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 |
Starbucks
SBUX
|
$818M |
| 2 |
Constellation Energy
CEG
|
$695M |
| 3 |
Spotify
SPOT
|
$694M |
| 4 |
CAVA Group
CAVA
|
$523M |
| 5 |
Nike
NKE
|
$509M |
Top Sells
| 1 |
Eaton
ETN
|
$1.17B |
| 2 |
Microsoft
MSFT
|
$987M |
| 3 |
Palo Alto Networks
PANW
|
$978M |
| 4 |
Advanced Micro Devices
AMD
|
$935M |
| 5 |
NVIDIA
NVDA
|
$854M |
Sector Composition
| 1 | Technology | 32.76% |
| 2 | Communication Services | 17.2% |
| 3 | Consumer Discretionary | 15.67% |
| 4 | Healthcare | 10.6% |
| 5 | Financials | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$4.24T
| $9.69B | 6.79% | 89,367,948 -7,884,124 | -8% | -$854M |
|
2
Amazon
AMZN
$2.44T
| $9.21B | 6.46% | 48,409,201 -4,425,406 | -8% | -$842M |
|
3
Apple
AAPL
$3.45T
| $8.13B | 5.7% | 36,585,441 -2,899,281 | -7% | -$644M |
|
4
Meta Platforms (Facebook)
META
$1.86T
| $7.59B | 5.32% | 13,166,153 -1,081,493 | -8% | -$623M |
|
|
5
Microsoft
MSFT
$3.77T
| $7.57B | 5.31% | 20,167,966 -2,630,110 | -12% | -$987M |
|
6
Netflix
NFLX
$513B
| $6.09B | 4.27% | 6,530,346 -86,010 | -1% | -$80.2M |
|
7
Broadcom
AVGO
$1.4T
| $4.48B | 3.14% | 26,760,207 -4,489,333 | -14% | -$752M |
|
8
Eli Lilly
LLY
$657B
| $4.31B | 3.02% | 5,221,016 +424,693 | +9% | +$351M |
|
9
Mastercard
MA
$538B
| $3.33B | 2.33% | 6,068,418 -289,255 | -5% | -$159M |
|
10
Costco
COST
$418B
| $3.18B | 2.23% | 3,357,630 +125,441 | +4% | +$119M |
|
11
Visa
V
$683B
| $2.59B | 1.81% | 7,383,557 -339,694 | -4% | -$119M |
|
12
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.55B | 1.79% | 16,469,948 +240,451 | +1% | +$37.2M |
|
13
Vertex Pharmaceuticals
VRTX
$100B
| $2.45B | 1.72% | 5,062,442 +744,680 | +17% | +$361M |
|
|
14
Spotify
SPOT
$140B
| $2.34B | 1.64% | 4,247,940 +1,262,614 | +42% | +$694M |
|
15
CrowdStrike
CRWD
$106B
| $2.31B | 1.62% | 6,565,275 +1,144,295 | +21% | +$403M |
|
16
Cadence Design Systems
CDNS
$95.5B
| $2.31B | 1.62% | 9,064,953 +1,054,702 | +13% | +$268M |
|
17
Tesla
TSLA
$1.08T
| $2.26B | 1.58% | 8,718,411 -994,502 | -10% | -$258M |
|
18
Mercado Libre
MELI
$125B
| $2.25B | 1.58% | 1,154,116 +18,731 | +2% | +$36.5M |
|
|
19
Alphabet (Google) Class C
GOOG
$2.58T
| $2.24B | 1.57% | 14,307,441 -764 | -0% | -$119K |
|
20
Walmart
WMT
$774B
| $2.18B | 1.53% | 24,876,980 -462,468 | -2% | -$40.6M |
|
21
Walt Disney
DIS
$213B
| $1.87B | 1.31% | 18,902,149 -295,314 | -2% | -$29.1M |
|
22
Boeing
BA
$177B
| $1.77B | 1.24% | 10,386,014 +84,749 | +0.8% | +$14.5M |
|
23
Uber
UBER
$196B
| $1.75B | 1.23% | 24,037,678 -2,422,634 | -9% | -$177M |
|
24
ServiceNow
NOW
$190B
| $1.6B | 1.12% | 2,012,921 -339,190 | -14% | -$270M |
|
25
TSMC
TSM
$1.2T
| $1.58B | 1.11% | 9,509,032 +2,559,512 | +37% | +$425M |
|