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 |
NVIDIA
NVDA
|
$879M |
| 2 |
Netflix
NFLX
|
$855M |
| 3 |
T-Mobile US
TMUS
|
$703M |
| 4 |
Alcon
ALC
|
$457M |
| 5 |
Intuitive Surgical
ISRG
|
$327M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.32B |
| 2 |
Salesforce
CRM
|
$808M |
| 3 |
CrowdStrike
CRWD
|
$503M |
| 4 |
Apple
AAPL
|
$493M |
| 5 |
Estee Lauder
EL
|
$350M |
Sector Composition
| 1 | Technology | 25.75% |
| 2 | Healthcare | 20.44% |
| 3 | Consumer Discretionary | 17.04% |
| 4 | Financials | 10.94% |
| 5 | Communication Services | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
PepsiCo
PEP
$204B
| $179M | 0.18% | 990,500 +31,875 | +3% | +$5.76M |
|
77
Ulta Beauty
ULTA
$22.1B
| $175M | 0.18% | 372,453 +369,226 | +11,442% | +$173M |
|
78
Walmart
WMT
$774B
| $172M | 0.17% | 1,211,349 -14,794 | -1% | -$2.1M |
|
79
MetLife
MET
$54.1B
| $170M | 0.17% | 2,347,800 -33,675 | -1% | -$2.44M |
|
80
Chevron
CVX
$324B
| $170M | 0.17% | 944,792 +10,125 | +1% | +$1.82M |
|
81
PNC Financial Services
PNC
$81.7B
| $168M | 0.17% | 1,061,190 -30,758 | -3% | -$4.86M |
|
82
Cadence Design Systems
CDNS
$95.5B
| $167M | 0.17% | 1,039,659 +1,026,066 | +7,548% | +$165M |
|
83
Sempra
SRE
$53.9B
| $163M | 0.17% | 1,056,748 +9,977 | +1% | +$1.54M |
|
84
Exelon
EXC
$44.1B
| $160M | 0.16% | 3,699,632 +72,412 | +2% | +$3.13M |
|
|
PDCE
85
DELISTED
PDC Energy, Inc.
PDCE
| $158M | 0.16% | 2,493,611 -64,590 | -3% | -$4.1M |
|
86
CMS Energy
CMS
$21.4B
| $157M | 0.16% | 2,475,534 -1,589 | -0.1% | -$101K |
|
87
Bank of America
BAC
$376B
| $156M | 0.16% | 4,712,811 -178,881 | -4% | -$5.92M |
|
|
HES
88
DELISTED
Hess
HES
| $156M | 0.16% | 1,100,321 +90,795 | +9% | +$12.9M |
|
89
Deere & Co
DE
$129B
| $154M | 0.16% | 358,068 +56,772 | +19% | +$24.3M |
|
90
Merck
MRK
$210B
| $153M | 0.16% | 1,381,554 +515,532 | +60% | +$57.2M |
|
91
RTX Corp
RTX
$212B
| $153M | 0.15% | 1,514,427 +20,930 | +1% | +$2.11M |
|
92
Spotify
SPOT
$140B
| $148M | 0.15% | 1,871,428 -119,548 | -6% | -$9.44M |
|
93
Truist Financial
TFC
$60.4B
| $145M | 0.15% | 3,375,293 -81,490 | -2% | -$3.51M |
|
94
Johnson Controls International
JCI
$69.9B
| $139M | 0.14% | 2,166,304 -28,751 | -1% | -$1.84M |
|
95
DTE Energy
DTE
$28.4B
| $135M | 0.14% | 1,148,902 +163,721 | +17% | +$19.2M |
|
96
Trinity Industries
TRN
$2.3B
| $131M | 0.13% | 4,422,947 +157,681 | +4% | +$4.66M |
|
97
Apellis Pharmaceuticals
APLS
$3.48B
| $130M | 0.13% | 2,515,317 -19,395 | -0.8% | -$1M |
|
98
Chord Energy
CHRD
$6.29B
| $128M | 0.13% | 938,734 +110,714 | +13% | +$15.1M |
|
99
Williams Companies
WMB
$70.7B
| $128M | 0.13% | 3,890,702 -2,340,029 | -38% | -$77M |
|
100
Shift4
FOUR
$6.21B
| $127M | 0.13% | 2,262,079 +314,734 | +16% | +$17.6M |
|