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 |
AstraZeneca
AZN
|
$677M |
| 2 |
Tesla
TSLA
|
$374M |
| 3 |
Constellation Brands
STZ
|
$357M |
| 4 |
NVIDIA
NVDA
|
$292M |
| 5 |
Meta Platforms (Facebook)
META
|
$264M |
Top Sells
| 1 |
Netflix
NFLX
|
$892M |
| 2 |
Charter Communications
CHTR
|
$838M |
| 3 |
AbbVie
ABBV
|
$553M |
| 4 |
Bristol-Myers Squibb
BMY
|
$488M |
| 5 |
FedEx
FDX
|
$418M |
Sector Composition
| 1 | Technology | 21.08% |
| 2 | Consumer Discretionary | 17.73% |
| 3 | Financials | 13.26% |
| 4 | Healthcare | 11.95% |
| 5 | Communication Services | 11.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $4.61B | 4.5% | 2,714,782 -164,979 | -6% | -$280M |
|
|
2
Netflix
NFLX
$513B
| $3.32B | 3.24% | 8,478,023 -2,278,324 | -21% | -$892M |
|
3
Microsoft
MSFT
$3.77T
| $3.23B | 3.15% | 32,752,471 -735,542 | -2% | -$72.5M |
|
4
Alibaba
BABA
$322B
| $3.15B | 3.07% | 16,982,467 -149,789 | -0.9% | -$27.8M |
|
5
Apple
AAPL
$3.45T
| $2.95B | 2.88% | 15,959,628 -2,172,402 | -12% | -$402M |
|
|
6
Meta Platforms (Facebook)
META
$1.86T
| $2.94B | 2.87% | 15,147,053 +1,360,607 | +10% | +$264M |
|
7
Mastercard
MA
$538B
| $2.82B | 2.75% | 14,330,021 +646,937 | +5% | +$127M |
|
8
Visa
V
$683B
| $2.46B | 2.4% | 18,580,939 -9,280 | -0% | -$1.23M |
|
9
Boeing
BA
$177B
| $2.46B | 2.4% | 7,329,510 +3,561 | +0% | +$1.19M |
|
10
Adobe
ADBE
$151B
| $2.27B | 2.21% | 9,304,729 -199,757 | -2% | -$48.7M |
|
11
Salesforce
CRM
$245B
| $2.27B | 2.21% | 16,621,772 -259,604 | -2% | -$35.4M |
|
12
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.97B | 1.92% | 1,740,929 +159,959 | +10% | +$181M |
|
|
13
Alphabet (Google) Class C
GOOG
$2.58T
| $1.85B | 1.81% | 1,662,006 +156,582 | +10% | +$175M |
|
|
14
NVIDIA
NVDA
$4.24T
| $1.85B | 1.8% | 7,800,112 +1,234,191 | +19% | +$292M |
|
15
JPMorgan Chase
JPM
$829B
| $1.72B | 1.67% | 16,463,579 -1,655,596 | -9% | -$173M |
|
16
UnitedHealth
UNH
$281B
| $1.62B | 1.58% | 6,616,652 +710,745 | +12% | +$174M |
|
|
17
Tesla
TSLA
$1.08T
| $1.49B | 1.45% | 4,332,187 +1,089,377 | +34% | +$374M |
|
18
Marriott International Class A Common Stock
MAR
$72.7B
| $1.44B | 1.4% | 11,347,439 +97,194 | +0.9% | +$12.3M |
|
19
Home Depot
HD
$405B
| $1.41B | 1.37% | 7,216,934 -1,063,260 | -13% | -$207M |
|
20
Broadcom
AVGO
$1.4T
| $1.39B | 1.36% | 5,739,014 -108,459 | -2% | -$26.3M |
|
21
Costco
COST
$418B
| $1.36B | 1.33% | 6,502,987 -111,926 | -2% | -$23.4M |
|
22
PayPal
PYPL
$67.1B
| $1.28B | 1.25% | 15,425,116 -1,214,158 | -7% | -$101M |
|
23
Estee Lauder
EL
$33B
| $1.26B | 1.23% | 8,841,379 -712,536 | -7% | -$102M |
|
24
Illumina
ILMN
$15.8B
| $1.2B | 1.17% | 4,297,581 +185,745 | +5% | +$51.9M |
|
25
Booking.com
BKNG
$181B
| $1.19B | 1.16% | 589,299 +119,238 | +25% | +$242M |
|