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 |
Broadcom
AVGO
|
+$893M |
| 2 |
Intuitive Surgical
ISRG
|
+$888M |
| 3 |
Microsoft
MSFT
|
+$811M |
| 4 |
SLB Ltd
SLB
|
+$692M |
| 5 |
UnitedHealth
UNH
|
+$609M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.77B |
| 2 |
Shopify
SHOP
|
+$1.5B |
| 3 |
XYZ
Block Inc
XYZ
|
+$1.21B |
| 4 |
Sea Limited
SE
|
+$1.15B |
| 5 |
PayPal
PYPL
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.48% |
| 2 | Consumer Discretionary | 25.37% |
| 3 | Communication Services | 11.39% |
| 4 | Healthcare | 11.27% |
| 5 | Financials | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
B
326
Barrick Mining
B
$68.8B
| $24.4M | 0.02% |
995,556
+414,387
| +71% | +$8.92M |
|
327
Wingstop
WING
$3.37B
| $24.3M | 0.02% |
206,885
+16,532
| +9% | +$2.34M |
|
|
ISEE
328
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $24M | 0.02% |
+1,424,605
| New | +$21.1M |
|
329
On Holding
ONON
$12.7B
| $23.7M | 0.02% |
937,294
+360,922
| +63% | +$9.62M |
|
330
TotalEnergies
TTE
$188B
| $23.4M | 0.02% |
463,292
-482,277
| -51% | -$26.1M |
|
|
GFLU
331
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $23.4M | 0.02% |
315,938
-25,678
| -8% | -$1.85M |
|
332
Prestige Consumer Healthcare
PBH
$2.51B
| $23.3M | 0.02% |
441,021
+11,348
| +3% | +$655K |
|
333
Howard Hughes
HHH
$3.92B
| $22.9M | 0.02% |
232,115
+5,140
| +2% | +$474K |
|
|
AAT
334
American Assets Trust
AAT
$1.42B
| $22.9M | 0.02% |
604,642
+55,218
| +10% | +$2.02M |
|
335
Keurig Dr Pepper
KDP
$41.8B
| $22.8M | 0.02% |
+601,116
| New | +$22.8M |
|
336
Coupang
CPNG
$28.8B
| $22.7M | 0.02% |
1,286,232
+416,413
| +48% | +$8.9M |
|
337
Intellia Therapeutics
NTLA
$1.53B
| $22.5M | 0.02% |
310,036
-725,362
| -70% | -$61.5M |
|
338
Grid Dynamics Holdings
GDYN
$600M
| $22.5M | 0.02% |
1,598,364
+39,252
| +3% | +$802K |
|
339
Ero Copper
ERO
$3.17B
| $22.1M | 0.02% |
1,507,074
+76,068
| +5% | +$1.06M |
|
|
LADR
340
Ladder Capital
LADR
$1.2B
| $22M | 0.02% |
1,850,449
+467,652
| +34% | +$5.5M |
|
341
ACV Auctions
ACVA
$1.34B
| $21.8M | 0.02% |
1,472,939
+408,781
| +38% | +$5.68M |
|
342
Bally's
BALY
$686M
| $21.7M | 0.02% |
704,775
-41,358
| -6% | -$1.4M |
|
343
Newmont
NEM
$110B
| $21.5M | 0.02% |
270,879
+43,932
| +19% | +$2.97M |
|
344
Hershey
HSY
$36.1B
| $21.5M | 0.02% |
99,230
+4,837
| +5% | +$982K |
|
345
Alcoa
AA
$12.6B
| $21M | 0.02% |
233,450
-71,363
| -23% | -$5.18M |
|
346
Starwood Property Trust
STWD
$6.01B
| $21M | 0.02% |
867,480
+7,784
| +0.9% | +$188K |
|
347
Jazz Pharmaceuticals
JAZZ
$17B
| $20.8M | 0.02% |
133,484
+26,253
| +24% | +$3.81M |
|
348
Cognex
CGNX
$11.8B
| $20.7M | 0.02% |
268,706
-4,134
| -2% | -$283K |
|
|
RCM
349
DELISTED
R1 RCM Inc. Common Stock
RCM
| $20.6M | 0.02% |
+770,758
| New | +$18.9M |
|
350
Dow Inc
DOW
$21.4B
| $20.5M | 0.02% |
321,441
-994,994
| -76% | -$60M |
|
Similar funds
Jennison Associates's Q1 2022 Portfolio in Review
As of Q1 2022, Jennison Associates held 735 positions worth $136B, down 14% from $158B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q1 2022 filing shows 82 new, 294 increased, 233 reduced and 110 closed positions. Its largest new stake was Icon: 623,898 shares worth $152M. The largest sale was NVIDIA, an estimated $1.77B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 36% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2022 buy was Icon: 623,898 shares worth $152M.
- Jennison Associates added most to Broadcom in Q1 2022, an estimated $893M increase.
- Jennison Associates's biggest Q1 2022 reduction was NVIDIA, cutting an estimated $1.77B.
- Jennison Associates fully exited Fluence Energy in Q1 2022, selling an estimated $62.9M.
- Jennison Associates's ten largest holdings make up 42% of its $136B portfolio in Q1 2022.
- Jennison Associates opened 82 new positions and closed 110 in Q1 2022.
- Jennison Associates's portfolio value fell 14% quarter-over-quarter to $136B.
Based on Jennison Associates's 13F filing for Q1 2022, filed 11 May 2022.