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
|
$701M |
| 2 |
Alibaba
BABA
|
$582M |
| 3 |
Goldman Sachs
GS
|
$496M |
| 4 |
Microsoft
MSFT
|
$372M |
| 5 |
Halliburton
HAL
|
$286M |
Top Sells
| 1 |
Walt Disney
DIS
|
$665M |
| 2 |
Kroger
KR
|
$551M |
| 3 |
Bristol-Myers Squibb
BMY
|
$528M |
| 4 |
Novo Nordisk
NVO
|
$457M |
| 5 |
Morgan Stanley
MS
|
$418M |
Sector Composition
| 1 | Consumer Discretionary | 19.69% |
| 2 | Technology | 18.08% |
| 3 | Healthcare | 16.2% |
| 4 | Communication Services | 11.92% |
| 5 | Financials | 9.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $4.24B | 4.57% | 5,068,942 -162,219 | -3% | -$136M |
|
2
Meta Platforms (Facebook)
META
$1.86T
| $2.99B | 3.22% | 23,316,938 -830,545 | -3% | -$107M |
|
3
Apple
AAPL
$3.45T
| $2.57B | 2.78% | 22,772,894 -3,394,958 | -13% | -$384M |
|
|
4
Alibaba
BABA
$322B
| $2.38B | 2.57% | 22,516,980 +5,496,854 | +32% | +$582M |
|
5
Visa
V
$683B
| $2.31B | 2.49% | 27,979,547 -534,621 | -2% | -$44.2M |
|
|
6
Microsoft
MSFT
$3.77T
| $2.17B | 2.33% | 37,586,956 +6,461,154 | +21% | +$372M |
|
7
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.79B | 1.93% | 2,225,180 -28,686 | -1% | -$23.1M |
|
|
8
Alphabet (Google) Class C
GOOG
$2.58T
| $1.71B | 1.85% | 2,204,465 +7,702 | +0.4% | +$5.99M |
|
|
AGN
9
DELISTED
Allergan plc
AGN
| $1.68B | 1.81% | 7,276,203 +878,672 | +14% | +$202M |
|
|
CELG
10
DELISTED
Celgene Corp
CELG
| $1.66B | 1.79% | 15,921,002 +1,967,645 | +14% | +$206M |
|
|
SHPG
11
DELISTED
Shire pic
SHPG
| $1.57B | 1.7% | 8,115,338 -178,692 | -2% | -$34.6M |
|
12
Mastercard
MA
$538B
| $1.57B | 1.69% | 15,450,341 -2,387,129 | -13% | -$243M |
|
13
Adobe
ADBE
$151B
| $1.51B | 1.62% | 13,873,721 -953,747 | -6% | -$104M |
|
14
Salesforce
CRM
$245B
| $1.48B | 1.6% | 20,758,784 +649,445 | +3% | +$46.3M |
|
15
Nike
NKE
$114B
| $1.21B | 1.3% | 22,903,462 -1,190,621 | -5% | -$62.7M |
|
|
16
Qualcomm
QCOM
$173B
| $1.2B | 1.3% | 17,576,366 +10,234,556 | +139% | +$701M |
|
17
Booking.com
BKNG
$181B
| $1.13B | 1.22% | 771,184 -86,981 | -10% | -$128M |
|
18
Netflix
NFLX
$513B
| $1.09B | 1.18% | 11,087,813 -2,227,131 | -17% | -$219M |
|
19
O'Reilly Automotive
ORLY
$88B
| $1.07B | 1.15% | 3,809,572 -505,709 | -12% | -$142M |
|
20
Marriott International Class A Common Stock
MAR
$72.7B
| $1.05B | 1.14% | 15,651,744 +214,904 | +1% | +$14.5M |
|
|
CXO
21
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.04B | 1.12% | 7,557,793 -75,199 | -1% | -$10.3M |
|
22
NXP Semiconductors
NXPI
$59.2B
| $999M | 1.08% | 9,789,636 +319,862 | +3% | +$32.6M |
|
|
RHT
23
DELISTED
Red Hat Inc
RHT
| $998M | 1.08% | 12,344,561 -3,433,693 | -22% | -$278M |
|
|
24
Bristol-Myers Squibb
BMY
$96B
| $985M | 1.06% | 18,273,435 -9,790,705 | -35% | -$528M |
|
25
Boeing
BA
$177B
| $981M | 1.06% | 7,444,592 -478,870 | -6% | -$63.1M |
|