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 |
BioNTech
BNTX
|
+$1.21B |
| 2 |
Sea Limited
SE
|
+$842M |
| 3 |
Okta
OKTA
|
+$819M |
| 4 |
XYZ
Block Inc
XYZ
|
+$749M |
| 5 |
Mercado Libre
MELI
|
+$656M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Match Group
MTCH
|
+$929M |
| 2 |
Union Pacific
UNP
|
+$677M |
| 3 |
Spotify
SPOT
|
+$575M |
| 4 |
RingCentral
RNG
|
+$499M |
| 5 |
Amazon
AMZN
|
+$468M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.98% |
| 2 | Consumer Discretionary | 23.1% |
| 3 | Communication Services | 15.59% |
| 4 | Healthcare | 8.54% |
| 5 | Financials | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NSA
251
DELISTED
National Storage Affiliates Trust
NSA
| $39.8M | 0.03% |
753,800
-64,702
| -8% | -$3.56M |
|
252
First Bancorp
FBNC
$2.7B
| $39.6M | 0.03% |
919,998
+53,806
| +6% | +$2.19M |
|
253
East-West Bancorp
EWBC
$18.4B
| $39M | 0.03% |
503,430
+99,964
| +25% | +$7.27M |
|
254
Bio-Rad Laboratories Class A
BIO
$8.93B
| $38.9M | 0.03% |
52,182
+22,922
| +78% | +$17.2M |
|
|
ACCD
255
DELISTED
Accolade Inc
ACCD
| $38.9M | 0.03% |
922,772
+146,657
| +19% | +$6.89M |
|
256
Enerpac Tool Group
EPAC
$1.89B
| $38.7M | 0.03% |
1,868,018
+351,325
| +23% | +$8.75M |
|
257
Houlihan Lokey
HLI
$8.93B
| $38.7M | 0.03% |
420,274
-4,366
| -1% | -$383K |
|
258
Ferrari
RACE
$70.7B
| $38.6M | 0.03% |
184,563
+140,858
| +322% | +$30.2M |
|
259
Stryker
SYK
$129B
| $38.6M | 0.02% |
146,180
+114,118
| +356% | +$30.5M |
|
260
Boot Barn
BOOT
$4.97B
| $38.5M | 0.02% |
433,704
-61,808
| -12% | -$5.33M |
|
|
INN
261
Summit Hotel Properties
INN
$741M
| $38.3M | 0.02% |
3,978,789
+1,218,691
| +44% | +$11.2M |
|
262
Zai Lab
ZLAB
$2.08B
| $38.2M | 0.02% |
362,826
-1,017,140
| -74% | -$146M |
|
|
EVOP
263
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $38M | 0.02% |
1,604,896
-11,438
| -0.7% | -$304K |
|
264
HEICO Corp
HEI
$51B
| $37.9M | 0.02% |
287,625
+34,128
| +13% | +$4.49M |
|
265
Bally's
BALY
$685M
| $37.7M | 0.02% |
752,357
+133,423
| +22% | +$6.51M |
|
266
Chewy
CHWY
$9.7B
| $37.6M | 0.02% |
551,685
-164,251
| -23% | -$13.6M |
|
267
Enterprise Financial Services Corp
EFSC
$2.45B
| $37.6M | 0.02% |
829,541
-2,272
| -0.3% | -$102K |
|
268
nLIGHT
LASR
$4.41B
| $37.5M | 0.02% |
1,331,001
-72,425
| -5% | -$2.16M |
|
269
Energy Transfer Partners
ET
$70.6B
| $37.5M | 0.02% |
3,911,748
-38,277
| -1% | -$367K |
|
270
MaxLinear
MXL
$6.62B
| $37.5M | 0.02% |
760,484
-17,345
| -2% | -$839K |
|
271
L3Harris
LHX
$53B
| $37.4M | 0.02% |
169,912
-26,264
| -13% | -$5.97M |
|
272
Inspire Medical Systems
INSP
$1.84B
| $36.9M | 0.02% |
158,445
-21,487
| -12% | -$4.48M |
|
273
Cactus
WHD
$5.29B
| $36.6M | 0.02% |
970,814
+15,172
| +2% | +$547K |
|
|
LPRO
274
DELISTED
Open Lending Corp
LPRO
| $36.5M | 0.02% |
1,011,829
+32,489
| +3% | +$1.24M |
|
275
Roku
ROKU
$21.7B
| $36.2M | 0.02% |
115,431
+79,404
| +220% | +$29.9M |
|
Similar funds
Jennison Associates's Q3 2021 Portfolio in Review
As of Q3 2021, Jennison Associates held 761 positions worth $155B, up 2.5% from $151B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q3 2021 filing shows 96 new, 254 increased, 288 reduced and 100 closed positions. Its largest new stake was ZoomInfo Technologies: 3,206,107 shares worth $196M. The largest sale was Match Group, an estimated $929M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2021 buy was ZoomInfo Technologies: 3,206,107 shares worth $196M.
- Jennison Associates added most to BioNTech in Q3 2021, an estimated $1.21B increase.
- Jennison Associates's biggest Q3 2021 reduction was Match Group, cutting an estimated $929M.
- Jennison Associates fully exited Zoom in Q3 2021, selling an estimated $285M.
- Jennison Associates's ten largest holdings make up 38% of its $155B portfolio in Q3 2021.
- Jennison Associates opened 96 new positions and closed 100 in Q3 2021.
- Jennison Associates's portfolio value rose 2.5% quarter-over-quarter to $155B.
Based on Jennison Associates's 13F filing for Q3 2021, filed 9 Nov 2021.