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 |
Bristol-Myers Squibb
BMY
|
$766M |
| 2 |
Adobe
ADBE
|
$529M |
| 3 |
Merck
MRK
|
$463M |
| 4 |
Tesla
TSLA
|
$359M |
| 5 |
AGN
Allergan plc
AGN
|
$339M |
Top Sells
| 1 |
UnitedHealth
UNH
|
$714M |
| 2 |
Gilead Sciences
GILD
|
$600M |
| 3 |
Perrigo
PRGO
|
$585M |
| 4 |
EMC
EMC CORPORATION
EMC
|
$448M |
| 5 |
Morgan Stanley
MS
|
$423M |
Sector Composition
| 1 | Healthcare | 17.95% |
| 2 | Consumer Discretionary | 15% |
| 3 | Communication Services | 10.58% |
| 4 | Technology | 9.94% |
| 5 | Financials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Alphabet (Google) Class C
GOOG
$2.58T
| $3.03B | 2.97% | 2,702,967 -41,463 | -2% | -$46.5M |
|
2
Mastercard
MA
$538B
| $2.84B | 2.78% | 3,396,471 -142,291 | -4% | -$119M |
|
3
Apple
AAPL
$3.45T
| $2.7B | 2.65% | 4,816,761 -664,599 | -12% | -$373M |
|
4
Amazon
AMZN
$2.44T
| $2.44B | 2.39% | 6,119,215 -731,952 | -11% | -$292M |
|
5
Biogen
BIIB
$19.4B
| $1.82B | 1.79% | 6,505,831 +117,882 | +2% | +$33M |
|
6
Booking.com
BKNG
$181B
| $1.8B | 1.77% | 1,549,393 -120,700 | -7% | -$140M |
|
|
MON
7
DELISTED
Monsanto Co
MON
| $1.65B | 1.62% | 14,136,589 -437,785 | -3% | -$51M |
|
|
8
Bristol-Myers Squibb
BMY
$96B
| $1.59B | 1.56% | 29,839,467 +14,403,585 | +93% | +$766M |
|
9
TJX Companies
TJX
$152B
| $1.41B | 1.38% | 22,136,584 -1,548,925 | -7% | -$98.7M |
|
10
Boeing
BA
$177B
| $1.37B | 1.34% | 10,018,379 -1,118,541 | -10% | -$153M |
|
11
Meta Platforms (Facebook)
META
$1.86T
| $1.33B | 1.3% | 24,298,965 -1,442,348 | -6% | -$78.8M |
|
12
Visa
V
$683B
| $1.3B | 1.27% | 5,822,852 +558,518 | +11% | +$124M |
|
13
Nike
NKE
$114B
| $1.28B | 1.25% | 16,257,674 -1,114,726 | -6% | -$87.7M |
|
14
Goldman Sachs
GS
$226B
| $1.26B | 1.24% | 7,114,238 +957,249 | +16% | +$170M |
|
|
15
Gilead Sciences
GILD
$140B
| $1.22B | 1.2% | 16,228,862 -7,985,052 | -33% | -$600M |
|
|
AGN
16
DELISTED
ALLERGAN INC
AGN
| $1.19B | 1.17% | 10,727,036 +1,299,673 | +14% | +$144M |
|
|
LNKD
17
DELISTED
LinkedIn Corporation
LNKD
| $1.18B | 1.16% | 5,455,470 -245,878 | -4% | -$53.3M |
|
|
PCP
18
DELISTED
PRECISION CASTPARTS CORP
PCP
| $1.17B | 1.15% | 4,350,713 +206,315 | +5% | +$55.6M |
|
19
Salesforce
CRM
$245B
| $1.15B | 1.13% | 20,808,793 -2,185,260 | -10% | -$121M |
|
|
ALXN
20
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $1.12B | 1.1% | 8,397,889 -237,117 | -3% | -$31.6M |
|
21
Walt Disney
DIS
$213B
| $1.11B | 1.09% | 14,523,846 -520,369 | -3% | -$39.8M |
|
22
Mondelez International
MDLZ
$79.5B
| $1.11B | 1.09% | 31,422,241 -728,667 | -2% | -$25.7M |
|
23
Costco
COST
$418B
| $1.08B | 1.06% | 9,086,063 -339,462 | -4% | -$40.4M |
|
|
CXO
24
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.01B | 0.99% | 9,387,248 +242,549 | +3% | +$26.2M |
|
25
Vertex Pharmaceuticals
VRTX
$100B
| $1B | 0.98% | 13,474,878 -469,415 | -3% | -$34.9M |
|