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
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPCX
SpaceX
SPCX
|
+$1.27B |
| 2 |
SNDK
Sandisk
SNDK
|
+$674M |
| 3 |
Credo Technology Group
CRDO
|
+$476M |
| 4 |
NBIS
Nebius Group N.V.
NBIS
|
+$452M |
| 5 |
Vertiv
VRT
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.98B |
| 2 |
Amazon
AMZN
|
+$1.25B |
| 3 |
Shopify
SHOP
|
+$1.08B |
| 4 |
Edwards Lifesciences
EW
|
+$1.07B |
| 5 |
Microsoft
MSFT
|
+$630M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.11% |
| 2 | Communication Services | 13.94% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Industrials | 9.08% |
| 5 | Healthcare | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Five Below
FIVE
$13.4B
| $91.3M | 0.05% |
508,045
-54,905
| -10% | -$11.8M |
|
177
Cactus
WHD
$4.86B
| $91.1M | 0.05% |
1,778,442
+64,741
| +4% | +$3.61M |
|
178
Cousins Properties
CUZ
$4.85B
| $89.8M | 0.05% |
2,996,543
+275,669
| +10% | +$7.23M |
|
179
Gulfport Energy Corp
GPOR
$3.12B
| $89.5M | 0.05% |
527,245
-93,602
| -15% | -$16.9M |
|
180
Chevron
CVX
$396B
| $89.2M | 0.05% |
538,121
+3,425
| +0.6% | +$637K |
|
181
VSE Corp
VSEC
$6.06B
| $89.2M | 0.05% |
390,312
-94,524
| -19% | -$18.2M |
|
182
Helios Technologies
HLIO
$2.41B
| $87.2M | 0.05% |
977,554
-58,423
| -6% | -$4.48M |
|
183
TTM Technologies
TTMI
$12.5B
| $85.3M | 0.05% |
456,071
-185,461
| -29% | -$29.9M |
|
184
Evergy
EVRG
$18.6B
| $83.1M | 0.05% |
961,228
-31,275
| -3% | -$2.59M |
|
185
Agilent Technologies
A
$43.4B
| $82.5M | 0.05% |
621,278
+278,571
| +81% | +$33.9M |
|
|
INN
186
Summit Hotel Properties
INN
$654M
| $81.7M | 0.05% |
11,653,415
+4,571,846
| +65% | +$25.2M |
|
187
NRG Energy
NRG
$23.4B
| $81.2M | 0.05% |
556,033
+130,194
| +31% | +$18.7M |
|
188
Trinity Industries
TRN
$2.33B
| $80.7M | 0.05% |
2,333,043
-110,278
| -5% | -$3.73M |
|
189
Toast
TOST
$20.3B
| $76M | 0.05% |
2,730,780
-495,722
| -15% | -$12.9M |
|
190
Lowe's Companies
LOW
$117B
| $75.3M | 0.05% |
341,388
+61,839
| +22% | +$14M |
|
191
3M
MMM
$89.9B
| $75M | 0.05% |
463,235
+494
| +0.1% | +$74.9K |
|
192
Crescent Energy
CRGY
$4.47B
| $74.5M | 0.04% |
7,589,933
+3,335,526
| +78% | +$40.8M |
|
193
Amgen
AMGN
$234B
| $74.3M | 0.04% |
205,192
+75,212
| +58% | +$25.7M |
|
194
DuPont de Nemours
DD
$18.5B
| $73.2M | 0.04% |
539,760
+99,088
| +22% | +$14.1M |
|
195
uniQure
QURE
$3.38B
| $71.9M | 0.04% |
1,561,412
+327,623
| +27% | +$8.58M |
|
196
NewAmsterdam Pharma
NAMS
$3.1B
| $71.2M | 0.04% |
2,102,286
-648,117
| -24% | -$21.4M |
|
197
RenaissanceRe
RNR
$13.7B
| $71.2M | 0.04% |
224,662
-115,915
| -34% | -$34.8M |
|
|
TLN
198
Talen Energy Corp
TLN
$14.2B
| $71.1M | 0.04% |
185,119
-35,494
| -16% | -$13M |
|
199
Performance Food Group
PFGC
$15.8B
| $70.7M | 0.04% |
632,146
-234,437
| -27% | -$22.3M |
|
200
Avient
AVNT
$4.1B
| $68.9M | 0.04% |
1,864,693
+453,439
| +32% | +$16.4M |
|
Similar funds
Jennison Associates's Q2 2026 Portfolio in Review
As of Q2 2026, Jennison Associates held 641 positions worth $167B, up 15% from $145B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Jennison Associates withdrew a net $6.22B in Q2 2026, closing 74 positions and reducing 282 holdings. Its most notable exit was Gilead Sciences, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, up from 39% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in SpaceX worth $1.27B.
- Jennison Associates's largest Q2 2026 buy was SpaceX: 7,448,891 shares worth $1.27B.
- Jennison Associates added most to Credo Technology Group in Q2 2026, an estimated $476M increase.
- Jennison Associates's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $1.98B.
- Jennison Associates fully exited Gilead Sciences in Q2 2026, selling an estimated $176M.
- Jennison Associates's ten largest holdings make up 45% of its $167B portfolio in Q2 2026.
- Jennison Associates opened 79 new positions and closed 74 in Q2 2026.
- Jennison Associates's portfolio value rose 15% quarter-over-quarter to $167B.
Based on Jennison Associates's 13F filing for Q2 2026, filed 3 Aug 2026.