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 | |
|---|---|---|---|---|---|---|
|
TPTX
301
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $30.3M | 0.02% |
455,830
-298,030
| -40% | -$21.2M |
|
|
302
RingCentral
RNG
$5.09B
| $30.3M | 0.02% |
139,177
-1,969,466
| -93% | -$499M |
|
303
Pinterest
PINS
$14.3B
| $29.9M | 0.02% |
587,633
-276,057
| -32% | -$17M |
|
|
AESC
304
DELISTED
The AES Corporation
AESC
| $29.9M | 0.02% |
309,964
| – | – |
|
305
TFI International
TFII
$11.6B
| $29.8M | 0.02% |
291,634
-190,540
| -40% | -$20.4M |
|
306
Novavax
NVAX
$1.26B
| $29.7M | 0.02% |
143,362
+22,964
| +19% | +$5.06M |
|
|
ROIC
307
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $29.3M | 0.02% |
1,681,286
+484,045
| +40% | +$8.51M |
|
308
Caterpillar
CAT
$404B
| $29.3M | 0.02% |
152,414
-50,818
| -25% | -$10.6M |
|
309
Qiagen
QGEN
$8.73B
| $29.2M | 0.02% |
533,612
+187,917
| +54% | +$10.5M |
|
310
Descartes Systems
DSGX
$6.63B
| $29.2M | 0.02% |
359,614
-11,156
| -3% | -$845K |
|
311
WSFS Financial
WSFS
$4.21B
| $29.1M | 0.02% |
567,313
+4,501
| +0.8% | +$202K |
|
|
GFLU
312
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $29.1M | 0.02% |
341,616
+14,370
| +4% | +$1.15M |
|
|
SI
313
DELISTED
Silvergate Capital Corporation
SI
| $28.9M | 0.02% |
250,379
+9,564
| +4% | +$1.02M |
|
314
Oneok
OKE
$55.2B
| $28.4M | 0.02% |
489,504
-43,934
| -8% | -$2.36M |
|
|
HES
315
DELISTED
Hess
HES
| $28.2M | 0.02% |
361,056
+2,310
| +0.6% | +$170K |
|
316
Clear Secure
YOU
$5.62B
| $28.1M | 0.02% |
684,654
+284,654
| +71% | +$13.3M |
|
317
Jack Henry & Associates
JKHY
$11.1B
| $27.8M | 0.02% |
169,532
+71,094
| +72% | +$12.2M |
|
|
FFWM
318
DELISTED
First Foundation Inc
FFWM
| $27.8M | 0.02% |
1,056,218
+58,995
| +6% | +$1.41M |
|
|
Y
319
DELISTED
Alleghany Corp
Y
| $27.7M | 0.02% |
44,316
+4,326
| +11% | +$2.86M |
|
320
MPLX
MPLX
$61.4B
| $27.7M | 0.02% |
971,558
-9,507
| -1% | -$269K |
|
321
MakeMyTrip
MMYT
$5.95B
| $27.6M | 0.02% |
1,016,143
+256,323
| +34% | +$6.93M |
|
322
Toll Brothers
TOL
$14.3B
| $27.6M | 0.02% |
499,691
+213,458
| +75% | +$12.6M |
|
323
Nurix Therapeutics
NRIX
$2.56B
| $27.5M | 0.02% |
919,219
+182
| +0% | +$5.62K |
|
324
Western Midstream Partners
WES
$19.3B
| $27.5M | 0.02% |
1,313,054
-12,848
| -1% | -$256K |
|
325
Payoneer
PAYO
$2.41B
| $27.1M | 0.02% |
3,166,343
+1,518,962
| +92% | +$14.8M |
|
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.