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 | |
|---|---|---|---|---|---|---|
176
CoStar Group
CSGP
$37.3B
| $61.1M | 0.06% |
1,103,230
-207,930
| -16% | -$11.5M |
|
177
Elevance Health
ELV
$69.4B
| $60.9M | 0.06% |
215,799
+24,638
| +13% | +$6.95M |
|
178
American Water Works
AWK
$27.3B
| $60.7M | 0.06% |
523,236
| – | – |
|
179
Alliant Energy
LNT
$16.5B
| $60.2M | 0.06% |
1,226,261
| – | – |
|
180
Philip Morris
PM
$253B
| $59.9M | 0.06% |
762,944
-35,799
| -4% | -$2.81M |
|
181
Vail Resorts
MTN
$5.64B
| $59M | 0.06% |
264,407
-157,645
| -37% | -$35.2M |
|
182
Albemarle
ALB
$8.54B
| $59M | 0.06% |
838,032
-537,727
| -39% | -$37.9M |
|
183
Universal Display
OLED
$6.91B
| $58.8M | 0.06% |
312,534
-24,930
| -7% | -$4.69M |
|
184
Etsy
ETSY
$5.77B
| $58.5M | 0.06% |
953,261
+392,958
| +70% | +$24.1M |
|
185
Hilton Worldwide
HLT
$65.3B
| $58.3M | 0.06% |
596,007
-51,761
| -8% | -$5.06M |
|
186
Nokia
NOK
$24.7B
| $58.1M | 0.06% |
11,590,321
-853,500
| -7% | -$4.28M |
|
187
Guidewire Software
GWRE
$21.6B
| $57.6M | 0.06% |
568,494
+30,424
| +6% | +$3.08M |
|
188
Cigna
CI
$80.3B
| $57.6M | 0.06% |
365,654
-142,161
| -28% | -$22.4M |
|
189
PTC
PTC
$25.5B
| $57.2M | 0.06% |
637,723
-145,740
| -19% | -$13.1M |
|
|
HZNP
190
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $57M | 0.06% |
2,370,618
+167,929
| +8% | +$4.04M |
|
191
Suncor Energy
SU
$49.7B
| $57M | 0.06% |
1,829,938
-170,341
| -9% | -$5.31M |
|
192
Caterpillar
CAT
$198B
| $56.7M | 0.06% |
416,159
-19,013
| -4% | -$2.59M |
|
193
Tapestry
TPR
$21.8B
| $56.4M | 0.06% |
1,777,361
-653,127
| -27% | -$20.7M |
|
194
Humana
HUM
$32.8B
| $56.3M | 0.06% |
212,365
-669
| -0.3% | -$177K |
|
195
Zoetis
ZTS
$67.3B
| $56.3M | 0.06% |
496,317
-203,693
| -29% | -$23.1M |
|
196
Merit Medical Systems
MMSI
$5.47B
| $55.7M | 0.06% |
934,955
+150,000
| +19% | +$8.93M |
|
197
Darling Ingredients
DAR
$4.94B
| $55.4M | 0.06% |
2,785,732
-523,652
| -16% | -$10.4M |
|
|
B
198
Barrick Mining Corporation
B
$49.7B
| $55.4M | 0.06% |
3,512,449
+1,719,732
| +96% | +$27.1M |
|
199
Xcel Energy
XEL
$42.4B
| $55.3M | 0.05% |
929,809
| – | – |
|
|
ACC
200
DELISTED
American Campus Communities, Inc.
ACC
| $55.2M | 0.05% |
1,194,923
-20,142
| -2% | -$930K |
|