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 |
Starbucks
SBUX
|
$818M |
| 2 |
Constellation Energy
CEG
|
$695M |
| 3 |
Spotify
SPOT
|
$694M |
| 4 |
CAVA Group
CAVA
|
$523M |
| 5 |
Nike
NKE
|
$509M |
Top Sells
| 1 |
Eaton
ETN
|
$1.17B |
| 2 |
Microsoft
MSFT
|
$987M |
| 3 |
Palo Alto Networks
PANW
|
$978M |
| 4 |
Advanced Micro Devices
AMD
|
$935M |
| 5 |
NVIDIA
NVDA
|
$854M |
Sector Composition
| 1 | Technology | 32.76% |
| 2 | Communication Services | 17.2% |
| 3 | Consumer Discretionary | 15.67% |
| 4 | Healthcare | 10.6% |
| 5 | Financials | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Home Depot
HD
$405B
| $140M | 0.1% | 383,330 -1,429,333 | -79% | -$524M |
|
102
Targa Resources
TRGP
$36.1B
| $138M | 0.1% | 687,802 -232,848 | -25% | -$46.7M |
|
103
Bank of America
BAC
$376B
| $134M | 0.09% | 3,210,244 -2,107,115 | -40% | -$87.9M |
|
104
Performance Food Group
PFGC
$15.9B
| $133M | 0.09% | 1,688,091 +20,400 | +1% | +$1.6M |
|
105
Exelon
EXC
$44.1B
| $132M | 0.09% | 2,868,449 +1,061,533 | +59% | +$48.9M |
|
106
Kirby Corp
KEX
$5.42B
| $131M | 0.09% | 1,300,103 +107,240 | +9% | +$10.8M |
|
107
MakeMyTrip
MMYT
$9.4B
| $131M | 0.09% | 1,340,129 -645,247 | -32% | -$63.2M |
|
108
American Electric Power
AEP
$59.4B
| $130M | 0.09% | 1,193,007 +247,745 | +26% | +$27.1M |
|
109
Shift4
FOUR
$6.21B
| $130M | 0.09% | 1,595,376 -739,885 | -32% | -$60.5M |
|
110
Independence Realty Trust
IRT
$4.23B
| $130M | 0.09% | 6,136,939 -2,713 | -0% | -$57.6K |
|
111
CVS Health
CVS
$92.8B
| $128M | 0.09% | 1,896,341 +1,582,257 | +504% | +$107M |
|
112
Tarsus Pharmaceuticals
TARS
$2.47B
| $128M | 0.09% | 2,492,640 -7,492 | -0.3% | -$385K |
|
113
Gates Industrial
GTES
$6.58B
| $127M | 0.09% | 6,919,403 +1,618,598 | +31% | +$29.8M |
|
114
Truist Financial
TFC
$60.4B
| $127M | 0.09% | 3,079,749 -155,774 | -5% | -$6.41M |
|
115
Ralph Lauren
RL
$18B
| $125M | 0.09% | 565,687 +79,934 | +16% | +$17.6M |
|
116
Burlington
BURL
$18.3B
| $124M | 0.09% | 521,713 +27,069 | +5% | +$6.45M |
|
117
3M
MMM
$82.8B
| $124M | 0.09% | 842,174 +386,093 | +85% | +$56.7M |
|
118
Eldorado Gold
EGO
$5.04B
| $122M | 0.09% | 7,245,804 +155,619 | +2% | +$2.62M |
|
119
Analog Devices
ADI
$124B
| $121M | 0.08% | 598,137 -1,898,941 | -76% | -$383M |
|
120
GE HealthCare
GEHC
$33.7B
| $120M | 0.08% | 1,490,193 -219,442 | -13% | -$17.7M |
|
121
Sempra
SRE
$53.9B
| $120M | 0.08% | 1,682,096 -315,446 | -16% | -$22.5M |
|
122
Evergy
EVRG
$16.4B
| $119M | 0.08% | 1,730,849 +174,269 | +11% | +$12M |
|
123
Dominion Energy
D
$51.1B
| $117M | 0.08% | 2,086,948 +841,982 | +68% | +$47.2M |
|
124
IBM
IBM
$227B
| $116M | 0.08% | 466,565 -33,507 | -7% | -$8.33M |
|
125
Churchill Downs
CHDN
$7.27B
| $114M | 0.08% | 1,030,846 +30,444 | +3% | +$3.38M |
|