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 | |
|---|---|---|---|---|---|---|
101
Sempra
SRE
$53.9B
| $122M | 0.12% | 888,562 -1,016 | -0.1% | -$140K |
|
102
Verizon
VZ
$186B
| $122M | 0.12% | 2,133,168 -29,520 | -1% | -$1.69M |
|
|
SUM
103
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $121M | 0.12% | 6,305,707 -913,155 | -13% | -$17.6M |
|
104
SBA Communications
SBAC
$22B
| $121M | 0.12% | 536,779 -51,766 | -9% | -$11.6M |
|
105
Zimmer Biomet
ZBH
$21B
| $119M | 0.12% | 1,011,164 -84,893 | -8% | -$10M |
|
106
Performance Food Group
PFGC
$15.9B
| $117M | 0.12% | 2,917,045 -67,785 | -2% | -$2.71M |
|
107
Truist Financial
TFC
$60.4B
| $117M | 0.12% | 2,373,683 +397,054 | +20% | +$19.5M |
|
108
McDonald's
MCD
$224B
| $116M | 0.12% | 560,457 -10,508 | -2% | -$2.18M |
|
109
Dominion Energy
D
$51.1B
| $116M | 0.12% | 1,503,060 -354,905 | -19% | -$27.4M |
|
110
FMC
FMC
$4.88B
| $110M | 0.11% | 1,324,688 +73,611 | +6% | +$6.11M |
|
111
Equinix
EQIX
$76.9B
| $107M | 0.11% | 211,911 +678 | +0.3% | +$342K |
|
112
East-West Bancorp
EWBC
$14.5B
| $105M | 0.1% | 2,254,237 -460,180 | -17% | -$21.5M |
|
113
SLM Corp
SLM
$6.52B
| $105M | 0.1% | 10,794,114 -2,545,883 | -19% | -$24.7M |
|
114
EOG Resources
EOG
$68.2B
| $104M | 0.1% | 1,121,284 -102,429 | -8% | -$9.54M |
|
115
Ulta Beauty
ULTA
$22.1B
| $104M | 0.1% | 300,945 -72,415 | -19% | -$25.1M |
|
|
MFA
116
MFA Financial
MFA
$1.05B
| $101M | 0.1% | 14,053,608 +63,926 | +0.5% | +$459K |
|
117
Essential Utilities
WTRG
$11.1B
| $99.8M | 0.1% | +2,412,296 | New | +$99.8M |
|
|
MRTX
118
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $99.6M | 0.1% | 967,331 -225,348 | -19% | -$23.2M |
|
|
CXO
119
DELISTED
CONCHO RESOURCES INC.
CXO
| $99.5M | 0.1% | 964,787 -129,483 | -12% | -$13.4M |
|
120
Hexcel
HXL
$5.02B
| $99.5M | 0.1% | 1,229,840 -158,307 | -11% | -$12.8M |
|
121
Amicus Therapeutics
FOLD
$2.34B
| $98.1M | 0.1% | 7,864,010 -760,927 | -9% | -$9.5M |
|
122
CyberArk
CYBR
$22.8B
| $98.1M | 0.1% | 766,983 -205,295 | -21% | -$26.2M |
|
123
Bankunited
BKU
$2.95B
| $98M | 0.1% | 2,904,104 -333,955 | -10% | -$11.3M |
|
|
WP
124
DELISTED
Worldpay, Inc.
WP
| $95.3M | 0.09% | 777,638 -139,729 | -15% | -$17.1M |
|
|
BECN
125
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $95.2M | 0.09% | 2,591,588 -307,273 | -11% | -$11.3M |
|