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 | |
|---|---|---|---|---|---|---|
351
C4 Therapeutics
CCCC
$401M
| $21.7M | 0.01% |
485,313
-2,862
| -0.6% | -$123K |
|
352
Kennametal
KMT
$2.71B
| $21.6M | 0.01% |
631,148
-242,213
| -28% | -$8.7M |
|
353
Enterprise Products Partners
EPD
$81.2B
| $21.6M | 0.01% |
997,410
-9,760
| -1% | -$222K |
|
354
Steel Dynamics
STLD
$38.1B
| $21.4M | 0.01% |
366,676
+27,149
| +8% | +$1.74M |
|
|
GTLS
355
DELISTED
Chart Industries
GTLS
| $21.2M | 0.01% |
111,094
-21,170
| -16% | -$3.65M |
|
356
Hershey
HSY
$35.9B
| $21.2M | 0.01% |
125,313
-11,701
| -9% | -$2.07M |
|
|
AAT
357
American Assets Trust
AAT
$1.42B
| $21.1M | 0.01% |
+563,652
| New | +$21.4M |
|
358
Oric Pharmaceuticals
ORIC
$1.37B
| $20.9M | 0.01% |
999,876
+2,931
| +0.3% | +$59.4K |
|
|
PLYM
359
DELISTED
Plymouth Industrial REIT
PLYM
| $20.9M | 0.01% |
917,706
+449,376
| +96% | +$10.1M |
|
360
AvalonBay Communities
AVB
$27.1B
| $20.8M | 0.01% |
93,888
+40,038
| +74% | +$8.99M |
|
361
Adecoagro
AGRO
$1.34B
| $20.7M | 0.01% |
2,293,377
+180,370
| +9% | +$1.69M |
|
362
Corning
GLW
$137B
| $20.6M | 0.01% |
564,339
-246,555
| -30% | -$9.85M |
|
|
RDS.A
363
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $20.4M | 0.01% |
457,108
+62,637
| +16% | +$2.53M |
|
364
KKR & Co
KKR
$93.9B
| $20.4M | 0.01% |
334,416
-7,010
| -2% | -$440K |
|
365
Avery Dennison
AVY
$13.2B
| $20.2M | 0.01% |
97,713
-8,585
| -8% | -$1.84M |
|
|
NUVA
366
DELISTED
NuVasive, Inc.
NUVA
| $20M | 0.01% |
334,232
| – | – |
|
367
Crown Castle
CCI
$31.6B
| $19.9M | 0.01% |
114,899
+97,700
| +568% | +$18.9M |
|
368
Metropolitan Bank Holding Corp
MCB
$1.16B
| $19.7M | 0.01% |
+234,147
| New | +$17.1M |
|
369
PENN Entertainment
PENN
$2.65B
| $19.7M | 0.01% |
271,886
-67,799
| -20% | -$4.98M |
|
370
Q2 Holdings
QTWO
$3.92B
| $19M | 0.01% |
236,577
-1,234
| -0.5% | -$113K |
|
371
Howard Hughes
HHH
$3.91B
| $18.6M | 0.01% |
222,619
+29,044
| +15% | +$2.51M |
|
372
EQT Corp
EQT
$32.3B
| $18.6M | 0.01% |
910,453
+272,109
| +43% | +$5.26M |
|
|
AXNX
373
DELISTED
Axonics, Inc. Common Stock
AXNX
| $18.5M | 0.01% |
284,820
-3,504
| -1% | -$239K |
|
374
VTEX
VTEX
$752M
| $18.5M | 0.01% |
+900,969
| New | +$22.5M |
|
375
Hamilton Lane
HLNE
$5.6B
| $18.5M | 0.01% |
217,731
-1,168
| -0.5% | -$105K |
|
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.