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Jennison Associates LLC

CIK:0000053417
Asset Manager
$217B AUM
574 holdings
New York, NY, United States
Founded:1969
286 employees
Latest filing:Jun 30, 2025

Jennison Associates LLC is a global investment management firm headquartered in New York, NY, founded in 1969, and operates as an SEC-registered investment adviser. The firm specializes in active equity and fixed income investment strategies for a global institutional client base, including intermediaries, corporations, sovereign and public entities, Taft-Hartley plans, endowments, and foundations. Jennison was acquired by Prudential in 1985 and today runs a diversified portfolio management platform with multi-generational teams and a focus on long-term client relationships. The company employs approximately 286 professionals.

Investment Strategy

Jennison Associates focuses on fundamental research and bottom-up security selection to construct equity and fixed income portfolios. The investment process is highly interactive, engaging all portfolio managers and leveraging both qualitative and quantitative research. The firm manages strategies across style disciplines, geographies, and market caps, emphasizing a long-term approach with disciplined risk management. Fixed income strategies focus on investment-grade securities, aiming to generate alpha without taking excessive risk, while the firm’s equity approach seeks market-leading companies and sustainable growth opportunities. Jennison values independent thought, thorough research, and consistent, repeatable investment processes.

Top Buys
N
NVDANVIDIA CORPORATION
+$4.69B
M
MSFTMICROSOFT CORP
+$3.45B
A
AVGOBROADCOM INC
+$1.93B
M
METAMETA PLATFORMS INC
+$1.60B
N
NFLXNETFLIX INC
+$1.43B
Top Sells
A
AAPLAPPLE INC
-$1.48B
C
CRMSALESFORCE INC
-$412.9M
B
BMYBRISTOL-MYERS SQUIBB CO
-$318.3M
S
SBUXSTARBUCKS CORP
-$312.6M
V
VRTVERTIV HOLDINGS CO
-$307.9M

Top Holdings

N
NVDANVIDIA CORPORATION
+8.5%$14.37B
M
MSFTMICROSOFT CORP
+6.5%$11.02B
A
AMZNAMAZON COM INC
+6.0%$10.03B
M
METAMETA PLATFORMS INC
+5.4%$9.19B
N
NFLXNETFLIX INC
+4.5%$7.52B

Equity Positions (567)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NVDA
NVIDIA CORPORATION8.52%$14.37B90,962,458$9.86$157.99+$4.69B
M
MSFT
MICROSOFT CORP6.54%$11.02B22,158,469$160.20$497.41+$3.45B
A
AMZN
AMAZON COM INC5.95%$10.03B45,731,623$61.34$219.39+$822.7M
M
META
META PLATFORMS INC5.45%$9.19B12,444,957$290.53$738.09+$1.60B
N
NFLX
NETFLIX INC4.46%$7.52B5,617,176$404.10$1339.13+$1.43B

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+15.4%
SEMICONDUCTORS & RELATED DEVICES
+14.6%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+10.8%
SERVICES-BUSINESS SERVICES, NEC
+6.8%
PHARMACEUTICAL PREPARATIONS
+6.2%