,991
| -4% | -$12.1M |
|
58
CyberArk
CYBR
$22.9B
| $265M | 0.18% |
995,800
-58,164
| -6% | -$15.5M |
|
59
Cigna
CI
$80.2B
| $264M | 0.18% |
727,561
+161,328
| +28% | +$58.6M |
|
60
Arista Networks
ANET
$173B
| $259M | 0.17% |
891,860
-915,634
| -51% | -$266M |
|
61
PG&E
PCG
$33.6B
| $250M | 0.17% |
14,902,997
+78,550
| +0.5% | +$1.32M |
|
62
NiSource
NI
$19.7B
| $248M | 0.17% |
8,953,256
-1,356,224
| -13% | -$37.5M |
|
63
Targa Resources
TRGP
$35.1B
| $225M | 0.15% |
2,006,613
-478,939
| -19% | -$53.6M |
|
64
Williams Companies
WMB
$70.2B
| $224M | 0.15% |
5,753,223
+1,647,469
| +40% | +$64.2M |
|
65
Cheniere Energy
LNG
$52.6B
| $223M | 0.15% |
1,384,125
+169,072
| +14% | +$27.3M |
|
66
Merck
MRK
$210B
| $209M | 0.14% |
1,580,395
-20,623
| -1% | -$2.72M |
|
67
Constellation Energy
CEG
$95.9B
| $209M | 0.14% |
1,128,112
-432,131
| -28% | -$79.9M |
|
68
ConocoPhillips
COP
$118B
| $208M | 0.14% |
1,637,685
+513,465
| +46% | +$65.4M |
|
69
CenterPoint Energy
CNP
$24.5B
| $199M | 0.13% |
7,002,418
-982,641
| -12% | -$28M |
|
70
Walmart
WMT
$790B
| $197M | 0.13% |
3,281,029
+1,789,554
| +120% | -$71.8M |
|
71
Marsh & McLennan
MMC
$101B
| $192M | 0.13% |
932,452
+649,505
| +230% | +$134M |
|
72
Apellis Pharmaceuticals
APLS
$3.51B
| $190M | 0.13% |
3,240,513
-35,409
| -1% | -$2.08M |
|
73
McDonald's
MCD
$226B
| $190M | 0.13% |
672,334
+139,951
| +26% | +$39.5M |
|
74
monday.com
MNDY
$9.49B
| $177M | 0.12% |
782,154
+84,182
| +12% | +$19M |
|
75
Performance Food Group
PFGC
$16.2B
| $175M | 0.12% |
2,349,714
+56,242
| +2% | +$4.2M |
|