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 |
RingCentral
RNG
|
+$588M |
| 2 |
Teladoc Health
TDOC
|
+$564M |
| 3 |
Atlassian
TEAM
|
+$519M |
| 4 |
Spotify
SPOT
|
+$511M |
| 5 |
CrowdStrike
CRWD
|
+$510M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.05B |
| 2 |
Salesforce
CRM
|
+$664M |
| 3 |
Corpay
CPAY
|
+$411M |
| 4 |
Microsoft
MSFT
|
+$404M |
| 5 |
Broadcom
AVGO
|
+$385M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.48% |
| 2 | Consumer Discretionary | 20.25% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.66% |
| 5 | Financials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Air Products & Chemicals
APD
$65.7B
| $7.56M | 0.01% |
31,309
+12,712
| +68% | +$2.9M |
|
402
Arcturus Therapeutics
ARCT
$164M
| $7.54M | 0.01% |
+161,424
| New | +$5.56M |
|
|
AEPPL
403
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $7.51M | 0.01% |
155,220
-19,252
| -11% | -$966K |
|
404
Acadia Pharmaceuticals
ACAD
$4.43B
| $7.36M | 0.01% |
151,823
-15,404
| -9% | -$739K |
|
405
Plains All American Pipeline
PAA
$17.3B
| $7.27M | 0.01% |
822,863
-36,666
| -4% | -$312K |
|
406
JELD-WEN Holding
JELD
$122M
| $7.11M | 0.01% |
441,421
-375,465
| -46% | -$4.95M |
|
|
IMMU
407
CALL
DELISTED
Immunomedics Inc
IMMU
| $7.09M | 0.01% |
200,000
-50,000
| -20% | -$1.46M |
|
408
EOG Resources
EOG
$79.2B
| $6.85M | 0.01% |
135,191
-84,487
| -38% | -$4.09M |
|
|
PXD
409
DELISTED
Pioneer Natural Resource Co.
PXD
| $6.83M | 0.01% |
69,893
+43,993
| +170% | +$3.88M |
|
|
GTLS
410
DELISTED
Chart Industries
GTLS
| $6.76M | 0.01% |
139,449
+15,847
| +13% | +$581K |
|
411
uniQure
QURE
$3.03B
| $6.56M | 0.01% |
145,621
+14,837
| +11% | +$876K |
|
412
Charter Communications
CHTR
$17.3B
| $6.53M | 0.01% |
12,808
+11,554
| +921% | +$5.86M |
|
413
Wheaton Precious Metals
WPM
$49.5B
| $6.49M | 0.01% |
147,249
+31
| +0% | +$1.22K |
|
414
Atlantic Union Bankshares
AUB
$6.02B
| $6.4M | 0.01% |
276,290
-3,354
| -1% | -$75.5K |
|
415
Constellium
CSTM
$3.76B
| $6.22M | 0.01% |
809,324
+136,866
| +20% | +$995K |
|
416
Mayville Engineering Co
MEC
$654M
| $5.98M | 0.01% |
756,447
-17,611
| -2% | -$108K |
|
|
NBL
417
DELISTED
Noble Energy, Inc.
NBL
| $5.9M | 0.01% |
658,824
+27,542
| +4% | +$246K |
|
|
CHNG
418
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $5.82M | 0.01% |
519,171
| – | – |
|
419
BP
BP
$116B
| $5.77M | 0.01% |
247,242
-19,514
| -7% | -$468K |
|
420
Legend Biotech
LEGN
$3.59B
| $5.75M | 0.01% |
+135,000
| New | +$5.27M |
|
|
NESR
421
National Energy Services Reunited Corp
NESR
$2.72B
| $5.67M | 0.01% |
824,340
+651
| +0.1% | +$3.49K |
|
|
MAG
422
DELISTED
MAG Silver
MAG
| $5.63M | 0.01% |
398,761
+81,436
| +26% | +$936K |
|
423
Waste Management
WM
$90.6B
| $5.58M | 0.01% |
52,683
-7,304
| -12% | -$737K |
|
424
KKR & Co
KKR
$91.1B
| $5.54M | 0.01% |
179,400
+56,501
| +46% | +$1.52M |
|
425
Oracle
ORCL
$374B
| $5.4M | ﹤0.01% |
97,681
+42,623
| +77% | +$2.26M |
|
Similar funds
Jennison Associates's Q2 2020 Portfolio in Review
As of Q2 2020, Jennison Associates held 732 positions worth $111B, up 34% from $82.3B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Jennison Associates's Q2 2020 filing shows 114 new, 259 increased, 235 reduced and 112 closed positions. Its largest new stake was Spotify: 2,981,887 shares worth $770M. The largest sale was Alibaba, an estimated $1.05B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2020 buy was Spotify: 2,981,887 shares worth $770M.
- Jennison Associates added most to RingCentral in Q2 2020, an estimated $588M increase.
- Jennison Associates's biggest Q2 2020 reduction was Alibaba, cutting an estimated $1.05B.
- Jennison Associates fully exited Marriott International in Q2 2020, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 39% of its $111B portfolio in Q2 2020.
- Jennison Associates opened 114 new positions and closed 112 in Q2 2020.
- Jennison Associates's portfolio value rose 34% quarter-over-quarter to $111B.
Based on Jennison Associates's 13F filing for Q2 2020, filed 6 Aug 2020.