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 | |
|---|---|---|---|---|---|---|
376
Constellium
CSTM
$4.02B
| $18.2M | 0.01% |
967,305
+55,229
| +6% | +$1.06M |
|
377
Flywire
FLYW
$2.13B
| $18.1M | 0.01% |
413,994
+68,313
| +20% | +$2.66M |
|
378
Moody's
MCO
$83.8B
| $18.1M | 0.01% |
50,866
+33,421
| +192% | +$12.6M |
|
|
ALLK
379
DELISTED
Allakos
ALLK
| $18M | 0.01% |
169,643
+58,351
| +52% | +$5.21M |
|
380
Plains GP Holdings
PAGP
$5.04B
| $17.8M | 0.01% |
1,648,742
-16,133
| -1% | -$169K |
|
|
GTH
381
DELISTED
Genetron Holdings Limited ADS
GTH
| $17.7M | 0.01% |
425,292
-283,920
| -40% | -$13.1M |
|
382
Vroom Inc
VRM
$36.7M
| $17.5M | 0.01% |
9,938
+1,869
| +23% | +$4.76M |
|
383
MGM Resorts International
MGM
$11.7B
| $17.4M | 0.01% |
403,182
-11,452
| -3% | -$467K |
|
384
Ciena
CIEN
$58.2B
| $17.2M | 0.01% |
+335,786
| New | +$18.7M |
|
|
UMH
385
UMH Properties
UMH
$1.3B
| $17.2M | 0.01% |
752,121
-4,000
| -0.5% | -$93.3K |
|
|
VERV
386
DELISTED
Verve Therapeutics
VERV
| $17.2M | 0.01% |
365,577
-4,423
| -1% | -$260K |
|
387
Curtiss-Wright
CW
$28B
| $17.1M | 0.01% |
135,389
-396
| -0.3% | -$47.3K |
|
388
Agilon Health
AGL
$1.58B
| $16.8M | 0.01% |
25,702
+9,356
| +57% | +$7.99M |
|
|
VMEO
389
DELISTED
Vimeo
VMEO
| $16.8M | 0.01% |
572,275
+12,743
| +2% | +$503K |
|
390
Coupang
CPNG
$30.1B
| $16.8M | 0.01% |
602,677
+152,155
| +34% | +$5.26M |
|
391
PagerDuty
PD
$871M
| $16.7M | 0.01% |
403,346
-331,143
| -45% | -$14M |
|
|
TIXT
392
DELISTED
TELUS International
TIXT
| $16.5M | 0.01% |
472,501
-31,406
| -6% | -$1.02M |
|
393
Moelis & Co
MC
$5.09B
| $16.4M | 0.01% |
264,835
+17,358
| +7% | +$1.04M |
|
|
OCDX
394
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $16.3M | 0.01% |
882,568
+151,120
| +21% | +$3.04M |
|
395
Cardlytics
CDLX
$23.3M
| $16.2M | 0.01% |
19,339
-11,896
| -38% | -$12.1M |
|
396
Starwood Property Trust
STWD
$6.03B
| $16.1M | 0.01% |
657,725
-113,465
| -15% | -$2.9M |
|
397
Mayville Engineering Co
MEC
$707M
| $16M | 0.01% |
850,656
-4,555
| -0.5% | -$78K |
|
398
Alcoa
AA
$12.4B
| $16M | 0.01% |
326,158
+89,236
| +38% | +$3.77M |
|
399
United Parcel Service
UPS
$92.7B
| $15.8M | 0.01% |
86,533
-62,031
| -42% | -$12.2M |
|
400
Ameris Bancorp
ABCB
$6B
| $15.6M | 0.01% |
301,018
-6,278
| -2% | -$306K |
|
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.