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 |
ServiceNow
NOW
|
$1.13B |
| 2 |
Meta Platforms (Facebook)
META
|
$1.12B |
| 3 |
Advanced Micro Devices
AMD
|
$1.06B |
| 4 |
MongoDB
MDB
|
$817M |
| 5 |
Ulta Beauty
ULTA
|
$477M |
Top Sells
| 1 |
Danaher
DHR
|
$1.27B |
| 2 |
T-Mobile US
TMUS
|
$1.03B |
| 3 |
Schlumberger
SLB
|
$964M |
| 4 |
Thermo Fisher Scientific
TMO
|
$829M |
| 5 |
Atlassian
TEAM
|
$819M |
Sector Composition
| 1 | Technology | 38.76% |
| 2 | Consumer Discretionary | 19.8% |
| 3 | Healthcare | 13.64% |
| 4 | Financials | 8.74% |
| 5 | Communication Services | 8.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
NVIDIA
NVDA
$4.24T
| $8.93B | 7.33% | 21,119,279 -1,516,712 | -7% | -$642M |
|
2
Microsoft
MSFT
$3.77T
| $8.71B | 7.14% | 25,568,522 -169,692 | -0.7% | -$57.8M |
|
3
Apple
AAPL
$3.45T
| $7.88B | 6.46% | 40,623,122 -1,087,975 | -3% | -$211M |
|
4
Amazon
AMZN
$2.44T
| $5.58B | 4.58% | 42,805,434 -612,840 | -1% | -$79.9M |
|
5
Tesla
TSLA
$1.08T
| $5B | 4.1% | 19,101,535 -1,143,587 | -6% | -$299M |
|
6
Eli Lilly
LLY
$657B
| $4.02B | 3.3% | 8,581,438 +7,274 | +0.1% | +$3.41M |
|
7
Mastercard
MA
$538B
| $2.93B | 2.4% | 7,450,867 -339,118 | -4% | -$133M |
|
|
8
Advanced Micro Devices
AMD
$264B
| $2.92B | 2.39% | 25,591,636 +9,318,871 | +57% | +$1.06B |
|
9
Visa
V
$683B
| $2.86B | 2.35% | 12,061,653 -526,266 | -4% | -$125M |
|
10
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.64B | 2.17% | 22,087,196 +647,462 | +3% | +$77.5M |
|
11
Mercado Libre
MELI
$125B
| $2.61B | 2.14% | 2,205,335 +21,392 | +1% | +$25.3M |
|
|
12
Meta Platforms (Facebook)
META
$1.86T
| $2.56B | 2.1% | 8,916,444 +3,892,446 | +77% | +$1.12B |
|
13
Broadcom
AVGO
$1.4T
| $2.45B | 2.01% | 2,828,566 +183,810 | +7% | +$159M |
|
|
14
Alphabet (Google) Class C
GOOG
$2.58T
| $2.35B | 1.93% | 19,432,085 -831,799 | -4% | -$101M |
|
15
Costco
COST
$418B
| $1.99B | 1.63% | 3,696,631 -598,832 | -14% | -$322M |
|
16
Adobe
ADBE
$151B
| $1.99B | 1.63% | 4,062,902 -85,804 | -2% | -$42M |
|
17
Uber
UBER
$196B
| $1.95B | 1.6% | 45,132,152 -950,301 | -2% | -$41M |
|
18
Salesforce
CRM
$245B
| $1.92B | 1.57% | 9,066,821 +1,876,537 | +26% | +$396M |
|
19
Novo Nordisk
NVO
$251B
| $1.89B | 1.55% | 11,691,898 -649,563 | -5% | -$105M |
|
20
lululemon athletica
LULU
$24.2B
| $1.81B | 1.48% | 4,781,168 +353,349 | +8% | +$134M |
|
21
UnitedHealth
UNH
$281B
| $1.74B | 1.42% | 3,610,651 -112,844 | -3% | -$54.2M |
|
22
AstraZeneca
AZN
$248B
| $1.56B | 1.28% | 21,807,209 +5,617,054 | +35% | +$402M |
|
23
Cadence Design Systems
CDNS
$95.5B
| $1.52B | 1.25% | 6,483,146 +1,637,860 | +34% | +$384M |
|
24
Intuitive Surgical
ISRG
$170B
| $1.47B | 1.21% | 4,310,498 -145,727 | -3% | -$49.8M |
|
25
Netflix
NFLX
$513B
| $1.37B | 1.13% | 3,118,915 -806,570 | -21% | -$355M |
|