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 |
Schlumberger
SLB
|
$527M |
| 2 |
Qualcomm
QCOM
|
$448M |
| 3 |
Marriott International Class A Common Stock
MAR
|
$369M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$305M |
| 5 |
CELG
Celgene Corp
CELG
|
$230M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$1.05B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
$543M |
| 3 |
Goldman Sachs
GS
|
$496M |
| 4 |
WFM
Whole Foods Market Inc
WFM
|
$452M |
| 5 |
Estee Lauder
EL
|
$329M |
Sector Composition
| 1 | Healthcare | 18.05% |
| 2 | Consumer Discretionary | 14.25% |
| 3 | Technology | 11.26% |
| 4 | Communication Services | 11.22% |
| 5 | Energy | 10.7% |