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 | |
|---|---|---|---|---|---|---|
426
Amgen
AMGN
$219B
| $5.48M | ﹤0.01% |
21,567
+15,921
| +282% | +$3.94M |
|
427
Lockheed Martin
LMT
$135B
| $5.44M | ﹤0.01% |
14,198
-9,877
| -41% | -$3.77M |
|
428
Synopsys
SNPS
$77.7B
| $5.43M | ﹤0.01% |
25,393
-336
| -1% | -$68.4K |
|
429
Cadence Design Systems
CDNS
$93.2B
| $5.43M | ﹤0.01% |
+50,938
| New | +$5.36M |
|
430
SSR Mining
SSRM
$5.87B
| $5.38M | ﹤0.01% |
+288,501
| New | +$6.14M |
|
431
PMV Pharmaceuticals
PMVP
$62.9M
| $5.33M | ﹤0.01% |
+150,000
| New | +$5.52M |
|
432
eBay
EBAY
$48.9B
| $5.32M | ﹤0.01% |
102,176
+76,697
| +301% | +$4.23M |
|
|
AY
433
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $5.28M | ﹤0.01% |
184,481
-1,064
| -0.6% | -$31.1K |
|
|
NESR
434
National Energy Services Reunited Corp
NESR
$2.91B
| $5.25M | ﹤0.01% |
823,437
-903
| -0.1% | -$6.4K |
|
|
CTRA
435
DELISTED
Coterra Energy
CTRA
| $5.22M | ﹤0.01% |
300,592
+200,053
| +199% | +$3.74M |
|
|
PDCE
436
DELISTED
PDC Energy, Inc.
PDCE
| $5.14M | ﹤0.01% |
414,550
+271,073
| +189% | +$3.86M |
|
437
West Pharmaceutical
WST
$24.5B
| $5.11M | ﹤0.01% |
18,583
+12,130
| +188% | +$3.21M |
|
438
Bio-Rad Laboratories Class A
BIO
$9.16B
| $4.95M | ﹤0.01% |
9,605
+3,361
| +54% | +$1.7M |
|
439
Snowflake
SNOW
$110B
| $4.91M | ﹤0.01% |
+19,551
| New | +$4.66M |
|
440
EPAM Systems
EPAM
$4.86B
| $4.89M | ﹤0.01% |
+15,118
| New | +$4.51M |
|
441
Plains All American Pipeline
PAA
$16.6B
| $4.82M | ﹤0.01% |
805,433
-17,430
| -2% | -$130K |
|
442
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.89B
| $4.82M | ﹤0.01% |
113,919
+17,900
| +19% | +$668K |
|
443
KKR & Co
KKR
$92.8B
| $4.78M | ﹤0.01% |
139,108
-40,292
| -22% | -$1.41M |
|
444
Old Dominion Freight Line
ODFL
$44B
| $4.74M | ﹤0.01% |
52,442
+36,564
| +230% | +$3.43M |
|
445
KLA
KLAC
$252B
| $4.67M | ﹤0.01% |
241,110
+97,490
| +68% | +$1.93M |
|
446
Constellium
CSTM
$3.88B
| $4.63M | ﹤0.01% |
589,586
-219,738
| -27% | -$1.81M |
|
447
Boston Beer
SAM
$1.88B
| $4.6M | ﹤0.01% |
5,211
+2,825
| +118% | +$2.23M |
|
448
Construction Partners
ROAD
$5.66B
| $4.56M | ﹤0.01% |
250,648
-296,020
| -54% | -$5.3M |
|
449
Vale
VALE
$62.6B
| $4.54M | ﹤0.01% |
+429,358
| New | +$4.82M |
|
|
XYZ
450
Block Inc
XYZ
$47B
| $4.21M | ﹤0.01% |
+25,930
| New | +$3.66M |
|
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.