Jennison Associates Portfolio holdings
Jennison Associates is the research-driven stock investing arm of PGIM, the asset management business of Prudential Financial. It started in 1969, through a predecessor company, managing growth stock accounts of large U.S. companies, mainly for large institutions, and Prudential bought it in 1985. Its growth stock investors believe that rising earnings and cash flow drive share prices, and it also runs long-only and long/short portfolios of global healthcare companies. It began advising mutual funds in 1990 and also manages bond portfolios, choosing investments through its own company-by-company research. Its clients include pension plans, public employee retirement systems, foundations and endowments.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SpaceX
SPCX
|
+$1.27B |
| 2 |
Sandisk
SNDK
|
+$674M |
| 3 |
Credo Technology Group
CRDO
|
+$476M |
| 4 |
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 | Held Since | |
|---|---|---|---|---|---|---|---|
176
Five Below
FIVE
$13.6B
| $91.3M | 0.05% |
508,045
-54,905
| -10% | -$11.8M |
2024 Q4
6 quarters
|
|
177
Cactus
WHD
$5B
| $91.1M | 0.05% |
1,778,442
+64,741
| +4% | +$3.61M |
2018 Q1
33 quarters
|
|
178
Cousins Properties
CUZ
$4.89B
| $89.8M | 0.05% |
2,996,543
+275,669
| +10% | +$7.23M |
2016 Q4
38 quarters
|
|
179
Gulfport Energy Corp
GPOR
$2.87B
| $89.5M | 0.05% |
527,245
-93,602
| -15% | -$16.9M |
2024 Q4
6 quarters
|
|
180
Chevron
CVX
$427B
| $89.2M | 0.05% |
538,121
+3,425
| +0.6% | +$637K |
2013 Q3
51 quarters
|
|
181
VSE Corp
VSEC
$5.09B
| $89.2M | 0.05% |
390,312
-94,524
| -19% | -$18.2M |
2023 Q3
11 quarters
|
|
182
Helios Technologies
HLIO
$1.54B
| $87.2M | 0.05% |
977,554
-58,423
| -6% | -$4.48M |
2025 Q4
2 quarters
|
|
183
TTM Technologies
TTMI
$7.77B
| $85.3M | 0.05% |
456,071
-185,461
| -29% | -$29.9M |
2025 Q3
3 quarters
|
|
184
Evergy
EVRG
$20.8B
| $83.1M | 0.05% |
961,228
-31,275
| -3% | -$2.59M |
2024 Q1
9 quarters
|
|
185
Agilent Technologies
A
$49.1B
| $82.5M | 0.05% |
621,278
+278,571
| +81% | +$33.9M |
2024 Q1
9 quarters
|
|
186
Summit Hotel Properties
INN
$774M
| $81.7M | 0.05% |
11,653,415
+4,571,846
| +65% | +$25.2M |
2020 Q4
22 quarters
|
|
187
NRG Energy
NRG
$20.3B
| $81.2M | 0.05% |
556,033
+130,194
| +31% | +$18.7M |
2025 Q1
5 quarters
|
|
188
Trinity Industries
TRN
$2.39B
| $80.7M | 0.05% |
2,333,043
-110,278
| -5% | -$3.73M |
2017 Q1
37 quarters
|
|
189
Toast
TOST
$20.1B
| $76M | 0.05% |
2,730,780
-495,722
| -15% | -$12.9M |
2024 Q4
6 quarters
|
|
190
Lowe's Companies
LOW
$127B
| $75.3M | 0.05% |
341,388
+61,839
| +22% | +$14M |
2018 Q2
32 quarters
|
|
191
3M
MMM
$95.1B
| $75M | 0.05% |
463,235
+494
| +0.1% | +$74.9K |
2024 Q3
7 quarters
|
|
192
Crescent Energy
CRGY
$5.14B
| $74.5M | 0.04% |
7,589,933
+3,335,526
| +78% | +$40.8M |
2024 Q2
8 quarters
|
|
193
Amgen
AMGN
$252B
| $74.3M | 0.04% |
205,192
+75,212
| +58% | +$25.7M |
2022 Q2
16 quarters
|
|
194
DuPont de Nemours
DD
$20.4B
| $73.2M | 0.04% |
539,760
+99,088
| +22% | +$14.1M |
2022 Q1
17 quarters
|
|
195
uniQure
QURE
$1.69B
| $71.9M | 0.04% |
1,561,412
+327,623
| +27% | +$8.58M |
2025 Q2
4 quarters
|
|
196
NewAmsterdam Pharma
NAMS
$2.42B
| $71.2M | 0.04% |
2,102,286
-648,117
| -24% | -$21.4M |
2024 Q1
9 quarters
|
|
197
RenaissanceRe
RNR
$14.2B
| $71.2M | 0.04% |
224,662
-115,915
| -34% | -$34.8M |
2018 Q1
33 quarters
|
|
198
Talen Energy Corp
TLN
$16.3B
| $71.1M | 0.04% |
185,119
-35,494
| -16% | -$13M |
2024 Q3
7 quarters
|
|
199
Performance Food Group
PFGC
$17.6B
| $70.7M | 0.04% |
632,146
-234,437
| -27% | -$22.3M |
2015 Q4
42 quarters
|
|
200
Avient
AVNT
$4.1B
| $68.9M | 0.04% |
1,864,693
+453,439
| +32% | +$16.4M |
2014 Q2
48 quarters
|
|
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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.