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 | |
|---|---|---|---|---|---|---|
426
Agnico Eagle Mines
AEM
$83.8B
| $9.88M | 0.01% |
170,985
-326,786
| -66% | -$21.1M |
|
|
CHNG
427
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $9.79M | 0.01% |
443,128
-76,043
| -15% | -$1.76M |
|
428
Bally's
BALY
$686M
| $9.78M | 0.01% |
+150,490
| New | +$8.92M |
|
|
NEE.PRQ
429
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $9.77M | 0.01% |
196,885
-1,211
| -0.6% | -$62.2K |
|
|
ARVL
430
DELISTED
Arrival Ordinary Shares
ARVL
| $9.72M | 0.01% |
+12,103
| New | +$11.9M |
|
|
SGEN
431
DELISTED
Seagen Inc. Common Stock
SGEN
| $9.7M | 0.01% |
69,873
-244,948
| -78% | -$39.5M |
|
432
Seer Inc
SEER
$120M
| $9.24M | 0.01% |
184,826
+19,236
| +12% | +$1.13M |
|
433
Bunge Global
BG
$20.5B
| $8.94M | 0.01% |
112,766
+37,687
| +50% | +$2.8M |
|
|
B
434
Barrick Mining
B
$68.8B
| $8.72M | 0.01% |
440,196
+4,413
| +1% | +$95.1K |
|
435
Wabtec
WAB
$50B
| $8.61M | 0.01% |
108,740
+1,983
| +2% | +$154K |
|
436
Marriott International
MAR
$94.2B
| $8.6M | 0.01% |
58,086
-3,168
| -5% | -$433K |
|
|
ABCM
437
DELISTED
Abcam PLC
ABCM
| $8.41M | 0.01% |
437,539
+132,976
| +44% | +$2.93M |
|
438
iShares Russell 1000 Growth ETF
IWF
$127B
| $8.39M | 0.01% |
138,164
+42,492
| +44% | +$2.59M |
|
439
CALL
Biogen
BIIB
$30.5B
| $8.39M | 0.01% |
30,000
+10,000
| +50% | +$2.7M |
|
440
Mueller Water Products
MWA
$4.13B
| $8.32M | 0.01% |
599,114
-170,193
| -22% | -$2.21M |
|
|
NBP
441
NovaBridge Biosciences American Depositary Shares
NBP
$190M
| $8.25M | 0.01% |
+170,260
| New | +$9.24M |
|
442
Halliburton
HAL
$26.6B
| $8.24M | 0.01% |
+384,176
| New | +$8.04M |
|
443
Oracle
ORCL
$416B
| $8.05M | 0.01% |
114,793
-12,628
| -10% | -$818K |
|
444
Thermo Fisher Scientific
TMO
$214B
| $7.85M | 0.01% |
17,195
-87,514
| -84% | -$41.8M |
|
|
FTOC
445
DELISTED
FTAC Olympus Acquisition Corp. Class A Ordinary Shares
FTOC
| $7.61M | 0.01% |
+719,774
| New | +$8.44M |
|
|
AEPPL
446
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $7.34M | 0.01% |
152,152
| – | – |
|
447
Kymera Therapeutics
KYMR
$8.68B
| $7.25M | 0.01% |
186,701
+117,346
| +169% | +$7.06M |
|
|
ONC
448
BeOne Medicines Ltd
ONC
$34B
| $7M | 0.01% |
20,099
+12,708
| +172% | +$4.21M |
|
449
iShares MSCI ACWI ETF
ACWI
$33.4B
| $6.94M | 0.01% |
72,971
+45,416
| +165% | +$4.27M |
|
450
New Fortress Energy
NFE
$95.4M
| $6.94M | 0.01% |
151,218
+41,310
| +38% | +$2.02M |
|
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.