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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMEO
326
DELISTED
Vimeo
VMEO
| $27.4M | 0.02% |
+559,532
| New | +$25.7M |
|
|
SI
327
DELISTED
Silvergate Capital Corporation
SI
| $27.3M | 0.02% |
240,815
+142,100
| +144% | +$16.1M |
|
328
Vroom Inc
VRM
$39M
| $27M | 0.02% |
8,069
-191
| -2% | -$649K |
|
|
SYNH
329
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $26.8M | 0.02% |
299,372
-174,846
| -37% | -$14.8M |
|
330
Diamondback Energy
FANG
$57.1B
| $26.7M | 0.02% |
284,778
+11,681
| +4% | +$963K |
|
|
Y
331
DELISTED
Alleghany Corp
Y
| $26.7M | 0.02% |
39,990
+13,187
| +49% | +$9.07M |
|
332
Goosehead Insurance
GSHD
$2.2B
| $26.6M | 0.02% |
208,774
-7,997
| -4% | -$815K |
|
333
ASML
ASML
$626B
| $26.5M | 0.02% |
38,407
-4,309
| -10% | -$2.84M |
|
334
WSFS Financial
WSFS
$4.12B
| $26.2M | 0.02% |
562,812
+17,402
| +3% | +$886K |
|
335
PENN Entertainment
PENN
$2.75B
| $26M | 0.02% |
339,685
+164,549
| +94% | +$14.2M |
|
|
SWTX
336
DELISTED
SpringWorks Therapeutics
SWTX
| $25.8M | 0.02% |
313,659
+128,574
| +69% | +$9.76M |
|
|
INN
337
Summit Hotel Properties
INN
$746M
| $25.8M | 0.02% |
2,760,098
+715,689
| +35% | +$7.08M |
|
338
Descartes Systems
DSGX
$6.44B
| $25.6M | 0.02% |
370,770
+108,981
| +42% | +$6.89M |
|
339
Novavax
NVAX
$1.2B
| $25.6M | 0.02% |
120,398
-77,852
| -39% | -$14.3M |
|
|
SMAR
340
DELISTED
Smartsheet Inc.
SMAR
| $24.8M | 0.02% |
342,343
+4,689
| +1% | +$293K |
|
|
IAA
341
DELISTED
IAA, Inc. Common Stock
IAA
| $24.6M | 0.02% |
450,202
+60,885
| +16% | +$3.5M |
|
|
GFLU
342
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $24.5M | 0.02% |
327,246
-82,497
| -20% | -$6.32M |
|
|
BRKL
343
DELISTED
Brookline Bancorp
BRKL
| $24.4M | 0.02% |
1,635,158
+5,129
| +0.3% | +$82.1K |
|
344
Q2 Holdings
QTWO
$3.8B
| $24.4M | 0.02% |
237,811
-7,129
| -3% | -$714K |
|
345
Nurix Therapeutics
NRIX
$2.41B
| $24.4M | 0.02% |
919,037
-957
| -0.1% | -$28.1K |
|
346
Enterprise Products Partners
EPD
$82.3B
| $24.3M | 0.02% |
1,007,170
+11,725
| +1% | +$278K |
|
347
Hershey
HSY
$35.5B
| $23.9M | 0.02% |
137,014
+128,379
| +1,487% | +$21.6M |
|
|
PXD
348
DELISTED
Pioneer Natural Resource Co.
PXD
| $23.6M | 0.02% |
145,432
-59,880
| -29% | -$9.41M |
|
|
HOLX
349
DELISTED
Hologic
HOLX
| $23.3M | 0.02% |
+349,781
| New | +$23.4M |
|
350
Sprouts Farmers Market
SFM
$8.13B
| $23M | 0.02% |
924,803
-88,953
| -9% | -$2.37M |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.