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 |
Boeing
BA
|
$960M |
| 2 |
Netflix
NFLX
|
$766M |
| 3 |
UnitedHealth
UNH
|
$629M |
| 4 |
Trade Desk
TTD
|
$502M |
| 5 |
Broadcom
AVGO
|
$420M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$2.27B |
| 2 |
Uber
UBER
|
$772M |
| 3 |
Tesla
TSLA
|
$749M |
| 4 |
DexCom
DXCM
|
$486M |
| 5 |
argenx
ARGX
|
$473M |
Sector Composition
| 1 | Technology | 38.73% |
| 2 | Consumer Discretionary | 19.7% |
| 3 | Healthcare | 12.45% |
| 4 | Communication Services | 10.23% |
| 5 | Financials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.77T
| $9.59B | 7.15% | 25,505,600 +277,881 | +1% | +$104M |
|
2
Amazon
AMZN
$2.44T
| $8.57B | 6.38% | 56,371,051 +1,389,503 | +3% | +$211M |
|
|
3
NVIDIA
NVDA
$4.24T
| $7.09B | 5.29% | 14,324,925 -4,578,466 | -24% | -$2.27B |
|
4
Apple
AAPL
$3.45T
| $5.59B | 4.17% | 29,029,498 -712,603 | -2% | -$137M |
|
5
Eli Lilly
LLY
$657B
| $4.43B | 3.3% | 7,597,612 -810,001 | -10% | -$472M |
|
6
Advanced Micro Devices
AMD
$264B
| $3.96B | 2.95% | 26,886,280 +1,490,997 | +6% | +$220M |
|
7
Meta Platforms (Facebook)
META
$1.86T
| $3.94B | 2.93% | 11,118,778 -444,817 | -4% | -$157M |
|
|
8
Tesla
TSLA
$1.08T
| $3.88B | 2.89% | 15,631,235 -3,015,358 | -16% | -$749M |
|
9
Mercado Libre
MELI
$125B
| $3.35B | 2.5% | 2,131,538 -101,892 | -5% | -$160M |
|
10
Mastercard
MA
$538B
| $3.27B | 2.44% | 7,668,138 -298,210 | -4% | -$127M |
|
11
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.27B | 2.44% | 23,405,422 -739,995 | -3% | -$103M |
|
|
12
Broadcom
AVGO
$1.4T
| $3.21B | 2.39% | 2,877,068 +375,944 | +15% | +$420M |
|
13
Visa
V
$683B
| $3.08B | 2.29% | 11,824,113 +85,123 | +0.7% | +$22.2M |
|
|
14
Netflix
NFLX
$513B
| $2.65B | 1.98% | 5,452,271 +1,573,978 | +41% | +$766M |
|
|
15
Alphabet (Google) Class C
GOOG
$2.58T
| $2.62B | 1.95% | 18,569,413 -1,252,790 | -6% | -$177M |
|
16
Adobe
ADBE
$151B
| $2.57B | 1.91% | 4,302,355 -259,504 | -6% | -$155M |
|
17
Novo Nordisk
NVO
$251B
| $2.33B | 1.74% | 22,527,772 -891,633 | -4% | -$92.2M |
|
18
Salesforce
CRM
$245B
| $2.27B | 1.69% | 8,609,732 -229,952 | -3% | -$60.5M |
|
19
Costco
COST
$418B
| $2.22B | 1.65% | 3,359,739 -215,106 | -6% | -$142M |
|
20
lululemon athletica
LULU
$24.2B
| $2.01B | 1.5% | 3,935,596 -837,482 | -18% | -$428M |
|
|
21
UnitedHealth
UNH
$281B
| $1.9B | 1.42% | 3,617,813 +1,195,352 | +49% | +$629M |
|
|
22
Uber
UBER
$196B
| $1.87B | 1.39% | 30,375,613 -12,542,320 | -29% | -$772M |
|
23
Cadence Design Systems
CDNS
$95.5B
| $1.8B | 1.34% | 6,625,923 -421,308 | -6% | -$115M |
|
24
ServiceNow
NOW
$190B
| $1.78B | 1.33% | 2,521,190 +53,719 | +2% | +$38M |
|
25
CrowdStrike
CRWD
$106B
| $1.62B | 1.21% | 6,340,819 +1,581,796 | +33% | +$404M |
|