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 | |
|---|---|---|---|---|---|---|
201
Verizon
VZ
$198B
| $58M | 0.04% |
1,155,460
-175,952
| -13% | -$8.15M |
|
202
Dow Inc
DOW
$21.6B
| $57.8M | 0.04% |
+1,386,562
| New | +$44M |
|
203
Crescent Energy
CRGY
$3.77B
| $57.4M | 0.04% |
4,254,407
+1,810,225
| +74% | +$19M |
|
204
Semtech
SMTC
$11.1B
| $57.2M | 0.04% |
744,380
+100,552
| +16% | +$8.27M |
|
205
Boston Scientific
BSX
$72B
| $56.3M | 0.04% |
897,775
-4,570,520
| -84% | -$366M |
|
206
Encompass Health
EHC
$11.2B
| $56M | 0.04% |
578,998
+18,219
| +3% | +$1.87M |
|
207
Dominion Energy
D
$60.5B
| $55.8M | 0.04% |
902,956
-19,489
| -2% | -$1.2M |
|
208
Ametek
AME
$55.9B
| $55M | 0.04% |
256,693
+123,719
| +93% | +$27.5M |
|
209
First Bancorp
FBNC
$2.64B
| $54.9M | 0.04% |
974,221
+247,859
| +34% | +$14.1M |
|
210
Targa Resources
TRGP
$56.8B
| $54.7M | 0.04% |
218,057
+59,496
| +38% | +$12.9M |
|
211
Monolithic Power Systems
MPWR
$66B
| $54M | 0.04% |
49,394
-12,434
| -20% | -$13.6M |
|
212
TeraWulf
WULF
$9.33B
| $53.4M | 0.04% |
+3,701,895
| New | +$54.9M |
|
213
Glaukos
GKOS
$10.1B
| $52.4M | 0.04% |
+487,020
| New | +$54.8M |
|
|
KRMN
214
Karman Holdings
KRMN
$6.68B
| $52.4M | 0.04% |
654,880
-216,267
| -25% | -$20.9M |
|
215
Cameco
CCJ
$39.1B
| $51.7M | 0.04% |
476,345
+26,768
| +6% | +$3.06M |
|
216
Intapp
INTA
$2.57B
| $51.6M | 0.04% |
2,008,826
+177,201
| +10% | +$5.28M |
|
217
Avient
AVNT
$3.43B
| $51.2M | 0.04% |
1,411,254
+691,316
| +96% | +$25.6M |
|
218
DTE Energy
DTE
$29.5B
| $50.9M | 0.04% |
347,792
-7,506
| -2% | -$1.06M |
|
219
Renasant Corp
RNST
$4.02B
| $50.6M | 0.03% |
1,399,604
+123,146
| +10% | +$4.63M |
|
|
AUGO
220
Aura Minerals Inc
AUGO
$4.73B
| $50.4M | 0.03% |
+617,378
| New | +$43.3M |
|
221
Mercury Systems
MRCY
$6.35B
| $50.2M | 0.03% |
688,114
+238,147
| +53% | +$20.7M |
|
222
GE HealthCare
GEHC
$31.5B
| $49.5M | 0.03% |
695,019
+111,434
| +19% | +$8.79M |
|
223
Apogee Therapeutics
APGE
$10.1B
| $49.2M | 0.03% |
585,016
+6,389
| +1% | +$464K |
|
224
Linde
LIN
$222B
| $49.2M | 0.03% |
99,232
-54,743
| -36% | -$25.8M |
|
225
Crown Holdings
CCK
$13B
| $49.1M | 0.03% |
489,944
-92,431
| -16% | -$9.88M |
|
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.