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 | |
|---|---|---|---|---|---|---|
426
BioLife Solutions
BLFS
$1.53B
| $13.5M | 0.01% |
304,358
-5,900
| -2% | -$208K |
|
427
Service Corp International
SCI
$11.7B
| $13.4M | 0.01% |
250,977
+206,186
| +460% | +$10.9M |
|
|
B
428
Barrick Mining
B
$61.5B
| $13.3M | 0.01% |
643,759
+203,563
| +46% | +$4.59M |
|
429
Intapp
INTA
$2.52B
| $13.3M | 0.01% |
+475,000
| New | +$13.3M |
|
|
XEC
430
DELISTED
CIMAREX ENERGY CO
XEC
| $12.8M | 0.01% |
177,273
+5,576
| +3% | +$377K |
|
431
First Advantage
FA
$3.4B
| $12.8M | 0.01% |
+643,048
| New | +$13M |
|
432
Flywire
FLYW
$1.98B
| $12.7M | 0.01% |
+345,681
| New | +$11.6M |
|
433
Atlantic Union Bankshares
AUB
$6.02B
| $12.6M | 0.01% |
349,095
-10,554
| -3% | -$414K |
|
434
Arvinas
ARVN
$518M
| $12.6M | 0.01% |
163,635
| – | – |
|
|
PSXP
435
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $12.5M | 0.01% |
315,774
+169,673
| +116% | +$6.27M |
|
436
Intuit
INTU
$86.5B
| $12.4M | 0.01% |
25,205
+24,040
| +2,064% | +$10.4M |
|
437
PMV Pharmaceuticals
PMVP
$59.2M
| $12.2M | 0.01% |
358,152
| – | – |
|
438
ACV Auctions
ACVA
$1.31B
| $12.1M | 0.01% |
470,770
+34,403
| +8% | +$1M |
|
|
QTS
439
DELISTED
QTS REALTY TRUST, INC.
QTS
| $12M | 0.01% |
154,766
-264,382
| -63% | -$18M |
|
440
Westlake Corp
WLK
$9.03B
| $12M | 0.01% |
132,760
+108,294
| +443% | +$10.5M |
|
|
FARO
441
DELISTED
Faro Technologies
FARO
| $12M | 0.01% |
+153,773
| New | +$12.1M |
|
442
Concrete Pumping Holdings
BBCP
$490M
| $11.9M | 0.01% |
1,401,902
+925,944
| +195% | +$7.41M |
|
443
Diageo
DEO
$49B
| $11.7M | 0.01% |
61,282
+58,861
| +2,431% | +$10.9M |
|
444
Wabtec
WAB
$49.1B
| $11.5M | 0.01% |
139,513
+30,773
| +28% | +$2.5M |
|
445
TC Energy
TRP
$70.2B
| $11.3M | 0.01% |
227,483
-35,285
| -13% | -$1.77M |
|
446
AvalonBay Communities
AVB
$26.5B
| $11.2M | 0.01% |
+53,850
| New | +$10.8M |
|
447
Halliburton
HAL
$26.9B
| $11M | 0.01% |
476,247
+92,071
| +24% | +$2.05M |
|
448
Sunrun
RUN
$2.34B
| $10.9M | 0.01% |
195,892
-263,958
| -57% | -$12.7M |
|
449
Newell Brands
NWL
$2.38B
| $10.6M | 0.01% |
+386,536
| New | +$10.7M |
|
|
SILK
450
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $10.5M | 0.01% |
219,577
-144,200
| -40% | -$7.35M |
|
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.