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
|
$1.06B |
| 2 |
Walt Disney
DIS
|
$962M |
| 3 |
lululemon athletica
LULU
|
$451M |
| 4 |
ServiceNow
NOW
|
$399M |
| 5 |
SAP
SAP
|
$349M |
Top Sells
| 1 |
Merck
MRK
|
$923M |
| 2 |
RHT
Red Hat Inc
RHT
|
$668M |
| 3 |
UnitedHealth
UNH
|
$610M |
| 4 |
Bristol-Myers Squibb
BMY
|
$529M |
| 5 |
AstraZeneca
AZN
|
$395M |
Sector Composition
| 1 | Technology | 24.86% |
| 2 | Consumer Discretionary | 16.28% |
| 3 | Healthcare | 15.33% |
| 4 | Financials | 12.46% |
| 5 | Communication Services | 12.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $5.23B | 5.19% | 2,760,373 -200,374 | -7% | -$379M |
|
2
Microsoft
MSFT
$3.77T
| $4.22B | 4.19% | 31,504,877 -137,195 | -0.4% | -$18.4M |
|
3
Mastercard
MA
$538B
| $3.67B | 3.64% | 13,855,344 -908,561 | -6% | -$240M |
|
4
Salesforce
CRM
$245B
| $3.27B | 3.25% | 21,575,462 +1,673,392 | +8% | +$254M |
|
5
Meta Platforms (Facebook)
META
$1.86T
| $3.08B | 3.06% | 15,973,272 +1,758,154 | +12% | +$339M |
|
6
Netflix
NFLX
$513B
| $3B | 2.98% | 8,171,982 -710,531 | -8% | -$261M |
|
7
Visa
V
$683B
| $2.8B | 2.78% | 16,123,819 -1,207,694 | -7% | -$210M |
|
8
Adobe
ADBE
$151B
| $2.39B | 2.37% | 8,116,836 -484,903 | -6% | -$143M |
|
9
Alibaba
BABA
$322B
| $2.34B | 2.32% | 13,785,493 +63,523 | +0.5% | +$10.8M |
|
10
Boeing
BA
$177B
| $2.33B | 2.31% | 6,392,907 -988,467 | -13% | -$360M |
|
11
Illumina
ILMN
$15.8B
| $2.2B | 2.18% | 5,976,219 +296,541 | +5% | +$109M |
|
12
Apple
AAPL
$3.45T
| $2.13B | 2.12% | 10,778,745 -1,105,525 | -9% | -$219M |
|
13
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.08B | 2.06% | 1,918,617 -232,921 | -11% | -$252M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $2.01B | 2% | 1,863,869 -156,654 | -8% | -$169M |
|
15
Nike
NKE
$114B
| $1.97B | 1.96% | 23,510,331 +2,809,878 | +14% | +$236M |
|
16
Workday
WDAY
$61.6B
| $1.78B | 1.76% | 8,652,369 -64,113 | -0.7% | -$13.2M |
|
17
PayPal
PYPL
$67.1B
| $1.66B | 1.65% | 14,483,937 -539,000 | -4% | -$61.7M |
|
18
Costco
COST
$418B
| $1.6B | 1.59% | 6,071,557 -383,191 | -6% | -$101M |
|
|
19
lululemon athletica
LULU
$24.2B
| $1.59B | 1.58% | 8,825,496 +2,504,324 | +40% | +$451M |
|
20
NVIDIA
NVDA
$4.24T
| $1.43B | 1.42% | 8,690,058 +832,508 | +11% | +$137M |
|
|
21
AstraZeneca
AZN
$248B
| $1.4B | 1.39% | 33,888,085 -9,574,056 | -22% | -$395M |
|
22
Intuitive Surgical
ISRG
$170B
| $1.36B | 1.35% | 2,602,057 -77,337 | -3% | -$40.6M |
|
23
Estee Lauder
EL
$33B
| $1.33B | 1.32% | 7,267,825 -144,747 | -2% | -$26.5M |
|
|
24
ServiceNow
NOW
$190B
| $1.23B | 1.22% | 4,489,468 +1,452,900 | +48% | +$399M |
|
|
ALXN
25
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $1.18B | 1.17% | 9,013,902 -1,227,555 | -12% | -$161M |
|