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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Paycom
PAYC
$10.1B
| $32.2M | 0.03% |
103,368
+27,046
| +35% | +$7.9M |
|
252
Nordson
NDSN
$17.2B
| $31.8M | 0.03% |
165,895
-2,054
| -1% | -$396K |
|
253
TC Energy
TRP
$66.6B
| $31.6M | 0.03% |
753,871
+1,443
| +0.2% | +$66K |
|
254
Ameris Bancorp
ABCB
$5.92B
| $31.2M | 0.03% |
1,369,911
-14,483
| -1% | -$340K |
|
|
NSA
255
DELISTED
National Storage Affiliates Trust
NSA
| $30.8M | 0.02% |
940,512
+130,919
| +16% | +$4.2M |
|
256
Crown Castle
CCI
$32.7B
| $30.5M | 0.02% |
183,448
-6,787
| -4% | -$1.12M |
|
257
OGE Energy
OGE
$9.67B
| $30.2M | 0.02% |
+1,006,249
| New | +$31.7M |
|
|
CYBR
258
DELISTED
CyberArk
CYBR
| $30M | 0.02% |
290,413
-280,977
| -49% | -$30.3M |
|
259
Thermo Fisher Scientific
TMO
$214B
| $29.9M | 0.02% |
67,772
+66,551
| +5,451% | +$27.5M |
|
260
Wintrust Financial
WTFC
$10.7B
| $29.4M | 0.02% |
734,267
+6,827
| +0.9% | +$292K |
|
261
Gaming and Leisure Properties
GLPI
$12.8B
| $29.2M | 0.02% |
790,444
-22,615
| -3% | -$823K |
|
262
Repligen
RGEN
$9B
| $29M | 0.02% |
196,709
+789
| +0.4% | +$113K |
|
263
Comcast
CMCSA
$89.3B
| $28.9M | 0.02% |
624,047
-13,632
| -2% | -$593K |
|
264
AXIS Capital
AXS
$7.62B
| $28.8M | 0.02% |
653,143
+1,579
| +0.2% | +$68.8K |
|
265
Inspire Medical Systems
INSP
$1.7B
| $28.5M | 0.02% |
220,968
-1,497
| -0.7% | -$165K |
|
|
SYNH
266
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $28.3M | 0.02% |
532,668
+81,880
| +18% | +$4.88M |
|
267
Exelon
EXC
$46.7B
| $28.1M | 0.02% |
1,100,808
-145,546
| -12% | -$3.86M |
|
268
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $27.9M | 0.02% |
250,000
+150,000
| +150% | +$16.8M |
|
269
nLIGHT
LASR
$4.26B
| $27.7M | 0.02% |
1,177,825
+8,528
| +0.7% | +$196K |
|
270
Cooper Companies
COO
$14.3B
| $27.6M | 0.02% |
326,952
-192
| -0.1% | -$14.7K |
|
271
Deere & Co
DE
$166B
| $27.5M | 0.02% |
124,064
+49,784
| +67% | +$9.61M |
|
272
Emerson Electric
EMR
$87.5B
| $27.3M | 0.02% |
416,252
-492,283
| -54% | -$32.4M |
|
273
Lazard
LAZ
$4.22B
| $26.9M | 0.02% |
814,564
+277,701
| +52% | +$8.55M |
|
|
SAGE
274
DELISTED
Sage Therapeutics
SAGE
| $26.8M | 0.02% |
438,365
+220,127
| +101% | +$11.2M |
|
|
DNKN
275
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $26.7M | 0.02% |
326,188
-160
| -0% | -$11.6K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.