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 |
Apple
AAPL
|
+$2.13B |
| 2 |
Eaton
ETN
|
+$1.11B |
| 3 |
Analog Devices
ADI
|
+$867M |
| 4 |
Progressive
PGR
|
+$792M |
| 5 |
Datadog
DDOG
|
+$693M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$1.7B |
| 2 |
NVIDIA
NVDA
|
+$1.45B |
| 3 |
Salesforce
CRM
|
+$1.22B |
| 4 |
Advanced Micro Devices
AMD
|
+$1.2B |
| 5 |
lululemon athletica
LULU
|
+$1.11B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.74% |
| 2 | Consumer Discretionary | 15.53% |
| 3 | Communication Services | 13.54% |
| 4 | Healthcare | 12.18% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Ameresco
AMRC
$1.12B
| $8.02M | 0.01% |
278,285
+63,173
| +29% | +$1.74M |
|
402
Nextpower Inc
NXT
$13.6B
| $8.01M | 0.01% |
170,763
-458,186
| -73% | -$22.8M |
|
403
Mineralys Therapeutics
MLYS
$2.25B
| $7.99M | 0.01% |
+683,257
| New | +$8.61M |
|
404
Citi Trends
CTRN
$555M
| $7.98M | 0.01% |
375,441
+2,035
| +0.5% | +$46.7K |
|
405
Howard Hughes
HHH
$3.81B
| $7.87M | 0.01% |
127,392
-60,421
| -32% | -$3.79M |
|
|
ROIC
406
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $7.77M | 0.01% |
624,831
-902,442
| -59% | -$11.2M |
|
407
James Hardie Industries
JHX
$15.3B
| $7.58M | ﹤0.01% |
240,174
-95,065
| -28% | -$3.27M |
|
408
Crescent Energy
CRGY
$3.79B
| $7.57M | ﹤0.01% |
+639,170
| New | +$7.52M |
|
409
Ferrovial N.V. Ordinary Shares
FER
$46.9B
| $7.56M | ﹤0.01% |
+196,578
| New | +$7.75M |
|
410
California Resources
CRC
$4.67B
| $7.45M | ﹤0.01% |
139,992
+38,182
| +38% | +$1.95M |
|
411
National Grid
NGG
$80.4B
| $7.4M | ﹤0.01% |
138,193
+107,764
| +354% | +$6.5M |
|
412
PENN Entertainment
PENN
$2.75B
| $7.29M | ﹤0.01% |
+376,863
| New | +$6.4M |
|
413
CF Industries
CF
$19.2B
| $7.22M | ﹤0.01% |
97,471
-47
| -0% | -$3.65K |
|
414
Plains All American Pipeline
PAA
$17.3B
| $6.69M | ﹤0.01% |
374,713
-9,065
| -2% | -$158K |
|
415
Antero Midstream
AM
$10.4B
| $6.67M | ﹤0.01% |
452,335
-10,945
| -2% | -$157K |
|
416
Ivanhoe Electric
IE
$1.45B
| $6.31M | ﹤0.01% |
672,864
+125,213
| +23% | +$1.33M |
|
417
iShares MSCI ACWI ETF
ACWI
$32.9B
| $6.26M | ﹤0.01% |
55,692
+46,540
| +509% | +$5.12M |
|
418
Synopsys
SNPS
$74.4B
| $5.82M | ﹤0.01% |
9,785
+234
| +2% | +$132K |
|
419
USA Compression Partners
USAC
$3.79B
| $5.69M | ﹤0.01% |
239,675
+60,643
| +34% | +$1.5M |
|
420
TFI International
TFII
$11.1B
| $5.49M | ﹤0.01% |
37,796
-3,638
| -9% | -$514K |
|
421
Moelis & Co
MC
$4.97B
| $5.32M | ﹤0.01% |
93,523
+442
| +0.5% | +$23.9K |
|
422
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $5.17M | ﹤0.01% |
97,350
+88,899
| +1,052% | +$4.74M |
|
423
Alto Neuroscience
ANRO
$1.05B
| $4.94M | ﹤0.01% |
461,678
+3,079
| +0.7% | +$40.1K |
|
424
United Parcel Service
UPS
$88.6B
| $4.69M | ﹤0.01% |
34,268
-7,280
| -18% | -$1.04M |
|
425
Canadian Pacific Kansas City
CP
$78.1B
| $4.55M | ﹤0.01% |
57,821
+23,988
| +71% | +$1.95M |
|
Similar funds
Jennison Associates's Q2 2024 Portfolio in Review
As of Q2 2024, Jennison Associates held 620 positions worth $156B, up 4.3% from $150B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Jennison Associates's Q2 2024 filing shows 48 new, 288 increased, 229 reduced and 48 closed positions. Its largest new stake was Analog Devices: 4,062,204 shares worth $927M. The largest sale was UnitedHealth, an estimated $1.7B.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2024 buy was Analog Devices: 4,062,204 shares worth $927M.
- Jennison Associates added most to Apple in Q2 2024, an estimated $2.13B increase.
- Jennison Associates's biggest Q2 2024 reduction was UnitedHealth, cutting an estimated $1.7B.
- Jennison Associates fully exited Estee Lauder in Q2 2024, selling an estimated $291M.
- Jennison Associates's ten largest holdings make up 48% of its $156B portfolio in Q2 2024.
- Jennison Associates opened 48 new positions and closed 48 in Q2 2024.
- Jennison Associates's portfolio value rose 4.3% quarter-over-quarter to $156B.
Based on Jennison Associates's 13F filing for Q2 2024, filed 5 Aug 2024.