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 |
Merck
MRK
|
$921M |
| 2 |
Union Pacific
UNP
|
$581M |
| 3 |
Salesforce
CRM
|
$417M |
| 4 |
Edwards Lifesciences
EW
|
$409M |
| 5 |
ServiceNow
NOW
|
$316M |
Top Sells
| 1 |
Caterpillar
CAT
|
$664M |
| 2 |
RHT
Red Hat Inc
RHT
|
$632M |
| 3 |
Texas Instruments
TXN
|
$571M |
| 4 |
Bristol-Myers Squibb
BMY
|
$540M |
| 5 |
Parker-Hannifin
PH
|
$513M |
Sector Composition
| 1 | Technology | 21.1% |
| 2 | Healthcare | 17.5% |
| 3 | Consumer Discretionary | 17.06% |
| 4 | Financials | 12.7% |
| 5 | Communication Services | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $4.22B | 4.72% | 2,809,626 +144,666 | +5% | +$217M |
|
2
Microsoft
MSFT
$3.77T
| $3.53B | 3.95% | 34,729,452 -64,556 | -0.2% | -$6.56M |
|
3
Mastercard
MA
$538B
| $2.78B | 3.12% | 14,760,545 -263,143 | -2% | -$49.6M |
|
|
4
Salesforce
CRM
$245B
| $2.69B | 3.01% | 19,671,694 +3,041,293 | +18% | +$417M |
|
5
Netflix
NFLX
$513B
| $2.57B | 2.87% | 9,598,888 +792,338 | +9% | +$212M |
|
6
Boeing
BA
$177B
| $2.52B | 2.82% | 7,817,279 +245,100 | +3% | +$79M |
|
7
Visa
V
$683B
| $2.28B | 2.55% | 17,301,374 +271,382 | +2% | +$35.8M |
|
8
Apple
AAPL
$3.45T
| $2.24B | 2.51% | 14,216,894 -1,423,803 | -9% | -$225M |
|
9
Alibaba
BABA
$322B
| $2.13B | 2.38% | 15,519,580 -1,118,189 | -7% | -$153M |
|
10
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.1B | 2.35% | 2,007,710 +84,865 | +4% | +$88.7M |
|
11
Adobe
ADBE
$151B
| $2.06B | 2.3% | 9,101,137 +249,440 | +3% | +$56.4M |
|
|
12
Alphabet (Google) Class C
GOOG
$2.58T
| $1.94B | 2.17% | 1,871,132 +76,345 | +4% | +$79.1M |
|
13
Meta Platforms (Facebook)
META
$1.86T
| $1.93B | 2.16% | 14,696,156 -693,371 | -5% | -$90.9M |
|
14
Tesla
TSLA
$1.08T
| $1.77B | 1.98% | 5,322,358 +505,076 | +10% | +$168M |
|
15
AstraZeneca
AZN
$248B
| $1.74B | 1.95% | 45,796,787 +6,052,483 | +15% | +$230M |
|
16
Illumina
ILMN
$15.8B
| $1.64B | 1.84% | 5,479,564 +653,348 | +14% | +$196M |
|
17
UnitedHealth
UNH
$281B
| $1.6B | 1.79% | 6,420,901 -159,797 | -2% | -$39.8M |
|
18
JPMorgan Chase
JPM
$829B
| $1.35B | 1.51% | 13,823,928 -996,983 | -7% | -$97.3M |
|
19
Nike
NKE
$114B
| $1.32B | 1.48% | 17,818,715 +1,723,608 | +11% | +$128M |
|
20
Costco
COST
$418B
| $1.31B | 1.47% | 6,452,240 +67,206 | +1% | +$13.7M |
|
21
Workday
WDAY
$61.6B
| $1.3B | 1.46% | 8,164,202 +462,730 | +6% | +$73.9M |
|
|
22
Merck
MRK
$210B
| $1.21B | 1.35% | 15,777,286 +12,048,406 | +323% | +$921M |
|
23
Vertex Pharmaceuticals
VRTX
$100B
| $1.15B | 1.29% | 6,941,621 +739,128 | +12% | +$122M |
|
24
Home Depot
HD
$405B
| $1.08B | 1.21% | 6,280,864 -456,794 | -7% | -$78.5M |
|
25
Marriott International Class A Common Stock
MAR
$72.7B
| $1.03B | 1.15% | 9,468,297 -1,405,419 | -13% | -$153M |
|