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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Eversource Energy
ES
$26.9B
| $48.2M | 0.03% |
600,313
-66,579
| -10% | -$5.61M |
|
227
RenaissanceRe
RNR
$13.3B
| $48M | 0.03% |
322,386
-19,604
| -6% | -$3.12M |
|
228
Trane Technologies
TT
$101B
| $47.8M | 0.03% |
259,329
-4,169
| -2% | -$743K |
|
229
GFL Environmental
GFL
$14.9B
| $47.5M | 0.03% |
1,486,796
+71,725
| +5% | +$2.35M |
|
230
Hilton Worldwide
HLT
$72.1B
| $47.4M | 0.03% |
392,971
+164,918
| +72% | +$20.6M |
|
231
Texas Roadhouse
TXRH
$13.5B
| $46.9M | 0.03% |
488,019
+240,322
| +97% | +$23.6M |
|
232
Shift4
FOUR
$4.2B
| $46.8M | 0.03% |
499,108
-150,074
| -23% | -$14.2M |
|
|
EFOR
233
Everforth Inc
EFOR
$1.17B
| $45.8M | 0.03% |
472,350
+202,334
| +75% | +$20.7M |
|
234
ON Semiconductor
ON
$31.8B
| $45.7M | 0.03% |
1,193,578
-14,236
| -1% | -$559K |
|
235
Wintrust Financial
WTFC
$10.8B
| $45.6M | 0.03% |
602,745
-6,564
| -1% | -$513K |
|
236
Aptiv
APTV
$12B
| $45.3M | 0.03% |
287,929
+31,584
| +12% | +$4.63M |
|
237
CBRE Group
CBRE
$42.5B
| $45.2M | 0.03% |
526,961
+217,220
| +70% | +$18.5M |
|
|
EVOP
238
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $44.8M | 0.03% |
1,616,334
+115,973
| +8% | +$3.31M |
|
239
CRISPR Therapeutics
CRSP
$4.73B
| $44.6M | 0.03% |
275,211
| – | – |
|
240
Caterpillar
CAT
$375B
| $44.2M | 0.03% |
203,232
+140,607
| +225% | +$32.5M |
|
241
TFI International
TFII
$11.1B
| $44M | 0.03% |
482,174
+37,136
| +8% | +$3.23M |
|
242
Darling Ingredients
DAR
$9.64B
| $43.2M | 0.03% |
640,366
+97,705
| +18% | +$6.88M |
|
243
Lennar Class A
LEN
$19.8B
| $43M | 0.03% |
446,888
+100,164
| +29% | +$9.68M |
|
|
GTH
244
DELISTED
Genetron Holdings Limited ADS
GTH
| $42.9M | 0.03% |
709,212
+44,563
| +7% | +$2.75M |
|
245
TotalEnergies
TTE
$195B
| $42.6M | 0.03% |
940,497
+32,262
| +4% | +$1.51M |
|
246
L3Harris
LHX
$51.6B
| $42.4M | 0.03% |
196,176
+23,163
| +13% | +$4.98M |
|
|
LPRO
247
Open Lending Corp
LPRO
| $42.2M | 0.03% |
979,340
+407,232
| +71% | +$15.6M |
|
|
ACCD
248
DELISTED
Accolade Inc
ACCD
| $42.2M | 0.03% |
776,115
-5,653
| -0.7% | -$275K |
|
249
Energy Transfer Partners
ET
$70.1B
| $42M | 0.03% |
3,950,025
+799,485
| +25% | +$7.66M |
|
250
Boot Barn
BOOT
$4.51B
| $41.6M | 0.03% |
495,512
-72,022
| -13% | -$5.28M |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.