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 |
RingCentral
RNG
|
+$588M |
| 2 |
Teladoc Health
TDOC
|
+$564M |
| 3 |
Atlassian
TEAM
|
+$519M |
| 4 |
Spotify
SPOT
|
+$511M |
| 5 |
CrowdStrike
CRWD
|
+$510M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.05B |
| 2 |
Salesforce
CRM
|
+$664M |
| 3 |
Corpay
CPAY
|
+$411M |
| 4 |
Microsoft
MSFT
|
+$404M |
| 5 |
Broadcom
AVGO
|
+$385M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.48% |
| 2 | Consumer Discretionary | 20.25% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.66% |
| 5 | Financials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
LiveRamp
RAMP
$2.3B
| $22.7M | 0.02% |
534,664
-25,192
| -4% | -$992K |
|
|
ROIC
277
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $22.4M | 0.02% |
1,979,811
-245,372
| -11% | -$2.38M |
|
278
Littelfuse
LFUS
$11.3B
| $22.3M | 0.02% |
+130,446
| New | +$19.8M |
|
279
Okta
OKTA
$24.6B
| $22.2M | 0.02% |
111,103
+109,123
| +5,511% | +$18.5M |
|
280
Integra LifeSciences
IART
$1.39B
| $22.2M | 0.02% |
473,103
-197,181
| -29% | -$9.69M |
|
281
Enterprise Products Partners
EPD
$81.9B
| $22.2M | 0.02% |
1,223,142
-121,378
| -9% | -$2.17M |
|
|
GFLU
282
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $22.1M | 0.02% |
452,952
+42,525
| +10% | +$2M |
|
283
Trex
TREX
$4.66B
| $21.8M | 0.02% |
334,550
-6,734
| -2% | -$359K |
|
|
B
284
Barrick Mining
B
$62.6B
| $21.6M | 0.02% |
802,410
-311,485
| -28% | -$7.78M |
|
|
DNKN
285
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $21.3M | 0.02% |
326,348
+154,452
| +90% | +$9.61M |
|
286
MaxLinear
MXL
$6.09B
| $21M | 0.02% |
978,817
+86,975
| +10% | +$1.5M |
|
287
Zai Lab
ZLAB
$2.05B
| $20.9M | 0.02% |
254,128
-5,178
| -2% | -$350K |
|
288
CRISPR Therapeutics
CRSP
$4.88B
| $20.5M | 0.02% |
279,188
+102,689
| +58% | +$6M |
|
289
Trinity Industries
TRN
$2.5B
| $20.5M | 0.02% |
962,312
+54,578
| +6% | +$1.05M |
|
290
Brunswick
BC
$5.16B
| $20.4M | 0.02% |
+319,175
| New | +$15.9M |
|
291
Pembina Pipeline
PBA
$28B
| $20.4M | 0.02% |
816,642
-873,404
| -52% | -$20.2M |
|
292
Enviri
NVRI
$651M
| $20.4M | 0.02% |
1,508,999
-17,570
| -1% | -$177K |
|
293
Genmab
GMAB
$17.6B
| $20.2M | 0.02% |
597,089
+1,807
| +0.3% | +$49.2K |
|
|
MNTA
294
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $20.2M | 0.02% |
606,894
+3,198
| +0.5% | +$102K |
|
295
Madrigal Pharmaceuticals
MDGL
$11.1B
| $20.1M | 0.02% |
177,565
-47,369
| -21% | -$4.66M |
|
296
MPLX
MPLX
$59.8B
| $20M | 0.02% |
1,158,650
+382,617
| +49% | +$6.53M |
|
297
Prestige Consumer Healthcare
PBH
$2.46B
| $20M | 0.02% |
531,616
+19,487
| +4% | +$779K |
|
|
CNST
298
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $19.9M | 0.02% |
+663,907
| New | +$23.9M |
|
299
Shift4
FOUR
$4.31B
| $19.4M | 0.02% |
+547,771
| New | +$20M |
|
300
SelectQuote
SLQT
$133M
| $19.4M | 0.02% |
+765,277
| New | +$20.5M |
|
Similar funds
Jennison Associates's Q2 2020 Portfolio in Review
As of Q2 2020, Jennison Associates held 732 positions worth $111B, up 34% from $82.3B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Jennison Associates's Q2 2020 filing shows 114 new, 259 increased, 235 reduced and 112 closed positions. Its largest new stake was Spotify: 2,981,887 shares worth $770M. The largest sale was Alibaba, an estimated $1.05B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2020 buy was Spotify: 2,981,887 shares worth $770M.
- Jennison Associates added most to RingCentral in Q2 2020, an estimated $588M increase.
- Jennison Associates's biggest Q2 2020 reduction was Alibaba, cutting an estimated $1.05B.
- Jennison Associates fully exited Marriott International in Q2 2020, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 39% of its $111B portfolio in Q2 2020.
- Jennison Associates opened 114 new positions and closed 112 in Q2 2020.
- Jennison Associates's portfolio value rose 34% quarter-over-quarter to $111B.
Based on Jennison Associates's 13F filing for Q2 2020, filed 6 Aug 2020.