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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Huron Consulting
HURN
$2.41B
| $16.3M | 0.01% |
332,303
-10,112
| -3% | -$543K |
|
402
Curtiss-Wright
CW
$26.7B
| $16.1M | 0.01% |
135,785
-43,348
| -24% | -$5.42M |
|
403
Jack Henry & Associates
JKHY
$10.9B
| $16.1M | 0.01% |
98,438
-1,586
| -2% | -$253K |
|
404
Clear Secure
YOU
$5.57B
| $16M | 0.01% |
+400,000
| New | +$16M |
|
|
RDS.A
405
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $15.9M | 0.01% |
394,471
+132,185
| +50% | +$5.26M |
|
|
TIXT
406
DELISTED
TELUS International
TIXT
| $15.7M | 0.01% |
503,907
-144,463
| -22% | -$4.34M |
|
|
OCDX
407
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $15.7M | 0.01% |
731,448
-74,830
| -9% | -$1.52M |
|
408
Ameris Bancorp
ABCB
$5.85B
| $15.6M | 0.01% |
307,296
-307,915
| -50% | -$16.5M |
|
|
XENT
409
DELISTED
Intersect ENT, Inc
XENT
| $15.5M | 0.01% |
906,985
-9,013
| -1% | -$169K |
|
|
DRNA
410
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $15.4M | 0.01% |
413,565
| – | – |
|
411
Utz Brands
UTZ
$1.25B
| $15.2M | 0.01% |
697,021
-111,582
| -14% | -$2.79M |
|
412
Valero Energy
VLO
$90.1B
| $14.9M | 0.01% |
191,187
+108,480
| +131% | +$8.4M |
|
413
Royal Gold
RGLD
$16.8B
| $14.8M | 0.01% |
129,518
-6,833
| -5% | -$806K |
|
414
Sysco
SYY
$40.8B
| $14.7M | 0.01% |
189,341
+181,435
| +2,295% | +$14.7M |
|
|
CHNG
415
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $14.6M | 0.01% |
633,963
+190,835
| +43% | +$4.39M |
|
416
Teledyne Technologies
TDY
$30.4B
| $14.5M | 0.01% |
+34,690
| New | +$14.7M |
|
417
Suncor Energy
SU
$79.4B
| $14.5M | 0.01% |
605,437
+4,670
| +0.8% | +$107K |
|
|
NESR
418
National Energy Services Reunited Corp
NESR
$2.72B
| $14.5M | 0.01% |
1,014,976
+157,063
| +18% | +$2.11M |
|
419
Grid Dynamics Holdings
GDYN
$559M
| $14.4M | 0.01% |
958,117
+212,437
| +28% | +$3.33M |
|
|
NBP
420
NovaBridge Biosciences American Depositary Shares
NBP
$185M
| $14.3M | 0.01% |
170,260
| – | – |
|
421
Vale
VALE
$64.1B
| $14.3M | 0.01% |
625,570
+4,402
| +0.7% | +$92K |
|
422
EQT Corp
EQT
$33.3B
| $14.2M | 0.01% |
638,344
+358,949
| +128% | +$7.25M |
|
423
Moelis & Co
MC
$4.97B
| $14.1M | 0.01% |
247,477
-7,697
| -3% | -$418K |
|
|
AMK
424
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $14M | 0.01% |
556,831
-6,097
| -1% | -$148K |
|
|
NOVA
425
DELISTED
Sunnova Energy
NOVA
| $13.6M | 0.01% |
361,281
-372,869
| -51% | -$12.4M |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.