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 |
Spotify
SPOT
|
$770M |
| 2 |
RingCentral
RNG
|
$662M |
| 3 |
CrowdStrike
CRWD
|
$637M |
| 4 |
Teladoc Health
TDOC
|
$614M |
| 5 |
PayPal
PYPL
|
$574M |
Top Sells
| 1 |
Alibaba
BABA
|
$1.08B |
| 2 |
Salesforce
CRM
|
$738M |
| 3 |
Tesla
TSLA
|
$488M |
| 4 |
Microsoft
MSFT
|
$453M |
| 5 |
Corpay
CPAY
|
$436M |
Sector Composition
| 1 | Technology | 32.49% |
| 2 | Consumer Discretionary | 20.28% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.66% |
| 5 | Financials | 10.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Amazon
AMZN
$2.44T
| $7.47B | 6.75% | 2,707,046 -33,028 | -1% | -$91.1M |
|
|
2
Microsoft
MSFT
$3.77T
| $6.04B | 5.46% | 29,684,246 -2,224,728 | -7% | -$453M |
|
3
Apple
AAPL
$3.45T
| $5.82B | 5.26% | 15,952,535 +1,566,738 | +11% | +$572M |
|
|
4
Tesla
TSLA
$1.08T
| $4.18B | 3.78% | 3,868,742 -451,888 | -10% | -$488M |
|
5
Netflix
NFLX
$513B
| $4.14B | 3.74% | 9,099,165 +148,672 | +2% | +$67.7M |
|
6
Meta Platforms (Facebook)
META
$1.86T
| $3.36B | 3.04% | 14,807,293 +2,110,327 | +17% | +$479M |
|
7
Mastercard
MA
$538B
| $3.33B | 3.01% | 11,262,760 -913,490 | -8% | -$270M |
|
8
Shopify
SHOP
$184B
| $3.13B | 2.83% | 3,300,244 +341,548 | +12% | +$324M |
|
9
Adobe
ADBE
$151B
| $3.04B | 2.75% | 6,994,206 -492,368 | -7% | -$214M |
|
10
NVIDIA
NVDA
$4.24T
| $2.96B | 2.67% | 7,786,512 -970,244 | -11% | -$369M |
|
|
11
Salesforce
CRM
$245B
| $2.83B | 2.56% | 15,118,824 -3,942,022 | -21% | -$738M |
|
12
lululemon athletica
LULU
$24.2B
| $2.63B | 2.38% | 8,440,646 +721,636 | +9% | +$225M |
|
13
Visa
V
$683B
| $2.46B | 2.22% | 12,739,817 -1,432,803 | -10% | -$277M |
|
14
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.24B | 2.03% | 1,581,000 -40,607 | -3% | -$57.6M |
|
|
15
Alphabet (Google) Class C
GOOG
$2.58T
| $2.19B | 1.98% | 1,547,596 -34,357 | -2% | -$48.6M |
|
16
AstraZeneca
AZN
$248B
| $2.07B | 1.87% | 39,133,736 +331,613 | +0.9% | +$17.5M |
|
|
17
Alibaba
BABA
$322B
| $2.05B | 1.85% | 9,502,835 -5,022,493 | -35% | -$1.08B |
|
|
18
PayPal
PYPL
$67.1B
| $1.98B | 1.79% | 11,388,915 +3,291,638 | +41% | +$574M |
|
19
Home Depot
HD
$405B
| $1.48B | 1.34% | 5,912,207 +607,918 | +11% | +$152M |
|
|
20
RingCentral
RNG
$2.76B
| $1.41B | 1.27% | 4,942,786 +2,324,364 | +89% | +$662M |
|
21
Uber
UBER
$196B
| $1.4B | 1.27% | 45,137,556 +13,963,363 | +45% | +$434M |
|
|
COUP
22
DELISTED
Coupa Software Incorporated
COUP
| $1.35B | 1.22% | 4,858,591 +327,527 | +7% | +$90.7M |
|
23
Eli Lilly
LLY
$657B
| $1.32B | 1.2% | 8,063,372 -2,128,680 | -21% | -$349M |
|
24
Vertex Pharmaceuticals
VRTX
$100B
| $1.28B | 1.16% | 4,418,481 +56,726 | +1% | +$16.5M |
|
25
Nike
NKE
$114B
| $1.28B | 1.16% | 13,055,921 -1,007,804 | -7% | -$98.8M |
|