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 |
Palantir
PLTR
|
+$1.65B |
| 2 |
GE Aerospace
GE
|
+$949M |
| 3 |
Lam Research
LRCX
|
+$564M |
| 4 |
KLA
KLAC
|
+$562M |
| 5 |
Cloudflare
NET
|
+$483M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.33B |
| 2 |
ServiceNow
NOW
|
+$984M |
| 3 |
Snowflake
SNOW
|
+$822M |
| 4 |
NVIDIA
NVDA
|
+$747M |
| 5 |
CrowdStrike
CRWD
|
+$712M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.45% |
| 2 | Communication Services | 14.46% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Healthcare | 9.16% |
| 5 | Industrials | 7.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Regal Rexnord
RRX
$14.1B
| $68M | 0.05% |
363,118
+67,333
| +23% | +$12.5M |
|
177
McDonald's
MCD
$188B
| $67.5M | 0.05% |
217,233
+69,088
| +47% | +$22M |
|
178
Houlihan Lokey
HLI
$8.77B
| $67.3M | 0.05% |
468,557
-119,210
| -20% | -$19.6M |
|
179
3M
MMM
$91.4B
| $67.2M | 0.05% |
462,741
-22,435
| -5% | -$3.57M |
|
180
Helios Technologies
HLIO
$2.65B
| $67M | 0.05% |
1,035,977
+239,876
| +30% | +$16.1M |
|
|
SEI
181
Solaris Energy Infrastructure
SEI
$3.4B
| $66.7M | 0.05% |
1,179,736
+805,319
| +215% | +$43.6M |
|
182
CVS Health
CVS
$134B
| $66.7M | 0.05% |
928,053
-467,906
| -34% | -$36M |
|
183
On Holding
ONON
$12.6B
| $66.6M | 0.05% |
1,957,674
-741,470
| -27% | -$32.4M |
|
184
MACOM Technology Solutions
MTSI
$19.5B
| $66.6M | 0.05% |
299,725
-52,925
| -15% | -$11.8M |
|
185
Lowe's Companies
LOW
$119B
| $66.1M | 0.05% |
279,549
-403,139
| -59% | -$105M |
|
186
DexCom
DXCM
$32.9B
| $65.8M | 0.05% |
1,048,097
-4,741,847
| -82% | -$330M |
|
187
Southern Copper
SCCO
$146B
| $65.6M | 0.05% |
384,900
-47,157
| -11% | -$8.63M |
|
188
Lifestance Health
LFST
$4.02B
| $65.2M | 0.04% |
10,228,801
+2,843,388
| +39% | +$19.8M |
|
189
American Electric Power
AEP
$69.9B
| $64.6M | 0.04% |
493,085
-10,643
| -2% | -$1.33M |
|
190
Hayward Holdings
HAYW
$3.28B
| $64.2M | 0.04% |
4,798,842
+90,733
| +2% | +$1.41M |
|
191
Atmos Energy
ATO
$28.9B
| $63.9M | 0.04% |
346,090
-6,958
| -2% | -$1.23M |
|
192
TTM Technologies
TTMI
$12.6B
| $62.5M | 0.04% |
641,532
+1,485
| +0.2% | +$141K |
|
193
NRG Energy
NRG
$29.2B
| $62.2M | 0.04% |
425,839
-84,726
| -17% | -$13.3M |
|
194
Flywire
FLYW
$2.05B
| $61.7M | 0.04% |
5,298,881
+878,248
| +20% | +$11M |
|
195
Cousins Properties
CUZ
$5.17B
| $61.4M | 0.04% |
2,720,874
+54,878
| +2% | +$1.33M |
|
196
DuPont de Nemours
DD
$19.1B
| $60.5M | 0.04% |
440,672
+249,936
| +131% | +$34.5M |
|
197
Chord Energy
CHRD
$7.84B
| $60.2M | 0.04% |
+423,338
| New | +$46.2M |
|
198
Chesapeake Utilities
CPK
$3.21B
| $60M | 0.04% |
474,863
-4,318
| -0.9% | -$556K |
|
199
EQT Corp
EQT
$33.5B
| $58.6M | 0.04% |
920,707
-31,067
| -3% | -$1.82M |
|
|
SION
200
Sionna Therapeutics
SION
$2.22B
| $58.2M | 0.04% |
1,451,220
+335,942
| +30% | +$12.8M |
|
Similar funds
Jennison Associates's Q1 2026 Portfolio in Review
As of Q1 2026, Jennison Associates held 653 positions worth $145B, down 13% from $167B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Jennison Associates withdrew a net $7.46B in Q1 2026, closing 91 positions and reducing 274 holdings. Its most notable exit was Sea Limited, an estimated $207M position sold in full.
By sector, the portfolio is most concentrated in Technology at 39% of assets, down from 42% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Palantir worth $1.57B.
- Jennison Associates's largest Q1 2026 buy was Palantir: 10,760,942 shares worth $1.57B.
- Jennison Associates added most to GE Aerospace in Q1 2026, an estimated $949M increase.
- Jennison Associates's biggest Q1 2026 reduction was Microsoft, cutting an estimated $1.33B.
- Jennison Associates fully exited Sea Limited in Q1 2026, selling an estimated $207M.
- Jennison Associates's ten largest holdings make up 46% of its $145B portfolio in Q1 2026.
- Jennison Associates opened 79 new positions and closed 91 in Q1 2026.
- Jennison Associates's portfolio value fell 13% quarter-over-quarter to $145B.
Based on Jennison Associates's 13F filing for Q1 2026, filed 6 May 2026.