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 |
Broadcom
AVGO
|
$946M |
| 2 |
Intuitive Surgical
ISRG
|
$917M |
| 3 |
Microsoft
MSFT
|
$831M |
| 4 |
Schlumberger
SLB
|
$729M |
| 5 |
UnitedHealth
UNH
|
$644M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$1.92B |
| 2 |
XYZ
Block, Inc.
XYZ
|
$1.35B |
| 3 |
Shopify
SHOP
|
$1.23B |
| 4 |
Sea Limited
SE
|
$975M |
| 5 |
Atlassian
TEAM
|
$769M |
Sector Composition
| 1 | Technology | 31.62% |
| 2 | Consumer Discretionary | 25.37% |
| 3 | Communication Services | 11.39% |
| 4 | Healthcare | 11.27% |
| 5 | Financials | 7.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Tesla
TSLA
$1.08T
| $11B | 8.08% | 10,179,439 -447,611 | -4% | -$482M |
|
2
Apple
AAPL
$3.45T
| $8.53B | 6.28% | 48,826,270 +424,839 | +0.9% | +$74.2M |
|
3
Amazon
AMZN
$2.44T
| $8.42B | 6.2% | 2,582,538 +37,333 | +1% | +$122M |
|
|
4
Microsoft
MSFT
$3.77T
| $7.12B | 5.24% | 23,092,331 +2,696,424 | +13% | +$831M |
|
|
5
NVIDIA
NVDA
$4.24T
| $5.6B | 4.12% | 20,532,093 -7,037,626 | -26% | -$1.92B |
|
6
Alphabet (Google) Class A
GOOGL
$2.57T
| $4.59B | 3.38% | 1,649,866 -22,240 | -1% | -$61.9M |
|
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $3.73B | 2.74% | 1,333,715 -50,625 | -4% | -$141M |
|
8
Mercado Libre
MELI
$125B
| $2.93B | 2.15% | 2,459,395 +421,186 | +21% | +$501M |
|
9
Salesforce
CRM
$245B
| $2.87B | 2.11% | 13,514,668 -294,249 | -2% | -$62.5M |
|
10
Visa
V
$683B
| $2.8B | 2.06% | 12,637,834 +2,664,511 | +27% | +$591M |
|
11
Airbnb
ABNB
$79.9B
| $2.64B | 1.94% | 15,345,417 +996,378 | +7% | +$171M |
|
12
Adobe
ADBE
$151B
| $2.63B | 1.93% | 5,766,899 -357,195 | -6% | -$163M |
|
13
Mastercard
MA
$538B
| $2.34B | 1.73% | 6,558,686 +1,168,991 | +22% | +$418M |
|
14
Eli Lilly
LLY
$657B
| $2.26B | 1.67% | 7,901,306 -1,254,308 | -14% | -$359M |
|
15
CrowdStrike
CRWD
$106B
| $2.05B | 1.51% | 9,041,273 +395,795 | +5% | +$89.9M |
|
|
16
Shopify
SHOP
$184B
| $1.94B | 1.43% | 2,872,936 -1,824,029 | -39% | -$1.23B |
|
17
Nike
NKE
$114B
| $1.93B | 1.42% | 14,326,678 -980,536 | -6% | -$132M |
|
18
Netflix
NFLX
$513B
| $1.93B | 1.42% | 5,142,271 -1,501,013 | -23% | -$562M |
|
19
Costco
COST
$418B
| $1.88B | 1.39% | 3,271,513 +151,287 | +5% | +$87.1M |
|
|
20
Atlassian
TEAM
$46.6B
| $1.77B | 1.31% | 6,036,151 -2,617,202 | -30% | -$769M |
|
|
21
UnitedHealth
UNH
$281B
| $1.76B | 1.3% | 3,449,306 +1,262,307 | +58% | +$644M |
|
22
Estee Lauder
EL
$33B
| $1.73B | 1.28% | 6,370,244 -434,396 | -6% | -$118M |
|
23
Danaher
DHR
$147B
| $1.66B | 1.22% | 5,644,315 +712,172 | +14% | +$209M |
|
|
24
Intuitive Surgical
ISRG
$170B
| $1.65B | 1.22% | 5,473,854 +3,038,455 | +125% | +$917M |
|
25
Uber
UBER
$196B
| $1.58B | 1.16% | 44,225,693 -5,312,551 | -11% | -$190M |
|