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 |
Airbnb
ABNB
|
$1.37B |
| 2 |
Trade Desk
TTD
|
$924M |
| 3 |
DocuSign
DOCU
|
$884M |
| 4 |
Eli Lilly
LLY
|
$797M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$748M |
Top Sells
| 1 |
Peloton Interactive
PTON
|
$1.3B |
| 2 |
RingCentral
RNG
|
$885M |
| 3 |
Apple
AAPL
|
$855M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
$555M |
Sector Composition
| 1 | Technology | 34.7% |
| 2 | Consumer Discretionary | 21.76% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.56% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Performance Food Group
PFGC
$15.9B
| $129M | 0.09% | 2,662,670 +1,167,065 | +78% | +$56.6M |
|
102
IQVIA
IQV
$32.4B
| $128M | 0.09% | 529,979 -6,426 | -1% | -$1.56M |
|
103
Lowe's Companies
LOW
$145B
| $128M | 0.08% | 660,290 -112,362 | -15% | -$21.8M |
|
104
Blackstone
BX
$134B
| $127M | 0.08% | 1,305,595 +263,914 | +25% | +$25.6M |
|
105
Cooper Companies
COO
$13.4B
| $125M | 0.08% | 315,888 +32,515 | +11% | +$12.9M |
|
106
Marsh & McLennan
MMC
$101B
| $125M | 0.08% | 887,436 +162,588 | +22% | +$22.9M |
|
107
Public Service Enterprise Group
PEG
$41.1B
| $124M | 0.08% | 2,079,039 -64,007 | -3% | -$3.82M |
|
108
Bristol-Myers Squibb
BMY
$96B
| $123M | 0.08% | 1,835,930 +340,428 | +23% | +$22.7M |
|
109
Ross Stores
ROST
$48.1B
| $121M | 0.08% | 974,410 +48,017 | +5% | +$5.95M |
|
110
CMS Energy
CMS
$21.4B
| $121M | 0.08% | 2,043,576 +6,947 | +0.3% | +$410K |
|
111
AbbVie
ABBV
$372B
| $121M | 0.08% | 1,070,936 +333,065 | +45% | +$37.5M |
|
112
Chevron
CVX
$324B
| $119M | 0.08% | 1,133,292 +252,542 | +29% | +$26.5M |
|
113
DTE Energy
DTE
$28.4B
| $111M | 0.07% | 856,469 -11,460 | -1% | -$1.49M |
|
114
Mondelez International
MDLZ
$79.5B
| $111M | 0.07% | 1,777,349 -240,606 | -12% | -$15M |
|
115
RTX Corp
RTX
$212B
| $111M | 0.07% | 1,300,246 -544,093 | -30% | -$46.4M |
|
116
dLocal
DLO
$4.25B
| $111M | 0.07% | +2,105,049 | New | +$111M |
|
117
Procter & Gamble
PG
$368B
| $110M | 0.07% | 815,894 +84,447 | +12% | +$11.4M |
|
118
PTC
PTC
$25.6B
| $109M | 0.07% | 773,497 +116,087 | +18% | +$16.4M |
|
119
SLM Corp
SLM
$6.52B
| $109M | 0.07% | 5,207,528 -597,584 | -10% | -$12.5M |
|
120
PepsiCo
PEP
$204B
| $108M | 0.07% | 729,862 +35,414 | +5% | +$5.25M |
|
121
McDonald's
MCD
$224B
| $106M | 0.07% | 458,746 +60,892 | +15% | +$14.1M |
|
122
D.R. Horton
DHI
$50.5B
| $106M | 0.07% | 1,170,038 +175,910 | +18% | +$15.9M |
|
123
Qualcomm
QCOM
$173B
| $99.2M | 0.07% | 694,106 +161,602 | +30% | +$23.1M |
|
124
Brunswick
BC
$4.15B
| $98.4M | 0.07% | 987,953 -95,717 | -9% | -$9.54M |
|
125
Duke Energy
DUK
$95.3B
| $97.6M | 0.06% | 989,005 +428,708 | +77% | +$42.3M |
|