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 |
Salesforce
CRM
|
+$1.15B |
| 2 |
Snowflake
SNOW
|
+$725M |
| 3 |
Roblox
RBLX
|
+$671M |
| 4 |
Atlassian
TEAM
|
+$520M |
| 5 |
Sea Limited
SE
|
+$466M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.75B |
| 2 |
DOCU
DocuSign
DOCU
|
+$1.48B |
| 3 |
Twilio
TWLO
|
+$985M |
| 4 |
Carvana
CVNA
|
+$937M |
| 5 |
Visa
V
|
+$797M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.54% |
| 2 | Consumer Discretionary | 24.29% |
| 3 | Communication Services | 13.9% |
| 4 | Healthcare | 8.84% |
| 5 | Financials | 7.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Curtiss-Wright
CW
$28.2B
| $18.3M | 0.01% |
132,291
-3,098
| -2% | -$409K |
|
377
Q2 Holdings
QTWO
$3.98B
| $18.3M | 0.01% |
230,673
-5,904
| -2% | -$476K |
|
378
Halliburton
HAL
$27.1B
| $18.3M | 0.01% |
801,044
+323,409
| +68% | +$7.66M |
|
379
Hershey
HSY
$35.8B
| $18.3M | 0.01% |
94,393
-30,920
| -25% | -$5.6M |
|
380
Alcoa
AA
$12.3B
| $18.2M | 0.01% |
304,813
-21,345
| -7% | -$1.07M |
|
381
Kanzhun
BZ
$7.35B
| $18M | 0.01% |
+516,104
| New | +$18.1M |
|
382
Adecoagro
AGRO
$1.33B
| $17.8M | 0.01% |
2,321,261
+27,884
| +1% | +$236K |
|
383
Corning
GLW
$138B
| $17.7M | 0.01% |
474,692
-89,647
| -16% | -$3.36M |
|
384
Wabtec
WAB
$50.6B
| $17.7M | 0.01% |
191,716
+52,809
| +38% | +$4.84M |
|
|
IAA
385
DELISTED
IAA, Inc. Common Stock
IAA
| $17.6M | 0.01% |
346,963
-110,570
| -24% | -$5.88M |
|
386
Qiagen
QGEN
$8.66B
| $17.2M | 0.01% |
292,137
-241,475
| -45% | -$13.8M |
|
|
ACCD
387
DELISTED
Accolade Inc
ACCD
| $17.2M | 0.01% |
653,085
-269,687
| -29% | -$8.84M |
|
|
NUVA
388
DELISTED
NuVasive, Inc.
NUVA
| $17.2M | 0.01% |
327,818
-6,414
| -2% | -$349K |
|
389
iShares MSCI ACWI ex US ETF
ACWX
$11.7B
| $17.1M | 0.01% |
306,668
+259,147
| +545% | +$14.6M |
|
390
Agilon Health
AGL
$1.5B
| $17M | 0.01% |
25,221
-481
| -2% | -$293K |
|
|
VMEO
391
DELISTED
Vimeo
VMEO
| $16.8M | 0.01% |
936,685
+364,410
| +64% | +$8.88M |
|
392
Guardant Health
GH
$21.4B
| $16.7M | 0.01% |
167,226
-509,718
| -75% | -$52.7M |
|
393
Sweetgreen
SG
$681M
| $16.7M | 0.01% |
+522,380
| New | +$17.7M |
|
|
LADR
394
Ladder Capital
LADR
$1.22B
| $16.6M | 0.01% |
+1,382,797
| New | +$16.4M |
|
|
VERV
395
DELISTED
Verve Therapeutics
VERV
| $16.5M | 0.01% |
448,765
+83,188
| +23% | +$3.49M |
|
396
Pembina Pipeline
PBA
$28.2B
| $16.4M | 0.01% |
540,000
-308,004
| -36% | -$9.81M |
|
397
Plains GP Holdings
PAGP
$5.04B
| $16.2M | 0.01% |
1,596,361
-52,381
| -3% | -$564K |
|
398
Bio-Techne
TECH
$11.2B
| $16.1M | 0.01% |
+124,780
| New | +$15.3M |
|
399
Service Corp International
SCI
$11.7B
| $16.1M | 0.01% |
226,281
+10,664
| +5% | +$709K |
|
400
Moelis & Co
MC
$5.12B
| $16M | 0.01% |
256,609
-8,226
| -3% | -$551K |
|
Similar funds
Jennison Associates's Q4 2021 Portfolio in Review
As of Q4 2021, Jennison Associates held 746 positions worth $158B, up 2% from $155B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates withdrew a net $5.22B in Q4 2021, closing 93 positions and reducing 314 holdings. Its most notable exit was DocuSign, an estimated $1.48B position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jennison Associates opened a new position in NXP Semiconductors worth $122M.
- Jennison Associates's largest Q4 2021 buy was NXP Semiconductors: 536,962 shares worth $122M.
- Jennison Associates added most to Salesforce in Q4 2021, an estimated $1.15B increase.
- Jennison Associates's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $1.75B.
- Jennison Associates fully exited DocuSign in Q4 2021, selling an estimated $1.48B.
- Jennison Associates's ten largest holdings make up 42% of its $158B portfolio in Q4 2021.
- Jennison Associates opened 85 new positions and closed 93 in Q4 2021.
- Jennison Associates's portfolio value rose 2% quarter-over-quarter to $158B.
Based on Jennison Associates's 13F filing for Q4 2021, filed 8 Feb 2022.