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 |
Broadcom
AVGO
|
+$893M |
| 2 |
Intuitive Surgical
ISRG
|
+$888M |
| 3 |
Microsoft
MSFT
|
+$811M |
| 4 |
SLB Ltd
SLB
|
+$692M |
| 5 |
UnitedHealth
UNH
|
+$609M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.77B |
| 2 |
Shopify
SHOP
|
+$1.5B |
| 3 |
XYZ
Block Inc
XYZ
|
+$1.21B |
| 4 |
Sea Limited
SE
|
+$1.15B |
| 5 |
PayPal
PYPL
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.48% |
| 2 | Consumer Discretionary | 25.37% |
| 3 | Communication Services | 11.39% |
| 4 | Healthcare | 11.27% |
| 5 | Financials | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Utz Brands
UTZ
$2.03B
| $15.9M | 0.01% |
1,073,723
+81,028
| +8% | +$1.27M |
|
|
CTRA
377
DELISTED
Coterra Energy
CTRA
| $15.7M | 0.01% |
583,123
+12,352
| +2% | +$289K |
|
378
Northrop Grumman
NOC
$79.8B
| $15.3M | 0.01% |
+34,222
| New | +$14.1M |
|
|
GTLS
379
DELISTED
Chart Industries
GTLS
| $15.3M | 0.01% |
88,949
+19,377
| +28% | +$2.72M |
|
380
Repligen
RGEN
$9.14B
| $15.1M | 0.01% |
80,155
-9,255
| -10% | -$1.76M |
|
381
BJs Wholesale Club
BJ
$12.4B
| $15M | 0.01% |
222,253
+6,903
| +3% | +$433K |
|
382
Diageo
DEO
$51.6B
| $14.9M | 0.01% |
73,432
-18,910
| -20% | -$3.79M |
|
383
Nutrien
NTR
$31.6B
| $14.8M | 0.01% |
142,535
-50,396
| -26% | -$4.18M |
|
384
Suncor Energy
SU
$72.3B
| $14.7M | 0.01% |
449,822
+8,532
| +2% | +$253K |
|
385
Q2 Holdings
QTWO
$3.91B
| $14.6M | 0.01% |
237,456
+6,783
| +3% | +$435K |
|
386
Moody's
MCO
$82.2B
| $14.5M | 0.01% |
43,095
+4,421
| +11% | +$1.49M |
|
387
Constellium
CSTM
$4.01B
| $14.3M | 0.01% |
795,680
-99,599
| -11% | -$1.82M |
|
388
iShares Russell 1000 Growth ETF
IWF
$127B
| $13.9M | 0.01% |
200,012
-261,856
| -57% | -$17.9M |
|
389
HDFC Bank
HDB
$123B
| $13.8M | 0.01% |
449,494
-975,626
| -68% | -$31.7M |
|
390
Metropolitan Bank Holding Corp
MCB
$1.17B
| $13.7M | 0.01% |
134,989
-242,610
| -64% | -$25.1M |
|
391
Chewy
CHWY
$9.76B
| $13.3M | 0.01% |
326,188
+133
| +0% | +$6.05K |
|
392
Sweetgreen
SG
$707M
| $13.3M | 0.01% |
414,252
-108,128
| -21% | -$3.14M |
|
393
Integra LifeSciences
IART
$1.36B
| $13.2M | 0.01% |
206,087
-1,242
| -0.6% | -$81.8K |
|
394
Arista Networks
ANET
$247B
| $13.2M | 0.01% |
379,412
+341,156
| +892% | +$10.8M |
|
395
iShares MSCI ACWI ex US ETF
ACWX
$11.8B
| $13.2M | 0.01% |
252,166
-54,502
| -18% | -$2.9M |
|
396
Service Corp International
SCI
$11.5B
| $12.9M | 0.01% |
195,437
-30,844
| -14% | -$1.94M |
|
397
Atlantic Union Bankshares
AUB
$6.14B
| $12.8M | 0.01% |
348,898
+10,349
| +3% | +$413K |
|
398
Rogers Communications
RCI
$18.5B
| $12.7M | 0.01% |
+223,834
| New | +$11.6M |
|
|
ACCD
399
DELISTED
Accolade Inc
ACCD
| $12.7M | 0.01% |
721,114
+68,029
| +10% | +$1.25M |
|
400
Goosehead Insurance
GSHD
$2.33B
| $12.5M | 0.01% |
159,675
+4,476
| +3% | +$397K |
|
Similar funds
Jennison Associates's Q1 2022 Portfolio in Review
As of Q1 2022, Jennison Associates held 735 positions worth $136B, down 14% from $158B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q1 2022 filing shows 82 new, 294 increased, 233 reduced and 110 closed positions. Its largest new stake was Icon: 623,898 shares worth $152M. The largest sale was NVIDIA, an estimated $1.77B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 36% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2022 buy was Icon: 623,898 shares worth $152M.
- Jennison Associates added most to Broadcom in Q1 2022, an estimated $893M increase.
- Jennison Associates's biggest Q1 2022 reduction was NVIDIA, cutting an estimated $1.77B.
- Jennison Associates fully exited Fluence Energy in Q1 2022, selling an estimated $62.9M.
- Jennison Associates's ten largest holdings make up 42% of its $136B portfolio in Q1 2022.
- Jennison Associates opened 82 new positions and closed 110 in Q1 2022.
- Jennison Associates's portfolio value fell 14% quarter-over-quarter to $136B.
Based on Jennison Associates's 13F filing for Q1 2022, filed 11 May 2022.