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
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NUVA
226
DELISTED
NuVasive, Inc.
NUVA
| $47.5M | 0.03% |
+723,904
| New | +$43.4M |
|
227
Medtronic
MDT
$110B
| $46.9M | 0.03% |
+397,352
| New | +$46.6M |
|
228
Wintrust Financial
WTFC
$11B
| $46.2M | 0.03% |
609,309
-111,888
| -16% | -$7.99M |
|
|
CTLT
229
DELISTED
CATALENT, INC.
CTLT
| $46M | 0.03% |
436,841
-336,566
| -44% | -$37.5M |
|
230
nLIGHT
LASR
$4.41B
| $45.8M | 0.03% |
1,413,050
+244,459
| +21% | +$8.66M |
|
231
Tandem Diabetes Care
TNDM
$1.33B
| $45.6M | 0.03% |
516,934
-29,642
| -5% | -$2.75M |
|
|
WBA
232
DELISTED
Walgreens Boots Alliance
WBA
| $45.2M | 0.03% |
+823,805
| New | +$40.7M |
|
233
Emerson Electric
EMR
$91.1B
| $44.5M | 0.03% |
492,836
+79,502
| +19% | +$6.84M |
|
234
Edwards Lifesciences
EW
$51.1B
| $44.3M | 0.03% |
530,008
-2,084,561
| -80% | -$176M |
|
235
Trane Technologies
TT
$107B
| $43.6M | 0.03% |
263,498
-34,758
| -12% | -$5.38M |
|
236
Enphase Energy
ENPH
$5.18B
| $43.5M | 0.03% |
268,382
+26,915
| +11% | +$4.83M |
|
237
MACOM Technology Solutions
MTSI
$20.4B
| $42.8M | 0.03% |
738,064
+373,517
| +102% | +$23.2M |
|
|
GTH
238
DELISTED
Genetron Holdings Limited ADS
GTH
| $42.8M | 0.03% |
664,649
+74,451
| +13% | +$5.11M |
|
239
Yeti Holdings
YETI
$3.97B
| $42.7M | 0.03% |
590,711
+45,821
| +8% | +$3.26M |
|
240
Cousins Properties
CUZ
$5.06B
| $42.6M | 0.03% |
1,205,537
-323,929
| -21% | -$11M |
|
241
TotalEnergies
TTE
$189B
| $42.3M | 0.03% |
908,235
+260,412
| +40% | +$11.9M |
|
242
Enviri
NVRI
$653M
| $42.3M | 0.03% |
2,464,362
+128,477
| +6% | +$2.33M |
|
|
STMP
243
DELISTED
Stamps.com, Inc.
STMP
| $42.1M | 0.03% |
211,001
+58,254
| +38% | +$12.4M |
|
|
SAGE
244
DELISTED
Sage Therapeutics
SAGE
| $41.9M | 0.03% |
559,526
-4,442
| -0.8% | -$364K |
|
|
EVOP
245
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $41.3M | 0.03% |
1,500,361
+173,270
| +13% | +$4.66M |
|
|
NSA
246
DELISTED
National Storage Affiliates Trust
NSA
| $40.2M | 0.03% |
1,006,015
+66,770
| +7% | +$2.54M |
|
|
BPMC
247
DELISTED
Blueprint Medicines
BPMC
| $40.1M | 0.03% |
412,913
+391,572
| +1,835% | +$39.1M |
|
248
Darling Ingredients
DAR
$9.38B
| $39.9M | 0.03% |
542,661
-868,625
| -62% | -$59.7M |
|
249
Veracyte
VCYT
$3.78B
| $39.7M | 0.03% |
+738,894
| New | +$42.6M |
|
250
Ferrari
RACE
$71.4B
| $39.7M | 0.03% |
189,547
+36,089
| +24% | +$7.39M |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.