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 |
Eli Lilly
LLY
|
$788M |
| 2 |
Uber
UBER
|
$600M |
| 3 |
Netflix
NFLX
|
$441M |
| 4 |
Goldman Sachs
GS
|
$414M |
| 5 |
Microsoft
MSFT
|
$412M |
Top Sells
| 1 |
Intuitive Surgical
ISRG
|
$786M |
| 2 |
Nike
NKE
|
$750M |
| 3 |
Walt Disney
DIS
|
$743M |
| 4 |
Edwards Lifesciences
EW
|
$702M |
| 5 |
Illumina
ILMN
|
$618M |
Sector Composition
| 1 | Technology | 30.69% |
| 2 | Consumer Discretionary | 19.06% |
| 3 | Healthcare | 13.05% |
| 4 | Communication Services | 12.23% |
| 5 | Financials | 10.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $5.34B | 6.49% | 2,740,074 +129,488 | +5% | +$252M |
|
|
2
Microsoft
MSFT
$3.77T
| $5.03B | 6.11% | 31,908,974 +2,613,514 | +9% | +$412M |
|
3
Apple
AAPL
$3.45T
| $3.66B | 4.44% | 14,385,797 +345,803 | +2% | +$87.9M |
|
|
4
Netflix
NFLX
$513B
| $3.36B | 4.08% | 8,950,493 +1,174,164 | +15% | +$441M |
|
5
Mastercard
MA
$538B
| $2.94B | 3.57% | 12,176,250 -242,341 | -2% | -$58.5M |
|
6
Alibaba
BABA
$322B
| $2.82B | 3.43% | 14,525,328 -645,924 | -4% | -$126M |
|
7
Salesforce
CRM
$245B
| $2.74B | 3.33% | 19,060,846 -245,807 | -1% | -$35.4M |
|
8
Adobe
ADBE
$151B
| $2.38B | 2.89% | 7,486,574 +98,908 | +1% | +$31.5M |
|
9
NVIDIA
NVDA
$4.24T
| $2.31B | 2.8% | 8,756,756 +505,125 | +6% | +$133M |
|
10
Visa
V
$683B
| $2.28B | 2.77% | 14,172,620 -58,732 | -0.4% | -$9.46M |
|
11
Tesla
TSLA
$1.08T
| $2.26B | 2.75% | 4,320,630 +408,744 | +10% | +$214M |
|
12
Meta Platforms (Facebook)
META
$1.86T
| $2.12B | 2.57% | 12,696,966 -179,762 | -1% | -$30M |
|
13
Alphabet (Google) Class A
GOOGL
$2.57T
| $1.88B | 2.29% | 1,621,607 -270,229 | -14% | -$314M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $1.84B | 2.23% | 1,581,953 -211,593 | -12% | -$246M |
|
15
AstraZeneca
AZN
$248B
| $1.73B | 2.11% | 38,802,123 +2,148,165 | +6% | +$95.9M |
|
16
lululemon athletica
LULU
$24.2B
| $1.46B | 1.78% | 7,719,010 -335,834 | -4% | -$63.7M |
|
17
Costco
COST
$418B
| $1.42B | 1.73% | 4,989,750 -80,711 | -2% | -$23M |
|
|
18
Eli Lilly
LLY
$657B
| $1.41B | 1.72% | 10,192,052 +5,679,574 | +126% | +$788M |
|
19
Shopify
SHOP
$184B
| $1.23B | 1.5% | 2,958,696 -252,066 | -8% | -$105M |
|
20
Estee Lauder
EL
$33B
| $1.19B | 1.45% | 7,476,319 +1,419,618 | +23% | +$226M |
|
|
21
Nike
NKE
$114B
| $1.16B | 1.41% | 14,063,725 -9,070,532 | -39% | -$750M |
|
22
Vertex Pharmaceuticals
VRTX
$100B
| $1.04B | 1.26% | 4,361,755 +790,506 | +22% | +$188M |
|
23
Home Depot
HD
$405B
| $990M | 1.2% | 5,304,289 +1,138,587 | +27% | +$213M |
|
|
24
Uber
UBER
$196B
| $870M | 1.06% | 31,174,193 +21,507,161 | +222% | +$600M |
|
25
Workday
WDAY
$61.6B
| $850M | 1.03% | 6,523,739 +1,062,497 | +19% | +$138M |
|