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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INN
351
Summit Hotel Properties
INN
$727M
| $20.8M | 0.02% |
2,044,409
+1,157,678
| +131% | +$11.2M |
|
352
Southern Copper
SCCO
$162B
| $20.7M | 0.02% |
329,453
-20,861
| -6% | -$1.39M |
|
353
Lincoln Electric
LECO
$15.2B
| $20.4M | 0.02% |
166,331
+16,541
| +11% | +$1.98M |
|
|
LPRO
354
DELISTED
Open Lending Corp
LPRO
| $20.3M | 0.01% |
572,108
+200,111
| +54% | +$7.55M |
|
|
DCP
355
DELISTED
DCP Midstream, LP
DCP
| $20.2M | 0.01% |
934,753
+607,870
| +186% | +$13.4M |
|
356
Diamondback Energy
FANG
$52.7B
| $20.1M | 0.01% |
273,097
+3,608
| +1% | +$247K |
|
357
Utz Brands
UTZ
$2.03B
| $20M | 0.01% |
808,603
+10,628
| +1% | +$258K |
|
358
Hamilton Lane
HLNE
$5.45B
| $20M | 0.01% |
225,516
-79,505
| -26% | -$6.72M |
|
359
BHP
BHP
$226B
| $19.9M | 0.01% |
320,924
+3,210
| +1% | +$207K |
|
|
HRC
360
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $19.4M | 0.01% |
175,472
+54,911
| +46% | +$5.72M |
|
361
Byline Bancorp
BY
$1.79B
| $19.3M | 0.01% |
911,182
+3,641
| +0.4% | +$68.2K |
|
|
XENT
362
DELISTED
Intersect ENT, Inc
XENT
| $19.1M | 0.01% |
915,998
-126,953
| -12% | -$2.93M |
|
|
GTLS
363
DELISTED
Chart Industries
GTLS
| $18.6M | 0.01% |
130,464
-11,664
| -8% | -$1.65M |
|
|
SILK
364
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $18.4M | 0.01% |
363,777
-760,503
| -68% | -$42.3M |
|
365
Biogen
BIIB
$30.1B
| $18.4M | 0.01% |
65,838
+32,082
| +95% | +$8.65M |
|
366
PENN Entertainment
PENN
$2.7B
| $18.4M | 0.01% |
175,136
-306,750
| -64% | -$34M |
|
367
C4 Therapeutics
CCCC
$404M
| $18.2M | 0.01% |
491,148
+317,796
| +183% | +$12.6M |
|
368
Newmont
NEM
$111B
| $18.2M | 0.01% |
301,246
-33,695
| -10% | -$2.02M |
|
|
TIXT
369
DELISTED
TELUS International
TIXT
| $18.1M | 0.01% |
+648,370
| New | +$19M |
|
370
Adecoagro
AGRO
$1.35B
| $17.9M | 0.01% |
2,281,477
-267,123
| -10% | -$2.15M |
|
371
MakeMyTrip
MMYT
$5.65B
| $17.9M | 0.01% |
566,580
+399,262
| +239% | +$12.7M |
|
372
Corning
GLW
$138B
| $17.4M | 0.01% |
400,773
+115,016
| +40% | +$4.42M |
|
373
Huron Consulting
HURN
$2.37B
| $17.3M | 0.01% |
342,415
+7,963
| +2% | +$438K |
|
374
ProQR Therapeutics
PRQR
$281M
| $17.2M | 0.01% |
2,600,427
-16,046
| -0.6% | -$82K |
|
375
SBA Communications
SBAC
$19.3B
| $17.2M | 0.01% |
61,856
-256,200
| -81% | -$67.9M |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.