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 |
lululemon athletica
LULU
|
$612M |
| 2 |
Danaher
DHR
|
$490M |
| 3 |
PayPal
PYPL
|
$468M |
| 4 |
Intuitive Surgical
ISRG
|
$416M |
| 5 |
XYZ
Block, Inc.
XYZ
|
$410M |
Top Sells
| 1 |
McDonald's
MCD
|
$737M |
| 2 |
Goldman Sachs
GS
|
$721M |
| 3 |
UnitedHealth
UNH
|
$655M |
| 4 |
JPMorgan Chase
JPM
|
$560M |
| 5 |
Booking.com
BKNG
|
$559M |
Sector Composition
| 1 | Technology | 22% |
| 2 | Healthcare | 17.09% |
| 3 | Consumer Discretionary | 16.54% |
| 4 | Financials | 12.14% |
| 5 | Communication Services | 12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
CDW
CDW
$21.3B
| $154M | 0.15% |
1,593,495
-106,902
| -6% | -$10.3M |
|
|
XIFR
77
XPLR Infrastructure, LP
XIFR
$975M
| $151M | 0.15% |
3,245,942
+275,136
| +9% | +$12.8M |
|
78
Cheniere Energy
LNG
$52.9B
| $149M | 0.15% |
2,183,591
-113,462
| -5% | -$7.76M |
|
79
Pinnacle Financial Partners
PNFP
$7.56B
| $148M | 0.15% |
2,711,748
-5,987
| -0.2% | -$327K |
|
80
Marvell Technology
MRVL
$55.7B
| $147M | 0.15% |
7,375,792
+533,146
| +8% | +$10.6M |
|
81
Evergy
EVRG
$16.4B
| $145M | 0.14% |
2,498,959
-682,985
| -21% | -$39.6M |
|
82
Dominion Energy
D
$50.5B
| $142M | 0.14% |
1,857,965
+1,033,748
| +125% | +$79.2M |
|
83
FirstEnergy
FE
$25.1B
| $142M | 0.14% |
3,407,803
+564,513
| +20% | +$23.5M |
|
84
Zimmer Biomet
ZBH
$20.8B
| $140M | 0.14% |
1,096,057
-222,111
| -17% | -$28.4M |
|
|
WPX
85
DELISTED
WPX Energy, Inc.
WPX
| $138M | 0.14% |
10,540,022
-57,209
| -0.5% | -$750K |
|
86
HubSpot
HUBS
$24.8B
| $138M | 0.14% |
829,155
-134,590
| -14% | -$22.4M |
|
87
RTX Corp
RTX
$212B
| $137M | 0.14% |
1,065,682
-7,216
| -0.7% | -$930K |
|
88
DTE Energy
DTE
$28.2B
| $136M | 0.13% |
1,087,168
| – | – |
|
89
CMS Energy
CMS
$21.3B
| $135M | 0.13% |
2,434,940
+2,993
| +0.1% | +$166K |
|
90
PNC Financial Services
PNC
$80.9B
| $135M | 0.13% |
1,098,150
-744,997
| -40% | -$91.4M |
|
91
Parker-Hannifin
PH
$95B
| $132M | 0.13% |
770,977
+63,536
| +9% | +$10.9M |
|
92
SLM Corp
SLM
$6.46B
| $132M | 0.13% |
13,339,997
-2,184,001
| -14% | -$21.6M |
|
93
Entergy
ETR
$39B
| $131M | 0.13% |
1,367,253
+645,300
| +89% | +$61.7M |
|
94
East-West Bancorp
EWBC
$14.6B
| $130M | 0.13% |
2,714,417
-42,417
| -2% | -$2.03M |
|
95
Ulta Beauty
ULTA
$23.9B
| $130M | 0.13% |
373,360
-105,148
| -22% | -$36.7M |
|
96
Verizon
VZ
$185B
| $128M | 0.13% |
2,162,688
+345,094
| +19% | +$20.4M |
|
97
Ross Stores
ROST
$49.5B
| $127M | 0.13% |
1,362,119
-3,157
| -0.2% | -$294K |
|
98
Twilio
TWLO
$16B
| $123M | 0.12% |
+955,860
| New | +$123M |
|
|
CXO
99
DELISTED
CONCHO RESOURCES INC.
CXO
| $121M | 0.12% |
1,094,270
-1,821,865
| -62% | -$202M |
|
100
Sarepta Therapeutics
SRPT
$1.77B
| $120M | 0.12% |
1,007,479
-15,036
| -1% | -$1.79M |
|