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 |
Qualcomm
QCOM
|
$1.06B |
| 2 |
Walt Disney
DIS
|
$962M |
| 3 |
lululemon athletica
LULU
|
$451M |
| 4 |
ServiceNow
NOW
|
$399M |
| 5 |
SAP
SAP
|
$349M |
Top Sells
| 1 |
Merck
MRK
|
$923M |
| 2 |
RHT
Red Hat Inc
RHT
|
$668M |
| 3 |
UnitedHealth
UNH
|
$610M |
| 4 |
Bristol-Myers Squibb
BMY
|
$529M |
| 5 |
AstraZeneca
AZN
|
$395M |
Sector Composition
| 1 | Technology | 24.86% |
| 2 | Consumer Discretionary | 16.28% |
| 3 | Healthcare | 15.33% |
| 4 | Financials | 12.46% |
| 5 | Communication Services | 12.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XIFR
76
XPLR Infrastructure, LP
XIFR
$996M
| $160M | 0.16% | 3,321,053 +75,111 | +2% | +$3.62M |
|
|
RDS.A
77
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $160M | 0.16% | 2,459,017 -273,124 | -10% | -$17.8M |
|
78
NiSource
NI
$19.9B
| $160M | 0.16% | 5,555,060 -71,548 | -1% | -$2.06M |
|
79
Citigroup
C
$178B
| $158M | 0.16% | 2,263,299 -281,783 | -11% | -$19.7M |
|
80
Oneok
OKE
$48.1B
| $157M | 0.16% | 2,288,806 -9,817 | -0.4% | -$676K |
|
|
81
Merck
MRK
$210B
| $153M | 0.15% | 1,827,428 -11,008,666 | -86% | -$923M |
|
82
Sarepta Therapeutics
SRPT
$1.78B
| $152M | 0.15% | 1,000,299 -7,180 | -0.7% | -$1.09M |
|
83
PNC Financial Services
PNC
$81.7B
| $150M | 0.15% | 1,090,083 -8,067 | -0.7% | -$1.11M |
|
84
CDW
CDW
$21.6B
| $149M | 0.15% | 1,339,681 -253,814 | -16% | -$28.2M |
|
85
FirstEnergy
FE
$25.2B
| $147M | 0.15% | 3,424,311 +16,508 | +0.5% | +$707K |
|
86
Pinnacle Financial Partners
PNFP
$7.54B
| $143M | 0.14% | 2,487,634 -224,114 | -8% | -$12.9M |
|
87
CMS Energy
CMS
$21.4B
| $141M | 0.14% | 2,436,041 +1,101 | +0% | +$63.8K |
|
88
HubSpot
HUBS
$25.5B
| $139M | 0.14% | 816,438 -12,717 | -2% | -$2.17M |
|
89
Entergy
ETR
$39.3B
| $138M | 0.14% | 1,341,086 -26,167 | -2% | -$2.69M |
|
90
Cheniere Energy
LNG
$53.1B
| $135M | 0.13% | 1,969,934 -213,657 | -10% | -$14.6M |
|
|
NBL
91
DELISTED
Noble Energy, Inc.
NBL
| $132M | 0.13% | 5,909,317 -553,940 | -9% | -$12.4M |
|
92
IQVIA
IQV
$32.4B
| $132M | 0.13% | 821,936 +351,318 | +75% | +$56.5M |
|
93
Linde
LIN
$224B
| $131M | 0.13% | 651,242 +282,628 | +77% | +$56.8M |
|
94
Marvell Technology
MRVL
$54.2B
| $129M | 0.13% | 5,403,507 -1,972,285 | -27% | -$47.1M |
|
95
Ross Stores
ROST
$48.1B
| $128M | 0.13% | 1,289,953 -72,166 | -5% | -$7.15M |
|
96
Parker-Hannifin
PH
$96.2B
| $127M | 0.13% | 748,516 -22,461 | -3% | -$3.82M |
|
97
RTX Corp
RTX
$212B
| $124M | 0.12% | 955,577 -110,105 | -10% | -$14.3M |
|
98
DTE Energy
DTE
$28.4B
| $124M | 0.12% | 968,034 -119,134 | -11% | -$15.2M |
|
99
Natera
NTRA
$23.1B
| $122M | 0.12% | 4,434,727 +869,420 | +24% | +$24M |
|
|
WPX
100
DELISTED
WPX Energy, Inc.
WPX
| $122M | 0.12% | 10,610,832 +70,810 | +0.7% | +$815K |
|