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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Twist Bioscience
TWST
$7.16B
| $12.6M | 0.01% |
101,942
-189,148
| -65% | -$28.7M |
|
402
Suncor Energy
SU
$74.2B
| $12.6M | 0.01% |
600,767
-995,094
| -62% | -$19.5M |
|
403
Bio-Rad Laboratories Class A
BIO
$9.31B
| $12.5M | 0.01% |
21,858
+6,975
| +47% | +$4.13M |
|
404
Howard Hughes
HHH
$3.92B
| $12.4M | 0.01% |
136,698
+3,366
| +3% | +$296K |
|
|
ETRN
405
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $12.3M | 0.01% |
1,512,248
-793,079
| -34% | -$6.03M |
|
406
InnovAge Holding
INNV
$1.51B
| $12.3M | 0.01% |
+475,000
| New | +$11.7M |
|
407
Kinder Morgan
KMI
$69.3B
| $12.1M | 0.01% |
724,891
-274,952
| -27% | -$4.2M |
|
408
Steel Dynamics
STLD
$38.1B
| $12.1M | 0.01% |
+237,762
| New | +$10M |
|
409
TC Energy
TRP
$66.5B
| $12.1M | 0.01% |
262,768
-66,116
| -20% | -$2.93M |
|
|
KSU
410
DELISTED
Kansas City Southern
KSU
| $12M | 0.01% |
+45,435
| New | +$9.88M |
|
411
Grid Dynamics Holdings
GDYN
$600M
| $11.9M | 0.01% |
+745,680
| New | +$10.7M |
|
412
PMV Pharmaceuticals
PMVP
$62.4M
| $11.8M | 0.01% |
358,152
+209,558
| +141% | +$8.26M |
|
413
BioLife Solutions
BLFS
$1.65B
| $11.2M | 0.01% |
310,258
-139,316
| -31% | -$5.51M |
|
|
MMP
414
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $11.1M | 0.01% |
256,538
-108,724
| -30% | -$4.75M |
|
415
Kinross Gold
KGC
$30.5B
| $11.1M | 0.01% |
1,660,732
-261,178
| -14% | -$1.82M |
|
|
KAMN
416
DELISTED
Kaman Corp
KAMN
| $11.1M | 0.01% |
215,846
-251,852
| -54% | -$13.7M |
|
417
Nutrien
NTR
$32.1B
| $10.9M | 0.01% |
201,679
+54,407
| +37% | +$2.96M |
|
418
Arvinas
ARVN
$542M
| $10.8M | 0.01% |
163,635
+76,635
| +88% | +$5.86M |
|
419
Vale
VALE
$63.6B
| $10.8M | 0.01% |
621,168
+6,784
| +1% | +$118K |
|
|
NESR
420
National Energy Services Reunited Corp
NESR
$2.84B
| $10.6M | 0.01% |
857,913
+11,526
| +1% | +$135K |
|
|
DRNA
421
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $10.6M | 0.01% |
+413,565
| New | +$10.6M |
|
422
Constellium
CSTM
$4.02B
| $10.4M | 0.01% |
710,550
+143,741
| +25% | +$2.06M |
|
423
Ralph Lauren
RL
$22.7B
| $10.3M | 0.01% |
+83,790
| New | +$9.56M |
|
|
RDS.A
424
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $10.3M | 0.01% |
+262,286
| New | +$10.6M |
|
|
XEC
425
DELISTED
CIMAREX ENERGY CO
XEC
| $10.2M | 0.01% |
+171,697
| New | +$9.17M |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.