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 | |
|---|---|---|---|---|---|---|
276
Lennar Class A
LEN
$21B
| $34M | 0.02% |
+346,724
| New | +$29.2M |
|
277
Wingstop
WING
$3.35B
| $33.7M | 0.02% |
264,625
-40,788
| -13% | -$5.74M |
|
278
Comcast
CMCSA
$87.1B
| $33.6M | 0.02% |
620,672
+139,705
| +29% | +$7.38M |
|
|
AGR
279
DELISTED
Avangrid, Inc.
AGR
| $33.5M | 0.02% |
673,427
-325,489
| -33% | -$15.3M |
|
280
CRISPR Therapeutics
CRSP
$5.16B
| $33.5M | 0.02% |
275,211
-2,083
| -0.8% | -$315K |
|
|
GFLU
281
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $33.4M | 0.02% |
409,743
-98,994
| -19% | -$7.28M |
|
282
Prologis
PLD
$131B
| $33.4M | 0.02% |
314,855
+902
| +0.3% | +$91.9K |
|
283
National Vision
EYE
$1.89B
| $33.3M | 0.02% |
760,625
-96,794
| -11% | -$4.61M |
|
284
TFI International
TFII
$11.6B
| $33.3M | 0.02% |
445,038
-49,752
| -10% | -$3.38M |
|
|
NVO
285
Novo Nordisk
NVO
$202B
| $32.9M | 0.02% |
976,362
-359,168
| -27% | -$12.8M |
|
286
Enterprise Financial Services Corp
EFSC
$2.44B
| $32.8M | 0.02% |
662,844
+193,522
| +41% | +$8.15M |
|
|
PXD
287
DELISTED
Pioneer Natural Resource Co.
PXD
| $32.6M | 0.02% |
205,312
+106,374
| +108% | +$15.1M |
|
288
BioNTech
BNTX
$23.3B
| $32.6M | 0.02% |
+298,555
| New | +$31.7M |
|
289
Entegris
ENTG
$21.9B
| $32.6M | 0.02% |
291,161
+239,116
| +459% | +$24.6M |
|
290
Ameris Bancorp
ABCB
$6B
| $32.3M | 0.02% |
615,211
-263,822
| -30% | -$12.5M |
|
291
OGE Energy
OGE
$9.68B
| $32.2M | 0.02% |
995,667
| – | – |
|
|
XLNX
292
DELISTED
Xilinx Inc
XLNX
| $31.6M | 0.02% |
255,028
-79,710
| -24% | -$10.6M |
|
293
e.l.f. Beauty
ELF
$5.26B
| $31.2M | 0.02% |
1,163,421
+674,844
| +138% | +$16.8M |
|
294
Illumina
ILMN
$30.4B
| $31.2M | 0.02% |
83,505
-1,199
| -1% | -$489K |
|
295
Boston Scientific
BSX
$69.7B
| $31M | 0.02% |
801,037
-1,047,114
| -57% | -$39.6M |
|
296
First Bancorp
FBNC
$2.71B
| $30.3M | 0.02% |
695,741
-59,333
| -8% | -$2.36M |
|
297
Gaming and Leisure Properties
GLPI
$12.5B
| $30.2M | 0.02% |
712,588
-192,546
| -21% | -$8.16M |
|
|
NOVA
298
DELISTED
Sunnova Energy
NOVA
| $30M | 0.02% |
734,150
+256,968
| +54% | +$11.4M |
|
299
PagerDuty
PD
$866M
| $29.9M | 0.02% |
742,069
-37,189
| -5% | -$1.7M |
|
300
Houlihan Lokey
HLI
$8.97B
| $29.7M | 0.02% |
446,151
+43,338
| +11% | +$2.92M |
|
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.