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 | |
|---|---|---|---|---|---|---|
376
Prestige Consumer Healthcare
PBH
$2.5B
| $17M | 0.01% |
385,056
-143,047
| -27% | -$6.01M |
|
377
Starwood Property Trust
STWD
$5.99B
| $16.9M | 0.01% |
684,677
+146,365
| +27% | +$3.17M |
|
|
Y
378
DELISTED
Alleghany Corp
Y
| $16.8M | 0.01% |
26,803
+4,362
| +19% | +$2.7M |
|
379
Descartes Systems
DSGX
$6.58B
| $15.9M | 0.01% |
+261,789
| New | +$15.9M |
|
380
Plug Power
PLUG
$2.9B
| $15.9M | 0.01% |
443,287
+406,977
| +1,121% | +$21M |
|
381
Plains GP Holdings
PAGP
$4.98B
| $15.8M | 0.01% |
1,681,094
| – | – |
|
|
OCDX
382
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $15.6M | 0.01% |
+806,278
| New | +$14.2M |
|
383
Jack Henry & Associates
JKHY
$10.9B
| $15.2M | 0.01% |
100,024
+25,028
| +33% | +$3.82M |
|
384
ACV Auctions
ACVA
$1.32B
| $15.1M | 0.01% |
+436,367
| New | +$14M |
|
385
Emergent Biosolutions
EBS
$391M
| $15.1M | 0.01% |
162,550
-231,924
| -59% | -$23.8M |
|
386
HealthEquity
HQY
$8.67B
| $14.7M | 0.01% |
216,171
-10,651
| -5% | -$837K |
|
387
Royal Gold
RGLD
$18.2B
| $14.7M | 0.01% |
136,351
+12,141
| +10% | +$1.3M |
|
388
Caterpillar
CAT
$409B
| $14.5M | 0.01% |
62,625
+267
| +0.4% | +$55.3K |
|
|
MRTX
389
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $14.3M | 0.01% |
+83,597
| New | +$16.6M |
|
|
SI
390
DELISTED
Silvergate Capital Corporation
SI
| $14M | 0.01% |
+98,715
| New | +$11.7M |
|
391
Moelis & Co
MC
$5.15B
| $14M | 0.01% |
255,174
-54,659
| -18% | -$2.93M |
|
392
Talkspace
TALK
$873M
| $13.9M | 0.01% |
+1,398,527
| New | +$15.2M |
|
393
Atlantic Union Bankshares
AUB
$6.13B
| $13.8M | 0.01% |
359,649
-350,830
| -49% | -$12.9M |
|
|
LVOX
394
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $13.8M | 0.01% |
+1,369,705
| New | +$14.1M |
|
395
Abbott
ABT
$181B
| $13.7M | 0.01% |
114,036
-457,389
| -80% | -$54.2M |
|
|
SWTX
396
DELISTED
SpringWorks Therapeutics
SWTX
| $13.6M | 0.01% |
+185,085
| New | +$14.5M |
|
397
United Parcel Service
UPS
$91.7B
| $13.4M | 0.01% |
78,555
-35,054
| -31% | -$5.67M |
|
|
AMK
398
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $13.1M | 0.01% |
562,928
-67,700
| -11% | -$1.64M |
|
|
ALLK
399
DELISTED
Allakos
ALLK
| $12.8M | 0.01% |
+111,292
| New | +$14.1M |
|
400
Mayville Engineering Co
MEC
$682M
| $12.7M | 0.01% |
881,814
-126,208
| -13% | -$1.86M |
|
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.