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 |
XYZ
Block Inc
XYZ
|
+$1.67B |
| 2 |
Snowflake
SNOW
|
+$1.03B |
| 3 |
Shopify
SHOP
|
+$940M |
| 4 |
TJX Companies
TJX
|
+$933M |
| 5 |
TSMC
TSM
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$3.39B |
| 2 |
Alibaba
BABA
|
+$1.33B |
| 3 |
AstraZeneca
AZN
|
+$1.12B |
| 4 |
Mastercard
MA
|
+$968M |
| 5 |
Goldman Sachs
GS
|
+$911M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.34% |
| 2 | Consumer Discretionary | 23.94% |
| 3 | Communication Services | 14.59% |
| 4 | Financials | 8.49% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
TotalEnergies
TTE
$191B
| $27.1M | 0.02% |
647,823
-16,703
| -3% | -$644K |
|
302
Houlihan Lokey
HLI
$9.09B
| $27.1M | 0.02% |
402,813
-24,907
| -6% | -$1.61M |
|
303
ON Semiconductor
ON
$18.9B
| $26.9M | 0.02% |
820,766
+422,907
| +106% | +$11.8M |
|
304
Suncor Energy
SU
$72B
| $26.8M | 0.02% |
1,595,861
-25,538
| -2% | -$375K |
|
|
KAMN
305
DELISTED
Kaman Corp
KAMN
| $26.7M | 0.02% |
467,698
-21,176
| -4% | -$1.04M |
|
306
Integra LifeSciences
IART
$1.36B
| $26.4M | 0.02% |
406,118
+48,322
| +14% | +$2.6M |
|
307
Centene
CNC
$32.2B
| $25.9M | 0.02% |
430,834
-185,964
| -30% | -$11.8M |
|
|
PE
308
DELISTED
PARSLEY ENERGY INC
PE
| $25.7M | 0.02% |
1,807,673
+693,689
| +62% | +$8.26M |
|
309
First Bancorp
FBNC
$2.7B
| $25.5M | 0.02% |
755,074
-6,632
| -0.9% | -$192K |
|
310
TFI International
TFII
$11.5B
| $25.5M | 0.02% |
494,790
-31,220
| -6% | -$1.55M |
|
311
eHealth
EHTH
$41.3M
| $25.3M | 0.02% |
357,910
+87,258
| +32% | +$6.63M |
|
312
Comcast
CMCSA
$88.5B
| $25.2M | 0.02% |
480,967
-143,080
| -23% | -$6.86M |
|
313
Novavax
NVAX
$1.28B
| $25M | 0.02% |
224,197
+79,028
| +54% | +$8.4M |
|
314
Boot Barn
BOOT
$5.06B
| $25M | 0.02% |
576,318
+96,333
| +20% | +$3.63M |
|
315
CDW
CDW
$18.1B
| $24.8M | 0.02% |
188,447
-170
| -0.1% | -$22.3K |
|
|
GTH
316
DELISTED
Genetron Holdings Limited ADS
GTH
| $24.8M | 0.02% |
590,198
+286,722
| +94% | +$10.4M |
|
317
Eastern Bankshares
EBC
$5.33B
| $24.1M | 0.02% |
+1,479,801
| New | +$21M |
|
|
SPWR
318
DELISTED
SunPower Corporation Common Stock
SPWR
| $24.1M | 0.02% |
939,977
-865,788
| -48% | -$17.5M |
|
|
XENT
319
DELISTED
Intersect ENT, Inc
XENT
| $23.9M | 0.02% |
1,042,951
+35,182
| +3% | +$670K |
|
|
ROIC
320
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $23.9M | 0.02% |
1,782,442
+22,688
| +1% | +$278K |
|
321
Hamilton Lane
HLNE
$5.45B
| $23.8M | 0.02% |
305,021
+57,483
| +23% | +$4.17M |
|
322
MPLX
MPLX
$60.9B
| $23.6M | 0.02% |
1,091,938
-42,590
| -4% | -$840K |
|
323
Atlantic Union Bankshares
AUB
$6.14B
| $23.4M | 0.02% |
710,479
+350,421
| +97% | +$10.1M |
|
324
Sprouts Farmers Market
SFM
$7.89B
| $22.7M | 0.02% |
1,128,543
-71,077
| -6% | -$1.46M |
|
325
Enterprise Products Partners
EPD
$81.7B
| $22.6M | 0.02% |
1,152,623
-44,981
| -4% | -$837K |
|
Similar funds
Jennison Associates's Q4 2020 Portfolio in Review
As of Q4 2020, Jennison Associates held 734 positions worth $140B, up 13% from $124B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2020 filing shows 114 new, 205 increased, 311 reduced and 95 closed positions. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M. The largest sale was Tesla, an estimated $3.39B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2020 buy was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M.
- Jennison Associates added most to Block Inc in Q4 2020, an estimated $1.67B increase.
- Jennison Associates's biggest Q4 2020 reduction was Tesla, cutting an estimated $3.39B.
- Jennison Associates fully exited Immunomedics Inc in Q4 2020, selling an estimated $181M.
- Jennison Associates's ten largest holdings make up 40% of its $140B portfolio in Q4 2020.
- Jennison Associates opened 114 new positions and closed 95 in Q4 2020.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $140B.
Based on Jennison Associates's 13F filing for Q4 2020, filed 5 Feb 2021.