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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PE
376
DELISTED
PARSLEY ENERGY INC
PE
| $10.4M | 0.01% |
1,113,984
-1,984
| -0.2% | -$21.2K |
|
|
NEE.PRQ
377
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $10.4M | 0.01% |
+218,000
| New | +$10.4M |
|
378
Lincoln Electric
LECO
$15.2B
| $10.4M | 0.01% |
+112,857
| New | +$10.4M |
|
|
GTLS
379
DELISTED
Chart Industries
GTLS
| $10.4M | 0.01% |
147,428
+7,979
| +6% | +$519K |
|
|
CXO
380
DELISTED
CONCHO RESOURCES INC.
CXO
| $10.2M | 0.01% |
230,350
+33,581
| +17% | +$1.67M |
|
381
Mayville Engineering Co
MEC
$633M
| $9.99M | 0.01% |
1,086,774
+330,327
| +44% | +$2.79M |
|
|
WCN
382
Waste Connections
WCN
$42.2B
| $9.93M | 0.01% |
95,693
+4,069
| +4% | +$407K |
|
|
MMP
383
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $9.85M | 0.01% |
288,097
-6,166
| -2% | -$244K |
|
|
PS
384
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $9.78M | 0.01% |
570,844
+8,628
| +2% | +$165K |
|
385
Clearway Energy Class C
CWEN
$5.12B
| $9.76M | 0.01% |
362,181
-2,255
| -0.6% | -$55.7K |
|
|
PROS
386
DELISTED
ProSight Global, Inc.
PROS
| $9.62M | 0.01% |
848,403
+269,645
| +47% | +$2.49M |
|
|
PXD
387
DELISTED
Pioneer Natural Resource Co.
PXD
| $9.48M | 0.01% |
110,299
+40,406
| +58% | +$3.98M |
|
|
Y
388
DELISTED
Alleghany Corp
Y
| $9.41M | 0.01% |
18,083
| – | – |
|
389
Healthcare Services Group
HCSG
$1.51B
| $9.28M | 0.01% |
430,918
+6,535
| +2% | +$152K |
|
390
Cheniere Energy
CQP
$32B
| $8.88M | 0.01% |
266,879
-5,699
| -2% | -$201K |
|
391
Brookfield Renewable
BEP
$9.82B
| $8.78M | 0.01% |
250,634
-64,866
| -21% | -$1.92M |
|
392
Monro
MNRO
$388M
| $8.65M | 0.01% |
213,182
+4,286
| +2% | +$219K |
|
393
ON Semiconductor
ON
$18.6B
| $8.63M | 0.01% |
397,859
-193,246
| -33% | -$4.1M |
|
394
Accenture
ACN
$105B
| $8.44M | 0.01% |
+37,323
| New | +$8.55M |
|
395
Starwood Property Trust
STWD
$5.91B
| $8.19M | 0.01% |
542,416
-89,591
| -14% | -$1.37M |
|
396
Energy Transfer Partners
ET
$71.2B
| $8.18M | 0.01% |
1,508,947
-32,695
| -2% | -$208K |
|
397
AppFolio
APPF
$6.87B
| $8.12M | 0.01% |
57,275
-93,053
| -62% | -$14.3M |
|
398
Oneok
OKE
$55.4B
| $7.96M | 0.01% |
306,527
-53,363
| -15% | -$1.49M |
|
|
HES
399
DELISTED
Hess
HES
| $7.86M | 0.01% |
191,902
+16,319
| +9% | +$775K |
|
400
Diamondback Energy
FANG
$53.1B
| $7.82M | 0.01% |
259,486
+6,201
| +2% | +$236K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.