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 |
Apple
AAPL
|
$2.73B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$1.31B |
| 3 |
CELG
Celgene Corp
CELG
|
$739M |
| 4 |
EOG Resources
EOG
|
$608M |
| 5 |
Schlumberger
SLB
|
$527M |
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% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
BioMarin Pharmaceuticals
BMRN
$11.3B
| $333M | 0.31% |
5,347,735
-2,672,017
| -33% | -$166M |
|
|
AGN
77
DELISTED
Allergan plc
AGN
| $318M | 0.29% |
1,425,739
-366,834
| -20% | -$81.8M |
|
78
Universal Health Services
UHS
$11.6B
| $318M | 0.29% |
3,318,911
-429,093
| -11% | -$41.1M |
|
|
ESRX
79
DELISTED
Express Scripts Holding Company
ESRX
| $301M | 0.28% |
4,343,471
-7,831,031
| -64% | -$543M |
|
80
Carnival Corp
CCL
$42.2B
| $300M | 0.28% |
7,973,439
+11,710
| +0.1% | +$441K |
|
81
JPMorgan Chase
JPM
$824B
| $300M | 0.28% |
5,203,431
-1,000,381
| -16% | -$57.6M |
|
|
XLNX
82
DELISTED
Xilinx Inc
XLNX
| $291M | 0.27% |
6,149,542
+93,406
| +2% | +$4.42M |
|
|
WP
83
DELISTED
Worldpay, Inc.
WP
| $290M | 0.27% |
8,617,745
+249,019
| +3% | +$8.37M |
|
|
ATVI
84
DELISTED
Activision Blizzard Inc.
ATVI
| $285M | 0.26% |
12,786,885
-507,111
| -4% | -$11.3M |
|
85
Crown Castle
CCI
$42.7B
| $284M | 0.26% |
3,820,303
+82,230
| +2% | +$6.11M |
|
|
SEMG
86
DELISTED
SEMGROUP CORPORATION
SEMG
| $269M | 0.25% |
3,412,788
-170,780
| -5% | -$13.5M |
|
|
FRC
87
DELISTED
First Republic Bank
FRC
| $269M | 0.25% |
4,890,167
-158,579
| -3% | -$8.72M |
|
|
SWN
88
DELISTED
Southwestern Energy Company
SWN
| $266M | 0.24% |
5,845,006
-1,565
| -0% | -$71.2K |
|
89
Marathon Petroleum
MPC
$54.8B
| $265M | 0.24% |
3,388,662
+587,731
| +21% | +$45.9M |
|
90
Reliance Steel & Aluminium
RS
$15.3B
| $262M | 0.24% |
3,555,292
-7,219
| -0.2% | -$532K |
|
91
Flex
FLEX
$20.1B
| $262M | 0.24% |
23,668,362
-1,269,378
| -5% | -$14.1M |
|
|
MRO
92
DELISTED
Marathon Oil Corporation
MRO
| $261M | 0.24% |
6,529,709
+928,473
| +17% | +$37.1M |
|
93
Williams Companies
WMB
$70.1B
| $259M | 0.24% |
4,441,408
+1,840,333
| +71% | +$107M |
|
94
Hain Celestial
HAIN
$163M
| $257M | 0.24% |
2,892,761
+69,769
| +2% | +$6.19M |
|
|
MFA
95
MFA Financial
MFA
$1.03B
| $257M | 0.24% |
31,254,028
+8,306,782
| +36% | +$68.2M |
|
96
United Airlines
UAL
$33.9B
| $254M | 0.23% |
6,186,730
+1,202,288
| +24% | +$49.4M |
|
97
Electronic Arts
EA
$42.9B
| $249M | 0.23% |
6,940,307
+38,150
| +0.6% | +$1.37M |
|
98
Applied Materials
AMAT
$126B
| $246M | 0.23% |
10,895,130
+1,609,704
| +17% | +$36.3M |
|
|
MNDT
99
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $239M | 0.22% |
5,887,665
+548,093
| +10% | +$22.2M |
|
100
Henry Schein
HSIC
$8.29B
| $237M | 0.22% |
1,998,022
+10,302
| +0.5% | +$1.22M |
|