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 |
PayPal
PYPL
|
$650M |
| 2 |
Home Depot
HD
|
$617M |
| 3 |
Costco
COST
|
$570M |
| 4 |
Caterpillar
CAT
|
$524M |
| 5 |
AbbVie
ABBV
|
$506M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Booking.com
BKNG
|
$555M |
| 3 |
CELG
Celgene Corp
CELG
|
$537M |
| 4 |
Crown Castle
CCI
|
$509M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
$423M |
Sector Composition
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.65% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.57% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $4.24B | 4.19% | 25,072,154 -1,621,737 | -6% | -$274M |
|
2
Amazon
AMZN
$2.44T
| $3.34B | 3.3% | 2,853,706 -203,156 | -7% | -$238M |
|
3
Alibaba
BABA
$322B
| $3.11B | 3.07% | 18,011,768 +14,315 | +0.1% | +$2.47M |
|
4
Meta Platforms (Facebook)
META
$1.86T
| $3.09B | 3.05% | 17,511,393 -2,332,234 | -12% | -$412M |
|
5
Microsoft
MSFT
$3.77T
| $3B | 2.96% | 35,032,576 -1,501,623 | -4% | -$128M |
|
6
Visa
V
$683B
| $2.38B | 2.35% | 20,903,001 -380,465 | -2% | -$43.4M |
|
7
Mastercard
MA
$538B
| $2.31B | 2.28% | 15,246,959 +82,024 | +0.5% | +$12.4M |
|
8
Netflix
NFLX
$513B
| $2.19B | 2.16% | 11,411,727 -2,123,240 | -16% | -$408M |
|
9
Boeing
BA
$177B
| $2.02B | 2% | 6,854,818 -18,310 | -0.3% | -$5.4M |
|
10
Adobe
ADBE
$151B
| $1.88B | 1.86% | 10,749,470 -129,264 | -1% | -$22.7M |
|
11
JPMorgan Chase
JPM
$829B
| $1.84B | 1.81% | 17,180,823 +1,804,721 | +12% | +$193M |
|
12
Salesforce
CRM
$245B
| $1.83B | 1.81% | 17,886,110 -404,920 | -2% | -$41.4M |
|
13
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.81B | 1.79% | 1,720,710 -55,652 | -3% | -$58.6M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $1.75B | 1.72% | 1,667,858 -57,944 | -3% | -$60.6M |
|
15
Marriott International Class A Common Stock
MAR
$72.7B
| $1.65B | 1.63% | 12,149,996 +199,057 | +2% | +$27M |
|
|
16
Home Depot
HD
$405B
| $1.56B | 1.54% | 8,227,834 +3,254,382 | +65% | +$617M |
|
17
McDonald's
MCD
$224B
| $1.52B | 1.5% | 8,820,228 +1,848,111 | +27% | +$318M |
|
18
Bristol-Myers Squibb
BMY
$96B
| $1.51B | 1.49% | 24,573,968 -2,280,274 | -8% | -$140M |
|
19
Broadcom
AVGO
$1.4T
| $1.43B | 1.42% | 5,583,858 +418,420 | +8% | +$107M |
|
20
Goldman Sachs
GS
$226B
| $1.41B | 1.39% | 5,538,407 +727,698 | +15% | +$185M |
|
21
UnitedHealth
UNH
$281B
| $1.35B | 1.33% | 6,107,513 +565,536 | +10% | +$125M |
|
|
22
Costco
COST
$418B
| $1.23B | 1.22% | 6,611,043 +3,062,864 | +86% | +$570M |
|
23
Estee Lauder
EL
$33B
| $1.21B | 1.2% | 9,533,553 +3,372,279 | +55% | +$429M |
|
|
24
NVIDIA
NVDA
$4.24T
| $1.21B | 1.2% | 6,253,980 -3,912,903 | -38% | -$757M |
|
|
25
PayPal
PYPL
$67.1B
| $1.2B | 1.19% | 16,354,298 +8,827,558 | +117% | +$650M |
|