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 |
Mastercard
MA
|
$2.08B |
| 2 |
Novo Nordisk
NVO
|
$973M |
| 3 |
Perrigo
PRGO
|
$659M |
| 4 |
Merck
MRK
|
$636M |
| 5 |
Las Vegas Sands
LVS
|
$380M |
Top Sells
| 1 |
Ralph Lauren
RL
|
$518M |
| 2 |
eBay
EBAY
|
$474M |
| 3 |
Estee Lauder
EL
|
$419M |
| 4 |
Goldman Sachs
GS
|
$314M |
| 5 |
TechnipFMC
FTI
|
$313M |
Sector Composition
| 1 | Healthcare | 20.08% |
| 2 | Consumer Discretionary | 13.88% |
| 3 | Communication Services | 10.65% |
| 4 | Technology | 10.56% |
| 5 | Energy | 9.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Alphabet (Google) Class C
GOOG
$2.58T
| $2.91B | 2.78% | 2,612,766 -90,201 | -3% | -$101M |
|
2
Apple
AAPL
$3.45T
| $2.42B | 2.31% | 4,501,508 -315,253 | -7% | -$169M |
|
|
3
Mastercard
MA
$538B
| $2.34B | 2.24% | 31,303,309 +27,906,838 | +822% | +$2.08B |
|
4
Amazon
AMZN
$2.44T
| $2.02B | 1.93% | 6,007,754 -111,461 | -2% | -$37.5M |
|
5
Biogen
BIIB
$19.4B
| $1.94B | 1.85% | 6,337,153 -168,678 | -3% | -$51.6M |
|
6
Meta Platforms (Facebook)
META
$1.86T
| $1.71B | 1.63% | 28,314,947 +4,015,982 | +17% | +$242M |
|
7
Booking.com
BKNG
$181B
| $1.56B | 1.49% | 1,308,824 -240,569 | -16% | -$287M |
|
8
Bristol-Myers Squibb
BMY
$96B
| $1.51B | 1.44% | 29,020,312 -819,155 | -3% | -$42.6M |
|
|
MON
9
DELISTED
Monsanto Co
MON
| $1.5B | 1.43% | 13,153,624 -982,965 | -7% | -$112M |
|
10
Nike
NKE
$114B
| $1.34B | 1.29% | 18,202,650 +1,944,976 | +12% | +$144M |
|
|
11
Merck
MRK
$210B
| $1.32B | 1.27% | 23,324,525 +11,195,348 | +92% | +$636M |
|
|
AGN
12
DELISTED
ALLERGAN INC
AGN
| $1.32B | 1.27% | 10,664,005 -63,031 | -0.6% | -$7.82M |
|
13
Visa
V
$683B
| $1.3B | 1.24% | 6,000,246 +177,394 | +3% | +$38.3M |
|
|
ALXN
14
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $1.28B | 1.22% | 8,381,170 -16,719 | -0.2% | -$2.54M |
|
15
Schlumberger
SLB
$55B
| $1.24B | 1.18% | 12,680,375 +2,064,989 | +19% | +$201M |
|
16
TJX Companies
TJX
$152B
| $1.23B | 1.18% | 20,281,927 -1,854,657 | -8% | -$112M |
|
|
17
Novo Nordisk
NVO
$251B
| $1.21B | 1.16% | 26,535,249 +21,315,845 | +408% | +$973M |
|
18
Salesforce
CRM
$245B
| $1.2B | 1.14% | 20,956,125 +147,332 | +0.7% | +$8.41M |
|
19
Boeing
BA
$177B
| $1.15B | 1.1% | 9,186,530 -831,849 | -8% | -$104M |
|
|
CXO
20
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.15B | 1.1% | 9,392,629 +5,381 | +0.1% | +$659K |
|
21
Walt Disney
DIS
$213B
| $1.14B | 1.09% | 14,260,659 -263,187 | -2% | -$21.1M |
|
22
Gilead Sciences
GILD
$140B
| $1.13B | 1.08% | 15,915,758 -313,104 | -2% | -$22.2M |
|
23
Capri Holdings
CPRI
$2.45B
| $1.1B | 1.05% | 11,776,993 -338,725 | -3% | -$31.6M |
|
|
PCP
24
DELISTED
PRECISION CASTPARTS CORP
PCP
| $1.09B | 1.05% | 4,324,353 -26,360 | -0.6% | -$6.66M |
|
25
Illumina
ILMN
$15.8B
| $1.09B | 1.04% | 7,312,444 -1,186,611 | -14% | -$176M |
|