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 |
Merck
MRK
|
$921M |
| 2 |
Union Pacific
UNP
|
$581M |
| 3 |
Salesforce
CRM
|
$417M |
| 4 |
Edwards Lifesciences
EW
|
$409M |
| 5 |
ServiceNow
NOW
|
$316M |
Top Sells
| 1 |
Caterpillar
CAT
|
$664M |
| 2 |
RHT
Red Hat Inc
RHT
|
$632M |
| 3 |
Texas Instruments
TXN
|
$571M |
| 4 |
Bristol-Myers Squibb
BMY
|
$540M |
| 5 |
Parker-Hannifin
PH
|
$513M |
Sector Composition
| 1 | Technology | 21.1% |
| 2 | Healthcare | 17.5% |
| 3 | Consumer Discretionary | 17.06% |
| 4 | Financials | 12.7% |
| 5 | Communication Services | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
CDW
CDW
$21.2B
| $138M | 0.15% |
1,700,397
-148,196
| -8% | -$12M |
|
77
Zimmer Biomet
ZBH
$20.6B
| $137M | 0.15% |
1,318,168
+29,592
| +2% | +$3.07M |
|
78
Cheniere Energy
LNG
$53.1B
| $136M | 0.15% |
2,297,053
-955,414
| -29% | -$56.6M |
|
79
Williams Companies
WMB
$70.2B
| $130M | 0.15% |
5,897,379
-966,836
| -14% | -$21.3M |
|
80
SLM Corp
SLM
$6.47B
| $129M | 0.14% |
15,523,998
-890,745
| -5% | -$7.4M |
|
|
XIFR
81
XPLR Infrastructure, LP
XIFR
$976M
| $128M | 0.14% |
2,970,806
+607,174
| +26% | +$26.1M |
|
82
Pinnacle Financial Partners
PNFP
$7.56B
| $125M | 0.14% |
2,717,735
-620,750
| -19% | -$28.6M |
|
|
NBL
83
DELISTED
Noble Energy, Inc.
NBL
| $124M | 0.14% |
6,606,063
-561,193
| -8% | -$10.5M |
|
84
SBA Communications
SBAC
$21.9B
| $123M | 0.14% |
760,552
-83,393
| -10% | -$13.5M |
|
85
Citigroup
C
$175B
| $122M | 0.14% |
2,341,594
-41,686
| -2% | -$2.17M |
|
86
Chevron
CVX
$319B
| $121M | 0.14% |
1,116,412
+34,176
| +3% | +$3.72M |
|
87
HubSpot
HUBS
$24.8B
| $121M | 0.14% |
963,745
+20,323
| +2% | +$2.56M |
|
88
CMS Energy
CMS
$21.4B
| $121M | 0.14% |
2,431,947
| – | – |
|
|
WPX
89
DELISTED
WPX Energy, Inc.
WPX
| $120M | 0.13% |
10,597,231
-540,867
| -5% | -$6.14M |
|
90
FMC
FMC
$4.78B
| $120M | 0.13% |
1,625,817
-123,641
| -7% | -$9.14M |
|
91
East-West Bancorp
EWBC
$14.6B
| $120M | 0.13% |
2,756,834
-26,817
| -1% | -$1.17M |
|
92
DTE Energy
DTE
$28B
| $120M | 0.13% |
1,087,168
-166,696
| -13% | -$18.4M |
|
93
Vail Resorts
MTN
$5.99B
| $118M | 0.13% |
561,557
+93,183
| +20% | +$19.6M |
|
94
Ulta Beauty
ULTA
$23.9B
| $117M | 0.13% |
478,508
-72,795
| -13% | -$17.8M |
|
95
Chubb
CB
$110B
| $117M | 0.13% |
906,367
+20,603
| +2% | +$2.66M |
|
96
RTX Corp
RTX
$210B
| $114M | 0.13% |
1,072,898
-258,224
| -19% | -$27.5M |
|
97
Ross Stores
ROST
$49.4B
| $114M | 0.13% |
1,365,276
-202,154
| -13% | -$16.8M |
|
98
Sarepta Therapeutics
SRPT
$1.95B
| $112M | 0.12% |
1,022,515
-196,988
| -16% | -$21.5M |
|
99
Marvell Technology
MRVL
$54.6B
| $111M | 0.12% |
6,842,646
-769,090
| -10% | -$12.5M |
|
100
Oneok
OKE
$46.8B
| $108M | 0.12% |
2,009,867
+257,454
| +15% | +$13.9M |
|