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 | |
|---|---|---|---|---|---|---|
276
NiSource
NI
$21.3B
| $35.3M | 0.02% |
1,455,124
+33,352
| +2% | +$832K |
|
277
Teledyne Technologies
TDY
$31.5B
| $35.2M | 0.02% |
81,980
+47,290
| +136% | +$20.9M |
|
278
Monolithic Power Systems
MPWR
$66.4B
| $33.8M | 0.02% |
69,702
-20,556
| -23% | -$9.35M |
|
279
Texas Roadhouse
TXRH
$13.8B
| $33.7M | 0.02% |
369,200
-118,819
| -24% | -$11.1M |
|
280
Southern Company
SO
$107B
| $33.6M | 0.02% |
542,886
| – | – |
|
281
BJs Wholesale Club
BJ
$12.4B
| $33.2M | 0.02% |
604,594
-207,233
| -26% | -$11.1M |
|
282
Illumina
ILMN
$29.8B
| $32.9M | 0.02% |
83,505
+17
| +0% | +$7.82K |
|
283
Edison International
EIX
$27.7B
| $32.9M | 0.02% |
593,833
-35,781
| -6% | -$2.05M |
|
284
Trinity Industries
TRN
$2.51B
| $32.6M | 0.02% |
1,200,688
+109,318
| +10% | +$3.02M |
|
|
BRDG
285
DELISTED
Bridge Investment Group
BRDG
| $32.5M | 0.02% |
+1,836,856
| New | +$31.6M |
|
286
OGE Energy
OGE
$9.8B
| $32.4M | 0.02% |
982,521
| – | – |
|
|
AGR
287
DELISTED
Avangrid, Inc.
AGR
| $32.3M | 0.02% |
665,487
+422
| +0.1% | +$22.2K |
|
288
PG&E
PCG
$38.4B
| $32.3M | 0.02% |
3,368,440
-203,538
| -6% | -$1.92M |
|
|
AZEK
289
DELISTED
The AZEK Co
AZEK
| $32M | 0.02% |
875,333
+81,117
| +10% | +$3.16M |
|
290
Wingstop
WING
$3.42B
| $31.8M | 0.02% |
194,195
-38,525
| -17% | -$6.53M |
|
|
SILK
291
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $31.7M | 0.02% |
575,848
+356,271
| +162% | +$18.6M |
|
292
Prologis
PLD
$131B
| $31.5M | 0.02% |
250,758
-59,771
| -19% | -$7.76M |
|
293
FIVE9
FIVN
$2.29B
| $31.3M | 0.02% |
195,927
-137,270
| -41% | -$25M |
|
294
Core & Main
CNM
$8.69B
| $31.1M | 0.02% |
+1,185,916
| New | +$31.6M |
|
295
Citi Trends
CTRN
$599M
| $31.1M | 0.02% |
425,717
+20,006
| +5% | +$1.6M |
|
296
Alexandria Real Estate Equities
ARE
$8.77B
| $31M | 0.02% |
162,479
-4,822
| -3% | -$960K |
|
297
Rush Enterprises Class A
RUSHA
$6.42B
| $31M | 0.02% |
1,029,266
+12,642
| +1% | +$374K |
|
298
Rush Street Interactive
RSI
$2.93B
| $30.6M | 0.02% |
1,593,843
-8,254
| -0.5% | -$113K |
|
299
Ralph Lauren
RL
$22.8B
| $30.5M | 0.02% |
274,344
+124,590
| +83% | +$14.4M |
|
|
SNCY
300
DELISTED
Sun Country Airlines
SNCY
| $30.3M | 0.02% |
903,965
+347,339
| +62% | +$11.6M |
|
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.