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 |
Salesforce
CRM
|
+$1.15B |
| 2 |
Snowflake
SNOW
|
+$725M |
| 3 |
Roblox
RBLX
|
+$671M |
| 4 |
Atlassian
TEAM
|
+$520M |
| 5 |
Sea Limited
SE
|
+$466M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.75B |
| 2 |
DOCU
DocuSign
DOCU
|
+$1.48B |
| 3 |
Twilio
TWLO
|
+$985M |
| 4 |
Carvana
CVNA
|
+$937M |
| 5 |
Visa
V
|
+$797M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.54% |
| 2 | Consumer Discretionary | 24.29% |
| 3 | Communication Services | 13.9% |
| 4 | Healthcare | 8.84% |
| 5 | Financials | 7.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Freshpet
FRPT
$2.93B
| $35.6M | 0.02% |
374,018
-148,364
| -28% | -$18.4M |
|
277
iShares Russell 1000 Growth ETF
IWF
$124B
| $35.3M | 0.02% |
461,868
+413,516
| +855% | +$30.7M |
|
278
MakeMyTrip
MMYT
$5.81B
| $35.2M | 0.02% |
1,269,301
+253,158
| +25% | +$7.53M |
|
279
TFI International
TFII
$11.1B
| $35.1M | 0.02% |
312,727
+21,093
| +7% | +$2.29M |
|
280
American Tower
AMT
$80.6B
| $34.6M | 0.02% |
118,279
-134,640
| -53% | -$36.8M |
|
281
Paycom
PAYC
$7.86B
| $34M | 0.02% |
82,007
-9,682
| -11% | -$4.58M |
|
282
Descartes Systems
DSGX
$6.56B
| $34M | 0.02% |
411,786
+52,172
| +15% | +$4.28M |
|
283
Energy Transfer Partners
ET
$69.8B
| $34M | 0.02% |
4,131,268
+219,520
| +6% | +$1.99M |
|
284
Sempra
SRE
$57.3B
| $34M | 0.02% |
513,838
-119,008
| -19% | -$7.54M |
|
285
Clear Secure
YOU
$5.56B
| $32.9M | 0.02% |
1,049,097
+364,443
| +53% | +$13.5M |
|
286
Wingstop
WING
$3.55B
| $32.9M | 0.02% |
190,353
-3,842
| -2% | -$644K |
|
|
ROIC
287
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $31.8M | 0.02% |
1,620,965
-60,321
| -4% | -$1.11M |
|
288
Jack Henry & Associates
JKHY
$11.1B
| $31.3M | 0.02% |
187,256
+17,724
| +10% | +$2.87M |
|
289
BioLife Solutions
BLFS
$1.57B
| $31.2M | 0.02% |
838,249
+543,914
| +185% | +$23.3M |
|
290
CRISPR Therapeutics
CRSP
$4.88B
| $31M | 0.02% |
409,683
-7,297
| -2% | -$637K |
|
|
PLYM
291
DELISTED
Plymouth Industrial REIT
PLYM
| $30.6M | 0.02% |
956,858
+39,152
| +4% | +$1.08M |
|
292
Definitive Healthcare
DH
$73.9M
| $30.5M | 0.02% |
1,116,517
+805,036
| +258% | +$28.2M |
|
|
TXNM
293
TXNM Energy Inc
TXNM
$5.94B
| $30.5M | 0.02% |
+668,325
| New | +$32.1M |
|
294
Diamondback Energy
FANG
$55.9B
| $30.3M | 0.02% |
280,651
+1,224
| +0.4% | +$133K |
|
|
AESC
295
DELISTED
The AES Corporation
AESC
| $29.8M | 0.02% |
309,964
| – | – |
|
|
GFLU
296
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $29.7M | 0.02% |
341,616
| – | – |
|
|
KNBE
297
DELISTED
KnowBe4, Inc. Class A Common Stock
KNBE
| $29.6M | 0.02% |
+1,291,493
| New | +$30.3M |
|
|
SILK
298
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $29.4M | 0.02% |
689,822
+113,974
| +20% | +$5.7M |
|
|
SPR
299
DELISTED
Spirit AeroSystems
SPR
| $28.9M | 0.02% |
670,404
+465,194
| +227% | +$19.9M |
|
300
Bally's
BALY
$689M
| $28.4M | 0.02% |
746,133
-6,224
| -0.8% | -$272K |
|
Similar funds
Jennison Associates's Q4 2021 Portfolio in Review
As of Q4 2021, Jennison Associates held 746 positions worth $158B, up 2% from $155B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates withdrew a net $5.22B in Q4 2021, closing 93 positions and reducing 314 holdings. Its most notable exit was DocuSign, an estimated $1.48B position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jennison Associates opened a new position in NXP Semiconductors worth $122M.
- Jennison Associates's largest Q4 2021 buy was NXP Semiconductors: 536,962 shares worth $122M.
- Jennison Associates added most to Salesforce in Q4 2021, an estimated $1.15B increase.
- Jennison Associates's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $1.75B.
- Jennison Associates fully exited DocuSign in Q4 2021, selling an estimated $1.48B.
- Jennison Associates's ten largest holdings make up 42% of its $158B portfolio in Q4 2021.
- Jennison Associates opened 85 new positions and closed 93 in Q4 2021.
- Jennison Associates's portfolio value rose 2% quarter-over-quarter to $158B.
Based on Jennison Associates's 13F filing for Q4 2021, filed 8 Feb 2022.