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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Atlantic Union Bankshares
AUB
$6.02B
| $7.69M | 0.01% |
360,058
+83,768
| +30% | +$1.91M |
|
|
CHNG
402
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $7.53M | 0.01% |
519,171
| – | – |
|
403
Douglas Emmett
DEI
$1.93B
| $7.44M | 0.01% |
296,255
| – | – |
|
|
AEPPL
404
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $7.41M | 0.01% |
152,813
-2,407
| -2% | -$120K |
|
|
MAG
405
DELISTED
MAG Silver
MAG
| $7.39M | 0.01% |
454,615
+55,854
| +14% | +$895K |
|
406
Charter Communications
CHTR
$18.8B
| $7.36M | 0.01% |
11,794
-1,014
| -8% | -$598K |
|
407
Howard Hughes
HHH
$4.06B
| $7.32M | 0.01% |
133,332
-38,464
| -22% | -$2.05M |
|
|
LEAP.U
408
DELISTED
Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
| $7.16M | 0.01% |
+550,799
| New | +$7.02M |
|
409
Air Products & Chemicals
APD
$66.8B
| $7.02M | 0.01% |
23,561
-7,748
| -25% | -$2.23M |
|
410
Nurix Therapeutics
NRIX
$2.62B
| $6.99M | 0.01% |
+200,160
| New | +$5.04M |
|
411
New Fortress Energy
NFE
$98M
| $6.92M | 0.01% |
+157,304
| New | +$4.13M |
|
412
Ligand Pharmaceuticals
LGND
$6.02B
| $6.8M | 0.01% |
114,369
+1,907
| +2% | +$130K |
|
413
Pool Corp
POOL
$7.31B
| $6.71M | 0.01% |
+20,068
| New | +$6.21M |
|
414
Generac Holdings
GNRC
$12.5B
| $6.68M | 0.01% |
+34,500
| New | +$5.68M |
|
415
Wabtec
WAB
$49.9B
| $6.56M | 0.01% |
106,076
+24,040
| +29% | +$1.54M |
|
|
BRKL
416
DELISTED
Brookline Bancorp
BRKL
| $6.52M | 0.01% |
754,250
-30,112
| -4% | -$286K |
|
417
Canadian National Railway
CNI
$76.5B
| $6.49M | 0.01% |
+60,997
| New | +$6.13M |
|
|
PSXP
418
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $6.43M | 0.01% |
279,095
-115,936
| -29% | -$3.2M |
|
419
Acadia Pharmaceuticals
ACAD
$4.9B
| $6.29M | 0.01% |
152,431
+608
| +0.4% | +$26.3K |
|
420
Wheaton Precious Metals
WPM
$56.9B
| $6.22M | 0.01% |
126,776
-20,473
| -14% | -$1.04M |
|
421
Nutrien
NTR
$32B
| $6.01M | ﹤0.01% |
153,324
+21,699
| +16% | +$790K |
|
|
REGI
422
DELISTED
Renewable Energy Group, Inc.
REGI
| $5.9M | ﹤0.01% |
110,387
-71
| -0.1% | -$2.49K |
|
423
Cytokinetics
CYTK
$11B
| $5.85M | ﹤0.01% |
270,382
-346,801
| -56% | -$8.11M |
|
424
Enphase Energy
ENPH
$5.24B
| $5.84M | ﹤0.01% |
70,764
+43,212
| +157% | +$2.89M |
|
|
TPIC
425
DELISTED
TPI Composites
TPIC
| $5.72M | ﹤0.01% |
197,647
+29,089
| +17% | +$817K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.