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 |
Estee Lauder
EL
|
$664M |
| 2 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$657M |
| 3 |
UnitedHealth
UNH
|
$644M |
| 4 |
AbbVie
ABBV
|
$544M |
| 5 |
PayPal
PYPL
|
$482M |
Top Sells
| 1 |
O'Reilly Automotive
ORLY
|
$559M |
| 2 |
SHPG
Shire pic
SHPG
|
$454M |
| 3 |
Amazon
AMZN
|
$448M |
| 4 |
Alibaba
BABA
|
$423M |
| 5 |
Ulta Beauty
ULTA
|
$412M |
Sector Composition
| 1 | Technology | 21.02% |
| 2 | Healthcare | 15.35% |
| 3 | Consumer Discretionary | 14.87% |
| 4 | Communication Services | 13.03% |
| 5 | Financials | 11.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $4.11B | 4.21% | 26,693,891 -429,004 | -2% | -$66.1M |
|
2
Meta Platforms (Facebook)
META
$1.86T
| $3.39B | 3.47% | 19,843,627 -493,305 | -2% | -$84.3M |
|
|
3
Alibaba
BABA
$322B
| $3.11B | 3.18% | 17,997,453 -2,450,657 | -12% | -$423M |
|
|
4
Amazon
AMZN
$2.44T
| $2.94B | 3.01% | 3,056,862 -465,992 | -13% | -$448M |
|
5
Microsoft
MSFT
$3.77T
| $2.72B | 2.79% | 36,534,199 -687,960 | -2% | -$51.2M |
|
6
Netflix
NFLX
$513B
| $2.45B | 2.51% | 13,534,967 -1,249,122 | -8% | -$227M |
|
7
Visa
V
$683B
| $2.24B | 2.29% | 21,283,466 +209,764 | +1% | +$22.1M |
|
|
CELG
8
DELISTED
Celgene Corp
CELG
| $2.18B | 2.23% | 14,962,407 +1,546,673 | +12% | +$226M |
|
9
Mastercard
MA
$538B
| $2.14B | 2.19% | 15,164,935 -669,214 | -4% | -$94.5M |
|
10
NVIDIA
NVDA
$4.24T
| $1.82B | 1.86% | 10,166,883 -1,157,879 | -10% | -$207M |
|
11
Boeing
BA
$177B
| $1.75B | 1.79% | 6,873,128 +1,160,859 | +20% | +$295M |
|
12
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.73B | 1.77% | 1,776,362 -129,468 | -7% | -$126M |
|
13
Bristol-Myers Squibb
BMY
$96B
| $1.71B | 1.75% | 26,854,242 +3,735,453 | +16% | +$238M |
|
14
Salesforce
CRM
$245B
| $1.71B | 1.75% | 18,291,030 -528,782 | -3% | -$49.4M |
|
|
15
Alphabet (Google) Class C
GOOG
$2.58T
| $1.66B | 1.7% | 1,725,802 -130,629 | -7% | -$125M |
|
16
Adobe
ADBE
$151B
| $1.62B | 1.66% | 10,878,734 -973,146 | -8% | -$145M |
|
17
JPMorgan Chase
JPM
$829B
| $1.47B | 1.5% | 15,376,102 +1,915,039 | +14% | +$183M |
|
18
Booking.com
BKNG
$181B
| $1.47B | 1.5% | 801,759 -61,014 | -7% | -$112M |
|
19
Marriott International Class A Common Stock
MAR
$72.7B
| $1.32B | 1.35% | 11,950,939 -698,835 | -6% | -$77.1M |
|
20
Charter Communications
CHTR
$36.3B
| $1.31B | 1.34% | 3,602,322 -26,247 | -0.7% | -$9.54M |
|
|
ATVI
21
DELISTED
Activision Blizzard Inc.
ATVI
| $1.3B | 1.33% | 20,126,301 -2,161,290 | -10% | -$139M |
|
22
Broadcom
AVGO
$1.4T
| $1.25B | 1.28% | 5,165,438 -180,430 | -3% | -$43.8M |
|
23
BioMarin Pharmaceuticals
BMRN
$11.2B
| $1.15B | 1.17% | 12,314,357 -928,416 | -7% | -$86.4M |
|
24
Goldman Sachs
GS
$226B
| $1.14B | 1.17% | 4,810,709 -1,474,751 | -23% | -$350M |
|
25
McDonald's
MCD
$224B
| $1.09B | 1.12% | 6,972,117 +862,287 | +14% | +$135M |
|