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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Prestige Consumer Healthcare
PBH
$2.58B
| $20.3M | 0.02% |
556,550
+24,934
| +5% | +$927K |
|
302
Suncor Energy
SU
$72.4B
| $19.8M | 0.02% |
1,621,399
-191,373
| -11% | -$3M |
|
303
Pentair
PNR
$11.2B
| $19.7M | 0.02% |
430,722
+84,992
| +25% | +$3.7M |
|
|
ETRN
304
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $19.7M | 0.02% |
2,326,539
+880,682
| +61% | +$8.61M |
|
305
WSFS Financial
WSFS
$4.2B
| $19.7M | 0.02% |
728,671
+430,894
| +145% | +$12.2M |
|
|
DOC
306
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $19.6M | 0.02% |
1,097,027
+14,432
| +1% | +$257K |
|
|
NOVA
307
DELISTED
Sunnova Energy
NOVA
| $19.3M | 0.02% |
634,293
+77,953
| +14% | +$1.85M |
|
308
PagerDuty
PD
$856M
| $19.2M | 0.02% |
+709,349
| New | +$19.9M |
|
|
FFWM
309
DELISTED
First Foundation Inc
FFWM
| $19.2M | 0.02% |
1,467,906
+450,101
| +44% | +$6.83M |
|
|
KAMN
310
DELISTED
Kaman Corp
KAMN
| $19.1M | 0.02% |
488,874
+285,249
| +140% | +$12.3M |
|
311
Enterprise Products Partners
EPD
$82.3B
| $18.9M | 0.02% |
1,197,604
-25,538
| -2% | -$447K |
|
312
United Parcel Service
UPS
$87.7B
| $18.9M | 0.02% |
+113,371
| New | +$16.5M |
|
|
ROIC
313
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $18.3M | 0.01% |
1,759,754
-220,057
| -11% | -$2.41M |
|
314
Gossamer Bio
GOSS
$87.2M
| $18.3M | 0.01% |
1,476,643
+5,335
| +0.4% | +$70.7K |
|
315
MPLX
MPLX
$61.3B
| $17.9M | 0.01% |
1,134,528
-24,122
| -2% | -$436K |
|
316
LiveRamp
RAMP
$2.3B
| $17.7M | 0.01% |
342,156
-192,508
| -36% | -$9.62M |
|
317
Kinross Gold
KGC
$30.4B
| $17.6M | 0.01% |
1,994,831
-137,056
| -6% | -$1.19M |
|
318
Trinity Industries
TRN
$2.47B
| $17.5M | 0.01% |
897,804
-64,508
| -7% | -$1.31M |
|
|
IMMU
319
CALL
DELISTED
Immunomedics Inc
IMMU
| $17M | 0.01% |
200,000
| – | – |
|
320
Pembina Pipeline
PBA
$27.9B
| $16.9M | 0.01% |
797,777
-18,865
| -2% | -$463K |
|
321
Integra LifeSciences
IART
$1.33B
| $16.9M | 0.01% |
357,796
-115,307
| -24% | -$5.48M |
|
|
CNST
322
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $16.9M | 0.01% |
833,683
+169,776
| +26% | +$4.15M |
|
323
Rush Enterprises Class A
RUSHA
$6.2B
| $16.6M | 0.01% |
+738,331
| New | +$15.7M |
|
|
XENT
324
DELISTED
Intersect ENT, Inc
XENT
| $16.4M | 0.01% |
1,007,769
+371,624
| +58% | +$6.73M |
|
325
Alexandria Real Estate Equities
ARE
$8.34B
| $16.3M | 0.01% |
101,691
-671
| -0.7% | -$112K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.